Innovation and Top Income Inequality, SSRN Electronic Journal, 2015. ,
URL : https://hal.archives-ouvertes.fr/halshs-01883570
Living the American Dream in Finland: The Social Mobility of Inventors. mimeo, 2017. ,
Gone but not forgotten: knowledge flows, labor mobility, and enduring social relationships, Journal of Economic Geography, vol.6, issue.5, pp.571-591, 2006. ,
How Do Spatial and Social Proximity Influence Knowledge Flows? Evidence from Patent Data, Journal of Urban Economics, vol.2, issue.64, pp.258-69, 2008. ,
Brain drain or brain bank? The impact of skilled emigration on poor-country innovation, Journal of Urban Economics, vol.69, issue.1, pp.43-55, 2011. ,
Technological acquisitions and the innovation performance of acquiring firms: a longitudinal study, Strategic Management Journal, vol.22, issue.3, pp.197-220, 2001. ,
Localization of knowledge and the mobility of engineers in regional networks, Management science, vol.45, issue.7, pp.905-917, 1999. ,
Innovating in the periphery: The impact of local and foreign inventor mobility on the value of Indian patents, Research Policy, vol.41, issue.9, pp.1534-1543, 2012. ,
, , 2016.
A Global Assessment of Human Capital Mobility: The Role of Non-OECD Destinations, World Development, vol.65, pp.6-26, 2015. ,
Careers of doctorate holders: employment and mobility patterns, 2010. ,
Networks of inventors and the role of academia: an exploration of Italian patent data, Research Policy, vol.33, issue.1, pp.127-145, 2004. ,
The relational economy: geographies of knowing and learning, 2011. ,
The Lifecycle of Inventors, SSRN Electronic Journal, 2016. ,
MNEs as border-crossing multi-location enterprises: The role of discontinuities in geographic space, Journal of International Business Studies, vol.44, issue.5, pp.413-426, 2013. ,
Melting pot or salad bowl: some evidence from US investments abroad, Journal of Financial Markets, vol.11, issue.3, pp.228-258, 2008. ,
Geography of Domestic Mergers and Acquisitions (M&As): Evidence from Matched Firm-level Data, Regional Studies, vol.40, issue.8, pp.847-860, 2006. ,
Securities Data Company and Zephyr, data sources for M&A research, Journal of Corporate Finance, vol.33, pp.85-100, 2015. ,
Symmetric and asymmetric effects of proximities. The case of M&A deals in Italy, Journal of Economic Geography, vol.16, issue.2, pp.505-535, 2016. ,
Family and personal networks in international migration: recent developments and new agendas, The International Migration Review, vol.23, issue.3, pp.638-670, 1989. ,
Co-invention networks and inventive productivity in US cities, Journal of Urban Economics, vol.92, pp.66-75, 2016. ,
Mobility of skilled workers and co-invention networks: an anatomy of localized knowledge flows, Journal of Economic Geography, vol.9, issue.4, pp.439-468, 2009. ,
Foreign-origin inventors in the USA: testing for diaspora and brain gain effects, Journal of Economic Geography, vol.17, issue.5, pp.1009-1038, 2017. ,
Return migrants' self-selection: Evidence for Indian inventors"-paper presented at the NBER conference on "The Role of Immigrants and Foreign Students in Science, Innovation, and Entrepreneurship, National Bureau of Economic Research, 2018. ,
Inventor Data for Research on Migration & Innovation: The Ethnic-Inv Pilot Database, The International Mobility of Talent and Innovation: New Evidence and Policy Implications, 2017. ,
URL : https://hal.archives-ouvertes.fr/hal-02271763
Explaining the internationalization of ibusiness firms, Journal of International Business Studies, vol.47, issue.5, pp.513-534, 2016. ,
Host-home country linkages and host-home country specific advantages as determinants of foreign acquisitions by Indian firms, International Business Review, vol.21, issue.5, pp.878-890, 2012. ,
Blurred boundaries between firms, and new boundaries within (large multinational) firms: The impact of decentralized networks for innovation, Seoul Journal of Economics, vol.26, issue.1, pp.1-32, 2013. ,
