Open research questions in Business and Economic Development
93 gap statements mined from Business and Economic Development papers in our 4.5M-paper local library, which holds 856 papers on the topic — drawn mostly from each paper's own stated research gap, future-work, challenge and limitation notes, and its abstract. The ones listed below are a selection still marked open; each names the study that raised it, with a DOI link where the paper has one.
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What the literature leaves open
The research aims to address this gap by examining the relationship between digitalisation and SMEs' competitiveness.
The study highlights the need for a theoretical foundation and a practical analysis of the specific aspects of innovation management in leading transnational corporations.
MANAGERIAL AND FINANCIAL ASPECTS OF INNOVATIVE ACTIVITIES OF INTERNATIONAL COMPANIES: CASE ANALYSIS OF APPLE, GOOGLE, SAMSUNG, AND TESLA · 2026 · DOIThere is a gap in the modern theory of economic security of enterprises regarding the impact of internal control systems on economic security.
Strategic Management of Intangible Assets: Internal Control Systems and Economic Security in Innovative Enterprises · 2026 · DOIFuture studies can apply the OCRA method to other contexts. Further research can investigate the relationship between R&D expenditure and economic performance in more detail.
Comparative Analysis Of R&D Expenditure Performance in the European Union: An Application Using the OCRA Method · 2026 · DOIThe study addresses the need for a comprehensive evaluation of R&D expenditure performance.
Comparative Analysis Of R&D Expenditure Performance in the European Union: An Application Using the OCRA Method · 2026 · DOIThere is a need to consider both business and technical factors when evaluating application portfolios. The company needs to identify areas for improvement and optimize its application portfolio.
Optimizing Application Portfolios Through TIME Analysis in an Indonesian Telecommunications Company · 2026 · DOIThe assumption that all Business Value and Technical Value indicators should be weighted equally is treated as a study limitation. A sensitivity check using alternative weighting schemes is recommended for future research.
Optimizing Application Portfolios Through TIME Analysis in an Indonesian Telecommunications Company · 2026 · DOIFuture research can build on the study's findings to explore the implementation and effectiveness of the legal framework for green economic growth. Further research can examine the impact of the European Green Deal on sustainable development and environmental protection. The study's analysis can be applied to other countries and regions to identify areas for improvement and opportunities for innovation.
The extent and implications of technology adoption in HRM remain relatively unexplored in the Nigerian context. There is a need to assess the current state of technology adoption in HRM within Nigerian organizations.
The Use of Technology in Human Resources Management: Opportunities and Challenges for Organizations · 2024 · DOIThe paper identifies several challenges, including the need for efficient allocation of resources and project oversight during wartime. The authors discuss the challenges posed by war, including the need for innovative project management methodologies. The paper highlights the importance of analyzing the causes of project failures and developing new approaches to project selection and management.
INNOVATION PROJECT MANAGEMENT IN THE CONTEXT OF CHANGES IN THE MODERN BUSINESS ENVIRONMENT · 2024 · DOIThe authors highlight the need for systematic analysis of project failures to identify key factors affecting project success.
INNOVATION PROJECT MANAGEMENT IN THE CONTEXT OF CHANGES IN THE MODERN BUSINESS ENVIRONMENT · 2024 · DOIThe gap is due to the lack of consideration of the industry's characteristics and the development level of the business environment in Ukraine.
Nexus between risk factors and financial performance: The case of Ukrainian advertising and marketing companies · 2024 · DOIIn-depth case studies that show academe and practitioners how CFI leads to recommendations and is linked to subsequent decisions have been identified as a gap in the literature.
Corporate foresight for strategic innovation management: the case of a Russian service company · 2020 · DOIThe choice of ranking method is subjective. The expert evaluation applied by WEF might be contested. The development of more objective ranking methods is needed.
Multiple Criteria Evaluation and Ranking of Social Penetration of Information Society Technologies · 2012 · DOIFuture research should investigate the long-term effects of CISs on organizational development. Future research should explore the application of the model to other organizations.
The Role of Computerized Information Systems in the Development of Organizational Structure · 1987 · DOIThere is a need to understand the main forces influencing HRM innovation.
The use of traditional methods, such as interviews and references, is still prevalent. The effectiveness of alternative selection techniques is not well established. The impact of psychological research and theory on selection practice is limited.
The survey was limited to a sample of UK organizations. The response rate was 108 organizations out of a sample of 304. The paper acknowledges the limitations of current research and theory in this area.
