What Determines Firm Size?

What Determines Firm Size?

Motivated by theories of the rm, which we classify as \technological" or \organizational", we analyze the determinants of rm size across industries and across countries in a sample of 15 European countries. We nd that, on average, rms facing larger markets are larger. At the industry level, we nd rms in the utility sector are large, perhaps because they enjoy a natural, or o cially sanctioned, ...

What Determines Firm Boundaries in Biotech?

What determines mutual fund size?

The mutual fund industry manages about a quarter of the assets in the U.S. stock market and thus plays an important role in the U.S. economy. The question of how much control is concentrated in the hands of the largest players can be quantitatively discussed in terms of the tail behavior of the mutual fund size distribution. We study the distribution empirically and show that the tail is better...

What Determines Inward FDI in China ? An empirical study using firm - level data

Using firm-level data from an Enterprise Survey of World Bank, this paper is designed to test how policy variables can affect inward foreign direct investment (“FDI”) in China. After excluding the problems of sample selection and endogeneity, the result shows that investment promotion agencies (IPAs) and investment incentive zones (IIZs) have significant positive effect on absorbing FDI in Chin...

What Determines Absorptive Capacity

The paper empirically analyses the effect of R&D activities, human resource and knowledge management, and the organisation of knowledge sharing within a firm on the absorptive capacity of innovative firms. Using data from the German innovation survey we investigate how firms are able to exploit knowledge from external partners for successful innovation activities. We distinguish between three t...