A key strategic choice for multinational firms is where to locate. When investing abroad, firms may find collocating with their own and competitors' prior investments beneficial. Such agglomeration may provide knowledge and infrastructure spillovers. Yet, as a firm invests sequentially, its past...

The emergence of a giant cluster, in which bits and pieces of otherwise unconnected parts of a system come together, has been extensively studied in nonsocial contexts. This phenomenon has attracted substantial attention because it allows researchers to understand and predict the collective...

This study investigates the different effects of the 1982 reform of the U.S. patent judiciary systems on patent scope in foreign and American firms. We first develop a model of patent scope decision-making under litigation uncertainty. We hypothesize that although the 1982 patent reform...

The issue of whether a new incompatible technology can challenge an established technology has been controversial in the literature on network effects. Some argue that such incompatible entry is difficult when the established technology has built up its installed base. Others argue that history...

Recent research finds that firms investing abroad tend to agglomerate with other foreign entrants. Yet firms often invest multiple times within the same host country, which raises the question of whether firms agglomerate with their competitors' or their own prior investments. Collocation's...

Recent research finds that firms investing abroad tend to agglomerate with other foreign entrants. Yet firms often invest multiple times within the same host country, which raises the question of whether firms agglomerate with their competitors' or their own prior investments. Collocation's...

To investigate the conditions under which learning-by-hiring (or the acquisition of knowledge through the hiring of experts from other firms) is more likely, we study the patenting activities of engineers who moved from United States (U.S.) firms to non-U.S. firms. Statistical findings from...

Until recently, economists studying economic development have tended to consider it a universal process, or focussed their attention on common aspects. This book originates from the growing recognition of significant sectoral differences in economic development and examines the catching-up...

We investigate the factors that influence the extent to which a multinational corporation's headquarters (MNC-HQ) sources knowledge from the host countries of its R&D labs. We propose that the technological capabilities held by MNC-HQs present a paradox. On the one hand, they enhance MNC-HQs'...

Purpose – The purpose of this paper is to explore organizational factors that affect the transfer of subsidiary knowledge to both parent companies and peer subsidiaries. Design/methodology/approach – The hypotheses are tested using multivariate regression, based on a survey of 81 foreign...