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Université de Fribourg

Recent Policy Developments Regarding Foreign Investment

Gugler, Philippe

In: Información Comercial Española, 2019, no. 909, p. 23-35

This contribution identifies the main recent patterns affecting the international investment policy landscape. It reflects the main developments and challenges that call for reforms at national and international levels and comprises three parts. The first part is dedicated to national investment policies promoting or restricting international investments. The second covers the developments...

Université de Fribourg

Regional and Global Strategies of MNEs : Revisiting Rugman & Verbeke (2004)

Rosa, Benjamin ; Gugler, Philippe ; Verbeke, Alain

In: Journal of International Business Studies, 2020, vol. 51, p. 1045-1053

We describe the extent to which the world’s largest companies (in terms of revenues), achieve sales around the globe, and have been able to penetrate markets outside of their home region. We try to answer the following question: Has there been a recent increase in the world’s largest firms achieving a global sales orientation, meaning a balanced, global distribution of sales? Rugman &...

Université de Fribourg

The Role of Clusters in the Global Innovation Strategy of MNEs : Theoretical Foundations and Evidence from the Basel Pharmaceutical Cluster

Gugler, Philippe ; Keller, Michael ; Tinguely, Xavier

In: Competitiveness Review, 2015, vol. 25, no. 3, p. 324-340

Purpose – This paper aims to focus on the role of clusters as home and host country- specific advantages for multinational enterprises (“MNEs”) in the organization of their internal and external networks to optimize the diffusion and generation of new knowledge. Strategic asset-seeking investment has been a major driver of the internalization of innovation activities performed by MNEs...

Université de Fribourg

Communication and Coordination in a Two-Stage Game

Bjedov, Tjasa ; Madiès, Thierry ; Villeval, Marie Claire

In: Economic Inquiry, 2016, vol. 54, no. 3, p. 1519-1540

We study the impact of communication on behavior in a two-stage coordination game with asymmetric payoffs. We test experimentally whether individuals can avoid a head-to-head confrontation by means of coordinated strategies. In particular we analyze whether and how quickly a conflict-avoidance take turn strategy can emerge. First, our results show that players learn to solve the conflict by...

Université de Fribourg

Does Decentralization of Decisions Increase the Stability of Large Groups?

Bjedov, Tjaša ; Lapointe, Simon ; Madiès, Thierry ; Villeval, Marie Claire

In: Social Choice and Welfare, 2018, vol. 51, p. 681-716

Using a laboratory experiment with nested local and global public goods, we analyze the stability of global groups when individuals have the option to separate, according to the degree of decentralization of decision-making. We show that increasing the number of decisions made at the local level within a smaller group reduces the likelihood that individuals vote in favor of a configuration...

Université de Fribourg

Gross Versus Net Equalization Scheme in a Federation with Decentralized Leadership

Breuillé, Marie-Laure ; Madiès, Thierry ; Taugourdeau, Emmanuelle

In: Journal of Urban Economics, 2010, vol. 68, no. 2, p. 205-214

This paper compares the impact of two equalization transfer schemes on regional budgetary choices: a gross equalization scheme, where ex-post transfers to regions are financed from federal tax revenues, and a net equalization scheme, where region- to-region ex-post transfers allocated by the federal government are self-financed. The net equalization scheme reduces ex-post federal intervention...

Université de Fribourg

Assessing the Competitiveness of Locations : a Journey Through the Major Theoretical Insights

Gugler, Philippe

In: Economics and Business Review, 2019, vol. 5, no. 3, p. 16-34

The concept of competitiveness has been addressed by economic theorists and policy makers for several hundreds of years, with both groups trying to understand the drivers of economic prosperity and social welfare. This contribution does not aim to address all theoretical thoughts that may contribute to understanding the roots of the competitiveness of locations. The goal is to address the...

Université de Fribourg

Spatial Agglomeration and Specialization in Emerging Markets : Economic Efficiency of Clusters in Thai Industries

Resbeut, Mathieu ; Gugler, Philippe ; Charoen, Danuvasin

In: Competitiveness Review: An International Business Journal, 2019, vol. 29, no. 3, p. 236-252

Purpose – The paper aims to investigate the role of specialization and agglomeration forces on industry performance in an emerging market, namely, Thailand. In particular, the impact of clusters and the influence of complexity will be tackled. Design/methodology/approach – The methodology used is based on the work of Delgado et al. (2014). Industries and clusters are assigned to a certain...

Université de Fribourg

Emerging Countries’ Country-Specific Advantages (CSAs) and Competitiveness of Emerging Market Multinational Enterprises (EMNEs)

Gugler, Philippe

In: Competitiveness Review, 2017, vol. 27, no. 3, p. 194-207

Purpose – A significant stream of literature focuses on host countries’ locations when explaining why firms internalize some of their activities in specific countries. At first glance, home location schemes and specificities seem to have attracted less attention in the scientific community. The purpose of this contribution is to provide a literature review linked to the specific issue of...

Université de Fribourg

Impact of Clusters on Regional Economic Performance : a Methodological Investigation and Application in the Case of the Precision Goods Sector in Switzerland

Resbeut, Mathieu ; Gugler, Philippe

In: Competitiveness Review, 2016, vol. 26, no. 2, p. 188-209

Purpose – This paper aims to examine the methodology used to identify clusters on the one hand and assess the economic impact that those may have on regions on the other hand. Design/methodology/approach – The influential work on “clusters”lead by Michael Porter since the 1990s has become a tool for promoting innovation and growth at national and regional level. Even if the theory has...