This paper, based on my concluding remarks at the Colloquium on the Economic Aspects of Gambling Regulation: EU and US Perspectives held at Tilburg in November 2006, discusses the question why, in Europe, some service sectors (such as network industries) are liberalised, while others (like the...

Networks broaden the space for sourcing knowledge and skills for innovation in tourism beyond traditional actors and provide the framework for interactions, cooperation and knowledge sharing among them. The research focuses on complex relationships between the actors linked via web platform in...

Network Revenue Management can be formulated as a stochastic dynamic programming problem ("optimal" solution) whose exact solution is computationally intractable. Consequently, a number of heuristics have been proposed in the literature, the most popular of which are the deterministic linear...

The aim of the article is to explore whether the greater market orientation imposed on the Filipino business has brought about also a transformation of business networks based on personal relationships into more contractual and transparent agreements. The article presents a case study of social...

Most tourism theoreticians and practitioners agree that small hotels present one of the most vital segments of accommodation facilities arguing that they are able to react more promptly and effectively to market changes and capable of offering high-quality, differentiated and personalized...

In addition to theoretical arguments advocating various advantages of industrial networking, many examples of good practices and positive experiences can be found worldwide. Therefore, in many countries political measures have implemented to boost strategic partnership between companies....

Three fourths of Finnish business enterprises have relationships that are deeper than those associated with normal market transactions, i.e., they are involved in interorganizational networking. Regionally networking is more commonplace in North Savo, North Karelia/Kainuu, Central Finland and...

The literature on "Innovation Systems" is divided into several directories. Dif- ferences occur through the definition of the system's borders. This paper intro- duces a methodology how to differentiate between regional and technological effects of cooperative innovation activities and analyzes...

This paper provides evidence that interbank markets are tiered rather than flat, in the sense that most banks do not lend to each other directly but through money center banks acting as intermediaries. We capture the concept of tiering by developing a core-periphery model, and devise a procedure...

The claim of a positive association between a firm’s social assets and its inno-vative capacity is a widely debated topic in the literature. Although controversial, such an argument has informed recent innovation policy across Germany, increasingly di-rected to cluster formation. In the light...