Why do so many high-priced acquisitions of entrepreneurial firms take place in network industries? We develop a theory of commercialization (entry or sale) in network industries showing that high equilibrium acquisition prices are driven by the incumbents' desire to prevent rivals from acquiring...

This paper examines the evolution of a skew distribution of firm sizes from the viewpoint of the 'Bounds' approach to market structure. It confines attention to the role played by non-strategic factors (statistical independence, and cost side effects). A model is proposed, which leads to a...

This paper examines the evolution of a skew distribution of firm sizes from the viewpoit of the "Bounds" approach to market structure. It confines attention to the role played by non-strategic factors (statistical independence, and cost side eddects). A model is proposed, which leads toa...

Media firms sometimes allow consumers to pay to remove advertisements from an advertisement-based product. We formally examine an ad-based monopolist's incentives to introduce this option. When deciding whether to introduce the option to pay, the monopolist compares the potential direct revenues...

Este artigo pretende oferecer uma síntese do quadro político e institucional do setor energético brasileiro, com ênfase especial ao papel exercido pelas fontes de energia alternativas. Ele está dividido em quatro partes. A primeira apresenta um panorama das energias renováveis no Brasil,...

O declínio organizacional é um tema importante e pouco estudado. No limite o declínio leva à falência das empresas. Seu estudo é importante para a melhor compreensão por parte dos executivos dos fatores que podem colocar suas organizações em risco. O estudo do declínio, entretanto, é...

Some scholars? imprint an academic discipline by their contribution to the manner in which we think and research, namely by putting forward novel concepts and insights. In this paper we examine the impact of Sumantra Ghoshal?s work on the study of subsidiaries and multinational enterprises and...

The purpose of this paper is to present the main neurological findings about the human brain that provide the basis for brain-based learning, and that represent a narrow field of cognitive science as a whole. The findings that are described were made primarily by neuroscientists who studied the...

Jay Barney?s contribution to the current status of the Resource-Based View (RBV) is well accepted, in particular his 1991 article on ?Firm resources and sustained competitive advantage? has been acknowledged as one of the most significant contributions to developing the RBV. The RBV has since...

This paper advances on the importance of the adaptation of the firm to the International Business Environment (IBE). The IBE is a distinguishing factor in international business studies and the firm?s adaptation to the environment has been presented as a basic survival strategy. We argue that...