This research paper reviews the development of China's outward foreign direct investment (OFDI) to the European Union since the global fnancial crisis, summarizes the apparent characteristics and causes behind that development, provides an in-depth analysis of the problems and deep rooted risks...

Entrepreneurship is fundamental for a country's economic development through its positive effect on innovation, productivity growth, and job creation. In entrepreneurial research, one of the most important problems is to define the factors that actually determine entrepreneurial action. This...

The European Union has adopted several strategies to cope with a set of inter-related problems. The best known is the Europe 2020 strategy with its focus on smart, sustainable and inclusive growth. Another is fostering balanced macro growth via a strengthening of the EMU. Finally the cohesion...

This article seeks to answer two related questions: are celebrity endorsements more likely to be result in a higher evaluation of the product being advertised than use of an anonymous individual (e.g. a typical consumer); and, if present, do these positive effects vary by product category? To...

Economics-based models of firms typically overlook management acts and capability development. We propose a model that analyzes the aggregate behavior of a population of firms resulting from both specific management decisions and learning processes, that induce changes in companies’...

The purpose of this work is to identify whether the development of an insurance market is linked to economic growth in former transition countries. A multiple regression analysis is employed to estimate the insurance-growth relationship, using a cross-country panel dataset analysis tracking...

The primary objective of the study was to quantitatively test the DART model, which despite being one of the most popular representations of co-creation concept was so far studied almost solely with qualitative methods. To this end, the researchers developed a multiple measurement scale and...

This paper investigates the effects of firm size, competition and access to finance on the innovation performance of that firm. After a review of the relevant literature, three logit models are proposed and tested. The empirical analysis is based on the business environment and enterprise...