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on Economics of Strategic Management |
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Issue of 2010‒08‒28
nine papers chosen by Joao Jose de Matos Ferreira University of the Beira Interior |
| By: | Dirk Fornahl; Tom Broekel; Ron Boschma |
| Abstract: | This paper aims to explain whether firm-specific features, their engagement in collaboration networks and their location influence patent activity of biotech firms in Germany in the period 1997-2004. First, we demonstrate that non-collaborative R&D subsidies do not increase patent intensity of biotech firms. Second, the number of knowledge links biotech firms is also not influencing their patent performance. However, strong and robust evidence is found that some but not too much cognitive distance between actors involved in R&D collaborations increases patent performance of firms. Third, being located in a biotech cluster does positively impact on patent performance. |
| Keywords: | relatedness, R&D subsidies, biotechnology, knowledge networks, proximity paradox |
| JEL: | O33 O38 R58 |
| Date: | 2010–08 |
| URL: | http://d.repec.org/n?u=RePEc:egu:wpaper:1009&r=cse |
| By: | Valentina De Marchi (Università di Padova) |
| Abstract: | This paper explores the relationship between firms’ cooperation and their propensity toward environmental innovation. Previous literature has emphasized the peculiarities of such innovations based on their drivers, their positive spill-overs and the importance of regulation to trigger them. This paper contributes to the literature by focusing on the importance of cooperation and of vertical, horizontal and lateral cooperative agreements on environmental innovation propensity. I test these hypotheses through a large scale dataset, the Community Innovation Survey for Spanish firms (PITEC), through the use of estimation techniques that allow to control for possible selection bias. The econometric estimations suggest that environmental innovative firms cooperate on innovation to an higher extent than other innovative firms. Furthermore, cooperation with suppliers, KIBS and universities is more relevant than for other innovative firms, whereas cooperation with clients does not seem to be differentially important. |
| Keywords: | environmental innovation, cooperation, R&D, two step logit model, innovation survey. |
| Date: | 2010–09 |
| URL: | http://d.repec.org/n?u=RePEc:pad:wpaper:0119&r=cse |
| By: | Valeria Arza; Andres Lopez |
| Abstract: | This paper adapts the Crepon, Duguet, and Mairesse (1998) approach to estimate the relationship between innovation and productivity and the realities of innovative activities in developing countries. Panel data for Argentina during the period 1998-2004 to estimate a structural model in which different types of firms’ innovative behavior—including in-house activities and the incorporation of external technologies—feeds into the probability of achieving successful results in product and process innovation, which in turn explains labor productivity. The endogeneity of this three-stage process is controlled for. The results suggest that all types of innovative activities are relevant to explain success in product and process innovation, and both are important factors to explain labor productivity. Moreover, investing systematically in R&D implies an extra payoff in labor productivity. These results suggest that investing in different types of innovative activities—and not only in R&D—and doing in-house activities systematically contribute to firms’ innovative and economic performance. |
| Keywords: | Innovation, Productivity, Argentina |
| JEL: | O33 O14 O12 |
| Date: | 2010–08 |
| URL: | http://d.repec.org/n?u=RePEc:idb:wpaper:4681&r=cse |
| By: | Lambais, Guilherme B. R. |
| Abstract: | The objective of this paper is to analyze a set of technology-based enterprises connected to incubators and the University of Campinas, both located in the Metropolitan Region of Campinas, Brazil. We call these, respectively, “induced” and “spontaneous” companies. A survey was conducted directly with the companies and reveled an answer rate of 31% for our population connected to incubators and 24% for those connected with the university. We propose a discussion of firm’s endogenous and exogenous characteristics, as well as their relations with the geographic space. Our main conclusions are as follows: 1) the space emerges as fundamental in the creation and development of technology-based endeavors, 2) both groups of companies do not differ substantially in successful growth potential, 3) differences emerge with the level of integration with the university and network access, and 4) their main limitation is connected with financing access. |
| Keywords: | Regional and urban economics; New economic geography; Technology-based enterprises; Metropolitan Region of Campinas; Technopolis |
| JEL: | L20 R00 |
| Date: | 2009–12 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:24449&r=cse |
| By: | Tibor Lalinsky (Research Department, National Bank of Slovakia) |
| Abstract: | Slovak enterprises recorded significant worsening of economic and financial indicators in the time after euro adoption. Dramatic changes in the results of non-financial corporations were observed in most of the EU countries. The main driving factor was a drop in global demand. Some indicators suggest that the adoption of the euro and consequent effective exchange rate appreciation could have an additional negative effect on selected services. Decrease in price and cost competitiveness was only temporary. Tradable sector represented mainly by manufacturing seems to be sufficiently competitive. With gradual recovery of the global economy we can see a growing importance of previously identified competitiveness factors: support of research and development, education and innovations. |
| Keywords: | business competitiveness, impact of euro adoption |
| JEL: | D21 L10 L25 O12 |
| Date: | 2010–04 |
| URL: | http://d.repec.org/n?u=RePEc:svk:wpaper:1007&r=cse |
| By: | Sandy Mokbel |
