How efficiently do countries translate scientific and technological excellence into export comparative advantage? Here the use of science and technology in generating exports is first modelled as a two-stage process. A variant of linear programming (data envelopment analysis, DEA) is then...

How can companies best integrate their marketing function with research and development? As product life-cycles and development cycles become ever shorter, and as increasing proportions of R&D are outsourced, linking the marketplace with the laboratory becomes both crucially important and...

Managing New Product Development and Innovation provides a new approach to the microeconomics of innovation by measuring the technical quality of new products and guiding the managers of innovation and technology in the central considerations of today's knowledge-based companies. The volume...

When the structure of tax revenues–the proportion of revenues earned by income, consumption and wealth taxes–is treated as a pure public good, a useful framework emerges for analyzing interrelationships among taxpayers' preferences, tax structure and tax reform. The...

Foran objective function, how should each argument be assigned itsappropriate role in the change of the objective function, whenthe arguments are interrelated? In this paper, it is shown thatthe commonly used approaches may lead to results contradictoryto straightforward economic reasoning, and...