|
on Economics of Strategic Management |
|
Issue of 2010‒11‒06
fifteen papers chosen by Joao Jose de Matos Ferreira University of the Beira Interior |
| By: | Carolina Castaldi; Jan Faber; Maikel Kishna |
| Abstract: | This paper investigates the ability of knowledge intensive business firms (KIBS) to engage in co-innovation with client firms. Co-innovation relates to KIBS competitive advantage as knowledge creators and sources of innovation. We propose a resource-based model where knowledge-related resources and capabilities explain why certain KIBS firms are able to co-innovate. We explore the model on a sample of Dutch environmental investigation firms. Our exploratory results confirm the expected dominant role played by the learning capabilities of KIBS firms in explaining their ability to co-innovate. |
| Keywords: | KIBS, co-innovation, resource-based, knowledge |
| Date: | 2010–03 |
| URL: | http://d.repec.org/n?u=RePEc:dgr:tuecis:wpaper:1005&r=cse |
| By: | Brown, Clair; Linden, Greg |
| Abstract: | Global value chains span national and organizational boundaries in a growing number of industries. Knowledge creation and exchange within these diffuse networks is more complex than in the centralized R&D process of the past. This research, based on extensive fieldwork with engineers and managers in multinational headquarters and subsidiaries in a number of high-tech industries, analyzes alternative modes of managing knowledge workers in this global setting. Strategic human resource management (SHRM), of which formal HR policies are but a small part, is necessary to structure formal and informal network activities, both within and beyond the firm. We compare two archetypal high-performance SHRM systems and describe how they have evolved in practice. We analyze SHRM for global knowledge flows with offshore subsidiaries, value chain partners, allies, acquisitions, and corporate ventures. We also look at knowledge flows in informal personal networks and via the global circulation of knowledge workers. Finally we review lessons learned about SHRM practices to create and manage knowledge workers in global value chains. |
| Date: | 2010–10–20 |
| URL: | http://d.repec.org/n?u=RePEc:cdl:indrel:1622850&r=cse |
| By: | Vincent Mangematin (MTS - Management Technologique et Strategique - Grenoble Ecole de Management); Khalid Errabi (MTS - Management Technologique et Strategique - Grenoble Ecole de Management); Caroline Gauthier (MTS - Management Technologique et Strategique - Grenoble Ecole de Management) |
| Abstract: | Nanotechnologies are reshaping the boundaries between industries, combining two aspects of innovation – both enhancing competences based on cumulative knowledge and experience and destroying competences by forcing the renewal of the firm's knowledge base. To analyze how worldwide R&D leaders adapt to this new technology, we conduct an econometric analysis of about 3,000 subsidiaries of the largest R&D spenders. We find that large groups are creating medium size subsidiary companies to explore nanotechnologies. Knowledge circulates mostly amongst subsidiaries within the same group and scientific clusters do not affect their involvement in nanotechnologies. Nanotechnologies remain marginal within these subsidiaries' knowledge bases and are distributed within corporate groups, stimulating recombination between nanotechnology and other technologies |
| Keywords: | incumbent; inflexibility; hybridization; nanotechnology; pre-adaptation |
| Date: | 2010 |
| URL: | http://d.repec.org/n?u=RePEc:hal:wpaper:hal-00526726_v1&r=cse |
| By: | Valérie Sabatier (GAEL - Economie Appliquée de Grenoble - INRA : UR1215 - Université Pierre Mendès-France - Grenoble II, 3PX Therapeutics - 3PX Therapeutics, MTS - Management Technologique et Strategique - Grenoble Ecole de Management); Vincent Mangematin (MTS - Management Technologique et Strategique - Grenoble Ecole de Management); Tristan Rouselle (3PX Therapeutics - 3PX Therapeutics) |
| Abstract: | At the crossroad of firm's core competencies and of the anticipations of consumers' needs, the business model approach complements corporate and business strategy approaches. Firms combine several business models simultaneously to deliver value to different markets, building a portfolio of business model. For managers, business model and business model portfolio are particularly useful to address customer's needs and organisational capabilities of the firm. They also emphasise how the initial core competency of the firm can be extended or redeployed to increase the rent. Business model portfolio describes the firm's strategy to balance time-to-market, revenue stream, risk and interdependencies. It conceptualises firm diversification within the same industry to generate and capture rents. They finally describe two generic dimensions: core competence extension to enlarge the market and to address additional customers and core competence redeployment to serve similar market with the same core competence. |
