Browsing by Title
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Andersen, Torben J.; Joshi, Mahesh P. (København, 2008)[More information][Less information]
Abstract: The strategic orientations of global integration and local responsiveness (the I-R framework) continue to dominate analyses of internationalization strategies and identify the basic strategy typologies of multinational enterprise. Much effort has been devoted to verify the generic strategies established within the original I-R framework but few studies have investigated their implied performance effects. In conformity with the foundations of the I-R framework we characterize the strategic orientations by their implied corporate decision structures and strategy processes and analyze their performance associations in two distinct industrial environments. The evidence from this analysis contradicts predictions in the conventional I-R framework. We explain this conundrum from a resource-based perspective as firms operating in technology intensive environments outperform when they have access to diverse multinational resources whereas firms in common goods businesses gain economies from global product standards. URI: http://hdl.handle.net/10398/7428 Files in this item: 1
smg wp 2008-11.pdf (370.4Kb) -
The case of the US express delivery industryMahnke, Volker; Overby, Mikkel Lucas; Özcan, Serden (København, 2004)[More information][Less information]
Abstract: IT-enabled innovations are of increasing importance for competitive success in a range to develop associated competencies - in-house and/or through outsourcing - consequential for creating and sustaining competitive advantage. Against the backdrop of the importance of IT-enabled innovation, the key concern of this chapter is to address the crucial question: How do capability development strategies differ between first-movers and late entrants in IT-enabled services. We develop theory based on three explorative case studies – FedEx, UPS and DHL. An analysis of the three companies reveals that governance choices are influenced by a company’s attempts to create, imitate, and/or leapfrog IT-enabled innovation in varying technological regimes. of industries including express delivery services. How companies choose associated competences - in-house and/or through outsourcing - is conseqcreating and sustaining competitive advantage. Against the backdrop of the of IT-enabled innovation, the key concern of this chapter is to address URI: http://hdl.handle.net/10398/6499 Files in this item: 1
18-2004.pdf (538.4Kb) -
Andersen, Torben Juul; Roggi, Oliviero (Frederiksberg, 2012)[More information][Less information]
Abstract: Major corporate failures, periodic recessions, regional debt crises and volatile markets have intensified the focus on corporate risk management as the means to deal better with turbulent business conditions. Hence, the ability to respond effectively to the often dramatic environmental changes is considered an important source of competitive advantage. However, surprisingly little research has analyzed if the presumed advantages of effective risk management lead to superior performance or assessed important antecedents of effective risk management capabilities. Here we present a comprehensive study of risk management effectiveness and the relationship to corporate performance based on panel data for more than 3,400 firms accounting for over 33,500 annual observations during the turbulent period 1991- 2010. Determining effective risk management as the ability to reduce earnings and cash flow volatility, we find that it has significant positive relationships to lagged performance measures after controlling for industry effects and company size. We also find that availability of slack resources and investment commitments affect the risk management capabilities and their relationship to performance. URI: http://hdl.handle.net/10398/8696 Files in this item: 1
Torben Andersen.pdf (170.6Kb) -
Juul Andersen, Torben (København, 2005)[More information][Less information]
Abstract: Liberalizations of international trade and improvements in communication and information technologies allow companies to organize around extensive multinational structures of cross-border sourcing networks. In a freely interacting market setting multinational enterprise is exposed to financial and economic risks that can be monitored within conventional reporting systems and managed through use of various derivative instruments. All the while, a dispersed multinational structure can be vulnerable to disruptions caused by changing economic conditions, competitive moves, and geopolitical developments as well as natural disasters and terrorist events that are difficult to forecast. Consequently, current risk management techniques span from conventional gap analyses and quantitative value-at-risk measures of market-related exposures to more qualitative assessments of competitive exposures and low-frequency high-impact disaster events based on scenario analyses. Hence, there is a need to consider risk management approaches that integrate relatively transparent financial exposures with the consequences of uncertain and hard-to-quantify event risks. This paper outlines the contours of such a strategic risk management framework incorporating conventional exposure measures and simulation techniques to assess vulnerability and responsiveness in a turbulent global setting. URI: http://hdl.handle.net/10398/7426 Files in this item: 1
