We study the relationships between corporate R&D and three components of public science: knowledge, human capital, and … established firms, which account for more than three-quarters of business R&D, is affected by scientific knowledge produced by … commercialize university inventions. Moreover, abstract knowledge advances per se elicit little or no response. Our findings …

Commercializing knowledge involves transfer from discovering scientists to those who will develop it commercially. New … opportunities if high. Hence new knowledge remains naturally excludable and appropriable. Team production allows more knowledge … capture of tacit, complex discoveries by firm scientists. A robust indicator of a firm's tacit knowledge capture (and strong …

technological information. FDI is an alternate, potentially equally important channel for the mediation of such knowledge spillovers …. I introduce a framework for measuring international knowledge spillovers at the firm level, and I use this framework to … directly test the hypothesis that FDI is a channel of knowledge spillovers for Japanese multinationals undertaking direct …

the knowledge-capital model', which simultaneously generates motives for both horizontal and vertical multinational …

neoclassical model of investment with physical capital, quasi-fixed labor, and two types of intangible capital, knowledge and brand …'s market value, installed labor force accounts for 14% to 22%, knowledge capital accounts for 20% to 43%, and brand capital … of knowledge capital increased, especially in high-tech industries. Overall, our analysis provides direct empirical …