In this paper we introduce the notion of themes as an additional investment dimension beyond asset classes, regions …

and embedding foreign direct investment (FDI) in the economy of Wales. He finds that by far the most important deciding … factor in choosing Wales as an investment location is the availability of the government grants and subsidies that facilitate …

This paper investigates the impact of direct investment by foreign-owned companies on technical progress and hence … intra-industry and inter-industry spillovers from inward investment. These findings remain robust even when other factors … such as imports and domestic R&D expenditures are allowed for. Inward investment appears to be a much more important source …

This paper examines the dynamic relationship among cash flow, R&D investment and profitability. Previous empirical … individual fixed effects. We find that the positive impact of R&D investment on profitability over the long term, which indicates … confirms the importance of R&D investment and financing constraint in improving firm profitability …

We document that 20% of Compustat firms have above-median investment rates despite having below-median marginal product … features of the cross-section of firms and allows for counterfactual analysis. Hypothetical firm investment policies that … ignore the potential for future jumps reduce MPK and investment dispersion but also lower aggregate productivity …

Purpose: emerging economies lead advanced economies in world investment but lag advanced economies in innovation. We … emerging economies versus advanced economies and we compare total investment and the innovation-to-maintenance investment ratio … small uninsurable risks to the innovation process the model generates the counterfactual predictions of smaller investment …