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on Economics of Strategic Management |
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Issue of 2024‒05‒20
ten papers chosen by João José de Matos Ferreira, Universidade da Beira Interior |
| By: | Leogrande, Angelo |
| Abstract: | The following article analyzes Italian companies with more than 10 employees that use online sales tools. The data used were acquired from the ISTAT-BES database. The article first presents a static analysis of the data aimed at framing the phenomenon in the context of Italian regional disparities. Subsequently, a clustering with k-Means algorithm is proposed by comparing the Silhouette coefficient and the Elbow method. The investigation of the innovative and technological determinants of the observed variable is carried out through the application of a panel econometric model. Finally, different machine learning algorithms for prediction are compared. The results are critically discussed with economic policy suggestions. |
| Keywords: | Innovation, Innovation and Invention, Management of Technological Innovation and R&D, Technological Change, Intellectual Property and Intellectual Capital. |
| JEL: | O30 O31 O32 O33 O34 |
| Date: | 2024–04–05 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:120637&r=cse |
| By: | Maria Fay; Frederik F. Fl\"other |
| Abstract: | For organizations to survive and flourish in the long term, innovation and novelty must be continually introduced, which is particularly true in today's rapidly changing world. This raises a variety of ethical and sustainability considerations that seldom receive the attention they deserve. Existing innovation adoption frameworks often focus on technological, organizational, environmental, and social factors impacting adoption. In this chapter, we explore the ethical and sustainability angles, particularly as they relate to emerging technologies, artificial intelligence (AI) being a prominent example. We consider how to facilitate the development and cultivation of innovation cultures in organizations, including budding startups as well as established enterprises, through approaches such as systems thinking. |
| Date: | 2024–04 |
| URL: | http://d.repec.org/n?u=RePEc:arx:papers:2404.07678&r=cse |
| By: | Mauro Caselli; Edwin Fourrier-Nicolai; Andrea Fracasso; Sergio Scicchitano |
| Abstract: | This study examines the causal influence of digital technologies, specifically operational (ODT) and information digital technologies (IDT), on firms’ employment structure using Italian firm-level data. It employs a unique empirical approach, constructing instrumental variables based on predetermined employment composition and global technological progress, proxied by patents. Findings indicate that IDT investment positively affects employment, favoring a skilled, IT-competent workforce, as supported by firms’ training and recruitment plans. Conversely, ODT investment does not significantly alter total employment but skews the workforce towards temporary contracts. The study contributes methodologically by distinguishing between ODT and IDT and highlighting nuanced employment dynamics within firms. |
| Keywords: | digital technologies, labour demand, training, firms |
| JEL: | D22 J23 J24 M51 M53 O33 |
| Date: | 2024 |
| URL: | http://d.repec.org/n?u=RePEc:ces:ceswps:_11056&r=cse |
| By: | Autio , Erkko (Imperial College Business School); Park, Donghyun (Asian Development Bank) |
| Abstract: | This paper explores economy- and regional-level determinants of the productivity potential of new entrepreneurial firms using data from Asian Development Bank regional members. Results show that new entrepreneurial firms constitute a highly heterogeneous group in terms of their productivity potential and that this potential is shaped by the economy’s national system of entrepreneurship. This system consists of both economy level institutional conditions, as well as the resource and knowledge dynamics that operate at the level of regional entrepreneurial ecosystems. Economy-level institutional conditions shape the productivity potential of the economy’s population of new entrepreneurial firms through their effect on who chooses to become an entrepreneur and what strategic goals the resulting new firms decide and are able to pursue. The regional level entrepreneurial dynamics condition the extent to which new entrepreneurial ventures are able to realize this potential through business model innovation. This recognition is important because it suggests that to be effective, an economy’s entrepreneurship policy framework needs to address both economy-level institutional conditions as well as regional-level entrepreneurial ecosystem dynamics. The two require different policy approaches and pose distinctive challenges. |
