The goal of this research is to test the Heckscher-Ohlin’ theorem of comparative advantages on the sample of the Republic of Croatia and other European Union member countries. Heckscher-Ohlin theorem of comparative advantages can largely explain international trade in cases where the sample of countries is heterogeneous, in terms of the achieved level of development and the production factors a...

with organizations entering knowledge-based economy, knowledge and as a result intangible assets is considered as one of the most important competitive advantages in organizations. nowadays using intangible assets has a very significant influence on organizations’ success and survival social and intellectual capitals are among the most important intangible assets. social capital enjoys being au...

The thesis posits that analytical studies relating to knowledge based industries (especially social media) as rent seeking organization must be revisited. Proponents of cognitive capitalism, especially Autonomist Marxists attribute sources of revenue in knowledge based industries to “rent seeking behavior” departing from Marx’s labor theory of value. Industrial production process requires capit...

This study analyzes the relevance of capital adjustment and risk-taking adjustment during the financial tsunami when the banking industry was under capital regulation. Using the panel data of commercial banks in the USA and non-USA from 2003 to 2009, we consider the effects of financial freedom, concentration and governance control simultaneously by threestage least square analysis. The results...

This paper investigates into the determinants of capital structure for the small and medium sized enterprises (SMEs) in British manufacturing industry and the effects of product category on the determinants of capital structure. 220 SMEs from British manufacturing industry are selected for testing the six hypothesized relationships regarding the determinants of capital structure. Results sugges...

Computer visualisation and medical applications require image registration. It includes transforming collective picture data into the familiar coordinate scheme. Metaheuristic-based methods were developed to explain issue improve efficiency accuracy of conventional registration techniques due their limitations. We describe a hybrid technique using bio-inspired meta-heuristic algorithms: Bettero...