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on Economics of Strategic Management |
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Issue of 2021‒11‒29
eight papers chosen by João José de Matos Ferreira Universidade da Beira Interior |
| By: | Marco Capasso; Marina Rybalka |
| Abstract: | Innovation is one of the usual suspects in defining differences in performance among firms, according to a strong and diverse theoretical framework. Understanding the diversity that exists within the population of innovative firms is essential to elaborate appropriate innovation policies. Our study explores the diversity of innovation patterns among Norwegian firms included in the 2018 Community innovation survey (CIS2018). By applying factor analysis on a wide array of survey variables and on a large sample of firms, we identify eleven typical approaches to innovation, which recurrently connect innovation inputs and outputs at firm level. A main outcome of our study is a renewed fine-grained view on innovation as a multifaceted concept. |
| Keywords: | Technological change; Innovation survey; Factor analysis; Business strategies; Intra-industry heterogeneity. |
| Date: | 2021–11–07 |
| URL: | http://d.repec.org/n?u=RePEc:ssa:lemwps:2021/40&r= |
| By: | Mauro Pisu; Christina von Rüden; Hyunjeong Hwang; Giuseppe Nicoletti |
| Abstract: | The full potential of digital technologies remains unrealised and their benefits unequally shared because of insufficient investment in enabling intangible assets and communication networks within and across countries. The COVID-19 shock poses new challenges and opportunities. Drawing on past and ongoing OECD work, the paper proposes a multipronged policy approach to durably accelerate the diffusion and uptake of digital technologies across all layers of society, and share their benefits more widely. The building blocks of the proposed LIFT approach include: Lifelong learning for all to ensure everybody has the opportunity to acquire and upgrade the skills needed to thrive in a digital world; Intangibles finance for the knowledge economy to allow more firms, especially small ones, to increase intangible investment and seize the opportunities offered by the digital transformation; Framework market conditions for the digital age to upgrade policies to the digital age, especially in the areas of taxation, competition law and enforcement, digital security, firms’ entry and exit, and e-government; Technology access via digital infrastructure to facilitate access to communication networks and accelerate the take up of digital technologies and their international diffusion. |
| Keywords: | Compensation, Competition Policy, Education and Inequality, Firm Growth, Firm Performance, Innovation Policy, Skill Biased, SME, Technology Adoption, Technology and Competitiveness, Wages |
| JEL: | L25 L4 O32 O33 O38 I24 J3 |
| Date: | 2021–11–26 |
| URL: | http://d.repec.org/n?u=RePEc:oec:ecoaab:30-en&r= |
| By: | Bergantino, Angela Stefania; Capozza, Claudia; Spiru, Ada |
| Abstract: | Firms as part of an ecosystem are constrained by many context facets, having different dimensions and effects on their performance. In this work, we explore differences in firm performance in emerging economies by introducing contextual factors at country-level along with firm-level factors into the analysis. Especially, our focus is on a country's transport infrastructure endowment and logistics services as a source of heterogeneity in firm performance. We perform a multilevel analysis that allows us to define a two-level hierarchical structure, where firms are nested in countries. The empirical framework adopted allows us not to neglect other contextual bases by relying on their multidimensionality and global diversity. Our results confirm that part of the country-level variability in firm performance is explained by transport infrastructure and logistics services. The impact is, however, heterogeneous across infrastructures: network-type infrastructures, such as roads, railways, and logistics services, have a larger effect on firm-level performance, while transport nodes, such as airports and ports, show little or no effect. This research provides useful implications for both theory and practice, especially for policymakers and organizations. |
| Date: | 2021 |
| URL: | http://d.repec.org/n?u=RePEc:sit:wpaper:21_2&r= |
| By: | Nigel Driffield (Warwick Business School, University of Warwick, Enterprise Research Centre); Yong Yang (Shanghai Polytechnic University) |
| Keywords: | Foreign Direct Investment, Location Choice, Knowledge Sourcing, Firm Resources, Performance |
| Date: | 2021–10 |
| URL: | http://d.repec.org/n?u=RePEc:anj:wpaper:011&r= |
| By: | Michela Giorcelli; Bo Li |
| Abstract: | This paper studies the causal effect of technology and knowledge transfers on early industrial development. Between 1950 and 1957, the Soviet Union supported the “156 Projects” in China for the construction of technologically advanced, large-scale, capital-intensive industrial facilities. We exploit idiosyncratic delays in project completion and the unexpected end of the Sino-Soviet Alliance, due to which some projects received Soviet technology embedded in capital goods and know-how, while others were eventually realized by China alone using domestic technology. We find that receiving both Soviet technology and know-how had large, persistent effects on plant performance, while the effects of receiving only Soviet capital goods were short-lived. The intervention generated horizontal and vertical spillovers, as well as production reallocation from state-owned to privately owned companies since the late 1990s. |
| JEL: | L2 M2 N34 N64 O32 O33 |
| Date: | 2021–11 |
| URL: | http://d.repec.org/n?u=RePEc:nbr:nberwo:29455&r= |
| By: | Mohammed, Sadick; Abdulai, Awudu |
| Keywords: | Teaching/Communication/Extension/Profession, Research and Development/Tech Change/Emerging Technologies |
| Date: | 2021–08 |
| URL: | http://d.repec.org/n?u=RePEc:ags:iaae21:315362&r= |
| By: | Burgelman, Robert A. (Stanford U); Sridharan, Amit (First Rays Venture Partners) |
| Abstract: | This paper presents a process model of corporate venture capital (CVC) based on field research of JetBlue Technology Ventures (JTV), the CVC unit of JetBlue Airways. We examine how the JTV subsidiary was designed and staffed to enable effective interaction with the company's internal innovation process to create enduring strategic value for JetBlue as well as for the startup companies involved in these interactions. We provide in-depth insight into the CVC process by identifying the interlocking strategic leadership activities at multiple levels of management (top-middle-operational) through which the CVC subsidiary works with VCs and startups, relates to JetBlue’s internal innovation process within different time horizons, and architects and develops a new partner ecosystem to help the company extend its capabilities. |
| Date: | 2021 |
| URL: | http://d.repec.org/n?u=RePEc:ecl:stabus:3962&r= |
| By: | Boneva, Teodora (University of Bonn); Buser, Thomas (University of Amsterdam); Falk, Armin (briq, University of Bonn); Kosse, Fabian (Ludwig-Maximilians-Universität München) |
| Abstract: | We present evidence on the role of the social environment for the development of gender differences in competitiveness and earnings expectations. First, we document that the gender gap in competitiveness and earnings expectations is more pronounced among adolescents with low socioeconomic status (SES). We further document that there is a positive association between the competitiveness of mothers and their daughters, but not between the competitiveness of mothers and their sons. Second, we show that a randomized mentoring intervention that exposes low-SES children to predominantly female role models causally affects girls' willingness to compete and narrows both the gender gap in competitiveness as well as the gender gap in earnings expectations. Together, the results highlight the importance of the social environment in shaping willingness to compete and earnings expectations at a young age. |
| Keywords: | competitiveness, gender, socioeconomic status, inequality, earnings expectations |
| JEL: | I24 J16 |
| Date: | 2021–10 |
| URL: | http://d.repec.org/n?u=RePEc:iza:izadps:dp14800&r= |