Browsing Centres by Year Published
Now showing items 1-20 of 384
Next Page-
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) -
An Inductive Study from Chinacao, Yangfeng; Zhang, Kai; Luo, Wenhao (Frederiksberg, 2013)[More information][Less information]
Abstract: This study aims to put forward a new concept in charismatic leadership theory: source of leader charisma (SLC). Using an inductive approach, we identified the various dimensions of SLC in the Chinese context, and found that SLC comprises of charismatic personality and charismatic behaviors. Charismatic personality consists of three dimensions: high morality, outstanding talents, and attractive characteristics. Charismatic behavior also includes three dimensions: visional inspiration, character development, and morale stimulation. Finally, we developed a primary model to explore the mechanism by which the SLCs are attributed to charisma by follower. Our findings in the present study contribute to new evidence that charismatic leadership theory may transcend cultural boundaries. URI: http://hdl.handle.net/10398/8659 Files in this item: 1
Cao_Zhang_Luo_2013-41.pdf (455.3Kb) -
Bhattacharyya, Sudipta; Abraham, Mathew; D’Costa, Anthony (Frederiksberg, 2013)[More information][Less information]
Abstract: This paper uses the structuralist framework of agriculture-industry synergy in an economy to discuss the performance of the agricultural and industrial sectors in India. The industry – agriculture relationship is argued to be integral to economic development as the agriculture sector supplies raw materials, surplus labour to the industrial sector and acts as a source of demand for industrial goods. However, in India this relationship has been complex. This paper looks at the supply side constraints in the agricultural sector and the demand side constraints in the industrial sector to assess the poor development and growth in the two sectors. It concludes that India has not followed the structuralist pattern of sectoral development and poor agricultural growth has not been conducive for demand led industrialization, adversely affecting factor markets for both labour and land. URI: http://hdl.handle.net/10398/8642 Files in this item: 1
CDP 2013-40 samlet.pdf (472.2Kb) -
Lyck, Lise (Geneva, 2012)[More information][Less information]
Abstract: The purpose of this article is to present and analyze the Greenland Home Rule from a government and governance perspective and to relate it to the Moroccan initiative for negotiating an autonomy statute for the Sahara region and thereby to contribute to an end of this dispute. In order to make a presentation and analysis meaningful, a presentation of the historical and political context for the Nordic development is required and also a short comparison to the context for the Sahara region question, keeping in mind the differences between the two political, social, historical, and cultural contexts. In particular, while the autonomy of Greenland is well established since many years, the proposal for Sahara is still open for negotiation by all the parties and has been considered by the UN Security Council as “serious and credible”, which should be understood as an encouragement to all parties to use it as a starting point for negotiations, and enrich the scope of power devolution. Needed is also a short overview over autonomy models and the development of autonomy statutes to give a perspective on the options. On this background the Greenland Home Rule Model is presented and analyzed and the government/governance problematic analyzed in depth. The relevance for the Moroccan initiative for negotiating an autonomy statute for the Saharan region of the juridical formulation and the experiences from Greenland is discussed and the learning presented pointing out advantages and pitfalls to consider and evaluate. The last section includes a conclusion based on the presented analysis and some recommendation to consider. All is presented for further discussion and evaluation among the stakeholders interested in a solution of the autonomy question for the Sahara region. URI: http://hdl.handle.net/10398/8479 Files in this item: 1
LYCK_2012_5.pdf (190.3Kb) -
Lyck, Lise (Frederiksberg, 2012)[More information][Less information]
Abstract: Turisme regnes som et af verdens største erhverv. UNWTO, der er turismens hovedorganisa-tion globalt har opgjort antal ansatte til 235 mio., dvs. 9,2 % af alle job, og turismens andel af verdens bruttonationalprodukt (BNP) til 9,7 %. Turismen fortsætter med at vokse, og finanskrise og økonomisk krise, askesky mv. har alene betydet kortvarige afvigelser fra væksttrenden og enkelte destinationsændringer. Europa modtager langt de fleste turister, og turismen er derfor et meget stort erhverv i de fleste EU-lande. Fra EU Kommissionens side er der nu - siden turisme med Lissabon traktaten er blevet et EU anliggende - pr. 30. juni 2010 udformet et mål om, at EU skal være verdens turismedestination nr. 1 og en politik, der omfatter 21 punkter. Dette er yderligere fyldt op med en detaljering fra 2011, se venligst Lise Lyck ”En handlingsplan for dansk turisme” samt opdateringer på internettet. Dansk turisme har desværre haft betydelige problemer med konkurrenceevnen og har som det eneste EU land gennem en årrække har haft en aftagende markedsandel i udenlandske overnatninger. Det er baggrunden for, at erhvervets aktører og nogle politikere har arbejdet for at erhvervet kan blive konkurrencedygtigt og bidrage mere til at skabe økonomisk vækst, velfærd og arbejdspladser i Danmark. URI: http://hdl.handle.net/10398/8477 Files in this item: 1
