This paper highlights the role of financial development in producing innovative products and services. The Venture Capitalists (VCs) plays a crucial role for the realization of product innovation and service innovation. Especially young entrepreneurs face the problem of financial constraints if...

Größen, die erfolgreiche von erfolglosen Unternehmen unterscheiden, kommt schonseit jeher besonderes Interesse zu. Im Mittelpunkt steht dabei die Suche nach densogenannten E r f o l g s f a k t o r e n . Im Laufe der Zeit ist eine "verwirrende Vielfalt vonEinflußgrößen und Bedingungen...

Over the past decade, the Government of Malaysia has become increasing aware of the significant contribution of small medium enterprises (SMEs) to the national economy. A number of Government programmes and incentives were offered to the SMEs in the past years but with limited impact. This...

In this paper, I first critique the composition-based view of Yadong Luo and John Child for understanding how resource-poor firms survive and thrive. To remedy the deficiencies in their perspective, I then propose a dynamic theory of compositional advantage and strategy. Here, the compositional...

This paper presents a comprehensive conceptual framework for the rationale, success factors and development outcomes of Special Economic Zones (SEZs), and analyses their performance in selected Asian countries within that framework. It draws on the tenets of the literature on 'dynamics of...

[Einleitung ...] Die vorliegende Studie wurde von Februar bis November 2019 in Kooperation des Deutschen Instituts für Wirtschaftsforschung (DIW Berlin) mit dem Zentrum für Sonnenenergie- und Wasserstoff-Forschung Baden-Württemberg (ZSW) und der Agentur für Erneuerbare Energien (AEE)...

With the availability of new and more comprehensive financial market data, making headlines of massive public interest due to recent periods of extreme volatility and crashes, the field of computational finance is evolving ever faster thanks to significant advances made theoretically, and to the...

The Journal of Risk and Financial Management (JRFM) was inaugurated in 2008 and has successfully continued publishing, with Volume 13 in 2020. Since the journal was established, JRFM has published in excess of 580 topical and interesting theoretical and empirical papers in financial economics,...

Higher education graduates with work experience enter the labour market more smoothly. This paper analyses how work experience from vocational education and training (VET) affects labour market outcomes after higher education. To account for selection into VET we use the regional enrolment rate...