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Persistent link: https://www.econbiz.de/10010529399
This paper considers the effect of acquisition FDI on the knowledge production function. We distinguish between … complementarities in the knowledge assets of the MNE and the target firm as a reason for FDI. In contrast, consistent with technology … sourcing FDI, acquisitions from non-leading countries increase internal R&D efforts. -- MNE ; knowledge production function …
Persistent link: https://www.econbiz.de/10009503803
We incorporate the now standard knowledge-capital model of multinational firms in a new economic geography setting. The …
Persistent link: https://www.econbiz.de/10013318618
Knowledge Capital model was developed in order to provide a unified framework. Although this did yield many empirically …
Persistent link: https://www.econbiz.de/10014575223
This paper brings forward a three-country model to analyze the internationalization process in the age of globalization …
Persistent link: https://www.econbiz.de/10011476519
We introduce transport cost of trade in products into the classical Zodrow and Mieszkowski (1986) model of capital tax competition. It turns out that even small levels of transport cost lead to a complete breakdown of the seminal result, the underprovision of public goods. Instead, there is a...
Persistent link: https://www.econbiz.de/10013136648
Due to globalization and the fast-changing international business environment, manufacturer SMEs have difficulties finding a well-fitting entry mode for themselves. In this study, we have used resource-based, transaction cost, and eclectic theories to explain how we can create a new entry mode...
Persistent link: https://www.econbiz.de/10013214311
In the presence of increasing specialization of workers it becomes more and more difficult for firms to find the most suitable workers. In such an environment a multinational corporation has an advantage because it can exchange workers between plants in different countries. In this way it can...
Persistent link: https://www.econbiz.de/10003757817
The paper investigates the consequences of outsourcing of labor intensive activities to low-wage economies. This trend challenges the two basic functions of the welfare state, redistribution and social insurance when private unemployment insurance markets are missing. The main results are: (i)...
Persistent link: https://www.econbiz.de/10003790635
Recent contributions on offshoring often assume that firms can freely split their production process into separate steps which can be ranked according to the cost savings from producing abroad. We replace this assumption by the notion of a technologically determined sequence of production steps....
Persistent link: https://www.econbiz.de/10003808676