Innovation performance of a firm is conceptualized as, "The firm's ability to develop new products/processes and enhance existing products/processes." It manifests itself in the degree of newness of the products/processes developed and the level of impact they have on future products/process. Innovation performance is operationalized and evaluated using public patent...
Pick up your resume. Where are your thumbs? They are probably at about the midpoint of the page. Most employers spend 15 - 30 seconds when first examining resumes, and only seeing the top half of your resume. Therefore, everything above your thumbs should be the most important information that...
This paper uses a hedonic pricing model to estimate economic depreciation for multifamily real estate. Data was obtained from the National Council of Real Estate Investment Fiduciaries NCREIF on the acquisition price of all properties that are included in the NCREIF database. The age of the property on the acquisition...
A universal code of ethics, in the context of corporate and institutional leadership, effectively functioning within the influences of a global culture, could be a powerful factor in positive differentiation, performance, and success. There is a need, an obligation, and an opportunity for the field of educational practice to reclaim...
The purpose of this paper is to explain why and how a new type of public policy has emerged -the strategic management of places - and the central role that entrepreneurship plays in this new policy. An important implication of the shift in the comparative advantage is that much of...
This paper focuses on constituent relationship management tools and how they can enhance the efforts of enrollment management organizations. It looks at what a CRM is and why colleges and universities are adopting them, describes some features of CRMs and how they can assist the enrollment management process, and concludes...
Enterprise Resource Planning ERP has come to mean many things over the last several decades. Divergent applications by practitioners and academics, as well as by researchers in alternative fields of study, has allowed for both considerable proliferation of information on the topic but also for a considerable amount of confusion...
A standard "Solution" offered to the deleterious effects of all-out price competition is for firms to engage in differentiation strategies. This solution, however, depends critically on the inability of rivals to imitate a successful differentiation strategy. With imitation, the author shows how "Red Queen" pricing effects can arise: All firms...
Using a data set of the firms listed on the Neuer Markt in Germany, this paper demonstrates that venture backed firms differ from firms with other financial resources, especially debt. Thus, the results of the study presented in this paper provides evidence for the hypothesis that small and innovative firms...
The underpricing of the shares sold through Initial Public Offerings IPOs is generally explained with asymmetric information and risk. These traditional explanations are complemented with a new theory. Investors who buy IPO shares are also concerned by expected liquidity and by the uncertainty about its level when shares start trading...
Decentralization increases the responsiveness of an organization. The investment center of the organization is the place where managers make profit and investment related decisions. This includes issues concerning Return on Investment ROI, residual income, and Economic Value Added EVA. The paper examines the previously mentioned issues and discusses the concept...
Economic Value Added EVA analysis is an analytical tool towards computation of accrued shareholder value in the organization. It measures the surplus value created by an investment. The computation of this value is imperative in optimizing an organization’s financial strategy within the strategic management framework. The Discounted Cash Flow DCF...
This report studies the implications of ownership and its induced incentives on firm performance in the "New Economy". Instead of traditional performance it uses firm survival on the stock market as the performance indicator. The results differ from studies on more traditional firms. Ownership by CEOs has no influence on...
With the rapid growth of E-commerce and on-line consumer shopping trends, the importance of building and maintaining customer loyalty in electronic marketplaces has come into sharper focus in marketing theory and practice. This paper integrates previous research in the field of brand loyalty to present a conceptial framework of "e-loyalty"...
This paper develops a dynamic model where each generation in a family firm can continue operating its inherited production technology or it could hire a professional to do the same. Though the professional is more qualified, his interests are not aligned with the interests of the family. In the context...
Commercial gambling in the United States is a mammoth industry. Perhaps the most frightening aspect of Internet gambling is the rampaging growth of the young industry. The Internet gambling explosion poses serious concerns to society. This note asserts that Internet gambling must be curbed to lessen its negative impact on...
The very foundations of the U.S. accounting and external financial reporting model have recently been shaken by accounting practitioners and investors who have raised the possibility that accounting reports are rapidly losing usefulness to the investment public. As a result, two clear and somewhat conflicting trends in the evolution of...
This paper models the inner workings of relationship lending, the implications for bank organizational structure, and the effects of shocks to the economic environment on the availability of relationship credit to small businesses. Relationship lending depends on the accumulation over time by the loan officer of "soft" information. Because the...
Historic $10 Million Gift Creates Fund for Sanford Project Chair SIOUX FALLS, S.D., July 10 /PRNewswire/ -- Sanford Health announced today it has received a $10 million gift from Todd and Linda Broin of Sioux Falls, SD to fund the chair of the Sanford Project. The gift...
'Hot Water & Healthy Living' reviews scientific findings about warm-water immersion COLORADO SPRINGS, Colo., July 10 /PRNewswire/ -- For those who have wondered how warm water makes them feel so good, a new book may help them discover the answer. Published by the National Swimming Pool Foundation...