Browsing Working papers by Title
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A Relationship-based ApproachLi, Xin (Frederiksberg, 2011)[More information][Less information]
Abstract: This paper argues that the existing four major theories of the firm, i.e., the transaction cost theory, resource-based view, the entrepreneurial theory, and the stakeholder theory, are all insightful yet partial because each of them has a particular focus on the phenomenon of the firm. To better understand the nature and behaviors of the firm, we need a comprehensive yet integrative theory. Toward this end, this paper proposes a relationship-based theory of the firm (R’BT) which claims that it is the relationships between the entrepreneur and other individuals or firms that determine the existence, boundary, internal organization and competitive advantage of the firm. URI: http://hdl.handle.net/10398/8361 Files in this item: 1
Xin_Li_INT_2011.pdf (275.3Kb) -
Bernhard Nielsen, Bo; Michailova, Snejina (København, 2004)[More information][Less information]
Abstract: According to Heinrich v. Pierer, CEO at Siemens, "an e-business year is only three months long. If you want to be a leader in this fast-paced world, you must be faster than the others. Just being on board is by far not enough". The ability to be faster than others, however, is only relevant if it is linked to management of key assets in the pursuit of continuous competitive advantage. The key asset of the present is knowledge and in the future it is likely to be continuous and timely innovation based on effective management of knowledge assets. Most firms today, however, lack an effective Knowledge Management System. Although many companies have Management Information Systems in place, this is only the first step in a knowledge-based company. Companies that understand and actively manage the process of designing, developing and advancing effective KMS’ are likely to, in the words of Heinrich v. Pierer, "e-outperform competition and become leaders of the e-conomy". Using examples from a number of large multinational companies this paper proposes a phase model for the development of a global Knowledge Management System with attention to pertinent policy and management issues in each stage. Keywords: Knowledge management system, phase-model, multinational corporation, management actions URI: http://hdl.handle.net/10398/7304 Files in this item: 1
ckg-wp202004-03.pdf (173.0Kb) -
Communities of practice, intergration, and recurrent interaction patternsBecker, Markus C. (København, 2003)[More information][Less information]
Abstract: The objective of this paper is to contribute to understanding knowledge integration. The guiding question is 'What are the mechanisms underlying knowledge integration?' By knowledge integration we mean solving the problem raised by specialization: Specialization leads to a dispersion of specialized bodies of knowledge that are held by different specialists. Knowledge integration refers to how this drawing on different bodies of specialized knowledge is organized. The paper is organized in three main parts. First, we analyze what the problem of knowledge integration consists in, how it can be approached, and what mechanisms are underlying the approaches. Subsequently, we supply an empirical and a conceptual anchoring to our understanding. Finally, we propose to answer the question how to use such an understanding in analysing knowledge integration by focussing the analysis on communities of practice as the most adapted level of analysis for analysing knowledge integration, and on 'recurrent interaction patterns' within and between such communities. Such a focus would centure on one of the most important mechanisms for providing knowledge integration, it would be on a solid conceptual grounding, and it also is a practical approach that can be implemented. Keywords: knowledge flows, knowledge integration, communities of practice, recurrent interaction patterns, routines URI: http://hdl.handle.net/10398/6909 Files in this item: 1
linkwp2003-01.pdf (90.38Kb) -
Roseberry, Lynn (København, 2007)[More information][Less information]
Abstract: The purpose of this paper is to present a strategy for applying discourse analysis to the debate concerning the legal status of Corporate Social Responsibility ("CSR”). In the 1990s activists concerned with corporate involvement in activities that harm workers and the environment encouraged corporations to adopt voluntary initiatives, which have come to be known as CSR policies or corporate codes of conduct. Roughly ten years later NGOs like Christian Aid, which at first was a strong proponent of voluntary corporate codes of conduct, have begun calling for a greater emphasis on law and accountability mechanisms. Trade unions especially have expressed deep scepticism of the idea of CSR initiatives and the attendant industry that has grown up around them. The trade union movement criticises CSR initiatives for being a strategy to avoid regulation and trade unions. URI: http://hdl.handle.net/10398/7119 Files in this item: 1
wp cbscsr 2007-1.pdf (147.9Kb) -
Insights from Austrian Capital and Entrepreneurship TheoryFoss, Nicolai J.; Ishikawa, Ibuki (Frederiksberg, 2006)[More information][Less information]
Abstract: Over the last two decades the resource-based view (“RBV”) has become dominant in the strategic management field. It has often been observed that the RBV is lacking in the dynamic dimension. For example, processes of building competitive advantages by means of combining existing complementary resources in novel ways are not inquired into. We argue that the RBV may profitably draw on insights in entrepreneurship and capital theory, drawn from Austrian economists as well as Frank Knight, in order to strengthen its dynamic dimension. We link the RBV and Austrian ideas in the context of the theory of complex systems pioneered by Herbert Simon. We draw a number of implications for strategic management from this synthesis, notably into resource value and sustainability of competitive advantage. URI: http://hdl.handle.net/10398/7877 Files in this item: 1
