Dynamics of Balance of Payment developments are still barely researched. Chapter 1 tries to summarize empirical evidence between institutional determinants and BoP movements and proposes a framework for the role of institutions in a debt cycle. It is found that “good” institutions do help a...

While firms increasingly adopt open innovation, little is known about whether firms gain or lose from this innovation approach. Motivated by this research gap in the literature, the thesis explores the antecedents and performance implications of open innovation strategies, particularly...

Like in several sectors of consumer demand, attitudes, believes, and the political environment may also influence the worldwide demand for tourism. Consequentially, this thesis concentrates on a wider range of determinants including non-economical factors of tourism demand and supply in both the...