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We study profitable firms with no tax expenses. We find that the proportion of profitable firms that owe zero taxes (zero-tax firms) has increased substantially over the past 70 years, accounting for almost 15% of listed U.S. firms in recent years. Zero-tax firms thus represent a major group of...
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This paper is about firms as an instance of economic coordination, and about how we think about them in relation to other forms of coordination as well as in relation to competition and markets. The dominant frame for thinking about firms--which has strongly influenced contemporary competition...
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(effectuation and causation) and different types of innovation approaches (radical and innovative). Research Design & Methods … digital MSP start-ups' resilience after they succeed in providing radical innovation. On the other hand, causation directly … contributes to their resilience. Meanwhile, incremental innovation does not contribute to digital MSP start-ups' resilience …
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