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The demand for eco-products due to the exigency of friendly and environmental production could affect the employment of the firms. This paper tests whether product and process eco-innovations boost employment in Spain differentiating by the environmental goals (material and energy efficiency and environment responsiveness), by the level of qualification of the workers, and by the dirtiness of the industries. We apply a Green Harrison model, using the Technological Innovation Panel (PITEC) for Spain from 2008 to 2016. Results show a positive relationship between all types of product eco-innovations and employment, while the influence of process eco-innovations on employment depends on the environmental goals, the level of skills, and the industry. Specifically, distinguishing by industry there is a labour-saving effect in clean industries and a labour-friendly effect for low-skilled employment in dirty industries. [ABSTRACT FROM AUTHOR]

This paper analyses the communication carried out by IBEX35 companies in crisis situations in order to determine the mechanisms that try to favour dialogue between organisations and their stakeholders. The sample is made up of the tweets that include the word covid and that have been issued by the 27 IBEX 35 companies that had verified corporate profiles on the Twitter social platform during the first 6 months of the COVID-19 pandemic in Spain. Taking into consideration the dialogic principles established by Kent and Taylor (1998), which were adapted by Rybalko and Seltzer (2010) for Twitter, an adaptation was made to establish indicators to apply to the conversation established on the platform. To analyse the differences in interaction, the t-test for independent samples and the one-factor ANOVA were used. The results show that companies maintain an interest in engaging with their audiences but continue to deal with topics that are not of interest to users, which makes it difficult for a dialogue or conversation to take place between companies and stakeholders. The article shows that the resources most used by companies in crisis situations are the call to action and dialogue, either by asking their users questions or suggesting the desired interaction. While directly asking users for their opinions does not generate more dialogue, the results show that soliciting attitudes, such as commenting, sharing an image or liking an image, does increase interaction. This implies that there is low interest on the part of audiences to join a real conversation. [ABSTRACT FROM AUTHOR]

In February 1888, the workforce at the British-owned Rio Tinto mines went on strike seeking better wages and conditions. As part of their struggle, the miners joined an alliance of local landowners and communities to oppose the company's open-air calcination operations. These threw vast quantities of poisonous sulphur dioxide into the atmosphere, severely damaging the health of workers and local communities. This paper suggests the strike, the first such environmental action in Spain, was an example of broad-based political resistance to the application of free market ideology to the process of industrialization. It builds on Karl Polanyi's theory that the unconstrained operation of free markets in the fields of land, labour and finance, advocated by radical economic liberalism, results in existential threats to the social fabric of nations. This leads groups with widely different interests to unite and press for state intervention to curtail the freedom of markets, in the wider interest of society's survival. The Rio Tinto strike which ended with the massacre of a defenceless crowd of protesters and strikers, provides a good example of Polanyi's proposition, as well as illuminating a tragic and often over-looked event in the history of environmental studies. [ABSTRACT FROM AUTHOR]

A recent literature documents a secular increase in the sales-weighted average markup in the United States, a phenomenon that was driven by large and productive firms at the top of the profit distribution. Using rich administrative balance-sheet data, this paper documents the behaviour of markups in Spain before, during, and in the aftermath of the Great Recession. We show that markups rose during the financial crisis. Unlike in the U.S., these dynamics were driven by small and unproductive firms following an increase in their average costs due to a high and increasing share of fixed costs, especially overhead labour expenses. Despite the rise in markups, profit rates fell, especially amongst smaller firms. [ABSTRACT FROM AUTHOR]

This paper focuses on the moderating role of knowledge strategy between threat of imitation and pioneering orientation (PO) in tourism and hospitality firms (THFs) located in cultural destinations. First, it studies the moderation of knowledge exploitation strategy and knowledge exploration strategy separately. Second, it analyzes the moderating effect of combined knowledge strategy, which includes exploitation and exploration. The sample consists of 215 THFs located in World Heritage Cities (WHCs) in Spain. The results show divergent moderating roles. While knowledge exploitation strategy positively moderates the relationship between the threat of imitation and PO, the moderating effect of knowledge exploration strategy is negative. Moreover, combined knowledge strategy also moderates the relationship between threat of imitation and PO. This study contributes to the empirical literature by analyzing different knowledge strategies and highlighting the need for simultaneous consideration of exploitation and exploration of knowledge in THFs located in tourism destinations. [ABSTRACT FROM AUTHOR]

Abstract: The effectiveness of Science and Technology Parks (STPs) as instruments of innovation policy has generated thriving debate among academics, practitioners and policy makers. A gap in the existing literature on STPs is that research mostly does not consider STPs' heterogeneity. The present paper aims at filling this gap, analysing the influence of different STP characteristics on their tenants' performance. Using data on 849 firms and 25 STPs from the 2009 Community Innovation Survey for Spain and a survey of STP managers respectively and after controlling for a wide set of firms characteristics, we find that: (i) firms located in very new or longer established STPs show better innovative performance; (ii) the size of the STP and its management company positively affects the innovative performance of tenants while services provision has no effect on firms' achieving better results; and (iii) firms in less technologically developed regions benefit more from location in an STP. Theoretical, policy and managerial contributions of our research are discussed in the paper. [ABSTRACT FROM AUTHOR]

