Turnaround strategies of American and Japanese electronics corporations: How do they differ in formulating plans and achieving results?

Greater competitive and economic pressures have made corporate turnaround strategies critical to the survival of many high-technology international business organizations. The traditional differences between American and Japanese firms in the areas of human resources, production, finance, and marketing have recently appeared to converge on some common strategies employed to reverse an adverse corporate situation. American and Japanese high-technology firms are examined in terms of the antecedents, actions, and results of varying levels of turnaround strategy implementation. Survey responses from American and US subsidiaries of Japanese electronics firms illustrate that significant differences exist among levels of strategy implementation in assessing the need for a turnaround strategy, the actions taken to reverse an adverse situation, and the relative success of the actions. In addition to greater capacity utilization, low turnaround plans are generally enacted by redesigning the product or process, but successful high turnaround plans are implemented most often by gain sharing or profit sharing, as well as by eliminating unprofitable products. American firms achieve greater return on investment, operating profit margin, and cash flow, but lower sales growth and less unit labor cost improvement than Japanese corporations. These results are discussed for managerial insights into the strategy formulation process of international high-technology firms for successful competitive advantage.     

Who are the researchers that are collaborating with industry? An analysis of the wine sectors in Chile, South Africa and Italy

Research on University-industry (U-I) linkages and their determinants has increased significantly in the past few years. However, there is still controversy on the key factors explaining the formation of U-I linkages, and especially related to individual researcher characteristics. This paper provides new empirical evidence and, in particular, looks at the importance of researchers’ individual characteristics and their institutional environments in explaining the propensity to engage in different types of U-I linkages. Based on an original dataset, we present new evidence on three wine producing areas - Piedmont, a region of Italy, Chile and South Africa - that have successfully responded to recent structural changes in the industry worldwide. Empirical findings reveal that researchers’ individual characteristics, such as centrality in the academic system, age and sex, matter more than publishing records or formal degrees. Institutional specificities at country level also play a role in shaping the propensity of researchers to engage with industry.     

Government centrality to university–industry interactions: University research centers and the industry involvement of academic researchers

This paper uses data from a national survey of academic researchers in the US to detect how different types of university research centers affect individual-level university–industry interactions. The results suggest that while affiliation with an industry-related center correlates positively with the likelihood of an academic researcher having had any research-related interactions with private companies, affiliation with centers sponsored by government centers programs correlates positively with the level of industry involvement, no matter whether these centers additionally have ties to private companies. The analysis takes the “scientific and technical human capital” approach, which draws from theories of social capital and human capital and proves useful for framing the institutional and resource-based perspectives that characterize much of the literature on university–industry interactions. The scientific and technical human capital approach is taken because its emphasis on the research capacities of individual academic researchers provides a more direct explanation of government centrality to academic researchers’ industry involvement than provide either the resource-based or institutional views. Implications for policy and management as well as for future applications of the scientific and technical human capital approach are discussed.     

How do foreign firms patent in emerging economies with weak appropriability regimes? Archetypes and motives

Foreign firms patent in emerging economies with weak appropriability regimes at an increasing rate. This phenomenon constitutes a paradox since in such a setting foreign firms should have weak incentives to patent. In an attempt to resolve this paradox, we conducted an inductive analysis of 11 foreign firms that patent in such a setting, using the case of China as our empirical context. We identify four archetypes of foreign firms and three key antecedents the interaction of which determines which archetype a firm can be subsumed under.Our study complements the developed-economy focus of the extant appropriation literature by adding an international perspective. We extend previous econometric studies by identifying salient factors on the firm level that determine the extent to which a foreign firm patents in emerging economies with a weak appropriability regime, highlighting that the extent of a firm's motivation to maintain its freedom to operate can supersede imitability concerns. We also comment on the practical implications of these contributions for managers of foreign firms. Highlighting a structural conflict of interest between foreign firms from developed economies and the development goals of an emerging economy, we point to the generalizability of our results to a wide range of other emerging economies worldwide.     

