michael busler - Academia.edu (original) (raw)

Papers by michael busler

Research paper thumbnail of The Effect of Business Incubation in Developing Countries

The aim of this paper is to review the literature and show the strength and weakness of business ... more The aim of this paper is to review the literature and show the strength and weakness of business incubation in developing countries. This p aper is based on a wide literature review, focused on the identification of the incubators as tool for economic development. We found that 1) business incubators provide support for start-up companies, 2) graduated companies tend to have a greater probability of success and 3) graduated companies ha significant positive impact on economic development. These findings can help policy makers, governments, and practitioners with their implementation in incubator programs, leading to be tter planning and a greater chance of success. This paper contributes to enhance the understanding of the strategic implementation of incubator models in developing countries and provides useful information to both academicians and practitioners who are interested in incubator progr ams.

Research paper thumbnail of World Sustainable Development Outlook 2011: Sharing Knowledge Making a Difference: The Role of International Scientific Cooperation

World Sustainable Development Outlook series is developed to provide an overview of Sustainable D... more World Sustainable Development Outlook series is developed to provide an overview of Sustainable Development (SD) and why it is important and to provoke forward thinking on the development of a more coherent approach to solving global problems related to sustainability. In doing so, a holistic approach is used to critically examine the inter-relationship between the natural, the governmental, the economic and the social dimensions of our world and how science and technology can contribute to solutions. Outlook is a truly global source book reflected in the varied national and cultural origins of the contributors as well as the topics and case studies covered. Outlook 2011 includes selection of the best papers presented during the 9th International Conference of World Association for Sustainable Development (WASD), USA - under the theme “Sharing Knowledge Making a Difference: The Role of International Scientific Cooperation.”

Research paper thumbnail of Application of Business Incubators in Europe: A SWOT Analysis

Sharing Knowledge Making a Difference: The Role of International Scientific Cooperation.

Research paper thumbnail of Exploring the Strategic Benefits of Business Incubation: An International Perspective

Sharing Knowledge Making a Difference: The Role of International Scientific Cooperation., 2011

Research paper thumbnail of A Study of the Machine Learning Approach and the MGARCH-BEKK Model in Volatility Transmission

Journal of Risk and Financial Management, 2022

This study analyzes the volatility spillover effects in the US stock market (S&P500) and cryptocu... more This study analyzes the volatility spillover effects in the US stock market (S&P500) and cryptocurrency market (BGCI) using intraday data during the COVID-19 pandemic. As the potential drivers of portfolio diversification, we measure the asymmetric volatility transmission on both markets. We apply MGARCH-BEKK and the algorithm-based GA2M machine learning model. The negative shocks to returns impact the S&P500 and the cryptocurrency market more than the positive shocks on both markets. This study also indicates evidence of unidirectional cross-market asymmetric volatility transmission from the cryptocurrency market to the S&P500 during the COVID-19 pandemic. The research findings show the potential benefit of portfolio diversification between the S&P500 and BGCI.

Research paper thumbnail of Entrepreneurship, Innovation, Incubator And Economic Development: A Case Study

The objective of this paper is twofold: (1) discuss and analyze the successful case studies world... more The objective of this paper is twofold: (1) discuss and analyze the successful case studies worldwide, and (2) identify the similarities and differences of case studies worldwide. Design methodology/approach: The nature of this research is mainly method qualitative (multi-case studies, literature review). This investigation uses ten case studies, and the data was mainly collected and organizational documents from the international countries. Finding: The finding of this research can help incubator manager, policy maker and government parties for successful implementation. Originality/value: This paper contributes to the current literate review on the best practices worldwide. Additionally, it presents future perspective for academicians and practitioners.

Research paper thumbnail of Innovation and Entrepreneurship: Powerful Tools for a Modern Knowledge-Based Economy

Introduction.- Literature Review.- Data Collection.- Data Analysis.- Conclusion and Recommendation.

