„Bewertung von physischen Übertragungsrechten — Eine Analyse der Grenzkuppelstellen zwischen Deutschland und den Niederlanden“

The purpose of this paper is to discuss market-coherent valuation of physical transmission rights for cross-border capacities between Germany and the Netherlands. Aiming at a fair valuation of these contracts, the most important stylized facts of electricity prices such as mean reversion, spikes and correlations of regional prices have to be considered. We present two different approaches to the valuation of physical transmission rights and perform a quantitative analysis of the results. On the one hand various challenges of modeling regional price differences are discussed. On the other hand a structural undervaluation of required flexibility is indicated, which implicates missing incentives for the extension of cross border capacities.     

Business model innovation processes of average market players: a qualitative-empirical analysis

Business model innovation is by now mainly understood as a strategic option for firms to enhance competitiveness. As a result, business model innovation research usually focuses on outperforming firms that deliberately innovate their business models. We enhance this rather narrow perspective by analysing business model innovation processes of average market players against the background of a multiple-case study. Our findings show that average market players do at least initially not deliberately pursue business model innovation. Instead, they experience business model innovation as a highly emergent and very often unintended process. We identify four phases of this process and describe them in detail. Furthermore, we highlight factors that determine whether a firm is able to complete the process step or not. The results of our study are reflected in a newly developed process model that considerably enhances the understanding of business model innovation processes with regard to average market players and may serve as framework for future research.     

When less family is more: Trademark acquisition,family ownership,and internationalization

This study examines the relationship between international performance and the orientation of the firm towards trademark acquisition, and discusses family ownership as a moderator of this association. We conceptualize our study along three interrelated lines of ‘openness’ i.e. openness towards external resources, openness of governance, and openness towards international markets. The empirical investigation relies on a panel data analysis over four years, and on a cross-industry sample of European listed companies consisting of 712 observations. Our outcomes reveal that the attitude of the company to enrich the brand portfolio with externally developed trademarks is positively associated with the firms’ international performance. We also find that this relationship is moderated by family ownership. “Less family is more”: we find a positive relationship of openness towards trademark acquisitions with the firms’ international performance, which decreases with the presence of a family in a dominant position.     

The 'Skill-oriented' Strategies of German Trade Unions: Their Impact on Efficiency and Equality Objectives

In the present debate about options for the modernization of trade unions, the predominant argument being propounded is that trade unions and workers' representatives at plant level should take more 'responsibility' for the competitiveness of the firms. Among other things, they are advised to enter into 'alliances' with management at the level of qualification politics. This paper considers some important collective bargaining arrangements which the German trade unions have negotiated over the last few years in order to improve mutually beneficial further training decisions within German firms. The emphasis is on the potential of different agreements for achieving efficiency and equality objectives in the context of contemporary changes in production and restructuring processes.     

Das Paradox der Medienwirkung auf Nichtnutzer

The article presents data from a secondary analysis of the project »Wählerwanderungen und Politikverdrossenheit« from 1994. The data allow to conduct time series analysis on a day-to-day basis. The focus is agenda setting in combination with a thesis formulated by Marcus Maurer — published in Publizistik 2004 — on the paradox of media effects on non-users. In contrast to Maurer, the paper is not concerned with the methodological but the theoretical paradox: Can there be such a thing as media effects on media non-users? The hypothetical effect is analyzed in comparison of daily and less than daily TV news users. The analyzed models confirm the agenda-setting effect: The media agenda affects the public agenda at later points in time, but the public agenda does not have effects on the later media agenda. In addition, there are indirect effects on people who seldom use TV news. As they do not watch every day, there is no direct immediate effect of the media input on them. But there is a significant effect some days later, which we interprete as a consequence of conversation. The effect of the media on the daily users is passed on to less frequent users by interpersonal communication.     

Cross‐cutting organizational and demographic divides and the performance of research and development teams: two wrongs can make a right

In interorganizational research and development (R&D) teams, diverse skills and insights may be combined productively, but the team members' differing organizational backgrounds may also inhibit team performance. In this paper, it is argued that interorganizational R&D teams are more likely to perform with a certain demographic composition. In particular, the problems of an organizational divide can be overcome by a second, demographic divide that cuts across organizational boundaries. With a cross‐cutting demographic divide – or faultline – interorganizational R&D teams may perform; without it, they tend to perform poorly. Supportive evidence is provided in a fuzzy‐set qualitative comparative analysis on 51 projects conducted in a single R&D partnership. As this implies, interorganizational R&D teams should deliberately be composed to show a cross‐cutting demographic divide.     

Working here makes me sick! The consequences of sick building syndrome

This study investigates the consequences of sick building syndrome (SBS) by extending previous research on its impact on employee behaviours and attitudes. The article examines the effect of working in sick buildings on employees' organisational citizenship behaviours, absence, stress, burnout and job satisfaction. We report the findings from a survey of police officers working in air‐conditioned buildings in the Caribbean region. The study draws on social exchange and social relations theories to develop hypotheses on the impact of SBS on employee well‐being and extra‐role behaviours. The findings provide partial support for the hypotheses with SBS associated with reduced employee well‐being and absence but not with organisational citizenship behaviour. The implications of these findings, limitations of the study and further research considerations are discussed.     

New trends in urban development and public policy in eastern Germany: dealing with the vacant housing problem at the local level

Supported by federal funds, many eastern German cities have started to address their acute vacant housing problem, and the new strategies attempt to pursue revitalization in especially consistent and comprehensive forms. This article offers evidence that current policies are not meeting their main objectives. Very little is being done in the older, inner‐city neighbourhoods, although these have been given a top political priority in the planning process since they are perceived as one of the greatest economic and cultural assets of eastern Germany. Rather, the policies have been effective only in the large‐scale housing estates, where local administrations and city governments meet ‘big partners’ with resources for action. Further, it is argued that present policy strategies focus too tightly on housing market issues alone. Many housing problems cannot be solved using housing market policy tools alone as vacancy is caused by the general trends of depopulation and deindustrialization in the region. Avec l'aide de financements fédéraux, de nombreuses grandes villes est‐allemandes se sont attaquées à leur grave problème de logements inoccupés, et les nouvelles stratégies tentent une relance par des formules particulièrement vastes et cohérentes. Cet article démontre que les politiques actuelles n'atteignent pas leurs objectifs principaux. Très peu est fait dans les quartiers anciens déshérités, même si on leur a donné une priorité politique élevée dans le processus d'aménagement puisqu'ils sont en bonne place, dit‐on, dans le patrimoine économique et culturel de l'Allemagne de l'Est. En revanche, les politiques publiques n'ont été efficaces que dans les projets de logements à grande échelle lorsque les administrations locales et autorités de la ville rencontrent des ‘partenaires de poids’ ayant des ressources pour agir. De plus, les stratégies politiques présentes s'attachent trop aux seuls aspects liés au marché du logement. Bien des problèmes d'habitat ne peuvent être résolus à l'aide d'outils de politique de marché puisque la vacance tient aux tendances générales à la dépopulation et à la désindustrialisation de la région.