In the New Economy, the network is considered as more important than the firm itself. In this paper the focus is on chain networks which include vertical networks among chain members, horizontal networks with peers, and networking with third parties. Networks have an important role in the...

Most U.S. farm households have either the operator or spouse working off-farm for wages and salaries or proprietorships. Additionally, off-farm income continues to grow as a share of total household income. Little is known about how changes in local industrial composition impact off-farm labor...

As national economies have integrated through removal of trade barriers, the potential for offshoringproduction was quickly recognized as a strategy to enhance firm performance. At thesame time, labor market reforms opened the door for outsourcing of labor services to specialistfirms that supply...

This paper presents a dynamic theory of structural change in which functional changedriven by technological change and transactional change open opportunity for change inscale and scope of enterprises. Implementation of change in scale and scope ofenterprises is constrained by initial state...

This paper addresses changes in capital formation by testing the importance of location factors with respect to the rate of establishment births and deaths in U.S. manufacturing, 2000–2004. A theoretical concept called “localized creative destruction” is tested as a mechanism to explain...

Attracting manufacturing investment remains a viable regional development policy. Previous research in the location literature has informed policymakers which factors are most important for attracting new firm investment. Far less is known about the dynamics of firm death and the possible...