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Is time-varying firm-level uncertainty a major cause or amplifier of the business cycle? This paper investigates this question in the context of a heterogeneous-firm RBC model with persistent firm-level productivity shocks and lumpy capital adjustment, where cyclical changes in uncertainty...
Persistent link: https://www.econbiz.de/10003898815
economic prospects, firms had to cut costs and reconsider their business strategies. With respect to innovation, cost cutting … often means to stop or underresource innovation projects which may harm a firm's long-term competitiveness. Firms may … therefore refrain from reducing innovation budgets during crises but rather deliberately allocate more resources to innovation …
Persistent link: https://www.econbiz.de/10010511218
disciplines, although surprisingly little from the innovation research community. The writings from our colleagues however lead us … to suspect that PSS developing firms might pursue an innovation behavior that is much more in line with recent societal … knowledge this argument has yet been hardly discussed in detail. Drawing on concepts from the innovation management literature …
Persistent link: https://www.econbiz.de/10012857078
Marketing strategists should create, maintain, and arrest the decay of causally ambiguous resource competences that lead to competitiveness and thus performance. However, competence causal ambiguity, which helps create competitiveness, is also implicated in competitiveness decay. In this study...
Persistent link: https://www.econbiz.de/10014039997
In a previous publication The Board’s Responsibility for Information Technology Governance, (with Kara Altenbaumer-Price) we examined: The IT Governance Institute’s Executive Summary and Framework for Control Objectives for Information and Related Technology 4.1 (COBIT®); reviewed the Weill...
Persistent link: https://www.econbiz.de/10014164115
The loss of private customer data such as Social Security numbers, credit card numbers, birth-dates, and other confidential information to unauthorized third parties presents a daunting set of challenges and legal obligations to affected businesses. Identity theft has been America's “fastest...
Persistent link: https://www.econbiz.de/10014168397
Given the current risk environment, businesses are obligated to do their utmost to protect systems and ensure consumer confidentiality. Unfortunately, even the prudent and vigilant business entities may still be susceptible to data theft or other outside system intrusion. In this respect, sound...
Persistent link: https://www.econbiz.de/10013102078
Leadership behaviors of wildland firefighting teams engaged in firefighting activities are “shared” despite the existence of a highly bureaucratic and hierarchical organizational structure. This paradoxical type of leadership appears to be based on individual perceptions of the effectiveness...
Persistent link: https://www.econbiz.de/10013226275
Despite the widespread use of economic information to anticipate changes in business conditions, innovation metrics are …
Persistent link: https://www.econbiz.de/10012865996
This study investigates how companies adjusted their investments in key strategic resources -- i.e., their workforce, capital expenditures, R&D, and CSR -- in response to the sharp increase in the cost of credit (the "credit crunch") during the financial crisis of 2007-2009. We compare companies...
Persistent link: https://www.econbiz.de/10014036010