Researchers in economics and strategy have long been interested in understanding the determinants of firm performance. We apply the relatively novel approach of hierarchical linear modelling (HLM) to a large panel of food economy firms to shed new light on the long-standing debate about the...

The past three decades have seen significant advances in the field of organizational economics. By endogenizing "institutions" into their analysis, organization economists have enriched and extended the study of economic behavior. This paper explores the dynamic process of adoption of...