Using Bibliometrics to Measure Firm Knowledge: An Analysis of the US Pharmaceutical Industry

A recent literature review highlighted the knowledge-based view as an important current theory in the strategic management area. The current paper utilizes that theory as the context for employing bibliometrics to uncover the publishing and patenting citation patterns in a group of twelve US pharmaceutical companies over a 13-year period. Our initial findings suggest that firms self-cite a great deal, and that they rely heavily on public science. In addition, we found that Merck and Co. is the most frequently cited company in both the science and technology areas, though somewhat less so in technology. The managerial implications, particularly from a knowledge perspective, are discussed as well as some suggestions for future research.     

The ethics of creative accounting some Spanish evidence

Creative accounting involves accountants in making accounting policy choices or manipulating transactions in such a way as to convey a preferred and deliberately chosen impression in the accounts. Although it is regarded as unethical by most observers, a defense of creative accounting can be based on the assumption that users of accounts can identify bias in accounting policy choices and make appropriate adjustments. In this paper we take the example of the Barcelona Football Club where the club management made three key accounting policy choices that resulted in the presentation of a favourable position, and a supporters club presented an alternative report choosing three alternative accounting policies that presented an unfavourable position. We presented each of these financial reports to one of two groups of Spanish bank loan officers: we found that the more favourable set of accounts was significantly more likely to attract a positive response to a loan request. This result undermines the validity of defending creative accounting based on the argument that accounts users can identify manipulation.     

Conceptual Knowledge Markup Language: An introduction

Conceptual Knowledge Markup Language (CKML) is an application of XML. Earlier versions of CKML followed rather exclusively the philosophy of Conceptual Knowledge Processing (CKP), a principled approach to knowledge representation and data analysis that “advocates methods and instruments of conceptual knowledge processing which support people in their rational thinking, judgment and acting and promote critical discussion”. The new version of CKML continues to follow this approach, but also incorporates various principles, insights and techniques from Information Flow (IF), the logical design of distributed systems. Among other things, this allows diverse communities of discourse to compare their own information structures, as coded in logical theories, with that of other communities that share a common generic ontology. CKML incorporates the CKP ideas of concept lattice and formal context, along with the IF ideas of classification (= formal context), infomorphism, theory, interpretation and local logic. Ontology Markup Language (OML), a subset of CKML that is a self-sufficient markup language in its own right, follows the principles and ideas of Conceptual Graphs (CG). OML is used for structuring the specifications and axiomatics of metadata into ontologies. OML incorporates the CG ideas of concept, conceptual relation, conceptual graph, conceptual context, participants and ontology. The link from OML to CKML is the process of conceptual scaling, which is the interpretive transformation of ontologically structured knowledge to conceptual structured knowledge. This revised version was published online in August 2006 with corrections to the Cover Date.     

An empirical study of the impact of information technology intensity in strategic investment decisions

This paper focuses on two issues of the management of strategic information technology investment decisions (SITIDs). First, it examines the outcomes of strategic investment decisions (SIDs) according to the extent of IT intensity in the investment project (termed IT-ness). Second, IT-ness is assessed in realtion to a numberr of dimensions, including decision formulating process, evealuation process and decision content. Empirical testing is based on a sample of 80 SIDs from Taiwanese enterprises. Thw results show that IT-ness is negatively associated with the effectiveness of SIDs and several constructs in the decision process. The implicaitons of this for the evaluaiton and management of SITIDs, and on agenda for further research into the effectiveness of SITIDs, are discussed.     

Incorporating distributional considerations in the safe minimum standard approach: endangered species and local impacts

Explicitly incorporating current distributional concerns into the safe minimum standard (SMS) approach is the objective of this study. The SMS approach is a collective choice process that prescribes protecting a minimum level of a renewable natural resource unless the social costs of doing so are somehow excessive or intolerably high. More complete implementation of an SMS approach, if it is to be a pragmatic policy tool, requires that distributional considerations be included in determining whether the economic consequences of preservation actions are intolerable. Two case studies involving the US Endangered Species Act are used to illustrate how distributional concerns might be incorporated into the SMS approach.     

Controversial nuclear ban treaty

The non-proliferation of atomic weapons in the hopes of achieving worldwide disarmament is the general aim of the nuclear ban treaty; this has the support of many nations. However, discussion about the projected agreement has recently moved further and further away from the military sphere and towards the possible economic effects of the planned treaty structure. The anxieties and reservations expressed by many countries—in particular European countries—are directed mainly against control over the peaceful use of atomic energy in countries without nuclear weapons. The agreement to ban atomic weapons entails a large number of purely economic considerations. Foremost is anxiety about the unrestricted progress of research and development in the sphere of peaceful uses of nuclear technology in those industrial countries which are really very little concerned with the real purpose of the nuclear ban treaty. The following interview may bring us one step nearer to an understanding of the economic aspects of the nuclear ban treaty, the full extent of whose consequences to research and industry cannot yet be foretold.