Joint-stability in interindustry models relates to the mutual simultaneous consistency of the demand-driven and supply-driven models of Leontief and Ghosh, respectively. Previous work has claimed joint-stability to be an acceptable assumption from the empirical viewpoint, provided only small changes in exogenous variables are considered. We show in this note, however, that the issue has deeper ...

Procurement is an essential operation of every organization regardless its size or domain. As such, aggregating the demands could lead to better value-for-money due to: (1) lower bulk prices; (2) larger vendor tendering; (3) shipping and handling fees; (4) reduced legal administration overheads. This paper describes our experience in developing AI solution for demand aggregation deploying it A*...

Orientation: It is apparent that the conventional view of business ideas being born out needs society re-conceptualised with introduction new technologies and as environment increases in complexity. Research purpose: This study set to understand how rapid advances technology have impacted basic assumptions for demand, expressed in, example, van der Heijden’s Business Idea model, comprehend thes...