An interesting puzzle is that trade liberalization in the 1980s and 1990s has been associated with a sharp increase in the skill premium in both developed and developing countries.This is in contrast with neoclassical theory, according to which trade should increase therelative return of the...

The international transactions accounts provide information on trade in goods and services (including the balance of payments and the balance of trade), investment income, and government and private financial flows. In addition, the accounts measure the value of U.S. international assets and...

This paper discusses various ways of measuring corporate internationalisation. The concepts considered here became of crucial importance in the recent debate on globalisation, since many scholars link globalisation to a quantitative increase in the international activities of firms.(...)

This study focuses on the early stages of international innovation activities, i.e. theorganizational processes through which promising ideas from around the globe are collectedand evaluated. We ask: What characteristics make foreign knowledge interesting to domesticR&D managers? We envision...

We develop a model with two asymmetric countries. Firms choose the number andthe location of plants that they operate. The production of each firm increases whentrade costs fall. The fall also induces multinationals to repatriate their production intoa single country, which is likely to be the...

Das Internet und die multimedialen Möglichkeiten des World Wide Web habendazu geführt, dass eine neue Industrie um die innovativen Technologien und Geschäftsmodelleentstanden ist. Mittlerweile wird - in Abgrenzung zu den Geschäftsmodellender Old Economy - von der New Economy gesprochen.So...

A recent phenomenon of globalisation has come to be known as "Knowledge Process Outsourcing" (KPO), whereby knowledge-intensive R&D work is outsourced to an outside firm or an offshore-subsidiary. Primary motives of KPO are thought to be availability of highly-skilled labour, locations of...

The paper studies why a corporation hopes to keep technological leadership. The answer is shown by a theoretical model in the perspective of technological transfer. The model consisting of two countries, each of which contains numerous corporations,has pointed out: restrained technological...