Browsing by Title
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Neerup Themsen, Tim (Frederiksberg, 2014)[More information][Less information]
Abstract: This dissertation addresses one of the most popular management control practices adopted worldwide over the last three decades: the practice of risk management. The current risk management literature has argued that our knowledge of the particularities of risk management practices is limited. It has been stressed that knowledge is particularly lacking about the long-term effects of practising risk management. This dissertation responds to these calls by carrying out two longitudinal case studies of two large Danish public capital investment programmes, also known as mega-projects. The focus of the two studies has been on three key risk management-related aspects: (1) the translation of uncertainties into risks, (2) the relationship between frameworks and practices of risk management, and (3) the effects of practising risk management on knowledge and project management roles. The dissertation further advances current risk management literature into the study of mega-projects and draws upon actor-network theory. It consists of three papers, which each deals with one of the above aspects. The dissertation presents three major findings. Firstly, it is demonstrated that, contrary to expectations, only some types of uncertainties are included as risks, termed pure risks, while others, termed impure risks, are systematically excluded despite the finding that people found them relevant to include. This finding is explained with reference to technical risk devices as these were found to define the boundaries between what can and what cannot be defined as an acceptable risk and thus be included. Secondly, the dissertation demonstrates that by enacting certain realities of ‘risk’ and ‘risk management’, frameworks of risk management make the practice produce the risks that confirm its propositions and thus its success. In addition, the dissertation shows that when provisional situations arise which undermine the frameworks’ propositions, reconfiguring the risk management control system, risk terminologies and the roles of actors become key actions performed to re-establish the practice. Lastly, the dissertation demonstrates that during project processes, new uncertainties emerge which challenge project and risk management objectives as new knowledge about the conditions is produced that cannot be included. In sum, this dissertation contributes by shedding light on how practices of risk management are constructed and the effects they produce over longer periods of time. URI: http://hdl.handle.net/10398/9053 Files in this item: 1
Tim_Neerup_Themsen.pdf (2.341Mb) -
Wagner, Christian (, 2012)[More information][Less information]
Abstract: In this paper, we derive the dynamics and assess the economic value of currency speculation by formalizing the concept of a trader inaction range. We show that exchange rate returns comprise a time-varying risk-premium and that uncovered interest parity (UIP) holds in a speculative sense. The often-cited `forward bias puzzle' originates from the omission of the risk-premium in standard UIP tests. Consistent with its popularity among market professionals, the carry-trade strategy can be rationalized as it systematically collects risk-premia and generates economic value when applied in multi-currency portfolios. URI: http://hdl.handle.net/10398/9099 Files in this item: 1
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Media discourse on environmental crises in SpainHalskov Jensen, Elisabeth (København, 2004)[More information][Less information]
Abstract: ABSTRACT. This paper presents an argumentative case study of the discursive representation of risk, responsibility and political action in the Spanish media. The study uses a critical discourse analytical approach combined with theories on risk, agency and political communication in the media. It is argued that an application of the Toulmin model is useful for eliciting systematic overall repre-sentations of responsibility and agency in environmental crises such as the mad cow crisis as well as for revealing relationships between social domains such as moral, politics, economics and science in discourse. Discourse analysis shows that in the Spanish newspaper sample the focus was on the construal of high risk and on the construal of the national Spanish politicians, the EU and the Brit-ish nation as scapegoats. No responsibility was associated with consumers or other individual players. Political action was transformed into a moral respon-sibility on the part of the national and European politicians, constrained by economic and technical-scientific reality and represented as taking place only in the public sphere. KEY WORDS: CDA, World Risk Society, argumentation, media discourse, argumentation, responsibility, political action, Spanish government, environmental crises. URI: http://hdl.handle.net/10398/6851 Files in this item: 1
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Evidence from a Lab-in-the-Field ExperimentKoudstaal, Martin; Sloof, Randolph; van Praag, Mirjam (Rotterdam, 2014)[More information][Less information]
