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overstate the extent of strategic agglomeration. As evidence, we find that public elementary schools cluster more than random …, not because of agglomeration economies, but due to demand density and limited location options. We argue that a better … measurement of strategic agglomeration is to compare across product markets with similar zoning and other location restrictions …
Persistent link: https://www.econbiz.de/10012765731
Clusters are systems of localised economic activity and innovation. This report reviews current evidence on clustersand develops policy recommendations for the UK. It argues that clusters include multiple firms from related sectorsthat are co-located within a web of complex linkages and a...
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Christian Berndt investigates how selected corporate actors in German small and medium-sized enterprises and in large companies respond to globalisation and the apparent crisis of the German model. By exploring the role of economic and non-economic factors in shaping business strategies he...
Persistent link: https://www.econbiz.de/10012054042
Nationale rechtliche Rahmenbedingungen beeinflussen die Möglichkeiten für wirtschaftliche Aktivitäten multinationaler Unternehmen (MNU) in einem Gastland und der Koordination zwischen den Unternehmensteilen in verschiedenen Ländern. Sie sind damit wichtige Bestimmungsfaktoren für...
Persistent link: https://www.econbiz.de/10005840375
An important literature has made a fundamental link between corporate governance and corporate strategy. According to agency theory, assigning managers stock options aligns their interests with the interests of the owners of the firm. This paper suggests that this may not apply in the context of...
Persistent link: https://www.econbiz.de/10014048140
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