Coevolutionary Competence in the Realm of Corporate Longevity: How Long-lived Firms Strategically Renew Themselves

Understanding the phenomena of corporate longevity and self-renewing organizations has become an important topic in recent management literature. However, the majority of the research contributions focus on internal determinants of longevity and self-renewal. Using a co-evolutionary framework, the purpose of this paper is to address the dynamic interaction between organizations and environments in the realm of sustained strategic renewal, i.e. corporate longevity. To this end, we will focus on the competence of long-lived firms to coevolve due to the joint effect of managerial intentionality and environmental selection pressures. Building on coevolutionary framework, we develop a conceptual framework that highlights an organization’s coevolutionary competence. Two longitudinal case studies are presented illustrating the arguments.strategic renewal;corporate longevity;competence-based management;adaptive open systems;coevolutionary competence

From centrality to intermediacy in the global transport network? Ukraine’s trials and tribulations as a potential transit country

Ukraine currently is in a very complex economic and political situation, which in itself represents a pivotal point for its further recovery and evolution. Nevertheless, the rise of economic centres in Eastern and Central Europe creates opportunities for Ukraine to develop short sea shipping services (via the Black Sea) and water and land-based hub-feeder networks to and from these areas. This paper provides an academic study of the potential of Ukraine in taking up a role in emerging distribution systems in East and Central Europe facilitating the cargo transportation from regions such as Central Asia, Caucasus and even more distant overseas areas. Based on the concepts of intermediacy and centrality as introduced by Fleming and Hayuth (1994) the role of Ukraine in the global and regional transport networks will be analysed in order to assess to what extent particular regions in Ukraine can serve as important gateways to Europe. An extensive review and synthesis of the published studies during the last 20 years on Ukraine’s transit flows and transit function will be presented. The obtained results will be contraposed to the results obtained from about 20 interviews conducted with transport business representatives in Ukraine and abroad. Based on the outcome of bottlenecks and deficiencies in Ukraine’s transport system, the optimal road map for Ukraine’s integration into the European transport network will be defined

Strategies for sustainable socio-economic development and mechanisms their implementation in the global dimension

The authors of the book have come to the conclusion that it is necessary to effectively use modern approaches to developing and implementation strategies of sustainable socio-economic development in order to increase efficiency and competitiveness of economic entities. Basic research focuses on economic diagnostics of socio-economic potential and financial results of economic entities, transition period in the economy of individual countries and ensuring their competitiveness, assessment of educational processes and knowledge management. The research results have been implemented in the different models and strategies of supply and logistics management, development of non-profit organizations, competitiveness of tourism and transport, financing strategies for small and medium-sized enterprises, cross-border cooperation. The results of the study can be used in decision-making at the level the economic entities in different areas of activity and organizational-legal forms of ownership, ministries and departments that promote of development the economic entities on the basis of models and strategies for sustainable socio-economic development. The results can also be used by students and young scientists in modern concepts and mechanisms for management of sustainable socio-economic development of economic entities in the condition of global economic transformations and challenges

The New British Railways Structure A Transaction Cost Economics Analysis

The 1993 reform of rail transport in Great Britain led to an outright break-up of the British Rail vertically integrated monopoly. All railway activities have been isolated and divided among private operators whose relationships are determined by contracts. This paper examines the relevance of a vertical separation between train operations and rolling stock ownership and the stability of this new structure. Transaction cost theory, which mainly concentrates on vertical integration and contractual coordination issues, provides a relevant analytical framework. It is argued that the disintegrated governance structure is not suitable to the features of the relationships between lessors and lessees of rolling stock. Moreover, the coordinative mechanisms of existing leases cannot solve the problems caused by vertical separation. Therefore, operators have adapted the structure and change the characteristics of the rolling stock market transactions.vertical integration, public utilities reform, transaction cost economics

The Use Of EU Structural Funds By Enterprises In The Lodz Region

The direct study was conducted in 2011. It focused on micro-economic projects supported by EU funds in the Lodz region. Interviews were conducted with representatives of 80 enterprises, which had completed at least one such a project. We conclude that the subsidies from structural funds have positively stimulated the modernization of the companies, albeit on a limited scale.Z przeprowadzonych analiz wynika, że dla wielu badanych przedsiębiorstw fundusze unijne stanowiły ważne źródło finansowania inwestycji i walki o rynkowe sukcesy. Tym niemniej, ze względu na bardzo ograniczoną liczbę i małą wartość projektów nie da się nimi ułatwić rozwoju przedsiębiorstw i regionu w szerszej skali

