About
95
Publications
26,988
Reads
How we measure 'reads'
A 'read' is counted each time someone views a publication summary (such as the title, abstract, and list of authors), clicks on a figure, or views or downloads the full-text. Learn more
1,535
Citations
Introduction
Current institution
Additional affiliations
June 2003 - November 2010
Education
September 1996 - September 2000
September 1995 - June 1996
September 1994 - June 1996
Publications
Publications (95)
In this study, we analyse organisational resilience in the context of the recent COVID-19 pandemic. Combining arguments from the resource-based view and ergodicity, we theorise that organisational resilience depends on certain key characteristics of firms and their ability to innovate their business models. Specifically, we focus on female leadersh...
Rising global temperatures and the increase in natural disasters in recent years have raised concerns regarding the sustainability of economic activity. In this context, eco-innovation has become increasingly important. Nevertheless, countries are heterogeneous in terms of their eco-innovation production. Our study contributes to the understanding...
Institutional economics theory predicts that multinational enterprises (MNEs) operate in foreign countries with high institutional quality, which is known as the institutional profile effect. Nevertheless, the predictions of this theory seem to diverge from the international presence of certain MNEs, raising questions about the broader applicabilit...
The idea of first-mover advantages is frequently used by both managers and academics alike. Despite its importance for understanding the performance of entry in new markets, the evidence remains mixed. Our study advances research on the entry timing-performance relationship by adopting a contingency perspective that includes both micro (competitive...
The poster shows the structure of my doctoral thesis, divided into three self-contained chapters. The central theme is eco-innovation and to address it, we have focused on getting to know first the determinants: external drivers (chapter 1) and perception of barriers (chapter 2). Chapter 3 is expected to deal with the moderating effects of the rela...
This paper studies the adoption of e-business by manufacturing firms. We augment the Tech
nology–Organization–Environment (TOE) framework to consider two organizational features, namely, production outsourcing and technological cooperation. We test the model on a longitudinal sample of Spanish firms covering the period 2002–2014. The results reveal...
This research explores how the strategy of firms evolves as a result of the imitation of several reference groups. In particular, it analyzes the extent to which firms replicate the strategic behaviors of successful firms, direct rivals and firms from the same category. Additionally, it examines potential variations in the speed of imitation depend...
Research on first mover advantages is interested in the performance effects of the order of entry into new markets. However, with a few exceptions, the competitive strategies used by different cohorts of entrants have not been studied. We advance research on first mover advantages by arguing that pioneers and followers differ in terms of the compet...
Industry leaders enact mutual forbearance by establishing spheres of influence where the dominant industry leader is bestowed market dominance in exchange for similar treatment in the spheres of the other industry leaders. Because of this, spheres of influence are markets with lower rivalry levels. Accordingly, non-dominant firms operating within t...
This paper studies the effect of extramural R&D and of scientific knowledge in the creation of high novelty innovations. We first argue that extramural R&D brings in higher benefits, but also higher costs, when trying to obtain high novelty vs. low novelty innovations. Second, we propose that extramural investments in scientific R&D allow the firm...
First-mover advantages (FMA) and multimarket contact (MMC) have evolved independently in the strategic management literature. This is surprising because FMA erode as a result of competition which, in turn, is affected by MMC. This paper links these literatures through the concept of spheres of influence and analyses the effect of MMC on pioneers' p...
This paper studies two technological knowledge sourcing decisions taken by innovating firms: the extent of openness and the direction of knowledge search. We propose that the proportion of investments in external R&D performed by a firm affects the novelty of the products obtained. Additionally, we expect that external R&D investments in scientific...
Research on first mover advantages is interested in the performance effects of the order of entry into new markets. However, with a few exceptions, the competitive strategies used by different cohorts of entrants have not been studied. We advance research on first mover advantages by arguing that pioneers and followers differ in terms of the compet...
The aim of this study is to analyse how the distance between countries determines host
country selection. To explain foreign market entry we use two dimensions of the distance
between countries: (1) geographic distance and (2) historical ties between the home and the
host countries. We carry out descriptive, empirical and case study analyses in the...
This paper assesses the role of investments in intangible capital and their potential complementarities as a way to improve firm productivity. We focus on the three intangible resources that, according to the literature, have the greatest strategic importance: R&D, advertising and human capital. To test our hypotheses, we use a large sample of Span...
