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on Economics of Strategic Management |
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Issue of 2025–01–20
fifteen papers chosen by João José de Matos Ferreira, Universidade da Beira Interior |
| By: | Leogrande, Angelo; Drago, Carlo; Mallardi, Giulio; Costantiello, Alberto; Magaletti, Nicola |
| Abstract: | This article focuses on the propensity to patent across Italian regions, considering data from ISTAT-BES between 2004 and 2019 to contribute to analyzing regional gaps and determinants of innovative performances. Results show how the North-South gap in innovative performance has persisted over time, confirming the relevance of research intensity, digital infrastructure, and cultural employment on patenting activity. These relations have been analyzed using the panel data econometric model. It allows singling out crucial positive drivers like R&D investment or strongly negative factors, such as limited mobility of graduates. More precisely, given the novelty of approaches applied in the used model, the following contributions are represented: first, the fine grain of regional differentiation, from which the sub-national innovation system will be observed. It also puts forward a set of actionable policy recommendations that would contribute to more substantial inclusive innovation, particularly emphasizing less-performing regions. By focusing on such dynamics, this study will indirectly address how regional characteristics and policies shape innovation and technological competitiveness in Italy. Therefore, it contributes to the debate on regional systems of innovation and their possible role in economic development in Europe since the economic, institutional, and technological conditions are differentiated between various areas in Italy. |
| Keywords: | Innovation, Innovation and Invention, Management of Technological Innovation and R&D, Technological Change, Intellectual Property and Intellectual Capital |
| JEL: | O30 O31 O32 O33 O34 O35 O38 |
| Date: | 2024–12–23 |
| URL: | https://d.repec.org/n?u=RePEc:pra:mprapa:123081 |
| By: | Domenico Delli Gatti; Roberta Terranova; Enrico Maria Turco |
| Abstract: | Can standard measures of industrial policy such as R&D subsidies or financial support for machine replacement be effective tools to reverse the current pattern of increasing market power and declining business dynamism? To answer this question we explore the effects of various industrial policy instruments in a macroeconomic agent-based model calibrated to reproduce the decline in US business dynamism over the last half-century. Our results indicate that R&D subsidies alone are insufficient to address the underlying causes of declining dynamism. They become effective, however, when combined in a policy mix with knowledge diffusion policies, particularly those favoring advanced technology adoption by small firms. In this case, industrial policy fosters growth by closing the productivity gap between leaders and laggards, and thereby curbing market power. These findings suggests a two-pronged approach to the design of industrial policy, integrating firm-level subsidies with knowledge diffusion measures and therefore ensuring that innovation and competition policies advance together. |
| Keywords: | macroeconomic dynamics, innovation, knowledge diffusion, market power, industrial policy, agent-based model |
| JEL: | C63 E32 L10 L52 O31 O33 |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ces:ceswps:_11544 |
| By: | Mitsch, Frieder; Hassel, Anke; Soskice, David |
| Abstract: | This paper examines Germany’s distinctive path toward the knowledge economy, emphasizing the role of regional innovation dynamics and governance, with a focus on Southern Germany’s high-innovation clusters. Unlike other advanced economies that pivoted toward high-tech services, Germany has prioritized digital advancements within its manufacturing base, creating a model driven by smart manufacturing and Industry 4.0. We argue that regional growth coalitions, formed by firms, social partners, and local governments, foster institutional configurations supporting knowledge-based and innovation-focused competition. This regionalized governance has enabled Southern Germany to capitalize on Germany’s innovation agenda, a success that other regions have struggled to replicate. By analysing multi-scalar dynamics—interactions across regional, national, and EU levels—our study expands evolutionary economic geography (EEG) and political economy literature, challenging traditional, nation-centric frameworks. Our findings highlight that cohesive regional governance can enhance national and supranational innovation strategies, underscoring the importance of regional institutions in advancing and sustaining knowledge economy innovation. |
| JEL: | N0 R14 J01 |
| Date: | 2024–12–05 |
| URL: | https://d.repec.org/n?u=RePEc:ehl:lserod:126264 |
| By: | Dixon Dumba; Mary W. Muthoga; Partson Paradza; Winnet K. Ngarakana |
| Abstract: | Universities have always been touted as agents of social and economic change as they advance the boundaries of knowledge and propel innovation through research and knowledge transfer. This paper aims to review the different approaches universities use to promote green environments by examining the extent to which green technologies and curricula, and sustainable campuses are embraced within tertiary institutions (Universities) in Botswana. The methodology involved administering a questionnaire to all Universities in Gaborone to elicit responses on efforts to go green. The sample size was determined at a 90% confidence level with a margin (standard) error of 10% using a purposive sampling technique for analysis purposes. The data used in this study was collected using interviews with various key informants (lecturers in the built environment and facilities managers) for the Universities. It was found that some Universities are trying to become green campuses, though none have attained bespoke green campus status yet because of different challenges. Therefore, it is recommended that Universities, as think tanks of the society, should lead by example and become points of reference for the society to benchmark the concept of green and sustainable development. |
