Foreign Direct Investment (FDI) has been considered as one of the major factors underlying the economic growth experienced by many developing countries. In Malaysia, FDI has played an important role not only in stimulating economic growth, but has also contributed significantly to the growth of...

The paper presents a theoretical model of R&D (Research and Development) investment and extensively studies the expensing policy of the development-related costs. Basing itself on an analytical discussion as well as a study of the optimal rate of expensing, the paper shows that a firm’s R&D...

This paper reviews arguments and empirical findings on two related aspects of FDI (Foreign Direct Investment)—its positive effects on host country firms, and the correlation between FDI and economic growth. With the exception of the unambiguous result of microeconometric studies, which is the...

The issue—how a firm’s R&D (Research and Development) interaction with universities affects its innovation performance—remains under-researched. This study explores the relationship between firms’ collaboration with universities and their capabilities for innovation, as perceived by R&D...

The study compares the performance of 28 public sector and 12 private sector banks for the period 2000-2001 to 2005-2006, using a non-radial bilateral comparison model. Further, the paper makes use of Rank Sum Statistic to draw inference about the distribution of efficiency scores of the...

This paper attempts to study whether and how a firm’s decision to outsource production activities affects its technological performance. In particular, it analyzes how the alignment between the firm’s governance strategy and the underlying attributes of the transactions, affect the capacity...

Economic theory tells us that abnormal firm and industry profits will not persist for any significant length of time. Any firm or industry making profits in excess of the normal rate of return, will attract entrants and this competitive process will erode their profits. However, a substantial...

Non-cooperative game theoretical models of International Environmental Agreements (lEAs) use the assumption that coalition of signatories maximizes their joint welfare. In this paper, the joint maximization assumption is compared to different welfare sharing schemes such as Shapley value, Nash...

In recent years, broad changes have contributed to the enhancement of the importance of the logistics as a source of competitive advantage to the firms, not just for increasing customer satisfaction, but also for improving their performance. Nevertheless, the capabilities of firms’ response to...

In the 21st century, with rapid growth of technology, economic society and life have changed significantly. Promoting competitive advantages has become the most important issue for firms in this rapidly changing and uncertain business environment. Many researches have pointed out that the...