'Being international' has nearly become an undisputed aim for firms in a globalized world. Often, however, we do not know much about the actual performance consequences of firms' foreign market entries as well as exits. We apply a propensity score matching technique in combination with a...

The welfare effects of private equity transactions are debated controversially. We analyze the impact of expansion financing and buyouts by private equity investors on investment of portfolio firms in the UK and France - two countries with different financial systems. Unobserved heterogeneity...

"Being international" has nearly become an undisputed aim for firms in a globalized world. Several papers find a positive relationship between foreign direct investment (FDI) and the home performance of firms. In this paper we address the "FDI - export" relationship to better understand this...

Auch im Ruhrgebiet sind Anzeichen einer regionalen Häufung von Biotechnologie-Gründern zu beobachten. In qualitativer Hinsicht ist das Ruhrgebiet wenig attraktiv für Gründer aus anderen Regionen und solchen mit hohem Innovationspotenzial. Das Ruhrgebiet hat bisher keine einzige...