| Keywords: | Carbon trading; Education for Sustainable Development (ESD); green campus; sustainability; Sustainable Development |
| JEL: | R3 |
| Date: | 2024–01–01 |
| URL: | https://d.repec.org/n?u=RePEc:afr:wpaper:afres2024-022 |
| By: | Dixon Dumba; Mary W. Muthoga; Partson Paradza; Winnet K. Ngarakana |
| Abstract: | Universities have always been touted as agents of social and economic change as they advance the boundaries of knowledge and propel innovation through research and knowledge transfer. This paper aims to review the different approaches universities use to promote green environments by examining the extent to which green technologies and curricula, and sustainable campuses are embraced within tertiary institutions (Universities) in Botswana. The methodology involved administering a questionnaire to all Universities in Gaborone to elicit responses on efforts to go green. The sample size was determined at a 90% confidence level with a margin (standard) error of 10% using a purposive sampling technique for analysis purposes. The data used in this study was collected using interviews with various key informants (lecturers in the built environment and facilities managers) for the Universities. It was found that some Universities are trying to become green campuses, though none have attained bespoke green campus status yet because of different challenges. Therefore, it is recommended that Universities, as think tanks of the society, should lead by example and become points of reference for the society to benchmark the concept of green and sustainable development. |
| Keywords: | Carbon trading; Education for Sustainable Development (ESD); green campus; sustainability; Sustainable Development |
| JEL: | R3 |
| Date: | 2024–01–01 |
| URL: | https://d.repec.org/n?u=RePEc:afr:wpaper:2024-022 |
| By: | Antonin Bergeaud (HEC Paris, CEP-LSE, CEPR); Max Deter (University of Potsdam); Maria Greve (Utrecht University); Michael Wyrwich (Groningen University) |
| Abstract: | We investigate the causal relationship between inventor migration and regional innovation in the context of the large-scale migration shock from East to West Germany between World War II and the construction of the Berlin Wall in 1961. Leveraging a newly constructed, century-spanning dataset on German patents and inventors, along with an innovative identification strategy based on surname proximity, we trace the trajectories of East German inventors and quantify their impact on innovation in West Germany. Our findings demonstrate a significant and persistent boost to patenting activities in regions with higher inflows of East German inventors, predominantly driven by advancements in chemistry and physics. We further validate the robustness of our identification strategy against alternative plausible mechanisms. We show in particular that the effect is stronger than the one caused by the migration of other high skilled workers and scientists. |
| Keywords: | patents, migration, Germany, Iron Curtain, innovation |
| JEL: | H10 N44 P20 D31 |
| Date: | 2025–01 |
| URL: | https://d.repec.org/n?u=RePEc:pot:cepadp:84 |
| By: | Antonin Bergeaud; Max Deter; Maria Greve; Michael Wyrwich |
| Abstract: | We investigate the causal relationship between inventor migration and regional innovation in the context of the large-scale migration shock from East to West Germany between World War II and the construction of the Berlin Wall in 1961. Leveraging a newly constructed, century-spanning dataset on Germanpatents and inventors, along with an innovative identification strategy based on surname proximity, we trace the trajectories of East German inventors and quantify their impact on innovation in West Germany. Our findings demonstrate a significant and persistent boost to patenting activities in regions with higher inflows of East German inventors, predominantly driven by advancements in chemistry and physics. We further validate the robustness of our identification strategy against alternative plausible mechanisms. We show in particular that the effect is stronger than the one caused by the migration of other high skilled workers and scientists. |
| Keywords: | Patents, Migration, Germany, Iron Curtain, Innovation |
| JEL: | H10 N44 P20 D31 |
| Date: | 2025–01–14 |
| URL: | https://d.repec.org/n?u=RePEc:bdp:dpaper:0059 |
| By: | Pylak, Korneliusz; Mickiewicz, Tomasz; Kitsos, Tasos |
| Abstract: | Our study explores the factors influencing the creation and closure of firms in urban micro-spaces, highlighting the relationship between Knowledge-Intensive Business Services (KIBS) and non-KIBS sectors. Employing 2007-2019 firm-level data from Warsaw, the capital of Poland, we uncover overlooked micro-geographical and sectoral patterns. We reveal spatial and sectoral interdependencies, highlighting the cross-sectoral effects of density and age of incumbent firms on new firm creation and closure. Our findings highlight the potential of policies supporting KIBS to generate positive multiplier effects, cultivating entrepreneurial ecosystems while accounting for micro-geographical contexts. |
| Date: | 2024–12–03 |
| URL: | https://d.repec.org/n?u=RePEc:osf:osfxxx:emv45 |
| By: | Arnone, Massimo; Costantiello, Alberto; Leogrande, Angelo |
