The paper discussedIssues, Challenges and Prospects of Small and Medium Scale
Enterprises (SMEs) in Port-HarcourtCity, Nigeria. This was informedbythe high rate of …

Economists have shown that large and persistent differences in productivity levels across
businesses are ubiquitous. This finding has shaped research agendas in a number of fields …

We show that firms with higher levels of organizational capital (OC) exhibit higher levels of
tax avoidance and that shareholders view tax avoidance of high OC firms as value …

This paper contributes to the literature by examining the impact of different forms of state
ownership on corporate innovation and the moderating effects of environmental, social, and …

Reinforcement learning algorithms describe how an agent can learn an optimal action policy
in a sequential decision process, through repeated experience. In a given environment, the …

The pace of job reallocation has declined in the United States in recent decades. We draw
insight from canonical models of business dynamics in which reallocation can decline due to …

We develop a model of banking industry dynamics to study the quantitative impact of
regulatory policies on bank risk‐taking and market structure. Since our model is matched to …

This paper explores the relationship between innovation and firm growth for firms of different
ages. We hypothesize that young firms undertake riskier innovation activities which may …

The pace of business dynamism and entrepreneurship in the US has declined over recent
decades. We show that the character of that decline changed around 2000. Since 2000 the …

We build a model of firm-level innovation, productivity growth, and reallocation featuring
endogenous entry and exit. A new and central economic force is the selection between high …