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Since the 80s of the last century in German Sociology, a discussion has taken place referring to the question of the persistence of class‐related social inequality or new socio‐cultural concepts, such as life‐style of social milieu, in order to describe and analyse different patterns of attitudes and behavior. However, it would be more fruitful to analyse fields where class or life‐style are more appropriate in describing the segmentation of the social world. In this article, we address the question whether different choices of holidays can better be predicted by a measure of social class or a life‐style typology, developed on the basis of different dimensions of everyday taste. As a result, it can be shown that the predictive power of life‐style in the field of holiday behavior is about three times as strong as social class.

The articles in these volumes raise a number of important issues that deserve more elaboration in future scholarship. This postscript touches on three of them. The first is the impact of the financial crisis on the discipline of economics and particularly the tendency of that discipline to proceed with little attention to the research of other social scientists. The second is that the speculative excesses in the financial markets require that we think about structural reforms that would create new routes for capital to be channeled to productive purposes. The third is the question of how people in the United States conceptualize the relationship between the state and the market.

The purpose of this paper is to investigate the way in which H.G. Wells' 1914 novel The Wife of Sir Isaac Harman might be interpreted as an “essay” illustrating some key aspects in the articulation of the ethos of business and management in the cultural context of early twentieth century capitalism.

Approaching the novel as a piece of cultural history, the paper analyzes its characters and themes, as well as its form and style, to investigate fundamental ethical aspects of business as an occupation and form of organization. The novel (one amongst countless examples in the last century) stimulates reflection upon the purposes of “businesses” (as institutions) and of “business people”.

H.G. Wells explores, in the rich form of a tragic novel, the relationship between the pursuit of profit, family life, and social integration. This problematic is not simply of historical interest. It has become intensified over the last century, yet is poorly represented in recent texts of “business ethics” which “hide” its complexity behind a search for simplistic, transcendental frameworks.

This is a new source for a wide historical contextualization of key aspects of business ethics by relating domestic life, entrepreneurial behavior, and social responsibility at the beginning of the twentieth century.

Nobody concerned with political economy can neglect the history of economic doctrines. Structural changes in the economy and society influence economic thinking and, conversely, innovative thought structures and attitudes have almost always forced economic institutions and modes of behaviour to adjust. We learn from the history of economic doctrines how a particular theory emerged and whether, and in which environment, it could take root. We can see how a school evolves out of a common methodological perception and similar techniques of analysis, and how it has to establish itself. The interaction between unresolved problems on the one hand, and the search for better solutions or explanations on the other, leads to a change in paradigma and to the formation of new lines of reasoning. As long as the real world is subject to progress and change scientific search for explanation must out of necessity continue.

Changes at the top for STN International. After 15 years as the Scientific Directorof FIZ Karlsruhe, Dr Werner Rittberger will step down at the end of this month. Taking up the post will be Professor Georg Schultheiss, a nuclear engineer by training.

This paper contributes to the theory of the relationship between human resource management (HRM) and innovation at small- to medium-sized enterprises (SMEs) by conducting a conceptual analysis of the question why Germany boasts by far the highest number of “Hidden Champion” SMEs. This is done by case studies from the army and public financial management of aid disbursal in developing countries. Implications for HRM at SMEs are discussed.

Conceptual analysis using case studies.

Contributing towards filling the gap concerning theoretical underpinnings of the link between HRM and innovation, we suggest that interdisciplinary work from relevant organisational case studies indicates that the concept of institutional design to provide motivational incentives may be relevant, especially concerning high performance systems with bundles of HRM practices. Specifically, the fundamental principle of subsidiarity is found to be important.

The research is broadly applicable to organisations of all kinds, as the diverse case studies indicate. We point towards tentative implications for the firms that account for the majority of the work force, namely SMEs, and among them the most successful ones, the so-called “Hidden Champions”.

HR managers can improve motivation, performance and innovation by decentralising decision-making as far as possible, while ensuring the overall organisational goals are well understood and shared, and resources are dedicated to train and educate staff. Additionally, the conception of rank-order competitions complements the institutional design.

Greater productivity and material performance as well as greater job satisfaction via larger autonomy and decision-making power on the local level can be achieved by the application of subsidiarity as key HRM configuration. This can be employed at SMEs, as discussed, but also other organisations. Further, the principle of subsidiarity and the greater emphasis on staff training and education may help reduce inequality.

Our paper contributes towards filling the gap in the literature on the link between HRM and innovation, by identifying the role of subsidiarity. We introduce an interdisciplinary perspective, with contributions from economics and psychology, among others. We also contribute to the history of HRM.

Develops an original 12‐step management of technology protocol and applies it to 51 applications which range from Du Pont’s failure in Nylon to the Single Online Trade Exchange for Auto Parts procurement by GM, Ford, Daimler‐Chrysler and Renault‐Nissan. Provides many case studies with regards to the adoption of technology and describes seven chief technology officer characteristics. Discusses common errors when companies invest in technology and considers the probabilities of success. Provides 175 questions and answers to reinforce the concepts introduced. States that this substantial journal is aimed primarily at the present and potential chief technology officer to assist their survival and success in national and international markets.

This paper aims to propose a service-oriented framework for performing content annotation and search, adapted to the task context. Media production workflows are becoming increasingly distributed and heterogeneous.The tasks of professionals in media production can be supported by automatic content analysis and search and retrieval services.

The processes of the framework are derived top-down, starting from business goals and scenarios in audiovisual media production. Formal models of tasks in the production workflow are defined, and business processes are derived from the task models. A software framework enabling the orchestrated execution of these models is developed.

This paper presents a framework that implements the proposed approach called Metadata Production Management Framework (MPMF). The authors show how a media production workflow for a real-world scenario is implemented using the MPMF.

The authors have demonstrated the feasibility of a model-based approach for media processing. In the reification step, there is still information that needs to be provided in addition to the task models to obtain executable processes. Future research should target the further automation of this process.

By means of this approach, the implementation of the business process defines the workflow, whereas the services that are actually used are defined by the configuration. Thus, the processes are stable and, at the same time, the services can be managed very flexibly. If necessary, service implementations can also be completely replaced by others without changing the business process implementation.

The authors introduce a model-based approach to media processing and define a reification process from business-driven task models to executable workflows. This enables a more task-oriented design of media processing workflows and adaptive use of automatic information extraction tools.