Our objective in this paper is to explore the impact of information technology (IT) on the performance of open innovation models. We study the effect of IT on the production of patents and product innovations. Our analysis of a large panel of Spanish manufacturing firms confirms that the effect of the proportion of external research and development...
https://dialnet.unirioja.es/descarga/libro/688103.pdf
This paper analyzes the alignment between information processing needs and capacities. First, we explore the relationship between firms’ vertical and horizontal boundaries and information technology (IT) capabilities. The literature postulates that less internalization leads firms to invest more in information technology. However, we argue that the...
Multimarket competition theory states that if two firms coincide in multiple markets, the level of rivalry between them changes, which, in turn, affects their performance. This article extends this perspective in two ways. We first propose that multimarket competition affects not only the rivalry levels of multimarket rivals but also the rivalry ex...
We advance first mover advantages literature by adding novel insights into the conditions that affect the persistence of first mover profitability and market share. We investigate the role of two industry dynamics - market growth and technological discontinuity - and we argue that they will negatively affect the persistence of first mover performan...
In this paper we use a panel of manufacturing firms in Spain to examine the extent to which they use internal and external sources of information (customers, suppliers, competitors, consultants and universities) to generate product and process innovation. Our results show that, although internal sources are influential, external sources of informat...
El objetivo de este trabajo es analizar el modo en el que la crisis económica ha afectado a la percepción de los obstáculos a la innovación de las empresas españolas. Para ello, hemos utilizado la información que proporciona el panel de innovación tecnológica de las empresas. En particular, la información disponible permite distinguir entre obstácu...
This paper explores intra-industry heterogeneity by proposing a new perspective. Whereas the strategic management literature tends to conceptualize strategic heterogeneity as the divergence between a focal firm and its rivals, we offer a complementary view in which we consider it to be the result of the differences among the strategic positions of...
We complement extant FMA literature by systematically bringing in the institutional context, a hitherto missing dimension. We focus on two components of the formal and informal institutional context – a country’s market supporting institutions and a country’s cultural orientation towards uncertainty, respectively – and we elaborate on their interpl...
In this research, we apply an ecological model of competition to analyze the effect of
deregulation on within industry competitive patterns. Particularly, we identify organizational
forms within the population according to two different perspectives: an operational one and
an institutional one. We argue that deregulation influences the relative imp...
The institution-based view of strategy has emerged as a leading perspective in Strategic Management. It incorporates the institutional dimension when offering relevant answers to the fundamental questions of strategy. One of the challenges of this perspective is to develop stronger measures of institutions (Peng et al., 2009). This paper seeks to c...
The aim of this paper is to analyse the impact of multimarket contact on profitability in the context of the European mobile communications industry. Our hypothesis proposes a U-shaped relationship between the average number of multimarket contacts of a firm with its rivals and its profitability. The results derived from this paper support the abov...
The aim of this paper is to analyse the impact of multimarket contact on profitability in the context of the European mobile communications industry. Our hypothesis proposes a U-shaped relationship between the average number of multimarket contacts of a firm with its rivals and its profitability. The results derived from this paper support the abov...
Firms develop their activities in a network of multiple players. Consequently, interfirm rivalry is not only a matter of direct competitors, but also of indirect. In spite of this, the literature on competitive dynamics tends to focus on analyzing rivalry as an exclusive function of the competitive relationship between a focal firm and its direct r...
This paper describes a practical experience showing the importance of regulating plagiarism at the University. The experience takes place at the University of La Rioja where new degrees have been adapted to European Higher Education framework. The documents were treated through the Blackboard platform and the software Safe Assign. The results obtai...
Given that firms develop their activities in a network of multiple players, interfirm rivalry is not only a matter of direct competitors, but also of indirect competition. In spite of this, the literature on competitive dynamics tends to focus on analyzing rivalry as an exclusive function of the competitive relationship between a focal firm and its...
Our objective in this paper is to analyse the determinants of the use of advanced manufacturing technologies in manufacturing firms. We go beyond more traditional approaches and consider the role of complementarities in technology adoption at two levels. First, we adapt Teece's (1986) framework to study the incentives to use new technology that ste...
The objective of this paper is to assess the role of investments in advertising
and human capital as a way to improve and to appropriate the returns to
research and development (R&D). We evaluate firm performance focusing on
the three intangible resources that the literature has argued as having the
greatest strategic importance (technological, mar...
The literature on diffusion has shown that, for some firms, the adoption of a technology can take place many years after the beginning of the diffusion process, or it can even never take place. Our objective in this paper is to provide evidence that firm's different access to information conditions the probability of technology adoption. We identif...
The objective of this paper is to assess the role of investments in advertising and human capital as a way to improve the returns to research and development (R&D). Therefore, we focus on the three intangible resources that the literature has argued as having the greatest strategic importance (technological, marketing resources and human capital) a...
