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作者:Estevadeordal, Antoni; Taylor, Alan M.
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作者:Ang, James S.; Cheng, Yingmei; Wu, Chaopeng
作者单位:State University System of Florida; Florida State University; Xiamen University
摘要:Using a unique and rich database of high-technology firms in China, we show that effective enforcement of intellectual property rights at the provincial level is critical in encouraging financing and investing in R&D. Better enforcement of intellectual property (IP) rights positively affects firms' ability to acquire new external debt and allows firms to invest in more R&D, generate more innovation patents, and produce more sales from new products. Our results suggest that facilitating financi...
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作者:Bohn, Sarah; Lofstrom, Magnus; Raphael, Steven
作者单位:University of California System; University of California Berkeley
摘要:We test for an effect of Arizona's 2007 Legal Arizona Workers Act (LAWA) on the proportion of the state's population characterized as noncitizen Hispanic. We use the synthetic control method to select a group of states against which Arizona's population trends can be compared. We document a notable and statistically significant reduction in the proportion of the Hispanic noncitizen population in Arizona. The decline observed matches the timing of LAWA's implementation, deviates from the time s...
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作者:Duso, Tomaso; Roeller, Lars-Hendrik; Seldeslachts, Jo
作者单位:Heinrich Heine University Dusseldorf; European School of Management & Technology; University of Amsterdam; KU Leuven
摘要:This paper tests whether upstream R&D cooperation leads to downstream collusion. We show that a sufficient condition for identifying collusive behavior is a decline in the market share of firms participating in research joint ventures (RJVs). Using information from the U. S. National Cooperation Research Act, we estimate a market share equation correcting for the endogeneity of RJV participation and R&D expenditures. We find robust evidence that large networks between direct competitors, creat...