Browsing Department of Strategic Management and Globalization (SMG) by Title
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Too Much of Two Good Things?Moberg, Kåre (Frederiksberg, 2012)[More information][Less information]
Abstract: I present an analysis of a survey in which the effect of entrepreneurship education and project-based education on students at lower secondary level is investigated. The results are based on a random sample of 2000 Danish students. The analysis indicates that entrepreneurship education has a positive effect on students’ personal development, and that its effect on entrepreneurial intentions is fully mediated by its effect on students’ self-conception. A finding with important policy implications is that there is a negative interaction effect between entrepreneurship education and project-based education regarding impact on students’ self-conception. The implication of the results is that we should replace project-based education with entrepreneurship education rather than having them run in parallel. URI: http://hdl.handle.net/10398/8515 Files in this item: 1
Moberg_SMGWP_4_2012.pdf (1.038Mb) -
Rabbiosi, Larissa (København, 2008)[More information][Less information]
Abstract: This paper explores theoretical and empirical ambiguities in the literature concerning the impact of foreign subsidiary autonomy on intra-MNE knowledge transfer. We argue that understanding the interdependences between subsidiary autonomy and the use of different communication systems – e.g. person-based and electronic-based communication systems – is crucial to putting forward new insights in the debate. Based on the recent literature on strategic management, we hypothesize that the two communication systems call for different degrees of subsidiary autonomy and vice versa. Using a data set consisting of 307 dyads between foreign subsidiaries and their parent companies, we find that two distinctive configurations positively affect the extent of knowledge transfer from foreign subsidiaries to their parent companies. The first is the combination of a high degree of subsidiary autonomy and the use of person-based mechanisms, and the second is the combination of low subsidiary autonomy and the use of electronic-based mechanisms. URI: http://hdl.handle.net/10398/7455 Files in this item: 1
smg wp 2008-16.pdf (766.3Kb) -
Nielsen, Bo Bernhard; Nielsen, Sabina (, 2009)[More information][Less information]
Abstract: Nationality diversity and international experience constitute two related yet distinct sources of competence among upper echelons. While both TMT international experience and nationality diversity increases the likelihood of firms expanding outside their home region, our results show that TMTs with international experience are more likely to expand abroad via greenfield investments, whereas nationally diverse TMTs are more likely to engage in international acquisitions and joint ventures. This highlights the need to treat TMT nationality diversity and international experience as two different characteristics influencing foreign entry mode decision. URI: http://hdl.handle.net/10398/7938 Files in this item: 1
SMG WP 2009-08.pdf (316.1Kb) -
How Competing Logics arise and shape organizational processes and outcomes during scale-upKalum Schou, Peter (Frederiksberg, 2018)[More information][Less information]
Abstract: In order to scale, entrepreneurial ventures (younger, growth oriented and innovative firms) often have to change the market they operate in. For example, going from an early scientific market to a mainstream one. These different markets work with different logics; what is valuable to the early market is not as valuable to the mainstream one and vice versa. When scaling up, the venture can encounter institutional complexity, that is when it faces both logics at the same time. This thesis investigates how a scaling venture encounters this institutional complexity. The thesis focuses on how these macro-level changes affect the internal processes and outcomes on the micro-level in the venture. The thesis consists of four papers. The first paper reviews the core theoretical literature of institutional logics that the thesis builds upon. The second and third paper rely on the longitudinal, qualitative data collected from a venture. The second paper investigates how a new logic is adopted on the micro-level and the consequence for the venture. The third follows this paper in time and investigates how the firm’s strategy of catering to two different logics incurred a tradeoff in accessing resources and legitimacy from both sources and having internal coherence, as the logics was used by each group differently and thus two sets of beliefs, ways of working and rules were present. The fourth paper builds a theoretical argument on how organizations respond to institutional change. This paper argues that working in peripheral organizations incurs that managers have more unencumbered ways of thinking and therefore are more able to embrace institutional change compared to managers in embedded organizations. The overarching contribution of this thesis is to illustrate and analyze how competing logics influence and hinder the scale-up of entrepreneurial ventures. This analysis contributes to the institutional logics literature, especially the one on hybrid organizations and institutional complexity, by providing insights into the micro-level mechanisms of the logics, which has been lacking in development in some areas. The findings provide practical insights into the challenges that ventures face in their internal organization as they scale. Thereby, thesis seeks to help out on this societal important issue of boosting the growth of, and in, new and innovative firms. URI: http://hdl.handle.net/10398/9679 Files in this item: 1
