In the software engineering literature, it is commonly believed that economies of scale do not occur in case of software Development and Enhancement Projects (D&EP). Their per-unit cost does not decrease but increa...In the software engineering literature, it is commonly believed that economies of scale do not occur in case of software Development and Enhancement Projects (D&EP). Their per-unit cost does not decrease but increase with the growth of such projects product size. Thus this is diseconomies of scale that occur in them. The significance of this phenomenon results from the fact that it is commonly considered to be one of the fundamental objective causes of their low effectiveness. This is of particular significance with regard to Business Software Systems (BSS) D&EP characterized by exceptionally low effectiveness comparing to other software D&EP. Thus the paper aims at answering the following two questions: (1) Do economies of scale really not occur in BSS D&EP? (2) If economies of scale may occur in BSS D&EP, what factors are then promoting them? These issues classify into economics problems of software engineering research and practice.展开更多
While the existing literature suggests political liberalization enhances the freedom of foreign direct investment (FDI), the observation that some countries with more liberal political regimes have more restrictive ...While the existing literature suggests political liberalization enhances the freedom of foreign direct investment (FDI), the observation that some countries with more liberal political regimes have more restrictive policies toward direct investment than others remains unexplained. With a theoretical model of plural political competition and empirical evidences gathered from panel data, I argue that the liberalizing effect of political liberty on foreign direct investment hinges on the local factor endowment of the country experiencing democratization. I develop a theory of investment policy formation that takes into account the strategic response from domestic societal actors to redistribution of political power and its impact on FDI liberalization. Consistent with the theoretical prediction, the empirical results show political liberalization is more likely to lead to liberalization of foreign direct investment when the capital-labor ratio in the economy is relatively low.展开更多
文摘In the software engineering literature, it is commonly believed that economies of scale do not occur in case of software Development and Enhancement Projects (D&EP). Their per-unit cost does not decrease but increase with the growth of such projects product size. Thus this is diseconomies of scale that occur in them. The significance of this phenomenon results from the fact that it is commonly considered to be one of the fundamental objective causes of their low effectiveness. This is of particular significance with regard to Business Software Systems (BSS) D&EP characterized by exceptionally low effectiveness comparing to other software D&EP. Thus the paper aims at answering the following two questions: (1) Do economies of scale really not occur in BSS D&EP? (2) If economies of scale may occur in BSS D&EP, what factors are then promoting them? These issues classify into economics problems of software engineering research and practice.
文摘While the existing literature suggests political liberalization enhances the freedom of foreign direct investment (FDI), the observation that some countries with more liberal political regimes have more restrictive policies toward direct investment than others remains unexplained. With a theoretical model of plural political competition and empirical evidences gathered from panel data, I argue that the liberalizing effect of political liberty on foreign direct investment hinges on the local factor endowment of the country experiencing democratization. I develop a theory of investment policy formation that takes into account the strategic response from domestic societal actors to redistribution of political power and its impact on FDI liberalization. Consistent with the theoretical prediction, the empirical results show political liberalization is more likely to lead to liberalization of foreign direct investment when the capital-labor ratio in the economy is relatively low.