We present a model of training investments and employment outcomes. In this model training may enhance trainees' tastes for particular types of career (taste shift) and/or shift their wage offer distributions (pay-off). An empirical analysis is conducted with a unique data-set of UK graduates....

In this paper, we assess complexity in organizations in terms of the dimensions of 'depth' and 'breadth'. We examine how this operates in firms, indicating how different fields of research have tended to highlight only certain aspects of complexity, for instance, technology or products. In...

This paper examines the highly political nature of innovation appropriation processes. The central focus is on the role of networks, networking, and knowledge in these processes. The data presented is drawn from two case study companies, both of which were implementing Enterprise Resource...

An attempt has been made to examine some aspects of transaction structure of the small business sector in Japanese manufacturing. It has been found that there are some interesting findings in the industrial organization of the sector (1) In the transactions of intermediate goods with...

Simple (equally weighted) moving averages are frequently used to estimate the current level of a time series; with this value being projected as a forecast for future observations. A key measure of the effectiveness of the method is the sampling error of the estimator, which this paper defines...

Multinational corporations employ millions of people in Europe, and over 70 million worldwide. Through their role in foreign direct investment (FDI) and international trade, they are the motors of the "globalization" of the international economy. This chapter considers their impact on employment...

We consider two competing financial state space models and investigate whether additional information in the form of option price data is helpful to the estimation of either the unobservable state variable (volatility) or the unknown parameters in the model. The complete discussion of the...

A framework is presented that connects managerial decision making to resource building and firm performance. The framework takes a behavioral view of decision making and distinguishes two distinct decision-making processes. First there is the creative conceptualization of new resource...

This paper explores the relationship between executive pay and corporate performance. First, we focus on the pay-for-performance sensitivity (PPS), review recent evidence (mainly UK) and outline a methodology for calculating the PPS itself. Secondly, we review the evidence on tournament theory....

How value is created for the customer from e-business is a topic of much concern in academic and practitioner circles. In the light of the dot.com downturn, numerous e-business firms ceased to exist. This paper reports the findings from an ongoing research study on the development and decline of...