.g., chains. Accordingly, we propose, model and test an alternative theory, one in which HQ facilities market-like dynamics … between businesses that fuel innovation and growth. Whereas Chandler's and Williamson's theories involve the visible hand of … managers, ours involves an invisible hand of managers. We construct an interacting agent model of the theory, which yields …

This research sheds light on the role of product scope on the innovation activity of multinational multi-product firms …. We use patent citation data to break down innovation into two types by measuring the degree to which innovation performed … focus on two features in multinational production: (i) fundamental innovation is geographically more difficult to transfer …