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Article
Publication date: 1 February 1993

VINCENT PORTER and MARTIN GABRIEL

As the Council of Europe and the European Community (EC) both failed to introduce a standard right of reply for transfrontier television broadcasts, national systems prevail. They…

Abstract

As the Council of Europe and the European Community (EC) both failed to introduce a standard right of reply for transfrontier television broadcasts, national systems prevail. They present no underlying theme common to all jurisdictions. Many EC states offer a complainant the right to have his or her own corrective answer broadcast. A uniform provision for this could have been agreed or failing that, a protocol for a simpler right of correction. The UK Government's unwillingness to accommodate any such rights blocked progress towards standardising procedures. As a result, there is now confusion over the meaning of a right of reply for transfrontier broadcasts and how it should be exercised.

Details

Journal of Financial Regulation and Compliance, vol. 1 no. 4
Type: Research Article
ISSN: 1358-1988

Abstract

Details

Business and Management Doctorates World-Wide: Developing the Next Generation
Type: Book
ISBN: 978-1-78973-500-0

Book part
Publication date: 1 January 2008

Gary Cook and Naresh Pandit

Within academic literature, there has been a burgeoning of literature in the field of economic geography which has centred on the nature of local concentrations of economic…

Abstract

Within academic literature, there has been a burgeoning of literature in the field of economic geography which has centred on the nature of local concentrations of economic activity, with particular interest on those which are most dynamic, variously styled as clusters (Porter, 1990; Swann, Prevezer, & Stout, 1998), innovative milieux (Camagni, 1991), industrial districts (Piore & Sable, 1984), new industrial spaces (Scott, 1988) and nodes (Amin & Thrift, 1992). Such intense interest among geographers stands in contrast to the relatively more muted impact within the management, and more specifically, the strategy field (Audretsch, 2000). What makes this particularly odd are firstly, the intense interest of policy makers that has been stimulated by the seminal work of Porter (1990), and secondly the manifest claim and implication of much of the extant literature that the existence of dynamic clusters is at once both a result of corporate strategies and also a vital consideration which should inform strategic thinking. This chapter assesses the extent to which one of the UK's most successful clusters behaves in ways which are consistent with Porter's positive statements about the nature of clusters. In doing so, the chapter will consider insights which the wider literature offers on how and when concentrations of economic activity will give rise to superior performance, at least among some of the firms located there, which do not feature prominently in Porter's thinking. In particular, it will explore Martin and Sunley's (2003) critique of Porter's clusters concept and its utility as a basis for regional development policy. It will also consider recent contributions which claim that the resource-based theory (RBT) of the firm offers a superior framework for thinking about the strategic implications of clusters for corporate strategy, rather than the more industrial organization-based lens through which Porter views this issue. This chapter concludes that a synthesis is warranted rather than an attempt to claim that one view is correct and the other wrong.

Details

New Technology-Based Firms in the New Millennium
Type: Book
ISBN: 978-0-0805-5448-8

Article
Publication date: 29 June 2012

Brian Leavy

This “Masterclass” aims to guide executives through three complementary sets of insights into what is fundamentally wrong with the current model of capitalism, and the specific

2513

Abstract

Purpose

This “Masterclass” aims to guide executives through three complementary sets of insights into what is fundamentally wrong with the current model of capitalism, and the specific actions that they can take to create long‐term economic and social value.

Design/methodology/approach

Three sets of insights are compared: Fixing the Game by Roger Martin; “Creating shared value” in Harvard Business Review by noted strategists Michael Porter and Mark Kramer; and Higher Ambition by Michael Beer and his co‐authors.

Findings

Martin tracks the evolution of “shareholder capitalism” during the latter part of the 20th century and explains why it has become so detrimental. Porter and Kramer show business leaders how to restore credibility to capitalism by adopting a view of corporate social responsibility. Beer and his co‐authors explain “why” high performance over time results when business leaders simultaneously create economic and social value.

