Alliance Activity as a Dynamic Capability: Search and Internalization of External Technology.

Previous research has often seen alliances as a mechanism used by disadvantaged firms to seek new capabilities. But are alliances an effective dynamic capability? We find that less competent firms can use alliances to access new technologies, but more competent firms are superior in internalizing new capabilities from their alliances.Previous research has often seen alliances as a mechanism used by disadvantaged firms to seek new capabilities. But are alliances an effective dynamic capability? We find that less competent firms can use alliances to access new technologies, but more competent firms are superior in internalizing new capabilities from their alliances.Refereed Working Papers / of international relevanc

Prácticas Profesionalizantes: estrategia de vinculación entre la escuela secundaria técnica agraria y el ámbito laboral

Durante 2017, se llevaron adelante en la Chacra Experimental Integrada Barrow, diversas prácticas profesionalizantes con alumnos de las escuelas técnicas y agrarias que se encontraban finalizando sus estudios secundarios o cursando una tecnicatura.EEA BarrowFil: Vassolo, Sandra. Instituto Nacional de Tecnología Agropecuaria (INTA). Estación Experimental Agropecuaria Barrow; Argentin

The forgotten competitive arena: Strategy in natural resource industries

Despite their importance in the global economy, the complex competitive dynamics of natural resource industries and their implications for business performance remain largely understudied in strategic management. This article identifies major traits that are highly relevant in natural resource industries, including the standardized nature of their products, their emphasis on process-based innovations, the presence of dual physical and financial derivative markets, and the importance of nonmarket forces that affect the creation and appropriation of rents from natural resources. We propose a general framework that guides our observations, and we discuss research opportunities for the study of firm strategy in natural resource industries.Fil: Casarin, Ariel. Universidad Adolfo Ibañez; ChileFil: Lazzarini, Sergio G.. Institute of Education and Research; BrasilFil: Vassolo, Roberto Santiago. Universidad Austral. Instituto de Altos Estudios; Argentina. Pontificia Universidad Católica de Chile; Chile. Consejo Nacional de Investigaciones Científicas y Técnicas; Argentin

Alliance activity as a dynamic capability in the face of a discontinuous technological change

Using a dynamic capabilities lens, this study examines how technological and complementary capabilities affect firms’ abilities to enter emerging technologies. The empirical evidence from a sample of pharmaceutical firms entering the new biotech fields indicates that both technological and complementary capabilities potentially affect firms’ entry into emerging technologies and entry mode. However, the results also show that capabilities in the traditional technology and the emerging technology have different effects. Firms with capabilities in the emerging technology are more likely to enter new technological fields and more likely to use internal development in doing so. Complementary capabilities also increase the rate of entry into emerging technological fields. However, capabilities in traditional technology are found to be unrelated to the propensity to enter new fields, and to the choice of entry mode. These results are consistent with insights from the literature on dynamic capabilities and evolutionary theory. We examine the implications of these results for literatures on strategic alliances and technological competition.Fil: Anand, Jaideep. Ohio University; Estados UnidosFil: Oriani, Raffaele. Luiss Guido Carli University; ItaliaFil: Vassolo, Roberto Santiago. Universidad Austral. Instituto de Altos Estudios; Argentina. Consejo Nacional de Investigaciones Científicas y Técnicas; Argentin

How much does country matter in emerging economies?: Evidence from Latin America

The purpose of this paper is to examine the magnitude of country, industry and firm-specific effects for firms competing in emerging economies and also explore differences between high and low performers. The authors use ANOVA methodologies on samples from firms competing in Latin America between 1990-2006. It was found that the firm-specific effect is the most important one, and relatively equivalent in magnitude to the firm-specific effects found in developed countries. Country and industry effects are less important than the firm-specific effect. Contrary to previous studies that indicate that the country effect is relatively more important in emerging economies, the authors found that it is even less important than the industry effect, a result that has important implications for strategic management and international business theory. The source behind the strong firm-specific effects might stem from their resources and capabilities to manage and take advantage of the institutional and macroeconomic environments. Further analysis indicates that the firm-specific effect is relatively more important for firms showing high performance than for those firms showing low performance. Through these findings the authors feel that further research is needed so as to arm future managers with a more clear and comprehensive strategy when doing business in a Latin American country. The paper's findings are specific for large public corporations in Latin America. The paper allows managers to think about sources of competitive advantages in emerging economies. The paper shows that, despite weak institutional contexts and highly volatile macroeconomic environments, managers in the region should be able to obtain substantial differences in economic performances within the region. Activities needed for such differentiation might differ from those carried out in developed countries, with more emphasis on managing institutional voids and periods of economic and political cycles but the result should be the same.Fil: Diaz Hermelo, Francisco. Universidad Austral. Instituto de Altos Estudios; ArgentinaFil: Vassolo, Roberto Santiago. Consejo Nacional de Investigaciones Científicas y Técnicas; Argentina. Universidad Austral. Instituto de Altos Estudios; Argentin

