Knowledge, Innovation, and Profitability

Author(s):  
Monica Longo-Somoza

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.

Innovar ◽  
2017 ◽  
Vol 27 (65) ◽  
pp. 11-23 ◽  
Author(s):  
Julio César Acosta Prado ◽  
Mónica Longo-Somoza ◽  
María Belén Lozano García

This paper investigates if family ownership affects the firm’s innovation activity. It characterizes familiar and innovative firms using the Resource-based View of the firm and the relevant factors to innovate and gain competitive advantages. In particular, the purpose is identifying the profile of innovative firms and analyzing if family ownership is a characteristic related to their innovative activity. To achieve this objective, we have applied a cluster analysis methodology in a sample of companies of the Spanish biotechnological industry in which innovation is core. The results show the relevance of the family characteristics on the characterization of those innovative firms, contributing to clarify the existing inconclusive literature between family and innovation, and helping stakeholders and policy-makers to make decisions about inversion or transference of knowledge which would help to improve competitiveness and promote socio-economic changes.


2014 ◽  
Vol 72 (4) ◽  
pp. 275-291 ◽  
Author(s):  
Michael Bentlage ◽  
Anne Wiese ◽  
Arno Brandt ◽  
Alain Thierstein ◽  
Frank Witlox

Abstract The maritime economy as a heterogeneous innovation system has ongoing relevance to the successful spatial and functional development of regions in Europe. A strong technological knowledge base underpins the competitiveness of the maritime economy, which is grounded in distinct spatial structures and proximities. The simultaneous relevance of global and local knowledge is particularly pronounced in the maritime economy through its inherent relevance to globalization and structural change. Conventional classifications of the maritime economy embedded in the discussion of the spatialization of knowledge-intensive activities and global value chains, however, limit the analysis to certain parts of the maritime cluster. This paper examines the applicability of various discourses on interactive knowledge generation and application as a process, based on a comprehensive dataset derived from cooperative links within the maritime economy of northern Germany. It suggests a framework for analysis that is activity based and focuses on the concurrent presence of different dimensions of proximity across value-creating systems. We explore spatial patterns by means of social network analysis. These patterns are industry-specific and have the potential to inform efforts to increase functional as well as physical connectivity in regions. The empirical analysis begins with the individual firm as an actor seeking to optimize its location for the purpose of competitiveness. It proposes an approach that is rooted in the ongoing discussion on spatial and functional dispositions for innovation activity and that bridges the dichotomy of knowledge-intensive services and manufacturing activities in the maritime economy.


Author(s):  
Giuliano Sansone ◽  
Elisa Ughetto ◽  
Paolo Landoni

AbstractAlthough a great deal of attention has been paid to entrepreneurship education, only a few studies have analysed the impact of extra-curricular entrepreneurial activities on students’ entrepreneurial intention. The aim of this study is to fill this gap by exploring the role played by Student-Led Entrepreneurial Organizations (SLEOs) in shaping the entrepreneurial intention of their members. The analysis is based on a survey that was conducted in 2016 by one of the largest SLEOs in the world: the Junior Enterprises Europe (JEE). The main result of the empirical analysis is that the more time students spent on JEE and the higher the number of events students attended, the greater their entrepreneurial intention was. It has been found that other important drivers also increase students’ entrepreneurial intention, that is, the Science and Technology field of study and the knowledge of more than two foreign languages. These results confirm that SLEOs are able to foster students’ entrepreneurial intention. The findings provide several theoretical, practical and public policy implications. SLEOs are encouraged to enhance their visibility and lobbying potential in order to be recognized more as drivers of student entrepreneurship. In addition, it is advisable for universities and policy makers to support SLEOs by fostering their interactions with other actors operating in the entrepreneurial ecosystem, who promote entrepreneurship and technology transfer activities. Lastly, this paper advises policy makers to assist SLEOs’ activities inside and outside the university context.


2021 ◽  
Vol 2 (7) ◽  
pp. 15-23
Author(s):  
A. E. SKLYAROV ◽  

The article contains proposals for the development of the assessment of innovation activity of a knowledgeintensive organization. They include four blocks of indicators: the portfolio of innovative activities, own work within it, the duration of implementation of innovative projects, the economic effect of their implementation. A distinctive feature of the system is the assessment of indicators of innovation activity within the framework of the execution of profitable contracts of a knowledge-intensive organization.


2018 ◽  
Vol 10 (9) ◽  
pp. 3161 ◽  
Author(s):  
Pilar Portillo-Tarragona ◽  
Sabina Scarpellini ◽  
Jose Moneva ◽  
Jesus Valero-Gil ◽  
Alfonso Aranda-Usón

Interest from academics, policy–makers and practitioners in eco-innovation has increased as it enables the optimization of the use of natural resources improving competitiveness and it provides a conceptual framework for corporate sustainability. In this context, this paper provides an in-depth analysis and a wide classification of the specific indicators for the integrated measurement of eco-innovation projects in business from a resource-based view (RBV). The specific metrics were tested to measure the economic-financial and environmental resources and capabilities applied by five Spanish firms to eco-innovation projects, selected as case studies.


