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The aim of the study is to analyze the actual demand of SMEs from the Baltic Sea region for innovation support. The … results of the conducted study can help formulate recommendations designed to increase innovation and competitiveness of SMEs … in the Baltic Sea Region in the future. Research activities of this study include: the evaluation of innovation level of …
Persistent link: https://www.econbiz.de/10009323491
innovation in business has been done …
Persistent link: https://www.econbiz.de/10009325653
The remarkable influx of Chinese migrant entrepreneurs in different West African countries in recent years has been met with growing resistance by established local entrepreneurs. Whether the former have a competitive edge over the latter because of distinctive socio-cultural traits, or whether...
Persistent link: https://www.econbiz.de/10008568371
The authors demonstrate a problem of innovation support by business support institutions (BSIs) operating in the market … sources of financing. The situation requires further research on the causes of such a low utilisation of BSIs’ innovation …
Persistent link: https://www.econbiz.de/10011258483
Practically, there is no human activity without being connected with some form of risk. A complexity of the activity is in a close connection with the risk level and, as a rule, the greater complexity leads to a greater risk. The importance of risk is stressed to a large extent in some sectors,...
Persistent link: https://www.econbiz.de/10005836609
Creative accounting, the bankruptcy of many companies, and ongoing litigations made rapid rebuilding of investor relations imperative. Growing importance of institutional investors, who have high information needs, also impacted this process. Thus, the needs for communication with investors and...
Persistent link: https://www.econbiz.de/10008534531
Rating agencies report ordinal ratings in discrete classes. We question the market’s implicit assumption that agencies define their classes on identical scales, e.g., that AAA by Standard & Poor’s is equivalent to Aaa by Moody’s. To this end, we develop a non-parametric...
Persistent link: https://www.econbiz.de/10011183045
The credit rating agencies in the sphere of international finance and the global economy in general perform an important information function. Nevertheless, their activity has been largely discredited recently due to the big number of internal and external factors. Without claiming to solve all...
Persistent link: https://www.econbiz.de/10011111776
The paper examines the impact of credit rating on capital adequacy ratios of Indian state-owned banks using quarterly data for the period 1997:1 to 2002:4. To this end, a multinomial logit model with multi credit rating indicators as dependent variable is estimated. The variables that can...
Persistent link: https://www.econbiz.de/10008565423
In this paper, we continue to explore the equilibrium theory under ambiguity. For a model of a pure exchange and asymmetric information economy with a measure space of agents whose exogenous uncertainty is described by a complete probability space, we establish a representation theorem for a...
Persistent link: https://www.econbiz.de/10011210851