See also the article 'Mean and bold: on separating merger economies from structural efficiency gains in the drinking water sector' 2010, <I>The Journal of the Operational Research Society</I>, 61, 222-34.<P> The Dutch drinking water sector experienced two drastic changes over the last 10 years. Firstly,...</p></i>

We develop a new perspective on the boundary of the firm that is consistent with the empirical observation that the share of entrepreneurs first decreases and then increases in the course of economic development. Existing theory based on transaction costs is difficult to relate to these...

Promoting investments in energy saving technologies is an important means forachieving environmental goals. Unfortunately, the empirical evidence on successconditions of policies isscarce. Based on a survey among Dutch firms, this paper sets out to identify thefactors that determine the...

This discussion paper resulted in an article in 'Games and Economic Behavior' (2014). Volume 85, pages 289-305.<P> In this laboratory experiment we study the use of strategic ignorance to delegate real authority within a firm. A worker can gather information on investment projects, while a manager...</p>

This discussion paper has resulted in a publication in the <A href="http://aa4pq3kw5l.search.serialssolutions.com/directLink?&atitle=Economics%3A%20An%20Emerging%20Small%20World&author=Sanjeev%20Goyal%3B%20Marco%20J%20van%20der%20Leij%3B%20José%20Luis%20Moraga%2DGonzález&issn=00223808&title=The%20Journal%20of%20Political%20Economy&volume=114&issue=2&date=20060401&spage=403&id=doi:&sid=ProQ_ss&genre=article&lang=en">'Journal of Political Economy'</A>.<P>This paper examines the small world hypothesis. The first part of the paper presents empirical evidence on the evolution of a particular world: the world of journal publishing economists during the period...</p></a>

This paper exploits micro firm level data to examine the impact of spatial clustering and links to foreign buyer networks on firm performance in the wood furniture industry in Central Java, Indonesia. The analysis is based on an annual manufacturing survey. We identify the impact of...

We model entrepreneurship and the emergence of firms as a result of simultaneous bidding for labor services among heterogeneousagents. Unique to our approach is that occupational choices, jobmatching and organizational forms are determined simultaneously, sothat the opportunity costs of...

In our study we investigate the association between inter-organizational trust and access to financing for 11,500 firms across transitional countries (including Turkey). The results of our study contribute to the stream of economic development literature in two primary ways. First, we show that...

Most heterodox theories of the business enterprise base themselves on the Veblenian going concern in which managers pursue the long-run survival and growth of the enterprise, whereas absentee owners are occupied with short-run financial interests. Since Veblen’s era, the capitalist social...

The establishment and promotion of the SMEs is considered to be the solution to many of the problems of the developing economies. This SME panacea compels the researchers to observe how this sector contributes in the economy of Pakistan. The core objective of the present paper remains to analyze...