Browsing Centres by Title
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an application to transition economiesKalmi, Panu (København, 1999)[More information][Less information]
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Koss Rasmussen, Rasmus (Frederiksberg, 2011)[More information][Less information]
Abstract: In CMS, debates on methodology have typically taken second stage to those on epistemology and ontology as the field embraced a plurality of methods. Recent work pushing for CMS to engage more strongly with mainstream theory, however, raises the need for a discussion on how to use methods recognizable to the mainstream in progressive ways. This paper seeks to remedy this lacunae by linking the concept of Critical Performativity (Spicer, Alvesson & Kärreman, 2009) to case study research and shows how case studies informed by Critical Realism (Easton, 2010a) can be generalized to “what could be” (Schofield, 2002). In this way, employing case studies in a progressive fashion may serve as a valuable means for a critically perfomative CMS to achieve greater impact through influence on mainstream theory building, business school education and management practice. URI: http://hdl.handle.net/10398/8298 Files in this item: 1
Encouraging_cases_Working_paper_2_.pdf (179.2Kb) -
Schmidt, Marcus (København, 2005)[More information][Less information]
Abstract: Den foreliggende rapport bygger på en analyse af 871 huskesedler. Sedlerne er dels indsamlet i Jylland og dels i København. Indsamlingen af forbrugernes kasserede huskesedler er foregået såvel inde i dagligvarebutikkerne (indkøbskurve, affaldsspande) som ude foran butikkerne (parkeringsplads, indkøbsvogne). Dataindsamlingen omfatter de største supermarkeder og discountbutikker samt Bilka. Det vedhæftede appendiks forenden indeholder en nærmere redegørelse for den anvendte metodiske fremgangsmåde. Da produkter på en indkøbsseddel ofte er uklart beskrevet ("frugt" "grønt", "diverse pålæg", "weekendguf" osv.) har vi valgt at betegne hver nedfældning, der er protokolleret på papir, som et vareemne eller et indkøbsforsæt. "2 Agurker" og "Rød Merrild, 23,95" er ret præcist beskrevet, hvilket "frugt", "diverse pålæg" eller "morgenmad" ikke just kan siges at være. Medens en indkøbsseddel giver fuld mening og kan "afkodes" af medlemmerne af den pågældende husstand, kan den virke indforstået og delvis uforståelig for udenforstående. Øl er måske ensbetydende med den ramme med 6 Tuborg, som man plejer at købe, "frugt" kan være synonym med bananer, æbler og appelsiner, husstandens tre foretrukne frugter osv. De 871 huskesedler indeholdt i gennemsnit lidt over 9 vareemner. Medens der er store udsving, gælder at flertallet af huskesedler indeholder mellem 3 og 15 vareemner. Der er dog en spredning i opadgående retning. En huskeseddel indeholdt faktisk 60 emner. Se Figur 2 forneden i appendiks. Samlet rummede de 871 sedler 8047 vareemner. Skønsvist drejer det sig om mellem 600 og 800 forskellige produkter. Det præcise tal lader sig ikke helt fastlægge, idet visse vareemner ("grønt", "pålæg" og "tøj" osv. i modsætning til agurker, hamburgerryg og Adidas T-shirt XL) ikke tillader identifikation af et specifikt produkt. Dertil kommer af 542 emner fordelt over 262 sedler ikke kunne identificeres positivt (ulæseligt). URI: http://hdl.handle.net/10398/7677 Files in this item: 1
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the leadership challengeMeyer, Klaus (København, 2000)[More information][Less information]
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How Headquarters Facilitate Business Model Innovation at the Subsidiary LevelCao, Yangfeng; Ping Li, Peter; Skat-Rørdam, Peter (Frederiksberg, 2013)[More information][Less information]
Abstract: Primarily due to the large gaps in economic and institutional contexts between the developed and emerging markets, business model innovation (BMI) at the subsidiary level plays an important role for the success of small and mediumsized firms (SMEs) from the developed markets operating in the emerging markets as top-down venture. While some studies claim that the direct involvement of headquarters (HQ) of SMEs in the activities of their subsidiaries is essential, surprisingly little is known about how HQ specifically facilitates BMI at the subsidiary level, especially in the context of top-down venture. Adopting the method of comparative and longitudinal case study, we tracked the BMI process of six SMEs from Denmark operating in China. The emergent framework indicates that entrepreneurial aspiration and flexibility at the HQ level 2 Asia Research Centre, CBS, Copenhagen Discussion Paper 2013-42 are two primary facilitators of BMI at the subsidiary level via the mechanisms of commitment and cooperation. We also found that BMI performance would influence the two facilitators in a feedback loop. Hence, we can contribute to the literatures on international entrepreneurship and strategic entrepreneurship by integrating the two previously separated research streams via their shared theme of accelerated learning. In particular, this study helps solve the puzzle concerning fast and successful international venture. URI: http://hdl.handle.net/10398/8679 Files in this item: 1
