This paper examines how legally restricted access to banking services affects small and medium-sized enterprises (SMEs) in a highly developed country. Using a mixed-method approach, we examine the unique situation of the US marijuana industry. The industry benefits from the superior...

The Turkish low voltage switchgear sector is made up of several local and international companies. Generally, local companies operating in this sector try to get a competitive advantage by fabricating cheap products , in order to cope with the competition that focuses more on quality. What's...

We empirically study the price adjustment process at multiproduct retail stores. We use a unique store level data set for five large supermarket and one drugstore chains in the USA, to document the exact process required to change prices. Our data set allows us to study this process in great...

Companies that know how to set the right prices for their products and services understand that pricing isn’t simply a matter of good tactics. By investing in specific areas of organizational capital, they’ve made it a strategic weapon that competitors can only envy.

In the early 1990's, the Argentine government promoted a framework for productivity-based negotiations between firms and unions at low levels of organization. The policy weakened the industry-wide collective bargaining system, which sets working conditions for all firms in an industry. This...

Central Europe has experienced one of the most impressive growth and convergence stories of recent times. In particular, this has been achieved on the back of foreign-owned, capital-intensive manufacturing production in the automotive sector. With large domestic supplier networks and high skill...

The contention that 'inclusive' institutions are the deep determinants of economic growth remains unsatisfactory. This paper develops an alternative theoretical and empirical case that economic structures are the fundamental cause of economic performance. Economic structures determine the rate...

The knowledge-based economy, along with the impact of information society technologies, presents the service organizations and their customers with many potential opportunities as well as challenges. Therefore, this study explores how the knowledge-based economy could influence the quality...

Der Erfolg der digitalen Transformation hängt entscheidend von der Verfügbarkeit globaler Standards ab. Um ohne Friktionen zu kommunizieren, brauchen alle Elemente eines Netzwerks eine gemeinsame Sprache, die sich in Standards bei Prozess- und Produktstammdaten äußert. Ohne Standards muss...

Innovationen entstehen zunehmend durch vernetzte Forschung und Kooperationen, die über Unternehmens-, Branchen- und Ländergrenzen hinweg erfolgen. Standards können dazu einen wichtigen Beitrag leisten, indem sie einen reibungslosen Austausch von Daten ermöglichen und die Vernetzung...