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Firm Value and Geographic Competitive Advantage : Evidence from the U.S. Pharmaceutical Industry

Boasson, Vigdis; Boasson, Emil; MacPherson, Alan; Shin, … - 2007

This paper examines the effects of geographic sources of competitive advantage on firm value among publicly-traded pharmaceutical companies in the United States. A central argument is that firm value responds positively to geographic factors. We hypothesize that firm value is influenced by the...

Persistent link: https://www.econbiz.de/10014222326

Facts and Fallacies about U.S. FDI in China

Branstetter, Lee; Foley, C. Fritz - 2007

Despite the rapid expansion of U.S.-China trade ties, the increase in U.S. FDI in China, and the expanding amount of economic research exploring these developments, a number of misconceptions distort the popular understanding of U.S. multinationals in China. In this paper, we seek to correct...

Persistent link: https://www.econbiz.de/10014223884

Directions and Implications of the United States' Artificial Intelligence Strategy

Kyung, Heekwon; Lee, Jun - 2023

On March 2, the National Security Commission on Artificial Intelligence (NSCAI) released its final report: a glimpse of the U.S. view of advanced industries such as artificial intelligence (AI) and semiconductors, as well as the direction of its related strategies. The commission urged a...

Persistent link: https://www.econbiz.de/10014263451

Manufacturing Digitalization in the U.S. and its Policy Implications for Korea

Kim, Inchul; Cho, Jaehan; Jung, Sunin; Kim, Hanhin; … - 2023

, cybersecurity, digital manufacturing supply chains, capital access for digital innovation, and digital manufacturing skills/education …

Persistent link: https://www.econbiz.de/10014264385

Short-Term Tax Cuts, Long-Term Stimulus

Cloyne, James; Martinez, Joseba; Mumtaz, Haroon; … - National Bureau of Economic Research - 2022

We study the persistent effects of temporary changes in U.S. federal corporate and personal income tax rates using a narrative identification approach. A corporate income tax cut leads to a sustained increase in GDP and productivity, with peak effects between five and eight years. R&D spending...

Persistent link: https://www.econbiz.de/10013334463

Research alignment in the U.S. National Park Service : Impact of transformative science policy on the supply of scientific knowledge for protected area management

Arroyave, Felber; Jeff; Petersen, Alexander Michael; Steve - 2022

The US National Park System includes 63 national parks encompassing diverse environmental and tourism management regimes, together governed by the 1916 Organic Act and its dual mandate of conservation and provision of public enjoyment. However, with the introduction of transformative science...

Persistent link: https://www.econbiz.de/10013295513

Comment on the 2021 Draft Policy Statement (DPS) on Standards-Essential Patents (SEPs). Submitted to the U.S. Department of Justice in Response to : DPS on Licensing Negotiations a...

Teece, David - 2022

intellectual property (IP) rights results in less innovation, thereby favoring vertical integration. The SEP licensing model … enables open innovation and new entry into existing ecosystems. Standards development, at least for mobile wireless, is an … policy statement does not link the need for a robust patent system with the generation of the very technological innovation …

Persistent link: https://www.econbiz.de/10013298098

Investing in Bank Lending Technology : IT Spending in Banking

He, Zhiguo; Jiang, Sheila; Xu, Douglas; Yin, Xiao - National Bureau of Economic Research - 2022

This paper studies the economics behind the investment in information technologies (IT) by U.S. commercial banks in the past decade. By linking banks' IT spending to their lending technologies, we analyze the distinctive natures of banks' dealings with information across various lending...

Persistent link: https://www.econbiz.de/10013362057