|
on Knowledge Management and Knowledge Economy |
|
Issue of 2011‒10‒01
three papers chosen by Laura Stefanescu European Research Centre of Managerial Studies in Business Administration |
| By: | Ortega-Argilés, Raquel (IN+ Center for Innovation); Piva, Mariacristina (Università Cattolica del Sacro Cuore); Vivarelli, Marco (Università Cattolica del Sacro Cuore) |
| Abstract: | The purpose of this study is to investigate the relationship between a firm's R&D expenditures considered as an investment in knowledge, and its productivity, looking at sectoral peculiarities which may emerge; to this end, we use a large unique longitudinal database consisting of 1,809 US and European manufacturing and service firms over the period 1990-2008, for a total of 16,079 observations. Our main findings can be summarised as follows: knowledge stock has a significant positive impact on a firm's productivity, with an overall elasticity of about 0.10; this general result is largely consistent with findings presented in previous literature in terms of the sign, the significance and the estimated magnitude of the relevant coefficient. More interestingly, the coefficient turns out to be significantly larger in the service and high-tech sectors than in the non-high-tech manufacturing sectors. These outcomes suggest that firms in high-tech sectors are still ahead in terms of the impact on productivity of their R&D investments; moreover, a shift in favour of the service sectors seems to emerge. |
| Keywords: | R&D, productivity, knowledge stock, panel data |
| JEL: | O33 L25 |
| Date: | 2011–09 |
| URL: | http://d.repec.org/n?u=RePEc:iza:izadps:dp5975&r=knm |
| By: | Magdalena, Olczyk; Marzena , Starnawska; Izabela, Richter |
| Abstract: | In the article the authors present the factors that foster cooperation among SMEs and other market actors. Also, an attempt was made to present how these market actors work together. In addition, analysis of the impact of cooperation on innovation in business has been done |
| Keywords: | innovation; SME; cooperation |
| JEL: | O31 D01 |
| Date: | 2011 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:33654&r=knm |
| By: | Lepratte, Leandro |
| Abstract: | From an Latin American perspective, a framework has been developed with input from social studies of technology (SST) and the complex systems evolutionary economics (EE) to address issues related to innovation processes, technological change and development in this region. The framework operates under assumptions of middle-range theory, bounded field-oriented problems, making combinations of concepts and generating an explanatory framework. The framework states: simplicity in the selection of concepts (convergent), specificity to understand and describe the dynamics, trajectory, joints and configurations of socio-technical systems of production and innovation. Finally, it provides a perspective of generality and scope, an explanatory model (medium range) that incorporates the contributions of empirical research generated in the political debate about development in the region. Raised in the working paper presented in paragraph 1, the contributions of the social studies of technology and evolutionary economics of complex systems to be used in the framework. Paragraph 2 sets out the key concepts of the framework and the connection between them, together with the assumptions that structure it. In section 3 describes the concepts in the context of the functioning of socio-technical systems of production and innovation. Then as a closure raises some issues to address research problems specific to the Latin American context, where you can apply the methodological framework and the implications thereof. |
| Keywords: | innovation; development; sociotechnical systems; complex systems; evolutionary economics; STS |
| JEL: | P0 B0 A12 Z13 O3 A14 |
| Date: | 2011 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:33559&r=knm |