Similar Search Results

Who Tames the Celtic Tiger? Portfolio Implications from aMultivariate Markov Switching Model

Guidolin, Massimo; Hyde, Stuart - Manchester Business School - 2006

We use multivariate regime switching vector autoregressive models to characterize the time-varyinglinkages among the Irish stock market, one of the top world performers of the 1990s, and the US andUK stock markets. We ¯nd that two regimes, characterized as bear and bull states, are required...

Persistent link: https://www.econbiz.de/10005869997

Time and Risk Diversification in Real EstateInvestments: Assessing the Ex Post EconomicValue

Fugazza, Carolina; Guidolin, Massimo; Nicodano, Giovanna - Manchester Business School - 2009

Welfare gains to long-horizon investors may derive from time diversification that exploits non-zerointertemporal return … correlated. While it could be important for long horizon investors,time diversification has been mostly investigated in asset … diversification when E-REITs belong to theinvestment opportunity set. We find that diversification into REITs increases both the …

Persistent link: https://www.econbiz.de/10005870699

Authority Sharing, Careers and Competence Development in Different Market Economies: Beyond the firm-market dichotomy

Whitley, Richard - Manchester Business School - 2001

Much recent work on firms' capabilities and competitive competences builds on Penrose's (1959) seminal contribution to the theory of the firm in emphasising their organisational nature, and the critical role of managerial routines in transforming resources into distinctive services (see, e.g....

Persistent link: https://www.econbiz.de/10005869964

Managing Competences in Entrepreneurial Technology Firms: A Comparative Institutional Analysis of Germany, Sweden and the UK

Casper, Steven; Whitley, Richard - Manchester Business School - 2002

Recent studies of sectoral specialisation and technological development across market economies have shown how contrasting patterns of technical change can be explained by the different institutional frameworks that have become established in distinct types of economy (see, e.g., Casper, 2000;...

Persistent link: https://www.econbiz.de/10005869974

Enterprises in transformation in emerging capitalist economies: The case of Estonia and Ukraine

Czaban, Laszlo - Manchester Business School - 2003

The sweeping political changes and institutional transformation in the former Soviet Union, together with the market shock created by the collapse of the Soviet economy were expected to generate substantial changes in firm behaviours. Privatisation, in particular, was thought to constitute the...

Persistent link: https://www.econbiz.de/10005869980

Rethinking Strategy and Implementation of Knowledge Management from Innovation Perspective: A Lesson Learned from a Multinational Subsidiary in Indonesia

Amalia, Mirta; Nugroho, Yanuar - Manchester Business School - 2010

Facing unprecedented challenges and opportunities ahead in the knowledge economy, managing knowledge has been a priority for many organisations. Knowledge Management (KM) emerges and has quickly gained weight in research both from information systems perspective and management sciences. An amply...

Persistent link: https://www.econbiz.de/10005870126

Distributed Innovation Processes (DIPs) and the Dynamics of Knowledge Tradability

Gee, Sally - Manchester Business School - 2010

This paper draws on two extensive case studies to explore how the co-production and exchange of knowledge is organised during innovative activity. In the empirical cases multiple, transient innovation systems emerge, and self organise, around a particular problem. The emergence and evolution of...

Persistent link: https://www.econbiz.de/10005870127

Voluntary Disclosure and its Impact on Share Prices: Evidence from the UK Biotechnology Sector

Dedman, Elisabeth; Lin, Stephen; Prakash, Arun J.; … - Manchester Business School - 2007

In the UK, SSAP 13 requires that firms immediately expense most of their R&D expenditures.The reported earnings of high-R&D expenditure firms are therefore likely to convey less valuerelevantinformation to investors than those of less research-intensive firms. Using a sample offirms from the...

Persistent link: https://www.econbiz.de/10005870339

IT Outsourcing in Higher Education Institutions

Setiadi, Bowo - Manchester Business School - 2007

Higher education institutions (HEIs) have examined IT outsourcing strategies, to ensure that their IT functions could sustain their service requirements while remaining effective and competitive. This research seeks to explore the major outsourcing issues within the HE context, including why...

Persistent link: https://www.econbiz.de/10005870399

Localized Appropriability: Pecuniary Externalities in Knowledge Exploitation

Antonelli, Cristiano - Manchester Business School - 2008

Pecuniary externalities are crucial in shaping the strategies to value the distinctivecompetences and the economic success of innovative firms. The analysis of conditions forlocalized knowledge appropriation and exploitation makes it possible to identify idiosyncratic production factors....

Persistent link: https://www.econbiz.de/10005870507