This paper modifies the well-known conjectural variation model of Clarke and Davis (1982) by taking into account partial cross ownership (PCO) links among firms. It is shown that, unlike in the no PCO case, the link between firms' price-cost margins and the degree of tacit collusion is nonlinear...

Innovation policies are considered the long-term strategy to overcome the present systemic crisis. But this crisis is questioning such policies, their presuppositions and institutional arrangements. This questioning includes the Triple Helix theory and its impact on research and innovation...

How are German capitalism and German business management to be understood from the perspective of Japan? Both Germany and Japan as defeated nations in World War II received significant American leadership and support after the war. Both countries developed their enterprises, industries, and...