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This paper develops a two-country, dynamic general equilibrium model with innovation contests to study the impact of … stochastic and sequential global innovation contests in which challengers devote resources to R&D to discover new products while …
Persistent link: https://www.econbiz.de/10013494330
The primary objective of this paper is to develop a two-country, dynamic, general equilibrium model with innovation … products are endogenously discovered through stochastic and sequential global innovation contests in which challengers devote …
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/methodology/approach - This study uses the auto-regressive distributive lag (ARDL) approach to understand the relationship between FDI and … correction model of ARDL shed light on institutional stability being an exogenous variable, and FDI is an endogenous variable …
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-sized enterprises (SMEs). The literature has yielded mixed results on how innovation impacts internationalization and performance of … internationalization (DOI) among the companies. We then discuss the implications on innovation management and corporate strategy. …
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An important question in development studies is how abundance of natural resources affects long-term economic growth. No consensus answer, however, has yet emerged, with approximately 40% of empirical papers finding a negative effect, 40% finding no effect, and 20% finding a positive effect....
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