We construct a model of international trade and multinational production (MP) to examine the impact of globalization on …

three important phenomena: (1) the globalization of R&D, (2) the growing importance of software and IT to firm innovation … markets. One of the distinguishing features of the R&D globalization phenomenon is its concentration within the software … IT- and software-biased shift in innovation drove US MNCs abroad, and particularly drove them abroad to “new hubs” with …

frontier? This paper models agents growing as a result of investments in innovation and imitation. Imitation facilitates …

between globalization and innovation does not differ across the manufacturing and service sectors …Globalization brings opportunities and pressures for domestic firms in emerging markets to innovate and improve their …, vertical linkages with foreign firms, and international trade on several types of innovation by domestic firms. Using …

a discussion of sources of environmental innovation. Given that most innovation is concentrated in a few rich countries …

It follows from Hicks' induced innovation hypothesis that rising energy prices in the last two decades should have … induced energy-saving innovation. We formulate the hypothesis concretely using a product-characteristics model of energy … innovation. Through estimation of characteristics transformation surfaces, we find that technological change reduced the total …

). We present models in the literature that extend the EK model of trade to innovation, diffusion, and multinational firms …

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 …