作者：Arora, Ashish; Branstetter, Lee G.; Drev, Matej
作者单位：Duke University; National Bureau of Economic Research; Carnegie Mellon University
摘要：This paper documents a systematic shift in the nature of innovation in information technology (IT) toward increasing dependence on software. Using a broad panel of U.S. and Japanese publicly listed IT firms in the period 1983 to 2004, we show that this change in the nature of IT innovation had differential effects on the performance of the IT industries in the United States and Japan, resulting in U.S. firms increasingly outperforming their Japanese counterparts, particularly in more software-...
作者：Huang, Yasheng; Jin, Li; Qian, Yi
作者单位：Massachusetts Institute of Technology (MIT); Harvard University; Northwestern University
摘要：Most of the economic analyses of the overseas Chinese network focus on trade and investment flows at the country level. In this paper,. we analyze the effects of the ethnic Chinese network at the firm level. Contrary to the conventional wisdom, we find that ethnic Chinese FDI firms in China in fact underperform nonethnic Chinese FDI firms. We also find that the performance of ethnic Chinese firms deteriorates over time. We present evidence consistent with the hypothesis that ethnic Chinese fir...
