Browsing Department of Strategic Management and Globalization (SMG) by Title
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Too Much of Two Good Things?Moberg, Kåre (Frederiksberg, 2012)[More information][Less information]
Abstract: I present an analysis of a survey in which the effect of entrepreneurship education and project-based education on students at lower secondary level is investigated. The results are based on a random sample of 2000 Danish students. The analysis indicates that entrepreneurship education has a positive effect on students’ personal development, and that its effect on entrepreneurial intentions is fully mediated by its effect on students’ self-conception. A finding with important policy implications is that there is a negative interaction effect between entrepreneurship education and project-based education regarding impact on students’ self-conception. The implication of the results is that we should replace project-based education with entrepreneurship education rather than having them run in parallel. URI: http://hdl.handle.net/10398/8515 Files in this item: 1
Moberg_SMGWP_4_2012.pdf (1.038Mb) -
Rabbiosi, Larissa (København, 2008)[More information][Less information]
Abstract: This paper explores theoretical and empirical ambiguities in the literature concerning the impact of foreign subsidiary autonomy on intra-MNE knowledge transfer. We argue that understanding the interdependences between subsidiary autonomy and the use of different communication systems – e.g. person-based and electronic-based communication systems – is crucial to putting forward new insights in the debate. Based on the recent literature on strategic management, we hypothesize that the two communication systems call for different degrees of subsidiary autonomy and vice versa. Using a data set consisting of 307 dyads between foreign subsidiaries and their parent companies, we find that two distinctive configurations positively affect the extent of knowledge transfer from foreign subsidiaries to their parent companies. The first is the combination of a high degree of subsidiary autonomy and the use of person-based mechanisms, and the second is the combination of low subsidiary autonomy and the use of electronic-based mechanisms. URI: http://hdl.handle.net/10398/7455 Files in this item: 1
smg wp 2008-16.pdf (766.3Kb) -
Nielsen, Bo Bernhard; Nielsen, Sabina (, 2009)[More information][Less information]
Abstract: Nationality diversity and international experience constitute two related yet distinct sources of competence among upper echelons. While both TMT international experience and nationality diversity increases the likelihood of firms expanding outside their home region, our results show that TMTs with international experience are more likely to expand abroad via greenfield investments, whereas nationally diverse TMTs are more likely to engage in international acquisitions and joint ventures. This highlights the need to treat TMT nationality diversity and international experience as two different characteristics influencing foreign entry mode decision. URI: http://hdl.handle.net/10398/7938 Files in this item: 1
SMG WP 2009-08.pdf (316.1Kb) -
Minbaeva, Dana; Park, Chansoo; Vertinsky, Ilan (Frederiksberg, 2013)[More information][Less information]
Abstract: This paper attempts to fill this gap in the literature by focusing on the influence of knowledge senders’ willingness to share knowledge, their disseminative capacities and the knowledge-transfer opportunities they create on the effectiveness of knowledge transfer. We develop a theoretical framework that examines the impacts of key knowledge-senders’ abilities and behaviors on the knowledge-transfer process. We test our theory using survey data collected from 199 South Korean IJVs. We find that the willingness of foreign parent firms to share knowledge is manifested in their efforts to increase their abilities to articulate and codify knowledge, and to apply those skills to the codification of knowledge relevant to their IJVs. A willingness to share knowledge also plays a role in increasing the opportunities for two-way interactions, especially face-to-face interactions between the parents and their IJVs. The impact of the abilities of foreign parent firms to articulate and codify knowledge for transfer is mediated by the efficacy of their organizational communication systems. We also find that the opportunities created for the transfer of explicit knowledge have a significant impact on such transfers. However, opportunities for transfer of tacit knowledge only have an impact when senders and receivers have similar products and technologies. URI: http://hdl.handle.net/10398/8625 Files in this item: 1
Minbaeva_Park_Vertinsky_SMGWP2013_2.pdf (991.3Kb) -
Ludwig M. Lachmann’s Interpretative InstitutionalismFoss, Nicolai J.; Garzarelli, Giampaolo (København, 2006)[More information][Less information]
Abstract: The paper revisits the socioeconomic theory of the Austrian School economist Ludwig M. Lachmann. By showing that the common claim that Lachmann’s idiosyncratic (read: eclectic and multidisciplinary) approach to economics entails nihilism is unfounded, it reaches the following conclusions. (1) Lachmann held a sophisticated institutional position to economics that anticipated developments in contemporary new institutional economics. (2) Lachmann’s sociological and economic reading of institutions offers insights for the problem of coordination. (3) Lachmann extends contemporary new institutional theory without simultaneously denying the policy approach of comparative institutional analysis. (90 words.) Keywords Comparative institutional analysis, coordination, expectations, institutional evolution, interpretative institutionalism. JEL Codes B31, B52, B53, D80. URI: http://hdl.handle.net/10398/7417 Files in this item: 1