Peter Kalum Schou.pdf (2.519Mb) -
Ludwig M. Lachmann’s Interpretative InstitutionalismFoss, Nicolai J.; Garzarelli, Giampaolo (København, 2006)[More information][Less information]
Abstract: The paper revisits the socioeconomic theory of the Austrian School economist Ludwig M. Lachmann. By showing that the common claim that Lachmann’s idiosyncratic (read: eclectic and multidisciplinary) approach to economics entails nihilism is unfounded, it reaches the following conclusions. (1) Lachmann held a sophisticated institutional position to economics that anticipated developments in contemporary new institutional economics. (2) Lachmann’s sociological and economic reading of institutions offers insights for the problem of coordination. (3) Lachmann extends contemporary new institutional theory without simultaneously denying the policy approach of comparative institutional analysis. (90 words.) Keywords Comparative institutional analysis, coordination, expectations, institutional evolution, interpretative institutionalism. JEL Codes B31, B52, B53, D80. URI: http://hdl.handle.net/10398/7417 Files in this item: 1
wp institutions as knowledge capital.pdf (310.3Kb) -
Seizing Opportunities and Managing ThreatsSax, Johanna; Juul Andersen, Torben (Frederiksberg, 2013)[More information][Less information]
Abstract: Strategic responses to complex and frequent environmental changes must balance the tension between innovative opportunistic search and optimization of operating processes. The ability to survive and thrive depends on an ability to facilitate dispersed exploratory initiatives, test their commercial viability, and exploit the associated business opportunities. However, dispersion of authority requires coordination as well as empowerment calls for extended controls. Hence, there is a tension between the aim of avoiding diversion of corporate resources through tight control of plans and facilitation of decentralized autonomous initiatives searching for opportunities. This prescribes a strategy process that gives direction and forms structure while it at the same time enables innovative behaviors and entrepreneurial initiatives. To this end, the paper outlines an integrative model that combines centrally planned (induced) and decentralized (autonomous) strategy-making with interactive control processes. The strategy and management accounting literatures are synthesized to develop the theoretical underpinning for the model and its proposed outcome effects. It is argued that interaction control of central and dispersed strategy-making creates a dynamic system that drives organizational adaptation. The outmoded strategic control concept is revisited and updated for contemporary responsiveness needs under increasingly turbulent conditions. Finally, the paper lays out a method for an empirical survey-based study that can test the propositions from large-scale corporate sampling. URI: http://hdl.handle.net/10398/8786 Files in this item: 1
sax juul andersen.pdf (197.2Kb) -
Harder, Mie (Frederiksberg, 2011)[More information][Less information]
Abstract: This dissertation explores the internal antecedents of the phenomenon labeled management innovation. Management innovation refers to the implementation of new management practices, processes, techniques or structures that alter the way the work of management is performed. In other words, management innovation refers to changes in what managers do and how they do it. URI: http://hdl.handle.net/10398/8295 Files in this item: 1
Mie_Harder.pdf (1.496Mb) -
The effect of diagnostic capability and implementation capabilityHarder, Mie (Frederiksberg, 2011)[More information][Less information]
Abstract: Management innovation is the introduction of new management practices that significantly alter the way the work of management is performed. Building on behavioral theory of the firm, this paper explores the effect of firms’ diagnostic capability and implementation capability on the likelihood of adopting new‐to‐thefirm and new‐to‐the‐industry management innovations. The paper finds that formalized activities directed at developing and implementing management innovations as well as CEO novelty increases the likelihood of innovating in both categories. Also, top management team (TMT) diversity increases the likelihood of adopting new‐to‐the‐industry innovations. The paper does not find a direct effect of performance decline on the likelihood of implementing management innovation, but two variables, TMT diversity and previous experience, positively moderate the relationship between performance decline and new‐to‐the‐industry management innovation. URI: http://hdl.handle.net/10398/8247 Files in this item: 1
