"While the conditions of production give some guidance to what factor groupings are desirable ceteris paribus, they do not determine the boundaries of a neoclassical firm (a legal entity with a residual claimant). Indeed, they could just as well be related to other groupings, such as...

Although the economics of education and individual innovation are analyzed in literature separately, the mechanism of how education influences individual innovation performance is still poorly understood. Many individuals join value engineering projects (VEPs) to improve production which is a...