Penalizing the Underdogs? Employment Protection and the Competitive Dynamics of Firm Innovation

This study examines how constraining a firm’s ability to adjust resources affects innovation and underscores a firm’s competitive position as a critical contingency to the competing demands for flexibility and efficiency. In response to losing competitiveness, lagging firms must release obsolete resources and increase experimentation with new resources. Limiting the pace and efficiency at which they can do so impedes their ability to innovate and challenge leading firms. I explore these ideas empirically by exploiting the staggered adoption of employment protection laws. Employment protection indeed reduces innovation by lagging firms, driven by a decrease in radical innovations. In contrast, I find a small yet positive effect on leading firms in low-velocity sectors, which prioritize the efficient use of existing resources. This study extends the prior contingency approach based on industry and task characteristics to incorporate a firm’s competitive position and provides a much more dynamic account of when and how firms experiment with new inventors, resources, and radical innovations.

Transmission Congestion Management and Techno Economical Analysis using Placement of TCSC

Congestion management is a major problem in deregulated power system. Congestion leads to increase in transmission line loading, increases losses and reducing transmission efficiency. It also leads to increase in congestion cost and thus affects technical as well as economical parameters. Research work is carried out under single line critical contingency condition. Critical contingency is found out by overall performance index (OPI). Optimal Power Flow (OPF) is carried out and objective is to maximize social welfare. Thyristor controlled series compensator is used to improve power flow, thus it reduces congestion and improves techno-economical parameters. Optimal location of Thyristor controlled series compensator (TCSC) is found out by LMP difference method.

Organizational Aspirations and External Venturing: The Contingency of Entrepreneurial Orientation

We contribute to the organizational aspirations and corporate venturing literature by theorizing and testing (a) the influence of a firm’s idiosyncratic strategic posture on behavioral responses to performance attainment discrepancies, and (b) that performance feedback may influence multifaceted yet thematically related forms of search. Specifically, we examine the influence of performance feedback on equity-based external corporate venturing. We then propose that a firm’s entrepreneurial orientation (EO) is a critical contingency when theorizing about how firms respond to attainment discrepancies. Our findings indicate that a firm’s EO is an important contingency when considering behavioral responses to attainment discrepancies.

Intentional Islanding Methods as Post Fault Remedial Action: A Review

<p>Intentional islanding is the last defense mechanism executed to avoid cascading failures and total blackout in power system network during severe or critical contingency. It is performed when other mitigation techniques are unable to save the network from collapse. Intentional islanding is preferred compared to unintentional islanding, which produces unstable islands. The objective of intentional islanding is to split the network by disconnecting appropriate transmission lines to produce electrically stable and balanced islands. There are many methods suggested by previous researchers on intentional islanding. This paper presents a comprehensive review on various intentional islanding methods proposed based on the common objective function used which are minimal power imbalance and minimal power flow disruption. The paper focuses on five intentional islanding methods which are analytical, numerical, heuristic, meta-heuristic and hybrid approaches. This review paper will serve as guideline and reference for researchers to explore further in this topic of interest.</p>