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on Economics of Strategic Management |
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Issue of 2023‒12‒04
eleven papers chosen by João José de Matos Ferreira, Universidade da Beira Interior |
| By: | Antonin Bergeaud; Julia Schmidt; Riccardo Zago |
| Abstract: | When a technology becomes the new standard, the firms that are leaders in producing this technology have a competitive advantage. Matching the semantic content of patents to standards and exploiting the exogenous timing of standardization, we show that firms closer to the new technological frontier increase their market share and sales. In addition, if they operate in a very competitive market, these firms also increase their R&D expenses and investment. Yet, these effects are temporary since standardization creates a common technological basis for everyone, which allows followers to catch up and the economy to grow. |
| Keywords: | standardization, patents, competition, innovation, text mining |
| Date: | 2022–10–24 |
| URL: | http://d.repec.org/n?u=RePEc:cep:poidwp:040&r=cse |
| By: | Davide Antonioli (UniFE - Università degli Studi di Ferrara = University of Ferrara); Elisa Chioatto (UniFE - Università degli Studi di Ferrara = University of Ferrara); Massimiliano Mazzanti (UniFE - Università degli Studi di Ferrara = University of Ferrara) |
| Abstract: | The introduction of innovative practices compatible with the objectives of the circular economy is one of the main enablers for transforming current production patterns towards more sustainable and competitive systems. Understanding whether and to what extent firms are introducing circular-oriented innovations allows monitoring where we stand in the circular transition and thus which further efforts are needed to achieve a resource-efficient economy. This study is based on data from two surveys on Small and Medium Enterprises: the first one reaches 4565 companies located throughout Italy (in the two-year period 207-2018) and the second one focuses on 1603 companies operating in the Emilia-Romagna region (in the three-year period 2017-2019). The analysis is aimed at offering a broad picture of the level of involvement of national and regional firms in the implementation of circular innovation. Despite the overall positive performance, there appears to be a fragmented adoption of circular innovation in terms of firms' size, technological intensity of the sectors and in accordance with the geography and the productive specialization of the territory. In general, circular innovation mainly involves firms operating in low-technology-intensity sectors in Southern Italy and more technological intensive sectors in Northern Italy and it is more widespread among large firms. On the contrary, in Emilia-Romagna, the distribution of circular innovation mainly concerns mediumsized firms, especially those belonging to low and medium technology-intensive sectors, moreover companies in the provinces of Modena and Parma show higher adoption rates. |
| Keywords: | Circular Economy, Eco-Innovation, Circular Innovation, Small and Medium Enterprises, Business Models, Regional Studies |
| Date: | 2022–03–30 |
| URL: | http://d.repec.org/n?u=RePEc:hal:journl:hal-04242573&r=cse |
| By: | Chrystalla Kapetaniou; Christopher A. Pissarides |
| Abstract: | In a model with robots, and automatable and non-automatable human tasks, we examine robot-labour substitutions and show how they are influenced by a country's 'innovation system'. Substitution depends on demand and production elasticities, and other factors influenced by the innovation system. Making use of World Economic Forum data we estimate the relationship for thirteen countries and find that countries with poor innovation capabilities substitute robots for workers much more than countries with richer innovation capabilities, which generally complement them. In transport equipment and non-manufacturing robots and workers are stronger substitutes than in other manufacturing. |
| Keywords: | robots-employment substitution, automatable tasks, complementary task creation, innovation environment, industrial allocations |
| Date: | 2022–11–28 |
| URL: | http://d.repec.org/n?u=RePEc:cep:poidwp:043.pdf&r=cse |
| By: | Antonin Bergeaud; Arthur Guillouzouic; Emeric Henry; Clement Malgouyres |
| Abstract: | Introducing a new measure of scientific proximity between private firms and public research groups and exploiting a multi-billion euro financing program of academic clusters in France, we provide causal evidence of spillovers from academic research to private sector firms. Firms in the top quartile of exposure to the funding shock increase their R&D effort by 20% compared to the bottom quartile. We exploit reports produced by funded clusters, complemented by data on labor mobility and R&D public-private partnerships, to provide evidence on the channels for these spillovers. We show that spillovers are driven by outsourcing of R&D activities by the private to the public sectors and, to a lesser extent, by labor mobility from one to the other and by informal contacts. We discuss the policy implications of these findings. |
| Keywords: | knowledge spillovers, policy instruments, technological distance |
| Date: | 2022–10–26 |