smg wp 2005-003.pdf (526.7Kb) -
Lobontiu, Gabriela (København, 2002)[More information][Less information]
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Duus, Henrik Johannsen (København, 2007)[More information][Less information]
Abstract: Der kan forventes en øget interesse for virksomhedens eksterne omgivelser i strategilægningen i forbindelse med ændringer i virksomhedernes erhvervsbetingelser. Dette aktualiserer Strategisk Forecasting, som kan defineres som det område af erhvervsøkonomien, der omhandler studiet og anvendelsen af metoder, teorier og teknikker, som understøtter langsigtede analyser af virksomhedernes fjernmiljø i forbindelse med den strategiske iværksættelse af innovative aktiviteter. Dette paper afgrænser området i forhold til andre typer af analyser og udvikler det teoretiske grundlag bag området. Afslutningsvis specificeres udfordringerne i den fremtidige teoretiske udvikling og implikationerne for den erhvervsøkonomiske praksis i virksomhederne. URI: http://hdl.handle.net/10398/7680 Files in this item: 1
cme 2007-014.pdf (257.2Kb) -
Sløk, Camilla; Ryberg, Marie (Frederiksberg, 2010)[More information][Less information]
Abstract: Denne rapport undersøger, hvordan strategisk ledelse bliver beskrevet i kvalitative interviews med 22 skoleledere fordelt over størstedelen af landet. Dvs. kommunerne Odense, Fåborg-Midtfyn, Assens, Nyborg, Fredericia, Syddjurs, Skanderborg, Mariager Fjord, Silkeborg, Frederikshavn, Aalborg, Ringkøbing-Skjern, Varde, Fredensborg, Rudersdal, Lyngby-Taarbæk, Frederiksberg, Haderslev, Gladsaxe og Køge. Baggrunden for undersøgelsen er OECD’s kritik (2007) af, at der foregår for lidt strategisk ledelse i folkeskolen og for meget pædagogisk/faglig ledelse. Formålet med undersøgelsen var gennem interviews at skabe forståelse for, hvordan skoleledere selv 1) forstår og 2) arbejder med strategisk ledelse, når man giver dem ordet i en interviewundersøgelse. URI: http://hdl.handle.net/10398/8271 Files in this item: 1
Strategisk_ledelse_i_folkeskolen.pdf (745.4Kb) -
Overvejelser om iværksættelse af kommunikation og valg af tegn i en professionel kontekstBak, Annette Cecilie; Nørgaard, Jens Lautrup (København, 2006)[More information][Less information]
Abstract: Semiotikken er først og fremmest en teori om betydning og en analytisk ramme om betydningsdannelse. Dermed er semiotikken grundlæggende rettet mod den allerede foreliggende kommunikation. Imidlertid kan semiotik også bringes i frugtbar anvendelse i en fremadrettet iværksættelse af kommunikation, der søger at kombinere kommunikativ handling med reflektorisk skarphed. Det er formålet i dette paper at indtænke semiotikkens refleksion i en fremadrettet kommunikationspraksis. Paperet er motiveret af konkrete undervisningssammenhænge, og dets sigte er primært didaktisk. URI: http://hdl.handle.net/10398/6853 Files in this item: 1
fremadrettetsemiotik.pdf (302.7Kb) -
Holm Larsen, Michael; Kühn Pedersen, Mogens (København, 2001)[More information][Less information]
Abstract: Knowledge management is rarely found in a strategy context. Although some companies already have introduced the role of a chief knowledge officer, knowledge management is not treated as a strategic endeavour. Furthermore, contributions from an academic point of view are scarce in the field of the strategic issues of knowledge management. This paper contributes with some insight in pointing out the strategic question that knowledge management might provide answers for: The efficiency issue of stategic positioning. Furthermore, the paper emphasises the distinction between symmetric and asymmetric incentives in business relations, and on this basis identifies the notion of Distributed Knowledge Management as a means for creating efficiency strategies with symmetric incentives in business relations. In this way a strategic agenda for knowledge management is identified. URI: http://hdl.handle.net/10398/6864 Files in this item: 1
linkwp01-17.pdf (90.85Kb) -
past debates, central questions, and future research possibilitiesFoss, Nicolai Juul (København, 2002)[More information][Less information]
