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on Economics of Strategic Management |
| By: | Vlados, Charis (Democritus University of Thrace, Department of Economics); Chatzinikolaou, Dimos (Democritus University of Thrace, Department of Economics) |
| Abstract: | The study of spatial socio-economic development constitutes a significant field of analysis of innovation creation and diffusion. Understanding the spatial evolution of the different socio-economic systems in the age of globalization requires a synthesizing and integrated theoretical approach to how innovation is generated and replicated. This article aims to study three significant spatial socio-economic development theories –the growth poles, the clusters, and the business ecosystems. A literature review reveals that (a) the concept of growth poles concerns mostly the analysis of spatial polarization between specific territories and regions, (b) the clusters concept addresses the issue of developed inter-industrial competition and co-operation from a meso-level perspective, and (c) the analytical field of business ecosystems provides an evolutionary approach that can be valorized for all co-evolving spatial socio-economic organizations. In this context, an eclectically interventional mechanism to strengthen innovation is suggested. The Institutes of Local Development and Innovation (ILDI) policy is proposed for all firms and business ecosystems, of every size, level of spatial development, prior knowledge, specialization, and competitive ability. The ILDI is presented as an intermediate organization capable of diagnosing and enhancing the firm’s physiology in structural Stra.Tech.Man terms (strategy-technology-management synthesis). |
| Keywords: | Spatial Socio-Economic Development; Business Ecosystems; Clusters; Growth Poles; Institutes of Local Development and Innovation (ILDI); Stra.Tech.Man Physiology |
| JEL: | R11 R58 |
| Date: | 2020–11–27 |
| URL: | http://d.repec.org/n?u=RePEc:ris:duthrp:2020_013&r=all |
| By: | Paul Benneworth (Western Norway University of Applied Sciences); Eskarne Arregui-Pabollet (European Commission - JRC) |
| Abstract: | This technical report presents the findings of the case study carried out in Northern Netherlands on the role of Higher Education Institutions (HEIs) in the design and implementation of the Smart Specialisation Strategy (RIS3). It is one of the case studies undertaken in the project Higher Education for Smart Specialisation (HESS), an initiative of the European Commission's Joint Research Centre (JRC) and the Directorate General for Education, Youth, Sport and Culture. There is a long tradition of higher education in the Northern Netherlands, with the key characteristic of a strong presence of Universities of Applied Sciences and RUG University of Groningen. The regional HEIs are actively involved in strong bilateral collaborations projects and clusters and living labs encouraging collaborations within the regional innovation ecosystems, being part of key innovation ecosystem governance structures. Although regional HEIs have individually been very effective in driving particular projects, there is still not a collective institutional space for HEIs, undermining a strategic agenda for HE in the region. The Northern Netherlands has a strong innovation ecosystem around a number of established sectors where there are robust relationships between HEIs and companies with innovative infrastructure. In the long-standing culture of collaboration of the regional innovation ecosystem, the introduction of the RIS3 has constituted an opportunity to a concerted effort to streamline innovation governance and to integrate activities to stimulate innovation. The key regional economic development issue remains the fact that it is a relatively sparse economic environment, which challenges the regional innovation governance. The Northern Netherlands has the potential to function as a knowledge economy more efficiently at the level of the North through a better integration of the provincial knowledge economies. The connectedness of SMEs into regional innovation networks can be improved building a natural "innovation escalator" by which individual connections with SMEs grow, become networks and evolves into key regional strengths. The region attracts a growing number of talented students, which can help build stronger connections between HEIs and regional innovators to strengthen firms' innovation capacity and help in their retention. Finally, HEIs occupy a strong position in the existing regional innovation ecosystem, as a site for experimentation and reflection, and it is key that they are encouraged to continue that work. The case study has coordinated closely with the ongoing discussions on the new RIS3 for the Multi-annual Financial Framework 2021-2027, contributing with findings that have helped the regional stakeholders in the definition of some of its future elements. |
| Keywords: | Smart specialisation strategies, higher education institutions, universities, territorial development, human capital, skills, innovation and growth, entrepreneurship |
| Date: | 2021–02 |
| URL: | http://d.repec.org/n?u=RePEc:ipt:iptwpa:jrc121432&r=all |
