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This paper explores mechanisms through which a party's choice of governance mode for a focal transaction is constrained by the governance choices it made for other, prior transactions. We argue that this condition of "governance inseparability" plays an important role in determining the...
Persistent link: https://www.econbiz.de/10014035125
rely for employment have generated anemic productivity growth. Stable and equitable growth requires innovative enterprise … resource-allocation regime, unstable employment, inequitable income, and sagging productivity have characterized the U …
Persistent link: https://www.econbiz.de/10014082107
Are the agglomeration economies of technology hubs augmented by a localized market for start-ups – acquisitions, and IPOs? How does this affect the ability of places outside of those hubs to foster digital startups as a tool of local economic development? We study this with a particular focus...
Persistent link: https://www.econbiz.de/10013227117
Compatibility is recognized to be a socially desirable outcome but the welfare implications from a uniform standard are still ambiguous. This paper studies the effect of unifying two incompatible standards for wireless networks in the U.S. wireless telecommunications market from 2015 to 2018. I...
Persistent link: https://www.econbiz.de/10014244466
We examined ten years (1st January 2008 until 31st December 2017) of the regular non-provisional utility applications data (~3.63 million applications) from three different United States Patent and Trademark Office (USPTO) sources - Patent Examination Data System (PEDS), Patents-view database...
Persistent link: https://www.econbiz.de/10014032064
We examine the repercussions of protectionist policies implemented in the United States since 2018 on the composition of workforce and career choices within the semiconductor industry. We find that the shift towards protectionism, aimed at reviving domestic manufacturing and employment,...
Persistent link: https://www.econbiz.de/10014544744
rapidly raising productivity while making workers redundant. This paper explores the evidence for this view among the IT …-using U.S. manufacturing industries. There is some limited support for more rapid productivity growth in IT … expectations, is that output contracts in IT-intensive industries relative to the rest of manufacturing. Productivity increases …
Persistent link: https://www.econbiz.de/10010236437
-term growth. This setup may also be used to explain the accelerated productivity that followed the bursting of notable technology …
Persistent link: https://www.econbiz.de/10003475661
Using firm level panel data from the U.S., I explore the relationship between firm size and R&D productivity for two … between patents per R&D and firm size. -- R&D Productivity ; Firm size ; Patents ; Citations ; Semiconductors …
Persistent link: https://www.econbiz.de/10009492476