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Purpose – This chapter engages critically with the ideas of corporate social responsibility (CSR) and irresponsibility (CSI) in order to examine their utility for the…
Purpose – This chapter engages critically with the ideas of corporate social responsibility (CSR) and irresponsibility (CSI) in order to examine their utility for the purposes of realizing more socially just and environmentally sustainable social and economic practices.
Methodology/approach – The chapter develops Marx's understanding of the twin pressures of class struggle and inter-capitalist competition in setting the limits of agency for corporate actors. It is thus theoretical and discursive in nature.
Findings – The findings of the chapter suggest that the scope for corporate agency in relation to responsibility/irresponsibility is severely limited by inter-capitalist competition and capitalist social relations. It therefore argues that those interested in social justice and environmental sustainability should focus on these structural pressures rather than theorizing corporate agency.
Social implications – The research suggests that the focus of academic and government attention should be on resolving the contradictions and exploitative social relations inherent in capitalism. Without this emphasis activism, corporate agency and government action will not eradicate the types of problem that advocates of CSR/CSI are concerned about.
Originality/value of paper – The value of the paper is that it contests and engages critically with the utility of the notion of CSR and the emergent concept of CSI. It asks proponents of these concepts to think seriously about the structural pressures and constraints within which business and policy makers act.
In this paper, a two‐sector model of production and reproduction with waste residuals and environmental pollution is developed. Assuming a subsistence real wage rate, a…
In this paper, a two‐sector model of production and reproduction with waste residuals and environmental pollution is developed. Assuming a subsistence real wage rate, a fixed method of production for each sector, a surplus of employable workers, and full utilisation of both produced inputs, the model is solved for aggregate output and employment, the level of environmental quality and the mass of surplus value. An hypothesis is advanced about the impact of recent technical innovations on profitability and environmental quality.
In this work, I deal – based on my memories and reflections on Lachmann’s teaching and the ideas that I discussed with him as my dissertation supervisor and member of his…
In this work, I deal – based on my memories and reflections on Lachmann’s teaching and the ideas that I discussed with him as my dissertation supervisor and member of his weekly departmental seminar – with the following two topics: first, what Lachmann understood by his subjectivist approach to economics and some of its consequences, including the use of the concept of equilibrium in economics; and second, my understanding of Lachmann’s intellectual relationship with Schumpeter. The work also raises questions about the absence in Lachmann’s work of an examination of the role of innovation in the economic process that he analyzed.
While the open innovation concept proposed by Henry Chesbrough a decade ago has had some striking successes, the myriad options for engaging external partners can be…
While the open innovation concept proposed by Henry Chesbrough a decade ago has had some striking successes, the myriad options for engaging external partners can be daunting, so leaders need a guide for getting started that matches the needs of their firm. This paper aims to address this issue.
The paper identifies that innovation processes involve three stages during which the business model elements are conceived and elaborated: idea‐generation, idea‐development, and commercialization. The question for leaders is: “In which of the three stages could your growth efforts benefit from an infusion of external ideas and expertise?”
The open‐innovation approach does not require a company to replace all its current research and development (R&D) efforts. But it does change the primary question leaders should be asking to “How can my company create significantly more value by leveraging external partners to bring many more innovations to market?”
The article shows executives how they can systematically assess an innovation process, understand where new venture business models are weakest, and select the points at which open innovation could add some needed spark.
The article leads executives through two‐step process for introducing a customized open innovation program: step one, assess where your company's innovation process would benefit from external input by using five key questions; and step two, learn how to manage external relationships.
The purpose of this paper is to develop a critical analysis of the innovation discourse, arguing that a more contextualised understanding of the challenges of innovation…
The purpose of this paper is to develop a critical analysis of the innovation discourse, arguing that a more contextualised understanding of the challenges of innovation for development and poverty reduction in low-income economies will help the authors’ to unravel new development opportunities and provide alternatives to conventional capitalist paths to innovation.