Research paper thumbnail of Towards a New Vision for Sustainability of Incubator Best Practices Model in the Years to Come

Journal of economics and sustainable development, 2013

Incubators are internationally recognized as a premier 21 st century location for technology and ... more Incubators are internationally recognized as a premier 21 st century location for technology and technology-based economic development. The purpose of this paper is to identify the similarities and differences of business incubation programs worldwide. The study focuses on six key success indicators and points out proposed incubators model in the years to come. The approach to the design methodology is based on survey and interviews implanted on 100 selected incubators. The research findings indicate the similarities of incubators programs that are 1) Creating jobs, 2) Enhancing community’s entrepreneurial climate, and 3) Tangible services and the differences are 1) Incubators type, 2) Finical status, and 3) Incubators age. The research adds value to current literature on new visions for sustainability of incubators best practice models for the coming year. Finally, it provides useful guidelines for implementation to both academies and practitioners involved with incubators worldwid...

Research paper thumbnail of World Sustainable Development Outlook 2011: Sharing Knowledge Making a Difference: The Role of International Scientific Cooperation

World Sustainable Development Outlook series is developed to provide an overview of Sustainable D... more World Sustainable Development Outlook series is developed to provide an overview of Sustainable Development (SD) and why it is important and to provoke forward thinking on the development of a more coherent approach to solving global problems related to sustainability. In doing so, a holistic approach is used to critically examine the inter-relationship between the natural, the governmental, the economic and the social dimensions of our world and how science and technology can contribute to solutions. Outlook is a truly global source book reflected in the varied national and cultural origins of the contributors as well as the topics and case studies covered. Outlook 2011 includes selection of the best papers presented during the 9th International Conference of World Association for Sustainable Development (WASD), USA - under the theme “Sharing Knowledge Making a Difference: The Role of International Scientific Cooperation.”

Research paper thumbnail of Management: The Concept of 'Firm Impact Sphere' Information Technology (IT) and Small and Medium-sized Enterprises (SMEs)

Research paper thumbnail of Mobile Phone GPS Data and Prevalence of COVID-19 Infections: Quantifying Parameters of Social Distancing in the U.S

The archives of bone and joint surgery, 2021

Background To evaluate the association between social distancing quantified by mobile phone data ... more Background To evaluate the association between social distancing quantified by mobile phone data and the current prevalence of COVID-19 infections in the U.S. per capita. Methods Data were accessed on April 4, 2020, from Centers for Disease Control and Prevention, Google COVID-19 Community Mobility Report, and the United States Census Bureau to report prevalence of COVID-19 infections, mobility data, and population per state, respectively. Mobility data points were defined as daily length of visit or time spent in a single location based on mobile phone users shared locations from February 7 - March 29, 2020. Multivariable linear regression was used to evaluate relationships between normalized per capita infection prevalence and six parameters of social distancing. Results Mobility data indicated the following percent changes compared to median values of baseline activity: -50% in transit stations, -45% in retail/recreation, -36% in workplaces, -23% in grocery/pharmacy, -19% in park...

Research paper thumbnail of The role and the contribution of business incubators in supporting economic developments

This paper reports, explores and investigates on the initiatives whereby incubators were used to ... more This paper reports, explores and investigates on the initiatives whereby incubators were used to stimulate the economy. Initially the study pursued the role of business incubator organisations and their impacts on the economic developments in the United States of America and the benefits in the Gulf Cooperation Council (GCC) member states. Incubation programs support diversify economies, commercialise technologies, create jobs and build wealth. According to the National Business Incubation Association (NBIA), business incubators help entrepreneurs translate their ideas into workable and sustainable businesses by guiding them from the beginning to being able to achieve a growing and thriving business. Business incubation provides entrepreneurs with expertise, networks and tools that they need to make their ventures successful. This paper provides evidence which based on current literature concerning business incubators as an effective and innovative tool of economic developments. The research methodologies adopted in this research study are desk-research and case study of 5 incubator organisations in the GCC member states. However, the paper provides guidance, suggestions and recommendations to change the adoption of such programmes in order to stimulate the economic development cycles in the GCC member states.

