scholarly journals “To be or not to be” located in a cluster?—A descriptive meta-analysis of the firm-specific cluster effect

2021 ◽  
Author(s):  
Nils Grashof ◽  
Dirk Fornahl
Keyword(s):  
Firm Performance ◽  
Meta Analysis ◽  
First Century ◽  
Empirical Literature ◽  
High Tech ◽  
Cluster Effect ◽  
Performance Variables ◽  
Developed Economies ◽  
Scientific Results ◽  
Specific Cluster

AbstractIn the twenty-first century, clusters can be observed in most developed economies. However, the scientific results regarding the effect of clusters on firm performance are highly contradictive. The inconsistencies in the empirical results make it difficult to infer general conclusions about the firm-specific cluster effect, or in other words, the effect from being located in a cluster on firm performance (e.g. derived through the externalities within clusters). Therefore, this paper aims to reconcile the contradictory empirical findings. It investigates whether the prevalent assumption that clusters are a beneficial location for firms is unconditionally true or whether doubts about the alleged positive effect of clusters on firm performance are justified. By conducting a descriptive meta-analysis of the empirical literature, based on four different performance variables from four separate publication databases, the study investigates the direction of the effect as well as possible moderating influences. We find evidence for a rather positive firm-specific cluster effect. However, we identify several variables from the micro-, meso- and macro-level that directly or interactively moderate the relationship between clusters and firm success. For example, the results demonstrate that a negative firm-specific cluster effect occurs more frequently in low-tech industries than in high-tech industries. “To be or not to be” located in a cluster is therefore not the question, but it rather depends on the specific conditions.

scholarly journals A Meta-Analysis on the Impact of Social Capital on Firm Performance in China’s Transition Economy

2020 ◽  
Vol 12 (7) ◽  
pp. 2642 ◽  
Author(s):  
Tu LYU ◽  
Xiangfeng JI
Keyword(s):  
Social Capital ◽  
Firm Performance ◽  
Transition Economy ◽  
Meta Analysis ◽  
High Tech ◽  
The Social ◽  
Specific Performance ◽  
Market Areas ◽  
The Impact ◽  
The Relationship

There is almost no research consensus on the influence of social capital on firm performance in China, which motivates our study in this paper. Our research aim here is to identify the effect of contextual and methodological moderators on the relationship between social capital and firm performance in China’s transition economy. Meta-analysis is employed to explore the impact of social capital on firm performance and to identify moderators affecting the relationship based on 106 independent studies between 2008 and 2018. The results demonstrate that the social capital–performance link is positive and significant in China. Particularly, social capital has a stronger positive relationship with performance in high-tech industries or in low-level marketization. Meanwhile, the social capital–performance link depends on the specific performance measures and dimensions. The paper clearly indicates the value of cultivating social capital and reveals that distinct types of social capital are needed at different points in different industries and market areas.

The effectiveness of effectuation: a meta-analysis on contextual factors

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Jiawen Chen ◽  
Linlin Liu ◽  
Qingxin Chen
Keyword(s):  
Firm Performance ◽  
Positive Impact ◽  
Traditional Approach ◽  
Contextual Factors ◽  
Meta Analysis ◽  
High Tech ◽  
Performance Impact ◽  
Content Type ◽  
Contextual Framework ◽  
Context Dependent

PurposeEmpirical data on the impacts of entrepreneurial effectuation on firm performance are scattered and controversial. This study conducts a meta-analysis to obtain evidence on whether and under what conditions effectuation is valuable. A contextual framework is proposed that highlights the boundary condition of the performance impact of effectuation.Design/methodology/approachBoth the traditional approach of meta-analysis and advanced techniques of Bayesian meta-analytic tests are used to combine numerous studies from varied research contexts.FindingsMeta-analytic results show that effectuation generally has a positive impact on firm performance, and is context-dependent, leading to stronger performance for older firms and firms in high-tech industries and emerging countries.Originality/valueThe findings provide important implications for entrepreneurs who are considering applying effectuation. This study highlights that effectuation is context-dependent and the performance implications of effectuation are contingent on contextual factors at organizational, industrial and institutional levels. This study extends the contextual understanding of the effectuation–performance relationship.

