• Do R&D Subsidies Affect SMEs' Access to External Financing?

      De Maeseneire, Wouter; Meuleman, Miguel (Research Policy, 2012)
      Many countries spend sizeable sums of public money on R&D grants to alleviate debt and equity gaps for small firms’ innovation projects. In making such awards, knowledgeable government officials may certify firms to private financiers. Using a unique Belgian dataset of 1107 approved requests and a control group of denied requests for a specific type of R&D grant, we examine the impact of subsidies on small firms’ access to external equity, short term and long term debt financing. We find that obtaining an R&D subsidy provides a positive signal about SME quality and results in better access to long-term debt.
    • Do science-technology interactions pay off when developing technology? An exploratory investigation of 10 science-intensive technology domains

      Van Looy, Bart; Zimmermann, Edwin; Veugelers, Reinhilde; Verbeek, A.; Debackere, Koenraad; de Almeida Mello, J. (Scientometrics, 2003)
    • Does alignment elicit competency-based HRM? A systematic review

      Audenaert, Mieke; Vanderstraeten, Alex; Buyens, Dirk; Desmidt, Sebastian (Management Revue, 2014)
    • Does cognitive style diversity affect performance in dyadic student teams?

      Vanderheyden, Karlien; De Baets, Shari (Learning and Individual Differences, 2015)
      This study seeks to investigate the effect of diversity in cognitive styles (deep-level variable) and gender and age (surface-level variables) in small teams (dyads), on satisfaction with the team and performance. A multisource study was conducted using 318 business school students, who were tested during a two-month, in-company project. Variables were measured at different time intervals, and performance was rated by an academic jury. Dyadic relationships proved to depend on the specific cognitive styles used — providing evidence for the complexity and multidimensionality of the concept. More specifically, diversity in knowing style led to less satisfaction, while diversity in planning style led to more satisfaction, and diversity in creating style had no effect. Satisfaction with the team in turn was positively linked to the performance of the team. Neither age diversity nor gender diversity had an effect on team satisfaction or performance.
    • Does foreign direct investment crowed out domestic entrepreneurship?

      Sleuwaegen, Leo; De Backer, Koen (Review of Industrial Organization, 2003)
    • Does more international transmission capacity increase competition in the Belgian electricity market

      Küpper, Gerd; Delarue, Erik; Delvaux, Bram; Meeus, Leonardo; Bekaert, David; Willems, Bert; Proost, Stef; D'haeseleer, William; Deketelaere, Kurt; Belmans, Ronnie (The Electricity Journal, 2009)
      From a national market perspective, taking transmission capacity into account reduces current concentration measures, although they remain fairly high even after substantial capacity increases. From an international perspective, a more efficient use of current transmission capacity by coupling regional markets can increase competition. That suggests it may not be appropriate to assess market concentration using national market shares.
    • Does the open limit order book matter in explaining informational volatility?

      Pascual, Roberto; Veredas, David (Journal of Financial Econometrics, 2010)
    • Don't miss the boat: Research on HRM and supply chains

      Fisher, Sandra L.; Graham, Mary E.; Vachon, Stephan; Vereecke, Ann (Human Resource Management, 2010)
    • Drijfveren voor winstmanagement voor Belgische beurs- en niet-beursgenoteerde bedrijven

      Vander Bauwhede, Heidi; Gaeremynck, Ann; Willekens, Marleen (Tijdschrift voor Economie en Management, 2000)
    • Drivers of cost system development in hospitals: results of a survey

      Cardinaels, Eddy; Roodhooft, Filip; Van Herck, Gustaaf (Health Policy, 2004)
    • Driving digital: Welcome to the ExConomy

      Viaene, Stijn; Danneels, Lieselot (The Journal of Financial Perspectives, 2015)
      A first step in better applying the new digital technologies currently at our disposal is understanding what creating digital value really means. To give digital a more precise focus, we have coined the “ExConomy” framework, which breaks down what digital entails into four realities: customer experience is value, experimentation is necessary, collaboration reshapes strategy and business models, and digital ecosystem platforms rule. This paper gives a presentation of these four realities and provides a tool for self- assessment of an organization's digital readiness.
    • DSO-TSO cooperation issues and solutions for distribution grid congestion management

