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Multinational Enterprise and Subsidiaries’ Absorptive Capacity and Global Knowledge Sourcing
(Springer Berlin Heidelberg, 2011)We build on extant theory of the Multinational Enterprise (MNE), MNE subsidiaries and absorptive capacity (AC) to develop a framework that allows us to explore the role of MNE subsidiaries in the global sourcing of knowledge ... -
The interrelationship between HR, strategy and profitability in service SMEs: empirical evidence from the UK tourism hospitality and leisure sector
(London School of Economics and Political Science, 2010)We investigate the strategies, HR attributes and their synergies that are associated with superior performance in service SMEs using data from the UK Tourism Hospitality and Leisure (THL) ... -
Open innovation and the management of intra-firm conflict
(MRPA, 2009)We analyse the hitherto unexplored relationship between intra-firm conflict between the research and development (R&D) department and central management, conflict a lleviation and the choice of ‘open’ versus ‘closed’ ... -
Innovation Governance For Value Capture-The Problem and a Proposed Simple Model-based Solution.
(Inderscience Publishers, 2009)We aim to model the 'optimal' choice on internal vs. external innovation for value capture of different-sized firms, in the context of multilevel bargaining. We find that size differentials are a major determinant for the ... -
The Impact of Employees' and Managers' Training on the Performance of Small‐and Medium‐Sized Enterprises: Evidence from a Randomized Natural Experiment in the UK Service Sector
(Wiley Online Library, 2016-06)We investigate the relationship between employees’ and managers’ training and firm performance using a policy intervention that randomly assigned training support to small- and medium-sized enterprises in the UK accommodation ... -
European Competition and Industrial Policy: An Assessment and a New Framework
(Springer, 2010-11-23)This chapter discusses alternative perspectives on private–public interactions and supply-side competition and industrial policies in theory and in practice. It also critically assesses recent European policies in this ... -
Edith Penrose, Organisational Economics and Business Strategy: An Assessment and Extension
(Wiley, 2005-03)The article examines the career of Edith Penrose, who published the book "The Theory of the Growth of the Firm" in 1959. The author discusses the theory of the growth of firms (TGF), and how it relates to the size of firms, ... -
Transaction costs, markets and hierarchies
(wiley & sons, 1994) -
Entrepreneurship, Capabilities, and Public Organizations
(Illionois education, 2011)States, state agencies, multilateral agencies, and other non-market actors are relatively understudied in the strategic entrepreneurship literature. While important contributions examining public decision makers have been ... -
Competitiveness, catching-up and the role of foreign direct investment and clusters
(Onassis Foundation, 2010)n this paper, we explore the role of foreign direct investment (FDI) and clusters of Small and Medium-sized Enterprises (SMEs) on the competitiveness of emerging economies and economic integration. We structure the paper ... -
The competitive advantage and catching-up of nations: a new framework and the role of FDI, clusters and public policy
(Springer, 2011)We critically assess extant theory of the competitive advantage and catching-up of nations. We then propose a novel framework and explore the role of FDI, clusters and public policy in its context. We suggest that scholarship ... -
The Political Economy of the MNE, Globalization and Development in the History-Informed Theory of Edith Penrose
(Cambridge University Press, 2011)The paper assesses the contribution of Edith Penrose to the theory of the multinational enterprise (MNE) and the political economy of globalisation and development as they relate to (her views on) business history, on ... -
Globalization, development, and history in the work of Edith Penrose
(Cambridge University Press, 2011)Edith Penrose's work on the multinational enterprise and the political economy of globalization and development is assessed as it relates to her views on business history. This essay was written on the occasion of the ... -
The Substitutability Between Discretionary and Contractual Saving and the ‘Propensity’ to Save Profit and Wage Income in the UK
(Palgrave Macmillan Journals, 1987-01)The aim of this paper is to test the substitution hypothesis of saving according to which household regard their contractual saving (eg pension funds and/or corporate retained earnings) as full substitutes for their ... -
The Public−Private Nexus in Organizational Economics and the Challenge of Sustainable Value Creation
(Taylor & Francis, 2013)This article explores the scope for cross-fertilization between extant alternative organizational economics perspectives on the private−public nexus. It is suggested that there is substantial scope, which has gone ... -
Human resources and SME performance in services: empirical evidence from the UK
(Taylor n Francis, 2012-02)We investigate the relationship between Human Resources (HR) and superior firm performance, as well as the role of business strategy as a key mediating factor of this relationship, for Small and Medium Sized Enterprises ... -
On Capital Shortages and European Unemployment: A Panel Data Investigation
(Taylor & Francis, Ltd., 2003)In view of the little attention that the relationship between capital stock and unemployment has received, this paper aims at exploring the relationship between those two variables. A Post Keynesian framework comprising a ... -
Edith Penrose and a Learning-Based Perspective on the MNE and OLI
(Springer, 2007)This paper applies insights from Edith Penrose's work to extant theory of the multinational enterprise (MNE) as enveloped by John Dunning's Ownership, Location, Internalization (OLI) Paradigm. The paper suggests that ... -
Transaction costs versus resource value?