Purpose: While the born global (BG) phenomenon has been well established in the literature, studies on accelerated internationalization of firms in the service sector have been scarce, particularly for the specific case of knowledge-intensive services (KIS). The purpose of this paper is to explore which competitive characteristics differentiate KIS BGs from other KIS firms in the context of a peripheral region. Design/methodology/approach: The empirical focus of this study comprehends primary survey data from 250 Spanish KIS firms (Andalusia) that have been internationalized and analyzed through ordinal and ordinary least squares regressions. The authors address the "born-global effect" on five features of interest, namely, entry mode, technological capabilities, qualification of staff, external resources and quality of services. Findings: Results suggest that KIS BGs in Andalusia perceive exports as a more relevant form of internationalization than its non-BG peers. Also, KIS BGs in Andalusia present higher levels of technological intensity. Differences in terms of staff qualification, access to extramural R&D resources and the quality of services could not be identified. Research limitations/implications: The main limitation of this research concerns its cross-sectional character, thus hindering the evaluation of developmental trajectories taking place in the cohort under scrutiny. Such an approach would allow a better comprehension of the competitiveness dynamics in internationalized KIS firms. Also, because this assessment is geographically restricted to Andalusia, Spain, the authors recommend caution in establishing direct comparisons and appropriation of results for other regional/national contexts. Practical implications: Recommendations for public policy include establishing the necessary infrastructures to encourage the technological development of KIS companies and provide support – through export promotion agencies, for instance – for early approximation with foreign markets. Taking into account the contributions of KIS firms for the development of a peripheral economy, this involves the need to establish instruments that provide strategic information to internationalize, as well as lines of funding for these companies. Originality/value: Empirical evidence on KIS BGs is needed to fully grasp its differences to other internationalized service firms. The analysis within this specific domain represents an advance in the literature on this subject. Also, the context of peripheral regions – considering their economic differences to core areas – has been understudied. The elaboration and application of the survey have allowed the authors to have access to primary in-depth data and, therefore, to build a better understanding of KIS BGs in Andalusia, Spain. [ABSTRACT FROM AUTHOR]

Abstract This paper investigates the incentives and inhibiting factors of eco-innovation capacities in the firm. Firms materialize the objectives of eco-innovation from a reactive attitude to external pressures, to a more proactive attitude that implies the voluntary incorporation of eco-innovation activities. This variability in the behaviour of companies with respect to the level of eco-innovation development has been a motivator for the research. However, despite the importance of this research question, this has been approached in a dispersed way from multiple approaches. From a dynamic capabilities perspective, we assume that the innovation capacity of the firm encourages eco-innovations. Our paper is focused on the process of eco-innovation, identifying the elements that facilitate or hinder the eco-innovation in the firm. We study the Spanish case, using a panel from the Spanish Innovation Survey, with a sample of 5461 Spanish firms. The results highlight that the complexity of the eco-innovation process negatively affects the decision to develop eco-innovations. However, our results suggest that institutions and organizations of the Spanish environment are making efforts to compensate these obstacles and provide incentives to develop eco-innovations. Highlights • We model investigates the incentives and inhibiting factors of eco-innovation. • Our focus is on the process of eco-innovation from dynamic capabilities perspective. • The complexity of the eco-innovation process negatively affects to develop eco-innovations. • Results show that the experience facilitates the development of future eco-innovations. • The institutions provide incentives to develop eco-innovations. [ABSTRACT FROM AUTHOR]

This paper has as its aim to analyse multinational enterprises' location decisions from the perspective of the knowledge-based firm in an attempt to answer the following questions: Are innovative MNEs more likely to be located in areas with a higher degree of agglomeration? Who benefits to a greater extent − in terms of innovation − from geographical proximity with other agents: national or foreign enterprises? What role does absorptive capacity play in the relationship between agglomeration and innovation? According to this research work, agglomeration differently influences the innovation of MNE subsidiaries – through knowledge spillovers – depending on the types of agglomerated companies. The analysis performed with a sample of firms located in Spain includes local and foreign companies and uses data from a survey conducted by the National Statistics Institute (INE for its Spanish initials) in 2016. The results show that the agglomeration of similar enterprises favours innovation amongst foreign firms, as opposed to local ones, which absorb both positive and negative effects. [ABSTRACT FROM AUTHOR]

