nep-cse New Economics Papers
on Economics of Strategic Management
Issue of 2018‒05‒28
ten papers chosen by
João José de Matos Ferreira
Universidade da Beira Interior

  1. Obstacles to innovation and external sourcing of knowledge: Evidence for German and Spanish firms By Mery Patricia Tamayo; Estefanía Gómez; Elena Huergo
  2. The Problem of Differential Absorption Capacity in the Processes of Joint Knowledge Production in Alliances By Lyasko, Alexander
  3. Does the Utilization of Information Communication Technology Promote Entrepreneurship: Evidence from Rural China By Barnett, William; Hu, Mingzhi; Wang, Xue
  4. Cross border assignments By Vera Kristín Kristjánsdóttir; Hafdís Björg Hjálmarsdóttir
  5. The virtues of dialogue between academics and businessmen By Lise Arena; Leonard Minkes
  6. Rethinking value creation from the resource based view: the case of human capital in moroccan hotels By Youssef Ifleh; Mohamed Lotfi; Mounime Elkabbouri
  7. Skill Requirements across Firms and Labor Markets: Evidence from Job Postings for Professionals By Deming, David; Kahn, Lisa B.
  8. The career dynamics of high-skilled women and men: Evidence from Sweden By Albrecht, James; Bronson, Mary Ann; Skogman Thoursie, Peter; Vroman, Susan
  9. What more can we learn from R&D alliances? : A review and research agenda By Martinez-Noya, Andrea; Narula, Rajneesh
  10. The international sales accelerator: A project management tool for improving sales performance in foreign target markets By Gerybadze, Alexander; Wiesenauer, Simone

  1. By: Mery Patricia Tamayo; Estefanía Gómez; Elena Huergo
    Abstract: The goal of this research is to empirically study the relationship between obstacles perceived by companies to carrying out their innovation activities and their decisions about external sourcing of knowledge through the outsourcing of R&D or technological cooperation. Using information on German and Spanish companies from the year 2010, we obtain that in both countries this association is positive, and that companies that assign greater importance to factors that impede their innovation activities are also more likely to engage in external sourcing of knowledge. This relationship seems to be especially strong in companies that do not engage in internal R&D activities or do so sporadically, while it is much weaker in companies that perform internal R&D continuously. Nonetheless, the importance that companies assign to the market power of established companies as a barrier to innovation is positively associated with technological cooperation especially in continuous R&D performers.
    Keywords: Obstacles to innovation, outsourcing, technological cooperation
    JEL: L2 O3 O57
    Date: 2018–05–16
  2. By: Lyasko, Alexander (Russian Presidential Academy of National Economy and Public Administration (RANEPA))
    Abstract: In interfirm strategic alliances that pursue their objectives in complex technological environment, the discrepancy in partners’ absorptive capacity (that is, their ability to discern, digest, recombine and practically apply novel knowledge, ideas and know-how coming from external sources) can seriously hamper the processes of mutual learning and collective knowledge creation. Therefore, partners should learn how to bridge these differences, simultaneously protecting intellectual property rights and valuable knowledge belonging to each participant in strategic collaborative projects.
    Date: 2018–04
  3. By: Barnett, William; Hu, Mingzhi; Wang, Xue
    Abstract: Impacts on the probability of transition to entrepreneurship in rural China associated with the utilization of information communication technology (ICT) are estimated using longitudinal data from the China Family Panel Studies (CFPS) survey. We identify cell phone ownership and internet use as proxy variables for ICT utilization and find that cell phone ownership and internet use have positive impacts on entrepreneurship. After controlling for observables and time and regional fixed effects, cell phone users (internet users) are 2.0 (6.4) percentage points more likely to engage in entrepreneurship than the others. Considering that the average entrepreneurship rate for rural households is only 9.5% in the sample, the influence of cell phone ownership and internet use are very strong in the economic sense. Our results are robust to unobservable individual characteristics, model misspecification, and reverse causality of entrepreneurship to ICT utilization. Evidence also suggests that social network and information and knowledge acquisition play the mediating roles in the impact of ICT utilization on entrepreneurship.
