Exploitation or Exploration? Innovation Strategy in Response to Rivals' M&A
Abstract This paper investigates the impact of rivals' Mergers and Acquisitions (M&A) activities on the innovation orientation of firms that are not directly involved in these transactions, hereafter referred to as focal firms. Drawing on the Awareness‐Motivation‐Capability (AMC) framework, we find that rivals' M&A activities positively affect a focal ...
Xin Deng, Huma Javaid, Amon Chizema
wiley +1 more source
ABSTRACT Firms are not necessarily geographically static, in fact, they sometimes move across space within an economy. We define three possible destination types for relocating firms: major cities (urbanization), urbanized districts (suburbanization), and rural districts (counterurbanization).
Benedikt Schröpf, Tim Kovalenko
wiley +1 more source
Assessing the Real Exchange Rate Misalignments: Is Real Undervaluation of the Currency Likely and Can It Be Sustained? [PDF]
There is a renewed debate on the role of exchange rate policies as industrial policy tools in both academic and policy circles. Policy practitioners usually examine real exchange rate (RER) misalignments to monitor the behavior of this key relative price
Megumi Kubota
core
Ethnic Conflicts, Civil War, and Economic Growth: Region‐Level Evidence From Former Yugoslavia
ABSTRACT This paper studies the long‐term effects of the Yugoslav civil war (1987–1995) on subnational economic growth across 78 regions in five former Yugoslav republics from 1950 to 2015. We construct counterfactual growth trajectories using a robust region‐level donor pool from 32 conflict‐free countries.
Aleksandar Kešeljević +2 more
wiley +1 more source
Banking consolidation in Tenth District states [PDF]
Bank mergers have attracted much attention during the last year due to a surge in mergers among the nation's largest banking companies. The consolidation of the banking industry has been going on much longer, however. Since the early 1980s, the number of
William R. Keeton
core
Analysis and comparison of competitive balance in the Spanish ACB basketball league : a preliminary study [PDF]
Regardless its relevance in sports economics, competitive balance has not been studied neither in Spanish nor in European professional basketball. In this preliminary study we measured the competitive balance in the Spanish ACB League from seasons 1983 ...
Crespo, David +4 more
core +3 more sources
Old but Sold? Innovation Through Tradition Strategy for Export and the Role of Family Involvement
ABSTRACT Despite the notable body of research, the family firm (FF) internationalization literature has overlooked the role of innovation strategies in explaining FFs' export performance. We focus on the innovation through tradition (ITT) strategy—specifically, the degree to which a firm leverages its firm‐specific, mature (i.e., past) knowledge in the
Ivan Miroshnychenko +3 more
wiley +1 more source
ABSTRACT A longstanding debate in the sociology of religion has focused on how religious pluralism affects religious participation. Existing research shows mixed findings, often relying on macro‐level measures that overlook how individuals are actually exposed to religious pluralism in their lives. This study shifts focus to the meso‐level by examining
Elis Carlberg Larsson
wiley +1 more source
Bank market concentration and efficiency in the European Union: a panel granger causality approach [PDF]
The relationships between bank market concentration and bank efficiency are of particular relevance in the European Union (EU), but they remain controversial. Using a panel Granger causality approach, this paper contributes to the literature, testing not
Cândida Ferreira
core
Resilience as a Fiscal Input: County Financial Condition in an Open Systems Framework
Abstract This study explores how community resilience shapes local fiscal health by integrating the Baseline Resilience Indicators for Communities (BRIC) into an open‐systems framework of public finance. Using financial data from U.S. counties for fiscal years 2016 and 2021, we examined whether the six BRIC domains explain variation in operating ...
Jungmin Hwang +3 more
wiley +1 more source

