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We examine the rise of cloud computing and AI in China and their impacts on industry dynamics after the shock to the cost of Internet-based computing power and services. We find that cloud computing is associated with an increase in firm entry, exit and the likelihood of M&A in industries that...
Persistent link: https://www.econbiz.de/10015056134
The article draws on the concepts of cultural and political embeddedness to analyse the local embeddedness of a global transnational engineering firm in transforming economies. It compares the process of the negotiations for and the acquisitions of assets undertaken by ABB in Wroclaw, Poland and...
Persistent link: https://www.econbiz.de/10014047009
, and are profitable, notwithstanding a visible downtrend in this profitability over the recent years. They have in general …
Persistent link: https://www.econbiz.de/10013098685
In this paper, we proposed a model of how corporate acquisition influences industrial performance by exploring industry-level and firm-level ownership characteristics in emerging markets. Based on a database of 1,934 acquisitions of listed firms in China, we examined the relationship between...
Persistent link: https://www.econbiz.de/10013258684
Global value chains have fundamentally transformed international trade and development in recent decades. We use matched firm-level customs and manufacturing survey data, together with Input-Output tables for China, to examine how Chinese firms position themselves in global production lines and...
Persistent link: https://www.econbiz.de/10012314823
Global value chains have fundamentally transformed international trade and development in recent decades. We use matched firm-level customs and manufacturing survey data, together with Input-Output tables for China, to examine how Chinese firms position themselves in global production lines and...
Persistent link: https://www.econbiz.de/10012824890
Global value chains have fundamentally transformed international trade and development in recent decades. We use matched firm-level customs and manufacturing survey data, together with Input-Output tables for China, to examine how Chinese firms position themselves in global production lines and...
Persistent link: https://www.econbiz.de/10012501399
Global value chains have fundamentally transformed international trade and development in recent decades. We use matched firm-level customs and manufacturing survey data, together with Input-Output tables for China, to examine how Chinese firms position themselves in global production lines and...
Persistent link: https://www.econbiz.de/10012270354
, profitability, investment and growth, based on China's manufacturing firm-level dataset over the period 1998 - 2007. First, we find …, and account for 15% - 20% of the variance in firms' growth rates. The direct relation between profitability and firm …, the profitability-growth relationship is mediated via investment. Firm's contemporaneous and lagged profitabilities …
Persistent link: https://www.econbiz.de/10010500809
, profitability, investment and growth, based on China's manufacturing firm-level dataset over the period 1998-2007. First, we find …, and account for 15%-20% of the variance in firms' growth rates. The direct relation between profitability and firm growth …, the profitability-growth relationship is mediated via investment. Firm's contemporaneous and lagged profitabilities …
Persistent link: https://www.econbiz.de/10013022882