How do you mean `global'? An empirical investigation of innovation networks in the multinational corporation

Literature on technological activity in the multinational corporation has recently emphasized the overall advantages from establishing internationally dispersed technological capabilities. This paper builds a taxonomy of innovation networks in the multinational corporation, differentiating between international duplication and international diversification of advanced technological capabilities. Cluster analysis of major Swedish multinationals suggests significant differences in the geographical dispersion of technological capabilities, implying different approaches to the upgrading of competitive advantage and unequal pre-conditions for becoming engaged in internationally integrated research efforts.     

How do legal surprises drive organizational attention and case resolution? An analysis of false patent marking lawsuits

Legal surprises are unexpected suits or actions in which plaintiffs rely on claims or precedents that may be obscure, unfamiliar, or unknown to the defendants. Our study explores false patent marking suits, a unique type of patent-related legal surprise involving allegations of defendants marking products with ineligible patent numbers to deceive customers and/or deter competitors. An abrupt shift in U.S. Federal Courts’ interpretation of intellectual property rights (IPRs) policy amplified plaintiff incentives for filing these suits while escalating defendant penalties for proven violations. Handling costly legal surprises such as false patent marking suits requires focused attention from managers. Our core premise is that temporal and evidential cues in the timelines and storylines of plaintiffs’ legal narratives in surprise suits attract defendants’ organizational attention. We hypothesize about temporal focus (past, present, and future) and evidentiary reasoning (relevance, credibility, and inferential power) as attention cues and possible predictors of the mode (litigation or negotiation) and timing of case resolution. We apply automated content analysis to official court records for 992 false patent marking cases (2009–2011) and quantify competing risks using hazard models. We find that differences in temporal focus and evidentiary reasoning in the legal narratives of surprise suits are significant predictors of case resolution mode and timing. We also find that defendants countersuing to redirect plaintiffs’ attention is an effective negotiating tactic. We discuss the economic significance and strategic implications of our empirical findings on legal surprises, attention, case resolution mode and timing, and the unintended consequences of IPR policy changes.     

How do Miles and Snow's strategic types differ in their knowledge assets? Evidence from Italian SMEs

This paper takes a knowledge-based view of firms and discusses the importance of linking organizational knowledge assets into corporate strategy. In order to conceptualize knowledge assets, the paper adopts the intellectual capital (IC) framework, which distinguishes three IC components: human, structural and relational capital. As regards business strategy, the paper adopts Miles and Snow's model, which identifies three strategic types of successful organizations: Defenders, Analysers and Prospectors. The paper explores the ways in which the three strategic types differ in weighting the single components of their IC. This study represents an attempt to extend the Miles and Snow typology including the aspect of knowledge assets. The link between knowledge asset management and strategy is investigated by means of three case studies conducted in Italian small and medium enterprises from the food sector. The paper argues that firms of different Miles and Snow strategic types have different mix of IC components.     

How does openness influence the impact of a scholar’s research? An analysis of business scholars’ citations over their careers

How do the effects of cognitive openness and structural openness on the research impact of business scholars vary over their careers? By analysing a longitudinal sample of 35,296 scholars who published in business and management journals, we show that the cognitive openness and the structural openness of business scholars have non-linear relationships with their research impact. In particular, we found that, whereas moderate levels of cognitive openness and structural openness are desirable for increasing young scholars’ citations, a high level of cognitive openness and a low level of structural openness contribute to senior scholars’ citations. This study contributes to our understanding of different search behaviour across business scholars’ career paths and its implications for scholars’ research impact.     

Do your friends make you smarter?: An analysis of social strategies in online information seeking

Prior research in the social search space has focused on the informational benefits of collaborating with others during web and workplace information seeking. However, social interactions, especially during complex tasks, can have cognitive benefits as well. Our goal in this paper is to document the methods and outcomes of using social resources to help with exploratory search tasks. We used a talk-aloud protocol and video capture to explore the actions of eight subjects as they completed two “Google-hard” search tasks. Task questions were alternated between a Social and Non-Social Condition. The Social Condition restricted participants to use only social resources—search engines were not allowed. The Non-Social Condition permitted normal web-based information sources, but restricted the use of social tools.     

