A paradox in innovation management is that firms deploying what is generally recognised 'good practice' can find themselves under threat through disruption caused by some form of discontinuity in their operating environment. Routines suited to dealing with 'steady state' innovation differ from...

Every now and then a disruptive event happens, such as the invention of the internet,that changes markets, industries, even societies. Successful well-managed companiesthrive in mature markets by focusing on doing what they do, just a little bit better.Consequently, when a disruptive event, such...

This paper uses a unique data set of panel firms from the World Bank's Enterprise Surveys in 47 economies, to provide estimates of the patterns of firm exit, and analyzes various firm characteristics and conditions under which firms leave the market. Firms' labor productivity and age are...

This paper presents new evidence that cronyism reduces long-term economic growth by discouraging firms' innovation activities. The analysis is based on novel establishment survey data from The Arab Republic of Egypt which provides information on establishments' political connections, their...

This paper details the results from the first comprehensive survey of private firms across major urban areas in the Syrian Arab Republic -- including Aleppo, Homs, Hama, Latakia, and Damascus -- since the conflict began in 2011. This builds on the World Bank's Enterprise Survey from 2009 and...

Payroll taxes in Sweden were reduced substantially for people ages 26 years or younger on July 1, 2007. The objective of this tax cut was to lower youth unemployment. The question of how gains from payroll taxes are distributed between workers and owners of firms has been the focus of...

To what extent do firms use trust, law, and third-parties to ensure fulfillment of agreements to transact? How do they combine these mechanisms to form transactional governance structures? How do answers to these questions vary across countries? Generating the relevant data requires constructing...