Nowadays it becomes obvious that entrepreneurship and economic performance are closely linked. 

In economic literature, the competitive advantage’s relevance is still debatable.

The supply chain is a system coordinated by organizations, humans, activities, information and resources involved in the movement of a product in a physical and virtual manner from the supplier to the client. The activities from the supply chain transform raw materials and components in a...

An externality exists whenever a transaction creates a cost or a benefit for a party not directly involved. Pollution, such as smoke emitted into the air or sewage poured into the water is an externality. In this paper I analyze the differences between Neo-classical and Austrian School of...