Oettl, Alexander; Agrawal, Ajay - In: Journal of International Business Studies 39 (2008) 8, pp. 1242-1260
Although knowledge flows create value, the market often does not price them accordingly. We examine “unintended …” knowledge flows that result from the cross-border movement of inventors (i.e., flows that result from the move, but do not go to … the hiring firm). We find that the inventor's new country gains from her arrival above and beyond the knowledge flow …