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on Economics of Strategic Management |
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Issue of 2022‒03‒21
nine papers chosen by João José de Matos Ferreira Universidade da Beira Interior |
| By: | Iraj Hashi; Mehtap Hisarciklilar; Slavo Radošević; Nebojša Stojčić; Nina Vujanović (The Vienna Institute for International Economic Studies, wiiw) |
| Abstract: | The beneficial effects of innovation for firms’ performance and competitiveness are well documented, but it has been suggested in recent years that innovation regimes differ between advanced and emerging economies. While advanced economies rely on knowledge generation, their emerging counterparts follow mainly a knowledge-use regime through the application of existing knowledge and technology. Climbing up the technological ladder can be helped through spillovers from foreign investors to local firms. We investigate whether FDI spillovers influence different phases of the innovation process (from decision to innovate to productivity) among knowledge-using and knowledge-creating firms in an emerging European economy. The results show that the innovation process in emerging economies is closer to the imitation than the creation of novel products. Local firms benefit from foreign counterparts in the early phase of the innovation process. Stronger FDI effects are found among firms that undertake innovation through knowledge use rather than through knowledge generation. |
| Keywords: | knowledge use; knowledge generation; FDI; innovation; emerging economy |
| JEL: | F21 F23 L25 C31 L21 |
| Date: | 2022–03 |
| URL: | http://d.repec.org/n?u=RePEc:wii:wpaper:213&r= |
| By: | Katimertzopoulos, Fotios (Democritus University of Thrace, Department of Economics); Vlados, Charis (Democritus University of Thrace, Department of Economics); Koutroukis, Theodore (Democritus University of Thrace, Department of Economics) |
| Abstract: | James Moore coined the term business ecosystem, where businesses are considered as components of an ecosystem in which they collaborate, satisfying consumers and integrating innovation. A business ecosystem is an economic community supported by a structure of interacting organizations-businesses and individuals producing goods and services for consumers. The business strategy in a regional and local innovation ecosystem faces various challenges, such as a possible conflict with the great forces of the ecosystem and the creation of a healthy partnership for the development of new products-services. The business strategy developed in these ecosystems takes the form of new companies that use technological change to introduce new products or new business models through new competitive scenarios and the reciprocal relationships developed in this context. However, most businesses, especially in remote and underdeveloped regional and local business ecosystems, are facing many challenges; as such they require a different support framework for their innovation system. This system should work a way that it will enable organizations to develop their innovations based on their business partnerships, being able at the same time to balance their cognitive asymmetries. In the present research study, through the literature review of scientific research in the field of regional innovation systems and less developed business ecosystems, the central analytical dimensions and strategies (Stra.Tech. Man innovation theory) are identified and analyzed to determine how they could contribute to achieve effective business innovation and long-term stable growth and development. |
| Keywords: | regional innovation system; business ecosystem; less developed business ecosystems; strategy innovation; Stra.Tech.Man innovation theory |
| JEL: | M19 O30 P48 R19 |
| Date: | 2021–11–10 |
| URL: | http://d.repec.org/n?u=RePEc:ris:duthrp:2021_020&r= |
| By: | Yanyou Chen; Daniel Xu |
| Abstract: | This paper develops and estimates an industry equilibrium model of manufacturing plants in the Korean electric motor industry from 1991 to 1996. Plant-level decisions on R&D, physical capital investment, entry, and exit are integrated in a dynamic setting with knowledge spillovers. We use a simulated method of moments estimator and the novel approximation method of Weintraub, Benkard and Van Roy (2008) to estimate the R&D cost, magnitude of knowledge spillovers, adjustment costs of physical investment, and plant scrap value distribution. Knowledge spillovers are essential to explaining the firm-level productivity evolution and the equilibrium market configuration. A counterfactual experiment reveals that a 15% R&D subsidy maximizes industry output and is broadly consistent with a past policy initiative of the Korean government. |
| JEL: | L11 O33 |
| Date: | 2022–02 |
| URL: | http://d.repec.org/n?u=RePEc:nbr:nberwo:29733&r= |
| By: | Etienne Montaigne (Montpellier SupAgro - Institut national d’études supérieures agronomiques de Montpellier); Alfredo Coelho (Bordeaux Sciences Agro - Ecole Nationale Supérieure des Sciences Agronomiques de Bordeaux-Aquitaine); Samson Zadmehran (UPVM UM3 UFR4 - Université Paul-Valéry Montpellier 3 - Faculté des Sciences sociales, des organisations et des institutions - UPVM - Université Paul-Valéry - Montpellier 3) |
| Abstract: | The present study focuses on the assessment of the development perspectives of the new grape varieties that are resistant to fungal diseases and thus promote the reduction or the suppression of phytosanitary treatments. The study also discusses new grape varieties dealing with global warming. Our methods rely on direct surveys with researchers and stakeholders completed with a synthesis of the scientific literature and edited research programs. This approach proposes an explanatory and a comprehensive investigation. It includes an overview of the current state of the art of the supply of technology, the presentation of the strategies of the main actors and stakeholders involved in the innovation chain, a synthesis of the current scientific and technical controversies, and an analysis of the influence of the institutions and legislation. Furthermore, we provide an evaluation of the previous research program on new grape varieties of the French National Institute for Research in Agronomy (INRA) and of the outcome of the diffusion of new grape varieties implemented in the south of France. This analysis will allow us to discuss the conditions for the success of this innovation as a competitiveness factor. |
