nep-cse New Economics Papers
on Economics of Strategic Management
Issue of 2010‒08‒14
five papers chosen by
Joao Jose de Matos Ferreira
University of the Beira Interior

  1. Does FDI spur innovation, productivity and knowledge sourcing by incumbent firms? Evidence from manufacturing industry in Estonia By Priit Vahter
  2. Innovation, R&D Investment and Productivity: Uruguayan Manufacturing Firms By Adriana Cassoni; Magdalena Ramada
  3. The Performance Effects of IT-Enabled Knowledge Management Practices By Peter Cappelli
  4. The territorial dimension in EU policies: issues, opportunities and an application in the sphere of tourism By Jan van der Borg; Nicola Camatti
  5. Joint-Ventures: Una estrategia básica de internacionalización de la economía By Raúl Quejada Pérez

  1. By: Priit Vahter
    Abstract: Does FDI affect productivity growth, innovation, and knowledge sourcing activities of domestic firms? This study employs detailed firm-level panel-data from Estonia’s manufacturing sector to investigate different channels through which FDI can affect domestic firms. I use instrumental variables approach to identify the effects. I find no evidence of an effect of FDI entry on local incumbents’ TFP and labour productivityg rowth in the short term. The effect on productivity does not depend on the local firms’ distance to the productivity frontier. However, there are positive spillovers on process innovation. The results show significant positive correlation between the entry of FDI in a sector and the more direct measures of spillovers in subsequent periods. This is consistent with the view that FDI inflow to a sector intensifies knowledge flows to domestic firms.
    Keywords: foreign direct investment, productivity, innovation, learning
    JEL: F21 F23 O31 O33
    Date: 2010–04–01
  2. By: Adriana Cassoni; Magdalena Ramada
    Abstract: Uruguay’s inability to sustain high levels of economic growth cannot be fully explained by external shocks, the prevailing institutional setting or the level of human capital accumulation. Instead, low investment in knowledge capital stands as a most likely explanation. This hypothesis is supported by empirical evidence analyzed in this study. Returns on innovation were found to be significant, promoting a non-negligible acceleration of labor productivity gains. However, the propensity to innovate and the intensity of the effort expended critically depend on the firm’s already having a high internal efficiency level. As firms’ behavior is differentiated depending on the type of innovation output pursued, the significantly higher frequency of processes relative to product-innovative firms is matched by the larger impact of novel processes with respect to products on labor productivity. However, the degree of novelty of process innovation is significantly inferior to that of product innovation. The research points to inadequate choices of input mixes as the underlying cause. Policy recommendations center on finding adequate channels to generate and disseminate information on the optimal input mixes depending on the type of innovation output sought.
    Keywords: Innovation input, Innovation output, Productivity growth, CDM model
    JEL: O31 O32 D21
    Date: 2010–08
  3. By: Peter Cappelli
    Abstract: The extensive literature on knowledge management spans several fields, but there are remarkably few studies that address the basic question as to whether knowledge management practices improve organizational performance. I examine that question using a national probability sample of establishments, clear measures of IT-driven knowledge management practices, and an experimental design that offers a unique approach for addressing concerns about endogeneity and omitted variables. The results indicate that the use of company intranets, data warehousing practices, performance support systems, and employee competency databases have significant and meaningful effects on a range of relevant business outcomes.
    JEL: L23 O31
    Date: 2010–08
  4. By: Jan van der Borg (Department of Economics, University Of Venice Cà Foscari); Nicola Camatti (University of Ferrara)
    Abstract: In an enlarged Europe of the regions, the need for EU policies to possess an explicit territorial dimension is undeniable. This paper, by analysing the fundamentals of the EU policies in the previous 2000-2006 and the current 2007-2013 planning period, looks at the implications of strengthening the role of space in the different policy programmes. It also looks at the specific role of tourism in EU policies and draws some conclusions regarding spatial planning at a EU level.
    Keywords: EU, regional policies, territory, tourism
    JEL: R53 R58
    Date: 2010
  5. By: Raúl Quejada Pérez
    Abstract: Los acontecimientos históricos ocurridos en el ámbito comercial, financiero Y político a principios de los años 90, impactaron significativamente las relaciones económicas internacionales. Entre los principales hechos podemos destacar: Acuerdo de libre comercio entre Estados Unidos y Canadá, proceso privatizador de Europa del Este, eliminación de las últimas barreras a la libre circulación de bienes y personas por parte de la Unión Europea y la reapertura de procesos de negociación con Austria, Noruega, Suecia y muy posiblemente con Suiza y Turquía.
    Date: 2010–02–19

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