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Globalization brings both good and bad job news. The bad news is that jobs will be outsourced from high-cost developed countries into lower-cost locations as soon as the associated economic activity becomes mechanized and predictable. The good news is that globalization creates opportunities...
Persistent link: https://www.econbiz.de/10011573609
Most OECD countries have recently introduced product market reforms with the objective of lowering barriers to entry and increasing competition in many sectors, such as telecommunications, utilities, and transport. The timing and extent of regulatory reform have varied significantly, starting in...
Persistent link: https://www.econbiz.de/10011573656
decision to innovate: simultaneously (one-stage model) or sequentially (two-stage model). Afterwards, once the innovation … that the two-stage model has a statistically significant advantage in predicting innovation. Indeed, it is shown that the … sequential model illustrates well the innovation making-decision procedures. In fact, the main determinant behind the dominance …
Persistent link: https://www.econbiz.de/10011808517
It is not possible for a formal employment contract to detail everything an employee should do and when. Informal relationships, in particular trust, allow managers to arrange a business in a more productive way; high-trust firms are both more profitable and faster growing. For example, if they...
Persistent link: https://www.econbiz.de/10014331196
We evaluated the execution of the operational programs (OPs) committed to encouraging the adoption of information and communication technologies (ICTs) in small and medium-sized enterprises (SMEs). To achieve this goal, we employed a novel three-stage weighted Russel directional distance (WRDD)...
Persistent link: https://www.econbiz.de/10014329647
, skills, quality, and engineering. The challenge is how to design industrial and innovation policies so that they promote …
Persistent link: https://www.econbiz.de/10011662657
externally through open innovation is a possible approach to go beyond the internal development of innovations. One practice of … open innovation to assimilate external knowledge is corporate venture capital (CVC), meaning minority investments in … approach to engage in open innovation practices, since it allows one to pursue a range of different strategic objectives …
Persistent link: https://www.econbiz.de/10012620466
Industry 4.0 was introduced in 2011 and since then has been perceived in multiple ways such as a vision, a paradigm, a scenario or as a digital revolution in production and service organizations. Even though Industry 4.0 is associated with great improvements for companies, there is still a lack...
Persistent link: https://www.econbiz.de/10012620576
This study collected literature on augmented reality (AR) from academic and patent databases to plot the historic development trajectory of AR and forecast its future research and development trends. A total of 3193 and 13,629 papers were collected from academic and patent databases,...
Persistent link: https://www.econbiz.de/10012620612
Large imbalances between the supply and demand for skills in transition economies are driven by rapid economic restructuring, misalignment of the education system with labor market needs, and underdeveloped adult education and training systems. The costs of mismatches can be large and...
Persistent link: https://www.econbiz.de/10011573614