scholarly journals To hoard or to share? Strategic management of knowledge and ICTs in complex economic systems

2021 ◽  
Vol 17 (2) ◽  
pp. 148
Author(s):  
Agustí Canals
Keyword(s):  
Economic Systems ◽  
Transfer Of Knowledge ◽  
Strategic Decisions ◽  
Strategic Choices ◽  
Knowledge Assets ◽  
Geographic Space ◽  
General Terms ◽  
Strategic Paths ◽  
Knowledge Intensive ◽  
Different Levels

Purpose: The purpose of this paper is to achieve a better understanding of the effects of strategic decisions related to the management of knowledge taken by organizations in complex economic systems. These effects are seen in the long term performance of organizations in the system choosing different strategic paths. As knowledge-related processes make intensive use of ICTs, the influence of the degree of development of these technologies is taken into account.Design/methodology/approach: An agent-based simulation model, ImbySim, based in the I-Space conceptual framework, is used to represent the evolution of a group of knowledge-intensive organizations located in a given geographic space. Those organizations engage, among others, in processes of creation and transfer of knowledge assets. Organizations show different levels of performance, which may be related to their knowledge-related strategic choices. The main knowledge-related strategies available for the agents are, on one side, sharing or hoarding knowledge and, on the other side, structuring or de-structuring knowledge.Findings: The results of the simulation suggest that it is not adequate to adopt an 'always sharing' or 'always hoarding' strategy. The hoarding or sharing of knolwedge assets need to be applied in a discriminating way depending on the specific asset or the situation of the organization.  Also, different levels of development of ICTs favour different strategic choices concerning the adequate structuring of knowledge assets and the degree of knowledge sharing. In general terms, ICT development calls for more sharing and more structuring of knowledge.Originality/value: From the simulations, a number of empirically testable hypotheses have been extracted. Should these hypotheses get empirically corroborated, they would challenge a certain body of theorising—associated with organizational ecology and organizational demography—thus demonstrating the fruitfulness of the simulation approach to complex knowledge-based problems in the field of strategy.Practical implications: The hypotheses developed from this research may be very useful, once empirically tested, for strategic planning. Policy makers in charge of complex economic systems and firms and institutions present in them may benefit from the insights obtained and define their strategic moves according to them.

Accessing offshoring advantages: what and how to offshore

2015 ◽  
Vol 8 (2/3) ◽  
pp. 262-283 ◽  
Author(s):  
Alona Mykhaylenko ◽  
Ágnes Motika ◽  
Brian Vejrum Waehrens ◽  
Dmitrij Slepniov
Keyword(s):  
Performance Outcomes ◽  
Offshore Outsourcing ◽  
Strategic Decisions ◽  
Content Type ◽  
Different Types ◽  
Captive Offshoring ◽  
Performance Results ◽  
Governance Modes ◽  
Different Levels ◽  
Do So

Purpose – The purpose of this paper is to advance the understanding of factors that affect offshoring performance results. To do so, this paper focuses on the access to location-specific advantages, rather than solely on the properties of the offshoring company, its strategy or environment. Assuming that different levels of synergy may exist between particular offshoring strategic decisions (choosing offshore outsourcing or captive offshoring and the type of function) and different offshoring advantages, this work advocates that the actual fact of realization of certain offshoring advantages (getting or not getting access to them) is a more reliable predictor of offshoring success. Design/methodology/approach – A set of hypotheses derived from the extant literature is tested on the data from a quantitative survey of 1,143 Scandinavian firms. Findings – The paper demonstrates that different governance modes and types of offshored function indeed provide different levels of access to different types of location-specific offshoring advantages. This difference may help to explain the ambiguity of offshoring initiatives performance results. Research limitations/implications – Limitations of the work include using only the offshoring strategy elements and only their limited variety as factors potentially influencing access to offshoring advantages. Also, the findings are limited to Scandinavian companies. Originality/value – The paper introduces a new concept of access, which can help to more reliably predict performance outcomes of offshoring initiatives. Recommendations are also provided to practitioners dealing with offshoring initiatives.

