Article: Customer-Oriented Competitive Advantage in the Airline Industry

The competitive environment in the service industry requires firms to constantly improve business practices to be profitable and competitive. The airline industry, characterized by human interaction and delivery of services, is most in need of research in competitive advantage. This research explores and identifies the critical sources of competitive advantage from a customer-oriented perspective in the globalized airline market.

Research: Programme Management Strategies For Improved Delivery Of Major Construction Activities

In the current business climate with aggressive competition and increasing demands for improved performance and profits, sustainable growth strategies are key to any successful programme delivery. Successful programmes invariably occur as a result of effective and strong leadership by those who truly understand the programme environment as well as the challenges and the opportunities that are created. A programme is defined as a temporary, flexible organisation created to coordinate, direct and oversee the implementation of a set of related projects and activities in order to deliver outcomes and benefits related to the strategic objectives of the organisation. Programmes are generally about delivering change with a series of outcomes and these are invariably interlinked. The contemplated research examines programme management strategies for improved delivery of major construction activities of large projects in both Europe and the Middle Eastern regions. This is achieved through a triangulation of three research domains, namely: sustainability theory, strategy in programme management theory and stakeholder management theory. The contemplated research seeks to formulate a new model or framework that defines programme management strategies for the delivering of major construction activities.

Article: Multiple Regression Analysis of Diversification Effect On GDP Per Capita: The Case of UAE & Saudi Arabia

Publisher: AJEM: Asian Journal of Economic Modelling Date: June-2017 Issue: Vol. 5, No.3, 253-265 Publication Type: Article Authors: Ms. Rola Mourdaa, MA Keywords: Gulf cooperation council (GCC), Diversification, Gross domestic product (GDP), Regression analysis, GDP/Capita, UAE, Saudi Arabia Link: Multiple Regression Analysis of Diversification Effect On GDP Per Capita: The Case of UAE & Saudi Arabia Abstract: Since the 1990s, the Gulf Cooperation Council (GCC) countries aimed to focus in their economic planning on diversification … Read more…

Article: Hayek and the Use of Physics in Economics: Towards a Progressive Synthesis?

F. Hayek is known as an economist and a political philosopher who provided a specific social theory based on the idea of spontaneous order. This order state comes from a process that Hayek called ‘catallaxy’and that results from a particular phenomenon of emergence. In this context, social systems such as money, market or language are presented as spontaneous orders, resulting from a particular evolutionary process of society. Although Hayek is well known to be an opponent of importation of physical concepts into economics, this article proposes a parallel between the Hayekian theory and a new field called ‘econophysics’. More precisely, I will show how the way of characterizing the phenomenon of emergence by econophysicists might, to some extent, be an analytical characterization of the Hayekian emergence. This claim will be explained and illustrated with the presentation of econophysical works describing money and language as a spontaneous order taking the form of a power law. The last section will discuss the debates about the methodological relevance to associate Hayek’s theory with an area of knowledge coming from physics and the potential\economic implications of such a rapprochement.