If the relation between investment and economic growth is well established in the macroeconomic literature, the existence of a similar link at the level of the firm has been challenged by empirical work. This paper investigates the channels linking investment and firm performance in the French...

This paper investigates the characteristics of Canadian manufacturing plants that are related to the use of advanced technologies. The data used are taken from the 1989 Survey of Manufacturing Technology and are linked to administrative data taken from the Census of Manufacturers. Technology use...

This paper investigates the determinants of vertical integration. We first derive a number of predictions regarding the relationship between technology intensity and vertical integration from a simple incomplete contracts model. Then, we investigate these predictions using plant-level data for...

This paper investigates whether the type of technological regime moderates the effects of entry timing, entry size (i.e., initial resources), and active (post-entry) learning on firm survival. By analyzing a unique dataset of newly founded Korean manufacturing firms, we find that the effects of...

This paper investigates the determinants of vertical integration using data from the UK manufacturing sector. We find that the relationship between a downstream (producer) industry and an upstream (supplier) industry us more likely to be vertically integrated when the producing industry is more...

Unlike previous analysis, we consider (i) possible externalities in the use of IT and (ii) IT and human capital interactions. Examining, hypothetically, the statistical consequences of erroneously disregarding (i) and (ii) we shed light on the small or negative growth effects found in early...

We present a dynamic model where the probability of outsourcing production is increasing in the firm’s expectation of technological change. As the pace of innovations in production technologies increases, the less time the firm has to amortize the sunk costs associated with purchasing and...

This paper is an important and necessary extension of the recent study by Lim and Sanidas (2011) where it was rigorously shown that both types of technology positively affect firms and industries in South Korea. How is this technological impact differentiated between SMEs and larger firms? The...

This paper explores how firms' skills and organizational change affect the returns from investments in ICT. Our work contributes to the literature by testing the hypothesis of complementarity in a panel of 540 Italian manufacturing firms during 1995-2000. By drawing on different statistical...