FEEM Re3: “The ‘Invisible Role’ of Business Groups is made Evident”
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Business Groups are clusters of legally autonomous firms spanning within and across national borders. They represent a lion’s share of value added generation in both developing and developed economies, yet they have been poorly investigated. This article by Armando Rungi, Assistant Professor – Marie Curie Research Fellow – at the University of Warsaw, and FEEM associate researcher, highlights how they adapt to different institutional environments and how different organization strategies eventually affect performance.
Review of Environment, Energy and Economics – Re3