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on Economics of Strategic Management |
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Issue of 2024‒01‒15
thirteen papers chosen by João José de Matos Ferreira, Universidade da Beira Interior |
| By: | Svetlana Klessova; Sebastian Engell; Catherine Thomas (GREDEG - Groupe de Recherche en Droit, Economie et Gestion - UNS - Université Nice Sophia Antipolis (1965 - 2019) - CNRS - Centre National de la Recherche Scientifique - UCA - Université Côte d'Azur) |
| Abstract: | Publicly funded multi-actor research, development and innovation projects are a setting where a network of multiple organizational actors form a temporary consortium to jointly create new knowledge and market-upstream innovations. The couplings between the organizational actors and sub-groups of these actors represent joint work that leads to flows of knowledge and flows of activities. The dynamics of the couplings in this empirical context and their implications are not well understood yet. Using an inductive comparative multiple case study of projects funded in European Research and Innovation Programmes, we investigated 4 projects with 54 organizational actors, which produced 50 innovations. The evolutions of all couplings went through the same phases, although the temporality of the phases differed. We identified eight types of evolutions of couplings and their underlying generative mechanisms. These evolutions led to different, mostly negative implications on the planned collaborative innovations. Particularly, we observed a systematic degradation of the couplings that were planned to connect sub-groups of organizational actors. Over time, the projects became less collaborative than planned, and they have a tendency to fragment into isolated activities by subgroups of actors. Based on these findings, we propose an emerging process model which helps to better understand how and why the couplings evolve in multi-actor RDI projects. |
| Keywords: | multi-actor projects, collaborative innovation |
| Date: | 2022–07 |
| URL: | http://d.repec.org/n?u=RePEc:hal:journl:hal-04314362&r=cse |
| By: | Ying Zhang (Department of Information Management, Peking University); Cornelia Lawson (Manchester Institute of Innovation Research, The University of Manchester); Liangping Ding (National Science Library, The Chinese Academy of Sciences; Department of Library, Information and Archives Management, The University of The Chinese Academy of Sciences) |
| Abstract: | Returning scientists play a critical role in building up the academic workforce and science in their home country. Yet, in this study we argue that return mobility may limit scientists‟ international relevance and thus spillover effects may not be realised. We take scientists returning to China as a sample to investigate the impact of return mobility on international visibility/impact. What is more, we explore the roles of the international collaboration network and international knowledge base in this effect. Our findings clarify the limitation of return mobility and provide some empirical evidence on the limits of global knowledge spillovers in science and talent introduction policies. |
| Keywords: | International mobility, International collaboration, Academic performance, Research visibility, Knowledge spillovers |
| Date: | 2023–02 |
| URL: | http://d.repec.org/n?u=RePEc:bdj:smioir:2023-01&r=cse |
| By: | Colin Davis; Ken-ichi Hashimoto |
| Abstract: | This paper studies how national research subsidies affect productivity growth and national welfare through adjustments in the geographic location of research and development (R&D) across countries. Our two-country framework features a tension in the firm-level innovation location decision between accessing technical knowledge and sourcing low-cost high-skilled labor. With trade costs and imperfect international knowledge diffusion, the larger country has a greater share of industry and tends to host a larger share of innovation. In this setting, we find that an R&D subsidy expands the implementing country’s share of innovation and raises the rate of productivity growth. Although the non-implementing country experiences a welfare improvement, the rising cost of the policy generates a concave relationship between the R&D subsidy and the welfare of the implementing country, yielding an optimal R&D subsidy rate. |
| Date: | 2023–12 |
| URL: | http://d.repec.org/n?u=RePEc:dpr:wpaper:1226&r=cse |
| By: | Bendikov, Michael; Braginsky, Oleg |
