The industrial internet has been described as a new industrial revolution, a significant re-shaper of markets and a global impetus for growth. Finland is looking for new growth opportunities and competitive edge in the industrial internet. The Prime Minister’s Office has identified it as one...

This paper focuses on self-selection into trade by exporting and importing firms, and on the presence of differential variable and sunk costs between exporters and importers across different categories of imports. In addition the authors consider the role of intensive and extensive margins with...

This paper deals with the still under-researched peculiarities of knowledge-intensive service start-ups (KISS) and their impact on the firms' competitiveness. It is argued that the value-added structure of KISS firms is different from other companies and involves particular uncertainties that...

Motivated by recent trends in apps and electronic media, I study the pricing decision of a durable-goods monopolist to derive conditions under which freemium pricing is optimal. Under freemium pricing, the firm charges a price of zero for the durable good but offers optional micro-transactions...

This study explores the process of legitimation of international new ventures from an emerging economy and the effect such ventures have on the process of creation and legitimation of a new industry in that economy. It is a longitudinal ethnographic case study. Following an inductive theory...