| Abstract: | This study examines entry strategies in the Canadian wireless discount market. Analysis was mainly focused on the incumbents’ strategic choices when faced with the threat of sequential entry. The main model used is Fudenberg and Tirole’s taxonomy of business strategies that is studied in the context of multimarket contact and when entry deterrence might be considered as a public good. The core of the analysis is done with two interconnected two stage games. It is argued that Fido, Solo and Virgin adopted a Puppy Dog strategy to face Koodo’s entry, then might have aligned with their new competitor and switched to a Top Dog attitude when faced with the threat of a second round of market entries. <P>Cette étude examine les stratégies d’entrée sur le marché canadien des télécommunications sans-fil à escompte. L’analyse porte principalement sur les choix stratégiques des entreprises établies qui font face à des menaces d’entrée séquentielles sur le marché. Le modèle, essentiellement basé sur la taxonomie des stratégies de gestion de Fudenberg et Tirole, est étudié dans un contexte de firmes ayant des contacts sur plusieurs marchés et en supposant que la dissuasion à l’entrée pourrait avoir les mêmes caractéristiques qu’un bien public. L’analyse se base sur deux jeux à deux phases interconnectés. Ce modèle supposerait alors que Fido, Solo et Virgin auraient adopté la stratégie d’un Gentil Chiot en préparation à l’entrée de Koodo, et se seraient ensuite alignés avec leur nouveau concurrent en adoptant ce qui semblerait être une attitude de Chien Méchant lorsque soumis à des menaces d’une nouvelle vague d’entrées. |
| Keywords: | market strategy, game theory, telecommunications, industrial organization, stratégie de marché, théorie des jeux, télécommunications, organisation industrielle |
| Date: | 2010–08–01 |
| URL: | http://d.repec.org/n?u=RePEc:cir:cirwor:2010s-31&r=cse |
| By: | John Haltiwanger; Ron S. Jarmin; Javier Miranda |
| Abstract: | There’s been a long, sometimes heated, debate on the role of firm size in employment growth. Despite skepticism in the academic community, the notion that growth is negatively related to firm size remains appealing to policymakers and small business advocates. The widespread and repeated claim from this community is that most new jobs are created by small businesses. Using data from the Census Bureau Business Dynamics Statistics and Longitudinal Business Database, we explore the many issues regarding the role of firm size and growth that have been at the core of this ongoing debate (such as the role of regression to the mean). We find that the relationship between firm size and employment growth is sensitive to these issues. However, our main finding is that once we control for firm age there is no systematic relationship between firm size and growth. Our findings highlight the important role of business startups and young businesses in U.S. job creation. Business startups contribute substantially to both gross and net job creation. In addition, we find an “up or out” dynamic of young firms. These findings imply that it is critical to control for and understand the role of firm age in explaining U.S. job creation. |
| Date: | 2010–08 |
| URL: | http://d.repec.org/n?u=RePEc:cen:wpaper:10-17&r=cse |
| By: | Myriam Karoui (LGI - Laboratoire Génie Industriel - Ecole Centrale Paris); Ali Gürkan (LGI - Laboratoire Génie Industriel - Ecole Centrale Paris); Aurélie Dudezert (LGI - Laboratoire Génie Industriel - Ecole Centrale Paris) |
| Abstract: | Along with the widespread use of information technologies (IT) and the increasing geographical span of tasks held by various organizations, Virtual Teams (VTs) rose as an alternative organizational form which has the potential to deeply change the workplace. This article provides a review of previously published work on collaboration in VTs. The review is organized around two perspectives adopted by scholars, namely technological and managerial. This analysis underlines two major constructs that leads to an efficient VT collaboration, i.e. the context in which the collaboration is held and the collaboration style. While the former is illustrated by knowledge and team characteristics, the latter is identified by technological media and leadership. Building on this classification, we suggest a model and explore future research directions with a particular attention to the implications for collaboration in organizations. |
| Keywords: | Collaboration, Virtual Team, Knowledge Sharing, Literature Review |
| Date: | 2010 |
| URL: | http://d.repec.org/n?u=RePEc:hal:journl:hal-00509753_v1&r=cse |
| By: | Fernando Alexandre (Universidade do Minho - NIPE); Pedro Bação (GEMF and Universidade de Coimbra); João Cerejeira (Universidade do Minho - NIPE); Miguel Portela (Universidade do Minho - NIPE and IZA) |
| Abstract: | Integration into the world economy, specialization in low-technology sectors and labour market rigidity have been singled out as structural features of the Portuguese economy that are crucial for the understanding of its performance. In this paper, we explore empirically the role of openness, technology and labour market rigidity in the determination of the effect of the exchange rate on the dynamics of employment in Portugal. Our estimates indicate that employment in low-technology sectors with a high degree of trade openness and facing less rigidity in the labour market is more sensitive to movements in exchange rates. Therefore, our results provide additional evidence on the relevance of those structural features for explaining the evolution of the Portuguese economy in the last decades. In this paper the degree of labour market rigidity is measured at the sector level by means of a novel index. According to this index, high-technology sectors face less labour market rigidity. These sectors are also more exposed to international competition. However, the bulk of employment destruction has occurred in low-technology sectors. This suggests that productivity/technology may be the key variable to reduce the economy´s exposure to external shocks. |
| Keywords: | exchange rates, international trade, job flows, labour market rigidity, technology. |
| JEL: | J23 F16 F41 |
| Date: | 2010 |
| URL: | http://d.repec.org/n?u=RePEc:nip:nipewp:22/2010&r=cse |