SMG_WP_3_2011.pdf (1.199Mb) -
The Effect of Diagnostic Capability and Implementation CapabilityHarder, Mie (Frederiksberg, 2011)[More information][Less information]
Abstract: This paper adopts a behavioral theory of the firm perspective in order to compare the antecedents of two types of innovation: Management innovation refers to the adoption of new management practices or organizational structures, whereas product innovation refers to the introduction of new products or services on the market. The study further distinguishes between two categories of innovation within each type: new to the firm and new to the industry innovations. The findings indicate that there are more differences than similarities between the antecedents of the two types of innovation. However, adopting either type of innovation increases the likelihood of simultaneously adopting the other. URI: http://hdl.handle.net/10398/8248 Files in this item: 1
SMG_WP_5_2011.pdf (393.8Kb) -
The Impact of Value Creation on the Internationalisation Strategy of FirmsBlagoeva, Denitsa Hazarbassanova (Frederiksberg, 2016)[More information][Less information]
Abstract: The question the thesis aims at resolving is: How do the value creation logics of firms impact their internationalisation? The overall aim of this PhD project is to explore and test an approach to understanding the internationalisation of service firms, based not on opposing them to manufacturing ones, looking at descriptive service characteristics nor industry effects, but on the way they create value. Why and how are service firms different? and What are the drivers behind their internationalisation? are the questions motivating this PhD project. It explores if the value creation specificities may be universal axes around which all MNCs, both manufacturing and service ones, configure themselves internally and externally across geographic locations. We do not in fact know that services are different from manufacturing - some empirical evidence suggests they are (e.g. Laanti, McDougal and Baume, 2009), some - that they are not (e.g., Terpstra and Yu, 1988). What we do know is that services are very important. They generate roughly 80% of GDP in the United States and the European Union, and the proportion is well over 50% in most countries, industrial and developing alike (International Monetary Fund, the World Bank and OECD, 2014). The attention to internationalisation of services has significantly increased and yet, many questions remain open (e.g. Pla-Barber and Ghauri, 2012). URI: http://hdl.handle.net/10398/9369 Files in this item: 1
Denitsa_Hazarbassanova.pdf (3.737Mb) -
A Context-Specific StudyStucchi, Tamara (Frederiksberg, 2013)[More information][Less information]
Abstract: This Ph.D. dissertation investigates some International Business (IB) issues, which emerge from a specific context of research. The study takes inspiration from one of the most currently debated phenomena in IB literature, i.e. the internationalization of Emerging Market (EM) firms. The recent global emergence of these firms is substantial and particularly interesting under several points of view, especially because the IB literature has traditionally been dominated by western-centric theories, whose applicability to the case of EM firms might be questionable. The present Ph.D. thesis recommends an approach to the study of the internationalization of EM firms that can contribute to the advancement of IB literature in general. This is illustrated by the four research articles of the thesis, where a single-country EM context is used to draw general implications useful for researchers, practitioners and policy makers. More in details, the first paper “Emerging market firms’ acquisitions in advanced markets: Matching strategy with resource-, institution- and industry-based antecedents” studies the antecedents that can affect the motivations for the acquisitions that EM firms undertake in advanced markets. The second article, entitled “Time to internationalization and evolving institutions: An event history analysis of Indian firms”, analyzes domestic firms’ earlier versus later internationalization, during a period of radical institutional changes. The third paper, “The role of Overseas National Ownership in Outward FDI: A study of the Indian diaspora”, studies how the presence of overseas national shareholders can influence homeland firms' outward FDI. Finally, the last article is entitled "Business groups’ internationalization: The role of the domestic geographical scope" and analyzes one possible explanation for business groups’ internationalization, from an organizational learning perspective. The Ph.D. thesis is empirically based on a very comprehensive sample of Indian firms. The data are collected from different sources, i.e. the Prowess database, the Zephyr database, the Indian Census and the World Competitiveness Yearbook. The potential value of this singlecountry context perspective is highlighted throughout the Ph.D. thesis, and clearly emerges while I address the different issues of the four research articles. URI: http://hdl.handle.net/10398/8699 Files in this item: 1
