The authors examine whether discretionary government grants influence the location of new plants, and how effective these incentives are in the presence of agglomeration and urbanisation
externalities. Findings indicate evidence that regional industrial structure affects the location of new entrants.
Harvard Economist Michael Porter argues that the UK now needs an approach focused on improving skills, stimulating innovation and fostering enterprise. It is only by building such capacity, that the UK will be able to move to the next stage of improving competitiveness and achieve sustained higher levels of prosperity.
The paper presents a model in which final goods producers outsource intermediate input production. Intermediate inputs are differentiated and their production can be located at home or abroad. The model is used to examine competitive location policy
in a two-country free trade agreement
The authors build a theory of joint venture formation and instability based on synergy and monitoring. Findings indicate that monitoring problems may prevent the joint venture from forming at all. Moreover, joint venture formation usually involves over- monitoring, and ex post could involve cheating by one, or both the firms.
The paper is based on the authors experience with teaching a course on ethical dilemmas faced by individuals, managers and businesses in contemporary societies. The course highlighted the importance of ethical considerations for action that are based on consideration of others rather than ones own.
The paper shows that important dimensions for the climate of business operation and investment can be measured, analyzed, and compared across countries, and that governance is key to the business environment and investment climate. The survey findings suggest that key policy, institutional and governance indicators affect the growth of a firms sale and investment and the extent to which firms operate in the unofficial economy.
The paper assesses the nature and degree of bilateral economic integration preceding and following the implementation of the Canada- U.S. Free Trade Agreement. The findings serve as a caution against managers and policymakers assuming that regional integration is an inevitable dynamic and basing strategies and policies around this assumption.
The paper uses an econometric model of the propensity of firms to disclose their intension to engage in research joint ventures (RJV), in order to explain the recent precipitous decline in RJVs filed with the U.S. Department of Justice.
The report from the Public Policy Institute argues that while e-transformation of the real estate industry will cut the costs of buying a home and boost economic growth, the industry is unlikely to make this transformation absent public policy intervention. In addition, the report outlines a strategy by which public policy can spur e-transformation of the industry.
The Progressive Policy Institute report emphasizes that achieving the full promise of the New Economy and increasing the rate of growth in per-capita incomes requires not just private sector innovation and entrepreneurial drive, but also concerted and strategic public policies to overcome key challenges.