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Recent literature on international trade has established that the most productive firms become multinationals. But our data reveal a startling variation in productivity levels of foreign affiliates across the countries in Eastern Europe of the same European multinational parent firms suggesting...
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innovativeness and consequently competitiveness and profitability. Such business ventures, however, might be associated with huge … international R&D activities boost profitability. We employ a large data set of about 1300 firms from the German Community … Innovation Survey (CIS). The empirical results demonstrate that R&D location matters for profitability. Firms with both domestic …
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