Recycling is the process by which previously used materials are utilized in producing new products. Finding natural materials for used in construction is getting more and more difficult worldwide. In order to reduce the dependent on natural aggregates (NA) in concrete making recycled aggregates (RA) from demolished structures and roads can be utilized as an alternative if tests proved it is sui...

Industries where prices decline rapidly experience early ‘shakeouts’. Existing models of the shakeout do not explain this negative relation between price decline and time to shakeout. We set up a vintage-capital model that explains this relation, and we provide some evidence in support of the mechanism that we propose. The relation emerges naturally in a vintage-capital model in which shakeouts...

This study presents an empirical evidence concerning the comparison of  the dynamics of competitiveness in the creative and manufacturing industries. It investigated the impact of the economic crisis in the behavior of the competitiveness of those industries. The samples were 42 firms taken from 3 sub-sectors of the creative industries and 3 sub-sectors of the manufacturing industries listed in...

deployment. The main fault lines have traditionally appeared between the US, where the marketplace and consumer rule, and much of the rest of the world, where notions of the cultural public sphere and citizenship remain relevant (if under siege). But peer-to-peer (P2P) networks and open source software communities may offer an unexpected challenge to these two constructions. The realignment of ...

Throughout East Asia, the growth process and its sources are changing in a number of important respects, especially for middle and higher income economies. Growth will increasingly come from the strength of innovative activities in these economies instead of factor accumulation as in the past. Recent research suggests that such innovative activities, especially in producer services and the crea...