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of foreign advanced knowledge, and by doing so, it helps to raise the productivity of the parent firm. In contrast, the … primary role of overseas adaptive R&D is to enhance the productivity of overseas subsidiaries through the use of parent firms … innovative R&D raises the marginal effect of home R&D on home productivity. …
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We investigate how Japanese men aged 60-74 adjust their workforce attachment after beginning to receive a public pension. Men who were employees at age 54 gradually move to part-time work or retire after beginning to receive pension benefits; those who continue working are more likely to be...
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