How much does US-based R&D benefit other countries and through what mechanisms? We test the ‘technology sourcing’ hypothesis that foreign research labs located on US soil tap into US R&D spillovers and improve home country productivity. Using panels of UK and US firms matched to patent data...

We use an innovative survey tool to collect management practice data from 732 medium sized manufacturing firms in the US, France, Germany and the UK. These measures of managerial practice are strongly associated with firm-level productivity, profitability, Tobin’s Q, sales growth and survival...

This paper develops a framework to analyze the relationship between the diffusion ofnew technologies and the decentralization decisions of firms. Centralized controlrelies on the information of the principal, which we equate with publicly availableinformation. Decentralized control, on the other...