SCIENTIFIC REPORT 2013-2014 - EDUCATING ENTREPRENEURS FOR THE WORLD - EM LYON
←
→
Page content transcription
If your browser does not render page correctly, please read the page content below
Educating Entrepreneurs for the world SCIENTIFIC REPORT 2013-2014
2
EMLYON
ScientifiC
REPORT
2013-2014
contents
Educating Entrepreneurs for the World - Editorial.................. 3
Research Policy........................................................................ 5
Prizes, Awards and Recognition............................................... 9
EMLYON Scholarship in the Press - Snapshots....................... 13
Entrepreneurship Research Centre (CRE)............................... 15
The French Corporate Governance Institute (IFGE)................. 20
Organisations, Careers and New Elites (OCE)......................... 24
Center for Financial Risks Analysis (cefra)........................... 26
Research Centre for Entrepreneurial Finance (ReCEntFin).... 28
Doctorate and Ph.D emlyon Business School....................... 30
Research Serving Economic Sectors....................................... 37
Bookstore.................................................................................. 45
emlyon Case Collection.......................................................... 48
List of Scientific Output............................................................ 503
EMLYON
ScientifiC
REPORT
2013-2014
EDUCATING
ENTREPRENEURS
FOR THE WORLD
Editorial
Over more than a decade now, EMLYON has been standing as a Business Schol of reference in Europe,
and this status of reference is largely the outcome of its project: “Educating entrepreneurs for the World”,
and the quality of its innovative education and research & development activities. Indeed, there is no
first-tier higher-education institution whose education is not supported and nourished by a strong
research culture and significant intellectual contributions. Research-wise, 2013-2014 was in many ways in
continuity with the earlier years, and I am very glad to share with you the remarkable accomplishments of
EMLYON Faculty.
2013-2014 also marked the endpoint of a successful five-year catching-up period. Indeed, EMLYON was
fully re-accredited for 5 years in fall 2014 by two important international accreditation agencies, EQUIS
and AACSB. Both recognized the volume and relevance of EMLYON intellectual contributions, and
its international quality, and underlined the significant progress that has been made since 2009. Visiting
EMLYON in January 2015, the French evaluation agency HCERES also praised the research output and
culture of EMLYON Faculty, including a thriving Ph.D. programme.
That being said, this continuous progress in research and development should not hide the on-going dis-
continuities that characterize the industry of higher education in management. Fully aware of the shifting
and more constraining French regulations, shrinking public resources, new (mainly private) entrants in the
market, new expectations by critical audiences regarding intellectual contributions (from primarily scholarly
publications to impactful intellectual contributions ; from rigor to rigor & relevance), and technological
transformations (including the digital turn and the growth of big data and computer algorithm that fuel
worldwide growth), EMLYON Business School launched a new strategic plan in September 2014 called
NEW TERRITORIES 2020, with globalization, digitalization and performance as its three pillars.
For research, new territories are threefold: (1) building and developing three clusters of excellence, namely
Lifestyle, Work & Organization, and Entrepreneurship & Growth that address transdisciplinary issues and
combine top-level intellectual contributions, innovative educational offers and dedicated business networks;
(2) developing knowledge and expertise in and for new territories, i.e. fast-developing geographical zones
and fast-developing hybrid domains that cross borders between science and management such as business
opportunities related to the digital & robotic breakthroughs; and (3) building stronger cooperation with
the local, i.e. metropolitan research labs of both universities and engineering schools, in order to respond
to the legitimate ambition of the metropolis, and this includes more ambition in pre-doctoral and doctoral
education. In short, NEW TERRITORIES 2020 opens up an avenue of opportunities for researchers,
including also relations with worldwide IBM structures, labs, and teams in relation with the Smarter
Business School project.
Enjoy the reading,
Bernard BELLETANTE
Dean4
EMLYON
ScientifiC
REPORT
2013-20145
EMLYON
ScientifiC
REPORT
2013-2014
research
policy
Research is at the heart of
strategies past and present
adopted by EMLYON Business
School and will remain so in the
Philippe Monin future. Of capital added value,
Professor of Strategic
Management,
Director of Research
research and more generally
intellectual contributions are
the foundation for both the legitimacy and the
international reputation of the School, and
they feed the Faculty’s expertise to the benefit
of participants in EMLYON’s programmes.
The Faculty’s mission is to create knowledge, to develop new tools and
pedagogical innovations, and to spread that knowledge in the form of
intellectual contributions, notably academic and professional publications,
by using face-to-face, distant and blended pedagogical means, in order
to promote the continuous development of international entrepreneurial
management skills. Thanks to its scientific activity, the Faculty is able
to achieve this mission and, moreover, provide partner companies with
precious mechanisms for the monitoring and updating of knowledge.
