An important literature has made a fundamental link between corporate governance and corporate strategy. According to agency theory, assigning managers stock options aligns their interests with the interests of the owners of the firm. This paper suggests that this may not apply in the context of...

We combine firm-level innovation data with area-level Census data to examine the relationship between local workforce characteristics, especially the presence of immigrants and local skills, and the likelihood of innovation by firms. We examine a range of innovation outcomes, and test the...

This paper investigates the links between locational conditions, innovative capabilities and internationalization of manufacturing SMEs. Two modes of foreign market servicing are explored: exporting activity and relocating of selected business activities abroad. The empirical analysis employs...

This is the first study that attempts to assess the regional economic impacts of the European Institute of Innovation and Technology (EIT) investments in a spatially explicit macroeconomic model, which allows us to take into account all key direct, indirect and spatial spillover effects of EIT...

This is the first study that attempts to assess the regional economic impacts of the European Institute of Innovation and Technology (EIT) investments in a spatially explicit macroeconomic model, which allows us to take into account all key direct, indirect and spatial spillover effects of EIT...

During last years, a central issue of theory debate and economicpolicy is clearly manufacture clusters and the local capabilities which take part,promote and condition its competitiveness. This article analyzes two local experiencesin Argentina —the Agricultural Machinery District and Las...

In this paper we analyze how firms’ knowledge absorption capacity – given the knowledge environment – affects the development, adoption and introduction of new export products among Swedish manufacturing firms. Our model formulation builds on theoretical arguments which imply that firms...

The aim of this article is the construction of an innovation networks classification based on geographic and electronic proximities. This classification is tested by a quantitative approach based on a sample of 77 NPD projects in the French industry. Last, the respective roles of the two...

The effect of proximity on development has fostered much interest over recent years and STORPER has put forward the hypothesis of a winning configuration for the 3rd millenium, that is one based on innovation, organizations and territory. Our research was conducted with firms of three high tech...

During a sequence of decades we can observe a co-evolution of globalization through network formation of multinational (MNE) firms and concentration in specific places due to agglomerative forces. First, innovation ideas arrive at a faster speed to firms with past experience of innovation...