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Topic Review
High-Quality Gastronomy for Tourism Offer
Food has evolved from a basic necessity to a primary motivation for travel. While providing a high-quality gastronomic offer is still a restaurant’s primary function, quality is no longer enough; today’s demanding guests seek unique and memorable dining experiences. A restaurant’s competences play a significant role in shaping the guests’ overall perception of the quality and derived perceived value, both of which ultimately impact the competitiveness of both the restaurant and the gastronomic destination. 
  • 636
  • 01 Aug 2023
Topic Review
Illegal Taxicab Operation
Illegal taxicabs, sometimes known as pirate taxis or gypsy cabs, are taxicabs and other for-hire vehicles that are not duly licensed or permitted by the jurisdiction in which they operate. Most major cities worldwide require taxicabs to be licensed, safety-inspected, insured as for-hire vehicles and use taximeters and there may also be requirements that the taxi driver be registered or accredited. However, many unlicensed cabs are in operation. Illegal cabs may be marked taxi vehicles (sometimes referred to as "speedy cabs"), and others are personal vehicles used by an individual to offer unauthorized taxi-like services. Illegal cabs are prevalent in cities with medallion systems, which restrict the number of legal cabs in operation. Since their introduction in 2009, vehicles affiliated with the transportation network company, Uber, have been classified as illegal taxicabs in some jurisdictions.
  • 634
  • 09 Oct 2022
Topic Review
Consequences of Geopolitics and COVID-19 on Economic Performance
The COVID-19 crisis and the war between Russia and Ukraine affects the world economy badly. The western countries’ economic sanctions on Russia and the Russian government’s reverse sanctions on western countries create pressure on the world economy. Countries over the world registered less economic growth, high inflation rate, and high government debt in 2022 compared to the fiscal period of 2019–2021. The emerging economies and developing countries of Europe were badly affected by the crisis as the level of inflation rate hit 27 percent and the economic growth of the region registered a negative 2.9 percent. It also found rising interest rates, exchange rate volatility, risk of stagflation, and rising energy prices are the short-term risks to economies. The issue of sustainable development goals and green aspects, risk of hyperinflation, and risk of economic recession are the long-term strategic challenges or risks to economies. Bailout and debt relief were found to be necessary for those countries badly affected by the crisis. Policymakers should facilitate financial policies and should switch from general assistance to targeted support of viable enterprises. 
  • 633
  • 11 Nov 2022
Topic Review
Factors Related to Fintech Adoption
Technology in general, and information and communication technologies (ICT) specifically, have directly impacted all facets of human life, from innovation processes that affect the economy and industrial and organizational dynamics to important advances in different sectors. Such is the case in the financial sector, where emerging disruptive technologies such as financial technologies (Fintech) are adding elements of ease and speed to the different transactions carried out in that sector.
  • 634
  • 02 Jan 2024
Topic Review
Sustainable Agri-Food Supply Chain
The current agri-food supply chain is affected by different problems such as food loss and waste generation along the supply chain, and the circular economy offers a possibility to enhance and optimize the production and consumption to seek to a sustainable paradigm. The circular economy can be a winning approach to intervene and moderate the impacts generated in the agri-food sector, proposing actions and solutions to readmit wastes and by-products in the productive chain. 
  • 632
  • 29 Sep 2021
Topic Review
Influencer Engagement on Social Media
The interactive capabilities of social media (SM) can provide a conceptual parallel to the conversational nature underlying the concept of engagement. For example, SM users’ interactions with specific brands are concrete manifestations of engagement marked by varying degrees of affective and/or cognitive and/or behavioral investment.
  • 633
  • 19 Oct 2023
Topic Review
The Relationship between Capital Structure and Firm Performance
Capital structure is negatively related to firm performance. Agency cost also has a negative impact on corporate performance; however, in the case of return on assets (ROA) and earnings per share (EPS), the relationship is positive. Interestingly, the findings illustrate that increasing the level of debt can reduce agency costs and enhance firm performance. Moreover, robust correlations are revealing that agency cost significantly affects the relationship between capital structure and corporate performance. 
  • 630
  • 11 Aug 2023
Topic Review
The Evolution of U.S. Equity Trading Venues
The modern U.S. equity market has been evolving from floor trading by brokers who read the ticker tape and bid on offer to purely electric trading coded into computer algorithms. This entry briefly overviews the evolution of the U.S. equity venues and discusses the consequences of market fragmentation from theoretical and empirical perspectives.
  • 630
  • 01 Dec 2021
Topic Review
Characteristics of Lead Users in the NPD Process
Despite the promising ideas of lead users, the success rate of the open innovation process remains low if no proper personal characteristics are attached to the external contributor. The knowledge about the essential characteristic elements of lead users is crucial to select the right lead users in the early stage of the NPD. 
  • 630
  • 09 Feb 2022
Topic Review
Multi-Criteria Decision-Making Evaluation
China is a major maritime country with numerous islands, which are rich in natural resources. Island resources exhibit excellent development potential; in this regard, the market demand for uninhabited island development has been strong. The scientific and reasonable utilization of the resources of uninhabited islands can create huge economic value for the region and the country, inject vitality into the national economy, and enhance the stability of the overall sustainable development of the national economy. However, previous research on islands focused on a limited area of economy or ecology, and few studies provide a comprehensive evaluation of uninhabited island development. Such development requires enormous investment and has a profound impact. Therefore, a comprehensive and scientific evaluation system is necessary for uninhabited island development planning. This entry accordingly develops an island planning and evaluation indicator system based on multi-criteria decision-making (MCDM), and entropy analysis method, and the approach of Technique for Order Preference by Similarity to an Ideal Solution (TOPSIS).
  • 629
  • 31 Mar 2022
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