ORGANISATION OF RESEARCH AT EMLYON
The Research Department is responsible for defining the research policy,
leading research development and promoting research at EMLYON.
The EMLYON Research lab, re-evaluated by the AERES in early 2015,
consists of all members of the EMLYON Faculty holding a Ph.D. (95
as of 30.06.2014) and 25 PhD and Post-doc students all employed by
EMLYON. Part of the Research Unit is structured according to five areas
of research, each with its own corresponding Research Centre or Institute:
Organizations, Careers, and Elites (OCE); Entrepreneurship Research
Centre (CRE); the French Corporate Governance Institute (IFGE); the
Centre for Financial Risk Analysis (CEFRA); and the Research Centre for
Entrepreneurial Finance (ReCEntFin).
The research department comprises the director of the Ph.D. programme
and doctoral studies. It provides the link between the research VPs or their
equivalent and the doctotal school directors at the universities and “Grandes6
EMLYON
ScientifiC
REPORT
2013-2014
Ecoles”. The main mission of the
Director of Research is to lead SCIENTIFIC COMMITTEE MEMBERS (as of January 1st 2015)
research management and research
development at EMLYON in
liaison with the economic sectors.
S/he reports to the EMLYON
Academic Dean. S/he is a member
of the Executive Committee. S/he Jean-Luc ARREGLE Riccardo CALCAGNO David COURPASSON Alain FAYOLLE
regularly convenes the Scientific Strategy and Economy, Finance Strategy and Director
Organisations and Control Organisations of the CRE
Committee.
The Scientific Committee members
are the Director of research, the
Director of the Ph.D. programme
and two “HDR” professors, (i.e.
accredited to supervise research)
or their equivalent […] from Bernard FORGUES Eric FAŸ Pierre-Yves GOMEZ Alexander GROH
Director of Ph.D. and Management, Law Director Director
each Teaching and Research Unit graduate programmes and Human Resources of the I.F.G.E. of the ReCEnFin
(UPR), who devote at least 80% of
their activities to EMLYON, and
who preferably do not hold any
other managerial responsibilities
within the faculty. The mission of
the Scientific Committee is to assist
the director of research in defining Christophe HAAG Olivier LE COURTOIS Ignasi MARTI LANUZA Philippe MONIN
Management, Law Director Director Director
and implementing the EMLYON and Human Resources of CEFRA of OCE of Research
research policy. The heads of the
research centres and institutes are
permanent guests […].
In particular it is the role of the
Scientific Committee to present
proposals for:
Cathy PARDO François Lionel SITZ
•C
reation of structural partner- Markets QUITTARD-PINON Markets
& Innovation Economy, Finance & Innovation
ships with economic sectors, in and Control
particular the creation of business
chairs;
Raison d’être of research it must be clear that EMLYON
•C
hanges to the structuring of at EMLYON Business School sincerely believes in
research and the EMLYON the individual freedom of professors
Research unit; At EMLYON, we deeply believe
in selecting their research interests
that both individual and collective
•F
rench and international institu- and managing their research
research must co-exist. We also
tional agreements that are strategic projects. This belief is an integral
believe that collective and organized
or structural in nature; part of EMLYON’s strategic
research in EMLYON Centres and
positioning: that of a Generalist
•R
elations concerning research and Institutes has to support and nourish
Higher Education institution (the
graduate training within the Lyon EMLYON’s singular mission:
French ‘Grandes Ecoles’ tradition).
PRES; Educating Entrepreneurs for the
Consequently, to all those parti-
World. By now, all five Institute and
•T
he EMLYON ranking of cipating in our programmes we
Research Centres are involved
academic journals; have a duty to guarantee a Faculty
with EMLYON’s educational
which is academically qualified
•R
elations between research and mission. Below is an extract
in all disciplines relating to
teaching. from the 2007-2008 Academic
management, and we ensure that
Report. Since then, this extract has
nothing is overlooked.. As a result,
been repeatedly referenced in all
the faculty can develop its research
subsequent annual scientific reports:
work autonomously.
“Whatever the strategic priorities,7
EMLYON
ScientifiC
REPORT
2013-2014
Nevertheless, the Research Policy should be balanced by individual of its Director, Pierre-Yves
encourages structured research, research initiatives. Gomez, the French Corporate
particularly by allocating additional Governance Institute (IFGE)
resources to two types of groups: THE EMLYON RESEARCH is a major player in research into
the Research Centres and the LABORATORY governance.
