Inspired by Schumpeter's seminal depiction of the entrepreneur, this paper recasts this heroic portrait in a more rigorous theoretical framework, leveraging a model of individual value preferences by Schwartz. The entrepreneurial spirit, it is argued, consists of particular value preferences:...

I analyze the Renaissance art market in Italy through a unique dataset on primary commissions between 1285 and 1550. Hedonic regressions on the real price of paintings allow me to advance evidence that the art market was to a large extent competitive, and that an important determinant of...

Corporate Strategy is concerned with managing information that is systemic for quick decision making in organizations. Corporate Social Responsibility (CSR) programs are increasingly becoming popular in use as an element in the overall corporate strategy of many companies today. Over the years,...

The current article presents and justifies the wise use of natural analogies in teaching Firm culture at the Universities and in consulting activities in organizations, associated with necessary study of an existing firm culture, before undertaking change management initiatives that are intended...

Peer review is fundamental to the efficacy of the scientific process. We draw from our experience both as editors, authors and association representatives to provide a set of guidelines for referees in preparing their reports and cover letters to journal editors. While our document is directed...

This guide gives tips on how to do (quantitative) research and on how to write it up. These insights seem to hold throughout all (social) sciences. I illustrate them using examples from finance and economics. My main goal is to save budding researchers time by preventing them from doing bad...

This guide gives tips on how to do (quantitative) research and on how to write it up. These insights seem to hold throughout all (social) sciences. I illustrate them using examples from finance and economics. My main goal is to save budding researchers time by preventing them from doing bad...

In the late 1990s, as economists looked back the development period in Africa since 1970s, they put forward the notion “African growth tragedy” , meaning that Africa's poor growth and resulting low income is associated with low schooling, political instability, underdeveloped financial...

Online price dispersion has remained a puzzle for many years. In this article, we test the effects of a range of factors identified in the literature including vendor strategy, market structure, vendor heterogeneity and the time dimension. We use a dataset collected from the Amazon.com,...

This paper surveys a variety of topics related to network economics. Topics covered include: consumer demand under network effects, compatibility decisions and standardization, technology advances in network industries, two-sided markets, information networks and intellectual property, and...