The OPEC Website holds an interesting FAQS (Frequently Asked Questions) about oil industry. The questions are very simple. Anybody could ask them. And the answers are still as simple as could be. You do not need to be an economist to understand these quite complicated issues - as we used to...

In his seminal publications between the 1930s and 1960s, Frederick Lane offered three hypotheses regarding the impact of the Voyages of Discovery that have guided debate ever since. First, pepper and other spice prices did not rise in European markets in the century before the 1490s, and thus...

It is claimed that technology is a competitive advantage for a company and that finally fosters economic growth (Marinagi, et al., 2014). Besides it is held that logistics promote economic growth (Hayaloğlu, 2015), through the consumption-led growth theory. In the present paper an effort will...

This research aimed to identify facilitators and restrictive factors on Technological Transfer by comparing case studies of the Brazilian Technology Transfer Offices (TTO). Industry-University (I-U) cooperation processes enable interacting actors to benefit from partners' knowledge and resources...

SME's working capital requirement is growing because of increasing open accounts in international trade payments. Further, new BIS set of regulation, which allows a lower credit rating for SMEs compared to old BIS and therefore low credit worthy SMEs will experience hard times in getting bank...

Did colonial policies in India deliver excessive returns to British investors? We answer this question using annual data on Indian securities trading on the London Stock Exchange. We present new series on market capitalization, capital gains, dividend yields, and total returns of railway...

Transportation infrastructure is indispensable for the diversification of an economy. This paper investigates the empirical link between transportation infrastructure and diversification of the Nigerian economy. Descriptive demonstrations are adopted to provide a situational focus to the study,...

A customer orientation of the supply chain is need for companies that want to generate competitive advantages in the market. Customer orientation is possible when motivated by market research. The participants of a supply chain create compatible philosophies, synchronize their processes and...

Long-established major U.S. corporations such as McDonalds, Walmart, and Proctor and Gamble continue to derive a majority of revenues from foreign operations. In addition, a number of relatively new U.S. technology companies such as: Airbnb (2008); Facebook (2004); Snap (2011); Twitter (2006);...

A lot of studies have examined only from the microeconomic point of view the usefulness of logistics to firm profitability either theoretically or empirically. In the present paper an effort will be made to examine the usefulness of logistics taking also into account the macroeconomic point of...