Institutes. A Research Centre The EMLYON Research • The third centre is concerned
is headed by a scholar who is Laboratory is a full part of the with the political and critical
authorised to supervise doctoral EMLYON Business School facility. analysis of organizations
research [The French ‘Habilitation It has adopted the primary mission and management. The
à Diriger des Recherche’ - HDR]. of supporting the teaching of Organizations, Careers and
It brings together scholars from entrepreneurial skills oriented New Elites (OCE) research
several disciplines, who share an towards reasoned action. It strives centre was created in 2005 and
ambitious research programme. An for the transformation of insti- is dedicated to the political and
Institute carries the institutional tutions and organisations, and critical analysis of organizations
reputation and develops its work the development of capacities for and management. Three themes
at the interface of the academic critical, autonomous and conscious have been the subject of study
and business communities and analysis. and targeted publications:
the rest of society. It is innovative
In order to reach this objective, Organizational change and life
in terms of programmes and
EMLYON Research has set up five at work; Social innovations and
education, both pre- and post-
Research Centres that each focus managerial alternatives; and
experience. An institute is run by
on a particular angle of EMLYON Valuation, markets and society.
a group of professors who have
Business School’s guiding principle, Organisations, Careers and
succeeded in building an academic
“Educating Entrepreneurs for the New Elites (OCE) is directed by
and extra-academic reputation
World”. Ignasi Martí-Lanuza.
through peer-referenced works on
an international scale and through • The first centre studies • The fourth centre aims at
multiple references in the relevant Entrepreneurial Processes. analyzing financial risk,
media [...]. These research centres The Entrepreneurship Research which is the subject favored
and institutes, each from a particular Centre has examined five priority by researchers at the CEnter
angle, echo EMLYON Business research topics over the last few for Financial Risks Analysis
School’s promise: Educating years: the study of processes (CEFRA) created in 2007 and
Entrepreneurs for the World. for the creation of innovative directed by Olivier Le Courtois.
activities; organizational entre- The Center for Financial Risks
Yet as we mentioned above,
preneurship; teaching and the Analysis attempts to stimulate
research centres and institutes do
evaluation of the effectiveness exchanges between corporate
not constitute the only research
of entrepreneurial teaching finance, market finance, insurance
activities conducted by the Faculty.
programmes; the evaluation and risk management. With
Innovation often results from
of public policy in the field of this fourth centre, EMLYON
emerging work, led by single
company creation and takeovers, Research demonstrates two of
faculties and/or professors who
and the dynamics of fast-growth its convictions: that the unders-
organise themselves into informal
start-ups. The Entrepreneurship tanding and approach to risk
groups, in disciplinary or thematic
Research Centre is managed by (notably, but not only, financial
fields that may be far away from
Alain Fayolle. risk) are at the heart of the
research centres. The sociology
entrepreneurial dynamic, and
of the science tells us that it is • The second centre examines that the relationship between the
often these marginal or heterodox governance in relation to the entrepreneur and risk (notably,
initiatives which generate the political legitimacy of the en- but not only, financial risk)
greatest progress. The governance trepreneur. Four main research varies according to institutional
of the research acknowledges topics form the basis of targeted systems. Consequently, a detailed
and reflects this tradition of dual work and publications: executives understanding of risk is essential
research”. versus management; sharehol- in order to contribute to the
In summary, strong Research ders versus investors; financial entrepreneurial agility of students
Centres and Institutes supported by capital versus human capital; and participants in EMLYON
a recognized collective of scholars business versus society. Thanks programmes.
to the activity and influence8
EMLYON
ScientifiC
REPORT
2013-2014
The year 2013 saw the birth of whose work is not directly related able to develop their research work
a fifth research centre, the Research to the baseline. Indeed, the outside the five centres described
Centre for Entrepreneurial policy of EMLYON Research and within the framework of
Finance (ReCEntFin). Headed cannot be disassociated from traditional disciplines, such as
by Alexander Groh, its major the specific positioning of marketing, finance, accounting,
contribution is the creation and EMLYON Business School, information systems, strategy,
dissemination of research on which is that of a “generalist etc. Therefore, EMLYON Research
entrepreneurial finance to enhance Grande École”. We must therefore has adopted the additional mission
transparency and mutual com- offer our programme participants of supporting research in all the
prehension between entrepreneurs a faculty staff qualified in all main disciplines required for general
and financiers. The EMLYON the main disciplines in the field higher education programmes in
Research Laboratory also includes of management. As a result, management.
a certain number of researchers EMLYON Research professors are
publications in 2013-2014
The tables below present the research publication statistics for the year 2013-2014. The net increase of academic
articles ranked A and B reflects EMLYON Research focus on producing high quality papers, published in the
most selective international journals (see table 1 and EMLYON list of Academic Journals). Table 2 gives a longer
historical perspective. It shows the progress achieved in relation to the successive five-year periods (1991-1996;
1997-2002; 2002-2007; 2007-2012) on the basis of which EMLYON was accredited by EQUIS. The detailed list
of publications can be consulted on page 50 and following.
