The Second Face of Appropriability: Generative Appropriability and its determinants

Author(s):

Gautam Ahuja

 et al.

How firms appropriate value from their inventions is the basis of this research. By introducing the construct of generative appropriability, this paper sheds light on the theoretical and managerial importance of recognising that any invention creates two values - the value of the article itself, and the value relating to its potential for development.

Updated: 10/02/2017
Comments:
Views: 9,495

To what extent is the varieties of capitalism framework transferable? The example of the political economy of Thailand.

Author(s):

Chris Rowley

 et al.

There are common calls for economies to 'upgrade' and 'upskill' and move up the value chain. On this basis, the research here highlights the importance of integration and the inter-locking nature of business systems. It then examines the 'varieties of capitalism' (VOC) in respect of its wider applicability, particularly to Asia, using Thailand as an example. Finally, the influence of national cultural values is highlighted, as they prove a crucial element in any VOC analysis.

Updated: 09/02/2017
Comments:
Views: 9,444

Trust and values in the City


With the recent Occupy movement, the concept of ethics and trust in the City has barely left the news - the perception remains that the City does not serve the wider economy and society.

On October 27th 2011, leading figures came together to discuss a recent initiative to restore trust in the City. The aim of this initiative, established by The Rt Hon The Lord Mayor, Alderman Michael Bear, was to look at practical ways to embed the right values and behaviours in the DNA of every City business and worker.

Updated: 16/12/2014
Comments: 6
Views: 9,417

Risk management before and after the Credit Crunch: how will the crisis change the theory and the practice of investment risk management?

Some risk models failed badly during the credit crunch. Numerous commentators, including Lord Turner in his March 2009 Review, have raised fundamental questions about the validity of Value at Risk (VaR) as a measure of risk. This talk reviews the lessons from the credit crunch. Not all models performed badly but many did, and for a variety of different reasons.

Updated: 06/03/2012
Comments:
Views: 9,352

Different cultures – different expectations: what are the implications for business and management? (part 1)

In this article, human resource management experts, Chris Rowley and Wes Harry, provide knowledge to help businesses and managers to better develop their own effective ways of integrating foreign staff and workers (whether temporary migrants or potential/current residents) or workers from different regions of a country (especially internal migrants and those moving from rural to urban areas) into a more effective, cohesive workforce.

Updated: 05/01/2015
Comments: 22
Views: 9,318

How can Public Services be improved from a HR perspective? When Meaning matters most.

Author(s):

Chris Rowley

 et al.


Every organisation succeeds by delivering value to its key stakeholders. For public agencies, value occurs when citizens receive meaningful services, when policy makers wisely allocate scarce resources to societal demands, when communities have sustainability, and when society norms help individuals prosper. For any organisation to deliver value to stakeholders, it must align internal practices to external demands. We know, for example, that employee attitude inside a company is strongly correlated with customer, investor and community attitudes outside a company.

Human Resources (HR) can help public agencies deliver this value by creating meaning. When we find meaning in the organisations where we work, that personal meaning transfers to value to those we serve. In the public sector, meaning comes when public servants use their strengths to strengthen those they serve.

Updated: 10/02/2017
Comments: 11
Views: 9,299

What discount rate should be used to value a cash-flow linked to final salary?

Estimating the fair value of final salary pension liabilities has increased in importance because of the introduction of market-based accounting standards and the growing significance of pension liabilities in mergers and acquisitions.

Updated: 05/01/2015
Comments: 26
Views: 9,276

The Role of Knowledge Management Strategies and Task Knowledge in Stimulating Service Innovation

Are service firms that enact strategies to manage their new service development knowledge able to generate a sustainable competitive advantage? Based on analysis of data from a large survey of service companies, the answer is yes. We find that companies employing the knowledge management strategies of codification and personalisation reflect higher levels of NSD knowledge. However, the two strategies vary in their individual performance outcomes, with codification promoting NSD proficiency and personalisation promoting greater NSD innovativeness. When used together, the two strategies magnify NSD knowledge, which when combined with NSD proficiency and NSD innovativeness, promote a SCA.

Updated: 09/02/2017
Comments: 8
Views: 9,144

Emerging themes in banking: recent literature and directions for future research

Author(s):

Barbara Casu

 et al.
Industry:
Banking

This paper presents a review of the recent literature in banking around the core themes of performance, risk and governance of financial institutions. We write this review against the backdrop of the recent financial crisis and the major changes it caused to banking sectors in many countries. There are several themes emerging from this review, but the overarching issue relates to the need to better understand bank risk taking incentives and the implications for systemic stability. There is a need for more work on the role of safety net subsidies and how these are linked to systemic risk; financial innovation and the adoption of new products and processes and the linkage to risk-taking, market returns or contagion. There is also a need to better understand the relationship between competition and risk, and understand the interconnections between capital, profitability, liquidity and risk.

Updated: 05/01/2015
Comments: 8
Views: 9,090