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Although most of the predicted consequences of the internet-revolution in the 90s did not become reality, the internet has lead to sustainable hanges in the organization of most industries. In particular, this is true for business-to-business (B2B) relations between firm. An obvious `proof' for...
Persistent link: https://www.econbiz.de/10005134485
The financial systems in continental Europe are moving from bank intermediation to intermediation by non-bank institutional investors. The present paper examines to what extent this implies a substitution of relationship finance by arm’s length finance or just of one form of relationship...
Persistent link: https://www.econbiz.de/10005134639
The financial systems in continental Europe are subject to profound changes in the institutions of market exchange. Banks traditionally holding close relationships with firms are substituted by non-bank institutional investors. The present paper examines whether this implies a substitution of...
Persistent link: https://www.econbiz.de/10005134668
The financial systems in continental Europe are subject to profound changes in the institutions of market exchange. Banks traditionally holding close relationships with firms are substituted by non-bank institutional investors. The present paper examines whether this implies a substitution of...
Persistent link: https://www.econbiz.de/10005134829
Arithmetically each level of human generation contributes to 6.72 generations of Computer upgrading. But, this effect could pay back to the human society only by tuning the corporate infrastructure to utilise these computer innovations optimally. The future computer electronics works towards...
Persistent link: https://www.econbiz.de/10005118719
Platform sharing across manufacturers has recently become common practice in the automobile industry. Its important objective is to reduce procurement costs by taking advantage of the commonality of components, but this often reduces the degree of product differentiation. We investigate this...
Persistent link: https://www.econbiz.de/10005561374
Wine brokers are wholesale intermediaries. They belong to the category of the matchmaker intermediaries. These middlemen are not well known. Their role is to help buyers and sellers of bulk wine to meet and transact. Assuming that wine merchants appeal to brokers because they reduce transaction...
Persistent link: https://www.econbiz.de/10005561471
leaders combined patents and secrecy to deter entry. Patents were also used to within cartels to organize technology licensing … chemical producers use licensing as an important means of generating revenue from process innovations. The increased importance … of technology licensing is closely related to the emergence of a class of specialized process design and engineering …
Persistent link: https://www.econbiz.de/10005561470
In 1999, the Commonwealth Government referred the Broadcasting Services Act and related legislation to the Productivity Commission for inquiry and report within twelve months. The inquiry stems from the Government’s commitment under the Competition Principles Agreement to review legislation...
Persistent link: https://www.econbiz.de/10005135116
Though widespread, the practice of public subsidies for cultural activity lacks a rigorous and consistent economic rationale. We analyze a canonical market structure that characterizes much cultural activity: the competition of mass-produced goods with heterogeneous non- standardized goods that...
Persistent link: https://www.econbiz.de/10005125963