To stay on top of global competition, firms and governments often need to acquire innovative goods and services, including ideas and research, from their strategic suppliers. A careful design of procurement policy is crucial to make potential suppliers generate and sell the most suitable...

This paper examines the benefits of knowledge sharing in virtual teams of companies in Malaysia. The paper also looks into the barriers that prevent or prohibit the practice of knowledge sharing in virtual teams within an organisation. There are basically three types of barriers discussed in...

From the foreword by Howard W. Johnson: "Philip Sporn's long and distinguished career has been at the interface of economics, engineering, and management. His accomplishments as an engineer, an engineering manager, and finally as an executive, have been marked by an innovative approach to...

Firms reduce the marginal cost of communicating technical knowledge by “formalizing” it in standards, dominant designs or other ways. But this only pays when new technology is sufficiently developed. In a simple model with endogenous communication costs, two equilibria emerge. With...

We measure the impact of a drastic new technology for producing steel, the minimill, on the aggregate productivity of U.S. steel producers, using unique plant-level data between 1963 and 2002. We find that the sharp increase in the industry's productivity is linked to this new technology, and...

This document forms a record of a workshop held on 16 January 2006, aimed at examining the mechanisms underlying cross-country convergence of per capita GDP, to what extent they operate in practice, and the implications for policies, including those requiring plausible long-term projections of...

A new economic order based on globalisation and localisation processes has changed the fundamental economic systems. This resulted in a severe recession in the mid 1990s in Finland. In order to overcome the economic recession, the government and industry began to emphasise technology and...

A new economic order based on globalisation and localisation processes has changed the fundamental economic systems. This resulted in a severe recession in the mid 1990s in Finland. In order to overcome the economic recession, the government and industry began to emphasise technology and...

This article analyzes the concept of value co-creation, which has arisen due to the combination of various modern influences - including economic globalization, changes in consumers’ buying habits, and the emergence of the Internet and social media - that have changed the way companies...