Evolution and Coevolution: Dynamic Knowledge Capability Building for Catching-up in Emerging Economies

2016 ◽  
Vol 12 (4) ◽  
pp. 717-745 ◽  
Author(s):  
Xiaoying Dong ◽  
Yan Yu ◽  
Na Zhang
Keyword(s):  
Emerging Economies ◽  
Business Environment ◽  
Limited Resources ◽  
Strategic Choices ◽  
Catching Up ◽  
Capability Building ◽  
Knowledge Capability ◽  
Multi Level ◽  
Set Up

ABSTRACTKnowledge has always been a strategic resource for firms; however, there is a lack of research regarding how a firm's knowledge management (KM) contributes to its capability catching-up and adaptation in emerging economies. This article focuses on the knowledge capability building of Chinese private firms that were set up in the 1990s and pays particular attention to how firms with limited resources and knowledge went on to achieve remarkable success. This paper presents its analysis through a multi-level co-evolutionary lens and a case study on the Li-Ning Company. The case study depicts the macro coevolution between the changing business environment and the firm's strategic choices, as well as the micro coevolution of the organizational strategy and the KM orientations, processes, and infrastructures within the firm. The research sheds light on the dynamic capability building trajectory for the firms in emerging economies.

Multi-level drivers of catching up in complex product systems: an Iranian gas turbine producer

2019 ◽  
Vol 11 (1) ◽  
pp. 85-106
Author(s):  
Mostafa Safdari Ranjbar ◽  
Tae-Young Park ◽  
Soroush Ghazinoori ◽  
Manochehr Manteghi
Keyword(s):  
Gas Turbine ◽  
National Level ◽  
Theoretical Framework ◽  
Firm Level ◽  
Content Type ◽  
Complex Product ◽  
Catching Up ◽  
Capability Building ◽  
Multi Level

Purpose This paper aims to investigate the pattern of technological capability building in the gas turbine industry as a complex product system (CoPS) in an Iranian gas turbine producer named Oil Turbo Compressor Company (OTC) and to recognize multi-level (firm, industry and national) drivers influencing technological catching up in this company. Design/methodology/approach This paper used a qualitative approach and case study research strategy. A preliminary theoretical framework is proposed based on research background. Also, the data were collected from various sources, including the interview with 11 experts, studying many documents and participating in some relevant meetings and conventions. To analyze the data, the authors relied on their preliminary theoretical framework and applied the chronological sequence analysis technique. Findings Our findings show that, first, in contrast with mass-produced industries where capability building pattern often leads to product innovation, technological capabilities in OTC have evolved from assembling to manufacturing, upgrading and finally redesigning of existing models of gas turbines. Second, two firm-level (proper technology acquisition strategies and building organizational and managerial capabilities), two industry-level (networking, integration and collaboration among key actors and existence of local market and demand) and two national-level (government’s policies, supports and initiatives and institutional arrangement and political conditions) drivers have played indispensable roles in facilitating and accelerating technological catching up by OTC. Research limitations/implications Inevitably, the current research faces a few limitations. For instance, the difficulty of generalization is considered an inherent problem because it is a case study of only one Iranian latecomer company, as well as only one CoPS industry. Regarding implications, the findings suggest that technological catching up in CoPS industries in developing countries is not a simple and autonomous process and is influenced by multi-level factors, including national-, industry- and firm-level drivers. Originality/value In terms of theory, this paper tends to investigate and explain the catching-up process in OTC as an Iranian gas turbine producer by applying a multi-level theoretical framework that consists of firm-, industry- and national-level drivers. In terms of practice, this paper aims at investigating drivers affecting the catching-up process in a CoPS industry in a developing country that was faced with vast international sanctions, while many other studies in this area examined cases from developing countries such as Korea and China that had the opportunity of enjoying international collaborations and overseas knowledge flows.

