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Periods of profound innovation and technological change invariably result in short run winners and losers. The rise of …
Persistent link: https://www.econbiz.de/10014062428
Clustering of IPO underwriting spreads at 7% poses two important puzzles: Is the market for U.S. equity underwriting services anti-competitive and why do equity underwriters invest in reputation-building? This study resolves both puzzles. Modeling endogeneity of firm-underwriter choice using a...
Persistent link: https://www.econbiz.de/10011334160
Clustering of IPO underwriting spreads at 7% poses two important puzzles: Is the market for U.S. equity underwriting services anti-competitive and why do equity underwriters invest in reputation-building? This study resolves both puzzles. Modeling endogeneity of firm-underwriter choice using a...
Persistent link: https://www.econbiz.de/10012937858
A review of the types of Innovation System identified in the literature points to different models. Besides the very … well-known National, Regional, Local, sectorial, and technological innovation systems, combinations of the previous can be … identified, proposing sub-models such as National Open Innovation Systems, Regional Open Innovation System, as well as Regional …
Persistent link: https://www.econbiz.de/10011499311
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We investigate the effect of banning resale-below-cost offers. There are two retailers with heterogeneous bargaining positions in relation to a monopolistic manufacturer. Each retailer sells two goods: one procured from the monopolistic manufacturer and the other, from a competitive fringe. In...
Persistent link: https://www.econbiz.de/10009750420
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Persistent link: https://www.econbiz.de/10011685306
In this study, we have analyzed the impact and evolution of some of the most important macroeconomic indices on the market share and value of private brands. The originality and objective of this work is the linkage of macroeconomic variables in European countries and the USA with the evolution...
Persistent link: https://www.econbiz.de/10012422466