Recent theoretical models have shown that when demand is slack, firms tend to introduce new management practices and/or reorganize their production methods; however, few micro econometric studies deal directly with the relationship between organizational change and economic crises. In this...

"Rethinking Industrial Policy systematically analyzes policies in key areas such as innovation, new firms, firm networks, financing, human capital, and internationalization. The authors provide an in-depth look at specific policies and institutions that illustrate the do's and don'ts emerging...