wp institutions as knowledge capital.pdf (310.3Kb) -
Harder, Mie (, )[More information][Less information]
Abstract: This dissertation explores the internal antecedents of the phenomenon labeled management innovation. Management innovation refers to the implementation of new management practices, processes, techniques or structures that alter the way the work of management is performed. In other words, management innovation refers to changes in what managers do and how they do it. URI: http://hdl.handle.net/10398/8295 Files in this item: 1
Mie_Harder.pdf (1.496Mb) -
The effect of diagnostic capability and implementation capabilityHarder, Mie (Frederiksberg, 2011)[More information][Less information]
Abstract: Management innovation is the introduction of new management practices that significantly alter the way the work of management is performed. Building on behavioral theory of the firm, this paper explores the effect of firms’ diagnostic capability and implementation capability on the likelihood of adopting new‐to‐thefirm and new‐to‐the‐industry management innovations. The paper finds that formalized activities directed at developing and implementing management innovations as well as CEO novelty increases the likelihood of innovating in both categories. Also, top management team (TMT) diversity increases the likelihood of adopting new‐to‐the‐industry innovations. The paper does not find a direct effect of performance decline on the likelihood of implementing management innovation, but two variables, TMT diversity and previous experience, positively moderate the relationship between performance decline and new‐to‐the‐industry management innovation. URI: http://hdl.handle.net/10398/8247 Files in this item: 1
SMG_WP_3_2011.pdf (1.199Mb) -
The Effect of Diagnostic Capability and Implementation CapabilityHarder, Mie (Frederiksberg, 2011)[More information][Less information]
Abstract: This paper adopts a behavioral theory of the firm perspective in order to compare the antecedents of two types of innovation: Management innovation refers to the adoption of new management practices or organizational structures, whereas product innovation refers to the introduction of new products or services on the market. The study further distinguishes between two categories of innovation within each type: new to the firm and new to the industry innovations. The findings indicate that there are more differences than similarities between the antecedents of the two types of innovation. However, adopting either type of innovation increases the likelihood of simultaneously adopting the other. URI: http://hdl.handle.net/10398/8248 Files in this item: 1
SMG_WP_5_2011.pdf (393.8Kb) -
Beugelsdijk, Sjoerd; Pedersen, Torben; Petersen, Bent (København, 2008)[More information][Less information]
Abstract: In this study we discuss and empirically test the assertion that over the last two decades multinational enterprises’ (MNEs’) configuration of value-adding activities has shifted from a sparse and simple (host-home) international division of labor among the foreign affiliates to a more specialized and ‘advanced’ global value chain configuration in which MNEs locate finesliced parts of the value chain at the most efficient locations. Using data on trade flows of U.S. affiliates in 56 host countries between 1983 and 2003 we find some indications of a trend in the direction of global value chain specialization. In particular among US affiliates in developing countries the proportion of host-host, intra-firm trade has increased significantly during the observed period of time. Conversely, the proportion of host-home and inter-firm trade has diminished. We interpret this as indicating both value chain disaggregation (vertical specialization) and MNEs’ systematic exploitation of factor cost differentials across countries. We also find that the absolute levels of all types of trade flows have increased. Hence, it is the relative, and not the absolute, changes in the trade flow patterns of US affiliates that gives credibility to the global value chain assertion. URI: http://hdl.handle.net/10398/7423 Files in this item: 1
smg wp 2008-24.pdf (286.7Kb) -
Foss, Nicolai J. (København, 2008)[More information][Less information]
Abstract: This paper is the Introductory chapter to my forthcoming book, Knowledge, Organization, and Property Rights: Selected Essays of Nicolai J Foss, to be published by Edward Elgar in 2008. It provides a brief bio-statement and then discusses and places in context the various papers in the collection. The papers in the book are listed in the Appendix. URI: http://hdl.handle.net/10398/7437 Files in this item: 1
smg wp 2008-23.pdf (192.5Kb) -
Meaning, Nature, Origins, and ImplicationsFoss, Nicholai J. (Frederiksberg, 2011)[More information][Less information]