scholarly journals The Link Between SRI and Financial Performance: Effects and Moderators

2013 ◽  
Vol 17 (2) ◽  
pp. 105-122 ◽  
Author(s):  
Christophe Revelli ◽  
Jean-Laurent Viviani
Keyword(s):  
Financial Performance ◽  
Meta Analysis ◽  
Socially Responsible Investment ◽  
Empirical Literature ◽  
Empirical Methods ◽  
Socially Responsible ◽  
Responsible Investment ◽  
Counting Approach ◽  
Performance Effects ◽  
Vote Counting

Over the last twenty years, the debate on financial performance of socially responsible investment (SRI) has not yielded a clear consensus, arguing mainly that there was no difference in performance between SRI and ‘conventional’ investment, although SRI could underperform or outperform in some cases. Our research, based on a meta-analysis ‘vote-counting’ approach of the empirical literature, allows us to observe that the effects of SRI on financial performance are multiple. Second, we conclude that the financial performance of SRI is radically changing according to the empirical methods employed by researchers.

Focal Concerns and Police Decision Making in Sexual Assault Cases: A Systematic Review and Meta-Analysis

2021 ◽  
pp. 152483802199128
Author(s):  
David S. Lapsey ◽  
Bradley A. Campbell ◽  
Bryant T. Plumlee
Keyword(s):  
Systematic Review ◽  
Decision Making ◽  
Sexual Assault ◽  
Meta Analysis ◽  
The United States ◽  
Empirical Literature ◽  
Campbell Collaboration ◽  
Focal Concerns ◽  
Police Decision Making ◽  
The Impact

Sexual assault and case attrition at the arrest stage are serious problems in the United States. Focal concerns have increasingly been used to explain police decision making in sexual assault cases. Because of the popularity of the focal concerns perspective and potential to inform evidence-based training, a systematic review and meta-analysis are needed to condense the literature. In this study, we assess the overall strength of the relationship between focal concerns variables and police decisions to arrest in cases of sexual assault. Our assessment of the effects of focal concerns variables on arrest decision making in sexual assault cases followed the systematic review protocols provided by the Campbell Collaboration of Systematic Reviews. Specifically, we used the Campbell Collaboration recommendations to search empirical literature and used meta-analysis to evaluate the size, direction, and strength of the impact of focal concerns variables on arrest decisions. Our search strategy detected 14 eligible studies and 79 effect sizes. The meta-analysis found several robust and statistically significant correlates of arrest. In fact, each focal concerns concept produced at least one robust arrest correlate. Overall, focal concerns offers a strong approach for explaining police decisions in sexual assault cases. Although practical concerns and resource constraints produced the strongest arrest correlates, results show the importance of additional case characteristics in officers’ decision to arrest.

The Relationship of Attention Deficit Hyperactivity Disorder to Crime and Delinquency: A Meta-Analysis

2002 ◽  
Vol 4 (4) ◽  
pp. 344-360 ◽  
Author(s):  
Travis C. Pratt ◽  
Francis T. Cullen ◽  
Kristie R. Blevins ◽  
Leah Daigle ◽  
James D. Unnever
Keyword(s):  
Attention Deficit ◽  
Meta Analysis ◽  
Empirical Studies ◽  
Strong Association ◽  
Criminological Theory ◽  
Empirical Literature ◽  
Delinquent Behaviour ◽  
Hyperactivity Disorder ◽  
Correctional Policy ◽  
Crime And Delinquency

