The traditional approach to measuring allocative efficiency is based on input prices, which are rarely known at the firm level. This paper proposes a new approach to measure allocative efficiency which is based on the output-oriented distance to the frontier in a profit - technical efficiency...

Background: Data on the cocaine market appear to be inconsistent, as they tend to show declining prices vis-a-vis a steady or increasing demand and a declining supply. This paper proposes an explanation for this trend by providing evidence that there is an under-estimation of the supply of...

As the rate of innovation increases, organizational environments are becoming faster and more complex, posing greater challenges for organizations to adapt. This study argues that the concept of coevolution offers a bridge between the prescient adaptationist and ex-post selectionist perspectives...

Although influenza vaccine shortage is often attributed to low supply, it has been observed that even with abundant supply, a major shortage can still occur due to late delivery. In this paper, motivated by the influenza vaccine industry, we study a supply chain contracting problem in the...

In order to access and exploit knowledge, MNCs are induced to make FDI in technological districts. It occurs in a two-step process: first joint venture and then acquisition. This perspective is consistent with the evolutionary theory of multinational corporations, which looks at technology...

Spanish Abstract: Este estudo analisa a aplicação da tecnologia empresarial Odebrecht (TEO) na Braskem S.A, de acordo com os critérios do modelo estrela de Jay Galbraith, apresentando como os conceitos e princípios da TEO se relacionam aos critérios do projeto organizacional de uma empresa...

The paper presents a model that conceptualizes the development of academic disciplines and related industries as intimately linked. The model predicts that the relative strength of a national industry which has a significant input of science or engineering knowledge is causally related to the...

While there is widespread agreement among economists and management scholars that knowledge spillovers exist and have important economic consequences, researchers know substantially less about the "micro mechanisms" of spillovers -- about the degree to which they are geographically localized,...

The traditional approach to measuring allocative efficiency is based on input prices, which are rarely known at the firm level. This paper proposes a new approach to measure allocative efficiency which is based on the output-oriented distance to the frontier in a profit - technical efficiency...

German chemical manufacturing industry is marked by two major structural changes during 1992-2004. Firstly, number of firms was ranging extensively: from 676 to 901, while only 96 firms represented balanced panel. Secondly, size of the firm dropped considerably-by 88%. This paper is intended to...