(Emerald Group Publishing Limited, 1999-06)Two major advances in the theory of the firm and (micro)economics more generally are arguably transaction costs economics (TCE) and the theory of firm resources. TCE has originally been applied to the theory of the firm, ... -
The political economy of European anti-trust and industrial policy
(SSRN, 2010-07-26)We build on extant theory of the MNC, MNC subsidiaries, absorptive capacity and Penrose's concept of 'productive opportunity' to develop a framework on the MNC and absorptive capacity (AC) that allows us to explore the ... -
The Multinational Corporation and the global sourcing of knowledge: Remodeling absorptive capacity
(2009)We build on extant theory of the MNC, MNC subsidiaries, absorptive capacity and Penrose’s concept of ‘productive opportunity’ to develop a framework on the MNC and absorptive capacity (AC) that allows us to explore the ... -
THE ECONOMIC ORGANIZATION OF PUBLIC ENTREPRENEURSHIP
(2009)This paper explores how management theories can be extended and applied to innovation, experimentation, and creativity in the public domain. Researchers in various disciplines have studied public entrepreneurship, but there ... -
Stephen Hymer, the Multinational Firm and ‘Multinational Corporate Capital
(Cambridge University Press, 2005)We critically assess the contribution of Stephen Hymer to the theory of the multinational enterprise (MNE) and the political economy of multinational corporate capital. We suggest that as concerns the theory of the MNE, ... -
Rejuvenating ‘Old Europe’: Towards a Strategy for Reindustrialisation and Sustainable Competitiveness
(Oxford Academic Press, 2014-06-10)We draw on the theory and practice of international competitiveness and developmental industrial policy (DIP), in order to propose a strategy for reindustrialisation and sustainable European international competitiveness.We ... -
Regional Growth and Convergence in the UK: the Role of MNE Subsidiaries and Domestic Firms
(MPRA, 2015-11-19)This paper explores the relative effects of Multinational Enterprises’ (MNEs) subsidiaries to domestic firms (DOMS) on regional productivity growth in the UK. We combine regional and firm level data to explore the relative ... -
On ‘The Metamorphosis of (the Theory of) the Firm’: An Introduction
(pitelis 2009 institutional,, 2009-01)Extant views of (shareholder) value, (corporate) governance, and competitiveness have a narrow view of ‘agency’, a poorly developed theory of value and pay little attention to sustainability. In this paper we develop a ... -
Institutional Diversity, Agency and Governance for Sustainable Value
(2009)Extant views of (shareholder) value, (corporate) governance, and competitiveness have a narrow view of ‘agency’, a poorly developed theory of value and pay little attention to sustainability. In this paper we develop a ... -
HRM practices and knowledge processes outcomes: empirical evidence from a quasi-experiment on UK SMEs in the tourism hospitality and leisure sector
(Centre for Economic Performance, London School of Economics and Political, 2008)This paper presents empirical evidence of the relationship between human resources practices and the effectiveness of a firm to capitalise on investment in knowledge as measured by the returns to innovation and business ... -
Factors influencing the Internationalisation of Firms: Micro Foundations of Macro Determinants
(2009)We draw on insights from the theory of the multinational enterprise (MNE) to explain outward investment and (thus) internationalisation. We claim that micro insights from the work of Stephen Hymer, Edith Penrose and other ... -
Determinants of MNE Subsidiaries Decisions to Set Up Own R&D Laboratories - Theory and Evidence
(SSRN, 2007-12)We explore the determinants of MNE subsidiaries decisions to set-up own R&D laboratories drawing on evidence from UK regions. In this context, we also test for the interaction between firm's internal and external environments. ... -
CSR-Based Positioning Strategies, National Competitiveness, and the Role of Innovation
(SSRN, 2011)The link between Corporate Social Responsibility (CSR) and competitiveness has been examined mainly at the business level. The purpose of this paper is to improve theoretical understanding and provide empirical evidence ... -
Transaction Costs and the Historical Evolution of the Capitalist Firm
(Taylor & Francis, Ltd., 1998-12)An attempt is made to critically assess the contribution of transaction costs economics (TCE) in explaining the nature of the firm. TCE suffers from conceptual problems and lacks a historical-evolutionary basis. The pursuit ... -
Stephen Hymer's contribution to international business scholarship: an assessment and extension
(Palgrave Macmillan Journals, 2008)We assess Stephen Hymer's contribution to the theory of the multinational enterprise and to international business (IB) scholarship. We focus on Hymer's evolving analytical framework, and assess it in terms of its internal ... -
A Knowledge: Learning-Based Perspective on Foreign Direct Investment and the Multinational Enterprise
(Springer, 2011)We apply insights from Edith Penrose’s work to extant theories of Foreign Direct Investment (FDI) and the multinational enterprise (MNE) as developed by John Dunning’s Ownership, Location, Internalization (OLI) Paradigm, ... -
