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More than 200 years have passed since Adam Smith described the theory of compensating wage differentials. Although theory offers a simple yet compelling explanation for wages associated with job characteristics, the empirical evidence is conflicting. So why do workers with disadvantageous working conditions earn less and not more? The theory of compensating wage differentials assumes a perfect labor market, which is not to be found in reality. The approach presented is to remove some of the assumptions. This results in...
In the field of business administration, dealing with aspects of Islamic banking has a long tradition. This naturally applies in particular to banking management theory, but researchers in the field of international business have also dealt with the topic in different ways. Despite the long study of the subject in business administration, there are still a number of research gaps, and new questions have arisen, above all as a result of the significant increase in the internationalization of Islamic banking...
With the reorganization of the previous university administration to an entrepreneurially oriented university management, management concepts are transferred to universities and applied successfully. At the same time, high demands are placed on university managers. Your success is increasingly determined by the right, future-oriented approach to phenomena such as complexity, dynamics and knowledge. In today's communication and knowledge society, companies, universities and colleges are dependent on aligning their entire organization, all employees, visions and strategies - to the future. At the...
Innovations in the sense of innovations of entrepreneurial or scientific relevance represent the basis of the economy and science and develop central driving forces. Innovation management represents a core business activity, which is geared towards the properties of innovations and links the associated management aspects. The purpose of operational innovation management is to achieve an increase in the value of the company or the university/college on the basis of innovation processes. The function of innovation management can be realized through...
The universities and colleges are faced with new challenges due to the conversion into independent organizational forms. Due to the higher education reform with the corresponding modernization of administration, the universities are not only faced with an international competitive environment and competition for funding, but they also have to carry out an organizational change to an independent organization with far-reaching effects. In addition to numerous management tasks that also have to be completed, the universities and colleges, in addition to...
The transformation of the previous university administration into an entrepreneurially oriented university management requires the use of entrepreneurial management concepts. High demands are placed on those involved. The success of management is increasingly determined by the correct, future-oriented approach to phenomena such as complexity, dynamics and knowledge. In today's communication and knowledge society, companies and universities are dependent on aligning their entire organization, all employees, visions and strategies - to the future. This requires in-depth knowledge of the use of...
The management situation in universities and colleges has changed significantly in recent years. Competition for students and funding in connection with high quality and qualification requirements are closely related to the reorganization of university administration to an entrepreneurially oriented university management. Entrepreneurial leadership, organizational and management concepts are increasingly being used in universities. The adaptation of management systems and management styles to the circumstances of the respective university or college places high demands on those involved. Ensuring the optimal fulfillment...
Universities and colleges are subject to constant change. The education system has been undergoing changes for several years, which can be described or summarized under the following keywords: Bologna process, university reform, introduction of bachelor's and master's courses, ECTS points (European Credit Transfer System), junior professorships, conversion into independent organizations own leadership, management, personnel management, appraisal interviews, participation, project management, quality management, quality of academic teaching with controlling, evaluation, collection of tuition fees, cooperation and mergers of educational institutions as...
Universities and colleges are increasingly exposed to competition. A far-reaching transformation of the previous university administration is taking place towards an entrepreneurially oriented university management. Today entrepreneurial management concepts are transferred to universities and applied successfully. In practice, the management concepts cannot always be transferred without problems, but management concepts that have proven themselves can be adapted to the circumstances of the respective university or college. This results in major challenges for those involved. The success of management is increasingly...
The economic and social events in companies, organizations, administrations, universities and colleges are essentially determined by the thoughts and actions of numerous people working together. The person or employee represents "the most important capital" of the company. The company management and in particular the strategy-oriented management and team-oriented cooperation of employees at all hierarchical levels increasingly determines the success of companies and institutions. For example, the innovations required to strengthen competitiveness are brought about by the successful cooperation of people....
The economic and social events in companies, organizations, administrations, universities and colleges are essentially determined by the thoughts and actions of numerous people working together. The person or employee represents "the most important capital" of the company. The company management and in particular the strategy-oriented management and team-oriented cooperation of employees at all hierarchical levels increasingly determines the success of companies and institutions. For example, the innovations required to strengthen competitiveness are brought about by the successful cooperation of people....
The economic and social events in companies, organizations, administrations, universities and colleges are essentially determined by the thoughts and actions of numerous people working together. The human being or employee represents "the most important capital" of the company. The management of human resources and in particular the strategy-oriented leadership and team-oriented cooperation of employees at all hierarchical levels increasingly determines the success of companies and institutions. For example, the innovations required to strengthen competitiveness are brought about by the successful...