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on Economics of Strategic Management |
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Issue of 2012‒03‒14
nine papers chosen by Joao Jose de Matos Ferreira University of the Beira Interior |
| By: | Carfì, David; Bagileri, Daniela; Dagnino, Gianbattista |
| Abstract: | In this paper we show how the study of asymmetric R\&D alliances, that are those between young and small firms and large and MNEs firms for knowledge exploration and/or exploitation, requires the adoption of a coopetitive framework which consider both collaboration and competition. We draw upon the literature on asymmetric R&D collaboration and coopetition to propose a mathematical model for the coopetitive games which is particularly suitable for exploring asymmetric R&D alliances. |
| Keywords: | R&D alliances; coopetitive games |
| JEL: | D7 M1 D74 C7 O32 M54 O3 J5 |
| Date: | 2012 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:37095&r=cse |
| By: | Burgelman, Robert A. (Stanford University); Grove, Andrew S. (Stanford University) |
| Abstract: | We study the evolution of industries in terms of three interrelated key themes that together form an analytical lens. The first theme--strategy and strategic dynamics--raises the question of how companies can gain, sustain, or regain profitable growth in the face of various types of strategic dynamics. The second theme--strategy and action--is based on the observation that in rapidly changing environments it is quite difficult to maintain alignment between stated strategy and strategic action and examines how companies can regain such alignment. The third theme--industry change and corporate transformation--recognizes that industry-level change inevitably requires a company to fundamentally rethink its strategy and business model. It must transform itself in terms of what it does and, even more fundamentally, how it does it. |
| Date: | 2012–02 |
| URL: | http://d.repec.org/n?u=RePEc:ecl:stabus:2096&r=cse |
| By: | Schilirò, Daniele |
| Abstract: | Modern economies are increasingly based on knowledge and, more generally, on the intangible assets that favour the economic development. Knowledge-based economies are founded on increasing specialization, research, innovation and learning. The change towards a knowledge-based economy is happening on a global scale, a transformation is taking place in all advanced industrialised economies and many developing economies are also aspiring to reach this target. Knowledge-based economies require some critical requisites to become real and efficient economies. These are the four pillars: education and training, innovation, information infrastructure, the institutional regime. This contribution will focus mainly on one of those pillars: the institutional environment. Thus, after examining the definition and the characteristics of a knowledge-based economy, it focuses on the relationship between knowledge-based economies and the role of institutions. Institutions and the institutional environment play a key role in the development of a knowledge economy, so they do matter. The paper argues that various institutional changes must be introduced and these institutional changes that need to be made will involve the public and private sector, as it has been in the case of the Finland’s economy. In addition, because of the difficulties for the institutions to build and establish itself over time, it is necessary a certain degree of flexibility in the institutional regime and, hence, the ability to respond to uncertainties. |
| Keywords: | knowledge-based economy; institutional environment; institutions; innovation; learning; development |
| JEL: | O38 O30 D02 D20 O32 D83 |
| Date: | 2010–11 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:37138&r=cse |
| By: | Andrea Fracasso; Giuseppe Vittucci Marzetti |
| Abstract: | We investigate how the country’s absorptive capacity and relative backwardness affect the impact of international R&D spillovers on domestic Total Factor Productivity (TFP). To account for nonlinearities, we adopt a Panel Smooth Transition Regression (PSTR) approach, where the country’s elasticity of TFP to foreign R&D stock is allowed to change smoothly across various identified extreme values, and this change is related to observable transition variables: human capital (capturing the country’s absorptive capacity) and relative backwardness. The results suggest that absorptive capacity is positively associated with international R&D spillovers. In addition, and in contrast with previous results, relative backwardness has a negative and significant impact on them. |
| Keywords: | Absorptive capacity, International R&D spillovers, Nonlinear panel, Smooth Transition Regression, Total Factor Productivity |
| JEL: | C23 C24 F43 O30 O47 |
| Date: | 2012 |
| URL: | http://d.repec.org/n?u=RePEc:trn:utwpde:1203&r=cse |
| By: | Branco Ponomariov; Craig Boardman |
| Abstract: | This paper reviews the current academic thinking on knowledge transfer channels between universities and private industry, from a human resource perspective. It also offers a general framework for “re-organising” the literature, so as to identify gaps in the understanding of organisational behavior and human resource management for university-industry knowledge transfer. The review highlights that knowledge transfer channels with highest “relational intensity” are also most valued by industry, and that most knowledge transfer channels are not currently institutionalized or formalized. It concludes that knowledge transfer between universities and industry is characterized by important management challenges, which require an understanding of the extent and nature of individuals’ involvement. However, the existing literature emphasises the outcomes rather than processes of knowledge transfer. Future research looking at knowledge transfer processes at the individual and organizational level of analysis would provide valuable information for better policy-making.<P>Comportement des organisations et gestion des ressources humaines dans le cadre des transferts de connaissances du public vers le privé : Revue analytique de littérature<BR>Ce document donne un état des lieux de la réflexion universitaire sur les différents canaux utilisés pour les transferts de connaissances entre les universités et l’industrie, sous l’angle des ressources humaines. Il propose également un cadre général pour « réorganiser » la littérature existante afin de mettre en évidence les points d’ombre qui subsistent quant au comportement des organisations et à la gestion des ressources humaines dans le cadre des transferts de connaissances du monde universitaire vers l’industrie. L’étude souligne que les canaux de transfert de connaissances caractérisés par une forte « intensité relationnelle » sont aussi les mieux appréciés par l’industrie, et que la plupart des canaux de transfert de connaissances ne sont actuellement pas officialisés ou formalisés. Elle conclut que les transferts de connaissances posent des problèmes en termes de management, qui requièrent une meilleure compréhension de la nature et de la portée de l’engagement des individus. Or, la littérature existante est focalisée sur les résultats et non sur les processus de transfert de connaissances. Des recherches analysant les processus de transferts de connaissances aux niveaux individuel et organisationnel permettraient de produire des informations utiles pour l’élaboration des politiques. |
