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on Economics of Strategic Management |
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 |
URL: | http://d.repec.org/n?u=RePEc:rii:rridoc:39&r=cse |
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 |
URL: | http://d.repec.org/n?u=RePEc:msm:wpaper:2014/38&r=cse |
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 |
URL: | http://d.repec.org/n?u=RePEc:rom:km2013:7&r=cse |
By: | Qian Li; Richard Harris |
URL: | http://d.repec.org/n?u=RePEc:ekd:002721:272100051&r=cse |
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 |
URL: | http://d.repec.org/n?u=RePEc:wbk:wboper:20076&r=cse |
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 |
URL: | http://d.repec.org/n?u=RePEc:era:wpaper:pb-2014-06&r=cse |
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 |
URL: | http://d.repec.org/n?u=RePEc:anc:wmofir:99&r=cse |
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 |
URL: | http://d.repec.org/n?u=RePEc:boj:bojrev:13-e-1&r=cse |
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 |
URL: | http://d.repec.org/n?u=RePEc:hal:journl:halshs-01068783&r=cse |
By: | Fatih Karanfil; Bilge Ozturk |
URL: | http://d.repec.org/n?u=RePEc:ekd:000240:24000021&r=cse |
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 |
URL: | http://d.repec.org/n?u=RePEc:pai:wpaper:14-05&r=cse |
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 |
URL: | http://d.repec.org/n?u=RePEc:rii:riidoc:285&r=cse |
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 |
URL: | http://d.repec.org/n?u=RePEc:tuf:tuftec:0786&r=cse |
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 |
URL: | http://d.repec.org/n?u=RePEc:aee:wpaper:1409&r=cse |
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 |
URL: | http://d.repec.org/n?u=RePEc:wbk:wbrwps:7051&r=cse |
By: | M.A.B. Siddique; E.A. Selvanathan |
URL: | http://d.repec.org/n?u=RePEc:uwa:wpaper:98-24&r=cse |
By: | Maarten Bosker |
URL: | http://d.repec.org/n?u=RePEc:ekd:002836:283600015&r=cse |
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 |
URL: | http://d.repec.org/n?u=RePEc:wbk:wboper:20127&r=cse |
By: | MANTOVANI Andrea; VANCAUTEREN Mark |
URL: | http://d.repec.org/n?u=RePEc:ekd:003307:330700094&r=cse |
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 |
URL: | http://d.repec.org/n?u=RePEc:rom:km2013:2&r=cse |
By: | Christophe MULLER; Christophe NORDMAN |
URL: | http://d.repec.org/n?u=RePEc:ekd:003304:330400044&r=cse |
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 |
URL: | http://d.repec.org/n?u=RePEc:bdi:opques:qef_224_14&r=cse |
By: | Sevkiye Sence Turk; Lale Berkoz |
URL: | http://d.repec.org/n?u=RePEc:ekd:002836:283600096&r=cse |
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 |
URL: | http://d.repec.org/n?u=RePEc:ssa:lemwps:2014/18&r=cse |
By: | Santiago Herrera; Gaobo Pang |
URL: | http://d.repec.org/n?u=RePEc:ekd:002721:272100039&r=cse |
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 |
URL: | http://d.repec.org/n?u=RePEc:net:wpaper:1405&r=cse |
By: | Jesús López-rodríguez; J.Andres Faina Medin |
URL: | http://d.repec.org/n?u=RePEc:ekd:002721:272100053&r=cse |