Abstract: The role of transaction cost economics in developing research in strategy has been a hotly debated topic over the last decade. This paper presents the radical argument that transaction cost insights are more than merely useful complements to existing approaches to strategy. Rather, they are necessary for adequately understanding the nature of strategizing. This is because transaction costs are essential aspects of processes of creating, capturing and protecting value. If transaction costs are zero, these processes do not pose any strategic problems; strategizing is trivialized in such a world. When transaction costs are positive, on the other hand, opportunities for value creation through the reduction of inefficiencies caused by transaction costs exist, and protecting and appropriating value are costly activities that dissipate value. Also, contracting and expectations enter as central aspects of strategizing. Arguments are provided for why economizing (with transaction costs) is more fundamental than strategizing (in the sense of exploiting market power). Thus, the paper argues that models in which the fullest possible account of transaction costs is made be used as the proper foundations and benchmarks for economics-based strategy research, rather than the patched-up competitive equilibrium models that are now used, more or less implicitly, as the benchmark in important parts of strategy research, most notably in the resource-based view. URI: http://hdl.handle.net/10398/6911 Files in this item: 1
druid02-04.pdf (448.9Kb) -
Juul Andersen, Torben; Fredens, Kjeld (Frederiksberg, 2011)[More information][Less information]
Abstract: Corporate entrepreneurship is deemed essential to uncover opportunities that shape the future strategic path and adapt the firm to environmental change (e.g., Covin and Miles, 1999; Wolcott and Lippitz, 2007). At the same time, rational central processes are important to execute strategic actions in a coordinated manner (e.g., Baum and Wally, 2003; Brews and Hunt, 1999; Goll and Rasheed, 1997). That is, the organization’s adaptive responses and dynamic capabilities are embedded in integrative structures that accommodate dispersed business initiatives. The dual concerns for integration and entrepreneurial behavior are reflected in the conjoint need for effective routines and exploratory search in adaptive systems (e.g., Pfeifer and Bongard, 2007; Sutton and Barto, 1998). It has also been expressed as a need to balance exploitation and exploration (March, 2001) and configure ambidextrous organizational forms (e.g., O’Reilly and Tushman, 2008; Tushman and O’Reilly, 2004). In strategy research, optimization and rejuvenation perspectives have variously been described as intended and emergent strategies (Mintzberg, 1978; Mintzberg and Waters, 1985), top‐down and bottom‐up strategies (Nonaka, 1987), induced and autonomous strategy processes (Burgelman, 2005; Burgelman and Grove, 1996, 2007), central planning and decentralized initiatives (Andersen, 2000, 2004, Andersen and Nielsen, 2009). Burgelman and Grove (2007) outline such a combined strategy process and observe how central direction and dispersed exploration can change over time influenced by strategic leadership. URI: http://hdl.handle.net/10398/8552 Files in this item: 1
Andersen_Fredens_SMG.pdf (286.1Kb) -
some thoughts on the transaction cost foundations of firm strategyFoss, Nicolai Juul (København, 2000)[More information][Less information]
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Poulsen, Thorbjørn; Plenborg, Thomas; Rohde, Carsten (Frederiksberg, 2009)[More information][Less information]
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J. Foss, Nicolai, Volker Mahnke (København, 1998)[More information][Less information]
Abstract: We argue that strategizing fundamentally concerns disequilibrium phenomena, such as discovery, innovation, resource-combination, imagination - in short, entrepreneurship. Therefore, the understanding of strategizing is likely to be led astray by drawing too heavily on equilibrium theories. Arguably, the three dominant economic approaches to strategy - the Porter industry analysis approach, the new industrial organization, and the ressourcebased approach - are characterized precisely by their strong reliance on equilibrium methodology. We argue that the market process approach in its Austrian version offers much inspiration for bringing process issues to bear on strategy issues. URI: http://hdl.handle.net/10398/8093 Files in this item: 1
8778730686.pdf (107.6Kb) -
Mahnke, Volker; Foss, Nicolai J. (Frederiksberg, 1998)[More information][Less information]
