Uwe Cantner, Martin Kalthaus, Matthias Menter, Pierre Mohnen
Abstract The access and utilization of global knowledge flows are becoming increasingly relevant for individuals, organizations, and countries in order to foster knowledge creation, innovativeness, productivity, and economic growth. The importance of global knowledge flows is undisputed and substantial research has been conducted to understand the different transmission channels. However, the underlying characteristics, determinants, and impacts of global knowledge flows are only partly comprehended and remain to be explored in more detail. The purpose of this special section is to bring together different perspectives on global knowledge flows in order to provide novel insights and expand our understanding of how to utilize them. After a brief review of the relevant literature, we discuss the six papers in this special section and conclude with overall theory and policy implications and highlight key avenues for further research.
{"title":"Global knowledge flows: characteristics, determinants, and impacts","authors":"Uwe Cantner, Martin Kalthaus, Matthias Menter, Pierre Mohnen","doi":"10.1093/icc/dtad041","DOIUrl":"https://doi.org/10.1093/icc/dtad041","url":null,"abstract":"Abstract The access and utilization of global knowledge flows are becoming increasingly relevant for individuals, organizations, and countries in order to foster knowledge creation, innovativeness, productivity, and economic growth. The importance of global knowledge flows is undisputed and substantial research has been conducted to understand the different transmission channels. However, the underlying characteristics, determinants, and impacts of global knowledge flows are only partly comprehended and remain to be explored in more detail. The purpose of this special section is to bring together different perspectives on global knowledge flows in order to provide novel insights and expand our understanding of how to utilize them. After a brief review of the relevant literature, we discuss the six papers in this special section and conclude with overall theory and policy implications and highlight key avenues for further research.","PeriodicalId":48243,"journal":{"name":"Industrial and Corporate Change","volume":"3 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-08-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135520469","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
In this paper, we analyze the extent to which low-income countries integrate into the global knowledge production network. We develop an (undirected) research collaboration model based on which we identify the drivers of global research collaboration using publication data of the field Business and Economics from the Web of Science and macroeconomic data from the United Nations Educational, Scientific and Cultural Organization Institute for Statistics. Network and dynamic panel regression techniques are employed. Our results show that (i) reciprocal preferential attachment and the homophily between countries reinforce scientific collaboration, (ii) there is no evidence that low-income countries are becoming better integrated into the global knowledge production over the years, despite their active participation in international reserach collaboration, while (iii) high-income countries show a basic willingness to cooperate with them, which, in turn, promotes the integration of low-income countries, although this willingness seems to decline; and (iv) as to low-income countries, they have little choice but to invest more in education and R&D in order to advance in the global knowledge production network.
{"title":"The architecture of global knowledge production – do low-income countries get more involved?","authors":"U. Cantner, T. Grebel, Xijie Zhang","doi":"10.1093/icc/dtad042","DOIUrl":"https://doi.org/10.1093/icc/dtad042","url":null,"abstract":"\u0000 In this paper, we analyze the extent to which low-income countries integrate into the global knowledge production network. We develop an (undirected) research collaboration model based on which we identify the drivers of global research collaboration using publication data of the field Business and Economics from the Web of Science and macroeconomic data from the United Nations Educational, Scientific and Cultural Organization Institute for Statistics. Network and dynamic panel regression techniques are employed. Our results show that (i) reciprocal preferential attachment and the homophily between countries reinforce scientific collaboration, (ii) there is no evidence that low-income countries are becoming better integrated into the global knowledge production over the years, despite their active participation in international reserach collaboration, while (iii) high-income countries show a basic willingness to cooperate with them, which, in turn, promotes the integration of low-income countries, although this willingness seems to decline; and (iv) as to low-income countries, they have little choice but to invest more in education and R&D in order to advance in the global knowledge production network.","PeriodicalId":48243,"journal":{"name":"Industrial and Corporate Change","volume":" ","pages":""},"PeriodicalIF":2.5,"publicationDate":"2023-08-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43772353","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Correction to: The organization of R&D work and knowledge search in intrafirm networks","authors":"","doi":"10.1093/icc/dtad040","DOIUrl":"https://doi.org/10.1093/icc/dtad040","url":null,"abstract":"","PeriodicalId":48243,"journal":{"name":"Industrial and Corporate Change","volume":" ","pages":""},"PeriodicalIF":2.5,"publicationDate":"2023-07-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44857162","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
We discuss that entry can be considered from various levels of analysis: entrepreneur-level, firm-level, and also at higher levels of aggregation, such as the industry-level and country-level. We also formulate a list of six challenges for econometric studies of firm entry, highlighting the data sources, typical empirical setups, potential sources of bias, and appropriate econometric techniques. While progress can be made with sophisticated econometric estimators, a pressing need for entry studies concerns detailed data on the gestation process, entry modes, and the value of resource endowments and knowledge endowments.
