This paper is devoted to the analysis of evolution of innovation concepts, aspect and types. First emergence and evolution of different aspects and concepts of innovation are analysed, then the development of innovation concepts from a historical perspective and finally an overview given of...

In two survey articles on evolutionary economics Hodgson points out that currently a consensus of opinion concerning the meaning and explanation of economic evolution does not exist. But most of the authors involved agree that the common characteristic of its subject is the central importance of...

Abstract: Drawing on McCraw's (2007) biography, this paper assesses the character of Joseph Schumpeter. After a biographical summary of Schumpeter's life and career as an economist, the paper considers a thread of deliberate posturing and pretense in Schumpeter's grandiose ambitions and claims...

This paper aims to outline the layman's understanding of technology within the financial services industry and its uses for compliance and monitoring with federal and state regulation, as an example of achieving financial stability through the Dodd-Frank Wall Street Reform and Consumer Protect...

Is it better to apply effort to increase personal consumption, or control what one wants? The model presented here provides a characterization of demand for self control, namely, its responsiveness to price and risk. Unlike most other models of self control, the model does not identify self...

In 1481 when King John II ascended to the throne of Portugal, it was on the verge of bankruptcy. A quarter of a century later, Portugal all but ruled the world, economically and scientifically – at least. This article seeks to investigate the policy decisions of King John II and his successor,...

Bei der Rezeption der ordoliberalen Freiburger Schule wurde bislang die wirtschaftsethische Perspektive weitgehend vernachlaessigt. Der Aufsatz gibt vertiefte Einblicke in das ethisch-normative Denken des Ordoliberalismus am Beispiel des Werks von Walter Eucken. Dabei wird es neben der...

The aim of this study is to clarify what factors affect the innovation activity of small and medium-sized enterprises (SMEs), and especially the effect of regional factors. Innovations are seen as central phenomena on both micro and macro levels in economy. However, we know little about the...

The article views the structure of an organization's intellectual human capital, which integrates both employees' intellectual, professional and personal abilities to perform innovation activity and their results achieved in the process of this activity. The authors prove the role of...

The role of the European Union (EU) in direct investment into the real sector of the Ukrainian economy is discussed in the article. Activity indicators of Ukrainian industrial enterprises are analyzed. Assessment of the attraction of foreign direct investment from the EU to the real sector of...