We develop the hypotheses that the size of training firms affects long-run cumulated unemployment exposure, and that the access to large training firms depends on young workers ability and their luck to live in a region with many large and medium-sized training firms. We test these hypotheses...

In this paper we develop a model to analyze the effects of (country-pair-specific) costs of creating, transferring and accessing intangible assets for multi-unit firms. These costs might vary with the cultural distance between countries, such as the difference in language, work ethics or other...

Empirical research on agglomeration and regional economic growth puts high emphasis on the impact of specialization, diversity, and competition on regional employment dynamics (Glaeser et al. 1992, Henderson et al. 1995, Blien et al. 2006, Fuchs 2009). However, Beugelsdijk (2006) and Raspe/van...

We examine product and market entry choices of New Zealand exporters, using an enterprise level dataset which links firm performance measures with detailed data on merchandise trade. We focus our enquiry not on the broad question of what determines a firm's ability to export, but on the...

The current literature on firm ownership around the world shows that concentrated ownership with only one or a few controlling owners is common, especially in many European and Asian countries. The dispersed ownership has proven to be uncommon and even countries with supposed dispersed ownership...

Several empirical studies showed that it is not the level of entrepreneurial activity itself, but the (long-term) survival and growth of new firms that determine the direct and indirect contribution of new businesses to regional employment. To this end, the aim of this paper is to analyze the...

The role of R&D investment on firm's performance is not clear from a theoretical perspective. While the effort in R&D activities conducted internally helps firms to develop the ability to identify, assimilate and apply external knowledge successfully (Cohen and Levinthal, 1990), such activities...

We address the post-entry performance of new Portuguese firms by investigating the structural characteristics survival, using both non-parametric methods and semi-parametric methods, for the seven regions of Portugal (NUT II). We also provide a disaggregated analysis by sector and size class,...

This paper investigates the impact of legal tradition and firm size on investment performance for firms in 16 European countries. Europe as a region is of special interest in this sense since the legal systems differs widely within a concentrated geographical area. Anglo Saxon, German, French as...

This paper investigates how family ownership, control and management affect firm investment performance. We use the identity of the CEO and the COB to establish under what management the firm is: founder, descendent or external management. The analysis shows that founder management has no effect...