|
on Knowledge Management and Knowledge Economy |
|
Issue of 2017‒12‒11
three papers chosen by Laura Ştefănescu Centrul European de Studii Manageriale în Administrarea Afacerilor |
| By: | Vadym Volosovych (Erasmus University Rotterdam); Carolina Villegas Sanchez (ESADE Business School); Bent Sorensen (University of Houston); Sebnem Kalemli-Ozcan (University of Maryland) |
| Abstract: | We identify knowledge spillovers from foreign investment to domestic firms using novel measures of ``closeness'' of foreign-owned and domestic and domestic firms in product space and in technology space. We rely on a new data set that spans six advanced countries connecting firms internationally in order to, a) separate competition effects on domestic firms from knowledge spillovers when domestic and foreign-owned firms are close in product space, and b) identify spillovers from foreign-owned firms that are close to domestic firms in technology space. We find strong negative competition effects on domestic firms that produce in the same {four-digit} sector as the foreign firms and positive knowledge spillovers to domestic firms operating in the same {two-digit} sector (but in different four-digit sectors). Using a measure of ``technological closeness,'' building on the work of Bloom, Schankerman, and van Reenen (2013), we find significant knowledge spillovers to firms which are close in technology space. On average, knowledge spillovers explain 60 percent of the total factor productivity improvement for domestic firms that are technologically close to foreign firms. |
| Date: | 2017 |
| URL: | http://d.repec.org/n?u=RePEc:red:sed017:1194&r=knm |
| By: | D'AMORE, Rosamaria (CELPE - Centre of Labour Economics and Economic Policy, University of Salerno - Italy); IORIO, Roberto (CELPE - Centre of Labour Economics and Economic Policy, University of Salerno - Italy); LUBRANO LAVADERA, Giuseppe (CELPE - Centre of Labour Economics and Economic Policy, University of Salerno - Italy) |
| Abstract: | In this paper, we explore the relationship between the human capital “embodied” in the workforce and the innovative capabilities of the firm, adopting an international comparative perspective. In fact data come from a survey (EFIGE) run in seven European countries during the 2007-2009 period. They are analysed with several models of multivariate analysis also with the support of a semi-parametric model. Our results show a positive relationship between the ratio of graduated employees and the percentage of turnover from innovative products, being the share of personnel employed in R&D constant. This relationship is not linear: we find decreasing marginal returns for human capital and R&D. We then find a complementarity between human capital and R&D: the strength of the link between human capital and innovation is higher when the firm’s R&D increases. We also find some significant differences in the intensity of the human capital/innovation link across different countries. |
| Keywords: | Human capital; R&D; Innovation; |
| JEL: | D22 J24 O32 |
| Date: | 2017–04–29 |
| URL: | http://d.repec.org/n?u=RePEc:sal:celpdp:0144&r=knm |
| By: | Mohajan, Haradhan |
| Abstract: | Knowledge is an essential item in our daily activities to perform the works efficiently. It is considered as the most important asset for every organization. Knowledge management is a system of acquiring, capturing, sharing, storing, developing, capitalizing, disseminating, and utilizing knowledge efficiently in organizations. This paper discusses some of the widely used knowledge management models (KMMs). The aim of KMMs is the substantial development of the organizations. Due to recent global economic competition they become essential to all communities. KMMs play vital roles for the rapid development in technology, and the emergence of new products and services in the society. The intention of this study is to investigate the theory and practice of the emerging and existing KMMs. |
| Keywords: | KMMs, knowledge creation, organization, sense-making |
| JEL: | I2 O1 |
| Date: | 2017–01–10 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:83089&r=knm |