nep-cse New Economics Papers
on Economics of Strategic Management
Issue of 2020‒01‒27
seven papers chosen by
João José de Matos Ferreira
Universidade da Beira Interior

  1. Building Knowledge Economies in Africa: An Introduction By Simplice A. Asongu; John Kuada
  2. Effects of multilevel policy mix of public R&D subsidies: Empirical evidence from Japanese local SMEs By Okamuro, Hiroyuki; Nishimura, Junichi
  3. Belvederes of philosophy and knowledge By Fascia, Michael
  4. Relation of Lecturer’s Competency, Motivation and Utilization of Information and Communication Technologies to Job Satisfaction and Performance By M, Mirfan; Gani, H. Mursalim Umar; Serang, Serlin; Arifin, H. Zaenal; Jamali, Hisnol
  5. The Impact of Internal Factor Analysis Summary (IFAS) and Competing Power on Performance in the Life Insurance Industry: The Mediating Role of Competitive Advantage By Dewi, Ratna; Mahmud, Amir; Jamali, Hisnol
  6. Boomerang Multinationals? Strategic Flexibilities or Rigidities? A Perspective on Developed versus Emerging Market Re-entrants By Irina Surdu; Kamel Mellahi; Keith Glaister

  1. By: Simplice A. Asongu (Yaoundé/Cameroon); John Kuada (Aalborg University, Denmark)
    Abstract: Knowledge has emerged as a fundamental driver of economic growth and development by inter alia improving the effectiveness and efficiency of economic projects and boosting the process of finding new avenues of addressing developmental policy syndromes. Recent evidence suggests that Africa is on the threshold of significant and sustainable economic growth if its human and material resources can be effectively mobilised to support the process (Kuada & Mensah, 2017; Asongu & Tchamyou, 2019). Consequently, the World Bank’s Knowledge Economy Framework aims to explore and support the extent to which current policies in African countries affect the knowledge development process (and thereby competitiveness) on the continent. A knowledge economy is an economy in which economic prosperity largely depends on the accessibility, quality and quantity of information available, instead of the means of production (Asongu, 2017a, 2017b). This themed issue of Contemporary Social Science-‘Building Knowledge Economies in Africa’ - consists of papers that focus on, but are not limited to, the four dimensions of the World Bank’s Knowledge Economy Index. These are: information and communication technology, education, economic incentives and institutional regime, and innovation (Tchamyou, 2017). The themed issue engages with high quality contributions which, taken together, address the drivers towards knowledge-based economies. This introduction provides a context for understanding the importance of building knowledge economies in Africa and summarises the main contributions to the themed issue. The paper ends by advising scholars and policy makers regarding the risks associated with a colonial view of knowledge- notably the importance of proposing knowledge-based policies while avoiding hegemonic paradigms and hierarchical constructs. In summary, the issue consists of a set of theoretically informed, empirically robust, policy-relevant and accessible articles for both specialists and non-specialists.
    Keywords: Knowledge economy; Development; Africa
    JEL: O10 O30 O38 O55 O57
    Date: 2020–01
  2. By: Okamuro, Hiroyuki; Nishimura, Junichi
    Abstract: Regional innovation policies have been implemented in several countries. In Japan, the controlled decentralization of traditionally centralized innovation policy is ongoing. Thus, we can observe the multilevel policy mix of public R&D (research and development) subsidies by national, prefecture, and city governments. However, empirical studies on multilevel R&D support, using panel data and considering the municipality level, are scarce. Based on original survey data and on the financial data for manufacturing SMEs (small and medium sized enterprises), we estimate their TFP (total factor productivity) and we empirically investigate the effects of public R&D subsidies by national, prefecture, and city governments. We employ firm-level fixed effect panel estimation to control for the effects of any unobservable time-invariant factors. We find that, with a two year lag, city and prefecture subsidies show positive and significant effects on TFP, which also persisted after the subsidy period. However, multilevel subsidies, especially those involving city subsidies, additionally and persistently increase recipients’ TFP. These results suggest significant advantages for the multilevel policy mix, especially those involving the city subsidy.
    Keywords: R&D subsidy, local authority, multilevel policy mix, SMEs, policy evaluation
    JEL: H71 O38 R58
    Date: 2020–01
  3. By: Fascia, Michael
    Abstract: In this discussion, we consider the unity of knowledge, and deliberate a contrary perspective from current knowledge transfer practitioners, in a business context. We consider why, if knowledge is key for business success and competitive advantage, the transfer of knowledge remains for the most part a problematic event. Further, if the creation of knowledge before transfer is recognised within literature as a significant factor in determining a starting point for analogous scrutiny, then why is this focal point difficult to establish and measure.
    Date: 2018–03–01
  4. By: M, Mirfan; Gani, H. Mursalim Umar; Serang, Serlin; Arifin, H. Zaenal; Jamali, Hisnol
