This paper provides empirical evidence on the complex role played by technology in affecting the relationship between … technology is analysed by taking into account both the technological intensity of offshoring industries and that of their GVC …

We study how technology adoption and changes in global value chain (GVC) integration jointly affect labor shares and …

are shown to be solved by verification through entry for sale. -- acquisitions ; entrepreneurship ; innovation ; start …

technology, and the importance of creative re-use and new licensing and business models. We then set out avenues for further … technology that enables algorithmic licensing, and copyright issues related to software, data and artificial intelligence. …

Although the Industrial Revolution is often characterized as the culmination of a process of commercialisation, the … precise nature of such a link remains unclear. This paper provides an analysis of one such link: the role of commercialisation … to higher capital-intensity in the production technology and hence, a faster rate of technological progress. We provide …

valuation of firms in the transition as technology changes, and whether or not share prices are always increasing when … technology improves. We find that there can be a U-shaped transition dynamic, so that an initial boom in share price is followed … by a temporary fall in share price even though the underlying technology is improving. …

effects of entry-year electricity prices on subsequent energy intensity. We discuss how this "technology lock-in" increases …