This research sheds light on the role of multinational production on the type of innovation performed by firms. We … construct matched firm-patent data to measure the scope of innovation, that is the extent to which the output of R&D can be … geographically separate production from innovation focus on more specialized types of R&D …

enforcement of IPR yields a higher level of innovation and global welfare only if the developing country does not innovate. A … own innovation. The analysis predicts that the willingness to enforce IPR is U-shaped in a country GDP: small …

enforcement of IPR yields a higher level of innovation and global welfare only if the developing country does not innovate. A … own innovation. The analysis predicts that the willingness to enforce IPR is U-shaped in a country GDP: small …

We study the gains from trade in an economy with oligopolistic competition, firm heterogeneity, and innovation … domestic sales. Thus the overall effect of trade on markups is pro-competitive and a key source of the associated welfare gains …. In addition to markups, selection and innovation provide additional channels through which the trade-induced effect on …

We study the gains from trade in a model with oligopolistic competition, heterogeneous firms and innovation, and … provide a formula to decompose the mechanism. The new insight we provide is that market concentration can be a welfare … increases welfare via productivity improvements. In the calibrated version of the model we show that a trade-induced increase in …

in process R&D. The novelty is that if a firm invests more R&D its expected innovation return hazard rate stochastically …

in process R&D. The novelty is that if a firm invests more in R&D its expected innovation return hazard rate …

substitute for innovation. The model thus sheds new light on the impact of the costs of protection on the effectiveness of the …

in process R&D. The novelty is that if a firm invests more in R&D its expected innovation return hazard rate …

This paper investigates whether and how import competition affects firm innovation. Using China’s World Trade … Organization (WTO) accession as a quasi-natural experiment, we find that import competition reduces firm innovation, which is …