DRUID_06_16.pdf (174.5Kb) -
Foss, Nicolai Juul; Ishikawa, Ibuki (København, 2006)[More information][Less information]
Abstract: The dominant view in the strategic management field is the resource-based view ("RBV"). It has often been observed that the RBV is lacking in the dynamic dimension. For example, processes of building competitive advantages by means of combining existing complementary resources in novel ways are not inquired into. We argue that the RBV may profitably draw on Austrian (Misesian) and Knightian insights in entrepreneurship and capital theory, particularly in its Lachmannian manifestation, in order to strengthen its dynamic components. We link the RBV and Austrian ideas in the context of the theory of complex systems pioneered by Herbert Simon. We draw a number of implications for strategic management from this synthesis, notably into resource value and sustainability of competitive advantage. JEL Code: B53, D21, L23, M1 URI: http://hdl.handle.net/10398/7458 Files in this item: 1
cbs forskningsindberetning smg 46.pdf (330.1Kb) -
A Comparative Study of Four European SolutionsKazan, Erol; Damsgaard, Jan (Frederiksberg, 2013)[More information][Less information]
Abstract: This paper focuses on the triumph march of mobile phones that currently are annexing music players, navigation devices, and cameras as separate physical objects. The next target is set on payment. Through synthesizing available literature, we construct a framework for studying digital payment platforms that combines platform, technology and business design aspects. The framework is applied to conduct a comparative case study of digital payment platforms. Four types of market actors are considered: banks, mobile network operators, merchants, and startups, which are incumbents and disrupters in the payment industry. These actors issue four types of payment systems, and we can observe that three of four platforms types can be classified as multi-sided platforms (MSP). All alternatives seek foothold by issuing evolutionary payment instruments, which are intertwined with digital payment platforms. By hosting third-party services, payment instruments are evolving from single-purpose to multi-functional ones. Our research extends existing payment literature from the MSP perspective to emphasize certain digital payment platform components, which impact strategies and complementary products. URI: http://hdl.handle.net/10398/8833 Files in this item: 1
Kazan_Damsgaard.pdf (1.066Mb) -
Foss, Nicolai Juul (Frederiksberg, 2013)[More information][Less information]
Abstract: The notion of “capability” has long been influential in management research as an approach to address firm-level heterogeneity and heterogeneity in competitive outcomes. I discuss how recent advances in economics may allow for a more rigorous understanding and measurement of capability that take organizational practices into account. However, economists may also learn from work on capabilities in management research. URI: http://hdl.handle.net/10398/8756 Files in this item: 1
Nicolai_Foss_SMGWP2013_9.pdf (416.7Kb) -
Mølbjerg Jørgensen, Kenneth (Aalborg, 2000)[More information][Less information]
Abstract: This paper explores the concept of organizational learning. The aim is on one hand to define organizational learning as an approach, which is also associated with an organizational level. A second aim is to define a clearer position for it in the change literature by associating it with the dialogue. We address these questions by means of the Dreyfus & Dreyfus model of skill acquisition and Polanyi's concept of tacit knowing. Moreover, we use a case study of six companies in the Telecom Valley Region in Northern Jutland to illustrate the main points. In these companies, we explore how they try to face continuous demands for changes in products, processes and strategies. We argue that they try to organize to facilitate dialogue and cooperation across all levels in the organization. These capabilities are decisive for these organizations since they make it possible for people to adapt and develop their knowledge to changed circumstances. URI: http://hdl.handle.net/10398/8137 Files in this item: 1
x645152497.pdf (40.66Kb) -
taking Norbert Elias and Pierre Bourdieu into organisational analysisRocha, Robson (København, 2003)[More information][Less information]
Abstract: In this paper, I discuss how a theoretical framework can be build to analyse social processes of transformation, making the link between macro and micro processes, in which this dichotomy can be overcome. The aim of this theoretical framework is to account for the transformation in societal characteristics and changes in actors’ strategies at micro level, in a way that links macro changes and micro processes - the cognitive structures of the individual and social structures of the society. In order to build this framework, I draw from the figuration sociology of Norbert Elias, the praxeologia of Pierre Bourdieu and the work of Michael Crozier. URI: http://hdl.handle.net/10398/6678 Files in this item: 1
wp 31.pdf (313.3Kb) -
Holden, Nigel (København, 2001)[More information][Less information]
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An Instructional Case Unit Concerning Japanese Management and Comparative Corporate Governance on the 1988 Labor Union Coup at Okuma Corporation, a Japanese Machine Tool ManufacturerTackney, Charles T. (København, 2006)[More information][Less information]
