Organizational learning and innovation capabilities are widely regarded as important sources of competitive advantage as they enhance a firm?s capacity to create, maintain, expand and renew its bases of strategic resources, and, as a result, increase its chances of success in the marketplace....

Die Neue Ökonomische Geographie (NEG) erklärt Agglomerationen aus einem mikroökonomischen Totalmodell heraus. Zur Vereinfachung werden verschiedene Symmetrieannahmen getätigt. So wird davon ausgegangen, dass die betrachteten Regionen die gleiche Größe haben, die Ausgabenanteile für...

The present work introduces four theoretical papers, which primarily focus on R&D, interindustrial linkages, and their policy implications. All in all, three issues basically motivated conception and realization: At first, previous NEG models do not incorporate endogenous R&D activities of...

ENGLISH ABSTRACT:The determinants of capital structure form an important part of the finance profession.Contemporary capital structure theory began in 1958 when Modigliani and Millerindicated that in a perfect capital market, the value of a firm is not influenced by itscapital structure....

ENGLISH ABSTRACT: The objective of almost all firms should be to maximise the wealth of shareholders.To achieve this goal, firms should use an optimal combination of debt and equity,which will consequently result in the lowest weighted average cost of capital. Firmstherefore need to determine...

The successful implementation of an Enterprise Resource Planning (ERP) System can help an organisation to redefine its business processes and enhance its competitive advantage. An ERP System Implementation is a transformation project, which changes the way an organisation thinks and acts about...

It is well understood that the modern business environment has become a very complex and uncertain arena. The only way that the modern organization can survive under these circumstances, is by “crafting” a strategy that will differentiate itself from its competitors. The process of strategy...