Browsing Research documents by Title
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Argentine industrial SMEs from different local systemsYoguel, Gabriel, Fabio Boscherini (Frederiksberg, 2000)[More information][Less information]
Abstract: The new economic scenario increases the importance of the “innovative capacity” of the agents as crucial competitive instrument in order to attain the differentiating element required by the competitive process. Innovative capacity refers to the agents’ capability to transform general knowledge into specific one using their stock of competencies and dynamic assets, including formal and informal –both codified and tacit- learning. In this paper we recognize that the economic, social and institutional environment of firms becomes increasingly important. The new competitive situation and the uncertainties generated by the economic globalization process intensify the role of institutional and social agents in strengthening the innovative capacity of firms. This, in turn, results in the generation of technological, organizational and market knowledge and in the development of formal and informal mechanisms to facilitate its diffusion through the productive internal network. In the framework defined by the new production and market conditions, innovative processes change from an individual (and often incremental) phenomenon to a collective one where both the capacity to collaborate and interact and the adequate institutional structure, fostering innovative activities on the part of economic agents, become crucial. The main objective of this paper is to present a proxy indicator of the agents’ potentiality to learn, create “competencies”, transform generic knowledge into specific knowledge and, therefore, innovate. It aims at analyzing the knowledge of firms, specially, the way they acquire, organize, memorize and transfer information (technical, organizational, etc.) thus contributing to increase the knowledge base itself. For that purpose, this paper analyze the application of such indicator to a sample of 245 firms in Argentina, most of them small and medium sized firms, located in different areas with heterogeneous incidence of externalities. In that sense, we will try to determine the importance of the agent’s size and environment to understand the existing differences in innovative capacities. Finally, the paper will evaluate whether those firms with larger innovative capacity have had a more dynamic performance in the market as from the start of the trade openness and structural reforms processes. URI: http://hdl.handle.net/10398/8075 Files in this item: 1
8778730961.pdf (193.0Kb) -
On the role of knowledge in industrial districtsHåkanson, Lars (København, 2003)[More information][Less information]
Abstract: This paper questions the prevailing notions that firms within industrial clusters have privi-leged access to ‘tacit knowledge’ that is unavailable – or available only at high cost – to firms located elsewhere, and that such access provides competitive advantages that help to explain the growth and development of both firms and regions. It outlines a model of cluster dynam-ics emphasizing two mutually interdependent processes: the concentration of specialized and complementary epistemic communities, on the one hand, and entrepreneurship and a high rate of new firm formation on the other. URI: http://hdl.handle.net/10398/6627 Files in this item: 1
working paper 2003-10.pdf (320.9Kb) -
Boom, Anette (København, 2008)[More information][Less information]
Abstract: This paper uses an adapted version of the linear tracing procedure, suggested by Harsanyi and Selten (1988), in order to discriminate between two types of multiple Nash equilibria. Equilibria of the same type are pay-off equivalent in the analysed multiple-unit unit price auction where two sellers compete in order to serve a fixed demand. The equilibria where the firm with the larger capacity bids the maximum price, serves the residual demand and is undercut by the low capacity firm that sells its total capacity risk dominate the equilibria where the roles are interchanged. URI: http://hdl.handle.net/10398/7664 Files in this item: 1
wp2-2008.pdf (302.0Kb) -
The Conflicting Legacies of Demsetz and PenroseJ. Foss, Nicolai (København, 1997)[More information][Less information]
Abstract: This paper argues that not only Edith Penrose, but also Harold Demsetz should be seen as a dominant source of inspiration for RBP scholars, that these two crucial influences hold different and even conflicting views of the economic process, and that they helped found different research areas and research approaches within the RBP. Based on this discussion, the paper argues that the conflicting legacies of Penrose and Demsetz threathen the coherence of the RBP, that a central problem in the RBP is the lack of understanding of the process of resource-creation which tends to give the perspective a retrospective character, but that work on technological innovation and change, framed in the broader theoretical context of Austrian and evolutionary economics, may help remedy this shortcoming. URI: http://hdl.handle.net/10398/8113 Files in this item: 1
