Search results

1 – 10 of over 86000
To view the access options for this content please click here
Article
Publication date: 9 January 2017

Amir Zakery, Abbas Afrazeh and John Dumay

The purpose of this paper is to shed light on improving value creation from intellectual capital (IC) through reducing causal ambiguity and finding effective IC interventions.

Abstract

Purpose

The purpose of this paper is to shed light on improving value creation from intellectual capital (IC) through reducing causal ambiguity and finding effective IC interventions.

Design/methodology/approach

First, several guiding rules demonstrating the contribution of system dynamics (SD) to the field of IC management are introduced. Second, evidence for modelling resource dynamics is provided across a knowledge-based industry, insurance. Third, a management problem of an insurance company is modelled and then simulated using SD tools to monitor and improve the alignment of key resources with the firm’s market growth strategy.

Findings

The modelling and further simulation practice demonstrated the advantages of applying SD for analysing resource management problems to identify the critical IC components, intervention points and decision rules that may stimulate value-creating loops. Specifically for the case of an insurance company’s failure in market growth, it led to recognising the critical role of agency sales productivity as a key component of company’s relational capital and the intellectual liabilities that can lead to value destruction.

Originality/value

Reducing causal ambiguity in IC value creation through modelling and simulating firm resource dynamics is the main contribution of this paper. It enables finding the best intervention points for developing IC-based initiatives to stimulate value-creation mechanisms, as well identifying possible points of value destruction.

Details

Journal of Intellectual Capital, vol. 18 no. 1
Type: Research Article
ISSN: 1469-1930

Keywords

To view the access options for this content please click here
Book part
Publication date: 29 December 2016

Jan Novotný and Mayank Gupta

The ratio between share price and current earnings per share, the Price Earning (PE) ratio, is widely considered to be an effective gauge of under/overvaluation of a…

Abstract

The ratio between share price and current earnings per share, the Price Earning (PE) ratio, is widely considered to be an effective gauge of under/overvaluation of a corporation’s stock. Arguably, a more reliable indicator, the Cyclically Adjusted Price Earning ratio or CAPE, can be obtained by replacing current earnings with a measure of permanent earnings i.e. the profits that a corporation is able to earn, on average, over the medium to long run. In this study, we aim to understand the cross-sectional aspects of the dynamics of the valuation metrics across global stock markets including both developed and emerging markets. We use a time varying DCC model to exploit the dynamics in correlations, by introducing the notion of value spread between CAPE and the respective Market Index from 2002 to 2014 for 34 countries. Value spread is statistically significant during the 2008 crisis for asset allocation. The signal can be utilized for better asset allocation as it allows one to interpret the common movements in the stock market for under/overvaluation trends. These estimates clearly indicate periods of misvaluation in our sample. Furthermore, our simulations suggest that the model can provide early warning signs for asset mispricing in real time on a global scale and formation of asset bubbles.

Details

Risk Management in Emerging Markets
Type: Book
ISBN: 978-1-78635-451-8

Keywords

To view the access options for this content please click here
Article
Publication date: 9 February 2015

Marco Giuliani

The purpose of this study is to observe Intellectual Capital (IC) dynamics “in practice” through a temporal lens by considering IC as an on-going process, and thus taking…

Abstract

Purpose

The purpose of this study is to observe Intellectual Capital (IC) dynamics “in practice” through a temporal lens by considering IC as an on-going process, and thus taking into consideration its life cycle and how it changes over time.

Design/methodology/approach

A longitudinal case study has been investigated by adopting a participant observation approach to understand how the dynamics of IC are understood in practice.

Findings

This study spotlights three main conceptions of IC dynamics (value creation, IC activities and organizational change) which, although generally proposed in literature as separable concepts, do co-exist and interact, in practice as is reflected in the related managerial tools.

Research limitations/implications

The main limitations of this study are twofold. The first is related to the methodology adopted and in particular, to the participant observation approach. The second is related to the specifics of the case study undertaken. This paper contributes to the literature on “Intellectual Capital in action” and “Intellectual Capital in practice” by enriching the understanding of IC dynamics.

Originality/value

By comparison to the extant literature in which the IC dynamics concepts are considered separately, this study combines the three different concepts and examines them in vivo, adopting a longitudinal perspective.