Table 1 – Annual statistics on scientific productions - 09.2004 - 08.2014
04-05 05-06 06-07 07-08 08-09 09-10 10-11 11-12 12-13 13-14
Academic articles in tier A&B journals 23 20 23 26 33 42 44 33 40 52 (2)
Including Tier A articles (1) 6 8 4 8 10 10 14 16 16 14
Including Tier B articles (1) 17 12 19 18 23 22 30 17 24 38
Academic articles of other ranks 19 23 20 21 40 17 40 45 41 16 (2)
Articles published in unranked
journals or trade journals 19 26 16 16 40 55 27 30 32 26
Books 13 10 12 12 15 12 13 9 12 9
Book chapters 27 28 41 57 58 30 48 35 24 30
Sub-total 110 107 112 132 186 156 172 152 149 133
Working papers 13 15 15 5 10 13 6 7 16 6
Published Case studies 7 23 9 5 17 26 16 21 22 8
Total publications 130 145 136 142 213 195 194 180 187 147
(1) Based on the EMLYON ranking of academic journals (version September 2009)
(2) Among the 68 ranked articles (52+16), 55 are ranked in the CNRS List, Economy & Management section (May 2014).
Table 2 - Comparison of scientific productions from one period
to another
Average Average Average Average 2012-2013 2013-2014
1991-1996 1997-2002 2002-2007 2007-2012
Total Articles 14.4 37 58.6 101.8 113 94
Books 2.2 8 11.2 12.2 12 9
Book chapters 11.2 22.5 27.2 45.6 24 30
Total 27.8 67.5 97 159.6 149 1339
EMLYON
ScientifiC
REPORT
2013-2014
PRIzES, AWARDS
AND RECOGNITION
PRIX DE LA CHANCELLERIE – Each year, the “Chancellerie” bestows prizes called the
CHANCELLERIE AWARD “Formal Chancellerie Prizes” to reward the academic
and scientific quality of PhD theses. These awards are
Ludivine REDSLOB received
funded by donations and bequests granted to the old
the “Chancellerie Prize” for her
University of Paris. The Chancellerie prizes are open
PhD thesis during a ceremony that
to all students enrolled in universities in the “Île-de-
took place on December 2nd 2013.
France” region in law and political science, economics
Ludivine REDSLOB defended her
and management, medicine and science, arts and
dissertation entitled: “La construction
humanities, and pharmacy.
de l’identité professionnelle des contrôleurs de gestion dans un
milieu où la performance financière est en quête de légitimité :
l’armée française”, at the University of Paris Dauphine
on April 10th 2012, under the supervision of Henri
BOUQUIN, Emeritus professor.
Doctoral defenses
Mar PEREZTS, Assistant Bertrand TAVIN, Assistant
Professor in Management and Professor in Finance, success-
Business Ethics, successfully fully defended his doctoral
defended her thesis on February thesis on November 7th 2013 at
24th 2014 at ESCP Europe and Université Paris 1 - Panthéon
Paris 1 Panthéon Sorbonne Sorbonne, entitled: Essays in
University, entitled: Ethics as situated practice: a Options Theory. The members of the jury were
multilevel study of ethics at work in banking compliance. Professor Jean-Paul LAURENT (Université Paris
The members of the jury included Professor Jean- 1 - Panthéon Sorbonne) president; Professor
Philippe Bouilloud (ESCP Europe) her supervisor; Olivier LE COURTOIS (EMLYON Business
Jean-François Chanlat (Université Paris Dauphine), School), external examiner; Distinguished Professor
Eric Faÿ (EMLYON), the external examiners Patrice PONCET (ESSEC Business School), thesis
; Ghislain Deslandes (ESCP Europe), Hervé supervisor; and Professor Jean-Luc PRIGENT
Corvellec (Lund University Sweeden), and Anne (Université de Cergy-Pontoise), external examiner.
Gratacap (Université Paris 1 Panthéon Sorbonne).10
EMLYON
ScientifiC
REPORT
2013-2014
BEST PAPER AWARD
Nominations
Sophie MICHEL, doctoral student
under the supervision of Catherine Michel PHAN, Professor
PARDO (EMLYON) and Ignasi of Luxury Marketing at
MARTI-LANUSA (EMLYON), EMLYON’S Asian Campus,
was awarded the Etienne Thil was nominated Editor in Chief
Prize for her paper entitled “La of Luxury Research Journal,
survie des intermédiaires face au circuit court : le cas des published by Inderscience
grossistes en fruits et légumes” during the 16th Etienne Publishers (formerly Luxury
Thil Conference that took place on October 2nd-4th Intelligence: an international
2013 in Paris (ESCP Europe). The Etienne Thil Prize Journal).
recognizes the work of young scholars.
