Browsing Working papers by Title
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Its Threats and Opportunities from the Perspective of Southeast AsiaBeoy Kui, Ng (København, 2006)[More information][Less information]
Abstract: The purpose of the paper is to examine the economic impact of China on the Southeast Asian countries, mainly in terms of trade and investment. The paper attempts to examine whether the rise of China poses a threat to Southeast Asia as a region in the area of international trade, especially competition in the third markets. Can they be comrades rather than competitors in international market? Secondly, the paper also questions the concentration of foreign direct investment (FDI) in China implies a diversion of FDI away from the region. Are the FDI in China and Southeast Asian region complement each other in the international division of labour? On the other hand, the increasing role of China as an international trader and global investor provides an opportunity for Southeast Asia countries to integrate with the Chinese economy. The huge domestic market of China also provides vast opportunities for investment, especially through connections of their respective ethnic Chinese businesses in the region. In return, Southeast Asian countries, through their respective ethnic groups can also play a middleman role between China and the West, as well as between China and India together with the Middle East. URI: http://hdl.handle.net/10398/7395 Files in this item: 1
arc2006-15pdf.pdf (343.1Kb) -
Open Standards and Their Early AdoptionKühn Pedersen, Mogens; Fomin, Vladislav V. (København, 2006)[More information][Less information]
Abstract: Standards have proven themselves indispensable to the industrial revolution. How are standards developed today? What does the economics of standards tell about the impact of standards upon economic growth and productivity? Do standards influence industry innovation? How are the standardization processes in the field of ICT taking place? How and why do open standards differ from other types of standards? How may open standards influence ICT government policy and the reverse: How will government need to take action in the face of the international trend toward open standards in ICT? URI: http://hdl.handle.net/10398/6498 Files in this item: 1
no_01-2006.pdf (340.7Kb) -
Blomgren-Hansen, Niels (København, 1998)[More information][Less information]
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or, why there is still so much to learn from the theory of the growth of the firmFoss, Nicolai Juul (København, 1998)[More information][Less information]
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A model of integrative strategy making processesJuul Andersen, Torben; Bernhard Nielsen, Bo (København, 2007)[More information][Less information]
Abstract: There is general consensus that coordination and integration are needed to achieve efficient outcomes while distributed decision power and autonomous actions are essential to develop innovative responses. These dual requirements for operational optimization and ongoing business innovation capture the essence of organizational ambidexterity as the means to sustain performance over time when environmental conditions change. This paper incorporates strategic management and organization theoretical rationales in a model that combines elements of integration and experimentation in the strategy making process and thereby extends the evolving literature on the ambidextrous organization. The performance relationships of the ambidextrous integrative strategy making model are investigated on the basis of a cross-sectional sample of 185 business entities operating in different manufacturing industries. Results of structural equation analyses indicate that superior performance in the ambidextrous organizations is associated with efficiencies derived from adherence to centralized strategic planning and effectiveness generated by decentralized innovative behavior through participation and autonomous actions. The study enhances our understanding of ambidexterity as the result of combined strategy making processes that balance the needs for economic efficiency and organizational adaptability. Key words: Ambidexterity, Dispersed decision-making, Innovation, Participatory decision-making, Strategic planning URI: http://hdl.handle.net/10398/7424 Files in this item: 1
2007-12.pdf (477.9Kb) -
Convergence or Divergence?Bislev, Sven (København, 1997)[More information][Less information]
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Banghøj, Jesper; Plenborg, Thomas (København, 2007)[More information][Less information]
