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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...
Persistent link: https://www.econbiz.de/10011373085
We employ the EU KLEMS database to estimate the real rate of return to capital in 14 countries (11 in the EU, three outside the EU) in 10 branches of the market economy plus the market economy as a whole. Our measure of capital is an aggregate over seven types of asset: three ICT assets...
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By international comparison as well as compared to other EU policies, the EU‘s Cohesion Policy (CP) evaluation system … is far developed and institutionalized. This paper analyses the remaining gaps and shortcomings in the CP evaluation … presence of a broad and imprecise CP objective function emerges as a key challenge for evaluations. The evaluation culture is …
Persistent link: https://www.econbiz.de/10014566802
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Through a survey, economic value estimates were obtained on 962 inventions made in the United States and Germany and on which German patent renewal fees were paid to full-term expiration in 1995. A search of subsequent U.S. and German patents yielded a count of citations to those patents....
Persistent link: https://www.econbiz.de/10011417779