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Increasing evidence indicates that firms benefit from a location in a geographic cluster of similar firms. The literature is nearly silent, however, on whether agglomeration economies accrue symmetrically across clustered firms. Drawing from the knowledge-based view, we investigate which firms...
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While both financial and behavioral theories suggest that cash holdings may be beneficial to R&D-intensive firms, agency theory would suggest that strong monitoring may be needed to ensure that cash holdings are not squandered. We contend that transaction cost economics provides a valuable lens...
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Agglomeration research investigates the benefits that firms receive from locating in close geographic proximity. Despite a substantial surge in interest in this topic over the past 20 years, a lack of distinction among unique manifestations of spatial concentrations of similar firms threatens...
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Front Cover -- Resource Redeployment and Corporate Strategy -- Copyright Page -- Contents -- List of Contributors -- Examining Resource Redeployment in Multi-Business Firms -- Introduction -- Multi-Business Firms Are Alive and Well -- Corporate Flexibility through Resource Redeployment --...
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