Research paper thumbnail of Innovation Capital in the Arab Countries

Global Competitiveness: a Common Goal in a Digital Society, 2005

Research paper thumbnail of Measuring innovation: the use of indicators in developed countries

World Journal of Entrepreneurship, Management and Sustainable Development, 2015

Purpose– The purpose of this paper is to describe and identify the ranking of innovation program ... more Purpose– The purpose of this paper is to describe and identify the ranking of innovation program landscape in the UK. The identification will focus on the average of four categories: policy, culture, economy, and industry.Design/methodology/approach– The nature of this research is mainly qualitative. This investigation uses two semi-structured interview based in the UK, combined with an examination of organizational documents.Findings– The research findings indicated highest ranking of the Petchey Center of Entrepreneurship located in University of East London present culture 60 percent, policy 75 percent, industry 80 percent, and economy 100 percent.Originality/value– The authors conclude with several recommendations for academia and practitioners such as governments, policy makers, funded organizations, and strategic institutions.

Research paper thumbnail of Income tax policy: is a single rate tax optimum for long-term economic growth?

World Journal of Entrepreneurship, Management and Sustainable Development, 2013

ABSTRACT Purpose – The purpose of this paper is to show an optimum income tax policy, given that ... more ABSTRACT Purpose – The purpose of this paper is to show an optimum income tax policy, given that the government must raise sufficient tax revenue to fund public goods and services as well as income transfer programmes. The paper examines the different types of taxes and then suggests a policy that is efficient, equitable, easy to administer and leads to a higher level of economic growth. Design/methodology/approach – A literature review has been done to find all scholarly work that relates to income tax policy and its effect on economic growth. Results from endogenous growth models have been utilised to determine both the significance and the magnitude of income tax policy's effect on the growth rate of real GDP. Findings – After examining the benefits of each type of taxation and reviewing the principles of capitalism, a proportionate (single rate) tax of 12 per cent on all income would be approximately revenue neutral in the USA, and would add to the growth of real GDP, thereby improving the standard of living. Research limitations/implications – The paper concentrates on income tax policy in the USA. While it is believed that the conclusions apply to virtually all market-based economies, cultural differences in some countries may result in a modification of the conclusion to fit the society. Practical implications – In the USA today, the majority of people favour changing the current income tax code. The debate is about what to change and how to change it. This debate is also important to developing nations who try to set an income tax policy that reaches the goals while encouraging growth. Originality/value – While the literature shows varying studies concerning the impact of tax policy, there is a gap when searching for an optimum policy. Many scholars have made suggestions but none of them seem to be optimal. This topic is of particular interest in the USA and the rest of the developed and non-developed world, since the recent performance of GDP growth has been very slow and in many instances negative. Most countries have tried combinations of monetary and fiscal policies to encourage growth, but none seem to be working effectively. The solution may be to change income tax policy. The proposal for an optimum income tax policy is new and different from any that has been suggested as yet. Introduction A most difficult question facing societies who choose to implement a market economy as the basis for their economic system deals with the manner in which tax revenue will be collected. While there are a number of different philosophies concerning how taxes should be levied and who should bear the burden of taxation, no comprehensive view has become dominant. The effect of this is that there are numerous taxes paid by everyone to all levels of government. In the USA, federal income tax policy has become so complex and distorted that there seems to be a general feeling that government has become extremely inefficient and unfair with respect to raising tax revenue. The purpose of this paper is to attempt to examine the current tax structure of the federal government

Research paper thumbnail of Innovation and Entrepreneurship

SpringerBriefs in Business, 2015

The use of general descriptive names, registered names, trademarks, service marks, etc. in this p... more The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use.

Research paper thumbnail of The incubators economic indicators: Mixed approaches

w.aabri.com

The aim of this paper is to investigate and identify the outcomes of key performance indicators o... more The aim of this paper is to investigate and identify the outcomes of key performance indicators of incubators that facilitate successful implementation such as, 1) entrepreneurship, 2) job creation, 3) start-up companies creation in the incubators, and 4) graduated companies. Design methodology/approach: The study nature of this research is mainly a mixed methods approach such as quantitative (survey questionnaire) and qualitative (multi-case studies, literature review). This investigation uses seven case studies and the data was mainly collected by direct interview with ten international incubator manager and organizational documents from the United States, Europe and other developing countries. The authors' professional experiences on the topic provide the foundation for the paper. Finding: The finding of this research can help incubator managers, policy makers and government parties for successful implementation. Also, add new knowledge for academic literature incubators and economic development. Originality: The authors believe that this paper has proven successful implementation of incubators worldwide and demonstrates an added value to the current literature on incubator's sustainability. Its beneficial outcomes provide useful information and recommendations for both academicians and practitioners who are interested in incubators. Also this research will be unique insight for the implementations of worldwide incubators.

