New electricity markets carry inherent risks of volatility and market power abuse - teething troubles that can derail reform. Vesting contracts are transitional financial hedges imposed before privatization to stabilize generator revenues and protect retailers - and, ultimately, consumers - from...

Digitization has reshaped corporate innovation. However, few studies have explored how companies can fully incentivize their human capital in the digital transformation process to improve innovation capabilities. To address this gap, this study proposes a configurational framework that...

"Transformations that advanced and developing countries face as accelerating climate changes, advances in technology, and rising geopolitical tensions disrupt economic structures." - Provided by publisher

Rapid progress in new technologies such as AI has led to widespread anxiety about adverse labor market impacts. This paper asks how to guide innovative efforts so as to increase labor demand and create better-paying jobs while also evaluating the limitations of such an approach. We develop a...

Die soziale Pflegeversicherung steht vor erheblichen finanziellen Herausforderungen: Ihre Ausgaben steigen schneller als die Einnahmen, während zugleich die Eigenanteile der Pflegebedürftigen in der stationären Pflege kontinuierlich zunehmen. Damit gerät ein zentrales Ziel ihrer Einführung...