| Keywords: | Biopharmaceutical; portfolio; corporate strategy; business strategy; core competence; coherence; value chain |
| Date: | 2010 |
| URL: | http://d.repec.org/n?u=RePEc:hal:journl:hal-00430782_v1&r=cse |
| By: | Vincent Mangematin (MTS - Management Technologique et Strategique - Grenoble Ecole de Management); Khalid Errabi (MTS - Management Technologique et Strategique - Grenoble Ecole de Management) |
| Abstract: | There is growing academic and policy interests in the factors that underpin the formation and the growth of clusters, especially for such ‘hyped up' scientific and technological fields as the nanotechnologies. This paper analyses the determinants of scientific cluster growth (measured by the number of publications that emanate there from), distinguishing between structural effects (i.e. initial cluster size, scientific field composition and geographic location) on the one hand and its scientific variety, organizational diversity and degree of openness (in terms of collaboration with outside actors) on the other. Overall, scientific variety enhances clusters growth, but organizational diversity slows it down. However, patterns of growth are different in Asia, Europe and North America. It seems that cluster evolution is highly contingent on national systems of innovation and on the history of collaboration amongst local actors. Policy makers and cluster strategists must design specific policies by zone, and should not simply attempt to replicate best practices from one zone to another. Slow growth may reflect also ‘elitist' strategies - those based on quality rather than on numbers |
| Keywords: | cluster growth; nanotechnology; scientific district; publication |
| Date: | 2010–10–15 |
| URL: | http://d.repec.org/n?u=RePEc:hal:wpaper:hal-00526701_v1&r=cse |
| By: | Nuno Crespo; Isabel Proença; Maria Paula Fontoura |
| Abstract: | There are theoretical reasons to expect that benefits to domestic firms from foreign direct investment would be confined to the area where the multinational firm is located and that the benefits depend on the development level of the host region. However, there is a scarcity of empirical studies on FDI’s indirect effects at the regional level, particularly with regard to inter-industry spillovers. This paper is an empirical contribution to this literature with data for Portugal. Both intra-industry and inter-industry FDI spillovers are considered. The concept of region adopted comprises the county in which the domestic firm is located, together with all of the directly neighbouring counties. Equations are estimated using the System GMM, with robust estimation of covariance matrices. Data confirms the relevance of both the geographical proximity and the development level of the region to this phenomenon. Furthermore, FDI spillovers are more evident at the inter-industry level. These results raise important implications for economic policy. |
| Keywords: | Portugal, FDI intra-industry spillovers, FDI inter-industry spillovers, counties, regional development level, geographical proximity. |
| JEL: | F21 F23 |
| Date: | 2010–10 |
| URL: | http://d.repec.org/n?u=RePEc:ise:isegwp:wp172010&r=cse |
| By: | Koen Frenken; Roderik Ponds; Frank van Oort |
| Abstract: | This study shows for eight science-based industries that the citation impact of research collaboration is higher for international collaboration than for national and regional collaboration. A further analysis of institutional affiliations shows that university-industry-government collaborations profit from being organised at the regional scale only in the cases of biotechnology and organic fine chemistry. The alleged importance of physical proximity for successful interaction between university, industry and government thus is not robust across industries. We discuss the policy implications that follow. |
| Keywords: | proximity, citation, globalisation, university-industry-government collaboration, triple helixience, economics of science, geography of science, sociology of scientific knowledge |
| JEL: | O30 R10 |
| Date: | 2010–03 |
| URL: | http://d.repec.org/n?u=RePEc:dgr:tuecis:wpaper:1002&r=cse |
| By: | Koen Frenken |
| Abstract: | The geography of scientific knowledge is defined as the replication process of locally produced knowledge claims. Proximity in social, cognitive, and physical dimensions promotes the sharing of tacit knowledge. Thus, given the complementarity between tacit and codified knowledge, proximity supports the replication of codified knowledge claims. Distinguishing between controversial and uncontroversial contexts, one can understand the sociology of science as explaining the behaviour of scientists from their proximity to other scientists, and the sociology of scientific knowledge as describing the processes that constitute the proximity between scientists. |
