This paper examines the importance of competition in the growth and development of firms. We make use of the large-scale natural experiment of the shift from an economic system without competition to a market economy to shed light on the factors that influence innovation by firms and their...

This paper uses a survey of 3,300 firms in 25 transition countries to shed light on the factors that influence restructuring by firms and their subsequent performance as measured by growth in sales and in sales per employee over a three-year period. We begin by surveying what a decade of...

In this paper we look at how much of a burden the business environment can place on firms. For the first time, the BEEPS V round of business environment surveys conducted in 2012-14 included a question asking managers to predict their cost reductions if a range of obstacles to their operation...