Foreign direct investment (FDI) in services has grown significantly in recent years. Evidence of spatial relationships …. This paper investigates spatial interactions for services FDI using several distance measures, including physical distance … activity remain valid for services. We also find spatial interdependence for services FDI that is generally supportive of …

OECD countries vis-à-vis 69 exporters. Competition in services affects the volume of goods trade while the market structure … competition apparently matters most for exporters in smaller, poorer countries. By ignoring the structure of the domestic services …

We use unique plant-level data to study the link between the local availability of services and the decision of … international sourcing of materials depends on a firm’s productivity and the availability of local services. These predictions are … materials to sales. In addition, we find evidence that services grease the wheels of international commerce: A greater …

that the connection between overconfidence and innovation is more complex than the previous literature suggests. In … innovative activity. While overoptimism leads to an innovation enhancing effect, judgmental overconfidence inhibits innovation …. Our results indicate that future research is well advised to take into account that the relationship between innovation …

We study innovation contests with asymmetric information and identical contestants, where contestants’ efforts and … highest quality and receives the revenue generated by the innovation. We characterize the equilibrium behavior, outcomes and …

We develop a theory of innovation for entry and sale into oligopoly, and show that inventions of higher quality are …

destructive part of creative destruction is a social cost and therefore biases our estimate of the impact of the innovation on NNP …