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In the current competitive scenario, firms are driven to introduce products with a higher degree of novelty. Consequently, there is a growing need to understand the critical success factors behind radical innovation. Specifically, this work empirically and theoretically analyses the role of...
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In June 2009 a new financial supervisory framework for the European Union (EU) was endorsed, consisting of a macro- and a micro-prudential pillar. The latter is composed of a Steering Committee, a supranational layer and a network of national supervisory authorities at the bottom, de facto...
Persistent link: https://www.econbiz.de/10013157569
We build on the knowledge-based view to study the relative impact of alternative sources of R&D on innovation performance. We contrast two arguments: One is that diversity of knowledge is better for innovation, because the integration of a larger variety of knowledge helps create new products...
Persistent link: https://www.econbiz.de/10012906825
This article presents a critical analysis of the principles behind the scope and forms of cooperation between EU Member States and third-country resolution authorities in the context of the 2014 Bank Recovery and Resolution Directive. The article also explores the future responsibilities of the...
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Globalization, technological advances and the demands of international competition have driven firms to develop activities in their value chains abroad. Although this phenomenon — known as offshoring — is not new, it has undeniably gained in importance over the last decade. And the scope,...
Persistent link: https://www.econbiz.de/10012950291
We study the antecedents that help explaining how firms should deal with CSR in this modern economy where there is a heightened demand for firms to behave in a socially responsible manner, and also why some firms succeed with their CSR initiatives while others fail. We believe (1) different...
Persistent link: https://www.econbiz.de/10010861815
In this work, we develop a new model for competition in markets with differentiated products. In addition, we present a consumer model designed to produce a flexible nonlinear inverse demand system that resembles the classical Multinomial Logit model, and discuss several extensions. We...
Persistent link: https://www.econbiz.de/10010861816