I examine the effects of firms cluster membership on their alliance network structure, and how firms absorptive capacity moderates the relationship between alliance network structure and innovation. Little is known regarding the inter-relationship between cluster membership, network structure...

During the current episode of globalization, capital has flown primarily to high income countries. Attempts to explain this “Lucas Paradox” have focused on the quality of institutions. We analyze data from a major institutional investor, the Norwegian Sovereign Wealth Fund, to estimate the...