Research paper thumbnail of The importance of innovation in Europe: Swedish case study

International journal of innovation and knowledge management in the Middle East and North Africa, Jan 15, 2014

The dynamics of business contexts manipulate the way firms act in their industry. These changes c... more The dynamics of business contexts manipulate the way firms act in their industry. These changes can have effects in several areas within a company. Entrepreneurship and Innovation are two areas that are affected when a change in a firm's environment occurs. The aim has been to fulfill the requests for knowledge on trends and initiatives for Europe and an analysis of Swedish competitiveness in innovation. Design/methodology/approach: The case study of this publication devotes a special consideration to the question of whether the analysed innovation efforts have helped to move the companies towards new market and knowledge relationships. Results: The Swedish case study emphasizes the value of the innovation centre in sustaining technological innovation through jobs creation and companies as well as through the nurturing of entrepreneurship spirit in a local community.

Research paper thumbnail of Incubators as Tools for Economic Growth and Technology Transfer in Developed Countries

European Journal of Business and Management, 2013

The aim of this paper is to explore, investigate and identify the key challenges of incubators fo... more The aim of this paper is to explore, investigate and identify the key challenges of incubators focussing on four groups: economy, policy, industry, and culture. The identification is based on several varibles for each group. The nature of this research is mainly qualitative. This investigation uses one semi-structured interview based in the United States and organizational documents. The research findings suggest that there are three key challenges of incubators: 1) high number of jobs creation, high number of graduate companies and high survival rate of tenants lead to economic development, 2) high cooperation of R&D and high innovation lead to technology commercialization, and 3) high sustainable growth, high entrepreneurial climate and high smart-growth networking lead to fostering entrepreneurship. The authors believe that this paper presents added value to the current literature on the key challenges of business incubation in the United States. Also the research will support ac...

Research paper thumbnail of Information Technology (IT) and Small and Medium-sized Enterprises (SMEs) Management: The Concept of Firm Impact Sphere

Research paper thumbnail of The Effect of Business Incubation in Developing Countries

The aim of this paper is to review the literature and show the strength and weakness of business ... more The aim of this paper is to review the literature and show the strength and weakness of business incubation in developing countries. This p aper is based on a wide literature review, focused on the identification of the incubators as tool for economic development. We found that 1) business incubators provide support for start-up companies, 2) graduated companies tend to have a greater probability of success and 3) graduated companies ha significant positive impact on economic development. These findings can help policy makers, governments, and practitioners with their implementation in incubator programs, leading to be tter planning and a greater chance of success. This paper contributes to enhance the understanding of the strategic implementation of incubator models in developing countries and provides useful information to both academicians and practitioners who are interested in incubator progr ams.

Research paper thumbnail of World Sustainable Development Outlook 2011: Sharing Knowledge Making a Difference: The Role of International Scientific Cooperation

World Sustainable Development Outlook series is developed to provide an overview of Sustainable D... more World Sustainable Development Outlook series is developed to provide an overview of Sustainable Development (SD) and why it is important and to provoke forward thinking on the development of a more coherent approach to solving global problems related to sustainability. In doing so, a holistic approach is used to critically examine the inter-relationship between the natural, the governmental, the economic and the social dimensions of our world and how science and technology can contribute to solutions. Outlook is a truly global source book reflected in the varied national and cultural origins of the contributors as well as the topics and case studies covered. Outlook 2011 includes selection of the best papers presented during the 9th International Conference of World Association for Sustainable Development (WASD), USA - under the theme “Sharing Knowledge Making a Difference: The Role of International Scientific Cooperation.”

Research paper thumbnail of Application of Business Incubators in Europe: A SWOT Analysis

Sharing Knowledge Making a Difference: The Role of International Scientific Cooperation.

