The emergence of digital technologies has significantly reduced the economic costs of data—search, storage, computation, transmission—and enabled new economic activities. Over the years, firms able to create a platform-based ecosystem have become a force of “creative destruction.”...

This paper provides a nonmathematical introduction to the US economy's information processing ratio (R/C). This measure derived by Parker (2016-2019), was utilized to study the emergence of flash crashes, the evolution of the business cycle, and to provide an important new link connecting the...

This paper studies the adoption times of various e-business technologies in a large sample of firms from 10 different industry sectors and 25 European countries between 1994 and 2002. The results show that the probability of adoption increases with the number of previously adopted e-business...

Generally, technological innovations begin in very small niche markets when a tiny group of risk-taking consumers decide to try out a product or service they have never seen before. It is never clear that the innovation will ever reach a larger market because the forces of the status quo, as a...

By providing a nearly instant connection among parties at opposite corners of the world and enabling a variety of commercial exchanges, the Internet has emerged as the technology expected to create a truly global market space. Internet firms face the challenge of capitalizing on this...

The advent of the digital economy has led to the emergence of entrepreneurship which is significantly different from the existing entrepreneurial ecosystem. This study focuses on bibliometric analysis of research on the interrelationship between entrepreneurship and the digital economy. The goal...

In this paper, we analyze the business models of Germany's biggest lending platforms smava, auxmoney, and Lendico to identify a standard business model as a dominant design in this industry. We use a mixed method approach in which a case study at firm level is conducted to analyze and contrast...

We conjecture that the Dotcom abnormal underpricing resulted from the emergence a large cohort of firms racing for market leadership/survivorship. Fundamentals pricing at the IPO was part of their strategy. Consistent with our conjecture, firms' strategic goals and characteristics fully explain...

We show that during the bubble implied growth rates coming from the underpricing of IPO market explains short term returns on the NASDAQ index. This result remains even if we replace actual underprice for others different instruments for underpricing that are based on predetermined variables and...