This research addresses the problem of what to consider as competence in research and development (R&D) and how does it change in contractual projects. Two cases are investigated, so called fault diagnosis systems and code generation methods and tools. They involve the Technical Research Centre of Finland (VTT) as a supplier and several companies as customers. Projects established by these part...

Within institutional economics perspective of project finance, this paper empirically examines the potential influence of factors on debt capacity in project companies when financed through bankdominated financial systems with weak legal, regulatory and political institutions. The econometric results confirm that in order to capture the potential debt capacity of project companies financed thro...

The problem addressed in this paper is the supply chain reactivity assessment through numerical experimentations regarding specifically two negotiated commitments within supply contract: the frozen horizon and flexibility rate. Analysis of impact of these commitments on each partner will be depicted in term of storage costs, reliability and reactivity indicators. The decision making inside each...

Contract services let service providers and consumers manage service level agreements (SLAs) and other contractual documents. These services let users negotiate SLAs, select tariffs, submit selected service offerings to auctions, view and manage running contracts and finally submit feedback about the satisfaction with the usage of contract-bound services. We define a number of contract services...

This paper argues that the existence of knowledge-intensive firms pose puzzelments for the contractual theories of the firm. For example, in knowledge-intensive firms physical assets are widely absent, the nature of employment relations and assetownership are much less clear compared to industrial firms. Although knowledge-intensive firms account for a growing share in wealth-creation and emplo...

This paper reports on computational experiments for an agent based computational economics ACE model of a labor market with choice and refusal of contractual partners and endogenously evolv ing work site behavior Three types of labor market structures are exam ined two sided markets comprising workers and employers partially uid markets comprising pure workers pure employers and agents capable ...

Owing to the natural complexity and uncertainty of construction projects, more contracts tend add flexibility be able deal with emergencies, thus promoting smooth implementation projects. Contractual has a certain impact on contractors’ opportunistic behavior, but because lack relevant empirical studies, its influencing mechanism conclusions have been controversial. The purpose this paper is re...