Size, age and firm growth in an infant industry: the computer hardware industry in India

Article Abstract:

The characteristics of an infant industry in a developing economy are analyzed. Using the young but rapidly growing computer industry in India as the basis for the study, it is shown from a survey of firms covering the period 1983-1988 that factors such as age, size and lagged size act affect growth in a manner that is contrary to findings derived from studies using mature economies as subjects. In the case of India, age has a positive relationship with growth while size has a negative relationship.

Electronic computers, Computers, Electronic Computer Manufacturing, Research, Industry Overview, Computer industry, Economic aspects, Economic development, India, Corporate growth

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Host-country policy, transfer pricing and ownership distribution in international joint ventures: a theoretical analysis

Article Abstract:

The concept of joint venturing is examined using a model of an international business venture wherein stock ownership is identified as the output of Nash bargaining between the host company and the multinational firm. Equity distribution has been found to be affected by transfer pricing policies of multinationals and the tax policies of the host government. The model does not take into account relevant factors such as tax holidays.

Multinational Corporations, International business enterprises, Joint ventures, Transfer pricing

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Dynamics of entry and exit of firms in the presence of entry adjustment costs

Article Abstract:

A simple heterogeneous-firm dynamic model with entry adjustment costs is proposed. The model allows short-run and long-run characterization of industry dynamics in an analytical framework. This is afforded by the entry adjustment costs that suggest a non-instantaneous adjustment path to the steady state. The fixed entry costs and the entry adjustment costs are found to determine the qualities of the steady state.

Organizing Business, Barriers to entry (Industrial organization), Barriers to entry, Industry, Industries, Industrial management, Reengineering (Management), Economic stagnation

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