nep-knm New Economics Papers
on Knowledge Management and Knowledge Economy
Issue of 2017‒06‒04
seven papers chosen by
Laura Ştefănescu
Centrul European de Studii Manageriale în Administrarea Afacerilor

  1. University-Industry R&D Collaboration as an Engine of Firm Growth? An empirical evaluation of knowledge cluster policies in Japan (Japanese) By OKAMURO Hiroyuki; IKEUCHI Kenta
  2. Regional Differentiation of Information Infrastructure in Poland in the Context of Building a Knowledge-Based Economy By Wioletta Wierzbicka
  3. Police Human Resource Policy in the Lodz region as a determinant of knowledge and organization’s effective operation By Joanna Luczak
  4. Knowledge management models as a source of employee and organization’s efficiency By Ewa Stroinska; Justyna Trippner - Hrabi
  5. Endogenous Recombinant Growth and Intellectual Property Rights By Marchese, Carla; Marsiglio, Simone; Privileggi, Fabio; Ramello, Giovanni B.
  6. Intangible Capital and the Choice of External Financing Sources By HOSONO Kaoru; TAKIZAWA Miho
  7. The role of intellectual capital in building a competitive advantage by enterprises from the transport, shipping and logistics industry (TSL) By Michal Igielski

  1. By: OKAMURO Hiroyuki; IKEUCHI Kenta
    Abstract: University-industry research and development (R&D) collaboration has been attracting much attention as an effective means to promote innovation. Also in Japan, public support has been provided to such local R&D collaboration through cluster policies. However, no empirical evaluation has been made using micro data regarding the Ministry of Education, Culture, Sports, Science and Technology (MEXT)'s knowledge cluster policies, which are comparable to those in Europe. Thus, using micro data from public statistics and fixed effect panel estimation, this paper empirically examines the direct effects of these cluster policies on R&D expenditures of cluster universities and firms, on the business performance (including sales growth and productivity) of participating firms, as well as their spillover effects on all manufacturing plants in cluster regions. Estimation results show that after cluster participation, 1) universities and research institutes significantly increased internal and external research expenditures and research funding from private firms, 2) participating firms' business performance did not significantly improve, and 3) manufacturing plants in cluster areas did not significantly increase labor productivity except for smaller ones with less than 50 employees, compared to their counterparts that did not participate in these clusters. These results suggest that MEXT's cluster policies promoted university-industry R&D collaboration, which, however, did not induce overall growth of participating firms' and local manufacturers' productivity.
    Date: 2017–05
  2. By: Wioletta Wierzbicka (University of Warmia and Mazury in Olsztyn, Poland)
    Abstract: Information infrastructure creates the key infrastructure of the knowledge-based economy. The widespread use of information and communication technologies contributes not only to the increased efficiency of individual economic entities, but also to the possibilities of enhancing the entire economy. Information infrastructure is also a significant determinant in the development of territorial units, and therefore, it influences the regional dimension of building knowledge-based economy in Poland. The purpose of the study was the evaluation of the regional differentiation of the level of information infrastructure in Poland, and changes which occurred in this respect between 2010 and 2015. The following research hypothesis was formulated: Regional differentiation of the level of information infrastructure in Poland is decreasing, i.e. a regional convergence process is taking place in this respect. The study was performed at the regional NUTS II level. Taxonomic methods, including linear ordering based on a synthetic variable and a method of grouping linearly-ordered objects, were used. The regional differentiation of the level of information infrastructure in Poland is at an average level, whereas the scale of this differentiation has slightly decreased. This may be confirmed by the value of the variation coefficient, which fell from the level of 17.6% in 2010 to the level of 14.4% in 2015. The regional convergence with respect to the level of information infrastructure in Poland was accompanied by the internal convergence and divergence of provinces. In consequence of such processes, the position of individual provinces with respect to others, has changed quite significant. Into the group of provinces with a very high ICT level were classified three provinces: Mazowieckie, Dolnoslaskie and Pomorskie. The group of provinces with very low ICT level includes: Lubelskie, Swietokrzyskie and Zachodnipomorskie.
    Keywords: information infrastructure, regional differentiation, knowledge-based economy
    JEL: O30 O33 R11
    Date: 2017–05
  3. By: Joanna Luczak (University of Social Sciences in Lodz)
    Abstract: Human capital is the driving force of an organization that has a significant impact on its development and effective operation. The success of the organization depends to a great extent on its social potential. Successful recruitment ensures that the best employees ensure high quality work, which respectively translates into organizational development and competitiveness (Oleksyn 2010, pp. 34-36). The development of the organization is based on knowledge acquisition, skills and raising qualifications by its members. The aim of the paper is to analyze the conditionings related to the management of the police organizational units, which influence the appropriate recruitment of police officers for particular positions. The publication also attempts to investigate the importance of appropriate recruitment for the effectiveness of actions taken by police officers. The article presents issues exemplifying the analysis of human resource management in the field of human resource policy playing an important role in Police. The empirical part of the article was based on an analysis of the subject literature and police internal materials, but also on the basis of participant observation and expert interview. The paper presents an analysis of the recruitment process of police officers for vacant posts in Police units of the Lodz Region, introduced by the Human Resource Policy Concept. Although the Police was established to protect citizens’ security and public order, its development and effective functioning are needed to further serve society. In order to do this, it is indispensable to recruit and employ proper and competent workers. Therefore, the recruitment and selection process is so significant.