Lyck_2012_3.pdf (172.8Kb) -
AnalyserapportFosse, Henrik Barslund; Højbjerg Jacobsen, Rasmus; Kuhn, Johan Moritz (Frederiksberg, 2012)[More information][Less information]
Abstract: Hovedformålet med denne rapport har været at foretage sammenligninger på to planer: For det første at sammenligne de økonomiske modeller ADAM og DREAM, og for det andet at sammenligne to mulige scenarier for danske økonomi. Hovedvægten er lagt på at undersøge, hvordan udviklingen i boligpriserne og de offentlige finanser varierer på tværs af de økonomiske forudsætninger og de økonomiske modeller. Vi arbejder i hovedtræk med tre forløb: Et reform- og genopretningsforløb, et laden-stå-til-forløb med negativ udvikling i udlandet og et grundforløb i de to modeller, som vi bruger til at sammenligne de øvrige forløb med. URI: http://hdl.handle.net/10398/8537 Files in this item: 1
Fosse_Jacobsen_Kuhn_2012.pdf (4.076Mb) -
Will China Continue to Hold Together?Brødsgaard, Kjeld Erik (Frederiksberg, 2012)[More information][Less information]
Abstract: The recent Bo Xilai affair has created strains in the Chinese political system and has intensified the power struggle concerning the new leadership appointments due to take place at the 18th Party Congress. The pressure on the political system is intensified by a number of social phenomena such as increased fragmentation, vested interests, corruption, social unrest, increased income and social inequalities and a de facto reform stop since 2009. Some scholars believe that we now see the end of ‘resilient authoritarianism’ and that China either will experience a political and social collapse or move towards a democratic system. However, developments since 1989 show the regime’s amazing ability to revitalize its organizational capabilities and regain its Mandate of Heaven. It may be too early to declare the Party over. URI: http://hdl.handle.net/10398/8622 Files in this item: 1
Kjeld_Erik_Broedsgaard_2012-39.pdf (214.0Kb) -
Fosse, Henrik Barslund (Frederiksberg, 2012)[More information][Less information]
Abstract: Firms exporting to foreign markets face a particular challenge: to price their exports in a foreign market when the exchange rate changes. This paper takes on pricing- to-market using a unique data set that covers rm level monthly trade at great detail. As opposed to annual trade ows, monthly trade ows bring us closer to the transaction level where rm decisions are actually made. I nd that the utilization of monthly data does add new information about the average level of pricing-to-market, and the di¤erences between long-run pricing-to-market and short-run pricing-to-market. Furthermore, I nd industry di¤erences in pricing-to-market in terms of the magnitude (zero to complete pricing-to-market) and the timing (when do rms changes prices), and that pricing-to-market is stronger on high-income markets. As discussed in detail in the paper, all results are in-line with predictions of several theoretical contributions to the litterature on pricing-to-market and exchange rate pass-through. URI: http://hdl.handle.net/10398/8539 Files in this item: 1
Fosse_2012_1.pdf (303.2Kb) -
Theory and Practice of Stakeholder Engagement in ScandinaviaStrand, Robert; Freeman, R. Edward (Frederiksberg, 2012)[More information][Less information]
Abstract: In this article we clarify the historical roots of stakeholder theory to establish that a much larger role was played by Scandinavian thinkers in its development than is currently acknowledged. We show that important contributions to the stakeholder concept were being made by Eric Rhenman and his Scandinavian contemporaries in parallel to the contributions from the Stanford Research Institute (SRI) in the early 1960s and thereafter and thus are not a “historical trail” as they are currently labeled. Therefore we offer a significant modification to the historical narrative as presented in Strategic Management: A Stakeholder Approach (Freeman, 1984). These important Scandinavian contributions include the first publication and description of the expression „stakeholder‟ in management literature accessible to scholars throughout the world and the introduction of the first stakeholder map to the management literature. We use this occasion to consider potential relationships between these early Scandinavian contributions to the stakeholder concept with current practices of well-known Scandinavian companies. Through this we contend the evidence suggests relationships worthy of further considerations. We conclude by endorsing the expression “Scandinavian cooperative advantage” through which we intend to provoke increased attention from beyond Scandinavia. Cooperation between companies and their stakeholders is increasingly recognized as necessary for the social and environmental sustainability of world and the long-term profitability of companies where we contend inspiration for such cooperation may be prosperously drawn from Scandinavia. URI: http://hdl.handle.net/10398/8657 Files in this item: 1
