Empirical Analysis on the Interaction between Corporate Dynamics, Cultural Context and Economic Growth
DOI:
https://doi.org/10.52731/lbds.v004.283Abstract
This study delves into how corporate dynamics relates to economic growth, particularly in terms of company entry, withdrawal, and integration. While cultural influences are recognized in prior research, a thorough investigation is absent. This study proposes that collaboration and Merger and Acquisitions (M&A) activities are key to activating dynamics, supported by empirical evi-dence of socio-economic cultural impacts. Through comparing the unique patterns of Japanese companies with those in the United States, it sheds light on the link between corporate dynamics and economic growth.
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