| Keywords: | replication, knowledge claim, proximity, mobility, controversy, incentives, sociology of science, economics of science, geography of science, sociology of scientific knowledge |
| Date: | 2010–03 |
| URL: | http://d.repec.org/n?u=RePEc:dgr:tuecis:wpaper:1001&r=cse |
| By: | Nepelski, Daniel |
| Abstract: | The reason for contradictory predictions of the models studying the impact of competi¬tion on innovation is the varying assumptions with respect to competition or innovation type. Thus, we study how the impact of competition changes with different types of innova¬tive Output. In particular, we distinguish between non-ICT - and ICT-enabled product and process innovations. To allow for such flexibility, we apply Bayesian inference techniques and use direct measures of innovative that control for the heterogeneity of innovation Output. Our analysis provides evidence that supports the hypothesis that the effect of market com¬petition on innovation is not alike for all types of innovation. We observe an inverse U-shape relationship between competition and non-ICT-enabled and a clear U-shape dependency for ICT-enabled innovations. However, the results become considerably weaker, once industry effects are taken into account. Thus, although the impact of competition on innovation varies with the type of innovation, other factors seem to have a stronger impact on the incentives to innovate. |
| Keywords: | Competition, innovation, Information and communication technologies |
| JEL: | L20 L22 O31 |
| Date: | 2010–06–01 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:26239&r=cse |
| By: | Hank Lim; Fukunari Kimura (Asian Development Bank Institute) |
| Abstract: | Production networks and the regional division of labor have been established in East Asia resulting in massive vertical intra-industry trade in parts and components within the region. This phenomenon is known as cross-border production sharing or the fragmentation of production processes into many stages across different countries. New development strategies claim that participation in international production and distribution networks is the key to accelerating economic development in the era of globalization. This process suggests that vertical input-output linkages between local firms and multinational corporations are the most powerful channels to accelerate technology transfers and spillovers. Given the trends of globalization and economic integration in East Asia, there is significant potential for the small and medium enterprise (SME) sector to increase its contribution to the region’s development through greater participation in global value chains. However, multiple market failures exist with regard to the development of SMEs and local entrepreneurship. These risks can be mitigated by proper policy measures such as strengthening technological and human resource capabilities through better networking and facilitating access to financing for SMEs. Despite many distortions and inefficiencies in implementing regional economic integration schemes in East Asia, there are many cumulative positive effects contributing to the emerging trend internationalization of SMEs in the region. This process can be significantly strengthened by creating a positive business environment through the standardization of products and services, rules and regulations, and a seamless market infrastructure in the region. |
| Keywords: | East Asia, production networks, input-output linkages, SME |
| JEL: | D20 |
| Date: | 2010 |
| URL: | http://d.repec.org/n?u=RePEc:eab:microe:2312&r=cse |
| By: | Marten J. Witkamp; Rob P. J. M. Raven; Lambèr M. M. Royakkers |
| Abstract: | Strategic niche management (SNM), a tool to understand and manage radical socio-technical innovations and facilitate their diffusion, has always departed from a technical artefact. Many radical innovations, however, do not revolve around such an artefact. Social entrepreneurship is a new business model that combines a social goal with a business mentality and is heralded as an important new way to create social value such as sustainability. This study examines if and how SNM can be applied to such a social innovation. It identifies theoretical and practical limitations and proposes solutions. The main conclusion is that SNM can be used to analyse radical social innovation, although it requires rethinking the initial entry point for research and management. Exemplifying quotes are proposed as an alternative. Second, this paper suggests using values to describe niche-regime interaction as a better way to anticipate future niche-regime interactions. |
| Keywords: | Multi-Level Perspective, Social Entrepreneurship, Social Innovation, Socio-technical Regime, Strategic Niche Management, Value |
| Date: | 2010–07 |
