Search results for "FIRMS"
showing 10 items of 158 documents
La sopravvivenza immediata delle start-up italiane del settore manifatturiero sanitario: un'analisi multilevel
2017
The immediate survival of the Italian start-up businesses in healthcare industry: a multilevel analysis Objectives: The purpose of this contribution is to provide novel evidence about the main determinants of the short-run survival of pharmaceutical and medical device manufacturing start-up firms in Italy. In order to assess both the firm-specific determinants and the observed and unobserved regional and contextual characteristics, we model the three-year firm survival probability by means of a multilevel logistic framework. Methods and Results: The empirical analysis focuses on an internationally comparable database of the population of firms built up and managed by the Italian National In…
Estimating Verdoorn law for Italian firms and regions
2011
In empirical regional economics, returns to scale are typically estimated at the regional level in search for evidence on alternative theories of growth and agglomeration. However, returns to scale may also have a firm-level dimension. In this paper, we exploit micro level data and estimate the dynamic Verdoorn law in a multilevel-setting, where returns to scale are obtained simultaneously for the micro and the regional level. Using Italian firm-level data and the NUTS-3 level of aggregation, we estimate the classic and augmented versions of Verdoorn law for the manufacturing sector, and the rest of the economy for comparison. Our results show that increasing returns to scale co-exist at bo…
Headquarters’ Control Capacity and the Choice of R&D Organizational Forms Abroad
2013
International audience; Recently, regarding globalization, the decentralization of R&D activities abroad by multinational companies (MNCs) has become important in developed countries. However, academic research has not given this topic sufficient attention. This paper explains how the efficiency of control and incentive mechanisms may affect the choice of organizational forms by MNCs that decentralize their R&D activities abroad. We identify five main organizational forms: wholly owned green-field subsidiary, wholly owned acquired subsidiary, joint venture, cross-licensing agreements, and unilateral licensing agreements. A questionnaire addressed to the R&D managers of American and European…
The Creative Class Revisited: Does the Creative Class Affect the Birth Rate of High-tech Firms in Nordic Countries?
2015
In the new knowledge-based economy, the ability of both firms and regions to adapt to the changes in their external environment and to remain competitive is closely related to their capacity to innovate and continuously renew the existing structures and knowledge bases. With respect to this, dense concentrations of knowledge-intensive industries and related activities are usually considered to be propitious environments from which new innovations can emerge. In such environments, the ability to attract talented, highly skilled labor is crucial for the success of regions. Employees who possess and provide know-how and creativity play a leading role in knowledge-intensive production and inno…
Upstream Product Market Regulations, ICT, R&D and Productivity
2017
Our study aims to assess the actual importance of the two main channels via which upstream anti-competitive sector regulations are usually considered to impact productivity growth, i.e. by acting as a disincentive to business investments in R&D and in ICT. We estimate the specific impacts of these two channels and their shares in the total impact as opposed to alternative channels of investments in other forms of intangible capital that we cannot explicitly consider for lack of appropriate data such as improvements in skills, management and organization. To achieve this, we specify an extended production function explicitly relating productivity to R&D and ICT capital as well as to upstream…
Opportunities and pitfalls related to e-commerce strategies in small-medium firms: A system dynamics approach
2002
E-commerce is often perceived as a powerful lever to foster growth of SMEs. However, both the literature and empirical evidence have shown the perils hidden in superficial decision making by SME entrepreneurs. A system dynamics (SD) approach is used in this article to demonstrate how managing processes of accumulation and depletion of strategic assets, detecting inertial effects of decisions made in the past, and selectively acting on policy levers are likely to help entrepreneurs in understanding opportunities and pitfalls related to e-commerce strategies. A feedback analysis of three case studies selected from the literature and the main findings from a survey conducted by the authors on …
Temporary employment and technical efficiency in Spain
2004
Analyses how the high proportion of temporary employment affects the firm's technical efficiency. Uses the stochastic frontier approach to measure the technical efficiency of the Spanish manufacturing firms during the period 1990‐2001. A negative relation between technical efficiency and the proportion of temporary jobs has been obtained. Also, shows that permanent employment makes an important contribution to output while temporary does not.
Key levels for knowledge creation and management: which is the ontological locus for learning in Spanish manufacturing firms?
2013
This paper aims to highlight two core issues related to knowledge management and organisational learning. First deals with the ontological support-knowledge creation relationship. Secondly, the comparison between Crossan et al. (1999) and Nonaka and Takeuchi (1995) models: on what ontological supports knowledge is created? Individuals, groups and organisation: are they independent or do they interact with each other? Is individual level swallowed up by the group [as Nonaka and Takeuchi (1995) seems to suggest], leading to groups and organisation as unique ontological levels? The empirical study draws those ontological levels in large manufacturing Spanish firms. It identifies (via explorato…
Measuring and reporting confiscated firms' (social) business value
2019
This study highlights the peculiar aspects of the business valuation process involving firms confiscated from the Mafia organisation, by pointing out some criteria to guide the selection of the appropriate valuation method. We identify some preliminary operational proposals for drawing up an effective valuation report taking social and ethical factors into account. Based on an empirical analysis carried out on a sample of Italian firm valuation reports publicly available, we find that the main business valuation choices are not explained in an in-depth manner and that there are many differences between the valuation reports and the prescriptive content proposed. Theoretical implications may…
Explaining knowledge intensive firms’ performance through internal factors: evidence from an IT consulting firm
2022
Our research contributes to knowledge-intensive firms research streams. We propose an explanation of their performance based on organizational design theory and the resource-based view. Through a case study on an IT consulting firm in France, we examined the impact of a coherent organizational architecture and a cognitive asset on the performance of the firm. The results show a complementarity between a coherent organizational design and a meticulously formed and maintained human resources asset to explain the performance of an IT consulting firm.