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market frontier, take stock of relative competitive positions and form future plans. Such events exhibit many of the …
Persistent link: https://www.econbiz.de/10005839236
According to Becker´s human-capital theory, employers tend to underinvest in general training relative to specific training because it increases their existing employees´ outside opportunities. We show that this is not necessarily true if training has an information-gathering function that...
Persistent link: https://www.econbiz.de/10008794562
Persistent link: https://www.econbiz.de/10002155018
Firms can enhance product innovation performance by continuously staying in touch with customers and the market in … general. While studies on market oriented product development have identified several general dimensions of market knowledge … used in product innovation, the nature of market knowledge that is specifically important in the chemical industry remains …
Persistent link: https://www.econbiz.de/10014185107
systems market and to differing degrees of effort needed on the part of consumers to attend to price changes and reassess …. Our key findings suggest that managers interested in building attention and market share should use smaller price …
Persistent link: https://www.econbiz.de/10014041348
regulated or non-market means in most OECD countries outside the United States. While health systems vary substantially across … with long standing traditions of publicly operated health care services. Various market-oriented reforms have been … question of whether establishing a ‘market’ is an appropriate way of improving outcomes in hospital services and general health …
Persistent link: https://www.econbiz.de/10014041494
This paper presents a critical overview of some recent attempts at building formal models of organizations as information-processing and problem-solving entities. We distinguish between two classes of models according to two distinct objects of analysis. The first class includes models mainly...
Persistent link: https://www.econbiz.de/10014042720
Agents are either guided directly by the elicited or communicated preferences of their principals, including both the conditions or states that their principals value and the particular actions the principals prefer that agents use to realize those states (goal priority), or can research clues...
Persistent link: https://www.econbiz.de/10014046422
This paper argues that the central function of the board of directors is, and has always been, to provide assurance, and reassurance. The paper introduces a typology of four classes of board functions, legal, normative, descriptive, and utilitarian, and argues that none adequately captures the...
Persistent link: https://www.econbiz.de/10014047159
To date, much of the literature on institutional economics has relied on abstract metaphors based in exchange. Thus, Williamson introduced the fundamental insights surrounding his “transaction costs” model and discussed the governance of contracts in exchange relationships. Yet organizations...
Persistent link: https://www.econbiz.de/10014048273