Companies that newly enter the market face the challenge of generating a competitive advantage over their rivals. Research and development activities (R&D) as well as the implementation of product or process…
A change of owners and managers constitutes a critical phase for each firm. The lack of timely and thorough arrangements of the company succession leads in the practise to firm crises and closures. Company…
In Germany, the knowledge-based production and development infrastructure is an important feature of the biotechnological industry. Technologic impulses for new products, methods and services frequently occur in…
Innovation is considered critical to sustained development both in Europe and in China. At the Lisbon summit in March 2000, the European Union decided to become by the year 2010 the most competitive…
Innovation is widely considered to be a key long-term driving force for economic growth. Hence, stimulating business innovation is attached a high importance on the political agenda. Government policies can…
The introduction of the new Insolvency Act in 1999 was accompanied by great expectations. The greatest hope of the reformers was that, under the new Act, people regard insolvency as an opportunity for…
An economic policy wanting to maintain high incentives for innovation activity and creativity of firms by a steady competition must be interested in a dynamic development of business formation activities and,…
Retail price recommendations (RPR) refer to non-binding suggestions from a manufacturer on how a retailer should price the manufacturer’s goods to final consumers. This is a widely used practice that is typically…
Since its onset, the global financial crisis has had a significant impact on the M&A market. The conditions under which M&A transactions are implemented have changed considerably, from both an institutional and…