Immigration Economics by George J. Borjas: A Review Essay, Journal of Economic Literature, vol.54, issue.4, pp.1333-1349, 2016. ,
Migration and Community Formation under Conditions of Globalization, International Migration Review, vol.36, issue.4, pp.1143-1168, 2002. ,
DOI : 10.4337/9781788112376.00008
Cross-border M&A of biotech firms affiliated with internationalized universities, The Journal of Technology Transfer, vol.40, issue.3, pp.409-433, 2015. ,
Network linkages and location choice in foreign direct investment, Journal of international business studies, vol.29, issue.3, pp.445-467, 1998. ,
DOI : 10.1057/palgrave.jibs.8490002
An analysis of determinants of entry mode and its impact on performance, International Business Review, vol.11, issue.2, pp.193-210, 2002. ,
Return migration and geography of innovation in MNEs: a natural experiment of knowledge production by local workers reporting to return migrants, Journal of Economic Geography, vol.16, issue.3, pp.585-610, 2016. ,
The trade-creating effects of business and social networks: evidence from France, Journal of International Economics, vol.66, issue.1, pp.1-29, 2005. ,
URL : https://hal.archives-ouvertes.fr/hal-00268768
Network relationships and the internationalisation process of small software firms, International Business Review, vol.6, issue.4, pp.361-386, 1997. ,
DOI : 10.1016/s0969-5931(97)00010-3
The Location of Foreign Direct Investment Activity: Country Characteristics and Experience Effects, Journal of International Business Studies, vol.11, issue.2, pp.9-22, 1980. ,
What affects international migration of European science and engineering graduates?, Economics of Innovation and New Technology, vol.19, issue.5, pp.407-421, 2010. ,
Nearly 100 Tech Companies Join Forces In Court To Oppose Donald Trump's Immigration Ban, 2017. ,
Reappraising the Eclectic Paradigm in an Age of Alliance Capitalism, Journal of International Business Studies, vol.26, issue.3, pp.461-491, 1995. ,
Location and the multinational enterprise: A neglected factor, Journal of International Business Studies, vol.29, issue.1, pp.45-66, 1998. ,
DOI : 10.1057/9781137472311_3
When to Ally and When to Acquire, Harvard Business Review, 2004. ,
Distance Matters: Liability of Foreigness, Institutional Distance and Ownerhsip Strategie, Theories of the Multinational Entreprise: Diversity, Complexity and Relevance, pp.187-221, 2004. ,
DOI : 10.1016/s0747-7929(04)16010-1
Social Ties and Foreign Market Entry, Journal of International Business Studies, vol.31, issue.3, pp.443-469, 2000. ,
DOI : 10.1057/palgrave.jibs.8490916
Social ties and international entrepreneurship: Opportunities and constraints affecting firm internationalization, Journal of International Business Studies, vol.42, issue.1, pp.99-127, 2011. ,
DOI : 10.1057/jibs.2010.20
Who Acquires Whom? The Role of Geographical Proximity and Industrial Relatedness in Dutch Domestic M&As between, Dutch Domestic M&As between, vol.106, pp.608-624, 2002. ,
Determinants of Cross-Border Mergers and Acquisitions, The Journal of Finance, vol.67, issue.3, pp.1045-1082, 2012. ,
Migrants, markets and multinationals: competition among world cities for the highly skilled, GeoJournal, vol.68, issue.2-3, pp.119-130, 2007. ,
DOI : 10.1007/s10708-007-9077-9
Ethnic Innovation and U.S. Multinational Firm Activity, Management Science, vol.59, issue.7, pp.1529-1544, 2013. ,
Foreign-Born Scientists: Mobility Patterns for 16 Countries, Nature Biotechnology, issue.30, pp.1250-53, 2012. ,
DOI : 10.1038/nbt.2449
Globalization of scientific and engineering talent: international mobility of students, workers, and ideas and the world economy, Economics of Innovation and New Technology, vol.19, issue.5, pp.393-406, 2010. ,
The Role of Technology in M&As: A Firm Level Comparison of Cross-Border and Domestic Deals, Economic Studies No. 06-069. Deutsche Bundesbank, vol.1, 2006. ,
