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The article tackles the question of the ever growing importance of soft factors of production in the process of competitive advantage for contemporary enterprises. This condition has resulted of turbulent environment characterized by increasing competition, generalized uncertainty and...
Persistent link: https://www.econbiz.de/10012010874
Rapid and constant development of technology and social media drive every-day changes in the retail sector, modifying behaviour and power of consumers, whereby traditional brick and mortar stores are facing the risk to become obsolete. E-commerce and m-commerce offer to customer a more...
Persistent link: https://www.econbiz.de/10011823079
We study innovation contests with asymmetric information and identical contestants, where contestants’ efforts and innate abilities generate inventions of varying qualities. The designer offers a reward to the contestant achieving the highest quality and receives the revenue generated by the...
Persistent link: https://www.econbiz.de/10010851325
Persistent link: https://www.econbiz.de/10010905080
targeted industries. Consequently, we find a nonmonotonic effect of the inventive step on the aggregate flow of innovations. …
Persistent link: https://www.econbiz.de/10010939052
The author claims that J. Kornai in his paper "Innovation and Dynamism" (Voprosy Ekonomiki. 2012. No 4) ignored the understanding of socialism as a specific type of culture and not just as an economic system. He also shows profound differences between Schumpeter’s theory and mainstream...
Persistent link: https://www.econbiz.de/10011007675
This article deals with the relationships between luxury goods and innovations within the framework of a Socialist …, the emphasis is put on the coexistence of traditional methods and the different forms of innovations characterizing this … specific sector. These innovations can be scientific and technological ones, or linked to the production processes or to the …
Persistent link: https://www.econbiz.de/10011020697
In this paper, a theoretical model of the impact of product and process innovations on output, capacity utilization … than noninnovative firms. Innovations also change the market structure. The frequency of price and output changes is lower …
Persistent link: https://www.econbiz.de/10010955329
innovation market. If employment protection is introduced, firms’ willingness to pay for product or process innovations increases … innovations and firms. …
Persistent link: https://www.econbiz.de/10011210787
The aim of the article is to point out the possibilities for the usage of counselling in innovative development of tourist enterprises in the region. The possibility of creating innovation in tourism and their implementation is dependent on the internal predispositions of companies and external...
Persistent link: https://www.econbiz.de/10011274009