This paper compares the economic performance of UK and foreign-owned firms in UK manufacturing industry. A panel data set covering 14 233 firms for the period 1992-1996 is used and the influences of firm-, industry- and country-specific advantages on productivity are examined. The results of the...

This paper argues that, since a subsidiary is embedded in a dual context of both the MNE and the host environment, its strategic role should be assessed by its relative positions and contributions both within the knowledge networks of the MNE and the host country. Based on this, we develop a...

Based on 16 in-depth case studies this paper argues that the internationalisation behaviour of indigenous Chinese private-owned firms can only be partially explained by the Uppsala model and the theory of international new ventures. Instead, the so-called "bounded entrepreneurship" may be the...

This paper uses GARCH models to analyse the relationship between returns and volatility on the Shanghai and Shenzhen Stock Exchanges in China. Empirical estimates using the sample data from 21 May 1992 to 2 February 1996 suggest that the variances of the returns in the two markets are best...

Zhang G., Xu Q. and Liu X. Knowledge diffusion within the Datang sock-manufacturing cluster in China, Regional Studies. In this paper, a cognitive community-based analytic framework is established to investigate intra-cluster knowledge diffusion. The results from both a case study on a...

Previous studies indicate that the poor forecasting performance of constant parameter UK consumption expenditure models is caused by structural instability in the underlying data generating process. Typically, this instability is removed by reparameterization within the constant parameter...