In the literature for strategic management a number of authors have explained in which ways information and communication technology (ICT) is being deployed in the strategy of the firm. In management books and articles in management journals a variety of cases have been described how specific...

Firms recently face considerable challenges caused by a rather pervasive trend of globalizing economic transactions. Confronted with this challenge, firms are forced to develop and sustain competitive advantages in particular by proactive moves of service innovations to secure their market...

Cross‐border activities of firms are said to be risky and complicated due to so‐called ‘liabilities of foreignness' (LOF) (Zaheer & Mosakowski 1997; Zaheer 1995). These LOF are difficulties firms in general have to face when acting in environments they are not familiar with. The existence of...

This paper provides a theoretical framework in support of recent empirical findings where the use of open contracts in the form of pay-what-you-like pricing have been found to be viable compared to a fixed price. Our analysis shows that, in spite of the option to free ride, not all consumers...

This paper describes the role of controls and proposes a business management controls framework which enables, facilitates and supports you in designing and implementing effective controls to operate all your business functions and control systems. Also two controls (Business Management Controls...

Existing research on the relationship between market concentration and innovation has produced conflicting findings. In addition, the emerging literature on the relationship between corporate governance and innovation tends to focus only on partial effects of corporate governance on innovation....

Carrying out successful succession in family businesses is an issue of vital significance for businesses themselves, and a great challenge for the pragmatics of family business management. It is also an issue important for the dynamics of Poland's economic development since it regards a wide...

Traditional entrepreneurship research holds that a role of entrepreneurs is to bear risk and that entrepreneurs are risk seeking, or at least less risk averse than others. Using a tournament model we show that, due to competitive effects, even risk-neutral entrepreneurs appear to be risk seeking...

We examine if and how incumbent firms respond to entry and entry threats using non-price modes of competition. Our analysis focuses on airline service quality. We find that incumbent on-time performance (OTP) actually worsens in response to entry, and even entry threats, by Southwest Airlines....

What accounts for the rise in income inequality since the 1970s? According to most economists, the answer lies in structural changes in the economy - in particular, technological changes that have raised the demand for highly skilled workers and thereby boosted their pay. Opposing this...