Showing 1 - 10 of 25,392
This study examines the effect of foreign direct investment (FDI) on local firms' productivity via human capital transfer from MNEs to local firms. Using the firm-level data for 2010-2015 from the Republic of Korea, we identify human capital spillovers using local firms' hired permanent foreign...
Persistent link: https://www.econbiz.de/10013256491
With sound framework conditions, fine universities, good infrastructure and policies friendly towards foreign direct investment, Ireland scores high in international innovation scoreboards. Overall, policies to boost innovation and entrepreneurship are on the right track, but investment in...
Persistent link: https://www.econbiz.de/10010231006
effect determines the technology-sharing incentives. In equilibrium at most one firm shares some of its technologies. For … similar technology distributions, there exists an equilibrium in which nobody shares. If the technology distributions are …
Persistent link: https://www.econbiz.de/10003905806
Understanding the factors that may produce a sustained rate of innovation is important for promoting economic development and growth. In this paper, we examine the role of human capital in firms' innovation by using a large sample of manufacturing firms from China. We use two firm-level datasets...
Persistent link: https://www.econbiz.de/10011615502
Are differences in inventor productivity due to differences in inventors’ skills or differences in the capabilities of the firms they work for? We analyze a 37-year panel that tracks the patenting of U.S. inventors and find strong evidence for serial correlation in inventors’ productivity....
Persistent link: https://www.econbiz.de/10011772909
Many people in the European Union fear that Eastern Enlargement will lead to major job losses. More recently, these fears about job losses have extended to high skill labor and IT jobs. The paper examines with new firm level data whether these fears are justified for the two neighboring...
Persistent link: https://www.econbiz.de/10010371087
Human development, in combination with technology, yields economic growth which, in turn, is necessary to generate …. Secondly, the paper tries to investigate what affects technology change, as represented by TFP. We examine the influence of … openness, FDI, patents and R&D in a 22 country sample and also contrast Asian and Latin American experience. -- Technology …
Persistent link: https://www.econbiz.de/10009355741
New processes significantly affect firms and workers; however, due to a lack of quantitative indicators, our understanding of the measures, determinants, and impacts of new processes remains limited. Drawing on unique data from Pakistan, we analyzed five different measures of process innovation...
Persistent link: https://www.econbiz.de/10014557733
This paper analyses an entry timing game with uncertain entry costs. Two firms receive costless signals about the cost of a new project and decide when to invest. We characterize the equilibrium of the investment timing game with private and public signals. We show that competition leads the two...
Persistent link: https://www.econbiz.de/10009409636
We survey several key mechanisms that explain the composition of international capital flows: foreign direct investment, foreign portfolio investment and debt flows (bank loans and bonds). In particular, we focus on the following market frictions: asymmetric information in capital markets and...
Persistent link: https://www.econbiz.de/10008758908