This paper evolves trading strategies using genetic programming on high-frequency tick data of the USDEUR exchange rate covering the calendar year 2006. This paper proposes a novel quad tree structure for trading system design. The architecture consists of four trees each solving a separate task, but mutually dependent for overall performance. Specifically, the functions of the trees are relate...

based on existing literature social capital is defined as a set of norms and rules and informal networks that provide association, trust and collective action to obtain the public good. the empowerment projects of world bank that has been implemented in many third world countries in the late 1980s followed by a non-reductionist non- physical approach integration of cultural and socio- economic ...

This paper examines heterogeneity in the response of Indian firms to the emergence of a new disruptive market segment biosimilars. Using the novel analytical tool of a technology?market capability matrix we show that path dependency and managerial vision are key drivers of heterogeneity in the reconfiguration processes and strategies employed by incumbent firms to compete in a new disruptive ma...

This paper examines the response of Indian firms to the emergence of a new disruptive market segment resulting from evolving biosimilar regulation and saturation of existing generics markets. Using novel analytical tools such as a technology–market capability matrix and a capability creation model, we show technological trajectories and heterogeneity in firm strategies employed by incumbent fir...

The rise of the ‘digital age’ presents unique challenges for firms entering new markets and deciding ‘where’ to compete – a pivotal topic in corporate strategy. Particularly, it is not clear what opportunities implications are digital entrants as they position their disruptive business offerings category system, particular vis-à-vis non-market stakeholders. In this article, we qualitatively inv...