You have probably heard an old aphorism – Time is Money. Today, in the knowledge economy, it is more suitable to equate money with knowledge though. I believe that any contemporary economist would argue that knowledge (and technology) are the required components for enhanced productivity and economic growth. This premise holds particularly true for multinational […]
Picking a New Foreign Location? What a Hassle!
Multinational corporations continue expanding abroad and thus try to populate foreign markets more and more. For instance, a lot has been said and written about emerging markets, which lure Western corporations with good investment opportunities. At the same time, there is also a reverse trend of emerging-market brands going global. As such, all businesses with […]