Browsing Danish Research Unit for Industrial Dynamics (DRUID) by Title
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The Bridging Work of George RichardsonFoss, Nicolai J. (Frederiksberg, 1996)[More information][Less information]
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A Prelimenary Methodological StocktakingFoss, Nicolai J. (Frederiksberg, 1998)[More information][Less information]
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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) -
Present Use and (Some)Future PossibilitiesFoss, Nicolai J. (Frederiksberg, 2001)[More information][Less information]
Abstract: The way in which bounded rationality enters contemporary organizational economics theorizing is examined. It is argued that, as it is being used, bounded rationality is neither necessary nor sufficient for producing the results of organizational economics. It is at best a rhetorical device, used for the purpose of loosely explaining incomplete contracts. However, it is possible to incorporate much richer notions of bounded rationality, founded on research in cognitive psychology, and to illuminate the study of economic organization by means of such notions. A number of examples are provided. URI: http://hdl.handle.net/10398/7896 Files in this item: 1
DRUID_01_13.pdf (127.4Kb) -
Internationalization of Indian Film IndustryLorenzen, Mark; Taeube, Florian Arun (Frederiksberg, 2007)[More information][Less information]
Abstract: In the context of an emerging economy, the paper analyzes indigenous growth and internationalization. Using novel and original data, the paper studies the Indian film cluster in Mumbai, Bollywood. It argues that as the world’s biggest commercial film cluster and a conspicuous growth phenomenon in an emerging economy context, Bollywood can be seen as a paradigmatic case for adding to our understanding of the development of film clusters outside the USA, as well as suggesting more general insights into the growth and internationalization of industries in emerging economies. The empirical analysis of the paper points to the importance of home market, government regulation, and industry structure for Bollywood’s recent export growth. The paper discusses how the existence of a well-defined and geographically centered social network among producers, directors and other key roles in filmmaking in Mumbai supports the development of a ‘Bollywood model’ of filmmaking with a industry structure remarkably different from Hollywood’s. URI: http://hdl.handle.net/10398/7872 Files in this item: 1
DRUID_07_06.pdf (211.3Kb) -
The Role of Temporary ClustersMaskell, Peter; Bathelt, Harald; Malmberg, Anders (Frederiksberg, 2005)[More information][Less information]
Abstract: Business people and professionals come together regularly at trade fairs, exhibitions, conventions, congresses, and conferences. Here, their latest and most advanced findings, inventions and products are on display to be evaluated by customers and suppliers, as well as by peers and competitors. Participation in events like these helps firms to identify the current market frontier, take stock of relative competitive positions and form future plans. Such events exhibit many of the characteristics ascribed to permanent spatial clusters, albeit in a temporary and intensified form. These short-lived hotspots of intense knowledge exchange, network building and idea generation can thus be seen as temporary clusters. The present paper compares temporary clusters with permanent clusters and other types of inter-firm interactions. If regular participation in temporary clusters can satisfy a firm’s need to learn through interaction with suppliers, customers, peers and rivals, why is the phenomenon of permanent spatial clustering of similar and related economic activity so pervasive? The answer, it is claimed, lies in the restrictions imposed upon economic activity when knowledge and ideas are transformed into valuable products and services. The paper sheds new light on how interaction among firms in current clusters coincides with knowledge-intensive pipelines between firms in different regions or clusters. In doing so, it offers a novel way of understanding how interfirm knowledge relationships are organized spatially and temporally. URI: http://hdl.handle.net/10398/7883 Files in this item: 1
DRUID_05_20.pdf (119.4Kb) -
Abell, Peter; Felin, Teppo; Foss, Nicolai J. (Frederiksberg, 2007)[More information][Less information]
Abstract: Micro-foundations have become an important emerging theme in strategic management. This paper addresses micro-foundations in two related ways. First, we argue that the kind of macro (or “collectivist”) explanation that is utilized in the capabilities view in strategic management - which implies a neglect of micro-foundations in two related ways. First, we argue that the kind of macro (or "collectivist") explanation that is utilized in the capabilities view in strategic management - which implies a neglect of micro-foundations - is incomplete. There are no mechanisms that work solely on the macro-level, directly connecting routines and capabilities to firm-level outcomes. While routines and capabilities are useful shorthand for complicated patterns of individual action and interaction, ultimately they are best understood at the micro-level. Second, we provide a formal model that shows precisely why macro explanation is incomplete and which exemplifies how explicit micro-foundations may be built for notions of routines and capabilities and for how these impact firm performance. URI: http://hdl.handle.net/10398/7873 Files in this item: 1
DRUID_07_02.pdf (252.6Kb) -
The Rebirth of Production in the Theory of Economic OrganizationFoss, Nicolai J.; Langlois, Richard N. (Frederiksberg, 1997)[More information][Less information]
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Foss, Nicolai J. (Frederiksberg, 1996)[More information][Less information]
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On Some Problems in Recent ResearchOn Inter-firm RelationsFoss, Nicolai J. (Frederiksberg, 1999)[More information][Less information]
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Maskell, Peter; Lorenzen, Mark (København, 2003)[More information][Less information]
