scholarly journals Diagnosing cluster competitiveness using firm-level data in the profit—growth nexus framework

2016 ◽  
Vol 66 (3) ◽  
pp. 439-463 ◽  
Author(s):  
Áron Perényi

Competitiveness is defined at the level of firms, clusters, regions, and nations. Although researchers have extensively explored the concept of competitiveness in each of these respective categories, an understanding of the relationship between levels of competitiveness is lacking. The simple aggregation of indicators to approximate broader categories of competitiveness is challenged as a robust solution. This paper proposes an alternative solution to aggregating firm-level competitiveness, based on the profit—growth nexus. Using data collected from SMEs in two ICT clusters, the size— profit—growth relationships were tested. Based on 83 Hungarian and 71 Australian responses, positive relationships were found in both samples, demonstrating high cluster-level competitiveness. It is argued that this outcome better represents cluster-level competitiveness based on firm-level data, than other — linear and additive — aggregation methods. However, a comparative examination of the data across the clusters showed significant differences between the results of the two samples, ascertaining limitations for the generalisability of the results.

2022 ◽  
Author(s):  
Juan S. Blyde ◽  
Mayra A. Ramírez

Empirical analyses that rely on micro-level panel data have found that exporters are generally less pollutant than non-exporters. While alternative explanations have been proposed, firm level data has not been used to examine the role of destination markets behind the relationship between exports and pollution. In this paper we argue that because consumers in high-income countries have higher valuations for clean environments than consumers in developing countries, exporters targeting high-income countries are more likely to improve their environmental outcomes than exporters targeting destinations where valuations for the environment are not high. Using a panel of firm-level data from Chile we find support to this hypothesis. A 10 percentage point increase in the share of exports to high-income countries is associated with a reduction in CO2 pollution intensity of about 16%. The results have important implications for firms in developing countries aiming to target high-income markets.


Author(s):  
Anders Frederiksen

In this article I study how companies can use their personnel data and information from job satisfaction surveys to predict employee quits. An important issue discussed at length in the article is how employers can ensure the anonymity of employees in surveys used for management and human resources (HR) analytics. I argue that a simple mechanism whereby the company delegates the implementation of job satisfaction surveys to an external consulting company can be optimal. In the subsequent empirical analysis, I use a unique combination of firm-level data (personnel records) and information from job satisfaction surveys to assess the benefits for companies using data in their decision-making. Moreover, I aim to show how companies can move from a descriptive to a predictive approach.


2020 ◽  
Author(s):  
Mario Daniele Amore ◽  
Orsola Garofalo ◽  
Victor Martin-Sanchez

Extant research shows that entrepreneurs are typically overly optimistic about their ventures’ prospects and that such optimism hampers performance. We analyze how dispositional optimism affects the adjustments to entrepreneurs’ expectations after they receive negative feedback on their task performance. We then explore the relationship between optimism and the effectiveness of innovation. Exploiting unique firm-level data and a laboratory experiment involving 205 entrepreneurs, we find that dispositional optimism is negatively associated with both the likelihood and extent of belief updating in response to negative feedback. Furthermore, dispositional optimism triggers a discrepancy—between innovation inputs and outputs—that reduces a firm’s innovation effectiveness.


2019 ◽  
Vol 71 (4) ◽  
pp. 1026-1049
Author(s):  
Florian Misch ◽  
Atılım Seymen

AbstractThe paper investigates the effects of temporary consumption tax cuts for selected durables in Turkey in 2009 using firm-level data. Our empirical strategy exploits variation in firm exposure to the tax cuts and at the same time controls for unobserved industry- and region-specific shocks to address potential endogeneity. Using data on the change of sales of firms that benefited from this measure and of those that did not over different periods, we find positive and robust effects of consumption tax cuts on the change of firm sales. In line with theoretical predictions, we also find a reversal of these effects following the expiration of the tax cuts.


2021 ◽  
Vol 18 (3) ◽  
pp. 175-190
Author(s):  
Timothy Gordon Bryan ◽  
Mark A. McKnight ◽  
Robert Houmes

This paper empirically examines the relationship between conservatism and earnings management in chemical and allied products manufacturers via an analysis of the allowance for doubtful accounts and bad debt expense. Data used in the study included total accounts receivable, the total allowance for uncollectible accounts, total assets, and other firm-level data from the COMPUSTAT database of North American firms for companies with the standardized industry code (SIC) of 28 which represents chemical and allied products manufacturers. Chemical and allied products manufacturers were deemed an ideal target for the study because the industry typically has large balances in accounts receivable and allowance for doubtful accounts. Bad debt expense and write-offs were also used; these were obtained from the firms’ forms 10K Schedule II filed with the Securities and Exchange Commission (SEC) during the study period from 2005-2017. Analysts reports were also used, as obtained from Bloomberg for each firm. Results from subsequent regression analyses indicate that firms utilized excessive conservatism within the allowance for doubtful accounts to manage earnings to achieve earnings goals throughout the study period.


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