In the competitive market of B2B e-commerce website, as customer switching cost and network externality could prevent customers to switch to later entrant, the earlier entrant has the advantage to build and retain its market share. However, the declining cost of information technology (IT) over time provides the later entrant a cost advantage. In order to maintain competitive advantage, what sh...

We analyse the investment-to-cash flow relationship in Europe using a sample of manufacturing small- and medium-sized enterprises (SME) over period 2009–2016. investigate effect regional institutional quality on sensitivity, finding that, although credit constraints remain serious problem for European SMEs, high-quality institutions contribute to mitigate dependency internally-generated resourc...

This paper examines how foreign ownership affects the investment decisions of subsidiary firms using a new dataset of listed-parent − listed-subsidiary pairs. We find that improvements in the investment opportunities of parent firms have a negative effect on the investment of their subsidiaries, after controlling for the investment opportunities of the subsidiary, which can be independently obs...

This article explores the impact of public policy, technological change, and the development of Internet connectivity in EU members. The analysis illustrates that the results of previous empirical literature on the interplay between regulation, competition, and investment depend on the construction of indicators employed to evaluate this interaction. Furthermore, the article points out that the...

* I am grateful to Jeffrey Bernstein for helpful discussions. This paper has also benefited from discussions with Irv Emmons, Neil Langland and staff members at numerous public service commissions. The usual caveat applies. Abstract A growing concern on the part of regulators is that price regulation may weaken incentives for investment in service quality. Participation by the firm in complemen...

Abstract. Business value attainment should be a key consideration when designing software processes. Ideally they are structured to meet organizational business goals, but it is usually difficult to integrate the process and business perspectives quantitatively. This research uses modeling and simulation to assess process tradeoffs for business case analysis. A model for commercial software ent...

We study incentives to invest in platform quality in proprietary and open-source platforms. A comparison of monopoly platforms reveals that for a given level of user and developer adoption, investment incentives are stronger in proprietary platforms. However, open platforms may receive larger investment because they may benefit from wider adoption, which raises the returns to quality investment...