We collect original data on the firm organization in several thousand firms located in the US, Europe and Asia. Specifically, we focus on the autonomy of production plant managers from their Corporate Headquarters in their decisions over hiring, investment, production and sales. We find that American and Northern European firms are much more decentralized than those from Southern Europe and Asi...

How much does US-based R&D benefit other countries and through what mechanisms? We test the "technology sourcing" hypothesis that foreign research labs located on US soil tap into US R&D spillovers and improve home country productivity. Using panels of UK and US firms matched to patent data we show that UK firms who had established a high proportion of US-based inventors by 1990 benefited dispr...

We build a model of firm-level innovation, productivity growth and reallocation featuring endogenous entry and exit. A key feature is the selection between highand low-type firms, which differ in terms of their innovative capacity. We estimate the parameters of the model using detailed US Census micro data on firm-level output, R&D and patenting. The model provides a good fit to the dynamics of...

This paper presents an econometric analysis of the characteristics of firm’s cooperating with universities using Community Innovation Survey (CIS) data for 14 European countries. Our model incorporates three groups of variables which could be related to the probability to cooperate with universities. The first group of variables is related to the size of a firm, the second group measures differ...

Empirical studies on information communication technologies (ICT) typically aggregate the “information” and “communication” components together. We show theoretically and empirically that these have very different effects on the empowerment of employees, and by extension on wage inequality. If managerial hierarchies are devices to acquire and transmit knowledge and information, technologies tha...

Many studies have shown that small firms generate more patents per R&D dollar than large firms. Does this mean that small firms are more efficient innovators than large firms? In this paper we exploit a unique data set to reexamine the firm size-innovation relationship. Because firm-reported R&D expenditures may be a biased measure of R&D activities due to underreporting by small firms, we use ...

We analyze whether funding bodies are biased against diverse teams, which have often been linked to the production of transformative research. We develop a general framework that compares the drivers of success in the ex-ante grant decision process to the drivers of success in ex-post performance. We use our framework to systematically analyze the decisions of one of the major public funding or...

Local star-forming galaxies show properties that are thought to differ from in the early Universe. Among them, ionizing stellar populations and gas geometry make recipes designed derive chemical abundances nebular emission lines those calibrated A sample of 1969 Extreme Emission Line Galaxies (EELGs) at a redshift 0 < z 0.49, selected Sloan Digital Sky Survey (SDSS) be local analogues high-reds...

A conventional wisdom in economics posits that more intense market competition, measured in almost any way, reduces firm profit. In this paper, we challenge this conventional wisdom in a simple Cournot model with strategic R&D investments wherein an efficient firm (dominant firm) competes against less efficient firms (fringe firms). We find that an increase in the number of fringe firms can sti...

We revisit the "paradox of openness" in the literature which consists of two conflicting views on the link between patenting and open innovation—the spillover prevention and the organisational openness views. We use the data from the Survey of Innovation and Patent Use and the Community Innovation Survey (CIS6) in the UK to assess the empirical support for the distinct predictions of these theo...