Various empirical works have shown that dispersion of firm-level profitability is significantly countercyclical. I incorporate firms' technology adoption decision into firm dynamics model with business cycle features to explain these empirical findings both qualitatively and quantitatively. The...

This paper explores some particularities of the strategic decisions adopted by the Romanian exporters. We use four case studies in which there are presented such decisions. We conclude that in the actual complex context for the export activity the adaptation capacity is a key factor of success.

The new heterogeneous firm models in international economics suggest a negative impact of trade openness on the within-sector disparities, due to a restructuring process leading to a resources reallocation toward high efficient firms and the exit of less productive ones. I test this hypothesis...

In recent decades, hotel companies based in the Balearic Islands have become the leaders of the Spanish tourism market and have been released, with great success, to conquer international markets. This article analyses the foundations of this global expansion: its position in the island tourist...

The present study examines the impact of R&D expenditure on market valuation of firm using Tobin’s q. The study uses firm level data for Indian manufacturing sector obtained from Prowess database of CMIE for the period 2001-2010. The study forms an unbalanced panel with 326 R&D incurring...

The present study examines the impact of R&D expenditure on market valuation of firm using Tobin’s q. The study uses firm level data for Indian manufacturing sector obtained from Prowess database of CMIE for the period 2001-2010. The study forms an unbalanced panel with 326 R&D incurring...

The paper examined innovative behaviour and firm’s performance in the Nigerian manufacturing industry. Relevant literatures have emphasized the need to make a strong relevance for innovativeness to act as a catalyst for innovation to occur in the firm. While there has been significant research...

Patient satisfaction constitutes an objective to achieve in the provision of qualitatively adequate health services; it relies on patient involvement, that is obtained through surveys aimed at letting patient to express their opinion on the health care received. Patients may provide the best...

One of the most important objectives of innovation policy in most advanced industrial nations is the creation of infrastructure to support innovation, facilitating the transfer of technological knowledge to companies to enable them to acquire the tools more useful and effective to improve their...

In this paper, we investigate whether there is a pollution haven effect, specifically, the effect of environmental regulations on firm location. Our identification uses the Two Control Zones (TCZ) policy implemented by the Chinese government in 1998. The difference-in-differences (DID)...