To investigate how the buying behavior of firms work is always needed, since it is an every changing process influenced by many forces in its surroundings. Industrial firms tend to have a smaller number of customers which means that they are easier to identify than customers in consumer markets. Effective marketing strategy relies on understanding consumers and their needs. This understanding m...

With the dramatic increase in direct foreign investment (DFI) in China over the past two decades, understanding the role of DFT in her economic development has become essential. This thesis focuses on the impact of the clustering of DFI on urban economic development through a case study of the Economic and Technological Development Zone (ETDZ) and High-tech Industrial Park (HTIP) in Qingdao, Sh...

We investigate whether a more concentrated regional industrial structure—the dominance of a few large firms in a given industry in a region—limits agglomeration economies and ultimately diminishes the economic performance of firms in that industry, especially small ones. In an application to three industries using establishment-level production functions and a combination of confidential and pu...

Industrial clusters can be seen as a type of collaborative networks with a geographically limited scope, since they are environments where firms can collaborate to improve collective efficiency and form networks for knowledge creation and sharing. This paper reviews some contributions found in the literature concerning knowledge management in industrial clusters and proposes a new knowledge man...

Classroom market experiments can complement the theoretical orientation of standard industrial organization courses. This paper describes various experiments designed for such courses, and presents details of a multi-market game with entry and exit. In this experiment incumbents have a cost advantage in their ‘home’ markets, and mobile firms decide which market to enter. After entry decisions a...

The biotechnology industry is not defined by its products, but by the technologies employed in making them. Those technologies involve the use of biological processes to solve problems or to make useful products. Biotechnologies are primarily employed in the medical and pharmaceutical industries, but they are also used to increase crop yields, clean up hazardous waste, and increase the efficien...

A central debate in industrial policy today is that between proponents of large vertically integrated firms on the one hand and those of networks of small specialized producers on the other. This paper argues that neither institutional structure is the panacea its supporters claim. The menu of institutional alternatives is in fact quite large, and both firms and networks — of which there are se...

Based on a wide-ranging literature review, we argue that the information and communications technology infrastructure has not received adequate attention for its role in the development and maintenance of industrial clusters. This paper develops expectations for how firms in an industrial cluster make use of a public, broadband ICT infrastructure, particularly in support of e-commerce applicati...