Using detailed ownership and financial information available for a large sample of owner-managed private firms in three West European countries, this paper examines the relationship between manager's age and firm's performance. Tracking firms over time, we find that as a manager ages, the firm...

This paper examines the relationship between strategic decision-making at the subsidiary level and organization structure. In many organizations, the interaction between central headquarters and subsidiaries is mediated by the presence of intermediate organizational units. Building on the...

We revisit the "paradox of openness" in the literature which consists of two conflicting views on the link between patenting and open innovation — the spillover prevention and the organizational openness views. We use the data from the Survey of Innovation and Patent Use and the Community...