Carlos María Fernández-Jardón

Does Sports Performance Influence Revenues and Economic Results in Spanish Football

English football began taking steps towards becoming a business earlier than Spanish football did, and academic studies on the football industry to date also focus primarily on football in the UK. The evidence for the relationship between sports performance and revenues appear clear in English football. There is even research about the effects of a club’s wealth on its sports performance, or the effects of a club’s sporting situations on its finances. In this paper, we ana-lyse the relationship between sports performance and the revenues of football clubs as well as the effect of sports performance on the financial results in Spanish professional football. In order to carry out this research we have had to select which variables to analyse and choose the most appropriate methods of measurement. We have designed a system which obtains a variable of sports performance that includes information from every competition in which the foot-ball club participates.

Determinantes de la capacidad de innovación en PYMES regionales

The innovativeness is a core competence to innovate and therefore enhancing competitiveness, especially in small and medium enterprises (SMEs). This capability is constrained by internal and external factors. This article discusses how the company combines these factors to improve innovativeness. First, the company generates a core competence called human resource management and technology from internal intellectual capital. Furthermore, the company organizes another core competence called resource management and territorial relations from tangible resources associated with intellectual capital territory and fruit of the relationship with the environment. Using partial least squares techniques applied to a sample of small and medium enterprises in a region in northwest Spain is shown that both factors influence innovativeness. This study helps to define what the factors that enhance innovativeness are and how those factors associated company, indicating the process of building core competencies to improve their innovativeness. Consequently, for thought suggests to develop policies to support business innovation.The innovativeness is a core competence to innovate and therefore enhancing competitiveness, especially in small and medium enterprises (SMEs). This capability is constrained by internal and external factors. This article discusses how the company combines these factors to improve innovativeness. First, the company generates a core competence called human resource management and technology from internal intellectual capital. Furthermore, the company organizes another core competence called resource management and territorial relations from tangible resources associated with intellectual capital territory and fruit of the relationship with the environment. Using partial least squares techniques applied to a sample of small and medium enterprises in a region in northwest Spain is shown that both factors influence innovativeness. This study helps to define what the factors that enhance innovativeness are and how those factors associated company, indicating the process of building core competencies to improve their innovativeness. Consequently, for thought suggests to develop policies to support business innovation.

Firm and industry effects on small, medium-sized and large firms’ performance

This paper examines whether or not the relative importance of the firm and industry effects in explaining performance variations is the same regardless of the firm size. In relation to size, we think that there has been particular neglect of studying medium-sized firms separately from SMEs in general. That is why we study separately large, medium-sized and small firms. We also contribute to knowledge on the firm-industry debate testing empirically both effects distinguishing the firms by size according to a standard classification in the EU. Our results show that the performances of large and small firms are mainly explained by the firm effect, albeit for different reasons, while the performance of medium-sized firms is explained primarily by the industry effect.

Endowment of Intangible Resources and Phases of Internationalization in Emerging Economies. The Case of Russia

The paper explores the relationship between different types of intangible resources and phases of the internationalization in the context of emerging economies. The Uppsala model is applied to build internationalization index considering export, import and investment activities. The database of more than 2000 Russian companies is used to test the hypotheses put forward. The findings reveal that relational capital has significant positive impact on each stage of internationalization; organizational capital improves internationalization except the last stage of being multinational. Contrary to our expectations human capital has no direct impact on internationalization; notwithstanding it has positive effect on relational and structural capital

Does Cluster Condition the Small and Medium Enterprises Competitive Advantage? The Case of Vigo and Metropolitan Area

Companies seek distinctive competencies that allow them to be in a better position than its competitors, i.e. they are competitive advantages. Both the territory and the activity of the company may determine its core competences. Both elements are associated with the cluster idea. This paper analyses whether the cluster determines the process of obtaining competitive advantages. We use principal components to determine core competences. After, effects of the cluster on sources of competitive advantages and core competences are tested by parametric and nonparametric methods in small and medium enterprises of Vigo and its Metropolitan area. The results show that there are differences between clusters with regards to sources of competitive advantage. However, these differences do not occur in all factors of competitiveness. These differences are smoothed by building core competencies. Conclusions suggest some politics on clusters.