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on Economics of Strategic Management |
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Issue of 2023‒03‒20
seven papers chosen by João José de Matos Ferreira Universidade da Beira Interior |
| By: | Marco Caliendo; Alexander S. Kritikos; Daniel Rodriguez; Claudia Stier |
| Abstract: | Self-efficacy reflects the self-belief that one can persistently perform difficult and novel tasks while coping with adversity. As such beliefs reflect how individuals behave, think, and act, they are key for successful entrepreneurial activities. While existing literature mainly analyzes the influence of the task-related construct of entrepreneurial self-efficacy, we take a different perspective and investigate, based on a representative sample of 1, 405 German business founders, how the personality characteristic of generalized self-efficacy influences start-up performance as measured by a broad set of business outcomes up to 19 months after business creation. Outcomes include start-up survival and entrepreneurial income, as well as growthoriented outcomes such as job creation and innovation. We find statistically significant and economically important positive effects of high scores of self-efficacy on start-up survival and entrepreneurial income, which become even stronger when focusing on the growth-oriented outcome of innovation. Furthermore, we observe that generalized self-efficacy is similarly distributed between female and male business founders, with effects being partly stronger for female entrepreneurs. Our findings are important for policy instruments that are meant to support _rm growth by facilitating the design of more target-oriented offers for training, coaching, and entrepreneurial incubators. |
| Keywords: | Entrepreneurship, firm performance, general self-efficacy, survival, job creation, innovation |
| JEL: | L26 M13 D91 |
| Date: | 2023 |
| URL: | http://d.repec.org/n?u=RePEc:diw:diwwpp:dp2030&r=cse |
| By: | Arnab Bhattacharjee; Ornella Maietta; Fernanda Mazzotta |
| Abstract: | Innovativeness of a firm improves not only its own survival chances but can also generate externalities on its neighboring firms. We empirically examine the role of agglomeration economies in how innovativeness affects firm survival in Southern Italy, using spatial weights to model spillovers. Spatial Durbin probit model estimates confirm that innovation is a determinant of firm survival not only for firms that are themselves innovative but also ones located close to other innovative firms. Definition of spatial scale and weight plays an important role. Spillover benefits are enhanced by agglomeration economies, but only at a very local scale. |
| Keywords: | Firm survival, Spatial models, Innovation, Spillovers, Southern Italian SMEs |
| JEL: | L20 O3 D22 C21 C41 |
| Date: | 2023–02 |
| URL: | http://d.repec.org/n?u=RePEc:nsr:niesrd:546&r=cse |
| By: | Jingfang Zhang; Emir Malikov |
| Abstract: | Existing literature at the nexus of firm productivity and export behavior mostly focuses on "learning by exporting, " whereby firms can improve their performance by engaging in exports. Whereas, the secondary channel of learning via cross-firm spillovers from exporting peers, or "learning from exporters, " has largely been neglected. Omitting this important mechanism, which can benefit both exporters and non-exporters, may provide an incomplete assessment of the total productivity benefits of exporting. In this paper, we develop a unified empirical framework for productivity measurement that explicitly accommodates both channels. To do this, we formalize the evolution of firm productivity as an export-controlled process, allowing future productivity to be affected by both the firm's own export behavior as well as export behavior of spatially proximate, same-industry peers. This facilitates a simultaneous, "internally consistent" identification of firm productivity and the corresponding effects of exporting. We apply our methodology to a panel of manufacturing plants in Chile in 1995-2007 and find significant evidence in support of both direct and spillover effects of exporting that substantially boost the productivity of domestic firms. |
| Date: | 2023–02 |
| URL: | http://d.repec.org/n?u=RePEc:arx:papers:2302.13427&r=cse |
| By: | Andrés Mauricio Gomez-Sanchez (Universidad del Cauca, Colombia.); Juan A. Máñez Castillejo (Universidad de Valencia and ERICES, Valencia, España.); Juan Alberto Sanchis-Llopis (Universidad de Valencia and ERICES, Valencia, España.) |
| Abstract: | The objective of this work is to explore the impact of ICT (using several indicators) on the firm’s export decision for Colombian manufacturing. To study this decision, we specify a model that accounts for sunk costs, firm previous experience in exporting and the impact of importing on exporting, and we estimate a dynamic (panel data) discrete model for the decision to export. To undertake this study, we merge three data bases at the firm level for Colombia: the Annual Manufacturing Survey (EAM), the Technological Development and Innovation Survey (EDIT) and the Annual ICT Manufacturing Survey (EAM-TIC), for the period 2013-2016. The results we obtain, show that ICT has a significant and positive impact on firm’s propensity to export, regardless the ICT category examined. Our work also confirms the existence of persistence on firm’s exports, self-selection, and depreciation of export experience. This evidence contributes to the scarce empirical literature on this topic for emerging economies, such as Colombia. |
