nep-cse New Economics Papers
on Economics of Strategic Management
Issue of 2014‒10‒13
27 papers chosen by
João José de Matos Ferreira
Universidade da Beira Interior

  1. Knowledge-capital formation and valorisation of French SMEs By Zeting LIU; Blandine LAPERCHE
  2. New Trends in Innovation and Knowledge Society By Dr. Jürgen Rüttgers
  4. Exporting, R&D and Absorptive Capacity in UK Establishments: Evidence from the 2001 Community Innovation Survey By Qian Li; Richard Harris
  5. ICT as an Enabler of Transformation in Ethiopia By Marc Lixi; Mariana Dahan
  6. ASEAN Beyond 2015: Stimulating Innovation in ASEAN Institutional Suppor, R & D Acvtivity and Intellectual Property Rights By Rajah Rasiah
  7. Owner-management, firm age and productivity in Italian family firms By Marco Cucculelli; Lidia Mannarino; Valeria Pupo; Fernanda Ricotta
  8. Financial Institutions' Efforts to Support the Business Conditions of Small and Medium-Sized Firms: Intermediation Services Utilizing Corporate Information and Customer Networks By Atsushi Ishikawa; Saiki Tsuchiya; Shinichi Nishioka
  9. Do strategic partnerships create value? "The empirical case of SBF 250 firms" By Fateh Saci; Boualem Aliouat
  10. Optimal Enforcement Policy and Firm´s Decisions on R&D and Emissions By Fatih Karanfil; Bilge Ozturk
  11. A results-based incentive scheme to improve performance By Ana María Becerra; Juan F. Castro; Gustavo Yamada
  12. Le modèle de la « triple hélice » appliqué au territoire : problématique, limites et intégration de nouvelles variables explicatives The triple helix model applied to the territory: issue, limits and integration of new explanatory variables By Guillem ACHERMANN
  13. Sequential Product Innovation, Competition and Patent Policy By George Norman; Lynne Pepall; Dan Richards
  14. On the employment effects of outward FDI: The case of Spain, 1995-2011 By Oscar Bajo-Rubio; Carmen Díaz-Mora
  15. A dynamic spatial model of rural-urban transformation with public goods By Biller, Dan; Andres, Luis; Cuberes, David
  16. Export Performance and Economic Development in Thailand Creation Date: 1998 By M.A.B. Siddique; E.A. Selvanathan
  17. The Spatial Evolution of Regional GDP Disparities in the 'Old' and the 'New' Europe By Maarten Bosker
  18. Tanzania Skills for Competitiveness in the Small and Medium Enterprise Sector By Shwetlena Sabarwal
  19. The Harmonization of Technical Barriers to Trade, Innovation and Export Behavior: Theory with an Application to EU Environmental Regulations By MANTOVANI Andrea; VANCAUTEREN Mark
  21. Wages and Human Capital in Exporting Firms in Morocco By Christophe MULLER; Christophe NORDMAN
  22. Infrastructure investments in the main emerging countries By Luca Antonelli; Lorenzo Bencivelli; Annalisa Bucalossi; Luigi Concistrè; Raffaele De Marchi; Giorgio Merlonghi; Valeria Rolli; Giorgio Trebeschi
  23. Locational Determinants of Foreign Investment Firms in Turkey By Sevkiye Sence Turk; Lale Berkoz
  24. The economics of research, consulting, and teaching quality: theory and evidence from a technical university By Stefano Bianchini; Francesco Lissoni; Michele Pezzoni; Lorenzo Zirulia
  25. Efficiency of Infrastructure: the Case of Container Ports By Santiago Herrera; Gaobo Pang
  26. Quality Competition in Mobile Telecommunications: Evidence from Connecticut By Patrick Sun
  27. Human Capital Accumulation and Geography: Empirical Evidence in the European Union By Jesús López-rodríguez; J.Andres Faina Medin

  1. By: Zeting LIU (Lab.RII, ULCO/Clersé-UMR8019, Université Lille Nord de France, RRI); Blandine LAPERCHE (Lab.RII, ULCO/Clersé-UMR8019, Université Lille Nord de France, RRI)
    Abstract: This paper focuses on French SMEs and studies their main characteristics regarding knowledge-capital formation and valorisation. We put forward what we may call a “French Paradox”, expressed by a quite important effort in terms of R&D investments and poor results in terms of innovation as measured by traditional indicators (patents). How can we explain this paradox? To answer this question, we study their strategy of knowledge-capital building (through absorptive capacity and open innovation) and valorisation (the way they transform their accumulated knowledge into innovations). We show that apart from the structural characteristics of SMEs (forms of innovation, use of IPRs, etc.), one important reason to their weak performances in terms of innovation lies in their integration within innovation networks dominated by large companies. The valorisation of SMEs’ knowledge capital (through patents and the diffusion of innovations) is thus not always achieved by the SMEs themselves but by the larger company, enriched by the specific knowledge of these SMEs.
