The United Kingdom's publicly funded National Health Service (NHS) is entering a period of transition due to a growth in private healthcare providers. In response, the NHS must become more competitive; identifying competitive advantage, best practice and adopting formal management methods. The...

Most countries experienced high and volatile inflation during the 1970s and part of the 1980s, and low and stable inflation thereafter. Professor Besley argues that the main contrast between these two periods is a significant change in central bank responses to inflation. Periods of high and...

In this speech,(1) Professor Tim Besley,(2) member of the Monetary Policy Committee (MPC), discusses the United Kingdom’s long-term structural shift from manufacturing towards services; whether this shift is consistent with increasing prosperity and growth for the UK economy; and the...

Mobile platform owners are faced with a tension. On one hand they foster generativity to enable third parties to innovate compelling services. On the other hand they regulate innovation on their platforms in order to protect their commercial interests. This tension leads to complex interactions...

This paper contributes to the management debate regarding the gap between intended corporate strategy and operational reality by examining the relationships between senior executives and line managers within the multiple store retail industry. Using a case study methodology, and an Agency...

The recent rise in food prices has increased the concern about the choice of a healthy food basket, especially in the context of the discussion around the formulation of a National Food Policy for Scotland. This concern has brought back the interest in the price and expenditure demand systems as...

The recent rise in food prices has increased concern about the choice of a healthy food basket, especially in the context of the current formulation of a National Food Policy for Scotland. This concern has revived interest in food price and expenditure demand systems as they provide information...

This paper considers computer intensive methods for inference on cointegrating vectors in maximum likelihood analysis. It investigates the robustness of LR , Wald tests and an F-type test for linear restrictions on cointegrating space to misspecification on the number of cointegrating relations....

Innovation as a core driver of industrial development needs careful consideration, since not each innovation holds the same degree of novelty and impact on the market place. Additionally, innovation is too often taken as a synonym for imitation and amongst many authors Trott complains about the...

Marketing and Corporate Communications suffer both from a general accepted definition, which leads to a differing corporate understanding and functional implementation. To this basic problem adds that the explosion of communication channels and means, but also turbulent markets of an...