Browsing by Title
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How Regional Characteristics Affect External Knowledge Acquisition and InnovationMasciarelli, Francesca; Prencipe, Andrea; Laursen, Keld (København, 2007)[More information][Less information]
Abstract: To introduce new products and processes, firms often acquire knowledge from other organizations. Drawing on social capital and transaction cost theory, we argue that not only is the impact of such acquisitions on the successful development of product and product innovations dependent on strategic and economic variables, it may also be contingent on the "knowledge characteristics” of the geographical area in which the firm is located. Combining data on social capital at the level of 21 regions with a large scale data set on innovative activities by a representative sample of 2464 Italian manufacturing firms, we find — after controlling for a large set of firm and regional characteristics — that being located in regions characterized by high levels of social interaction leads to a higher propensity to innovate. In addition, being located in an area characterized by a high degree of social interaction positively moderates the effectiveness of externally acquired R&D on innovation inclination. URI: http://hdl.handle.net/10398/7261 Files in this item: 1
druidwp07-20.pdf (465.2Kb) -
Duus, Henrik Johannsen; Jørgensen, Jens E. (København, 2004)[More information][Less information]
Abstract: Fremvæksten af modus 2 forskning stiller krav om en revurdering af højere læreanstalters evaluerings- og meriteringspraksis. Den endimensionale prioritering af modus 1 forskning såvel som dennes ligeså endimensionale evaluering via publikationer må afvises som utidssvarende. Som en konsekvens heraf udvikles en konkret model til evaluering af forskningsmiljøers modus 2 indsats. Modellen kan støtte strategiske budgetteringsovervejelser på de højere læreanstalter og i samfundet som helhed. Modellen søger ikke at vurdere modus 2 forskningens værdi, men tilstræber derimod alene en modus 2 aktivitetsregistrering under den i såvel modus 1 som modus 2 konceptet iboende forudsætning, at forskningen bedst værdisættes af interessenterne. De strategiske budgetteringsovervejelser og den heraf følgende ressourceallokering til forskningsmiljøerne foregår under den realistiske forudsætning, at højere læreanstalter fungerer som heterogene konglomerater præget af urelateret diversificering, hvorfor principperne fra den strategiske porteføljeplanlægning kan anvendes. URI: http://hdl.handle.net/10398/7672 Files in this item: 1
cme2004005.pdf (172.6Kb) -
Birch, Kristina; Olsen, Jørgen Kai; Tjur, Tue (København, 2005)[More information][Less information]
Abstract: On the background of a data set of weekly sales and prices for three brands of coffee, this paper discusses various regression models and their relation to the multiplicative competitive-interaction model (the MCI model, see Cooper 1988, 1993) for market-shares. Emphasis is put on the interpretation of the parameters in relation to models for the total sales based on discrete choice models. Key words and phrases. MCI model, discrete choice model, market-shares, price elasitcity, regression model. URI: http://hdl.handle.net/10398/6735 Files in this item: 1
stat-pp-2005-1.pdf (274.7Kb) -
Leander, Anna (København, 2006)[More information][Less information]
Abstract: This paper focuses on the way PMCs shape security policies and more generally political priorities. Linking up with classical thinking about "civil-military relations", it suggests that preoccupation with security professionals’ role in shaping politics is as important when these professionals are privately organised in PMCs as it is when they are enrolled in public armed forces. The paper shows that existing regulation has not been adjusted to account for this fact and that the significance of regulating PMCs’ role in shaping politics is profoundly underestimated. It therefore argues that putting the issue of regulating "civil-PMCs relations" on the agenda is essential. URI: http://hdl.handle.net/10398/7019 Files in this item: 1
pmc_regulation_working_paper-2.pdf (238.0Kb) -
implication : two shares - one priceBechmann, Ken L.; Raaballe, Johannes (København, 2000)[More information][Less information]
URI: http://hdl.handle.net/10398/7148 Files in this item: 1
bechmann_raaballe_wp2000-5.pdf (492.9Kb) -
Harr, Thomas; Rønde, Thomas (København, 2006)[More information][Less information]
Abstract: We study the optimal regulation of banking groups ("banks”), taking both minimum capital requirements and legal structure into account. A bank can set up either as one legal unit facing limited liability jointly (branch structure) or as a bank holding company with subsidiaries (subsidiary structure). Banks are exposed to risk from their unobservable asset choices and to exogenous risk from their environment. We show that banks with branches are more prudent in normal times than banks with subsidiaries, but are also less prudent when problems arise. A regulator that observes banks’ exogenous risk should optimally determine both capital requirements and legal structure. If the exogenous risk is private information to banks, it can be optimal to screen banks according to risk by setting capital requirements appropriately, and letting banks choose their legal structure. URI: http://hdl.handle.net/10398/7708 Files in this item: 1