The authors offer an integrative review of the literature addressing the topic of innovation emerging from within developing countries. Because existing innovation models are generally presented in ways that reflect practices and thought patterns inherent to the industrialised world, a literature review that offers an initial conceptualisation and synthesis of the literature to date on the theme of innovation from within developing countries provides for a more valuable contribution than a reconceptualization of existing models.
The paper highlights different narratives of innovation, how they emerge and what are their implications. The authors outline a research agenda for generating new knowledge about innovation capabilities in what is generally known as the developing world.
This paper shows that the recent evolution of the discourse of development is increasingly intertwined with elements that originated in other discursive worlds. The last three decades of innovation research have been characterised by a “cross-pollination” between different disciplines: development studies, science and technology studies, business management and organisation studies. By reviewing major research works conducted by scholars in these disciplines, this paper weds literature that heretofore have remained largely isolated from each other. The key innovation narratives that the study unveils – e.g. inclusive growth, bottom of the pyramid, grassroots innovation – address major questions of concern to these academic scholars around the political and socio-technical aspects that influence a firm’s capacity to innovate in the context of developing countries.
The purpose of this paper is to analyze important theoretical work conducted in the research streams of coopetition dynamics and knowledge flows in the area of start-up…
The purpose of this paper is to analyze important theoretical work conducted in the research streams of coopetition dynamics and knowledge flows in the area of start-up entrepreneurship. The authors see in practice that venture capital (VC) firms are a highly essential component of the environment that gives birth to entrepreneurial ventures, helping them to grow profoundly. Interorganizational collaborations facilitate VC firms to be a beneficial partner because except for providing funding, they also possess knowledge-based resources to support the new business.
A systematic review of the literature was conducted, using relevant keywords and academic databases. Then, the backward search was implemented to examine the references of the selected papers, and finally, the forward search to explore the citations of the selected papers. After the selection of papers, they were classified according to their content. A thorough search of the extant literature was done in Scopus and Google Scholar using a combination of keywords such as coopetition, knowledge flows, VC firms, interorganizational and inter-firm knowledge dynamics.
This paper highlights the capability of venture capitalists and provides insights as to how knowledge transfer and sharing between VC firms affect new venture’s growth and prosperity.
This paper attempts to provide new perspectives and explore the significance of interorganizational coopetition and knowledge transfer and sharing between VC firms when they take part in the support and development of new ventures (e.g. start-ups). A theoretical model is proposed via the coopetition dynamics and inter-firm knowledge flows in the VC sector framework.
This paper adds to the existing theoretical knowledge and underlines the topic of interorganizational coopetition and knowledge flows between VC firms. This is the first attempt, on the one hand, to link inter-firm knowledge flows and new venture development, while on the other to examine the dynamics between VC firms and the collective contribution for the growth of start-ups.
Joseph Alois Schumpeter's ideas are in the discussion agenda of various economists working in different theoretical traditions. However, several aspects of his work remain…
Joseph Alois Schumpeter's ideas are in the discussion agenda of various economists working in different theoretical traditions. However, several aspects of his work remain unexplored. In particular, the origin of his ideas in the context of the then prevalent economic theories of the German‐speaking camp, have not been widely discussed. The purpose of this paper is claim that the elaborations of certain German‐speaking heterodox economists and/or schools of economic thought may be traced in Schumpeter's oeuvre.
The influence of the German Historical School and specifically of Gustav von Schmoller, Max Weber and Werner Sombart on typical Schumpeterian themes is examined. In a similar vein, it is argued that Schumpeter's analysis presents striking similarities with the works of the Austro‐Marxist Economist Rudolf‐Hilferding and the Austrian Social Democrat Emil Lederer.
In this context, certain Schumpeterian insights appear less original.
Conclusively, it may be inferred that a deeper understanding of Schumpeterian economic analysis presupposes an acquaintance with certain heterodox theoretical traditions of the German‐speaking world.