Innovation through initiatives—a framework for building new capabilities in public sector research organizations

The accelerating pace of change in science and technology has resulted in new attention to the process of identifying and developing ideas that ultimately lead to new scientific capabilities and business opportunities for an organization. The need to refresh research programs and capabilities is as important in federally funded research institutions as it is for industry. This paper explores the critical success factors for new initiatives at a federal laboratory, and building on lessons learned through this study and in private industry, identifies a more systematic process that could potentially improve the effectiveness of these initiatives in achieving results.     

MULTINATIONALS’ PRODUCTIVITY ADVANTAGE: SCALE OR TECHNOLOGY?

This study decomposes the productivity advantage of foreign multinationals into a technology and a scale effect and analyses the causal relationship between foreign ownership and these two components. This is done by analyzing the effects of an acquisition of a domestic establishment by a foreign multinational, using a combined propensity score matching and difference-in-differences estimation. The main results show that any positive impact of acquisition is predominantly due to changes in technical efficiency and not in scale and that the preacquisition productivity of the target plays a role in mediating the rate of technology transfer from the multinational. ( JEL F23, L22)     

离村与不离村:发现与思考

社会人口流动和城市化在中国和全球范围内不断地加强,这些都为中国大多数的农村青年提供了机遇.同时,大量的人口仍然留守农村,无论流动人口输出地有多么偏僻,它们仍继续与日新月异的城市密不可分.正因为如此,农村居民对城市和国家的发展与未来发挥着同等重要的内在作用.     

CAN TRADE REALLY HURT? AN EMPIRICAL FOLLOW‐UP ON SAMUELSON'S CONTROVERSIAL PAPER

This paper investigates Samuelson's [Samuelson, P. A. “Where Ricardo and Mill Rebut and Confirm Arguments of Mainstream Economists Supporting Globalization.” Journal of Economic Perspectives, 18(3), 2004, 135–46] argument that technical progress of the trade partner may hurt the home country. We illustrate this prospect in a simple Ricardian model for situations with outward knowledge spillovers. Within this framework Samuelson's Act II effects may occur. Based on industry level panel data for 17 OECD countries for the period 1973–2000 we show econometrically that the outflow of domestic knowledge via exports or foreign direct investment (FDI) to the rest of the world may have a negative impact on industry output in the home country. This is particularly so when exporting to technologically less advanced countries and, more specifically, China. (JEL F10, F11, F14, O30)     

Operational research and the pluralist frame of reference

This paper is concerned with the practice of OR in situations of conflict. Two papers which consider the practice of OR in the public sector are criticised. Both papers do not fully recognise the implications of conflict and the guidance given for action suffers as a consequence. Conflict situations have been extensively studied by analysts of industrial relations and war. Relevant concepts from these studies are introduced which give an awareness of the problems of conflict and some sound guides for action.     

Auctions of companies

Auctions of companies are conducted in ways that contradict received auction theory. The major puzzles are: (1) sellers restrict the number of bidders; (2) sellers restrict the number of bidders; (3) bidders are screened by an initial round of non-binding bids; and (4) bidders offer - and sellers sometimes accept - preemptive bids. Puzzles (1), (2), and (4) are explained by assuming that some information concerning the company can, if released, reduce the value of the company. Puzzle (3) is explained as a way for sellers to select the highest-valued bidders; equilibrium is maintained by using the initial bids to set a reserve price for the final bidding round.     

Testing Time Series for Nonlinearity

The technique of surrogate data analysis may be employed to test the hypothesis that an observed data set was generated by one of several specific classes of dynamical system. Current algorithms for surrogate data analysis enable one, in a generic way, to test for membership of the following three classes of dynamical system: (0) independent and identically distributed noise, (1) linearly filtered noise, and (2) a monotonic nonlinear transformation of linearly filtered noise.We show that one may apply statistics from nonlinear dynamical systems theory, in particular those derived from the correlation integral, as test statistics for the hypothesis that an observed time series is consistent with each of these three linear classes of dynamical system. Using statistics based on the correlation integral we show that it is also possible to test much broader (and not necessarily linear) hypotheses.We illustrate these methods with radial basis models and an algorithm to estimate the correlation dimension. By exploiting some special properties of this correlation dimension estimation algorithm we are able to test very specific hypotheses. Using these techniques we demonstrate the respiratory control of human infants exhibits a quasi-periodic orbit (the obvious inspiratory/expiratory cycle) together with cyclic amplitude modulation. This cyclic amplitude modulation manifests as a stable focus in the first return map (equivalently, the sequence of successive peaks).     

Marginality amidst plenty: Pathways into homelessness for older Australians

In this paper, drawing on in‐depth interviews, we illustrate that despite the significant overall increase in the wealth of older Australians over the last two decades, a sizeable proportion of older Australians (65 and over) are in a vulnerable accommodation situation and many face the possibility of finding themselves homeless. This is especially so for those older Australians who are dependent on government for their income and are living in private rented accommodation. We show that the changing nature of the housing market means that often our informants were not able to find affordable, adequate and secure accommodation. The death of a spouse, rent increases and eviction are common precipitators of a slide into a situation of imminent homelessness. The restructuring of the welfare state and the virtual freeze on the building of social housing means that older private renters who face eviction often have nowhere to turn. Besides not being able to rely on the market or government, many have minimal or no family and social networks.