We examine the diffusion of one particular kind of firm strategy, diversification, among a population of Chinese listed firms during the period of 1991 to 2002. The results are consistent with the idea that the decision is driven by both efficiency and legitimacy concerns. By linking diversification to social network and institutionalism theory, this study sheds new light on how dissemination a...

The paper Investigates stability and change of regional economic activities in the longrun. As the unit of analysis we selected the machine tool industry in West Germany for the years 1953 to 2002. We spot a strong variance in the activities between the different regions. These differences are relatively stable over time and the regional activities are rather path-dependent. Nevertheless, the p...

a r t i c l e i n f o Using resource-based view (RBV) of the firm as a theoretical backdrop; we aim to find out the relative impact of a firm's functional capabilities (namely, marketing and operations) and diversification strategies (product/ service and international diversification) on financial performance. We hypothesize that this linkage depends on the firm's relative efficiency to integr...

The paper's objective is to provide a large sample evidence on small and medium enterprises' (SMEs) financing source diversification patterns. We use the World Bank Enterprise Survey (WBES) of SMEs from 135 developing emerging economies. find that extent significantly affected by firm-specific country-specific characteristics. Commonly, (unconstrained) specialise their in retained earnings. How...

Queries that users pose to search engines are often ambiguous either because different users express different query intents with the same query terms or because the query is underspecified and it is unclear which aspect of a particular query the user is interested in. In the Web search setting, search result diversification, whose goal is the creation of a search result ranking covering a rang...