      Hadush, Samson Yemane; Meeus, Leonardo (Energy Policy, 2018)
      The role of DSOs is evolving due to the increasing penetration of intermittent and distributed energy resources in the distribution system. On the one hand, TSOs are accessing flexibility resources connected to the distribution grid. On the other hand, DSOs are actively managing distribution grid congestion, moving away from the conventional fit and forget approach. As a result, the need for DSO-TSO cooperation has become increasingly important. In this study, we first discuss market and grid operation issues related to different system states and the corresponding congestion management approaches, in the context of the European electricity market design and regulation. Second, we discuss viable solutions that are inspired by inter-TSO cooperation solutions as well as solutions that are being adopted by DSOs. Our findings show that the issues are rather similar both at transmission and distribution level; however, the need for cooperation and the solutions will depend on where structural congestion will occur and which borders will be managed. We also note that cooperation between DSOs as well as between DSOs and microgrids could become more important with the development of local energy markets in the long term.
    • Dual judgment processing in feedback: Opening Pandora's box

      De Stobbeleir, Katleen; Desmet, Lien (Management Research - The Journal of the Iberoamarican Academy of Management, 2018)
      In this commentary, the authors follow DeNisi and Sockbeson’s suggestions to reintegrate the organizational feedback and feedback-seeking literatures. They build on and extend their theorizing by suggesting a framework of simultaneous dual judgment processing in both feedback-seeking and organizational feedback interventions..
    • Dual sourcing and smoothing under non-stationary demand time series: Re-shoring with speedfactories

      Boute, Robert; Disney, Stephen M.; Gijsbrechts, Joren; Van Mieghem, Jan A. (Management Science, 2021)
      We investigate near-shoring a small part of the global production to local SpeedFactories that serve only the variable demand. The short lead time of the responsive SpeedFactory reduces the risk of making large volumes in advance, yet it does not involve a complete re-shoring of demand. Using a break-even analysis we investigate the lead time, demand, and cost characteristics that make dual sourcing with a SpeedFactory desirable compared to complete offshoring. Our analysis employs a linear generalization of the celebrated order-up-to inventory policy to settings where capacity costs exist. The policy allows for order smoothing to reduce capacity costs and performs well relative to the (unknown) optimal policy. We highlight the signficant impact of auto-correlated and non-stationary demand series, which are prevalent in practice yet challenging to analyze, on the economic bene t of re-shoring. Methodologically, we adopt a linear policy and normally distributed demand and use transforms to present exact analyses.
    • Due time driven surgery scheduling

      Samudra, Michael; Demeulemeester, Erik; Cardoen, Brecht; Vansteenkiste, N.; Rademakers, Frank (Health Care Management Science, 2017)
      In many hospitals there are patients who receive surgery later than what is medically indicated. In one of Europe's largest hospitals, the University Hospital Leuven, this is the case for approximately every third patient. Serving patients late cannot always be avoided as a highly utilized OR department will sometimes suffer capacity shortage, occasionally leading to unavoidable delays in patient care. Nevertheless, serving patients late is a problem as it exposes them to an increased health risk and hence should be avoided whenever possible. In order to improve the current situation, the delay in patient scheduling had to be quantified and the responsible mechanism, the scheduling process, had to be better understood. Drawing from this understanding, we implemented and tested realistic patient scheduling methods in a discrete event simulation model. We found that it is important to model non-elective arrivals and to include elective rescheduling decisions made on surgery day itself. Rescheduling ensures that OR related performance measures, such as overtime, will only loosely depend on the chosen patient scheduling method. We also found that capacity considerations should guide actions performed before the surgery day such as patient scheduling and patient replanning. This is the case as those scheduling strategies that ensure that OR capacity is efficiently used will also result in a high number of patients served within their medically indicated time limit. An efficient use of OR capacity can be achieved, for instance, by serving patients first come, first served. As applying first come, first served might not always be possible in a real setting, we found it is important to allow for patient replanning.
    • Dynamic financing strategies: The role of venture capital

      Baeyens, Katleen; Manigart, Sophie (Journal of Private Equity, 2003)
    • Dynamic portfolio optimization with conditional heteroscedastic generalized dynamic factor models

      Shiohama, Takayuki; Hallin, Marc; Taniguchi, Masanobu; Veredas, David (Journal of the Japanese Statistical Society, 2010)