Network memory, cultural distance and the ebb and flow of international resources – Evidence from 20 years of professional player transfers to big-five European soccer leagues

Human capital flow embeds firms into knowledge sharing–protection tension. In this study we explore whether firms balance this tension by regulating the volume of human capital inflow. Accordingly, we examine the presence of ebb and flow cycle in human capital inflow. Ebb is expressed in terms of net negative change in volume of human capital inflow of a firm, at any given period, with respect to prior period. Flow is expressed in terms of net...