Wissenschaftliche LiteraturStrategic Management

Bernd Kadura, Joachim Langbein, Kerstin Wilde

Strengthening Innovation Systems

Foundation, Concept and Strategic Approach

Wirtschaftspolitik in Forschung und Praxis

Strengthening innovation systems is of prime importance for sustained competitiveness of countries and regions in an increasingly knowledge-based global economy.

This does not only apply to industrialised countries, but holds true for emerging economies and developing countries as well. This manual…

Markus O. Starck

Delegated Investing and Optimal Risk Budgets

Finanzmanagement

Major investment decisions are often delegated to financial professionals. Unfortunately, this is completely ignored by standard models of financial markets. Given a benchmark portfolio, a portfolio manager aims to maximize the benchmark excess return. How much active risk should be added by active portfolio…

Samuel Grossenbacher

Inside the Mind of Decision Makers

Antecedents and Consequences of Managers‘ Mental Models

Schriftenreihe innovative betriebswirtschaftliche Forschung und Praxis

Managers apply simplified representations of reality to make sense of their complex environment. These so called mental models influence decision-making and performance in organizations. In this study, the author discusses the theoretical foundations of mental models. Furthermore, a literature review of antecedents…