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Exploring the innovative effort: duration models and heterogeneity 探索创新努力：持续时间模型和异质性
IF 3.5 3区 管理学
Eurasian Business Review Pub Date : 2024-07-17 DOI: 10.1007/s40821-024-00272-9
Maria Elena Bontempi, Luca Lambertini, Giuseppe Parigi
{"title":"Exploring the innovative effort: duration models and heterogeneity","authors":"Maria Elena Bontempi, Luca Lambertini, Giuseppe Parigi","doi":"10.1007/s40821-024-00272-9","DOIUrl":"https://doi.org/10.1007/s40821-024-00272-9","url":null,"abstract":"<p>Perseverance in R&amp;D effort is the first fundamental step towards any kind of innovation. We investigate the beginning of the innovation story, rather than its end, through duration models. Among the drivers of our unconventional IO approach, we focus on heterogeneity, path dependence and market power, measured as elasticity of firm-specific demand. The Schumpeterian hypothesis emerges at the firm level. Heterogeneity at the industry level reveals Schumpeterian and Arrovian patterns, as well as U-shaped and inverted U-shaped patterns. We suggest considering the entire supply chain from a holistic perspective when evaluating mergers and innovation policies that support small firms by reducing their financial uncertainty and improving their institutional environment.</p>","PeriodicalId":51741,"journal":{"name":"Eurasian Business Review","volume":null,"pages":null},"PeriodicalIF":3.5,"publicationDate":"2024-07-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141746376","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The Influence of value chain governance on innovation performance: A study of Italian suppliers 价值链管理对创新绩效的影响：意大利供应商研究
IF 3.5 3区 管理学
Eurasian Business Review Pub Date : 2024-07-02 DOI: 10.1007/s40821-024-00267-6
Emanuele Brancati, Carlo Pietrobelli, Caio Torres Mazzi
{"title":"The Influence of value chain governance on innovation performance: A study of Italian suppliers","authors":"Emanuele Brancati, Carlo Pietrobelli, Caio Torres Mazzi","doi":"10.1007/s40821-024-00267-6","DOIUrl":"https://doi.org/10.1007/s40821-024-00267-6","url":null,"abstract":"<p>This paper explores how value chain governance affects the innovation performance of suppliers of intermediate products. We take advantage of a unique dataset of Italian firms to identify governance regimes based on the perceived levels of technological capabilities of suppliers and explicit coordination in the value chain. Our results indicate that ‘modular’ value chain governance is more conducive to innovation for suppliers, especially when these firms have medium capability levels. Conversely, market-based governance modes relate strongly to lower innovativeness amongst suppliers, particularly those with lower capabilities. These patterns are also reflected in the sales of innovative products. Our results go partially against other findings in the GVC literature, whereby relational value chains are usually seen as providing the most favorable environment for learning and innovation.</p>","PeriodicalId":51741,"journal":{"name":"Eurasian Business Review","volume":null,"pages":null},"PeriodicalIF":3.5,"publicationDate":"2024-07-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141525535","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
ESG unpacked: Environmental, social, and governance pillars and the stock price reaction to the invasion of Ukraine 解读 ESG：环境、社会和治理支柱以及股价对乌克兰入侵的反应
IF 3.5 3区 管理学
Eurasian Business Review Pub Date : 2024-07-01 DOI: 10.1007/s40821-024-00277-4
Boglarka Bianka Kovacs, Gábor Neszveda, Eszter Baranyai, Adam Zaremba
{"title":"ESG unpacked: Environmental, social, and governance pillars and the stock price reaction to the invasion of Ukraine","authors":"Boglarka Bianka Kovacs, Gábor Neszveda, Eszter Baranyai, Adam Zaremba","doi":"10.1007/s40821-024-00277-4","DOIUrl":"https://doi.org/10.1007/s40821-024-00277-4","url":null,"abstract":"<p>How do the individual pillars of environmental, social, and governance (ESG) factors perform in times of war? Focusing on euro area stocks around the Russian invasion of Ukraine in 2022, we investigate this question using an event study methodology. Our findings suggest that firms with higher governance scores experienced stronger abnormal positive stock returns, implying that investors particularly valued well-governed firms amidst the uncertainty and adversity. However, the importance of good governance was lower for countries with higher dependency on oil imports from Russia. In contrast, social and environmental considerations appeared to receive less attention from investors during this crisis period. Our study highlights the heterogeneous nature of ESG factors and underscores how their relevance can be context-dependent, especially in uncertain times marked by geopolitical conflicts.</p>","PeriodicalId":51741,"journal":{"name":"Eurasian Business Review","volume":null,"pages":null},"PeriodicalIF":3.5,"publicationDate":"2024-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141506701","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Does organizational innovation facilitate product innovation? Evidence from Korean Manufacturing Firms 组织创新会促进产品创新吗？来自韩国制造业企业的证据
