Carlin, Wendy; Fries, Steven; Schaffer, Mark; … - William Davidson Institute, University of Michigan - 2001
the new market environment. We go on to analyse the impact on performance of ownership, soft budget constraints, the … general business environment and a range of measures of the intensity of competition as perceived by a firm. We find that … development of new products). Soft budget constraints have a broadly negative and the business environment a broadly positive …