Globalization has been identified by many experts as a new way firms organize their activities and as the emergence of human capital as the new stakeholder of the firm. This paper surveys recent work which examines the role of trade integration for these changes in corporate organization. More...

From the 1990s, it intensified in the global economy the implementation of strategies for companies of fragmenting their production processes and allocate their productive activities in various countries and regions, forming with this global value chains to recreate the international division of...

The auto industry, since the 1960s, showed substantial growth in South Korea causing the country at the end of the 1980s was among the world's leading manufacturers of automobiles. In the early 1990s, associated with the opening up of the economy held by the Korean government, the auto industry...

The new strategies of internationalization of production lie in the fact many industries leave the condition of bounded entities nationally for the condition of fragmented business networks, in organizational terms, globally distributed, leading companies to engage in the production of a good or...

The aim pursued in this business history study is to assess whether LOEWE - an originally German-Jewish producer of consumer electronics - had the possibility as well as the capacity to build and preserve a learning base throughout the national-socialist period. Learning base is understood here...

Universities in developing countries have rarely been able to subscribe to academic journals in the past. The "Online Access to Research in the Environment" initiative (OARE) provides institutions in developing countries with free online access to more than 5,700 environmental science journals....

The outcome of non-binding reverse auctions critically depends on how information is distributed during the bidding process. We use data from a large European procurement platform to study the impact of different information structures, specifically the availability of quality information to the...

We extend Akerlof's (1970) "Market for Lemons" by assuming that some buyers are overconfident. Buyers in our model receive a noisy signal about the quality of the good that is at display for sale. Overconfident buyers do not update according to Bayes' rule but take the noisy signal at face...

It is often argued that certifiers have an incentive to offer inflated certificates, although they deny it. In this paper, we study a model in which a certifier is paid by sellers, and may offer them inflated certificates, but incurs costs if doing so. We find that the certifier may face a...