Management Dynamics in the Knowledge Economy (E-Journal)
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Knowledge Flows Barriers: An Exploratory Study in the IT Industry
Get PDFAlthough invisible to the individual, knowledge flows are found within any team or department within the organization, whether or not they are used intentionally. Thus, in an organization with an emphasis on knowledge, knowledge flows become the main mechanism for the success of the organization. However, various barriers to knowledge flows often emerge that can make these flows difficult or even stop from their natural course through the organization, often directly affecting the intellectual capital of the organization. For this reason, many organizations are unable to reach their full potential despite efforts to manage knowledge flows effectively. This study aims to outline the main factors hindering the knowledge flows within IT organizations operating in Iasi (Romania) and to analyze statistical links between these factors. For this purpose, a quantitative method was selected, using descriptive analysis, factor analysis, correlation coefficients, and a regression model. The results obtained by this study show that factors acting as barriers to knowledge flows found in the literature cannot be generalized across all organizations. Thus, the way these factors are affecting knowledge flows varies from one organization to another depending on the industry in which they operate
Supply Chain Resilience in a Pandemic: The Need for Revised Contingency Planning
Get PDFOrganizations have worked over the years to develop efficiencies to their supply chains, which includes efforts to reduce waste, lower costs, consolidate suppliers and distributors, better manage costs of goods sold and inventory, develop efficiencies in packaging, storage, and shipping of product, as well as utilizing digital analytics to manage consumer choices and demands. These are all by-products of world-class manufacturing which have promoted systematic organizational and supply chain efficiencies. However, under economic shocks that are sustained over longer periods of time (e.g., Covid-19 Pandemic) and that affect supply chains from a variety of disruptions, a supply chain that is not prepared or adaptable may be broken or at a minimum weigh down the organization. Therefore, the ability to manage and control risk is a key aspect of effective supply chain management. However, the literature on pandemic risk mitigation is nascent. Thus, this paper offers a review of the extant literature, provides a strategic mitigation model covering five dimensions: leadership, preparedness, digitalization, resilience, and pivoting. These dimensions are designed to help organizations in the future to be more adaptive to events such as global pandemics and other large-scale disruptions and discuss implications for future research
Factors Contributing to Work-Related Absenteeism during the COVID-19 Pandemic
Get PDFWorkplace absenteeism is a complex issue that can be caused by various factors which include job dissatisfaction, organizational environment, or personal problems. The study aims to create a brief profile of absenteeism in companies operating in Iasi in the context of the coronavirus pandemic. A quantitative study was conducted to shape the profile of absenteeism, using descriptive statistics and correlation analysis. Findings revealed that employees working in Iasi are prone to absent as a result of attitudinal factors, in particular, autonomy linked to decision making. Organizational factors did not have a significant contribution regarding absenteeism because managers offered support when employees faced difficulties. Working for a living was the personal factor that stood out; this thing being mainly influenced by the current pandemic period. The stress of being laid off or displaced led many employees to ignore professional development. COVID-19 influenced the employees’ decision to miss a workday, the fear of getting infected, or the stress related to the pandemic outlined a behavior known as presenteeism or digital absenteeism for those that worked from home. Implementing social distancing rules prevented physical absenteeism, employees perceived the workplace as a safe environment
The Collaborative Economy through the Lens of Sustainable Tourism. A Regional-Centric View
Get PDFNowadays the tourism industry faces major changes given the vast possibilities for the development of a collaborative economy in tourism that brings forth a new marketplace where consumers rely on each other -changing renting, swapping, and sharing their accommodation locations. The purpose of the present paper is to answer one of the most important challenges of the City of Brașov in Romania, which is the management of the touristic offer. The paper provides a quantitative-qualitative research approach that analyzes - based on semi-structured surveys with the users of collaborative platforms - the perception of travelers concerning the development of collaborative tourism in Brasov County. The management of touristic offer should take into account the pressure that this new type of renting may be exerting on the local economy, especially considering unfair competition on other segments of the tourist market and the change in the physiognomy of the cities of Brașov County
Paul Römer’s 90 Model and South Korean Economic Growth: An Econometric Study
Get PDFThis study aims to apply Paul Römer’s 90 model of economic growth on the case of South Korea during the period 1979-2018 using an econometric study. The study concluded that the labor force has a positive impact on the GDP and this effect increases in the long run by 5 doubles during the study period. For patents, their impact has increased also by 7.46 doubles. While the effect of capital accumulation decreased in the long run. We conclude that the human factor and patents have played a large role in the long run economic growth as stated in the Römer model
The Rise of Public Networks for Economic Inclusion: Strategic Dilemmas Experienced by Flemish SSE-Organizations
Get PDFIn this article, we summarize the dominant experiences, discussions, and judgments of Flemish SSE-organizations joining emerging public multi-actor networks to tackle the socio-economic challenge of economic inclusion. Based on a longitudinal qualitative research track combining case-study research, focus group research and action research (i.e. pilot studies), we recently find out that the initial enthusiasm, willingness and interest of SSE-organizations to participate has gradually been replaced by emerging feelings of cautiousness, disappointment, and frictions. When considering the dominant underlying classical rational management paradigm of these networks, we can better understand the precise nature and origin of these growing frictions. As such, emerging strategic network paradigms seem to provoke serious dilemmas. Based on our research results these frictions relate to (i) the reasons for being invited to participate, (ii) the meaning of related concepts (i.e. quality, professionalism, and innovation), (iii) the assumed disturbance of competition, and (iv) the pressure of isomorphic management model
