, it shows how free-riding behavior and process spillovers can mutually promote dynamic competition at the industry level …

several hypotheses to explain this finding, focusing on group internal capital markets and knowledge spillovers. We find that … knowledge spillovers are not the main driver of innovation in business groups because firms affiliated with the same group do …

Most research suggests that spillovers commonly benefit the productivity of LDCs' local firms from market contacts with … foreign subsidiaries, but little attention has gone to where those spillovers might be large, where nonexistent. In Particular … implications for the nature and extent of spillovers from foreign subsidiaries. The analysis also yields predictions how spillovers …

addition to direct effects, we also distinguish between intra-industry (horizontal) and inter-industry (vertical) spillovers … the impact of horizontal spillovers. …

(i.e., spillovers). Providing evidence from a larger sample of countries and greater variety of firms than existing … studies, with separate estimates by firm size, age, and sector, we show: a) backward spillovers (stemming from supplying a … foreign firm in the host country or exporting to a foreign firm) are consistently positive; b) horizontal spillovers are …

(i.e. spillovers). Providing evidence from a larger sample of countries and greater variety of firms than existing … studies, with separate estimates by firm size, age, and sector, we show: a) backward spillovers (stemming from supplying a … foreign firm in the host country or exporting to a foreign firm) are consistently positive; b) horizontal spillovers are …

(i.e., spillovers). Providing evidence from a larger sample of countries and greater variety of firms than existing … studies, with separate estimates by firm size, age, and sector, we show: a) backward spillovers (stemming from supplying a … foreign firm in the host country or exporting to a foreign firm) are consistently positive; b) horizontal spillovers are …

unemployment rates. Although this capital and labour mobility pattern is consistent with the presence of regional skill spillovers …