nep-knm New Economics Papers
on Knowledge Management and Knowledge Economy
Issue of 2021‒05‒31
four papers chosen by
Laura Ştefănescu
Centrul European de Studii Manageriale în Administrarea Afacerilor

  1. Cournot-Bertrand comparison under R&D competition: Output versus R&D subsidies By Chen, Jiaqi; Lee, Sang-Ho
  2. To what extent are the underlying concepts of integrated reporting applicable for hi-tech knowledge-based organizations? By Seyed Mirsadri; Frederique Bardinet Evraert; Serge Evraert
  3. Economic Growth through Worker Reallocation: The Role of Knowledge Spillovers By Eero Mäkynen
  4. Economic development, competitiveness and globalization in modern times By Santillán, Irma; Narro, Stephanie

  1. By: Chen, Jiaqi; Lee, Sang-Ho
    Abstract: This study compares Cournot and Bertrand firms with research and development (R&D) competition under government policies between output and R&D subsidies. We demonstrate that firms invest more (less) in R&D and the government grants more (less) subsidies under Cournot than Bertrand competition with output (R&D) subsidy policies. We also reveal that both competition modes yield the same welfare with output subsidy while Bertrand yields higher welfare than Cournot with R&D subsidy irrespective of product substitutability. Finally, we show that firms’ profits and social welfare are always higher under output subsidies in Cournot competition, while they can be higher under R&D subsidies in Bertrand competition if the product substitutability is high and the firm’s R&D investment is efficient.
    Keywords: Cournot; Bertrand; R&D investment; Output Subsidy; R&D subsidy
    JEL: H21 L13
    Date: 2021–05
  2. By: Seyed Mirsadri (IRGO - Institut de Recherche en Gestion des Organisations - Université Montesquieu - Bordeaux 4 - Institut d'Administration des Entreprises (IAE) - Bordeaux); Frederique Bardinet Evraert (IRGO - Institut de Recherche en Gestion des Organisations - Université Montesquieu - Bordeaux 4 - Institut d'Administration des Entreprises (IAE) - Bordeaux); Serge Evraert (IRGO - Institut de Recherche en Gestion des Organisations - Université Montesquieu - Bordeaux 4 - Institut d'Administration des Entreprises (IAE) - Bordeaux)
    Abstract: Purpose The purpose of this study is to examine the proper structure for the integrated reporting of hi-tech knowledge-based organizations (KBOs); in particular, the authors evaluate the appropriateness of the concept and elements of integrated reporting for hi-tech KBOs. Design/methodology/approach The study uses an exploratory sequential mixed-method approach, including an initial qualitative case study, then an instrument development phase (Delphi), and finally, a quantitative survey. Findings The resulting analysis concluded that hi-tech KBOs have the potential to prepare a simplified, integrated report. The organization overview, governance, business model, strategies and resource allocation, performance, opportunities and risks are the content elements relevant to be included in the hi-tech KBOs annual report. However, the organization's future outlook is not confirmed to be included. Due to liability and competitive concerns, organizations do not provide targets, forecasts, projections or even scenarios. Research limitations/implications Focus on a single country and a small sample of interviewees participated. Practical implications This paper concludes that the existing integrated reporting framework is useful for different types of organizations, but with some modifications. In addition, it analyzes how directors of Iranian hi-tech KBOs perceive and value content elements of integrated reporting. Social implications This paper suggests that the fulfillment of corporate transparency for Iranian hi-tech KBOs can be achieved by the policymaker's support on integrated reporting. Originality/value Iran is swiftly moving toward a knowledge-based economy, and hi-tech KBOs will become the powerhouse of the economy. It is important to understand how managers of Iranian hi-tech KBOs perceive and value integrated reporting. The previous practical studies are not focused on Iranian firms and the impacts of integrated reporting on hi-tech KBOs and its implementation and effectiveness had not been studied before.
    Keywords: Integrated reporting,Delphi technique,Exploratory sequential mixed method,Hi-tech knowledge-based organizations,IIRC framework,Hi-tech Knowledge-based Organizations,Integrated Reporting,Exploratory Sequential Mixed Method,Delphi Technique,IIRC Framework Integrated Reporting,IIRC Framework
    Date: 2021–04–02
  3. By: Eero Mäkynen (University of Turku, Finland.)
    Abstract: An establishment can improve its productivity by hiring workers from more productive establishments. Then, how important is worker reallocation for aggregate productivity growth? To study this question, I develop a general equilibrium model where knowledge transmits as workers reallocate from one job to another. The calibrated model suggests that the knowledge diffusion mechanism increases the aggregate productivity growth by 0.14 percentage points and enhances welfare. Additionally, the mechanism significantly amplifies the adverse effect of firing costs on aggregate outcomes.
    Keywords: knowledge diffusion, firm dynamics, worker reallocation, economic growth
    JEL: D24 E23 E24 J62 O33 O47
    Date: 2021–05
  4. By: Santillán, Irma; Narro, Stephanie
    Abstract: The study and analysis of various topics is presented, with the appropriate and formal structure of competitiveness indices in order to measure the elaboration of the Graduate School of Public Administration and Public Policy of the Monterrey Institute of Technology and Higher Studies. So that the international ones, these indices are characterized by using relevant information according to the topics to be investigated, also eight studies have been published in the last 18 years, on the other hand there is another analysis of national competitiveness that is presented annually by the company regional consultant which provides information to make decisions through its systemic competitiveness index of the federal entities. Thus, alliances between micro-enterprises increase certain elements such as skills, purchasing power and experience; on the other hand, costs in shared purchases are reduced which generate significant savings in the acquisition of inputs and disparities in regional development in Tamaulipas, Mexico, however, it promotes perspectives on globalization that equate it to the process of economic internationalization, not However, from a functional perspective, Scholte and Dicken maintain that globalization gives rise to processes that are qualitatively different from internationalization. Mexico promotes university social service as a strategy of continuous improvement through experience. It has also developed a series of studies on this situation, one of the most important is that of persons with disabilities in Mexico, a census vision, in which it presents specific characteristics and current statistics of this condition, according to data from 2007, Mexico is located in the category of high human development, very close of countries like Uruguay and Chile and staying above Latin American countries like Brazil and Peru. The international organization for standardization mentions that in the reference framework introduced in the iso 14001 standard, there are clauses that increase some benefits to current and new users, supporting them to understand more fully the importance of a system approach.
    Keywords: Acquisition, organization, indices, economics, statistics, focus.
    JEL: A1
    Date: 2020–05–19

This nep-knm issue is ©2021 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.
General information on the NEP project can be found at For comments please write to the director of NEP, Marco Novarese at <>. Put “NEP” in the subject, otherwise your mail may be rejected.
NEP’s infrastructure is sponsored by the School of Economics and Finance of Massey University in New Zealand.