This paper focuses on the pre-establishment period of start-ups in industrial districts. The industrial architecture is what I call a "rationed agglomeration" in which some entrepreneurs gather around an established firm while other entrepreneurs in the same business stand alone. In a rationed...

This paper addresses the application of financial innovations from the corporate finance perspective. The objective is to identify and prioritize the main types of barriers to the implementation of financial innovations by nonfinancial firms. The motivation behind the study lies in the...

The economic value added (EVA) of a company is currently acknowledged as the single, most appropriate internal measure of corporate financial performance. Its appeal lies in the fact that it is conceptually sound as it reflects the true economic profit of a company after taking into account the...