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The Geography of Equity Analysis
Geographic Location Stocks Investment Return Forecasting and Prediction Price Performance
2015/5/13
I provide evidence that geographically proximate analysts are more accurate than other analysts. Stock returns immediately surrounding forecast revisions suggest that local analysts impact prices more...
The Organizational and Geographic Drivers of Absorptive Capacity:An Empirical Analysis of Pharmaceutical R&D Laboratories
Geographic Location Industry Clusters Knowledge Acquisition Pharmaceutical Industry San Francisco San Diego Massachusetts
2015/4/29
Scholars and practitioners alike now recognize that a firm's capacity to assimilate and use know-how from external sources—what Cohen and Levinthal (1990) called "absorptive capacity"—plays a central ...