In this paper we develop optimized localization strategies for multinational firms to overcome their liability of foreignness by adding a regional dimension. We explore conceptually whether economic stress in a…
Job mobility and employment durations can be explained by different theoretical approaches, such as job matching or human capital theory or dual labor market approaches. These models may, however, apply to…
This paper analyses whether strategic motives for patenting influence the characteristics of companies' patent portfolios. We use the number of citations and oppositions to represent these characteristics. The…
We propose a new approach to measuring the effect of unobservable private information or beliefs on volatility. Using high-frequency intraday data, we estimate the volatility effect of a well identified shock on…
Der Börsengang ist in vielen Fällen eine wichtige Exit-Option für Private Equity Investoren. Das Börsenumfeld für diese IPOs war in Deutschland nach dem Ende des Internet-Booms vielfach schwierig. In jüngerer…
