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Ying Li (UC3M)
When Evaluation is Anchored: Contrasting Responses of Consumers and the State to Category-Spanning F
Time : 13:00h.
Sofía Martínez (University of Michigan)
Mandatory ESG Reporting and Corporate Performance
Time : 13:00h.
Michele Piazzai
Cognitive Fluency and Product Evaluation
Time : 13:00h.
Carl Brousseau (Laval University)
The effect of accounting and auditing standards on going concern disclosures
Time : 13:00h.
Matías Lamas (Banco de España)
Search for income and asset allocation: the case of dividend restrictions on euro area banks
Time : 13:00h.
Jeanne Kim (IE)
The Effect of the Lockdown Announcement on Online Product Reviews
Time : 13:00h.
Bart Leten (KULeuven)
Cross-border organizational strategies for knowledge appropriation of codified and complex technolog
Time : 13:00h.
Employee Protection, Inventor Human Capital, and Innovation Trajectories
Time : 13:00h.
Ignacio García Olalla and Ilan Cooper (BI)
Stock price reaction to peers' idiosyncratic shocks
Time : 13:00h.
Adriano Proenca (Engenharia de Produção - UFRJ)
The Creative Destruction Paradigm: Dynamic Capabilities and the Schumpeterian Corporation
In person - TBC
Time : 13:00h.
The seminar presents a first attempt by A. Proença and L. Burlamaqui for using
a “reconstructed Schumpeter” for the purposes of both analyzing capitalism as
an evolving dynamic, and out of equilibrium, system, and as a framework that
links neatly with the dynamic capabilities approach in management, e.g.: the
innovation-based corporations and their related capabilities and strategies.
Burlamaqui's recent work attempts to show that Schumpeter´s 1942 book,
“Capitalism, Socialism and Democracy” (CSD), provides us with a major rupture
within Schumpeter’s previous theoretical work and offers the seeds for a new
framework for economic analysis. The key proposition is that until CSD, where
the “creative destruction paradigm” is born, Schumpeter’s theory was an
incoherent attempt to merge equilibrium and evolution, Walras and Marx.
Burlamaqui offers a reinterpretation of Schumpeter’s development theory
through the “creative destruction paradigm” provided in CSD. By linking the core
propositions of the latter with the brilliant, but underdeveloped, innovations from
“Theory of Economic Development” and some largely ignored historical and
institutional insights provided in “Business Cycles”, both classic books by
Schumpeter, the seeds of a new analytical framework emerge. One which is
completely out of equilibrium, centered on finance, entrepreneurial action,
uncertainty, institutions, and competition by means of innovations.
Proença proposes that one of the ways to deepen such paradigm is by
exploring the perspective provided by Schumpeter in CSD on competition and
innovation, which is more complex than the usual simplification that is
widespread referred to in the literature; and by appropriating recent
contributions coming from the Dynamic Capabilities approach in strategic
management, with its emphasis in the necessary entrepreneurial character of
the firm management as a necessary theoretical component of any realistic
theory of the firm, as a way to establish a theoretical perspective on what would
be the “Schumpeterian Corporation”. A brief illustration of how a revised DC
framework relates to the Strategic Innovation Management playbook is offered,
and future research developments are pointed out.
Ha Minh Tri (Vietnam National University)
Business Ethics, the Environment and Responsibility
Online / Contact
Time : 13:00h.
Shanshan Yuan (UC3M Business)
“Ex-ante day-ahead premium and optimal hedging in electricity markets with green and brown producers
Online / Contact
Time : 10:00h.