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Business Environments need to react more efficiently and quickly to demand in today’s global markets. Previous research by the authors entailed reviewing the current understanding of the different types of generic business improvements that are applicable to the production environment through...
Persistent link: https://www.econbiz.de/10009467354
In recent years there has been a broad shift towards the sophisticated adoption of supply chain integration and e-commerce (EC) techniques by leading logistics enterprises. A central element of this move has been the evolution of e-marketplaces or trading hubs and portals, which it is suggested,...
Persistent link: https://www.econbiz.de/10009474492
In this paper we propose a locally interactive model which explains both the cross sectional dynamics as well as the possibility of multiple long run equilibria. Firms can choose between two technologies say 1 and 0; the returns from technology 1 are affected by the number of neighboring firms...
Persistent link: https://www.econbiz.de/10009458646
In this paper we provide a simple locally interactive dynamic model of technology choice and output production. We assume a Cobb-Douglas type production function for two available technologies. The returns to technology 0 are not affected by local spillovers. Technology 1 is more costly, as...
Persistent link: https://www.econbiz.de/10009458649