The Evolving Nature of EU Business Lobbying

2021 ◽  
pp. 21-53
Author(s):  
David Coen ◽  
Alexander Katsaitis ◽  
Matia Vannoni
Keyword(s):  
Regulatory Networks ◽  
Historical Perspective ◽  
Business Strategies ◽  
Strategic Choices ◽  
European Regulatory ◽  
Business Lobbying ◽  
Multi Level ◽  
The Impact ◽  
The Eu

This chapter examines business lobbying in the EU from a historical perspective. Conceptually, it discusses how the EU’s evolution has influenced interest intermediation in Brussels. In doing so, it addresses the increasing authority handed to the European Commission, the growth of European regulatory networks, and multi-level governance; and their influence on business and the strategic choices it makes. From the opposite perspective, it examines the impact that business has had on the EU’s integration, and its policy-making procedures. Empirically, the chapter draws on unique business surveys spanning from the mid-1990s up until today, and a large-N analysis of 12,000 registered organizations on the EU’s transparency register. It also provides a case study on business strategies, focused on the directive on tobacco control. Theoretically, this chapter contributes to discussions on European integration, interest group activity, business lobbying, and governance in the EU.,

scholarly journals SEMI-IDEAL BIDDING VIA A FUZZY TOPSIS PROJECT EVALUATION FRAMEWORK IN RISKY ENVIRONMENTS

2014 ◽  
Vol 19 (Supplement_1) ◽  
pp. S106-S115 ◽  
Author(s):  
Mehdi Ravanshadnia ◽  
Hossein Rajaie
Keyword(s):  
Human Resources ◽  
Graphical User Interface ◽  
Fuzzy Topsis ◽  
Evaluation Framework ◽  
Limited Resources ◽  
Linguistic Terms ◽  
Construction Company ◽  
Set Up ◽  
The Cost

Blind involvement in aimless bids may result the loss of bidding bond expenditures, purchased bidding documents, the cost of human resources engaged in mark-up estimation, and detailed project investigation costs such as site visits. In this research, a risk based fuzzy TOPSIS framework is set up to evaluate and prioritize bidding opportunities. This may help contractors to assign their limited resources to near optimal selected projects. The risks inherent in the nature of every tender, makes systematic risk analysis a prerequisite for any construction company. Proposed framework considers key determining risk factors such as corporate considerations, tender environment, contractual issues, and project specific risks. The methodology implementation has been facilitated by developing a graphical user interface that accepts linguistic terms expressed by main decision groups. A case study demonstrates the applicability of the model.

Strategic Choices in a Turbulent Environment: A Case Study of Starter Corporation

2002 ◽  
Vol 16 (1) ◽  
pp. 36-53 ◽  
Author(s):  
Allen L. Sack ◽  
Abbas Nadim
Keyword(s):  
Environmental Factors ◽  
Business Environment ◽  
Relative Importance ◽  
Strategic Choices ◽  
Major Question ◽  
Turbulent Environment ◽  
Industry Competition ◽  
Starting Point ◽  
Industry Leader

The Starter Corporation, the industry leader in the sports licensed apparel business in the 1980s and 1990s, declared bankruptcy in 1999. This case study examines Starter’s rise and fall, focusing on the interaction between management decisions made over the years and the profound changes that were taking place in the sports licensing industry. It was found that Starter’s dependence on professional leagues for licensing agreements, a flood of new entrants into the licensing industry (especially large footwear manufacturers), the threat of substitute products, dependence on overseas and other suppliers, and players’ strikes and lockouts created a volatile business environment in which Starter had to compete. The major question raised in this case concerns the relative importance of environmental factors and strategic choices by management in Starter’s demise. Michael Porter’s (1980) “five forces model” of industry competition provided a theoretical starting point for this study.

