Klappentext: Changes in both technology and global political economy have vastly accelerated the pace of globalization in the last 40 years, eroding barriers that limited firms' geographic scope, and unleashing a seemingly unlimited set of new threats, challenges, and opportunities to create...

Small and medium sized firms play an important role in the process of creative destruction. The focus of the paper is on the international diffusion of small and medium sized firms innovations. Small and medium sized firms face two challenges in globalization: property rights protection and...

The world economy at the end of the twentieth century is characterized by increasing cross-border awareness and interdependence among nations. Both international trade and investment have had manifold increases. Total world trade increased from 629 billion (in 1995 dollars) in 1960 by eight...