Abstract: Theory predicts that entrepreneurs have distinct attitudes towards risk and uncertainty, but empirical evidence is mixed. To better understand the unique behavioral characteristics of entrepreneurs and the causes of these mixed results, we perform a large ‘lab-in-the-field’ experiment comparing entrepreneurs to managers – a suitable comparison group – and employees (n = 2288). The results indicate that entrepreneurs perceive themselves as less risk averse than managers and employees, in line with common wisdom. However, when using experimental incentivized measures, the differences are subtler. Entrepreneurs are only found to be unique in their lower degree of loss aversion, and not in their risk or ambiguity aversion. This combination of results might be explained by our finding that perceived risk attitude is not only correlated to risk aversion but also to loss aversion. Overall, we therefore suggest using a broader definition of risk that captures this unique feature of entrepreneurs; their willingness to risk losses. URI: http://hdl.handle.net/10398/9034 Files in this item: 1
Praag.pdf (1.181Mb) -
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Abstract: The paper looks at initiatives taken by the Mexican Employers’ Confederation (COPARMEX) aimed at promoting collaboration among civil society associations around the issue of public safety. Insecurity in the form of robbery, assault and kidnapping causes huge losses to business in Mexico. It is argued that business leaders are seeking to create consensus and form alliances among civil society around the topic of insecurity, both to combat crime but also as a strategy to strengthen links with civil society and improve the image of business, which has suffered due to the increasing resonance of anti-capital and anti-globalisation discourses in the region. URI: http://hdl.handle.net/10398/7040 Files in this item: 1
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The Case of Stem CellsBorcha, Kristian; Norus, Jesper (København, 2004)[More information][Less information]
Abstract: The aim of this paper is to explore technological roadmaps to identify key issues concerning the development and utilization of stem cells. From a review of the political decision making processes in three countries, Denmark, the Netherlands, and Germany we suggest that technological roadmapping in this emerging and discontinued technology can provide critical policy information. This type of policy intelligence can be used to rethink the regulatory practices away from today’s framework based regulation of the emerging technologies towards a regulatory policy based on how to develop regulatory practices based on the content and visions of the technologies in question. In the conclusion we discuss that the positive side effect of such a shift in the regulatory paradigm is that technological roadmapping can be used as a planning tool to deal with priorities in the health care system when the technologies are in its embryonic stage. Key words: Stem cell technologies, Roadmap, S&T policy. URI: http://hdl.handle.net/10398/6775 Files in this item: 1
wp05-2004.pdf (99.29Kb) -
Effekter og udfordringerAndersen, Kim Normann; Medaglia, Rony (, 2009)[More information][Less information]
Abstract: Staten bruger millioner på rengøring alt mens ældrecentre og ældre i eget hjem er skydeskiven for de arbejdskraftbesparende teknologier. ABT-fondens indsats skønnes at skubbe yderligere til denne digitalisering. Budgetterne i den statslige sektor er ikke påvirket af robotteknologien, mens der eksperimenteres på livet løs i kommunerne. Mens kommunerne således har haft en række pilotforsøg og taget robotteknologien til sig, har de mange statslige styrelser, universiteter og departementer tilsyneladende holdt robotterne i arms længde. Derved har staten ikke blot lidt et ressourcetab, men også mindsket mulige afledte positive innovationsgevinster. URI: http://hdl.handle.net/10398/7787 Files in this item: 1
CAICT_2009_03.pdf (978.3Kb) -
Andersen, Kim Normann (Frederiksberg, 2012)[More information][Less information]
Abstract: Denne rapport sætter fokus på robotstøvsugning på større, ensartede gulvarealer i den offentlige sektor. Med udgangspunkt i et rammeværktøj (den såkaldte CIVO-model), er den opsigtsvækkende konklusion i rapporten, at der kan opnåes et højere rengøringsresultat ved hjælp af robotstøvsugning sammenlignet med konventionel rengøring. Opretholdes samme rengøringsniveau målt ved vægten af indsamlet støv og snavs, er besparelsespotentialet 25%-75% af de medgåede omkostninger til støvsugning og tørmobning af gulvarealer. Samlet set vurderes det, at der rengøres godt 18 millioner m2 gulvarealer i den offentlige sektor. Hvis hele dette areal skal støvsuges med robotter, vil det kræve en indsats af mere end 225.000 robotter. Rapportens udgangspunkt er den aktuelle markedsmodning af robotstøvsugere til større arealer. De større producenter enten har eller er tæt på at markedsføre støvsugere med større rækkevidde og bedre navigationssystemer. Dermed er vejen banet for at bl.a. rådhuse, skoler, plejecentre, styrelser og ministerier kan begynde ibragtagningen af robotstøvsugerne. Kommunerne har haft en relativ aggressiv kurs med lancering af robotstøvsugerne i visitationen til bl.a. ældre. Rapporten peger på, at der kan hentes mindst lige så store driftgevinster ved at rette fokus på den offentlige sektors egen brug af støvsugerne. Det langsomme optag i den offentlige sektor tilskrives i rapporten, at den tekniske modning af støvsugerne først i 2011 og 2012 er slået igennem for robotterne til større arealer samt at der er en vis inerti p.g.a. eksisterende udbudskontrakter og manglende erfaring med at indbygge krav til dette i udbudsmaterialet. URI: http://hdl.handle.net/10398/8454 Files in this item: 1
