explain them. We then describe a theoretical framework of endogenous markups, innovation, and competition that can potentially … firms respond to a given concentration in the economy. The results highlight that a decline in knowledge diffusion between …

explain them. We then describe a theoretical framework of endogenous markups, innovation, and competition that can potentially … firms respond to a given concentration in the economy. The results highlight that a decline in knowledge diffusion between …

1976 and 2015, we find evidence consistent with the presence of knowledge spill-overs to foreign investors …

. Importantly, the theoretical model captures the strategic behavior between competing firms, its effect on their innovation … knowledge diffusion from the frontier firms to the laggard ones in explaining the observed shifts. We conclude by presenting new … evidence that corroborates a declining knowledge diffusion in the economy. We document a higher concentration of patenting in …

innovation endogenously determines the dynamics of technology, and, therefore, market leadership and trade flows, in a world with … innovation motive, (ii) the expansionary innovation motive, and (iii) technology spillovers. The theoretical investigation …, dynamically, intensified globalization boosts domestic innovation through induced international competition. Accounting for …