Narrow Results

This study employs the “Benefit of the Doubt” method rooted in non-parametric techniques to evaluate the digital ecosystem of 116 countries for the year 2019. By scrutinizing the relative efficiency of countries’ digital ecosystem based on the Digital Platform Economy index (DPE index), the proposed analysis of composite indicators allows the computation of endogenous (country-specific) weights that can be used for developing a more informed policy. The results show that countries prioritize different aspects of their digital ecosystem. Additionally, the findings reveal significant differences in the configuration of the digital ecosystem around the world. These results confirm that, contrary to homogeneous prescription, tailor-made policy is necessary if the objective is to optimize the resources deployed to enhance the digital ecosystem.

The demise of the SSC in the U.S. created an upheaval in the U.S. high energy physics (HEP) community. The subsequent redirection of HEP efforts to the CERN Large Hadron Collider (LHC) can perhaps be seen as informing on possible future paths for worldwide collaboration on future HEP megaprojects.

Up to now, the focus in comparative international entrepreneurship has been on individual-level indicators of entrepreneurial activity, such as nascent entrepreneurship and small business ownership. However, measuring only the individual component of entrepreneurship appears conceptually incomplete, as it leaves out other important ones, the most obvious being the organizational component. Countries may have different entrepreneurship profiles, depending on the allocation of entrepreneurial endeavors across various levels and dimensions. To augment the content validity of current measurements, this paper aims to integrate and compare individual and organizational indicators of entrepreneurial activity in 22 member countries of the Organization for Economic Co-operation and Development (OECD). The inclusion of corporate entrepreneurship indicators, derived from the entrepreneurial orientation concept, modified substantially the country rankings based only on small business ownership rates. A significant negative relationship was found between individual and corporate indicators.

Hospitals' Community Benefits.

The Question of Fair Benefits in International Research.

Access to Medicines and Corporate Social Responsibilities of the Pharmaceutical Industry.

Corporate Social Responsibility of the Pharmaceutical Industry in Solidaristic Terms.

Recent years have witnessed phenomenal growth in both the number and size of US based international equity mutual funds. While the benefits of international diversification are well documented in the literature, empirical research relating to the performance of international mutual funds has been limited and contradictory. The purpose of this study is to examine the impact of political risk on the risk-adjusted returns of international mutual funds using a modified event study methodology. More specifically, the dummy variable event study methodology using portfolios rather than individual funds is used. This methodology addresses the problems of multiple event days and calendar clustering. The macro political risk event of interest is the Iraqi invasion of Kuwait. Results of the study suggest that shareholders of international equity mutual funds earn significant abnormal returns in the face of political turmoil.

This study examines the impact of national cultural values and the development of market institutions on three aspects of entrepreneurship (desire, intention, and confidence in creating new ventures). We ask: What different kinds of effects do cultural and institutional factors have on different aspects of entrepreneurship? Our samples come from Vietnam, Taiwan, and the United States (US). The use of three countries allows us to distinguish the separate influences of culture and market institutions on entrepreneurship. Our results suggest that only culture has a significant impact on individuals' desires to create new ventures. However, we found mixed results on whether culture or institution affects individuals' intentions and confidence in creating new ventures. Contrary to our hypotheses, the Vietnam sample had higher scores on intention to create new ventures than both the US and Taiwan samples. The Vietnam sample was also higher than Taiwan on the confidence in creating new ventures. This may suggest an interaction effect of cultural and institutional factors on entrepreneurship. This interaction deserves more attention in future research.

With a sample of 46 Chinese small to medium-sized enterprises (SMEs), this study examines factors that might affect firms' use of financial statements to make decisions. Financial statements contain insightful information about potential risk and return implications of various decisions. A logit analysis shows that owners of Chinese SMEs use financial statements to make decisions according to the frequency of available financial statement information and their ability to interpret the information contained in the financial statements. These results can help owners of SMEs, educators and service providers understand which factors affect the use of financial statements and the process by which financial statements are incorporated into SMEs' decisions.

Robert R. Wilson was the brilliant designer, builder and founding director of the Fermi National Accelerator Laboratory with its series of high-energy physics particle accelerators providing collision energies of 200, 400 and 2,000 GeV, the most powerful facilities in their class over a period of 40 years. He undertook the "impossible" and succeeded. With untrammeled courage he challenged the establishment as he bypassed many conventional practices in accelerator design, construction and cost control. With his remarkable talents he addressed a wide range of important aspects of the relationships of art and science, elegance and efficiency and physics and society. In doing so he always found ways for his pursuit of science to support his strong advocacy for human rights, international collaboration and democracy.

The contemporary U.S. textile and apparel industry has faced significant challenges as the volume of imported goods entering the domestic market has continually increased. In attempts to both foster development in select world regions and maintain viability of the domestic industry, the U.S. government has negotiated a variety of trade agreements extending preferential treatment, including duty- and quota-free access to the U.S. market for apparel and other textile products manufactured in developing countries in the Caribbean Basin, sub-Saharan Africa, and the Andean region. In addition, provisions included in the agreement granting China, the world's largest producer of textiles and apparel, admission to the World Trade Organization have allowed this country to become an immediate beneficiary of the MFA quota phase-out. This article examines the current state of the domestic textile and apparel industry and provides an overview of trade agreements enacted during the past decade that are of specific interest within the textile and apparel sector. It offers insight into challenges and opportunities for both the domestic textile and apparel industries in an age of rapid globalization as final elimination of the existing quota system in 2005 approaches.

Real estate represents a significant form of investment throughout the world that is sometimes overshadowed by the stock and bond markets. Investments in real estate once focused on direct investments in land and developed properties, and this chapter covers important aspects that vary across national borders that should be considered when making investment decisions. Investors interested in real estate now have more choices than in the past. The globalization of financial markets now makes it possible for investors to include real estate in their portfolios by trading in financial securities such as Real Estate Investment Trusts (REITs). This chapter examines the unique characteristics of these securitized real estate investments and focuses on their performance in the global financial markets.

Robert R. Wilson was the brilliant designer, builder and founding director of the Fermi National Accelerator Laboratory with its series of high-energy physics particle accelerators providing collision energies of 200, 400 and 2,000 GeV, the most powerful facilities in their class over a period of 40 years. He undertook the “impossible” and succeeded. With untrammeled courage he challenged the establishment as he bypassed many conventional practices in accelerator design, construction and cost control. With his remarkable talents he addressed a wide range of important aspects of the relationships of art and science, elegance and efficiency and physics and society. In doing so he always found ways for his pursuit of science to support his strong advocacy for human rights, international collaboration and democracy.

The 1906 Convention and the 1944 Treaty establish the distribution of surface water of the Rio Grande (RG), Colorado, and Tijuana Rivers between the United States and Mexico. Neither of these treaties addresses groundwater management. Only Minute 242 to the 1944 Treaty, regulates salinity for groundwater. Specifically, Minute 242.5 establishes that there is a lack of “conclusion by the Governments of the United States and Mexico for a comprehensive agreement on groundwater in the border areas.” The lack of regulation has contributed to overdraft and degradation of the water quality in several aquifers along the US–Mexico border. Recommendations for an institutional and legal framework under an umbrella agreement, addressing water bank as allocation tool, attempt to fill the legal vacuum of international and interstate groundwater management in the US–Mexico border region. In addition, these recommendations can be adapted to other transboundary basins around the world.