infonet-economy

Customer Value (CV) is one of the most crucial concepts in the field of marketing. Literature states that the identification and creation of CV is decisive for the strategic success of any organization. Moreover, CV was coined a hot research topic in the field of marketing for the years of 2010-2012 by the Marketing Science Institute (2011). However, there is still no clear opinion...

Purpose - Presenting empirical findings from an ethnography on the making of contemporary dance and movement theatre, this paper aims to deepen our understanding of organizational creativity as practice driven by the nexus of idea generation and evaluation. From a practice-based perspective situated in a sociology of attachment (Hennion, 2004; 2007), the concept of ‘taste-making...

Every year 400,000 entrepreneurs fail and 60,000 file for personal bankruptcy. The option to declare bankruptcy provides entrepreneurs with insurance against the financial consequences of business failures. However, it comes at the cost of worsened credit market conditions. In this paper, we construct a quantitative general equilibrium model of entrepreneurship to show that the...

In this paper, we construct the three-factor model introduced by Chen et al. (2010) for a European sample covering 10 countries from the European Monetary Union and the period from 1990 to 2006. Two key findings result. First, we show that the properties of the European factors are comparable to those of the U.S. factors. Second, we show that the alternative three-factor model's...

The concept of autopoiesis introduced by Maturana and Varela has, in the last four decades, triggered intellectual efforts for the understanding of phenomena of self-organization in general. This contribution aims at conceptualizing and applying two aspects of autopoiesis-operational closure and self-reference-in respect of social organizations. We formalize these concepts and...