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Is there knowledge adoption of innovations from emerging economies? We theorize that, to help overcome information asymmetry across countries, granting patents to technology in the emerging economy of China can serve as a signal of technology potential and market opportunity to enhance...
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We identify strong cross-border institutions as a driver for the globalization of in-novation. Using 67 million patents … from over 100 patent offices, we introduce novel measures of innovation diffusion and collaboration. Exploiting staggered … result in techno-logical convergence. The effects are particularly strong for process innovation, and for countries that are …
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