Empirical studies on information communication technologies (ICT) typically aggregate the“information” and … “communication” components together. We show theoretically and empirically thatthese have very different effects on the empowerment … and information,technologies that reduce information costs enable agents to acquire more knowledge and ‘empower …

decentralization decisions of firms. Centralized control relies on the information of the principal, which we equate with publicly … available information. Decentralized control, on the other hand, delegates authority to a manager with superior information …. As the available public information about the specific technology increases, the trade-off shifts in favor of …

managerial talent, relates to organizational performance. Over 18 years of research, a set of consistent patterns have emerged …

managerial talent, relates to organizational performance. Over 18 years of research, a set of consistent patterns have emerged …

managerial talent, relates to organizational performance. Over 18 years of research, a set of consistent patterns have emerged …

testable implications for a range of performance indicators, and exploit these using distinct measures of a firm’s position in …

. A central problem in the literature is that firm performance is affected by two countervailing "spillovers" : a positive …

Support for R&D subsidies relies on empirical evidence that R&D "spills over" between firms. But firm performance is … spillovers have testable implications for a range of performance indicators, and then exploit these using distinct measures of a …