1,721,129 research outputs found
Turning Public into Private: How Regional Social Capital Amplifies Entrepreneurs' Network of Innovation
No full textRegional social capital is a collective asset and represents the level of social connection and interaction within a given community. Entrepreneurs’ social capital is an individual asset and represents the investment that entrepreneurs make in order to build their social networks. We focus on the relationship between regional social capital, entrepreneurs’ social capital, and firms’ innovation using a unique data set that combines public data with survey data. The results show that entrepreneurs’ social capital positively affects firms’ innovation and that regional social capital represents an external contingency that positively moderates the relationship between an entrepreneur’s social capital and innovation. Being located in an area characterized by a high degree of geographically bound social capital increases the effectiveness of entrepreneur’s social capital on firms’ innovation
Managing knowledge in loosely coupled networks: Exploring the links between product and knowledge dynamics
No full textThis paper explores the implications of specialisation in knowledge production for the organisation and the boundaries of the firm. It argues that the definition of boundaries of the firm in terms of the activities performed in-house does not recognise that decisions to outsource production and other functions are different from decisions to outsource technological knowledge. In particular, multitechnology firms need to ‘know more than they do’, in order to cope with imbalances caused by uneven rates of development in the technologies they rely on, and with unpredictable product-level interdependencies. By knowing more than they do, multitechnology firms co-ordinate loosely coupled networks of suppliers of equipment, components and specialised knowledge, and maintain a capability for systems integration. The networks enable them to benefit from the advantages of both integration and specialisation. Developments in aircraft engine control systems are the basis of these propositions, which also apply to other products
The emerging signalling effect of a hybrid organizational and business model. Do Benefit Companies obtain more external finance?
No full textThe study aims to analyse the ability of hybrid organizational and business models to improve the access to the external finance. In detail and based on the signalling theory, it has been hypothesized that firms adopting a growing form of hybrid organizational model, i.e. the Benefit Company, can potentially obtain more external finance in form of debt by signalling to investors their status of CSR oriented firm. The findings from a sample of 954 Italian companies analysed in the period 2009–2018 show that the adoption of the Benefit Company's model has a positive effect only on the overall availability of finance, while the rate of short-debt seems to be not affected by the adoption of the analysed hybrid-organizational model
Le risorse immateriali nel bilancio delle imprese - report di ricerca Università Bocconi/PWC
No full textTrapped by over-embeddedeness: the effects of regional social capital on internationalization
No full textThe central claim in this paper is that home geography, in terms of potential social capital, facilitates individual firms’ international involvement in markets for goods and technology. Beyond a certain level, however, potential social capital may induce firms to become trapped in their home region such that the degree of international involvement decreases. We also conjecture that firms’ research and development investment moderates the relationship between potential social capital and the degree of international involvement, but with different signs for each market. Exploiting a representative sample of around 2,000 Italian manufacturing firms, we find support for our arguments
Knowledge specialization, organizational coupling, and the boundaries of the firm: Why do firms know more than they make?
No full textThis paper uses an analysis of developments in aircraft engine control systems to explore the implications of specialization in knowledge production for the organization and the boundaries of the firm. We argue that the definition of boundaries of the firm in terms of the activities performed in house does not take into account that decisions to outsource production and other functions are different from decisions to outsource technological knowledge. We show that multitechnology firms need to have knowledge in excess of what they need for what they make, to cope with imbalances caused by uneven rates of development in the technologies on which they rely and with unpredictable product-level interdependencies. By knowing more, multitechnology firms can coordinate loosely coupled networks of suppliers of equipment, components, and specialized knowledge and maintain a capability for systems integration. Networks enable them to benefit from the advantages of both integration and specialization. Examples from other industries extend to other contexts the model we develop
Internazionalizzazione, trasformazione delle core competence e post crisi economica: il caso della Bimal Srl
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