| Abstract: | The article reviews the linkage of banking credit with technological innovation at global level underlining that access to finance is important for and innovation. The domestic credit percentage involving the private sector to GDP allows projects of high risk but with a very high reward, projects that are key in increasing productivity and global competitiveness significantly. This paper explores that dynamic in infrastructure, creative industries, and greening technologies. Indeed, findings from such studies do show positive correlations, such as between credit and infrastructure development or creative exports, suggesting the capability of systems of finance to transform. These findings indicate the positive relationships that exist in some contexts, such as reduced R&D investment. Taking into account the ecological bottom line, this research underlines ecosystem-based strategies of banking, green credit, and poised financial regulations for sustainable development. Synthesizing into this paper provides actionable insight into how policy makers, financial institutions, and researchers can tap into the synergy between the financial system and innovation. |
| Keywords: | Panel Data, Banking, Innovation. |
| JEL: | G00 G20 G21 G22 G23 G24 G28 |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:pra:mprapa:122774 |
| By: | Tandon, Anjali |
| Abstract: | Although developed countries lead in technological advancements and adoption, nations in the Global South are not immune to their effects due to increasingly borderless interactions. The extent of transformation will depend on the economic and technological feasibility in the less developed economies suggesting the co-existence of existing technologies even though the technology frontier continues to shift upwards. Therefore, it is intriguing to understand the relative significance of the distinguished technology levels in terms of their employment base and also for different typologies (e.g. employment-intensive, export-oriented, import-dependent, etc.) of the industry. In the backdrop of the likely non-uniform technology impact across regions and countries and the likely existence of the different levels of technology, the paper has two key objectives. First, to present a balanced view of the possible challenges and opportunities from the technology transition across the regions. However, the linkage between technology (as in innovation) and employment is also influenced by the sector where the firm operates. Technology response of the sector tends to vary due to factors including the richness of technological opportunities, cumulativeness of the knowledge base, or the means to protect the economic benefits of innovation/ technology. The view motivates the second objective to classify the broad manufacturing into sectors by different technology levels, viz., high-, medium-high-, medium-low-, and low-technology, and study their relative significance in employment, value added, export, imports and output in the manufacturing segment of the Indian economy. The present paper contributes through providing a technology profile of the Indian manufacturing by classifying sectors into four categories, originally based on the R&D intensities as defined by the OECD. The technology categorization takes into account the R&D spending as a proportion of the value added and output of the industry in the ISIC Revision 3 nomenclature. By extending the classification to the more recent ISIC Revision 4 (which is also aligned to the National Industrial Classification 2008 in India), we classify each of the 69 manufacturing sectors reported in the India Input-Output database for a recently available year which are further grouped into 17 sectors for comprehensiveness while also maintaining their distinguished technology categorization, the paper uses the classification in the Indian context. The four technology categories are assessed for their relative significance in terms of supporting employment, exports, imports and output of the manufacturing sectors. Also analyzed in the paper is the sector-level labour productivity, employment intensity, export intensity and import intensity based on the technology classification. The paper concludes with a broad recommendation in view of the increasing and pervasive use of technology across different parts of the world. In the Indian context, based on the analysis of the Indian manufacturing sectors, strategic interventions are suggested for better performance of the technology sectors and to minimize the frictions between technology and jobs in the future times. Proposals for investment in workforce development activities for effective job creation are discussed. |
| Keywords: | Manufacturing, technology-based classification, Low-tech, medium-tech, high-tech, India |
| JEL: | L6 O14 |
| Date: | 2024–03 |
| URL: | https://d.repec.org/n?u=RePEc:pra:mprapa:123142 |
| By: | Leogrande, Angelo; Arnone, Massimo; Costantiello, Alberto |
| Abstract: | The article reviews the linkage of banking credit with technological innovation at global level underlining that access to finance is important for and innovation. The domestic credit percentage involving the private sector to GDP allows projects of high risk but with a very high reward, projects that are key in increasing productivity and global competitiveness significantly. This paper explores that dynamic in infrastructure, creative industries, and greening technologies. Indeed, findings from such studies do show positive correlations, such as between credit and infrastructure development or creative exports, suggesting the capability of systems of finance to transform. These findings indicate the positive relationships that exist in some contexts, such as reduced R&D investment. Taking into account the ecological bottom line, this research underlines ecosystem-based strategies of banking, green credit, and poised financial regulations for sustainable development. Synthesizing into this paper provides actionable insight into how policy makers, financial institutions, and researchers can tap into the synergy between the financial system and innovation. |
