A central aspect of the industrial evolution in the advanced economies is the phenomenon called servitization. In general, the term servitization or product-service transition is used to highlight the change, where the tangible offering of a manufacturing firm is augmented with intangible...

We provide a novel, supply network-based perspective on inventory productivity and incentives for its improvement. Using data from 2003 to 2019, we find that inventory productivity reduces materially and statistically significantly for firms located upstream in the supply network, and increases...

The measurement of corporate performance is central to strategic management research. A common objective of this research is to identify top performers in an industry and their sources of competitive advantage. Despite this focus on best firms and practices, most researchers utilize statistical...

In this study, we conduct interview surveys on management practices in Japanese and Korean firms following the study of Bloom, and Van Reenen (2007). The average management scores in Japanese firms are higher than those in Korean firms, and human resource management is positively associated with...

Asia has become the economic powerhouse of the world. This article provides a detailed discussion of trends in output, labour and capital inputs, and labour, capital and total factor productivity (TFP) in Asian countries since 1980. The author finds that TFP growth has been quite rapid in most...

We analyze how agents' effort choice in multi-agent rank-order tournaments depend on the probability distribution of the random production shock and on the agents' risk-aversion. If the shock is non-uniform, equilibrium effort depends on the number of winners and losers in the tournament. It is...

We analyze the interplay between product market prices and firm boundary decisions. Enterprises are heterogeneous with respect to their productivities and each enterprise chooses between two ownership structures--centralized ownership (integration) performs well in coordinating managerial...

The issues related to proper assessments of the competitiveness of farming enterprises in general and of different type and locations has been among the most topical for academicians, agro-business managers, interest groups, administrators, politicians, international organizations, and the...