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on Knowledge Management and Knowledge Economy |
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Issue of 2010‒10‒16
eight papers chosen by Laura Stefanescu European Research Centre of Managerial Studies in Business Administration |
| By: | Michael Polder; George van Leeuwen; Pierre Mohnen; Wladimir Raymond |
| Abstract: | We propose a model where both R&D and ICT investment feed into a system of three innovation output equations (product, process and organizational innovation), which ultimately feeds into a productivity equation. We find that ICT investment and usage are important drivers of innovation in both manufacturing and services. Doing more R&D has a positive effect on product innovation in manufacturing. The strongest productivity effects are derived from organizational innovation. We find positive effects of product and process innovation when combined with an organizational innovation. There is evidence that organizational innovation is complementary to process innovation. |
| Keywords: | Innovation; ICT; R&D; Productivity |
| JEL: | L25 |
| Date: | 2010 |
| URL: | http://d.repec.org/n?u=RePEc:aal:abbswp:10-24&r=knm |
| By: | Fardad Zand; Cees van Beers |
| Abstract: | Despite the ubiquitous proliferation and importance of Enterprise Systems (ES), little research exists on their post-implementation impact on firm performance, especially in Europe. This paper provides representative, large-sample evidence on the differential effects of different ES types on performance of European enterprises. It also highlights the mediating role of innovation in the process of value creation from ES investments. Empirical data on the adoption of Enterprise Resource Planning (ERP), Supply Chain Management (SCM), Customer Relationship Management (CRM), Knowledge Management System (KMS), and Document Management System (DMS) is used to investigate the effects on product and process innovation, revenue, productivity and market share growth, and profitability. The data covers 29 sectors in 29 countries over a 5-year period. The results show that all ES categories significantly increase the likelihood of product and process innovation. Most of ES categories affect revenue, productivity and market share growth positively. Particularly, more domainspecific and simpler system types lead to stronger positive effects. ERP systems decrease the profitability likelihood of the firm, whereas other ES categories do not show any significant effect. The findings also imply that innovation acts as a full or partial mediator in the process of value creation of ES implementations. The direct effect of enterprise software on firm performance disappears or significantly diminishes when the indirect effects through product and process innovation are explicitly accounted for. The paper highlights future areas of research. |
| Keywords: | Enterprise Systems; ERP; SCM; CRM; KMS; DMS; IT Adoption; Post-implementation Phase; IT Business Value; Innovation; Firm Performance; Europe |
| Date: | 2010 |
| URL: | http://d.repec.org/n?u=RePEc:aal:abbswp:10-26&r=knm |
| By: | Kunal Dasgupta |
| Abstract: | We develop a two sector growth model to understand the relation between inequality and growth. Agents, who are endowed with different levels of knowledge, select either into a retail or a manufacturing sector. Agents in the manufacturing sector match to carry out production. A by-product of production is creation of ideas that spill over to the retail sector and improve productivity, thereby causing growth. Ideas are generated according to an idea production function that takes the knowledge of all the agents in a firm as arguments. We go on to study how an increase in the inequality of the knowledge distribution affects the growth rate. A change in the distribution not only affects the occupational choice of agents, but also the way agents match within the manufacturing sector. We show that if the idea generation function is sufficiently convex, an increase in inequality raises the growth rate of the economy. |
| Keywords: | Inequality, growth, idea generation, matching, knowledge |
| JEL: | O30 O40 O41 |
| Date: | 2010–09–30 |
| URL: | http://d.repec.org/n?u=RePEc:tor:tecipa:tecipa-411&r=knm |
| By: | Maja Vidović (Faculty of Economics and Business, University of Zagreb) |
| Abstract: | The paper investigates the link between the quality of knowledge management and financial performance of an organization, using the data from the research conducted in Croatia. The theoretical part of the paper presents the literature review on research concerning the link between knowledge management and financial performance. The empirical part of the paper investigates the before mentioned link using the quality of knowledge management success factors as a measure of knowledge management, and ROS and ROA as measures of organizational performance. Based on performed correlation tests, this research confirms that there is a link between knowledge management and financial performance. |
