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on Economics of Strategic Management |
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Issue of 2025–09–08
seven papers chosen by João José de Matos Ferreira, Universidade da Beira Interior |
| By: | Dohse, Dirk; Fehrenbacher, Sophia |
| Abstract: | African innovators typically suffer from severe resource constraints and need to develop strategies to cope with these constraints. This paper focusses on external knowledge sourcing and, in particular, on the role of cooperation as a means to compensate for missing resources. Findings suggest that domestic inter-firm coop eration is of outstanding importance for firm-level innovation in Nigeria, whereas cooperation with other partners (research institutions, foreign firms, consultants, or the government) has no sizable impact on the innovative performance of Nigerian firms. Moreover, we show that it is in particular young firms and firms suffering from financial constraints that benefit from cooperation, whereas foreign-owned firms benefit less. Our findings contribute to a better understanding of the drivers of firm-level innovation in sub-Saharan Africa and have important implications for firm strategies and innovation policy |
| Keywords: | Resource-constrained innovation, Knowledge sourcing, Inter-firm cooperation, Coactive learning, Africa |
| JEL: | D22 L25 O32 O36 O55 |
| Date: | 2025 |
| URL: | https://d.repec.org/n?u=RePEc:zbw:ifwkie:323982 |
| By: | Yassin Allammari (UAE - Abdelmalek Essaadi University [Tétouan] = Université Abdelmalek Essaadi [Tétouan]); Ahmed Taqi (UAE - Abdelmalek Essaadi University [Tétouan] = Université Abdelmalek Essaadi [Tétouan]); Nadir El Morabit (UAE - Abdelmalek Essaadi University [Tétouan] = Université Abdelmalek Essaadi [Tétouan]) |
| Abstract: | Drawing on the Resource-Based View and the Dynamic Capabilities Theory, this study aims to investigate the effect of entrepreneurial orientation on small and medium-sized enterprises (SME) performance. Additionally, it examines the mediating role of market orientation and learning orientation in the relationship between entrepreneurial orientation and SME performance. Finally, the study explores the sequential mediation effect of market orientation and learning orientation between entrepreneurial orientation and SME performance to understand how the joint mobilization of these strategic resources transforms entrepreneurial actions into superior organizational performance. This study adopts a quantitative approach, using convenience-based non-probability sampling to collect data from 113 managers of Moroccan SMEs operating across various sectors. The collected data are analyzed using Partial Least Squares Structural Equation Modeling (PLS-SEM) to test the proposed hypotheses. The results indicate that entrepreneurial orientation has a positive and significant direct effect on the performance of Moroccan SMEs. Furthermore, market orientation partially mediates the relationship between entrepreneurial orientation and SME performance. However, the mediating effect of learning orientation was found to be non-significant in the link between entrepreneurial orientation and SME performance. Finally, the study found the existence of a sequential mediation effect exerted by market orientation and learning orientation in the relationship between entrepreneurial orientation and SME performance. This study is the first to explore the sequential mediating role exercised jointly and successively by market orientation and learning orientation in the relationship between entrepreneurial orientation and SME performance. Notably, the entrepreneurial orientation of SME in Morocco has not been previously studied, offering a valuable contribution to the literature on emerging economies, which remains underexplored in entrepreneurial orientation research. Lastly, a surprising result emerges compared to previous studies: learning orientation does not play a mediating role between entrepreneurial orientation and performance, thus challenging the universality of this mechanism and opening new avenues for research into contextual factors, particularly in SMEs of developing countries. |
| Keywords: | Entrepreneurial Orientation, Market Orientation, Learning Orientation, Sequential Mediation, SME Performance, Structural Equation Modeling |
| Date: | 2025–06–25 |
| URL: | https://d.repec.org/n?u=RePEc:hal:journl:hal-05199204 |
| By: | Bairy, Gaurav Gopal; Raj, Prateek; Yayavaram, Sai |
| Abstract: | Productivity spillovers between firms are frequently viewed as an important source of firm productivity enhancement. In this study, we focus on vertically linked inter-industry spillovers and examine their two key characteristics: asymmetry between forward (upstream) and backward (downstream) spillovers and heterogeneity among firms in leveraging such spillovers. We estimate productivity of Indian firms using firm-level data and use Input-Output tables to identify vertical linkages at the industry level. Our findings show that productivity spillovers from upstream industries benefit all firms whereas spillovers from downstream industries primarily benefit productive firms. Furthermore, the impact of forward spillovers is higher for firms operating in less competitive industries and lower for foreign firms. These heterogeneous spillover effects are likely to slow convergence in firm productivity, providing additional justification for the persistence of firm-level differences in productivity levels. |
| Keywords: | productivity spillovers, vertical linkages, firm heterogeneity, industry competition, firm ownership |
| Date: | 2025 |
| URL: | https://d.repec.org/n?u=RePEc:zbw:cbscwp:324651 |
| By: | Cetin, Furkan |
