We analyse the post-issue operating performance of 304 venture-backed and 264 non-venture UK IPOs 1985-2000. IPOs exhibit a significant five-year, post-issue operational decline over the full sample period. However this is driven by a particularly poor performance by venture-backed and...

Since the work of George Richardson on the problem of investment coordination, the literature has focused on explaining equilibrium in investment games and neglected the problem of how investments are coordinated. This paper reports the findings of a case study of the brick industry which used...

As the COVID-19 pandemic lingers, signs of “pandemic-policy fatigue” have raised worldwide concerns. But the phenomenon itself is yet to be thoroughly defined, documented, and delved into. Based on self-reported behaviours from samples of 238,797 respondents, representative of the...

Global economic integration is often viewed as a process orchestrated from 'above' by constituents of an emergent transnational class. Yet such perspectives neglect the autonomous contributions made from 'below' by subnational political coalitions that mediate between global and local interests....

Interest has grown again in recent years about the long-term and cyclical nature of building investment and its effect on the macroeconomy. This paper investigates the nature of building trends and cycles from the 19th century to the present day for eight major OECD economies. Focusing...

There are a number of recent trends in the organisation of local economic development activities that are seen to point to a general convergence between UK and US contexts. Various attempts have been made to encompass this convergence, primarily through the application of a set of common...