Practical implications

Some steps that executives can take are: focus – shifting the focus back to the customer and away from shareholder value, turning primary attention back to the real market and away from the expectations market; executive compensation – restoring authenticity to the lives of executives by eliminating stock‐based compensation and creating new models that focus executives on real and meaningful goals; and the civil foundation – defining and institutionalizing a more expansive societal goal for business executives ‐ to be a force that improves the society in which they live and work.

Originality/value

The author synthesizes three sets of cutting edge insight about how to transform a company to achieve long‐term value and social responsibility.

Article
Publication date: 23 March 2012

João Ferreira, Susana Garrido Azevedo and Mário L. Raposo

The purpose of this paper is to study the specialization of regional clusters and their innovative behaviour, in a particular Portuguese region.

2292

Abstract

Purpose

The purpose of this paper is to study the specialization of regional clusters and their innovative behaviour, in a particular Portuguese region.

Design/methodology/approach

A regional case study (Region Centro of Portugal) is used, employing secondary and primary data in order to measure specialized critical mass of a region's clusters and analyze their innovative behavior following the European Cluster Observatory (ECO) methodology.

Findings

Combining the different nature of data (primary and secondary), this paper identifies the specialized critical mass of a region's cluster, makes statements about the role of clusters in a regional context, and demonstrates how a regional clustering approach is important to understanding the innovative process. Based on an empirical survey, three types of clusters were found: basic, intermediate and advanced.

Research limitations/implications

Among the research limitations is the undersized sample of primary data which does not allow deep findings to be drawn about the innovative behavior of the clusters in a general way. Therefore, future research should focus on this area, extending the empirical analysis presented here to add qualitative indicators on innovative behaviour, to calculate the impact of absorptive capacity in the case of regional clusters.

Practical implications

This study provides a consistent methodology of cluster operation which could be useful for undertaking comparative work within regions' clusters across different sectors and countries, to reinforce the importance of the current discussion of policy clusters, and to identify specific requirements and needs of each cluster in order to improve the quality of decision making and to draw some policy implications.

Originality/value

This paper is the first to measure specialized critical mass of a region's clusters at the enterprise level and to explain cluster innovative behaviour, combining primary and secondary, based on ECO criteria. Furthermore, it provides initial empirical evidence and an amount of significant findings to support managers and policymakers in the understanding of regional and innovation clustering of small to medium‐sized enterprises.

Details

Competitiveness Review: An International Business Journal, vol. 22 no. 2
Type: Research Article
ISSN: 1059-5422

Keywords

Book part
Publication date: 18 November 2020

Luis Miguel Bolívar

One of the main concerns in human resource management around the world is how education is encouraging the understanding of global issues, cultures, technological changes and…

Abstract

One of the main concerns in human resource management around the world is how education is encouraging the understanding of global issues, cultures, technological changes and social trends to make appropriate decisions in firm management. This chapter will aim to illustrate the main issues in international business (IB) theory and practice that need to be considered in configurating a global-minded curriculum that is able to produce global-minded human resources. Hence, to determine what inputs must be considered in building an exceptional curriculum and successful educational strategies, the author observe the assertions from three perspectives: first, the contributors to the IB and the multinational enterprise theory; second, the author explores the stakeholders’ perspective, who see the benefits and assume the consequences of education in the field; and third, the author reviews the researchers who in recent years have studied the problems and trends of the discipline.

Book part
Publication date: 15 June 2015

Inessa Laur

This chapter aims to enrich knowledge about cluster initiatives acting as intermediaries primarily between members in a cluster or in regional context. This is a practically…

Abstract

This chapter aims to enrich knowledge about cluster initiatives acting as intermediaries primarily between members in a cluster or in regional context. This is a practically oriented manuscript written to contribute to refinement of existing policies by proposing recommendations based on recent empirical studies regarding funding, actors’ and activities’ content, as well as cluster initiatives’ assessment. It is proposed that public support should be balanced, targeting new as well as established, well-functioning cluster initiatives. Furthermore, regional authorities should encourage multifaceted collaboration (e.g., Triple Helix), stimulate variation in activities to maximize the benefit of cluster initiatives as well as define and communicate success factors that make it possible to evaluate cluster initiatives from a holistic perspective. These recommendations are primary aimed for regional authorities and reflect a bottom-up perspective where both logic of initiatives’ actions and their development are captured. Yet, even national authorities can make use of the recommendations in this chapter to improve governance of cluster initiatives and to determine further directions of regional policies.

