The recurrence of economic crises serves to illustrate the limits of neoclassical economics and the contemporary established models. Modern-day economic developments are highly influenced by the theory of complexity. In terms of thermodynamics, the inputs of the process consists in economically...

This article analyzes the complexity of the modular tool switching problem arising in flexible manufacturing environments. A single, numerically controlled placement machine is equipped with an online tool magazine consisting of several changeable tool feeder modules. The modules can hold a...

Resource loading appears in many variants in tactical (mid-term) capacity planning in multi-project environments. It develops a rough sketch of the resource usage and timing of the work packages of a portfolio of orders. The orders need to be executed within a time horizon organized into...

This paper discusses the social media paradox in the context of innovation. Innovation is defined as a knowledge intensive process of seeing and doing things differently, whereas social media refers to new ways of being connected. Social media has revolutionised the ways how knowledge is...