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on Economics of Strategic Management |
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Issue of 2021‒01‒04
eleven papers chosen by João José de Matos Ferreira Universidade da Beira Interior |
| By: | , AISDL |
| Abstract: | This paper examines the impact of innovation on the performance of manufacturing enterprises in Vietnam. Innovation is measured by product innovation (3 observed variables), technology innovation (8 observed variables), and organization innovation (6 observed variables) while firm performance is measured by revenue and profit. The OLS regression model was used with data collected from 806 enterprises in four industrial sectors. The results show that innovation has a positive effect on firm performance. From the results, some implications are proposed to improve the performance of manufacturing enterprises in Vietnam. |
| Date: | 2020–10–19 |
| URL: | http://d.repec.org/n?u=RePEc:osf:osfxxx:byjhc&r=all |
| By: | Gordon Myers; Kiril Nejkov |
| Keywords: | Information and Communication Technologies - ICT Policy and Strategies Private Sector Development - Business Ethics, Leadership and Values Private Sector Development - Emerging Markets Science and Technology Development - Technology Innovation |
| Date: | 2020–03 |
| URL: | http://d.repec.org/n?u=RePEc:wbk:wboper:33613&r=all |
| By: | Scandura, Alessandra; Iammarino, Simona (University of Turin) |
| Abstract: | This work explores the role of university department characteristics on academic engagement with industry. In particular, we investigate the role played by research quality and previous experience across different scientific disciplines. We test our hypotheses on a dataset of publicly funded university-industry partnerships in the UK, combined with data from the UK Research Assessment Exercises 2001 and 2008. Our data reveal a negative link between academic quality and the level of engagement with industry for departments in the basic sciences, and a positive relationship for departments in the applied sciences. Our results further show that the role of research quality for academic engagement tightly depends on the level of department previous experience in university-industry partnerships, notably in the basic sciences, where experience acts as a moderating factor. The findings of this work are highly relevant for policy makers and university managers, and contribute to the innovation literature focused on the investigation of the determinants of valuable knowledge transfer practices in academia. |
| Date: | 2020–10 |
| URL: | http://d.repec.org/n?u=RePEc:uto:dipeco:202020&r=all |
| By: | Richard G. Lipsey (Simon Fraser University); Kenneth I. Carlaw (UBC Okanagan) |
| Abstract: | This paper reviews some of the myriad, often complex, ways in which the private and public sectors interact in the invention and innovation of the new technologies that are a major driver of economic growth. Several terms have been used to describe the public sector’s activities in these matters: technology enhancement policy, innovation policy, industrial policy, and national systems of innovation. We use the term Industrial Policies to cover all the public sector’s activities that, either directly or indirectly, encourage technological advance. We first outline some important concepts and definitions: two views of the place of the public sector in technological advance; the definition of technology and the facilitating structure; the main public sector organisations that encourage technological advance; the four evolutionary trajectories of a new technology: invention, efficiency, applications and diffusion; the growing importance of science in technological advance; and an overview of a successful industrial policy. In Section II we study 13 important technologies developed over the last century and a half, showing the extent that the public sector has provided finance for the various trajectories of these technologies. In Section III we consider nine public policies designed to encourage technological advance in general. Then in section IV, we discuss over 20 cases in which the government has attempted to pick and encourage specific winners, some of which were successes while others were failures. After each of our case studies in our three main sections, we offer at least one tentative lesson concerning the conditions that favour success and/or that tend to lead to failure. Section V offers a few concluding remarks ending with the statement that “The cases considered here reveal that those who would dismiss industrial policy with statements such as ‘Governments cannot pick winners’ are relying on an empty slogan to avoid detailed consideration of the actual complicated, multifaceted relationship between the private and public sectors in encouraging the inventions and innovations that are the root of economic growth. |
| Keywords: | policy, technology enhancement, innovation, industrial policy |
| Date: | 2020–09 |
| URL: | http://d.repec.org/n?u=RePEc:sfu:sfudps:dp20-11&r=all |
| By: | Hayter, Christopher (Arizona State University); Link, Albert (University of North Carolina at Greensboro, Department of Economics) |
| Abstract: | This paper explores the use of publications and patents and their covariates among small, knowledge-based firms pursuing technology commercialization. It does so through an empirical examination of 1180 small firms’ R&D projects, all of which were funded through Phase II U.S. Small Business Innovation Research (SBIR) awards. As such, the paper responds to recent calls to investigate not only how small, knowledge-based firms utilize specific IP strategies, but also how accretive logic specifically differs from competitive publishing and patenting logic. |
| Keywords: | Patents; Publications; Intellectual property; R&D; Strategy; |
| JEL: | L21 L26 O32 O34 |
| Date: | 2020–12–14 |
| URL: | http://d.repec.org/n?u=RePEc:ris:uncgec:2020_011&r=all |
| By: | Nicolas EBER (LaRGE Research Center, Université de Strasbourg); Abel FRANCOIS (LEM, Université de Lille); Laurent WEILL (LaRGE Research Center, Université de Strasbourg) |