    Keywords: ICT; social network; information acquisition; entrepreneurship
    JEL: D10 M51 Q55
    Date: 2018–03–18
  4. By: Vera Kristín Kristjánsdóttir (University of Akureyri); Hafdís Björg Hjálmarsdóttir (Akureyri University)
    Abstract: The authors of this presentation are members of a network called Nordic-Baltic Network for Internationalization of SMEs or Nobanet. The main goal of Nobanet is to create and widely disseminate new knowledge on successful internationalization in the Nordic-Baltic region. This aim is achieved through close cooperation of higher education institutions and SMEs in the entire region. Faculty, students and companies work closely together within educational courses and through real-life international assignments. The main goal of this presentation is to explain how real-life assignments across borders can benefit all three groups: students, educators, and the SMEs. Students were tasked with finding strategies to facilitate the company?s entry into a new market, what the company?s marketing strategy should be, who would be their target market, and so on. Surveys were done, one for each of the three groups. All three groups were asked about cooperation between universities and SMEs, specifically the advantages and disadvantages of a cooperation between these three groups. The result from the student group shows that this kind of a cooperation was rewarding to the students, the students said that direct interactions with SMEs through real-life cross border assignments felt more important than regular assignments. The students also pointed out that it was inspiring for them to work with a real-life company knowing that their results could have an impact on the real world. The teachers pointed out that having new and real assignments was important to them and through this cooperation; it was easy to connect the theory to reality. As for the companies, they got consultancy from students in the market they wished to enter and got marketing plans and marketing entry plans that they could easily put in practice. The findings of the research urges further collaboration between these three parties. The authors of this presentation made a working procedure that explains how a cooperation of these three parties should be done. The model explains a few steps that is important to bear in mind for a cooperation of this sort to be fruitful for all three parties.
    Keywords: Real-life assignments, SMEs, Cooperation,
    Date: 2018–04
  5. By: Lise Arena (GREDEG - Groupe de Recherche en Droit, Economie et Gestion - UNS - Université Nice Sophia Antipolis - UCA - Université Côte d'Azur - CNRS - Centre National de la Recherche Scientifique); Leonard Minkes (University of Birmingham [Birmingham])
    Abstract: This article aims to understand the process of production of knowledge in the field of business organisation and in problems of administration. It argues that the acquisition of this type of knowledge is greatly assisted by the developments of dialogue between academics and industrialists. It looks at a method which has been applied in England during the period late 1940s to early 1970s in three academic seminars: the Seminar in Problems of Administration at the LSE (1947–1972); the Industrial Seminar at Birmingham University (late 1950s‒1972); and the BPhil Seminar in Economics of Industry at the University of Oxford (1957–1974). By the mid-1970s, these three seminars had ceased to exist and left room for the rapid development of management studies, on the one hand, and the formalisation of industrial economics (game theory), on the other.
    Keywords: University of Birmingham,empirical realism,seminar method,Management education,business organisation,LSE,University of Oxford
    Date: 2017
  6. By: Youssef Ifleh; Mohamed Lotfi; Mounime Elkabbouri
    Abstract: The growth of the modern knowledge-based economy is becoming less and less dependent on tangible assets and more on intangible ones. In this context, the role of human capital in the value creation process has become central. Despite the large amount of scientific work on human capital phenomena, little research has revealed the role of human capital in the process of creating value. The purpose of this article is to evaluate the impact of human capital on value creation within 31 classified hotels in Morocco for the period 2013-2015. This paper is organized into four sections. First, we return to the main conceptualization of value creation. The goal of this first section is to synthesize prior work on this construct and highlight the main role of the resource based view (RBV) in explaining it. This view presents the point that links value creation to human capital given that this latter concept is one of the most resources of the firm. Next, we present the main definition of human capital. To do so, we make use of concepts from psychology, economy and strategic human resource management. Then, we shed light on the existing relationship between the two concepts of our research. Finally, we present the methodology of this research as well as the results. The required data to calculate value creation is obtained mainly from the annual reports of Moroccan hotels. Whereas, human capital is assessed by a questionnaire using the scale of Subramaniam and Youndt (2005). Data is examined using linear regression by PASW statistics software. The results of this study give a more concrete picture on the creation of value in this context and refute any link between these two concepts.