{"title":"Empirical issues concerning studies of firm entry","authors":"Alex Coad, Masatoshi Kato, Stjepan Srhoj","doi":"10.1093/icc/dtad031","DOIUrl":"https://doi.org/10.1093/icc/dtad031","url":null,"abstract":"\u0000 We discuss that entry can be considered from various levels of analysis: entrepreneur-level, firm-level, and also at higher levels of aggregation, such as the industry-level and country-level. We also formulate a list of six challenges for econometric studies of firm entry, highlighting the data sources, typical empirical setups, potential sources of bias, and appropriate econometric techniques. While progress can be made with sophisticated econometric estimators, a pressing need for entry studies concerns detailed data on the gestation process, entry modes, and the value of resource endowments and knowledge endowments.","PeriodicalId":48243,"journal":{"name":"Industrial and Corporate Change","volume":" ","pages":""},"PeriodicalIF":2.5,"publicationDate":"2023-07-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45288369","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Diego Zunino, Bruno Cirillo, F. Wezel, Stefano Breschi
New entrants and incumbent firms rely on new knowledge to innovate and compete in the market. One way to acquire new knowledge is through the recruitment of new employees from competitors, a phenomenon popularly known as “poaching.” Digital labor platforms are widely used by firms for this aim. We argue that job titles represent the first and most visible public source of information about knowledge workers and thus play a key role in navigating the vast spectrum of competencies available in digital platforms. Our analyses of the career trajectories of 11,644 knowledge workers in the United States between 2004 and 2014 suggest that increases in the ambiguity of a job title claimed by an employee are negatively associated with the likelihood of the employee being hired by a new employer. This finding appears stronger in the case of transitions to incumbent firms rather than new entrants. In the concluding section of the paper, we take stock of the various analyses presented and reflect on the potential role of job titles in the strategic management of human capital.
{"title":"New entrants, incumbents, and the search for knowledge: the role of job title ambiguity in the US information and communication technology industry, 2004–2014","authors":"Diego Zunino, Bruno Cirillo, F. Wezel, Stefano Breschi","doi":"10.1093/icc/dtad034","DOIUrl":"https://doi.org/10.1093/icc/dtad034","url":null,"abstract":"\u0000 New entrants and incumbent firms rely on new knowledge to innovate and compete in the market. One way to acquire new knowledge is through the recruitment of new employees from competitors, a phenomenon popularly known as “poaching.” Digital labor platforms are widely used by firms for this aim. We argue that job titles represent the first and most visible public source of information about knowledge workers and thus play a key role in navigating the vast spectrum of competencies available in digital platforms. Our analyses of the career trajectories of 11,644 knowledge workers in the United States between 2004 and 2014 suggest that increases in the ambiguity of a job title claimed by an employee are negatively associated with the likelihood of the employee being hired by a new employer. This finding appears stronger in the case of transitions to incumbent firms rather than new entrants. In the concluding section of the paper, we take stock of the various analyses presented and reflect on the potential role of job titles in the strategic management of human capital.","PeriodicalId":48243,"journal":{"name":"Industrial and Corporate Change","volume":" ","pages":""},"PeriodicalIF":2.5,"publicationDate":"2023-07-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44383574","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Abstract This paper evaluates the productivity impacts and the subsequent adjustment costs associated with hiring different knowledge workers. I focus on the difference between hiring former entrepreneurs, employees who change jobs, and unemployed individuals. I am the first to evaluate the direct impact that hiring former entrepreneurs has on firm productivity and the heterogenous adjustment costs associated with the different types of new hires. I find no difference between the first-year adjustment costs of entrepreneurs and those of regular-wage employees. Hiring former entrepreneurs is a way to increase productivity after the first year of employment only if the former entrepreneurs are from the highest end of the ability distribution.
