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The change in the business model of venture capitalists from investing locally towards investing across borders started to intensify in the late 1990s. According to a dataset of European and North-American countries, we find that countries with higher expected growth and higher lagged stock...
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Mit dem hier vorliegenden Text werden die Ergebnisse der ersten Phase eine Forschungsprojektes vorgelegt, das sich auf die Untersuchung von Entwicklungsprojekten in internationalen Kooperationen und strategischen Allianzen richtet. Ausgangspunkt ist die Bildung von globalen Arbeitsprozessen als...
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This paper reviews four decades of economics research on the brain drain, with a focus on recent contributions and on development issues. We first assess the magnitude, intensity and determinants of the brain drain, showing that brain drain (or high-skill) migration is becoming the dominant...
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