| Keywords: | digital entrepreneurship; productivity; entrepreneurial policy; new firms |
| JEL: | L26 M13 O30 O38 |
| Date: | 2024–04–22 |
| URL: | http://d.repec.org/n?u=RePEc:ris:adbewp:0721&r=cse |
| By: | lunwu Liu; Shi Liu |
| Abstract: | This study adopts the fixed effects panel model and provincial panel data on anticorruption and the innovation efficiency of high-level technology and new technology enterprises in China from 2005 to 2014, to estimate the effects of the anticorruption movement on the innovation efficiency of enterprises at different corruption levels. The empirical results show that anticorruption is positively correlated with the innovation efficiency of enterprises; however, the correlation is differentiated according to different corruption levels and business natures. At a high level of corruption, anticorruption has positive impacts on enterprises' innovation; at a low level of corruption, it negatively affects innovation efficiency. However, anticorruption has negative effects on the innovation efficiency of state-owned enterprises at both high and low corruption levels; for nonstate-owned enterprises, its effects are positive at a high corruption level and negative at a low corruption level. The effects remain the same across different regions. |
| Date: | 2024–04 |
| URL: | http://d.repec.org/n?u=RePEc:arx:papers:2404.09553&r=cse |
| By: | Maria Tsouri; Ron Boschma; ; |
| Abstract: | Studies show that local capabilities contribute to the green transition, yet little attention has been devoted to the role of scientific capabilities. The paper assesses the importance of local scientific capabilities and the inflow of scientific knowledge from elsewhere for the ability of regions in Europe to diversify into photovoltaic (PV) segments during the period 1998 to 2015, employing a combined dataset on patents and scientific publications. We find that local scientific capabilities matter, but not so much the inflow of relevant scientific knowledge from other regions, as proxied by scientific citations of patents in PV segments. Regions are also likely to diversify into a PV segment when they have technological capabilities related to other PV segments. Finally, we found that European regions are less likely to lose an existing PV segment specialization when they have intra-regional and extra-regional scientific capabilities in this PV segment. |
| Keywords: | relatedness, photovoltaic technologies, green diversification, regional diversification, scientific capabilities, related scientific capabilities, inter-regional linkages, Europe |
| JEL: | O25 O38 R11 |
| Date: | 2024–04 |
| URL: | http://d.repec.org/n?u=RePEc:egu:wpaper:2410&r=cse |
| By: | KROLL Henning |
| Abstract: | The objective of this report is to help increase the EU’s open strategic autonomy (OSA) by providing data that help monitor and take steps to achieve OSA in the innovation and production domains. The report operationalises the concept and provides empirical insights into the current situation. It finds that the EU’s digital sector has obvious vulnerabilities that impair its OSA, most prominently in the areas of artificial intelligence and big data. Other areas of innovation also display some vulnerabilities, but which less obviously impair Europe's OSA, at least on the surface. In addition to pure economic dependencies, the changing geopolitical landscape has increased potential vulnerabilities stemming from international collaboration on innovation. Accordingly, increased attention should be paid to latent risks that might produce non-obvious or indirect innovation and production dependency relations in the future. In this respect, the role of the US is particularly critical, as US technologies and firms play a substantial role in innovation processes in Europe. |
| Date: | 2024–01 |
| URL: | http://d.repec.org/n?u=RePEc:ipt:iptwpa:jrc136359&r=cse |
| By: | Alshareef, Leena; Dietlmeier, Simon Frederic; Florian, Urmetzer |