This paper analyses emerging forms in which life and work are interwoven, based on 20 ethnographic studies conducted in enterprises in Spain. Whereas after the Industrial Revolution work processes tended to be autonomous from the living environments of production agents, in recent decades a trend in the opposite direction has been observed in some companies. This re-articulation takes place at several levels: a) through the blurring of the boundaries that separate work and everyday life, b) through the reintegration of affective dimensions into work processes, c) in promoting reciprocity and sociability in the economic sphere and d) in the production of meaningful experiences at work. Are we witnessing an emancipating balance between life and work? Or, on the contrary, is private life being colonized by the sphere of production? In this paper we seek to explore a third form of analysis, that of reflexive modernity. [ABSTRACT FROM AUTHOR]

This paper analyses how management (organisational and marketing) innovations influence non-R&D technological innovators’ performance. Drawing on Community of Innovation Survey data to examine 5878 non-R&D Spanish firms, results indicate that the joint introduction of management innovations with technological innovations improves technological innovative performance thanks to the creation of complex innovation capabilities. Thus, the joint adoption of management and technological innovations in tandem is linked to a premium effect on performance based on complementarities. Non-R&D technological innovators heavily use organisational and marketing activities in order to compensate for their lack of engagement in R&D activities. This is the first paper that brings the management innovation literature into the non-R&D technological innovators debate, using a resource-based view framework. [ABSTRACT FROM AUTHOR]

This paper provides an ethnographic exploration of the current socioeconomic and political crisis of Spain from the case study of a Rural Development Group in Asturias (Spain). This group channels EU funds into a region undergoing dramatic economic decline and depopulation, while at the same time attempts to create a fictitious territorial identity for commercialization purposes. To do so, a Cultural Park project was planned but never implemented in reality, being replaced by a series of large infrastructure investments. The paper argues that in order to understand the Spanish corporatist neoliberalism, we need to increase our knowledge from an ontological perspective. This implies addressing the realities enacted and constructed by social actors in practice, halfway between traditional clientelist dynamics and neoliberal free market logics. This hybrid phenomenon is publicly criticized but largely unknown. In it, communities of complicity distribute public resources without public accountability. In turn, citizens ignore, tolerate or participate –either actively or passively– in the process. In addition, the paper presents a case study of the failure of knowledge transfer processes in Spain, showing that shortcomings are not due to wrong epistemological practices but rather to the internal dynamics of communities of complicity, which can do without knowledge and academia to reproduce themselves. Finally, it is argued that “politics" should be retained as an ethnographic concept instead of a ubiquitous self-explanatory universal category if we want to retain its critical capabilities. [ABSTRACT FROM AUTHOR]

This paper examines how governance actors in regional business systems engage with foreign-owned multinational corporations which are present within their territory, in attempts to retain investment and link their regions to global production networks. This is done through a qualitative analysis of policy and practice in six sub-national regions in three advanced industrialized economies (Canada, Spain and the UK), thus permitting both international and intra-national comparisons. We find that while there are broad similarities in the types of governance mechanisms used, there are notable differences in the extent and intensity of forms of market, state and associational governance of foreign direct investment. These differences partly correspond to broader institutional differences in the nature of business systems, and partly to the socio-political construction of sub-national governance space. [ABSTRACT FROM AUTHOR]

This paper studies the territorial effects of the LEADER approach in Southern Europe, by analysing the region of Andalusia (Spain). Our research has revealed that, in many cases, projects were concentrated in the most dynamic, most populated areas, with a well-established business network with the financial and organizational capacity required to access European funding. In these areas, the economic leadership of the most dynamic municipalities has been reinforced at the expense of more depressed areas with little social capital and few businesses. These programmes have not, therefore, helped to mitigate territorial imbalances. In a minority of rural areas, however, this trend was not observed, which shows that although territorial inequality is a widespread problem in the practice of neo-endogenous rural development, it does not affect all areas to the same degree. [ABSTRACT FROM AUTHOR]

This paper develops a random continuous-time model that simplifies calculation of insurance linked securitie' (ILS) underlying catastrophic loss index and allows us to price them with the traditional option valuation methodology. Under the hypothesis that the total amount of the catastrophe is defined as the sum of two random variables, the incurred claims amount and the incurredbut- not-yet reported claims amount, we model the decreasing dynamics of the latter through a geometric Brownian process characterized by two Wiener processes that introduce a greater volatility to the model which increases its accuracy. The difference between the incurred-but-not-yet-reported claims amount and the total amount of the catastrophe results in the reported claims amount, which is the numerator of the loss ratio that we intend to determine. In order to verify the validity of the proposed hereby, its parameters are estimated using the maximum likelihood method and a Ji-square normality test is performed on a sample of six floods occurred in several Spanish locations prone to such events. [ABSTRACT FROM AUTHOR]