Abstract: Assumptions about the knowledge held by economic agents have been an integral part of the theory of economic organization since its inception. However, recent work—here called “knowledge governance”—has more explicitly highlighted knowledge as both an independent and dependent variable. Thus, a spate of work in management research and new institutional economics has highlighted dimensions such as complementarity, complexity, tacitness, and so on of knowledge assets and shown how knowledge assets, thus dimensionalized, has explanatory value with respect to economic organization. However, knowledge may also be seen as being caused by governance mechanisms and structures; specifically, incentives, allocations of decision rights, organizational structure and so on influence the search for knowledge, and the creation, sharing and integration of knowledge. More philosophically, the concern with the role of knowledge in the context of economic organization prompts a reevaluation of a number of the fundamental assumptions that are often used to guide theory-building in the economics of organization (e.g., Bayesian and game theoretical foundations). URI: http://hdl.handle.net/10398/8379 Files in this item: 1
Nicolai J Foss_SMG WP 12_2011.pdf (490.6Kb) -
Foss, Nicolai J. (København, 2005)[More information][Less information]
Abstract: An attempt is made to characterize a "knowledge governance approach" as a distinctive, emerging field that cuts across the fields of knowledge management, organisation studies, strategy and human resource management. Knowledge governance is taken up with how the deployment of administrative apparatus influences knowledge processes, such as sharing, retaining and creating knowledge. It insists on clear behavioural foundations, adopts an economizing perspective and examines efficient alignment between knowledge transactions with diverse characteristics and governance structures and mechanisms with diverse capabilities of handling these transactions. Various open research issues that a knowledge governance approach may illuminate are sketched. Although knowledge governance draws clear inspiration from organizational economics and "rational" organization theory, it recognizes that knowledge represents various challenges to more "closed" social science disciplines, notably economics. URI: http://hdl.handle.net/10398/7446 Files in this item: 1
smg wp 2005-001.pdf (386.9Kb) -
The Center for Strategic Management and GlobalizationFoss, Nicolai J. (København, 2007)[More information][Less information]
Abstract: This paper tells the story of the emergence of distinct research around the theory of the firm at Copenhagen Business School within the last two decades, focussing on elements of continuity in the thinking of key CBS persons in the period. It discusses the current research agenda of the Center for Strategic Management and Globalization, a research agenda that may be described as multi-level research in international strategy, based on the economic theory of the firm and strategic management theory, and with a strong emphasis on micro-foundations and knowledge governance. The paper relates the narrative to organizational learning theory. URI: http://hdl.handle.net/10398/7435 Files in this item: 1
cbs forskningsindberetning smg 112.pdf (195.6Kb) -
Dos, Yves; Foss, Nicolai J.; Santos, José (København, 2008)[More information][Less information]
Abstract: The role of knowledge, organizational learning, and innovation as levers of competitive advantage is now a commonly acknowledged insight in research in international management. However, while the agglomeration of insights of described as the "knowledge-based view” is a promising theoretical lens, insights are not organized into a unifying framework and there are significant holes in the understanding of how knowledge may be turned into a source of competitive advantage for MNCs. In order to advance the knowledge-based theory of the MNC, we develop the notion of the MNC as a global knowledge system linking local knowledge structures and combining local knowledge elements that are complementary to confer strategic advantage, and relate this to the theory of complex systems deriving from the work of Herbert Simon. These ideas are used to frame the changing environments, strategic intents, and learning stances that characterize MNCs, and to derive a set of research challenges for MNC research. URI: http://hdl.handle.net/10398/7442 Files in this item: 1
smg wp 2008-20.pdf (275.1Kb) -
Quantifying MNC Geographic ScopeGeisler Asmussen, Christian (København, 2006)[More information][Less information]
Abstract: This paper proposes a multidimensional index of regional and global orientation which can be used in confirmatory studies with econometric methodologies. Unlike extant measures, the index is objectively scaled and controls for home country orientation and market size differences. The index is shown to be consistent with models of internationalization that incorporate different assumptions about strategic choice and global competition. Preliminary results show that large multinationals follow home region oriented internationalization paths, although much of the regional effect reported by previous studies in fact reflects strong home country biases. Keywords: globalization; regional integration; global strategy; regional strategy; local strategy; triad; liability of foreignness URI: http://hdl.handle.net/10398/7433 Files in this item: 1
smg wp 2006-14 - registrering.pdf (327.5Kb) -
A Typology and Propositions for Management Innovation ResearchHarder, Mie (Frederiksberg, 2011)[More information][Less information]
