Larry G. Gerber. The Irony of State Intervention: American Industrial Relations Policy in Comparative Perspective, 1914-1939. DeKalb: Northern Illinois University Press, 2005. viii + 212 pp. ISBN 0-87580-347-4, $40.00.

This is a most interesting comparative study of labor relationsin the United States and Britain across the divide of WorldWar I and encompassing the whole of the interwar period. A concludingchapter provides retrospective insights derived from post-1945experience in both countries. The author’s central concernis to resolve the paradox of the long-established American commitmentto small government ("antistatism")     

Beyond the Legal Environment: How Stigma Influences Invisible Identity Groups in the Workplace

Diversity research assumes that social interaction is influenced by a social categorization that arises from visible and readily detectable differences. How does this process work when the differences are not readily detectable? We explore the legal protections that shape the employment environment for people with invisible identities and how invisibility influences the common social dimensions of stigma these individuals experience. These social dimensions are resistant to change and therefore change occurs slowly: stigma cannot simply be legislated away. On the basis of our comparisons of social identity groups with invisible characteristics we discuss four dimensions that are especially relevant for understanding the social dynamics of invisible diversities.     

Introduction to the Special Issue Based on the RENT XIII Conference

Small Business Economics -     

Entrepreneurship education and the creation of an enterprise culture: provisional results from an experiment in Egypt

The Global Entrepreneurship Monitor Report (2008) for Egypt identified education and training as one of the main constraining factors to entrepreneurship development and the creation of an entrepreneurial culture in the country. Of the 31 countries participating in the National Experts’ Survey, Egypt was ranked in last place in terms of the contribution of the education system and the number one recommendation was that it needs to be reformed. Hence, the study examines the Entrepreneurial Tendencies of students of business administration at the British University in Egypt using the Durham University General Enterprising Tendency Test. It reveals that the entrepreneurial propensity of the Egyptian students is somewhat higher than that of their counterparts in the UK, despite the prevailing traditional “knowledge acquisition” pedagogy. When exposed to a more entrepreneurial style of teaching and learning, the students’ GET scores increased by about 8 per cent over a 12 week period, suggesting that if a change in the educational paradigm could be effected, it should be possible to effect a change in the way students think and behave, thereby helping bring about an entrepreneurial culture. The study examines the brain dominance of the students and makes proposals for future research.     

The specification of GARCH models with stochastic covariates

A number of studies investigate whether various stochastic variables explain changes in return volatility by specifying the variables as covariates in a GARCH(1, 1) or EGARCH(1, 1) model. The authors show that these models impose an implicit constraint that can obscure the true role of the covariates in the analysis. They illustrate the problem by reconsidering the role of contemporaneous trading volume in explaining ARCH effects in daily stock returns. Once the constraint imposed in earlier research is relaxed, it is found that specifying volume as a covariate does little to diminish the importance of lagged squared returns in capturing the dynamics of volatility. © 2008 Wiley Periodicals, Inc. Jrl Fut Mark 28:911–934, 2008     

Right care, right time, right place, every time

By improving its patient flow, Intermountain Healthcare was able to increase capacity and improve resource utilization. The project's guiding principle was to remove variation from patient flow processes, increase collaboration, and enhance the quality of care. A pilot project to redesign patient flow at Intermountain Medical Center focused on patient placement and care coordination. The pilot resulted in the creation of 21 virtual beds, reduced severity-adjusted average length of stay, enhanced patient satisfaction, and improved bed turn-around time.     

Situating the employee rights debate

Theological ethics provides a framework for at least adequately resolving the dilemma inherent in the issue of employee rights: the tension between individual rights and organizational authority. The central question is what consitutes the human dignity of the worker. The Roman Catholic theological tradition centers on the concept of human dignity and recognizes the causal relationship between how one's social conditions are divided and structured and the realization of one's human dignity. The author discussed why and how this tradition provides a useful methodology for resolving the employee rights debate. Donald J. Kirby is Associate Professor of Religious Studies at the Le Moyne College of Syracuse, New York. He was previously Fellow at the Woodstock Theological Center, Georgetown University. His most important publication is Prophesy vs. Profits: An Investment Dilemma for the Churches, Orbis Books, Maryknoll, N.Y, 1980     

Contents of Volume 16

Volume Contents

Contents of Volume 16     

Small Firm Marketing: A Comparison of Eastern and Western Marketing Practices

This article reports on the analysis of 110 published, undisguised stories about Chinese owner-managers in Hong Kong and determines whether Chinese small firms exhibit the same marketing activities and behavior as their Western counterparts. Content analysis suggests that Chinese small firms are production oriented, whereas small American firms are customer oriented. Chinese small firms are also found to have limited marketing expenditure while their owner-managers have limited marketing expertise. The findings also suggest that Chinese small firms do little strategic marketing planning. One possible reason for this may be that Chinese owner-managers apply innovative tactics and change their marketing planning techniques to suit the characteristics of their firms and their particular circumstances. Thus, it is not unusual to find that Chinese small firm marketing can be described as entrepreneurial and their marketing planning activities as unstructured.