We develop a behavioral theory of real options that relaxes the informational and behavioral assumptions underlying applications of financial options theory to real assets. To do so, we augment real option theory's focus on uncertain future asset values (prospective uncertainty) with feedback...

Arabic Abstract: هدفت الورقة لتوضيح هيكل الاستثمارات الصناعية بالتركيز على صناعة السكر وما تقدمه من مساهمة في التنمية الاقتصادية، وذلك بإيجاد طرق لتفعيل دور...

Open and participatory budget making is imperative for good governance; yet by international standards India fares badly on this count. this article analyses the process of budget preparation and suggests how it can be made more transparent and participatory

Accounting and Financial methods are useful techniques for business, but their objective study should be inserted in the wider scope of Social Science. Historical issues determine policies and these ones, themselves, configure taxes and other environmental variables. Taxes, interest rates and...

The submitted paper is intended to revolutionize the handling methods of credit sheets and the means of collecting budgetary incomes, on one hand, and to allow operators to verify in real time the happening and recording of an economical phenomenon in the area of credit ordination through the...

Until the twenty one century, innovation and ideas have been a valuable asset to accelerate the process of technological catch-up, sustain productivity growth and competitiveness. To determine where innovation is standing up, countries and organizations need to adapt innovation capacity to...

Organizational growth and performance hinge upon the effective implementation and transfer of technological knowledge. Implementing and transferring such knowledge however can be difficult and time-consuming. Interestingly, we understand little about what determines the performance of...

This paper focusses on the definition of the word ‘innovation’ as used in scholarly manuscripts (books and articles) about the Innovation. The research was done in 1988, and reported in the Dutch Language in a Research Paper of the University of Eindhoven (The Netherlands). As preparation...

Geographical clusters of innovative activity are mediums for the efficient transfer of tacit knowledge and its effective translation into innovation. Their force of attraction stems from their ability to lower variable costs in innovative processes. Lower variable costs are the result of...