Globalization has led to exciting new business opportunities around the globe. Still, national and cultural boundaries … Germany through firm-specific advantages. Still, some face significant challenges. A submarket analysis shows that home market … advantages are more deeply rooted in the Western part of Germany and that foreign competitors find a more accessible competitive …

the Americas – in Prussia during the first globalization (1871-1913). We show that this shock accelerated the structural … of globalization, but depend on labor mobility. For our analysis, we digitize data from Prussian industrial and …