Yangfeng_Cao.pdf (521.1Kb) -
Iversen, Jens; Malchow-Møller, Nikolaj; Sørensen, Anders (Frederiksberg, 2009)[More information][Less information]
Abstract: We argue that formal schooling and wage-work experience are complementary types of human capital for entrepreneurs. Strong empirical support is found for this hypothesis as the interaction term between schooling and actual wage-work experience enters positively and significantly in a Mincer equation, whereas the effect of schooling in the absence of wage-work experience is insignificant. These results are extremely robust towards more flexible specifications, including fixed-effects estimations dealing with unobserved heterogeneity. For wage workers, the interaction term is negligible, confirming that the complementarity is a distinct characteristic of entrepreneurial human capital. URI: http://hdl.handle.net/10398/7990 Files in this item: 1
WP_Iversen_Malchow_Sorensen.pdf (256.4Kb) -
Any Gains from TradeFoss, Nicolai J.; Klein, Peter G. (København, 2004)[More information][Less information]
Abstract: Although they have developed very much in isolation from each other, we argue the theory of entrepreneurship and the economic theory of the firm are closely related, and each has much to learn from the other. In particular, the notion of entrepreneurship as judgment associated with Frank Knight and some Austrian school economists aligns naturally with the theory of the firm. In this perspective, the entrepreneur needs a firm, that is, a set of alienable assets he controls, to carry out his function. We further show how this notion of judgment adds to the key themes in the modern theory of the firm (i.e., the existence, boundaries, and internal organization). In our approach, resource uses are not data, but are created as entrepreneurs envision new ways of using assets to produce goods. The entrepreneur’s decision problem is aggravated by the fact that capital assets are heterogeneous. Asset ownership facilitates experimenting entrepreneurship: Acquiring a bundle of property rights is a low cost means of carrying out commercial experimentation. In this approach, the existence of the firm may be understood in terms of limits to the market for judgment relating to novel uses of heterogeneous assets; and the boundaries of the firm, as well as aspects of internal organization, may be understood as being responsive to entrepreneurial processes of experimentation. Key words: Entrepreneurship, heterogeneous assets, judgment, ownership, firm boundaries, internal organization. JEL Codes: B53, D23, L2 URI: http://hdl.handle.net/10398/6429 Files in this item: 1
04-12.pdf (343.6Kb) -
Report from a workshop 6-8 September 2010Schaumburg-Müller, Henrik; Jeppesen, Søren; Langevang, Thilde (Frederiksberg, 2010)[More information][Less information]
Abstract: This working paper is a report from the workshop on Entrepreneurship Development arranged by the Centre for Business and Development Studies at CBS and the Danish Ministry of Foreign Affairs in September 2010. The objective of the workshop was to use the participants’ joint knowledge and experiences to discuss and provide conclusions on what role entrepreneurship development has played and can play to stimulate growth and employment in Africa. Entrepreneurship development is understood as the promotion and development of activities and processes that foster and support productive entrepreneurship in the society. The workshop should provide inputs to how entrepreneurship in Africa can be supported and be used in the development and implementation of the “Growth and Employment” priority of the new Danish strategy for development cooperation. The workshop had twenty participants with long standing insight to the challenges of entrepreneurship development and employment growth in Africa from international organizations, development cooperation partners, universities and private enterprises and organizations. The report contains the key issues discussed at the workshop and ends with conclusions and recommendations. URI: http://hdl.handle.net/10398/8208 Files in this item: 1
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Malchow-Møller, Nikolaj; Schjerning, Bertel; Sørensen, Anders (København, 2008)[More information][Less information]