Abstract: This is an instructional case unit designed to introduce students to comparative management practice and comparative corporate governance. Employee participation (management consultation) in the modern Japanese industrial enterprise is dramatically explored by presenting students with a corporate crisis in managerial prerogative faced by the 1988 enterprise labor union and labor union executive of Okuma Corporation. Okuma is global leader in machine tools manufacture, based in Aichi Prefecture, Japan. An unusual feature of the Okuma Case concerns the agent for managerial change with whom students are invited to identify: the executive of Okuma Corporation’s enterprise labor union and its recourse to the firm’s management council. This instructional case unit contains an instructor’s manual, background information, and suggested questions. URI: http://hdl.handle.net/10398/6957 Files in this item: 1
okuma case.pdf (573.3Kb) -
Brian ()[More information][Less information]
Abstract: This working paper takes as its starting point the work of the German economic sociologist, Jens Beckert, and his call for empirical investigations into how intentionally rational actors reach decisions under conditions when they do not know what is best to do. It describes how trade fairs act as a framing mechanism that enables participants to come together for the exchange of goods and services and to perceive themselves as acting in a social field. Fairs frame the contacts people make and sustain as networks; the institutional rules and social norms guiding their behaviour there; and the values and cognitive frames that they bring to bear and negotiate with other participants. They make actors aware of a ‘mutual correspondence’ in their interpretation of the goods in which they deal and of the social situations in which engage for the sake of such trade. Trade fairs both configure fields and make markets possible. URI: http://hdl.handle.net/10398/8293 Files in this item: 1
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Motta, Massimo; Rønde, Thomas (København, 2002)[More information][Less information]
Abstract: We show that when the researcher’s (observable but not contractible) contribution to innovation is crucial, a covenant not to compete (CNC) reduces effort and profits under both spot and relational contracts. Having no CNC allows the researcher to leave for a rival. This alleviates a commitment problem by forcing the firm to reward a successful researcher. However, if the firm’s R&D investment mainly matters, including a CNC in the contract is optimal, as it ensures the firm’s incentives to invest. JEL Codes: J3, K2, L14, O31, O34. Keywords: Innovation, intellectual property rights, labor contracts, poaching, relational contracts, start-ups. URI: http://hdl.handle.net/10398/6800 Files in this item: 1
wplefic122002.pdf (481.6Kb) -
Motta, Massimo; Rønde, Thomas (København, 2002)[More information][Less information]
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Examples From The Fruit and Vegetable MarketFoss, Kirsten (Frederiksberg, 1996)[More information][Less information]
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Abstract: This article studies the involuntary transfer of property rights by theft - a topic almost unexplored in the law and economics literature. The question is whether a buyer of a stolen good should obtain title to the good if he/she has purchased it in good faith. As described in the article different jurisdictions treat this issue differently. The traditional theory suggests that there is a tradeoff between the costs of protecting the good and the costs of verifying the ownership. However, as shown, the rule of law concerning this issue significantly affects parties’ incentives. Specifically, it is shown that a rule of law where good faith is irrelevant in determining the issue of property rights Pareto dominates a rule where good faith may protect an innocent buyer. Thus, an owner of an asset will spend more resources on protecting his property and potential buyers will incur higher costs in order to verify the ownership when good faith is decisive for the transfer of property rights. JEL Classification: K11, K14 and K42 Keywords: property right law, theft, good faith and game theory URI: http://hdl.handle.net/10398/6802 Files in this item: 1
wplefic092005.pdf (324.7Kb) -
Rohde, Carsten; Rossing, Christian Plesner (Frederiksberg, 2011)[More information][Less information]
Abstract: When an enterprise is divided into smaller organizational units, each with its own results accountability, the question arises how to manage and measure the efficiency and profitability of such units. A task which is complicated when organizational units in the same enterprise or enterprise group trade internally as the units have to decide what prices should be paid for such inter-unit transfers. One important challenge is to uncover the consequences that different transfer prices have on the willingness in the organizational units to coordinate activities and trade internally. At the same time the determination of transfer price will affect the size of the profit or loss in the organizational units and thus have an impact on the evaluation of managers‟ performance. In some instances the determination of transfer prices may lead to a disagreement between coordination of the organizational units and overall profitability of the enterprise on the one hand and measurement of profitability and managers‟ performance in the units on the other. This chapter addresses these issues. URI: http://hdl.handle.net/10398/8374 Files in this item: 1
Carsten_Rohde_Transfer_Pricing.pdf (1.661Mb) -
The Role of Sources of Subsidiary Knowledge and Organizational ContextFoss, Nicolai Juul; Pedersen, Torben (København, 2000)[More information][Less information]
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The Role of Sources of Subsidiary Knowledge and Organizational ContextFoss, Nicolai Juul; Pedersen, Torben (København, 2000)[More information][Less information]