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Matches in SemOpenAlex for { <https://semopenalex.org/work/W4234865790> ?p ?o ?g. }

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• W4234865790 abstract "How global are the gains from innovation? When firms operate plants in multiple countries, technological improvements developed in one location may be shared with foreign sites for efficiency gain. We develop a model that accounts for such transfer and apply it to measure returns to R&D investment for a panel of US multinationals. Our estimates indicate that innovation increases performance at firm locations beyond the innovating site: the median multinational firm realizes abroad 20% of the return to its US R&D investment, revealing a spatial disconnect between the costs and potential gains of policies that encourage multinationals’ US innovation." @default.
• W4234865790 created "2022-05-12" @default.
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• W4234865790 date "2020-04-01" @default.
• W4234865790 modified "2023-10-17" @default.
• W4234865790 title "Innovation in the Global Firm" @default.
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• W4234865790 doi "https://doi.org/10.1086/705418" @default.
• W4234865790 hasPublicationYear "2020" @default.
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