In the following note, the concept of forfaiting as well as various forms of forfaiting are discussed. The following criteria are used to distinguish different forms of forfaiting - type of financial instrument that secures a receivable, placing of risk, additional services, number of parties to...

The following item briefly presents and discusses the role of creators and innovation in the Schumpeterian economic development. The special emphasis is put on three actors in the Schumpeterian system - inventors, entrepreneurs and capitalists. Also, the further Schumpeter's theory of innovation...

In the following note, the concept of forfaiting as well as various forms of forfaiting are discussed. The following criteria are used to distinguish different forms of forfaiting – type of financial instrument that secures a receivable, placing of risk, additional services, number of parties...

Objective: The aim of this article is to investigate the impact of vertical R&D cooperation on market performance of firms. Specifically, we explore the impact of vertical R&D cooperation on firms’ process innovation, outputs, market prices, and economic profits. Research Design & Methods: We...

The aim of this article is to investigate the impacts of cooperative and non-cooperative R&D strategies on product innovation and firm performance. Based on the industrial economics literature and the optimisation model, R&D competition, R&D cartelisation, and full industry cartelisation...

The aim of this article is to investigate the impacts of cooperative and non-cooperative R&D strategies on product innovation and firm performance. Based on the industrial economics literature and the optimisation model, R&D competition, R&D cartelisation, and full industry cartelisation...

Objective: The aim of this article is to investigate the impact of vertical R&D cooperation on market performance of firms. Specifically, we explore the impact of vertical R&D cooperation on firms’ process innovation, outputs, market prices, and economic profits. Research Design & Methods: We...