Distributed ledger technology, invented for cryptocurrencies, is increasingly understood as a new general-purpose technology for a broad range of economic activities that rely on consensus of a database of transactions or records. However, blockchains are more than just a disruptive new ICT....

Using firm-level data from nine developing countries we demonstrate that (a) certain institutions like restrictive labour market regulations that are considered to be bad for economic growth might be beneficial for production efficiency, whereas (b) good business environment which is considered...

We explore reasons underlying the economic prosperity of certain popular merchants in Bolivia. Even if economics often associates popular merchants with poor economic performance and low productivity, anthropological evidence shows the existence of large fortunes in the bolivian popular economy...

Berkshire Hathaway, among history's largest and most successful corporations, shuns middlemen; its chairman, the legendary investor Warren Buffett, excoriates financial intermediaries. The acquisitive conglomerate rarely borrows money, retains brokers, or hires consultants. Its governance is...

A major consequence of the Internet era is the emergence of complex “platforms” that combine technology and process in new ways that often disrupt existing industry structures and blur industry boundaries. These platforms allow easy participation that often strengthens and extends network...

Cloud computing, which can be described as a technology for provisioning computing infrastructure as a service, runtime platform as a service, and software as a service, is considered as a keystone for innovation in the IT area. However, a limiting factor to innovation through cloud computing...

The role of technological innovation in enhancing competitive advantage at the level of individual companies and industries, regions, and even countries, has increased interest in the innovation component of the cluster, and has led to revision of the concept of the treatment of cluster effects...

In 1989 a research team from the AustraliaJapan Research Centre (AJRC) undertook a study of the prospects for the East Asian steel industry for the 1990s. The aim was to assess the impact of developments in the region on industry strategies in Australia. This paper reviews those projections to...

The US economy had accelerated economic growth since the late 1990s. At first, many economists and policy makers believed that the rapid growth in the IT industry and IT investment contributed to the acceleration in US economic growth and many advanced countries supported the IT industry and IT...

This document is the proceedings of a remarkable workshop held in Skukuza, Kruger National Park (KNP) from 17-19 September 2013 and jointly organised by SANParks and Resource Africa. The aim of the workshop was to set the stage for the development of rural community rhino farms on the boundary...