This study discusses neomerchantalism and limited money supply policy. Neomerchantalism is to use national currency in international trade. It is appropriate for neighbour countries. Merchantalism exists in global economy during 15th-17th centuries. It is free trade. In globalism era, monetary...

American HRM has shareholder perspective, and European HRM has stakeholder perspective. This creates divergence between HRM of both markets. This divergence makes social context important in European HRM. European HRM aims to protect interests of society; therefore, there is involvement of...

Major indicator of firm performance is business performance. Aim of firms and managers are to achieve firm performance. Human resource management (HRM) aims to achieve individual performance in order for firm performance. Because individuals (professionals) may have an impact on business...

This study explores cluster innovation, and it benchmarks Styria Model of Austria as model for cluster innovation. and it recommends a new model for clusteral innovation. This model is named as Cobweb Theorem. Styria model is a model for cluster formation, and it is a model for innovation in...