IF 3.5 3区 管理学
Eurasian Business Review Pub Date : 2024-06-27 DOI: 10.1007/s40821-024-00278-3
Sung-Tae Lee, Sun-Moon Jung
{"title":"Does organizational innovation facilitate product innovation? Evidence from Korean Manufacturing Firms","authors":"Sung-Tae Lee, Sun-Moon Jung","doi":"10.1007/s40821-024-00278-3","DOIUrl":"https://doi.org/10.1007/s40821-024-00278-3","url":null,"abstract":"<p>Production innovation enables businesses to remain relevant and drives economic growth. However, many business leaders struggle to identify existing innovation opportunities and are unsure how to execute them with existing resources. This article suggests that organizational innovation—the innovation of a firm’s management practices—helps managers maximize product innovation outcomes. Drawing from firm-level data from the Corporate Innovation Survey of Korea, we find that product/service innovation is positively associated with three types of organizational innovation—the innovation of human resource practices, production processes, and value chain relationships. This suggests that business leaders can maximize their product innovation outcomes by engaging in organizational changes together with product innovation activities. In addition, we explore the channels through which organizational changes enhance product innovation: innovating the management control system helps managers retain top creative talent; value chain innovation leverages the external knowledge necessary for innovation; all three types of organizational innovation are advantageous for acquiring knowledge sources, helping organizational members develop new ideas and novel solutions.</p>","PeriodicalId":51741,"journal":{"name":"Eurasian Business Review","volume":null,"pages":null},"PeriodicalIF":3.5,"publicationDate":"2024-06-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141506664","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
So far, yet so close. Using networks of words to measure proximity and spillovers between firms 如此之远，却又如此之近。利用词语网络衡量企业间的接近度和溢出效应
IF 3.5 3区 管理学
Eurasian Business Review Pub Date : 2024-06-26 DOI: 10.1007/s40821-024-00270-x
Alessandro Marra, Marco Cucculelli, Alfredo Cartone
{"title":"So far, yet so close. Using networks of words to measure proximity and spillovers between firms","authors":"Alessandro Marra, Marco Cucculelli, Alfredo Cartone","doi":"10.1007/s40821-024-00270-x","DOIUrl":"https://doi.org/10.1007/s40821-024-00270-x","url":null,"abstract":"<p>Textual data are the last frontier in the empirical literature on proximity between firms. While there are a growing number of studies using textual data, no robust methodology has yet emerged, nor has any attempt been made to compare the resulting findings with standard measures of proximity based on existing classification systems. The purpose of this paper is threefold. First, we propose a methodology that can be an effective and applicable tool for measuring proximity between companies. Second, we compare the resulting indicator of proximity, which we refer to as “business” proximity, with industrial and technological proximity scores based on activity codes and technology adoption, respectively. Third, we use business proximity to explain economic performance, assuming that knowledge sharing can occur between employees working in similar firms. Having established the soundness of the methodology, the empirical results confirm the substantial information content of the descriptive texts and provide evidence on the likelihood of spillover effects between firms that are close in the business and geographical dimension.</p>","PeriodicalId":51741,"journal":{"name":"Eurasian Business Review","volume":null,"pages":null},"PeriodicalIF":3.5,"publicationDate":"2024-06-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141506665","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
MNE spillovers and local export dynamics in China: the role of relatedness and forward–backward linkages 跨国企业溢出效应与中国地方出口动态：关联性和前向后向联系的作用
IF 3.5 3区 管理学
Eurasian Business Review Pub Date : 2024-06-08 DOI: 10.1007/s40821-024-00273-8
Yibo Qiao, Nicola Cortinovis, Andrea Morrison
{"title":"MNE spillovers and local export dynamics in China: the role of relatedness and forward–backward linkages","authors":"Yibo Qiao, Nicola Cortinovis, Andrea Morrison","doi":"10.1007/s40821-024-00273-8","DOIUrl":"https://doi.org/10.1007/s40821-024-00273-8","url":null,"abstract":"","PeriodicalId":51741,"journal":{"name":"Eurasian Business Review","volume":null,"pages":null},"PeriodicalIF":3.5,"publicationDate":"2024-06-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141369813","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The relationship between market competition and accrual earnings management: A cross-country study 市场竞争与应计收益管理之间的关系：跨国研究
