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This Paper studies the effect of knowledge diffusion on the incentives for developed countries’ (DC) firms to undertake costly transfer of production knowledge of an input to their developing countries’ (LDC) suppliers whose costs of production vary inversely with their technological effort....
Persistent link: https://www.econbiz.de/10005136533
structure in an international joint venture. In contrast to existing arguments, we show that spillovers must not always have … venture is mutually beneficial. Surprisingly, however, we find that despite the prospect of spillovers, a joint venture is …
Persistent link: https://www.econbiz.de/10005504408
This paper presents and tests a new model of multinational firms to explain a rich array of multinational behavior. In contrast to most approaches, here the multinational faces costs to transferring its know-how that are increasing in technological complexity. Costly technology transfer gives...
Persistent link: https://www.econbiz.de/10005124231
We study the impact of incentive pay, local development objectives and government constraints on university licensing performance. We develop and test a simple contracting model of technology licensing offices, using new survey information together with panel data on U.S. universities for...
Persistent link: https://www.econbiz.de/10005667018
-region spillovers and then extends the previous research by examining if spillovers are more likely to occur through supply chain … conditioning the effects of spillovers from multinationals on their productivity. Overall, we find limited evidence or a negative … depending on the origin of the parent companies, we find that the positive productivity spillovers come from supply chain …
Persistent link: https://www.econbiz.de/10011975739
This paper examines whether there are signs of regional spillovers from FDI, although evidence is still very scarce. It … hypothesizes that (a) the assessment of regional spillovers relies on a detailed analysis of these effects, according to the … presence of foreign firms in their region, but lose out if the firms are located elsewhere. Competition-related spillovers …
Persistent link: https://www.econbiz.de/10010869535
there are two countervailing R&D spillovers: positive effects from technology spillovers and negative effects from business … stealing by product market rivals. We develop a general framework showing that technology and product market spillovers have … product market spillovers operate, but that net social returns are several times larger than private returns. The spillover …
Persistent link: https://www.econbiz.de/10005662082
Gains from productivity and knowledge transmission arising from the presence of foreign firms have received a good deal of empirical attention, but theoretical micro-foundations for this mechanism are limited. Here we develop a dynamic model in which foreign experts may train domestic workers...
Persistent link: https://www.econbiz.de/10005661512
In a set-up of two local firms and one foreign firm, we construct a model to capture the dynamics of local industrial structure induced by formation and breakdown of cross-border joint ventures (JVs). There is a synergic gain to the JV, and the partners learn from each other. Firms play a...
Persistent link: https://www.econbiz.de/10009223940
Externalities play a central role in most theories of economic growth. We argue that international externalities, in particular, are essential for explaining a number of empirical regularities about growth and development. Foremost among these is that many countries appear to share a common long...
Persistent link: https://www.econbiz.de/10014023776