Ocean tourism contributes significantly to the economy of the Philippines, an archipelagic nation with one of the longest coastlines in the world and one of the best marine environments in terms of biodiversity. This paper aims to explore how ocean tourism and economic development intertwine in...

The rapid transition to a decarbonized energy economy is widely believed to hinge on the rate of cost improvements for certain clean energy technologies, in particular renewable power and energy storage. This paper adopts the classical learning-by-doing framework of Wright (1936), which predicts...

In this paper, I study the short-run effect of social distancing due to the COVID-19 outbreak on movie demand and box-office revenue. Using longitudinal data on the Korean movie theater industry, I first estimate a nested logit model of movie demand, and then quantify the revenue loss in the...

Two defining elements of the “global network economy” are the evolution of global flagship networks (GFNs) and the increasing use of digital information systems (DIS) to manage these networks. Both transformations may gradually reduce constraints to cross-border knowledge diffusion, and...

Franchising in Cuba, as in other frontier markets, is fraught with challenges. Before beginning, prudent franchisors should engage experienced attorneys on both sides of the equation, at home and in Cuba. One can expect to encounter many of the same issues frequently found in any international...

SUBJECT AREAS: Growth, Entry, and Specialized FactorsCASE SETTING: 1994-1998 for Bagel Industry and 1998 for Cranberry IndustryAre competitive industries with faster growth rates in market demand more profitable than those with slower growth rates are? George Bailey thinks so. That is why he...

Portuguese Abstract: As cidades que se reinventam devem se atentar à inclusão social e tecnologias verdes, aliadas à gestão inteligente do território para o desenvolvimento urbano sustentável de novos territórios. Este artigo objetiva identificar os conceitos de Cidades Inteligentes e...

Digital platforms represent a new, potent disruptive force in incumbents’ businesses by transforming the way markets work and by altering the modalities by which incumbents’ offerings are delivered to and both accessed and consumed by customers. Digital platforms tend to disrupt in two basic...

The impact of low search costs in Internet markets has received a great deal of attention in the academic literature and in the press. While many have argued that the presence of low search costs will lead to strong price competition and vanishing margins, the empirical evidence is decidely...

Commentators have observed that the ease of monitoring competitors on the Internet may allow Internet retailers to engage in non-competitive pricing. Using data on the daily prices of 399 books at 26 online bookstores between August 1999 and January 2000, we investigate firm pricing behavior in...