Analyzing a panel data set tracking format changes and ownership consolidation in local radio markets, we find that format changes frequently have enabled stations to improve their performance. The success of reformatting varies widely across format, and the likelihood that changing to another...

New industries emerge thanks to the joint entrepreneurial actions of social actors in developing both a new knowledge base and institutional legitimacy. Creative industries have to deal with the supplementary tension between the domains of art and business, which carry different expectations,...

This paper analyses the properties and the dynamics of the ICT sector as an ecosystem here firms interact, innovate, and compete through bundling and external growth strategies. By exploring the strategies of firms and their relative performances, we show that the allocation of revenue between...

In this article, I empirically examine whether the performance of a chain-affiliated establishment is affected by its organizational form. Using cross-sectional data on the movie theater industry, I find evidence that performance is higher in a company-owned theater than in a franchised one,...

Interpersonal ties facilitate access to resources and ideas. What should be their intensity? And how do the human and social capital of entrepreneurs affect the performance of their projects? We investigated this in the Italian cinema industry in the 1990s, focussing on the director's role....

Die Frage, was eine erfolgreiche Genossenschaft kennzeichnet, ist eine ebensoalte wie aktuelle Thematik. Denn Genossenschaften agieren in einer sich wandelnden Welt und daher liegt die Vermutung nahe, dass sich die Art ihres Erfolges ebenso wie dessen Ursachen im Laufe der Zeit geändert haben...

Management scholars have sought to answer the question: is there a financial payoff for ad-dressing ecological and social issues? We move beyond this question and include a time com-ponent for corporate financial performance (CFP) and a firm’s innovativeness in order to ask: when does it pay?...

This paper provides new empirical evidence for the effect of corporate social responsibility (CSR) on corporate financial performance. In contrast to former studies, we examine two different regions, namely the USA and Europe. Our econometric analysis shows that environmental and social...

Der Unternehmensmonitor Familienfreundlichkeit 2013 zeigt, dass die Vereinbarkeit von Familie und Beruf in der Wirtschaft weiterhin eine hohe Aufmerksamkeit genießt. Dies gilt fast ausnahmslos vor allem für die knapp 30 Prozent der Betriebe, in denen die Geschäftsleitung eine ausgeprägt...