In recent years, criminologists have begun to focus more closely on how certain biosocial and/or neuropsychological factors may influence criminal and delinquent behaviour. One factor that is emerging as a potentially important correlate of such behaviour is Attention Deficit — often combined with hyperactivity — Disorder (ADD and/or ADHD). The results of the growing body of empirical literature assessing this link are, however, inconsistent. The present study subjects this body of research to a ‘meta-analysis' — or, ‘quantitative synthesis' — to establish both the overall effect of ADHD on crime and delinquency and the degree to which this relationship is conditioned by methodological factors across empirical studies. The analyses reveal a fairly strong association between measures of ADHD and criminal/delinquent behaviour. Nevertheless, these effects are not invariant across certain salient methodological characteristics. The implications for criminological theory and correctional policy are discussed.

scholarly journals Competitiveness as the Ability to Adjust: the EU–10 Exports Structure and Its Convergence to the German Pattern

2018 ◽  
Vol 21 (1) ◽  
pp. 119-133
Author(s):  
Elżbieta Czarny ◽  
Małgorzata Żmuda
Keyword(s):  
World Trade ◽  
Structural Adjustment ◽  
Developed Countries ◽  
Living Standard ◽  
High Tech ◽  
Standard International Trade Classification ◽  
Eu Accession ◽  
Developed Economies ◽  
Catching Up ◽  
The Eu

Competitiveness of a nation is associated with a set of characteristics that enable structural adjustment to global technological trends, and as a consequence, a rise in the living standard of its citizens. For catching-up economies, GDP convergence towards the most developed economies, constituting their developmental goal, relies upon its ability to shift production and exports structure towards specialization based on knowledge and innovation. Thus, in this paper, competitiveness is evaluated through structural adjustments of exports, and for catching-up economies (the EU–10 states) it may be understood as the ability to close the structural gap to the most developed countries (here: the strongest EU member economy: Germany). We analyse the evolution of the EU–10 nations’ exports specialization in the years 2000 and 2014, checking whether the convergence towards the German exports pattern can be observed, and which of the analysed economies shows the best ability to shift its exports structure towards high-tech specialization. We look additionally at exports structures in 2004 (the year of EU-accession of eight out of 10 countries in the sample) and in 2009 (world trade collapse during the economic crisis). The analysis is based on the Revealed Comparative Advantage (RCA) concept by Balassa (1965). We use the UN Trade Statistics data in the Standard International Trade Classification (SITC), Rev. 4. Commodity groups are classified following the methodology developed by Wysokińska (1997, p. 18).

scholarly journals A meta-analysis of the variability in firm performance attributable to human resource variables

2015 ◽  
Vol 4 (1) ◽  
pp. 8-18
Author(s):  
Lloyd Kapondoro ◽  
Chux Gervase Iwu ◽  
Michael Twum-Darko
Keyword(s):  
Firm Performance ◽  
Human Resource ◽  
Meta Analysis ◽  
Business Case ◽  
Critical Aspect ◽  
Managerial Implication ◽  
Hrm Practices ◽  
Kolmogorov Smirnov ◽  
Effect Size Calculation ◽  
Smirnov Test

The contribution of Human Resource Management (HRM) practices to organisation-wide performance is a critical aspect of the Human Resource (HR) value proposition. The purpose of the study was to describe the strength of HRM practices and systems in influencing overall organisational performance. While research has concluded that there is a significant positive relationship between HRM practices or systems and an organisation’s market performance, the strength of this relationship has relatively not received much analysis in order to explain the degree to which HRM practices explain variance in firm performance. The study undertook a meta-analysis of published researches in international journals. The study established that HRM variables accounted for an average of 31% of the variability in firm performance. Cohen’s f2 calculated for this study as a meta effect size calculation yielded an average of 0.681, implying that HRM variables account for 68% of variability in firm performance. A one sample Kolmogorov-Smirnov test showed that the distribution of R2 is not normal. A major managerial implication of this study is that effective HRM practices have a significant business case. The study provides, quantitatively, the average variability in firm success that HRM accounts for.

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