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parties, and whether firms import as well as export. Firms that trade goods play an important role in the U.S., employing more … import from related parties, dominate U.S. trade flows and employment at trading firms. We also find that firms that begin …
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Since the 1990s, R&D has become less geographically concentrated, and has seen especially fast growth in emerging markets. One of the distinguishing features of the R&D globalization phenomenon is its concentration within the software/IT domain; the increase in foreign R&D has been largely...
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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...
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