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on Economics of Strategic Management |
| By: | F. Fusillo; F. Quatraro; S. Usai |
| Abstract: | The literature on the determinants of green technologies (GTs) has already identified regulation as a key driver of environmental innovations. However, relatively little is known on how the regulatory framework affect the knowledge generation process. This paper contributes this literature by investigating the impact of collaboration networks and environmental regulation, and of their interaction, on the generation of green technologies. The empirical analysis is carried out on a newly constructed dataset of European firms over the period 2005-2012 and it is articulated in two steps. Firstly, we test the existence of a relationship between the environmental regulation, as measured by the OECD Environmental Policy Stringency index, and GTs, proxied by patent applications. We then employ a dynamic network analysis model to explore the dual role of GTs both as determinant of the collaboration network and as outcome of firm collaboration strategies. We find that, even though there exists a strong and positive relationship, the regulatory framework has not a direct effect on GTs but rather it stimulates firms to search for new qualified collaboration. Then, it is the nature and the structure of these collaborations that encourages firms to generate new green technological knowledge. |
| Keywords: | proximity;innovation networks;Green technologies;firms' strategies;environmental regulation;Dynamic Network Analysis |
| Date: | 2019 |
| URL: | http://d.repec.org/n?u=RePEc:cns:cnscwp:201907&r=all |
| By: | Crescenzi, Riccardo; Gagliardi, Luisa |
| Abstract: | This paper investigates the link between firm-level innovative performance and innovation prone external environments where knowledgeable individuals tend to cluster. Organizational ambidexterity and absorptive capacities (potential and realized) make it possible for firms to leverage the availability of external knowledge and boost their innovation performance. The empirical analysis focuses on England and is based on a novel combination of Community Innovation Survey (CIS) firm-level data and patent data. The results show that only firms complementing potential and realized absorptive capacities are able to take advantage of favorable external environments by actively combining internal and external sources of knowledge. |
| Keywords: | Innovation; Geography of innovation; Absorptive capacities; Exploration and exploitation |
| JEL: | J1 |
| Date: | 2018–05–01 |
| URL: | http://d.repec.org/n?u=RePEc:ehl:lserod:87144&r=all |
| By: | Maracha, Vyacheslav (Марача, Вячеслав) (The Russian Presidential Academy of National Economy and Public Administration) |
| Abstract: | Based on the formation of innovative clusters and ecosystems in Russia, the network organization and system principles for transforming the relationship between the state and innovative business are considered. The focus focuses on the formation of innovation clusters and ecosystems as collaborative communities, the transition to a “cluster management organization” as a new advanced form of organization of the innovation process, as well as government policy to support such a transition along with government and business relations in this context. |
| Date: | 2019–05 |
| URL: | http://d.repec.org/n?u=RePEc:rnp:wpaper:051908&r=all |
| By: | Amendolagine, Vito (Università di Pavia); Chaminade, Cristina (Lund University); Guimón, José (Autonomous University of Madrid); Rabellotti, Roberta (Università di Pavia) |
| Abstract: | R&D related foreign direct investments represent a powerful mechanism for cross-border knowledge sharing that can stimulate the process of technological catch-up. However, low-income countries and smaller middle-income countries remain largely excluded from this kind of global flows of knowledge. In this chapter, we discuss the motivations and implications of this type of FDI for low and middle income countries, building on a critical review of the existing literature and analyse the trajectory of R&D FDI during the period 2003-2017 by region and industry. The data is used as a point of departure to discuss potential policies specially tailored for low and middle income countries and their capacity to attract and anchor R&D related FDI for technological catch up. The paper finalizes outlining a future research agenda. |
| Keywords: | Foreign Direct Investment; Technology driven FDI; International technology transfer; South-South FDI; Developing countries; Less developed countries; Emerging Economies; Innovation policy |
| JEL: | O19 O24 O32 O57 |
| Date: | 2019–06–07 |
| URL: | http://d.repec.org/n?u=RePEc:hhs:lucirc:2019_009&r=all |
| By: | Simplice A. Asongu (Yaoundé/Cameroon); Voxi H. S. Amavilah (REEPS, Arizona, USA); Antonio R. Andres (Ostrava, Czech Republic) |
| Abstract: | This paper develops a framework (a) to examine whether or not the African business environment hinders or promotes the knowledge economy (KE), (b) to determine how the KE affects economic performance, and (c) how economic performance relates to the inequality-adjusted human socioeconomic development (IHDI) of 53 African countries during the 1996-2010 time period. We estimate the linkages with three related equations. The results support a strong correlation between the dynamics of starting and doing business and variations in KE. The results also show that there exists a weak link between KE and economic performance. Nonetheless, KE-influenced performance plays a more important role in socioeconomic development than some of the conventional control variables like foreign direct investment (FDI), foreign aid, and even private investment. |
| Keywords: | Business Dynamics; Knowledge Economy; Economic Performance |
| JEL: | L59 O10 O30 O20 O55 |
| Date: | 2019–01 |
| URL: | http://d.repec.org/n?u=RePEc:abh:wpaper:19/004&r=all |
