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The international transfer of technology is one of the most important features of the global economy. However, the literature on it is sparse. This book encapsulates the author’s contributions to this field over the last three decades and provides insights into the manner, mechanisms, and cost...
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To help understand mergers and acquisitions (M&As), this paper utilizes the most recent M&A data (1991–2007) to establish empirical facts on a variety of performance measures for M&A acquirers, targets, and non-participants. Unlike the finance literature which mainly focuses on abnormal...
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This paper analyzes the role of individual heterogeneity in the diffusion of a network technology. Using a detailed data set on the adoption of a new videoconferencing technology within a firm, we estimate a structural model of technology adoption and use. We find that employees have significant...
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innovations has, however, become substantially more difficult as the world economy has become more interconnected. Where R&D is …
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We estimate the demand for a videocalling technology in the presence of both network effects and heterogeneity. Using a unique dataset from a large multinational firm, we pose and estimate a fully dynamic model of technology adoption. We propose a novel identification strategy based on...
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Dieses Projekt zeichnet die "Vernetztheit" Österreichs und stellt internationale F&E-Potentiale sowie deren Interaktionsmuster in der Durchführung und Finanzierung dar. Nationale Maßnahmen und Instrumente müssen auf die strategische Neuausrichtung und Positionierung von Unternehmen...
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