general management skills. …

This paper considers the effect of acquisition FDI on the knowledge production function. We distinguish between … complementarities in the knowledge assets of the MNE and the target firm as a reason for FDI. In contrast, consistent with technology … sourcing FDI, acquisitions from non-leading countries increase internal R&D efforts. -- MNE ; knowledge production function …

managers move across firms. Does a firm hiring a good manager improve its performance? If yes is there some valuable knowledge …Better managers and managerial practices lead to better firm performance. Yet, little is known about what happens when …-invariant ability of the manager as well as overall firm performance. We find that the export experience gained by managers in previous …

of firm: high age of managers and board members is bad for innovation and productivity growth, while costs and benefits …

result of powerful managers setting their own pay. Others interpret high pay as the result of optimal contracting in a …