The number of staff restructuring processes has considerably increased worldwide in recent years, and their effects are increasingly dramatic. Furthermore, the global economic context is becoming more and more turbulent. All this poses a series of new challenges for firms that they will only be...

Abstract Die IT-Branche steht seit wenigen Jahren im Mittelpunkt der Aufmerksamkeit von Politik und Wirtschaft. Trotz Börsencrash und zunehmender Pleiten bei Internetfirmen und trotz Tausender arbeitsloser IT-Experten klagt die Branche lauthals über Fachkräftemangel und dadurch bedingte...

The recent article in Capitalism and Society by Dosi et al., as well as the accompanying discussion by William Lazonick, misunderstand and mischaracterize the argument of my 2003 paper "The Vanishing Hand." More importantly, some of the central claims these articles make about the organization...

Zusammenfassung Seit 1998 sind in Deutschland keine ausgeprägten Konjunkturtief- und -höhepunkte mehr auszumachen. Das zeigt die mit den Daten über die Auslastung der industriellen Kapazitäten gewonnene Konjunkturkurve. Hat sich das Konjunkturmuster (auf Dauer) geändert? Vermutet wird, dass...

The Internet and e‐commerce continue to change profoundly the manner in which everyone conducts business. These fundamental changes impact not only the traditional supply chain but also the way in which business is conducted throughout the enterprise. In this paper plausible implications and...

The pervasive impact of information technology, and the shift to a new economic paradigm has resulted in new ways of working. Successful organisations today are looking for work environments that unlock creativity, support collaboration, and ensure that the ideas of staff and collaborators are...

We study the implications of ownership and its induced incentives on firm survival on the stock market for young and high‐tech firms. Using a unique data set of all 341 firms listed on the Neuer Markt , the German equivalent of the NASDAQ, our results differ from studies on more traditional...

As much of the developed world faces a recessionary tide, age‐old questions on the nature of creating and sustaining lasting market value are once again being asked. In the past, questions of market value creation were answered by investing in tangible assets. Today, those same questions are...

Abstract In modernen Arbeitsorganisationen mit hohem Innovationsanspruch werden die Grenzen direkter und indirekter Leistungskontrolle immer offensichtlicher. Hier entwickelt sieh Vertrauen zur neuen Maxime der Unternehmenssteuerung. In der Tradition der Rationalitätstheorie erweist sich...

Summary This paper is a brief history of game theory with its main theme being the nature of the decision makers assumed in the various stages of its historical development. It demonstrates that changes in the “image of man” nourished the developments of what many believe to be progress in...