The transition to a circular economy in which the value of products, materials and resources is maintained as long as possible and the waste is minimized, has led to the creation of new business opportunities and new, innovative and efficient production and consumption models. Over the last few...

“Software platforms are the invisible engines that have created, touched, or transformed nearly every major industry for the past quarter century. They power everything from mobile phones and automobile navigation systems to search engines and web portals. They have been the source of enormous...

Recent developments in patent law, most notably the effective nullification of the Supreme Court's 1972 Benson decision excluding mathematical algorithms from patentable subject matter, have attempted to reflect an increasingly sophisticated approach to computer science and technology. Despite...

In this paper, we present a detailed description of intelligent software agents. We depict both search as well as negotiation agents and show how the use of theoretical concepts previously exclusive to the economic theory of bargaining and auctions can immensely improve their performance. We...

The make program is widely used in the software industry to reduce compilation time in large projects. Make skips source files that would have compiled to the same result as in the previous build. (Or so it is hoped, at least.) The crucial issue of safeness of omitting a full build-from-scratch...

This paper focuses on three related matters. It analyses the process of competition in the software industry, this being important both in itself and for the light it throws on competition within all industries characterised by low or zero marginal costs and a high rate of technical development....

Der Begriff des Wachstumsunternehmens steht für eine der wichtigsten industriepolitischen Weichenstellungen im Deutschland der 90er Jahre. Um die Innovations- und Wachstumseffekte des typischen Hightech-Unternehmens des Silicon Valleys erschließen zu können, wurde versucht, institutionelle...

One of the more prominent recent failures in institutional innovation in Germany was the Neuer Markt (1997-2003), a special segment of the Frankfurt stock exchange designed for high-growth companies. Based in part on insights from the law and economics approach to agency theory, which emphasizes...

The nature and role of early stage equity financing in the development of emerging entrepreneurial ventures in the software industry is examined. To provide an understanding of the relationship between the suppliers of capital and the ventures they bankroll, issues concerning equity positions...

This paper aims to analyze the role of multinational corporations (MNCs) in the development of the software industry in these countries. The study is centred on software production and IT-related services - software development, chip design and electronic devices design, computer and Internet...