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- Contracting For Major Projects: Eight Business Levers For Top Management
- The management of major projects invariably involves the design of contracts between the client and one or many specialized contractors. The design of the project contract has a major impact on the economic success of both parties and on the behavior of the parties in their attempt to maximize their...
- White papers 2003-01-28
- The Determinants Of Foreign Direct Investment Into European Transition Economies
- Using a panel dataset of bilateral flows of Foreign Direct Investment FDI, the determinants of FDI are studied from Western countries, mainly in the European Union EU, to Central and Eastern European ones. The authors found that the most important influences to be unit labor costs, gravity factors, market size,...
- White papers 2004-08-24
- Preferential Trade Agreements And Tax Competition For Foreign Direct Investment
- This paper examines how free-trade agreements and customs unions affect the location of Foreign Direct Investment FDI and social welfare, taking into account that governments may adjust taxes and external tariffs to compete for FDI. Conditions are identified under which a free-trade agreement leads to FDI and under which this...
- White papers 2004-05-20
- Corporate Transparency, Cream-Skimming And FDI
- The authors develop a simple information-based model of Foreign Direct Investment FDI flows. On the one hand, the relative abundance of ''Intangible'' capital in specialized industries in the source countries, which presumably generates expertise in screening investment projects in the host countries, enhances FDI flows. On the other hand, host-country...
- White papers 2006-08-29
- Foreign Investment Location And Institutional Development In Transition Economies
- Institutions are widely regarded as a crucial locational advantage of host countries aiming to attract foreign investors. However, there is little agreement on which institutions matter, and why. This paper contributes to filling this gap by analyzing the impact of different dimensions of the newly created institutional framework in East...
- White papers 2003-12-08
- The Merits Of Horizontal Versus Vertical FDI In The Presence Of Uncertainty
- This paper examines the impact of uncertainty on vertical and horizontal FDI Foreign Direct Investment. This model shows that greater supply uncertainty reduces the expected income from vertical FDI but increases the expected income from horizontal FDI. Greater demand uncertainty adversely affects the expected income under both production modes. Uncertainty...
- White papers 2003-08-04
- Foreign Direct Investment: Location Attractiveness For Retailing Firms In The European Union
- Foreign direct investment and company's location decisions in Europe have attracted much attention from competitors, consumers, academics and governments. Empirical evidence has been provided in the literature with particular attention given to manufacturing investments. The main thrust in the paper of this "Race for FDI" has been the relationship between...
- White papers 2004-01-27
- The Value Of Setup Cost Reduction And Process Improvement For The Economic Production Quantity Model With Defects
- This paper investigates the effect of imperfect yield on economic production quantity decisions. The production system is assumed to produce some time-varying proportion of defective parts which can be repaired at some unit cost. For a general defect rate function, the authors develop results that characterize the optimal run length...
- White papers 2004-11-29
- On The Interpretative Flexibility Of Hosted ERP Systems
- This paper explores the interpretative flexibility of ERP Enterprise Resource Planning systems through the study of a project to implement a hosted system for the Central Accounting Department of a large multinational. The paper presents intensive case study data around the decision to implement the system and analyses it in...
- White papers 2005-07-23
- Foreign Direct Investment And International Trade In A Continuum Ricardian Trade Model
- The authors has developed a continuum Ricardian trade model to capture both North - South trade and technology transfer via Foreign Direct Investment FDI by MultiNational Enterprises MNEs. It is shown that there is a unique range of products produced in the South by MNEs. In the case of an...
- White papers 2004-05-01
- How Political Processes Shaped The IT Adopted By A Small Make-To-Order Company
- This paper explores how political processes shape the Information Technology IT systems implemented by small-medium sized firms. Systems designers, consultants and users often interpret technology in different ways. This may result in the implementation of inappropriate systems. Small business managers work on short time scales and may be more concerned...
- White papers 2004-03-27
- Information Transformation In A Supply Chain: A Simulation Study
- This paper studies the information transformation by simulating a multi-stage supply chain when the end customer's demand is a general AutoRegressive Integrated Moving Average ARIMA process, and the information, represented in the form of orders, is propagated from downstream to upstream in the supply chain. The simulation results indicate several...
- White papers 2004-09-25
- Innovation in Services
- The purpose of this article is to lay the foundations of a theory that can be used to interpret innovation processes in the service sector. The hypothesis underpinning this article is based on Lancaster's definition of the product in both manufacturing and services as a set of service characteristics. The...
- White papers 2003-03-08
- Optimal Management of Fringe Entry Over Time
- In this paper, one investigates the problem of a dominant company facing entry of a 'Competitive fringe' smaller competitor or fringe of smaller competitors. One seeks to identify pricing and advertising or other promotional strategies that maximize long-term profits for the dominant firm, under possible reactions of the competitive fringe....
- White papers 2003-12-09
- Semantic Annotation for Knowledge Management: Requirements and a Survey of the State of the Art
- While much of a company's knowledge can be found in text repositories, current content management systems have limited capabilities for structuring and interpreting documents. In the emerging Semantic Web, search, interpretation and aggregation can be addressed by ontology-based semantic mark-up. In this paper, the authors examine semantic annotation, identify a...
- White papers 2005-10-18
- Wisdom, Decision Support and Paradigms of Decision Making
- Many decision support tools have been developed over the last 20 years and, in general, they support what Simon termed substantive rationality. However, such tools are rarely suited to helping people tackle wicked problems, which a form of procedural rationality is better suited. Procedurally rational approaches have appeared in both...
- White papers 2004-09-13
- Truly Costly Sequential Search And Oligopolistic Pricing
- When all price quotations are costly to obtain, the unique symmetric equilibrium need not involve full consumer participation. The region of parameters for which non-shoppers do not fully participate in the market becomes larger as the number of shoppers decreases and/or the number of firms increases. The comparative static's properties...
- White papers 2005-04-26
- Alliances And Negotiations
- Negotiations often occur not between individuals but among groups (companies, trade unions, political parties, etc.) each representing composite interests, whose bargaining behaviour is regulated by some collective decision mechanism. In this paper we provide a natural model of such circumstances. We formalise the notion of 'alliance' and show how different...
- White papers 2004-07-01
- Build-To-Order Supply Chain Management
- The Build-to-Order Supply Chain management BOSC strategy has recently attracted the attention of both researchers and practitioners. The objective of a BOSC strategy is to meet the requirements of individual customers by leveraging the advantages of outsourcing and information technology. The main objective of this paper is to review the...
- White papers 2004-12-08
- A Possibilistic Decision Model For New Product Supply Chain Design
- This paper explains Supply Chain SC uncertainties by fuzzy sets and develops a possibilistic SC configuration model for new products with unreliable or unavailable SC statistical data. The supply chain is modeled as a network of stages. Each stage may have one or more options characterized by the cost and...
- White papers 2006-02-28
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