Strand_Freeman_WP01-2012.pdf (1.319Mb) -
An Inspiring Experience for the Sahara RegionLyck, Lise (Frederiksberg, 2012)[More information][Less information]
Abstract: This article includes as Part One factual information on Greenland and the structure of the Greenlandic economy, and factual information on the Sahara Region, south of Morocco. It is needed in order to have a basic understanding of what Greenland and the Sahara region are, seen from an economic, political and geographical point of view. Furthermore, the current economic situation in both Greenland and the Sahara region is presented together with the development of the last years. Part Two of the article deals with the constitutional framework conditions for Greenland in relation to being part of the Danish Realm, Greenland being situated in the Arctic with a geostrategic position for more Southern powers (America, the Nordic countries and Russia), being inhabited by indigenous people and having a prominent position in relation to sustainability. It also deals with “the Moroccan Initiative for Negotiating an Autonomy Statute for the Sahara Region” , as presented by Morocco to the Security Council on 11 April 2007. Part Three deals with natural resources both in Greenland and the Sahara Region. Firstly a short introduction to living resources, mainly the fisheries is presented. Secondly, the mineral resources are presented and analysed in depth. It includes the search for minerals, petroleum and gas before and after 1979. Furthermore, it includes the development and content of the mineral laws. In this context, the Greenland strategy for mining is presented. Finally, the status on minerals and petroleum resources in Greenland and the Sahara region is presented. Part Four includes the conclusion and the perspectives for ownership and management resources that can be learnt from the Greenland experiences, in particular in the context of the Moroccan Initiative for the Autonomy of the Sahara Region. URI: http://hdl.handle.net/10398/8473 Files in this item: 1
LYCK_2012_1.pdf (2.434Mb) -
Hansen, Jan V.; Højbjerg Jacobsen, Rasmus; Lau, Morten I. (Durham, 2012)[More information][Less information]
Abstract: We estimate the maximum amount that Danish households are willing to pay for three different types of insurance: auto, home and house insurance. We use a unique combination of claims data from the largest private insurance company in Denmark, measures of individual risk attitudes and discount rates from a field experiment with a representative sample of the adult Danish population, and information on household income and wealth from registers at Statistics Denmark. We assume that households maximize expected inter-temporal utility subject to an inter-temporal budget constraint with several possible states of nature, where all uncertainty is realized in the initial period and any loss incurred by an accident is subtracted from initial wealth. The estimated willingness to pay is based on annual claims and should thus be considered as an annual premium. Since there is some uncertainty about the estimates of risk attitudes and discount rates, there is some uncertainty about the estimated willingness to pay. We use a randomized factorial design in our sensitivity analysis where each simulation involves a random draw from independent normal distributions of the estimated risk and time preferences. The results show that the willingness to pay is marginally higher than the actuarial fair value under Expected Utility Theory. However, the estimated willingness to pay is significantly higher under Rank-Dependent Utility Theory, and for some households it may be up to 600% higher than the actuarial value of the insurance claims. URI: http://hdl.handle.net/10398/8538 Files in this item: 1
Hansen_Jacobsen_Lau_2012.pdf (464.5Kb) -
Lyck, Lise (Frederiksberg, 2012)[More information][Less information]
Abstract: This article presents core questions and problems related to the role of culture in society, to culture policy and it outlines some instruments, models and practices that can be applied to promote culture. The intention of the article is to function as a platform for discussion of the role of culture in the society and of financing cultural activities. As this is a big field to cover this article intends to only focus on core questions and on outlining drafts for solutions: In other words the purpose of the article is to function as an appetizer and as a driver for discussion of dealing with culture activities in the public and the private sector, looking at it from an EU perspective, national perspective and a regional/local perspective. An additional purpose is to focus on the field seen in relation to economic business cycles with special attention to recession and economic and financial downturn developments. URI: http://hdl.handle.net/10398/8478 Files in this item: 1