artikel 01.pdf (717.4Kb) -
An Optimal Insurance ApproachOlai Hansen, Bodil; Keiding, Hans (København, 2000)[More information][Less information]
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Florentsen, Bjarne; Møller, Michael; Nielsen, Niels Christian (København, 2003)[More information][Less information]
Abstract: In many OECD countries, a seller has a right to reimbursement of VAT (RVAT) she has paid on goods sold, but for which she has not yet received payment. Such reimbursement of VAT on receivables is economically inefficient. It leads to: * Distortion of credit markets, by subsidizing direct credit at the cost of financial intermediaries. * Price discrimination, by subsidizing buyers with low creditworthiness. * A less efficient collection of bad debts, as trade with bad debts is made extremely expensive. The finance literature presents several "good" arguments in favor of trade credits, e.g. transaction costs and asymmetric information. In contrast RVAT is an economically "bad" argument for trade credit. It is a subsidy that leads to inefficiently high use of trade credit. URI: http://hdl.handle.net/10398/7193 Files in this item: 1
reimbursement_of_vat_2003-1.pdf (373.0Kb) -
An Empirical InvestigationFrederiksen, Claus S. (Frederiksberg, 2009)[More information][Less information]
Abstract: This paper examines the relation between policies concerning Corporate Social Responsibility (CSR) and philosophical moral theories. The objective is to determine which moral theories form the basis for CSR policies. Are they based on ethical egoism, libertarianism, utilitarianism or some kind of common-sense morality? To address this issue, I conducted an empirical investigation examining the relation between moral theories and CSR policies, in companies engaged in CSR. Based on the empirical data I collected, I start by suggesting some normative arguments used by the respondents. Secondly, I suggest that these moral arguments implicitly rely on some specific moral principles, which I characterise. Thirdly, on the basis of these moral principles, I suggest the moral theories upon which the CSR policies are built. Previous empirical studies examining the relation between philosophical moral theories and the ethical content of business activities have mainly concentrated on the ethical decision-making of managers. Some of the most prominent investigations in that regard propose that managers mainly act in accordance with utilitarian moral theory (Fritzsche and Becker, 1984; Premeaux and Mony, 1993; Premeaux, 2004). I conclude that CSR policies are not based on utilitarian thinking, but instead on some kind of common-sense morality. The ethical foundation of companies engaged in CSR thus does not mirror the ethical foundation of managers. URI: http://hdl.handle.net/10398/7822 Files in this item: 1
Working_paper_03_2009.pdf (395.6Kb) -
[More information][Less information]
Abstract: In this paper, I argue that all the existing theories of the firm, i.e., the transaction cost, knowledge-based, and entrepreneurial theories, are insightful yet partial since they only deal with one or another possible situation in which the first ever firm came to exist. In addition, all of them have a common problem of buyer/entrepreneur/firm-centrism because they all ignore the role of employees in the formation of the firm. I argue, since they are complementary to each other, a new, comprehensive and integrative theory of the firm must be able to unify them with a consideration of employees. I propose a relationship-based theory of the firm (R’BT) as such a candidate theory. The R’BT places the employer-employee (or broader, firm-stakeholder) relationships at the centre of its whole theoretical framework and argues that the notion of relationship harmony is fundamental in explaining the nature of the firm. URI: http://hdl.handle.net/10398/8054 Files in this item: 1
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Evidence from Copenhagen Business SchoolRovio-Johansson, Airi; Stenvinkel Nilsson, Ole (Frederiksberg, 2010)[More information][Less information]
Abstract: In three decades Higher Education Institutions have experienced decreasing trust and increasing demands of accountability from society. The aim is to explore how assessments of departments’ research activities can contribute to improvement of research organization, research culture and credibility. The empirical study is based on reports from two assessment rounds of nine research departments, in 1994 to 2007. Qualitative statements and recom-menda¬tions are transformed to relative quantifiable performance measures on ten different dimensions in order to study development over time and analysis of departments´ variation. Results indicate significant improvement among some departments while others have not managed to such extent. URI: http://hdl.handle.net/10398/8201 Files in this item: 1
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Praest Knudsen, Mette (København, 2002)[More information][Less information]
