This article aims to explore the factors influencing MSMEs - Micro, Small, and Medium Enterprises production process improvement using variables of VRIO (Value Rarity, Inimitability, and Organization) resources and capabilities, foreign market knowledge, and internationalization. This research...

This paper investigates the causal relationship between corruption and fixed capital investment in Russian regions. The panel data on corruption allow to control for unobserved heterogeneity with fixed effects estimation. We address the problem of endogeneity by introducing novel instrumental...

A corporate governance model built around hierarchical structures, in which authority and empowerment flows through the board of directors to management and eventually staff, and the board is responsible to shareholders (the owners) of a company, worked well in an era of industrial capitalism,...

The development of a knowledge economy is a key priority for innovative progress and for ensuring the country's competitiveness through the efficient use of intellectual resources and human capital. Our paper is focused on a necessity to find out the influence of human capital in providing...

Intellectual capital is recognized as the most important driver of economic development and the key to enhancing innovation and performance. This research seeks to examine the impact of intellectual capital (human, relational, and structural) on employee performance through the mediating role of...