Details

VINE, vol. 45 no. 1
Type: Research Article
ISSN: 0305-5728

Keywords

To view the access options for this content please click here
Article
Publication date: 18 April 2008

Giovanni Schiuma, Antonio Lerro and Daniela Carlucci

The purpose of this paper is to investigate the relevance of intellectual capital (IC) as a strategic resource and source of regional value creation dynamics. Adopting a…

Downloads
1396

Abstract

Purpose

The purpose of this paper is to investigate the relevance of intellectual capital (IC) as a strategic resource and source of regional value creation dynamics. Adopting a knowledge‐based approach, the authors aim to argue that knowledge assets represent the IC's components, and the Knoware Tree and the Knoware Dashboard are proposed as frameworks to assess the IC within regions. For the global assessment of the IC, the Regional Intellectual Capital Index (RICI) is to be introduced and its application is proposed for the assessment of the IC within Italian regions. Finally, in order to explore the links between the IC ownership of a region and its value creation dynamics, the Value Creation Index (VCI) is adopted and linear correlations of the RICI and VCI are performed, providing first empirical evidences of the positive links between IC and value creation.

Design/methodology/approach

The paper integrates the results of an intensive literature review with a longitudinal empirical research applied to Italian regions.

Findings

The paper provides a knowledge‐based understanding of the IC, highlighting the existence of a positive correlation between IC and value creation of the Italian regions.

Research limitations/implications

The adoption of linear correlation for analysing the empirical data set could be considered as a research limitation, since more rigorous statistical approaches, such as the robust canonical analysis and the structural equation modelling could be adopted.

Practical implications

The paper provides a methodology for assessing IC within regions.

Originality/value

The proposed frameworks for assessing IC within regions are original as well as the empirical results showing a positive links between IC ownership and value creation.

Details

Journal of Intellectual Capital, vol. 9 no. 2
Type: Research Article
ISSN: 1469-1930

Keywords

To view the access options for this content please click here
Article
Publication date: 5 May 2020

Chiara Burlina and Eleonora Di Maria

This paper aims to provide a snapshot of various countries’ contributions to value produced along global value chains (GVCs). It focusses on manufacturing activities and…

Abstract

Purpose

This paper aims to provide a snapshot of various countries’ contributions to value produced along global value chains (GVCs). It focusses on manufacturing activities and their evolution over time, in the context of GVC regionalisation.

Design/methodology/approach

The Trade in Value Added (TiVA) and World Integrated Trade Solution databases for the period of 2005-2015 were used to explore the case of Italy and its industries’ specialisations (Made in Italy): fashion, furniture, automotive and machinery traditionally organised into clusters. Various analyses were used to show the dynamics of gross import–export and imported–exported value-added. Moreover, the revealed comparative advantage index was computed to test whether the Made in Italy sector remains a source of competitive advantage for Italy within GVCs.

Findings

The results highlight how the geography of value-added is changing over time, with growing importance placed on the countries close to Italy and with a different pace according to each considered GVC.

Originality/value

The paper applied new methods to compare trade and analyse value-added dynamics through a recent database released by the Organization for Economic Co-operation and Development within the TiVA initiative that is useful for scholars and policymakers.

Details

Competitiveness Review: An International Business Journal , vol. 30 no. 4
Type: Research Article
ISSN: 1059-5422

Keywords

To view the access options for this content please click here
Article
Publication date: 12 March 2018

Alastair Orr and Jason Donovan

The purpose of this paper is to introduce a new conceptual framework for smallholder value chains based on complex adaptive systems.

Abstract

Purpose

The purpose of this paper is to introduce a new conceptual framework for smallholder value chains based on complex adaptive systems.

Design/methodology/approach

The authors review the application of the framework to three case studies and explore their implications. The authors reflect on the value of a framework based on complex adaptive systems compared to alternative frameworks.

Findings

The authors argue that the dynamics of smallholder value chains have received insufficient attention.

Research limitations/implications

By focusing on these dynamics and on the capacity for adaptation among value chain actors the framework provides a new perspective on smallholder value chains.

Originality/value

Complex adaptive systems provide a useful framework for analyzing value chain dynamics.

Details

Journal of Agribusiness in Developing and Emerging Economies, vol. 8 no. 1
Type: Research Article
ISSN: 2044-0839

Keywords

To view the access options for this content please click here

Abstract

Details

Quantitative and Empirical Analysis of Nonlinear Dynamic Macromodels
Type: Book
ISBN: 978-0-44452-122-4

To view the access options for this content please click here
Article
Publication date: 11 September 2009

Antonio Lerro and Giovanni Schiuma

The purpose of this paper is to analyse the knowledge dimensions grounding regional development dynamics.

Downloads
1973

Abstract

Purpose

The purpose of this paper is to analyse the knowledge dimensions grounding regional development dynamics.

