Corporate bankruptcy in Germany has been on a long-run decline. Even before the recent double crisis of the pandemic and multiple cost shocks, bankruptcy figures were one-third lower than around the turn of the century but were larger and affected more mature firms. With the onset of the double...

Digital finance plays a major role in improving access to, usage and quality of financial services in developing countries. The use of these platforms has been associated with a positive impact on economic growth and people's welfare. They allow for convenient, secure, and efficient transaction...

We consider a mean-field model of firms competing à la Cournot on a commodity market, where the commodity price is given in terms of a power inverse demand function of the industry-aggregate production. Investment is irreversible and production capacity depreciates at a constant rate....

The progressing globalization processes and new technological solutions require the organization to constantly adapt to changes taking place in the environment. More and more companies implement process management, both at the strategic and operational levels, considering the project and...

Common institutional ownership has become a significant form of shareholding in the capital market. Using panel data on 2395 listed companies in China from 2007 to 2020, we examine the investment efficiency of this ownership practice on microcorporate investment behavior. The estimates indicate...

The prevalence of digital ecosystems and platforms underscores the need for a deeper understanding of the factors that influence performance variations within these platforms. This study introduced a multidimensional model to examine the platform ecosystem characteristics that affect performance...

Objective: This study aims to assess the role of the relationships between organizations in shaping entrepreneurial performance. In particular, I tested the mediating role of inter-organizational cooperation and competition in the relationship between entrepreneurial orientation and firm...

The increasing turbulence of the economic environment leads to changes in the business style, and adapting to this new style requires a cluster approach. In this sense, the goal of the research relates to determining the impact of the cluster internal and external interaction on innovative...

Entrepreneurs, opportunities, and entrepreneurial behaviors play an important role within the theory of entrepreneurship. However, we have limited knowledge about possible associations among these factors. Therefore, this study investigates these interactions. The study aims to identify the...

Die Eisenbahninfrastruktur des DB Konzerns wird seit der Bahnreform 1994 zusammen mit den Eisenbahnverkehrsunternehmen in einer vertikal integrierten Konzernstruktur organisiert. Diese Konzernstruktur steht jedoch im Verdacht, Wettbewerbsverzerrungen auf der Ebene der...