x644863403.pdf (147.7Kb) -
The Conflicting Legacies of Demsetz and PenroseFoss, Nicolai J. (Frederiksberg, 1997)[More information][Less information]
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a study of India's corporate sectorPatibandla, Murali (København, 2001)[More information][Less information]
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The Role of Host Country Governance ManagementGloberman, Steven; Nielsen, Bo B. (København, 2006)[More information][Less information]
Abstract: A substantial literature has evolved focusing on the ownership structure of international strategic alliances (ISAs). Most of the relevant studies are theoretical in nature and concentrate on the conceptual factors that influence the choice between equity and non-equity structures. A smaller number of studies provide some empirical evidence on the importance of some of the conceptual factors. The theoretical literature highlights the potential influence of relational capital and transaction costs as determinants of ISA structure; however, there is little empirical evidence on the relative importance of these potential determinants. Moreover, there is only limited and indirect evidence bearing upon the impact of host country governance attributes on ISA ownership structure. In this study, we provide statistical evidence on the importance of potential determinants of governance mode choice for a sample of ISAs involving Danish firms. Our study documents how the determinants of governance mode choice vary in importance depending upon the "quality" of the governance infrastructure of the host country. Key words: Relational Capital, Governance, International Strategic Alliance URI: http://hdl.handle.net/10398/7422 Files in this item: 1
smg wp 2006-019.pdf (381.8Kb) -
en undersøgelse af Sigchi.dk fællesskabets videnClemmensen, Torkil; Leisner, Pelle (København, 2002)[More information][Less information]
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Abstract: Participation rate on the Greenland labour market: situation of year 2000 A goal is that a large part of the population of normal working age is employed. The participation rate is one of the statistics used to describe the performance of the economy in this respect. Two sources are used to arrive at an estimate of the rate both for Greenland in general and for four regions defined by four so called growth towns: Nuuk, Sisimiut, Ilulissat and Qaqortoq. They are Statistic Greenland’s publications on employment and on unemployment. There are some difficulties using the available data: the employment and unemployment surveys refer to periods whereas the potential workforce is counted at a date. Furthermore persons with yearly income below an arbitrary limit of 40.000 DKK are sorted out even though they should contribute to the number of full year employed. The participation rate is found to be much higher in Nuuk than in the other regions. For Greenland as such the number is in line with figures for Western Europe and North America. Characteristics of people not in the work force are looked for. To some extent a connection exists to the number people receiving pension as disabled, people in education, and those on leave because of childbirth, but the relation is imperfect and great differences are seen between regions. URI: http://hdl.handle.net/10398/7604 Files in this item: 1
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Datagrundlag og analyserHolm Hansen, Jacob; Bordum, Anders (København, 2005)[More information][Less information]
Abstract: Erhvervslivets strategiske ledelseskommunikation – datagrundlag og analyser præsenterer på 250 sider datagrundlaget og analyserne af de 50 største virksomheder i Danmarks strategiske ledelseskommunikation. Analyserne er bilag til og udgør grundlaget for bogen af Anders Bordum & Jacob Holm Hansen: Strategisk Ledelseskommunikation – Erhvervslivets ledelse med visioner, missioner og værdier. Udgivet på Jurist- og Økonomforbundets Forlag 2005. URI: http://hdl.handle.net/10398/7669 Files in this item: 1
8799022451.pdf (2.505Mb) -
Om analysen af den økonomisk-politiske integration i EUNedergaard, Peter (København, 2007)[More information][Less information]
Abstract: Artiklen diskuterer anvendelige teorier for analysen af den økonomisk-politiske integration i EU’s politiske system, som i dag er langt den vigtigste reguleringsramme om virksomhederne i EU. I den forbindelse foreslår artiklen en såkaldt socialkonstruktivistisk rational choice-teori, hvor socialkonstruktivismen tager sig af de ændrede politiske præferencer og rational choice-teorien sig af de langt mere konstante politiske institutioner. Den foreslåede teori anvendes til forklaring af de politiske resultater af tre vigtige reformer af EU’s landbrugspolitik i 1984, 1992 og 2003. Den viser sig i stand til både at forklare indarbejdelsen af mere postmoderne præferencer i reformerne og at det er de svagt organiserede grupper som forbrugerne og (i stigende grad) skatteyderne, der betaler regningen for EU’s landbrugspolitik uanset, hvordan den reformeres. URI: http://hdl.handle.net/10398/7354 Files in this item: 1
