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on Knowledge Management and Knowledge Economy |
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Issue of 2024‒02‒12
three papers chosen by Laura Nicola-Gavrila, Centrul European de Studii Manageriale în Administrarea Afacerilor |
| By: | Aghion, Philippe; Bergeaud, Antonin; Gigout, Timothee; Lequien, Matthieu; Malitz, Marc |
| Abstract: | We examine the effect of entry by French firms into a new export market on the dynamics of their patents' citations received from that destination. Applying a difference-in-differences identification strategy with a staggered treatment design, we show that: (i) entering a new foreign market has a significant impact on the long-run flow of citations; (ii) the impact is mostly driven by the extensive margin; (iii) inventors in destination countries patent mostly in products that do not directly compete with those of the exporting firm; (iv) the spillover intensity decreases with the technological distance between the exporting firm and the destination. |
| Keywords: | international trade; spillover; innovation; patent |
| JEL: | O33 O34 O40 F10 F14 |
| Date: | 2023–11–15 |
| URL: | http://d.repec.org/n?u=RePEc:ehl:lserod:121291&r=knm |
| By: | Fabio Pieri; Massimiliano Vatiero |
| Abstract: | This paper investigates the role of the market for knowledge in shaping firm hierarchy—that is, the span of control and the number of layers. We predict that, the larger the extent of the market for knowledge, the larger the span of control and the fewer the layers. We test our predictions using a rich database representing industrial firms in Italy during 2005-2018. Our identification strategy is based on existing cross-regional and cross-industry heterogeneity within the extent of the market for business services’ providers and instrumental variables. Results confirm that firms are flatter as the regional market for knowledge expands. |
| Keywords: | firm hierarchy, number of layers, span of control, market for knowledge |
| JEL: | D21 D22 D23 L22 L23 |
| URL: | http://d.repec.org/n?u=RePEc:csl:devewp:482&r=knm |
| By: | Nils Brouwer; Jakob de Haan |
| Abstract: | Using data from the Dutch Household Survey, we examine what individuals know about cryptocurrencies and how they acquire information about these assets. Our results suggest that higher-educated respondents with a stronger desire to be informed use more different information sources, which results in better knowledge. However, respondents relying on social media or friends for information on cryptocurrencies do not have better knowledge. We also observe that individuals who hold cryptocurrencies are better informed. Furthermore, the longer they own cryptocurrencies, the better knowledge respondents have. Finally, we find that individuals who acquire cryptocurrencies for investment purposes demonstrate a higher level of understanding than those who buy cryptocurrencies for other reasons. |
| Keywords: | cryptocurrencies; general public; information sources; knowledge |
| JEL: | D12 D14 G11 E41 |
| Date: | 2024–02 |
| URL: | http://d.repec.org/n?u=RePEc:dnb:dnbwpp:799&r=knm |