This paper considers a firm facing the problem of optimal allocation of a budget fixed by capital market limitations between the costs of offering a current product and the Ramp;D expenditures required to develop a new one. The risks and rewards associated with both products are allowed to vary...

The micro-economic foundation of a hospital's optimal resource allocation is discussed. The foundation of a quantitative method to evaluate a hospital's performance depends on the pure economic definition of efficiency. This study is important for scholars and practitioners in the field of...

Developed-country multinationals (DMNEs) have increasingly engaged in the practice of offshoring innovation to emerging countries. In this article, we leverage and extend the institution-based view to further our understanding of this phenomenon. Specifically, we examine the differential effects...

Offshoring of services (OS), commonly defined as the international relocation of service activities that companies previously performed in their home country, has emerged as a relevant phenomenon in international business (IB). Over the past two decades, OS has grown rapidly in the global...

Does it pay to be a multinational? Despite decades of empirical research, we still do not know. We undertake a large‐sample, cross‐national replication of Lu and Beamish (2004) and Berry and Kaul's (2016) works to examine whether the multinationality–performance relationship is S‐shaped...

The globalization of business and the related increase in amount and relevance of international research suggest the need to map the international management field. Building on reviews by Werner (2002) and Werner and Brouthers (2002), this study provides a comprehensive picture of the field by...

The factors that determine firms' levels of internationalization remain a focal area of international business research. Within this research stream, studies building on the upper echelons theory have investigated the influence of the demographic characteristics of the top management team (TMT)...

The purpose of this paper is to investigate the relationship between the number of minority international joint ventures (MIJVs) formed and the level of internationalization attained in the context of small and medium-sized enterprises (SMEs). We argue that this is an inverted U-shaped...

Whether the platform ecosystem operates well influences the survival and development of all actors. Drawing on the literature of business ecosystem health, we propose the topic of platform ecosystem health, which refers to a stable and sustainable operating status obtained through cooperation...

Corporate social responsibility (CSR), as a concept that tackles economic, social, and environmental dimensions of business, becomes more and more implemented in companies all around the world. There are different effects that CSR can have on business performance, but it is generally accepted...