This book analyses the global economy from the viewpoint of innovative firms. The main contribution
relates to the argument that the best way to solve the current and future challenges facing the global
economy is through a better understanding of Schumpeterian entrepreneurship in its modern forms.
Multinational companies sell global commodities and mass-customized products, often by utilizing
general principles of applied microeconomics such as Porter’s matrix of generic strategies.
If there was ever a time when higher education needed sustained scholarly
reflection on finance, it is now. The reality of globalization for higher education
suggests an increase in competition—competition for students, faculty, and
resources. Member states of the European Union are currently making a speedy
and concerted effort to harmonize their curricula and educational processes.
This exercise fosters greater mobility among students and faculty. Where
mobility is enhanced, competition among service providers intensifies.
Bronchoscopy has become an essential part of modern medicine. Recent advances in
technology have allowed integration of ultrasound with this tool. The use of lasers
along with bronchoscopes has increased the therapeutic utility of this device. Globally
an increasing number of pulmonary specialists, anaesthesiologists and thoracic
surgeons are using the bronchoscope to expedite diagnosis and treatment. The current
volume on bronchoscopy adds to the vast body of knowledge on this topic.
GSM’s Success Factors
Friedhelm Hillebrand 1
23.1 Acceptance in Europe, the First Step
The ﬁrst big step was the success and acceptance in all European countries. GSM was certainly the right product at the right time. There were countries like France and Germany who needed capacity in the early 1990s. Other countries like the UK, Italy, the Nordic countries had high capacity analogue systems. They were attracted by superior GSM features like small hand-held terminals as well as superior services like international roaming, SMS and data services.