Management Miscellaneous Articles, Papers, Case Studies, Examples

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A Schumpeterian Perspective on Service Innovation

Many years after services outdistanced manufacturing from an employment viewpoint, manufacturing continues to lead economic analyses, including innovation studies. As a response to this a new strand of service innovation research has surfaced within the ...

Gatekeepers in Regional Networks of Innovators

Strong connection of innovative actors within a local network is often thought to increase the region-specific knowledge-stock, resulting in a comparative advantage. Nevertheless, it might also result in a lock-in scenario, if local trajectories are ...

Industrial Dynamics Why Connections Matter

It's been revealed that users occasionally innovate. In spite of this, it can now be noticed that even end-consumers act as a source novel product designs. A case study of a company, and “its” consumers ...

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Multinational Corporations as a Vehicle for Productivity Spillovers in Turkey

This paper examines the role of multinational corporations (MNCs) as the creator and diffuser of new and superior technologies. If these firms fulfil this attributed role, then they are expected to generate some spillovers to ...

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European Productivity Gaps Is R&D the Solution

This paper investigates the potential impact of increased business R&D efforts in Europe on the total factor productivity gap between European and U.S. industry. The paper addresses Europe’s ambition, expressed at the 2000 Lisbon Summit ...

Patterns and Dependencies of Firm Growth

I discuss and compare alternative approaches to integrating bounded rationality with the theory of economic organization, concentrating on the organizational capabilities approach, which is strongly influenced by the works of Nelson and Winter..

Technology Policy and Cooperation a Paradigmatic Approach

Evolutionary theories of technological change and industrial dynamics give primary importance to interaction between heterogeneous agents, endowed with complementary assets and competencies. Accordingly, support to co-operative R&D is central to technology policy, as a mean ...

Option Pricing in a Fractional Brownian Motion Environment

The purpose of this paper is to obtain a fractional Black-Scholes formula for the price of an option for every t in [0,T], a fractional Black-Scholes equation and a risk-neutral valuation theorem if the underlying ...

The Dynamics of the Organisation of Industry

The paper presents and formalises an approach to the evolution of the organisation of industry which starts from multi-activity firms, and which relates to economists like Young, Stigler, and Richardson. To capture the open-ended process ...

Capabilities and the Theory of the Firm

The current decade has experienced a powerful expansion of work on the firm, both from a capabilities perspective and from a contractual perspective. These two bodies of theories are sometimes regarded as fundamentally different, as ...

Management Miscellaneous Articles, Papers, Case Studies, Examples