Abstract: The many competing schools of thought concerning themselves with industrial clusters have at least one thing in common: they all agree that clusters are real life phenomena characterized by the co-localization of separate economic entities, which are in some sense related, but not joined together by any common ownership or management. So hierarchies they are certainly not. Yet, it is usually taken for granted that clusters, almost regardless of how they are defined, all expatriate the 'swollen middle' of various hybrid 'forms of long-term contracting, reciprocal trading, regulation, franchising and the like' residing somewhere between hierarchies and markets. This fundamental (but usually implicit) assumption would, perhaps, be justified if markets could be reduced to events of exchange of property rights, between large numbers of price-taking anonymous buyers and sellers supplied with perfect information as they are commonly conceived in mainstream economics. One of the original attractions of Neoclassical price theory was precisely that it promised a way of analysing the economy in general and market exchange in particular independently of specific institutional settings. However, introducing transaction costs as more than fees paid to intermediaries leads inevitably to comparative institutional analysis and, not to be forgotten, to the perception of markets as institutions with specific characteristics of their own. Some sets of characteristics are so common that they represent a specific market organization or market form. The cluster is one such specific market organization that is structured along territorial lines because this enables the building of a set of institutions that are helpful in conducting certain kinds of economic activities. URI: http://hdl.handle.net/10398/7265 Files in this item: 1
03-14.pdf (290.9Kb) -
local buzz, global pipelines and the process of knowledge creationBathelt, Harald; Malmberg, Anders; Maskell, Peter (København, 2002)[More information][Less information]
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The Case of the digital AmplifierFrøslev Christensen, Jens; Holm Olesen, Michael; Kjær, Jonas (København, 2004)[More information][Less information]
Abstract: This paper addresses an issue of great importance for the future organization of the consumer electronics industry: the "battle" of control over component-based digitization. We are now witnessing the dismantling of the Japanese Model that has prevailed in consumer electronics over the past 30 years. Specialized and large-scale component suppliers have taken the lead in most component-based innovations and have obtained increasingly powerful positions in the value chain of consumer electronics. This paper provides an in-depth study of the strategic and structural ramifications of one such component-based innovation, the current transformation of sound amplification from conventional to digital amplifiers. We study the early formation of this new technology as especially reflected in the particularly dynamic cluster of innovation in Denmark and extend the analysis to the global strategizing around this new technology. A framework is developed to explain the reluctance of most of the large consumer electronics giants in developing/adopting this new technology. Key words: Consumer electronics, Industrial dynamics, Open Innovation JEL Codes: L6, L68, O32 URI: http://hdl.handle.net/10398/7201 Files in this item: 1
04-11.pdf (359.9Kb) -
The Impact of Human Capital Diversity, Experience and Compensation on Firm Performance in Engineering ConsultingLaursen, Keld; Mahnke, Volker; Vejrup-Hansen, Per (Frederiksberg, 2005)[More information][Less information]
Abstract: The paper investigates the relationship between human capital characteristics and firm performance in engineering consulting. Because general experience, firm-specific human capital and diversity carry specific costs and benefits we hypothesize curvilinear (taking inverted U-shapes) relations to firm performance. We find little effect of general experience and firm-specific human capital, but the findings give some support for the curvilinear relation between performance and human capital diversity. URI: http://hdl.handle.net/10398/7889 Files in this item: 1
DRUID_05_04.pdf (352.0Kb) -
Do Export and Technological Specialisation Patterns Co-evolve in Terms of Convergence or Divergence?Laursen, Keld (Frederiksberg, 1998)[More information][Less information]
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Drejer, Ina; Laursen, Keld (Frederiksberg, 1997)[More information][Less information]
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Frøslev Christensen, Jens (Frederiksberg, 1998)[More information][Less information]
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Some Cross-Country EvidenceBjørnskov, Christian; Foss, Nicolai J. (Frederiksberg, 2006)[More information][Less information]
Abstract: While much attention has been devoted to analyzing how the institutional framework and entrepreneurship impact growth, how economic policy and institutional design affect entrepreneurship appears to be much less analyzed. We try to explain cross-country differences in the level of entrepreneurship by differences in economic policy and institutional design. Specifically, we use measures of economic freedom from the Economic Freedom of the World database to examine which elements of economic policy making and the institutional framework are responsible for the supply of entrepreneurship Our data on entrepreneurship are derived from the Global Entrepreneurship Monitor. The combination of these two datasets is unique in the literature. We find that the size of government is negatively correlated with entrepreneurial activity but that sound money is positively correlated with entrepreneurial activity. Other measures of economic freedom are not significantly correlated with entrepreneurship. URI: http://hdl.handle.net/10398/7876 Files in this item: 1
DRUID_06_18.pdf (261.1Kb) -
Some Austrian InsightsFoss, Nicolai J. (Frederiksberg, 2001)[More information][Less information]
Abstract: I critically discuss recent claims about economic organization in the emerging “knowledge economy,” specifically that authority relations will tend to disappear (or at least become radically transformed), the boundaries of the firm will blur, and coordination mechanisms will be much more malleable than assumed in organizational economics, resulting in various “new organizational forms.” In particular, the price mechanism will be used inside hierarchies to a much greater extent. In order to obtain an analytical focus on the knowledge economy, I assume that it may be approximated by “Hayekian settings” (after Hayek 1945), that is, settings in which knowledge is distributed and where knowledge inputs are relatively more important in production than physical capital inputs. I then argue, drawing on organizational economics as well as Mises’ insights in property rights and comparative systems, that the presence of Hayekian settings does not mean that authority will disappear, etc., although economic organization will in fact be affected by the emergence of the knowledge economy. This suggests that Austrian economics has an important contribution to make to the study of economic organization. URI: http://hdl.handle.net/10398/7899 Files in this item: 1
DRUID_01_07.pdf (99.18Kb)
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