Change in evolutionary economics is predicated on the creative destruction of variety. Despite the importance of the concept of variety, or heterogeneity, in evolutionary economic theory, empirical work that examines the character of variety – its extent and its persistence – is still...

This paper uses survival analysis to examine the factors determining the time taken for branches of foreign banks in Shanghai, China to make a positive rate of return after entering that market. Particular attributes of banks including the parent bank's size, early entry and the number of...

This study uses survival analysis to examine the factors determining the decision of a foreign bank to establish a branch in the PRC. Bank size and international diversification are found to have a significant positive impact on the probability of entry. Banks from Asia have particular cultural...