..., by the very nature of its definition as 'the humanly devised constraints that structure..., MNE strategies may be shaped by arbitrage between different institutional systems (e.g. B6rs...
... of scale, economies of scope, and arbitrage opportunities (Ghoshal 1987). . According to Bartl... we provided respondents with a short definition of such teams in line with existing research (Atha...
Information is a critical resource in innovation processes. External information can be helpful in innovation processes to complete them successfully. SMEs in particular are therefore advised to draw on consulting in innovation processes, as they cannot ensure the necessary information flow internally due to the lesser resources they have compared to larger companies. To promote economically relevant information of SMEs, the public sector provides specific advisory services. These services, however, are rarely utilized compared to direct customer and supplier contacts. From strategic management's point of view, the involvement of intermediaries in the innovation process is accompanied by the risk of losing specific knowledge to the business environment. Based on an empirical comparative...
...Schumpeter's elements in the definition of the innovation process clearly show that knowle...There is an arbitrage opportunity for brokers to bridge several densely ...
...("as defined in the Directive") and the definition of "leverage" in the Level I text of AIFM-D pursua... may be ESMA's concern of regulatory arbitrage which it sees in relation to financial and/or lega...
...Arbitrage. The EU-Arbitrage Convention14 entered into force ...2. 10. See footnote no. 5. 11. The definition of "extraordinary business transaction" was revise...
...Arbitrage. The EU-Arbitrage Convention14 entered into force ...2. 10. See footnote no. 5. 11. The definition of "extraordinary business transaction" was revise...
The IB literature informs people of several ways to measure firms' degree of globalization. In this paper the researchers make the argument that in fact none of the existing indices really measure firms' degree of "global specialization", that is, to what extent their allocation of resources is multidomestic or global. In order to remedy this they introduce a complementary index measuring how firms are configuring their value chains -- whether they are replicating value chain activities from country to country or locating them in globally specialized units in order to exploit an international division of labor. They then test this "global specialization" index empirically on a sample of Danish MNCs. They find that the index is able to identify a distinct group of firms with significantl...
..., global specialization allows MNCs to arbitrage factor cost differences between countries. Deardor...We therefore need explicit definitions as a basis for our measurement efforts. Globalizat...
After thirty years of research on the relationship between internationalization and firm performance, findings on direction and magnitude are still contradictory. This paper quantitatively reviews prior research in an attempt to reconcile the fragmented results. The researchers address the question if and how internationalization relates to firm performance by integrating findings from 36 studies using the method of meta-analysis. They find empirical support for a significant positive relationship at the aggregate level. Equally important, meta-analysis reveals that the relationship is moderated by R&D intensity, product diversification, country of origin, and firm age and size.
...Location theory stresses arbitrage opportunities in factor cost differentials and the...Our definition of young firms parallels prior research on "new ve...
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