nep-cse New Economics Papers
on Economics of Strategic Management
Issue of 2006‒10‒14
fourteen papers chosen by
Bernardo Batiz-Lazo
Bristol Business School

  1. Time Inconsistency in Managing a Commodity Portfolio: A Dynamic Risk Measure Approach By Helyette Geman; Steve Ohana
  2. Aux origines de la Stakeholder Theory:1916-1950 By Samuel Mercier
  3. Innovation and competitive pressure By Vives, Xavier
  4. The effects of new firm formation on regional development over time: The case of Great Britain By Pamela Mueller; André van Stel; David J. Storey
  5. Dynamic Analysis of Innovation and International Transfer of Technology through Licensing By Hitoshi Tanaka; Tatsuro Iwaisako; Koichi Futagami
  6. Technological Improvements and Comparative Advantage Reconsidered By Yochanan Shachmurove; Uriel Spiegel
  7. Innovative Software Business Strategies: Evidence from Finnish Firms By Elad Harison; Heli Koski
  8. Competition vs. Cooperation: Analyzing Strategy Dilemma in Business Growth under Changing Social Paradigms By Rajagopal
  9. Leisure Shopping Behavior and Recreational Retailing:A Symbiotic Analysis of Marketplace Strategy and Consumer Response By Rajagopal
  10. Technology and Customer Value Dynamics in Banking Industry: Measuring Symbiotic Influence in Growth and Performance By Rajagopal
  11. A Growth Theory and Competitiveness Gains Measure Linkage By González, Germán
  12. Competition Policy in Turkey By Kulaksizoglu, Tamer
  13. Strategic Management Accounting: Exploring distinctive features and links with strategy By Cinquini, Lino; Tenucci, Andrea
  14. Strategic Behavior and Learning in Repeated Voluntary-Contribution Experiments By Lise Vesterlund; Laurent Muller; Martin Sefton; Richard Steinberg

  1. By: Helyette Geman (School of Economics, Mathematics & Statistics, Birkbeck); Steve Ohana
    Date: 2006–10
    URL: http://d.repec.org/n?u=RePEc:bbk:bbkefp:0610&r=cse
  2. By: Samuel Mercier (Université de Bourgogne)
    Abstract: (VF)Cet article vise à démontrer l’ancienneté des débats académiques portant sur le rôle de l’entreprise en société. Les premières réflexions organisées autour du concept de Stakeholder semblent commencer avec la publication de l’ouvrage majeur de Freeman (1984). Pourtant, ce dernier reconnaît lui-même qu’il n’est pas l’inventeur d’une notion apparue bien avant. Ainsi, la théorie des parties prenantes apparaît, de manière explicite, au début des années 1960 et est ancrée en management stratégique.Ces considérations ne sont pourtant pas apparues ex-nihilo. Elles s’encastrent dans un contexte économique et juridique préexistant, propice à faire apparaître des controverses fondamentales sur la propriété et les objectifs de l’entreprise. Nous explorons les origines implicites de la théorie des parties prenantes et montrons qu’elles se recoupent très largement avec celles de la RSE.
    Keywords: Stakeholder Theory;Stakeholders;Parties prenantes;Théorie des parties prenantes;Responsabilité sociale; Gouvernance;Nature de l’entreprise.
    JEL: M14 D23
    Date: 2006–10
    URL: http://d.repec.org/n?u=RePEc:dij:wpfarg:1061004&r=cse
  3. By: Vives, Xavier (IESE Business School)
    Abstract: The effects of competition on process and product innovation are analyzed, obtaining robust results that hold for a range of market structures. It is found that increasing the number of firms tends to reduce R&D effort, whereas increasing the degree of product substitutability, with or without free entry, increases R&D effort -provided that the total market for product varieties does not shrink. Increasing the total market size increases R&D effort and has ambiguous effects on the number of varieties offered, while decreasing the cost of entry increases the number of entrants and varieties but reduces R&D effort per variety. The framework and results shed light on empirical strategies to assess the impact of competition on innovation.
    Keywords: cost reduction; X-inefficiency; market concentration; market size; substitutability; product introduction; corporate governance; globalization;
    Date: 2006–06–10
    URL: http://d.repec.org/n?u=RePEc:ebg:iesewp:d-0634&r=cse
  4. By: Pamela Mueller; André van Stel; David J. Storey
    Abstract: This paper re-examines the link between new firm formation and subsequent employment growth. It investigates whether it is possible to have the wrong type of entrepreneurship - defined as new firm formation which leads to zero or even negative subsequent employment growth. It uses a very similar approach to that of Fritsch and Mueller (2004), confirming their findings that the employment impact of new firm formation is in three discrete phases. Then, using data for Great Britain, the paper shows the employment impact of new firm formation is significantly positive in England, but zero in Scotland where formation rates are much lower. It also shows that, in the low enterprise counties of GB, new firm formation has a negative effect on employment, implying that we find that the "wrong type of entrepreneurship" is possible.