Beyond technological determinism: revitalising labour process analyses of technology, capital and labour

2021 ◽  
Vol 1 (1) ◽  
pp. 139-159
Author(s):  
Paul Thompson ◽  
Knut Laaser
Keyword(s):  
Industrial Revolution ◽  
Process Analysis ◽  
Economic Systems ◽  
Call Centre ◽  
Technological Determinism ◽  
Strategic Choices ◽  
Work Relations ◽  
Labour Process ◽  
Digital Era ◽  
Critical Commentary

Technological determinism is a recurrent feature in debates concerning changes in economy and work and has resurfaced sharply in the discourse around the ‘fourth industrial revolution’. While a number of authors have, in recent years, critiqued the trend, this article is distinctive in arguing that foundational labour process analysis provides the most effective source of an alternative understanding of the relations between political economy, science, technology and work relations. The article refines and reframes this analysis, through an engagement with critical commentary and research, developing the idea of a political materialist approach that can reveal the various influences on, sources of contestation and levels of strategic choices that are open to economic actors. A distinction is made between ‘first order’ choices, often about adoption at aggregate level and ‘second order’ choices mainly concerned with complex issues of deployment. This framework is then applied to the analysis of case studies of the call centre labour process and digital labour platform, functioning as illustrative scenarios. It is argued that the nature of techno-economic systems in the ‘digital era’ open up greater opportunities for contestation.

scholarly journals Integrating supplier knowledge in new product development projects: decoupled and coupled approaches

2017 ◽  
Vol 21 (5) ◽  
pp. 1035-1052 ◽  
Author(s):  
David T. Rosell ◽  
Nicolette Lakemond ◽  
Lisa Melander
Keyword(s):  
Product Development ◽  
Knowledge Sharing ◽  
New Product Development ◽  
Knowledge Integration ◽  
New Product ◽  
Development Projects ◽  
Transfer Of Knowledge ◽  
Supplier Relationships ◽  
Content Type ◽  
Knowledge Intensive

Purpose The purpose of this paper is to explore and characterize knowledge integration approaches for integrating external knowledge of suppliers into new product development projects. Design/methodology/approach This paper is based on a multiple, in-depth case study of six product development projects at three knowledge-intensive manufacturing firms. Findings Firms make purposeful choices to devise knowledge integration approaches when working in collaborative buyer – supplier projects. The knowledge characteristics of the supplier input guide the choice of either coupling knowledge sharing and combining across firms or decoupling knowledge sharing (across firms) and knowledge combining (within firms). Research limitations/implications This study relies on a limited number of case studies and considers only one supplier relationship in each project. Further studies could examine the challenge of knowledge integration in buyer – supplier relationships in different contexts, i.e. in relation to innovation complexity and uncertainty. Practical implications Managers need to make choices when designing knowledge integration approaches in collaborative product development projects. The use of coupled and decoupled approaches can help balance requirements in terms of joint problem-solving across firms, the efficiency of knowledge integration and the risks of knowledge leakage. Originality/value The conceptualization of knowledge integration as knowledge sharing and knowledge combining extends existing perspectives on knowledge integration as either a transfer of knowledge or as revealing the presence of pertinent knowledge without entirely transmitting it. The findings point to the complexity of knowledge integration as a process influenced by knowledge characteristics, perspectives on knowledge, openness of firm boundaries and elements of knowledge sharing and combining.

CONCEPTUAL APPROACHES TO THE DEFINITION OF INCLUSIVE GROWTH IN THE CONTEXT OF ECONOMIC DEVELOPMENT

2021 ◽  
Vol 9 (1) ◽  
pp. 113-119
Author(s):  
Maksym Voichuk
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
International Organizations ◽  
Economic Systems ◽  
Inclusive Growth ◽  
Definition Of ◽  
Different Levels

The article analyzes scientific approaches to defining the concept of inclusive growth, its place, and its role in the structure of economic systems. Attention is paid to the participation of various researchers and international organizations in the formation of this concept. The practical as-pects of the implementation of the concept of “inclusive economic growth” are determined and the prospects for further research on this concept are outlined, in particular, in terms of different levels of the economy.