INTERNATIONALISATION AND INNOVATION AWARD
Pablo MARTIN DE
Monica GROSSO, Assistant HOLAN, Professor of
Professor in Marketing & Retail Strategy and Entrepreneurial
at EMLYON, received the Management and Director
internationalization and innovation of the International MBA,
award from SDA Bocconi for her became Associate Editor
research on consumer behavior. of Journal of Management
This award recognizes her work Inquiry. He will act as a
conducted with the “Channel and standard editor, and also run
Retail Academy” and sponsored by and expand two sections that
IBM. Monica GROSSO has been are particular to this journal:
studying consumer behavior in “essays” and “non-traditional
15 different countries in order to research”.
better understand the factors that
determine final purchasing decisions
in a specific store.
HDR Soutenances
Christiane PRANGE success- Kedge Marseille), Kristine De Valck (HEC Paris),
fully defended her “Habilitation Philippe ROBERT-DEMONTROND (Université
à Diriger des Recherches” on 29th de Rennes), Christophe BENAVENT (Université
November 2013 at the University Paris Ouest), Richard Ladwein (Université de Lille)
Jean Moulin Lyon 3. Entitled et Gilles MARION (Professeur émérite EMLYON).
“Ambidextrous strategies.
Véronique BOUCHARD
How Companies manage Paradoxes, Learning
successfully defended her
and Innovation on a Global Scale”. The jury was
“Habilitation à Diriger des
composed of the professors Ulrike MAYRHOFER
Recherches” on 24th January
(Université Jean Moulin Lyon 3), Pervez GHAURI
at the Université de Reims
(King’s College, London), Stefan SCHMID (ESCP
Champagne Ardennes. Entitled
Europe, Berlin), Catherine THOMAS (Université
“Entrepreneuriat organisationnel et auto-orga-
de Nice), Jean-Fabrice LEBRATY (Université Jean
nisation dans l’entreprise : un cas de fertilisation
Moulin Lyon 3) and Bill McKELVEY (UCLA).
croisée”. The jury was composed of the professors
Lionel SITZ succesfully Martino NIEDDU (Université Reims Champagne
defended his “Habilitation à Ardennes), Claire AUPLAT (Novancia Business
Diriger des Recherches” on 6th School), Valérie FRANCOIS (Université Lille 1),
December at University Paris Caroline VERZAT (Novancia Business School),
Sud. Entitled “Comment le Alain FAYOLLE (EMLYON Business School),
marché se (dé)fait” . The jury Emile MICHEL-HERNANDEZ (Université
was composed of the professors Dominique ROUX Reims Champagne-Ardennes).
(Université Paris Sud), Bernard COVA (Université11
EMLYON
ScientifiC
REPORT
2013-2014
TRIBUTE TO ULRICH WASSMER, 1969-2014
EMLYON A citizen of the world, Uli was born and raised
Business School in Germany, where he graduated with a degree in
is deeply industrial engineering (Diplom-Wirtschaftsingenieur)
saddened by in 1994, moved to the USA for his MBA and came
the death of back to work as a consultant in Germany and then
our friend and England. He was awarded his Ph.D. in Spain in
colleague Ulrich 2007 and married an Italian woman, before getting
Wassmer. his first academic job in Canada and eventually
After months of a courageous fight against cancer, joining us in France in 2013. We benefitted a great
Uli passed away shortly before Christmas 2014 deal from his intercultural skills, open-mindedness
at the shockingly young age of 44. Uli was an and eagerness to meet people... not to mention his
Associate Professor of Strategy at EMLYON polyglotism: he spoke five languages.
Business School and was deeply involved in
It was a real pleasure to have Uli around. He was
EMLYON Ph.D. programme. He will be sorely
always very kind and full of humor, extremely smart
missed.
and willing to help, full of energy. He was also very
Uli was a great scholar, advancing our knowledge modest: I only learned about many of his achie-
on interorganisational collaboration. In particular, vements after he died, while talking to colleagues
he showed that for alliances to create value, they who were as shocked as I was. Many shared stories,
need to fit with the focal firm’s prior set of alliances both personal and professional. We remembered the
(the ‘portfolio perspective’). Recently, he applied his time he rode his bike all the way from his German
knowledge to the pressing issue of environmental hometown to Lyon and marvelled at the number of
collaborations. Uli was highly regarded in the working papers he was coauthoring at the time of
research community, holding an elected position his death…
in the Strategic Management Society (Cooperative
Uli fought his battle against cancer with immense
Strategies SIG), and serving on the editorial board
courage and dignity. Always the true scientist, he
of the Journal of Management. He was very well
studied the literature and followed recommendations
published and cited.
