A Diagnostic Tool for Identifying Disharmonies Within Corporate Innovation Networks

In an article in the previous issue of JPIM , Vasudevan Ramanujam and Gerhard Mensch introduced the concept of mismatches in the perceptions and priorities of various functional specialists, staff and line managers, and senior managers. These mismatches highlight lack of agreement among key participants in the innovation management process within a given company and indicate problems that could hinder performance of the whole management interaction system. Here Mensch and Ramanujam explore the use of a new managerial instrument that can help technology driven companies that are caught in a stalemate in technology. The technique is designed to improve new product development and commercialization of new technology by diagnosing discrepancies in awareness, sense of urgency, and opinions on technological choices which may exist within the organization.     

The importance of customer input in the development of very new products

This research explores the acquisition of customer input and its importance in the development of very new products. Data were gathered on 55 product development projects from the computer telephony integration industry – a new industry experiencing rapid technological change. The data were used to test hypotheses concerning the relationships between product newness, the importance of customer input in the development process, and the use of customer intensive market research methods. We found that the importance of customer input increases with market newness of a product up to a point and then drops off for very new products, whereas the importance of customer input increases with technological newness of a product without dropping off. We also found that the importance of customer input significantly increases the use of customer intensive market research methods; whereas, neither market nor technological product newness in themselves had much direct effect on research methods.     

The impact of demand management policies on black vs. white employment

This article uses vector autoregression analysis to examine the relative impacts on black and white employment growth of monetary and fiscal actions. It was found that the employment responses to anticipated policy actions, while significant, were generally short-lived, with the exception of the effects of anticipated money growth on white employment. The influences of unanticipated policy changes are of a longer duration. The predominant finding in which black employment growth responded differently from white employment growth was in response to a monetary shock. The black employment response was sharply negative while the white employment response was a gradual increase over nine quarters. The results indicate that this difference occurred only during the 1980s and not in the 1970s and suggests that the effects of bank failures and credit rationing during this period may have significantly hurt minority employment opportunities.     

UK Industrial Policy: Old Tunes on New Instruments?

This paper discusses the current Labour government's industrialpolicy—as most recently reflected in its document on manufacturingstrategy—in the context of industrial policy in the UKover the last 50 years and the form that it has taken elsewherein Europe. It concludes that the thematic priorities for UKindustrial policy in the 1960s—international competitiveness,innovation, competition, and skills—continue to be thekey themes of UK policy today. The paper presents data thatillustrate the gaps that exist in key indicators of performancebetween the UK and its main economic competitors. The differencebetween the 1960s and the 2000s is that there are new instrumentsof policy. Two areas in particular are focused on—competitionpolicy and technology policy—and an attempt is made toassess the likely effectiveness of these new instruments. Thepaper concludes that the international evidence base for thesenew approaches is reasonably robust but that it is still toosoon to tell if they are having the hoped-for impact on theperformance of the UK economy.     

Nader's Support: Its Sources and Concerns

Do the consumer advocates, such as Nader, have a real constituency? Where do they get their support? This study, based on a nationwide sample, investigated the extent of support for Ralph Nader and his program, and its sources. Nader was found to have substantial support, a major portion of it consisting of middle-income political liberals. Those supporting Nader were found to be active complainers and supporters of other political and social causes, suggesting that support for Nader is part of a broader pattern of activisim.     

Interregional exchange as a development factor of the cluster structure of a regional economy

This article considers theoretical, methodological and practical aspects of the formation of the cluster structure of a regional economy, shows the role of interregional exchange in this process and presents parameter estimates of interregional exchange on the basis of a gravity model (on the example of the Republic of Bashkortostan).     

Medical Malpractice Liability and Physician Migration

This paper uses national data on individual physicians and two control groups to provide evidence on the extent to which each of five medical malpractice reforms impacts the decision to move one's medical practice to another state. We find robust evidence that states that have implemented noneconomic damage caps experience less out-migration of physicians than states that do not have these reforms. In addition, we find some evidence that joint and several liability reforms and patient compensation funds also impact the migration decisions of physicians.