The purpose of this paper is to explore whether collaborating with public research organizations (PROs) contributes to strengthening the innovation culture of small and medium sized enterprises (SMEs). We examine to what extent their innovation culture is reinforced by collaborations with research organizations and investigate the type of organizational strategies that enhance this effect of collaboration. The empirical study is based on a survey of firms that collaborate with the largest Spanish PRO, Spanish National Research Council (CSIC). Our results indicate that SMEs differ greatly in their capacity to strengthen their innovation culture through collaboration with research organizations. We show also that firms with formal innovation plans that develop internal and external search strategies are more likely to improve their innovation culture as a result of collaboration with PROs. These findings provide managers with new insights into how to strengthen their firms' innovation culture through collaboration with research organizations. [ABSTRACT FROM AUTHOR]

This paper, which is of interest to practitioners, will analyse companies in the manufacturing sector that hold Spanish and European environmental patents, linking the registered green patents with the economic and financial characteristics of the companies. Specifically, the relationship between green patents and the collaboration of companies with research and development (R&D) centres is analysed. The results of surveying an ad-hoc database comprising 1606 Spanish companies indicate that the ways in which the companies collaborate with R&D organisations can shed light on green patent holdings in the Spanish manufacturing companies. Moreover, the authors find that financial performance, age, and size are all significant factors in the development of green patents. [ABSTRACT FROM AUTHOR]

The purpose of this article is to outline the impact of marital overturns in the legal and economic form of family businesses. This paper is mainly focused in analysing the preferential awarding right set forth in article 1406.2° of the Spanish Civil Code in favour of the managing spouse of the family business which, in our opinion, might be a solution to the distorting effect that the winding up and liquidation of the marital assets may imply to the continuity of family businesses in Spain. It also analyses the major problems that this process may face when it comes to monetize the value of the shares that one of the spouse will receive, especially in those cases of minority holding. [ABSTRACT FROM AUTHOR]

One of the most commonly used agile methods is Scrum. Capability Maturity Model Integration for Development (CMMI-DEV) is currently the de facto framework for process improvement and for determining the organizational maturity of software development companies. CMMI-DEV and Scrum share certain characteristics, and even though they were developed for different purposes, they can be complementary to each other; and as such, they are not in competition. This paper presents a case study of the relationship between level 2 of CMMI-DEV 1.3 and Scrum. This research has focused on the relationships between Scrum and level 2 of CMMI-DEV 1.3. The objective of this research paper is to evaluate how Scrum helps implement a process model such as CMMI-DEV. A detailed case study was conducted among Spanish IT companies. The case study was designed according to established guidelines for cases studies. There were eight principal activities: case study design, case selection, case study procedures and roles, data collection, analysis, plan validity, study limitations, and reporting. The results obtained show that most of the process areas of CMMI-DEV level 2 had been improved by using Scrum. Other issues detected arose during the formal appraisals and illustrated how it is possible to verify with Scrum that the specific goals of CMMI-DEV have been implemented. In addition, it highlights how the use of open-source tools was useful in improving the process in the companies involved. Based on the case study carried out, the addition of Scrum methodologies may improve the increase in quality of software processes. [ABSTRACT FROM AUTHOR]

A sense of belonging is a crucial factor determining the identification of the firms in industrial districts. From the social capital perspective, this paper analyses how the structural and relational dimensions of social capital determine a firm's sense of belonging to the industrial district. The study analyses a sample of 213 companies belonging to two Spanish industrial districts. Results of the survey offer an important contribution to the specific literature by finding the explanatory factors with which to distinguish between groups according to their level of embeddedness in the district. [ABSTRACT FROM AUTHOR]

Purpose The purpose of this paper is to examine wage differences between part- and full-time workers distinguishing by gender by using a large Spanish matched employer-employee data set and an econometric decomposition that permits to decompose wage differences by quantiles of the wage distribution.Design/methodology/approach The research is based on cross-section matched employer-employee microdata from a large representative survey (the Encuesta de Estructura Salarial) which is carried out with a harmonised methodology common to all European Union member countries and that has been designed specifically to provide reliable evidence about characteristics of the wage distribution such us wage differentials associated with the type of working time. From a methodological point of view, the econometric decomposition technique proposed recently by Fortin et al. (2011) to decompose wage differences between part-time and full-time workers by quantiles of the wage distribution is applied. This methodology has the advantage over similar techniques that provides a detailed decomposition of wage differentials and has not been used before to examine the wage impact of part-time jobs.Findings The results show that the significant raw wage gap that part-time workers experience in Spain differs substantially along the wage distribution. In the case of part-time females, the wage disadvantage is mostly explained by their relative endowments of characteristics (and particularly by their lower endowments of human capital and their segregation into low-wage sectors) but a significant wage penalty still persists, increasing along the wage distribution. In the case of males the wage disadvantage is only found in the lower part of the distribution and it is due both to their worst endowments of characteristics and a significant wage penalty.Research limitations/implications The evidence for Spain shows that the part-time work tends to affect differently to the wages of males and females, with a higher part-time penalty for males, as predicted by the “flexibility stigma” hypothesis, and penalising low-qualified men in the lower part of the wage distribution and high-qualified women in the upper part of the distribution the most.Originality/value The analysis contributes to the literature by examining wage differences along the wage distribution for both genders using econometric decomposition methods, an aspect that to the authors’ knowledge has been examined only scarcely in the international literature with non-conclusive evidence and has not been examined in previous studies for the Spanish case. In this vein, Spain is a particularly interesting analysis case from an international perspective of the wage consequences of part-time jobs, given that in contrast with most other advanced countries a majority of part-time employment in this country is involuntary and this phenomenon is especially affecting disadvantaged groups. [ABSTRACT FROM AUTHOR]

