The tale of the two Greeces: some management practice lessons

Based on an original double‐blind survey on randomly drawn samples of over 10,000 manufacturing firms across a range of different industries and countries, the World Management Survey is one of the first large and internationally comparable management practices data sets. In this paper, I describe and compare the performance of Greek firms to those from other countries around the world with the aim of identifying some lessons for both managers and policy makers in Greece on how to increase management quality, and hence, firms' productivity

Privatization in Western Europe: Stylized Facts, Outcomes, and Open Issues

Privatization has certainly been one of the main events of the economic and financial history of the 20th century. Between 1997 and 2004 more than 4,000 privatization operations were carried out in the world, bringing to governments revenues for over 1,350US$billion. Western Europe emerges as the most important region, having implemented the greatest number of privatizations and raised a half of global revenues. The relevance of Western Europe in the process can be ascribed to several factors. This paper investigates the causes of this process, summarizes the main trends of privatization activity at the country level, analyzes the main privatization drivers and provides an account of the main findings of the effects of privatization at the macro and microeconomic level

Voluntary technological disclosure as an efficient knowledge management device: An empirical study

This paper investigates three questions related to endogenous information and knowledge disclosure by firms: Which industry sectors are more apt to disclose information and knowledge? Why is such knowledge released? Is knowledge disclosure an efficient strategy? An empirical analysis on four French data sets that focus on appropriation, the practices of innovation, and the related payoffs suggests answers to these questions. A firm with high R&D intensity, from a high-tech sector, participating in R&D partnerships is found to be more likely to engage in disclosure. Firms in the sample were found to 'leak' their knowledge to public laboratories to a greater degree than to other private sector firms. Leakage also was found to be associated with improved innovation performance. This research helps broaden the literature on knowledge management practices to include not only the pursuit of formal intellectual property rights such as patents but also less formal inter-organizational knowledge transmission mechanisms.Innovation, Endogenous spillovers, Cooperation, Appropriation,