How do firms in high-income countries adjust to emerging market competition? We estimate how a representative panel of Canadian firms adjusts innovation activities, business strategies, and exit in response to large increases in Chinese imports. Whether firms invest in process or product...

Objective: In the article, we aim to test the relationship between dynamic capabilities (DCs) and innovation output as moderated by environmental dynamism and establish if there are significant differences between family and non-family firms in this regard. Research Design & Methods: To test...