firms. While most studies assess only the short-term impact of such programs, we consider also the longer-term impact … diversification; to greater exposure of beneficiary firms to crisis-affected economies leading to stunted export growth; or to … spillover benefits for non-beneficiary firms resulting in their catching-up in export sales. We find some evidence that the …

Europe. We find that (i) larger firms are less efficient than smaller firms, (ii) greater leverage contributes to corporate … opposite is true when minority shareholders hold a substantial fraction of the firm’s equity. In the analysis, we distinguish …

1604 firms in the five largest Norwegian city-regions to test, by means of a logit regression analysis, Jensen et al … effect on a firm’s propensity to innovate. Collaboration with extra-regional agents is much more conducive to innovation than …

and financial firms during the early 2000s; b) there was no visible increase for commercial banks and non-financial firms …

. We present insights from two classes of experiments: within and across firms, and draw common lessons from both sets …. Field experiments within firms generally aim to shed light on the nature of agency problems. Along these lines, we discuss …-monetary incentives. Field experiments across firms generally aim to uncover firms' binding constraints by exogenously varying the …

We examine the sales of French manufacturing firms in 113 destinations, including France itself. Several regularities … stand out: (1) the number of French firms selling to a market, relative to French market share, increases systematically … method of simulated moments. The results imply that nearly half the variation across firms that we see in market entry can be …

The geographical sources of innovation of firms have been hotly debated. While the traditional view is that physical … proximity within city-regions is key for the innovative capacity of firms, the literature on ‘global pipelines’ has been … survey of the level of innovation of 1604 firms of more than 10 employees located in the five largest Norwegian city …

(1991) effect on productive efficiency and profitability of industrial firms. The effect was positive for small to slightly … rejected. The 1991 estimates thus strongly suggest that the large firms created under the centrally-planned system suffered … from inefficiencies that were alleviated by the break-ups of these firms into smaller units. …

, we compare the extent of misallocation among firms within countries. We document high variation in firms' marginal …) closer to developed country benchmarks. Small firms and non-exporters have less access to finance and have higher returns to … capital in general. Self reported measures of obstacles to firms' operations suggest access to finance is the most important …