This paper aims to describe how spatial characteristics of regions relate to the growth of firm population in Turkey. Between the observed period, from 1985 to 1992 in most parts of the country change in firm population is negative. The regions with positive rates are located on the main highways of Turkey and they do form an axis from the Southeast through the inner part to the North and North...

Innovation is key to technology adoption and creation, and to explaining the vast differences in productivity across and within countries. Despite the central role of the entrepreneur in the innovation process, data limitations have restricted standard analysis of the determinants of innovation to consideration of the role of firm characteristics. We develop a model of innovation which incorpor...

Innovative Firms or Innovative Owners? Determinants of Innovation in Micro, Small, and Medium Enterprises Innovation is key to technology adoption and creation, and to explaining the vast differences in productivity across and within countries. Despite the central role of the entrepreneur in the innovation process, data limitations have restricted standard analysis of the determinants of innova...

The impact of Internet security breaches on firms has been a concern to both researchers and practitioners. One measure of the damage to the breached firm is the observed cumulative abnormal stock market return (CAR) when there is announcement of the attack in the public media. To develop effective Internet security investment strategies for preventing such damage, firms need to understand the ...