Kim_Normann_Andersen_2012_1.pdf (375.7Kb) -
Kühn Pedersen, Mogens; Holm Larsen, Michael (København, 2003)[More information][Less information]
Abstract: In globalizing competitive markets knowledge exchange between business organizations requires incentive mechanisms to ensure tactical purposes while strategic purposes are subject to joint organization and other forms of contractual obligations. Where property of knowledge (e.g. patents and copyrights) and contractbased knowledge exchange do not obtain network effectiveness because of prohibitive transaction costs in reducing uncertainty, we suggest a robust model for peer produced knowledge within a distributed setting. The peer produced knowledge exchange model relies upon a double loop knowledge conversion with symmetric incentives in a network since the production of actor specific knowledge makes any knowledge appropriation by use of property rights by the actors irrelevant. Without property rights in knowledge the actor network generates opportunity for incentive symmetry over a period of time. The model merges specific knowledge with knowledge from other actors into a decision support system specific for each actor in the network in recognition of actor role differences. The article suggests a set of 9 static and 5 dynamic propositions for the model to maintain symmetric incentives between different actor networks. The model is proposed for business networks. URI: http://hdl.handle.net/10398/6487 Files in this item: 1
no.13.pdf (3.362Mb) -
Shollo, Arisa (Frederiksberg, 2013)[More information][Less information]
Abstract: This Ph.D. thesis is concerned with the role of the business intelligence (BI) output in organizational decision-making processes. The primary focus of this thesis is to investigate how this BI output is employed and deployed by decision-makers to shape collective judgement and to reach organizational decisions. Concerning the role of the BI output in decision-making the BI literature is characterized by normative ideas of how the BI output should be used in decision-making and how it can enable people to make better decisions. Most previous work has concerned methods and technologies to collect, store and analyze BI. It has also, assumed a rational approach to decision making where data from information systems are used to inform decisions either by reducing uncertainty, ambiguity or complexity. This study attempts to establish knowledge about the role of the BI output in the IT project prioritization process of the Group IT of the Danske Bank Group. Hence, the starting point of this thesis is a 16-month long interpretive study from March 2010 till July 2011 during which I observed the prioritization process and collected various forms of data. I use a rich dataset built from this longitudinal study of the IT project prioritization process in Group IT where thematic analysis is used to analyze the data. Overall, the study operates under the interpretive paradigm, which assumes that the world and knowledge are socially constructed. URI: http://hdl.handle.net/10398/8664 Files in this item: 1
Arisa_Shollo.pdf (4.175Mb) -
evidence from baltic and other transitional economiesMygind, Niels (København, 2002)[More information][Less information]
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Foss, Nicolai J.; Lyngsie, Jacob; Zahra, Shaker A. (Frederiksberg, 2013)[More information][Less information]
Abstract: Research highlights the role of external knowledge sources in the recognition of strategic opportunities, but is less forthcoming with respect to the role of such sources during the process of exploiting or realizing opportunities. We build on the knowledge-based view to propose that realizing opportunities often involves significant interactions with external knowledge sources. Organizational design can facilitate a firm’s interactions with these sources, while achieving coordination among organizational members engaged in opportunity exploitation. Our analysis of a double-respondent survey involving 536 Danish firms shows that the use of external knowledge sources is positively associated with opportunity exploitation, but the strength of this association is significantly influenced by organizational designs that enable the firm to access external knowledge during the process of exploiting opportunities. URI: http://hdl.handle.net/10398/8680 Files in this item: 1
SMGWP2013_6.pdf (545.6Kb) -
CPH Kids and Danish Children's FashionCsaba, Fabian Faurholt; Larsen, Frederik (Frederiksberg, 2011)[More information][Less information]