Lyck_2012_4.pdf (61.08Kb) -
Lyck, Lise (Frederiksberg, 2012)[More information][Less information]
Abstract: Advisory board for cand.soc studiet i service management bad på mødet den 22.06 om udarbejdelse af en kort oversigt over uddannelser og forskning inden for niveau 3 (højere uddannelse i Danmark). Nærværende notat tilstræber at præsentere hovedlinjerne inden for service og turisme uddannelses- og forsknings området. Notatet bygger på oplysninger fra nettet samt telefonsamtaler med de omfattede uddannelsesinstitutioner i Danmark. Endvidere er benyttet materiale fra Lise Lyck (2003); Turismeudvikling og Attraktioner i et Strategisk Perspektiv, kapitel 1, Nyt fra Samfundsvidenskaberne. Herudover indgår Universitetsloven, lov nr. 403 fra 2003 som ramme for de højere læreanstalters strategi. Endelig inddrages beretning fra rådet for erhvervsøkonomiske uddannelser til belysning af niveau 2 uddannelserne. URI: http://hdl.handle.net/10398/8480 Files in this item: 1
Lyck_2012_6.pdf (130.0Kb) -
Hvorfor og hvordan?Lyck, Lise (Frederiksberg, 2012)[More information][Less information]
Abstract: Turisme regnes som et af verdens største erhverv. UNWTO, der er turismens hovedorganisa-tion globalt har opgjort antal ansatte til 235 mio., dvs. 9,2 % af alle job, og turismens andel af verdens bruttonationalprodukt (BNP) til 9,7 %. Turismen fortsætter med at vokse. Økono-misk krise og finanskrise, askesky mv. har betydet kortvarige afvigelser fra væksttrenden og enkelte ændringer i udviklingen af turismedestination. Europa modtager langt de fleste turister, og turismen er derfor et meget stort erhverv i de fleste EU-lande. Fra Kommissionens side er der nu - siden turisme med Lissabon traktaten er blevet et EU anliggende - pr. 30. juni 2010 udformet et mål om, at EU skal være verdens turismedestination nr. 1 og en politik, der omfatter 21 punkter, se for eksempel Lise Lyck; ”Handlingsplan for Dansk Turisme”. Denne publikation kan købes for 150 kr. ved henvendel-se til ll.tcm@cbs.dk. Publikationen er også fremlagt på dette møde. Dansk turisme har desværre haft betydelige problemer med konkurrenceevnen og har som det eneste EU land gennem en årrække har haft en aftagende markedsandel i udenlandske overnatninger. Det er baggrunden for, at erhvervets aktører og nogle politikere har arbejdet for at erhvervet kan blive konkurrencedygtigt og bidrage mere til at skabe økonomisk vækst, velfærd og arbejdspladser i Danmark. URI: http://hdl.handle.net/10398/8476 Files in this item: 1
LYCK_2012_2.pdf (165.4Kb) -
S.W.O.T. analyseLyck, Lise (Frederiksberg, 2012)[More information][Less information]
Abstract: Nærværende skal ses i sammenhæng med artiklen ”Kommunal turismepolitik som kommunal erhvervspolitik – hvorfor og hvordan?” Hørsholm er en by med knap 46.000 indbyggere i region hovedstaden, den omfatter Hørsholm kommune med knap 24.000 indbyggere, Fredensborg med knap 10.000 indbyggere og Rudersdal kommune med godt 10.000 indbyggere. Disse forhold indebærer i sig selv gode begrundelser for samarbejde med andre kommuner. Med hensyn til tilgængelighed gælder, at der ikke er jernbanestation centralt i byen, men mod øst ligger Rungsted Kyst st. og i nordøst Kokkedal st. med togforbindelser fra begge til Helsingør og København. Herudover er der tilgængelighed via busforbindelser, specielt skal nævnes S-busserne. Kommunens areal er beskeden, godt 31 kvadratkilometer. URI: http://hdl.handle.net/10398/8475 Files in this item: 1
Lyck_SWOT_2012.pdf (220.9Kb) -
Rent Sharing or Composition?Fosse, Henrik Barslund; Maitra, Madhura (Frederiksberg, 2012)[More information][Less information]
Abstract: Offshoring firms are found to pay higher average wages than purely domestic firms. We provide a unifying empirical approach by capturing the different channels through which offshoring may explain this wage difference: (i) due to change in the composition of workers (skill composition effect) (ii) because all existing workers get higher pay (rent sharing effect). Using Danish worker-firm data we explain how much each channel contributes to higher wages. To estimate the causal effect of offshoring on wages we use China’s accession to the WTO in December 2001 - and the soon after boom in Chinese exports - as positive exogenous shocks to the incentive to offshore to China. Both skill composition and rent sharing effects are found to be important in explaining the resultant gain in wages. We also show that the firm’s timing in the offshoring process determines the relative importance of a channel. For firms offshoring to China in 2002 but not in 1999, only rent sharing explains the gain in wages. For firms offshoring to China both before and after China’s WTO accession the wage increase is explained mostly by the skill composition effect. Moreover, these patterns are not discernible from the measures of skill composition and rent sharing available in typical firm level datasets - like ratio of educated to uneducated workers and sales per employee. URI: http://hdl.handle.net/10398/8540 Files in this item: 1
