While public financial incentive to outward internationalisation are of fundamental importance, they have so far been neglected by academic circles, and scarce empirical evidence exists on the processes that drive agencies in the allocation of public incentives among firms. Policy makers should...

Commonly used classification and regression tree methods like the CART algorithm are recursive partitioning methods that build the model in a forward stepwise search. Although this approach is known to be an efficient heuristic, the results of recursive tree methods are only locally optimal, as...