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DTSTART;TZID=Europe/Paris:20250611T100000
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DTSTAMP:20250603T144645Z
CREATED:20250603T143711Z
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UID:20822-1749636000-1749643200@i3-cnrs.fr
SUMMARY:Innovation management
DESCRIPTION:Rolex has dominated the world watch market for over fifty years. The advent of electronics\, globalization and the arrival of luxury conglomerates have had a considerable impact on the watch industry over the last half-century\, but Rolex’s leadership has remained unchanged. How can we explain this impressive success? Is it necessary to innovate in order to persist? Based on Swiss\, American and British archives\, a recent study* has shed light on the conditions of Rolex’s enduring multi-dimensional exceptionalism. The meeting of Swiss industrial genius (mass-producing top-quality watches) and American marketing genius (creating a discourse on the excellence of Rolex-wearing personalities) is at the root of this success. Pierre-Yves Donzé will discuss the adoption of a new strategy in the 1960s\, and what made it possible to maintain it to the present day. \nRegistration \nRegistration closes on June 10 at 3pm. \n\n\n* Pierre-Yves Donzé\, La Fabrique de l’excellence – Histoire de Rolex (Alphil\, 2024)
URL:https://i3-cnrs.fr/en/evenement/management-de-linnovation/
LOCATION:Séminaire en visioconférence\, séminaire en visioconférence
CATEGORIES:Seminaires
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DTSTART;TZID=Europe/Paris:20250611T160000
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DTSTAMP:20261013T091255Z
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UID:20796-1749657600-1749663000@i3-cnrs.fr
SUMMARY:Cerna seminar will welcome Leonard Treuren (KU Leuven)
DESCRIPTION:Wage markups and buyer power in intermediate input markets \n  \nHow are imperfections in different input markets related? I show how to estimate the wedge between an input’s price and its marginal revenue product using financial statements without requiring any input market to be perfectly competitive\, and apply this approach to Dutch manufacturing. Firms mark down intermediate input prices relative to their marginal revenue product\, while both wage markups and wage markdowns are common in labor markets. A model where firms face upward sloping supply curves in both input markets\, and collective bargaining determines wages\, can rationalize these findings\, but not a model that only allows for imperfections in a single input market. In line with this rent-sharing framework\, I show that as the Euro appreciates\, markdowns and rents in the intermediate input market of firms that import intermediates from China increase\, and workers see their wages increase\, even though labor does not become more revenue productive on average or on the margin.   \nWage_markups25 Paper  \nThere will be an opportunity to schedule individual meetings with Leonard before the seminar. \nPlease enter your preferred time slot here.
URL:https://i3-cnrs.fr/en/evenement/cerna-seminar-will-welcome-leonard-treuren-ku-leuven/
LOCATION:Mines Paris PSL\, 60 boulevard saint Michel\, Paris\, France
CATEGORIES:Seminaires
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