From universalism to individualism: New approaches to economic growth analysis

2019 ◽  
pp. 108-126
Author(s):  
Ivan L. Lyubimov
Keyword(s):  
Economic Growth ◽  
Structural Transformation ◽  
Emerging Economies ◽  
Growth Analysis ◽  
Extended Period ◽  
Economic Policies ◽  
Adequate Account ◽  
New Approaches ◽  
Catching Up

This paper examines the evolution of academic and applied approaches to analyze the problem of economic growth since the mid-XX century. For quite an extended period of time, these views were corresponding to universalist economic policies taking no adequate account of particularities and limitations that a certain catching-up economy embodied. New approaches analyzing the problems of economic growth, on the contrary, individualize growth diagnostics, structural transformation and the organization of reforms processes for the emerging economies. We argue that individualist approaches might be potentially more effective than the universalist ones for solving the problem of slow economic growth.

Participation and spatial transformation in large housing estates in Poland. Case study of Ursynów Północny

2018 ◽  
Vol 60 (1) ◽  
pp. 55-65
Author(s):  
Krystyna Ilmurzyńska
Keyword(s):  
Basic Assumption ◽  
Real Life ◽  
Business Environment ◽  
Spatial Transformation ◽  
Reciprocal Relationships ◽  
Spatial Transformations ◽  
Large Housing Estates ◽  
Existing Housing ◽  
Housing Estates

Abstract This article investigates the suitability of traditional and participatory planning approaches in managing the process of spatial development of existing housing estates, based on the case study of Warsaw’s Ursynów Północny district. The basic assumption of the article is that due to lack of government schemes targeted at the restructuring of large housing estates, it is the business environment that drives spatial transformations and through that shapes the development of participation. Consequently the article focuses on the reciprocal relationships between spatial transformations and participatory practices. Analysis of Ursynów Północny against the background of other estates indicates that it presents more endangered qualities than issues to be tackled. Therefore the article focuses on the potential of the housing estate and good practices which can be tracked throughout its lifetime. The paper focuses furthermore on real-life processes, addressing the issue of privatisation, development pressure, formal planning procedures and participatory budgeting. In the conclusion it attempts to interpret the existing spatial structure of the estate as a potential framework for a participatory approach.

Business Environment in West Bengal: An Ethical Issue

Think India ◽  
2016 ◽  
Vol 19 (1) ◽  
pp. 35-41
Author(s):  
Sreekumar Ray
Keyword(s):  
West Bengal ◽  
Balance Sheet ◽  
Business Environment ◽  
Business Practices ◽  
Ethical Business ◽  
Industrial Growth ◽  
Long Run ◽  
Fixed Assets ◽  
Finance Company ◽  
Set Up

Ethics in Business are keywords in any business environment which are lacking in most of the cases. In a broad sense ethics means not to cheat others and to do the business in an honest way, to abide by the rules and regulations of the soil, and above all to keep the morale high so that the business can grow to a new height in long run. Unfair means and unethical business practices to earn money quickly are often fraught with the danger of losing the business permanently or losing the goodwill and respect of society. West Bengal has got bad reputation for industrial growth and fake chit funds and it has been named as ponzy capital of India by many as 72 out of 86 fake chit funds are in the state of West Bengal (as per the Report of Ministry of Corporate Affairs, Govt. of India). On the other hand the micro finance company Bandhan which has got Banking license last year (set up in 2001 in West Bengal) and Eins Edutech the company which was originally incorporated on March 9, 1983, as Ganpat Udyog in West Bengal are worth mentioning and at ease one can feel proud of them. As on 17th April, 2015 the latter company has got market capital of Rs.700 crore with its fixed assets, as per its balance sheet, as only two cell phones and one printer. As per monthly status of Bandhan in February 2015 it has 2,022 branches, 63,66,269 borrowers, 15,956 staff, loan disbursed for the month Rs.1,572 crores, and loan outstanding Rs.8,908 crores. Under such situation, this study focuses on the ethical business environment prevailing in West Bengal and the strategies adopted by them.