Knowledge, Innovation, and Profitability

2018 ◽  
pp. 140-159
Author(s):  
Monica Longo-Somoza
Keyword(s):  
Innovation Activity ◽  
Strategic Decisions ◽  
Policy Makers ◽  
Resource Based View ◽  
Economic Changes ◽  
Analysis Methodology ◽  
Knowledge Innovation ◽  
Biotechnology Companies ◽  
Knowledge Intensive ◽  
The Empirical Analysis

This chapter studies the identification of the profile of knowledge-intensive firms, analyzing if their innovation activity is a characteristic related with their profitability and employing as framework the ‘Resource-based view of the firm (RBV)'. Using a sample of 202 Spanish biotechnology companies, drawn from SABI database, the author has identified these firms' available data until 31st December, 2013. It has been used the cluster analysis methodology rarely employed in the preceding literature to characterise the firms of the sample. The empirical analysis results clarify the profile of the analysed firms, helping stakeholders and policy-makers to understand the dynamics of these kinds of firms and making strategic decisions accordingly over their characteristics. This would help them to grow in an orderly way and, thus, promote socio-economic changes to improve competitiveness and economic growth.

Semantic Interoperability for Enhancing Sharing and Learning through E-Government Knowledge-Intensive Portal Services

2013 ◽  
pp. 252-262
Author(s):  
Ching-Chieh Kiu ◽  
Lai-Yung Yuen ◽  
Eric Tsui
Keyword(s):  
Semantic Web ◽  
Knowledge Sharing ◽  
Web Sites ◽  
Government Agencies ◽  
The Public ◽  
Government Services ◽  
Static Information ◽  
Knowledge Intensive ◽  
Different Levels

E-Government emerges from web sites that offer static information, documents and forms for employees and citizens, enquiries, and process automations to many types of stakeholders. Increasingly, different layers of government services are being consolidated into a knowledge portal, providing on time and online services. Such knowledge portals not only provide a platform for integrating applications and information from all government sources, but also provide platforms for knowledge sharing and learning to the public with the objective to improve the efficiency and the quality of E-Government processes and services. However, due to the heterogeneity of applications and information across different levels of government agencies, a significant amount of work is needed to re-configure such applications and services into a new platform. However, semantics are often deficient, which results in problems establishing effective knowledge sharing and learning in E-Government. This paper confers how knowledge intensive portals can be used for enhancing sharing and learning in E-Government. The authors discuss innovative information on how the Semantic Web and Web 2.0 technologies can be applied in providing interoperability to leverage knowledge sharing and learning activities.

Stigmatized products: how conflicting laws can influence decisions to proceed

2020 ◽  
Vol 42 (1) ◽  
pp. 41-49
Author(s):  
Stephanie Geiger-Oneto ◽  
Betsy D. Gelb ◽  
Travis Simkins
Keyword(s):  
Design Methodology ◽  
State Legislatures ◽  
Strategic Decisions ◽  
Content Type ◽  
State Laws ◽  
Product Categories ◽  
Plastic Bags ◽  
Single Use ◽  
The Cost ◽  
Different Levels

Purpose The purpose of this paper is to offers the authors’ perspective on a problem rarely considered by those making strategic decisions: conflicting laws at different levels of jurisdiction, specifically those related to stigmatized products. Design/methodology/approach The authors use as examples of product categories from marijuana to single-use plastic bags, describing the conflicting laws that add to costs for marketers and consumers. Findings The authors find that conflicting laws add to the uncertainty, legal expenses, and therefore, the cost of marketing a stigmatized product, whether stigmatized because of its impact on the environment, on health or on moral grounds. Research limitations/implications The examples are not exhaustive, but their implications are significant: that as state legislatures are preempting local bans, Congress may preempt state laws. Originality/value This paper adds one more complexity to decision-making in the area of products to offer and/or merger/acquisition decisions that may bring company products that face conflicting laws.

