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How has Japan become a major economic power, a world leader in the automotive and electronics industries? What is the secret of their success? The consensus has been that, though the Japanese are not particularly innovative, they are exceptionally skilful at imitation, at improving products that already exist. But now two leading Japanese business experts, Ikujiro Nonaka and Hiro Takeuchi, turn this conventional wisdom on its head: Japanese firms are successful, they contend, precisely because they are innovative, because they create new knowledge and use it to produce successful products and technologies. Examining case studies drawn from such firms as Honda, Canon, Matsushita, NEC, 3M, GE, and the U.S. Marines, this book reveals how Japanese companies translate tacit to explicit knowledge and use it to produce new processes, products, and services.

The knowledge-creating company : how Japanese companies create the dynamics of innovation

Building Leadership Effectiveness This program encourages leaders to develop practices that transform values into action, vision into realities, obstacles into innovations, and risks into rewards. Participants will be introduced to the five practices of exemplary leadership: modeling the way, inspiring a shared vision, challenging the process, enabling others to act, and encouraging the heart Coaching & Communicating for Performance Coaching & Communicating for Performance is a highly interactive program that will give supervisors and managers the opportunity to build skills that will enable them to share expectations and set objectives for employees, provide constructive feedback, more effectively engage in learning conversations, and coaching opportunities. Skillful Conflict Management for Leaders As a leader, it is important to understand conflict and be effective at conflict management because the way conflict is resolved becomes an integral component of our university’s culture. This series of conflict management sessions help leaders learn and put into practice effective strategies for managing conflict.

기독교 사역과 Leadership

The 2008 crash has left all the established economic doctrines - equilibrium models, real business cycles, disequilibria models - in disarray. Part of the problem is due to Smith’s "veil of ignorance": individuals unknowingly pursue society’s interest and, as a result, have no clue as to the macroeconomic effects of their actions: witness the Keynes and Leontief multipliers, the concept of value added, fiat money, Engel’s law and technical progress, to name but a few of the macrofoundations of microeconomics. A good viewpoint to take bearings anew lies in comparing the post-Great Depression institutions with those emerging from Thatcher and Reagan’s economic policies: deregulation, exogenous vs. endoge- nous money, shadow banking vs. Volcker’s Rule. Very simply, the banks, whose lending determined deposits after Roosevelt, and were a public service became private enterprises whose deposits determine lending. These underlay the great moderation preceding 2006, and the subsequent crash.

The Economic Institutions of Capitalism

行銷硏究 : Marketing research

The purpose of this study is to analyse the influence of failure factors on entrepreneurial resilience in micro-, small- and medium-sized enterprises (MSMEs).,To achieve this goal, a quantitative and cross-sectional study was carried out. Using a snowball sampling technique, 133 Angolan MSMEs founders responded to a questionnaire.,The results indicate that entrepreneurs attribute the failure of their activities to financial and external environmental factors such as the economic crisis and changes in the country’s laws. However, these entrepreneurs are considered resilient, as they have enough capacity to resist the national market and have a strong sense of optimism.,Based on the empirical evidence, this study shows that the failure factors of the MSMEs studied have a significant influence on some of the dimensions of entrepreneurial resilience. At the practical level, the study can be also seen as a tool to support decision making in allocating resources to improve entrepreneurial resilience in developing economies.,This study contributes to the field of research on MSMEs in an innovative way, through triangulation of the factors of business failure and entrepreneurial resilience. Furthermore, it makes some contributions to developing the theory in entrepreneurship, which has been associated with various studies about business failure.

Influence of failure factors on entrepreneurial resilience in Angolan micro, small and medium-sized enterprises

Strategic alliances have emerged as an alternative mechanism for firms that, due to limitations of size, economy and technology, cannot in the short term get hold of resources to reach key activities. This study intends to show the type of criteria used to measure performance within a strategic alliance. Therefore, to attain this objective, the results obtained from an empirical investigation based on a sample of 114 alliances formed by Portuguese firms are presented. From these results, this study concludes that to evaluate strategic alliance performance, potential partners, managers and institutions are advised not only to turn to measures of a financial character, but rather to a combination of objective indicators and others of a subjective nature, such as partners’ satisfaction. Thus, this study contributes to the literature and the interface between cooperative relationships and strategic entrepreneurship. Several implications are also presented.

Performance in strategic alliances: an analysis of objective and subjective measures

For several years, competing meant reducing costs, as this concept was closely linked to scale economies, and the same strategies were systematically applied. The term of competitiveness was used to characterise firms’ greater or lesser capacity to face the competition. Nowadays, the European Union forces firms to adopt stronger competitive positions, so as to respond to market changes, and to some extent, to be able to survive in their sphere of operation. The continuing need for improvement and constantly increased productivity is an important challenge faced by firms today. For this reason, it can be stated that firms have difficulty in competing individually supported exclusively by its own resources. In fact, at present, and even more so in the future, competitiveness appears in firms’ relationships and networks. Therefore, to compete in a highly complex market, firms must establish cooperations as a business strategy to face difficulties that may emerge.

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Interfirm Alliances: A Collaborative Entrepreneurship Perspective

This study aims to demonstrate the role of alliances in the internationalisation of born globals Thus, we adopt qualitative research using two case studies in Portugal Our results show that alliances are essential for born globals' internationalisation, boosting the competitiveness and sustainability of these firms The creation of alliances permitted sharing of the risks and costs of investment in foreign markets and at the same time access to new knowledge and technologies We provide new perspectives on the role of the founder in the internationalisation process Contrary to what is claimed in the literature, their previous international experience is not an essential requirement

Internationalisation of born globals: the role of strategic alliances

Purpose – The purpose of this study is to understand in what way the business strategy of a firm operating on a global scale is linked to its alliance portfolio,from the product-market matrix of Ansoff (1957) and the resources-partners matrix of Yasuda and Iijima (2005). Design/methodology/approach – To meet this objective,the case study method was adopted,with data being obtained from interviews and documentary analysis of the selected firm/case: Borgstena Textile (BT). Findings – Based on a content analysis approach,it was possible to observe an alliance portfolio with advantages for BT and include those partnerships in the four quadrants referring to the nature of resources and partners defined by Yasuda and Iijima. In terms of growth strategy,BT simultaneously defined the typology of product-market strategies proposed by Ansoff,i.e. BT tries to use strategic alliances to execute specific business strategies. Practical implications – This research seeks to make a practical contribution,identifying the ...

Mário Franco

Papers

Influence of failure factors on entrepreneurial resilience in Angolan micro, small and medium-sized enterprises

Performance in strategic alliances: an analysis of objective and subjective measures

Interfirm Alliances: A Collaborative Entrepreneurship Perspective

Internationalisation of born globals: the role of strategic alliances

Alliance portfolios and firms’ business strategy: a content analysis approach