This paper investigates how policy certainty affects firm innovation activities.The identification hinges on the overlap of the elite dualism system in China. Naturally, a city Party leader served as the prior mayor in the same city is more likely to carry out the policy decisions made by the...

Globalization has dramatically transformed the world economy during the last quarter of 20th century and more vigorously in the first decade and a half in the 21st century. The most important characteristic of this phase of globalization is the rise of cross border flows of trade, investment,...

Technological developments in developing countries are governed by the nature of socio-economic structure of the countries concerned, and depend on factors like technological absorption capacities, administrative and management efficiencies, prevailing technological base, available R&D...

This article reviews the impact of intellectual property (IP) protection on foreign direct investment (FDI) by multinational enterprises (MNEs) in developing countries. Applying different panel data techniques to a newly-created comprehensive FDI/IP dataset of 31 Swiss MNEs investing into 53...