В статье исследуется роль и значение среднего и малого бизнеса в экономике предприятий. Показана динамика и особенности развития малых и средних предприятий в...

Over the past two decades, the relationship between China’s civilian and military industrial sectors has been undergoing a major realignment brought on by the transformation of the country’s economic and technological landscape. Whereas the defense sector had been the...

I present a study of ownership of firms under government rent seeking. Using its control of regulated inputs, a government agency extracts rents from a manager who undertakes an investment. Such a government rent seeking activity leads to a typical hold-up problem. Government ownership is shown...