La utilización de nuevas tecnologías por parte de las empresas ha sido frecuentemente relacionada con mejoras en la eficiencia o en la calidad de los productos. Sin embargo, son muchos los autores que apuntan que, dado el alto riesgo de imitabilidad, la tecnología no puede ser origen de una ventaja competitiva sostenible. Los argumentos que se ofre...
The adoption of new technologies has often been related to efficiency of quality improvements. However, many authors point out that technologies cannot be a source of competitive advantages, given their high imitability. The arguments that support this conclusion ignore that the diffusion of technology is a long and highly heterogeneous process. Th...
Informe Ejecutivo GEM Aragón 2012
The purpose of this paper is to test the effectiveness of switching costs as an isolating mechanism in the context of the first-mover advantage theory. Whereas both the literature on switching costs and on pioneering propose this as a mechanism through which firms could obtain sustainable competitive advantage, other authors offer a rationale for t...
Mergers and acquisitions (M&A) have been frequently justified in terms of value creation or efficiency improvements. Nevertheless, the evidence is not consistent with the existence of benefits in terms of profitability or market value of the firms involved. A distinguishing feature of extant research is that it focuses on the assessment of the cons...
Este artículo analiza los mecanismos por los que las empresas son interdependientes en sus procesos de difusión intraempresa. Planteamos que la difusión intraempresa es diferente a la adopción inicial en lo que se refiere a los mecanismos a través de los que otras empresas influyen en el proceso. En lugar de los modelos de difusión epidémicos, prop...
Mergers and acquisitions are frequently justified in terms of value creation or efficiency improvements. Nevertheless, the evidence is not consistent with the existence of benefits in terms of the costs, productivity, profitability or market value of the firms involved. A distinguishing feature of extant research is that it focuses on the assessmen...
La teoría que sostiene que las ventajas del pionero pueden explicar el origen de la ventaja competitiva en algunos mercados tiene una tradición extensa en el ámbito de la estrategia. Sin embargo, la evidencia empírica disponible no es concluyente. Este hecho ha llevado a los investigadores a examinar los mecanismos que permiten relacionar orden de...
The theory that first mover advantages can explain firm competitive advantages has a long tradition in the strategic management field. However, the empirical evidence available is inconclusive. This fact has lead researchers to examine the mechanisms that allow relating order of market entry and performance, as well as the conditions under which th...
This paper studies the impact of new technologies on productivity from the perspective of the technological diffusion literature. We argue that several stylised facts about the intrafirm diffusion process are not taken into account in most current research, which results in potentially erroneous conclusions. We critically assess different approache...
This paper investigates the factors affecting the multiple adoption of new process technologies in manufacturing. We focus our attention on the effect of both financial resources and absorptive capacity on the decision to introduce the technology. We argue in favour of a negative effect of financial constraints and provide reasons for a differentia...
This research analyzes the implications that uneven diffusion of IT among firms populating an industry has on profitability. With this aim we move away from the dominant RBV approaches and focus on the competitive dimension of the technology. We argue that the IT imitation process is much more complex and heterogeneous than implicitly assumed on cu...
The aim of this paper is to highlight the importance of evaluating mergers and acquisitions in the long run. We also argue that the consequences of these operations could be different depending on the type of indicator used for assessing success. We test our hypotheses in the context of the mergers among the Spanish savings banks, which mainly took...
El objetivo de este trabajo es destacar la importancia de adoptar un horizonte temporal suficientemente largo a la hora de evaluar el éxito de las fusiones y adquisiciones, así como poner de manifiesto que los resultados obtenidos pueden venir condicionados por el indicador seleccionado para evaluar el éxito de la operación. El contraste empírico d...
The objective of this paper is to analyze the possible long-term consequences of deregulation on financial exclusion in a European context. Although this is an issue frequently treated by US researchers, it has traditionally received much less attention in Europe. The deregulation that took place mainly during the 1980s may have contributed to an i...
Tradicionalmente, la identificación del competidor y la caracterización de la rivalidad se han realizado a
partir del concepto de industria y de la utilización de índices agregados que sintetizan su estructura. Sin
embargo, la disponibilidad de información más detallada ha permitido el diseño de nuevas propuestas que
captan con mayor precisión las...
De conformidad con la base quinta de la convocatoria del Programa de Estímulo a la Investigación, este trabajo ha sido sometido a eva-luación externa anónima de especialistas cualificados a fin de con-trastar su nivel técnico. La serie DOCUMENTOS DE TRABAJO incluye avances y resultados de investigaciones dentro de los pro-gramas de la Fundación de...
