Der Beitrag skizziert das Modell eines revolvierenden Stadtentwicklungsfonds als lokal einsetzbares, problemorientiertes, schlankes und flexibles Instrument in Regie eines Landkreises. Ziel ist es, die Revitalisierung einer mindergenutzten Schlüsselimmobilie im Ortskern zu ermöglichen - für...

Managing changing requirements and complexity is important in enhancing the success of real estate projects. Agile project management provides approaches for adapting processes and working methods accordingly. This study aims to identify the potentials and challenges of agile project management...

We study the composition of bank loan portfolios during the transition of the real sec-tor to a knowledge economy where firms increasingly use intangible capital. Exploiting heterogeneity in bank exposure to the compositional shift from tangible to intangible capital, we show that exposed banks...

This paper empirically examines the effect of the use of credit scoring by large banking organizations on small business lending in low- and moderate-income (LMI) areas. Using census tract level data for the southeastern United States, the authors estimate that credit scoring increases small...

Financial innovation has been described as the "life blood of efficient and responsive capital markets." Yet, there have been few quantitative investigations of financial innovation and the diffusion of these new technologies. Of the latter, there have been only three prior quantitative studies,...