| Abstract: | Large-scale transformation processes initiated in the global and national economy by various drivers, including modern achievements of scientific and technical progress, primarily in the field of ICT and artificial intelligence, put forward new requirements for the methodology of strategic planning at all levels of its organizational structure. The focus of CEMI RAS researchers is on theoretical problems and practical experience of strategic planning at the micro- and mesoeconomic level, as well as new approaches and methods for modeling, forecasting and organizing business processes at domestic enterprises. Particular attention is paid to issues of assessing and improving the efficiency of their activities, analyzing the reasons that hinder the development of production and R&D, and finding ways to solve emerging problems. The problems of artificial intelligence in the social and humanitarian space are being actively studied. All of the above problems and ways to solve them are considered by the scientific community through the prism and in the context of radical changes in the global economic, technological and geopolitical landscape, high turbulence and uncertainty in economic development, increasing sanctions pressure from a number of powerful countries in the struggle for resources and political leadership, international and internal conflicts . Close attention is paid to the development and strengthening of the role of the national innovation ecosystem, the need for a multiple increase in government funding for the early stages of fundamental and applied research. Only a combination of targeted deregulation of industry priorities, primarily government, as well as corporate investments in science, technology, engineering and mathematics, education and human capital development, can strengthen the innovation base of the economy, ensure prosperity, economic and national security of the country. It is especially emphasized that in the strategic plan, priority should be given to system solutions that have scalability potential both in economic space and in economic time. |
| Keywords: | strategic planning, enterprise, knowledge economy, artificial intelligence. |
| JEL: | D24 L52 O21 |
| Date: | 2023–04–04 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:119437&r=cse |
| By: | Davide Azzolini; Nicola Doppio; Luca Mion; Iunio Quarto Russo; Alessio Tomelleri |
| Abstract: | Innovating product design is crucial for firms operating in the digital sector as it is closely linked with innovation capability and, therefore, with firm performance and productivity. In this paper, we run a randomized controlled trial to assess if participating in an open innovation initiative increases SMEs’ capability to design more competitive digital products. More specifically, the intervention aimed at increasing firms’ knowledge of the Design Sprint and their readiness to implement user-centered design techniques. 190 SMEs based in 7 different European countries took part in the field trial in spring 2021. We find that the intervention increased participants’ knowledge about user-centered design methods, although no statistically significant effects are found on participants’ intention to adopt that in their firms. This may be traced back to organizational and financial constraints typically related to the small-sized firms involved. |
| Keywords: | Open Innovation, SMEs, Randomized Controlled Trial, User Experience Design, Design Sprint |
| JEL: | D22 M31 O31 |
| Date: | 2024–01 |
| URL: | http://d.repec.org/n?u=RePEc:fbk:wpaper:2024-01&r=cse |
| By: | Ferro Gustavo; Gatti Nicolás |
| Abstract: | Knowledge applied to innovation is increasingly recognized as an explanatory factor of economic growth. Innovation derives from the application of knowledge to generate new products or new processes. National Innovation Systems (NIS) performs as the formal or informal network of people within institutions, interacting to produce and apply knowledge to innovation. NIS can be understood as two subsystems: one based on scientifical and technological work, producing codified products (publications and patents), and the other centered on practical actions to diffuse, apply, and use knowledge. Our objective is to assess cost efficiency in the production of codified knowledge outputs (CKO), being our unit of analysis countries. To attain our goal, we apply a Stochastic Frontier Analysis (SFA) to estimate a cost frontier of CKO. The sample is a panel that includes 1189 observations, for 23 years (1996-2019), and 82 countries. Our main results identify determinants and patterns of efficiency and productivity, tendencies, and specifics of countries and groups of them. |
| JEL: | O12 O30 |
| Date: | 2022–11 |
| URL: | http://d.repec.org/n?u=RePEc:aep:anales:4620&r=cse |
| By: | Rafik Abdesselam (COACTIS - COnception de l'ACTIon en Situation - UL2 - Université Lumière - Lyon 2 - UJM - Université Jean Monnet - Saint-Étienne); Malia Kedjar (LARSH - Laboratoire de Recherche Sociétés & Humanités - UPHF - Université Polytechnique Hauts-de-France - INSA Hauts-De-France - INSA Institut National des Sciences Appliquées Hauts-de-France - INSA - Institut National des Sciences Appliquées); Patricia Renou-Maissant (EconomiX - EconomiX - UPN - Université Paris Nanterre - CNRS - Centre National de la Recherche Scientifique) |
