infonet-economy

In this paper, we address the pre-project phase of idea generation in the product innovation process, where the effective generation of new product ideas still remains an issue of high relevance for both management scholars and practitioners. We relate Nonaka and colleagues’ four knowledge creation modes of socialization, externalization, combination, and internalization to the...

The aim of this paper is to provide an overview of the main challenges imposed by demographic change on the human resource management (HRM) policies of German companies. Although many more aspects of business are affected by demographic change, such as changes in consumption or in savings and investment and therefore in capital costs, we concentrate on changes in personnel policies...

Im Zuge der Bankenkrise ist der Ruf nach einer schärferen Regulierung der Managergehälter laut geworden. Der Autor zeigt, dass staatliche Vorschriften in der Vergangenheit kaum je nützten und häufig unerwünschte Nebenwirkungen hatten. Erfolgversprechender wäre, den Aktionären mehr Kontrollrechte in Vergütungsfragen zu geben.

Multinational Corporations can contribute to reach the targeted poverty reduction goals – the Millennium Development Goals of the United Nations. Linking the core business of a multinational with development goals can be found in the concept of Serving the Base of the Pyramid mainly pushed by C.K. Prahalad and Stuart L. Hart. In the “classic” development work, bottom up approaches,...

Mainstream theorizing in management and economics is based on the assumption that business firms focus on profits only, while it is the task of the state system to provide public goods and to regulate the economy in such a way that business activities contribute to the common good. Business firms are conceived of as private actors and governments and their state agencies are...

The paper is concerned with the concept of leadership responsibility. Responsible leadership understood as normatively appropriate conduct in the pursuit of the organizational goals addresses the challenges of nowadays’ leaders in the light of global transformation processes. The paper argues that existing schools of the leadership phenomenon, herein paradigmatically grouped as “...

This paper provides new empirical evidence for the effect of corporate social responsibility (CSR) on corporate financial performance. In contrast to former studies, we examine two different regions, namely the USA and Europe. Our econometric analysis shows that envi-ronmental and social activities of a firm compared with other firms within the industry are valued by financial...