Browsing Working Papers (INT) by Title
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Holt, John; Purcell, William R.; Gray, Sidney J.; Pedersen, Torben (København, 2002)[More information][Less information]
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Evidence using stochastic frontier approachSinani, Evis; Jones, Derek C.; Mygind, Niels (København, 2007)[More information][Less information]
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The Role of Physical and Intellectual InfrastructureKottaridi, Constantina; Bernhard Nielsen, Bo (København, 2003)[More information][Less information]
Abstract: Abstract In a recent global competitiveness report by the IMF, the four Nordic countries all ranked in top ten, attesting to the region’s growing attractiveness as a host location for MNCs. This paper investigates the driving forces determining foreign direct investment flows into Scandinavia. We use a panel data set covering FDI inflows to Denmark, Sweden, Norway and Finland for the period 1979-2000. Results suggest that, in addition to traditional determinants of FDI, technological advantages of the region are of particular importance for foreign investors. Thus, evidence is provided for the changing pattern of international production indicating strategic needs for MNCs to acquire assets and technology that are specific to particular locations. URI: http://hdl.handle.net/10398/6570 Files in this item: 1
bbn-wp4-2003.pdf (714.2Kb) -
Nielsen, Bo B. (, 2002)[More information][Less information]
URI: http://hdl.handle.net/10398/6541 Files in this item: 1
bn-det20int20strat20all20per.pdf (539.9Kb) -
Nebenzahl, Israel D.; Jaffe, Eugene D.; Usunier, Jean-Claude (København, 2000)[More information][Less information]
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Contextual Creation of Knowledge Versus Global Transfer of KnowledgeHolm, Ulf; Pedersen, Torben (København, 2000)[More information][Less information]
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Gammelgaard, Jens; McDonald, Frank; Tüselmann, Heinz-Josef; Dörrenbächer, Christoph; Stephan, Andreas (København, 2006)[More information][Less information]
Abstract: This paper develops a conceptual framework on the strategic development of subsidiaries and the direct employment of skilled labour. The framework is based on autonomy, and intra and inters organizational relationships. The conceptual model outlines the conditions that are likely to lead to too much, or too little, autonomy and intra and inter organizational relationships. This model is then used to develop propositions on the links between autonomy and intra and inter organizational relationships and direct employment of skilled labour. URI: http://hdl.handle.net/10398/6521 Files in this item: 1
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US and EU EvidencePedersen, Torben; Thomsen, Steen; Kvist, Hans Kurt (København, 2001)[More information][Less information]
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Global Competition, Collective Efficiency, and Local DevelopmentLorentzen, Jochen; Robbins, Glen; Barnes, Justin (København, 2004)[More information][Less information]
Abstract: The paper describes the formation of the Durban Auto Cluster in the context of trade liberalization. It argues that the improvement of operational competitiveness of firms in the cluster is prominently due to joint action. It tests this proposition by comparing the gains from cluster activities in the areas of supplier development, human resource development, logistics, and benchmarking, and by contrasting the impact of joint action against a host of other variables, notably international competition and technical assistance by foreign partners. URI: http://hdl.handle.net/10398/6598 Files in this item: 1
lorentzenrobbinsbarnesoctober2004.pdf (456.8Kb) -
Kokko, Ari; Ljungwall, Christer; Tingvall, Patrik Gustavsson (Frederiksberg, 2010)[More information][Less information]
Abstract: This paper investigates to what extent income growth in the Chinese provinces is linked to growth and income levels in neighboring provinces. We find that the rate of income growth in a province is positively related to income and growth in neighboring provinces. However, we find no evidence of such positive interdependence between growth in rich coastal provinces and their immediate inland neighbors. This suggests that there has been little synchronization in economic growth rates between these regions, and/or that the immediate hinterland of the coastal growth centers might have been bypassed as China’s manufacturing sector has migrated westward. URI: http://hdl.handle.net/10398/8032 Files in this item: 1
