The sources of value creation are increasingly relying on intangible assets (IAs). IAs are the lifeblood of knowledge-intensive industries where the new value added is disproportionally based on specialized, non-repetitious activities. However, while the role of IAs is recognised as central to...

Increasing product-market competition is believed to be a driving force behind higher productivity. However, even those critics of globalization who accept this argument claim that there is a hard trade-off because tougher competition comes at the price of reducing work—life balance (WLB)....

We examine the economic consequences of the mandatory adoption of IFRS in EU countries by showing which types of economies have the largest reduction in investment-cash flow sensitivity post-IFRS. We also examine whether the reduction in investment-cash flow sensitivity depends on firm size as...

This paper explores problems and challenges in the management of expatriate staff in Northern NGOs. It finds that very little research has so far been carried out on this issue despite its importance in international NGO development work. Drawing on a recent case study of a NNGO working in...

This book is about a company which pioneered a major new industry, failed to build on that success, and ended up being taken over and broken up. By comparing this firm with its competitors in the same industry, the book sheds light on one of the hardest of all managerial challenges: what...

Total Quality Management (TQM) has been established in the western world for over 15 years, yet attempts to implement it have reported mixed success. Although the technique adopts a planned prescriptive approach to change, organisations have not found it so easy to implement and to achieve the...

This paper addresses the important question for innovation policy of whether or not UK venture capital firms show a bias against investing in technology-based, new and young enterprises. The evidence from UK and US industry statistics indicates that, pro rata, American venture capital firms...

This paper is a product of the SPES programme on multi-country models and describes a set of diagnostic simulations on five European-based multi-country models. These are the EEC's model QUEST as operated by the Deutsches Institut fur Wirtschaftsforschung (DIW); the GEM model jointly operated by...

This paper explores the diffusion of unleaded fuel in eight European economies with the particular objective of evaluating fiscal incentives to consumer innovation as an instrument of technology policy. The unique diffusion patterns observed in each country reflect differing changes in the...

This article concerns the determination of executive pay in the UK and Germany. These economies have very different corporate governance structures and we examine whether this has implications for executive pay outcomes. Our research shows that average pay in the UK was about pound 391,000 in...