Tamara_Stucchi.pdf (1.150Mb) -
Beugelsdijk, Sjoerd; Pedersen, Torben; Petersen, Bent (København, 2008)[More information][Less information]
Abstract: In this study we discuss and empirically test the assertion that over the last two decades multinational enterprises’ (MNEs’) configuration of value-adding activities has shifted from a sparse and simple (host-home) international division of labor among the foreign affiliates to a more specialized and ‘advanced’ global value chain configuration in which MNEs locate finesliced parts of the value chain at the most efficient locations. Using data on trade flows of U.S. affiliates in 56 host countries between 1983 and 2003 we find some indications of a trend in the direction of global value chain specialization. In particular among US affiliates in developing countries the proportion of host-host, intra-firm trade has increased significantly during the observed period of time. Conversely, the proportion of host-home and inter-firm trade has diminished. We interpret this as indicating both value chain disaggregation (vertical specialization) and MNEs’ systematic exploitation of factor cost differentials across countries. We also find that the absolute levels of all types of trade flows have increased. Hence, it is the relative, and not the absolute, changes in the trade flow patterns of US affiliates that gives credibility to the global value chain assertion. URI: http://hdl.handle.net/10398/7423 Files in this item: 1
smg wp 2008-24.pdf (286.7Kb) -
Foss, Nicolai J. (København, 2008)[More information][Less information]
Abstract: This paper is the Introductory chapter to my forthcoming book, Knowledge, Organization, and Property Rights: Selected Essays of Nicolai J Foss, to be published by Edward Elgar in 2008. It provides a brief bio-statement and then discusses and places in context the various papers in the collection. The papers in the book are listed in the Appendix. URI: http://hdl.handle.net/10398/7437 Files in this item: 1
smg wp 2008-23.pdf (192.5Kb) -
Meaning, Nature, Origins, and ImplicationsFoss, Nicholai J. (Frederiksberg, 2011)[More information][Less information]
Abstract: Assumptions about the knowledge held by economic agents have been an integral part of the theory of economic organization since its inception. However, recent work—here called “knowledge governance”—has more explicitly highlighted knowledge as both an independent and dependent variable. Thus, a spate of work in management research and new institutional economics has highlighted dimensions such as complementarity, complexity, tacitness, and so on of knowledge assets and shown how knowledge assets, thus dimensionalized, has explanatory value with respect to economic organization. However, knowledge may also be seen as being caused by governance mechanisms and structures; specifically, incentives, allocations of decision rights, organizational structure and so on influence the search for knowledge, and the creation, sharing and integration of knowledge. More philosophically, the concern with the role of knowledge in the context of economic organization prompts a reevaluation of a number of the fundamental assumptions that are often used to guide theory-building in the economics of organization (e.g., Bayesian and game theoretical foundations). URI: http://hdl.handle.net/10398/8379 Files in this item: 1
Nicolai J Foss_SMG WP 12_2011.pdf (490.6Kb) -
Foss, Nicolai J. (København, 2005)[More information][Less information]
Abstract: An attempt is made to characterize a "knowledge governance approach" as a distinctive, emerging field that cuts across the fields of knowledge management, organisation studies, strategy and human resource management. Knowledge governance is taken up with how the deployment of administrative apparatus influences knowledge processes, such as sharing, retaining and creating knowledge. It insists on clear behavioural foundations, adopts an economizing perspective and examines efficient alignment between knowledge transactions with diverse characteristics and governance structures and mechanisms with diverse capabilities of handling these transactions. Various open research issues that a knowledge governance approach may illuminate are sketched. Although knowledge governance draws clear inspiration from organizational economics and "rational" organization theory, it recognizes that knowledge represents various challenges to more "closed" social science disciplines, notably economics. URI: http://hdl.handle.net/10398/7446 Files in this item: 1
smg wp 2005-001.pdf (386.9Kb) -
The Center for Strategic Management and GlobalizationFoss, Nicolai J. (København, 2007)[More information][Less information]