How do collaborations with universities affect firms’ innovative performance? The role of “Pasteur scientists” in the advanced materials field

This article aimed to identify the effect of university-industry (U-I) collaborations on the innovative performance of firms operating in the advanced materials field, and by doing so, it proposed an original classification of the research organization partners. The main contribution resides in the estimation of the role played by collaborations with differently experienced scientists. In contrast with previous studies, whose empirical setting was the life science industry, in the advanced materials industry the most effective collaborations are not with “Star scientists”, but with “Pasteur scientists”. The latter concept was empirically tested first by the authors of this article, to deepen the present understanding of industrial heterogeneity in innovation processes and to offer new insights for the formulation of corporate innovation strategies. The results of the estimation of a negative binomial regression model applied to a sample of 455 firms active in the photocatalysis in Japan confirm the idea that engaging in research collaborations, measured as co-invention, with “Pasteur scientists” increases firms’ R&D productivity, measured as number of registered patents. In contrast, we found that firms’ collaborations with “Star scientists” exert little impact on their innovative output.     

Rewriting and the Original Work——An analysis of the adapted version of Outlaws of the Marsh

One of the best known and best loved of the ancientChinese novels to have come down through the ages, ShiNai’an’s Outlaws of the Marsh is based on a peasant up-rising which took place in the reign of Hui Zong, a SongDynasty emperor who ruled from 1101 t…     

Complements or substitutes? The role of universities and local context in supporting the creation of academic spin-offs

In this paper, we analyze the extent to which University-Level Support Mechanisms (ULSMs) and Local-Context Support Mechanisms (LCSMs) complement or substitute for each other in fostering the creation of academic spin-offs. Using a sample of 404 companies spun off from the 64 Italian Science, Technology, Engineering, and Mathematics universities (STEM universities) over the 2000–2007 period, we show that the ULSMs’ marginal effect on universities’ spin-off productivity may be positive or negative depending on the contribution offered by different LCSMs. Specifically, in any given region, ULSMs complement the legislative support offered to high-tech entrepreneurship whereas they have a substitution effect with regard to the amount of regional social capital, regional financial development, the presence of a regional business incubator, regional public R&D expenses as well as the level of innovative performance in the region. Results support the idea that regional settings’ idiosyncrasies should be considered for universities to develop effective spin-off support policies. This paper contributes to the debate on the evaluation of economic policies supporting entrepreneurship.     

The effect of government contracting on academic research: Does the source of funding affect scientific output?

The growing share of university research funded by industry has sparked concerns that academics will sacrifice traditional scholarly activities to pursue commercial goals. To investigate this concern, I examine the influence of an applied sponsor and consider limitations of the grant funding mechanism. A novel dataset tracks the careers of academic engineers and their relationships with this sponsor. I find that (a) researchers who maintain a relationship with the directed sponsor experience a decrease in publications implying that academics’ careers may be a function of the type of funding received, not only talent; (b) academic merit does not necessarily serve as a funding criterion for sponsors; and (c) citation and publication measures of academic output are often not useful proxies for short-term commercial or social value.     

How do policy instruments generate new ones? Analysing policy instruments feedback and interaction in educational research in England, 1986-2014

The study of research funding arrangements and the production of scientific knowledge has been marked by a lack of understanding about how research funding instruments interact and how these instruments shape policy-making and research fields. To fill this research gap, this study is theoretically supported by policy feedback and policy instruments’ interaction studies. It investigates the effects of the UK's research assessment exercise in the creation of the most emblematic national thematic research program for the field of educational research in the country – the Teaching and Learning Research Programme (TLRP). Based on qualitative analysis of policy documents and semi-structured interviews with policy-makers and boundary-spanners, this paper shows how the research assessment exercise contributed to the creation of the TLRP and how the interaction between the two policy instruments shaped the field of educational research in England. In particular, the results show a) how the institutionalisation of the research assessment led to frame a “quality problem” in educational research that legitimated several policy initiatives, including the creation of the national thematic research programme (interpretative effects) and a shift in resources allocation (resource/incentive effects); and b) how the interaction between the two policy instruments contributed to methodological and epistemic drifts in the field of educational research.     