| URL: | http://d.repec.org/n?u=RePEc:cep:poidwp:041&r=cse |
| By: | Choi, Elliot; Bayen, Alexandre; Rausser, Gordon |
| Abstract: | As public and private institutions recognize the role of space exploration as a catalyst for economic growth, various areas of innovation are expected to emerge as drivers of the space economy. These include space transportation, in-space manufacturing, bioproduction, in-space agriculture, nuclear launch, and propulsion systems, as well as satellite services and their maintenance. However, the current nature of space as an open-access resource and global commons presents a systemic risk for exuberant competition for space goods and services, which may result in a tragedy of the commons dilemma. In the race among countries to capture the value of space exploration, NASA, American research universities, and private companies can avoid any coordination failures by collaborating in a public-private research and development partnership (PPRDP) structure. We present such a structure founded upon the principles of polycentric autonomous governance, which incorporate a decentralized autonomous organization framework and specialized research clusters. By advancing an alignment of incentives among the specified participatory members, PPRDPs can play a pivotal role in stimulating open-source research by creating positive knowledge spillover effects and agglomeration externalities as well as embracing the nonlinear decomposition paradigm that may blur the distinction between basic and applied research. |
| Keywords: | agglomeration externalities, economics of space, intellectual property, polycentric governance |
| Date: | 2023–10–24 |
| URL: | http://d.repec.org/n?u=RePEc:cdl:agrebk:qt13b2f17s&r=cse |
| By: | OECD |
| Abstract: | This paper resents a measurement framework aiming to support the collection of comprehensive and internationally comparable quantitative and qualitative information on governmental innovation support programmes and instruments. It proposes a taxonomic system with definitions, classifications and reporting conventions aligned with OECD and other international standards. The framework is intended to support future OECD measurement efforts in this area and the analysis of innovation support portfolios within and across countries. |
| Keywords: | Business, Innovation, Public support, R&D, technology |
| JEL: | H50 H60 O30 H25 |
| Date: | 2023–11–20 |
| URL: | http://d.repec.org/n?u=RePEc:oec:stiaac:160-en&r=cse |
| By: | Thanh Tam Nguyen-Huu (Métis Lab EM Normandie - EM Normandie - École de Management de Normandie); Khac Minh Nguyen; Quoc Tran-Nam |
| Abstract: | This research investigates the nexus between environmental compliance, innovation, and Total Factor Productivity convergence. We use two measures of environmental practices: the firm environmental standard certification and environmental treatment. As for innovation, it has three increasing-levels: no innovation, product or process innovation, and both types of innovation. Using a sample of Vietnamese small-and medium-sized manufacturing enterprises from 2007 to 2015, the environmental practices are not correlated with total factor productivity. By contrast, there is a strong correlation between innovation and environmental treatment. Factors contributing to the firm productivity growth rate, and consequently the speed of convergence, are innovation, firm size, and legal form. |
| Abstract: | Cette recherche examine le lien entre la conformité environnementale, l'innovation et la convergence de la productivité totale des facteurs. Nous utilisons deux mesures de pratiques environnementales : la norme de certification environnementale et le traitment environnemental. Quant à l'innovation, il s'agit d'une variable qualitative ayant trois modalités croissantes : aucune innovation, innovation de produit ou de procédé et deux types d'innovation. En utilisant une base de données des petites et moyennes entreprises manufacturières vietnamiennes entre 2007 et 2015, les pratiques environnementales ne sont pas corrélées avec la productivité totale des facteurs. En revanche, il existe une forte corrélation entre l'innovation et le traitement environnemental. Les facteurs qui contribuent au taux de croissance de la productivité des entreprises, et par conséquent à la vitesse de convergence, sont l'innovation, la taille de l'entreprise et la forme juridique. |
| Keywords: | Innovation TFP growth rate β-convergence Environmental practices, Innovation, TFP growth rate, β-convergence, Environmental practices |
| Date: | 2022–06–28 |
| URL: | http://d.repec.org/n?u=RePEc:hal:journl:hal-04248191&r=cse |
| By: | Kim, Minho |