    Keywords: New firm formation, employment growth, Great Britain, low entrepreneurial regions
    JEL: J23 L10 M13 R11
    Date: 2006–10
    URL: http://d.repec.org/n?u=RePEc:esi:egpdis:2006-24&r=cse
  5. By: Hitoshi Tanaka (Graduate School of Economics, Osaka University); Tatsuro Iwaisako (Faculty of Economics, Ritsumeikan University); Koichi Futagami (Graduate School of Economics, Osaka University)
    Abstract: This paper develops a quality-ladder type dynamic general equilibrium model with endogenous innovation and technology licensing as a major source of international technology transfer in developing countries. Examining the dynamic characteristics of the model fully, we explore the short- and long-run effects of both an improvement in the probability of reaching a licensing agreement with a given effort and an increase in the license fee rate. The model shows that the former promotes innovation and technology transfers in both the long and short run, while the latter discourages them.
    Keywords: Innovation; Licensing; Technology transfer
    JEL: F43 O33
    Date: 2006–02
    URL: http://d.repec.org/n?u=RePEc:osk:wpaper:0606r&r=cse
  6. By: Yochanan Shachmurove (The City College of The City University of New York and Department of Economics, University of Pennsylvania); Uriel Spiegel (Department of Economics, University of Pennsylvania and Department of Economics, Bar Ilan University)
    Abstract: Given a world consisting of two countries, two commodities, and two consumers, this paper analyzes the potential effects of the current global trend of shifting world productions with regards to consumer goods. When technological improvements occur in a developing country, would terms of trade remain favorable for a developed country? Would both countries benefit? Instances where one or both countries benefit are feasible. However the developed country may lose as a result of an improvement in the production of the good that previously had been exported by the developed country.
    Keywords: International trade, Samuelson, autarky equilibrium, comparative advantage, endowment shock
    JEL: F0 F1 O O1 O3 D51
    Date: 2006–09–01
    URL: http://d.repec.org/n?u=RePEc:pen:papers:06-023&r=cse
  7. By: Elad Harison; Heli Koski
    Keywords: open source, software market, innovative business strategies
    JEL: L11 L86 M21 O32
    Date: 2006–10–04
    URL: http://d.repec.org/n?u=RePEc:rif:dpaper:1042&r=cse
  8. By: Rajagopal (Tecnológico de Monterrey, Campus Ciudad de México)
    Abstract: There are many factors that determine the structure of competition in the environment of growing globalization. Of these, the factors which predominates the nature of competition include not only rivals, but also the economics of particular industries, new entrants, the bargaining power of customers and suppliers, and the threat of substitute services or products. Hence, competition seems to be inevitable. However, collaboration in the business strategy may be considered analogous with the cooperation in the reference to prevailing concerns of the globalization. This paper delineates the driving factors after the ideologies of the strategy formulation through competition and cooperation. The arguments in the paper are woven around sociological, economical and human behavioral paradigms and analytically discuss the strategic fit of competition and cooperation maxims intended towards the growth of business in a firm. The motivation on these juxtaposed issues of competition and cooperation has been derived by reviewing the ideologies debated over the recent past.
    Keywords: Competition, business growth, cooperation, human behavior, market leadership
    JEL: A13 D63 L22 M14 M20
    Date: 2006–08
    URL: http://d.repec.org/n?u=RePEc:ega:wpaper:200605&r=cse
  9. By: Rajagopal (Tecnológico de Monterrey, Campus Ciudad de México)
    Abstract: Consumers often benefit from increased competition in differentiated product settings during leisure shopping season. The wide choice, atmosphere, convenience, sales people, refreshments, location, promotional activities and merchandising policy are associated during the leisure shopping. The consumer shopping behavior during leisure is largely driven by the recreational infrastructure as a competitive strategy of retailers. This also helps developing store loyalty, innovative concern and the high perceived customer values whereby individuals experience enjoyment from shopping. This paper aims to analyze through an empirical investigation in Mexico, drivers which influence consumers’ leisure shopping behavior and measure customer value in terms of levels of satisfaction. The study also focuses on the role of in-store recreational infrastructure and retail selling strategies in swaying the leisure shopping and driving store loyalty.
