Economy

Successful start-up ecosystems are characterized by good transport and telecommunications infrastructure, a high population density, a high proportion of foreign citizens, and numerous qualified employees. IfM Bonn researchers found this and published results in their study, "Start-up activity at the district level and in independent cities: What characterizes successful start-up... Read more

New research shows that nearly half of disabled households (48%) have struggled to keep their home warm and comfortable at some point this year, compared to 30% of non-disabled households.... Read more

Many adults consult online ratings and reviews before they make a purchase. However, how ratings affect sales is a challenging topic as evidenced from controversy surrounding Rotten Tomato scores or sellers trying to manipulate ratings on various platforms. A new study investigates how rating inflation affected a digital platform as... Read more

Fossil fuel subsidies from major economies including Australia reached close to US$700 billion in 2021, almost doubling from 2020, according to new analysis by the International Energy Agency and OECD.... Read more

Putting a price on CO₂ emissions and thus making emissions more expensive can make a significant contribution to reducing them. In a study published in The Economic Journal, Prof. Dr. Fabian Herweg, University of Bayreuth, and Prof. Dr. Klaus M. Schmidt, LMU Munich, compare two governmental instruments of carbon pricing... Read more

Increased investment in the creative industries and improved levels of business support could be the key to helping coastal and rural communities reduce their reliance upon tourism for economic prosperity.... Read more

The recent release of 2021 Census data revealed a shocking "1 million homes were unoccupied."... Read more

Individuals who actively choose to save for retirement via so-called sustainable funds are not only driven by values of equality, justice and the environment. They also have a tendency to prioritize authority, and attach less importance to wealth. This is shown by a new study from the University of Gothenburg.... Read more

Researchers from Vrije Universiteit Amsterdam, Dartmouth College, Babson College, and LUISS University published a new paper in the Journal of Marketing that shows how to de-escalate customer anger on social media sites by using language that signals active listening and empathy.... Read more

Amit Kramer is a professor of labor and employment relations at the University of Illinois Urbana-Champaign who studies the relationship between work, family and health. Kramer spoke with News Bureau business and law editor Phil Ciciora about the future of office work.... Read more

A new paper in The Quarterly Journal of Economics indicates that many American businesses are willing to hire workers with criminal records. Such companies become even more interested in hiring such workers if offered crime and safety insurance.... Read more

A SMU researcher and her co-researchers have investigated whether, and if so how, foreign environmental standards influence global sourcing decisions.... Read more

Consumer sentiment rose by 13% in August, lifting off of the all-time low reading for the survey reached in June but remaining 17% below a year ago, according to the University of Michigan Surveys of Consumers.... Read more

In the early 1980s, the dental care company Colgate decided to pursue the flourishing readymade meals market and debut its own line of frozen entrees. Yet rather than broaden Colgate's market share, the strategy backfired and led to reduced revenues and poor net income.... Read more

Ensuring long-term and productive customer relationships is very important for the continuity of business. Interestingly, customer relationships are always forged between people, even in the context of doing business. Especially in relationship selling, where the aim is to maintain productive and long-term customer relationships, it is extremely important to understand... Read more