Adopting an information-process perspective, this article conceptualizes exploration orientation in terms of scope of information acquisition. In line with this conceptualization, a multidimensional operational measure of exploration orientation is developed and its internal consistency...

This article examines the coordination of an organization's onshore and offshore units from a co-evolution perspective. Literature based insights are combined with a case study of a leading IT-services provider to build new theory and a related propositional inventory. Counter-intuitively, our...

A mission statement has long been argued to lead to better performance by aiding strategy formulation and implementation. Empirical evidence to support this argument is however lacking in the literature. This has led to a considerable waning of managerial confidence in mission statements in...

We study optimal time-consistent fiscal policy in a neoclassical economy with endogenous government spending, physical capital and public debt. We show that a dynamic complementarity between the households’ consumption-savings decision and the government’s policy decision gives rise to a...

We study optimal income taxation and public debt policy in a neoclassical economy populated by infinitely-lived households and a benevolent government. The government makes sequential decisions on the provision of a valued public good, on income taxation and the issue of public debt. We...

This thesis consists of an analysis of different aspects of optimal fiscal policy in dynamic economies, with a special emphasis on the consequences of dropping the assumption of full commitment to future policies: the Third Best environment. As is now well known in the dynamic optimal taxation...

The paper explores the macroeconomic effects of three public pension reforms, namely an increase in retirement age, a reduction in benefits and an increase in contribution rates. Using a five-region version of the IMF‘s Global Integrated Monetary and Fiscal model (GIMF), we find that...

Forces of deregulation, internationalisation and technological innovation have dramatically changed the European telecommunications industry. To cope with these forces, incumbent telecommunication operators had to strategically renew their companies. What can be learned from these incumbents and...

Empirical research reveals that relocations of corporate centres are most times confined to national borders. Until now, cross-border relocations are almost absent in the European Union, while in the United States relocations across State borders appear to be common. To contribute to a...