This paper discusses elements of inter-entrepreneurial trust in regional networks and clusters in terms of influencing business processes and economic viability in today?s economy. The message that can be extracted from the literature is that competitive advantage strongly depends on interfirm...

Principal Topic: This paper examines the entry strategy and start-up of a technology based small firm entering the China market through the vehicle of a joint venture company. The research deals with two main issues: - The intersection of the entrepreneurship and internationalization literatures...

The dominant forms of enterprise in Small Towns are, not surprisingly, small firms. But are these small firms different to their metropolitan counterparts, and are these differences related to their location in regional towns? In addition, are these regional small firms governed by different...

In this paper, theories of strategic competitiveness are used as the building blocks for alternative models of the regional firm. These models are used to develop a typology of firms that attempts to explain the fit between a small firm and its regional location. The standard theories based on...

Traditional financial theories see capital structure as a result of mainly financial, tax and growth factors (Modigliani & Miller, 1958). But corporate governance theories (Jensen & Meckling, 1976) and business strategy theories (Barton & Gordon, 1988) suggest that ownership structure and...

The paper reports on a research study of knowledge acquisition by Chinese firms involved in collaborative ventures with foreign enterprises. The study uses 152 Chinese businesses and examines how absorptive capacity (ACAP), as conceptualized by Cohen and Leventahl (1990) and modified by Zahra...

This paper explores the dilemma that firms face with respect to knowledge sharing in strategic alliances. On the one hand, alliance success is associated with high levels of interaction and co-operation between partners. On the other hand, full and open co-operation exposes a firm's distinctive...

Traditional cost-benefit analysis as an aid to public decision making on environmental questions is subject to some serious conceptual and empirical problems. This paper discusses an alternative approach which utilises the Delphi technique of information appraisal. This approach is found to...

There is growing evidence that capital structure and firm strategy are linked but most studies to date have focused on large, publicly quoted firms, with little attention given to small and medium-sized enterprises (SMEs). A major proposition of the study is that both strategic and financial...