|
on Economics of Strategic Management |
|
Issue of 2018‒11‒19
eight papers chosen by João José de Matos Ferreira Universidade da Beira Interior |
| By: | Ekaterina Turkina; Ari Van Assche |
| Abstract: | In today’s knowledge economy, clusters are a key driver of a country’s competitiveness. Yet a cluster’s technological base is now more than ever influenced by constituent firms’ actions to tap into distant knowledge sources. Drawing on a social network perspective, and distinguishing between horizontal versus vertical organization-based linkages, we explore the effects of a cluster’s connectedness to foreign locations on its innovation performance. We show that improvements in horizontal and vertical connectedness both stimulate a cluster’s innovation performance, but that their relative effects vary across cluster types. Innovation in knowledge-intensive clusters disproportionately benefits from enhancements in their constituent firms’ horizontal connectedness to foreign knowledge hotspots. Innovation in labor-intensive clusters mostly gains from stronger vertical connections by their firms to central value chain players abroad. We discuss the implications of our findings for research on global knowledge sourcing and cluster upgrading. |
| Keywords: | Cluster,Knowledge Sourcing,Connectedness,Network Analysis,Patent, |
| Date: | 2018–04–23 |
| URL: | http://d.repec.org/n?u=RePEc:cir:cirwor:2018s-12&r=cse |
| By: | Bettina Peters; Mark J. Roberts; Van Anh Vuong |
| Abstract: | In this article we study differences in the returns to R&D investment between firms that sell in international markets and firms that only sell in the domestic market. We use German firm-level data from the high-tech manufacturing sector to estimate a dynamic structural model of a firm's decision to invest in R&D and use it to measure the difference in expected long-run benefit from R&D investment for exporting and domestic firms. The results show that R&D investment leads to a higher rate of product and process innovation among exporting firms and these innovations have a larger impact on productivity improvement in export market sales. As a result, exporting firms have a higher payoff from R&D investment, invest in R&D more frequently than firms that only sell in the domestic market, and, subsequently, have higher rates of productivity growth. The endogenous investment in R&D is an important mechanism that leads to a divergence in the long-run performance of firms that differ in their export market exposure. Simulating the introduction of trade tariffs we find a substantial reduction in firms' productivity growth and incentive to invest in R&D. |
| JEL: | F14 L25 O3 |
| Date: | 2018–11 |
| URL: | http://d.repec.org/n?u=RePEc:nbr:nberwo:25228&r=cse |
| By: | Santos, Eleonora; Khan, Shahed |
| Abstract: | Since the mid-twentieth century, the Portuguese economy converged vis-à-vis with the EU average, due to backwardness advantages. At the same time, the dynamic effects of Foreign Direct Investment allowed for a structural shift in exports towards technology-intensive activities. However, in the new millennium, several factors, largely triggered by the global financial crisis, led to a drop in industrial output along with a reduction in FDI attraction. This paper assesses the efficacy of the Investment Promoting policies to stimulate innovation and promote the absorptive capacity at national level, by analysing the relationship between FDI inward flows and a set of innovation and absorptive capacity indicators. Results show that the gap between Portugal and the EU-28 average is far from being closed. Rather than being an automatic process triggered by foreign presence, we suggest that the convergence based on the productivity, can be assisted by a reinforcement of supply-side measures, and the coordination between the industrial policy and the instruments of the Investment Promotion Policy, in strategic industries. |
| Keywords: | Industrial Policy,Productivity,Investment Promotion Policies,Innovation,Convergence,Technological Gap |
| JEL: | F15 F23 O11 O33 O40 |
| Date: | 2018 |
| URL: | http://d.repec.org/n?u=RePEc:zbw:esprep:183508&r=cse |
| By: | Garcia-Alvarez-Coque, J.-M.; Gharsi, O.; Martinez-Gomez, V.; Roig-Tierno, N. |
| Abstract: | Determinant factors of high performing agricultural regions. One indicator of agricultural performance is the agricultural labour productivity, as measured by the gross value added per annual working unit. Econometric approaches have been used to evaluate factors contributing to such productivity. However, these estimates require detailed data that often are not available at the regional level. We propose an alternative approach to disentangle the contribution of different drivers that lead to high productivity in EU regions, defined at NUTS 2 level. The fuzzy set Qualitative Comparative Analysis (fsQCA) provides a framework to identify combinations of attributes present in the most productive EU regions, by revealing pathways or sets of sufficient drivers present in such cases. We selected drivers based on previous research, and our findings show that there is not a unique pathway to reach high agricultural productivity. However, some drivers as strong farm structure and relevant public support appear in most of the pathways. Other dimensions related to research, development and innovation, and to natural conditions, seem also relevant. Acknowledgement : Dr. Garcia-Alvarez-Coque and Dr. Mart nez-G mez acknowledge support of the Project AGL2015-65897-C3-3-R funded by the Ministry of Economy and Competitiveness, for this research. Ms. Olfa Gharsi benefited from a scholarship from the Mediterranean Agronomic Institute of Zaragoza. |
| Keywords: | Productivity Analysis |
| Date: | 2018–07 |
