How Individuals Engage in the Absorption of New External Knowledge: A Process Model of Absorptive Capacity

This paper offers a process model of how individuals engage in the absorption of new external knowledge. Data collection is centered on the experiences of knowledge workers in recognizing, assimilating, and applying external knowledge. The process model delineates how individuals engage in the absorptive capacity (AC) process through: (1) valuing knowledge potential by assessing the motivation to assimilate knowledge and by evaluating technological feasibility, which together constitute the recognition of value; (2) corroborating knowledge value by ensuring legitimacy and demonstrating a shared understanding of the business value in achieving knowledge assimilation; and (3) championing knowledge integration by lobbying for support and securing resources in order to integrate and apply the knowledge within the organization, ultimately ensuring that knowledge is exploited. The process model clarifies how an individual’s proficiency in external knowledge absorption activities can result in three possible outcomes: knowledge is exploited, knowledge is terminated, or knowledge gets “stuck” in limbo. These findings contribute to the AC literature by underscoring the pivotal role of individual engagements in recognition, assimilation, and application of external knowledge and add new elements and a process perspective to the understanding of the path from potential to realized AC. The paper also provides insights into how individuals and firms can better manage knowledge absorption in practice.     

Assessing housing management in terms of development objectives

This article reports on a research project aimed at assessing whether a particular management process of housing delivery correlates with an improvement or reduction in the state of development of housing recipients. The construct ‘state of development’ refers to the extent to which recipients have the capacity and power to deal with the challenges of a dynamic environment and utilise its opportunities in a responsible and sustainable manner. ‘Housing management’ refers to the execution of management functions to process housing inputs into outputs. The authors explored the correlation between these two variables in a case study involving the Delft housing project in Cape Town. They measured indicators using questionnaires, an analysis of project data, and by observing and evaluating the environments of experimental group members. The results indicated that the extent of the appropriateness of housing management caused a corresponding change in the state of development of housing recipients.     

“Generalized Pareto Fit to the Society of Actuaries’ Large Claims Database,” Ana C. Cebrián,Michel Denuit,and Philippe Lambert,July 2003

Abstract

We consider the issue of modeling the latent or hidden exposure occurring through either incomplete data or an unobserved underlying risk factor. We use the celebrated expectationmaximization (EM) algorithm as a convenient tool in detecting latent (unobserved) risks in finite mixture models of claim severity and in problems where data imputation is needed. We provide examples of applicability of the methodology based on real-life auto injury claim data and compare, when possible, the accuracy of our methods with that of standard techniques. Sample data and an EM algorithm program are included to allow readers to experiment with the EM methodology themselves.     

The Effect of Tax Treaties on Multinational Firms: New Evidence from Microdata

This paper uses affiliate‐level data from Swedish multinationals to examine the impact of tax treaties on both overall affiliate sales and the composition of those sales. In line with previous results, we find little evidence for an effect of treaties on the level of total sales. We do, however, find that a tax treaty increases the probability of investment by a firm in a given country. In addition, we find that a treaty reduces exports to the parent but increases imports of intermediate inputs from the parent. This is consistent with treaties increasing the effective host tax. This suggests that tax treaties impact the behaviour of multinationals along some dimensions but not along others.     

Numeracy of Africans,Asians, and Europeans during the early modern period: new evidence from Cape Colony court registers

The lack of accurate measures of human capital formation often constrains investigations into the long‐run determinants of growth and comparative economic development, especially in the developing world. Using the reported ages of criminals in the Court of Justice records in the Cape Archives, this article documents for the first time numeracy levels and trends for inhabitants of the Cape Colony born between the late seventeenth and early nineteenth century: the native Khoesan, European settlers, and imported slaves from other African regions and Asia. This variety of origins allows us to compare contemporaneous levels of early modern development across three continents. By isolating those slaves born at the Cape, we also provide a glimpse into the dynamics of human capital transfer in a colonial setting. The Colony's relatively high level of human capital overall had implications for what was later to be the richest country on African soil, but the very unequal attainment of numeracy also foreshadowed extreme income inequality.     

Networks and small business growth: An explanatory model

To date, there has been limited empirical research related to network theory. With this article, we have tried to fill this gap by testing an explanatory model of the impact of networks on small business growth. To analyze this causal relationship, the log-linear technique was used. The results suggest that networks have an influence on the growth of a small business, especially through contacts with national and international entrepreneurs.