The Knowledge Basis of Development of Economic Systems in the Conditions of New Economy Formation

2018 ◽  
Vol 7 (2) ◽  
pp. 28-31 ◽  
Author(s):  
Олег Каленов ◽  
Oleg Kalenov
Keyword(s):  
Innovation System ◽  
New Economy ◽  
Main Tool ◽  
High Tech ◽  
Economic Systems ◽  
Knowledge Formation ◽  
Knowledge Circulation ◽  
Knowledge Intensive ◽  
Forms Of Knowledge

The article deals with the role of knowledge in the development of micro- and macroeconomic systems in the new economic realities. The author examines the forms of knowledge in the organization, gives a detailed description of them. It is emphasized that knowledge can be formed not only in knowledge-intensive and high-tech industries. At the same time, there is a two-way dependence: knowledge acts as both a resource and a product with its specific properties. The article describes 4 stages of knowledge circulation, gives the characteristics of the conditions without which the circulation cannot be fully implemented. The author highlights the main tool of knowledge formation-the national innovation system and indicates the balance of its basic elements: the state, science, education and business. In conclusion, the importance of knowledge in the processes of economic development is emphasized.

scholarly journals The Concept of Economic Potential and Conceptualization of Approaches to Its Interpretation

2020 ◽  
pp. 221-227
Author(s):  
Alla Lysenko ◽  
◽  
Anastasiya Koryak ◽  
Keyword(s):  
Economic Resources ◽  
Economic Systems ◽  
Economic Potential ◽  
Future Production ◽  
Production Concept ◽  
Market Opportunities ◽  
Strategic Goals ◽  
Development Goals ◽  
Different Levels ◽  
Production Resource

The aim of the study is to systematize scientific approaches to the interpretation of the concept of "economic potential", to prove the need for their conceptualization with the separation of resource-production, resource-strategic, production-strategic components and the formation of appropriate concepts on this basis. The article, based on a study of the approaches of scientists to the interpretation of the concept of "economic potential", found that the developed approaches have significant differences, and therefore there is a need for their conceptualization. Relevant concepts have been formed: resource-production, resource-strategic, production-strategic and resource-production-strategic. It is established that the resource-production concept provides a combination of economic resources and their optimal use with the ability to achieve maximum production. The resource-strategic concept involves the use of a set of resources in the process of solving problems for the future. Production and strategic concept involves the use of a set of elements with defined functions to ensure the production process and achieve strategic goals. The resource-production-strategic concept envisages the use of a set of economic resources and production opportunities to achieve the development goals of the business entity. It has been substantiated that the economic potential of the business entity is formed by two interrelated components: internal (resource-production, which reflects the potential of the business entity to produce goods (works, services)) and external (which characterizes the market). opportunities for the sale of such goods (works, services) to consumers and income). The formation of the resource-production-strategic concept in the interpretation of the concept of "economic potential" the authors put the classical approaches (production, marketing, resource), taking into account the concept of "economic potential" is defined as a set of resources and opportunities. relations can be used to the maximum in the process of solving strategic tasks. It is established that the prospect of further scientific developments in this direction is the study of structural components of economic potential and features of its formation and evaluation at different levels of economic systems.

scholarly journals FEATURES OF SOCIAL INNOVATIONS CLASSIFICATION IN PUBLIC SYSTEMS FOR PROVIDING PRECONDITIONS OF THEIR SUSTAINABLE DEVELOPMENT

2018 ◽  
pp. 210-215
Author(s):  
Yuliia Bui
Keyword(s):  
Sustainable Development ◽  
Social Innovation ◽  
Systems Development ◽  
Economic Systems ◽  
Economic Potential ◽  
Social Sphere ◽  
The Social ◽  
Social Innovations ◽  
The Given ◽  
Different Levels

Introduction. The features of social innovations classification are investigated. It allows them to be identified among the whole set of innovations in the social sphere of public systems. The approach is based on the differentiation between the main features that are characteristic for the given type of innovation. Purpose. The article aims to define the peculiarities of social innovations classification from a viewpoint of sustainable development for social and economic systems of different levels. Results. The main features of social innovations classification in terms of sustainable development have been described. The differentiation of social innovations into "deterministic" and "veritable" considering the basic peculiarities of social and economic systems development has been suggested. It has been specified that deterministic social innovations relating to innovation-oriented social and economic systems arise as the positive externals in the result of introducing technical, technological, economic, environmental and other innovations, thus, “veritable” social innovations are generated exceptionally for public development. The generation of such types of social innovation is characterized by the prospect of economic potential of the social and economic system.

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