| Abstract: | I examine how Accounting Standards Codification (ASC) 606 affects R&D alliance formations and innovation in the drug development industry. ASC 606 alters revenue recognition timing and increases disclosure requirements. I document that firms dependent on R&D alliance revenues accelerate revenue recognition and expand revenue-related disclosures following ASC 606 adoption. These concurrent changes reduce information asymmetry, both between firms and between managers and investors, but only when increased disclosure accompanies accelerated recognition. Consistent with these net reductions in information asymmetry, affected firms raise more equity capital and increase R&D investment. Notably, these firms, which historically acted as technology providers (principals), form more R&D alliances as technology acquirers (partners). Consequently, they exhibit higher innovation output, measured by new patents and drug candidates. This study identifies a specific mechanism through which accounting standards can stimulate innovation: reduced information asymmetry that facilitates strategic R&D alliance formation. |
| Keywords: | real effects; innovation; R&D Alliances; ASC 606; revenue recognition |
| JEL: | M40 |
| Date: | 2025–08–25 |
| URL: | https://d.repec.org/n?u=RePEc:ehl:lserod:129274 |
| By: | Zehra Usta; Martin Andersson; Katarzyna Kopczewska; Maria Kubara |
| Abstract: | A common proposition is that certain technologies play a catalytic role in regions by paving the way for the emergence of new related technologies, contributing to the development and diversification of technology clusters. This paper employs unsupervised machine learning algorithms with temporally informed association rule mining to identify catalytic patents in clusters in the UK. Using data spanning over 30 years (1980-2015) we show clear asymmetric relationships between patents. Some act as evident catalysts that drive future patent activity in clusters. The results point to a strong empirical relevance of asymmetric relatedness between patents in the development of clusters of technology. They also highlight the usefulness of machine learning algorithms to better understand the long-term evolution of clusters and show how temporally informed association rule mining can be used to analyses asymmetries in relatedness and to identify catalyst technologies. |
| Keywords: | clusters, innovation, cluster dynamics, technological relatedness, asymmetric relatedness, innovation catalysts, patents |
| JEL: | O31 O33 R12 |
| Date: | 2025–08 |
| URL: | https://d.repec.org/n?u=RePEc:egu:wpaper:2528 |
| By: | Fulvio Castellacci; Emil Evenhuis; Koen Frenken |
| Abstract: | The geography of innovation has focused on the roles of innovation for regional development understood in terms of income growth, productivity, and job creation. We propose a broader view on regional development using the framework of wellbeing developed in other disciplines. Following this perspective, we outline the possible roles and pathways through which innovation can contribute to well-being at various spatial scales and how, in turn, normative-political considerations regarding well-being provides directionality in innovation (policy) processes at spatial scales. |
| Keywords: | innovation, well-being, inequality, region, directionality |
| Date: | 2025–08 |
| URL: | https://d.repec.org/n?u=RePEc:egu:wpaper:2529 |
| By: | Hippolyte Lion da Silva Aguiar (AGIR - AGroécologie, Innovations, teRritoires - Toulouse INP - Institut National Polytechnique (Toulouse) - UT - Université de Toulouse - INP - PURPAN - Ecole d'Ingénieurs de Purpan - Toulouse INP - Institut National Polytechnique (Toulouse) - UT - Université de Toulouse - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement); Marie-Benoît Magrini (AGIR - AGroécologie, Innovations, teRritoires - Toulouse INP - Institut National Polytechnique (Toulouse) - UT - Université de Toulouse - INP - PURPAN - Ecole d'Ingénieurs de Purpan - Toulouse INP - Institut National Polytechnique (Toulouse) - UT - Université de Toulouse - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement); Pierre Labarthe (AGIR - AGroécologie, Innovations, teRritoires - Toulouse INP - Institut National Polytechnique (Toulouse) - UT - Université de Toulouse - INP - PURPAN - Ecole d'Ingénieurs de Purpan - Toulouse INP - Institut National Polytechnique (Toulouse) - UT - Université de Toulouse - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement) |
| Abstract: | Mission-oriented Innovation Systems (MIS) play a crucial role in policies for sustainability transitions, yet their development through bottom-up dynamics is not well understood. We mobilized innovation functions and Resources-Based-View approaches to investigate how a formal network in the agri-food sector developed as an MIS. Within the conceptual framework we built, innovation functions are entry points for understanding how collective action leads to resource sharing and building. This study investigates the FILEG association in southern France, created to promote the sustainable development of the regional legume value chain, involving over 70 actors. Data collected through desk research, a questionnaire, and interviews reveal diverse perceptions among members regarding the association's contributions to innovation functions. This raises questions about the collective's ability to achieve internal and external legitimacy and highlights the need for dialogue between MIS and institutional approaches, which could advance governance and coordination as a key innovation function in MIS. |
| Keywords: | Agri-Food Systems Transformation, Mission-Oriented Approach, Innovation Functions, Sustainability Transitions, Sustainable Value Chains |
| Date: | 2025–03–01 |
| URL: | https://d.repec.org/n?u=RePEc:hal:journl:hal-05217507 |