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on Economics of Strategic Management |
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Issue of 2024‒11‒18
twelve papers chosen by João José de Matos Ferreira, Universidade da Beira Interior |
| By: | Duc Anh Nguyen (Université Paris-Saclay, UEVE - Université d'Évry-Val-d'Essonne, LITEM - Laboratoire en Innovation, Technologies, Economie et Management (EA 7363) - UEVE - Université d'Évry-Val-d'Essonne - Université Paris-Saclay - IMT-BS - Institut Mines-Télécom Business School - IMT - Institut Mines-Télécom [Paris]); Liliana Mitkova (LITEM - Laboratoire en Innovation, Technologies, Economie et Management (EA 7363) - UEVE - Université d'Évry-Val-d'Essonne - Université Paris-Saclay - IMT-BS - Institut Mines-Télécom Business School - IMT - Institut Mines-Télécom [Paris], UEVE - Université d'Évry-Val-d'Essonne) |
| Abstract: | Open innovation (OI) has captured the attention of both academics and practitioners since its inception. However, research on OI in small and medium-sized enterprises (SMEs) has experienced rapid growth in recent years. Our research aims to scrutinize the evolution of scientific production and emerging research themes of OI in SMEs. The study employs a bibliometric analysis using the Scopus database and the ARTIREV software. The findings indicate a considerable increase in the scientific production of research on OI in SMEs, with the last five years contributing the most. Additionally, the most relevant and involved constituents of research on OI in SMEs are illuminated alongside the most productive and influential publications and authors. The study also sheds light on several divergent research themes concerning firm and innovation performance, business model innovation, OI practices, OI challenges, OI in crisis times, entrepreneurship, economic growth, and sustainable innovation. Our study provides a detailed overview of the research contexts of OI in SMEs for future research investigations. |
| Keywords: | Open innovation, Small and medium-sized enterprises, SMEs, Performance analysis, Bibliometric analysis, Document bibliographic coupling analysis |
| Date: | 2024–06–17 |
| URL: | https://d.repec.org/n?u=RePEc:hal:journl:hal-04712828 |
| By: | Jasmine Bacani; Chiara Pelosi; Monique Arkesteijn; Alexandra den Heijer |
| Abstract: | The escalating significance of knowledge exchange in diverse industries is owed to its potential to enhance business performance. Although numerous theoretical frameworks have been applied to understand and measure knowledge exchange within and between firms, a notable gap remains in measuring inter-organisational knowledge exchange among horizontally-linked firms in the same sector. This research endeavours to fill this gap by proposing a comprehensive survey grounded in theory and practice for assessing knowledge exchange among 14 universities in the Netherlands. Drawing from inputs from campus managers and established theory-based evaluation methods, four key elements were identified: organizational context, enablers and disablers, processes, and outcome expectations. This synthesis aims to offer insights into how knowledge exchange dynamics can be gauged between firms. By gaining insights into the intricacies of inter-organisational knowledge exchange through the survey developed in this study, organisations would be able to adopt more informed strategies, fostering collaborative environments and ultimately optimising the efficiency of knowledge exchange processes between organisations in the same sector. |
| Keywords: | Inter-organisation; Knowledge Exchange; Measurement; universities |
| JEL: | R3 |
| Date: | 2024–01–01 |
| URL: | https://d.repec.org/n?u=RePEc:arz:wpaper:eres2024-163 |
| By: | Stefan Stremersch; Elke Cabooter; Ivan Guitart (EM - EMLyon Business School); Nuno Camacho |
| Abstract: | Customer insights play a critical role in innovation. In recent years, articles studying customer insights for innovation have risen in marketing and other fields such as innovation, strategy, and entrepreneurship. However, the literature on customer insights for innovation grew fragmented and plagued by inconsistent definitions and ambiguity. The literature also lacks a precise classification of different domains of customer insights for innovation. This article offers four key contributions. First, it clearly and consistently defines customer insights for innovation. Second, it proposes a "customer insights process" that describes the activities firms and customer insights intermediaries (e.g., market research agencies) use to generate, disseminate, and apply customer insights for innovation. Third, it offers a synthesis of the knowledge on customer insights for innovation along ten domains of customer insights for innovation: (1) crowdsourcing, (2) co-creating, (3) imagining, (4) observing, (5) testing, (6) intruding, (7) interpreting, (8) organizing, (9) deciding, and (10) tracking. Fourth, the authors qualify and quantify the managerial importance and potential for scholarly research in these domains of customer insights for innovation. They conducted 12 in-depth interviews with executives at market research agencies such as Ipsos, Kantar, Nielsen, IQVIA, and GfK to do so. They surveyed 305 managers working in innovation, marketing, strategy, and customer experience. The article concludes with a research agenda for marketing aimed at igniting knowledge development in high-priority domains for customer insights for innovation. |
