We explore the nature of Business Groups, that is network-like forms of hierarchical organization between legally autonomous firms spanning both within and across national borders. Exploiting a unique dataset of 270,474 headquarters controlling more than 1,500,000 (domestic and foreign)...

The main aim of the paper is to highlight the relation between flexibility and vertical integration. To this purpose, we go through the selection of the optimal degree of vertical disintegration of a flexible firm which operates in a dynamic uncertain environment. The enterprise we model enjoys...

This paper summarises research into localised urban systems which accounts for variations in styles of diversity within multi-cultural cities. New work builds on previous studies in London and Turin. The first produced an ideal type model of open:closed urban systems and evidence that the former...