This paper investigates how firms adapt their innovation strategies to cope with constraints in national institutional environments. It is a comparative case study of Dutch and British dedicated biotechnology firms focusing on a particular type of strategy, the hybrid model. Patterns of skill accumulation and learning present in the Dutch hybrids are indications of how they use institutional advantages to focus on low-risk innovation and build deeper competences while also pursuing high-risk innovation strategies. The Dutch hybrid model offers insight into how firms comply with the dominant logic of the biotechnology field even when their institutional frameworks encourage the pursuit of low-risk innovation strategies.
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This paper develops propositions on the added value of normatively-based, employee-oriented corporate social responsibility, specifically on the issue whether an individual owner-manager can add value within a foreign subsidiary by means of normatively-based, employee-oriented CSR. We suggest that this emerging research area sheds light on managerial discretion within a foreign environment and on the question if globalisation of business, based on economic rationality, inevitably leads to a race to the bottom or that normative resources - the view of owner-managers on the role of employees within their company - add value as well.Based on five case studies, this study develops propositions about the impact of international employee oriented CSR policies on mutual value creation within multinational SMEs. We detect conditions under which employee-oriented CSR adds value, what the influence is of the host country institutional environment and suggest differences across sectors and investment motives. The results suggest that not only motives but also the skills of the owner/manager as an institutional entrepreneur are critical in dealing with institutional variance.Conference paper bij het: 1st Interdisciplinary Conference on Stakeholders, Resources and Value Creation, Barcelona, 7-8 juni 2011
In the digital age, entrepreneurship is now more in demand than ever before. However, digital entrepreneurship is not limited to holding online meetings, paperless office or communication on social media. Rather, it must be seen as a holistic approach to thinking that encompasses all processes of an organisation, including communication and service provision. If we succeed in “thinking digitally”, such as integrating digital process support at all levels, we can experience long-term success and keep uprising competitors at bay.
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