Browsing Working papers by Title
-
noter til en tiltrædelsesforelæsningFoss, Nicolai Juul (København, 1998)[More information][Less information]
-
[More information][Less information]
-
[More information][Less information]
Abstract: Spørgsmålet er om der er aftaleretlig revolution på vej, en revolution som er baseret på, at hvis virksomhederne vil overleve i den globale økonomi kræves nye initiativer for at skabe værdi.1 Den globale økonomi er karakteriseret ved omskiftelighed og aggressiv konkurrence. Derfor kan virksomheder sjældent stå alene om at skabe værdi.2 Det er forandringen i virksomhedernes værdiskabelse, som er årsagen til revolutionen. I stedet for at skabe værdi alene skaber virksomhederne nu værdier i fællesskab og til det kræves nye samarbejdsformer og nye måder at indgå aftaler på, selv i virksomhedens første levetid. De gamle metoder og teorier duer således ikke mere. Nye samarbejdsformer indbefatter både i Storbritannien,3 USA og i Danmark begrebet partnering. Selv om partnering er et forholdsvist nyt begreb i Danmark, har partnering allerede i USA vist at være vejen til fundamentale forandringer for, hvordan store virksomheder kontraherer. URI: http://hdl.handle.net/10398/8656 Files in this item: 1
Tvarnoe_2003.pdf (208.8Kb) -
When to Ally with Weak PartnersOverby, Mikkel Lucas (Frederiksberg, 2005)[More information][Less information]
Abstract: In many emergent markets, cross-industry alliances are necessary to develop and market new products and services. The resource-based view suggests that firms form alliances to access or acquire valuable, rare, non-imitable and non-substitutable resources, and that such access determines the level of profits. Hence, firms confronted with the choice between partners with strong versus partners with weak resource endowments should choose the former. We contest this view and argue that firms benefit from allying with weak partners at certain times. In essence, we suggest that partner selection involves assessing the relative importance of strong resource endowments and aligned strategic aspirations over time. By adopting an evolutionary approach, we show that appropriate partner selection criteria are dynamic and may involve allying with weak partners in the initial exploratory stage, with weak and/or strong partners in the development stage and with strong partners in the maturity stage. Our findings suggest that the resource-based understanding of strategic alliances should be extended to include a more profound role for a partner firm’s strategic aspiration. URI: http://hdl.handle.net/10398/7888 Files in this item: 1
DRUID_05_07.pdf (380.4Kb) -
Norus, Jesper (København, 2004)[More information][Less information]
Abstract: In recent years, establishing successful collaborative arrangements and relationships between university, industry and public institutions has come to be seen as essential in transforming new scientific knowledge into new innovations and business ventures. The fit between these very different actor groups has been treated as a contingent factor. However, little attention has been given to the managerial efforts that entrepreneurs have make to establish the fit between small firms, university research, and public policies such as regulatory policies and R&D policies through network-type structures. New biotechnology organizations are perfect objects to study these relationships because new biotechnologies and techniques predominantly come from the university sector (Kenney, 1986; Yoxen; 1984; Zucker & Darby, 1997; Robbins-Roth, 2001). From the perspective of the small biotechnology firms (SBFs,) this paper analyzes four different managerial strategies of how to create network structures to deal with the interfaces between industry, university and public institutions. The research-oriented strategy, the incubator strategy, the industrial-partnering strategy, and the policyoriented strategy. The research-oriented strategy focuses narrowly on how biotechnology firms transform scientific results into solid business plan or business models revealing the aim of the technologies, services or products. The incubator strategy is concerned with localization and how to overcome specific types of managerial problems in the initial stage of forming a business venture. The industrialpartnering strategy is concerned with how to overcome the problem of bringing the technologies from an experimental stage at a research lab to be able to handle industrial processes and full-scale production. Last, but not least, the policy-oriented strategy focuses on the problem of having products approved by the public authorities. The aim of the article is to demonstrate how SBFs over time develop network structures through patchwork-like activities, ongoing and overlapping activities, that serve as a blueprint for the management URI: http://hdl.handle.net/10398/6779 Files in this item: 1
