The performance of new firms is important for economic development but research has
produced limited knowledge about the key relationships among growth, profitability, and …

We extend the variable risk preferences model of decision making to a competitive context in
order to develop theory about how competition affects both focus of attention and risk taking …

Recent research finds that markups are rising, suggesting declining competition. But does
less price competition mean less Schumpeterian “creative destruction”/industry dynamism …

How and why are firms created, expanded and terminated by entrepreneurs in the
knowledge intensive economy? The authors show these entrepreneurship processes are …

Endogenous growth theory suggests that technological knowledge stimulates growth, yet
the micro‐foundations of this process remain obscure. Knowledge spillover theory posits …

Although recent literature suggests that competition among incumbent firms is caused by the
entry of new firms, this relationship has not yet been tested directly. In this study a regression …

Abstract The Ocean Shipping Reform Act (OSRA) of 1998 significantly shifted the industrial
structure of liner shipping markets from one that was dominated by price-fixing liner shipping …

Today, regarding the rapid growth of Information and Communications Technology (ICT), e‐
commerce, and the subsequent expansion of electronic banking, the banking market …

In this study, we develop understanding of factors that shape the propensity of market
incumbents to collaborate in response to the threat posed by new market entrants. We are …

Las instituciones reguladoras del mercado de auditoría y buena parte de la profesión han
expresado su preocupación porque la elevada concentración en torno a las cuatro grandes …