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Full-Text Articles in Business
Is Boston Becoming A Branch-Plant Town?, Lawrence Franko
Is Boston Becoming A Branch-Plant Town?, Lawrence Franko
New England Journal of Public Policy
A decade ago, Boston appeared to be emerging as a headquarters city for a large number of world-class enterprises. Notwithstanding the recovery from the early-1990s recession, and a thriving entrepreneurial economy of business acorns, Boston today seems on its way to becoming largely a branch-plant town. None of the 1980s Massachusetts Miracle saplings or the more recent acorns have grown into mighty corporate oaks headquartered here. This article discusses the risks of having our current prosperity increasingly based on branch plants acquired or established by firms centered elsewhere. Its concern is based on the proposition that having big-business corporate headquarters …
Firm Size And R&D; Testing The Schumpeterian Hypothesis, Melissa Goodwin
Firm Size And R&D; Testing The Schumpeterian Hypothesis, Melissa Goodwin
University Avenue Undergraduate Journal of Economics
This paper aims solely to look at the question of R&D, research and development, expenditure. More specifically, this paper asks the question, "What is the relationship between the size of the firm and R&D? And do larger firms spend more on R&D relative to their size than smaller firms?" The answers to these questions have important implications concerning a firm's incentives for growth and innovation. These answers will also put us a step closer to understanding the functions performed by firms as Coase suggests.