What makes a decision strategic? When is strategy most important? This paper studies the structure and value of strategy (in its everyday sense), starting from a (functional) definition of strategy as 'the smallest set of (core) choices to optimally guide the other choices.' This definition...

The traditional indicators on innovation rely on the linear assumption that research leads to development, centring on the measurement of inputs and outputs. Based on the traditional innovation indicators, recent studies focused on the industrial innovation process at Latin America state that...

Carrying out successful succession in family businesses is an issue of vital significance for businesses themselves, and a great challenge for the pragmatics of family business management. It is also an issue important for the dynamics of Poland's economic development since it regards a wide...

Durch Marken- und Produktpiraterie entstehen grosse volks- und betriebswirtschaftliche Schaeden. Da die Moeglichkeiten des gewerblichen Rechtsschutzes zu deren Bekaempfung alleine nicht ausreichen, bestehen unternehmerische Schutzsysteme aus Buendeln an juristischen, betriebswirtschaftlichen,...

Ethical leadership is that managers display appropriate leading behaviour with regard to ethical principles. It is believed that ethical leadership behaviour influence the organizational connection in a positive way. Within this concept it’s suggested that ethical leadership contributes to...

An organization is considered to be effective if it finds the balance between the demands of various stakeholders (owners, employees, customers, community) and the needs of the employees. We believe that an appropriate leadership style can influence and ensure the prosperity and the economic...

The traditional indicators on innovation rely on the linear assumption that research leads to development, centring on the measurement of inputs and outputs. Based on the traditional innovation indicators, recent studies focused on the industrial innovation process at Latin America state that...

Technology roadmapping (TRM) is a technique for exploring the evolution of markets, products, technologies, and their linkages. During our Hungarian TRM-applications we found important a clear business need; senior level ownership; effective communication; information and knowledge sharing;...

In the globalized economy multinational firms have given rise to local firms able to produce at a low cost and at acceptable quality levels. A growing number of firms have outsourced production and manufacturing activities of all types to these firms, not only to reduce production costs but also...