Future research should investigate the long-term effects of using commitment as a bargaining device. Future research should explore the application of commitment as a bargaining device in other industries. Future research should examine the role of corporate competence in the management of decline.
The Use of Strategic Management in a Small Group of Companies under Conditions of Decline · 1983 · DOIThe paper identifies a gap in the management of decline, including the need for new techniques to reduce the demands on the organization. The paper highlights the importance of commitment as a bargaining device in industrial relations.
The Use of Strategic Management in a Small Group of Companies under Conditions of Decline · 1983 · DOIThe future of strategic management will be shaped by several emerging trends, including artificial intelligence-based decision-making and sustainable business models. Organizations that adapt to these trends will be better positioned to achieve long-term success.
The strategic planning concepts have been built on views of competition stressing one or a few aspects of industry structure.
Industrial organization and the evolution of concepts for strategic planning: The new learning · 1983 · DOIThe need to balance environmental protection with economic development priorities - The challenge of implementing a green economic transformation - The importance of ensuring coherence between economic development and environmental…
In reference to the accomplished research, authors of this paper identify the crucial problems that influence business IQ and also highlight these root problems: absence of proper technologies, poor information tech-nologies (IT), inappropriate software, difficulties to discover reasons for IQ errors, insufficient information security, lack of time to ensure IQ, lack of reliable in-formation sources, poor knowledge…
There is a need for a more nuanced understanding of the relationship between technology and organizational structure, - The Canadian banking industry provides a useful case study for examining…
The Impact of Structure and Managerial Perceptions on the New Strategic Initiatives of Canadian Banks · 1987 · DOI
Most-cited papers in Business and Economic Development
- The Resource-Based Theory of Competitive Advantage: Implications for Strategy Formulation · California Management Review · 1991 · 5,352 citations
- The resource-based view of the firm: Ten years after 1991 · Journal of Management · 2001 · 1,844 citations
- A Historical Comparison of Resource-Based Theory and Five Schools of Thought Within Industrial Organization Economics: Do We Have a New Theory of the Firm? · Journal of Management · 1991 · 1,692 citations
- Theoretical Perspectives for Strategic Human Resource Management · Journal of Management · 1992 · 1,528 citations
- Human resources and the resource based view of the firm · Journal of Management · 2001 · 1,521 citations
- A Framework for the Comparative Analysis of Organizations · American Sociological Review · 1967 · 1,506 citations
- Changes in the intellectual structure of strategic management research: a bibliometric study of the Strategic Management Journal , 1980–2000 · Strategic Management Journal · 2004 · 1,343 citations
- The use of logit and probit models in strategic management research: Critical issues · Strategic Management Journal · 2007 · 1,269 citations
- A model of adaptive organizational search · Journal of Economic Behavior & Organization · 1981 · 982 citations
- The Contributions of Industrial Organization to Strategic Management · Academy of Management Review · 1981 · 905 citations
Most recent work
- Internationalization Policy, Opportunities, and Digital Support for Higher Education: Perspectives on Ukraine · European Journal of Education · 2026
- Problems of Evaluating the Quality of Management at Enterprises · International Journal of Psychology and Strategic Communication · 2026
- Accessibility of the introduction of human-centered technologies by small and medium-sized enterprises · JOURNAL OF MONETARY ECONOMICS AND MANAGEMENT · 2026
- Organisationsbeobachtung – eine diagnostische Methode · supervision · 2026
- MEASURING THE ORGANIZATIONAL RESILIENCE OF ORGANIZATIONS IN THE REPUBLIC OF MOLDOVA THROUGH ABSORPTIVE, ADAPTIVE AND TRANSFORMATIVE CAPACITIES · Journal of Social Sciences · 2026
- The Impact of Digitalisation on the Performance of Romanian SMEs Listed on the AERO Market · Amfiteatru Economic · 2026
- The Impact of Digital Platforms on Romanian SMEs Competitiveness and Market Access · Amfiteatru Economic · 2026
- Beyond Technology: SME Strategic Repositioning in Digital Ecosystems · Amfiteatru Economic · 2026
- MANAGERIAL AND FINANCIAL ASPECTS OF INNOVATIVE ACTIVITIES OF INTERNATIONAL COMPANIES: CASE ANALYSIS OF APPLE, GOOGLE, SAMSUNG, AND TESLA · Bulletin of Taras Shevchenko National University of Kyiv Economics · 2026
- A Three-Dimensional Approach to National Competitiveness: Government Efficiency, Entrepreneurial Environment and Human Capital · Economica · 2026
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