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on Economics of Strategic Management |
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Issue of 2008‒07‒30
six papers chosen by Joao Jose de Matos Ferreira University of the Beira Interior |
| By: | Squicciarini, Mariagrazia; Loikkanen, Torsti |
| Abstract: | The present volume aims to provide a comprehensive and systemic overview of the challenges that going global poses to knowledge based economies. Its focus is four-fold. 1) Firstly, it investigates why companies, especially high-tech firms, go global, i.e. which are the drivers that push companies to locate – R&D facilities in particular – elsewhere than in the home country. The analysis of the competitive advantages that enterprises seek in the host countries also includes the new techno-economic geography that emerges. Attention is devoted to the time frame of these phenomena and to features such as the development stage of the home and host country, the characteristics of both firms and industries, and the Product Life Cycle of the latter. 2) Secondly, it analyses the impact that the various corporate relocation phenomena might have on intellectual capital, innovative output and the labour market, and growth and development. (Re)locating in fact impacts on knowledge creation, exploitation – including the use of IPRs – , absorption, circulation and spillovers. In turn, these play a fundamental role in shaping the productivity, competitiveness, and ultimately growth and development of both enterprises and countries. 3) Thirdly, it addresses the questions of if and to what extent the current and prospective global dynamics call for new types of governance. Such a need arises if different policy domains have to converge towards common strategic welfare enhancing objectives. Attention is also devoted to the various policies put in place by small open economies that ‘go global’, such as Finland. 4) Fourthly, it addresses the sustainability aspects of going global by investigating how to better share the social, economical and ecological benefits and responsibilities arising from globalisation, technological change, and innovation. It analyses the impact that globalisation and the knowledge-based paradigm might have on both developed and developing countries. |
| Keywords: | R&D; innovation; outsourcing; offshoring; knowledge spillovers |
| JEL: | O38 O34 O32 O33 |
| Date: | 2008–06 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:9663&r=cse |
| By: | Rammer, Christian; Schmiele, Anja |
| Abstract: | This paper investigates the drivers and the effects of the internationalisation of innovation activities in SMEs based on a large data set of German firms covering the period 2002-2007. We look at different stages of the innovation process (R&D, design, production and sales of new products, and implementation of new processes) and explore the role of internal resources, home market competition and innovationrelated location advantages for an SME’s decision to engage in innovation activities abroad. By linking international innovation activities to firm growth in the home market we try to identify likely internationalisation effects at the firm level. The results show that export experience and experience in knowledge protection are highly important for international innovation activities of SMEs. Fierce home market competition turns out to be rather an obstacle than a driver. High innovation costs stimulate internationalisation of non-R&D innovation activities, and shortage of qualified labour expels production of new products. R&D activities abroad and exports of new products spur firm growth in the home market while there are no negative effects on home market growth from shifting production of new products abroad. |
| Keywords: | Internationalisation of Innovation, Globalisation, SMEs, Effects of Innovation, Absorptive Capacities, Market Structure |
| JEL: | F23 L22 L25 O31 O32 O47 |
| Date: | 2008 |
| URL: | http://d.repec.org/n?u=RePEc:zbw:zewdip:7307&r=cse |
| By: | Nobuaki Hamaguchi (Research Institute for Economics and Business Administration, Kobe University); Yoshihiro Kameyama (The International Centre for the Study of East Asian Development (ICSEAD)) |
| Abstract: | We examine the impact of research partnerships on a firm's own R&D capability along with the context of the importance of geographical proximity using original survey data obtained from small and medium-sized firms in Zhongguancun Science Park (ZSP). This study develops an analytical framework related to the impact of research partnerships on a firm's R&D capability. Results show that research cooperation with universities and research institutes and small and medium-sized firms enhances the R&D capability of individual firms when the partners are located nearby, although distance has no significant effect on cooperation with large firms. |
| Keywords: | research cooperation, spillovers, R&D capability |
| JEL: | O32 R12 R39 |
| Date: | 2008–07 |
| URL: | http://d.repec.org/n?u=RePEc:kob:dpaper:225&r=cse |
| By: | Aernoudts, R.H.R.M.; De Heer, M.A. |
| Abstract: | There is considerable academic interest for the interplay between strategy and management control systems (MCS). Strategic performance measurement systems (SPMS), such as Simons’ levers of control and Kaplan and Norton's balanced scorecard were introduced in the normative literature as vehicles for developing and implementing strategy. But there are also numerable case studies and surveys that investigate empirical evidence of the interplay between management control and strategy derived from management practices. This paper is a review of the extant literature aimed at identifying developments and gaps within this specific area of accounting research. To this end literature from six fields of research has been searched in a structured manner using exhaustive search algorithms. Studies are analysed using Mohr’s (1982) approaches to explanation and frameworks of Langfield-Smith (1997) and Keating (1995). The review by Langfield-Smith (1997) indicated that literature in this specific area of scholarly inquiry is characterized by a diversity of research designs and ambiguity in operationalization of - among other variables - strategy. Analysis of survey & case based research performed during the last decade reveals that operationalization of strategy is more than often based on one of the established strategy frameworks and is currently not as diverse as reported in Langfield-Smith (1997). Several scholars indicate that knowledge in this area is still rather limited, however comparison among studies provides insights that have not been made explicit. |
| JEL: | M41 |
| Date: | 2008–04–23 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:9583&r=cse |
| By: | Michael Fritsch (Friedrich-Schiller-University Jena, Faculty of Economics and Business Administration; Max Planck Institute of Economics, Jena, Germany); Viktor Slavtchev (Max Planck Institute of Economics, Jena, Germany) |
| Abstract: | This study analyzes the relationship between the specialization of a region in certain industries and the efficiency of the region in generating new knowledge. The efficiency measure is constructed by relating regional R&D input and output. An inversely u-shaped relationship is found between regional specialization and R&D efficiency, indicating the presence of externalities of both Marshall and Jacobs’ type. Further factors influencing efficiency are spillovers within the private sector as well as from public research institutions. The impact of both the specialization and the additional factors is, however, different for regions at different efficiency levels. |
| Keywords: | Efficiency, innovation, spillovers, patents, regional analysis. |
| JEL: | O31 O18 R12 |
| Date: | 2008–07–17 |
| URL: | http://d.repec.org/n?u=RePEc:jrp:jrpwrp:2008-058&r=cse |
| By: | Marco Corsino; Giuseppe Espa; Rocco Micciolo |
| Abstract: | This paper addresses a debated issue in the economics innovation literature, namely the existence of increasing return to R&D expenditures and firm size on innovation output. It further explores how structural characteristics of the firm as well as contextual factors affect the dynamics of product innovation over a relatively long period of time. Taking advantage of an original and unique database comprising innovation data recorded on a monthly base we show that: (i) a negative binomial distribution model is able to predict with great accuracy the probability of having a given number of product announcement sent out in a month; (ii) constant returns to size and R&D expenditure may reasonably characterize the innovation production function of sampled firms; (iii) vertically integrated manufacturers as well as producers operating a larger product portfolio exhibit a higher propensity to introduce new products than their specialized competitors. |
| Date: | 2008–06 |
| URL: | http://d.repec.org/n?u=RePEc:trt:disawp:0803&r=cse |