Despite technological inventions being a key input to new product development, companies often struggle with commercializing technologies via the development route. Drawing on sample of publicly traded U.S. manufacturing that spans period 1992–2013, our study shows CEOs play catalytic role in technology conversion process, but this is highly nuanced and depends characteristics (generalist vs. s...

The rapid pace of productivity growth since the mid-1990s has been attributed to improvements in technology, particularly in the areas of information processing and communications. From e-mail and cell phones to inventory management and robotic manufacturing techniques, new ways of doing business—facilitated by the use of new types of capital equipment—have transformed the workplace. However, t...

In this paper we present an algorithm that deals with trade interactions within a multi-region model. In contrast to traditional approaches this algorithm is able to handle spillover externalities. Technological spillovers are expected to foster the diffusion of new technologies, which helps to lower the cost of climate change mitigation. We focus on technological spillovers which are due to ca...

By reviewing the existing literature and empirical investigation, we build a socalled Photosynthesis model which argues that a recipient developing country only achieves benefits from FDI once they have sufficient absorptive capacity related to human capital resource, absorptive capacity of domestic firm, financial systems, physical infrastructure, technological, and institutional development. ...