    Date: 2018–05
  7. By: Deming, David (Harvard University); Kahn, Lisa B. (Yale University)
    Abstract: We study variation in skill demands for professionals across firms and labor markets. We categorize a wide range of keywords found in job ads into ten general skills. There is substantial variation in these skill requirements, even within narrowly defined occupations. Focusing particularly on cognitive and social skills, we find positive correlations between each skill and external measures of pay and firm performance. We also find evidence of a cognitive social-skill complementarity for both outcomes. As a whole, the job skills have explanatory power in pay and firm performance regressions, beyond what is available in widely-used labor market data
    JEL: F01 F16
    Date: 2017–04
  8. By: Albrecht, James (Department of Economics, Georgetown University); Bronson, Mary Ann (Department of Economics, Georgetown University); Skogman Thoursie, Peter (Department of Economics, Stockholm University); Vroman, Susan (Department of Economics, Georgetown University)
    Abstract: In this paper, we use matched worker-firm register data from Sweden to examine the career dynamics of high-skill women and men. Specifically, we track wages for up to 20 years among women and men born in the years 1960 - 70 who completed a university degree in business or economics. These women and men have similar wages and earnings at the start of their careers, but their career paths diverge substantially as they age. These men and women also have substantial differences in wage paths associated with becoming a parent. We look at whether firm effects account for the differences we observe between women's and men's wage profiles. We document differences between the firms where men work and those where women work. However, a wage decomposition suggests that these differences in firm characteristics play only a small role in explaining the gender log wage gap among these workers. We then examine whether gender differences in firm-to-firm mobility help explain the patterns in wages that we see. Men and women both exhibit greater mobility early in their careers, but there is little gender difference in this firm-to-firm mobility. We find that the main driver of the gender difference in log wage profiles are that men experience higher wage gains than women do both as "switchers" and as "stayers".
    Keywords: Wages; Earnings; Gender gaps; Firms
    JEL: J16 J31
    Date: 2018–05–22
  9. By: Martinez-Noya, Andrea (Faculty of Economics and Business, University of Oviedo); Narula, Rajneesh (Henley Business School, University of Reading)
    Abstract: R&D cooperation has become a core aspect of the innovation strategy of R&D-performing organisations over the last three decades. Globalisation has increased the imperative to organise these cross-border, inter-firm agreements efficiently, and this has led to a cross-fertilisation of ideas from a variety of fields, including international business, management, geography and, more recently, psychology. The aim of this paper is to review and synthesise this literature to identify new directions for research. The breadth of the academic discussion has evolved towards a general consensus on governance choice decisions, motives for collaboration, partner selection decisions and performance implications. Despite having achieved some degree of clarity on these issues, the growing complexity and international nature of these alliances requires a multidisciplinary approach, both in relation to the theories to apply, as well as in the type of data needed.
    Keywords: R&D alliances, technological cooperation, strategic technology partnering, literature review, research agenda
    JEL: O32 L24
    Date: 2018–05–09
  10. By: Gerybadze, Alexander; Wiesenauer, Simone
    Abstract: There is a current research gap in the marketing and management literature regarding the setup of sales and distribution structures as well as the rollout in foreign target markets in order to establish countrywide presences. Due to this gap, we developed the International Sales Accelerator Model. The data collection and verification of the model took place during a thirdparty funds project with Baden-Württemberg's business development agency, and environmental agency. The results reveal that the model represents a summary of best practices from different internationalization processes of very large companies. It is a seven-stage project management tool with the objective to improve the sales performance of companies entering foreign target markets.
    Keywords: International Market Selection,Sales and Distribution Development in Foreign Markets,Environmental Technology Industry
    Date: 2018

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