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Abstract: This paper reports the findings of a research project investigating the utilization and continuous improvement of Enterprise Resource Planning (ERP) systems. Adopting the aspects of a resource management framework and Critical Success Factor research, an initial framework is developed. The framework is developed through a survey of ERP system expert consultants. A number of factors and causalities are identified, including the positive role of use by top management and the role of corporate culture. Two factors were found to have a negative impact on utilization. The first is the unreflective use of ERP system implementation methods, which can ‘kill’ the visions and ideas of implementing ERP systems, while the second is the vanilla implementation strategy. URI: http://hdl.handle.net/10398/8009 Files in this item: 1
CAICT_Com_22010.pdf (1.679Mb) -
Sudzina, Frantisek; Razmerita, Liana (Frederiksberg, 2012)[More information][Less information]
Abstract: Due to advances of technology including faster and ubiquitously accessible Internet connection, on-line gaming have grown tremendously in the last couple of years. The aim of this paper is to investigate whether escapist motives for playing games are linked to strengthening of weak ties through on-line gaming. The research investigates Facebook and other on-line games separately. A surprising result is that while most of the investigated escapist motives are positively correlated with strengthening of weak ties, the mundane breaking motive is negatively correlated with strengthening of weak ties. URI: http://hdl.handle.net/10398/8620 Files in this item: 1
Razmerita_2012Itais.pdf (139.7Kb) -
Sudzina, Frantisek; Razmerita, Liana (Frederiksberg, 2012)[More information][Less information]
Abstract: Due to advances of technology including faster and ubiquitously accessible Internet connection, on-line gaming have grown tremendously in the last couple of years. The aim of this paper is to investigate whether escapist motives for playing games are linked to strengthening of weak ties through on-line gaming. The research investigates Facebook and other on-line games separately. A surprising result is that while most of the investigated escapist motives are positively correlated with strengthening of weak ties, the mundane breaking motive is negatively correlated with strengthening of weak ties. URI: http://hdl.handle.net/10398/8603 Files in this item: 1
Razmerita_2012.pdf (139.7Kb) -
"feelings are the motive power, reason is the rudder"Ry Nielsen, J.C.; Ry, Morten (København, 2003)[More information][Less information]
Abstract: In this essay we will demonstrate that the role of project management in organisational change processes is a mixture of rational and non-rational features. It is also colourful, difficult, interesting, and messy. We have named the paper "An Essay on". An essay means treating a topic freely from different angles, although not forgetting the sources you used. The implication of this is that we are not able or willing to make an encompassing study of the literature on project management3. We thus know that many angles will not be covered. Furthermore we do not intend a make a negative delineation, indicating what we are not dealing with. We prefer to make a positive delineation, emphasising what we are going to take up in our essay. Positively phrased we are inspired by 3 sources that will make the foundation for our different angles: 1. Decision making theory (Enderud,1976)4. One of the authors has previously with success applied decision-making theory as an approach for analysing organisation change processes 5. Both authors have followed the same line in analysing organisational changes in the Danish public sector6. That success has inspired us to re-use the distinction between rational, political and anarchic processes in this essay 7. Enderud (1976:21-22) excludes explicitly the role of the actors’ participation in his presentation of decision models. We find, however this aspect so important that we have decided to include it 2. Buchanan and Boddy´s analysis of the character of change8: The authors characterise the change project in to dimensions. One pertains to the activities concerned: Are we dealing with peripheral or core activities of the organisation. The second dimension deals with the magnitude of the change. Buchanan and Boddy use the scale: incremental - radical9. Furthermore Buchanan and Boddy makes a useful distinction between "public performance" (on stage) of rationally considered and logically phased and visibly participative change and "backstage activity" in the recruitment and maintenance of support and in seeking and blocking resistance (ibid p.27) 3. We will apply data from our own case studies. We will use a format that we call an illustration, thereby indicating that we "only" illustrate a point. We do not prove it10. Our cases are almost all from the public sector or from trade unions. Most of them have been published elsewhere. URI: http://hdl.handle.net/10398/6711 Files in this item: 1