{"title":"New hires, adjustment costs, and knowledge transfer—evidence from the mobility of entrepreneurs and skills on firm productivity","authors":"Emma Lappi","doi":"10.1093/icc/dtad032","DOIUrl":"https://doi.org/10.1093/icc/dtad032","url":null,"abstract":"Abstract This paper evaluates the productivity impacts and the subsequent adjustment costs associated with hiring different knowledge workers. I focus on the difference between hiring former entrepreneurs, employees who change jobs, and unemployed individuals. I am the first to evaluate the direct impact that hiring former entrepreneurs has on firm productivity and the heterogenous adjustment costs associated with the different types of new hires. I find no difference between the first-year adjustment costs of entrepreneurs and those of regular-wage employees. Hiring former entrepreneurs is a way to increase productivity after the first year of employment only if the former entrepreneurs are from the highest end of the ability distribution.","PeriodicalId":48243,"journal":{"name":"Industrial and Corporate Change","volume":"54 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135804824","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Alexander M Danzer, Natalia Danzer, Carsten Feuerbaum
Abstract We provide quantitative evidence on the relationship between military spending and innovation in the 19th century. Combining innovation data from world fairs and historical military data across Europe, we show that national military spending is associated with national innovation toward war logistics such as food processing, but less toward war technology such as guns. This innovation pattern reflects differences in the historical markets for war supplies: while the armed forces sourced weapons globally, the food market remained local.
{"title":"Military spending and innovation: learning from 19th-century world fair exhibition data","authors":"Alexander M Danzer, Natalia Danzer, Carsten Feuerbaum","doi":"10.1093/icc/dtad023","DOIUrl":"https://doi.org/10.1093/icc/dtad023","url":null,"abstract":"Abstract We provide quantitative evidence on the relationship between military spending and innovation in the 19th century. Combining innovation data from world fairs and historical military data across Europe, we show that national military spending is associated with national innovation toward war logistics such as food processing, but less toward war technology such as guns. This innovation pattern reflects differences in the historical markets for war supplies: while the armed forces sourced weapons globally, the food market remained local.","PeriodicalId":48243,"journal":{"name":"Industrial and Corporate Change","volume":"22 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-06-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135260300","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
What archetypes emerge from prominent episodes of product launches? This essay examines a set of episodes in information technology history that led to significant changes in industry leadership. It highlights that, in all of these instances, there is an example of a “visionary” archetype—an individual or a set of leaders who promulgate a unique view for addressing a business opportunity, which they use as they launch a new product. These archetypes are couched as insiders or outsiders depending on the firm’s status before the new product launch, and incumbent market leaders are insiders. The narrative arc is similar, as the visionary first encounters resistance and crises, must overcome challenges, and usually has to overcome skeptics via a product launch that gains market acceptance. However, the narratives of insiders and outsiders differ systematically based on their market position, leading to asymmetric approaches to market competition. This review stresses the importance of visionaries in industrial change brought about by product entry. It raises questions about integrating such narratives into the analysis of significant changes in market structure.
{"title":"Archetypes of product launch by insiders, outsiders, and visionaries","authors":"S. Greenstein","doi":"10.1093/icc/dtad027","DOIUrl":"https://doi.org/10.1093/icc/dtad027","url":null,"abstract":"\u0000 What archetypes emerge from prominent episodes of product launches? This essay examines a set of episodes in information technology history that led to significant changes in industry leadership. It highlights that, in all of these instances, there is an example of a “visionary” archetype—an individual or a set of leaders who promulgate a unique view for addressing a business opportunity, which they use as they launch a new product. These archetypes are couched as insiders or outsiders depending on the firm’s status before the new product launch, and incumbent market leaders are insiders. The narrative arc is similar, as the visionary first encounters resistance and crises, must overcome challenges, and usually has to overcome skeptics via a product launch that gains market acceptance. However, the narratives of insiders and outsiders differ systematically based on their market position, leading to asymmetric approaches to market competition. This review stresses the importance of visionaries in industrial change brought about by product entry. It raises questions about integrating such narratives into the analysis of significant changes in market structure.","PeriodicalId":48243,"journal":{"name":"Industrial and Corporate Change","volume":" ","pages":""},"PeriodicalIF":2.5,"publicationDate":"2023-06-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46280468","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Murod Aliyev, T. Devinney, Andrew Ferguson, P. Lam
This paper investigates the relationship between political constraint and investor perception of policy risk using an analysis of the reaction of Australian and Canadian uranium company stocks to the Fukushima nuclear disaster in 2011. Our dataset traces 933 projects of 322 uranium firms located across 36 countries and posits a U-shaped relationship between political constraint and investor perceptions of policy risk. Using an event study methodology as applied to the natural quasi-experiment arising from the event, we link heterogeneous changes in stock returns to the policy risk in the uranium project locations of the firms. The results corroborate the expected relationship and hold even after we control for home-country bias.
