Traditionally, literature on open innovation has concentrated on analysis of larger firms. We explore whether and how the benefits of openness in innovation are different for small firms (less than 50 employees) compared to medium and large ones. Using panel data over a long time period...

Investments in design play a potentially significant role in new product development (NPD) although there is little unanimity on the most appropriate or effective design strategy. Previous case-study based studies have identified three alternative design strategies for NPD: design used as a...

In this paper a simple model of foreign direct investment is developed and tested on investment flows from the USA to Mexico between 1967 and 1994 using cointegration analysis. Domestic demand and relative factor costs are found to influence direct investment flows, suggesting support for both...

This paper surveys the theoretical and empirical literature on the relationship between advertising, fees and quality in the self-regulating professions. Much of the literature is derived from the perspective of advertising as an information-enhancing device, helping to reduce the information...

This article develops a model which tests the hypothesis that sectoral FDI flows from the United States to Mexico over a four-year period can be explained by the ownership advantages of US multinationals. Theoretical developments in the concept of 'ownership advantage' are used to guide the...

This paper contributes to the developing literature on complementarities in organizational design. We test for the existence of complementarities in the use of external networking between stages of the innovation process in a sample of UK and German manufacturing plants. Our evidence suggests...

The paper investigates whether coffee producers can benefit by taking coffee production|marketing decisions on the basis of coffee futures forecasts. The methodology employed is to match futures and spot prices for the coffee futures contract traded at the international commodity exchanges....