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This paper studies how an institution such as markets affects the evolution of mankind. My key point is that the forces …
Persistent link: https://www.econbiz.de/10010262480
This research suggests that a Darwinian evolution of entrepreneurial spirit played a significant role in the process of … economic development and the dynamics of inequality within and across societies. The study argues that entrepreneurial spirit … evolved non-monotonically in the course of human history. In early stages of development, risk-tolerant, growth promoting …
Persistent link: https://www.econbiz.de/10010282576
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This paper offers a rationale for limiting the delegation of (real) authority, which neither relies on insurance arguments nor depends on ownership structure. We analyse a repeated hidden action model in which the actions of a risk neutral agent determine his future outside option. Consequently,...
Persistent link: https://www.econbiz.de/10010262786
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With the emergence of new organizational forms promoting de-layering, downscoping, and self-management, middle managers have been under attack in recent years. Organizational design has traditionally been concerned with how top management designs organizations, and little is known about the role...
Persistent link: https://www.econbiz.de/10012027018
This point-of-view article examines the organizational implications of the UK's exit from the European Union (Brexit). We identify the effects of Brexit on firms' transaction costs in cross-border trade within Europe and highlight the importance of EU residency to secure licenses to operate. We...
Persistent link: https://www.econbiz.de/10012027019
Design thinking has been adopted by organizations in all sectors of the economy. In this qualitative study, I explore organizations' goals in adopting design thinking, the challenges such programs encounter, and the approaches they have taken to deal with these challenges. I find that unclear...
Persistent link: https://www.econbiz.de/10011972897
Increasingly, organizations are assessing their opportunities, developing and delivering products and services, and interacting with customers and other stakeholders digitally. Mobile computing, social media, and big data are the drivers of the future workplace, and these and other digitally...
Persistent link: https://www.econbiz.de/10011859856