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Abstract: South Korean and Taiwanese brands have long been household names. Today, however, the names of transnational companies (TNCs) from an increasingly diverse set of emerging and developing economies are regularly making if not the dinner table conversation then at least the headlines of the international business press. This reflects that companies such as Mittal and Tata (India), China National Offshore Oil Corporation (CNOOC), Haier and Lenovo (PRC), Embraer (Brazil), SAPMiller (South Africa), and Cemex (Mexico) are foraying ever deeper into the international economy and increasingly investing abroad. Even though FDI usually constitutes only a minor part of countries’ total capital formation, the relationships between FDI and economic growth, welfare, and industrial upgrading in developing countries have been the object of long and extensive treatment in the literature. However, the literature has overwhelmingly focused on the impact of outward FDI from developed countries into recipient developing countries. Much less analyzed has been the increasingly important phenomenon of outward FDI (OFDI) from the developing countries themselves, be it into developed or into other developing countries. Apart from a few early pioneering studies (Lecraw 1977; Lall 1983; Wells 1983; Agarwal 1985) only few studies have been made so far of outward investment from emerging and developing economies. This is in spite of the fact that the value of outward FDI stock from developing countries reached USD859 billion in 2003, up from USD129 billion in 1990, and has increased 11 times since 1985. A limited number of recent studies do exist, though (e.g. Cai 1999; Lecraw 1993; van Hoesel 1999; Tolentino 1993; Andreff 2003; Chudnovsky and López 2000; Bulatov 1998, Yeung 2000). Furthermore, academic interest in the subject picked up considerably with the publication of UNCTAD’s 2006 World Investment Report, which was dedicated to the subject of FDI from developing and transition economies. The report was succeeded by a number of journal special issues (e.g. JIBS 2007, JIM forthcoming, TC forthcoming) and books (e.g. Goldstein 2007; Benito and Narula 2007). This paper takes stock of the mounting trend of outward FDI from emerging economies, with special focus on a group of five countries, which are becoming increasingly economically and politically influential, viz. the ‘BRICS’ countries. An ‘S’ is appended here to the conventional acronym of ‘BRIC’ (Brazil, Russia, India, China) to include the largest economy on the African continent, South Africa. The five BRICS countries produced some USD25 billion of outward FDI flows in 2004, corresponding to some 3 percent of world FDI flows and well over half (61 percent) of total developing country outflows. OFDI from the BRICS countries has grown rapidly over the last few years, while still remaining modest compared to many developed countries. Following a brief discussion of FDI and emerging economies in general the article proceeds to hypothesise that the increase we currently observe in outward investment from emerging and developing economies may constitute a third ‘wave’ of OFDI, distinct from the two previous waves depicted in the literature, and outlines the contours of such a wave. An empirical analysis OFDI from the BRICS countries follows, conducted at three levels: global (what is the extent, directions, etc. of outward FDI); sectoral (in which sectors is outward FDI significant); and firm level, identifying a small number of particularly interesting TNCs from emerging and developing economies URI: http://hdl.handle.net/10398/6567 Files in this item: 1
ijtg+ofdi+pga+w+general+fdi-2.pdf (304.2Kb) -
From Czechoslovakia To The Czech Republic and SlovakiaOoi, Can-Seng; Peji´c Kristensen, Tatjana; Lomanová Pedersen, Zdenka (København, 2004)[More information][Less information]
Abstract: Tourism offers an arena through which a place identity is imagined, negotiated and contained. This paper compares the Czech Republic and Slovakia, and show how these countries construct and assert their identities through tourism. They both share a common history as Czechoslovakia, however, they are perceived differently by the outside world. These former Eastern Bloc countries are promoting themselves in several ways and they are also marginalising their socialist past and invoking their Central European identity. The Czech and Slovak search for destination identity takes into account tourists’ demands and perceptions. This paper introduces the concept of the orientalist tourist gaze, and demonstrates how orientalism may manifest in tourism. Data on how these two countries are imagined were collected in Denmark. Keywords: destination identity, host society-guest interaction, impact of tourism, orientalism URI: http://hdl.handle.net/10398/6576 Files in this item: 1
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economic integration and the Nordic CountriesBenito, Gabriel R.G.; Grøgaard, Birgitte; Narula, Rajneesh (København, 2002)[More information][Less information]
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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) -
a study of India's corporate sectorPatibandla, Murali (København, 2001)[More information][Less information]
