Search results for "firm"
showing 10 items of 975 documents
The importance of creative industry agglomerations in explaining the wealth of European Regions
2012
[EN] This paper examines the existence of regional agglomerations of manufacturing, service and creative industries, the relationship between these industries and the wealth of regions and their industrial structure. Through an analysis of 250 European regions, three important conclusions can be inferred from the results obtained in this paper. The first is that creative industries play an important role in the wealth of a region. The second is that the most creative regions are characterized by having more high-tech manufacturing industries than the rest of the regions although the number of low-tech manufacturing firms is similar. Lastly, the industrial structure of each region has a grea…
Cooperatives' performance relative to investor-owned firms: a non-distorted approach for the wine sector
2021
PurposeThis study aims to investigate whether significant performance differences between cooperatives and investor-owned firms (IOFs) may exist.Design/methodology/approachBased on data from a sample of Italian wine firms for the period from 2009 to 2018, an adjusted measure of performance called earnings before interests, taxes, depreciations and amortizations gross the raw materials cost was adopted to consider the different objectives of cooperatives relative to those of IOFs.FindingsEmpirical evidence shows that in the context under analysis, cooperatives have performed better than IOFs.Originality/valueDespite the theoretical literature suggesting that the cooperative form of organizat…
Internal Factors in Professional Service Firms (PSFs) and their Impact on Innovation Output : A Quantitative Study of Norwegian PSFs
2017
Master's thesis Business Administration BE501 - University of Agder 2017 The purpose of this study is to contribute to the understanding of Norwegian Professional Service Firms (PSFs) by exploring the effect of internal factors’ impact on innovation output. The four internal factors selected for this study are (1) organizational inertia, (2) training, (3) human capital and (4) innovation culture. The economy is becoming increasingly knowledge based, and at the same time, the importance of innovation is becoming more prevalent in the business world. Even among PSFs, that are perceived as conservative, innovation is now becoming critical for survival. However, it is challenge to become a succ…
Impact of corporate governance on firm performance and total shareholder return of german listed companies
2017
Promocijas darba mērķis ir izpētīt attiecības starp būtiskākajām Vācijas Korporatīvās vadības sistēmas daļām un uzņēmumu sniegumu Vācijas kotētajos uzņēmumos, lai noteiktu elementus ar pozitīvu un negatīvu ietekmi uz uzņēmumu sniegumu un kopējo akcionāru peļņu, pamatojoties uz fundamentālo literatūru, iepriekšējo pētījumu analītisko izpēti un uz divu pētījumu - empīriskā kvantitatīvā pētījuma un kvalitatīvās ekspertu interviju aptaujas - pierādījumiem. Darbu noslēdz ieteikumi Valdības komisijai pārskatīt kodeksu attiecībā uz tā negatīvo ietekmi uz uzņēmuma darbību un izvairīšanos no riska, akcionāriem un uzraudzības padomju priekšsēdētājiem uzlabot sastāva struktūru un ieviest padomes darbā…
A Management Model of ICT Adoption in Latvia
2012
AbstractThis paper describes and analyzes the validity of a managerial model for ICT adoption. The proposed model of ICT adoption decision has two components: an objective component (largely from an economic understanding) and a managerial component (from firm level factors). The factors in both components were considered at firm level. The analysis and confirmation come from a survey of 500 businesses in Latvia in 2008. Confirmation of the theoretical model was accomplished using Ordered Logistical Regression analysis. Analyses results revealed that the dimensions of perceived benefits (top line growth and efficiency gains), technology absorption capacity (employees openness to change, com…
How technology-based firms become also highly innovative firms? The role of knowledge, technological and managerial capabilities, and entrepreneurs’ …
2019
To what extent is the likelihood that a Technology-Based Firm – TBF – turns into a Technology-Based and Highly Innovative Firm – TB&InnF – is influenced by technical capabilities or managerial capabilities and education background? We analyse this question using a novel data panel assembled for 326 Spanish industrial firms, along the period 1998–2014. Our findings show the probability of becoming a TB&InnF growths when firms are able to accumulate a high endowment of knowledge and technological capabilities, and a managerial team with experience, a strong power position and previous technical or managerial education background. Results also indicate the CEO's educational profile in manageme…
How to improve organisational results through knowledge management in knowledge-intensive business services
2012
[EN] In the future, the only sustainable competitive advantage will be the creation of collective and tacit knowledge. From a strategic point of view, and also from the directive management perspective, this is the type of knowledge that adds the greatest value to an organisation. However, it has not been easy to prove that there are positive effects when investments are made in knowledge assets and firm performance. We thus study the relationship between knowledge management and both tangible and intangible organisational results (ORs). Results are tested in 122 knowledge-intensive business services, and they confirm that this relationship is direct and positive, thereby suggesting that th…
Heterogeneity in family firms: contextualising the adoption of family governance mechanisms
2020
PurposeThis research is aimed to better understand what characteristics of family firms create a context in which family governance systems are more frequently adopted.Design/methodology/approachWe analyse a sample of 490 Spanish family businesses using cluster analysis, and we identify four different types of family businesses whose characteristics are associated to the adoption of different family governance systems, i.e. family councils and family protocols. The comparison between clusters of the baseline parameters was performed using one-way analysis of variance (ANOVA) for parametric variables, the χ2 test for parametric variables and Kruskal-Wallis for nonparametric variables. By con…
Reaccionan Completamente los Precios ante un Anuncio de Adquisiciin? Evidencia en el Mercado de Control de Empresas Espaaol (Do Prices Fully React to…
2013
This note examines whether prices fully reflect value creation or destruction at the time of the acquisition announcement when samples are split into listed and unlisted target firms as previous international results are ambiguous about this subject. We find that the Spanish market fully react to the acquisition announcement (showing value creation only for unlisted target firms acquisitions), except for the smallest bidders of public targets since we find significant positive abnormal returns for a 24-month post-acquisition window when event portfolio returns are computed equally-weighted but insignificant abnormal returns when value-weighted returns are computed. This evidence is consiste…
INTER-ORGANIZATIONAL INNOVATION PROMOTERS IN SMALL, KNOWLEDGE-INTENSIVE FIRMS
2009
This paper examines the relationship between external relations and innovation in small, knowledge-intensive Norwegian firms. Our findings indicate that external relations are beneficial for innovation. The analysis shows that it is necessary to treat innovation as more than a concept. Our independent variables related differently to product innovation, process innovation, and market innovation.We found that market participation in product development has a positive impact on product, process and market innovation. We also found that top management interaction with other firms had a positive effect on market innovation and that top management interaction with external R&D had a positive…