I empirically test the role of trust in strategic alliances by using survey data from 67 German small and medium-sized enterprises (SMEs). Empirical findings indicate that high trust levels are a good predictor of alliance success. This result is encouraging, as it suggests that well-performing...

Diese Arbeit trägt zu einem besseren Verständnis der Bedeutung von Kooperationen und Wissensaustausch für den Erfolg innovativer Unternehmen bei. Dabei gründet sie im Wesentlichen auf Josef Alois Schumpeters ‚Theorie der wirtschaftlichen Entwicklung‘ aus dem Jahre 1912. Neuere Theorien,...

On their intensive margins, firms in the British engineering industry adjusted to the severe falls in demand during the 1930s Depression by cutting hours of work. This provided an important means of reducing labour input and marginal labour costs, through movements from overtime to short-time...