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foreign markets. We illustrate that foreign workers foster exports at the extensive and the intensive margins. This effect can … find that foreign-born workers, and especially skilled individuals, foster exports at both margins. On average, a firm … employing foreign-born workers exports 30% more in value than a control firm. We find evidence that this increase is spread over …
Persistent link: https://www.econbiz.de/10011595795
This paper investigates the relationship between exports and overseas links using data from the UK Community Innovation …
Persistent link: https://www.econbiz.de/10010265701
mitigate the agency cost generated by exogeneous exports variation via higher free cash flow and cash flow volatility …
Persistent link: https://www.econbiz.de/10014282634
In this paper we use plant level data on the start-up size of new plant entries and detailed information on the grants received by such plants in order to investigate whether grant receipt encourages plants to start-up with more employment than without support. The data relate to manufacturing...
Persistent link: https://www.econbiz.de/10010277448
Standard economics omits the role of narratives (the stories that people tell themselves and others) when they make all kinds of decisions. Narratives play a role in understanding the environment; focusing attention; predicting events; motivating action; assigning social roles and identities;...
Persistent link: https://www.econbiz.de/10011414226
This paper provides insights into the behavior of academic patentees who choose to bypass in-house Technology Transfer Offices (TTOs). TTOs have gained favor in recent years as academic institutions have tried to increase commercialization of their inventions. Using a large sample of researchers...
Persistent link: https://www.econbiz.de/10011645082
The Central East European economies are competing for international investment capital, especially for FDI in order to support transformation. The paper explores how the Siemens AG, one of the world's largest MNCs, allocates investments towards and within Central East Europe and how they fit...
Persistent link: https://www.econbiz.de/10010261733
The present paper uses a comparison of Japan and the US to argue that the debate about corporate governance reform is best framed in terms of systems of complementary instruments and institutions. It argues that the Japanese and US systems of corporate governance differ along many dimensions,...
Persistent link: https://www.econbiz.de/10010274194
Hybrid governance structures between markets and hierarchies in many industries, e.g., in energy and telecommunications, challenge antitrust and regulation policy. The paper focuses on the theoretical and methodological basis provided by the New Institutional Economics (NIE) for analyzing the...
Persistent link: https://www.econbiz.de/10010283001
This paper provides a rationale for the coexistence of different systems of corporate governance based on the multitude of agency problems typically to be governed within a given firm. Because there are complementarity and substitution relationships between governance instruments, specific...
Persistent link: https://www.econbiz.de/10010260521