This article aims to analyze the structure and the performance of multinational firms at the group level, and to estimate the impact of outward FDI on the domestic perimeter of manufacturing groups. This empirical work anticipates a major reshape of business statistics, which does not consider...

Including real options in firms ’ value raises numerous difficulties. Limitations concerning the relevance of option pricing models outside financial markets are the most salient, but carrying out a valuation implies other assumptions, especially on firms’ governance. In particular,...

This paper investigates to which extent exporters, importers and multinational firms have a greater propensity to start innovation activities. We merge two consecutive French Community Innovation Surveys (CIS), and apply the model of Crépon et al. (1998) to a sample of first-time innovators...

In the early 1980’s, Bernard Lassudrie-Duchêne was one of the first authors to analyse theorically and empirically the international production process decomposition (or fragmentation). This phenomenon, which explains a large part of the intermediate goods international trade, has become one...

Dès son arrivée aux affaires, l’administration Clinton a entrepris une politique d’amélioration de la compétitivité de l’économie américaine par la technologie : « Technology for Economic Growth ». Cette politique, qui doit beaucoup au vice président Al Gore, vise à réorienter...

The electronic marketplaces, as an interorganizational entity, is not limited to a transactional dimension. Indeed, those companies that survived the initial consolidation have increasingly expanded their functions and contribute to a new competition dynamic. This new competitiveness has set off...

Different types of markets exist throughout the world but how are they created? In this book, an interdisciplinary team of authors provide an evolutionary vision of how markets are designed and shaped. Drawing on a series of case studies, they show that markets are far from perfect and natural...