dokument 9.pdf (272.6Kb) -
Nielsen, Steen (Frederiksberg, 2000)[More information][Less information]
Abstract: This dissertation adresses various issues regarding the functioning of financial markets. It consists of introduction and five independent chapters of which the first four are empirical and the last one is theoretical. The introduction provides a brief background on some of the data used in subsequent chapters and a discussion of the main results of the dissertation URI: http://hdl.handle.net/10398/7935 Files in this item: 1
Steen_Nielsen.pdf (17.09Mb) -
Evidence from Danish Micro DataSchultz, Esben Anton (Frederiksberg, 2012)[More information][Less information]
Abstract: This thesis consists of four empirical essays within the broad field of modern labor economics. All four essays are self-contained and can be read independently of the others. Chapter 1 investigates the distinct effects on information technology and communication technology on firm’s skill demand. Chapter 2 studies whether the observed wage gab between majors in human arts and other fields are caused by their education per se or by selection. Chapter 3 examines taxable income responses to variation in marginal tax rates. Chapter 4 analyzes the effect of income taxation on the international migration of top earners. Each chapter provides an independent and separate analytical contribution to their specific field. URI: http://hdl.handle.net/10398/8442 Files in this item: 1
Esben_Anton_Schultz.pdf (4.890Mb) -
Stenbo Nielsen, Mads (Frederiksberg, 2011)[More information][Less information]
Abstract: The thesis consists of three essays that cover different aspects of correlation modelling in corporate default risk. Each essay is self-contained and can be read independently. Essay I: Correlation in corporate defaults: Contagion or conditional independence? Essay II: Systematic and idiosyncratic default risk in synthetic credit markets. Essay III: Credit spreads across the business cycle. URI: http://hdl.handle.net/10398/8370 Files in this item: 1
Mads_Stenbo_Nielsen.pdf (5.032Mb) -
Bajlum, Claus (København, 2008)[More information][Less information]
Abstract: This Ph.D. thesis consists of three self-contained chapters, which can be read independently. The chapters are interrelated through their use of structural credit risk models and a credit derivative known as the Credit Default Swap (CDS). Chapter 1 estimates the impact of accounting transparency on the term structure of CDS spreads for a large cross-section of firms. Chapter 2 analyzes the use of CDS spreads in a convergence-type trading strategy known as capital structure arbitrage. Finally Chapter 3 estimates the time-series behaviour of the credit risk premium in the market for Credit Default Swaps. URI: http://hdl.handle.net/10398/6520 Files in this item: 1
claus_bajlum.pdf (1.513Mb) -
Amore, Mario Daniele (Frederiksberg, 2012)[More information][Less information]
Abstract: The effect of corporate governance and managers on the value of companies has received great attention in the recent public debate. In the academic research, this increased attention has been associated with an effort to develop finer conceptual frameworks and analytical techniques to assess how governance and financial characteristics influence corporate policies and profitability. While theoretical models represent a successful approach under specific hypotheses, the econometric analysis of corporate governance and managerial characteristics has proven to be extremely challenging. Because governance and managerial characteristics are equilibrium outcomes largely determined by the firm itself, it is methodologically difficult to separate out their determinants from their consequences to infer causal effects. Since its infancy the empirical corporate governance and corporate finance research has faced this problem, which is often responsible for mixed empirical results. In my dissertation, I adopt a common methodological framework developed in the “program evaluation” literature to shed new light on the effects of governance and managerial characteristics on a variety of corporate policies and, ultimately, firm performance. In particular, I estimate a class of difference-in-differences models deriving the empirical identifications from policy changes that generate “quasi-natural experiments”. URI: http://hdl.handle.net/10398/8451 Files in this item: 1
Mario_Daniele_Amore.pdf (1.242Mb)