This book examines driving factors and the effects of globalisation on economic development through firm and product level data. The book is organised into four themes i.e. productivity, innovation, wage and income gap, and within-firm reallocation of resources. The comprehensiveness and richness of firm and product level data shed light upon the channels through which trade and investment affect firm’s competitiveness and unveil factors shaping firms’ heterogeneous responses towards globalisation. The book looks at Asian economies as well as Australia and how they have experienced substantial structural change and become more integrated into the global economy and will be a useful reference to those who are interested to learn more about the relationship between globalisation and firm performance. This book will appeal to policy makers and researches interested in the impact of globalisation on firm performance.