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Managers as Knowledge Carriers - Explaining Firms' Internationalization Success with Manager Mobility
Meinen, Philipp - 2018
How does “what managers know” affect firm performance on international markets? This question is of considerable importance in the international economic literature. Answering it will be key for comprehending the way firms' varying performance on international markets is shaped by the human...
Persistent link: https://www.econbiz.de/10012912671
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Natural Resource Endowment : A Mixed Blessing?
Gylfason, Thorvaldur - 2011
This paper deals with the implications of natural resources for the conduct of economic policies and the role and design of institutions in resource‐rich countries. The paper briefly reviews the experience of a few resource‐rich countries, highlighting the successes of those that have done...
Persistent link: https://www.econbiz.de/10013129862
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Do Entrepreneurs Matter?
Becker, Sascha O. - 2013
In the large literature on firm performance, economists have given little attention to entrepreneurs. We use deaths of more than 500 entrepreneurs as a source of exogenous variation, and ask whether this variation can explain shifts in firm performance. Using longitudinal data, we find large and...
Persistent link: https://www.econbiz.de/10013087281
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Product versus Process : Innovation Strategies of Multi-Product Firms
Flach, Lisandra - 2015
We investigate the effect of better access to foreign markets on innovation strategies of multi-product firms in … between the returns to innovation. In differentiated industries, cannibalization is lower and firms invest more in product … innovation. In homogeneous industries, firms internalize intra-firm spillovers and invest more in process innovation. We test …
Persistent link: https://www.econbiz.de/10013020507
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Determinants of Survival of Newly Created SMEs in the Brazilian Manufacturing : An Econometric Study
Facanha, Luis Otavio - 2012
The paper investigates the survival of newly created small and medium enterprises in Brazilian manufacturing taking as reference the 1996-2005 period. The econometric analysis relies on time-varying version of the proportional hazard rate model that controls for unobserved heterogeneity. The...
Persistent link: https://www.econbiz.de/10013110414
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The Ifo Investment Database
Strobel, Thomas - 2013
In this paper we present the Ifo Investment Database, which provides annual investment data for 12 investment assets in 50 German industries from 1991 onward. The data is consistent with national accounts statistics provided by the German Federal Statistical Office and is based on investments in...
Persistent link: https://www.econbiz.de/10013084902
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Genetic Distance and International Migrant Selection
Krieger, Tim - 2015
This paper looks at the effect of the relatedness of two countries, measured by their genetic distance, on educational migrant selection. We analyze bilateral country-level education-specific migration stocks from 85 sending countries to the 15 main destination countries in 2000 and show that...
Persistent link: https://www.econbiz.de/10013018280
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Do Stringent Environmental Policies Deter FDI? M&A versus Greenfield
Bialek, Sylwia - 2015
This study examines how environmental stringency affects the location decision of foreign direct investments. We analyze a firm-level data set on German outbound FDI and innovate on previous studies by controlling for the mode of entry and applying the mixed-logit analysis. The results show that...
Persistent link: https://www.econbiz.de/10013024700
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Global Sourcing of Complex Production Processes
Schwarz, Christian - 2011
We develop a theory of a firm in an incomplete contracts environment which decides on its complexity, organization, and global scale. Specifically, the firm decides i) how thinly it wants to slice its production process by choosing the mass of symmetric intermediate inputs that are...
Persistent link: https://www.econbiz.de/10013120903
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There's No Place Like Home : The Profitability Gap between Headquarters and their Foreign Subsidiaries
Dischinger, Matthias; Riedel, Nadine - 2021
Using a large data set of European firms, this paper provides evidence that operations at multinational headquarters are significantly more profitable than operations at their foreign subsidiaries. The effect turns out to be robust and quantitatively large. Our findings suggest that the...
Persistent link: https://www.econbiz.de/10013316283