|
on Economics of Strategic Management |
|
Issue of 2024‒03‒04
nine papers chosen by João José de Matos Ferreira, Universidade da Beira Interior |
| By: | Kapetaniou, Chrystalla; Pissarides, Christoforos Antoniou |
| 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 |
| JEL: | J23 L60 O33 O52 |
| Date: | 2023–03–15 |
| URL: | http://d.repec.org/n?u=RePEc:ehl:lserod:121320&r=cse |
| By: | Yi Yiang; Richard S. J. Tol |
| Abstract: | In the era of sustainability, firms grapple with the decision of how much to invest in green innovation and how it influences their economic trajectory. This study employs the Crepon, Duguet, and Mairesse (CDM) framework to examine the conversion of R&D funds into patents and their impact on productivity, effectively addressing endogeneity by utilizing predicted dependent variables at each stage to exclude unobservable factors. Extending the classical CDM model, this study contrasts green and non-green innovations' economic effects. The results show non-green patents predominantly drive productivity gains, while green patents have a limited impact in non-heavy polluting firms. However, in high-pollution and manufacturing sectors, both innovation types equally enhance productivity. Using unconditional quantile regression, I found green innovation's productivity impact follows an inverse U-shape, unlike the U-shaped pattern of non-green innovation. Significantly, in the 50th to 80th productivity percentiles of manufacturing and high-pollution firms, green innovation not only contributes to environmental sustainability but also outperforms non-green innovation economically. |
| Date: | 2024–01 |
| URL: | http://d.repec.org/n?u=RePEc:arx:papers:2401.16030&r=cse |
| By: | Anyfantaki, Sofia; Caloghirou, Yannis; Dellis, Konstantinos; Karadimitropoulou, Aikaterini; Petroulakis, Filippos |
| Abstract: | We document and analyse key deficiencies of the Greek economy, with the view to providing new insights and articulate policy proposals. We consider issues which are the purview of both horizontal policies, raising productivity across sectors, and vertical policies, which allow for realignment of activity. With respect to the first dimension, we focus on two specific problem-areas of Greek industry, with high importance: skills and management practices. We also use information from a novel survey on entrepreneurship, technological developments, and regulatory change and examine structural characteristics of innovation and technology adoption of Greek firms, with a focus on the role of size, ownership structure, and global value chain participation. With respect to the second dimension, we provide an overview of Greece’s export performance and analyse its sectoral comparative advantage. In an empirical study we also focus on the determinants of export sophistication. Overall, the collection of our empirical findings provides ample fodder for concrete policy proposals to increase productivity in Greek manufacturing. |
| Keywords: | skills; management; innovation; knowledge; export sophistication |
| JEL: | D20 F10 J24 J50 L22 O32 |
| Date: | 2024–02–01 |
| URL: | http://d.repec.org/n?u=RePEc:ehl:lserod:121983&r=cse |
| By: | Phu Nguyen-Van; Tuyen Tiet; Quoc Tran-Nam |
| Abstract: | Although numerous studies examine the impacts of environmental compliance and innovation on a firm's economic performance, the role of export activities in this nexus has remained unanswered. In this study, we revisit the Porter hypothesis by investigating synergy strategies of dierent environmental and economic practices (i.e., environmental compliance, product innovation, process innovation and having export activities) on total factor productivity (TFP) of Vietnamese manufacturing SMEs. Our results suggest that while encouraging either product or process innovation is also essential in the environment-promoting policy, joint implementation of these two practices should be carefully considered by managers. Moreover, entering export markets positively impacts rms' productivity; complying with the domestic/local environmental standards could signicantly increase the chances for SMEs to enter the export markets |
| Keywords: | Environmental compliance; Export; Product innovation; Process innovation; Productivity; SMEs |
| JEL: | L25 M11 O12 Q55 Q56 |
| Date: | 2024 |
| URL: | http://d.repec.org/n?u=RePEc:drm:wpaper:2024-1&r=cse |
| By: | Mnahel Babgi (CERGAM - Centre d'Études et de Recherche en Gestion d'Aix-Marseille - AMU - Aix Marseille Université - UTLN - Université de Toulon) |
| Abstract: | Digitalization and internationalization have an important role in the growth of enterprises, especially small and medium-sized enterprises (SMEs). In recent years, Borndigital SMEs have increased and internationalized faster than brick-and-mortar companies across the world. Notably, the Kingdom of Saudi Arabia (KSA), the largest economy in the Middle East and North Africa region, recognizes the significance of digitalization in SMEs development, as these firms are contributing greatly to the country's GDP. Despite the increasing influx, there is a paucity of research that examines the factors affecting the digitization and internationalization processes of born-digital SMEs. Therefore, this doctoral research aims to develop a deeper understanding of this phenomenon to provide useful insights to the practitioners and policymakers. This research flows in three stages. In the first stage, a bibliometric analysis is conducted on 246 research papers in International Business and a subsequent front analysis is conducted to supplement the findings. To surge further, a quantitative survey is developed to investigate internationalization strategies and the role of digitalized value chain activities with the data collected from born digital SMEs. Finally, a case study analysis will be developed on the successful SMEs to examine the interplay of digitization and internationalization among SMEs in Saudi Arabia to enhance SMEs' global competitiveness and bridge the knowledge gap to contribute to the body of literature in this research area. |
| Keywords: | Digitalization Internationalization Born-digital companies, digitalized value chain, SMEs, Digitalization, Internationalization, Born-digital companies |
| Date: | 2023–05–29 |
| URL: | http://d.repec.org/n?u=RePEc:hal:journl:hal-04401322&r=cse |
| By: | Grégory Jemine (HEC Liège); François-Régis Puyou (EM - emlyon business school); Florence Bouvet (HEC Liège) |
