Purpose – Paper argues that the proper approach to the topic of economic welfare should include an appreciation that markets are not characterized by an endogenous tendency towards equilibrium. The economists, Schumpeter, Keynes and Minsky are right in this regard as opposed to Adam Smith and...

Purpose This paper aims to examine a cluster-based strategy implemented in the German federal state of North Rhine-Westphalia under the 2007-2013 “Regional Competitiveness and Employment” programme. Departing from traditional discretionary approaches, a substantial share of the funds was now...

The dispersion of talent within the United States is not uniform. There is sufficient statistical evidence to suggest that there is an interstate brain drain phenomenon occurring within the country. The authors set out to examine this by first determining whether states could be classified into...

Purpose – Many countries have experienced, or are experiencing, urbanization. One such example is China. Even though the large‐scale rural‐urban migration seems chaotic on the surface, there are certain underlying forces driving individual decisions. The purpose of this paper is to provide...

Zusammenfassung Nach Colander ist die moderne Ökonomik primär „Modellökonomik“. Modelle müssen testbar sein, um das Prinzip „theory with measurement“ zu realisieren. Diese Vorgehensweise wurde kürzlich von Blaug heftig kritisiert und von ihm die Meinung vertreten, daß der...

Summary Does evolutionary theory help, for a theory of the firm, or, more widely, a theory of organization? In this paper I argue that it does, to some but also limited extent. Evolutionary theories of economies, and of culture, have acquired considerable following, but have also been subject to...

Purpose – This paper aims to provide a history of graduate healthcare management education in the USA with an emphasis on the comparison of business schools and health science settings. It seeks to explain why different organizational cultures exist and how this affects education....

Purpose – This qualitative study attempts to understand what kinds of evolutionary selection and variation occur in family businesses during the preparation of a managerial and ownership succession. Design/methodology/approach – The study was conducted by interviewing members of one family...

Zusammenfassung Die Krankenversicherungssysteme der EU-Mitgliedstaaten weisen eine unterschiedliche starke soziale Komponente auf. Wäre der Zugang zu einem derartigen System ohne Beschränkung möglich und könnten die Leistungen in der gesamten EU in Anspruch genommen werden, würde dies bei...

Zusammenfassung Die Ziele dieser Studie sind die Messung der Änderungen von Effizienz und Produktivität in der deutschen Versicherungswirtschaft. Damit wird eine wichtige Auswirkung der durch die Europäische Integration induzierten Deregulierung und Öffnung des deutschen Versicherungsmarkts...