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on Economics of Strategic Management |
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Issue of 2023‒05‒15
four papers chosen by João José de Matos Ferreira Universidade da Beira Interior |
| By: | Nguyen, Minh-Hoang; Quang-Loc, Nguyen; Nguyen, Loan; Le, Tam-Tri; Phi, Xuan-Tuan; Vuong, Quan-Hoang |
| Abstract: | The nationwide economic reform in 1986 transformed Vietnam from a centrally planned economy to a socialist-oriented market economy. Entrepreneurs and entrepreneurial spirits within the populace are suggested to fuel the structural changes. Despite the importance of entrepreneurship in Vietnam’s economy, studies in Vietnam mainly pay attention to the practical aspects of entrepreneurial activities and neglect the cognitive and theoretical aspects of entrepreneurship. Thus, the current study employs the information-processing perspective of the Mindsponge Theory to explore how entrepreneurs’ knowledge accumulation can affect their perceived likelihood of business success. Bayesian analysis indicates that business-related experience positively affects entrepreneurs’ business success likelihood. Greater willingness/readiness to transform thinking, acting, and beliefs can improve the business success of entrepreneurs who study others’ failures carefully. However, for entrepreneurs who perceive learning from others’ failures as unnecessary, higher willingness/readiness to transform diminishes their chance of success. Based on these findings, we recommend Vietnamese entrepreneurs accumulate knowledge through experience, learning, and an open mind for better decision-making and innovation creation capabilities. However, the learning process should be selective. |
| Date: | 2023–04–04 |
| URL: | http://d.repec.org/n?u=RePEc:osf:osfxxx:tgfr5&r=cse |
| By: | Yingying Zhang Zhang (IUJ Research Institute, International University of Japan); Sylvia Rohlfer (CUNEF University) |
| Abstract: | The accelerated international business context with the multiple sourced dynamic factors such as technology, emerging market rules and COVID-19 alike crisis demands innovativeness to survive and sustain competitive advantages. Culture as a complex construct adds complications to the international business, but may also provide a response as a soft organizational element. In this paper we explore the relationship between two the culture and innovation with systematic literature review to identify cultural configurations in affecting innovation. We deployed quality social science citation indexed journal publications identified in the Web of Science (WoS) database with a set of keywords. The identified search results were reduced to 697 articles from an initial 7, 097 items with inclusion and exclusion criteria. Utilizing Python machine learning tools and PHP language scripting, we clustered 697 items into 7 topic groups with 94 keywords spotted. We further analyze the seven clusters, with a comprehensive theoretical framework to unfold the underlying influences of culture on innovation in an international business context. Research gaps are also recognized for future research directions. |
| Keywords: | Cultural distance, corporate culture, national culture, innovation, knowledge, R&D, globalization, creativity, new product development, multinationals |
| Date: | 2023–04 |
| URL: | http://d.repec.org/n?u=RePEc:iuj:wpaper:ems_2023_05&r=cse |
| By: | Cyrielle Gaglio (University of Helsinki; Sciences Po, OFCE, France); Erika Kraemer-Mbula (University of Johannesburg); Edward Lorenz (Université Côte d'Azur, France; GREDEG CNRS) |
| Abstract: | This paper aims to study the links between the use of digital communication technologies, innovation performance and productivity for a sample of micro and small enterprises (MSEs) in a middle-income country, South Africa. Based on the results of an original survey carried out in 2019, we investigate these links for a sample of 711 manufacturing MSEs located in Johannesburg. We estimate the relations sequentially, first estimating the relation between digitalization and innovation, and secondly the relation between innovation and productivity. Our results show that selected digital communication technologies including the use of social media and the use of a business mobile phone for browsing the internet have a positive effect on innovation, and that innovation conditional on the use of these technologies has a positive impact on labor productivity. |
| Keywords: | Digital communication technologies, Product innovation, Productivity, MSEs, Johannesburg |
| JEL: | O14 O31 O4 |
| Date: | 2022–06 |
| URL: | http://d.repec.org/n?u=RePEc:gre:wpaper:2022-19&r=cse |
| By: | Douglas K. R. Robinson; David Winickoff; Laura Kreiling |
| Abstract: | The rapid pace of technological change, coupled with a pressing need for solutions to address grand societal challenges and global crises, heightens the challenge for policy makers to develop science, technology and innovation policies at speed, in situations of high uncertainty and, in some cases, around potentially controversial technology fields. Technology assessment (TA) has a long history of providing decision-makers with timely strategic intelligence on emerging technologies. Current demands are pushing TA to evolve in order to fulfil diverse functions: to illuminate the societal, economic, environmental and other consequences of new technologies; to inform public opinion; and to guide research and development. Drawing on nine case studies, this report analyses the response of TA practices to these changing drivers and demands to support policies for new and emerging technologies. It also identifies a set of principles to guide good contemporary TA practice. |
| Keywords: | anticipatory governance, emerging technologies, responsive research and innovation, strategic intelligence, technology assessment, technology futures |
| Date: | 2023–04–26 |
| URL: | http://d.repec.org/n?u=RePEc:oec:stiaac:146-en&r=cse |