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Commercializing knowledge involves transfer from discovering scientists to those who will develop it commercially. New codes and formulae describing discoveries develop slowly - with little incentive if value is low and many competing opportunities if high. Hence new knowledge remains naturally...
Persistent link: https://www.econbiz.de/10013237924
more differentiated firms that survive the increase in competition have better performance ex-post, but are ex-ante more …
Persistent link: https://www.econbiz.de/10012978850
-acquisition performance of publicly traded U.S. firms that have been acquired by firms from emerging markets over the period 1980-2007. Our …
Persistent link: https://www.econbiz.de/10013226196
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/10012751127
quality of tax administration affects firm performance for a large sample of firms in emerging market and developing economies …
Persistent link: https://www.econbiz.de/10011671089
transport sectors. Based on a new firm-level dataset, this paper reviews the SOE landscape, assesses SOE performance across … in most sectors, with substantial cross-country variation. Poor SOE performance raises three main risks: large and risky …
Persistent link: https://www.econbiz.de/10011748785
We analyze the performance of Indian banks during 2007–09 relative to their vulnerability to a crisis measured using … pre-crisis data, in order to study the impact of government guarantees on bank performance during a crisis. Using bank … loan advances but with poorer ex-post performance of loans. Our evidence suggests that access to stronger government …
Persistent link: https://www.econbiz.de/10013403886
How large are spatial barriers to transferring knowledge? We analyze the international operations of multinational firms to answer this fundamental question. In our model firms can transfer bits of knowledge to their foreign affiliates in either embodied (traded intermediates) or disembodied...
Persistent link: https://www.econbiz.de/10013150291
While the cumulative nature of knowledge is recognized as central to economic growth, the microeconomic foundations of cumulativeness are less understood. This paper investigates the impact of a research-enhancing institution on cumulativeness, highlighting two effects. First, a selection effect...
Persistent link: https://www.econbiz.de/10012760633
Research on intellectual property has focused on formal legally recorded rights that we call deeded, most often measured by granted patents. Meanwhile, other "defacto" IP (mainly purposive secrecy and natural excludability) has become more important because of the increasing closeness of...
Persistent link: https://www.econbiz.de/10013052123