Successful integration of R&D functions after acquisitions: An exploratory empirical study, R&D Management, vol.25, issue.2, pp.161-178, 1995. ,
Inventors and invention processes in Europe: Results from the PatVal-EU survey, Research Policy, vol.36, issue.8, pp.1107-1127, 2007. ,
DOI : 10.1016/j.respol.2007.07.008
Cities and Skills, Journal of Labor Economics, vol.19, issue.2, pp.316-342, 2001. ,
Momentum and serendipity: how acquired leaders create value in the integration of technology firms, Strategic Management Journal, vol.25, issue.89, pp.751-777, 2004. ,
Resource complementarity and value capture in firm acquisitions: The role of intellectual property rights, Strategic Management Journal, vol.35, issue.12, pp.1762-1780, 2014. ,
External Sources of Innovative Capabilities: The Preferences for Strategic Alliances or Mergers and Acquisitions, Journal of Management Studies, vol.39, issue.2, pp.167-188, 2002. ,
The Effect of Takeover Activity on Corporate Research and Development. NBER Chapters: 69-100, 1988. ,
Managing acquisitions: Creating value through corporate renewal, 1991. ,
The economics of international migration: A short history of the debate, Labour Economics, vol.30, pp.43-50, 2014. ,
Trade, FDI, and the Organization of Firms, Journal of economic literature, vol.44, issue.3, pp.589-630, 2006. ,
DOI : 10.2139/ssrn.901426
The impact of culture on the strategy of multinational enterprises: does national origin affect ownership decisions, Journal of International Business Studies, vol.29, issue.3, pp.515-538, 1998. ,
Finding a Home away from Home: Effects of Immigrants on Firms' Foreign Location Choice and Performance, Administrative Science Quarterly, vol.59, issue.1, pp.73-108, 2014. ,
Tracing mobile inventors-The causality between inventor mobility and inventor productivity, Research Policy, vol.36, issue.5, pp.619-636, 2007. ,
DOI : 10.1016/j.respol.2007.01.009
URL : http://epub.ub.uni-muenchen.de/1260/1/Hoisl_Tracing_Mobile_Inventors_2007_WissBeitrag_WP.pdf
Are Immigrants the Most Skilled US Computer and Engineering Workers?, Journal of Labor Economics, vol.33, issue.S1, pp.39-77, 2015. ,
DOI : 10.1086/678974
On the importance of technological relatedness: SMEs versus large acquisition targets, vol.30, pp.57-64, 2010. ,
Multinationals and economic geography: location, technology and innovation, 2013. ,
Migration and trade: Theory with an application to the Eastern-Western European integration, Journal of International Economics, vol.79, issue.1, pp.1-19, 2009. ,
Team-Specific Capital and Innovation, SSRN Electronic Journal, 2015. ,
Migrant networks and foreign direct investment, Journal of Development Economics, vol.94, issue.2, pp.231-241, 2011. ,
The Internationalization Process of the Firm-A Model of Knowledge Development and Increasing Foreign Market Commitments, Journal of International Business Studies, vol.8, issue.1, pp.23-32, 1977. ,
The Uppsala internationalization process model revisited: From liability of foreignness to liability of outsidership, Journal of International Business Studies, vol.40, issue.9, pp.1411-1431, 2009. ,
The burden of knowledge and the "death of the renaissance man": Is innovation getting harder? The Review of Economic Studies, vol.76, pp.283-317, 2009. ,
Mergers as Reallocation, Review of Economics and Statistics, vol.90, issue.4, pp.765-776, 2008. ,
Demographic patterns and trends in patenting: Gender, age, and education of inventors, Technological Forecasting and Social Change, vol.86, pp.110-124, 2014. ,
Location Choices of Chinese Multinationals in Europe: The Role of Overseas Communities, Economic Geography, vol.93, issue.2, pp.131-161, 2017. ,
Gender, ethnicity and entrepreneurship in initial public offerings: illustrations from an open database*, Research Policy, vol.44, issue.9, pp.1773-1784, 2015. ,
