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The current financial turmoil has led many writers in the area of Islamic finance to revive an old edict in Islamic finance – no risk, no gain. I have discussed this axiom in my earlier writings and have not come across anything in recent advocacy of its proponents that could make me change my...
Persistent link: https://www.econbiz.de/10011109190
either breed the exploited party or educate the exploited party not to detect exploitation. Thereby a higher productivity … than cooperation or prisoners´ dilemma is achieved. The higher productivity is a benefit for the group and one party on the …
Persistent link: https://www.econbiz.de/10008595615
We develop a simple estimator for production functions in the presence of endogenous productivity change that allows us … to retrieve productivity and its relationship with R&D at the firm level. Our dynamic investment model can be viewed as a … generalization of the knowledge capital model (Griliches 1979) that has remained a cornerstone of the productivity literature for …
Persistent link: https://www.econbiz.de/10005836877
This paper presents the results of long run labour productivity and GDP growth rate projections (until 2050) for each … employment and labour productivity. These base case projections reflect the working assumption of “no policy change … population is fairly limited, although it is accepted that the labour productivity of an individual is likely to decline after …
Persistent link: https://www.econbiz.de/10005619654
interweaved with the adoption of OLRT computing in Sweden and the UK (alongside a running comparison of similar developments in … Europe. In documenting cases of organizational change in Sweden and the UK, we depart from predominant view that considers …
Persistent link: https://www.econbiz.de/10008756282
In this paper we describe the first decades of the history of the Swedish ATM (Automated teller machine). Sweden was …
Persistent link: https://www.econbiz.de/10008756288
The paper, mostly empirical in nature, investigates issues on cross-national new information and communication technologies (ICTs) adoption patterns and growth directions. In the period of 2000-2010, a great number of countries underwent substantial changes on the field of ICTs implementation....
Persistent link: https://www.econbiz.de/10014147305
Technical advances in retail banking have had profound repercussions for the competitiveness of individual firms and for the sector as a whole. This paper looks at the role played by new technological resources within the context of organizational change and the products and services offered by...
Persistent link: https://www.econbiz.de/10011259699
The main purpose of the paper is to analyze different channels for innovations. We consider the influence of various incentives for innovation in Russian companies taking into account the organization of industries — vertical or horizontal orientation, peculiarities of corporate demography,...
Persistent link: https://www.econbiz.de/10014153492
experiencing the shortage of labour as indicated by higher marginal productivity of labour and increasing trend of mechanisation …
Persistent link: https://www.econbiz.de/10011260091