Abstract: The relationship and network literature has primarily focused on particular partner types e.g. buyer-supplier relationships or competitor interaction. This paper explores the relative importance of different international relationships for New Product Development processes. The paper is based on the KNOW survey1, which was carried out in 2000 in seven European countries. The analyses highlight two apparently contradictory findings, first, that relationships with customers are used most frequently at both early and late stages of the product development process, and second, that customer relationships, at the same time, have a negative impact on innovative success. Moreover, the type of knowledge exchanged in the relationship can be either complementary or supplementary in nature and the present analysis points to the importance of supplementary knowledge for innovative success. URI: http://hdl.handle.net/10398/6895 Files in this item: 1
linkwp02-20.pdf (150.7Kb) -
The Effect on Transitional GenerationsKoethenbuerger, Marko; Poutvaara, Panu (København, 2007)[More information][Less information]
Abstract: We show that taxation of rents may yield an intergenerational Pareto-improvement in a small open economy provided tax revenues are earmarked to reduce wage taxes. Previous literature has shown that rent taxation benefits current young and future generations, while we show that it also benefits the current old generation when the initially prevailing tax mix is sufficiently skewed towards wage taxation. Rent Taxes, Capitalization, Transitional Dynamics, Labor Supply, Asset Prices. URI: http://hdl.handle.net/10398/7685 Files in this item: 1
artikel 08.pdf (154.1Kb) -
The European Commission; INGINEUS; The Nordic Institute for Studies in Innovation, Research and Education (NIFU); Department of Business and Politics; DBP; Department of Business and Politics; DBP (, 2011)[More information][Less information]
Abstract: The main objective of WP9 was to provide insights into inter-sectoral differences in drivers, degree and patterns of global innovation network formation. Three different sectors, each representing their own category in the influential Pavitt (1984) taxonomy, are chosen as cases. Thus, the WP provided insights into GIN formation in each of these sectors on their own and, by way of comparative analysis, lifted the analysis to a more general European level perspective. The main research questions were: What GIN patterns are forming in the selected sectors, and to what extent are these influenced (driven, constrained) by contextual conditions specific to these sectors? The point of departure for this work package was the recognition that sectors diverge with respect to knowledge, cumulativeness and opportunity conditions. Existing empirical work e.g. show that the “global footprints” of different industries diverge according to the degree of tacitness and complexity of involved knowledge; according to degree of modularity of the product; and with the distribution of actors and environments globally which can be identified and towards which relevant linkages may be formed. Thus, different sectors face different tensions between centrifugal and centripetal forces of internationalization; which result in different patterns of international search, sourcing and collaboration. Understanding these are critical to the formulation of innovation policy in a context of globalization, as the patterns of GINs forming will determine home and host implications. National and EU level innovation policy must simultaneously account for the firm level need to interact and use the most competent and cost-effective partners world-wide; while ensuring that the linkages formed at this level strengthen rather than hollow out innovative capabilities at those same national and EU levels. URI: http://hdl.handle.net/10398/8635 Files in this item: 1
haakonsson2011_wp9 report.pdf (3.408Mb) -
Development, Validation and Application of a ModelMartensen, Anne; Grønholdt, Lars (København, 2005)[More information][Less information]
Abstract: The purpose of this paper is to develop a reputation model for higher education programmes, provide empirical evidence for the model and illustrate its application by using Copenhagen Business School (CBS) as the recurrent case. The developed model is a cause-and-effect model linking image to reputation via rational and emotional evaluations as well as relevant corporate identity determinants. As reputation, image and identity are very complex concepts, it is important to determine which of the many elements should be included in the model. This paper discusses why a given aspect is important for higher education reputation and which relations exist between the included determinants from a theoretical perspective. It is demonstrated how the model and measurement system may be a useful management tool for the improvement of the reputation of a higher education. In this way, the model can help leaders of higher education institutions to set strategic directions and support their decisions in an effort to create even better study programmes with a better reputation. Finally, managerial implications and directions for future research are discussed. Keywords: Reputation, image, corporate identity, higher education, structural equation modelling. URI: http://hdl.handle.net/10398/6646 Files in this item: 1
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Kühn Pedersen, Mogens (København, 2002)[More information][Less information]