Research paper thumbnail of Exploring the Strategic Benefits of Business Incubation: An International Perspective

Sharing Knowledge Making a Difference: The Role of International Scientific Cooperation., 2011

Research paper thumbnail of A Study of the Machine Learning Approach and the MGARCH-BEKK Model in Volatility Transmission

Journal of Risk and Financial Management, 2022

This study analyzes the volatility spillover effects in the US stock market (S&P500) and cryptocu... more This study analyzes the volatility spillover effects in the US stock market (S&P500) and cryptocurrency market (BGCI) using intraday data during the COVID-19 pandemic. As the potential drivers of portfolio diversification, we measure the asymmetric volatility transmission on both markets. We apply MGARCH-BEKK and the algorithm-based GA2M machine learning model. The negative shocks to returns impact the S&P500 and the cryptocurrency market more than the positive shocks on both markets. This study also indicates evidence of unidirectional cross-market asymmetric volatility transmission from the cryptocurrency market to the S&P500 during the COVID-19 pandemic. The research findings show the potential benefit of portfolio diversification between the S&P500 and BGCI.

Research paper thumbnail of Entrepreneurship, Innovation, Incubator And Economic Development: A Case Study

The objective of this paper is twofold: (1) discuss and analyze the successful case studies world... more The objective of this paper is twofold: (1) discuss and analyze the successful case studies worldwide, and (2) identify the similarities and differences of case studies worldwide. Design methodology/approach: The nature of this research is mainly method qualitative (multi-case studies, literature review). This investigation uses ten case studies, and the data was mainly collected and organizational documents from the international countries. Finding: The finding of this research can help incubator manager, policy maker and government parties for successful implementation. Originality/value: This paper contributes to the current literate review on the best practices worldwide. Additionally, it presents future perspective for academicians and practitioners.

Research paper thumbnail of Innovation and Entrepreneurship: Powerful Tools for a Modern Knowledge-Based Economy

Introduction.- Literature Review.- Data Collection.- Data Analysis.- Conclusion and Recommendation.

Research paper thumbnail of Towards a New Vision for Sustainability of Incubator Best Practices Model in the Years to Come

Journal of economics and sustainable development, 2013

Incubators are internationally recognized as a premier 21 st century location for technology and ... more Incubators are internationally recognized as a premier 21 st century location for technology and technology-based economic development. The purpose of this paper is to identify the similarities and differences of business incubation programs worldwide. The study focuses on six key success indicators and points out proposed incubators model in the years to come. The approach to the design methodology is based on survey and interviews implanted on 100 selected incubators. The research findings indicate the similarities of incubators programs that are 1) Creating jobs, 2) Enhancing community’s entrepreneurial climate, and 3) Tangible services and the differences are 1) Incubators type, 2) Finical status, and 3) Incubators age. The research adds value to current literature on new visions for sustainability of incubators best practice models for the coming year. Finally, it provides useful guidelines for implementation to both academies and practitioners involved with incubators worldwid...

Research paper thumbnail of World Sustainable Development Outlook 2011: Sharing Knowledge Making a Difference: The Role of International Scientific Cooperation

World Sustainable Development Outlook series is developed to provide an overview of Sustainable D... more World Sustainable Development Outlook series is developed to provide an overview of Sustainable Development (SD) and why it is important and to provoke forward thinking on the development of a more coherent approach to solving global problems related to sustainability. In doing so, a holistic approach is used to critically examine the inter-relationship between the natural, the governmental, the economic and the social dimensions of our world and how science and technology can contribute to solutions. Outlook is a truly global source book reflected in the varied national and cultural origins of the contributors as well as the topics and case studies covered. Outlook 2011 includes selection of the best papers presented during the 9th International Conference of World Association for Sustainable Development (WASD), USA - under the theme “Sharing Knowledge Making a Difference: The Role of International Scientific Cooperation.”

Research paper thumbnail of Management: The Concept of 'Firm Impact Sphere' Information Technology (IT) and Small and Medium-sized Enterprises (SMEs)

Research paper thumbnail of Mobile Phone GPS Data and Prevalence of COVID-19 Infections: Quantifying Parameters of Social Distancing in the U.S

The archives of bone and joint surgery, 2021

Background To evaluate the association between social distancing quantified by mobile phone data ... more Background To evaluate the association between social distancing quantified by mobile phone data and the current prevalence of COVID-19 infections in the U.S. per capita. Methods Data were accessed on April 4, 2020, from Centers for Disease Control and Prevention, Google COVID-19 Community Mobility Report, and the United States Census Bureau to report prevalence of COVID-19 infections, mobility data, and population per state, respectively. Mobility data points were defined as daily length of visit or time spent in a single location based on mobile phone users shared locations from February 7 - March 29, 2020. Multivariable linear regression was used to evaluate relationships between normalized per capita infection prevalence and six parameters of social distancing. Results Mobility data indicated the following percent changes compared to median values of baseline activity: -50% in transit stations, -45% in retail/recreation, -36% in workplaces, -23% in grocery/pharmacy, -19% in park...

