In the late 1990s, China’s industrial sector was dominated by state-owned firms. We document how this changed after 1998. More than 80 percent of the state-owned firms in 1998 were shut down or privatized by 2007. Among firms we classify as state-controlled in 2007, many were restructured and registered as private firms with a controlling share held by a stateowned conglomerate or were new firm...

This paper investigates the impact of an increase in the cost of firing employees on the performance of manufacturing firms in Indonesia. This analysis uses difference-indifferences analysis to measure the impact of the policy change on the output, employment, wages, and input mix of firms. The new law applied to all formal sector firms in Indonesia. So, in order to identify treatment and contr...

Serial innovators are long-lived, small firms with a substantial, public record of innovative success. This paper argues that such firms are often specialist suppliers of technology. We draw on Arora, Fosfuri and Gambardella's framework concerning markets for technology to explain the patenting characteristics of these firms. We find that the firms produce technology that in comparison to large...

Abstract In the last decade, key driver of e‐commerce growth has been expansion internet access . Studies indicate that is transforming both production and consumption goods services in domestic international markets. Internet platform usage significantly decreased barriers for firms to communicate with foreign clients suppliers on their market participation. Using marketing intelligence enable...

Typically, firms decide whether or not to develop a new product based on their resources, capabilities and the return on investment that the product is estimated to generate. We propose that firms adopt a broader heuristic for making new product development choices. Our heuristic approach requires moving beyond traditional finance-based thinking, and suggests that firms concentrate on technolog...