    Abstract: The purpose of this study was to analyze the relation of competency, motivation and utilization of information and communication technologies (ICT) on job satisfaction and lecturer’s performance at five College of informatics management and computer technique in Makassar. This study uses survey data collection Cross section through a questionnaire. As many as 285 lecturers are eligible to be population and determination of a sample of 160 respondents using the formula Slovin. Data from the questionnaires were analyzed using Structural Equation Model (SEM) with AMOS assistance. The results found that the competence, motivation and utilization of ICT positive and significant effect on job satisfaction and lecturer performance. Job satisfaction has a positive and significant effect on the lecturer’s performance. Competence, motivation and ICT have a positive and significant effect on lecturer’s performance through job satisfaction.
    Date: 2018–09–19
  5. By: Dewi, Ratna; Mahmud, Amir; Jamali, Hisnol
    Abstract: This research aim to test and analyze the impact of internal factor analysis summary (IFAS) and competing power on performance in the life insurance industry in Makassar (Indonesia): The mediating role of competitive advantage. This study uses 60 employees of insurance companies at the manager level. Path analysis results provide evidence that the internal factor analysis summary (IFAS) and competitiveness significantly influence the competitive advantage and performance in the life insurance industry. The role of competitive advantage proved able to mediate the effect of internal factor analysis summary (IFAS) in improving the performance in the life insurance industry. The different conditions with competitive advantages that cannot increase the competing power against performance in the life insurance industry
    Date: 2018–09–19
  6. By: Irina Surdu (Henley Business School, University of Reading); Kamel Mellahi (Warwick Business School); Keith Glaister (Leeds University Business School)
    Abstract: Research on EMNEs has come centre stage in international business (IB), with a surge of studies urging scholars to investigate the differences between the international decisions made by developed market multinationals (DMNEs) and emerging market multinationals (EMNEs). Neither has considered that this can be looked at in the context of foreign market re-entry showing that EMNEs have not only commenced to expand internationally but have also exited and subsequently re-entered foreign countries. This study explores the similarities and differences concerning DMNEs’ and EMNEs’ re-entry decisions. We found that EMNE and DMNE re-entrants are more similar than they are different, particularly when re-entering developed host markets. Regarding re-entry into emerging host markets, our findings suggest that, much like DMNE reentrants, EMNEs can learn from the exit experience and alter their strategies to re-enter and overcome their competitive disadvantages that led to an untimely exit. We discuss the implications for IB theory of looking at the foreign market (re)entry decisions of EMNEs from a strategic flexibility and organizational learning perspectives.
    Keywords: Foreign market re-entry, Exit, Emerging market multinationals, Strategic flexibility, Learning, Comparative study
    JEL: M1
    Date: 2018–11
  7. By: , Ridwan; Jamali, Hisnol
    Abstract: This research aims to examine and analyze the effect of human resource management practices (i.e. leadership styles, employee commitment, work motivation, and work climate) on employee job satisfaction and employee performance. This study used primary data obtained through a survey to 221 employees as a sample. The result of Structural Equation Modelling (SEM) analysis shows that empirically the leadership style, employee commitment, work motivation, and work climate have positive and significant impact on job satisfaction. Leadership style, employee commitment, work motivation, and work climate, either directly or indirectly have a positive and significant effect on employee performance through job satisfaction as variable intervening. Job satisfaction has a direct positive and significant effect on employee performance. The direct effect of leadership styles, employee commitment, motivation and work climate on employee performance is positive, which means that when the exogenous variables improved the job satisfaction and employee performance will increase. The indirect effect of exogenous variable on employee performance through job satisfaction is positive. The total effect which is the sum of the direct and indirect effects through job satisfaction obtained positive value, which means there is effect of direct effect and indirect effect of exogenous variable on employee performance through job satisfaction.
    Date: 2018–05–26

This nep-cse issue is ©2020 by João José de Matos Ferreira. It is provided as is without any express or implied warranty. It may be freely redistributed in whole or in part for any purpose. If distributed in part, please include this notice.
General information on the NEP project can be found at For comments please write to the director of NEP, Marco Novarese at <>. Put “NEP” in the subject, otherwise your mail may be rejected.
NEP’s infrastructure is sponsored by the School of Economics and Finance of Massey University in New Zealand.