    Keywords: Knowledge-capital, absorptive capacity, open innovation, SMEs, France
    JEL: O31 O34 L11
    Date: 2014
  2. By: Dr. Jürgen Rüttgers (Former Federal Minister of Education, Science, Research and Technology, Former Prime Minister of North Rhine-Westphalia, Honorary Professor of the Maastricht School of Management.)
    Date: 2014–09
  3. By: Dan COLESNIUC (Ministry of National Defense, Romania)
    Abstract: The foundation of organizational competitiveness in the contemporary economy has shifted from physical and tangible resources to knowledge. The key focus of information systems has also changed from the management of information to that of knowledge. Many organizations are increasingly viewed as knowledge-based enterprises in which formal knowledge management (KM) is essential. The development of the KM field has led to the identification of various critical success factors (CSFs) for its adoption, as well as leadership and support.
    Keywords: knowledge management, critical success factors, knowledge leadership, social intelligence, process
    Date: 2013–11
  4. By: Qian Li; Richard Harris
  5. By: Marc Lixi; Mariana Dahan
    Keywords: Macroeconomics and Economic Growth - Knowledge Economy Information and Communication Technologies - ICT Policy and Strategies Technology Industry Education - Education for the Knowledge Economy Private Sector Development - E-Business Industry
    Date: 2014–01
  6. By: Rajah Rasiah (University of Malaya, Malaysia)
    Abstract: The Policy Brief suggests initiatives that poorer ASEAN member governments should take to stimulate technological upgrading of firms at the bottom with a focus on innovation, and discusses the governance framework of intellectual property rights (IPRs) in ASEAN. With an emphasis on technology as the driver of economic growth, typologies of taxonomies and trajectories are used to evolve a policy framework to coordinate the relationship between macro-institutions, meso-organizations and micro-agents (firms) for ASEAN members to transform from developing nations to join Singapore as developed nations. Recognizing the varying capacities of ASEAN members, the paper recommends that a common platform of IPRs be developed with the more developed members assisting the least developed ASEAN members to quicken the development of a technologically more egalitarian region.
    Date: 2014–06
  7. By: Marco Cucculelli (Universit… Politecnica delle Marche, Dipartimento di Scienze economiche e sociali); Lidia Mannarino (University of Calabria, Department of Economics and Statistics); Valeria Pupo (University of Calabria, Department of Economics and Statistics); Fernanda Ricotta (University of Calabria, Department of Economics and Statistics)
    Abstract: Using Total Factor Productivity (TFP) as a measure of corporate performance, we find that Italian family-run firms are less productive than firms run by outside managers and the result is robust to potential endogeneity of management regime. This difference tends to vanish when the age of the firms is taken into account.
    Keywords: Family firms, Management, TFP
    JEL: D24 G34
    Date: 2014–09
  8. By: Atsushi Ishikawa (Bank of Japan); Saiki Tsuchiya (Bank of Japan); Shinichi Nishioka (Bank of Japan)
    Abstract: Financial institutions have been stepping up their efforts to support the business conditions of small and medium-sized firms. They have long supported the business conditions of such firms through financing, but these firms also face a wide range of management challenges other than financing. To resolve the issues faced by these firms, financial institutions have been providing support for the exploration of new markets such as business matching and the business succession of firms with elderly owners. These services have an important feature, in that financial institutions intermediate a range of information to their borrowing firms, utilizing corporate information and customer networks attained through their lending operations. Moreover, some financial institutions have recently begun to enhance the quality of their services by expanding their networks through cooperation with other financial institutions at home and abroad and with related groups.
