Patterns of commodity trade and foreign direct investment are not consistent with the proposition that European economies are experiencing a process of increasing ‘globalization’. Internationalization takes place as economic integration within the European Union and the European Union...

Macroeconomic policy could be much improved if we had a better understanding of the working of the capitalist mechanism. Schumpeter - along with many other economists of the Austrian School - warned the Neoclassical School that the premise on which they were building their models, diminishing...

<u><strong>Resumen</strong></u>The purpose of this paper is to integrate and quantify the Blue Ocean Strategy for the business activities proposed by the Kim and Mauborge model and by Schumpeter´s competitive strategy. It analyzes the importance of innovation and scale economy in Colombia, based on information from...

This paper examines the entry and exit, and the labour productivity, of Indonesian manufacturing firms with 20 workers or more, using a firm-level panel dataset constructed for the years 1994-2000. Overall change in manufacturing labour productivity reached 27.2%—an average growth of 3.5% per...