This study empirically examines the reemployment of employees displaced from a high-tech firm. Since 2008, the plummeting market share of Nokia, the world’s largest mobile phone manufacturer at the time, has resulted in massive layoffs and the downsizing of its workforce. We analyze the labor...

The development of the digital economy and the emergence of new technologies are changing the way of doing business. In recent foreign direct investment (FDI) studies, factors in addition to conventional ownership-location-internalisation (OLI) factors have been explored to enrich the FDI model....

We consider the impacts of a new information and communications technology, referred to as the Fourth Industrial Revolution (4IR) technology, on firm productivity by using a Korean dataset. We estimate the total factor productivity (TFP) of each firm using the control function approach for...