We analyze the impact of (alliance) network exposure on the speed and extent of adoption of the business model as being … exposure rather than social learning, the impact of regulatory effort on patterns of adoption and the role of country clusters …

significant exchange-rate exposure benefit from a depreciation of the Dutch guilder relative to a trade-weighted currency index …. This result confirms that firms in open economies, such as the Netherlands, exhibit significant exchange-rate exposure. We … complements. We also measure the determinants of exchange-rate exposure. As expected, we find that firm size and the foreign sales …