Based on a survey adapted from the Fourth European Community Innovation Survey (CIS-4), this study finds that, in the changing manufacturing environment of Guangdong province in China, Hong Kong-owned businesses that generate a higher share in new product sales as a percentage of total sales or...

Sustainability has become an imperative. Understanding the effects of countries' policies thereon has therefore acquired vital importance. This is particularly the case with ubiquitous policies such as investment promotion. In this paper, we address this timely policy question from an...

This paper investigates the effect of awarding a second investment grant to the same firm. We implement a Regression Discontinuity Design strategy using a very rich firm-level administrative database, which allows us to link applications to grants and their scores to firms' performance. Overall,...

Spanish Abstract: La fabricación de ladrillo artesanal en Saltillo, Coahuila, no ha modernizado sus procesos y continúa contaminando. En 15 años, el 60 % de los productores, han desaparecido. El objetivo principal es analizar los factores que influyen en la gestión empresarial, para...

This paper investigates the effect of awarding a second investment grant to the same firm. We implement a Regression Discontinuity Design strategy using a very rich firm-level administrative database, which allows us to link applications to grants and their scores to firms' performance. Overall,...

This paper takes stock of one year of policy responses to the 2022/2023 energy crisis triggered by Russia's war of aggression against Ukraine from the perspective of small and medium-sized enterprises (SMEs). In this paper, "SME policy responses" are defined as all government policies, whether...

This study analyses the impact of mergers and acquisitions on performance of Indian pharmaceutical firms following the implementation of TRIPS in 1995. In order to identify adequately the effect of mergers, we investigate the impact on firm performance of the merged vis-a-vis the non-merged...

As the global economic environment is evolving amid the protracted COVID-19 pandemic, minimizing the pandemic’s impact on the sluggish economy and boosting economic sustainability will require yet another boom of corporate spinoffs in Korea. This was the case in the early 2000s, when many...

Recently in Korea the number of financially distressed businesses, or zombie firms, has surged. This paper analyzes the growth of zombie firms in Korea, identifies key challenges associated with helping these firms recover post-pandemic, and describes the implications for policy carried by the...

The management conditions at face-to-face service businesses in Korea has deteriorated amid the protracted COVID-19 pandemic, and accordingly, the survivability of self-employed businesses, which account for a large proportion of the face-to-face service sector, has been negatively affected....