wp06-2004.pdf (158.9Kb) -
Analyzing the consistency of EPO's ruling on novelty and inventive step in emerging industriesBurke, Paul F.; Reitzig, Markus (København, 2006)[More information][Less information]
Abstract: The increasing number of patent applications worldwide and the extension of patenting to the areas of software and business methods have triggered a debate on "patent quality". While patent quality may have various dimensions, this paper argues that consistency in the decision making on the side of the patent office is one important dimension, particularly in new patenting areas (emerging technologies). In order to understand whether patent offices appear capable of providing consistent assessments of a patent's technological quality in such novel industries from the beginning, we study the concordance of the European Patent Office's (EPO's) granting and opoposition decisions for individual patents. We use the historical example of biotech patens filed between 1978 until 1986, the early stage of the industry. Our results indicate that the EPO shows systematically different assessments of technological quality during the granting and the opposition phase. The inconsistency is likely not entirely attributable to additional information revealed after the grant date. URI: http://hdl.handle.net/10398/6778 Files in this item: 1
wp01-2006.pdf (266.9Kb) -
Davis, Lee (København, 2002)[More information][Less information]
-
Do Patents "Crowd Out” Prizes?Davis, Jerome; Davis, Lee (København, 2006)[More information][Less information]
Abstract: Debate over the merits of patents versus inducement prizes has tended to ignore the signaling roles of patents, and totally ignores the impact of patent signaling on prize contests. This paper asks: How does patent signaling affect the strategic choices of firms considering entering prize contests? First, we consider contests that do not allow patenting, then contests that do. If patenting is not allowed, we argue, patent-holders, both internal and external to the contest, can adversely impact prize contests by claiming prize winner violation of their patents, and suing for damages. The likelihood of such challenges being made can deter entry, particularly in contests requiring large sunk costs. Furthermore, the firm's decisionmaking process will discriminate against entering prize contests and favor R&D projects with patentable outcomes. Together, these problems may circumscribe any future wider role for prize contests, and limit their major putative welfare advantage: the ability to place prize winning solutions into the public domain. In contests where entrants may patent their inventions, entry is subject to basically the same problems as above (although such contests may carry some advantages as regards contest design). Our overall conclusion is that prize contests are liable to fail due to the lack of potential entrants, particularly as regards entry on the part of larger commercial firms. URI: http://hdl.handle.net/10398/7204 Files in this item: 1
ipr-w_12-davisdavis-mai03-1.pdf (332.8Kb) -
Sommerlund, Julie (København, 2005)[More information][Less information]
-
A Comparative Analysis of China and IndiaPatibandla, Murali (København, 2004)[More information][Less information]
Abstract: Qualitative information and data show significant differences in the magnitude and type of foreign direct investment inflows among developing economies. Explanation of the differences requires analysis of market institutional factors as well as the supply and demand side conditions. This paper adopts the approach that different configurations of supply, demand and market institutional factors explain the type of investment flows into developing economies. The argument is illustrated through a comparative study of China and India. Key Words: Developing Economies; Foreign Direct Investment; China, and India JEL Classification: F23, P52 URI: http://hdl.handle.net/10398/6524 Files in this item: 1
-
an explorationPatibandla, Murali (København, 2001)[More information][Less information]
-
who should compensate who?Astrup Jensen, Bjarne; Sørensen, Carsten (København, 2000)[More information][Less information]
-
Åkerstrøm Andersen, Niels (København, 2003)[More information][Less information]
-
kvalitetsbedømmelse af forskning, når vilkårene for vidensproduktion forandresHansson, Finn (København, 2000)[More information][Less information]
-
Bhatti, Jonas Aziz; Møller, Michael (København, 2002)[More information][Less information]
-
An Industry PerspectiveAndersen, Torben Juul (København, 2005)[More information][Less information]
