Sustainable Knowledge Management and Its Impact on the Performances of Biotechnology Organizations

Abstract

Starting from the findings of specialized studies on knowledge management in the field of biotechnology, this paper aims to present the factors that underline sustainable performances of Romanian biotechnology organizations. Particularly, descriptive analysis of these factors has outlined a picture of the current situation of biotechnology in Romania. The design of an exploratory knowledge management model for organizations in the biotechnology sector was achieved and validated through a panel data model. Starting from a model of growth based on productivity, capital inflow, and human capital, three statistical hypotheses were validated by a time series data panel regression model using EViews 9.0 software. The data were collected for the enterprises active in the field of biotechnology for a period of nine years. The paper highlights the fact that the economic performance of biotechnology organizations is determined by the flow of capital, productivity, and the workforce. Knowledge-based growth strategies are essential in the econometric model presented. Nevertheless, in terms of knowledge management strategies, the sector has not reached its maturity, and full sustainability is not a norm.

Financial Constraints and R&D Investment: The Moderating Role of CEO Characteristics

“…In order to test the moderating effect of CEO gender on the relationship between financing constraints and R&D investment, this study then divided the sample into two sub-sample and tested Model (2) through grouped regression [47], Model (3) and Model (4) shows the results. Among them, Model (3) is the male CEO group and Model (4) is the female CEO group.…”

“…Second, financial constraints and CEO characteristics will not only affect firm R&D behaviors but also firm innovation performance [3,13] as well as overall business performance [27,52]. As the ultimate purpose of R&D investment is to produce innovation output and obtain business value, future research needs to employ a multi-level dataset and empirically examine the joint effect of financial constraints and managerial attributes on firm innovation performance and business performance.…”

“…Research and Development (R&D) investment through which knowledge is produced is the key to sustainable innovation and firm performance [1][2][3][4][5]. Firms' investment decisions not only depend on the cost-benefit analysis of the investment projects, but is also constrained by the access of capital [6][7][8].…”

The Influence of Knowledge Sharing on Sustainable Performance: A Moderated Mediation Study

“…As a consequence, achieving a sustainable performance among organizations has become a vital focus of academic interests in the fields of management and environmental science [2][3][4][5][6]. In effect, research on ambidexterity and sustainable performance has achieved robust growth in the last few decades [7,8] and knowledge sharing has turned into the center of this fusion [8]. As such, researchers are increasingly exploring processes that lead to knowledge creation and knowledge integration to achieve a sustainable performance [9].…”

Praxeological Components of Biotech Companies’ Corporate Control Systems Integrated Assessment

“…At the same time, the dynamics of the activities of biotechnology organizations in the past years have shown a large fluctuation in terms of projects and financial outcomes [5]. All companies in the biotech industry, from start-ups to large international corporations, face new challenges due to changes in the organization of corporate management and control.…”