| URL: | http://d.repec.org/n?u=RePEc:dgr:tuecis:wpaper:1006&r=cse |
| By: | Storchevoy, Maxim A. |
| Abstract: | The purpose of this paper is to build an integrative framework for our understanding of the firm which would embrace all alternative theories in the field into one logical scheme. There are multiple views of the firm – microeconomic view, transactional costs view, legal view, organizational theory view, resource-based view, knowledge-based view, relationship marketing and others. The main idea of this paper is that all arguments of these approaches may be systematized and built into one integrative framework which may be called a general theory of the firm. |
| Keywords: | theory of the firm, contract theory, opportunism, new institutional economics, new institutionalism, resource-based view, dynamic capabilities, knowledge-based view, open innovations, stakeholder theory, relationaship marketing, |
| Date: | 2010 |
| URL: | http://d.repec.org/n?u=RePEc:sps:wpaper:174&r=cse |
| By: | Commander, Simon (London Business School); Nikoloski, Zlatko (University College London) |
| Abstract: | Institutions are now widely believed to be important in explaining performance. In this paper, we analyze whether commonly used measures of institutions have any significant, measurable impact on performance, whether of countries or firms. We look at three 'levels' of institutions and associated conjectures. The first concerns whether the political system affects performance. The second concerns whether the business and investment environment affects the performance of countries and the third concerns whether perceived business constraints directly affect the performance of firms. In all instances, we find little evidence of a robust link between widely used measures of institutions and our indicators of performance. We consider why this might be the case and argue that mis-measurement, mis-specification, complexity and non-linearity are all relevant factors. |
| Keywords: | institutions, growth |
| JEL: | D24 L21 O12 P48 |
| Date: | 2010–10 |
| URL: | http://d.repec.org/n?u=RePEc:iza:izadps:dp5247&r=cse |
| By: | Thibault Daudigeos (MC - Management et Comportement - Grenoble Ecole de Management, IFGE - Institut Français de Gouvernement des Entreprises - EM LYON); Bertrand Valiorgue (IFGE - Institut Français de Gouvernement des Entreprises - EM LYON, Pôle Stratégie et Gouvernance des Organisations - Groupe ESC Clermont) |
| Abstract: | This paper highlights overlap and differences between Convention Theory and New Organizational Institutionalism and thus states the strong case for profitable dialog. It shows how the former can facilitate new institutional approaches. First, convention theory rounds off the model of institutionalized action by turning the spotlight to the role of evaluation in the coordination effort. In parallel, the attention focused on the two components of the qualification process also sheds new light on the institutional dynamics issue at the heart of organizational institutionalism research since the mid-90s. |
| Keywords: | Convention; new institutionalism; institutional logic; qualification; compromise; higher-order principles of justice; order of worth |
| Date: | 2010–08–30 |
| URL: | http://d.repec.org/n?u=RePEc:hal:wpaper:hal-00512374_v1&r=cse |
| By: | Armando Silva (Escola Superior de Estudos Industriais e de Gestão do Instituto Politécnico do Porto); Óscar Afonso (Universidade do Porto, Faculdade de Economia); Ana Paula Africano (Universidade do Porto, Faculdade de Economia) |
| Abstract: | Using a longitudinal database (1996-2003) at the plant level, this paper aims to shed light on the causal nexus between international trade engagement and productivity in Portugal. We analyse in particular the learning-by-exporting hypotheses. In line with recent empirical literature, we apply mainly the Propensity Score Matching and a differences-in-differences estimator. In post-entry years we find a higher growth of labour productivity and total factor productivity for new exporting firms when compared to firms that, although having similar characteristics, have decided not to begin exporting in that year. Moreover, in an attempt to uncover the channels through which the learning effects are driven to new exporters, we applied the same methodology to some sub-samples. We found that learning effects are higher for new exporters that are also importers or start importing at the same time. Other important factors influencing that learning ability are found in firms that export to more developed markets, in those that achieve a certain threshold of export intensity and particularly for those firms that belong to sectors in which Portugal is at a comparative disadvantage |
| Keywords: | Exports, Imports, Self-Selection, Learning-by-exporting, Matching |
| JEL: | F14 D24 |
| Date: | 2010–09 |
| URL: | http://d.repec.org/n?u=RePEc:mde:wpaper:0026&r=cse |