Intergenerational Learning - a Topic of Discussion or a Reality? Taking a Closer Look at the Academics
Get PDFIn the current sharing economy, intergenerational learning is seen as a solution to the aging society phenomenon. Nevertheless, this field is still in an embryonic stage of development and most studies are either conceptual or based on a qualitative approach. This research concentrates on the academics who analyze the concept of “intergenerational learning” to determine whether they are treating this issue as a research topic or they are actively supporting the process in their daily activity. To achieve this goal, the qualitative and quantitative approaches are combined and a multi-stage research strategy is employed. The latter is dominated by an inductive character which is reflected by the fact that the focus is on analyzing previously researched phenomena from a different perspective. Thus, a documentary study that focuses on the articles published on SCOPUS and Web of Science, during 2008 – 2019, is combined with social network analysis, and the relationships established among the academics are emphasized. The results bring forward that: (i) most academics come from Europe and North America, and they share their knowledge with those who work on the same continent; (ii) most studies regarding intergenerational learning represent the result of the cooperation established between the members of Generation X and Generation Y; and (iii) through intergenerational cooperation, the academics share knowledge regarding education sciences, knowledge management, and human resource management. The results have both theoretical and practical implications. On the one hand, they extend the literature on intergenerational learning by providing an empirical analysis of the intergenerational knowledge flows that are shared among the academics. On the other hand, they ensure the policy-makers that the concept of intergenerational learning is approached from a multi-criteria perspective and it proves that mixed-aged teams are a viable solution for encouraging intergenerational learning
Designing Knowledge Strategies for Universities in Crazy Times
Get PDFThe purpose of this paper is to analyze the challenges universities have during crazy times and to show how to design knowledge strategies to navigate successfully through the changing economic landscape. Crazy times mean times of rapid and unpredictable changes in the economic environment, times of crises, and disruptive phenomena. For such kind of new realities, the deliberate strategies designed for a predictable future cannot help anymore. They should be replaced by emergent strategies, which consider a moving time coming from the future towards us. Universities are knowledge-intensive organizations, and knowledge is a strategic resource. Designing knowledge strategies and integrating them into the university business strategies becomes a new necessity. Our research is based on a conceptual analysis of time perception and strategy design for strengthening the university competitiveness in a changing environment. We make use of the known-unknown matrix and search for those generic strategies which contribute to the renewal of intellectual capital and achieving a competitive advantage in the new global market of higher education. The quest for becoming a world-class university and the pressure of the ranking systems require a special focus on designing and implementing knowledge strategies
A Review of the Management Process with the Mediating Role of the Budget Process on the Performance of Vietnamese SMEs
Get PDFThe SME sector has a large representation within Ho Chi Minh City (HCMC)-Vietnam and it provides a significant contribution in supporting the socio-economic benefits. SMEs in the manufacturing sector within HCMC that participate in the global markets, should embrace and adopt enhanced performance to maximize the overall benefits and outcomes. This will promote the efficient management of the enterprises' overall internal resources in providing competitive equality with global corporations. Therefore, this empirical study analyses and reviews the management process that has adopted the mediating role of the budget process on the SMEs' performance. Based on the review of theories and related studies, it is evidenced that, the management process has incorporated the core-factors namely; business planning, organizational commitment, strategy implementation, managerial control with mediating role of the budget process; these applied core-factors contribute significantly in supporting the SMEs performance within the manufacturing sector of HCMC. Additionally, the outcomes of this empirical study will provide the key-procedures for SMEs such as; high-value knowledge and concepts to restructure their overall management, to gain growth in performance, improve their management capacity, develop their enterprises' sustainability into the new era
Macroeconomic Factors and Capital Markets. Selected Experiences in Central and Eastern Europe
Get PDFThe relationship between capital markets and macroeconomic variables is well documented in developed financial markets, but still developing in emerging financial markets. This paper looks at young financial markets from Central and Eastern Europe, focusing on two markets in the region: Romania and Hungary. Capital markets in these countries are analyzed from the perspective of two of their components: stock exchange markets and mutual funds markets and the effects of five macroeconomic variables (population, GDP/capita, inflation, unemployment, and savings) on the two components assessed. From a methodological point of view, the multiple regression analysis is employed for the period 2003-2019. The analysis is conducted in a comparative manner from two viewpoints: comparing stock exchanges with mutual funds markets and the role played by the macro-level determinants in the development of each and comparing the two national financial markets with one another. The study concludes that macroeconomic factors influence more the development of the stock exchanges than the development of mutual funds and that in the analyzed period, in Romania the impact of the macroeconomic factors on capital markets was stronger than in Hungary