Design/methodology/approach

The paper first provides a knowledge‐based interpretation of regional development and afterwards the knowledge assets categories at the basis of value creation dynamics at regional level are discussed. The aim is to define a conceptual framework addressing the knowledge assets categories affecting the development dynamics of regions and territories. To support these arguments, the paper integrates the conceptual framework with the analysis of a case study of an Italian region. The paper provides the case example of Basilicata region, which has planned and implemented policies aimed to activate and support regional strategic development by focusing on knowledge assets dimensions. The paper combines a deductive approach with an inductive one. The knowledge assets dimensions grounding regional development dynamics are identified through a review of the literature. Then, the conceptual framework is integrated by the analysis of a case study aimed to enrich the proposed conceptual arguments with empirical evidences.

Findings

The paper highlights the strategic relevance of knowledge capital in sustaining and driving regional development dynamics. The knowledge assets dimensions grounding regional development are discussed, providing insights for both research and practice.

Originality/value

This paper contributes to further develop the knowledge‐based view of the regional development dynamics. The paper provides implications for future research and useful insights for policy making.

Details

Journal of Knowledge Management, vol. 13 no. 5
Type: Research Article
ISSN: 1367-3270

Keywords

Content available
Article
Publication date: 10 June 2021

Ahmad Arslan, Samppa Kamara, Ismail Golgeci and Shlomo Yedidia Tarba

The current paper aims to address the management dynamics of civil society organisations (CSOs) in volatile contexts. Along with analysing CSOs’ management dynamics at a…

Abstract

Purpose

The current paper aims to address the management dynamics of civil society organisations (CSOs) in volatile contexts. Along with analysing CSOs’ management dynamics at a general level, it also offers specific insights into their management strategies in response to COVID-19 pandemic.

Design/methodology/approach

This study uses a qualitative research design, where in-depth case studies are undertaken with four CSOs operating in post-conflict volatile Sub-Saharan African economies of Liberia and Sierra Leone.

Findings

Findings revealed that multiple stakeholder management plays an important role in social value creation by CSOs. The findings further state that, in volatile contexts, CSOs appear to have more legitimacy than state functionaries due to their capabilities in dealing with political pressures and conflict sensitivities. The findings also revealed that case CSOs operating in Liberia and Sierra Leone were quick to respond to the COVID-19 pandemic by adjusting their working routines accordingly by switching to online working where possible and repurposing their management strategies. This repurposing of management strategies focussed on minimising economic disruptions caused by COVID-19 and continuing to create social value by helping youth and farmers particularly.

Originality/value

This paper contributes to the extant literature by being one of the first studies, highlighting the specificities of CSO management in volatile (especially Sub-Saharan African post-conflict) contexts and contributes to the literature streams on multiple stakeholder management and social value creation. To the best of the authors’ knowledge, the current paper is also one the first study to address the management strategies of case CSOs in response to the ongoing Covid-19 pandemic in Liberia and Sierra Leone.

Details

International Journal of Organizational Analysis, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1934-8835

Keywords

To view the access options for this content please click here
Article
Publication date: 3 January 2020

Yeong Sheng Tey, Abdulla Ibragimov, Mark Brindal, Shaufique F. Sidique, Rustam Abduraupov and Miraziz Makhmudov

Paddy farmers form the backbone of food security. However, poverty plagues them despite having linked them to the rice value chain. To overcome this, the concept of…

Abstract

Purpose

Paddy farmers form the backbone of food security. However, poverty plagues them despite having linked them to the rice value chain. To overcome this, the concept of involving smallholders in post-farm value chain stages is promoted. The purpose of this paper is to explore the potential of upgrading smallholder involvement in rice value chains through the adoption of a sustainability standard.

Design/methodology/approach

The authors built a system dynamic model to capture both conventional and certified sub-value chains. The latter deviates from the conventional one and capitalizes on compliance to a sustainability standard.

Findings

When compared to conventional farm gate sales methods, the simulations revealed obvious profitability of direct marketing with respect to certified sustainable rice. Although coupled with productivity growth, the simulations indicated the shift to standard adoption would likely to be both limited and slow.

Originality/value

The findings suggest that the profitability of a certified rice value chain will remain fettered. In order to enhance both farmer livelihood and food security, given the limited prospect of moving smallholders up that chain, the authors conclude that national policy should be rationalized and concentrated on the possibility of diversifying the end-use of rice through research, development and subsequent commercialization.

Details

British Food Journal, vol. 122 no. 3
Type: Research Article
ISSN: 0007-070X

Keywords

1 – 10 of over 86000