Strategy Research and the Market Process Perspective

We argue that strategizing fundamentally concerns disequilibrium phenomena, such as discovery, innovation, resource-combination, imagination - in short, entrepreneurship. Therefore, the understanding of strategizing is likely to be led astray by drawing too heavily on equilibrium theories. Arguably, the three dominant economic approaches to strategy - the Porter industry analysis approach, the new industrial organization, and the ressourcebased approach - are characterized precisely by their strong reliance on equilibrium methodology. We argue that the market process approach in its Austrian version offers much inspiration for bringing process issues to bear on strategy issues.Strategy, organization, competitive advantage.

Shaping and characterisation by dispersion scan of ultrafast mid-infrared pulses and the effect of the CNN stretching vibration on the photoreaction of 2-diazo-1-naphthol-5-sulfonate

Characterisation, compression and shaping of mid-infrared (MIR) pulses are demonstrated in an acousto-optic modulator (AOM) shaper based setup. Characterisation of the pulses’ spectral phase is accomplished via an AOM shaper based variant of dispersion scan (d-scan). By a combination of d-scan and an evolutionary algorithm, broadband MIR pulses centred at 3.2 µm are compressed to below 50 fs FWHM autocorrelation. The shaping and characterisation capabilities of the setup are demonstrated by imprinting and retrieving a set of spectral phases of increasing complexity on compressed broadband MIR pulses. Moreover, the effect of excitation of the C=N=N stretching vibration on the photoreaction of 2-diazo-1-naphthol-5-sulfonate dissolved in methanol is investigated. The C=N=N stretch mode is excited up to at least v=3 by ultrafast MIR pulses. Molecular dissociation in the electronic ground state is not observed. Vibrational excitation decays within 20 ps. Experiments on vibrationally mediated photodissociation show that vibrational pre-excitation increases the photoreaction’s quantum yield by at least 10% compared to excitation of the molecule by a mere ultraviolet pulse. This is explained by an increased Franck-Condon overlap of the edge of the electronic ground state’s potential energy surface with the reactive part of the potential energy surface of the electronic excited state

Bodenbesiedelnde Spinnen (Arachnida, Araneae) eines Kiefernforstes bei Stücken in Brandenburg, Deutschland

Ground inhabiting spiders were investigated during the vegetation periods of 1996, 1998 and 2000 in four pine forests of Brandenburg, Germany. 1995 three of them were managed in different ways and one area served as a control. In total 105 different species were found and the lowest number of species was found on the control area. Due to the management the pine forests got opened and xerophilous species could settle the areas. In total a heterogeneous species community was found on each area. From year to year high rates of species turnover were measured even for the dominant species (> 5 % of all collected individuals per area and year). Some endangered species in Brandenburg were collected as well

Ease vs. noise: long-run changes in the value of transport (dis)amenities

For a complete cost-benefit analysis of durable infrastructures, it is important to understand how the value of non-market goods such as transit time and environmental quality changes as incomes rise in the long-run. We use difference-in-differences and spatial differencing to estimate the land price capitalization effects of metro rail in Berlin, Germany today and a century ago. Over this period, the negative implicit hedonic price of rail noise tripled. Our results imply income elasticities of the value of noise reduction and transport access of 2.2 and 1.4, substantially exceeding cross-sectional contingent valuation estimates

Lower Limb Radiology of Distal Myopathy due to the S60F Myotilin Mutation

Distal myopathies are a clinically and genetically heterogenous group of disorders in which the distal limb musculature is selectively or disproportionately affected. Precisely defining specific categories is a challenge because of overlapping clinical phenotypes, making it difficult to decide which of the many known causative genes to screen in individual cases. In this study we define the distinguishing magnetic resonance imaging findings in myotilin myopathy by studying 8 genealogically unrelated cases due to the same point mutation in TTID. Proximally, the vastii, biceps femoris and semimembranosus were involved with sparing of gracilis and sartorius. Distally, soleus, gastrocnemius, tibialis anterior, extensor hallicus and extensor digitorum were involved. This pattern contrasts with other distal myopathies and provides further support for the role of imaging in the clinical investigation of muscle disease. Copyright (C) 2009 S. Karger AG, Base

Strategy Research and

We argue that strategizing fundamentally concerns disequilibrium phenomena, such as discovery, innovation, resource-combination, imagination - in short, entrepreneurship. Therefore, the understanding of strategizing is likely to be led astray by drawing too heavily on equilibrium theories. Arguably, the three dominant economic approaches to strategy - the Porter industry analysis approach, the new industrial organization, and the ressourcebased approach - are characterized precisely by their strong reliance on equilibrium methodology. We argue that the market process approach in its Austrian version offers much inspiration for bringing process issues to bear on strategy issues

What Can Organizational Economics Contribute?

Knowledge management has emerged as a very successful organization practice and has been extensively treated in a large body of academic work. Surprisingly, however, organizational economics (i.e., transaction cost economics, agency theory, team theory and property rights theory) has played no role in the development of knowledge management. We argue that organizational economics insights can further the theory and practice of knowledge management in several ways. Specifically, we apply notions of contracting, team production, complementaries, hold-up, etc. to knowledge management issues (i.e., creating and integration knowledge, rewarding knowledge workers, etc.) , and derive refutable implications that are novel to the knowledge management field from our discussion

what can organizational economics contribute?

Knowledge management has emerged as a very successful organization practice and has been extensively treated in a large body of academic work. Surprisingly, however, organizational economics (i.e., transaction cost economics, agency theory, team theory and property rights theory) has played no role in the development of knowledge management. We argue that organizational economics insights can further the theory and practice of knowledge management in several ways. Specifically, we apply notions of contracting, team production, complementaries, hold-up, etc. to knowledge management issues (i.e., creating and integration knowledge, rewarding knowledge workers, etc.) , and derive refutable implications that are novel to the knowledge management field from our discussion