Global Talent Flows, Journal of Economic Perspectives, vol.30, issue.4, pp.83-106, 2016. ,
Global Collaborative Patents, The Economic Journal, vol.128, issue.612, pp.235-272, 2018. ,
Ethnic scientific communities and international technology diffusion, The Review of Economics and Statistics, vol.90, issue.3, pp.518-537, 2008. ,
The Effect of National Culture on the Choice of Entry Mode, Journal of International Business Studies, vol.19, issue.3, pp.411-432, 1988. ,
The geography of highly skilled international migration, International Journal of Population Geography, vol.3, issue.4, pp.285-303, 1997. ,
Migration and Cross-Border Financial Flows. The World Bank Economic Review, vol.32, pp.148-162, 2018. ,
URL : https://hal.archives-ouvertes.fr/halshs-01630659
International labor and capital flows: Complements or substitutes?, Economics Letters, vol.94, issue.2, pp.155-162, 2007. ,
Institutional quality dataset, Journal of Institutional Economics, vol.10, issue.1, pp.135-161, 2014. ,
Diaspora networks and the international migration of skills, pp.3-20, 2006. ,
Familiarity Breeds Investment: Diaspora Networks and International Investment, American Political Science Review, vol.104, issue.3, pp.584-600, 2010. ,
Patterns and determinants of skilled workers' mobility: evidence from a survey of Italian inventors, Economics of Innovation and New Technology, vol.18, issue.2, pp.161-179, 2009. ,
Small Worlds in Networks of Inventors and the Role of Academics: An Analysis of France, Industry and Innovation, vol.20, issue.3, pp.195-220, 2013. ,
URL : https://hal.archives-ouvertes.fr/hal-01273279
Returnee entrepreneurs, knowledge spillovers and innovation in high-tech firms in emerging economies, Journal of International Business Studies, vol.41, issue.7, pp.1183-1197, 2010. ,
Clusters, Connectivity and Catch-up: Bollywood and Bangalore in the Global Economy, Journal of Economic Geography, vol.13, issue.3, pp.501-534, 2013. ,
Intellectual returnees as drivers of indigenous innovation: Evidence from the Chinese photovoltaic industry, The World Economy, 2017. ,
Highly skilled globetrotters: mapping the international migration of human capital. R and D Management, vol.30, pp.23-32, 2000. ,
Spatial geography and control in foreign acquisitions, Journal of International Business Studies, vol.45, issue.2, pp.191-210, 2014. ,
Multinational Enterprises and Local Contexts: The Opportunities and Challenges of Multiple-Embeddedness, Journal of Management Studies, 2011. ,
Measuring the International Mobility of Inventors: A New Database, The International Mobility of Talent and Innovation: New Evidence and Policy Implications, 2017. ,
Research networks and inventors' mobility as drivers of innovation: evidence from Europe, Regional Studies, issue.47, pp.1668-1685, 2013. ,
URL : https://hal.archives-ouvertes.fr/hal-00749641
Disambiguation of patent inventors and assignees using high-resolution geolocation data, Scientific Data, vol.4, p.170064, 2017. ,
The importance of foreign-born talent for US innovation, Nature biotechnology, vol.28, issue.3, pp.289-291, 2010. ,
International labor mobility and knowledge flow externalities, Journal of International Business Studies, vol.39, issue.8, pp.1242-1260, 2008. ,
Microfoundations of Firm R&D Capabilities: A Study of Inventor Networks in a Merger, Journal of Management Studies, vol.49, issue.8, pp.1509-1535, 2012. ,
The Effects of Geographic Distance on the Foreign Acquisition Activity of U.S. Firms, Management International Review, vol.49, issue.4, pp.509-535, 2009. ,
Acquiring new technologies and capabilities: A grounded model of acquisition implementation, Organization science, vol.13, issue.4, pp.420-441, 2002. ,
Ethnic Chinese Networks In International Trade, The Review of Economics and Statistics, vol.84, issue.1, pp.116-130, 2002. ,
, Zephyr. Journal of Business & Finance Librarianship, vol.18, issue.3, pp.259-263, 2013.
