Ito, Keiko; Lechevalier, Sébastien - In: Industrial and Corporate Change 19 (2010) 6, pp. 1997-2039
Although heterogeneity in the performance of firms is a well-established stylized fact, we still lack full understanding of its origins and the reasons why it persists. Instead of assuming that performance differences are exogenous, this article focuses on two endogenous strategies--innovation...