| Keywords: | innovation,resistant grapevines,wine chain,France,Montaigne,E.,Coelho,A.,Zadmehran,S. A Comprehensive innovation |
| Date: | 2021–12 |
| URL: | http://d.repec.org/n?u=RePEc:hal:journl:hal-03461901&r= |
| By: | Chatzinikolaou, Dimos (Democritus University of Thrace, Department of Economics); Vlados, Charis (Democritus University of Thrace, Department of Economics); Koutroukis, Theodore (Democritus University of Thrace, Department of Economics) |
| Abstract: | Entrepreneurship and the resulting innovation should be at the developmental epicenter for the different socio-economic systems. By analyzing the various levels of understanding and practical implementation of policies to enhance entrepreneurship and innovation, this article aims at a first classification and categorization of these. This article analyzes the concepts of innovation and entrepreneurship and the classification of policies to stimulate them. We argue that the micro-meso entrepreneurship policy domain is the most decisive because it produces and reproduces knowledge within businesses and today’s globalized industries. This knowledge is critical to innovation, especially in the current conditions of the current COVID-19 crisis where traditional industries lose market shares. This classification of policies to enhance entrepreneurship and innovation is the first step in distinguishing the best practices suggested by the scholarly literature in conjunction with applied examples. |
| Keywords: | entrepreneurship; innovation; micro-meso; macrolevel; entrepreneurship policy; innovation policy |
| JEL: | L26 O39 |
| Date: | 2022–11–20 |
| URL: | http://d.repec.org/n?u=RePEc:ris:duthrp:2021_014&r= |
| By: | Aljumah, Ahmad Ibrahim; Nuseir, Mohammed T.; Alam, Md. Mahmudul (Universiti Utara Malaysia) |
| Abstract: | Objective/Purpose: The aim of the study is to examine the impact of the big data analytics capabilities (BDAC) on the organizational performance. The study also examines the mediating role of ambidexterity and the moderating role of business value of big data (BVBD) analytics in the relationship between the big data analytics capabilities and the organizational performance. Methodology/Design: This study collected primary data based on a questionnaire survey among the large manufacturing firms operating in UAE. A total of 650 questionnaires were distributed among the manufacturing firms and 295 samples were used for final data analysis. The survey was conducted from September to November in 2019 and partial least squares structural equation modeling (PLS-SEM). Findings: The BDA scalability is supported by the findings on the performance of firm and its determinants such as system, value of business, and quality of information. The role of business value as a moderator and ambidexterity as mediator are found significant. The results reveal that there is a need for managers to consider the business value and quality dynamics as crucial strategic objectives to achieve high performance of the firm. Implications: The study has significant policy implication for practitioners and researchers for understanding the issues related to big data analytics. Originality/Value: This is an original study based on primary data from UAE manufacturing firms. |
| Date: | 2021–11–30 |
| URL: | http://d.repec.org/n?u=RePEc:osf:osfxxx:an8er&r= |
| By: | Maryam Elbahjaoui (laboratoire Interdisciplinaire de Recherches et d’études en management des organisations et droit de l’entreprise-LIREMD); Abdelaziz Elabjani (laboratoire Interdisciplinaire de Recherches et d’études en management des organisations et droit de l’entreprise-LIREMD) |
| Abstract: | The purpose of this research is to describe the incubation relationship to establish win-win relations between incubator and entrepreneur, which allows us to get around all the obstacles that prevent us from maintaining a sustained level of innovation. Within an ecosystem of entrepreneurial support, the incubator has a leading role because, he constitutes the bridge between the entrepreneur and the external environment, to create this relationship; he develops cooperative strategies with other incubators so that his support offer has clarity and good legibility for projects leaders. The findings are useful for incubators and entrepreneurs-owners of start-ups in their efforts to enhance the innovation of their firm. |
| Keywords: | 3 3 T Incubation,innovation,startup,morocco,Incubation |
| Date: | 2021 |
| URL: | http://d.repec.org/n?u=RePEc:hal:journl:hal-03520325&r= |
| By: | Philippe Aghion (Collège de France); Roland Bénabou (Princeton University); Ralf Martin (Imperial College London); Alexandra Roulet (INSEAD) |
| Abstract: | We investigate the effects of consumers' environmental concerns and market competition on firms' decisions to innovate in "clean" technologies. Agents care about their consumption and environmental footprint; firms pursue greener products to soften price competition. Acting as complements, these forces determine R&D, pollution, and welfare. We test the theory using panel data on patents by 8,562 automobile-sector firms in 41 countries, environmental willingness-to pay, and competition. As predicted, exposure to prosocial attitudes fosters clean innovation, all the more so where competition is strong. Plausible increases in both together can spur it as much as a large fuel-price increase. |
| Keywords: | climate change, Competition, Environment, Innovation, Patents, Social Responsibility |
| JEL: | D21 D22 D62 D64 H23 O30 O31 |
| Date: | 2021–01 |
| URL: | http://d.repec.org/n?u=RePEc:pri:econom:2021-64&r= |
| By: | Ghifarisadewa, Muhammad Raynara |
| Abstract: | The “Strategic Resources and Processes in Property Industry: Uncovering New Analysis Approach For Business Development & Entrepreneurial Decision” discusses about the strategic resources and strategic process that works in the Property business industry. From the management resources and business processes that will determine the company's performance. What factors are affecting the company performance the most? What are the resources of the business? The research for the data using the quantitative analysis with a purposive sampling method and continues by confirmatory analysis from an industry expert. The result of the data shows that the ready to sell property is the most strategic resource in the property sales industry that boosts up the company’s performance. Additionally, advertising is one of the most effective way to succeed in the selling property. |
| Date: | 2021–11–28 |
| URL: | http://d.repec.org/n?u=RePEc:osf:osfxxx:sy9tf&r= |