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on Knowledge Management and Knowledge Economy |
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Issue of 2009‒08‒16
five papers chosen by Laura Stefanescu European Research Centre of Managerial Studies in Business Administration |
| By: | Indu Rao |
| Abstract: | This paper presents findings from an extensive review of literature on organizational cultural (OC) and highlights the relevance of OC with respect to individual, organizational, intra-organizational, industry and external environment related variables. This paper presents a behavioral perspective on OC and contributes to its emerging dynamic aspect. A behavioral model of OC is suggested and propositions are drawn to explain the dynamics involved. |
| Keywords: | anthropology, sociology, organizational culture, OC, intr-organizational, industry, external environment, variables, behavioral model, model, organization, literature, |
| Date: | 2009 |
| URL: | http://d.repec.org/n?u=RePEc:ess:wpaper:id:2162&r=knm |
| By: | Kunal Dasgupta |
| Abstract: | We develop a dynamic, general equilibrium model to understand how multinationals affect host countries through knowledge diffusion. Workers learn from their managers and knowledge diffusion takes place through worker mobility. We identify two forces that determine wages : the labour demand effect and the learning effect. The former tends to raise wages while the latter tends to reduce it. We show that in a model without learning, an integrated steady-state equilibrium in which incumbent host country managers operate alongside multinationals, can never be a Pareto improvement for the host country. In contrast, we present a novel mechanism through which a Pareto improvement occurs in the presence of learning dynamics. We study how integration affects the life time earnings of agents and the degree of inequality in the host country, as well as, analyze the pattern of multinational activity. In the quantitative section of the paper, we calibrate our model to fit key moments from the U.S. wage distribution and quantify gains from integration. Our estimates suggest that learning produces welfare gains that range from 2% for middle-income countries to 43% for the low-income countries. |
| Keywords: | Multinationals, knowledge di¤usion, learning, welfare gains, worker mobility |
| JEL: | F23 |
| Date: | 2009–07–30 |
| URL: | http://d.repec.org/n?u=RePEc:tor:tecipa:tecipa-364&r=knm |
| By: | Elina Berghäll |
| Abstract: | Low aggregate investment in Finland has been argued to merely reflect structural change to an innovation economy, with high R&D levels adequately compensating for reduced physical investment. This paper briefly reviews the issues and discusses the severity and persistence of the shortage. Immaterialization of investment clearly plays a role and outward FDI crowds out domestic investment to some extent. Yet, we find no obvious explanation to low investment in the real economy relative to other western economies, since Finland fares rather well in multi-factor productivity and country risk and the supply of capital abode before the onset of the global crisis. We conclude that if investment was low when capital flew abundantly to any potentially high return end, it will most certainly be seriously damaged by the repercussions of the present global financial crisis. R&D and other intangible investment may not be able to compensate, if other factors, such as exchange rate policies, act against them and long-term growth prospects are generally bleak. |
| Keywords: | Investment, R&D, productivity, structural change, high-technology |
| JEL: | H50 F21 O38 E22 |
| Date: | 2009–06–10 |
| URL: | http://d.repec.org/n?u=RePEc:fer:wpaper:6&r=knm |
| By: | Isabel Pizarro (Department of Business Administration, Universidad Pablo de Olavide); Juan C.Real (Department of Business Administration, Universidad Pablo de Olavide); M.Dolores de la Rosa (Department of Business Administration, Universidad Pablo de Olavide) |
| Abstract: | The objective of the present study is to analyze the role played by the entrepreneurial culture of the organization and the value and uniqueness of employees’ knowledge (human capital) in generating innovation. This research has been conducted with a sample of companies in the most innovative sectors of Spanish industry, applying the Partial Least Squares (PLS) technique. The results demonstrate significant relationships between innovation and the two dimensions of the human capital .We have also found that entrepreneurial culture acts as a moderating variable between human capital and innovation, in the way that employees of high value generate more innovation in the presence of this type of culture. |
| Keywords: | Innovation; human capital; entrepreneurial culture |
| Date: | 2009–06 |
| URL: | http://d.repec.org/n?u=RePEc:pab:wpbsad:09.02&r=knm |
| By: | Pasnicu, Daniela (Universitatea Spiru Haret, Facultatea de Marketing si Afaceri Economice Internationale); Cismigiu, Magda (INCSMPS); Dragoiu, Codruta (INCSMPS) |
| Abstract: | In line with the EU's goal of becoming a knowledge-based society, education and lifelong learning will also feature prominently on the agenda of the European Year. EU should use the current economic crisis to develop strategic goals both at European and national level and improve conditions for creativity and innovation. The Member States must invest more in the human capital in order to provide good tools to overcome environmental challenges. The target of the paper is to emphasize the importance of investing in education, long life learning and the change management, even if we are passing a crisis period. The paper includes an analyze of the current economic context; the base education and long life learning as concept, progresses, importance and measures for their improvement and some elements regarding change management for a better adaptability of the people and companies. |
| Keywords: | knowledge-based society; education and lifelong learning |
| JEL: | I20 I21 J21 J24 |
| Date: | 2009–08–03 |
| URL: | http://d.repec.org/n?u=RePEc:ris:sphedp:2009_060&r=knm |