    Keywords: Recreational retailing, shopping behavior, store loyalty, customer value, production attractiveness, brand variability
    JEL: C51 C91 D12 M31
    Date: 2006–08
    URL: http://d.repec.org/n?u=RePEc:ega:wpaper:200606&r=cse
  10. By: Rajagopal (Tecnológico de Monterrey, Campus Ciudad de México)
    Abstract: This paper attempts to critically examine the available literature on the subject, discuss a model that provides a framework for analyzing the variables associated with customer value, and to identify potential research areas. The paper argues through a set of linear equations that maximizing customer value which is interdependent factor for technology adoption and profit optimization in the banks need to be backed with appropriate economic parameters for attaining competitive efficiency and optimizing profit. The framework of the construct is laid on the theory of competitive advantage and customer lifetime value, so as to maximize the potential of the organization and all its subsystems to create and sustain satisfied customers. The paper draws theoretical impetus from new technologies in banking services such as mobile banking in the North American region and discusses the technology led marketing process towards optimizing profit. The discussion in the paper also analyzes the main criteria for successful internet-banking strategy and brings out benefits of e-banking from the point of view of banks, their technology and customer values and tentatively concludes that there is increasing returns to scale in the bank services in relation to the banking products, new technology and customer value.
    Keywords: Banking technology, customer value, profit optimization, diffusion and adoption process
    JEL: C21 C51 D21 D91 G21 O14 O33
    Date: 2006–08
    URL: http://d.repec.org/n?u=RePEc:ega:wpaper:200607&r=cse
  11. By: González, Germán
    Abstract: This work provides a macroeconomic approach and a sound conceptual foundation for the notion of "competitiveness gains", so prone to multiple interpretations, and to make it fit for empirical analyses. Instead of "competitiveness" is "competitiveness gains" the relevant concept, defined as a situation where the economy experiences a higher growth rate of TFP than its competitors. We present a theoretical model of competitiveness that provides a rationale for the variations of competitiveness,associated to the behavior of related variables; then we carry out an empirical exercise which shows that our formalization supports a measurable approximation to competitiveness gains.
    Keywords: competitiveness; competitiveness gains measure; total factor productivity; trade and growth
    JEL: O47 F43 B41 O41
    Date: 2006–10–05
    URL: http://d.repec.org/n?u=RePEc:pra:mprapa:143&r=cse
  12. By: Kulaksizoglu, Tamer
    Abstract: This paper evaluates the current competition policy framework in Turkey. A brief history of competition policy is presented. An account of the Law on the Protection of Competition, the main law on competition in Turkey, is given. The structure of the Competition Authority, the body responsi- ble for applying the Law, and the way the enforcement system works are explained. Detailed statistics are given about all the cases submitted to the Competition Authority by 2002. Accounts of some selected cases are reported and a general assessment of the implementation of competition policy is offered. The main finding of the paper is that, although there is a movement in the right direction, competition policy implementation in Turkey still needs to be developed and strengthened.
    Keywords: Competition policy; Competition law
    JEL: L40
    Date: 2004–11–26
    URL: http://d.repec.org/n?u=RePEc:pra:mprapa:179&r=cse
  13. By: Cinquini, Lino; Tenucci, Andrea
    Abstract: Several different approaches to Strategic Management Accounting (SMA) can be found in the literature of management accounting since Simmonds (1981) coined the term. Although, there is a little empirical research about SMA practice, with the exception of the studies of Guilding et al. (2000) and Cravens & Guilding (2001). The paper aims at enrich the fragmented knowledge on the topic by a contingency research. Firstly, it presents the results of a web-survey on Italian companies appraising the frequency of SMA techniques adoption. Then a factor analysis is performed in order to define some features at the hearth of SMA adoptions by the users. Thirdly, a correlation analysis between the adoption of SMA techniques and both company size and competitive strategy (splitted into pattern, mission and positioning) is conducted. Given the limited attention on the topic by empirical research, SMA techniques usage appears to be greater than what might have been presumed. The findings underline that Attribute costing, Customer accounting, Strategic Pricing and Competitive Position Monitoring represent the widely used SMA techniques. Four features of Strategic Management Accounting emerge clearly from the factor analysis: competitor, long run, process and customer orientation. While in the correlation analysis only strategic positioning and, weakly, strategic mission seem to play a contingent role in SMA technique usage.
    Keywords: Strategic Management Accounting; Strategy
    JEL: M41
    Date: 2006–09–15
    URL: http://d.repec.org/n?u=RePEc:pra:mprapa:212&r=cse
  14. By: Lise Vesterlund; Laurent Muller; Martin Sefton; Richard Steinberg
    Date: 2005–01
    URL: http://d.repec.org/n?u=RePEc:pit:wpaper:264&r=cse

This nep-cse issue is ©2006 by Bernardo Batiz-Lazo. It is provided as is without any express or implied warranty. It may be freely redistributed in whole or in part for any purpose. If distributed in part, please include this notice.
General information on the NEP project can be found at http://nep.repec.org. For comments please write to the director of NEP, Marco Novarese at <director@nep.repec.org>. Put “NEP” in the subject, otherwise your mail may be rejected.
NEP’s infrastructure is sponsored by the School of Economics and Finance of Massey University in New Zealand.