This paper analyzes the impact of foreign presence on growth and survival of domestic firms,while separating the two opposing effects of foreign presence: a negative "crowding out" and positive "technology spillovers". I focus on the question whether crowding out effect is dynamic, i.e. domestic...

How does foreign direct investment (FDI) affect industry dynamics? In this paper, we analyze the impact of FDI on domestic firm entry in 245 industries in the Czech Republic during 1994 to 2000. We find that larger foreign presence stimulates the entry of domestic firms within the same industry...

This paper analyzes the survival and growth of franchised chains using an unbalanced panel dataset that covers about 1000 of them each year from 1980 to 2001. We do this in part because franchised chains are an important segment of the retail sector, which has received relatively little...