nep-cse New Economics Papers
on Economics of Strategic Management
Issue of 2019‒12‒23
nine papers chosen by
João José de Matos Ferreira
Universidade da Beira Interior

  1. Top management team nationality diversity, corporate entrepreneurship, and innovation in multinational firms By C Boone; B Lokshin; H Guenter; Rene Belderbos
  2. Evaluation of the efficiency of industrial management in high-technology industries By Aleksandr M. Batkovskiy; Natalya S. Efimova; Vyacheslav D. Kalachanov; Elena G. Semenova; Alena V. Fomina; Victor M. Balashov
  4. The Impacts of Patent and R&D Expenditures on the High-Tech Exports of Newly Industrialised Countries: A Panel Cointegration Analysis By Robert Ackrill; Rahmi Cetin
  5. Competition policy and Industrial property: relationship through panel data approach 2007 – 2015 By Herrera Saavedra, Juan Pablo; Lozano Maturana, Ginette; Campo Robledo, Jacobo; Parra Ochoa, Catalina
  6. An examination of the mediating role of employees' job satisfaction on the relations between the work motivation, leadership style, competence and employees' performance By Mansyur, Lusman; Kamase, Jeni; Mallongi, Syahrir; Chalid, Lukman; Jamali, Hisnol
  7. The Influence of Corporate Governance and Corporate Social Responsibility on Financial Performancewith Efficiency as Mediating Variable By Jamali, Hisnol; T, Sutrisno; Subekti,; Assih, Prihat
  8. An Empirical Analysis of Sources and Uses of Corporate Saving (Japanese) By FUKAO Kyoji; IKEUCHI Kenta; KIM Young Gak; KWON Hyeog Ug