| Keywords: | Customer insights, Innovation, Insight generation, Insight dissemination, Insight application, Market research |
| Date: | 2024–10–02 |
| URL: | https://d.repec.org/n?u=RePEc:hal:journl:hal-04731671 |
| By: | Paolo Carioli; Dirk Czarnitzki; Christian Rammer |
| Abstract: | We investigate the effects of different channels of industry-science collaboration on new product sales at the firm-level and whether government subsidies for collaboration make a difference. We distinguish four collaboration channels: joint R&D, consulting/contract research, IP licensing, human resource transfer. Employing firm-level panel data from the German Community Innovation Survey and a conditional difference-in-differences methodology, we find a positive effect of industry-science collaboration on product innovation success only for joint R&D, but not for the other three channels. The positive effect is limited to subsidized collaboration. Our results suggest that government subsidies are required to bring firms and public science into forms of collaboration that are effective in producing higher innovation output. |
| Keywords: | Industry-science collaboration, transfer channels, product innovation, treatment effects analysis |
| Date: | 2024–10–23 |
| URL: | https://d.repec.org/n?u=RePEc:ete:msiper:751257 |
| By: | Duc Anh Nguyen (Université Paris-Saclay, UEVE - Université d'Évry-Val-d'Essonne, LITEM - Laboratoire en Innovation, Technologies, Economie et Management (EA 7363) - UEVE - Université d'Évry-Val-d'Essonne - Université Paris-Saclay - IMT-BS - Institut Mines-Télécom Business School - IMT - Institut Mines-Télécom [Paris]); Liliana Mitkova (LITEM - Laboratoire en Innovation, Technologies, Economie et Management (EA 7363) - UEVE - Université d'Évry-Val-d'Essonne - Université Paris-Saclay - IMT-BS - Institut Mines-Télécom Business School - IMT - Institut Mines-Télécom [Paris], UEVE - Université d'Évry-Val-d'Essonne) |
| Abstract: | Open innovation (OI) has captured the attention of both academics and practitioners since its inception. However, research on OI in small and medium-sized enterprises (SMEs) has experienced rapid growth in recent years. Our research aims to scrutinize the evolution of scientific production and emerging research themes of OI in SMEs. The study employs a bibliometric analysis using the Scopus database and the ARTIREV software. The findings indicate a considerable increase in the scientific production of research on OI in SMEs, with the last five years contributing the most. Additionally, the most relevant and involved constituents of research on OI in SMEs are illuminated alongside the most productive and influential publications and authors. The study also sheds light on several divergent research themes concerning firm and innovation performance, business model innovation, OI practices, OI challenges, OI in crisis times, entrepreneurship, economic growth, and sustainable innovation. Our study provides a detailed overview of the research contexts of OI in SMEs for future research investigations. |
| Keywords: | Open innovation, Small and medium-sized enterprises, SMEs, Performance analysis, Bibliometric analysis, Document bibliographic coupling analysis |
| Date: | 2024–05–29 |
| URL: | https://d.repec.org/n?u=RePEc:hal:journl:hal-04712830 |
| By: | Andrea Ascani (Gran Sasso Science Institute); Lakshmi Balachandran Nair (LUISS Guido Carli University) |
| Abstract: | Whilst most governments’ supportive measures have kept businesses afloat during the most depressing stages of the COVID-19 pandemic, these massive liquidity injections can also hide the risk of keeping financially fragile firms alive artificially, thus starting a process that turns them into zombie firms (zombies). In this article, we investigate whether and under what circumstances the presence of zombies in an industry constitutes a barrier to the innovativeness of non-zombies in the same sector. By analysing matched patent-firm data from Bureau van Dijk ORBIS Intellectual Property on 426, 130 Italian firms from 2012 to 2018, we find evidence in favour of negative intraindustry spillovers. Nonetheless, this general relationship is subject to various contingencies connected to both industry and firm characteristics. Specifically, we highlight that the retention of zombies can congest the innovative activities of healthy firms, especially when they depend on external sources of finance, operate in highly competitive markets, are more exposed to the erosion of their market shares, and do not possess a pre-existing strong knowledge base. Our findings have relevant policy and managerial implications. |
| Keywords: | zombie firms, innovation, Italy, spillovers, poisson, instrumental variable |
| JEL: | O31 L20 D22 |
| Date: | 2023–06 |
| URL: | https://d.repec.org/n?u=RePEc:ahy:wpaper:wp40 |
| By: | WOOLFORD Jayne (European Commission - JRC); ESPARZA MASANA Ricard |
| Abstract: | Higher education (HE) is increasingly recognised as a driver of innovation and an actor of change in territorial transformation. Three EU initiatives specifically support the contribution of HE to territorial development and transformative innovation and were analysed to determine the extent of their impact. The impact of the initiatives and projects funded is highly heterogeneous, reflecting distinct territorial, institutional, policy and sectoral contexts across the EU, as well as varying institutional capabilities. |
