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Effective levels of firms?' R&D are understood here to depend, at an international scale, on where they are located due to country-specific spillovers of fundamental R&D. A duopoly model is proposed in which each firm is initially located in a different country. Since knowledge is assumed to be...
Persistent link: https://www.econbiz.de/10008578781
In this paper we examine how a gap between levels of scientific knowledge in two countries affects the location of a firm?s fundamental R?D activities. When based in a less advanced country, a firm may decide to set up a research laboratory abroad in order to enrich the basic knowledge stock...
Persistent link: https://www.econbiz.de/10008680114
A two-country model is proposed to examine the interrelation between the acquisition of human capital abroad and the international migration of skilled workers. Students in a domestic country face the choice of either studying and working at home, or undertaking studies abroad, offering variable...
Persistent link: https://www.econbiz.de/10011187213
A two-country, two-period model of international migration highlights microeconomic foundations for examining the interrelation between brain drain, brain gain and the location of human capital formation, at home or abroad. Ex ante choices regarding where to study depend on relative qualities of...
Persistent link: https://www.econbiz.de/10008793525
Pour étudier les migrations internationales de travailleurs qualifiés, nous construisons un modèle à deux pays : pays d'origine et pays d'accueil. Un étudiant du pays d'origine peut soit entreprendre des études locales, soit aller étudier à l'étranger où il a par la suite une certaine...
Persistent link: https://www.econbiz.de/10008793828
A conceptual framework is proposed for analyzing how differences in national R&D stocks can impact on a firm's decision to internationalize its R&D activities. A central finding is that the integration of product markets can generate an added incentive to undertake R&D abroad. A three-stage...
Persistent link: https://www.econbiz.de/10005587115
A conceptual framework is proposed for analyzing how differences in national R&D stocks can impact on a firmÌs decision to internationalize its R&D activities. A central finding is that the integration of product markets can generate an added incentive to undertake R&D abroad. A three-stage...
Persistent link: https://www.econbiz.de/10005762575
Persistent link: https://www.econbiz.de/10005500102
We analyze the strategic use of the debt in a duopoly model of Cournot competition. We consider a two stage model where debt acts as a commitment variable and we characterize subgame perfect equilibria. We differ from several models based on the strategic value of the debt such as Wanzenried...
Persistent link: https://www.econbiz.de/10005500197
Persistent link: https://www.econbiz.de/10005493201