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on Knowledge Management and Knowledge Economy |
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Issue of 2012‒11‒17
seven papers chosen by Laura Stefanescu European Research Centre of Managerial Studies in Business Administration |
| By: | Kourtit, K.; Nijkamp, P.; Vught, F. van; Vulto, P. |
| Date: | 2012 |
| URL: | http://d.repec.org/n?u=RePEc:dgr:vuarem:2012-7&r=knm |
| By: | Stephan, Andreas (Jönköping International Business School, CESIS Stockholm, DIW Berlin) |
| Abstract: | The purpose of the paper is to analyze whether research spin-offs, that is, spinoffs from either research institutes or universities, have greater innovation capabilities than comparable knowledge-intensive firms created in other ways. Using a sample of about 1,800 firms from high-innovative sectors, propensity score matching is used to create a sample of control firms that are comparable to the group of spin-offs. The paper provides evidence that the investigated 123 research spin-offs have more patent applications and more radical product innovations on average compared to similar firms. The results also show that research spin-offs’ superior innovation performance can be explained by their high level of research cooperation activities and by location effects. Being located in an urban region and proximity to parent institutions is conducive for innovation productivity. |
| Keywords: | Spin-Offs; Innovation Performance; Propensity Score Matching; Locational Factors; Cooperation |
| JEL: | M13 O18 R30 |
| Date: | 2012–11–05 |
| URL: | http://d.repec.org/n?u=RePEc:hhs:cesisp:0287&r=knm |
| By: | Bernard Dussuc (EA3713 - Centre de Recherche Magellan - Université de Lyon - Université Jean Moulin - Lyon III); Sébastien Geindre (CERAG - Centre d'études et de recherches appliquées à la gestion - CNRS : UMR5820 - Université Pierre Mendès-France - Grenoble II) |
| Abstract: | Les pôles de compétitivité constituent un outil aux services des entreprises qui les composent, à savoir essentiellement des PME. Ils se doivent de favoriser le développement de l'innovation et donc la performance des organisations membres. Nous nous attacherons à envisager comment un pôle de compétitivité peut aborder cette mission première portant sur l'innovation. Pour traiter de cette question essentielle pour les PME, nous reprendrons les travaux relatifs au courtage de connaissances. Le recours à un courtier de connaissances (" knowledge broker ", défini par Hargadon, 1998) est présenté comme une voie praticable et adaptée pour favoriser le développement de l'innovation. La structure d'animation d'un pôle de compétitivité peut-elle agir comme un véritable courtier en connaissances au profit des entreprises qui compose ce pôle ? Nous nous appuierons sur une étude réalisée pour le compte du pôle de compétitivité de la plasturgie, à savoir Plastipolis. L'enquête qualitative présentée permettra d'appréhender le rôle tenu par la structure d'animation du pôle et l'éventuelle activité de courtage de connaissances mise en oeuvre. |
| Keywords: | stratégie, innovation, accompagnement, conseil, pôle de compétitivité. |
| Date: | 2012 |
| URL: | http://d.repec.org/n?u=RePEc:hal:journl:halshs-00747914&r=knm |
| By: | Alexander Monge-Naranjo |
| Abstract: | This paper constructs a model to examine the impact of foreign firms on a developing Country’s own accumulation of entrepreneurial knowledge. In the model, entrepreneurial skills are built up on the basis of productive ideas that diffuse internally (at the inside of firms) and externally (spillovers.) Openness to foreign firms enhances the aggregate exposure to ideas but also reduces the returns to investing in entrepreneurial skills. When externalities are present, openness can be welfare reducing. However, regardless of the relative importance of externalities, simple quantitative exercises suggest that the gains of openness are positive and can be large. |
| Keywords: | International business enterprises ; Technology - Economic aspects |
| Date: | 2012 |
| URL: | http://d.repec.org/n?u=RePEc:fip:fedlwp:2012-055&r=knm |
| By: | Parrotta, Pierpaolo (Aarhus School of Business); Pozzoli, Dario (Aarhus University); Pytlikova, Mariola (Aarhus School of Business) |
| Abstract: | In this paper we investigate the nexus between firm labor diversity and innovation using a linked employer-employee data from Denmark. Specifically, exploiting information retrieved from this comprehensive database and implementing proper instrumental variable strategies, we are able to identify the contribution of workers' diversity in cultural background, education and demographic characteristics to valuable firm's innovation activity. The latter is measured by: (1) the firm's propensity to apply for a patent, (2) the number of patent applications (intensive margin) and (3) the firm's ability to patent in different technological areas (extensive margin). We find that ethnic diversity plays an important role in propelling firm's innovation outcomes. |
| Keywords: | labor diversity, ethnic diversity, patenting activity, extensive and intensive margins |
| JEL: | J15 J16 J24 J61 J82 O32 |
| Date: | 2012–10 |
| URL: | http://d.repec.org/n?u=RePEc:iza:izadps:dp6972&r=knm |
| By: | A. Arrighetti; F. Landini; A. Lasagni |
| Abstract: | We study the adoption of different intangible investment strategies in manufacturing firms. Contrary to most of the previous literature, we find such strategies to be highly differentiated. In particular we identify three types of investment behaviour: high and persistent, low and persistent, discontinuous. Using as a reference the capability-based view of the firm, we define and provide support for a set of hypotheses on the determinants of such behaviours. We obtain the following results: first, absorptive capacity led by R&D expenditures is a key competence in sustaining the adoption of an intangible investment strategy, which may be either persistent or discontinuous; second, the implementation of a persistent intangible investment strategy necessarily requires specific investments in the quality of human resources to be made; third, firms with a greater propensity to operate in international markets are more likely to adopt a persistent intangible investment strategy than they are to adopt a discontinuous one; fourth, firms that undertake a growth path that is based on highly uncertain demand segments and high organisational flexibility are likely to adopt a discontinuous intangible investment strategy; and five, the historical intangible asset base represents an important constraint on firms’ investment behaviour. |
| Keywords: | : intangibles, firm behaviour, asset accumulation, organisational capabilities, R&D, investment strategy |
| JEL: | D22 L21 L25 O32 |
| Date: | 2012 |
| URL: | http://d.repec.org/n?u=RePEc:par:dipeco:2012-ep05&r=knm |
| By: | Franklin Allen |
| Abstract: | There is a fair amount of evidence that financial innovations are sometimes undertaken to create complexity and exploit the purchaser. Thus financial innovation does have a dark side. As far as the financial crisis that started in 2007 is concerned, securitization and subprime mortgages may have exacerbated the problem. However, financial crises have occurred in a very wide range of circumstances, where these and other innovations were not important. There is evidence that in the long run financial liberalization has been more of a problem than financial innovation. There are also many financial innovations that have had a significant positive effect. These include venture capital and leveraged buyout funds to finance businesses. In addition, financial innovation has allowed many improvements in the environment and in global health. On balance it seems likely its effects have been positive rather than negative. |
| Date: | 2012–10 |
| URL: | http://d.repec.org/n?u=RePEc:dnb:dnbwpp:355&r=knm |