Dies ist die Abtrittsvorlesung des Autors nach dreißigjähriger (1992-2022) Tätigkeit als Professor für Volkswirtschaftslehre an der TU Bergakademie Freiberg. Er will am Beispiel der Europäischen Währungsunion die wirtschafts- und politiktheoretische Fruchtbarkeit der aus seiner Sicht...

Objective: The objective of the article is to examine the role of foreign venture capital and foreign business angels in companies' early internationalization based on the example of Polish ICT start-ups. Research Design & Methods: We based the scientific argument on an analysis of the existing...

In this paper I make an effort to formalize the possibility of transfer of financial capital across time zones to exploit the benefit of day night mismatch between two countries. The major precondition for such transaction is the completion of production, buying and selling of the product in...

Introduction: Critically Returning to Rudolf Hilferding Judith Dellheim and Frieder Otto Wolf -- Rethinking Hilferding’s Finance Capital Michael R. Krätke -- From Luxemburg to Sweezy: Notes on the Intellectual Influence of Hilferding’s Finance Capital Nikos Stravelakis -- Contradictions in...

Entrepreneurship is a crucial ingredient of economic growth and job creation. Small business start-ups are currently of great interest to many state and local governments including Indiana. With the growing need to stimulate small business development, it is necessary to understand the obstacles...

Most developing countries have imposed restrictions on domestic and international financial transactions at one time or another. Such restrictions have allowed governments to generate significant proportions of their revenues from financial repression while restraining inflation. The eventual...

This study investigates the relationship between production efficiency in financial intermediation and financial system size. The study predicts and tests for the existence of "systemic scale economies" (SSEs), whereby value-maximizing intermediaries operating in large systems are expected to...