Abstract: During the Copenhagen Fashion Week A/W 2010, CPH Kids opened as the first independent trade fair for children’s clothing. Despite considerable resistance, the fair managed to establish itself and challenge the established order by providing a venue devoted fully to children’s clothing and luring away exhibitors and visitors looking for change. In this paper, we analyze the dynamic development and distinctive traits of the children’s clothing sector symbolized at the new fair. Our study contributes to inquiry into the role of fairs and festivals in the creative industries by examining the special case of coinciding, competing trade fairs. We introduce and build on three closely related, but in our view complementary, concepts applied and developed in analyses of festivals, trade shows and other kinds of temporary, usually competitive events, namely tournament rituals, field configuring events and tournaments of value. We establish the common ground of the three approaches, particular their assertion of the rich research potential and vital significance of festivals, fairs and similar events for many fields, whether deemed creative or not. We also single out particular strengths of each approach, which inform our inquiry. They review of theory, points to how existing work has explored fairs as arenas of conflict between exhibitors as well as the rivalry between events separated in time and/or place. In our case, we demonstrate how the emergence of a rival fair both incites and exposes division or segmentation of a field. This observation in our view, challenges prevailing understandings of the relationship between fields and the events, we assume represent and shape them. We argue that it is more complicated than extant theory suggests, and this has implications for the analysis of the fairs and to their role in configuring field. We raise questions about the precise manner in and extent to which events configure field, and point to the agency of event organizers, the fair context and the fair as medium as factors that need to be factored in. The reflections on the field configuring capacity of fairs and similar event, inform our explorations of Danish childrenswear. Following the tournament of value-approach, we place values – more specifically how different values are affirmed and negotiated at the fairs – at the center of our analysis. The approach suggests, that symbolic value, and ultimately the (economic) value exchange value, of cultural products are established through judgments of their technical/material, social, situational, appreciative and utility values. However, we do not focus as much on specific evaluative practices in the field, as the cultural values and norms around which childhood is constructed. These values are vital for the field of children’s clothing, so we address contemporary concerns about childhood placing a particular emphasis on the Nordic context with its the notion of “the competent child”. While our analysis only offers only selected snapshots of the many activities at the two fairs, we have pointed to some of the ways in which positions are staked, values are addressed, forms of capital built and exchanged, and different field configuring mechanisms operate. We conclude, that while further research is required to gauge the field configuring impact of CPH Kids and explore the values, identities and structures of Danish children’s fashion in more depth, our investigation points to the field dividing impact that fairs might have. URI: http://hdl.handle.net/10398/8254 Files in this item: 1
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CPH Kids and Danish Children’s FashionCsaba, Fabian Faurholt; Larsen, Frederik (Frederiksberg, 2010)[More information][Less information]
Abstract: During the Copenhagen Fashion Week A/W 2010, CPH Kids opened as the first independent trade fair for children’s clothing. Despite considerable resistance, the fair managed to establish itself and challenge the established order by providing a venue devoted fully to children’s clothing and luring away exhibitors and visitors looking for change. In this paper, we analyze the dynamic development and distinctive traits of the children’s clothing sector symbolized at the new fair. Our study contributes to inquiry into the role of fairs and festivals in the creative industries by examining the special case of coinciding, competing trade fairs. We introduce and build on three closely related, but in our view complementary, concepts applied and developed in analyses of festivals, trade shows and other kinds of temporary, usually competitive events, namely tournament rituals, field configuring events and tournaments of value. We establish the common ground of the three approaches, particular their assertion of the rich research potential and vital significance of festivals, fairs and similar events for many fields, whether deemed creative or not. We also single out particular strengths of each approach, which inform our inquiry.... URI: http://hdl.handle.net/10398/8238 Files in this item: 1
FaurholtCsaba__Larsen_paper1.pdf (325.2Kb) -
Bernhard Nielsen, Bo (København, 2001)[More information][Less information]
