Without sustainable competitive advantage firms have limited economic reasons to exist and will decline. Competitive advantage concerns the factors which provide competitive strength. This paper is based upon the resource-based view which considers firm resources to be heterogeneous and which believes that firms only have a small bundle of core resources irrespective of their overall performanc...

As business professionals know, creating awareness of a problem and its impact is a critical first step toward the resolution of the problem. That which does not get measured, does not get managed (Redman, 1998). In fact, measurement is a precursor to improvement. This is true for knowledge management (KM) capabilities of an organization. “In today’s knowledge-based economy,” Alan Greenspan rec...

in this paper i would like to build on a report i’ve achieved in 2009 for the French ministry of Culture concerning the impacts of the intangible cultural heritage nominations on tourism (Fournier 2009). the case study i’ll specially focus on will be the “processional giants and dragons in belgium and France” which were first introduced as a “masterpiece of the oral and intangible heritage of h...

OBJECTIVES To estimate indirect costs through human capital approach and intangible costs through willingness-to-pay (WTP), and identify factors potentially affecting these costs in multiethnic Asian patients with knee osteoarthritis (OA). METHODS Data were collected through face-to-face interviews among knee OA patients. Human capital approach was used to estimate indirect costs by multiplyi...

Prior research suggests that accounting information is not useful when valuing firms with large amount of intangibles (Amir and Lev (1996)). However, using R from regression of earnings and book values on prices, Collins et al. (1997) (hereafter CMW) find that value-relevance for intangible-intensive industries is as high as not intangibleintensive. An explanation for the discrepancy between Am...

Despite significant progress in evaluating the productivity payoffs from information technology (IT), the inability of traditional firm-level economic analysis to fully account for the intangible impacts of IT has led to calls for a more inclusive and comprehensive approach to measuring IT business value. In response to this call, we develop a process-oriented model to assess the impacts of IT ...

The reduction of risk constitutes a pillar of success in business. A crucial concern in any business activity includes the variable of risk due to security threats in information systems. Risks increase as the business increases in success and profit. Risk Management becomes a crucial part of every successful business model to deal with uncertain and risky socio-economic changes. Security conce...