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Foss, Kirsten; Foss, Nicolai J.; Klein, Peter G.; Klein, Sandra K. (København, 2005)[More information][Less information]
Abstract: Several writers link entrepreneurship to asset ownership, trying to incorporate the theory of entrepreneurship into the theory of the firm. The critical link, we argue, is capital heterogeneity. Transaction cost, property rights, and resourcebased approaches to the firm assume that assets, both tangible and intangible, are heterogeneous; arranging these assets to minimize contractual hazards, to provide efficient investment incentives, or to exploit competitive advantage is conceived as the prime task of economic organization. None of these approaches, however, is based on a systematic theory of capital heterogeneity. In this paper we outline the approach to capital developed by the Austrian school of economics and integrate it into an entrepreneurial theory of the firm. We refine Austrian capital theory by defining capital heterogeneity in terms of subjectively perceived attributes, that is, the functions, characteristics, and uses of capital assets. Such attributes are not given, but have to be discovered by means of entrepreneurial action. Thinking of entrepreneurship as the organization of heterogeneous capital provides new insights into the emergence, boundaries, and internal organization of the firm, and it suggests testable implications about how and where entrepreneurship is manifested. Keywords: Entrepreneurship, heterogeneous assets, judgment, ownership, firm boundaries, internal organization. JEL Codes: B53, D23, L2 URI: http://hdl.handle.net/10398/7292 Files in this item: 1
ckg-wp 2005-5.pdf (277.6Kb) -
A Prelimenary Methodological StocktakingFoss, Nicolai J. (Frederiksberg, 1998)[More information][Less information]
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a Preliminary Methodological StocktakingJ. Foss, Nicolai (København, 1998)[More information][Less information]
Abstract: This paper discusses, from the perspective of Austrian economics, the merits and drawbacks of game theory in economics. It begins by arguing that Austrians have neglected game theory at their peril, and then argues that game theoretic reasoning may be one way of modelling key Austrian insights, although some aspects of game theory doesn’t square easily with Austrian economics. However, a major stumbling block for an Austrian acceptance of game theory may lie in the traditional Austrian resistance to formal methods. URI: http://hdl.handle.net/10398/8094 Files in this item: 1
8778730678.pdf (92.16Kb) -
Foss, Nicolai Juul (København, 1997)[More information][Less information]
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Ooi, Can-Seng; Stöber, Birgit (Frederiksberg, 2008)[More information][Less information]
Abstract: This paper compares the branding strategies of Berlin and Singapore. The respective authorities in these cities are actively marketing, branding and transforming their cities, so that these locations will be perceived as culturally vibrant, technologically advanced and attractive for investors, tourists and creative workers. While Berlin and Singapore share the same goals, they also share similar problems – how can they convince a world that is critical and cynical about the commercial images presented through their place brands? How can they convince the world that their cities are really exciting and truly creative? The arts and culture – both popular and high – are used in place branding to address some of these challenges. This paper also concludes that place branding and its authenticity must be understood in context. The emerging reality of the place means that the brand should also reflect the local entangled social, economic and political issues; the brand, in order to be authentic, should also communicate the commercial and the vision of the place. URI: http://hdl.handle.net/10398/8144 Files in this item: 1
x656557086.pdf (250.3Kb) -
Ooi, Can-Seng; Stöber, Birgit (, 2008)[More information][Less information]
Abstract: This paper compares the branding strategies of Berlin and Singapore. The respective authorities in these cities are actively marketing, branding and transforming their cities, so that these locations will be perceived as culturally vibrant, technologically advanced and attractive for investors, tourists and creative workers. While Berlin and Singapore share the same goals, they also share similar problems – how can they convince a world that is critical and cynical about the commercial images presented through their place brands? How can they convince the world that their cities are really exciting and truly creative? The arts and culture – both popular and high – are used in place branding to address some of these challenges. This paper also concludes that place branding and its authenticity must be understood in context. The emerging reality of the place means that the brand should also reflect the local entangled social, economic and political issues; the brand, in order to be authentic, should also communicate the commercial and the vision of the place. URI: http://hdl.handle.net/10398/7773 Files in this item: 1