| Keywords: | ICT, Exports, Self-Selection, Panel Data, Emerging Economies. |
| JEL: | L16 L96 F14 C23 D22 |
| Date: | 2023–03 |
| URL: | http://d.repec.org/n?u=RePEc:eec:wpaper:2303&r=cse |
| By: | Sharma, Devashish |
| Abstract: | It is important to note that enterprises will be more productive when they utilize information communication technologies to the fullest extent possible. This will result in an increase in their competitiveness, which will enable them to achieve sustainable economic growth, which, in the long run, is a prerequisite for reducing poverty. As a result of the development of information communication technologies, the opportunities for developing economies to participate in international markets are constantly expanding as a result of the development of this technology. With the advent of the Internet, we are witnessing a dramatic change in how goods and services are produced, delivered, sold, and purchased. As a result, the number of people and businesses that are connected to the internet on a daily basis is increasing, thus making them ready to take part in and contribute to the knowledge economy in an ever-increasing way. As a result of the use of the Internet, weak participants in the global economy will be empowered - such as small business owners in developing countries - enabling them to access information, communication, and knowledge that they had not been able to access in the past. It has become possible to trade goods and services more quickly due to the use of new technologies. Over the past few years, it has been shown that the trade in information and communication technology goods and services has been growing at a faster rate than the trade in total goods and services in the past few years. The information and communication technologies have also enabled trade in other sectors as they have improved market access and brought a broader range of customers into the market, as well as simplified the customs, transportation, and logistics processes that are associated with trade in other sectors. In terms of the economic impact of ICTs, one of their most important features is that they play a very important role in changing productivity processes within organizations. |
| Keywords: | Information communication technologies, Information communication technologies and economy, Information communication technologies and competitiveness, economic competitiveness, technology and economy |
| JEL: | O1 O32 O33 Q55 |
| Date: | 2021–10–15 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:116470&r=cse |
| By: | , Penulis |
| Abstract: | In accordance with the mandate of the Defense Industry Law, State-Owned Enterprises can act as Lead Integrator of the National Alutsista PT. PAL Indonesia (PT. PAL) is one of the state-owned enterprises (BUMN) engaged in the construction of the Indonesian Navy Warships. The problem in this research is how the development strategy of PT. PAL as a BUMN in an effort to fulfill the national defense equipment to improve national resilience. The purpose of this study is to identify several internal and external factors that influence decision making and then determine the priority of strategic criteria and develop a strategic plan for the development of PT. PAL to be implemented in order to increase national resilience by fulfilling the national defense equipment. The research method used is a combination of qualitative and quantitative methods with the integration of SWOT analysis. The results showed that PT. PAL's problem solving was carried out through efforts to improve the competence of Human Resources (HR) and production facilities in the form of facilities and infrastructure. Human Capital Building policies and programs must continue to be socialized and internalized to improve the skills of employees to suit the demands of the times. An assessment of PT. PAL has been carried out by the Ministry of BUMN in 2017 based on the KPKU as a measuring tool; the results obtained by PT. PAL include BUMN category/level band good performance with a score of 489. |
| Date: | 2021–09–30 |
| URL: | http://d.repec.org/n?u=RePEc:osf:osfxxx:4ny7x&r=cse |
| By: | Konstantinos Chatzimichael; Charoula Daskalaki; Gregory Emvalomatis; Michail Tsagris; Vangelis Tzouvelekas (Department of Economics, University of Crete, Greece) |
| Abstract: | In this paper, we employ a meta-regression analysis approach to synthesize empirical evidence on the average partial effects of eleven adoption determinants that regularly appear in empirical studies examining farmer's adoption behavior worldwide. Our analysis considers a total of 122 studies from the adoption literature using discrete choice models that are published in 24 peer-reviewed journals since 1985, covering farmer's adoption behavior around the world and for a wide variety of agricultural technologies. |
| Keywords: | Agricultural technology; Technology adoption; Average partial effect; Meta-regression analysis; Publication bias |
| JEL: | C21 D22 Q16 Q18 |
| Date: | 2023–01–20 |
| URL: | http://d.repec.org/n?u=RePEc:crt:wpaper:2301&r=cse |