| Abstract: | A large body of literature has shown the existence of a gender gap in competitiveness and a handful of experimental works investigating the impact of age on this gap lead to inconclusive results. We propose an empirical investigation on that, which is based on survey data and complementary to experimentation. Using individual data from very large survey (European Value Study on 48 countries from 1990 to 2008), we examine how age influences the gender gap in attitude toward competition. After confirming the existence of a strongly significant gender gap, we find evidence of a gendered effect of age on attitude toward competition. Attitude toward competition has a U-shaped relation with age for men with a least-negative view around 53 years but becomes more and more positive over age for women. We therefore observe a U-shaped pattern of the gender gap with age with a minimum around 60 years. Finally, we show that the gender gap and its evolution with age are sensitive to both individual and national gender stereotypes, suggesting influences of cultural factors. |
| Keywords: | gender; competitiveness; attitude toward competition; age; gender gap. |
| JEL: | J16 |
| Date: | 2020 |
| URL: | http://d.repec.org/n?u=RePEc:lar:wpaper:2020-07&r=all |
| By: | Elisabetta Raguseo (Polito - Politecnico di Torino [Torino]); Claudio Vitari (AMU - Aix Marseille Université); Federico Pigni (GEM - Grenoble Ecole de Management) |
| Abstract: | Big data has gained momentum as an Information Technology that is capable of supporting organizational efforts to generate new and better business value. We here contribute to the emerging literature on big data analytic (BDA) solutions by investigating the moderating roles of firm size and industry concentration in the relationship between BDA solutions and firm profitability. Using a unique panel data set that covers 13 years, from 2004 to 2016, which contains information about 176 firms, we provide robust econometric empirical evidence of the negative moderating effects of industry concentration and the positive moderating effects of firm size on the relationship between the use of BDA solutions and firm profitability. Our findings provide strong empirical evidence on the business value of BDA as well as the essential role played by contextual conditions that managers should consider. |
| Keywords: | IT business value,big data analytics,firm profitability,econometric analysis,industry concentration,firm size |
| Date: | 2020–11 |
| URL: | http://d.repec.org/n?u=RePEc:hal:gemptp:hal-03032504&r=all |
| By: | Colin Davis; Ken-ichi Hashimoto; Ken Tabata |
| Abstract: | This paper considers how increasing longevity and declining birth rates affect market entry and endogenous productivity growth in a two-country model of trade. In each country, the demographic transition to an older population induces a contraction in the labor force through a decline in the working-age population. Firm-level investment in process innovation generates productivity growth, and with imperfect knowledge diffusion the country with the larger labor force has a greater share of firms with higher productivity levels. In this framework, population aging reduces a country’s labor supply, share of industry, and relative productivity. If the country with the smaller labor force experiences population aging, knowledge spillovers improve and the rate of productivity growth rises, as the level of market entry falls. Alternatively, population aging in the country with the larger labor force weakens knowledge spillovers and lowers the rate of productivity growth, but has an ambiguous affect on market entry. We show that the effects of population aging may be reversed by extending retirement age, and consider the welfare implications for demographic transition and retirement age extension arising in our framework through a quantitative analysis based on population data for the United States and Western Europe. |
| Date: | 2020–12 |
| URL: | http://d.repec.org/n?u=RePEc:dpr:wpaper:1113&r=all |
| By: | Akio Kawasaki (Faculty of Economics, Oita University); Tomomichi Mizuno (Graduate School of Economics, Kobe University); Kazuhiro Takauchi (Faculty of Business and Commerce,Kansai University) |
| Abstract: | This study considers the role of the upstream process research and development (R&D) when downstream develops new products. We build a model in which an upstream firm conducts cost-reducing investment and two downstream firms develop new products. We assume that all products are differentiated. We show that downstream product development promotes upstream investment. We also demonstrate that downstream product development is a strategic complement if upstream R&D efficiency is high, while it is a strategic substitute if it is low. This implies that the occurrence of complementary equilibrium does not need asymmetry in the differentiated final-product markets and is in sharp contrast to the previous study. |
| Date: | 2020–12 |
| URL: | http://d.repec.org/n?u=RePEc:koe:wpaper:2022&r=all |
| By: | W. Andersson, Fredrik (Statistics Sweden); Lodefalk, Magnus (Örebro University School of Business) |
| Abstract: | Business angels dominate early-stage investment in firms, but research on their investment effects is scarce and is limited by sample selection. Therefore, we propose an algorithm for identifying business angel investments from total population data. We apply the algorithm to study business angels’ effects on firm performance, using detailed and longitudinal total population data for individuals and firms in Sweden. Employing these data and a quasi-experimental estimator, we find that business angels invest in firms that already perform above par. There is also a positive effect on subsequent growth compared with control firms. Firms with business angel investments perform better in terms of sales growth, employment growth and the likelihood of becoming a high-growth firm. However, contrary to previous research, we cannot find any impact on firm survival. Overall, our results underline the need to address sample selection issues both in identifying business angels and in evaluating their effects on firm performance. |
| Keywords: | business angels; firm performance; sample selection; population data |
| JEL: | C23 G24 G32 L25 |
| Date: | 2020–12–22 |
| URL: | http://d.repec.org/n?u=RePEc:hhs:oruesi:2020_015&r=all |
| By: | Dalton, Patricio (Tilburg University, Center For Economic Research); Rüschenpöhler, Julius (Tilburg University, Center For Economic Research); Uras, Burak (Tilburg University, Center For Economic Research); Zia, Bilal |
| Keywords: | Business Growth; Efficiency Gains; Small-scale Enterprises; Peer Knowledge; Self- Learning; Social Learning |
| Date: | 2020 |
| URL: | http://d.repec.org/n?u=RePEc:tiu:tiucen:5c5fc2c6-7cfe-4fa9-b1d1-45512554a07c&r=all |