{"title":"Political discretion and risk: the Fukushima nuclear disaster, the distribution of global operations, and uranium company valuation","authors":"Murod Aliyev, T. Devinney, Andrew Ferguson, P. Lam","doi":"10.1093/icc/dtad038","DOIUrl":"https://doi.org/10.1093/icc/dtad038","url":null,"abstract":"\u0000 This paper investigates the relationship between political constraint and investor perception of policy risk using an analysis of the reaction of Australian and Canadian uranium company stocks to the Fukushima nuclear disaster in 2011. Our dataset traces 933 projects of 322 uranium firms located across 36 countries and posits a U-shaped relationship between political constraint and investor perceptions of policy risk. Using an event study methodology as applied to the natural quasi-experiment arising from the event, we link heterogeneous changes in stock returns to the policy risk in the uranium project locations of the firms. The results corroborate the expected relationship and hold even after we control for home-country bias.","PeriodicalId":48243,"journal":{"name":"Industrial and Corporate Change","volume":" ","pages":""},"PeriodicalIF":2.5,"publicationDate":"2023-06-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43578143","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
M. Guerzoni, Massimiliano Nuccio, Federico Tamagni
Knowledge is largely recognized as a key driver of survival and growth of new entrants. Previous literature on the role of pre-entry knowledge in post-entry performance has focused on entrepreneurial and managerial capabilities and education and on knowledge incorporated in material and immaterial resources. In this paper, taking to the firm level the intuition behind the notion of economic and technological complexity of countries, we hypothesize that post-entry performance of new firms may be explained by their knowledge base complexity, which captures the reinforcing mechanism between variety and creation of new valuable knowledge. We provide a measure of firm-level complexity derived from the analysis of textual content of patents and exploit it to examine the empirical relation between pre-entry complexity of knowledge and post-entry growth in a sample of Italian firms entering the market in 2009-2011. Baseline results show a significant and positive association between knowledge complexity and post-entry growth, even after controlling for firm characteristics and year, sector, and region fixed effects. Robustness analysis reveals that this positive effect is more significant over the medium run than in the initial years after entry, while relatively weaker for the so-called Innovative Small and Medium-Sized Enterprises.
{"title":"Pre-entry knowledge base complexity and post-entry growth: evidence from Italian firms","authors":"M. Guerzoni, Massimiliano Nuccio, Federico Tamagni","doi":"10.1093/icc/dtad037","DOIUrl":"https://doi.org/10.1093/icc/dtad037","url":null,"abstract":"\u0000 Knowledge is largely recognized as a key driver of survival and growth of new entrants. Previous literature on the role of pre-entry knowledge in post-entry performance has focused on entrepreneurial and managerial capabilities and education and on knowledge incorporated in material and immaterial resources. In this paper, taking to the firm level the intuition behind the notion of economic and technological complexity of countries, we hypothesize that post-entry performance of new firms may be explained by their knowledge base complexity, which captures the reinforcing mechanism between variety and creation of new valuable knowledge. We provide a measure of firm-level complexity derived from the analysis of textual content of patents and exploit it to examine the empirical relation between pre-entry complexity of knowledge and post-entry growth in a sample of Italian firms entering the market in 2009-2011. Baseline results show a significant and positive association between knowledge complexity and post-entry growth, even after controlling for firm characteristics and year, sector, and region fixed effects. Robustness analysis reveals that this positive effect is more significant over the medium run than in the initial years after entry, while relatively weaker for the so-called Innovative Small and Medium-Sized Enterprises.","PeriodicalId":48243,"journal":{"name":"Industrial and Corporate Change","volume":" ","pages":""},"PeriodicalIF":2.5,"publicationDate":"2023-06-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46019013","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
京公网安备 11010802042870号
京ICP备2023020795号-1
扫码关注我们
求助内容：
应助结果提醒方式：