Showing 1 - 10 of 118
This chapter analyzes the effect of intangible investment on firm efficiency with an emphasis on its software component. Stochastic production frontier approach is used to simultaneously estimate the production function and the determinants of technical efficiency in the software intensive...
Persistent link: https://www.econbiz.de/10011445859
Austrian Market Process Theory. It is argued that already the theoretical foundations of the cluster concept suffer from severe … driving force. Moreover, it ignores the knowledge requirements and limitations in a modern market economy for any outside … another form of social engineering and picking winners. In the light of the Austrian understanding of the market system as an …
Persistent link: https://www.econbiz.de/10010300387
clusters, hitherto mostly unknown in the agro-food sectors of established market economies. It is shown that agroholdings are … small scale (individual) farm structure has emerged. Parallel to this market-driven development, the Kazakhstani government …
Persistent link: https://www.econbiz.de/10010331247
This paper examines coordination and profit allocation in a profit-center organization using a single transfer price. The model includes compensations, taxes, and minority interests of two divisions deciding on capacity and sales.The analysis covers arm's length transfer prices which are either...
Persistent link: https://www.econbiz.de/10005858524
In this paper we analyse the decision of firms in the Canadian manufacturing sectorto co-operate on innovation projects. Our focus is on the motives behind this decisionand the firm characteristics, both general and with respect to innovation activities,which influence the motives for innovation...
Persistent link: https://www.econbiz.de/10005858911
Promotions serve two purposes. They ought to provide incentives for employees and to select the best employee for a management position. However, if non-contractible managerial decision rights give rise to private benefits and preference misalignment between managers and the firm, these two...
Persistent link: https://www.econbiz.de/10012290340
Among the most prominent theoretical frameworks dealing with the economic underlyings of firms’ make-or-buy decisions are Transaction Cost Economics (TCE) and the Resourced Based View (RBV). Relying on panel data covering 107 European firms over eight years I test predictions from both TCE and...
Persistent link: https://www.econbiz.de/10010427733
New approaches in health care, such as e.g. Integrated Delivery Systems, affect the role and tasks of medical suppliers. More and more, medical suppliers are incorporated into the process of guiding patients to medical specialists and hospitals and thus managing the course of disease. In this...
Persistent link: https://www.econbiz.de/10010427764
We show that team formation can serve as an implicit commitment device to overcome problems of self-control. If individuals have present-biased preferences, effort that is costly today but rewarded at some later point in time is too low from the perspective of an individual\'s long-run self. If...
Persistent link: https://www.econbiz.de/10011932907
This paper shows in two ways that the degree to which free-riding diminishes the performance of deterministic partnerships may be less than has been generally thought. First, a necessary and sufficient condition is provided for a partnership to sustain full efficiency. It implies that many...
Persistent link: https://www.econbiz.de/10012235805