| By: | Giuseppe Arcuri; Nadine Levratto; Aziza Garsaa; Lara Abdel Fattah |
| Abstract: | This paper investigates the role of regional context with regard to human capital and knowledge spillover effects in SMEs’ financial soundness. Our empirical setting is based on the multilevel analysis for panel data, which better allows for the treatment of hierarchical data. It is applied to firms belonging to the industrial sector and operating in four European countries over the 2010–2015 period. We find that a combination of individual- and regional-level characteristics explain firm soundness more accurately than individual features alone. Furthermore, we find that a higher local educational level and knowledge spillover improve the firm soundness. |
| Keywords: | Entreprise et territoire, capital humain, robustesse financière de l'entreprise, modèle multiniveau |
| JEL: | I25 L26 R11 C33 |
| Date: | 2019 |
| URL: | http://d.repec.org/n?u=RePEc:drm:wpaper:2019-10&r=all |
| By: | Crescenzi, Riccardo; Filippetti, Andrea; Iammarino, Simona |
| Abstract: | This paper addresses a number of fundamental research questions on university-industry (U-I) collaborations. Are U-I collaborations intrinsically different from other forms of collaboration, such as inter-firm or inter-university collaborations? Are they more difficult to form? Is their output qualitatively different? What factors facilitate their development? By looking at the collaborative behavior of all Italian inventors over the 1978-2007 period, the empirical analysis shows that U-I collaborations are less likely to happen when compared to other types of collaboration, and suggests that they tend to generate patents of more general applicability in subsequent inventions. As emphasized by the literature, geographical proximity plays an important role in facilitating all forms of collaboration. At the same time, it works as a possible substitute for institutional proximity, facilitating U-I collaborations. However, the involvement of ‘star inventors’ on both sides of the collaboration can play an equally important role in ‘bridging’ universities and industry. |
| Keywords: | university-industry collaboration; institutional and geographical proximity; innovation; regions.; Intra-European Fellowship |
| JEL: | O31 O32 O33 R10 |
| Date: | 2017–08–01 |
| URL: | http://d.repec.org/n?u=RePEc:ehl:lserod:67961&r=all |
| By: | Bhaumik, Sumon Kumar; Estrin, Saul; Mickiewicz, Tomasz |
| Abstract: | We consider whether the impact of entrepreneurial orientation on business performance is moderated by the company affiliation with business groups. Within business groups, we explore the trade-off between inter-firm insurance that enables risk-taking, and inefficient resource allocation. Risk-taking in group affiliated firms leads to higher performance, compared to independent firms, but the impact of proactivity is attenuated. Utilizing Indian data, we show that risk-taking may undermine rather than improve business performance, but this effect is not present in business groups. Proactivity enhances performance, but less so in business groups. Firms can also enhance performance by technological knowledge acquisition, but these effects are not significantly different for various ownership categories |
| Keywords: | emerging economies; business groups; entrepreneurial orientation; India |
| JEL: | J50 G32 |
| Date: | 2017–06–01 |
| URL: | http://d.repec.org/n?u=RePEc:ehl:lserod:66992&r=all |
| By: | Stöver, Britta |
| Abstract: | Universities are important economic actors in having a considerable impact on the demand and supply side of their local economy. The aim of this paper is to quantify, compare and classify the different economic demand- and supply-side contributions of the university locations within Lower-Saxony using a combination of multiplier analysis and spatial econometrics on a NUTS-3 level. In comparison to numerous other studies this paper does not focus on the economic impact of single cases or a selected university location but gives a complete picture of the importance and significance of all university locations within Lower-Saxony. The income induced direct and indirect demand effects are estimated with a rich data set from higher education statistics in combination with an income and employment multiplier derived from a regional input-output table while the supply-side effects, i.e. the impact of the education and research outcomes, are calculated by estimating with spatial panel regressions a model derived from human capital theory and knowledge spillover theory. The estimation results give a complete and reproducible impression of the importance and significance of the different university locations offering the opportunity for comparisons and classifications. |
| Keywords: | Demand and supply-side effects; multiplier analysis; spatial panel model; university location |
| JEL: | I23 R11 R12 R15 |
| Date: | 2019–06 |
| URL: | http://d.repec.org/n?u=RePEc:han:dpaper:dp-654&r=all |
| By: | Giovanni Dosi; Mariacristina Piva; Maria Enrica Virgillito; Marco Vivarelli |
| Abstract: | This paper addresses, both theoretically and empirically, the sectoral patterns of job creation and job destruction in order to distinguish the alternative effects of embodied vs disembodied technological change operating into a vertically connected economy. Disembodied technological change turns out to positively affect employment dynamics in the üupstreamùù sectors, while expansionary investment does so in the üdownstreamùù industries. Conversely, the replacement of obsolete capital vintages tends to exert a negative impact on labour demand, although this effect turns out to be statistically less robust. |
| Keywords: | Innovation; disembodied and capital-embodied technological change; employment; job- creation; job-destruction; sectoral interdependencies. |
| Date: | 2019–05–29 |
| URL: | http://d.repec.org/n?u=RePEc:ssa:lemwps:2019/14&r=all |