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Aufsatz untersucht, wie sich das Verhalten von Haushalten und Firmen in den USA und EU-15 infolge von Steuerveränderungen … anpasst. Mittels eines neoklassischen Wachstumsmodells zeigt sich, dass die USA und EU-15 auf der linken Seite der Lohn- und … Kapitalsteuer Laffer Kurve liegen. Die EU-15 befindet sich jedoch viel näher an der rutschigen Steigung als die USA. Eine dynamische …
Persistent link: https://www.econbiz.de/10009466995
Firms in transition economies experienced a large exogenous shock in their external business environment in the late 1980s when these economies moved from a socialist-oriented economic environment to a more market-oriented economic environment. This paper examines the following research question...
Persistent link: https://www.econbiz.de/10009476589
Recent research shows that preexisting network structure constrains the formation of new interorganizational alliances. Firms that are poorly embedded in a network structure are less likely than richly embedded firms to form alliances, because they lack informational and reputational benefits....
Persistent link: https://www.econbiz.de/10009476595
In order to establish a competitive advantage, firms must acquire or create resources at a price below their value in use. Absent pure luck, this requires managers to exercise foresight about a resource's future value and/or complementarities with pre-existing capabilities. This foresight grants...
Persistent link: https://www.econbiz.de/10009476929
This article contributes to the literature on board effectiveness by being perhaps the first to systematically examine how the nature of outside directors' prior experience, and resulting expertise, will influence the performance of a focal firm's strategic initiatives. Our theoretical model is...
Persistent link: https://www.econbiz.de/10009476954
This article examines how waiting to imitate a product affects the performance of the imitator compared to the innovator. Specifically, we address two research questions. Under what conditions does imitation erode the advantage of the innovator? What strategies of imitators help overcome the...
Persistent link: https://www.econbiz.de/10009476955
The resource-based view on firm diversification, subsequent to Penrose ( 1959 ), has focused primarily on the fungibility of resources across domains. We make a clear analytical distinction between scale free capabilities and those that are subject to opportunity costs and must be allocated to...
Persistent link: https://www.econbiz.de/10009477107
A year and a half ago, I found myself in the parking lot of Long John Silver’s with a bucket of chalk.My goal was to re-examine a personal experience through typography. With chalk and a camera,I recorded the event on the impartial pavement of the lot and photographed as a disinterestedworker...
Persistent link: https://www.econbiz.de/10009477253
This paper examines the allocation of inventive effort in complex product systems. I argue that complex product systems, e.g., personal computers (PCs), are distinguished by functional interaction among several components, each guided by a relatively autonomous bundle of technical and economic...
Persistent link: https://www.econbiz.de/10009477351
‘Job hopping’ by engineers and scientists is widely heralded as an important channel for knowledge spillovers within industries. Far less is known, however, about the actions firms take to reduce the outward flow of knowledge through markets for skilled labor. This study investigates the...
Persistent link: https://www.econbiz.de/10009477379