  1. By: C Boone; B Lokshin; H Guenter; Rene Belderbos
    Abstract: We integrate insights from upper echelon theory and the literature on innovation and multinational corporations (MNCs) to develop a framework explaining when and why nationality diversity in top management teams (TMTs) affects corporate entrepreneurship—as evidenced by diversity in global knowledge sourcing—and through this innovation performance in MNCs. In a panel of 165 manufacturing MNCs based in 20 countries, we confirm that the positive effects of TMT nationality diversity on corporate entrepreneurship and innovation are only unleashed in TMTs with low social stratification and in MNCs located in home countries that are low in national power distance. Our study contributes to opening up the black box of the upper echelon’s strategic role in spurring entrepreneurship and innovation in MNCs embedded in different cultures.
    Date: 2018–10–23
  2. By: Aleksandr M. Batkovskiy (Central Research Institute of Economy Management and Information Systems "Electronics"); Natalya S. Efimova (Moscow Aviation Institute); Vyacheslav D. Kalachanov (Moscow Aviation Institute); Elena G. Semenova (SUAI - Saint-Petersburg State University of Aerospace Instrumentation); Alena V. Fomina (Central Research Institute of Economy Management and Information Systems "Electronics"); Victor M. Balashov (Scientific and Production Enterprise "Radar MMS")
    Abstract: The realization of structural changes in high-technology industries requires an evaluation of the effectiveness of taken decisions. For this purpose, the paper considers the technical and economic feasibility of developing a system of indicators in industrial management, which will allow increasing the competitiveness of products. A set of indicators was developed, based on the formalization of the main characteristics and interrelation of the organizational structure, and an integral estimation of the organizational potential of high-technology enterprises was proposed. The application of such a technique in practice will give a preliminary conclusion about the nature of structural transformations. In developing the methodology, a criterion is proposed for estimating the competitiveness of a high-technology enterprise, which is based on the ratio of its potentials to actual risks. Structurally functional identification of the potentials of the processes of functional systems made it possible to reveal the features of the application of analytical models for determining the accumulated potentials in the production system. This gives the possibility for segmentation of the enterprise's competitiveness and determination of areas with different efficiency of resource consumption.
    Keywords: industrial enterprises,high-technology products,produc-tion processes,competitiveness,high-technology industries
    Date: 2018–12–30
  3. By: Batista, Alexandre Ricardo de Aragão
    Abstract: The present study tries to answer if labor or capital is more intense in the productive attainment of the Services Sector. The objective is to use panel data econometric techniques, whose mathematical model is based on the Cobb-Douglas production function, to find the coefficients that weight the inputs highlighted above. Data are obtained through the Annual Service Survey 2007-2014. We try to contribute that businessmen, public policy makers, researchers, among others, can make strategic decisions and / or go deeper into the subject matter. The result provided statistical significance of 1% for Capital, whose coefficient was approximately 0.45. For Labor, there was also significance in 1% and its coefficient was around 0.41. These values emphasize equilibrium to obtain product when used as inputs. In addition, the sum of the coefficients is less than 1 which means that there are decreasing returns to scale.
    Keywords: Service Sector, Production, Data Panel Models
    JEL: C23 D24 L8
    Date: 2019–12–13
  4. By: Robert Ackrill; Rahmi Cetin
    Abstract: In this paper, we have sought to complement the extensive literature analysing firm level data on the links between innovation and exports, with an exploration of whether these variables are related at the country-level, for a group of eight NICs. We have been particularly interested with innovation in and export of high-tech products. At the outset, we identified seven hypotheses for testing. Our findings are that, for our panel of eight NICs over the period 1996-2014, patents and R&D expenditures both exert a significant positive effect on these countries’ exports of high-tech goods.
    Date: 2019–12
  5. By: Herrera Saavedra, Juan Pablo; Lozano Maturana, Ginette; Campo Robledo, Jacobo; Parra Ochoa, Catalina
    Abstract: In the last century, the relation between competition and innovation has been a subject of particular interest, considering the important role that technological progress plays on economic growth and social welfare. Moreover, for several decades, the interest and discussion in regards to this matter has been the focus of heated debates among economists, jurists; and, most notably, among Competition and Industrial Property Authorities, since competition and innovation are the main axes in any modern approach to industrial policy. This paper examines the relation between competition and innovation, based on the estimation of panel data models for 75 countries between 2007 and 2015. The results show an inverted-U relation between innovation and competition. In other words, increases in competition generates innovation to a certain level (turning point) where the effect of competition on innovation is negative. This is consistent with Aghion et al. (2005) approach. The results are robust to different variables used as a proxy for innovation.
    Keywords: Industrial Property; Competition; Panel Data; GMM; inverted-U
    JEL: C33 L11 L22 M13
    Date: 2019–12
  6. By: Mansyur, Lusman; Kamase, Jeni; Mallongi, Syahrir; Chalid, Lukman; Jamali, Hisnol
    Abstract: The purpose of this study was to analyze the direct influence of work motivation, leadership style and competence on job satisfaction, and the same direct influence on employee performance, analyze the direct effect of job satisfaction on the performance and analyze the influence not directly work motivation, leadership style and competence through job satisfaction on employee performance. This study has performed on the Regional office of Kopertis IX Sulawesi using 125 employees as a sample. The Data from the questionnaires were analyzed using Structural Equation Model using AMOS assistance 18. The study found that work motivation is a negative and significant effect on job satisfaction. Application of motivation in the form of existence, connectivity and growth is still low, but the motivation needed to improve employee satisfaction. Competence is a positive and insignificant effect on employee performance. Employee competence is still not oriented towards the innovation and technology in influencing employee performance improvement. Competence is a positive and insignificant effect through job satisfaction on employee performance. Competence practice adapted to the needs of work at the moment, these conditions have an impact on the low level of job satisfaction perceived by employees so that the cause of employee performance
    Date: 2017–12–11
  7. By: Jamali, Hisnol; T, Sutrisno; Subekti,; Assih, Prihat
    Abstract: The purpose of this research was to investigate and analyze the direct effect of corporate governance and corporate social responsibility on financial performance and their indirect effect through efficiency. This research used quantitative approach with samples of manufacturing firms which were selected using purposive sampling that listed in Indonesia Stock Exchange. There were 297 observations years-firms (2009-2012). The results of this research showed that corporate governance didn’t have effect on financial performance (ROA &Tobins Q), neither direct nor indirect effect through efficiency. In contrast, there was empirical evidence that corporate social responsibility has positive influence on financial performance (ROA), either direct or indirect effect through efficiency. However, corporate social responsibility has negative effect on financial performance (Tobins Q), either direct or indirect effect through efficiency.
    Date: 2017–11–28
  8. By: FUKAO Kyoji; IKEUCHI Kenta; KIM Young Gak; KWON Hyeog Ug
    Abstract: This paper analyzed the sources and uses of corporate savings using micro data of the "Basic Survey of Japanese Business Structure and Activities" from 2003 to 2015. The main results are as follows; 1) Before the global financial crisis, large firms increased their corporate savings, but since 2008 small and medium-sized firms have increased their corporate savings. The main source of the increase in corporate savings is the growth of current net income. 2) Since the financial crisis, large firms have increased dividends rather than increased corporate savings. 3) Regardless of firm size, corporate savings were mainly used to accumulate current assets. 4 ) As for the uses of corporate savings, the wholesale and retail industries led the accumulation of current assets and the settlement of debt, rather than the manufacturing industry.
    Date: 2019–11
  9. By: Natalia N. Karmaeva (National Research University Higher School of Economics); Natalya V. Rodina (National Research University Higher School of Economics)
    Abstract: Vocational schools are involved in partnerships with employers to generate extra resources and in the implementation of high-stake accountability reforms in Russia. We examine school capacity in the top-down implementation of performance-related pay (PRP) in Russia. We consider two cases of collaboration between schools and local employers that are either highly or loosely integrated with different companies. We elaborate the understanding of the resource and productivity dimensions of school capacity embedded within the broader context of schools’ formal and informal ties. The findings indicate tensions that emerge in the implementation of a system of rewards with regard to the within schools’ trust and the trust developed with their partners and funders, educational goals, work arrangements, and the distribution of school finances generated in partnerships. These issues can be negotiated with local industrial partners at multiple levels.
    Keywords: school capacity, partnerships with employers, performance-related pay, Russia.
    JEL: I22
    Date: 2019

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