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Influence of outsourcing on innovativeness and characteristics of hotel enterprises in the Dubrovnik-Neretva county
Dulčić, Želimir; Klepić, Zdenko; Vučur, Goran - In: International journal of business and economic sciences … 8 (2015) 3, pp. 83-96
Purpose - The paper aims to explore the application of outsourcing in hotel enterprises in the ubrovnik-Neretva County …. The purpose of the paper is to explore the correlation between outsourcing and innovativeness of hotel companies. Design …/methodology/approach - The hypothesis is that an increase in the level of outsourcing is related to a higher degree of innovation of hotel …
Persistent link: https://www.econbiz.de/10011434302
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Relational Contract Theory and Management Contracts : A Paradigm for the Application of the Theory of the Norms
Diathesopoulos, Michael D. - 2012
This paper examines management contracts as a paradigm for the application of relational contracts theory and especially of the theory of contractual and relational norms. This theory, deriving from Macauley's implications, but structured and analysed by I.R. MacNeil gives us a framework for the...
Persistent link: https://www.econbiz.de/10013116026
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Network Prominence, Bargaining Power, and the Allocation of Value Capture Rights in Alliance Contracts
Ozmel, Umit - 2016
client captures in an alliance contract. The bargaining power that the R&D firm attains from its prominent position in …, contributing to the literature on strategic alliances, bargaining, and contract design …
Persistent link: https://www.econbiz.de/10013007267
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Cooperation and Mistrust in Relational Contracts
Herz, Holger - 2016
Work and trade relationships are often governed by relational contracts, in which incentives for cooperative action today stem from the prospective future benefits of the relationship. In this paper, we study how reductions in clarity about the financial consequences of actions, induced by...
Persistent link: https://www.econbiz.de/10012984557
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Contracting with Opportunistic Partners : An Incomplete Contracts Approach
Casas-Arce, Pablo - 2016
After a contract is signed, contracting partners may engage in opportunistic behavior that circumvents the original … contract). We use an incomplete contracts approach to show that the anticipation and observability of such behavior are … conditions for the optimality of incomplete contracts, a simple characterization of the second-best contract, and some …
Persistent link: https://www.econbiz.de/10012985153
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The 2016 Nobel Memorial Prize in contract theory
Schmidt, Klaus M. - 2017
Nobel for their fundamental contributions to contract theory. This article offers a short summary and discussion of their …
Persistent link: https://www.econbiz.de/10011626725
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Managementul omnipotent şi puterea stimulentelor etatiste. Hazard moral în interiorul corporaţiei moderne
Mihaela, Iacob; Octavian-Dragomir, Jora - In: Revista OEconomica (2012) 01
The logic of agency problems is that “legally” the principals are (institutionally) hampered from configuring or securing the contractual precautions they wish to enforce out of those available in a pure free market. We review topics pointing that omnipotent management phenomenon is not a...
Persistent link: https://www.econbiz.de/10010965625
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Cooperation and Mistrust in Relational Contracts
Herz, Holger - 2016
Work and trade relationships are often governed by relational contracts, in which incentives for cooperative action today stem from the prospective future benefits of the relationship. In this paper, we study how reductions in clarity about the financial consequences of actions, induced by...
Persistent link: https://www.econbiz.de/10012981595
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Trust and Formal Contracts in Interorganizational Relationships - Substitutes and Complements
Madhok, Anoop; Mellewigt, Thomas; Weibel, Antoinette - 2007
We hypothesize that trust is a moderator of the direct relationship between control and coordination concerns and the extent of contracting. Our results suggest that high trust weakens the positive relationship between control concerns and the extent of contracting, but reinforces the positive...
Persistent link: https://www.econbiz.de/10014028759
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Policies supporting innovation in the European Union in the context of the Lisbon strategy and the Europe 2020 strategy
Gajewsk, Marek - In: Comparative Economic Research. Central and Eastern Europe 20 (2017) 2, pp. 109-127
In the context of increasing globalization, global competition and rapid change the EU sees innovation and its commercialization as an effective way to build long-term global competitive advantage. Innovation policy is a link between research and technological development policy and industrial...
Persistent link: https://www.econbiz.de/10011922454