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labor of women adversely affects labor productivity. (New paragraph) Analysis of finance engenders discussion of its place … in value theory, posed around the rate of profit, and is more complex than often presented. Furthermore, the varying …
Persistent link: https://www.econbiz.de/10011193715
The Net Present Value maximizing model has a respectable ancestry and is considered by most scholars a theoretically sound decision model. In real-life applications, decision makers use the NPV rule, but apply a subjectively determined hurdle rate, as opposed to the allegedly correct opportunity...
Persistent link: https://www.econbiz.de/10010763079
This work is a PhD dissertation, written at the Department of Economics, McGill University. The thesis offers a new framework for inflation as a process of restructuring. Contrary to existing theories of inflation, which tend to take structure and institutions as given for the purpose of...
Persistent link: https://www.econbiz.de/10005789620
This work presents a notion of residual income called Systemic Value Added (SVA). It is antithetic to Stewart’s (1991) EVA, though it is consistent with it in overall terms: a project’s Net Final Value (NFV) can be computed as the sum of capitalized EVAs or as the sum of uncapitalized SVAs....
Persistent link: https://www.econbiz.de/10005790189
In this brief note describes the trajectory of the fractal models/multifractal F/M by Benoit Mandelbrot. The promise was discovered by the geometry of Mandelbrot covers a broad area of research fields, from meteorology and mathematical physics to the individual and collective behavior in...
Persistent link: https://www.econbiz.de/10008855239
Two seemingly separate disciplines, social entrepreneurship and sustainable microfinance, have both matured and … performance and social impact complement rather than compete with each other. They apply conventional banking precepts in an … essential to match the appropriate institutional model, whether a bank, finance company, membership-based organization, or …
Persistent link: https://www.econbiz.de/10005560213
contributions in entrepreneurship economics and point to areas for future research. Baumol contributed an impressive number of … important insights, increasing our understanding of entrepreneurship from both a macro and a micro perspective. He also devoted …, unproductive, and destructive entrepreneurship and his associated idea that the institutional framework, "the rules of the game …
Persistent link: https://www.econbiz.de/10012703455
We review and evaluate some recent contributions on the modeling of entrepreneurship within a neoclassical framework … describe it. However, each modeling attempt focuses only on one specific feature of entrepreneurship. The entrepreneurial … highlight how a simplistic interpretation of the existing mainstream approaches incorporating entrepreneurship runs the risk of …
Persistent link: https://www.econbiz.de/10010281398
habits of thought was evident and positively impacted firm success. Accordingly, implications for entrepreneurship education … business practices, rather than on entrepreneurial competencies per se. This is a novel and important step in entrepreneurship …
Persistent link: https://www.econbiz.de/10013001737
When it comes to entrepreneurship, the conceptual framework of economics is disjointed: on the one hand most everyone … behavioral aspects of entrepreneurship. It has also spawned a dichotomy between the functional and behavioral aspects of …) initiative and creativity are the obvious defining traits of entrepreneurship. Even so, the literature has spawned a variety of …
Persistent link: https://www.econbiz.de/10013052081