Abstract: Management innovation is the implementation of a new management practice, process, technique or structure that significantly alters the way the work of management is performed. This paper presents a typology categorizing management innovation along two dimensions; radicalness and complexity. Then, the paper introduces the concept of management innovation capabilities which refers to the ability of a firm to purposefully create, extend and modify its managerial resource base to address rapidly changing environments. Drawing upon behavioral theory of the firm and the dynamic capabilities framework, the paper proposes a model of the foundations of management innovation. Propositions and implications for future research are discussed. URI: http://hdl.handle.net/10398/8245 Files in this item: 1
SMG_WP_2_2011.pdf (471.6Kb) -
[More information][Less information]
Abstract: Methodological individualism is the doctrine that economic or social phenomena are ultimately grounded in individual knowing and choice. Recently numerous collective concepts have been introduced into our thinking about the firm - absorptive capacity, communities of practice, dynamic capabilities, social capital, organizational routines, and so on. As far as we can tell these are neither theoretically nor empirically well grounded. In this talk I consider what might be meant by the statement that 'only individuals can know'. I contrast notions of knowing as having and holding data, or a frame of meaning, or a skilled practice. I conclude that all manner of social entities can know in all respects save that of creating the knwledge that is then known. Jel classification: D8, M10, M19 URI: http://hdl.handle.net/10398/7418 Files in this item: 1
cbs forskningsindberetning smg 37.pdf (1.630Mb) -
A knowledge governance perspectiveFoss, Kirsten; Foss, Nicolai J. (København, 2008)[More information][Less information]
Abstract: A critical knowledge governance problem concerns the consequences for the use of the authority if the knowledge that is essential in a work setting is partially unknown to the person who is to exercise authority. Is it possible to rationally direct work and activities and efficiently utilize knowledge under such conditions? Recently, many scholars have given negative answers to this question, arguing that authority relations are becoming strained by the increasingly distributed nature of knowledge in and between firms. We analyze this argument on the basis of definitions of "authority” and "distributed knowledge.” This allows us to show that --- while intuitively appealing --- the argument that authority cannot be an efficient coordination mechanism in the presence of distributed knowledge is at best problematic. The argument is based on the flawed inference that because the holder of authority is ignorant about some of the knowledge held by employees, he cannot rationally direct them. However, it is correct that the quality of centralized direction (planning, authority) may be compromised by distributed knowledge, leading to choices of other governance mechanisms and structures. URI: http://hdl.handle.net/10398/7425 Files in this item: 1
smg wp 2008-01.pdf (447.9Kb) -
A theoretical perspectivePetersen, Bent; Welch, Lawrence S.; Benito, Gabriel R.G. (København, 2008)[More information][Less information]
Abstract: Internalisation theory informs us about why and when multinational enterprises (MNEs) internalise foreign operations, but has less to say about how the internalisation should be prepared and exercised when foreign market operations initially are carried out by local, outside agents. Drawing on insights from managerially-oriented literature, this paper explores the role of management in situations where the market transaction costs of using outside agents are negligible at market entry, but grow over time. A key question pertaining to this situation is: what management instruments may ensure persistent concurrence between changing pressure for internalisation in a foreign market and the effectuated internalisation of an MNE in that market? Management instruments and strategies that potentially support ‘staged internalisation’ include appropriation of the local outside agent’s financial assets (including equity) as well as non-financial assets in relation to user rights, customer relations, and value added activities. URI: http://hdl.handle.net/10398/7454 Files in this item: 1
smg wp 2008-07.pdf (436.9Kb) -
Hotho, Jasper J. (, 2009)[More information][Less information]
Abstract: Three varieties of institutionalism currently dominate International Business studies: new institutional economics, new organizational institutionalism, and comparative historical institutionalism. Yet currently applied measures of institutional country distance predominantly build on the thought of the first two strands of institutionalism. This paper sets out to address this underrepresentation of comparative historical institutional thought in currently available measures of institutional distance. Building on Whitley’s business systems framework, a measure of institutional distance is developed and validated which captures intrinsic, substantive institutional differences in economic organization, rather than differences in institutional effectiveness. The results of the two-stage cluster analysis used to validate the selected indicators closely approximate the business systems typology, which is both indicative of the validity of this measure and of the distinctiveness of the business system types that make up the business system framework. URI: http://hdl.handle.net/10398/7946 Files in this item: 1
SMG WP 2009-07.pdf (975.7Kb)