The purpose of this paper is to shed more light on the value of qualitative research methods as a heuristic research tool that could provide a better understanding of the small- and medium-sized enterprises (SMEs) and the basic/key role played by the owner/manager/entrepreneur in the...

The number of companies that have adopted Six Sigma has been increasing continuously because of the importance of quality management. Since the introduction of Six Sigma in 1996, many service and manufacturing companies in Korea have taken advantage of it though some failed to implement it. At...

This paper explains determinants of FDI levels in Bulgaria by comparing cluster theory and traditional theories of international production. The results obtained may add another perspective on future development of entrepreneurship in Bulgaria and other transition economies. The research...

This paper investigates the effect of investor protection, political stability, financial development, trade openness, education and legal openness of foreign direct investment (FDI) regimes on forms and ownership of FDI in host countries. Host countries with stronger investor protection, more...

Textile and clothing (T&C) industry has experienced important developments since 1994. The most important is that Agreement on Textiles and Clothing (ATC) signed (1994) under supervision of World Trade Organization. The system governing T&C trade for more than 40 years has expired by means of...

In this article, we propose a new approach for pricing futures contracts more efficiently. We show that the coefficients of the pricing partial differential equation can be estimated directly from the data. We reduce the number of functions to be estimated as well as the computational cost....

This article presents, examines and appraises the social, historical, economic and political realities of Greece from the mid-19th century to delineate and define those important turning points and features that have operated in placing the country between developing and developed nations. The...

In the q theory approach, the firm faces convex costs of adjustment and equals the marginal valuation of a unit of capital, with the marginal cost of investment. In the irreversible investment literature, the firm must consider future opportunities and costs because capital expenditures are at...

Using threshold cointegration and error-correction model, this paper has investigated the channels through which Africa (proxied by South Africa) can boost its economic growth via its trade with East Asia (represented by China). The results support threshold cointegration and non-linear...