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clusters development and internationalization. Having considered the clusters’ role and characteristics, in order to determine … their potential for growth and internationalization and the implications at a national, regional and firm level, this …
Persistent link: https://www.econbiz.de/10010926037
This paper examines the decision by a multinational corporation (MNC) to relocate its business unit and/or corporate HQ overseas. We argue that business unit HQs move overseas in response to changes in the internal configuration of their unit’s activities and the demands of the product markets...
Persistent link: https://www.econbiz.de/10005206975
internationalizing their boards of directors. Based on a panel study of the internationalization of the boards of 347 non-financial firms …-mentioned group is found to serve a monitoring role, related to financial internationalization of the firm, whereas the latter … category fills an advisory role related to commercial internationalization. Hence, different types of firm internationalization …
Persistent link: https://www.econbiz.de/10010320198
This paper aims to shed light on firm specific drivers that lead firms to internationalise their innovation activities. The paper draws a comprehensive picture of driving forces by including firm capabilities, characteristics of the firm’s competitive environment and the influence of...
Persistent link: https://www.econbiz.de/10003888033
Available statistics tell us little about the economic consequences of increasing global dispersion of production processes. In order to shed light on the issue, we perform grass roots detective work to uncover the geography of value added in the case of a Nokia N95 smartphone circa 2007. The...
Persistent link: https://www.econbiz.de/10008856409
What insights can be gained from bringing the theory of the firm to the global economy? I discuss several new features of the world economy that can be explained by incorporating the theory of the firm into the theory of international trade. Among the new features I discuss are the move to...
Persistent link: https://www.econbiz.de/10009490203
The paper complements entry mode research by dealing with the choice of alternative modes of governance in the specific case of foreign R&D and its impact on a parent firm's performance. Firstly, we identify the factors that determine whether a firm locates abroad any R&D activities, and, if it...
Persistent link: https://www.econbiz.de/10011374342
For a sample of 1243 European companies, we analyse the link between firm type and foreign direct investment (FDI) locations. We find substantial empirical evidence that being a family firm does not only affect the overall propensity for FDI but that this effect is also specific to target...
Persistent link: https://www.econbiz.de/10009752143
We develop a model in which multinational investors decide about the modes of organization, the locations of production, and the markets to be served. Foreign investments are driven by market-seeking and cost-reducing motives. We further assume that investors face costs of control that vary...
Persistent link: https://www.econbiz.de/10010366525
This paper presents some ideas about determinants of merger waves and some evidence on their effect on profitability and employment. A brief survey of previous merger waves and an analysis of the recent one give support to the hypothesis that sectoral shocks are at the root of merger waves....
Persistent link: https://www.econbiz.de/10011490438