AN EMPIRICAL STUDY TO REVIEW BUSINESS MODEL THEORY IN THE DANISH RAILWAY SECTOR

PURPOSE:! The! purpose! is! to! explore! the! basic! assumptions! for! innovating! the! Danish! railway! operator¿s! historic! business!model!in! an! unprecedented! institutional!crisis.!! METHOD:! A! management! survey! collects! 22,729! responses! from! 368! managers! (80%!of!the!managers!in!the!Danish!railways!with!average!seniority!of!15! years)! to! explore! these! basic! assumptions! to! specify! the! areas! of! leadership! that! have! a! significant! impact! on! facilitating! innovation! of! business!models!in!times!of!crisis.! RESULTS:! Successful!leadership!in!a!crisis!depends!on! the!articulation!of! the!basic! assumptions!and!challenges!for!the!development!of!the!current!business! model.! It! is! not! enough! to! make! goals! for! the! future,! as! the! related! challenges! should! also! be! articulated.! A! core! task! for! strengthening! the! development! in! the! railway! sector! is! to! prioritize! new! infrastructure! projects! to! innovate! the! existing! railway! operations! gradually,! rather! than!starting!new!business!ventures.! ORIGINALITY/VALUE:! Management!studies!in! times!of!crisis!are!rare.!Furthermore,! the!causes! of!the!institutional!crisis!in!the!Danish!railway!sector!have!until!now!not! been! studied! from! a! management! perspective! based! on! the! managers¿! understanding! of! the! factors! affecting! the! innovation! management! of! a! business! model! in! crisis.! The! doctoral! thesis! identifies! some! emerging! areas! of! cognitive! leadership! that! have! not! yet! received! sufficient! attention! in! the! literature! on! business! models,! but! nonetheless! the! company!managers!believe! that! the!areas!of!cognitive!leadership!have!a! significant! impact! on! the! survival! of! the! organization! and! its! future! success.!Roldsgaard, KV. (2014). AN EMPIRICAL STUDY TO REVIEW BUSINESS MODEL THEORY IN THE DANISH RAILWAY SECTOR [Tesis doctoral no publicada]. Universitat Politècnica de València. https://doi.org/10.4995/Thesis/10251/38615TESI

The restructuring and future of the British Rail system

The paper focuses mainly on reviewing and analysing the restructuring of Britain’s railways, including the re-cently published proposals for its future. The objective is to investigate the current market structure, the market behaviour and the overall performance of the British rail system over time. In order to learn what other people think about the problems of the industry and their solutions, interviews with key people associated with the in-dustry and several submissions of some key interest parties to the 2004 railway structure review are used in this paper. The results are that all major characteristics of the rail reform in Britain are seen as workable and empiri-cal data reveal that they have worked comparatively successfully, before Hatfield. Because of bad implementa-tion some of the features, and in particular the private infrastructure manager, have not worked well. Most of the problems have arisen because of indecision over refranchising and the disruption following Hatfield. Further-more the policy of the Government after Hatfield created an extremely risk averse culture within the industry, at a time when Railtrack had not enough insights about the state of the rail network. Although empirically unjustified, safety improvement became the main issue, costs escalated and reliability and productivity experienced a huge fall. The current White Paper “The Future of Rail” is seen as partially misleading and not at all detailed. At present it is only clear that the proposals will result in further increase of political interference. Much will depend on the precise implementation of the proposed measures and therefore the future of British rail remains unclear

Coevolutionary Competence in the Realm of Corporate Longevity: How Long-lived Firms Strategically Renew Themselves

Understanding the phenomena of corporate longevity and self-renewing organizations has become an important topic in recent management literature. However, the majority of the research contributions focus on internal determinants of longevity and self-renewal. Using a co-evolutionary framework, the purpose of this paper is to address the dynamic interaction between organizations and environments in the realm of sustained strategic renewal, i.e. corporate longevity. To this end, we will focus on the competence of long-lived firms to coevolve due to the joint effect of managerial intentionality and environmental selection pressures. Building on coevolutionary framework, we develop a conceptual framework that highlights an organization’s coevolutionary competence. Two longitudinal case studies are presented illustrating the arguments