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Many product innovation studies have described key determinants that should lead to successful incremental product … innovation. Despite numerous studies suggesting how incremental product innovation should be successfully undertaken, many firms … still struggle with this type of innovation. In this paper, we use an institutional perspective to investigate why …
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I introduce the concept of hybrid intermediaries: financial conglomerates that control a multiplicity of entity types active in the "assembly line" process of modern financial intermediation, a system that has become known as shadow banking. The complex bank holding companies of today are the...
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Using a panel of five Asian economies - Indonesia, Korea, Malaysia, Singapore and Thailand - over the period 1995-2007 we analyze the links between firm survival and financial development. We find that traditionally used measures of financial development play an important role in influencing...
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