This paper extends the standard Hotelling model with quadratic transport costs to the multi-firm case. Considering locational equilibria we show that neither holds the Principle of Maximum Differentiation - as in the duopoly model - nor does the Principle of Minimum Differentiation - as in the...

Since the 1950s our modern society has been in a stage of transformation. The grounds of economic action have been changed due to radical technological transformation in microelectronics, biotechnology, and the development of new manufacturing as well as socio-cultural changes. (...)

Die Branche ist gefordert. Kreative, flexible und finanzierbare Lösungen sind nötiger denn je. Dieser Beitrag verdeutlicht, dass strategische Wertschöpfungspartnerschaften und strategische Versicherungsnetzwerke derartige Lösungen offerieren können und den beteiligten...

This paper deals with the the thesis that bigger wage differentials might also give rise to less co-operation and more politicking amongst workers resulting in worse outcomes.

Für die Auswahl geeigneter Wachstumsstrategien ist zuerst eine objektiveAnalyse des eigenen Unternehmens sowie der Wettbewerbssituationin der eigenen Branche und gegebenenfalls in angrenzenden Branchenerforderlich. Dazu dient beispielsweise ein Benchmarking mit Kennzahlen.Einen ersten...

An emerging literature on international activities of heterogeneous firms documents thatexporting firms are more productive than firms that only sell on the national market. Thispositive exporter productivity premium shows up in a large number of empirical studies aftercontrolling for observed...

The main objective of this study is to investigate the impact of corporate R&D activities onfirms’ performance, measured by labour productivity. To this end, the stochastic frontiertechnique is applied, basing the analysis on a unique unbalanced longitudinal datasetconsisting of 532 top...

We prove that the change in welfare of a representative consumer is summarized by thecurrent and expected future values of the standard Solow productivity residual. Theequivalence holds if the representative household maximizes utility while taking pricesparametrically. This result justifies TFP...

Very little is known about the effectiveness of SME policies, and a careful look at thestructure, mechanisms and incentives provided by these policies suggest caution in theirimplementation and, most importantly, the need to carefully and closely monitor their results.This paper relies on the...

Many organizations rely on teamwork, and yet field evidence on the impacts of team-basedincentives remains scarce. Compared to individual incentives, team incentives can affectproductivity by changing both workers’ effort and team composition. We present evidencefrom a field experiment...