| Abstract: | The purpose of this paper is to identify the drivers of eco-innovation in start-ups. Firstly, a discriminant analysis (DA) is applied to study what is distinctive about eco-innovative start-ups as compared to non-eco-innovative start-ups. Secondly, a typology of eco-innovative start-ups is developed using a hierarchical ascendant clustering (HAC). Analyses are carried out using original data from a survey of 120 eco-innovative and non-ecoinnovative French start-ups. Discriminant analyses reveal that the founders of eco-innovative start-ups are differentiated by characteristics related to their environmental education and professional experience. Furthermore, eco-innovative start-ups are distinguished from the non-eco-innovative start-ups by voluntary environmental practices, such as the adoption of corporate social responsibility policies. Finally, we show that there is a diversity of profiles of eco-innovators. In fact, firms cluster into five main profiles and exhibit different eco-innovation drivers. We highlight that the different types of eco-innovators do not face the same difficulties in accessing funds. These findings have important implications for the implementation of public policy designed to promote eco-innovative activity, and they highlight the need to design policies that take into account the distinctive character of each profile. |
| Keywords: | Eco-innovation Start-ups typology Data analysis methods |
| Date: | 2024–01 |
| URL: | http://d.repec.org/n?u=RePEc:hal:journl:hal-04304153&r=cse |
| By: | Larin, Sergey; Khrustalev, Evgeny; Ermakova, Yasmina |
| Abstract: | The article presents the results of a study of the main characteristics of modern markets for the production and sale of innovative products (services, technologies). They made it possible to identify new organizational and economic mechanisms of interaction between the subjects of the innovation infrastructure. As a methodological tool, authors used the main provisions of the theories of interconnections and value chains, cooperation and competition, as well as the Henderson-Clark innovation model. Authors carried out the analysis of the main characteristics of existing and new markets for the production and sale of innovative products (services, technologies). Based on the research, authors concluded that at present there is no universal organizational and economic mechanism for the interaction of subjects of innovation infrastructure in the markets for the production and sale of innovative products (services, technologies). For the successful development of innovation activity, usage of a specific mechanism is subject to a comprehensive justification from the standpoint of each subject of the innovation infrastructure. |
| Keywords: | innovations, new types of products (services, technologies), innovation infrastructure, interactions between subjects, value chains, innovation clusters, hubs, technological platforms. |
| JEL: | L22 O31 O32 |
| Date: | 2023–04–28 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:119340&r=cse |
| By: | Michela Loi; Manuel Castriotta; Saulo Dubard-Barbosa (EM - emlyon business school); Maria Chiara Di Guardo; Alain Fayolle (EM - emlyon business school) |
| Abstract: | "Fragmentation is the main obstacle to scientific progress on entrepreneurial intention. To address this issue, we systematise the current literature with a hybrid bibliometric method that combines co-citation and bibliographic coupling analysis for the first time in entrepreneurial intention studies to show the field's knowledge base and research fronts and to examine how divergent perspectives have challenged the core knowledge of the field. We highlight three recurring dimensions of entrepreneurial intention studies: (1) personal factors, (2) social factors and (3) investigational settings. In addition to introducing new constructs, divergent perspectives have emphasised the interplay between these components and challenged the mechanisms connecting them. Based on these findings, we extend previous classifications in the literature by providing a framework that integrates divergent perspectives with the field's knowledge base, helping establish future research avenues and improving the theorising process of entrepreneurial intention." |
| Keywords: | bibliometrics, conceptual framework, divergent perspectives, entrepreneurial intention, entrepreneurship, literature review |
| Date: | 2023–09–04 |
| URL: | http://d.repec.org/n?u=RePEc:hal:journl:hal-04325752&r=cse |
| By: | Ryazantsev, Alexey; Larin, Sergey; Khrustalev, Oleg |
| Abstract: | In the course of the study conducted by the authors of the existing organizational and economic mechanisms and methods of indirect investment of projects implemented by high-tech and high-tech enterprises, scientific and methodological tools for the formation of stimulating strategies for their innovative development have been developed. It is shown that optimal investments in innovative projects acquire a special form of public-private partnership, in which a significant part of the risks associated with innovation activity is reduced and neutralized by the state. The methodology of constructing a stimulating strategy for taxation of innovative activity of an enterprise is substantiated, a model for assessing the tax policy of a management body is constructed, methods of insurance and risk compensation are proposed. |
| Keywords: | science-intensive and high-tech complex, investment, intellectual and human capital, taxation, risks, organizational and economic mechanism, mathematical modeling. |
| JEL: | C63 O31 O34 |
| Date: | 2023–08–18 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:119342&r=cse |
| By: | Larin, Sergey; Khrustalev, Evgeny; Noakk, Natalia |