| Keywords: | knowledge management, knowledge management success factors, measuring knowledge management success factors, financial performance, Croatia |
| JEL: | M20 |
| Date: | 2010–09–22 |
| URL: | http://d.repec.org/n?u=RePEc:zag:wpaper:1003&r=knm |
| By: | Kunal Dasgupta |
| Abstract: | I develop a dynamic general equilibrium model to understand how multinationals affect host countries through knowledge diffusion. Workers in the model learn from their managers and knowledge diffusion takes place through worker mobility. Unlike in a model without learning, I present a novel mechanism through which an integrated equilibrium represents a Pareto improvement for the host country. I go on to explore other dynamic consequences of integration. The entry of multinationals makes the lifetime earning profiles of host country workers steeper. At the same time, if agents learn fast enough, integration creates unequal opportunities, thereby widening inequality. The ex-workers of foreign multinationals also found new firms which are, on average, larger than the largest firms under autarky. |
| Keywords: | Multinationals, knowledge diffusion, learning, worker mobility, Pareto improvement, spin-offs. |
| JEL: | F15 F23 F40 |
| Date: | 2010–09–30 |
| URL: | http://d.repec.org/n?u=RePEc:tor:tecipa:tecipa-410&r=knm |
| By: | Lucia Foster; Cheryl Grim |
| Abstract: | Innovation drives economic growth and productivity growth, and as such, indicators of innovative activity such as research and development (R&D) expenditures are of paramount importance. We combine Census confidential microdata from two sources in order to examine the characteristics of the top R&D performing firms in the U.S. economy. We use the Survey of Industrial Research and Development (SIRD) to identify the top 200 R&D performing firms in 2003 and, to the extent possible, to trace the evolution of these firms from 1957 to 2007. The Longitudinal Business Database (LBD) further extends our knowledge about these firms and enables us to make comparisons to the U.S. economy. By linking the SIRD and the LBD we are able to create a detailed portrait of the evolution of the top R&D performing firms in the U.S. |
| Date: | 2010–09 |
| URL: | http://d.repec.org/n?u=RePEc:cen:wpaper:10-33&r=knm |
| By: | Álvaro Santos Pereira; Pedro Lains |
| Abstract: | This paper surveys the main features of Portuguese economic growth in the last half century, with a particular emphasis on the period after the return to democracy in 1974. It shows that significant structural change and capital deepening were the chief sources of growth in the Portuguese economy until the mid 1970s. From then onwards, human capital accumulation and productivity growth were the main reasons behind Portugal’s economic fortunes. Growth declined between these two phases, as in the rest of Europe. In Portugal, it slowed further after 1990. After surveying the main causes of the slowdown of the Portuguese economy in the last decade, Portugal’s main human capital indicators are compared to other European and OECD economies. While Portugal has made a remarkable transition from an agrarian society to an industry- and service-based economy, the country still has not been able to successfully move on to a knowledge-based economy. Such a transition, however, is instrumental to spur economic growth on and to improve productivity. |
| Keywords: | Economic policies, Economic growth, Human Capital, Portugal |
| JEL: | N14 O43 O52 |
| Date: | 2010–10 |
| URL: | http://d.repec.org/n?u=RePEc:cte:whrepe:wp10-09&r=knm |
| By: | Geuna Aldo; Bodas Freitas Isabel Maria; Rossi Federica (University of Turin) |
| Abstract: | This analysis is based on a representative sample of firms in the Italian region of Piedmont, and investigates the nature and intensity of collaborations between regional firms and universities in different locations. It contributes to the literature on university industry knowledge transfer in investigating institutional collaborations, typically mediated by the university through its administrative structures such as departments or dedicated units such as technology transfer offices, and contractual personal collaborations between firms and individual academics, involving formal and binding contractual agreements, but carried out without the direct involvement of the university.We explore and compare the characteristics of firms involved in these two different governance forms of knowledge transfer, with those of firms that do not collaborate with universities. Our analysis shows that firms that use contractual personal collaborations are generally smaller and more often interested in the acquisition of external embodied and disembodied knowledge and open innovation strategies. |
| Date: | 2010–07 |
| URL: | http://d.repec.org/n?u=RePEc:uto:labeco:201013&r=knm |