This article examines whether founders’ human capital affects not only actual investment but also required investment in research and development (R&D), using the original data of Japanese start-up firms. The estimation results indicate that higher levels of founders’ human capital,...

This paper explores the determinants of R&D cooperation in Japanese start-ups. Using a sample from an original survey conducted in 2008, we examine the effects of founder-, firm-, and industry-specific characteristics on R&D cooperation by type of partners. Our findings indicate that...

This article explores the persistence of market leadership in Japanese manufacturing industries over the period 1975--2004. By applying survival data techniques, we examine how long market leadership persists and how the duration of market leadership varies according to industry-specific...

This paper explores how the determinants of new-firm duration vary according to exit route: bankruptcy, voluntary liquidation, or merger. Using a sample of new firms in Japan, we provide evidence that the effects of entrepreneur-, firm-, and industry-specific characteristics on new-firm duration...

This paper explores market share instability as a measure of market mobility. Using a newly constructed panel data set, we examine the determinants of the market share instability of leading firms in Japanese manufacturing industries. The findings suggest that there is a significant relationship...

The paper analyses the agricultural transformation in ten Central and Eastern European countries between 1990 and 2010. We provide evidence that despite of diversity of farm structure, heterogeneous preconditions in agricultural policy and economic policy reforms these countries follow the Lewis...