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on Economics of Strategic Management |
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Issue of 2010‒03‒06
seven papers chosen by Joao Jose de Matos Ferreira University of the Beira Interior |
| By: | Jaan Masso; Tõnu Roolaht; Urmas Varblane |
| Abstract: | A growing literature is trying to analyse the productivity gap between domestic and foreign firms with differences in innovation indicators. In our paper we analyse the relationship between inward and outward FDI at either company or industry level and the innovation behaviour of companies in Estonia. We use company-level data from three waves of the Community Innovation Surveys, which are combined with financial data from the Estonian Business Register and FDI data from the balance of payments statistics. For the analysis we apply a structural model involving equations on innovation expenditure, innovation outcome and productivity, and also innovation accounting and propensity score matching approaches. Our results show that the higher innovation output of foreign owned companies vanishes after various company characteristics are controlled for, but there were significant differences in innovation inputs such as the higher use of knowledge sourcing and the lower importance of various impeding factors. Outward investment has a positive influence on innovativeness among both domestic and foreign owned companies. |
| Keywords: | innovation, internationalisation, foreign direct investments, catching-up countries |
| JEL: | F10 F23 O30 |
| Date: | 2010 |
| URL: | http://d.repec.org/n?u=RePEc:mtk:febawb:67&r=cse |
| By: | Chen, Yutian; Sen, Debapriya |
| Abstract: | Economies of scale in upstream production can lead both disintegrated downstream firms as well as its vertically integrated rival to outsource offshore for intermediate goods, even if offshore production has moderate cost disadvantage compared to in-house production of the vertically integrated firm. |
| Keywords: | Outsourcing; Economies of Scale |
| JEL: | L11 L13 D43 |
| Date: | 2010–02–01 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:20763&r=cse |
| By: | Roberto Basile (ISAE - Institute for Studies and Economic Analyses); Sergio de Nardis (ISAE - Institute for Studies and Economic Analyses); Alessandro Girardi (ISAE - Institute for Studies and Economic Analyses) |
| Abstract: | We build a model of price differentiation with firm heterogeneity, which allows for imperfect competition and market segmentation in the presence of flexible exchange rates as well as horizontal and vertical differentiation and different tastes of consumers in destination markets. We empirically assess the main predictions of our theoretical framework by using firm-level data surveyed by ISAE. We document that export-domestic price margins are significantly affected by price and quality competitiveness even controlling for foreign demand conditions, size, export intensity, destination markets and unobservables. Finally, we provide evidence of a strong heterogeneity across firms in their reaction to price and quality competitiveness. |
| Keywords: | Pricing to market, qualitative choice models, firm heterogeneity. |
| JEL: | D21 F10 C23 C25 |
| Date: | 2009–12 |
| URL: | http://d.repec.org/n?u=RePEc:isa:wpaper:123&r=cse |
| By: | Muntean, Mihaela-Carmen; Nistor, Costel; Manea, Ludmila Daniela |
| Abstract: | We are living through a period of profound change and transformation of the shape of society and its underlying economic base .The nature of production, trade, employment and work in the coming decades will be very different from what it is today. In an agricultural economy land is the key resource. In industrial economy natural resources, such as coal and iron ore and labour are the main resources. A knowledge economy is one in which knowledge is the key resource. One in which the generation and the exploitation of knowledge has come to play the predominant part in the creation of wealth. |
| Keywords: | Key words: knowledge economy; globalization; organization; comparative advantage |
| JEL: | D83 |
| Date: | 2009 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:18256&r=cse |
| By: | Parpandel, Denisa Elena; Belu, Nicoleta; Voiculet, Alina; Rizea, Ionela Carmen |
| Abstract: | „In the concept of a new economy that should integrate all stakeholders such as man, society, environment and organization, knowing natural, human and social life is becoming a greater and more comprehensive concern”. - D.J.Hickson Humankind is undergoing a historic process of passage to a new society, a new economic system that is modernized by IT. The new society is characterized by major changes as there is an upturn of values where knowledge has become the most important manufacturing factor in modern economy, meaning the bases of power exertion, generating productivity increase and ensuring business competitiveness. One can be certain that the future world ensuing from the current reshaping of values, beliefs, economic and social structures, of political concepts and systems, in brief of world conception shall be different from what anybody could imagine. |
| Keywords: | new economy; organization; management; knowledge; business competitiveness. |
| JEL: | D8 D83 |
| Date: | 2010–02–21 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:20859&r=cse |
| By: | Carlos R. Ferreira and José Filipe; José Filipe; |
| Abstract: | Key words: |
| Date: | 2009–10 |
| URL: | http://d.repec.org/n?u=RePEc:ise:isegwp:wp402009&r=cse |
| By: | Klarl, Torben |
| Abstract: | The aim of this paper is to introduce a new model selection mechanism for cross sectional spatial models. This method is more flexible than the approach proposed by Florax et al. (2003) since it controls for spatial dependence as well as for spatial heterogeneity. In particular, Bayesian and Maximum-Likelihood (ML) estimation methods are employed for model selection. Furthermore, higher order spatial influence is considered. The proposed method is then used to identify knowledge spillovers from German NUTS-2 regional data. One key result of the study is that spatial heterogeneity matters. Thus, robust estimation can be achieved by controlling for both phenomena. -- |
| Keywords: | Spatial econometrics,Bayesian spatial econometrics,Spatial heterogeneity |
| JEL: | C11 C31 C52 |
| Date: | 2010 |
| URL: | http://d.repec.org/n?u=RePEc:zbw:zewdip:10005&r=cse |