for increasing one’s chances, listening to doctors and
Uli was also a superb teacher who devised great adjusting his diet.
learning outcomes for his students, drawing from
“I will remember Uli as a very smart scholar, full of
both his business experience as a consultant and his
energy and ideas to improve our Ph.D. programme. I will
scholarly expertise. He cared deeply for his students,
miss Uli’s kindness and humor. I will also regret having had
who liked his classes a lot. While at Concordia
so little time to be with him. My thoughts are with his
University, Uli won the JMSB Dean’s Award for
family: his wife Cristina and their two little boys Dario
Teaching Excellence.
and Fabio, all three way too young to be deprived of him,
Our Ph.D. programme benefitted a lot from his and with his mother.”
ideas. Just a month before passing away, he had sent (Bernard Forgues, Director PhD programme)
me a wonderfully crafted syllabus for a new seminar
aimed at “enhancing the Ph.D. research toolbox”.12
EMLYON
Scientific
Report
2012-2013
New FACULTY
From left to right
Corinne BERNEMAN - Bruno COURBON - Gilles NEUBERT - Jean-Pascal BRIVADY - Christian FRIEDEMANN - Jean-louis MAGAKIAN - Olivier BACHELARD
Markets and Innovation Strategy and Organisation
Corinne BERNEMAN Christian FRIEDEMANN
Senior Pedagogical Coordinator Affiliate Professor in Entrepreneurship
— —
Her expertise includes strategic marketing, international Before starting his academic career, he held several
marketing and services marketing, with a strong interest positions - Consultant with Siemens AG and CEO
in cultural marketing and sustainable development. of companies Tenovis Comergo GmbH, Stuttgart, Bullith
She has written articles in international academic journals Batteries AG, Ismaning/Munich and Monios Business
such as the Journal of Arts Management, Law and Society, Amplification GmbH, Munich – Lyon. His teaching
Economia della cultura, Journal of Cleaner Production. areas include strategic change management, strategic
innovation and business models and entrepreneurship.
Bruno COURBON
Senior Pedagogical Coordinator Jean-Louis MAGAKIAN
— Affiliate Professor in Entrepreneurship
His expertise includes marketing, market survey —
and communication. He is now in charge of all Before starting an academic career, he held different
marketing courses for the EMLYON B.B.A. positions, such as Sales Manager, Consultant in Strategy
and Finance, and interim CEO. His research areas
Gilles NEUBERT focus on organisational cognition (role of language,
Professor of Operation Management sense-making and strategic thinking), activity theory,
— Russian psychology and philosophy of language, and
His research focuses on activities contributing to inter- finally video-technology in qualitative research.
enterprise relationships and their impact on value creation
and the development of territories. He has written articles
in international academic journals such as the International Management, Law and Human Resources
Journal of Computer Integrated Manufacturing, International
Journal of Information Technology and Management, Olivier BACHELARD
International Journal of Production Economics, Production Affiliate Professor of Human Resource Management
Planning and Control, etc. His teaching areas are production —
and operations management, and lean management. Olivier BACHELARD held various programme
responsibilities at the Ecole Nationale Supérieure
de la Sécurité Sociale and in the former ESC
Economics, Finances and Control Saint-Etienne group. His research focuses on
psychosocial risks at work. In 2008, he created and
Jean-Pascal BRIVADY co-directed the Chair Santé et Sécurité au Travail.
Senior Lecturer in Finance He has written several articles in national academic
— journals and numerous books and chapters.
Before starting his academic career, he held several
positions as an internal auditor, CFO, and financial
analyst on the European equity market. From 2010 he
has regularly taught at EMLYON as adjunct Faculty to
executive, as well as to graduate, students. His teaching
areas include corporate finance and financial markets.13
EMLYON
Scientific
Report
2012-2013
EMLYON SCHOLARSHIP
IN THE PRESS - SNAPSHOTS
3RD EDITION OF THE “FORUM DES DIRIGEANTS” The Forum des Dirigeants is a special event because it
MANAGEMENT FORUM brings together teachers and entrepreneur-managers,
thus allowing the academic AND operational perspec-
The third edition of the Forum des Dirigeants was
tives to be analysed together.
held at EMLYON on the 12th June 2014 and featured
discussions and debates led by graduates of the AMP/ More than one hundred entrepreneurs from the
CPA programme and EMLYON FOREVER on the Rhône-Alpes region took part in the round-table
theme: “Bousculons les idées reçues ... vers un management discussions in order to inspire and share their
humain 3.0?” (“Breaking with tradition … towards experiences with conference speakers and managers.
human management 3.0?”).