A Conceptual Framework for Firm Cooperation and Clusters and Their Impact on Productivity and Competitiveness
(2007)In this chapter we will attempt to develop a conceptual framework for clusters of SMEs, mainly based on the insights of Penrose and Richardson. Building on this framework, we will then move on to examine the effect of ... -
Who Needs CSR? The Impact of Corporate Social Responsibility on National Competitiveness
(Springer, 2014)The link between corporate social responsibility (CSR) and competitiveness has been examined mainly at the business level. The purpose of this paper is to improve conceptual understanding and provide empirical evidence on ... -
A Behavioral Resource-Based View of the Firm: The Synergy of Cyert and March (1963) and Penrose (1959)
(Informs Publication, 2007-06)Cyert and March’s (1963) seminal behavioral theory is one of the two major economics-based theories of the firm that goes inside the “black box” (the firm)—the other being the contribution of Edith Penrose. The two theories ... -
Barriers to Mobility in Europe's Civil Aviation Markets: Theory and New Evidence
(Springer, 2002-03)A questionnaire-based survey is applied to investigate the perception of mobilitybarriers by European airline managers. Whilst the liberalisation of Europe's airline markets removed regulatory mobility barriers, we find ... -
Cross-border Market Co-creation, Dynamic Capabilities and the Entrepreneurial Theory of the Multinational Enterprise
(Oxford University Press, 2010-03-05)The concepts of asset co-specialization and dynamic capabilities have been instrumental in furthering the organization and strategy scholarship agenda, but have so far had limited impact to the theory of the MNE and FDI. ... -
Corporate Retained Earnings and Personal Sector Saving: A Test of the Life- Cycle Hypothesis of Saving.
(Taylor & Francis, 1987-02)The dynamic personal saving function proposed by Swamy (1968) nests in a common framework, the life-cycle hypothesis (LCH) and the Houthakker-Taylor (1970) model of saving. Having accounted for a limitation of the generality ... -
Toward a theory of public entrepreneurship
(EURAM Macmillan Publishers Ltd., 2010)This paper explores innovation, experimentation, and creativity in the public domain and in the public interest. Researchers in various disciplines have studied public entrepreneurship, but there is little work in ... -
A note on Cyert and March (1963) and Penrose (1959): A case for synergy
(MPRA, 2007)Cyert and March’s 1963 seminal book is one of the two major economics-based theories of the firm that goes inside the ‘black box’ (the firm) – the other being the contribution of Edith Penrose. The two theories have ... -
Beyond the Nation-State?: The Transnational Firm and the Nation-State
(Sage Publication, 1991-03)This paper analyses the relationship between the transnational firm and the nation-state in capitalist economies. Following a critical appraisal of mainstream and radical theories of the transnational firm and the ... -
An Econometric Analysis of the Determinants of Capacity Expansion Investment in the West European Chemical Industry
(wiley & sons, 1995)Capacity expansion investments by oligopolistic firms is arguably one of their most important strategic decisions. It may have significant implications on the firms themselves as well as on their existing and potential ... -
Location-based pricing and channel selection in a supply chain: a case study from the food retail industry
(Springer, 2018-09-03)Many retailers nowadays operate in an Internet-enabled dual-channel supply chain setting, referred to as “click and mortar”. In such a structure, products and services are delivered through both online B2C (business-to-consumer ... -
A Framework for Mining RFID Data From Schedule-Based Systems
(IEEE, 2016-05-19)A schedule-based system is a system that operates on or contains within a schedule of events and breaks at particular time intervals. Entities within the system show presence or absence in these events by entering or exiting ... -
Cross-cultural training: a crucial approach to improve the success of expatriate assignment in the United Arab Emirates
(Inderscience Enterprises Ltd., 2018)Expatriate training and development is progressively turning into a crucial human resource development issue for the multinational corporations (MNCs). The motivation for this study is to explore the ... -
Wind Turbine Accidents: A Data Mining Study
(IEEE, 2016-06-10)While the global production of wind energy is increasing, there exists a significant gap in the academic and practice literature regarding the analysis of wind turbine accidents. This paper presents the results obtained ... -
HRM practices and organizational performance in the UAE banking sector: The mediating role of organizational innovation
(Emerald Group Publishing Limited, 2016)Purpose – The purpose of this paper is to examine the impact of human resource management (HRM) practices on organizational performance in the banking sector in the United Arab Emirates (UAE), to test the mediating impact ... -
Stock Price Volatility and Dividend Policy in Jordanian Firms
(SSRN, 2015)This paper examines the relationship between stock prices and dividend policy. To test the relationship, it uses multiple least square regressions for its analysis. The model developed for this research evaluates the ...
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