This paper explores the internationalization scope of new technology based firms (NTBFs) during their early years of operation. Internationalization is considered as a growth strategy in its own right whose successful implementation requires relevant resources and capabilities. We focus on the...

Based on two snapshots from the Australian economy,this study quantifies the impacts of final demand aggregates on output and employment in various sectors using the 1989 and 1997 conversions matrices. The sectoral output and employment are linked with final demand deliveries on such a way that...

In typical normal theory regression, the assumption ofhomogeneity of variances is often not appropriate.Instead of treating the variances as a nuisance andtransforming away the heterogeneity, the structure ofthe variances may be of interest and it is desirable tomodel the variances. Aitkin...

Edith Penrose’s theory of firm growth postulates that a firm’s current growth rate will be influenced by the adjustment costs of, and changes to a firm’s productive opportunity set arising from, previous growth. Although she explicitly considered the impact of previous organic growth on...