Similar Search Results

A Minimum of Rivalry: Evidence from Transition Economies on the Importance of Competition for Innovation and Growth

Carlin, Wendy; Schaffer, Mark; Seabright, Paul - William Davidson Institute, University of Michigan - 2004

that influence innovation by firms and their subsequent growth. Using a dataset from a survey of nearly 4,000 firms in 24 … transition countries, we find evidence of the importance of a minimum of rivalry in both innovation and growth: the presence of … market power in product markets are utilised to undertake innovation. …

Persistent link: https://www.econbiz.de/10005652631

Financial Institutions and The Wealth of Nations: Tales of Development

Tong, Jian; Xu, Chenggang - William Davidson Institute, University of Michigan - 2004

institutions in selecting R&D projects (including for both imitation and innovation). Financial development is regarded as the … innovation. However, this regime requires more decentralized decision-making, which in turn depend on contract enforcement. A …

Persistent link: https://www.econbiz.de/10005677512

Business Groups, the Financial Market and Modernization

Kali, Raja - William Davidson Institute, University of Michigan - 2000

Business groups are an important aspect of the industrial organization of many developing countries. This paper develops a theory suggesting that they may be organizations that facilitate modernization in the presence of financial market constraints. An important function of the stock market is...

Persistent link: https://www.econbiz.de/10005677548

Competition and Enterprise Performance in Transition Economies: Evidence from a Cross-country Survey

Carlin, Wendy; Fries, Steven; Schaffer, Mark; … - William Davidson Institute, University of Michigan - 2001

This paper uses a survey of 3,300 firms in 25 transition countries to shed light on the factors that influence restructuring by firms and their subsequent performance as measured by growth in sales and in sales per employee over a three-year period. We begin by surveying what a decade of...

Persistent link: https://www.econbiz.de/10005677645

Assessing Mondragon: Stability & Managed Change in the Face of Globalization

Arando, Saioa; Freundlich, Fred; Gago, Monica; Jones, … - William Davidson Institute, University of Michigan - 2010

By drawing on new interview evidence gathered during several field trips and new financial and economic data from both external and internal sources, we document and assess the changing economic importance and performance of the Mondragon group of cooperatives as well as the two largest sectors...

Persistent link: https://www.econbiz.de/10009001050

The Life Cycle of Government Ownership

Che, Jiahua - William Davidson Institute, University of Michigan - 2003

Government ownership may dominate private ownership under government failure. Such dom- inance disappears as product markets grow mature, giving rise to the need for privatization. Buyers' limited wealth imposes a constraint on how and when privatization takes place. In particular, ¯rms may be...

Persistent link: https://www.econbiz.de/10005784601

Spinoffs, Privatization and Corporate Performance in Emerging Markets

Hanousek, Jan; Kocenda, Evzen; Svejnar, Jan - William Davidson Institute, University of Michigan - 2004

We use new firm-level data to examine the effects of spinoffs and privatization on corporate performance in a rapidly emerging market economy. Unlike the existing literature, which analyzes spinoffs almost exclusively in advanced economies, we control for accompanying ownership changes and the...

Persistent link: https://www.econbiz.de/10005784623

The Effects of Ownership Forms and Concentration on Firm Performance after Large-Scale Privatization

Svejnar, Jan; Kocenda, Evzen - William Davidson Institute, University of Michigan - 2002

industrial company SLOs carry out strategic restructuring in production and financing without deviating from the state ownership …

Persistent link: https://www.econbiz.de/10005784695

A Multi-Task Theory of the State Enterprise Reform

Bai, Chong-En; Li, David D.; Tao, Zhigang; Wang, Yijiang - William Davidson Institute, University of Michigan - 2001

with the multi-tasks of efficient production as well as social welfare provision, SOEs continue to be given low profit …

Persistent link: https://www.econbiz.de/10005784743

Structural Reform and Firm Exports

Cuervo-Cazurra, Alvaro; Dau, Luis Alfonso - William Davidson Institute, University of Michigan - 2008

We analyze the impact of structural reform on firm exports. We argue that structural reform generates new opportunities and reduces transaction costs, inducing firms to improve their efficiency and competitiveness to international levels and, therefore, helps them to export. However, we propose...

Persistent link: https://www.econbiz.de/10008529030

1
2
3
4
5
6
7
8
9
10
Next
Last