Using a unique representative panel survey of Vietnamese enterprises in 2020, we find that the pandemic and associated government support package had a heterogenous impact across firms. The government support package, particularly tax cuts and deferrals, helped alleviate short term stress, but...

The article discusses the challenges associated with the assessment of economic concentrations involving state-owned enterprises (SOEs) under the European Union (EU) merger control. It reveals inconsistencies in ascertaining the exercise of and the (anti)competitive effects stemming from the...

Using proprietary data of all high-tech incubators in China, we study a new approach by government to implement industrial policy through market intermediaries instead of directly allocating resources. Exploiting a highly localized industrial policy that targets different ``strategic emerging...

Product recall known as a kind of a product-harm crisis must be a tragic situation for a company recalling defected products because the company not only loses sales revenue, market share and investments but also suffer from the devaluation of their brand reputation and their investments in...

Despite its importance, government support for firms that adopt servitization in their businesses is severely lacking. This is because there is little known about the status of servitization; little is known about which firms are likely to implement servitization, how many firms have adopted...

This paper investigates the dynamic relationship between self-employment and unemployment rates. On the one hand, high unemployment rates may lead to start-up activity of self-employed individuals (the "refugee" effect). On the other hand, higher rates of self-employment may indicate increased...

We present experimental results from a series of sessions organized using the Power Market simulator; a software designed to realistically replicate the Spanish Electricity Market. In the experiments reported here we compare the status quo to two alternative treatments which represent...

This study questions the assumption that entrepreneurship unequivocally leads to economic growth. Using insights from institutional theory and development economics, we reevaluate entrepreneurship’s contribution towards economic growth. Our study uses Global Entrepreneurship Monitor (GEM) data...

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...

China, like a number of other antitrust jurisdictions, has a law concerning unfair pricing. This article develops an economic framework for applying the unfair pricing law in China. The framework draws on the experience of courts and competition authorities in other jurisdictions and the...