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The long road from capitalism to capitalism the Eastern European economies have made has been paved with many economic problems, but the transition from a command economy into a market economy is likely to become a bumpy ride as well. Apart from the major real economic reforms that have to take...
Persistent link: https://www.econbiz.de/10010275235
Despite its importance, the microeconomics of the international transmission of shocks is not well understood. The conventional wisdom is that relative price changes are the primary mechanism by which shocks are transmitted across borders. Yet traded-goods prices exhibit significant inertia in...
Persistent link: https://www.econbiz.de/10010283375
conclude that neither commercial competition, nor profit expectations, nor the monetary system are stand-alone growth … systematic necessity to net invest due to the interplay of creative destruction, profit maximization, and the need to limit …
Persistent link: https://www.econbiz.de/10011649173
-reported subjective profit evaluations of managers as the dependent variable. I additionally use objective measures to check the validity … objective measures contradict previous results. With the objective measures, the works council effect on profit further … collective bargaining agreement. Further results indicate that the subjective profit measure is a poor measure of actual profits …
Persistent link: https://www.econbiz.de/10010294705
The internationalisation of corporate R&D opens up the chances to participate in international knowledge sharing. This increasingly motivates firms to accelerate the pace and extent of their international R&D activities in order to enhance innovativeness and consequently competitiveness and...
Persistent link: https://www.econbiz.de/10010304333
will bring on a path to sustainability. That is true for economic targets (high profit, high competitiveness, low …
Persistent link: https://www.econbiz.de/10010306151
Persistent link: https://www.econbiz.de/10011295208
has a negative or no effect. Education, age, being male, and firm size are all positively related to profit, while young …
Persistent link: https://www.econbiz.de/10010325780
words for profit have changed during the transformation after 1989. In the socialist period capitalist profit maximization … is stereotypically damned whereas socialist profit remains rather an internal matter of the enterprises. In the 1990ies … both the profits of particular enterprises and the general notion of profit become a public matter. In specialized and …
Persistent link: https://www.econbiz.de/10010329809
relationship to size requires untangling cost and profit from decisions about risk versus expected-return because both cost and … profit are functions of endogenous risk-taking. This chapter gives an overview of two general empirical approaches to …
Persistent link: https://www.econbiz.de/10010334246