This paper investigates the factors affecting the multiple adoption of new process technologies in manufacturing. We focus our attention on the effect of both financial resources and absorptive capacity as conditioners of the decision to introduce the technology. We argue in favour of a negative effect of financial constraints and provide reasons f...
Traditionally, both competitor identification and the analysis of interfirm rivalry have been approached from an industry perspective. After that, researchers or analysts have calculated aggregate indexes (such as CR or Herfindahl) that synthesize its structure. However, the availability of detailed information has allowed researchers to design new...
El objetivo de este trabajo es analizar la evolución en la red de oficinas en el sector bancario español. Salvo algunas excepciones, la mayor parte de los estudios realizados hasta el momento se han centrado en el análisis de los cambios en dicha ted desde un punto de vista agregado y prestando especial atención a la expansión de las cajas y las co...
This paper studies the performance impact of the intrafirm diffusion of new technologies. We argue that little connection between the literatures on technology diffusion and on the performance effects of adoption exists. We analyze the approaches taken when studying the performance effects of innovation and propose a method that accounts for the pa...
The original article to which this Erratum refers was published in Strategic Management Journal Vol. 27, No. 5, pp 477–499, 2006. DOI: 10.1002/smj.529
A paragraph in Spanish on page 481 of the Strategic Management Journal Vol. 27, No. 5, pp 477-499, 2006, DOI: 10.1002/smj529 was incorrectly included. The publisher apologises for this error.
The objective of this study is to integrate both multimarket contact and strategic similarity in the analysis of entry decisions. We also analyze the role of the reciprocity of contacts, market concentration, and coordination mechanisms at moderating the relationship. Our hypotheses are tested through the analysis of entry behavior into new geograp...
This paper analyzes the factors that influence entry and geographic diversification decisions, a topic of special strategic interest in a context of growing globalization. The empirical model we propose is tested in a framework— the Spanish savings-bank market—where recent deregulation has eliminated the legal barriers to entry. Our results show tw...
El objetivo de este trabajo es mostrar la aplicabilidad del análisis de supervivencia en la investigación en economía de la empresa. A pesar de que la utilización de esta técnica es relativamente común en áreas como biomedicina, ingeniería o, incluso, economía, su uso en otras disciplinas como el marketing o la organización de empresas es mas bien...
Research on the diffusion of new technologies has centred on the study of the interfirm rate of diffusion, paying much less attention to intrafirm aspects. This paper attempts to overcome this gap in the literature by analysing the factors that influence the speed with which a new technology, the ATM, is fully adopted. The data over which the hypot...
Much of the literature dedicated to the analysis of entry timing decisions has been devoted to the study of their consequences in terms of performance. However, only a limited amount of effort has been dedicated to analyzing the factors that determine these decisions. In addition, previous papers have centered their efforts on the product dimension...
This paper analyses the design of control systems and compensation plans in the marketing area of the firm, using the framework proposed by agency theory. Recent research suggests the need to focus the research agenda on compensation policies in particular functional areas and jobs. Following this recommendation, our purpose is to isolate the marke...
The objective of this paper is to analyze financial exclusion in an European context. Although this is an issue frequently treated by US researchers, it has traditionally received much less attention in Europe. The deregulation that took place mainly during the 80's may have contributed to augment the importance of this phenomenon, which is receivi...
Recent research in the multimarket contact literature suggests that firms could effectively use foothold strategies in order to reduce competition from rivals and increase performance. Nevertheless, the extant literature on multipoint competition does not offer definitive conclusions around the influence of multimarket contact on profitability. In...
This paper attempts to evaluate the extent to which rivalry between the different financial intermediaries that operate in the Spanish banking system has been influenced by the recent liberalization process. Our theoretical model is borrowed from population ecology and allows us to take into account the relationship between the three types of finan...
Mergers and acquisitions are frequently justified in terms of value creation or efficiency improvements. Nevertheless, the evidence is not consistent with the existence of benefits in terms of the costs, productivity, profitability or market value of the firms involved. A distinguishing feature of extant research is that it focuses on the assessmen...
Los objetivos de este trabajo son analizar las consecuencias de la desregulación en la disponibilidad de servicios bancarios y examinar el papel de los distintos intermediarios financieros a la hora de evitar la exclusión financiera. Con este fin, el primer capítulo del estudio se centra en los efectos de la liberalización del sector bancario españ...
Traditionally, both competitor identification and the analysis of interfirm rivalry have been approached from an industry perspective. After that, researchers or analysts have calculated aggregate indexes (such as CR or Herfindahl) that synthesize its structure. However, the availability of detailed information has allowed researchers to design new...