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作者：Ellis, Paul D.
作者单位：Hong Kong Polytechnic University
摘要：International entrepreneurship involves the identification and exploitation of opportunities for international exchange. Yet little is known about the entrepreneurial methods used for opportunity recognition. While previous work emphasizes effects operating at the level of the business network, I propose that the recognition of exchange opportunities is a highly subjective process, shaped by entrepreneurs' existing ties with others. Based on interview data collected from 41 managers, I develop...
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作者：Hillier, David; Pindado, Julio; de Queiroz, Valdoceu; de la Torre, Chabela
作者单位：University of Strathclyde; University of Salamanca
摘要：We investigate the process through which country-level corporate governance facilitates firm-level investment in research and development (R&D). Taking cash flow as one of the main determinants of R&D, we derive an econometric model that introduces a number of corporate governance factors (legal protection, financial system, and control mechanisms) to analyze their impact on R&D-cash flow sensitivity. Using data from nine European Union countries, Japan, and the United States, we show that R&D...
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作者：Cassiman, Bruno; Golovko, Elena
作者单位：University of Navarra; IESE Business School; KU Leuven; Tilburg University; Tilburg University
摘要：Successful product innovation leads to the decision by small and medium enterprises (SMEs) to enter the export market. We argue that in addition to a direct effect of innovation on exports, product innovation, through its effect on firm productivity, increases the likelihood of the firm entering the export market. Using a panel of Spanish manufacturing firms, we show that the strong positive association found between firm productivity and exports in the literature relates to the firm's earlier...
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作者：Fung, Hung-Gay; Yau, Jot; Zhang, Gaiyan
作者单位：University of Missouri System; University of Missouri Saint Louis; University of Missouri System; University of Missouri Saint Louis; Seattle University
摘要：This study uses reported trade figures from China and Hong Kong to examine the relationships among market impediments, trade figure irregularities, and tax-induced regulatory arbitrage. The empirical findings, consistent with our tax-induced regulatory arbitrage models and the round-tripping phenomenon in China (that is, moving funds across the Mainland Chinese border through trade, typically to Hong Kong or an offshore tax haven, before re-entering China as foreign direct investment), provide...
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作者：Hope, Ole-Kristian; Thomas, Wayne; Vyas, Dushyantkumar
作者单位：University of Toronto; University of Oklahoma System; University of Oklahoma - Norman
摘要：Using an extensive panel of cross-border M&A transactions between 1990 and 2007, we find that firms from developing countries, compared with those from developed countries, bid higher on average to acquire assets in developed countries. We are interested in why these higher bids occur. We find that bids of firms from developing countries are higher-in cases where the transaction displays national pride characteristics, where national pride is identified through a manual examination of media ar...
