In addition to firm and industry characteristics, the heterogeneity of foreign direct investment (FDI) has to be taken into account when analyzing the determinants of outward FDI. We combine two firm-specific datasets on German firms with subsidiaries and joint ventures in the Czech Republic,...

The literature on trust, control and knowledge creation in seems to be moving towards a consensus. Trust is necessary to create an open atmosphere for knowledge creation while control acts as a safeguard against malfeasance. Networks that neglect either one often create less knowledge, such as...

"What makes a great leader?" This question has been on the minds of scientists, philosophers, professionals, and others around the globe for centuries. Many theories and models have been proposed to answer the question, but none has fully captured leadership as a dynamic and constantly evolving...

Organizational culture, as an area of management is a complex system of mutual values that creates an organization’s identity and makes it different from the competition. The aim of this paper is to create an adequate approach for improving competitive advantages and better performance of...

This paper analyzes the governance and performance of firms which, according to simplistic agency theory, should not be viable. These firms are fully or partially owned by a foundation which itself is not owned by natural or legal persons. Therefore, residual claimholders have restricted or no...

High levels of net migration to the UK have contributed to growing cultural diversity, and researchers are turning their attention to the long-term effects of diversity on productivity. Yet little is known about these issues. This paper asks: what are the links between the composition of firms'...

Managers like to think well of themselves, and of the firms that employ them. However, positive illusions can bias a manager's evaluation of market outcomes, self-servingly crediting success on the superior quality of one's own product but blaming failure on the aggressive price of a...

This paper investigated the driving force of diffusion in smart phone market by analysing usage of them and making their component model. Main findings are following four: 1) In Korea and Japan their average smart phones' traffic per user has been the world's highest level. But its diffusion...

We compare the strategic potential of Corporate Social Responsibility (CSR) and Customer Orientation (CO) as commitments to larger quantities in Cournot competition, modeled as a multi-stage game. First, in addition to profits, firms can choose to care for the surplus of either all consumers...

Industrial competence is increasingly dispersed across the globe, urging technology-based firms in Europe to establish international knowledge relationships at larger distances. This paper examines changing patterns of international knowledge relationships and the influence of capability factors...