The objective of this study is to explore how the level of interdependence and that of decomposability at the industry level moderate the contribution of exploration and exploitation to firms' long-run financial performance. We employ patent data to measure interdependence and decomposability...

Governance is the set of structural features needed to effectively manage a company oriented toward the creation of value. Starting by considering an organization as a viable system, whose ability to survive depends on actions by the governing board and the pressure and expectations expressed by...

<em>Measuring the value of the wine productive chain: toward the development of a model of analysis</em> - This study presents the theoretical construct named "extended productive chain" as a model that may possibly be used in order to express and measure the value of the multiple relationships and...

The paper represents an initial effort to shed light on the determinants of the implied volatility smile in financial (derivative) markets. It fully details the implications of the institutionalization of the Black-Scholes model in an uncertain world populated by individuals who are bounded by...