Motivación emprendedora y teoría de los stakeholders

Este trabajo desarrolla una justificación para la teoría de los stakeholders basada en las motivaciones. La metodología utilizada es diferente y complementaria de la usada en trabajos anteriores, que imponen consideraciones normativas a esta teoría. Enfocado al proceso emprendedor, analiza los mecanismos que explican las acciones y el alineamiento de los distintos participantes. El argumento principal es que cada grupo de interés actúa motivado tanto por el resultado de sus acciones como por el aprendizaje que genera el proceso en sí mismo. A su vez, ese proceso, como motivación central, provee una identidad individual y colectiva y, en su último término, explica el alineamiento de los distintos grupos. Este argumento tiene implicaciones tanto a nivel directivo como normativo

Managing in Latin America: Common issues and a research agenda

Latin America is a paradoxical region. It has unique conditions that make it one of the most attractive contexts worldwide for doing business, but it also faces serious challenges that severely underscore these opportunities. We apply a simple framework of analysis to describe the Latin American business environment and detect research opportunities. For that, we focus on four aspects of the region: (1) the institutional context, (2) the macroeconomic environment, (3) the consumer profile, and (4) the natural resource endowments. We summarize firms' strategic choices that result from this context and analyze their consequences for new business creation, incumbents' survival and growth, and sources of competitive advantages. We conclude by outlining a management research agenda.Fil: Vassolo, Roberto Santiago. Consejo Nacional de Investigaciones Científicas y Técnicas; Argentina. Universidad Austral; ArgentinaFil: De Castro, Julio O.. IE University; EspañaFil: Gomez Mejia, Luis R.. Texas A&M University; Estados Unido

Flood Inundation Mapping in the Logone Floodplain from Multi Temporal Landsat ETM+Imagery

Yearly flooding in the Logone floodplain makes an impact on agricultural, pastoral, and fishery systems in the Lake Chad Basin. Since the flooding extent and depth are highly variable, flood inundation mapping helps us make better use of water resources and prevent flood hazards in the Logone floodplain. The flood maps are generated from 33 multi temporal Landsat Enhanced Thematic Mapper Plus (ETM+) during three years 2006 to 2008. Flooded area is classified using a short-wave infrared band whereas open water is classified by Iterative Self-organizing Data Analysis (ISODATA) clustering. The maximum flooding extent in the study area increases up to approximately 5.8K km2 in late October 2008. The study also provides strong correlation of the flooding extents with water height variations in both the floodplain and the river based on a second polynomial regression model. The water heights are from ENIVSAT altimetry in the floodplain and gauge measurements in the river. Coefficients of determination between flooding extents and water height variations are greater than 0.91 with 4 to 36 days in phase lag. Floodwater drains back to the river and to the northeast during the recession period in December and January. The study supports understanding of the Logone floodplain dynamics in detail of spatial pattern and size of the flooding extent and assists the flood monitoring and prediction systems in the catchment

Does overconfidence pay off when things go well?: CEO overconfidence, firm performance, and the business cycle

We investigate the moderating effect of the business cycle on the positive relationship between CEO overconfidence and firm performance. We propose that the expansion years of the business cycle enhance the positive impact of overconfident CEOs on firms’ performance. However, this effect is reduced during recession periods. We analyze the effect of CEO overconfidence on the Return on Equity of publicly listed US firms from 1992 to 2015, a period that includes the bursting of the dot-com bubble in 2001 and the Great Recession of 2008–2009. The empirical findings support the hypotheses that expansion periods increase the positive relationship between overconfident CEOs and firms’ performance, but this positive effect weakens during recessions.Fil: Reyes, Tomas. Pontificia Universidad Católica de Chile; ChileFil: Vassolo, Roberto Santiago. Universidad Austral. Instituto de Altos Estudios; Argentina. Pontificia Universidad Católica de Chile; Chile. Consejo Nacional de Investigaciones Científicas y Técnicas; ArgentinaFil: Kausel, Edgar E.. Pontificia Universidad Católica de Chile; ChileFil: Peña Torres, Diamela. Pontificia Universidad Católica de Chile; ChileFil: Zhang, Stephen. University of Adelaide; Australi