Efficiency gains from mergers, 2000. ,
Trump war over immigration intensifies, 2017. ,
Technology sourcing through acquisitions: evidence from the US drug industry, Journal of International Business Studies, vol.36, issue.1, pp.89-103, 2005. ,
The internationalization process of Born Globals: a network view, International Business Review, vol.12, issue.6, pp.739-753, 2003. ,
Cultural Distance Revisited: Towards a More Rigorous Conceptualization and Measurement of Cultural Differences, Journal of International Business Studies, vol.32, issue.3, pp.519-535, 2001. ,
Migrants and multinational firms: The role of institutional affinity and connectedness in FDI, Journal of World Business, 2018. ,
The Social Context of Career Success and Course for 2,026 Scientists and Inventors, Personality and Social Psychology Bulletin, vol.18, issue.4, pp.452-463, 1992. ,
Collaborative Networks as Determinants of Knowledge Diffusion Patterns, Management Science, vol.51, issue.5, pp.756-770, 2005. ,
Geographic Constraints on Knowledge Spillovers: Political Borders vs. Spatial Proximity, Management Science, vol.59, issue.9, pp.2056-2078, 2013. ,
Ethnic diversity on top corporate boards: a resource dependency perspective, The International Journal of Human Resource Management, vol.18, issue.12, pp.2128-2146, 2007. ,
High-Skilled Migration and the Limits of Migration Policies, High-Skilled Migration: Drivers and Policies, 2018. ,
Technological distance: Theoretical foundations, statistical analysis and application to mergers and acquisitions, Norderstedt: Books on Demand, pp.91-139, 2015. ,
The impact of cross-border mergers and acquisitions on the acquirers' R&DFirm-level evidence, International Journal of Industrial Organization, vol.31, issue.4, pp.307-321, 2013. ,
The impact of FDI through mergers and acquisitions on innovation in target firms, International Journal of Industrial Organization, vol.29, issue.2, pp.155-167, 2011. ,
Harmonizing and combining large datasets-An application to firm-level patent and accounting data, National Bureau of Economic Research, 2010. ,
The effect of cultural distance on entry mode choice, international diversification, and MNE performance: a meta-analysis, Journal of International Business Studies, vol.36, issue.3, pp.270-283, 2005. ,
Used, blocking and sleeping patents: Empirical evidence from a large-scale inventor survey, Research Policy, vol.45, issue.7, pp.1374-1385, 2016. ,
Small-world networks and management science research: A review, European Management Review, vol.4, issue.2, pp.77-91, 2007. ,
Transnational networks and skilled labour migration. Working paper WPTC-02-02, 2002. ,
America's New Immigrant Entrepreneurs: Part I, SSRN Electronic Journal, 2007. ,
Win, lose or draw? The fate of patented inventions, Research Policy, vol.45, issue.7, pp.1362-1373, 2016. ,
which in turn it is based on the Bureau of Labor Statistics' (BLS) reference to R&D employment as a share of total employment as the key criterion. Our final list of high-tech sectors is very similar to that used by, viii The definition of 'high-tech' sectors is described in Hart and Acs, 1991. ,
, To do so, we first retrieved all UPSTO patents owned by our sample of acquirers, and all patents by the related inventors (irrespective of the assignees), as well as the priority dates of the patents and the inventors' addresses. Notice that Patentviews include only granted patents, so its data cannot be immediately compared to PCT data
, xi Conditional logistic analysis differs from logistic regression in that the data are grouped and the likelihood is calculated relative to each group, 2001.
, high-quality institutions" vs "low-quality institutions") is not included in the main model, contrary to other country-level characteristics, in order to avoid losing too many observations, as this index presents a number of missing values. However, adding target-country institutional quality as an additional regressor does not alter our results and conclusions, xii Note that the index of institutional quality