The traditional evaluating methods can not deal with the evaluation problem of innovation sources in service firms with fuzzy information, authors have constructed fuzzy support vector machine based on support vector machine and fuzzy chance constrained programming, and applied this new method to evaluating innovation sources in service firms. In basis of related literature reviewing, authors h...

Aid providers frequently link supporting small firms to job creation. Small firms create about half of new jobs in Africa, but they also have higher failure rates. Ignoring firm exit exaggerates net employment growth. Using panel data for Ethiopia, we find that small and large enterprises create similar numbers of net jobs. Moreover, wages in small firms are persistently lower. To create more ‘...

If menu costs have a non-negligible lump-sum component and with larger firms having greater benefits from price adjustments, then larger firms will change price more frequently than smaller firms. Data from New Zealand firms support this hypothesis. Price duration decreases as firm size increases. Ordered probit analysis indicates the effect comes primarily from larger firms being more likely t...

T developments combine previously distinct technologies that result in converging markets. In converging markets, firms from different industries compete against each other, often for the first time. We propose that firms introducing new products in converging markets will learn vicariously from other firms in the market. Further, we propose that this learning will vary across the dual-technolo...

In this study, we examine the relationships between new ventures’ ties with service intermediaries (i.e., technology service firms, accounting and financial service firms, law firms, and talent search firms) and their product innovation in the context of a technology cluster. Because service intermediaries sit at the intersection of many firms, organizations and industries, they maintain extens...

The Indian pharmaceutical industry represents a successful case of indigenous self-reliant development. Over the last three decades the Indian industry, working under weak patent laws, used reverse engineering skills to develop capabilities in process R&D and generics drug development. With the signing of the TRIPS agreement Indian firms faced a stronger regulatory environment which restricted ...

Small firms and new business creation have become potent forces of economic development in the United States. Prior to 1980, large firms created the majority of new jobs in the American economy. During the last decade, however, a major structural shift occurred. Fortune 500 companies lost 4 million jobs. At the same time, firms with fewer than 100 employees added 16 million new jobs [Birch, 199...

Firms that engage in international transactions have been shown to outperform domestic firms in several dimensions. This paper studies the advantages of affiliates of multinationals to grow through an expansion in their range of products. I first develop a monopolistic competition model with multiproduct firms in which firms are heterogeneous in two dimensions: the fixed cost of developing new ...

We extend the resource-based perspective to explain innovation in new firms that have yet to develop resources. Using data on firms’ efforts to commercialize technological inventions, we tested a model of the environmental conditions under which new firms’ lack of resources alternately promotes or constrains innovation. We found that new firm innovation is greater in competitive and small marke...

Successful new products are rsrrntidi to the financial viability of many firms, with more than half of mast firms' sales resulting from products introduced in the past decade. But despite much research attempting to relate industrial innovation and firm performance, a cohesive themy has yet to emerge. We use structural equation models to assess the simultaneous impact of market structure, firm ...