Creative Encounters Working Papers 6.pdf (250.3Kb) -
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Abstract: The thesis is a thorough empirical study of discourses, fantasies, and patterns of interaction in highinvolvement knowledge work. My interest in the issue was sparked by a fascination with the intensity and contradictory nature of working life for many high-skilled workers. I was curious about the ambiguities and paradoxes existing within the same dynamic, and I was puzzled by the fact that such tension-ridden and precarious machinery could keep functioning despite its constant episodes of breakdown – be they emotional or organizational. My intention was to find a gaze and a language which could capture these ambiguities and tensions, rather than insisting on classical dualisms such as profit versus meaning, instrumentality versus authenticity, power versus freedom, and influence versus vulnerability...... URI: http://hdl.handle.net/10398/8061 Files in this item: 1
Susanne_Ekman.pdf (2.207Mb) -
tensions, credible delegation and implications for new organizational formsFoss, Kirsten; Foss, Nicolai Juul (København, 2002)[More information][Less information]
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Foss, Kirsten; Foss, Nicolai J. (København, 2003)[More information][Less information]
Abstract: The notion of distributed knowledge is increasingly often invoked in discussions of economic organization. In particular, the claim that authority is inefficient as a means of coordination in the context of distributed knowledge has become widespread. However, very little analysis has been dedicated to the relation between economic organization and distributed knowledge. In this paper, we concentrate on the role of authority as a coordination mechanism under conditions of distributed knowledge, and also briefly discuss other issues of economic organization. We clarify the meanings of authority and distributed knowledge, and criticize the above claim by arguing that authority may be a superior mechanism of coordination under distributed knowledge. We also discuss how distributed knowledge influences the boundaries of firms. Our arguments rely on insights in problem-solving and on ideas from organizational economics. URI: http://hdl.handle.net/10398/6894 Files in this item: 1
03-08.pdf (330.4Kb) -
Expo 2010 – Performing and regulating ‘Danishness’Ren, Carina; Ooi, Can-Seng (Frederiksberg, 2012)[More information][Less information]
Abstract: Using the concepts of auto-communication and micro-orientalism, this article argues that nation branding at World Expos produces and propagates notions of difference and otherness. By use of the Danish ‘Welfairytales’ pavilion at the 2010 Expo in Shanghai, we show how national Self is performed in two versions. One attempts to communicate ‘the good Danish life’ to the Danes themselves, while the other claims Occidental superiority. The case shows how the Danish exhibition is performed and regulated as sustainable and authentic and how in spite of its seemingly dialogical and interactive layout, a number of auto-communicative and micro-orientalist practices are enacted. URI: http://hdl.handle.net/10398/8557 Files in this item: 1
Ooi_2012.pdf (163.7Kb) -
Nistrup Madsen, Bodil; Erdman Thomsen, Hanne; Halskov, Jakob; Lassen, Tine (Frederiksberg, 2010)[More information][Less information]
Abstract: In our paper we present a project, the aim of which is to develop innovative and advanced methods for dynamic and automatic extraction of knowledge about concepts from texts and for automatic construction of ontologies. The project builds on and further develops the results of the CAOS project - Computer-Aided Ontology Structuring - which was carried out at Copenhagen Business School in the period 1998-2007. Terminological ontologies differ from other types of ontologies by comprising feature specifications and subdivision criteria. We have formalised subdivision criteria that have been used for many years in terminology work, by introducing dimensions and dimension specifications. In the CAOS prototype, facilities for semiautomatic checking of inconsistencies were developed. URI: http://hdl.handle.net/10398/8283 Files in this item: 1
TKE-2010-HET_BNM_JH_TL.pdf (370.7Kb) -
En analyse baseret på branche- og landeforskelleKromann, Lene; Rose Skaksen, Jan; Sørensen, Anders (, 2012)[More information][Less information]
Abstract: Formålet med analysen er at udnytte lande- og brancheforskelle i automation, produktivitet og beskæftigelse til at afklare i hvilken udstrækning automation påvirker produktivitet og beskæftigelse. Detaljer omkring analysen findes i: ”Automation, labor productivity and employment – a cross country comparison”. Et hovedresultat er, at arbejdsproduktiviteten i fremstillingssektoren i Danmark kan forøges med ca. 15%, hvis de enkelte brancher indenfor fremstillingssektoren udnytter automation i samme udstrækning, som i de lande, der er mest automatiserede. Det vil på kort sigt også betyde, at beskæftigelsen tendere mod at falde med 7%, men til gengæld vil den vokse med 5% på længere sigt. URI: http://hdl.handle.net/10398/8649 Files in this item: 1
