0000000000255673
AUTHOR
Mirva Peltoniemi
Research on Evolution and the Global History of Pulp and Paper Industry: An Introduction
The underlying assumption in the economic history of industries is the deterministic nature of the industry life cycle. That is, industries are assumed to follow a specific life cycle characterized by stages of nascence, growth, maturity and decline apparent in firm numbers, production volume and technological activity. This introduction gives an overview to the theme of this volume: the analysis of the birth, growth, maturity, and finally the decline of the mechanized pulp and paper industry from its inception in the early nineteenth century Europe to its current situation and future prospects in developing markets in Southern America and other regions.
Cultural Industries: Product-Market Characteristics, Management Challenges and Industry Dynamics
During the last decade, cultural industries have grown in economic importance, and research interest in them has increased. Despite prolific research, there is a lack of a comprehensive view on the subject. The purpose of the present paper is to offer a reconceptualization of cultural industries by tracing their boundaries, their features and the dynamics that follow from these features. This is achieved through a review of 314 cultural industries studies, whereby a classification system of three main and six sub-categories is constructed. On the basis of the review, a framework for future research is presented. Most importantly, future research should examine selection criteria and selecti…
A Evolução Da Indústria De Papel Global
Supõe-se que as indústrias sigam um ciclo de evolução específico, caracterizado pelos estágios de nascimento, crescimento, maturidade e declínio, evidentes em números de empresas, volume de produção e atividade tecnológica. A indústria de papel e celulose não constitui exceção a esta regra. Muito pelo contrário. A história destas linhas de negócio parece seguir uma evolução dependente de uma trajetória semelhante em qualquer país considerado. Condicionada pelo crescimento do mercado, pelos recursos e tecnologia disponíveis, a indústria de papel e celulose passou por estágios de crescimento, maturação e até mesmo declínio em numerosas economias maduras. nonPeerReviewed
Establishing Video Game Genres Using Data-Driven Modeling and Product Databases
Establishing genres is the first step toward analyzing games and how the genre landscape evolves over the years. We use data-driven modeling that distils genres from textual descriptions of a large collection of games. We analyze the evolution of game genres from 1979 till 2010. Our results indicate that until 1990, there have been many genres competing for dominance, but thereafter sport-racing, strategy, and action have become the most prevalent genres. Moreover, we find that games vary to a great extent as to whether they belong mostly to one genre or to a combination of several genres. We also compare the results of our data-driven model with two product databases, Metacritic and Mobyga…
The Essence of Dynamic Capabilities and their Measurement
The growing popularity of explaining firm performance through dynamic capabilities has motivated plenty of conceptual development in the field. However, empirical approaches to measuring dynamic capabilities have so far not been under comprehensive scrutiny. The authors; purpose is to assess the extent to which different ways of measuring dynamic capabilities in quantitative studies correspond to the theoretical essence of the concept, and develop recommendations for future research. They find that four types of operationalizations have been used: (1) managers’ evaluations; (2) financial data; (3) company's experience, actions and performance; and (4) managers’ or employees’ experience, act…
The Essence of Dynamic Capabilities and their Measurement
The growing popularity of explaining firm performance through dynamic capabilities has motivated plenty of conceptual development in the field. However, empirical approaches to measuring dynamic capabilities have so far not been under comprehensive scrutiny. The authors; purpose is to assess the extent to which different ways of measuring dynamic capabilities in quantitative studies correspond to the theoretical essence of the concept, and develop recommendations for future research. They find that four types of operationalizations have been used: (1) managers’ evaluations; (2) financial data; (3) company's experience, actions and performance; and (4) managers’ or employees’ experience, act…
Explaining a Surge in IPR Filings: Uncertain Design Rights and Learning Their Boundaries in the Finnish Sauna Heater Market
We present a case study of a surge in design right filings in an industry transforming from technology-based to design-based competition. The motives for and outcomes of filing, and how these changed over time are discussed. We go on to explore the events, which offered the agents opportunities to update their beliefs about the scope of design right protection. We find that filing motives change from specific protection goals to freedom to operate over time. We also find that the actors faced several, but sometimes contradictory, learning opportunities. Finally, we argue that uncertain design rights may have fostered entrepreneurial optimism. Policy makers could level the playing field and …
Cultural industries: Product-market characteristics, management challenges and industry dynamics
During the last decade, cultural industries have grown in economic importance, and research interest in them has increased. Despite prolific research, there is a lack of a comprehensive view on the subject. The purpose of the present paper is to offer a reconceptualization of cultural industries by tracing their boundaries, their features and the dynamics that follow from these features. This is achieved through a review of 314 cultural industries studies, whereby a classification system of three main and six sub-categories is constructed. On the basis of the review, a framework for future research is presented. Most importantly, future research should examine selection criteria and selecti…
The Evolution of Global Paper Indutry
Industries are assumed to follow a specific life cycle characterized by stages of nascence, growth, maturity and decline apparent in firm numbers, production volume and technological activity. Pulp and paper industries not exceptions to this rule. Quite the contrary. The history of these lines of business seems to follow similar path dependent evolution in any given country. Constrained with market growth, available resources and technology, pulp and paper industry has experienced stages of growth, maturation, and even decline in a numerous mature economies. nonPeerReviewed
The Nanoeconomics of Firm‐Level Decision‐Making and Industry Evolution : Evidence from 200 Years of Paper and Pulp Making
Research summary We explore the qualitative differences in entries and exits over time. Using qualitative and quantitative data on 96 firms over 200 years, we study industry evolution from the perspective of individual decision‐making situations. Our historical and statistical analyses reveal the vital role of technology investments in determining firm outcomes, and the technological, institutional and governance dynamics that lead firms to invest or to abstain. Our main theoretical and methodological contribution concerns the importance of the multiplicity of firm‐level rationalities and decisions as fundamentals in theorizing on industry evolution. Managerial summary What determines firm …
Strategic renewal : Can it be done profitably?
Industry transformation requires strategic renewal at the level of individual firms. Executives then face the dilemma of choosing renewal paths in the face of uncertainty over the competitive environment of the future, and hence the profitability of potential strategies. This dilemma motivates us to study industry transformation from the perspective of strategic renewal among 208 large firms in the global pulp and paper industry. The findings of our qualitative comparative analysis show that only a minority of firms in our sample succeeded in profitable proactive renewal. Content-wise, there were similarities in the pursued strategies over the wider population, but only a few maintained sup…
Thinking about industry decline : A qualitative meta-analysis and future research directions
We analyze historical and longitudinal research focusing on industry decline. Our analysis suggests that the literature’s general reliance on a few meta-theoretical arguments has important consequences for how decline is framed and explained. We identify four meta-theoretical clusters in the literature: politics and market dynamics are seen as exogenous factors with deterministic features, whereas technology and management capabilities are framed as firm-internal failures with causally questionable explanations of how firm-level characteristics explain industry-level decline. We propose that it is important to understand the limitations of distinct meta-theoretical arguments for an enhanced…
Great expectations: Learning the boundaries of design rights
We present a case study of an increase in design right filings and concurrent design right litigations in an industry that previously had little experience of design right protection. The motives for and outcomes of filing, and how these changed over time are discussed. We go on to explore the events, which offered the decision makers opportunities to update their beliefs about the scope of design right protection. We find that filing motives changed from specific protection goals to freedom to operate over time. We also find that the actors faced several, but sometimes contradictory, learning opportunities. There are two types of learning relating to the usage of design rights: 1) learning…