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efforts in the semiconductor industry, we show how local governance actors, including government, universities and firms, have …
Persistent link: https://www.econbiz.de/10013291557
"Implicit Contracts, incentive compatibility, and involuntary unemployment" (MacLeod and Malcomson, 1989) remains our most highly cited work. We briefly review the development of this paper and of our subsequent related work, and conclude with reflections on the future of relational contract...
Persistent link: https://www.econbiz.de/10013500553
We study firms that engage in strategic alliances, and investigate the link between a firm’s investment and the accounting quality of its partners. Given the view of the firm as a nexus of contractual relationships, we expect that alliance partner information will help investors monitor the...
Persistent link: https://www.econbiz.de/10013296817
Western multinational corporations (MNCs) increasingly locate advanced functions, including product development and engineering, in emerging economies to gain access to lower-cost science and engineering (S&E) talent and specialized service providers. Over time, new S&E clusters have developed...
Persistent link: https://www.econbiz.de/10013133139
This paper explores local and global dynamics underlying the development of knowledge services clusters, which we define as new geographic concentrations of technical talent and service providers offering upstream technical and knowledge-intensive business services to regional and global...
Persistent link: https://www.econbiz.de/10013133184
The latest Forbes 2000 Rankings leave no doubt: Large corporations continue to exist (and they grow even larger), but fewer than ever originate in the U.S. Among the Top 10 listed firms four are Chinese. This article argues that firms from China and India will soon dominate the global...
Persistent link: https://www.econbiz.de/10013082594
. Intra-firm trade is high for products with low levels of contractibility sourced from countries with weak governance, for …
Persistent link: https://www.econbiz.de/10013116134
-making power concerning their future. This relative `forfeiture' of their independence is initially due to a governance which flees …' products, proceed from the same weakening of the regional `governance'. On the basis of the principle that the current markets …
Persistent link: https://www.econbiz.de/10005040811
governance and failures in regulation. Indeed some have argued that the regulators are more guilty even than the perpetrators and … who are deemed to be responsible. Governance therefore is an issue which has risen to the top as far as popular interest … is concerned. It is therefore timely to consider such governance and problems and solutions. It is equally important to …
Persistent link: https://www.econbiz.de/10014178610
case in the French tomato sector, the research focus on the governance mechanisms, and especially authority and enforcement … mechanisms. We show that the collective organization can be analyzed as a combination of governance mechanisms. These mechanisms …
Persistent link: https://www.econbiz.de/10011071940