| Abstract: | "Purpose: Increasingly, emerging information technologies such as shared software and continuous accounting are offering alternative ways to perform accounting tasks in a supposedly more efficient fashion. Yet, few studies have investigated how they affect the provision of accounting services, especially in the context of small accounting firms, which provide legal and tax services to entrepreneurs and businesses. Drawing on the service perspective, the paper critically examines how technological innovation challenges and reconfigures the co-production of accounting services in these firms.Design/methodology/approach:The paper answers calls issued in prior studies to conduct empirical research on emerging information technologies for accountants. It focuses on the specific context of small accounting firms and draws on interviews with small accounting firms' managers (n = 20).Findings:The study emphasizes five significant challenges that accounting firm managers face when using information technologies to support the provision of their services (ensuring reliability, factoring in their heterogeneous client base, repricing, training clients to use new technologies and promoting advisory services). Information technologies are shown to have a structuring role in the co-production of accounting services, as they lead to reconfigurations of the relationships between accountants and their clients. A range of four configurations is developed to highlight accountants' strategies to maintain collaborative relationships with their clients while integrating new technologies into their work practices.Originality/value:By conceptualizing accounting services as a co-production process, the paper offers new insights into the implications of emerging information technologies for small accounting firms." |
| Keywords: | Technological innovation, Service perspective, Co-production, Small accounting firms, Emerging technologies, Continuous accounting |
| Date: | 2024–01–04 |
| URL: | http://d.repec.org/n?u=RePEc:hal:journl:hal-04325739&r=cse |
| By: | Antonio Rafael Ramos-Rodriguez; Jose Aurelio Medina-Garrido; Jose Daniel Lorenzo-Gomez; Jose Ruiz-Navarro |
| Abstract: | The recognition of business opportunities is the first stage in the entrepreneurial process. The current work analyzes the effects of individuals' possession of and access to knowledge on the probability of recognizing good business opportunities in their area of residence. The authors use an eclectic theoretical framework consisting of intellectual and social capital concepts. In particular, they analyze the role of individuals' educational level, their perception that they have the right knowledge and skills to start a business, whether they own and manage a firm, their contacts with other entrepreneurs, and whether they have been business angels. The hypotheses proposed here are tested using data collected for the GEM project in Spain in 2007. The results show that individuals' access to external knowledge through the social networks in which they participate is fundamental for developing the capacity to recognize new business opportunities. |
| Date: | 2024–01 |
| URL: | http://d.repec.org/n?u=RePEc:arx:papers:2401.17448&r=cse |
| By: | Seven Ağır (Department of Economics, Middle East Technical University, Ankara, Turkey) |
| Abstract: | The small and medium-sized enterprises might play an essential role in the economy of a developing country. Yet, in developing countries, relatively fewer firms have been able to transition from micro enterprises focusing on survival to small and medium enterprises with higher capacity for innovation and job creation. This problem of the ‘missing middle’ has been identified as one of the barriers to increasing economic prosperity and therefore the ‘reasons’ underlying it have been examined in studies on various parts of the developing world. This study examines the ‘missing middle’ problem from a historical-institutional perspective by focusing on the underutilization of a novel form of business organization, i.e., PLLC in Turkey. Based upon a novel dataset of firm creation and desk research on legal changes in Turkey during 1957-1994, the study demonstrates the ‘missing’ PLLCs and discuss the potential factors underlying legal stagnation. |
| Date: | 2023–11 |
| URL: | http://d.repec.org/n?u=RePEc:met:wpaper:2305&r=cse |
| By: | Attila Havas (Institute of Economics, HUN-REN Centre for Economic and Regional Studies, AIT Austrian Institute of Technology, Center for Innovation Systems and Policy) |
| Abstract: | This paper compares the evolution of CE4 countries’ (Czechia, Hungary, Poland, and Slovakia) national innovation systems, as well as their innovation performance. Its analytical framework draws on evolutionary (and institutional) economics of innovation. Given the structural features and the level of socio-economic development in the CE4 countries, as well as the dominant way of thinking since the cold war, Western politicians, business people, analysts and journalists tend to share a ‘block’ view of these countries. Further, there is a noticeable – and certainly understandable – ‘drive’ also from the academic community to produce findings that can be generalised across the new EU member states, but at least for the CE4 countries, that is, to focus on identifying shared or similar features. Yet a closer look at the structure of the national innovation systems in these countries, as well as at their innovation performance, points to a different direction. While the structural composition of the research sub-systems of the CE4 countries showed a great diversity already in 2000, fairly significant changes have occurred since then almost in all countries, adding more colours to the observed diversity. Neither a similar structural composition of the research sub-system can be observed, nor a move towards a similar structure. Their innovation performance is also diverse. Given the diversity among innovation systems, one should be very careful when trying to draw policy lessons from the ‘rank’ of a country as ‘measured’ by a composite indicator. The CE4 countries, therefore, need to avoid the trap of paying too much attention to simplifying ranking exercises. Instead, it is of utmost importance to conduct detailed, thorough comparative analyses, identifying the reasons for a reasonable or disappointing performance. |
| Keywords: | Keywords: Models of innovation; Economics paradigms; National innovation systems; STI policy rationales; Measurement of innovation; Composite indicators; Scoreboards and league tables; Czechia; Hungary; Poland; Slovakia |
| JEL: | B52 O30 O38 O39 |
| Date: | 2023–12 |
| URL: | http://d.repec.org/n?u=RePEc:has:discpr:2338&r=cse |