| Date: | 2024–10 |
| URL: | https://d.repec.org/n?u=RePEc:ipt:iptwpa:jrc139228 |
| By: | Li, Hao; Wang, Gaowang; Yang, Liyang |
| Abstract: | We develop an endogenous growth model where data drives innovation. In this model, big data fosters quality improvements by influencing the likelihood and magnitude of successful quality-enhancing innovations. It also promotes variety innovation through the efficient allocation of labor as a fixed cost, ultimately driving long-run economic growth. The social planner reduces the welfare costs associated with monopoly production and internalizes the externalities present in decentralized economies. As a result, the optimal growth rate exceeds the equilibrium growth rates under two data property rights regimes. Data property rights play a crucial role in determining long-run growth and steady-state welfare, which depend largely on two key model parameters: the weight for privacy and the frequency of creative destruction. This model also explores the interactions between quality innovation and variety innovation. |
| Keywords: | data as innovation; endogenous growth; data property rights; interactions between quality innovation and variety innovation |
| JEL: | E1 O3 O41 |
| Date: | 2024–10–13 |
| URL: | https://d.repec.org/n?u=RePEc:pra:mprapa:122388 |
| By: | Yeboah, Abraham; Asuamah Yeboah, Samuel; Mogre, Diana |
| Abstract: | This study examines the impact of Corporate Citizenship (CC) on sustainable purchase intentions, with a focus on the fast fashion industry. The research explores how CC initiatives, brand confidence, loyalty, and green innovation performance (GIP) influence consumer behaviour toward sustainability. The findings reveal that CC positively affects consumer trust, leading to higher brand confidence and loyalty, which, in turn, drive sustainable purchase intentions. Additionally, green innovation is a key mediator in enhancing brand performance and consumer loyalty. However, the study identifies a gap in empirical research regarding the serial mediation effects of brand confidence and brand loyalty, highlighting the need for further investigation. Policy implications suggest that governments and regulatory bodies should incentivise businesses to adopt robust CC initiatives, promoting transparency and sustainable practices. The study concludes by offering directions for future research, including cross-industry analyses, the role of social media in CC communication, and the long-term effects of CC on brand loyalty. |
| Keywords: | Sustainable business, green innovation, sustainable purchase intentions, serial mediation, systematic review |
| JEL: | M14 M31 O33 |
| Date: | 2024–06–14 |
| URL: | https://d.repec.org/n?u=RePEc:pra:mprapa:122394 |
| By: | Lena Abou El-Komboz; Thomas A. Fackler; Moritz Goldbeck; Thomas Fackler |
| Abstract: | Software engineering is prototypical of knowledge work in the digital economy and exhibits strong geographic concentration, with Silicon Valley as the epitome of a tech cluster. We investigate productivity effects of knowledge worker agglomeration. To overcome existing measurement challenges, we track individual contributions in software engineering projects between 2015 and 2021 on GitHub, the by far largest online code repository platform. Our findings demonstrate individual productivity increases by 2.8 percent with a ten percent increase in cluster size, the share of the software engineering community in a technology field located in the same city. Instrumental variable and dynamic estimation results suggest these productivity effects are causal. Productivity gains from cluster size growth are strongest for clusters hosting between 0.67 and 13.5% of a community. We observe a disproportionate activity increase in high-quality, large, and leisure projects and for co-located teams. Overall, software engineers benefit from productivity spillovers due to physical proximity to a large number of peers in their field. |
| Keywords: | high-skilled labor, geography, innovation, peer effects, collaboration |
| JEL: | D62 J24 O33 O36 R32 |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ces:ceswps:_11277 |
| By: | RADOVANOVIC Nikola (European Commission - JRC); STEVANOVIC CARAPINA Hristina |
| Abstract: | The Western Balkan region is in an advanced stage of the Smart Specialisation design process, with several economies deeply involved in its implementation. The commitment of these economies to adopt an EU-style, transformational innovation policy reflects a dedication to evidence-based and bottom-up innovation policymaking. This approach aims to enhance regional competitiveness sustainably. The EU Green Deal and the associated Green Agenda for the Western Balkans represent templates for transformative change that should underpin innovation policies. Strong parallels between this green transition and Smart Specialisation emerge in shared elements such as sustainability, environmental priorities, societal challenges, and digitalisation. This study investigates regional research and innovation capacities for the green transition through the lens of Smart Specialisation in the Western Balkan region. It proposes policy actions to leverage these capacities within both national frameworks and collaborative initiatives. |
| Date: | 2024–10 |
| URL: | https://d.repec.org/n?u=RePEc:ipt:iptwpa:jrc136482 |
| By: | Trouvain, Florian |
| JEL: | O |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:zbw:vfsc24:302377 |