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steps taken by the government to rescue them. The paper also summarizes the performance of the U.S. auto industry since the …
Persistent link: https://www.econbiz.de/10013026801
This paper examines the impact of vertical integration on the dynamics of performance over the automobile product … vertical integration and different performance margins. Outsourcing facilitates access to cutting-edge technology and the use … of high-powered performance contracts. Vertical integration allows firms to adapt to unforeseen contingencies and …
Persistent link: https://www.econbiz.de/10012750358
Using a randomized experiment with an automobile manufacturing firm in China, we measure the effects of letting workers evaluate their managers on worker and firm outcomes. In the treatment teams, workers evaluate their supervisors monthly. We find that providing feedback leads to significant...
Persistent link: https://www.econbiz.de/10013300787
Much recent work in strategy and popular discussion suggests that an excessive focus on "managing the numbers" --delivering quarterly earnings at the expense of longer term investments--makes it difficult for firms to make the investments necessary to build competitive advantage. "Short termism"...
Persistent link: https://www.econbiz.de/10013138087
A central challenge in the measurement of entrepreneurship is accounting for the wide variation in entrepreneurial quality across firms. This paper develops a new approach for estimating entrepreneurial quality by linking the probability of a growth outcome (e.g., achieving an IPO or a...
Persistent link: https://www.econbiz.de/10013028060
More advanced technologies demand higher degrees of specialization - and longer chains of production connecting raw inputs to final outputs. Longer production chains are subject to a "weakest link" effect: they are more fragile and more prone to failure. Optimal chain length is determined by the...
Persistent link: https://www.econbiz.de/10013135410
firms position themselves in global production lines and how this evolves with productivity and performance over the firm …
Persistent link: https://www.econbiz.de/10013289106
innovation distinguishing between "dirty" (internal combustion engine) and "clean" (e.g. electric and hybrid) patents across 80 … tax-inclusive fuel prices. Furthermore, there is path dependence in the type of innovation both from aggregate spillovers … and from the firm's own innovation history. Using our model we simulate the increases in carbon taxes needed to allow …
Persistent link: https://www.econbiz.de/10013064941
We study the innovation and diffusion of technology at the industry level. We derive the full dynamic paths of an …
Persistent link: https://www.econbiz.de/10014091108
We study the relationship between market structure and innovation in the global automobile industry from 1982 to 2004 … using the dynamic industry framework of Ericson and Pakes (1995). Firms optimally choose a continuous level of innovation in … parameter -- the cost of innovation. In terms of the relationship between market structure and innovation, we find that: (1) At …
Persistent link: https://www.econbiz.de/10013143775