Recent decades have witnessed an increase in the number of eco-innovative solutions which improve the environmental performance of firms whilst also helping them remain competitive. However, the implementation of eco-innovation in Spain has faced certain difficulties, and the number of eco-innovations being put into practice is limited. This paper conceptualises ecoinnovation processes, in order to assist their adoption by firms. Also, the most relevant obstacles and incentives to eco-innovation are analysed, as well as the specific capacities and changes that eco-innovation involves for the firm. [ABSTRACT FROM AUTHOR]

The reason most frequently adduced by SMEs to avoid the implementation of CSR programs is their shortage of material resources. In this paper we propose the possibility that biotech SMEs supply the RSC with something they've got in abundance, that is, knowledge. Popular science thus becomes the focus of these programs, an affordable resource that can benefit them, and not only in reputation. Our study focuses on 32 SMEs settled in four Technology Parks in Andalusia. [ABSTRACT FROM AUTHOR]

This paper shows how Balanced Scorecard perspectives can be used to analyze and define the strategic objectives followed by the five large electricity generating and distributing companies in Spain. [ABSTRACT FROM AUTHOR]

Abstract: The aim of this paper is to analyze the evolution of the implementation and integration of standardized Management Systems (MSs) such as ISO 9001 and ISO 14001. Specifically, we study the implementation of different standards during a four-year period (2006–2010) and we examine the level of integration of different MS elements such as the resources, documentation, goals and procedures during this period. Additionally, the paper aims to evaluate the impact of integration on companies over time, namely the difficulties experienced by firms during the integration of MSs in organizations with more than one MS. In order to accomplish these objectives, the first dynamic study on the integration of MSs has been undertaken. In order to compare firms that integrate their MSs in two different moments in time, two empirical studies were conducted, one in 2006 and one in 2010. These studies used a survey directed to firms with more than one MS in Catalonia (Spain). This paper contributes to the understanding of how firms that have an Integrated Management System (IMS) integrate their standardized MSs and how they perceive the challenges related to managing the IMS over time. It also demonstrates that firms integrate their MSs rather than keep them separated, therefore showing a tendency toward integration over time. [Copyright &y& Elsevier]

SME innovation strategy and motivation has become one of the most challenging subjects of innovation policy. New innovation models proposed recently have captured the attention of policy makers. However, these models seem for the most part to be applicable to medium-sized or large enterprises. The objective of this paper is to analyse the open innovation model in the case of outsourced cooperative R&D in SMEs. Although the driving forces for outsourcing innovation in SMEs are in some respects similar to those for large firms, others are linked to lack of resources, but both have in common the pursuit of efficiency in R&D and technology transfer. This paper is based on an empirical study of open innovation in SMEs and proposes a model for analysing the critical elements which influence performance and strategic alignment between R&D performers and their partners (in most cases, SMEs). [ABSTRACT FROM AUTHOR]

Purpose -- The purpose of this paper is to analyze how the educational level and diversity of a firm's top management team (TMT), moderated by strategic consensus, influence its innovation performance. Design/methodology/approach -- Using Poisson regression analysis, the proposed models were tested on 97 innovative Spanish firms selected from the Dun and Bradstreet database of 2000. Findings -- Results show that a higher educational level in the TMT has a positive and direct effect on innovation performance, while functional diversity and diversity in TMT tenure have a direct and negative effect. However, in a situation of strategic consensus in the TMT, the relationship between functional diversity and innovation is positive. Originality/value -- The paper makes several contributions to previous research. First, few studies have considered the influence of the characteristics and composition of the TMT on the organization's innovation performance. Second, this paper responds to the calls of researchers to enrich the upper echelon theory by considering strategic consensus as a process of interaction between the members of the TMT that modifies the relationship between TMT diversity and the firm's innovation performance. [ABSTRACT FROM AUTHOR]

The aim of this paper is to test the individual effects of total quality management (TQM) on customer results, people results, society results and quality performance in a small- and medium-sized enterprise (SME) context. The research is based on information from 85 ISO 9000 certified SMEs in Spain. A number of regression analyses are applied in order to examine the impact of TQM on these four results and identify which factors of TQM have the greatest effect. After analysing the survey data, 10 SMEs were randomly selected for individual visits, in order to check the results. The results show that TQM may improve customer results, people results, society results and quality performance. TQM factors related to training and specialist training are showed to be the most significant predictors of quality outcomes. The contribution of this paper is to study this association in SMEs in Spain. Copyright © 2007 John Wiley & Sons, Ltd. [ABSTRACT FROM AUTHOR]