Abstract: This paper develops a conceptual model, based on a structural equation approach, for empirically investigating the role played by relational embeddedness in the process of creation of synergies of knowledge related capabilities in international strategic alliances. The theoretical model identifies an underlying latent construct; knowledge embeddedness and its antecedents: complementarity, compatibility, tacitness, trust, protectiveness, coordination, and cultural distance, which needs to be explicitly recognized and integrated in the theory of creation of synergies in international strategic alliances. While the individual importance of most of these variables has long been recognized in both strategic alliance and social exchange literature, their simultaneous effects have thus far been ignored. Embeddedness is hypothesized to be a full mediator of these effects on creation of synergies. Furthermore, alliance longevity, absorptive capacity, network capacity, and collaborative know-how are proposed to moderate these effects. URI: http://hdl.handle.net/10398/6547 Files in this item: 1
wp7-2001-bbn.pdf (115.4Kb) -
wherefrom and whereto?Petersen, Bent; Pedersen, Torben; Sharma, Deo (København, 2001)[More information][Less information]
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Hougaard, Jens Leth; Tjur, Tue; Østerdal, Lars Peter (København, 2004)[More information][Less information]
Abstract: Discrete choice experiments are widely used in relation to health care. A stream of recent literature therefore aims at testing the validity of the underlying preference axioms of completeness and transitivity, and detecting other preference phenomena such as unstability, learn- ing/tiredness effects, ordering effects, dominance, etc. Unfortunately there seems to be some confusion about what is actually being tested, and the link between the statistical tests performed and the relevant underlying model of respondent behaviour has not been explored in this literature. The present paper tries to clarify the notions involved and discuss what can be tested in a general frequency of choice frame- work and more specifically in a random utility model. URI: http://hdl.handle.net/10398/6731 Files in this item: 1
04-1.pdf (151.6Kb) -
Becker, Markus C.; Knudsen, Thorbjørn (København, 2001)[More information][Less information]
Abstract: Under conditions of pervasive uncertainty, increasing the "amount" of information will not necessarily decrease uncertainty. Perhaps more information will even increase uncertainty. Since information may be valuable, even under conditions of pervasive uncertainty, this amounts to a puzzle. Its solution seems to hold the promise of understanding how decisionmakers actually go about reducing uncertainty in its more pervasive forms and is therefore at the center of attention in the present article. It is hypothesized that the role of routines in decision-making provides the key to solve the "information puzzle." Drawing on data from 56 companies, the argument is supported by empirical tests employing path analysis by linear structural equations modeling. URI: http://hdl.handle.net/10398/6907 Files in this item: 1
linkwp01-28.pdf (99.72Kb) -
Tryggestad, Kjell (København, 2004)[More information][Less information]
Abstract: The aim of this paper is to inquire into the role of socio-technical devices like value metrics and accounting in organizing the service market. The authors provide a case on how such devices participates in framing the market for transportation during the introduction of large-scale bridges. In addition to the traditional role of accounting as a representation device, the authors also show how these devices participate in performing the service economy – undermining and redrawing organizational boundaries in unexpected ways. The presence of multiple connections with socio-technical devices are then brought into an explanation of the overflowing and reconfiguration of the transportation market. URI: http://hdl.handle.net/10398/6712 Files in this item: 1
forside20043working paper.pdf (2.655Mb) -
Drivers for influenceBeckmann, Suzanne C.; Jalving, Michala; Rohde Olsen, Sarah (Frederiksberg, 2013)[More information][Less information]
Abstract: The role of marketing within companies and organisations has been discussed for a long time, as well as its opportunities for influence – not least in times of financial constraints and difficult economic contexts. Through in-depth interviews we investigated how nine Danish top executives see the marketing department’s potential for influence within companies in general and in their specific organisations. The objective was to gain deep insight into the informants’ experiences with marketing and its position within Danish companies and to relate this insight to the level of market orientation. We found strong similarities with other research into the antecedents of marketing’s influence and established another key factor, namely employee competencies and thereby the responsibility of human resource management as well as a cultural moderator, namely creativity bias of marketing employees. URI: http://hdl.handle.net/10398/8760 Files in this item: 1
Beckmann.pdf (183.5Kb)