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Net private capital flows (Foreign Direct Investment (FDI), Portfolio Investment and private credit flows) to emerging market economies declined significantly after the 1997 Financial Crisis. In 2002, the world's net private capital flows to emerging markets declined to the lowest level in the...
Persistent link: https://www.econbiz.de/10009482244
This study examines the stock price reactions to the announcements of corporate real estate disposals by listed non-property companies in Malaysia and whether disposals under different economic conditions lead to different price reactions. The results show that the cumulative abnormal returns...
Persistent link: https://www.econbiz.de/10009482007
This paper compares the fundamental postulates of neoclassic paradigm and Keynesian model withthe modern capitalism. It shows that neoclassic paradigm, which underlies economic structure ofmajor countries, is inadequate to the essence of market economy. The research concludes that thecurrent...
Persistent link: https://www.econbiz.de/10009461504
In the process of fulfilling their functions and obligations, states often find themselves in a situation where their own financial resources are not sufficient to achieve the set goals and objectives.Under such conditions, in order to finance government expenditures and the formation of budget...
Persistent link: https://www.econbiz.de/10012629802
primary source of economic development, innovation and growth. The realisation that fast growing SMEs are major contributors … development of wealth, innovation, employment and national competitiveness. Additionally, whilst network arrangements are often … often occurs (Kinsella 1989), suggesting a particular importance for proximity in these processes. In terms of innovation …
Persistent link: https://www.econbiz.de/10009438131
The paper develops a broad macroeconomic innovation policy framework for ecologically sustainable economic development … this paper which sets out an innovation policy aimed at satisficing towards sustainable regional development from an …
Persistent link: https://www.econbiz.de/10009484664
. Several indicators show how Hungary has fallen behind in competition for international innovation. The inadequacy is not a … society based on restricted access." Innovation is stifled and development repeatedly impeded by the fact that market players …
Persistent link: https://www.econbiz.de/10010124446
dynamism, enterprise and the innovation process. Every revolutionary new prodŹuct (for civilian use) has been brought about by …
Persistent link: https://www.econbiz.de/10010124531
In this paper, we construct a composite indicator to estimate the potential of four Central and Eastern European countries (the Czech Republic, Hungary, Poland and Slovakia) to benefit from productivity spillovers from foreign direct investment (FDI) in the manufacturing sector. Such transfers...
Persistent link: https://www.econbiz.de/10010352985
Az innovatív vállalati kapcsolatokkal foglalkozó vizsgálatok sokasága az innovációs folyamatok „kettősségéről” ad számot. Egyrészt felértékelődött a térbeli közelség szerepe, emiatt az innovatív vállalkozások, intézmények térben koncentrálódnak, főleg a...
Persistent link: https://www.econbiz.de/10011371984