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innovation, especially for firms further from the frontier, and that the supply chain of multinational enterprises and … international trade are important channels for domestic firm innovation. We do not find support for the inverted U effect of … competition on innovation. There is partial support for the hypothesis that firms in a more pro-business environment invest more …
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This paper presents a dynamic model that analyzes how firms' expectations with regards to technological change influence the demand for outsourcing. We show that outsourcing becomes more beneficial to the firm when technology is changing rapidly. As the pace of innovations in production...
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