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In 1931, during one of the worst economic crises in US history, Du Pont announced the discovery of an innovative rubber synthetic product - neoprene. Yet at the time of the announcement, Du Pont did not have any neoprene to sell. Manufacturing facilities were still being erected and production...
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The article investigates the impact and efficiency of bureaucracy on the development of small and medium-sized enterprises (SMEs) in the European Union (EU). For this purpose, the article applies a non-parametric approach, i.e. data envelopment analysis (DEA), to assess the best performers in...
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