Abstract: Multinational enterprise in control of dispersed overseas resources and capabilities has been linked to strategic flexibility that allows the firm to take advantage of opportunities and manage exposures imposed by changing environmental conditions. This paper analyzes the implied performance and risk management effects in a comprehensive sample of public firms and finds supportive evidence for the proposition that multinationality can enhance performance across industries. However, the ability to exploit upside potential and avoid downside risk is industry specific. The positive effects of multinationality are found particularly pronounced among firms operating in knowledge intensive service industries while firms in capital-intensive primary industries display the inverse relationships. Keywords: Strategic flexibility, Real options, Risk management URI: http://hdl.handle.net/10398/7473 Files in this item: 1
cbs forskningsindberetning smg 30.pdf (479.6Kb) -
Kumar, Vikas; Pedersen, Torben; Zattoni, Alessandro (København, 2008)[More information][Less information]
Abstract: Manuscript Type: Empirical Research Question/Issue: Institutional and transaction costs theories highlight the idea that group affiliated firms outperform unaffiliated firms in emerging economies. The persistence of superior performance for group affiliated firms is, however, questioned by the fast and recent development of markets and institutions in these countries. In this article, we explore this link between firm performance and the evolution of institutional environment. Research Findings/Insights: The setting of the empirical investigation is India in the postreform era (post 1990). We test for effects of business group affiliation on firm performance over a 17 year time period from 1990 to 2006. Our findings show that (i) the performance benefits of group affiliation erode with the evolution of the institutional environment; (ii) older affiliated firms are better able to cope with institutional transition than younger affiliated firms; (iii) service-sector affiliated firms are better able to cope with institutional transition than manufacturing-sector affiliated firms. Theoretical/Academic Implications: Our findings both support the institution- and transaction costs-based theory of business groups, and extends it by incorporating a dynamic and longitudinal component. They also demonstrate – in line with recent works - that the benefits of group membership differ for different types of member firms. Practitioner/Policy Implications: The article has implications for both managers and policy makers. Managers of business groups should timely adapt their strategy to the evolution of the institutional environment. Policy makers should, instead, devote attention to the consequences of their policies because they may undermine the efficiency of large national companies. URI: http://hdl.handle.net/10398/7430 Files in this item: 1
smg wp 2008-25.pdf (191.1Kb) -
An Empirical Analysis of the Organisational Structure and Performance of 1900 Danish FirmsSkov Kristensen, Frank (København, 1997)[More information][Less information]
Abstract: Among some scholars of management, organisation and also economists as well as policy makers it is argued that certain new forms of firm organisation such as flexible and learning organisations increasingly are becoming “best practice”, in an increasingly learning and global economy. On a policy level, in eg. Denmark and OECD, questions are already asked as to how policies should be set up to stimulate such organisational forms. A crucial aspect that is recognised by some scholars, is that it is in certain competitive structures where flexible and learning organisations are well suited, though tends to be overlooked within the debate. The analysis in this paper applies performance data from Statistics Denmark merged with survey data of organisational forms, management, work practices and employee skills collected through a questionnaire in 1900 Danish firms in manufacturing as well as services. Applying regression analyses we show that the flexible or learning organisational forms in some parts of the economy, characterised by innovation turbulence and cumulativeness, are best performers though not in general. We argue that a quantitative analysis as ours is vital to both avoid idiosyncratic generalisations among scholars as well as policy makers, and to give rigid and more detailed implications for policy regarding firm organisation, both at present and in a dynamic setting. URI: http://hdl.handle.net/10398/8111 Files in this item: 1
x644602642.pdf (87.67Kb) -
Kalmi, Panu; Mygind, Niels; Terk, Erik (København, 1999)[More information][Less information]
-
an empirical investigationFoss, Nicolai Juul; Laursen, Keld (København, 2002)[More information][Less information]