This paper analyzes the choice between different external technology sourcing activities of a firm. On the one hand, the firm can acquire new technology which is embodied in personnel. On the other hand, the firm can obtain new technology disembodied through a licensing agreement or by...

Over the last few years technology has become a key element of competition in the hospital market. At the same time this market in the US has seen intense merger activity. In this study we analyze the role that technology can play in this consolidation wave by focusing on how it can affect a...

The use of FDI as a channel of international spillovers is by now fairly established in the empirical literature on innovation and growth. It is often argued that subsidiaries of foreign MNEs are a mechanism through which technological know-how flows across borders. For foreign subsidiaries to...