nep-ppm New Economics Papers
on Project, Program and Portfolio Management
Issue of 2007‒10‒27
two papers chosen by
Arvi Kuura
Parnu College - Tartu University

  1. The Impact of Research Grant Funding on Scientific Productivity By Brian Jacob; Lars Lefgren
  2. Subsidiary strategy: The embeddedness component By Garcia-Pont, Carlos; Canales, Juan I.; Noboa, Fabrizio

  1. By: Brian Jacob; Lars Lefgren
    Abstract: In this paper, we estimate the impact of receiving an NIH grant on subsequent publications and citations. Our sample consists of all applications (unsuccessful as well as successful) to the NIH from 1980 to 2000 for postdoctoral training grants (F32s) and standard research grants (R01s). Both OLS and regression discontinuity estimates show that receipt of either an NIH postdoctoral fellowship or research grant leads to about one additional publication over the next five years. The estimates represent about 20 and 7 percent increases in research productivity for F32 and R01 recipients respectively. The limited research impact of NIH grants may be explained in part by a model in which the market for research funding is competitive, so that the loss of an NIH grant simply causes researchers to shift to another source of funding.
    JEL: H0 H51 I1 I12 I18 O3 O38
    Date: 2007–10
  2. By: Garcia-Pont, Carlos (IESE Business School); Canales, Juan I. (University of St. Andrews); Noboa, Fabrizio (USFQ Business School)
    Abstract: This paper inductively derives a model that develops the concept of subsidiary embeddedness as the canvas within which subsidiary strategy can take place. Our model identifies three hierarchical levels of embeddedness: Operational embeddedness relates to the interlocking day-to-day relations. Capability embeddedness deals with the development of competitive capabilities for the multinational as a whole. Strategic embeddedness deals with subsidiary participation in the MNC strategy setting. We deem these three types of embeddedness as ways to develop subsidiary strategic alternatives. In as such, different types of subsidiary embeddedness imply different subsidiary roles. Embeddedness, as it was inductively derived from a revelatory case study, is not merely an outcome of the institutional setting, but a resource a subsidiary can manage by means of manipulating dependencies or exerting influence over the allocation of critical resources. A subsidiary can modify its embeddedness to change its strategic restraints. Therefore, the development of subsidiary embeddedness becomes an integral part of subsidiary strategy.
    Keywords: Multinational management; subsidiary; strategy; organization;
    Date: 2007–07–09

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