Research on companies' internationalization has mainly focused on firm-level and country-level factors in order to explain firms' cross-border activities. With the exception of a limited number of studies emphasizing rivalistic behavior in oligopolistic industries, industry factors have been...

quot;Old Europequot; - the developed nations of continental Europe - averages only about 15% foreign bank ownership, whereas quot;New Europequot; - the transition nations of Eastern Europe - averages about 70%. Similar findings hold elsewhere in the world - developed nations tend to have much...

The purpose of this paper is to examine an influence on the location choice of Japanese research laboratories in the US by clusters. In some details, in order to examine the presence of agglomeration economies, we show that whether Japanese research laboratories in the US are located in industry...

The aim of this study is to undertake an up-to-date assessment of market power in Central and Eastern European banking markets and explore how the global financial crisis has affected market power and what has been the impact of foreign ownership. Three main results emerge. First, while there is...

This paper examines whether and, if so, why source country heterogeneity exists in foreign direct investment (FDI). Using detailed data on all Swedish firms for the period from 1996 to 2009, we find statistical evidence that affiliate performance differs systematically across source countries....

Fast food development is not any more centered on homogenous world products. Fast food chains are more and more using regional food to attract new markets. After a period where the world system was the engine of fast food diffusion, ethnic and regional food is back. In countries where people are...

The aim of the paper is to provide empirical evidence on the relationship between industrial structure and M&A process. We focus on the determining factors fostering a firm to choose controlling acquisitions or non-controlling ones. We use the Acquisitions and Divestments Database (ADD), a...

Currently, the industry of mining machines and appliances in Poland, as a result of considerable economic improvement on the market of energetic resources, gains an incredible opportunity for further development. However, its use is de-pendent on the intensification of activity...

What factors influence a state-owned enterprise in a transition economy to choose between alternative technology acquisition strategies? This study uses two frameworks developed in the context of industrialized economies -transition costs economics and organizational capacities-to propose...