The underlying model analyzes the first time foreign market entry decision of a representative investor who can choose between export and FDI. The model combines the proximity-concentration trade-off framework with the real option methodology and sheds light on the effects of productivity...

The importance of data and different sources of knowledge in the development of new services and products, and further in the creation of new markets, has dramatically increased during the past few decades. This empirical study uses data from 531 Finnish firms to explore the determinants of...

This paper is an empirical test of the hypothesis that the appropriateness of different business strategies is conditional on the firm's distance to the industry frontier. We use data on four 2-digit high-tech manufacturing industries in the US over the period 1972-1999, and apply...

Welche Rolle spielen Innovationen für den Bestand und den Erfolg von Unternehmen in einerWettbewerbswirtschaft? Das ist wohl die grundlegendste Frage, die sich die Managementwissenschaftin Bezug auf Strategien der Neuerung stellt. Vielfach begnügt sie sich mitder Antwort, daß die Bedeutung...