...Nadia Albis Salas; Isabel Alvarez; John Cantwell Purpose This paper explains the mechanisms underlying the generation of two-way knowledge spillovers through the interaction of subsidiaries with differentiated local responsibilities and domestic firms. Design/methodology/approach The study...

... China Innovation Knowledge spillovers Absorptive capacity Adaptation Appropriability of innovation “China can’t innovate. The United States attracts talent from all over the world, people with a passion for change. We [Chinese] are too short-term, only interested in how much money we...

... Limited Licensed re-use rights only Knowledge spillovers Emerging economies Banks/other depository institutions By the time the reforms were initiated in 1991-1992, the financial system exhibited substantive financial repression. To illustrate, reserve requirements were exceedingly high...