The purpose of this paper is to assess whether the implementation of excellence approach in area of a total quality management (TQM) positively affects the financial performance of the Czech companies. This paper test whether the adoption of excellence model approach from European Foundation of...

This paper analyzes the duration of large economic declines and provides a theory of delayed recovery. First, we develop a formal political economy model that illustrates a simple mechanism of how weak constraints on the political executive can lead to longer declines in ethnically heterogeneous...

We jointly analyze the causal effects of geography, trade integration, and institutional quality on different income groups for developing and developed countries from 1983 to 2012. Favorable geographic conditions tend to discriminate strongly between income groups as low incomes benefit whereas...

This article analyses recent efforts to create a different institutional framework in Pará State, Brazilian Amazon to promote sustainable development. The region is economically peripheral to capitalism. Historically, Amazon river delta has been used as source of raw materials since XVII...

Territorial Cooperation (TC) has been possible because there is a trajectory of many years of work invested by the local actors, participants who have become the architects of TC through the city or region involved. Transcontinental cooperation as studied by the European Union TERCO project is...

Small and medium enterprises (SMEs) represent an important part of the Croatian economy. In 2011 SMEs achieved a share of 50.2% of gross domestic product (GDP), 65.5% of employment and 42% of Croatian exports. In the paper will be elaborated importance of the small and medium enterprise sector...

We study the connection between economic performance and the quality of government institutions for the sample of 103 Italian NUTS3 regions, including new measures of institutional quality calculated using data on the provision of four areas of public service: health, educational...

The paper is motivated by an interest in how clusters come into being and why they emerge in particular locations. The literature includes two main views on this topic. A first view underlines that new clusters often start out in a particular location more or less by chance, often because some...

This paper elaborates on how the global discourse on creative economy is interpreted in developing countries. We accomplish this by examining how the discourse has been institutionalized in several Indonesian cities. As an effect of decentralization, localities attempt to become a winner among...