Research paper thumbnail of The role and the contribution of business incubators in supporting economic developments

This paper reports, explores and investigates on the initiatives whereby incubators were used to ... more This paper reports, explores and investigates on the initiatives whereby incubators were used to stimulate the economy. Initially the study pursued the role of business incubator organisations and their impacts on the economic developments in the United States of America and the benefits in the Gulf Cooperation Council (GCC) member states. Incubation programs support diversify economies, commercialise technologies, create jobs and build wealth. According to the National Business Incubation Association (NBIA), business incubators help entrepreneurs translate their ideas into workable and sustainable businesses by guiding them from the beginning to being able to achieve a growing and thriving business. Business incubation provides entrepreneurs with expertise, networks and tools that they need to make their ventures successful. This paper provides evidence which based on current literature concerning business incubators as an effective and innovative tool of economic developments. The research methodologies adopted in this research study are desk-research and case study of 5 incubator organisations in the GCC member states. However, the paper provides guidance, suggestions and recommendations to change the adoption of such programmes in order to stimulate the economic development cycles in the GCC member states.

Research paper thumbnail of Innovation Capital in the Arab Countries

Global Competitiveness: a Common Goal in a Digital Society, 2005

Research paper thumbnail of Measuring innovation: the use of indicators in developed countries

World Journal of Entrepreneurship, Management and Sustainable Development, 2015

Purpose– The purpose of this paper is to describe and identify the ranking of innovation program ... more Purpose– The purpose of this paper is to describe and identify the ranking of innovation program landscape in the UK. The identification will focus on the average of four categories: policy, culture, economy, and industry.Design/methodology/approach– The nature of this research is mainly qualitative. This investigation uses two semi-structured interview based in the UK, combined with an examination of organizational documents.Findings– The research findings indicated highest ranking of the Petchey Center of Entrepreneurship located in University of East London present culture 60 percent, policy 75 percent, industry 80 percent, and economy 100 percent.Originality/value– The authors conclude with several recommendations for academia and practitioners such as governments, policy makers, funded organizations, and strategic institutions.

Research paper thumbnail of Income tax policy: is a single rate tax optimum for long-term economic growth?

World Journal of Entrepreneurship, Management and Sustainable Development, 2013

ABSTRACT Purpose – The purpose of this paper is to show an optimum income tax policy, given that ... more ABSTRACT Purpose – The purpose of this paper is to show an optimum income tax policy, given that the government must raise sufficient tax revenue to fund public goods and services as well as income transfer programmes. The paper examines the different types of taxes and then suggests a policy that is efficient, equitable, easy to administer and leads to a higher level of economic growth. Design/methodology/approach – A literature review has been done to find all scholarly work that relates to income tax policy and its effect on economic growth. Results from endogenous growth models have been utilised to determine both the significance and the magnitude of income tax policy's effect on the growth rate of real GDP. Findings – After examining the benefits of each type of taxation and reviewing the principles of capitalism, a proportionate (single rate) tax of 12 per cent on all income would be approximately revenue neutral in the USA, and would add to the growth of real GDP, thereby improving the standard of living. Research limitations/implications – The paper concentrates on income tax policy in the USA. While it is believed that the conclusions apply to virtually all market-based economies, cultural differences in some countries may result in a modification of the conclusion to fit the society. Practical implications – In the USA today, the majority of people favour changing the current income tax code. The debate is about what to change and how to change it. This debate is also important to developing nations who try to set an income tax policy that reaches the goals while encouraging growth. Originality/value – While the literature shows varying studies concerning the impact of tax policy, there is a gap when searching for an optimum policy. Many scholars have made suggestions but none of them seem to be optimal. This topic is of particular interest in the USA and the rest of the developed and non-developed world, since the recent performance of GDP growth has been very slow and in many instances negative. Most countries have tried combinations of monetary and fiscal policies to encourage growth, but none seem to be working effectively. The solution may be to change income tax policy. The proposal for an optimum income tax policy is new and different from any that has been suggested as yet. Introduction A most difficult question facing societies who choose to implement a market economy as the basis for their economic system deals with the manner in which tax revenue will be collected. While there are a number of different philosophies concerning how taxes should be levied and who should bear the burden of taxation, no comprehensive view has become dominant. The effect of this is that there are numerous taxes paid by everyone to all levels of government. In the USA, federal income tax policy has become so complex and distorted that there seems to be a general feeling that government has become extremely inefficient and unfair with respect to raising tax revenue. The purpose of this paper is to attempt to examine the current tax structure of the federal government