Abstract: This paper tells the story of the emergence of distinct research around the theory of the firm at Copenhagen Business School within the last two decades, focussing on elements of continuity in the thinking of key CBS persons in the period. It discusses the current research agenda of the Center for Strategic Management and Globalization, a research agenda that may be described as multi-level research in international strategy, based on the economic theory of the firm and strategic management theory, and with a strong emphasis on micro-foundations and knowledge governance. The paper relates the narrative to organizational learning theory. URI: http://hdl.handle.net/10398/7435 Files in this item: 1
cbs forskningsindberetning smg 112.pdf (195.6Kb) -
Dos, Yves; Foss, Nicolai J.; Santos, José (København, 2008)[More information][Less information]
Abstract: The role of knowledge, organizational learning, and innovation as levers of competitive advantage is now a commonly acknowledged insight in research in international management. However, while the agglomeration of insights of described as the "knowledge-based view” is a promising theoretical lens, insights are not organized into a unifying framework and there are significant holes in the understanding of how knowledge may be turned into a source of competitive advantage for MNCs. In order to advance the knowledge-based theory of the MNC, we develop the notion of the MNC as a global knowledge system linking local knowledge structures and combining local knowledge elements that are complementary to confer strategic advantage, and relate this to the theory of complex systems deriving from the work of Herbert Simon. These ideas are used to frame the changing environments, strategic intents, and learning stances that characterize MNCs, and to derive a set of research challenges for MNC research. URI: http://hdl.handle.net/10398/7442 Files in this item: 1
smg wp 2008-20.pdf (275.1Kb) -
Balarezo, Jose Daniel (Frederiksberg, 2015)[More information][Less information]
Abstract: This project investigates the uses and effects of scenario planning in companies operating in highly uncertain and dynamic environments. Whereas previous research on scenario planning has fallen short of providing sufficient evidence of its mechanisms and effects on individual or organizational level variables, this research corrects this void by investigating the dynamics of organizational learning through the lenses of a corporate scenario planning process. This enhances our scientific understanding of the role that scenario planning might play in the context of organizational learning and strategic renewal. Empirical evidence of the various difficulties that learning flows has to overcome as it journeys through organizational and hierarchical levels are presented. Despite various cognitive and social psychological barriers identified along the way, the results show the novel and counterintuitive ways in which an organization uses scenario planning in balancing the tension between exploration and exploitation. Moreover, this research proposes two novel mechanisms designed to enhance learning flows. At the core of this dissertation are four papers which in combination solidify our theoretical understanding of scenario planning while simultaneously presenting a more nuanced account of the individual behaviors and social dynamics underpinning organizational learning. URI: http://hdl.handle.net/10398/9189 Files in this item: 1
Jose Balarezo.pdf (2.405Mb) -
Quantifying MNC Geographic ScopeGeisler Asmussen, Christian (København, 2006)[More information][Less information]
Abstract: This paper proposes a multidimensional index of regional and global orientation which can be used in confirmatory studies with econometric methodologies. Unlike extant measures, the index is objectively scaled and controls for home country orientation and market size differences. The index is shown to be consistent with models of internationalization that incorporate different assumptions about strategic choice and global competition. Preliminary results show that large multinationals follow home region oriented internationalization paths, although much of the regional effect reported by previous studies in fact reflects strong home country biases. Keywords: globalization; regional integration; global strategy; regional strategy; local strategy; triad; liability of foreignness URI: http://hdl.handle.net/10398/7433 Files in this item: 1
smg wp 2006-14 - registrering.pdf (327.5Kb) -
A Typology and Propositions for Management Innovation ResearchHarder, Mie (Frederiksberg, 2011)[More information][Less information]
Abstract: Management innovation is the implementation of a new management practice, process, technique or structure that significantly alters the way the work of management is performed. This paper presents a typology categorizing management innovation along two dimensions; radicalness and complexity. Then, the paper introduces the concept of management innovation capabilities which refers to the ability of a firm to purposefully create, extend and modify its managerial resource base to address rapidly changing environments. Drawing upon behavioral theory of the firm and the dynamic capabilities framework, the paper proposes a model of the foundations of management innovation. Propositions and implications for future research are discussed. URI: http://hdl.handle.net/10398/8245 Files in this item: 1
SMG_WP_2_2011.pdf (471.6Kb)