Details

New Technology-Based Firms in the New Millennium
Type: Book
ISBN: 978-1-78560-032-6

Article
Publication date: 1 January 1988

Martin Porter and Valerie Galpin

This paper reports on the successful introduction of a sophisticated online catalogue system at the library of the Scott Polar Research Institute, Cambridge, using the Muscat…

Abstract

This paper reports on the successful introduction of a sophisticated online catalogue system at the library of the Scott Polar Research Institute, Cambridge, using the Muscat program package. The system provides to both end‐users and library staff a choice between boolean searching on keywords and access using relevance feedback based on free text in English, mixed with UDC classification numbers. The system is implemented on an IBM 3084 computer. Significant benefits from the application of relevance feedback are reported with 10,000 records on file.

Details

Program, vol. 22 no. 1
Type: Research Article
ISSN: 0033-0337

Article
Publication date: 7 February 2018

Anthony Ayakwah, Leandro Sepulveda and Fergus Lyon

An efficient policy supporting clustered business operations necessitates an appreciation of the dynamics of rivalry and collaborations among businesses. This paper postulates…

Abstract

Purpose

An efficient policy supporting clustered business operations necessitates an appreciation of the dynamics of rivalry and collaborations among businesses. This paper postulates that variation in competition and cooperation can significantly influence the nature of business relationships among clustered businesses, which is essential for cluster policy particularly (Newlands, 2003) as most research on rivalry and cooperation in clusters have been in developed economies. The purpose of this paper is to seek to fill the gap in the literature in African clusters based on original empirical research.

Design/methodology/approach

The study adopts a mixed-method research design allowing for data triangulation to study two food processing clusters. The approach comprises a survey and in-depth interview with key actors along the supply chain.

Findings

The findings show that business clusters with more formal business structures tend to have minimal horizontal competition but higher vertical cooperation. Comparatively, clusters with more socially embedded milieu tend to have higher levels of cooperation and minimal competition in both vertical and horizontal relationships. The research also shows that such variations in inter-business relationships have an effect on cluster operations in terms of business access to finance, formal contract, sharing of innovation and the way they relate to different stakeholders in their supply chain.

Originality/value

This paper advances a critical case for international business theory on clusters in Africa to incorporate the distinctive business relationships in small and medium enterprises (SME) clusters. It also demonstrates how unique location-specific attributes of developing economies hold the key to sustaining the operations of SME-based clusters.

Details

critical perspectives on international business, vol. 14 no. 2/3
Type: Research Article
ISSN: 1742-2043

Keywords

Article
Publication date: 1 April 1985

Adel H. Salih and Roger Mansfield

Labour turnover has been recognised and studied as a management problem for several decades. Interest in the issue increased significantly at the beginning of the 20th century, at…

Abstract

Labour turnover has been recognised and studied as a management problem for several decades. Interest in the issue increased significantly at the beginning of the 20th century, at about the same time as the scientific management movement began to develop. Over 1,500 publications on the topic of turnover are estimated to have appeared in this century. With this number of turnover studies published, it is surprising that there are still such large gaps in our understanding of the phenomenon. Not only are there more unanswered than answered questions about turnover, but we are only now learning the nature of some of the most important questions. In a small effort to fill some of the gaps, this article reports results from part of a large study of turnover amongst blue‐collar workers in manufacturing industry in Iraq.

Details

Personnel Review, vol. 14 no. 4
Type: Research Article
ISSN: 0048-3486

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