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information. We also find that the relative importance of knowledge sources varies systematically with the type of innovation …
Persistent link: https://www.econbiz.de/10013228042
We show that the 2016 Brexit Referendum had multi-faceted consequences for corporate America, shaping employment, investment, divestitures, R&D, and savings. The unexpected vote outcome led US firms to cut jobs and investment within US borders. Using establishment-level data, we document that...
Persistent link: https://www.econbiz.de/10013309901
This paper describes the characteristics of manufacturing establishments in Britain over the period 1980 to 1996, paying particular attention to differences between establishments of different ownership nationalities. The findings suggest that establishments that are always foreign-owned have...
Persistent link: https://www.econbiz.de/10013244877
The location of US multinational foreign R&D has shifted significantly to include emerging markets in addition to traditional Western R&D hubs, resulting in two challenges for multinationals: (1) how to transfer knowledge across geographic distances, and (2) how to facilitate learning when local...
Persistent link: https://www.econbiz.de/10012922984
). We present models in the literature that extend the EK model of trade to innovation, diffusion, and multinational firms …
Persistent link: https://www.econbiz.de/10012910654
indicate that increases in the share of a firm's innovation performed by inventors of a particular ethnicity are associated …
Persistent link: https://www.econbiz.de/10013008529
The decline in the costs of multinational production (MP) has led some countries to specialize in innovation and others … advantage and home market effects (HME) that arise from the interaction between increasing returns to innovation and … further specialize in innovation …
Persistent link: https://www.econbiz.de/10013035693
How global are the gains from innovation? When firms operate production plants in multiple countries, technological …-2008. Our estimates indicate that innovation increases performance at firm locations beyond the innovating site: the median U … operations understate multinationals' gain from innovation, and revealing a spatial disconnect between the costs and potential …
Persistent link: https://www.econbiz.de/10012994907
We estimate the demand for a videocalling technology in the presence of both network effects and heterogeneity. Using a unique dataset from a large multinational firm, we pose and estimate a fully dynamic model of technology adoption. We propose a novel identification strategy based on...
Persistent link: https://www.econbiz.de/10013067628
person. This paper studies the role of short-term cross-border labor movements for innovation by estimating the recent impact … one fourth as potent for innovation as domestic R&D spending. We show that the technological knowledge of each business … traveler matters by estimating a higher impact for travelers that originate in U.S. states with substantial innovation, such as …
Persistent link: https://www.econbiz.de/10013067960