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The topic of innovation as a source of competitive advantage for firms is consolidated in the literature. An innovation …, a question remains in studies into innovation, which is concerned with the reasons why not all firms that develop a … study is the identification of transactional capability as the missing link in innovation. Accordingly, to be innovative, in …
Persistent link: https://www.econbiz.de/10011859340
The topic of innovation as a source of competitive advantage for firms is consolidated in the literature. An innovation …, a question remains in studies into innovation, which is concerned with the reasons why not all firms that develop a … study is the identification of transactional capability as the missing link in innovation. Accordingly, to be innovative, in …
Persistent link: https://www.econbiz.de/10011872216
This paper revisits the tragedy of the commons when agents have different capabilities in both production and encroachment activities, and can allocate their time between them. Under fairly general assumptions on production and encroachment technologies, an individual's expected income is convex...
Persistent link: https://www.econbiz.de/10011608842
Surrounding the passage of Dodd-Frank, a noted author argues that existing market manipulation statutes cannot effectively prosecute manipulation cases because the statutes prohibit fraud, not market power. This is incorrect. While traditional economic theory can explain the incentives...
Persistent link: https://www.econbiz.de/10013132055
This article reviews China's land tenure system, which is featured with differential treatment of rural and urban citizens with respect to three types of land tenure: urban land tenure, arable land tenure and rural residential land tenure. With the urban residents fully participated in the...
Persistent link: https://www.econbiz.de/10013138877
While a Blackstonian view of property envisaged a "despotic dominion" of an owner over a thing, property has never been so absolute. In fact, as I argue in this paper, the nature of property has been culturally constructed and property means different thinks across cultures and even over time...
Persistent link: https://www.econbiz.de/10013139569
Researchers describing the discovery of something they are not equipped to fully understand run the risk that their reach will exceed their grasp. And so, as mere enthusiastic newcomers to the study of author Rex Stout, we will limit ourselves to: (1) reporting that we have run across an early...
Persistent link: https://www.econbiz.de/10013113479
The CFTC adopted new market manipulation rules on July 7, 2011. In addition to retaining the Commission's existing anti-manipulation authority under the CEA's "artificial price" standard, these rules give the Commission the ability to bring enforcement actions under a "fraud-based" standard...
Persistent link: https://www.econbiz.de/10013122195
For more than a century, careful readers of the Green Bag have known that “[t]here is nothing sacred in a theory of law...which has outlived its usefulness or which was radically wrong from the beginning...The question is What is the law and what is the true public policy?” Professor Orin...
Persistent link: https://www.econbiz.de/10013088425
Persistent link: https://www.econbiz.de/10013157483