| Abstract: | The pharmaceutical industry has experienced a remarkable surge in "coopetition, " wherein rival companies join forces to pursue shared objectives, leading to a dynamic business environment fraught with tensions resulting from the coexistence of strong, contradictory forces of competition and cooperation. Despite its growing importance, research examining coopetition implementation and management, especially considering contextual influences shaping its dynamics, remains limited. This study aims to fill this gap by exploring the mechanisms of coopetition implementation and management in the pharmaceutical industry, focusing on the interrelation of different elements of coopetition execution and the contextual environment. Adopting an interpretivist philosophy and a qualitative, exploratory approach, this research engaged with industry insiders to explore how large, global pharmaceutical companies effectively manage dyadic coopetition. Key findings highlight the significance of the formation stage in mitigating tensions throughout the coopetition lifecycle. The operationalization stage emphasizes emotional and analytical capabilities across organizational levels, in addition to the balancing capability manifested through various coopetition management principles identified in the literature: separation, integration, arbitration, and a novel variant of co-management principles, alongside a unique approach - unilateral control, all complemented by supportive organizational adaptations. Moreover, diplomacy and learning capabilities were identified as crucial components of coopetition capabilities. The termination stage brings persisting tensions due to legal pressures and competitive vigilance. The research also brings to light the complex interplay between legal and regulatory institutional pressures and coopetition dualities. The research complements and contributes to coopetition management literature by proposing a multi-level, multi-stage view of tensions. It offers a nuanced understanding of how these tensions are navigated throughout the drug development cycle and highlights the importance of addressing the often-overlooked termination stage of coopetition. Furthermore, it highlights the complex relationship between institutional pressures and dualities. Overall, the study provides valuable insights into the nuanced mechanisms employed by large pharmaceutical companies to holistically manage and maintain balanced coopetition. |
| Keywords: | Ecosystem; Health; Coopetition; Orchestration; Control; coopetition, pharmaceutical, management, execution, coopetition capability, regulated industries, legal pressures, coopetition lifecycle. |
| JEL: | A1 A11 D1 F5 N3 Y4 |
| Date: | 2024–04–05 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:120645&r=cse |
| By: | Kien Ngoc Do (FTU - Foreign Trade University, Hanoi, Vietnam); Huong Nguyen Giang (FTU - Foreign Trade University, Hanoi, Vietnam); Le Huy (FTU - Foreign Trade University, Hanoi, Vietnam); Nguyen Kim Phuong Thuy (FTU - Foreign Trade University, Hanoi, Vietnam) |
| Abstract: | This study disentangles the relationship between GVC participation and the technical efficiency of SMEs in Vietnam. We combine panel data obtained from the GSO Enterprise Census survey of SMEs in Vietnam including 567, 866 enterprises observations from 2015 to 2018. Regarding global value chain participation (GVC), TiVA databases by OECD are used to track GVC integration at sectoral level. We employ Stochastic frontier analysis (SFA) to gauge the relationship between a firm's technical efficiency and GVC participation in two modes of participation: backward integration and forward integration. The findings show the positive impacts of backward participation in rising technical efficiency levels. However, SMEs in sectors with deeper forward participation tend to have low technical efficiency. We find the heterogeneity in firm efficiency regarding firm-specific factors and location. |
| Keywords: | GVC participation, SMEs, Technical efficiency |
| Date: | 2023–10 |
| URL: | http://d.repec.org/n?u=RePEc:hal:journl:hal-04528712&r=cse |
| By: | Guendalina Anzolin; Chiara Benassi; Armanda Cetrulo |
| Abstract: | A large body of research has investigated the impact of industrial relations on workplace innovation. Econometric research based on U.S. data suggests that unions are detrimental to innovation, while evidence from Europe is more mixed. This points to the importance of "contextualized" theorizing about the effects of industrial relations on firm-level innovation. Such an approach is common in qualitative research but is infrequently seen in quantitative studies. To address this gap, our article investigates the link between industrial relations and innovation at the firm level using establishment-level surveys from Germany (IAB establishment data) and Italy (INAPP-RIL establishment data). Our findings point to significant cross-country differences in how industrial relations institutions, including workplace representation and firm/sectoral agreements, can influence firm-level innovation. This cross-country variation underscores that similar institutions may serve different functions depending on the specificities of the national context. |
| Keywords: | Germany, Italy, collective bargaining, unions, innovation |
| Date: | 2024–04–22 |
| URL: | http://d.repec.org/n?u=RePEc:ssa:lemwps:2024/12&r=cse |