This paper provides the first evidence about pure exporters (i.e., firms exporting all of their output to the foreign market) -- a phenomenon overlooked and cannot be explained in the existing literature. It then offers a generalized model of Melitz (2003) for examining the existence and...

The innovation and growth of entrepreneurial ventures rely heavily on the availability of both monetary and non-monetary resources. In such a background, corporate venture capital (CVC) has become an indispensable part of the entrepreneurial financing landscape. The rapid development of CVC...

Purpose – This paper aims to present inter-firm networks in China by examining the impacts of previous market ties, nonmarket ties, and more importantly their interaction on the formation of exchange relationships. Design/methodology/approach – The authors test their hypotheses using...

Purpose: This paper aims to investigate the multi-faceted impact of host country risks on the success of private participation in infrastructure projects. The authors make a distinction between exogenous and endogenous risks, differentiating those that are completely beyond the control of the...

This paper uses human stature as a biological indicator of living standards in colonial Korea (1910-1945). We show that the average height of adult Koreans increased from the beginning to the end of Japanese rule from about 164 to 166 cm. Height increased slightly before 1910 and dramatically...

Although there have been studies on the effect of slack resources on performance, the role of the environment is often ignored. To address this research question, three types of slack resources (available, recoverable, and potential) and three environmental dimensions (munificence, dynamism, and...