How do business model and health technology design influence each other? Insights from a longitudinal case study of three academic spin-offs

Academic spin-offs often lack business expertise, face uncertainties regarding their innovation and their markets, and do not have a clear idea of how their product will create value. In spite of this vagueness, academic entrepreneurs must articulate a business model and rapidly establish trustworthy relationships with potential users, purchasers and capital investors. One may thus wonder how their technology development process is influenced by the long-term expectations of their putative customers as well as the short-term requirements of capital investors? This longitudinal case study examines how the business models of three Canadian health technology spin-offs sought to address the value expectations of clinical users and capital investors, how tensions were resolved, and the impact this had on technology design. We describe the synergistic readjustments, drastic reconfiguration and mismatch between business model and technology design we observed. Our discussion highlights the mediating mechanisms by which business models and technology design influence each other, clarifying why the initial value proposition of the spin-offs was either refined or reframed. Beyond confirming the importance of differentiating business models in the health technology industry, our study suggests that it is not only who makes decision that matters, but also how stakeholders’ value expectations get embedded in a spin-off's value proposition.     

From the open road to the high seas? Piracy,damnation and resistance in academic consumption of publishing

Armin Beverungen conducts research on how universities retain their charitable status in a market environment, and on the teaching of ethics in business schools. Steffen Böhm has a particular interest in the economics and management of sustainability. He has also founded an open access journal and an open access press, MayFlyBooks. Christopher Land works on artists and the management of their creativity.     

Under what conditions do firms benefit from the research efforts of other organizations?

Although R&D spillovers play a key role in the battle for technological leadership, it is unclear under what conditions firms build on and benefit from the discoveries of others. The study described here empirically examines this issue. The findings indicate that, depending on technological opportunities, firm size and competitive pressure, the net impact of R&D spillovers on productivity can be either positive or negative. Specifically, we find that although spillover effects are positively associated with the technological opportunities that a firm faces, this relationship is reversed when firm size is considered. Whilst external R&D affects large self-reliant firms negatively, its impact on the productivity of smaller firms (who usually introduce incremental innovations that are characterized by a strong reliance on external technologies) is positive, and even higher than that of their own R&D. We also demonstrate that the economic payoff for firms’ own R&D is lower when they face intense competition. In cases of low-appropriability, however, spillover effects are more positive, allowing firms to increase their performance using the inventions of others.     

Hand in hand to Nowhereland? How the resource dependence of research institutes influences their co-evolution with industry

The linkages between science and industry have long been of interest to scholars studying technological change. Recent studies demonstrate that resource exchange between science and industry may lead to patterns of co-evolution, with major implications for the rate and direction of innovation. However, we currently know very little about how the dynamics of co-evolution between research institutes and industry are influenced by organizational characteristics. To address this shortcoming, in this paper we draw on a comparative case study of the world's two largest research institutes for solar photovoltaic power and study how differences in their financial resource dependence influence patterns of co-evolution. We demonstrate that when a research institute is heavily reliant on industry funding, it leads to close co-evolution of science and industry, thereby raising the risk of a mutual lock-in into specific technologies. A heavy reliance on public funding, on the other hand, contributes to the decoupling of science and industry evolution, which entails the risk of research having limited impact on practice. By developing a framework that shows how co-evolution between science and industry is affected by resource dependence, our study contributes to the literature on science-industry collaboration, co-evolution, and technological paradigms. Moreover, our study bears important implications for policy makers and managers of research institutes interested in spurring technological change.     

Do teams need both hands? An analysis of team process ambidexterity and the enabling role of information technology

As a core organizational resource, business processes are vital for organizational teams. To deal with today’s volatile business environment, organizations need to be ambidextrous in terms of process capabilities. However, little is known about how process ambidexterity, process standardization, and process agility, are enabled by information technology (IT) and related to team-level activities. To fill this gap in the literature, we conducted a field study based on 160 teams of 1081 individuals from seven companies in South Korea. Our results show that IT enables both process standardization and agility, and that a team’s process ambidexterity has a positive effect on inter-team coordination and team innovation, which in turn have a direct impact on team performance. Our findings highlight the importance of process ambidexterity by investigating the enabling role of IT and its outcomes in a team. Our results offer theoretical and practical implications from the perspective of team process ambidexterity.