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Hold-up in Ventures for Technology Transfer

Entrepreneurs and Investors found ventures for transferring technology and bringing it closer to the market.
Focusing on a situation in which the investor exercises hold-up at the disadvantage of the entrepreneur, this paper works on three points: We identify (1) conditions which make hold-up possible, and discuss (2) measures which help entrepreneurs to protect themselves…

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English / 01/01/2017

Russia’s New Concept of the State Migration Policy until 2025: A Reform towards Effective Policies for International Economic Migrants?

Russia’s new Concept of the State Migration Policy until 2025 (the CSMP) was approved on 13 June 2012. As the first comprehensive, nationwide document on migration policy in the modern history of Russia, it marks the beginning of a decisive reform of the country’s migration policy by departing from the existing focus on temporary foreign workers. The emphasis of the CSMP is on…

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English / 01/01/2017

CEOs' Personality and Abilities matter: Their Influence on SME Behavior and Performance

This dissertation including three distinct papers investigates what roles personal characteristics and abilities of chief executive officers (CEOs) play in the exploration, exploitation, and performance of small and medium-sized enterprises (SMEs). The dissertation thereby focuses on one aspect of CEOs’ characteristics, namely, their regulatory focus (promotion focus and prevention…

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English / 01/01/2017

The Structure of the Global Reinsurance Market: An Analysis of Efficiency, Scale, and Scope

We estimate economies of scale and scope as well as cost and revenue efficiency to explain the structure of the global reinsurance market, where large reinsurers dominate but both diversified and specialized reinsurers are competitive. The costs and benefits of size and product diversification are particularly relevant to the reinsurance industry, as risk diversification is central…

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English / 01/01/2017

Contract Nonperformance Risk and Ambiguity in Insurance Markets

Insurance contracts may fail to perform, leading to a total or partial default on valid claims. We extend models of such probabilistic insurance to allow for ambiguity in contract nonperformance risk, and derive formally that mean-preserving ambiguity reduces demand. The results of a field lab experiment are consistent with this logic. In particular, we find that a 10 percent…

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English / 01/01/2017

By accident and by design: Composing affective atmospheres in an urban art intervention

This article argues that the notion of affective atmosphere provides a privileged access to the study of organizational affect as it relates to a spatial ontology of ‘being-together-in-a-sphere’. Drawing on the study of affective atmospheres in philosophy and cultural geography, we develop a conceptual positioning from which to analyze a musical intervention in the streets and…

English / 01/01/2017

Sorting on the Used-Car Market After the Volkswagen Emission Scandal

The disclosure of the VW emission manipulation scandal caused a quasi-experimental market shock in the observable quality of VW diesel vehicles. We consider a classical model for adverse selection and sorting to derive an empirically testable hypothesis about the impact of observable quality on the supply of used cars. We test the hypothesis with data collected from an online car…

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English / 01/01/2017

Digitalization Decisions at the Board Level

In the digital era, the board of directors has an additional task: information governance. While storing data is no longer the problem, handling the data is. At the strategic management level, decisions have to be made as to the processes, organizational measures, and technologies required to actively manage the data throughout its life cycle in compliance with external and internal…

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English / 01/01/2017

The Role of Data Providers as Information Intermediaries

This study investigates whether financial data providers serve as information intermediaries in capital markets. To this end, I examine whether the timeliness of earnings information disseminated by First Call (Thomson Reuters) affects the market's reaction to earnings announcements. I document that the immediate price and volume response is weaker and the post-earnings…

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English / 01/01/2017

Sustainable Furniture That Grows With End-users

Economically and environmentally it might be more responsible or even feasible to combine products and services to elongate product lifetime. Gispen, a major office furniture producer in the Netherlands, has embraced circular economic principles to create new business, extend product life time and improve the adaptability of their products. In the Use-it-Wisely (UIW) project two…

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English / 01/01/2017

A Political Companion to Philip Roth

Philip Roth is widely acknowledged as one of the twentieth century’s most prolific and acclaimed writers. Roth’s first novel, Goodbye, Columbus (1959), received the National Book Award, and he followed this stunning debut with more than thirty books—earning another National Book Award, two National Book Critics Circle awards, three PEN/Faulkner Awards, and the Pulitzer Prize.…

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English / 01/01/2017

Supporting the Small-to-Medium Vessel Industry

The aim of this chapter is to present a methodology for supporting the collaboration between the involved parties and for augmenting the final product with an always up to date digital file. The methodology is based on three support tools, which focus on the life cycle of small craft passenger vessels made of composite materials. The chapter concentrates on FRP (Fibreglass Reinforced…

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English / 01/01/2017

The Use-it-Wisely (UIW) Approach

Industrial products and services must be continually upgraded to meet changing demands of enhanced functionality and performance. The digital transformation of industry, together with new emerging technologies, enables improved solutions but at the same time cause increasing complexity and interdependence between system components. New forms of collaboration across the value chain…

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English / 01/01/2017

Dynamics of Long-Life Assets: The Editors’ Intro

The manufacturing industry is changing. Driven by a number of concurrent trends, including economic and political development, technological breakthroughs and social connectivity, the impacts on industry in general are fundamental. Companies need to find ways to adapt to this change in collaboration with actors across their value networks. For long-life industrial assets, i.e.,…

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English / 01/01/2017

Complexity Management and System Dynamics Thinking

With the dawn of the internet, mobile technology, cloud computing etc. our socio-technical environment has become ever more intertwined and hyper-complex. The field of complexity management tries to devise methods and methodologies to cope with the challenges arising from complexity. This chapter provides a brief overview of the field of complexity management. More specifi-cally, it…

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English / 01/01/2017

Innovation Management with an Emphasis on Co-Creation

Innovation management is a means of supporting an understanding of an organisation’s operating environment and enables the organisation to create and manage innovations more systematically throughout a system’s life-cycle. This chapter introduces innovation management and co-creation in general, and details the methods of design thinking and business model canvas, thereby enabling…

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English / 01/01/2017

Monetary Policy, Bank Lending and Corporate Investment

The purpose of this study is to shed light on the chain of causality frommacroeconomic financial policy to the microeconomic investment function. Concretely, we aim to provide an in-depth analysis of the relationships between the monetary policy of central banks, the loan policy of commercial banks, and the investment behavior of firms. We focus on countries that conduct their…

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English / 01/01/2017

“It crosses all the boundaries”: Unconventional and hybrid language use as communicative resource

This study contributes to language-sensitive International Business research by examining forms of language use other than monolingual conversations in national languages. It focuses on hybrid languages that are derived from heterogeneous language sources. Based on modern linguistic research, the study conceptualises multilingualism as joint mobilisation of linguistic resources.…

English / 01/01/2017

Critical Entrepreneurship Studies: A Manifesto

In light of the ongoing dominance of functionalist approaches as well as recent signs of change towards more critical and nuanced perspectives, we offer this book as a collection of critical narratives which render visible diverse examples of non-traditional entrepreneurship as well as usually overshadowed aspects of ‘traditional’ entrepreneurship. The chapters in this book…

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English / 01/01/2017

Ethnographies of social enterprise

Purpose – As a critical and intimate form of inquiry, ethnography remains close to lived realities and equips scholars with a unique methodological angle on social phenomena. This paper aims to explore the potential gains from an increased use of ethnography in social enterprise studies.

Design/methodology/approach – The authors develop the argument through a set of dualistic…

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English / 01/01/2017

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