Video report on the event: http://youtu.be/4jAxmergsws
Harvard Business Review France
Harvard Business Review France officially launched
its website in January 2014: http://www.hbrfrance.
fr. Three professors at EMLYON regularly publish
chronicles and essays: Pierre-Yves GOMEZ, David
COURPASSON and Christophe HAAG.
• COURPASSON, David. 2014. Le manager empêche´
de… bien faire son travail. Harvard Business Review -
France: 3 P.
• COURPASSON, David. 2014. Le néomanagement
engendre la souffrance des cadres dans l’indifférence
générale. Harvard Business Review - France.
The event was introduced by Denis PAYRE, founder of
companies Business Object and Kiala, the “Croissance • COURPASSON, David. 2014. Sommes-nous tous
Plus” association, and President of the “Nous Citoyens” des subalternes au travail ? Harvard Business Review -
political movement. He also shared his experiences and France: 4 P.
set out his vision of entrepreneurship in France today. • GOMEZ, Pierre-Yves. 2014. Emancipons les
The event brought together ten different speakers managers de la machine à reporting ! Harvard Business
- professors from EMLYON Business School and Review - France.
renowned business managers - who shared their personal • HAAG, Christophe. 2014. Dirigeants, suivez votre
experiences during the following round-table discussions: GPS intérieur. Harvard Business Review - France.
• Les transformations de la distribution en BtoB (How
distribution is evolving in BtoB) with Catherine
PARDO
• La résistance au travail chez les managers (Managers and
resistance at work) with David COURPASSON
• La place du gratuit chez les managers (Managing
donations and gifts) with Pierre-Yves GOMEZ
• L’effectuation, processus entrepreneurial pour manager
innovateur (Implementation: an entrepreneurial
process for innovative management) with Philippe
SILBERZAHN14
EMLYON
Scientific
Report
2012-2013
United Nations Special Rapporteur GEM – Le
on Cultural Rights problématique
EDUCATING ENTREPRENEURS FOR THE WORLD
passage des
Agnès NAIRN contributed to
LE PROBLÉMATIQUE PASSAGE intentions
the recent report from the United DES INTENTIONS
D’ENTREPRENDRE À L’ACTION d’entreprendre
Nations Special Rapporteur on
Global Entrepreneurship Monitor à l’action,
Cultural Rights, entitled “Promotion Résultats 2013
résultats 2013
and protection of human rights:
human rights questions, including
alternative approaches for improving the effective
enjoyment of human rights and fundamental freedoms”.
SHRUM, L. J., LOWREY, Tina M., NAIRN, www.em-lyon.com
Agnès, Et. Al. 2015. Materialism: The good, the bad
and the ugly. Journal of Marketing Management, http://www.publications-em-lyon.com/
[Forthcoming]. Abstract_1_GEM_2013/
NAIRN, Agnès. 2015. The First Stage: Childhood.
In HAMILTON, Kathy, DUNNETT, Susan & LE GRAND DEFI
PIACENTINI, Maria: Vulnerable Consumers: The “Grand Défi de la Création d’Entreprise” (Business
Conditions, contexts and characteristics. Routledge Start Up Challenge) took place on the 29th January 2014
[Forthcoming]. at the Palais Brongniart. Organised by the French
Chamber of Commerce in partnership with BPI France,
EMLYON Business School, Entreprendre et Innover,
l’Opinion and Viadeo, the event aimed to highlight
new sources of support available for business start ups.
Alain FAYOLLE, Professor of Entrepreneurship at
EMLYON, was amongst the “project testers”.
There was also political support for the event, notably
from Najat VALLAUD-BELKACEM, then Minister for
Women’s Rights and government spokesperson.
En partenariat avec
Le Grand Défi de la Création dʼEntreprise
summary from the report Quoi ?
4 équipes composées de personnalités politiques vont travailler avec 4 porteurs de projet de création pour concevoir 4 business models innovants.
Chaque équipe pitchera le business model retenu devant un panel d’entrepreneurs, d’investisseurs et de médias.
In the present report, the Special Rapporteur in the field of cultural rights considers the impact commercial
advertising and marketing practices have onQuand
the et où ?
enjoyment
29 janvier 2014
of cultural rights, with a particular focus on freedom of
thought, opinion and expression, cultural diversity and –ways
Au Palais Brongniart ofrue life,
entrée par la the rights
Notre-Dame-des-Victoires, ofdu children
en face n°40 with respect to education
M° Bourse – Sortie Notre-Dame- des-Victoires
and leisure, academic and artistic freedom and the right to participate in cultural life and to enjoy the arts.
