Fernández Vázquez, Esteban; López-López, Vicente; … - In: European research on management and business economics 28 (2022) 1, pp. 1-9
supported than the industry effect by empirical studies, mainly focused on manufacturing firms and long time periods … a broad sample of Spanish companies. We observe that in manufacturing the firm effect outweighs the industry effect … industry effect for services, suggesting that such effect may have been underestimated in the literature, as well as that of …