The decisive statutory provision of the EU for patent protection of genetic engineering inventions is the so-called directive on biotechnological patents (DBP). Its objective is the encouragement of research and development in the genetic engineering sector. The following exposition shows that...

The decisive statutory provision of the EU for patent protection of genetic engineering inventions is the so-called directive on biotechnological patents (DBP). Its objective is the encouragement of research and development in the genetic engineering sector. The following exposition shows that...

The key to success is to institutionalise integrative thinking in your organization and among employees within co-operative yet highly competitive environments. Therefore, the next section of this paper lays out a general discussion of globalisation versus internationalisation in which an...

The purpose of this study is to find reasonable explanations why cross-border acquisitions of foreign firms are often the preferred strategy to enter new markets. Furthermore, we formalize the choice of market entry strategy for an individual multinational enterprise (MNE) from a dynamic...

One of the major economic developments in the world of the last decade has been the complementary globalization of production and the rapid development of information and communication technology as exhibited through the emergence of the Internet. The preliminary analysis presented here is...

A key feature of globalisation is the increasingly important role of Multinational Enterprises (MNEs) as vehicles for Foreign Direct Investment (FDI). Economic Theory recognises that MNEs can benefit from economic growth in developing countries through generating positive externalities...

The book adresses a topic that is of great importance, both from theoretical as well as practical perspectives. Selected theoretical aspects of direct investment and multinational enterprises and their embedding in modern foreign trade theory are the focus of Broll's research. For the...

Based upon the foundations of mean-variance decision-making theory, we demonstrate that a change in the risk situation of an international enterprise open currency position does not inevitably require a corresponding hedging accommodation. Given a new risk situation, whether a revision of the...

The application of theorectical option pricing evaluation procedures for the analysis of real investment decisions indicates a new trend in the classical theory of investment and finance. In this regard, the formative term of the real option approach subsumes three basic attributes of investment...

The major legal regulation for patent protection of genetic inventions within the European Union (EU) is the so called 'Biopatentrichtlinie' (BPR). The goal of this guideline is the promotion of R&D in the area of genetic engineering. The following paper shows that the BPR lacks two important...