Showing 1 - 10 of 348
Globalization has been identified by many experts as a new way firms organize their activities. This Paper surveys recent work that examines the role of trade integration between similar and dissimilar countries for these changes in corporate organization. It is shown that international...
Persistent link: https://www.econbiz.de/10005662173
This paper studies the choice of organizational forms in a multi-task principal-agent model. We compare a functional organization in which the firm is organized into functional departments such as marketing and R&D to a product-based organization in which the firm is organized into product...
Persistent link: https://www.econbiz.de/10005789163
Based on arguments of the ‘reference-dependent’ theory of consumer choice we assume that a retailer’s discount of a manufacturer’s suggested retail price changes consumers’ demand. We can show that the producer benefits from suggesting a retail price. If consumers are additionally...
Persistent link: https://www.econbiz.de/10005792080
their bargaining power against upstream firms. This effect must be weighted against the usual incentive to divisionalize …
Persistent link: https://www.econbiz.de/10005792301
model, employee’s rents endogenously reflect the bargaining power vis-à-vis the firm that is due to the knowledge of the …
Persistent link: https://www.econbiz.de/10005792493
What is the role of firms and markets in mediating the division of labour? This Paper uses confidential microdata from the Census of Services to examine law firms' boundaries. We first examine how the specialization of lawyers and firms increases as lawyers' returns to specialization increase....
Persistent link: https://www.econbiz.de/10005123527
Most empirical studies that evaluate motives and gains in M&A conclude that acquirers at best do not lose from the deal while targets obtain positive gains. With a database containing merging firms’ characteristics and final bids, we propose a structural approach to infer acquirers’ gains...
Persistent link: https://www.econbiz.de/10005656211
Market definitions are an abstraction: they are useful only to the extent that they help us to organize the way we think about certain types of economic activity. This paper critically examines three different methods of identifying market boundaries, stressing the link between substantive...
Persistent link: https://www.econbiz.de/10005661765
Markets for technology can promote innovation by allowing for division of labor in research and development. Some firms …
Persistent link: https://www.econbiz.de/10008854505
from market power in product markets are utilised to undertake innovation. There is also some less clear-cut evidence that … that influence innovation by firms and their subsequent growth. Our data come from a survey of nearly 4,000 firms in 24 … and opportunities for innovation, virtually every firm that emerged from central planning was maladapted to the new …
Persistent link: https://www.econbiz.de/10005067370