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Abstract: This paper discusses the changing relationship between the EU and Vietnam, and asks whether there is a shift from a “parental” to a “competitive” relationship. The focus of the paper is on the shift from aid to trade as the main interface between the EU and Vietnam. Aid relationships are often understood as hierarchical, linking a benevolent donor to a needy recipient, whereas commercial relationships are typically expected to involve a more competitive relationship. However, we argue that the bilateral relationship was never a “parental” one, even at the time when Vietnam’s relation to the EU was limited to aid. The reason is largely Vietnam’s historical experiences from the aid relationship with the Soviet Union, which created dependence and eventually an economic crisis when aid flows dried up in the late 1980s. Instead, there has been substantial tension between the donor community and Vietnam during most of the period since the early 1990s, when aid flows from the EU started growing. Regarding trade relations, we note that the EU’s increasing use of antidumping tariffs against Vietnamese exporters during the past years could be an indication of a less friendly and more competitive attitude towards Vietnam. However, it is likely that the antidumping measures used by the EU are not primarily directed at Vietnam, but rather at China. This means that Vietnam is affected by the re-polarization of the world economy through its proximity to and links with China, but that the relation is perhaps not as bad as the increasingly frequent trade conflicts may suggest. URI: http://hdl.handle.net/10398/8369 Files in this item: 1
Kokko_November_2011_CIBEM_WP.pdf (151.5Kb) -
A Corporate Governance ApproachKnudsen, Jette Steen (København, 2003)[More information][Less information]
Abstract: This article examines why Members of the European Parliament (MEPs) in 2001 turned down a proposal for an EU take-over directive? The first explanation focuses on party ideology. However, MEPs overwhelmingly voted according to national rather than party lines. Two additional explanations emphasise national characteristics: labour market legislation (national schemes to protect employees against dismissals) and corporate governance issues. Labour market legislation can explain the UK and German MEP votes but not the Swedish and French MEPs votes. These votes can be explained by emphasising measures against take-overs such as a high level of market capitalisation and unequal voting rights. URI: http://hdl.handle.net/10398/6617 Files in this item: 1
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Budeanu, Adriana (Frederiksberg, 2012)[More information][Less information]
Abstract: The development of sustainable products or services is defined by Maxwell as the process of making products or services in a more sustainable way (production) throughout their entire life cycle, from conception to the end-of-life (Maxwell & van der Vorst, 2003). Essentially, sustainable products or services are alternatives to existing ones, but of a superior quality, providing the same function to the customer, being more cost-effective, while also generating less harm on the surrounding environments or societies. The emphasis is on securing the efficiency of inputs and outputs is all actions along the life cycle of the product or service, from raw materials to discharged waste, so that unnecessary consumption of resources and generation of wastes are avoided. More advanced concepts such as product-service systems and needs-oriented-service systems aim to reduce impacts from the production and the use phase, or even at the end-of-life phase of a product (Mont, 2002; Roy, 2000). New and under development, the area of product-service systems is increasingly gaining acceptance from companies (Manzini & Jégou, 2003). URI: http://hdl.handle.net/10398/8544 Files in this item: 1
Budeanu_WP3_2012.pdf (1.108Mb) -
an empirical analysis of change in the organization of foreign distributionBenito, Gabriel R.G.; Pedersen, Torben; Petersen, Bent (København, 2000)[More information][Less information]
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The importance of sunk costs and spilloversSinani, Evis; Hobdari, Bersant (København, 2007)[More information][Less information]
Abstract: This paper investigates the importance of sunk costs, firm characteristics and spillovers from nearby exporters on a firm’s export participation decision. The empirical analysis involves the estimation of a non-structural, discrete choice, dynamic model with firm heterogeneity. The results suggest that both sunk costs and observable firm characteristics are important determinants of export market participation. In addition, previous history matters, in that, if a firm has been exporting the last period or the period before that it significantly increases the likelihood of the firm exporting in the current period. This conclusion is robust across all specifications. Also, larger firms with high capital intensity and foreign owned are more likely be exporters. Finally, while there is no clear evidence on export spillovers, if a firm operates in an export-oriented industry increases the likelihood of exporting. Dynamic Panel, sunk costs, export decision. URI: http://hdl.handle.net/10398/6544 Files in this item: 1
exportmarketparticipation-1.pdf (440.4Kb)