It is widely believed that the Information Society and its economic counterpart, the New Economy, afford more flexibility especially in the labour market (i.e. less long-term contracts) to allow faster reactions to the increased speed of change. The paper argues that increased complexity rather...

The public and even scientists consider prevention and promotion of technologies as technology assessments’ primary task. This view is incompatible with democracy and devoid of any scientific foundation. Evaluating the cost and benefits of a technology affords value judgements, and the...

A survey of empirical studies does not support the theory of corporate control: in general, mergers do not improve profits and so efficiency, abnormal returns on shares are limited to the acquiree--Why don't acquirer's shareholders object to mergers? This study proposes the optimism of the stock...

It is widely believed that the Information Society and its economic counterpart, the New Economy, require more flexibility especially in the labour market (i.e. less long term contracts) to allow faster reactions to the increased speed of change. The paper argues that increased complexity rather...

It is still disputed whether foresight exercises should be based on top-expert assessments or on a broader base of less specialised experts, and whether the self-rating of experts is an acceptable method. Using the German 1993 and the Austrian 1998 Technology Delphis, this study addresses both...

Digitizing, Minimizing and Networking are the prerequisites for the evolving Information-Society, whose most attracting features are gathering, storing, linking and providing of enormous amounts of data. Best-known advantages are easy communication via e-Mail, easy access to information via...

The contribution will consist of two parts. The first part will demonstrate the contrast between the great and increasing importance of geographic factors for economic development and the small and decreasing attention mainstream economic theory paid to spatial aspects until recently. It thereby...

The current sovereign debt crisis is widely believed to have been caused by insufficient budget discipline. However, the financial sector accounts reveal that public as well as private borrowing in the euro area was dwarfed by the synchronised explosion of assets and liabilities of financial...