By constructing a novel dataset based on the Nielsen Retail Scanner and the VentureXpert databases, we study how venture capitalists (VCs) create value in the product market for the entrepreneurial firms backed by them. We document that, compared to that of non-VC-backed firms, the sales of...

Purpose - The hypothesis of the paper is that domestic value added created by exports in Croatia could be increased by investments in green economy. Methodology - In the developed economies only specific products, processes and functions that outperform emerging economies in Global Value Chains...

In a highly integrated global economy, linkages of domestic sectors to global trade measure an economy's ability to gain from participating in global value chains. On the other hand, the strength of domestic linkages can provide insights on an economy's cross-industry trade and extent of the...

This paper examines why large PE funds earn lower returns. I argue that large PE-funds are suited to making large investments and small PE-funds are suited to nurturing start-ups. Thus, the sub-optimal investment in small companies is one driver of the size effect in private equity. A...

In this study, we examine the participation of small and medium-sized enterprises (SMEs) in global value chains (GVCs) and highlight the role of financial constraints in shaping their participation in GVCs. We use a rich unbalanced panel of 888 SMEs for Indian manufacturing over the period...

The construction industry has suffered from low growth in recent decades. Motivated by the economic impor-tance of the industry, we revisit the construction produc-tivity puzzle by analyzing the construction value chains of 12 European countries with data from the World In-put-Output and EU...

The primary purpose of this article is to evaluate the operational effectiveness of the company from the angle of the generated value added in relation to its tangible resources (physical capital) and intangible resources (human capital) compared with the financial success of its European...

Using data on Indian manufacturing firms for 1999-2019, the paper examines whether participation in global value chains (GVCs) by manufacturing firms in India raises their productivity. GVC participation by industrial firms involves exporting products along with importing intermediate inputs,...