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Many modern firms compete globally. However, research into whether foreignness is an asset or a liability in competition with domestic firms is inconclusive. We argue that foreign MNC subsidiaries are not per se advantaged or disadvantaged. We suggest that the distinction originates from the...
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This paper sheds new lights on the internationalization of technological activities of the top corporate R&D investors worldwide. In particular, we provide evidence on the technological factors determining their international R&D location strategies. The empirical analysis is based on the...
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Countries deploy a variety of financial, regulatory and soft policy instruments to promote science-industry knowledge exchange. While these instruments are often discussed in isolation, they are implemented collectively and may reinforce and complement but also weaken or even negatively affect...
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in the creation of knowledge and technology in the economy. The mobility of labor between these firms and the rest of the … economy is therefore an important mechanism for the diffusion of knowledge. This paper analyses in great detail the flow of … economy. This is particularly true for high skill employees. Our results suggest that other domestic firms are to a larger …
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