    Date: 2013–01–11
  9. By: Fateh Saci (GREDEG - Groupe de Recherche en Droit, Economie et Gestion - Université Nice Sophia Antipolis (UNS) - CNRS : UMR6227); Boualem Aliouat (GREDEG - Groupe de Recherche en Droit, Economie et Gestion - CNRS : UMR7321 - Université Nice Sophia Antipolis (UNS))
    Abstract: Strategic partnerships are theoretically now considered as real levers of value creation. This value creation takes different forms . The objective of our research, after analyzing the results of empirical works focused on the acquisitions announcements impact on the stock market performance and also their actual value creation in the long-term, is to check if strategic partnerships create market value and the actual value. Our final results show that in the short term the announcement of a strategic partnership has a negative impact on performance as opposed to the announcement of a merger-acquisition, while other hand on the long-term, there is no positive impact (neutral impact) of strategic partnerships on financial performance. We explain this result by the phenomenon of "creation of compensatory value" in the context of a strategic and financial plan
    Keywords: Strategic partnerships, external growth strategy, value creation, creation of compensatory value
    Date: 2014–07–07
  10. By: Fatih Karanfil; Bilge Ozturk
  11. By: Ana María Becerra (Departamento de Economía, Universidad del Pacífico); Juan F. Castro (Departamento de Economía, Universidad del Pacífico); Gustavo Yamada (Departamento de Economía, Universidad del Pacífico)
    Abstract: A qualified and motivated pool of professors and researchers is a key input in any successful higher education endeavor (Salmi, 2009). Hiring professors with adequate qualifications is, of course, part of the answer to achieve this. However, improving the competitiveness of a university from within, and when the academic career has been historically based on age rather than on merit, is a much more difficult task. We believe a simple and transparent results-based incentive scheme can help reshape academic performance. Universidad del Pacífico, a medium size not for profit private institution specialized in economics and business fields, launched in 2007, an incentive system with these characteristics (Universidad del Pacífico, 2008). Monetary bonuses and promotions are linked to a set of results indicators, each having a particular weight which reflects university’s priorities regarding teaching skills and research accomplishments and dissemination. We describe this incentive system, briefly discuss the internal “politics” of its approval and implementation, and assess its potential effects on academic performance after 5 years of continuous operation.
    Keywords: Results-based, Incentive, Scheme, Improve, Performance, Professor, Researcher, Higher, Education
    JEL: D23 D82 D86
    Date: 2014–06
  12. By: Guillem ACHERMANN (Lab.RII, ULCO/Clersé-UMR8019, Université Lille Nord de France, RRI)
    Abstract: La diversité des dynamiques territoriales d’innovation invite les économistes à appréhender l’évolution des dynamiques locales. Le modèle de la « triple hélice » insiste sur les interactions entre sphères de l’université, de l’entreprise et de l’administration publique pour générer des dynamiques d’innovation. En présentant les limites de ce modèle dans l’analyse des dynamiques territoriales d’innovation, nous montrerons comment la « triple hélice », dans la mesure où les interactions entre les trois sphères sont renforcées par une politique d'innovation, peut être reconceptualisée comme une infrastructure dynamique des milieux innovateurs. The diversity of the territorial dynamics of innovation attracts attention from economists, who try to understand the evolution of those dynamics. The model of the “triple helix” insists on the interactions between the spheres of university, business and government, as well as the role that these interactions play in generating dynamics of innovation. By presenting the limits of this model in the analysis of the territorial dynamics of innovation, we will show how the "triple helix", in so far as the above mentioned interactions are enhanced by an innovation policy, could be re-conceptualized as a dynamic infrastructure of the innovative milieu.
    Keywords: triple hélice, milieu innovateur, système territorial d'innovation
    JEL: O31 O33
    Date: 2014–07
  13. By: George Norman; Lynne Pepall; Dan Richards
    Abstract: This paper examines the role of patent policy in a spatial model of sequential innovation. Initial entrepreneurs develop a new product market and anticipate that subsequent innovation may lead to a product line that consumers value more highly. The likelihood of sequential innovation increases with the number of initial early entrants in the market. Patent protection that encourages early entry can therefore raise the probability of both initial and subsequent innovation. We determine the optimal patent breadth as a function of key industry characteristics of both consumer taste and the new technology.
    Keywords: sequential innovation, patent policy, entry
    JEL: L5 O25
  14. By: Oscar Bajo-Rubio (Universidad de Castilla-La Mancha); Carmen Díaz-Mora (University of Castilla-La Mancha)
    Abstract: In this paper, we analyse the impact on domestic employment resulting from outward FDI performed by Spanish firms, using industry data for the period 1995‐2011. Together with the effects on total employment, we differentiate the effects according to the particular groups of countries and activities to which those FDI outflows are addressed. In addition, the impact of outward FDI on the demand for labour is also analysed separately for high and low skill levels of the labour force.
    Keywords: Foreign direct investment, Employment, Spanish economy
    JEL: F21 F23 J40
    Date: 2014–09
  15. By: Biller, Dan; Andres, Luis; Cuberes, David
    Abstract: This paper develops a dynamic model that explains the pattern of population and production allocation in an economy with an urban location and a rural one. Agglomeration economies make urban dwellers benefit from a larger population living in the city and urban firms become more productive when they operate in locations with a larger labor force. However, congestion costs associated with a too large population size limit the process of urban-rural transformation. Firms in the urban location also benefit from a public good that enhances their productivity. The model predicts that in the competitive equilibrium the urban location is inefficiently small because households fail to internalize the agglomeration economies and the positive effect of public goods in urban production.
