Geographically concentrated industry activity creates pools of skilled labor and specialized suppliers, and increases opportunities for knowledge spillovers. The strategic value of these agglomeration economies may vary by firm, depending upon the relative value of each economy, and upon firm...

Do firms take advantage of differences in innovation across locations? Recent research establishes that firms, motivated by geographic differences in technological capabilities, locate close to innovation sources to seek technology. We explore which technology sources attract firms and how...

We explore the impact of geographically bounded intra-firm spillovers (internal agglomeration economies) and geographically bounded inter-firm spillovers (external agglomeration economies) on firms’ location strategies. Using data from the Census Bureau’s Longitudinal Business Database and...

Researchers studying innovation increasingly use indicators based on patent citations. However, it is well known that not all citations originate from applicants--patent examiners contribute to citations listed in issued patents--and that this could complicate interpretation of findings in this...

Global economic transactions such as foreign direct investment must extend over an institutional abyss between the jurisdiction, and therefore protection, of the states involved. Intergovernmental organizations (IGOs), whose members are states, represent an important attempt to span this abyss....

This four-page update to the case, 'The Walt Disney Company and Pixar Inc.: To Acquire or Not to Acquire?' details the Walt Disney Company's acquisition of Pixar, including deal terms, executive appointments, and operating guidelines for the two studios

Soon after Robert Iger took over as CEO of the Walt Disney Company in late 2005, he turned his attention toward Pixar, the animation studio with which Disney had worked since 1991 and was responsible for producing hits such as Toy Story and Finding Nemo. Disney's own animated film business had...

Analysis of patent citations is a core methodology in the study of knowledge diffusion, and forward citations are used as a measure of impact of innovations. However, citations made by patent examiners have not been separately reported, adding unknown noise to the data. We leverage a recent...

There has been a recent revival of interest in the geographic component of firm strategy. Recent research suggests that two opposing forces - competition costs and agglomeration benefits - impact a firm's geographic strategy, along with location traits. Unexplored is (1) how the tradeoff between...