The objective of this theoretical-empirical study is to investigate the bidirectional relationship between Corporate Social Responsibility and Financial Performance in Spanish listed companies. A complete theoretical framework - based on agency, stewardship, dependency resources, and stakeholder theories - provides the basis for the conceptual model. An important contribution is the use of a social behavioral index formed by four components: Global Reporting Initiative participation, Dow Jones Sustainability Index firm inclusion, Good Corporate Governance Recommendations compliance, and Global Compact signee. The conclusions drawn from the empirical study performed on the companies registered on the Madrid Stock Exchange demonstrate positive relationships in both directions, namely that the social is profitable and that the profitable is social, thereby originating a positive feedback virtuous circle. The results of this analysis have practical applications in the boardroom; they are proof that all social policies increment financial resources, and vice versa, that increased financial performances lead to greater social benefits. As a consequence, this paper encourages all board members to seriously weigh investing financial resources in developing policies that boost the levels of social behavior components in order to contribute globally to the improvement of society. [ABSTRACT FROM AUTHOR]

In this paper we use a panel of manufacturing firms in Spain to examine the extent to which they use internal and external sources of information (customers, suppliers, competitors, consultants and universities) to generate product and process innovation. Our results show that, although internal sources are influential, external sources of information are key to achieve innovation performance. These results are in line with the open innovation literature because they show that firms that are opening up their innovation process and that use different information sources have a greater capacity to generate innovations. We also find that the importance of external sources of information varies depending on the type of innovation (product or process) considered. To generate process innovation, firms mainly rely on suppliers while, to generate product innovation, the main contribution is from customers. The potential simultaneity between product and process innovation is also taken into consideration. We find that the generation of both types of innovation is not independent. [ABSTRACT FROM AUTHOR]

Innovation is considered to be one of the key factors that influence the long-term success of a company in the competitive markets of today. As a result, there is a growing interest in the further study of the determining factors of innovation. Today, the focus is on these factors related to people and behavior, emphasizing the role of organizational culture, as a factor that can both stimulate or restrain innovation, and therefore affect company performance. However, there is little empirical research linking these variables, particularly in the Spanish context. The purpose of this paper is to study these links by using a sample of industrial companies. The results show that culture can foster innovation, as well as company performance, or it could also be an obstacle for both of them, depending on the values promoted by the culture. It has been found specifically, that an adhocratic culture is the best innovation and performance predictor. Based on these results, it can be concluded that, innovation mediates the relationship between certain types of organizational cultures and performance. [ABSTRACT FROM AUTHOR]

In order to design integrated product-service offerings and implement servitization processes, manufacturers need practical and tangible methodologies. Service design has been suggested as a way to facilitate such processes. This paper assesses the results gathered from an experiment of the implementation of service design in six Basque manufacturers already undergoing servitization processes. Data was collected by means of participatory observation and semi-structured interviews. The findings suggest that service design allows manufacturers to go beyond product-oriented mindsets and to design integrated product-service value propositions through focusing on the experience offered to customers. Moreover, it concludes that service design can be applied without needing to fully transition towards services as a core offer. Nonetheless, manufacturers participating in this experiment highlighted the need to consider business competencies in service design in order to properly assess and manage all the change elements inherent to servitization. [ABSTRACT FROM AUTHOR]

The aim of this paper is to show how managing human capital companies are able to enhance their corporate reputation and financial performance. In particular, this preliminary study analyses the impact of human capital on reputation perceived by employees and financial performance (by means of the return on capital employed -ROCE-). Using a database of Spanish audit sector and applying an exploratory and confirmatory factor analyses, three factors of human capital are obtained (Staff Quality, Staff Management and Staff Results) which have been related to the dimensions of employees' views of reputation and ROCE through a path analysis. The results reveal that staff quality (firms with creative employees, who perform their best and think actions through, and where there is no trouble if individuals left) has a significant and positive influence on all the dimensions of reputation. Staff management (firms with clear recruitment and succession training programs, upgrade employees' skills and employees who give their all) has a significant and positive impact on resource management, ethics and media reputation. Staff results (employees are satisfied and they do not have to bring down to others' level) have a positive and significant effect on business leadership, resource management, ethics and media reputation. No significant effects are found in when human capital factors and financial performance are linked as a consequence of the financial crisis. We also obtained unexpected results in the impact of reputation perceived by employees on financial performance. In any case, a practical implication for these results is that service companies which manage adequately their human capital can increase the employee views of corporate reputation, having the factor Staff Quality a double significant and positive influence on reputation than other two factors. [ABSTRACT FROM AUTHOR]