    Keywords: Economic Theory&Research,Population Policies,Urban Housing and Land Settlements,National Urban Development Policies&Strategies,Labor Policies
    Date: 2014–10–01
  16. By: M.A.B. Siddique; E.A. Selvanathan
  17. By: Maarten Bosker
  18. By: Shwetlena Sabarwal
    Keywords: Access and Equity in Basic Education Teaching and Learning Education - Primary Education Education - Education For All Health, Nutrition and Population - Population Policies
    Date: 2013–07
  20. By: Dumitru-Catalin BURSUC (National Defense University “Carol I”)
    Abstract: Decision, seen as a moment of clarification, of completion of deliberations on possible action alternatives, represents a defining phase of organizational efficiency. The multiple approaches, from the mechanistic to the psychological ones capture only partially this organizational action stage complexity and interdependence.The learning organisation provides a new framework for the decisional process analysis and also a new actional framework for the decision maker.
    Keywords: pattern, decisional phase, learning organisation
    Date: 2013–11
  21. By: Christophe MULLER; Christophe NORDMAN
  22. By: Luca Antonelli (Banca d'Italia); Lorenzo Bencivelli (Banca d'Italia); Annalisa Bucalossi (Banca d'Italia); Luigi Concistrè (Banca d'Italia); Raffaele De Marchi (Banca d'Italia); Giorgio Merlonghi (Banca d'Italia); Valeria Rolli (Banca d'Italia); Giorgio Trebeschi (Banca d'Italia)
    Abstract: This paper surveys the current conditions and prospects for the infrastructure sector in seven large emerging countries - Brazil, China, India, Indonesia, Mexico, Russia and Turkey - assessing the adequacy of their current infrastructural endowment and illustrating the latest government investment plans. It also discusses the extent of private sector involvement and the main obstacles to the realization of the planned investments, including those related to the limited availability and high costs of financing. The seven countries cited in the research, which all have large domestic markets (either effective or potential) coupled with substantial requirements for new investment in public infrastructure, are of undoubted strategic importance for Italian firms operating in the infrastructure sector and planning international expansion.
    Keywords: economic development, infrastructure investments
    JEL: O12 O16
    Date: 2014–09
  23. By: Sevkiye Sence Turk; Lale Berkoz
  24. By: Stefano Bianchini; Francesco Lissoni; Michele Pezzoni; Lorenzo Zirulia
    Abstract: We investigate the effect of both research and consulting on higher education teaching quality at the individual level. We propose a theoretical model in which academics allocate limited time between three activities, over a two period horizon, under the assumption of positive spillovers from research to both consulting opportunities and teaching, and of life cycle effects on incentives. Propositions from the model are tested against teaching evaluation data from a mid-sized Italian engineering faculty. We find that research experience improves teaching quality, but only if it does not translate into large consulting opportunities. In that case, research experience provides too strong a disincentive to invest time in teaching, and quality deteriorates.
    Keywords: higher education; teaching; academic consulting; research; economics of science
    Date: 2014–09–22
  25. By: Santiago Herrera; Gaobo Pang
  26. By: Patrick Sun (Columbia University, Department of Economics, 1022 International Affairs Building, 420 West 118th Street, New York City, NY 10027)
    Abstract: Signal quality is a significant contributor to the overall quality of wireless telephone service, which competitive analyses often overlooks. To understand the competitive impact of signal quality investment on further consolidation in this industry, I use a market research survey of choice of wireless service provider and a government database on transmission base stations in Connecticut. Dropped call rates and local coverage improve as base station density increases, so I treat base station density as an endogenous product characteristic and relate it to the local value of wireless services. I find a marginal base station contributes a median 0.15% increase in own market share and a median 0.03% decrease in rival market share. Marginal base station costs are implied to be substantial, so if these costs can be effectively reduced through network integration after a merger, the merging firms and consumers can both benefit through increased base station provision. If such integration is not possible, consumers lose due to either a loss in variety of products or reduced incentives of merged firms to produce quality. These results suggest that merger review must pay careful attention to the potential for network integration in wireless and related industries.
    Keywords: quality competition, merger analysis, telecommunications.
    JEL: L15 L40 L96
    Date: 2014–09
  27. By: Jesús López-rodríguez; J.Andres Faina Medin

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