We study the effect of social connections between divisional managers and CEO on the scale and success of innovation activities in U.S. diversified conglomerates. Divisional managers who previously worked or studied with CEO file a greater number of patents during their tenure at the segment....

Economic diversification has gained significant attention as a crucial factor for sustainable development worldwide. This paper addresses the risks associated with extreme specialisation and explores the potential benefits of economic diversification for Mongolia. By comparing Mongolia with its...