1. Essex Business School Elmer Approach University of Essex SS1 1LWSouthend‐on‐Sea United Kingdom
2. Faculté de Droit, d'Economie et de Finance University of Luxembourg 162 A, avenue de la FaïencerieL‐1511Luxembourg Luxembourg
3. Centre for European Economic Research (ZEW) L7 168161Mannheim Germany
4. Department of Managerial Economics Strategy and Innovation, K.U. Leuven Leuven Belgium
5. School of Management Royal HollowayUniversity of London Egham Hill EghamTW20 0EXSurrey United Kingdom
6. UNU‐MERIT Boschstraat 246211 AXMaastricht The Netherlands