A Veblenian Critique of Nelson and Winter’s Evolutionary Theory

Jo, Tae‐Hee

doi:10.1080/00213624.2021.1994789

Cited by 4 publications

(2 citation statements)

References 57 publications

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“…To understand how the internal and external organizational barriers and levers can impact the adoption process of the intercropping system, we have recourse to the Nelson and Winter evolutionary approach [55]. The latter emphasizes how the organization manages its innovation process in a context of change and evolution fraught with uncertainty [56][57][58]. It also highlights the dependence of the innovation process on the evolutionary trajectory of the technology, where evolution is defined as a process of change driven by internal and/or external organizational drivers [59].…”

Section: Barriers and Levers To Adoption And Internal/external Incent...mentioning

confidence: 99%

Relative Importance of Barriers and Levers to Intercropping Systems Adoption: A Comparison of Farms and Co-Operatives

Farès

Mamine²

2023

Sustainability

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This paper focuses on the barriers and levers to the adoption of Wheat–Pea intercropping systems. More precisely, we define a hierarchy of the main barriers and levers to adoption using the Relative Importance Index (RII) method. This method allows comparison of incentives, negative (brakes) and positive (levers), for adoption at two levels of the value chain, i.e., the farmer and the co-operative level. For this comparison, we conducted two surveys: one on 71 Belgian farmers and the other on 19 French co-operatives. Our results show that the barriers of high importance for the farmers are both internal and external, while the co-operatives consider only internal barriers. That is, the farmers mainly focus on external (market access and public subsidies) and internal (lack of technical advice and extension, as well as collection and storage problems) obstacles to evaluate the intercropping system. For the co-operatives, the most important barriers are related to the sorting and storage of the mixture (internal barriers). Regarding levers, farmers and co-operatives converge on the importance of almost the same external levers, e.g., building new value chains through contracts and labeling, specific extension services for farmers and logistical support for co-operatives.

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Section: Barriers and Levers To Adoption And Internal/external Incent...mentioning

confidence: 99%

Relative Importance of Barriers and Levers to Intercropping Systems Adoption: A Comparison of Farms and Co-Operatives

Farès

Mamine²

2023

Sustainability

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“…Lall (1992) demonstrates that the enterprise's innovation increases corporate financing and entrepreneurial assets. So, the financial assets also improve the innovation among the enterprises (Dosi, 1988;Jo, 2020). Thus, the relationship between enterprise investment and enterprise innovation becomes more important, and it attracts more attention from the managers and researchers.…”

Section: Introductionmentioning

confidence: 99%

Investigating the Relationship Between Entity Financialization, Managers’ Incentives, and Enterprise’s Innovation: Fresh Evidence From China

Zhang

Wang

et al. 2022

Front. Psychol.

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The current study examines the relationship between financialization, managers’ incentives, and the enterprise’s innovation. Based on the principal-agent and incentive theories, this study proposes a research model with two management incentives as moderating variables between financialization and the enterprise’s innovation. First, we analyze the direct relationship between financialization and the enterprise’s innovation. Second, we examine the moderating effect of managers’ equity incentive and compensation incentives on the relationship between entity financialization and the enterprise’s innovation in high-tech/non-high-tech enterprises and state-owned and non-state-owned enterprises. This study covers the most recent updated data from both A-share listed companies in the Shenzhen and Shanghai stock exchange in China from 2009 to 2019. This study’s finding indicates a significant negative impact of entity financialization and the enterprise’s innovation. It means that the entity financial has a significant “crowding-out” effect on the enterprise’s innovation. This study also confirms that management incentives cannot effectively suppress a “crowding-out” impact of entity financialization on firm innovation because of the principal-agent severe problem in financialization. Finally, considering the heterogeneities of property rights and degrees of dependence on the enterprise’s innovation, a “crowding-out” effect of entity financialization on the enterprise’s innovation is more significant in high-tech and state-owned enterprises. Managers’ equity incentive significantly affects the enterprise’s innovation in high-tech enterprises, while the managers’ compensation incentive affects the enterprise’s innovation in state-owned enterprises. Our study could help the enterprise to improve the company manager’s incentive and provide the optimal assets allocation to improve the enterprise’s innovation ability. Lastly, this study provides significant policies and recommendations for the public sector high-tech enterprise and private sector high-tech enterprises. Moreover, policies and recommendations are fruitful for the public sector non-high-tech enterprise and private sector non-high-tech enterprise.

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Global supply chains as global commons: some policy considerations from the perspective of microfoundations in an evolutionary framework

Schwardt

2024

Evolut Inst Econ Rev

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A Veblenian Critique of Nelson and Winter’s Evolutionary Theory

Cited by 4 publications

References 57 publications

Relative Importance of Barriers and Levers to Intercropping Systems Adoption: A Comparison of Farms and Co-Operatives

Relative Importance of Barriers and Levers to Intercropping Systems Adoption: A Comparison of Farms and Co-Operatives

Investigating the Relationship Between Entity Financialization, Managers’ Incentives, and Enterprise’s Innovation: Fresh Evidence From China

Global supply chains as global commons: some policy considerations from the perspective of microfoundations in an evolutionary framework

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