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Book Chapter

Investitionsrechnung [Capital expenditure account]

In Betriebswirtschaft für Führungskräfte: Eine Einführung in betriebswirtschaftliches Denken und Handeln, 5th ed., edited by Walther Busse von Colbe, Adolf G. Coenenberg, Peter Kajüter, Ulrich Linnhoff, Bernhard Pellens, 505–546. Stuttgart: Schäffer-Poeschel.
Ulrich Linnhoff, Bernhard Pellens (2021)
Subject(s)
Finance, accounting and corporate governance
Keyword(s)
discounted cashflow, capital budgeting, net present value, monte carlo analysis, wacc, cost of capital, capital expenditure (CAPEX), business plan

Secondary Title
Betriebswirtschaft für Führungskräfte: Eine Einführung in betriebswirtschaftliches Denken und Handeln
Edition
5th ed.,
Pages
505–546
ISBN
978-3-7910-3760-8
ISBN (Online)
978-3-7910-4135-3
Book Chapter

Jahresabschluss [Annual financial statements]

In Betriebswirtschaft für Führungskräfte: Eine Einführung in betriebswirtschaftliches Denken und Handeln, 5th ed., edited by Walther Busse von Colbe, Adolf G. Coenenberg, Peter Kajüter, Ulrich Linnhoff, Bernhard Pellens, 723–774. Stuttgart: Schäffer-Poeschel.
Andreas Bonse, Ulrich Linnhoff, Bernhard Pellens (2021)
Subject(s)
Finance, accounting and corporate governance
Keyword(s)
financial statement, annual report, accounting, valuation, balance sheet, cashflow statement, income statement

Secondary Title
Betriebswirtschaft für Führungskräfte: Eine Einführung in betriebswirtschaftliches Denken und Handeln
Edition
5th ed.,
Pages
723–774
ISBN
978-3-7910-3760-8
ISBN (Online)
978-3-7910-4135-3
Working Paper

Total consumer time: A new approach to identifying digital gatekeepers

DICE Discussion Papers No. 369
Niklas Gösser, Kaan Gürer, Justus Haucap, Bernd Meyring, Asimina Michailidou, Martin Schallbruch, Daniela Seeliger et al. (2021)
Subject(s)
Unspecified
Keyword(s)
total consumer time, digital gatekeepers, gatekeeper power
Pages
37
ISSN (Online)
2190-9938
Book

Betriebswirtschaft für Führungskräfte: Eine Einführung in betriebswirtschaftliches Denken und Handeln [Business administration for managers: An introduction to business thinking and action]

5th ed.,Schäffer-Poeschel
Walther Busse von Colbe, Adolf G. Coenenberg, Peter Kajüter, Ulrich Linnhoff, Bernhard Pellens (2021)
Subject(s)
Strategy and general management
Keyword(s)
Accounting, finance
Grundlegende Fragen der Unternehmensführung, betriebswirtschaftliche Methoden, Werkzeuge und Zusammenhänge verstehen: Das Buch vermittelt Führungskräften und Studierenden die notwendigen BWL-Kenntnisse. Praxisorientiert und leicht verständlich erschließt es - gerade auch für Nicht-BWLer - alle wichtigen Themen: Von der Ausrichtung auf Markt und Wettbewerb, über die Gestaltung interner Strukturen und Prozesse, bis hin zu den Instrumenten der Unternehmenssteuerung und der Finanzberichterstattung.
Für die 5. Auflage wurden sämtliche Beiträge überarbeitet und aktualisiert. Mit Übungsaufgaben, Lösungshinweisen und Kurzglossar wichtiger englischsprachiger Fachbegriffe.
Volume
5th ed.,
Pages
911
ISBN
978-3-7910-3760-8
ISBN (Online)
978-3-7910-4135-3
Online article

Design Thinking: the customer-centric way to innovate

Forbes India
Bianca Schmitz, Aparajith Raman (2021)
Subject(s)
Entrepreneurship
Keyword(s)
Design thinking, digital transformation, innovation, customer centricity
Business owner and managers are facing the challenge of how to best drive digital transformation in their organizations. Design thinking might be one method to address these challenges and, at the same time, support a mindset change within the companies.
ESMT Working Paper

Effectiveness and efficiency of state aid for new broadband networks: Evidence from OECD member states

