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Many of the exports of developing countries are channeled through global value chains (GVCs), which also act as conduits for new technologies. However, new capabilities and productive employment remain limited so far to a tiny sliver of globally integrated firms. GVCs and new technologies...
Persistent link: https://www.econbiz.de/10012480816
multinationals export low skilled jobs to the lower income country. Third, trade barriers do not protect unskilled labor in the high …
Persistent link: https://www.econbiz.de/10012473376
of China into the world economy may hurt countries that are driven to specialize in production due to HMEs, although …
Persistent link: https://www.econbiz.de/10012459690
the dramatic growth of high-potential entrepreneurship and venture capital in China. First, using comprehensive data on …-level economic indicators, we find that this effect was driven by country-sector pairs most similar to their counterparts in China …" businesses and technology pioneered by China, and that a system where only rich countries lead in innovation could limit …
Persistent link: https://www.econbiz.de/10014512047
The competitive shock to the U.S. manufacturing sector spurred by rising China import competition could either catalyze …
Persistent link: https://www.econbiz.de/10012455801
This paper deals with the links between the development of new drugs, and particularly of innovative new drugs, and the international activities of U.S. drug companies. While U.S. drug companies have developed new production processes - the most notable being the fermentation process for making...
Persistent link: https://www.econbiz.de/10012479025
This paper uses a rich panel dataset of Spanish manufacturing firms (1990-2006) and a propensity score reweighting estimator to show that multinational firms acquire the most productive domestic firms, which, on acquisition, conduct more product and process innovation (simultaneously adopting...
Persistent link: https://www.econbiz.de/10012462084
By thoroughly controlling for the country covariates, through a combination of matched sampling techniques with fixed-effect panel regression models, the analyses arrive at robust results across the various model specifications. First, national pharmaceutical patent protection alone does not...
Persistent link: https://www.econbiz.de/10012462357
This paper examines how international flows of technological knowledge affect economic performance across industries and firms in different countries. Motivated by the large share of the world's technology investments made by firms that are active across borders, we focus on international trade...
Persistent link: https://www.econbiz.de/10012463207
Globalization brings opportunities and pressures for domestic firms in emerging markets to innovate and improve their competitive position. Using data on firms in 27 emerging market economies, we estimate the effects of foreign competition, vertical linkages with foreign firms, and international...
Persistent link: https://www.econbiz.de/10012464166