Research and development (R&D) activities are fundamental drivers of value creation in today’s technology-based Small and Medium enterprises (SMEs). Seemingly, a successful R&D is a task of innovation processes and development of R&D networks with allied companies. There is a perceived lack of...

Many SMEs aim for business development by diversifying their offerings to fit global markets. However, internationalization has consequences for all aspects of a company's business model. Even though internationalization poses many business model challenges, the recent development of digital...

This study investigates the learning curve of commercial banks regarding the efficiency of credit and value creation. However, current empirical methods for accessing the learning curve in organizations are not suitable for use in financial institutions. Considering bank-specific...

In the German automobile industry the vertical integration, as an indicator of value added, is on average low. Beyond the argument of relative high labour costs for manufacturing, several specific reasons for the level of vertical integration, linked to the flexibility of business administration...

The global value chains (GVCs) obviously associated with the role of Multinational Corporations (MNCs). MNCs are the main entities which create global value chains by building up linkages between the stages of a chain in different countries such as plant construction, research, product design,...

Involving customers to co-create value is an important strategy for businesses competing to satisfy personalized demands and to gain competitive advantages. However, the research in the area is still in an early stage. In a search for this new competitive strategy, the literature on value...

In the Industry 4.0 era, emerging technologies such as big data analytics and blockchain can improve supply chain operations by updating information to reduce demand uncertainty and improving data quality. We conduct a theoretical exploration of the values provided by such technologies in the...

A logical strategy to contain the COVID-19 pandemic is to completely isolate everyone for two weeks (the incubation period of the virus). However, such a strategy can have prohibitive economic and social costs and, therefore, will be difficult to implement. At the same time, the current...