We derive exact conditions relating the distributions of firm productivity, sales, output, and markups to the form of demand in monopolistic competition. Applications include a new “CREMR” demand function (Constant Revenue Elasticity of Marginal Revenue): it is necessary and sufficient for...

The theories of internalization and internationalization provide general factors of international market entry but are not precise about its timing. A model of waiting and growth options seizes the importance of flexibility to FDI decisions and centers the impact of uncertainty. The results of a...

Beyond functional-structuralist approaches this paper sheds some light on micro political aspects of mandate development and learning processes in multinational corporations (MNC). As classical micro-political studies have shown, management behaviour and learning are not only constrained or...

Trotz der nach dem Ende des Kalten Krieges erwarteten Friedensdividende erreichte die Zahl der Kriege und bewaffneten Konflikte Anfang der 1990er-Jahre eine Rekordzahl, wobei über 90 Prozent der Kriege und Konflikte in der so genannten Dritten Welt ausgetragen wurden. Durch diese Entwicklung,...