present evidence of a trade-off between distance to the headquarters and the knowledge intensity of the foreign subsidiary … headquarters is, on average, about one percent higher in the knowledge intensity scale. I find no evidence of the knowledge …

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 …

knowledge transfers - from high to low productivity firms - between acquirer and target. Using the Melitz (2003) model of … heterogeneous firms, we develop a matching model of cross-border M&As which allows for both perfect and imperfect knowledge … imperfect knowledge transfers. …

This paper provides the first in-depth study of the organization of knowledge in multinational firms. The paper … develops a theoretical model that studies how firms optimally split knowledge between their headquarters and their production … plants if communication costs impede the access of production plants to headquarter knowledge. The paper assumes that the …

accessing useful knowledge by adopting, producing, and diffusing new ideas. Combining location information for the universe of 3 … arose through agglomeration economies and localized knowledge spillovers. To support this claim, we provide evidence … the same society had higher similarity in patenting, suggesting that social networks facilitated spatial knowledge …

' access to new and better capital goods depends on the knowledge gap, i.e., the wedge between the firm's technical knowledge … knowledge diffusion subsequently leading to declining business dynamism. Our findings indicate that only when knowledge … markups, falling labor share and productivity growth. Patents are an important obstacle to knowledge diffusion. We find an …