IF 3.5 3区 管理学
Eurasian Business Review Pub Date : 2024-06-06 DOI: 10.1007/s40821-024-00271-w
Jangho Gil
{"title":"The relationship between market competition and accrual earnings management: A cross-country study","authors":"Jangho Gil","doi":"10.1007/s40821-024-00271-w","DOIUrl":"https://doi.org/10.1007/s40821-024-00271-w","url":null,"abstract":"","PeriodicalId":51741,"journal":{"name":"Eurasian Business Review","volume":null,"pages":null},"PeriodicalIF":3.5,"publicationDate":"2024-06-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141376433","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The impact of open innovation on firms’ performance in bad times: evidence from COVID-19 pandemic 开放式创新在逆境中对企业绩效的影响：来自 COVID-19 大流行病的证据
IF 3.5 3区 管理学
Eurasian Business Review Pub Date : 2024-06-04 DOI: 10.1007/s40821-024-00275-6
Shanshan Wu, Long Cheng, Changcheng Huang, Yaoyao Chen
{"title":"The impact of open innovation on firms’ performance in bad times: evidence from COVID-19 pandemic","authors":"Shanshan Wu, Long Cheng, Changcheng Huang, Yaoyao Chen","doi":"10.1007/s40821-024-00275-6","DOIUrl":"https://doi.org/10.1007/s40821-024-00275-6","url":null,"abstract":"","PeriodicalId":51741,"journal":{"name":"Eurasian Business Review","volume":null,"pages":null},"PeriodicalIF":3.5,"publicationDate":"2024-06-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141386963","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Drivers of firms’ digital activities in response to the Covid-19 pandemic 企业为应对 Covid-19 大流行而开展数字化活动的驱动因素
IF 3.5 3区 管理学
Eurasian Business Review Pub Date : 2024-06-03 DOI: 10.1007/s40821-024-00268-5
Chiara Franco, Filomena Pietrovito
{"title":"Drivers of firms’ digital activities in response to the Covid-19 pandemic","authors":"Chiara Franco, Filomena Pietrovito","doi":"10.1007/s40821-024-00268-5","DOIUrl":"https://doi.org/10.1007/s40821-024-00268-5","url":null,"abstract":"<p>The aim of the paper is to analyse the main internal drivers of the increase and adoption of online activities carried out by firms in reaction to the Covid-19 pandemic. While the impact of Covid-19 pandemic on several measures of firm-level performance has been debated in many papers, not enough effort has been devoted to investigating its digitalization impact, especially with respect to the drivers of firms operating in transition countries. To this end, we explore a very detailed firm-level dataset, drawn from the World Bank Enterprise Survey (WBES) combined with the Covid-19-ES Follow-up Survey, for 22 Eastern European and Central-Eastern Asian countries. Our findings reveal that (<i>i</i>) higher online activity is associated with higher digital and technological endowment of the firm and (<i>ii</i>) this relationship is shaped by external factors, such as country-level digital infrastructure.</p>","PeriodicalId":51741,"journal":{"name":"Eurasian Business Review","volume":null,"pages":null},"PeriodicalIF":3.5,"publicationDate":"2024-06-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141258199","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Internationalization and individual firm performance: a resource-based view 国际化与个体企业绩效：基于资源的观点
IF 3.5 3区 管理学
Eurasian Business Review Pub Date : 2024-05-31 DOI: 10.1007/s40821-024-00276-5
Antonio Arbelo, Marta Arbelo-Pérez, Pilar Pérez-Gómez
{"title":"Internationalization and individual firm performance: a resource-based view","authors":"Antonio Arbelo, Marta Arbelo-Pérez, Pilar Pérez-Gómez","doi":"10.1007/s40821-024-00276-5","DOIUrl":"https://doi.org/10.1007/s40821-024-00276-5","url":null,"abstract":"<p>This paper, through an analysis of the relationship between internationalization and a novel concept of performance at the firm level, sheds new light on this stream of literature, as our analysis presents a new approach by examining the internationalization-performance relationship at the firm level and arguing that this relationship is dependent on firm-specific assets. To test this argument, we use a sample of 267 manufacturing firms in Spain. We use a Bayesian stochastic frontier model with random coefficients to adequately capture the heterogeneity of resources across firms. The results reveal that the effect of internationalization on performance is heterogeneously distributed across firms. Finally, the strategic implications of these results for achieving a sustained competitive advantage by firms are discussed.</p>","PeriodicalId":51741,"journal":{"name":"Eurasian Business Review","volume":null,"pages":null},"PeriodicalIF":3.5,"publicationDate":"2024-05-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141196713","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
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