Fosse_2012_2.pdf (255.2Kb) -
The Case of Roshan, An Afghan Telecommunication CompanyAzizi, Sameer A. (Frederiksberg, 2012)[More information][Less information]
Abstract: CSR is a rising phenomena in Afghanistan – but why are firms concerned about CSR in a least-developed context such as Afghanistan, and what are the strategic benefits? This paper is one of the first to explore these CSR issues in a least-developed country. It does so by focusing on CSR in the Afghan telecommunication sector and in particular on ‘Roshan’ as a case company. The findings of this paper are two-folded. First, it provides an overview of the CSR practices in the telecommunication sector in Afghanistan. Second, it focuses on one case and explains whether Roshan can gain strategic advantages through CSR in Afghanistan, and if so which and how these strategic benefits are gained. The paper shows that the developmental challenges of Afghanistan are the key explanations for why companies engage in CSR. Roshan has engaged in proactive CSR to overcome the contextual barriers for growth. Based on an analysis of five CSR projects, it can be assessed that Roshan enhances its competitive advantage through CSR in internal, external, and wider- society levels. It is analyzed that Roshan influences its competitive context both from inside-out and out-side in dimensions, and that the CSR projects could all live up to the strategic CSR criteria drawn from the academic work of Porter and Kramer, Burke and Logsdon and Blowfield. Finally, the paper discusses how in a context of a weak state and civil society, and massive developmental challenges, CSR is not a matter of an ‘add-on choice’, but is based on a ‘license to operate’ motivation, where businesses have free room for maneuvering CSR towards their strategic priorities and business goals. Whether this creates a ‘shared value’ for both business and in particularly for the society is however still questionable. URI: http://hdl.handle.net/10398/8444 Files in this item: 1
Azizi_CBDS_nr _1_2012.pdf (704.0Kb) -
In search of an analytical frameworkTvedten, Kaja; Wendelboe Hansen, Michael; Jeppesen, Søren (Frederiksberg, 2012)[More information][Less information]
Abstract: In light of recent enthusiasm over the African private sector, this paper reviews the existing empirical literature on successful African enterprises and proposes an analytical framework for understanding African firm success. Overall, it is argued that we need to develop an understanding of African firm strategy and performance that takes into account the specificities of the African business environment and African firm capabilities. The paper starts by juxtaposing the widespread pessimistic view of African business with more recent, optimistic studies on African firms’ performance. The latter suggests that profound improvements in African business performance are indeed under way: with the private sector playing a more important role as an engine of growth, with the rise of a capable African entrepreneurial class, and with the emergence of dynamic and competitive African enterprises. The paper proceeds to review the limited research on factors shaping the performance of African enterprises. It is observed that particularly the strategic component is often overlooked as is the role of internal capabilities and resources of African enterprises. Based on this identification of voids in the literature, the authors suggest an analytical framework for understanding African business performance, underlining the interplay between contextual specificities, firm capabilities, and firm strategy. URI: http://hdl.handle.net/10398/8503 Files in this item: 1
Tvedten.pdf (739.4Kb) -
Taudal Poulsen, René (Frederiksberg, 2012)[More information][Less information]
Abstract: På Søfartsstyrelsens foranledning er der til brug for arbejdet i regeringens vækstteam for Det Blå Danmark blevet udarbejdet nedenstående oplæg til en afgrænsning af Det Blå Danmark. Oplægget er udarbejdet af lektor René Taudal Poulsen fra Copenhagen Business School i foråret 2012. URI: http://hdl.handle.net/10398/8559 Files in this item: 1
Rene_Taudal_Poulsen.pdf (169.4Kb) -
Jacobsen, Jóannes (Frederiksberg, 2012)[More information][Less information]
Abstract: Vækstkautioner fra Vækstfonden giver anledning til privat finansiering af erhvervsaktivitet, som ellers ikke ville opstå. Vækstkautioner udstedt i 2011 medførte, at virksomhederne kunne skaffe samlet privat finansiering for 1153 mio. kr. til at foretage investeringer for. Beregninger i ADAM modellen viser, at investeringerne over en 3-årig periode skaber 872 arbejdspladser årligt – eller 5 arbejdspladser per virksomhed. I forhold til de forventede tabsudgifter på udstedte Vækstkautioner er beskæftigelseseffekten per udgiftskrone 15 gange større end effekten af udgifter til offentlige investeringer. URI: http://hdl.handle.net/10398/8660 Files in this item: 1
Jacobsen_CEBR-rapport.pdf (451.5Kb)
Now showing items 1-20 of 384
Next Page