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A substantial number of studies have extended the work on universal properties in physical systems to complex networks in social, biological, and technological systems. In this paper, we present a complex networks perspective on interfirm organizational networks by mapping, analyzing and...
Persistent link: https://www.econbiz.de/10015227719
Over the past century, the institution of capital and the process of its accumulation have been fundamentally transformed. By contrast, the theories that explain this institution and process have remained largely unchanged. The purpose of this paper is to address this mismatch. Using a broad...
Persistent link: https://www.econbiz.de/10015242369
framework for inflation as a process of restructuring. Contrary to existing theories of inflation, which tend to take structure … restructuring arises as an integral part of capital accumulation. On the aggregate level, inflation appears as stagflation, with the … inflationary restructuring: the first, which lasted until 1970, involved rapid increases in aggregate concentration with relatively …
Persistent link: https://www.econbiz.de/10015242716
.After extensive restructuring during the telecommunications industry downturn of 2001-2003, why was Lucent unable to re …
Persistent link: https://www.econbiz.de/10015221179
We introduce a model of proportional growth to explain the distribution of business firm growth rates. The model predicts that it is exponential in the central part and depicts an asymptotic power-law behavior in the tails with an exponent ζ = 3. Because of data limitations, previous studies in...
Persistent link: https://www.econbiz.de/10015217368
Complex systems can be characterized by classes of equivalency of their elements defined according to system specific rules. We propose a generalized preferential attachment model to describe the class size distribution. The model postulates preferential growth of the existing classes and the...
Persistent link: https://www.econbiz.de/10015217370
We present a preferential attachment growth model to obtain the distribution P(K) of number of units K in the classes which may represent business firms or other socio-economic entities. We found that P(K) is described in its central part by a power law with an exponent φ = 2+b/(1−b) which...
Persistent link: https://www.econbiz.de/10015217422
We introduce a model of proportional growth to explain the distribution P(g) of business firm growth rates. The model predicts that P(g) is Laplace in the central part and depicts an asymptotic power-law behavior in the tails with an exponent ζ = 3. Because of data limitations, previous studies...
Persistent link: https://www.econbiz.de/10015217423
This study examines productivity and profitability of Italian manufacturing corporations in relation to IT usage and offshoring of intermediate goods. The information set is based on a balanced panel of enterprises' economic accounts and foreign trade statistics for the years 2000-2004, linked...
Persistent link: https://www.econbiz.de/10015221190
The bulk of the global innovative effort takes place in 5 countries: USA, Japan and China as leaders, with France and United Kingdom as immediate followers, which all display, on the long run, a negative marginal value added on innovation. The present paper attempts to answer the following...
Persistent link: https://www.econbiz.de/10015223233