Research paper thumbnail of Innovation and Entrepreneurship

SpringerBriefs in Business, 2015

The use of general descriptive names, registered names, trademarks, service marks, etc. in this p... more The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use.

Research paper thumbnail of The incubators economic indicators: Mixed approaches

w.aabri.com

The aim of this paper is to investigate and identify the outcomes of key performance indicators o... more The aim of this paper is to investigate and identify the outcomes of key performance indicators of incubators that facilitate successful implementation such as, 1) entrepreneurship, 2) job creation, 3) start-up companies creation in the incubators, and 4) graduated companies. Design methodology/approach: The study nature of this research is mainly a mixed methods approach such as quantitative (survey questionnaire) and qualitative (multi-case studies, literature review). This investigation uses seven case studies and the data was mainly collected by direct interview with ten international incubator manager and organizational documents from the United States, Europe and other developing countries. The authors' professional experiences on the topic provide the foundation for the paper. Finding: The finding of this research can help incubator managers, policy makers and government parties for successful implementation. Also, add new knowledge for academic literature incubators and economic development. Originality: The authors believe that this paper has proven successful implementation of incubators worldwide and demonstrates an added value to the current literature on incubator's sustainability. Its beneficial outcomes provide useful information and recommendations for both academicians and practitioners who are interested in incubators. Also this research will be unique insight for the implementations of worldwide incubators.

Research paper thumbnail of The importance of innovation in Europe: Swedish case study

International journal of innovation and knowledge management in the Middle East and North Africa, Jan 15, 2014

The dynamics of business contexts manipulate the way firms act in their industry. These changes c... more The dynamics of business contexts manipulate the way firms act in their industry. These changes can have effects in several areas within a company. Entrepreneurship and Innovation are two areas that are affected when a change in a firm's environment occurs. The aim has been to fulfill the requests for knowledge on trends and initiatives for Europe and an analysis of Swedish competitiveness in innovation. Design/methodology/approach: The case study of this publication devotes a special consideration to the question of whether the analysed innovation efforts have helped to move the companies towards new market and knowledge relationships. Results: The Swedish case study emphasizes the value of the innovation centre in sustaining technological innovation through jobs creation and companies as well as through the nurturing of entrepreneurship spirit in a local community.

Research paper thumbnail of Incubators as Tools for Economic Growth and Technology Transfer in Developed Countries

European Journal of Business and Management, 2013

The aim of this paper is to explore, investigate and identify the key challenges of incubators fo... more The aim of this paper is to explore, investigate and identify the key challenges of incubators focussing on four groups: economy, policy, industry, and culture. The identification is based on several varibles for each group. The nature of this research is mainly qualitative. This investigation uses one semi-structured interview based in the United States and organizational documents. The research findings suggest that there are three key challenges of incubators: 1) high number of jobs creation, high number of graduate companies and high survival rate of tenants lead to economic development, 2) high cooperation of R&D and high innovation lead to technology commercialization, and 3) high sustainable growth, high entrepreneurial climate and high smart-growth networking lead to fostering entrepreneurship. The authors believe that this paper presents added value to the current literature on the key challenges of business incubation in the United States. Also the research will support ac...

Research paper thumbnail of Information Technology (IT) and Small and Medium-sized Enterprises (SMEs) Management: The Concept of Firm Impact Sphere