| Abstract: | After marking the ten-year milestone since the adoption of the SME-suitable industry reservation policy, this study investigates whether the policy has enhanced the competitiveness of SMEs by safeguarding them as intended and offers implications for its future implementation. This SME policy involves the selection of specific products to protect the business territories of SMEs and limit the entry or expansion of large enterprises; however, evidence-based discussions on its effectiveness have been limited. While the production and employment of large businesses decreased after the adoption, the business activities of SMEs did not change much. This reservation policy aimed to "ensure the competitiveness of SMEs through their protection." It successfully fulfilled its protective role by reducing the likelihood of SMEs exiting the market. However, the reservation policy had limited impact in terms of improving their performance or competitiveness. Following the designation of a set of industries (products) reserved for SMEs, the probability of exit for SMEs engaged in the production of those specific products significantly decreased. However, these SMEs did not show significant differences compared to other product producers in terms of most performance and input indicators. The industry-level analysis shows that the policy contributed little to the performance of overall industries to which the designated products belong. The disappointing outcomes of the policy's stringent measures highlight its limited effectiveness, as the restrictions on the expansion or entry of large enterprises did not lead to significant improvements in the performance of SMEs. Based on the findings, it is recommended to suspend new applications for the designation of SME-suitable industries and gradually phase out the already designated reserved industries. In any business field, when there is greater uncertainty about future market restrictions, firms are less incentivized to engage in that market and invest in domestic production facilities. A policy that restricts production activity in a specific business area solely based on firm size may inadvertently undermine the efficiency of resource allocation in the broader economy. Instead of protecting specific business areas, a win-win policy between SMEs and large firms should prioritize providing effective support for the growth of capable SMEs through appropriate regulatory measures to address anti-competitive and unfair practices. |
| Date: | 2022 |
| URL: | http://d.repec.org/n?u=RePEc:zbw:kdifor:279692&r=cse |
| By: | Nabila, Salsa |
| Abstract: | tugas resume ke 4 managing and innovation |
| Date: | 2023–10–22 |
| URL: | http://d.repec.org/n?u=RePEc:osf:osfxxx:dqxkg&r=cse |
| By: | Ali Bai; Morteza Vahedian |
| Abstract: | This research explores the intricate relationship between organizational commitment and nomophobia, illuminating the mediating influence of the ethical environment. Utilizing Meyer and Allen's three-component model, the study finds a significant inverse correlation between organizational commitment and nomophobia, highlighting how strong organizational ties can alleviate the anxiety of digital disconnection. The ethical environment further emerges as a significant mediator, indicating its dual role in promoting ethical behavior and mitigating nomophobia's psychological effects. The study's theoretical advancement lies in its empirical evidence on the seldom-explored nexus between organizational commitment and technology-induced stress. By integrating organizational ethics and technological impact, the research offers a novel perspective on managing digital dependence in the workplace. From a practical standpoint, this study serves as a catalyst for organizational leaders to reinforce affective and normative commitment, thereby reducing nomophobia. The findings underscore the necessity of ethical leadership and comprehensive ethical policies as foundations for employee well-being in the digital age. Conclusively, this study delineates the protective role of organizational commitment and the significance of ethical environments, guiding organizations to foster cultures that balance technological efficiency with employee welfare. As a contribution to both academic discourse and practical application, it emphasizes the importance of nurturing a supportive and ethically sound workplace in an era of pervasive digital integration. |
| Date: | 2023–11 |
| URL: | http://d.repec.org/n?u=RePEc:arx:papers:2311.02422&r=cse |
| By: | Vergara, Sebastian |
| Abstract: | Industrial and innovation policies are gaining additional traction, becoming crucial aspects of many governments’ toolkits to support innovation, build resilience, and accelerate the green energy transition. There are, however, enormous disparities across economies in their capacity to implement industrial policies, particularly those to support science, technology and innovation. Most developed countries, and some that are developing, are implementing bold, ambitious, and long-term innovation policies towards strengthening technological capabilities, bolstering R&D investments, and supporting advanced manufacturing and green energies. Amid lack of fiscal space and vulnerable fiscal frameworks, institutional deficiencies, and weak innovation ecosystems, developing countries –particularly in Africa and Latin America and the Caribbean– face enormous challenges to implement strategic innovation policies. Under the current economic, financing, and institutional conditions and policy trends, the technological divide across economies could widen even further in the coming years, limiting the progress of developing countries towards the SDGs and leaving many of them further behind. |
| Keywords: | Industrial policy, innovation policies, R&D investments, technological divide |
| JEL: | O10 O3 |
| Date: | 2023–11 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:119155&r=cse |