Abstract: This paper analyses the importance of entrepreneurs for job creation and wage growth. Relying on unique data that covers all plants, firms and individuals in the Danish private sector, we are able to distil a number of different measures of entrepreneurial plants from the set of new plants, including measures that much more precisely capture the "truly new” or "entrepreneurial” plants than in previous studies. Using these data, we find that while new plants in general account for one third of the gross job creation in the economy, entrepreneurial plants are responsible for between 15% and 25% of this, and thus only account for up to 8% of total gross job creation in the economy. However, entrepreneurial plants seem to generate more additional jobs than other new plants in the years following entry. Finally, the jobs generated by entrepreneurial plants are to a large extent low-wage jobs, as they are not found to contribute to the growth in average wages. However, this insight varies across the different types of entrepreneurial plants. URI: http://hdl.handle.net/10398/7713 Files in this item: 1
dp 2008-13.pdf (122.6Kb) -
Meyer, Klaus; Tran, Yen Thi Thu (København, 2004)[More information][Less information]
Abstract: Multinational enterprises (MNEs) are expanding their global reach, carrying their products and brands to ever more remote corners of the world. They encounter business environments that vary not only from their country of origin, but also vary greatly amongst each other. Thus foreign investors have to adapt their strategies, most notably their marketing and acquisition strategies, to the local context. In this paper, we outline why globalisation drives MNEs into emerging economies, and we provide conceptual frameworks that may aid investors to adapt their strategies to emerging economy contexts. MNEs have to develop a portfolio of local and/or global brands that matches their competences with local needs. If they aim for market leadership they may pursue a multi-tier strategy, but this needs to be supported by an appropriate foundation of global and local resources. This strategy in particular requires the acquisition of complementary local resources controlled by local firms. However, acquisitions in emerging economies are inhibited by institutional obstacles and weak local firms. Thus, foreign investors may pursue staged, multiple, indirect, or Brownfield acquisitions to build their projected operation. We illustrate our proposed strategies by analysing how one multination enterprise - Carlsberg Breweries - has developed its operations in three very different emerging economies: Poland, Lithuania and Vietnam. URI: http://hdl.handle.net/10398/7071 Files in this item: 1
working paper 2004-50.pdf (334.0Kb) -
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greenfield, acquisition, and brownfieldMeyer, Klaus E.; Estrin, Saul (København, 1999)[More information][Less information]
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The Conflicting Legacies of Demsetz and PenroseFoss, Nicolai J. (Frederiksberg, 1997)[More information][Less information]
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Datagrundlag og analyserHolm Hansen, Jacob; Bordum, Anders (København, 2005)[More information][Less information]
Abstract: Erhvervslivets strategiske ledelseskommunikation – datagrundlag og analyser præsenterer på 250 sider datagrundlaget og analyserne af de 50 største virksomheder i Danmarks strategiske ledelseskommunikation. Analyserne er bilag til og udgør grundlaget for bogen af Anders Bordum & Jacob Holm Hansen: Strategisk Ledelseskommunikation – Erhvervslivets ledelse med visioner, missioner og værdier. Udgivet på Jurist- og Økonomforbundets Forlag 2005. URI: http://hdl.handle.net/10398/7669 Files in this item: 1
8799022451.pdf (2.505Mb) -
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Abstract: This paper reports the findings of a research project investigating the utilization and continuous improvement of Enterprise Resource Planning (ERP) systems. Adopting the aspects of a resource management framework and Critical Success Factor research, an initial framework is developed. The framework is developed through a survey of ERP system expert consultants. A number of factors and causalities are identified, including the positive role of use by top management and the role of corporate culture. Two factors were found to have a negative impact on utilization. The first is the unreflective use of ERP system implementation methods, which can ‘kill’ the visions and ideas of implementing ERP systems, while the second is the vanilla implementation strategy. URI: http://hdl.handle.net/10398/8009 Files in this item: 1
CAICT_Com_22010.pdf (1.679Mb) -
Crabtree, Andrew (København, 2007)[More information][Less information]
