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reorientation of innovation programs are implemented in order to reduce their costs and increase effectiveness. The globalization of …
Persistent link: https://www.econbiz.de/10010615593
This paper develops a model of a monopolistically competitive industry with extensive and intensive business investment and shows how these margins respond to changes in average and marginal corporate tax rates. Intensive investment refers to the size of a firm’s capital stock. Extensive...
Persistent link: https://www.econbiz.de/10005487424
We develop a property-rights model of the firm in which production entails a continuum of uniquely sequenced stages. In each stage, a final-good producer contracts with a distinct supplier for the procurement of a customized stage-specific component. Our model yields a sharp characterization for...
Persistent link: https://www.econbiz.de/10011133513
We examine the relationship between the organization of a multi-divisional firm and its ability to adapt production decisions to changes in the environment. We show that even if lower-level managers have superior information about local conditions, and incentive conflicts are negligible, a...
Persistent link: https://www.econbiz.de/10011267825
data reveal a startling variation in productivity levels of foreign affiliates across the countries in Eastern Europe of … advantage to the new EU Member States and Emerging Europe. One candidate for this startling difference in productivity levels …. We also analyse the conditions under which European multinationals transplant their business model to Eastern Europe. We …
Persistent link: https://www.econbiz.de/10011083909
Cross-border activities of firms are said to be risky and complicated due to so-called 'liabilities of foreignness' (LOF) (Zaheer & Mosakowski 1997; Zaheer 1995). These LOF are difficulties firms in general have to face when acting in environments they are not familiar with. The existence of LOF...
Persistent link: https://www.econbiz.de/10010735755
, particularly in Europe and North America. Furthermore the BRIC countries Brazil, Russia, India and China do not constitute a …
Persistent link: https://www.econbiz.de/10010857162
This paper develops a model of a monopolistically competitive industry with extensive and intensive business investment and shows how these margins respond to changes in average and marginal corporate tax rates. Intensive investment refers to the size of a firm’s capital stock. Extensive...
Persistent link: https://www.econbiz.de/10005094313
Pervasive outsourcing is transforming business models and productive relations in advanced manufacturing areas. In particular, the international dimension of outsourcing, off-shoring, has been attracting great attention, as it leads to the emergence of global value chains and internationally...
Persistent link: https://www.econbiz.de/10005087149
This paper asks whether there is evidence of higher innovation output from firms where there is more foreign activity in terms of foreign direct investments (FDI), trade and collaboration on innovation, or if proximity between innovators is more important. With a sample of about two-thirds of...
Persistent link: https://www.econbiz.de/10005644941