    Keywords: public management; human resource management; police, recruitment; selection
    JEL: D73 D78
    Date: 2017–05
  4. By: Ewa Stroinska (University of Social Sciences, Poland); Justyna Trippner - Hrabi (University of Lodz, Poland)
    Abstract: Knowledge management in an organization is a new and less explored area in business literature and business practice. The scope of changes to enterprises influenced by competitive environment forces them to continuous seeking new ways of achieving the success. So-called intangible development factors start to be extremely meaningful – especially knowledge, consciously gained, created and disseminated through diversified methods aimed at shaping employees’ appropriate behaviours and developing information technology, which succours this process. Applying this approach requires the proper preparation of the organizational background and the system operation allowing the selection of a specific model. There are a lot of knowledge management models for organisation’s decision-makers to be able to manage the resources properly and skilfully. The aim of the article is to present the significance of knowledge management models' use in modern organizations. The authors constructed 2 main research questions for which they sought answers within the collection of empirical material: What are the main knowledge management models used in a company? And How can models influence the effectiveness of a organization? The following research hypothesis has been constructed: In practice management has not yet developed appropriate models for evaluating and diagnosing the impact of models on the effectiveness of business decisions. The empirical material was collected by means of a qualitative method and the technique used was a secondary analysis of the existing data in the form of thematic sources. The results of the review of the literature of the subject are presented as a synthetic description. Literary research was conducted at the turn of 2016 and 2017. Added value is a review of existing models that can be used in management practice.
    Keywords: management, organization, effectiveness, knowledge management models
    JEL: O00
    Date: 2017–05
  5. By: Marchese, Carla; Marsiglio, Simone; Privileggi, Fabio; Ramello, Giovanni B.
    Abstract: We show that, even in a framework in which monopolistic exploitation of patents does not occur, patents still give rise to serious drawbacks. We build on Weitzman’s (1998) recombinant growth model which provides a stylized but clear description of the formation of knowledge externalities. In our framework a benevolent government buys immediately new patents in a competitive market and releases their contents for free. We show that inefficiencies nevertheless arise and welfare can be improved by correcting the market price through a tax-subsidy scheme. We characterize the (asymptotic) steady state equilibrium, and some properties of the transitional path. We show that if certain conditions are met, then the economy will converge to its (asymptotic) balanced growth path, and along such a path growth will be independent of the policy parameter; conversely, transition dynamics are affected by the choice of the policy parameter. We then quantitatively analyze the effect of different policy interventions on welfare, and show that stricter tax (weaker appropriability) regimes lead to higher social welfare.
    Date: 2017–05
  6. By: HOSONO Kaoru; TAKIZAWA Miho
    Abstract: Using a dataset of Japanese listed firms from 2002 to 2013, we examine how firms' asset structure in terms of the ratio of intangible to tangible capital is related to their choice of financing sources among bank loans, equity issues (seasoned equity offerings: SEO), and bond issues. We further investigate how the choice of financing is related to post-financing investment in tangible and intangible capital. We find that firms with higher intangible capital ratios are more likely to choose equity issuance and less likely to choose loans than bond issues. Using propensity score matching and difference-in-differences approach (PSM-DID), we further find that firms that chose loans invest less in intangible capital than those that did not. Finally, we also obtain results that are consistent with a number of existing theories on capital structure such as the market timing (mispricing) hypothesis on equity issuance, the tradeoff and the pecking order hypotheses on debt and equity, and the holdup hypothesis on bank loans.
    Date: 2017–05
  7. By: Michal Igielski (Gdynia Maritime University, Poland)
    Abstract: The modern economy is characterized by use changes. They appear very quickly and unexpectedly. This is a situation which impedes the functioning of companies and it is a challenge for the people managing them. They have to meet new challenges and adapt to changing competitive conditions, which are associated with the processes of globalization and knowledge-based economy. Therefore, the aim of this article is to define the role of intellectual capital in companies with TSL branch in building competitive advantage. In addition, the author attempts to assess the facts of intellectual capital management in the surveyed enterprises and it will identify the barriers that accompany this process. Founded research objectives will be realized an analysis of available sources of theoretical and conducted by the author, in 2016 (100 companies with TSL from Baltic Sea Region). The study was prepared as a general survey, which describes the company and individual interviews conducted with representatives of the boards of companies and their managers (for a total of 400 people). After analyzing all the material you see the role of intellectual capital in building a competitive advantage in the surveyed entities. Especially in activities related to the improvement of the quality of services / products and the efficiency of employees. It also turned out that business owners know how important it is for them the capital and they also know the barrier implementation of this concept - the main are: the capital is not their property.
    Keywords: intellectual capital, logistics, shipping and transport industry (TSL), competitive advantage
    JEL: D41 D83 L10 M12 O15 O34
    Date: 2017–05

This nep-knm issue is ©2017 by Laura Ştefănescu. It is provided as is without any express or implied warranty. It may be freely redistributed in whole or in part for any purpose. If distributed in part, please include this notice.
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