In this paper, the staffing policies of some leading consulting firms in Spain are analyzed to identify the factors that characterize them, as well as similarities and differences among them. The case study method is used for this analysis, and three case studies are considered: Accenture, IBM and Company Z. The results suggest that the professional partnership model and the managed professional business model are still relevant but are insufficient in explaining the various policies. Five factors are identified in addition to major trends. [ABSTRACT FROM AUTHOR]

Even though there is a plethora of studies that analyze the effects of training on organizational performance, it is not clear how this transfer process of training to results takes place. The absorptive dynamic capability could be the core concept, which could help explain this transfer process of training translates into results. The purpose of this paper is to develop an approach to determine whether absorptive capacity mediates the connection between training and performance in Spanish family businesses (Absorptive Capacity-Based View). We illustrate our point by means of six case studies of Spanish family businesses, through the case study method. [ABSTRACT FROM AUTHOR]

There are a growing number of social enterprises in Spain. Like any other organization, they must be managed efficiently. However, few studies have analyzed the direction of this type of business and, to a lesser extent, how they manage their human resources. This paper focuses on how Spanish social enterprises manage their human resources by using a case study methodology. The results confirm that social companies do follow human resources practices but, due to the strong social component that moves and attracts workers to contribute to their missions, these practices differ from those made by non social enterprises. Therefore, it is necessary to prevent the escape of talent from social companies by applying ethical and social responsible human resources practices, and by managing volunteers in accordance with their social characteristics. [ABSTRACT FROM AUTHOR]

During the last decade, rural historians have increasingly studied the wealthier sectors of rural communities. This paper seeks to analyze the economic activities of rural elites, focusing on the Midlands in the kingdom of Valencia during the fifteenth century. The combination of both notarial and court of justice registers provides a perspective on the multiple businesses of those families and offers insights into the general trends of European rural elites in the Middle Ages, as well as specific information about those in Valencia. [ABSTRACT FROM AUTHOR]

The impact of the internationalization of social economy companies generates balanced profit and loss accounts (triple bottom line) and spreads still further a way of doing business which focuses on a socially sustainable production economy, at a great distance from the speculative economy. Previous evidence of the differential and strategic fact of social economy companies and their need to internationalize in order to guarantee their sustainability triggered this investigation. Its aim was to generate knowledge about the international orientation of cooperative companies and worker-owned companies in Andalusia and to link this to their economic results and the outcome of their innovations. Confirming the Uppsala Model through the international orientation status of social economy companies in Andalusia, this paper shows how a series of specific factors, in addition to the relationship with increasing commercial innovation, have an impact on this orientation. [ABSTRACT FROM AUTHOR]

Although there is a general recognition in the literature that training improves a firm's performance, empirical research does not always provide evidence to support this effect. One possible explanation is that training does not have a direct effect on performance but an indirect effect by improving other organizational outcomes. This paper suggests that organizational learning is one of those variables and that it mediates the relationship between training and performance and that the adoption of a learning-oriented training enhances performances through its positive effect on organizational learning. Using a sample of Spanish firms we obtain empirical evidence, which supports the view that this mediating effect is present. [ABSTRACT FROM AUTHOR]

Our objective in this paper is to analyse which Spanish businesses are operating within China, what their reasons are for being in this country, study their difficulties and list their priorities for the coming years. Reasons for satisfaction and dissatisfaction are also analysed. Spanish firms operating in China are mostly in the services sector (56%), in particular, in the areas of professional services, such as advertising, legal advice, consulting, etc. Almost half of the Spanish businesses have established themselves in the Shanghai area. Contrary to what is usually believed, most firms set up business in China to access the market, and not to employ low cost labour. In terms of continuity, the answer is almost unanimous: most Spanish firms plan to stay in the country for the next few years. Their main interest lies in accessing the opportunities of this vast market. [ABSTRACT FROM AUTHOR]

ABSTRACT The objective of this paper is to analyze why firms in some industries locate in specialized economic environments (localization economies) while those in other industries prefer large city locations (urbanization economies). To this end, we examine the location decisions of new manufacturing firms in Spain at the city level and for narrowly defined industries. First, we estimate firm location models to obtain estimates that reflect the importance of localization and urbanization economies in each industry. Then, we regress these estimates on industry characteristics related to the potential importance of labor market pooling, input sharing, and knowledge spillovers. Urbanization effects are high in knowledge-intensive industries, suggesting that firms locate in large cities to benefit from knowledge spillovers. We also find that localization effects are high in industries that employ workers whose skills are more industry-specific, suggesting that industries locate in specialized economic environments to share a common pool of specialized workers. [ABSTRACT FROM AUTHOR]

This paper applies dynamic capabilities approach to the study of family businesses. We introduce the term ‘dynamic familiness' to show the capability of family firms to create, extend, or modify their unique bundle of resources coming from the interaction between the family, the individuals and the firm. Our aim is to give empirical evidence about the process of generation and reconfiguration of the resources in the family firm. This process will allow the firm to evolutionary adapt and survive through the generations. To achieve this objective, we conduct a case study in Grupo Yllera, a representative firm of Spanish family firms. [ABSTRACT FROM AUTHOR]

