We study the decision of firms between vertical integration and outsourcing in a dynamic setting with product innovation. In so doing, we model an industry in which R&D is performed by independent research labs and outsourcing production requires complementary upstream and downstream inventions....

We propose an endogenous growth model with offshoring to investigate its effects on product innovation and growth in the country of origin. Offshoring is associated with reduced feedback from offshored plants to domestic labs as well as coordination problems between the offshored and domestic...

I theoretically analyze the effects of a strengthening IPR protection and an improvement of technology of innovation of offshoring on the rate of innovation offshoring, rate of imitation, rate of innovation, relative wages, real wages and domestic welfare. A North-South dynamic general...

This volume was prepared by Sebastian Benz while he was working at the Ifo Institute. It was completed in December 2013 and accepted as a doctoral thesis by the Department of Economics at the University of Munich. It includes five self-contained chapters. All chapters discuss different...

We study the gains from trade in a model with oligopolistic competition, heterogeneous firms and innovation, and provide a formula to decompose the mechanism. The new insight we provide is that market concentration can be a welfare-relevant feature of market power above and beyond markup...

Based on a survey which includes over 5.000 European firms, this article investigates the innovation investment strategies of firms in response to the crisis in the service and manufacturing sectors. Overall innovation investment shows a cyclical dynamic. Countries with high intensity in...

В статье определено сущность системы финансового обеспечения, ее структуру и инструменты, проанализировано особенности формирования в Украине и разработано...

Myanmar, which is emerging from decades of isolation, is poised to accelerate its economic growth on the back of its abundant labor force, rich natural resources, and geographical location.But the country faces many development challenges to achieve strong and inclusive growth.To take advantage...

The issue of eco - efficiency has gained particular importance in economic theories relating to sustainable development. The acceptance of the sustainable development definition stipulated in the Brundtland Report (Our Common Future) in 1986 was a key moment in triggering massive approaches to...