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Contemplating quality and trustworthiness in organizational ethnographyKoning, Juliette; Ooi, Can-Seng (Frederiksberg, 2010)[More information][Less information]
Abstract: This paper was prepared for the “Organizational Ethnography, Assessing its Impact” theme of the 26th EGOS Colloquium 2010, Lisbon. It examines awkward moments ethnographers encounter during their field studies. We present our experiences in China and Indonesia and raise issues on how ethnographers normally impart their findings. Personally uncomfortable field situations are usually marginalised or ignored, so as not to cast doubts on the quality of our field data. We argue that the quality of ethnography would actually increase when we reflect and interrogate our awkward moments. By doing so, we identify our own politics and relate our research agenda to that of our respondents. URI: http://hdl.handle.net/10398/8060 Files in this item: 1
working_paper_Koning_and_Ooi[1].pdf (119.0Kb) -
Buch-Kromann, Matthias (København, 2006)[More information][Less information]
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the efficacy of institutional discourseZinner Henriksen, Helle; Viborg Andersen, Kim (København, 2003)[More information][Less information]
Abstract: During the mid to late 1990s, shaping diffusion of B2B e-commerce was a key priority for governments and business associations. Viewing e-commerce as the key to continuous economic growth and a vehicle for transformation to the digital economy, national action plans were formulated to accelerate the standard development and adoption of e-commerce. This chapter argues that the Danish EDI Action Plan from 1996 cemented structural problems for the ongoing adoption and diffusion of newer B2B technologies due to a discrepancy between goals and actions, imbalanced partner allocation in standard development and an overwhelming focus on the public sector despite ambitions to fuel the overall business adoption of B2B e-commerce. URI: http://hdl.handle.net/10398/6475 Files in this item: 1
utility_ inf working paper.pdf (381.9Kb) -
Bennedsen, Morten; Wolfenzon, Daniel (København, 1999)[More information][Less information]
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Connectivity and Catch-up in Emerging Market EconomiesLorenzen, Mark; Mudambi, Ram (Frederiksberg, 2010)[More information][Less information]
URI: http://hdl.handle.net/10398/8006 Files in this item: 1
41_ML_Bangalore_vs._Bollywood_Final.pdf (225.6Kb) -
- Strategi, struktur og teknologiledelseIversen, Mikael; Frøslev Christensen, Jens (København, 1996)[More information][Less information]
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Angkinand, Apanard; Wihlborg, Clas (København, 2005)[More information][Less information]
Abstract: Market discipline in banking requires that explicit and implicit insurance schemes for financial sector firms are limited, and that the lack of insurance of important stakeholders is credible. This credibility cannot be achieved without transparent, predictable procedures for distress resolution for banks, including explicit rules for the liquidation of insolvent banks. We find that very few European countries have explicit procedures for dealing with problem banks. The propositions tested in this paper are that the credibility of non-insurance in European banking depends strongly on (i) the degree of coverage of deposit insurance schemes, and (2) on the existence of enforceable rules that enhance the credibility of non-insurance of groups of stakeholders.in bank. The proxy used for credibility of non-insurance in Europe is the probability of banking crisis. Finding a U-shaped relation between the probabiity of banking crisis and the coverage of explicit deposit insurance we derive the degree of coverage that minimizes the probability of crisis in Western and Eastern Europe. JEL Classification: G21; G28; F43 Keywords: Deposit Insurance; Banking Crisis; Insolvency Procedures, Market Discipline URI: http://hdl.handle.net/10398/6798 Files in this item: 1
wplefic062005.pdf (278.1Kb) -
Wihlborg, Clas; Angkinand, Apanard (København, 2005)[More information][Less information]
Abstract: Predetermined, operational procedures for dealing with banks in distress are conspicuously absent across the world with very few exceptions. Instead governments and regulatory authorities intervene when banks approach failure. Bail-outs of important creditors, sometimes including shareholders, and blanket guarantees for creditors become the norm. We argue that efficient incentives of banks’ creditors, as well as of shareholders and managers, require predetermined rules for dealing with banks in distress, and a group of creditors that are credibly non-insured. Cross-border banking increases the need for pre-determined bank insolvency procedures that could enable banks to expand cross-border in branches. In the empirical part we show that credibility of non-insurance is maximized with a partial deposit insurance scheme, and that the coverage can be decreased if effective rule-based distress resolution procedures are implemented. URI: http://hdl.handle.net/10398/6773 Files in this item: 1
wplefic082005.pdf (249.8Kb)