Abstract: We explore the impact of stock pay and stock holdings on the pay to performance sensitivity in Denmark. Our research is motivated by the fact that most non-UK/US studies ignore stock based pay and stock holdings when measuring the pay to performance sensitivity. Further, most studies that explore the pay to performance relation apply the Black and Scholes approach assuming that the executive is both risk neutral due to hedge possibilities and well diversified. However, as pointed by Hall and Murphy (2002) executives are neither risk neutral nor well diversified. We adopt the certainty equivalence approach developed by Lambert et al (1991) to demonstrate that in a setting where executives are risk averse and undiversified there is a gap between the cost of granting stock options and the value, which executives receive from the same stock option program. Our findings indicate that the Danish level of pay is lower than in the UK and the US but more in line with the pay in other Scandinavian countries. Further, our results show that stock options are less frequently used to compensate Danish executives. On the other hand, stock ownership seems to be a more popular way to align the interests of the management and the shareholders than stock options. Furthermore, including stock holdings affect our four pay to performance sensitivity measures significantly. We also demonstrate that the pay to performance sensitivity is considerably lower than indicated by the Black and Scholes approach. Finally, the pay to performance sensitivity is on average smaller in Denmark than in the US. However, the pay to performance sensitivity seems similar in Denmark and the UK. URI: http://hdl.handle.net/10398/6741 Files in this item: 1
wp_2007-01.pdf (277.2Kb) -
Eriksson, Kent; Johanson, Jan; Majkgård, Anders; Sharma, D. Darma (København, 2000)[More information][Less information]
Abstract: This article examines the effect of variation - in the geographical operations - of international business operations on experiential knowledge development in the internationalization of the firm. Based on learning theory, this article develops five hypotheses on the effects of variation on three interrelated components of international experiential knowledge: internationalization knowledge, business knowledge and institutional knowledge. The LISREL analysis indicates that variation has a positive effect on the accumulation of experiential knowledge in internationalizing firms. In particular, it demonstrates that internationalization knowledge is a key variable which mediates the effect of variation on the other two knowledge variables. URI: http://hdl.handle.net/10398/6917 Files in this item: 1
linkwp23.pdf (131.6Kb) -
evidence from the BalticsJones, Derek C.; Mygind, Niels (København, 1999)[More information][Less information]
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Valentin, Finn; Lund Jensen, Rasmus (København, 2005)[More information][Less information]
Abstract: Studying the contribution from university scientist to inventions patented by Danish and Swedish dedicated bioteck firms (DBFs), we examine effects of the Law on University Patenting (LUP) implemented in Denmark in January 2000, transferring to the employer university rights to patents on inventions made by Danish university scientist alone or as participants in collaborative research with Industry. Jel classes: I23, L65, O31, O34, O38 URI: http://hdl.handle.net/10398/6771 Files in this item: 1
wp01-2005.pdf (198.6Kb) -
Elkjær-Larsen, Jens Kristian; Goldschmidt, Lars (København, 2008)[More information][Less information]
Abstract: Trods vore meget forskellige faglige baggrunde som hhv. ingeniør og statsaut. revisor har vi begge løbende funderet over kontrolverdenens mangfoldighed i såvel det offentlige som det private regi. Vi har begge skrevet om det, Elkjær-Larsen (2002) og Goldschmidt (1993 og 1997) og ved et tilfælde fandt vi anledning til at definere et fælles projekt, som vi herefter har arbejdet med i et års tid. Vi har udvalgt syv områder, som vi kender bedst, og de har dannet et iterativt samspil med en opstillet kontrolmodel, som vi herefter har afprøvet og brugt på de syv forvaltningers kontrolstruktur. URI: http://hdl.handle.net/10398/6761 Files in this item: 1
2008-106.pdf (899.8Kb) -
A Taxonomy of Knowledge Transfer CostsHusman, Tina Brandt (København, 2001)[More information][Less information]
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Kühn Pedersen, Mogens; Holm Larsen, Michael (København, 2000)[More information][Less information]
Abstract: Information systems (IS) have a record of raising efficiency and effectiveness in business operations. In the modern economy, ongoing efficiency improvements through innovation play a decisive role. A new theory of distributed relations refocuses innovations comptence from core to distributed competence, raising new efficiency opportunities. The paper suggest an economic model of the efficiency op-portunities of information processing revealing the efficiency form of distributed relations, a type of efficiency recently supported by IS. Previous research suggests examples of distributed information systems that support this type of efficiency. The distributed relations type of IS leverages an efficiency approach in the context of an organizational economics approach drawing attention to organizational informatics. URI: http://hdl.handle.net/10398/6903 Files in this item: 1
linkwp13.pdf (88.97Kb) -
Zinner Henriksen, Helle; Viborg Andersen, Kim; Juul, Niels Christian (København, 2005)[More information][Less information]