| Date: | 2012–03–05 |
| URL: | http://d.repec.org/n?u=RePEc:oec:stiaaa:2012/1-en&r=cse |
| By: | Gries, Thomas (Economics Department, University of Paderborn); Jungblut, Stefan (Economics Department, University of Paderborn); Naudé, Wim (UNU-MERIT/MGSoG, University of Maastricht, and Maastricht School of Management) |
| Abstract: | We propose that the rate of creation and failure of new firm start-ups can be modelled as a search and matching process, as in labor market matching models. Deriving a novel Entrepreneurship-Beveridge curve, we show that a successful start-up depends on the efficiency with which entrepreneurial ability is matched with business opportunity, and outline a number of possible applications of this matching approach to formalize the economics of entrepreneurship. |
| Keywords: | Entrepreneurship, start-ups, labor market matching |
| JEL: | L26 M13 O10 O14 |
| Date: | 2012 |
| URL: | http://d.repec.org/n?u=RePEc:dgr:unumer:2012015&r=cse |
| By: | Javier Lindenboim; Damián Kennedy; Juan M. Graña |
| Abstract: | Economic growth strategies of developing countries have focused in the last decades on expanding their exports. In that scheme, wage compression seems necessary in order to compensate the observed slow productivity pace achieving, therefore, “competitiveness”. The core of this discussion is, undoubtedly, how the national product is appropriated through wages and surplus, i.e. the factorial income distribution. From that viewpoint, this paper discusses the long-term impoverishment of Argentinean workers through two key aspects of the economic process: on one hand, the way in which labour force is allocated, by analysing the relationship between real wage and productivity. On the other, how income is used in the acquisition of consumer goods and capital formation. In order to fully comprehend those trends, this paper recourses to an international comparison with two types of countries: the developed ones (United States of America, France and Japan) and the largest Latin American economies (Brazil and Mexico). As these processes take place in the long run, this paper’s analysis period will start from the 1950s. |
| Date: | 2011 |
| URL: | http://d.repec.org/n?u=RePEc:unc:dispap:203&r=cse |
| By: | Abhijit Das (Asian Development Bank Institute (ADBI)); Rashmi Banga; Dinesh Kumar |
| Abstract: | The Indian economy has shown considerable resilience to the global economic crisis by maintaining one of the highest growth rates in the world. The services sector accounted for around 88% of the growth rate in real gross domestic product in 2008–09. To demystify the relatively resilient growth of the services sector in India, this study examines both the demand-side and the supply-side factors that have contributed to its growth To assess the role of external demand, income elasticity of export demand for the aggregated services and some of the disaggregated services of India were estimated. It was found that the main driver of growth in India’s services sector is growth in the domestic demand for services and not growth in the export of services. The contribution of the growth of the export of services to the growth of the overall services sector was only 22%. In order to examine the role of supply-side factors, total factor productivity growth was estimated in the services sectors that have contributed substantially to overall growth, which are the software and banking services. Using Data Envelopment Analysis at the firm level, it was found that both these sectors experienced productivity growth above 10% after 2000. High domestic demand and high productivity growth largely explain the resilience of India’s services growth. |
| Keywords: | Global Economic Crisis, services sector, India, Productivity growth, Data Envelopment Analysis |
| JEL: | F14 L86 O47 |
| Date: | 2011–09 |
| URL: | http://d.repec.org/n?u=RePEc:eab:tradew:23225&r=cse |
| By: | Amitav Acharya (Asian Development Bank Institute (ADBI)) |
| Abstract: | This paper argues that the collective action in Asia by its regional organizations has historically suffered from a “capability–legitimacy gap†: a disjuncture between the capability (in terms of material resources) of major Asian powers to lead regional cooperation on the one hand and their political legitimacy and will as regional leaders on the other. Successful collective action requires leadership with both capability (as suggested by rationalist theories) and legitimacy (as suggested by constructivist approaches). A central point of the paper is that the putative or aspiring leaders of Asian regionalism throughout the post-war period never had both. Actors who were materially capable of providing leadership and direction (the United States [US]1 and Japan) have lacked the necessary legitimacy, while those who have possessed legitimacy (India and the People’s Republic of China [PRC])2 in the 1940s and 1950s, the Association of Southeast Asian Nations (ASEAN) since 1967, and Indonesia in the context of Asia as a whole) have lacked the necessary resources. The result has been that while the ASEAN-led Asian institutions have made a significant normative contribution to regional order, they have not proved to be effective instruments of regional problem solving. But the capability-legitimacy gap has both costs and benefits. While Asian regional institutions remain weakly institutionalized and attract criticism as “talk-shops,†they have helped to ensure that Asia does not degenerate into a hegemonic order or a concert of power. It remains to be seen whether regionalism in an era of a rising PRC and India could bridge this gap. It is theoretically possible that the PRC and India could develop and possess both the resources and political will and standing to provide collective goods and lead Asian regionalism, but their mutual rivalry might prevent this. |
| Keywords: | ASEAN, regional cooperation, collective action, Asian regionalism, capability–legitimacy gap |
| JEL: | F50 F51 F53 F54 F55 F59 |
| Date: | 2012–02 |
| URL: | http://d.repec.org/n?u=RePEc:eab:govern:23192&r=cse |