Purpose – Many terms commonly used in the field of knowledge management (KM) have multiple uses and sometimes conflicting definitions because they are adapted from other research streams. Discussions of the various hierarchies of data, information, knowledge, and other related terms, although of value, are limited in providing support for KM. The purpose of this this paper is to define a new se...

A firm's cash flow policies, which manage working capital in the form of cash receivables from customers, inventory holdings, and cash payments to suppliers, are inexorably linked to the firm's operations. Building on earlier research, this study: (i) extends prior studies by examining the relationships between changes in cash flow measures and changes in firm financial performance using a long...

This paper focuses on improving the management of New-Product Development (NPD) processes within the particular context of a cluster of enterprises that cooperate through a network of intraand inter-firm relations. Ceramic tile design chains have certain singularities that condition the NPD process, such as the lack of a strong hierarchy, fashion pressure or the existence of different origins f...

We calibrate a sequence of four nested models to study the dynamics of wealth accumulation. Individuals maximize a utility function whose arguments are consumption and investment. They desire to accumulate wealth for its own sake – this is not a life-cycle model. A competitive firm produces a single good from labor and capital; the rate of return to capital and the wage rate are market-clearing...

In this article we argue the need for proper concept management during the development of software systems. It is observed how, during system development, a lot of “concept handling” occurs without proper management. We define concept management as the deliberate activity of introducing, evolving and retiring concepts. It is argued that concept management plays an important role during the enti...

We present an agent-based model to study firm–bank credit market interactions in different phases of the business cycle. The cycle is exogenously set, and it can give rise various scenarios. Compared other models this literature strand, we improve mechanism according which dividends are distributed, including possibility stock repurchase by firms. In addition, locate firms banks over a space ma...