After a severe crisis in the early 1990s, the Swedish economy experienced a boom in productivity growth. Economists have presented three explanations for the fast productivity growth in 1995–2004: market reforms, crisis recovery and the impact of information and communication technology (ICT). This paper offers an alternative view, emphasizing instead firms’ substantial investment in intangible...

PurposeNowadays despite the increasing importance of intangible assets, especially intellectual capital in the companies; the majority of the traditional accounting systems are unable to calculate the intellectual capital properly. The purpose of this study is to examine the relationship between intellectual capital and financial performance. Design/methodology/approach – The empirical data wer...

Firms have been undergoing a fundamental transformation of the Fourth Industrial Revolution, and is driven by adoption development innovative technology such as big data or artificial intelligence. While impacts Revolution on economic performance actively documented, Korean firm-level indicates that still, majority firms not yet utilized technology. Hence, this study examines determinants prope...

Abstract This paper investigates the sources of possible gender ownership gap in innovativeness a set Transition economies by means firm-level data coming from Business Environment and Enterprise Performance Survey (BEEPS V) conducted 2012–2014. Through Blinder-Oaxaca decomposition we highlight factors explaining differences propensity to innovate between female-owned male-owned firms. We find ...

The term ”Fintech in the Metaverse Banking” refers to control of finan- cial transactions virtual settings. Through individual can carry out their financial and business operations entirely from comfort living room, travelling instantly any bank worldwide virtually. Digital twins make it feasible provide a digital replica bank’s actual assets, processes, systems, they be crucial Fintech transfo...

Research Summary The argument of this article is that global strategy research should devote greater attention to rent appropriation in value chains (GVCs). We discuss the concept intangible assets, emphasize their scalability at low marginal cost and highlight strategies for rents from these assets. Returns captured by assets are shown be much than those tangible GVCs manufactured products. Re...

Ibiza is internationally known for its beaches and coves, but especially nightlife. In addition, at the beginning of 21st century, there was an increase in luxury tourism. However, other types tourism have a testimonial or null presence, although administrations make efforts to promote them. This article describes main assets that up tangible intangible cultural heritage Ibiza, singularities, s...

Abstract This article demonstrates that low bank capital carries a negative externality because it amplifies local shock spillovers. We exploit natural disaster is transmitted to firms in nondisaster areas via their banks. Firms connected strongly disaster-exposed with lowest-quartile capitalization significantly reduce total borrowing by 6.6% and tangible assets 6.9% compared similar well-capi...