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111.
Properties of knowledge base and firm survival: Evidence from a sample of French manufacturing firms
Alessandra Colombelli Jackie Krafft Francesco Quatraro 《Technological Forecasting and Social Change》2013
The paper analyzes the effects of the properties of firms' knowledge base on the survival likelihood of firms. Drawing upon the analysis of the patterns of co-occurrence of technological classes in patent applications, we derive the coherence, variety and cognitive distance indexes, accounting respectively for technological complementarity, differentiation and dissimilarity in the firms' patent portfolios. The results of our analysis are in line with the previous literature, showing that innovation enhances the survival likelihood of firms. In addition, we show that the search strategies at work in the development of firms' knowledge base matter in reducing the likelihood of a failure event. Knowledge coherence and variety appear to be positively related to firms' survival, while cognitive distance exerts a negative effect. We conclude that firms able to exploit the accumulated technological competences have more chances to be successful in competing durably in the market arena, and derive some policy implications concerning the role of public intervention in the orientation of search efforts in local contexts. 相似文献
112.
Alessandra Venturini 《Intereconomics》2004,39(1):11-13
Conclusion Some evidence regarding the effects of illegal or irregular immigrants on the receiving country's labour market is available
but it is very limited considering the complexity entailed.
It is clear that foreign irregular labour damages native workers more than regular foreign labour, but irregularity in employment
is very difficult to pursue in countries with a large informal sector. Destination countries should first fight complete illegality
in the country and in the job at any cost, and leave the labour office with the responsibility of providing incentives to
get a legal job through frequent controls and high penalties. 相似文献
113.
The determinants of risk disclosure in the annual reports of listed state-owned enterprises (SOEs) have yet to be fully explored. This paper examines the potential impact of the composition of the boards of directors and other company-specific features on risk disclosure levels. The presence of women on a board made a significant difference to risk disclosure, as did the age of board members. Board directors having an accounting or finance/business qualification affected risk disclosure negatively; company size and an internet visibility were positively related to risk disclosure. Although an Italian study, the lessons here will have application to academia and to practitioners, policy-makers and standard-setters worldwide. 相似文献
114.
We consider the standard Hotelling price-and-location game with two firms, and show how equilibrium is affected by the shape
of the consumers’ density. By describing the latter in terms of elasticity (Esteban in Int Econ Rev 27:439–444, 1986), we
develop a framework which enables us to prove a sufficient condition for the existence of multiple asymmetric equilibria when
the density is symmetric, in terms of a lower bound on the Gini coefficient of the distribution of preferences.
相似文献
115.
This paper evaluates the impact of financial sector reforms on the cost structure characteristics and on the ownership–cost efficiency relationship in Indian banking. It also examines the impact of reforms on the dynamics of competition in the lending market. We find evidence that deregulation improves banks performance and fosters competition in the lending market. Results suggest technological progress, once Indian commercial banks have adjusted to the new regulatory environment. This, however, does not translate in efficiency gains. There is also evidence of an ownership effect on the level and pattern of efficiency change. Finally, competition keeps building pace even in the re-regulation period and technological improvements are not hampered by the tightening of prudential norms. 相似文献
116.
Open Economies Review - This paper develops a basic framework characterized by a monetary union in which a shock to the policy interest rate, i.e. the determinant of a recessionary stance in the... 相似文献
117.
118.
Alessandra Rigolini Patricia Gabaldon Eskil Le Bruyn Goldeng 《Scandinavian Journal of Management》2021,37(1):101138
The replacement of the CEO is one of the first actions a troubled company may take to recover from a critical situation. In this paper, we analyze the change in firm risk and firm risk perception when women are replacing men as CEOs of troubled companies. The analyses are based on a comprehensive dataset covering all registered companies in Norway from 2005 to 2014. We argue that a new woman CEOs increase the chances of improving the risk situation of troubled companies. Building on CEO succession and social identity theories, we study the firm risk situation under the lenses of risk perception and firm risk, and we find that a newly appointed woman CEO, following a man, tend to decrease the level of risk of the company. Furthermore, we find counterbalancing effects on these changes given the moderation effect of women on the board. 相似文献
119.
We analyze a market in which advertising is the dominant marketing tool to create market share. We assume that an incumbent firm dominates the market during an initial stage, and that a new competitor is going to enter the market. In particular, we analyze the different advertising policies that the incumbent firm can adopt, before and after the entry of the rival. We explore three possible behaviours. In the first scenario the firm knows that the competitor will arrive at a given instant. In the second one we assume the original firm to be surprised, in the sense that it does not anticipate the entry of the opponent either because it does not expect the competitor to arrive, or it is not prepared to react before the entry takes place. Finally, in the third scenario, the original firm knows that the competitor will enter at a constant rate. We characterize a differential game model and compare the firms’ behaviours in a strategic perspective. 相似文献
120.
Review of World Economics - Cultural differences play an important role in shaping migration patterns. The conventional proxies for cross country cultural differences, such as common language;... 相似文献