But it has also arguably left large parts of the European small business sector under-capitalized and impeded the development of a healthy market for corporate control, holding back economies such as Italy in an age when scale matters.
In the late 19th century the development of a national stock market enormously increased the value of companies.
The danger is that new large consumers like China and India will make bilateral arrangements for large supplies of gas with big producers, which could set back the development of a global market.
But it also fossilises industry structures and hinders the development of a more flexible labour market and a business environment more supportive of new-company creation two areas where Japan is also sadly deficient.
Much of the development cost of a new drug is paid by the US market (yes, this is why you pay higher prices than most Europeans do) meaning that as long as drugs in, say, Greece are sold at above the marginal cost of production they still make a profit.
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It all presents significant a challenge for Daimler to keep up the pace of production, management and governmental compliance in a country whose automotive market development depends largely at the will of federal mandate.
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The development of the daily deals market shows the pent-up demand for a marketing vehicle that is even marginally better than the poor choices currently available to local merchants.
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By the late 1970s conversion to a market economy began, including development of export sectors besides the traditional tea and other commodities.
The main sign of this now is the development of the shale-gas market in America, which has caused a collapse in natural-gas prices in that country.
The existence of such a large, developing market proved vital when the third great development, the Industrial Revolution, began in 18th-century Britain.
But prior to its obliteration by Apple, mobile phone giant Nokia was a major player in the development of emerging market infrastructure, applications and capability raising.
But it still said the rising costs of drug development and the increase in time in takes from to bring a new drug to the market remains an ongoing problem for the pharmaceutical industry.
But we have come to a natural break point in the development of the market.
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It is these attributes that allow the company to function as a small market cap company but still do the clinical development traditionally limited to the domain of big pharma.
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The CEO of the company, would tout ziconotide, a pain drug in development for the next several years as a large market opportunity.
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She has also been encouraging the development of the German real estate market, which suffered from a construction overhang post-reunification but is now seeing interest from hedge funds.
The high costs of drug development mean that most early investors no longer own big stakes by the time a medicine finally gets to market.
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"In order to create a mass market phenomenon a lot has to be done in terms of availability of the technology and development of utilities and applications that harness the power of broadband, " says Chaki.
For one thing, its novel approach is fostering a proper debate among development experts about the role of market forces and accountability.
In what could be viewed as a negative development for the overall market, one of the classic defensive sectors--health care--is outperforming the rest of the market.
"A market-oriented approach is essential to the development of our cable and satellite business, " Chan says.
That, along with the development of the offshore yuan market, will likely lead to the yuan becoming a new global reserve currency at some stage.
As other cities continued building freeways that promoted driving and sprawl, Vancouver remained committed to urban living, as evidenced by the development of Granville Island, a pedestrian-friendly peninsula where residents frequent large public market and art studios.
Further weakening in the crude oil market would be a bearish development for gold and the rest of the raw commodity sector.
Ray Irving, the school's head of learning resources development, explains that Warwick is targeting a different market segment, focusing on experienced managers with no option for a career break.
"It is a very attractive development ... that was bought at the bottom of the market, " he added.
Draack thinks Nokia has a good opportunity to build market share with its new partner and of course save costs in research and development when the two eventually bring a phone to market (most likely at some point next year).
With the likes of Google, Nuance and Vlingo now offering mobile speech-recognition services for phones, and the development of speech-driven systems for use in vehicles, Parakeet may be flying into a growing market.
And the real estate market takeoff can obscure what is still a thicket of arcane regulations on development.
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