This paper quantifies environmental and economic benefits of the Integrated Product Service Offering (IPSO) in real practice from a life cycle perspective, in comparison with its corresponding product-sales type business as a reference. The paper also discusses the engineering activities contributing to those effects, as well as their enablers. To reach this goal, the paper investigates three I...

The paper studies trends in the urbanization in Russia, discusses advantages and disadvantages of the urbanization to the economic development and provides empirical analysis of the relationship between the economic growth and the urbanization in Russian regions. The results show that Russian economy has not exhausted the resources of the urbanization; however the effect of large cities is not ...

in the present time, phenomenon like globalization, regionalism and economic integration are the basic issues which bring many positive consequences to the world economy. regionalism and economic integration are one of the ways that developing countries can adopt to collate the globalization process. to acknowledge their own abilities or, to settle the commercial and economic disputes in their ...

A new economic approach to process capability assessment is presented, which differs from the commonly used engineering metrics. The proposed metric consists of two economic capability measures – the expected profit and the variation in profit of the process. This dual economic metric offers a number of significant advantages over other engineering or economic metrics used in process capability...

Burgeoning demand for new applications and a wide range of use cases has created a powerful motivation for communication service providers to become more agile in how they deliver their services. A dominant model for enabling this innovation is adoption of cloud-native designs using general-purpose hardware and flexible, openly architected software in which functionality can be enhanced more ra...

This paper applies the infra-marginal analysis, which is a combination of marginal and total cost-benefit analysis, to a model with both constant returns and increasing returns in production and with exogenous and endogenous comparative advantages. It demonstrates that as transaction conditions are improved, the general equilibrium discontinuously jumps from autarky to partial division of labor...

In a remarkably short period of time, economic globalisation has changed the world economic order, bringing new opportunities and new challenges (Commission of the European Communities, 2006). These challenges and opportunities are further amplified by the recent global economic meltdown. In this new economic order, the rules of the game of competition and competitiveness have greatly changed. ...