ESMT Working Paper No. 21-01
Wolfgang Briglauer, Michał Grajek (2021)
Subject(s)
Economics, politics and business environment; Information technology and systems; Technology, R&D management
Keyword(s)
Fiber optic technology, state aid, ex-post evaluation, efficiency, OECD countries
JEL Code(s)
C51, C54, H25, L52, O38
The deployment of new broadband networks (NBNs) based on fiber-optic transmission technologies promises high gains in terms of productivity and economic growth, and has attracted subsidies worth billions from governments around the world in the form of various state aid programs. Yet, the effectiveness and the efficiency of such programs remains largely unstudied. We employ panel data from 32 OECD countries during 2002-2019 to provide robust empirical evidence of both. We find that state aid significantly increases NBNs by facilitating the deployment of new connections to 22% of households in the short term and 39.2% in the long term. By comparing the actual amounts of state aid support to the estimated impact on GDP growth, we also find it to be highly cost efficient, as the programs break even after three years on average.

 

View all ESMT Working Papers in the ESMT Working Paper Series here. ESMT Working Papers are also available via SSRN, RePEc, EconStor, and the German National Library (DNB).

Pages
35
ISSN (Print)
1866–3494
ESMT Working Paper

Contracting, pricing, and data collection under the AI flywheel effect

ESMT Working Paper No. 20-01 (R3)
Published in Management Science.
Subject(s)
Management sciences, decision sciences and quantitative methods; Product and operations management; Technology, R&D management
Keyword(s)
Data, machine learning, data product, pricing, incentives, contracting

 


View all ESMT Working Papers in the ESMT Working Paper Series here. ESMT Working Papers are also available via SSRN, RePEc, EconStor, and the German National Library (DNB).

Pages
48
ISSN (Print)
1866–3494
Journal Article

Price comparison websites

International Economic Review 62 (3): 1081–1110
Subject(s)
Economics, politics and business environment; Information technology and systems
Keyword(s)
online markets, price comparison websites, price dispersion, price competition, platforms, consumer search, consumer welfare
JEL Code(s)
L11, L86, D43
The large and growing industry of price comparison websites (PCWs) or “web aggregators” is poised to benefit consumers by increasing competitive pricing pressure on firms by acquainting shoppers with more prices. However, these sites also charge firms for sales, which feeds back to raise prices. I find that introducing any number of PCWs to a market increases prices for all consumers, both those who use the sites, and those who do not. I then use my framework to identify ways in which a more competitive environment could be achieved.
Volume
62
Journal Pages
1081–1110
ISSN (Online)
1468-2354
Journal Article

Patente - das schlechteste Anreizsystem für Innovationen, abgesehen von allen anderen? [Patents – the worst form of incentives for innovation, except all those others]

ifo Schnelldienst 74 (8): 6–9
Subject(s)
Technology, R&D management
Keyword(s)
Patents, intellectual property rights
This article summarizes the century-old debate whether a patent system spurs innovation or is rather a burden to society.
Volume
74
Journal Pages
6–9
Journal Article

The sequence effect in panel decisions: Evidence from the evaluation of research and development projects

Organization Science 32 (4): 987–1008
Paola Criscuolo, Linus Dahlander, Thorsten Grohsjean, Ammon Salter (2021)
Subject(s)
Technology, R&D management
Keyword(s)
Selection, novelty, decision-making, innovation, panel
We examine how groups fall prey to the sequence effect when they make choices based on informed assessments of complex situations, for example, when evaluating research and development (R&D) projects. The core argument is that the temporal sequence of selection matters because projects that appear in a sequence following a funded project are themselves less likely to receive funding. Building on the idea that selecting R&D projects is a demanding process that drains participants’ mental and emotional resources, we further theorize the moderating effect of the influence of the timing of the panel meeting on the sequence effect. We test these conjectures using a randomization in sequence order from several rounds of R&D project selection at a leading professional service firm. We find robust support for the existence of a sequence effect in R&D as well as for the moderating effect. We further explore different explanations for the sequence effect and how it passes from the individual to the panel. These findings have broader implications for the literature on innovation and search in general and on group decision making for R&D, specifically, as they suggest that a previously overlooked dimension affects selection outcomes.
Copyright © 2021, The Author(s)
Volume
32
Journal Pages
987–1008
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