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The Effects of Individual-level Knowledge on Firm Performance: An Evolutionary Perspective
Title
The Effects of Individual-level Knowledge on Firm Performance: An Evolutionary Perspective.
Creator
Collard, Lotta, Boudreaux, Christopher, Florida Atlantic University, Department of Economics, College of Business
Abstract/Description
Human knowledge is acknowledged as critically important to economic growth and prosperity. Economists focus on the past few decades’ emergence of a knowledge-based economy greatly dependent on individual-level knowledge. Knowledge is a key resource of many organizations, and the need for an educated workforce is believed to facilitate the creation, share, and use of firm-level knowledge going forward. An economy where knowledge is the main asset is very different from traditional production...
Show moreHuman knowledge is acknowledged as critically important to economic growth and prosperity. Economists focus on the past few decades’ emergence of a knowledge-based economy greatly dependent on individual-level knowledge. Knowledge is a key resource of many organizations, and the need for an educated workforce is believed to facilitate the creation, share, and use of firm-level knowledge going forward. An economy where knowledge is the main asset is very different from traditional production systems that depend on tangible assets. These tangible assets often rely upon scarce resources such as minerals, thereby forcing price fluctuations and potential disruptions in inventory and sales. Logistics and supply chain issues can dwindle as we have experienced during the recent pandemic. However, when knowledge is the firm’s main asset, the firm’s intangible asset will not decrease as sales increase. Knowledge also does not spoil or dwindle over time. Instead, knowledge will grow and evolve, and as the philosopher Aristotle once stated, “the whole is greater than the sum of its parts”. The fact that knowledge as the main asset does not decrease as a result of production makes the knowledge economy an interesting phenomenon to study and to understand.
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Date Issued
2022
PURL
http://purl.flvc.org/fau/fd/FA00013984
Subject Headings
Knowledge economy, Knowledge, Evolutionary economics
Format
Document (PDF)
An Empirical Analysis of The Impact of Mandatory Membership Fee on Residential Real Estate Price
Title
An Empirical Analysis of The Impact of Mandatory Membership Fee on Residential Real Estate Price.
Creator
Gifford, Trishanna, Caudill, Steven, Florida Atlantic University, Department of Economics, College of Business
Abstract/Description
This empirical study examines the impact of a homeowners association (HOA) mandatory membership fee on residential real estate prices, a topic that has not been empirically addressed in the real estate literature. A mandatory membership fee is defined as an initiation fee charged by HOAs that grants homeowners country club access. Many studies have examined the impact of the presence of homeowners associations on price but only a few studies have examined the impact of homeowners associations...
Show moreThis empirical study examines the impact of a homeowners association (HOA) mandatory membership fee on residential real estate prices, a topic that has not been empirically addressed in the real estate literature. A mandatory membership fee is defined as an initiation fee charged by HOAs that grants homeowners country club access. Many studies have examined the impact of the presence of homeowners associations on price but only a few studies have examined the impact of homeowners associations on price by estimating the impact of homeowners association fees. This research expands the HOA literature by examining the specific HOA fee characteristics of a mandatory membership fee. In this analysis, hedonic price models (HPM) are used to estimate the impact of mandatory membership fee on price by analyzing 31,704 observations of single family home sales between 2018 and 2019 in Palm Beach County, Florida using data from a local multiple listing service. Specifically, Ordinary Least Squares (OLS) models using two dependent variables, sold price and natural log of sold price, with mandatory membership fee as the independent variable of interest are used to estimate the relationship between mandatory membership fee and sales price. By controlling for property, neighborhood, and market characteristics, the hypothesis I investigate states that the impact of the presence of a mandatory membership fee on sales price is negative.
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Date Issued
2023
PURL
http://purl.flvc.org/fau/fd/FA00014345
Subject Headings
Housing--Prices, Residential real estate, Homeowners' associations, Hedonic pricing
Format
Document (PDF)
Corruption and Voter Participation: Evidence from the US States
Title
Corruption and Voter Participation: Evidence from the US States.
Creator
Monica Escaleras, Peter T. Calcagno, William F. Shughart
Abstract/Description
The literature on voter turnout focuses on the determinants of the electorate’s vote supply. There is growing recognition, however, that the demanders of votes—candidates, political parties, and interest groups—have strong incentives to invest resources in mobilizing support on Election Day. The authors test the hypothesis that corruption rents increase the value of holding public office and, hence, elicit greater demand-side effort in building winning coalitions. Analyzing a pooled time...
Show moreThe literature on voter turnout focuses on the determinants of the electorate’s vote supply. There is growing recognition, however, that the demanders of votes—candidates, political parties, and interest groups—have strong incentives to invest resources in mobilizing support on Election Day. The authors test the hypothesis that corruption rents increase the value of holding public office and, hence, elicit greater demand-side effort in building winning coalitions. Analyzing a pooled time-series data set of public officials convicted of misusing their offices between 1979 and 2005, we find, after controlling for other influential factors, that governmental corruption raises voter turnout rates in gubernatorial elections.
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Date Issued
2012
PURL
http://purl.flvc.org/fau/fd/FAUIR000504
Format
Document (PDF)
Observations and Modeling of the Climatic Impact of Land-Use Changes 2014
Title
Observations and Modeling of the Climatic Impact of Land-Use Changes 2014.
Creator
Deng, Xiangzheng, Singh, R. B., Jiang, Qun’ou, Dong, Jinwei, Su, Hongbo
Date Issued
2015
PURL
http://purl.flvc.org/fau/fd/FAUIR000055
Format
Citation

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