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This thesis explores different aspects of the effect the organization and the level of vertical integration of an organization have on the investment decisions the firm takes and subsequently the effect of such decisions on the performance of the firm. This thesis uses the biopharmaceutical...
Persistent link: https://www.econbiz.de/10009432112
This thesis consists of three chapters that broadly investigates, theoretically and empirically, the effect of firm boundaries and organizational processes on internal resource allocation and corporate investment. In the first chapter, I develop an equilibrium model of internal competition for...
Persistent link: https://www.econbiz.de/10009433090
(cont.) that threaten to disappear cause decision makers to invest more effort and money in order to keep these options open, even when the options themselves seem to be of little interest. The last experiment provides initial evidence that the mechanism underlying the tendency to keep doors...
Persistent link: https://www.econbiz.de/10009433176
The long-run effect of banner advertisements is among the most complex topic in the internet world. Media spending on online marketing has grown from $3 billion in 1999 to $9 billion in 2004. Forecasts (Jupiter Research 2005) expect this growth to double in the next five years. The proportion of...
Persistent link: https://www.econbiz.de/10009433250