nep-cse New Economics Papers
on Economics of Strategic Management
Issue of 2021‒10‒18
four papers chosen by
João José de Matos Ferreira
Universidade da Beira Interior

  1. Foreign Trade, Education And Innovative Performance: A Multilevel Analysis By Aysan, Ahmet Faruk; Castillo-Téllez, Luis Carlos; Demirbaş, Dilek; Disli, Mustafa
  2. Co-Creation Strategy, New Challenges in Entrepreneurship Education By DIF Aicha
  3. Development of a model for monitoring the needs for innovation in furniture enterprises in Bulgaria By Popova-Terziyska, Radostina; Neykov, Nikolay; Georgieva, Daniela
  4. The Interaction of Schumpeterian Institutional Entrepreneurship and Hayekian Institutional Change in Innovative Industries By Henrekson, Magnus; Lakomaa, Erik; Sanandaji, Tino

  1. By: Aysan, Ahmet Faruk; Castillo-Téllez, Luis Carlos; Demirbaş, Dilek; Disli, Mustafa
    Abstract: This research analyses the innovative performance of 5273 companies across 64 different economic sectors and 32 different regions in Colombia. We assess the different effects on the innovative performance of firms by analyzing firm, sector, and regional level determinants. The study involves the multilevel approach of the innovation process considering the structure and behavior of innovation systems in developing countries. We furthermore focus on technology transfer from foreign trade and the role of education in the process of innovation. We find that education and open economy variables have a significant relationship with innovation performance at the firm and regional levels.
    Keywords: Multilevel, Innovative Performance, Open Economy Variables, Innovation Systems, Multilevel Regression Models, Development.
    JEL: A1 A2 O24
    Date: 2021–05–05
  2. By: DIF Aicha (Dr, ISTA, University of Oran 1 Ahmed Ben Bella, Oran, Algeria. Member at Laboratory LAREEM Author-2-Name: Author-2-Workplace-Name: Author-3-Name: Author-3-Workplace-Name: Author-4-Name: Author-4-Workplace-Name: Author-5-Name: Author-5-Workplace-Name: Author-6-Name: Author-6-Workplace-Name: Author-7-Name: Author-7-Workplace-Name: Author-8-Name: Author-8-Workplace-Name:)
    Abstract: "Objective - Co-creation in entrepreneurship education is related to the teacher's ability to innovate and develop new practice among the student-teacher relationship; it is also a new way to enhance creativity and student value creation. In this approach, the teacher is considered the first actor of co-creation; he creates value among co-teaching, he is a facilitator for the launch of a start-up, and he is at the core of the entrepreneurial ecosystem. Thus, teaching with value co-creation, as we define, is a learning process that combines co-creation as a venture creation tool and provides personalised support for business plan competition. In the higher education system, innovation is an indicator of quality in teaching in all discipline. For entrepreneurship education, innovation with co-creation is a pedagogical practice based on project learning experimentation. This practice is efficient when it creates value for the learner in a co-creation process that combines knowledge sharing between the stakeholders. However, selecting the appropriate pedagogical practice is a curial element in the skills development in entrepreneurship education. Indeed, using co-creation as co-teaching implicates a pre-selection of the participant. Methodology - In this study, the author uses a qualitative analysis method of interviews made with teachers implicated in a co-creation approach and students who had participated in start-up competition. The sample was selected based on (Science, Technology, Engineering and Mathematics) STEM student entrepreneur experience. Results and findings - In achieving the objective of this paper, which is to understand the use of co-creation as an innovative pedagogical practice in the area of entrepreneurship education. The results show the value creation of co-creation as a co-teaching practice and a challenging tool of enhancing entrepreneurial spirit. Type of Paper - Empirical"
    Keywords: Co-Creation; Entrepreneurship Education; Co-Teaching.
    JEL: M31 E24 I29
    Date: 2021–09–30
  3. By: Popova-Terziyska, Radostina; Neykov, Nikolay; Georgieva, Daniela
    Abstract: There is a variety of methods for assessing and modelling the innovation factors that are presented in the specialized literature. However, out of the scope of those analyses is the use of the “First Alert” or the “signal line” approach. Through it the enterprises can analyze their need for innovation activities and the extent to which those innovations are needed. The main goal of the present study is to develop and analyze to use of a to make a decision whenever Bulgarian furniture enterprises have to implement innovation. The applied research methods are based on the logical, deductive, and comparative methods, as well as the “signal line” approach. This study proposes for the first time the use of a pan-European revenue regression curve and the number of innovative enterprises. The results show that the innovation activities must be, first of all, focused on the staff and then on the assets that the entity possesses and use. The results of the study support the development of the literature by presenting a more in-depth analysis of the possible ways to use the national statistical institute data for planning the innovation activities by furniture enterprises
    Keywords: innovation, furniture enterprises, modelling for monitoring
    JEL: M10 O30
    Date: 2021–06
  4. By: Henrekson, Magnus (Research Institute of Industrial Economics (IFN)); Lakomaa, Erik (Institute for Economic and Business History Research (EHFF)); Sanandaji, Tino (Institute for Economic and Business History Research (EHFF))
    Abstract: Innovation often takes place in entrepreneurial ecosystems. We use the history of the Silicon Valley venture capital model and the Hollywood motion picture industry to illustrate how specialized institutions that regulate these entrepreneurial ecosystems emerged through actions by business entrepreneurs, rather than being designed by policymakers. Schumpeterian entrepreneurs not only create new companies; they also create new institutions as an integral part of the restructuring process. At times, efforts of identifiable entrepreneurs are crucial, while in other instances institutional change results from a Hayekian process of emergence fueled by business entrepreneurs’ efforts. Some institutions remain informal, whereas others become formalized. The greater room to forge institutions through business practices may in part account for the higher rates of entrepreneurship observed in common law countries.
    Keywords: Entrepreneurship policy; High-impact entrepreneurship; Innovation; Institutional entrepreneurship; Schumpeterian entrepreneurship
    JEL: L26 M13 O31 P14
    Date: 2021–10–12

This nep-cse issue is ©2021 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.