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The organization of securities markets has not benefited from the feigned attempts of reform presented by authorities since the outbreak of the current crisis. However, speculative opportunities like the risks incurred also depend on the markets on which one operates. The Markets in Financial...
Persistent link: https://www.econbiz.de/10011073693
This work studies the seniority and the hierarchical level of product champions. The hierarchical level is positively correlated to the size of investment of the innovation projects and the level of seniority is positively associated to the most innovative projects. The seniority of champions...
Persistent link: https://www.econbiz.de/10010861514
The dilemma between radical and market innovations is unlighted here by a simulation. Following evolutionist theory and innovation management, an agent-based model issued from genetic algorithm is built. In a perfect world, transformation and selection create dynamics and emergence in an agent...
Persistent link: https://www.econbiz.de/10010905305
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This paper extends and applies principal-agent theory to the performance of donor projects. There is variation in the degree of divergence between the interests of the donor (the principal) and the recipient government (the agent). Further, the effort expended on observation of the agent is a...
Persistent link: https://www.econbiz.de/10011212045
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In our context, a good-reputation manager favors risk when being perceived as good allows to be promoted while risk is observable but not verifiable. Indeed, it renders more difficult the learning process regarding her talent. In turn, this lowers her level of effort since the extent to which...
Persistent link: https://www.econbiz.de/10010706740
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Postmodernism has received much more attention in anglo-saxon litterature on organizations than in french-speaking research. Referring here to Postmodernism as a style of thinking, we discuss about the nature of the postmodern proposition in organization studies. Postmodern research proposes new...
Persistent link: https://www.econbiz.de/10010707053
This study examines the relationship between the status and seniority of product champions, their cultural context and the ability of product champions to enlist top management support for an innovation project. Based on a sample of 82 French and 101 German champions, this work suggests that the...
Persistent link: https://www.econbiz.de/10010707152