Abstract: Prahalad’s thesis is extremely vague, indeed it identifies seven versions. The paper then turns to examining the 12 major cross-country case studies that Prahalad uses as corroboration for his views. It argues that the evidence that Prahalad offers to support his claims fails to do so, or, proves to provide counter-examples. Furthermore, the case study approach that Prahalad uses is methodologically weak for the strong claims that he makes. Placing the argument in a broader perspective, it is argued that the bottom of the pyramid approach can do more harm than good if it, as Prahalad does, plays down factors which have been important to large scale poverty reduction in countries such as South Korea, China, India and Vietnam. After assessing the book on its own terms, the paper asks whether or not income poverty is the correct space in which to evaluate the impact of business activities. The concepts of income poverty, multidimensional poverty and capability deprivation are discussed and a notion of fundamental capability deprivations as being the relevant evaluative space is defended. It is argued while the Bottom of the Pyramid approach fares better on these criteria, but still leaves a lot to be desired. The eradication of deprivation requires more than self-interested firms. URI: http://hdl.handle.net/10398/6755 Files in this item: 1
wps-2007_no.1_andrew.crabtree.pdf (241.6Kb) -
Evidence from Market and Accounting DataGoldberg, Lawrence G.; Sweeney, Richard J.; Wihlborg, Clas G. (København, 2005)[More information][Less information]
Abstract: This paper discusses results and difficulties of comparing banks' performance based on publicly available data for the case of Nordea, a pan-Nordic bank created through mergers of important national banks. The objective of the performance comparison is to determine whether Nordea's unique strategy of functional intergation across four countries can be advantageous. For stock-market data, however, Nordea does not have stable betas on risk factors, as illustrated by market betas, and thus the comparables method must be used with great care. The Nordea holding company performed about as well as the comparables, both in terms of stock-market and accounting data. Nordea banks in individual countries outperformed comparable holding companies; by arithmetic, Nordea non-bank operations are not as profitable as its bank operations. In event studies, the market views Nordea's acquisitions as adding value. URI: http://hdl.handle.net/10398/6812 Files in this item: 1
wplefic052005.pdf (339.2Kb) -
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Abstract: The paper investigates the determinants behind the choice between a wage earner position versus employee ownership. These determinants can be found both at the individual level: desire for selfgovernance, risk aversion, human capital, wealth, mobility; company level: size, complexity, heterogeneity of labor, capital intensity, human capital; and society level: labor market dynamics, social security, role of unions and specific institutional rules for employee ownership. The choice is determined by the possibility for wage-earners to adjust working conditions by exit versus the possibilities and costs for employee to use voice as owners of their company. It is predicted that employee ownership will be found in organizations which are small, homogenous, simple in structure, and with high emphasis on specific human capital. The opportunities of globalization with complex organizations crossing borders/cultures will be more difficult to implement in employee owned companies. Specific external institutions (tax incentives, company laws, privatization opportunities) and innovative internal institutions may change the balance in favor of employee ownership. The predictions are not tested, but illustrated by examples especially from recent evidence from Eastern Europe. URI: http://hdl.handle.net/10398/7089 Files in this item: 1
wp65 2007.pdf (97.53Kb) -
Poutvaara, Panu (København, 2007)[More information][Less information]
Abstract: This paper analyzes educational choices and political support for subsidies to higher education in the presence of a time-consistency problem in income redistribution. There may be political support for so generous subsidization that it motivates the median voter to obtain higher education. As a result of increasing own income, the median voter prefers in the future lower taxes than without higher education. Therefore, the expansion of participation in higher education during the second half of the 20th century may have partly been driven by the aim to limit the political support for overly generous income redistribution. education, time-consistency problem, voting, subsidies to education URI: http://hdl.handle.net/10398/7684 Files in this item: 1
artikel 17.pdf (191.4Kb)