Abstract: Sammenfatning af undersøgelsen En netop gennemført spørgeskemaundersøgelse afdækker et betydeligt skift i kommunernes anvendelse af Internettet til indkøb i 2004 i forhold til to og fem år tidligere, hvor tilsvarende undersøgelser blev gennemført. Hvor det i 2002 var de mindre kommuner der var bedre til at søge information om vareindkøb på nettet, er dette billede dramatisk ændret i 2004. De mellemstore kommuner og store kommuner har distanceret de mindre kommuner. Det er overvejende de store kommuner der anvender e-indkøb og udnytter en stor del af de muligheder e-indkøb giver. De danske kommuner har i betydeligt omfang taget Internettet til sig på indkøbsområdet. Fra for fem år siden at være stort set uberørt af Internettet, er det i dag mindre end 2 procent der ikke køber ind via Internettet dagligt, ugentligt eller månedligt. De danske kommuner klarer sig ikke bare godt vurderet ud fra tidligere års præstationer, men også sammenlignet med norske kommuner som har indgået i undersøgelsen. De norske kommuner der medvirkede i undersøgelsen, er således på samme niveau, som de danske var for godt to år siden. Undersøgelsen viser, at den væsentligste drivkraft for implementering er forbedring af arbejdsrutiner, mens økonomiske besparelser kommer længere nede af listen. Trods den positive vurdering af mulighederne for bedre arbejdsrutiner og økonomiske besparelser, er kun 3% af kommunernes leverandører e-indkøbs leverandører, mindre end 1% af kommunernes indkøbsbudget anvendes online og blot 3% af kommunernes fakturaer modtages som e-fakturaer. URI: http://hdl.handle.net/10398/6444 Files in this item: 1
03_2005.pdf (321.0Kb) -
Bennedsen, Morten; Nielsen, Kasper (København, 2001)[More information][Less information]
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Duus, Henrik Johannsen (København, 2003)[More information][Less information]
Abstract: E-learning området er meget varieret hvad angår produkter, holdninger og meninger, og indeholder også en del "støj" og mytedannelser, som afspejles i såvel den akademisk-videnskabelige som den journalistisk-offentlige debat om området. Denne variation i såvel produkter som udtrykte meninger søges systematiseret og ordnet i fire idealtypiske paradigmer. Det vises, hvorledes disse fire paradigmer har hver sine bestemte karakteristika og udviklingsgrænser. Dette har afgørende strategisk betydning for virksomheders og læreanstalters udvikling af e-learning, idet forkerte paradigmevalg vil hæmme udviklingen. URI: http://hdl.handle.net/10398/7679 Files in this item: 1
fire design paradigmer.pdf (283.8Kb) -
Duus, Henrik Johannsen (København, 2006)[More information][Less information]
Abstract: The e-learning area is characterized by a magnitude of different products, systems and approaches. The variations can also be observed in differences in the views and notions of e-learning among business people, researchers and journalists. This article attempts to disentangle the area by using economic and sociological theories, the theories of marketing management and strategy as well as practical experience gained by the author while working with leading edge suppliers of e-learning. On this basis, a distinction between knowledge creation e-learning and knowledge transfer e-learning is outlined. In so doing, the existence of a huge gap between the practice and ideas of leading edge suppliers and several mainstream notions in business and academia is identified. The various views are divided into four different ideal-typical paradigms, each with its own characteristics and limitations. The selection of which paradigm to use in the development of an e-learning strategy may prove crucial for success. Implications for the development of an e-learning strategy in businesses and learning institutions are outlined. URI: http://hdl.handle.net/10398/7678 Files in this item: 1
cme 2006-011.pdf (360.9Kb) -
EDI applications in DenmarkViborg Andersen, Kim; Juul, Niels Christian; Bjørn-Andersen, Niels; Bunker, Deborah (København, 2000)[More information][Less information]
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[More information][Less information]
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Theory and ExperimentsAndersen, Steffen; Fountain, John; Harrison, Glenn W.; Rutström, E. Elisabet (, 2009)[More information][Less information]
Abstract: Subjective beliefs play a role in many economic decisions. There is a large theoretical literature on the elicitation of beliefs, and an equally large empirical literature. However, there is a gulf between the two. The theoretical literature proposes a range of procedures that can be used to recover beliefs, but stresses the need to make strong auxiliary assumptions or “calibrating adjustments” to elicited reports in order to recover the latent belief. With some notable exceptions, the empirical literature seems intent on either making those strong assumptions or ignoring the need for calibration. We make three contributions to bridge this gulf. First, we offer a general theoretical framework in which the belief elicitation task can be viewed as an exchange of state-dependent commodities between two traders. Second, we provide a specific elicitation procedure which has clear counterparts in field betting environments, and that is directly motivated by our theoretical framework. Finally, we illustrate how one can jointly estimate risk attitudes and subjective beliefs using structural maximum likelihood methods. This allows the observer to make inferences about the latent subjective belief, calibrating for virtually any well-specified model of choice under uncertainty. We demonstrate our procedures with an experiment in which we elicit subjective probabilities over three future events and one fact. URI: http://hdl.handle.net/10398/7799 Files in this item: 1
wp2009-3.pdf (2.043Mb)