We present a theoretical argument to identify the conditions under which a firm prefers to invest in factor saving innovations rather than neutral innovations. We prove that incentives to invest in factor saving innovations positively depend on i) total factor productivity and ii) the scarcity...

This paper presents a new framework which allows people to manage their diverse payment, cashflow management and commitment savings needs simply and intuitively, from a single account. It builds on the logic of mobile money platforms, which provide customers with the ability to initiate...

The relevance of the study is reasoned by the current economic trends which suggest that the reliability of production is possible to be provided, while preserving and enhancing of natural ecological environment, by finding of quality new, revolutionary opportunities associated with the use of...