| Abstract: | Subject. Currently, as the global economy evolves, its innovative components should demonstrate a tendency of accelerated growth as intellectual capital, information technologies, increasing knowledge and digitization of mushrooming production processes. Nowadays, intellectual capital is one of the economic development drivers. However, the economic community is found to have no generally accepted wording of the concept, thus laying the basis for this article. Objectives. The study sums up the analysis of approaches used by the Russian and foreign economists to determining the economic substance of intellectual capital. We also identify the importance of human capital as its components and specify the definition of the concept. Methods. The article overviews and analyzes proceedings by the most renowned authors, which substantiate how the economic substance of intellectual capital should be unveiled, and suggest its definitions. Results. We specified the definition of intellectual capital concerning the current economic development. We suggest integrating a new component into intellectual capital, such as intellectual property, which includes products of intellectual activity and intangible assets. They can be owned by the entity or other legal entities and individuals, including some employees of the entity. Conclusions. The specified definition of intellectual capital will help address issues of sustainable economic development and ensure the competitiveness of the Russian entities nationwide and worldwide, since it directly contributes to intellectual capital and its components. |
| Keywords: | intellectual capital, innovation, personnel, competence, competitiveness. |
| JEL: | J24 J44 O15 O32 |
| Date: | 2023–03–29 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:119341&r=cse |
| By: | Alicia Martin-Navarro; Felix Velicia-Martin; Jose Aurelio Medina-Garrido; Ricardo Gouveia Rodrigues |
| Abstract: | The tourism sector is a sector with many opportunities for business development. Entrepreneurship in this sector promotes economic growth and job creation. Knowing how entrepreneurial intention develops facilitates its transformation into entrepreneurial behaviour. Entrepreneurial behaviour can adopt a causal logic, an effectual logic or a combination of both. Considering the causal logic, decision-making is done through prediction. In this way, entrepreneurs try to increase their market share by planning strategies and analysing possible deviations from their plans. Previous literature studies causal entrepreneurial behaviour, as well as variables such as creative innovation, proactive decisions and entrepreneurship training when the entrepreneur has already created his or her firm. However, there is an obvious gap at a stage prior to the start of entrepreneurial activity when the entrepreneurial intention is formed. This paper analyses how creativity, proactivity, entrepreneurship education and the propensity for causal behaviour influence entrepreneurial intentions. To achieve the research objective, we analysed a sample of 464 undergraduate tourism students from two universities in southern Spain. We used SmartPLS 3 software to apply a structural equation methodology to the measurement model composed of nine hypotheses. The results show, among other relationships, that causal propensity, entrepreneurship learning programmes and proactivity are antecedents of entrepreneurial intentions. These findings have implications for theory, as they fill a gap in the field of entrepreneurial intentions. Considering propensity towards causal behaviour before setting up the firm is unprecedented. Furthermore, the results of this study have practical implications for the design of public education policies and the promotion of business creation in the tourism sector. |
| Date: | 2023–12 |
| URL: | http://d.repec.org/n?u=RePEc:arx:papers:2312.00517&r=cse |
| By: | Marco Paiola; Tatiana Khvatova (EM - emlyon business school); Francesco Schiavone; Alberto Ferraris |
| Abstract: | "The healthcare ecosystem is currently characterized by multiple interactions at different levels that call for new managerial approaches in line with value-based healthcare, where the omnichannel strategy is crucial. Drawing on the omnichannel approach in the B2B context, the overall objective of the current study is to unveil the underlying mechanisms through which a healthcare organization can transform the value creation process within its business ecosystem. An in-depth case study of an ecosystem has been used to demonstrate how the design and development of digital solutions can provide better services to the different agents involved in the healthcare sector. Our results show how an orchestra model of an innovation ecosystem effectively works and reveal the orchestration mechanisms operating in the healthcare industry, drawing on the example of the Patient Support Program (PSP) provider as the orchestrator. Moreover, key challenges have been highlighted, and the role of B2B marketing has been identified as crucial, providing important implications for managers and scholars." |
| Keywords: | Omnichannel strategy, Value-based healthcare, Orchestra model, Innovation ecosystems |
| Date: | 2023–11–01 |
| URL: | http://d.repec.org/n?u=RePEc:hal:journl:hal-04325738&r=cse |