The suggested changes to German orthography are among last year's most fervently debated topics. The article identifies the individual and collective costs and benefits of such a change and, from the point of view of standardization economics, inquires into the conditions under which such a...

Quite a few economists hold the opinion that exorbitant prices paid for original works of art reflect an irrational cult made of unique pieces created by renowned artists; (close to) perfect copies would yield comparable benefits at a substantially lower price. The article gives reasons for the...

In this paper, recent accounting scandals in Germany are traced back to a serious incentive problem in German auditing law. Since the auditor depends economically on his client, contrary to the legislator's intention, a factual forcing contract is established which enables the client to control...

Biotechnology is considered as one of the key high-technology sectors in the future. It has been increasingly accepted that small, innovative businesses were the major stimulus for the development of this emerging industry. Many studies on new entrepreneurial entrants in biotechnology are mainly...

Because of the high degree of technological complexity and the increasing convergence of new technologies, it is becoming more and more difficult to develop advanced products for those companies who solely rely on their own in-house 'core competencies'. One possible response made to these rising...

Vor dem Hintergrund der hohen Bedeutung von Kooperationen in der Forschung und Entwicklung (FuE) in der Biotechnologie-Branche analysieren die Autoren mit einer empirischen Untersuchung relevante Einflussfaktoren auf die Effizienz von zwischenbetrieblichen FuE-Projekten. Basierend auf...

Vor dem Hintergrund der hohen Bedeutung von Forschungs- und Entwicklungskooperationen in der Biotechnologie analysieren die Autoren mit Hilfe einer empirischen Analyse die wesentlichen Einflussfaktoren auf das Management von zwischenbetrieblichen Entwicklungsprojekten. Basierend auf...