| Date: | 2024–11–24 |
| URL: | https://d.repec.org/n?u=RePEc:osf:socarx:mnd4f |
| By: | Elias Julio; Depetris-Chauvin Nicolas; Ferro Gustavo; Gatti Nicolás; Villanueva Emiliano |
| Abstract: | Argentina is one of the latecomers as a wine exporter among New World producers. However, its insertion in the international market is steady in volume and improving in relative prices, indicating an increasing appreciation of its quality over time. Quality is essential for differentiating products and is intimately related to innovation. We use a new, unique microdata set of wineries in Argentina to quantitatively characterize the innovators’ approach to innovation. Based on the innovator type in the Argentine wine industry, we link these types with variables capturing critical decisions in the production process and variables capturing the winery's performance. We use innovator profiles defined by a questionnaire to estimate the impact of being an extremely conceptual innovator on export performance. We hypothesize that there are differences in export performance between different types of innovators. Using an Inverse Probability Weighting with Regression Adjustment (IPWRA) methodology, we find that being an extremely conceptual type of innovator is associated with larger shares of export volume and value. This research has implications for focusing on the types of innovators who succeed as international wine exporters. |
| JEL: | L66 O30 |
| Date: | 2024–11 |
| URL: | https://d.repec.org/n?u=RePEc:aep:anales:4729 |
| By: | Challoumis, Constantinos |
| Abstract: | Startups in artificial intelligence are transforming the landscape of the global economy, serving as laboratories of innovation and productivity. These enterprises are not merely creating new technologies; they are reimagining entire industries, driving efficiency, and enhancing human capabilities. In the 21st century, AI startups have emerged as pivotal players in bolstering economic growth, shaping labor markets, and influencing societal progress. This post explores into the remarkable impact of AI startups, exploring their role as catalysts for change and their implications for the future of economic development. |
| Keywords: | AI startups, economy, 21st Century, Economocracy, Cycle of Money |
| JEL: | B00 D00 D30 Z1 Z10 Z13 Z18 |
| Date: | 2024–12–09 |
| URL: | https://d.repec.org/n?u=RePEc:pra:mprapa:122923 |
| By: | Viral V. Acharya; Robert F. Engle III; Olivier Wang |
| Abstract: | We study how government policies and corporate commitments to decarbonize interact under two externalities: environmental damages and green innovation spillovers. Unconstrained carbon taxes and innovation subsidies could achieve first-best outcomes, but when government policies face constraints, commitments by large firms and institutional investors can serve as profit-driven coordination devices that spur green innovation and technology adoption, and thereby reduce overall transition costs. Firm commitments also enhance government policy credibility by lowering the need for high future carbon taxes. Our empirical evidence confirms that firm size and green common ownership drive Net Zero commitments and decarbonization investments. |
| JEL: | G3 H2 Q5 |
| Date: | 2025–01 |
| URL: | https://d.repec.org/n?u=RePEc:nbr:nberwo:33335 |
| By: | Mirdasse Samir (Université Ibn Zohr = Ibn Zohr University [Agadir]) |
| Abstract: | In an era of increasing digital transformation, human resource management (HRM) and performance management (PM) have become areas of major interest for organizations seeking to maximize their operational efficiency and competitiveness. This article proposes an innovative conceptual framework for understanding the complex interactions between digitalization, HR governance, and performance management. We address the challenge of adapting HR and performance management practices to the demands of digitalization, highlighting the need for strategic HR governance and data-driven performance management to fully leverage the benefits of digital transformation. In this study, our objectives are to define the key dimensions of digitalization, HR governance, and performance management, identify their interrelations, and develop a robust conceptual model to analyze these complex dynamics. To achieve this, we conducted an exhaustive literature review and conducted a thorough analysis of key concepts in this field. In terms of methodology, our research adopts a conceptual approach, drawing on existing theoretical frameworks and proposing an innovative synthesis of the concepts under study. The findings of our study shed light on the significant impact of digitalization on HR governance and performance management practices, as well as the challenges and opportunities associated with this transformation. In conclusion, our research provides new and insightful perspectives on the interactions between digitalization, HR governance, and performance management, emphasizing the importance of a strategic and integrated approach to addressing the challenges posed by the evolving digital landscape. We formulate recommendations for future research and managerial practice, highlighting the need to develop flexible and adaptive HR strategies and performance management systems to successfully navigate this rapidly changing environment. |
| Keywords: | Digitalization, Performance Management, HR Governance, Conceptual Framework, Conceptual Model |
| Date: | 2024–05–21 |
| URL: | https://d.repec.org/n?u=RePEc:hal:journl:hal-04853855 |