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Comparison of Danish and Swedish drug discovery firmsLund Jensen, Rasmus; Dahlgren, Henrich; Valentin, Finn (København, 2006)[More information][Less information]
Abstract: This report studies employment effects associated with the adoption of modern biotechnology in Danish industry. In this context we also examine industry structure, patterns of job creation, key outputs such as patents and the pipeline of projects in clinical trials. To see the development of Danish biotech firms in a relevant context we compare a Danish segment of biotech firms with a matching Swedish segment. From an overall assessment modern biotechnology, despite the three decades elapsed since the first genetic manipulation, is still in a stage of experimentation, learning how to turn its new tools and approaches into an operational, reliable, cost-effective technology, sufficiently "pluggable” with other technologies. Therefore employment directly related to biotech is particularly visible and identifiable in firms focused on R&D. Outside this core of R&D activity other industries appear as early adopters of biotech, but only parts of their activities relate to modern biotechnology. From the outside it is difficult to isolate what share of their employment is attributable to their activities within biotechnology. In pursuit of clarity on the role of biotechnology this report studies a segment of Drug Discovery Firms (DDFs), which almost exclusively are based on capabilities in biotech research. This delimitation gives the advantage of studying a homogenous segment of firms. At the same time, this segment of biotech research firms is an informative indicator of the ability of the Danish economy to perform in the transition towards knowledge and sciencebased competitiveness. That is so because DDFs to an unusual extent depend on the ability of their framework to perform as an innovation system, by which we refer to advantages growing out of interactions and complementarities between e.g. universities, firms and venture capital. That makes DDFs a sensitive "seismograph" for the ability of the Danish innovation system to foster new science-based technologies. Key words: Employment, Biotechnology, Firm size distribution, Industry structure, Firm performance JEL Codes: J21, L11, L22, L25, L65, O57 URI: http://hdl.handle.net/10398/6781 Files in this item: 1
wp05-2006.pdf (393.7Kb) -
Højlund, Holger; la Cour, Anders (København, 2005)[More information][Less information]
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Laursen, Keld; Drejer, Ina (Frederiksberg, 1997)[More information][Less information]
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Carl, Michael (, 2008)[More information][Less information]
Abstract: The paper introduces a new research strategy for the investigation of human translation behavior. While conventional cognitive research methods make use of think aloud protocols (TAP), we introduce and investigate User- Activity Data (UAD). UAD consists of the translator’s recorded keystroke and eye-movement behavior, which makes it possible to replay a translation session and to register the subjects’ comments on their own behavior during a retrospective interview. UAD has the advantage of being objective and reproducable, and, in contrast to TAP, does not interfere with the translation process. The paper gives the background of this technique and an example on a English-to-Danish translation. Our goal is to elaborate and investigate cognitively grounded basic translation concepts which are materialized and traceable in the UAD and which, in a later stage, will provide the basis for appropriate and targeted help for the translator at a given moment. URI: http://hdl.handle.net/10398/8044 Files in this item: 1
UAD-3.pdf (408.4Kb) -
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Abstract: This working paper – written for inclusion as a chapter on Japanese society, to be published in Chinese by the Beijing University of Foreign Studies later in 2011 – looks at popular culture as a form of cultural production. It argues for the need to study popular cultural forms like advertisements, ceramics, fashion magazines and folk art as both products and as processes of design, manufacture, distribution, appreciation and use, which must all be taken into account. Precisely because popular cultural forms are both cultural products and commodities, they reveal the complementary nature of the two categories of culture and the economy. The paper outlines and analyses the different ways in which social, cultural, symbolic and economic capital are converted by those participating in advertising, ceramic, fashion magazine and folk art worlds, and suggests that popular culture may best be seen as a name economy. URI: http://hdl.handle.net/10398/8252 Files in this item: 1