| URL: | http://d.repec.org/n?u=RePEc:ags:iaae18:277456&r=cse |
| By: | Santos, Eleonora; Khan, Shahed |
| Abstract: | The dynamic effects of Foreign Direct Investment in Portugal allowed for a structural shift in exports towards technology-intensive activities. However, since 2000, several factors, largely triggered by the global financial crisis, led to a drop in industrial output along with a reduction in FDI attraction. This paper assesses the efficacy of the Investment Promoting policies to stimulate innovation and promote the absorptive capacity at national level, by analysing the relationship between FDI inward flows and a set of innovation and absorptive capacity indicators. Results show that the gap between Portugal and the EU-28 average is far from being closed. Rather than being an automatic process triggered by foreign presence, we suggest that the convergence based on the productivity, can be assisted by a reinforcement of supply-side measures, and the coordination between the industrial policy and the instruments of the Investment Promotion Policy, in strategic industries. |
| Keywords: | Industrial Policy, Productivity, Investment Promotion Policies, Innovation, Convergence, Technological Gap |
| JEL: | F15 F23 O11 O33 O40 |
| Date: | 2018–10 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:89738&r=cse |
| By: | Mária Jano?ková (Technical university of Ko?ice); Katarína ?ulková (Technical university of Ko?ice); Adriana Csikósová (Technical university of Ko?ice) |
| Abstract: | SMEs have irreplaceable task not only in macro-economic ? in area of working posts creation, contribution to the flexibility of market mechanism or its contribution to the value added creation, but they are profitable also at the micro-economic level. The goal of the contribution is to search position and development of such enterprises in the frame of chosen European countries and how they contribute to economic growth and competitive environment. During the analysis we considered SME Policy Index. Overall position and development had been analyzed by chosen indexes, mainly index of economic freedom, global competition index, doing business index and corruption perception index. The results speak about increasing trend of SMEs in EU, creating employment possibilities, with limitation of barriers to make business in individual countries. |
| Keywords: | Business environment, Europe, Global markets, Post-communist countries, Small and medium enterprises. |
| JEL: | L26 M29 |
| Date: | 2018–10 |
| URL: | http://d.repec.org/n?u=RePEc:sek:ibmpro:6809905&r=cse |
| By: | Laure Pasquier-Doumer (LEDa - DIAL - Laboratoire d'Economie de Dauphine - Economie de la mondialisation et du développement - Université Paris-Dauphine, IRD - Institut de Recherche pour le Développement); Xavier Oudin (LEDa - Laboratoire d'Economie de Dauphine - Université Paris-Dauphine, DIAL - Développement, institutions et analyses de long terme, IRD - Institut de Recherche pour le Développement); Nguyen Thang (IRD - Institut de Recherche pour le Développement) |
| Abstract: | This book draws on an original and innovative data collection to provide new evidence on household businesses and the informal sector in Vietnam. This 2014/15 HB&IS survey conducted in late 2014 and early 2015 is the first national survey ever on this sector in Vietnam with full coverage of its different components. The purpose of this book is threefold. First, it aims at filling the knowledge gap as to the role of household businesses and the informal sector in the Vietnamese economy. Second, it provides new insights for policymakers to unlock household business potential by identifying the factors blocking their performance and productivity. Thirdly, it identifies the sources of worker vulnerability in household businesses and the informal sector to inform the design of a suitable policy to tackle this vulnerability. |
| Keywords: | inclusive growth,Informal sector,Vietnam |
| Date: | 2017 |
| URL: | http://d.repec.org/n?u=RePEc:hal:journl:hal-01827323&r=cse |
| By: | Losilla, L.; Engler, A.; Otter, V. |
| Abstract: | There is a continuing debate regarding firms internationalization pathways and the approaches used for firm categorization, resulting in controversial identification of the degree of firms globalization. The aim of this paper is to establish a framework to examine the changes in the internationalization strategies of agricultural export companies from emerging economies over time. Thereby seeking to identify conceptual and empirical differences in what is known of export firms acting in non-agricultural sectors in industrialized countries. The matrix of multi-nationality developed by Aggarwal et al. (2011) is extended and tested to classify 233 Chilean fresh fruit exporters according to their internationalization strategies. A longitudinal analysis is conducted over a seven-year period (2009-2015) to explore the dynamics on that internationalization process. Most firms are transregionally (65.12%) and globally oriented (16.06%), mainly following a linear internationalization path in terms of number of markets but acting more as born-global firms in terms of psychic distance. This study provides a more inclusive and nuanced framework than those used in previous studies to classify the level of firms internationalization. It also contributes to existing literature by studying companies from the agricultural sector in Chile longitudinally, as a prime example of emerging economies from Latin America. Acknowledgement : The authors acknowledge the support of the German Academic Exchange Service (DAAD) and the University of Costa Rica on doing this research. |
| Keywords: | International Relations/Trade |
| Date: | 2018–07 |
| URL: | http://d.repec.org/n?u=RePEc:ags:iaae18:277400&r=cse |