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The beneficial effects of innovation for firms' performance and competitiveness are well documented, but it has been … suggested in recent years that innovation regimes differ between advanced and emerging economies. While advanced economies rely … to local firms. We investigate whether FDI spillovers influence different phases of the innovation process (from decision …
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Multinational corporations can shift income into low-tax countries through transfer pricing and debt financing. While most developed countries use thin capitalization rules to limit the extent to which a subsidiary can be financed with internal debt, a number of developing countries do not. In...
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In this article an entirely new structural approach called the ‘Emerging Triad’ is identified, which is dealing with the increasing regional, intra- and interregional integration of the emerging regions Latin America, Southeast Asia and sub-Saharan Africa. In this context the fast growing...
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