Showing 1 - 10 of 1,289
This paper applies an interpretation of how globalization and governance (G&G) interact with convergence given Cape … Verde and Mozambique's particular geographical and historical contexts. We hold that development success under globalization … diversification (an indicator of globalization) and income convergence (an indicator of governance) in the sub-regions of West and …
Persistent link: https://www.econbiz.de/10012462105
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 …
Persistent link: https://www.econbiz.de/10012464166
There is great interest in evaluating the impact of private equity investments on innovation and economic growth …. However, there is no direct empirical evidence on the effects of such transactions on the innovation strategies of … Business Innovation Research (SBIR) program research awards. We find that SBIR firms attracting private equity investments are …
Persistent link: https://www.econbiz.de/10012460364
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/10012456515
level. First, we estimate the impact of COVID-19 and policy responses on small and medium sized enterprise (SME) business …. We find: (a) Absent government support, the failure rate of SMEs would have increased by 9 percentage points …
Persistent link: https://www.econbiz.de/10012629513
This paper examines how a newly designed global safe asset can mitigate international capital flows induced by flight-to-safety. In the model domestic investors have to co-invest in a safe asset along with their physical capital. At times of crisis, investors replace the initially safe domestic...
Persistent link: https://www.econbiz.de/10012481021
Using the "trilemma indexes" developed by Aizenman et al. (2008) that measure the extent of achievement in each of the three policy goals in the trilemma--monetary independence, exchange rate stability, and financial openness--we examine how policy configurations affect macroeconomic...
Persistent link: https://www.econbiz.de/10012462774
Two observations suggest that financial globalization played an important role in the recent financial crisis. First …
Persistent link: https://www.econbiz.de/10012463217
Globalization has made it possible for labor in developing countries to augment labor in the developed world, without …
Persistent link: https://www.econbiz.de/10012463245
globalization (1985-2005), there has been some convergence of business cycle fluctuations among the group of industrial economies …
Persistent link: https://www.econbiz.de/10012464278