2021 ◽  
Author(s):  
Kshitija Joshi ◽  
Krishna H S ◽  
Muralidharan Loganathan

Over the past decade, the Indian entrepreneurial ecosystem has witnessed a steep growth in the number of incubators within academic environments. While most of these have focused on provision of tangible and intangible resources, the understanding about processes and routines that transform these resources into capabilities, which ultimately translate into successful start-up emergence has been lacking. Based on the resource-based view and the dynamic capabilities approach and using the cases of two academic incubators in India (Indian Institute of Technology, Madras and National Chemical Laboratory, Pune), this paper analyses the pre-incubation level processes that have resulted in their enhanced opportunity recognition potential. This study adds to the literature in the area of dynamic capabilities in the context of academic incubation. The study has important implications for both incubation setups as well as policy makers.


Author(s):  
Pablo Ruiz Palomino ◽  
Ricardo Martinez Canas

Machiavellianism is usually studied as an individual characteristic affecting an individual’s ethical/unethical behavior in organizations, turning into an important influential factor in that matter. However, no studies have been conducted to date testing the influence of this personal trait on the individual’s intention to stay, which on the basis of the theoretical perspective of the Resource-Based View of the Firm, have important valuable implications for the organization. Furthermore, no empirical research has been conducted in relation to test the comfort that Machiavellians experiment when an unethical climate is perceived in the organization. This paper will study the effect that a Machiavellian personality has on the individual’s intention to stay and what happens if Machiavellians are within the organization in company of workmates who behave unethically in human interaction. Results obtained through the empirical analysis in a sample of Spanish banking employees are discussed and conclusions and implications both for academics and business professionals are presented.


2017 ◽  
Vol 28 (1) ◽  
pp. 77-93 ◽  
Author(s):  
Endrit Kromidha ◽  
Laura J. Spence ◽  
Stephanos Anastasiadis ◽  
Darla Dore

The purpose of this research is to analyze how governance is related to sustainability and innovation in mega-events over time by looking at the Olympic Games as a case study. Three main contributions are made to management research and practice. First, Foucauldian governmentality is built upon and enriched with a longitudinal perspective by following the evolution of Visibility, Techne, Episteme, and Identity analytics of governmentality. Second, an innovative methodology based on interviews, a systematic documentary review, and software-assisted thematic auto-coding for a theory-led structured analysis is applied. Third, the theoretical and empirical contribution of this study on the longitudinal aspects of governmentality over different parties and outlets of information could be used to guide practical and strategic decisions for managers and policy makers. In addition to its scholarly importance, this work is needed because mega-events can have a sustainable long-term impact, balancing legacy and innovative change.


2020 ◽  
Vol 47 (4) ◽  
pp. 891-909 ◽  
Author(s):  
Justo De Jorge-Moreno ◽  
Virignia De Jorge-Huertas

PurposeThe purpose of this paper is to conduct a benchmark analysis of European cities based on the estimation of a composite index of efficiency from the dimensions of the Cultural and Creative Cities Monitor 2017 (CCCM). The study helps to initiate a new exploration path based on this information, using a segmentation criterion of countries according to their economic and demographic characteristics, in search of greater comparative homogeneity.Design/methodology/approachIn this paper, the metafrontier methodological proposal with data envelopment analysis (DEA) has been used to compare the groups of cities individually with their joint reference.FindingsThe results obtained indicate, from a greater control of heterogeneity, through the segmentation of the sample of cities and the metafrontier methodology, that the composite index (IEC3) through the enveloping data analysis methodology (DEA) is more robust than that obtained with the arbitrary assignment of CCCM weights. The analyses carried out make it possible to study and conduct more real and rigorous comparisons of the cities that experience the best practices, unlike other more distant ones. Reference to cities such as Paris, Louvain and Cork could serve as a basis for possible improvements.Originality/valueIt is important to bear in mind that the possible urban policies of a city and the creative strategies and their derived impact are different, because of the diversity in each city. These new comparability possibilities could serve as a tool for economic policy makers, companies and local managers to carry out learning and simulation processes in the improvement of creative cities.


2019 ◽  
Vol 61 ◽  
pp. 01027 ◽  
Author(s):  
Iryna Trunina ◽  
Iryna Kushal ◽  
Denys Zagirniak

The crisis conditions of the enterprise functioning restrain the possibilities for the innovation activity and lay down higher requirements to the determination of the tasks of the financial strategy of development. To enhance the adaptive possibilities the authors propose to use an imitation-class mathematical model, indicate the basic stages of its creation, determine the structure: a control system; a functional system consisting of functional financial and economic blocks, an information system including a database. We distinguished the basic indices for the analysis of the ability of the enterprise to take strategic decisions of both financial and economic components of the mechanism of their realization. The practical realization of the proposed imitation model of the financialeconomic mechanism of taking strategic decisions based on the calculation of the integral index provides the required information basis for the grounded strategic decision and further development of the enterprise.


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