The purpose of this paper is to study corporate volunteering through both theoretical and practical analysis of the situation in Spain. It outlines the conceptual framework and classification employed, the positive effects and synergies that flow from corporate volunteering and models and strategies for its development, then presents the main data on the extent and the reality of corporate volunteering in Spain. [ABSTRACT FROM AUTHOR]

Abstract: This paper presents the results of a research study whose main objectives were to analyze and compare internal and external management system audits regarding their implementation and integration in Spanish companies. Nine variables were investigated, namely the audit team, schedule, strategy, plan, report, methodology, guidelines, frequency and outputs. The results show that there are some significant differences regarding the audit team formation, the auditing guidelines used and the frequency of conducting the audits. The rest of the variables did not exhibit significant differences between internal and external audits. In addition, the integration level of both these categories of audits is very high for all the audit elements analyzed. [Copyright &y& Elsevier]

The paper attempts to identify the roles played by major Spanish NGOs (44 of the 100 largest in terms of their budget) in the process of collaboration between them. The results seem to show three groups of organizations with homogeneous behaviour. The first, those with very large budgets, engage in very active collaboration with other less related sectors. The second group is also made up of large-scale organizations, which focus on development activities and collaborate with other organizations in their sector. Finally, the third group is more heterogeneous, and the organizations cooperate less, for different reasons: either they are very wary of engaging with other organizations, or they prefer to engage in smaller-scale collaborations with other organizations with which they share a mission (values, ideology, beliefs, etc..), or they are isolated from the rest because they are involved in some legal process or judicial intervention. The method applied is Blockmodel Analysis, in the context of Network Theory. [ABSTRACT FROM AUTHOR]

Corporate social responsibility (CSR) researchers focus on the performance of the firms indexed in their field, and they reach different conclusions. This paper analyses if there are differences in financial performance of companies considered as highly socially responsible (those that compose the Spanish sustainability index FTSE4Good IBEX) as well as other IBEX companies not included in that index. We theoretically examine the relationship between a Jinn responsible behaviour and its financial performance. We also make an empirical study to analyse this relationship. The results show that the differential aspects between both groups of companies are market risk variables and debts and size variables. [ABSTRACT FROM AUTHOR]

The impact online social networks are having nowadays as a marketing tool in the performance of companies is yet to be made clear. Such an impact is being looked into in this paper on the basis of Spanish companies' data. Structural equations being applied to a multi-group are the channel through which an attempt is being made to ind out whether an intensive use of these networks in the marketing ield shall somehow restrain the relationship between dynamic capabilities, market orientation and entrepreneurial orientation, and what is the impact these networks are having on the latter. Survey outcomes show that this intensity somehow makes the relationship between market orientation and performance and entrepreneurial orientation smoother. A strong and determined marketing strategy in social networks could strengthen up these relationships thus enhancing their performance. [ABSTRACT FROM AUTHOR]

Businesses use their resources and abilities to maximise their efficiency, and the implementation of innovative tactics has become common in recent years. Based on the evaluation of a performance model based on the variables of the Cobb-Douglas production function, the present paper intends to empirically confront the ways in which Spanish agribusinesses and farming companies, particularly the ones located in the Murcia region, can improve their management through their efficiency and their relation to innovation. [ABSTRACT FROM AUTHOR]

The question of considering a cooperative's transactions with its members in pursuance of its objects (its 'cooperativised activity') to be related party transactions and applying the fair value criterion to them has given rise to some debate in Spain. To move the debate forward, this article first studies the related party rules in the IFRS, the US GAAP and the Spanish PGC-2007 accounting standards then examines the economic background to cooperativised transactions, concluding that the fair value criterion is not appropriate in these cases. It continues with an empirical study of information on related party transactions divulged by cooperatives and the valuation criterion employed in transactions with their members by cooperatives that report in accordance with IFRS, and concludes by comparing the results of the empirical study with the previous analytical study. The main contributions of this paper are that to the best of our knowledge this is the first study of this kind on related parties; the comparison between its conclusions and the recent Normas sobre los Aspectos Contables de las Sociedades Cooperativas or Rules on Accounting Aspects of Cooperative Societies (Order EHA/3360/2010); and the suggestions to the accounting regulators for improving financial information. [ABSTRACT FROM AUTHOR]

This paper examines the whole role of both board of directors and ownership structure on the effectiveness of executive compensation design in Spanish listed firms. Using a principal-principal agency framework and based on panel data methodology analysis in the period 2004-2011, results show that high level of ownership concentration influence negatively in the executive compensation alignment, having an adverse effect on minority shareholders' interests. Moreover, evidences show that type of controlling shareholder determines supervisory board effectiveness, which only exert an effective monitoring over executive compensation - increasing variable pay and diminishing fixed salary-, when majority shareholder has not linked to management of the company. [ABSTRACT FROM AUTHOR]