Abstract: Requisite variety has influenced concepts of environmental relations of organization for almost half a century. This article develops the concept of ‘requisite foresight’ on the basis of its roots in cybernetics and extends its applicability to contemporary knowledge management. Organization theory incorporating a temporal aspect and reaching for ‘requisite foresight’ challenges a dualistic and rigid interpretation of organizational environment. If considered within a network of organizations ‘distributed knowledge’ paves the way for ‘requisite foresight’. A ‘foresight’ approach explains prevalent perspectives in new e-business applications, like supply chain management and customer relationship management. Concluding, ‘requisite foresight’ merges strands of reasoning useful to the expansion of organizational models in the knowledge economy. URI: http://hdl.handle.net/10398/6897 Files in this item: 1
linkwpo2-10.pdf (225.9Kb) -
Lange, Dr. Bastian (Frederiksberg, 2009)[More information][Less information]
Abstract: The paper aims at discussing the issue of governance in respect to creative scenes, a central structural element of the creative economy, exemplifying the case of Berlin. Berlin has a fast growing creative industry that has become the object of the city’s development policies and place marketing. The core question is: What are the spatial-organizational driving forces of creativity in Berlin - can they be steered by public administration? I am using Berlin as a reference case to articulate the gap between ‘state-led planning’ on the one hand and the organisational practices of self-governed creative scenes on the other. I attempt to demonstrate why a perspective change in terms of re-scaling is necessary, in order to respond to the particular practices of emerging industries and their societal form “scenes”. By re-scaling I mean the conceptualization of governance in different non-hierarchical organisational as well as spatial scales, based on the observation that scenes are considered to be a central element of the functionality of creative industries. URI: http://hdl.handle.net/10398/7981 Files in this item: 1
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Skov, Lise; Melchior, Marie Riegels (, 2008)[More information][Less information]
Abstract: Dress and fashion are rich and varied fields of study. Some scholars refer to them as ‘hybrid subjects’ because they bring together different conceptual frameworks and disciplinary approaches, including those from anthropology, art history, cultural studies, design studies, economics, history, literature, semiotics, sociology, visual culture and business studies. Invariably, such a pervasive phenomenon as dress has always been the subject of much commentary. Since the late 19th century, there has been no scarcity of research, but studies have been somewhat sporadic and tended to stay within these bounds of their own disciplines. From the 1960s to the 1990s, the leading educational institutions with words like dress and fashion in their titles, were, firstly, design schools and technical training institutions, servicing the industry, and secondly, institutes devoted to the study of dress history, directed as museums. It was only in the last decades of the 20th century that various approaches were integrated across disciplines and institutions so that it became possible to talk about something like ‘fashion studies’, reflected by the emergence of research centres, academic journals and graduate programmes with such heading. However, both the term, and what it is perceived to represent, is contested; while some scholars and institutions endorse ‘fashion studies’, others reject it or distance themselves from it. URI: http://hdl.handle.net/10398/7766 Files in this item: 1
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A possible co-existence in the universities?Hansson, Finn (København, 2005)[More information][Less information]
Abstract: The paper will address the role of the recent implementation of systems of research evaluation in universities. The role of classic quality control system, the peer review, is to produce the most trustworthy knowledge and at the same time function as a learning system in a peer-to-peer learning process based on the norms of science. Scientific work was and to a large degree still is organized as a craft guild with an apprenticeship kind of training function for young scientists, who tacitly have accepted the authoritative hierarchical system normally associated with organizations one or two centuries ago. Recent studies of knowledge creation and learning in organizational learning theory have demonstrated the complexity of the process of knowledge in organizations. But in the university the very accidental and random model for learning is still state of the art, leaving the important learning decisions in relation to knowledge and learning to the individual scientist and not to the organization, the research group or the university. These individualized and unorganized learning systems are at the same time confronted with a much more systematically organized system of research evaluation. The basic question is what will become of the classic internal and tacit modes of learning science by day to day training of young scientists, when new models of research evaluation introduces new forms of governance in universities as a response to policy demands. URI: http://hdl.handle.net/10398/6395 Files in this item: 1
wp19-2005.pdf (153.6Kb) -
Some Conceptual and Multi-level IssuesFoss, Nicolai J.; Nielsen, Bo B. (Frederiksberg, 2010)[More information][Less information]
URI: http://hdl.handle.net/10398/8161 Files in this item: 1
CBS_Forskningsindberetning_SMG_258.pdf (368.7Kb)