| By: | Vlados, Charis (Democritus University of Thrace, Department of Economics); Chatzinikolaou, Dimos (Democritus University of Thrace, Department of Economics) |
| Abstract: | This article aims to investigate whether the helix theory and the Stra.Tech.Man approach (strategy-technology-management synthesis) have prospects of analytical cross-fertilisation. After presenting the evolution of helix theory of innovation in three different stages and identifying some of its essential points and received criticisms, it analyses the constituents and theoretical implications of the Stra.Tech.Man approach. It finds that some points of the Stra.Tech.Man analysis, such as the 'physiology' of the firm, the 'competitiveness web' approach that places the dynamics of business innovation centrally, and the proposal of a micro-meso level policy of 'local development and innovation institutions' that diagnoses Stra.Tech.Man physiology, constitute enrichment and cross-fertilisation elements of the two theories. Overall, both theories attempt to provide a comprehensive theory of integrated socio-economic development, and their synthesis seems to offer new theoretical implications. |
| Keywords: | helix theory; Stra.Tech.Man approach; innovation creation; business physiology; socio-economic development; competitiveness web; Local Development and Innovation Institutes; LIDI |
| JEL: | R11 R58 |
| Date: | 2020–08–24 |
| URL: | http://d.repec.org/n?u=RePEc:ris:duthrp:2020_012&r=all |
| By: | Hugo Pinto; Carla Nogueira; John Edwards (European Commission - JRC) |
| Abstract: | Universities and other higher education institutions (HEIs) are expected to play a catalytic role in S3. They are increasingly being asked to fulfil many new and wide-ranging tasks, probably with an overly optimistic perspective. To be effective in answering to all demands - such as being sources of knowledge, providers of education and training for strategic leaders of regional regeneration, suppliers of knowledge intensive services and infrastructure, local connectors with external knowledge and markets, and also animators of their innovation systems – HEIs face internal and external limitations. This report presents the main results of the JRC project on Higher Education for Smart Specialisation in Portugal. The project intends to help build innovation capabilities by strengthening the participation of HEIs in regional networks; and by promoting the integration of higher education with research, innovation and regional development in the S3 policy mix. The results are divided into two categories. First, a quantitative and descriptive analysis of the publicly available information about the HE system and on the use of European Structural and Investment Funds. Second, the presentation of qualitative results, based on the content analysis of interviews administered to key stakeholders and focus groups conducted in all regions. Results identify aspects for the innovative and transformation potential of Portuguese regions while they also underline contextual and specific problems facing HEIs, while highlighting measures to help overcome these limitations. |
| Keywords: | Portugal, Higher Education |
| Date: | 2021–02 |
| URL: | http://d.repec.org/n?u=RePEc:ipt:iptwpa:jrc123230&r=all |
| By: | Meriam Attia (ISG - Institut Supérieur de Gestion de Tunis [Tunis] - Université de Tunis, UM - Université de Montpellier); Ouidad Yousfi (UM - Université de Montpellier, MRM - Montpellier Research in Management - UM - Université de Montpellier - Groupe Sup de Co Montpellier (GSCM) - Montpellier Business School - UM1 - Université Montpellier 1 - UPVD - Université de Perpignan Via Domitia - UM2 - Université Montpellier 2 - Sciences et Techniques - UPVM - Université Paul-Valéry - Montpellier 3); Abdelwahed Omri (ISG - Institut Supérieur de Gestion de Tunis [Tunis] - Université de Tunis) |
| Abstract: | This chapter shows how boards' characteristics could influence two aspects of innovation: (1) innovation effort (such as R&D expenditures and R&D team composition) and (2) innovation performance, specifically product, process, organizational and marketing innovations. First, we focus on individual characteristics of board members and their influence on innovation effort and performance. Then, we examine how the internal organization of boards, specifically the committees' roles and their composition and to what extent they could be meaningful to innovation processes. Specially, we discuss the influence of the committee size, the frequency of meetings, and the presence of independent and female members. Finally, the chapter sheds light on the effectiveness of initiatives and programs introduced to increase diversity such as gender quota laws, and the presence of minorities in top management positions. |
| Keywords: | Committees,Board demographic attributes,Board Structure,Corporate Governance,Innovation |
| Date: | 2021–04–01 |
| URL: | http://d.repec.org/n?u=RePEc:hal:journl:hal-03144970&r=all |
| By: | Claudio Fassio (Department of Business Administration, University of Lund, Sweden); Aldo Geuna (Department of Economics and Statistics Cognetti De Martiis, University of Torino, Italy); Federica Rossi (Department of Management, Birkbeck College, University of London, UK) |
| Date: | 2019–10 |
| URL: | http://d.repec.org/n?u=RePEc:img:wpaper:44&r=all |