The purpose of this paper is to examine the determinants of Taiwan’s manufacturing firm growth, in particular, the effects of corporate financial choices and the financial structure on firm growth in different industries besides other physical factors discussed in the literature. We construct an unbalanced dynamic panel data using 280 listed and OTC manufacturing firms over the period 1991-2002...

This paper investigates firms’ optimal location choices explicitly accounting for the role of inwards and outwards knowledge spillovers in a dynamic Cournot oligopoly with firms that are heterogeneous in their ability to carry out cost-reducing R&D. Firms can either locate in an industrial cluster or in isolation. Technological spillovers are exchanged between the firms in the cluster. It is sh...

Using firm-level data from Changzhou, one of the representative prefectural cities in the Yangzi River Delta in China, we investigate the performances of both internal and external R&D in high-tech firms. We find that, on average, high-tech firms with more internal R&D expenditure apply for more patents in terms of both the total number of patents and the number of invention patents. Internal R...

Information asymmetry creates value and incentives for firms from different countries to merge. To demonstrate this point, we develop a model of international trade under oligopolistic competition and asymmetric information, in which domestic firms are informed of the local market demands, but foreign firms are not. By emphasizing two features of a merger between a domestic firm and a foreign f...

This paper investigates various aspects of the links between exporting and productivity for a large sample of firms in the United Kingdom. We find evidence to support the proposition that sunk costs are important. Self selection takes place, with larger and more productive firms entering export markets, and firms have to become more productive in order to enter. Industry characteristics also af...

Due to the existing depression, industrial enterprises in most of the world require to be reconfigured and/or reorganized especially the manufacturing firms (companies). As a consequence of the global economic crisis (GEC), great political and economical maybe changed and some companies will go out from business and others will be merged with other firms. Also, a big effecting will be represent...

Despite the new interest shown by many economists, social scientists and observers of the changes of the modern socio-economical reality for the concept of the industrial district – ID – (or for analogous and related notions like clusters, industrial milieux, etc.) the analysis of this particular form of industrial structure is quite old, and dates back to the early studies of Alfred Marshall (...

This study assesses the effects of industrial disputes legislation and the dispute settlement process on informal versus formal employment in India. It uses indicators of pro-worker court awards and court efficiency as well as amendments to the Industrial Disputes Act (IDA) at the level of Indian states. The state-level IDA amendments are classified as pro-worker or proemployer and enforcement ...

The paper deals with relationship between industrial policies and territorial environmental policies in industrial clusters, and proposes an innovative approach to the decision making. Because of the globalisation processes, the European SMEs operating in industrial clusters are showing difficulties in maintaining their market competitiveness and nourishing their capability to achieve economic ...

Any account of industrial health in the U.S.A. should start with Dr. Alice Hamilton.t The autobiography of this remarkable woman records not only the author's life-long devotion to the cause of the American industrial worker, but gives a picture of conditions in American industry which, when she first began her work, were a veritable jungle of ignorance, prejudice, and suspicion. But if Dr. Ham...