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Drivers and impacts in the globalization of corporate R&D: An introduction based on the European experience

Moncada-Paternò-Castello, Pietro; Vivarelli, Marco; … - 2011

The globalization of R&D activities has continued its growth path as companies are increasingly trying to capture …-intensive businesses has led researchers and analysts to pursue a deeper understanding of the globalization of corporate R&D and the … related driving factors and impacts. This introduction to the Special Section: Globalization and Corporate R&D forthcoming in …

Persistent link: https://www.econbiz.de/10010278539

Business Culture: The Role of Personal and Impersonal Business Relationships on Market Efficiency

Muñoz-Herrera, Manuel; Reuben, Ernesto - 2019

In this paper, we study the effects of business culture on market efficiency. We exogenously vary the type of business culture between business-is-business cultures, which consist on impersonal relationships where financial matters are paramount, and business-is-family cultures, which comprise...

Persistent link: https://www.econbiz.de/10012059128

Determinants of Employment Growth at MNEs : Evidence from Egypt, India, South Africa and Vietnam

Bhaumik, Sumon Kumar; Estrin, Saul; Meyer, Klaus - 2004

Foreign investors are expected to contribute to economic development through a variety of channels. However, many foreign investment operations are small, and almost insignificant in their impact on the local environment. An important indication of the potential contribution of foreign investors...

Persistent link: https://www.econbiz.de/10010262023

Wages and International Rent Sharing in Multinational Firms

Budd, John W.; Konings, Jozef; Slaughter, Matthew J. - 2002

We use a unique firm-level panel data set of multinational parents and their foreign affiliates to analyze whether profits are shared across borders within multinational firms. Using both fixed-effects and generalized method-of-moments estimators, affiliate wage levels are estimated to respond...

Persistent link: https://www.econbiz.de/10010262687

Evaluating the causal effects of foreign acquisition on domestic skilled and unskilled wages

Girma, Sourafel; Görg, Holger - 2003

This paper investigates the effects of the takeover of a domestic establishment by foreign owners on the domestic target?s development of wages for skilled and unskilled workers. We pay particular attention to identifying the causal effect, using a propensity score matching approach combined...

Persistent link: https://www.econbiz.de/10010265391

Why do foreign-owned-firms pay more? The role of on-the-job training

Görg, Holger; Strobl, Eric; Walsh, Frank A. - 2002

Foreign-owned firms have consistently been found to pay higher wages than domestic firms to what appear to be equally productive workers in both developed and developing countries alike. Although a number of studies have documented and some attempted to explain this stylized fact, the issue...

Persistent link: https://www.econbiz.de/10010265544

Spillovers from foreign firms through worker mobility: an empirical investigation

Görg, Holger; Strobl, Eric - 2002

While there has been a large empirical literature on productivity spillovers from foreign to domestic firms this literature treats the channels through which these spillover effects work as a black box. This paper attempts to fill this gap in the literature. Our results suggest that firms which...

Persistent link: https://www.econbiz.de/10010265549

Margins of multinational labor substitution

Muendler, Marc-Andreas; Becker, Sascha O. - 2006

Multinational labor demand responds to wage differentials at the extensive margin, when a multinational enterprise (MNE) expands into foreign locations, and at the intensive margin, when an MNE operates existing affiliates across locations. We derive conditions for parametric and nonparametric...

Persistent link: https://www.econbiz.de/10010267727

Shutdown contests in multi-plant firms and governmental intervention

Kräkel, Matthias - 2010

When a multi-plant firm must close one unit due to declining demand it can choose between two alternatives. On the one hand, the firm can announce a certain span of time in which the plants are evaluated according to relative performance with the least performing plant being shut down in the end...

Persistent link: https://www.econbiz.de/10010269831

The Effects of Foreign Owned Firms on the Labor Market

Almeida, Rita K. - 2003

Cross sectional evidence shows that foreign firms have a more educated workforce and pay higher wages than domestic firms. These results do not necessarily imply that foreign direct investment translates into higher demand for educated workers or higher wages, however, since foreign investment...

Persistent link: https://www.econbiz.de/10010270574

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