Corporate Social Responsibility Practices in Indian Petroleum Companies: A Case Study of Selected PSUs

Think India ◽  
2018 ◽  
Vol 21 (3) ◽  
pp. 13-18
Author(s):  
Abhijit Ranjan Das ◽  
Subhadeep Mukherjee
Keyword(s):  
Corporate Social Responsibility ◽  
Public Sector ◽  
Social Responsibility ◽  
Business Environment ◽  
Annual Reports ◽  
Net Worth ◽  
Net Profit ◽  
Petroleum Companies ◽  
Corporate Social

Corporate Social Responsibility (CSR) is not a very new concept, it is an old concept. Earlier, in India it was optional to the company that they may contribute voluntarily towards CSR but after the Companies Act 2013, it was formally introduced in the business environment and was made mandatory for those companies whose net worth and profit cross a threshold limit. They should contribute 2% of the average net profit of just preceding three years profit. This paper primarily focuses on CSR practices of some selected public sector petroleum companies in India. The study has been conducted based on the Annual Reports of seven selected public sector companies. Five years of data on CSR spending from 2009–10 to 2014–15 were examined. Moreover, the pattern of expenses was also examined. Since petroleum companies are giants of the India economy and contribute significantly towards the Gross Domestic Product (GDP) of our country. Thus it is necessary to look into how these companies are contributing towards CSR. An attempt has been made to examine the early impact of Section 135 of the Companies Act.

scholarly journals Drivers of Firm’s Value: Panel Data Evidence from Indian Manufacturing Industry

2015 ◽  
Vol 7 (2) ◽  
pp. 1 ◽  
Author(s):  
Ranjit Tiwari ◽  
Brajesh Kumar
Keyword(s):  
Emerging Economies ◽  
Manufacturing Industry ◽  
Developing Economies ◽  
Panel Regression ◽  
Strategic Choices ◽  
Significant Relation ◽  
Value Drivers ◽  
Book Value ◽  
Earnings Per Share ◽  
The World

<p>The purpose of this paper is to classify the value drivers into broad categories and then identify the major drivers of firm’s value for Indian manufacturing industry and also work out the sectorial sensitivity of value drivers. To achieve the objectives of the study we first derive the value driver’s model next we use panel regression with different model specifications to empirically analyse the major drivers of firm’s value. Our study reveals that sales, net margin, book value, dividend per share, beta and earnings per share are the six major financial drivers of value. All the strategic drivers when included in the model have significant relation with value without disturbing the r-square of the model. Thus, it is clear that apart from generic financial drivers, firms need to put more attention on strategic choices they make, because it is the strategic choice that will give firms an edge over others in developing economies like India. Further, we also observe sector specific priorities of the value drivers. This paper provides academicians and practitioners with an overview of the applicability of value drivers for Indian manufacturing industry. Further, the study will fill the gap in literature by adding value drivers’ evidence from one of the fastest growing economies in the world and will benefit researchers in arriving at common consensus for value drivers in emerging economies. </p>

scholarly journals The Problem of Success and Failure in Public-private Innovation Partnerships

2021 ◽  
pp. 1-21
Author(s):  
JONATHAN HAMMOND ◽  
SIMON BAILEY ◽  
OZ GORE ◽  
KATH CHECKLAND ◽  
SARAH DARLEY ◽  
...  
Keyword(s):  
Public Sector ◽  
Health Service ◽  
Policy Maker ◽  
Policy And Practice ◽  
Policy Success ◽  
Political Effects ◽  
Innovation Project ◽  
Multi Level ◽  
Test Beds

Abstract Public-Private Innovation Partnerships (PPIPs) are increasingly used as a tool for addressing ‘wicked’ public sector challenges. ‘Innovation’ is, however, frequently treated as a ‘magic’ concept: used unreflexively, taken to be axiomatically ‘good’, and left undefined within policy programmes. Using McConnell’s framework of policy success and failure and a case study of a multi-level PPIP in the English health service (NHS Test Beds), this paper critically explores the implications of the mobilisation of innovation in PPIP policy and practice. We highlight how the interplay between levels (macro/micro and policy maker/recipient) can shape both emerging policies and their prospects for success or failure. The paper contributes to an understanding of PPIP success and failure by extending McConnell’s framework to explore inter-level effects between policy and innovation project, and demonstrating how the success of PPIP policy cannot be understood without recognising the particular political effects of ‘innovation’ on formulation and implementation.

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