Pourquoi ?
Examining new trends in advertising and marketing strategies,
Faire mieux appréhender
business model.
la réalité de lathe
créationSpecial
d’une entreprise Rapporteur isenconcerned
à des personnalités politiques byune the
leur faisant tester en direct méthodeincreasin-
innovante de définition de
gly blurred line between commercial advertising and
Contribuer other
à la cause nationale decontent, especially
l’entrepreneuriat en montrant aux futurs in the
porteurs areas
de projet of culture
qu’entreprendre and education.
n’est pas si compliqué.
Exposer les différences entre l’intention d’entreprendre et le passage à l’action.
An overall concern relates to the disproportionate presence
Dresser un panorama of commercial
de l’entrepreneuriat en France. advertising and marketing in public spaces,
the myriad advertisements and marketing messages
Entreprendre, cepeople receive
nʼest pas si compliqué ! Et si daily, thesimples
quelques outils dissemination
nous permettaient de passer of dʼune
such communications
« intention entrepreneuriale » parmi la plus
élevée au monde à une « action entrepreneuriale » aussi forte ?
using a large variety of media in a systematic and integrated way and the resort to techniques aimed at circumventing
individual rational decision-making. 1
The report concludes that States should protect people from undue levels of commercial advertising and marketing
while increasing the space for not-for-profit expressions. Within the framework of article 19 of the International
Covenant on Civil and Political Rights and based on the view that commercial messaging may be granted less
protection than other forms of speech, the Special Rapporteur recommends that States regulate the area more
effectively. Of particular note is the recommendation to ban all commercial advertising and marketing in public and
private schools.15
EMLYON
ScientifiC
REPORT
2013-2014
ENTREPRENEURSHIP
RESEARCH CENTRE (CRE)
The Entrepreneurship Research Centre (CRE) was created in 2005 and
is directed by Alain Fayolle, Professor of Entrepreneurship. It groups
together twelve researchers of seven different nationalities and half a
dozen Doctoral and PhD students
It is continuing the work initiated use of a number of paradigms, approaches and different
twenty years ago at EMLYON, sensitivities, to explore in depth our understanding of
notably via the “Génération every facet of entrepreneurial activity in organizations.
Entrepreneurs” Chair and latterly
In keeping with previous years, key events in the year
the “Rodolphe Mérieux” Chair,
2013-2014 included the publication of four books, the
both of which were financed by
defense of two doctorate theses (Amira BEN SALA and
Alain FAYOLLE Alain Mérieux. It also manages
Imen BEN SALA), the organization of several internal
Director of the CRE the international and comparative
and external workshops, and the further development
GEM (Global Entrepreneurship
of international collaborations, notably STEP, GEM and
Monitor) study, of which
ASTEE.
EMLYON Business School is the French representative.
The Entrepreneurship Research Centre teams make
In memoriam, Emeran NZIALI
EMLYON Business School is deeply saddened by the death of our friend and
colleague Emeran Nziali. After months of a courageous fight against cancer,
Emeran passed away on the 18th November 2014 at the shockingly young age
of 37.
Before starting at EMLYON as a Post-doc student at the Entrepreneurship
Research Centre, Emeran had defended his dissertation in economics, entitled:
“Les théories contemporaines de l’entrepreneuriat et la performance macroéconomique : une
perspective sur l’innovation et la distribution de la taille des firmes” under the supervision of Prof.
Bruno AMABLE (University Paris 1).
Emeran worked closely with Alain FAYOLLE. Specifically, he had been very active in the Global
Entrepreneurship Monitor project. On behalf of the EMLYON team, he had attended the GEM Annual
Meetings in Santiago and Kuala Lumpur, directed the empirical investigations and co-authored
several reports. Emeran Nziali was an energetic and promising young researcher and his passing is a
great loss to the community. Our thoughts are with his family: his wife Caroline and their two little
children, all three way too young to be deprived of him, and with his parents and relatives.16
EMLYON
Scientific
Report
2013-2014
Focus on international collaborations
ASTEE STEP PROJECT
The ASTEE project was co-founded by the European EMLYON and the Entrepreneurship Research Centre
Coommunity, the Competitiveness and Innovation have been invited to take part in the international
Framework Programme (CIP) that took place from project, STEP (Successful Transgenerational
December 2012 until June 2014. Professor Alain Entrepreneurship Practices).
FAYOLLE was part of the 7-member project partners.
Founded in 2005 by Babson College in collaboration
The ASTEE project (Assessment Tools and indicators with six academic affiliates in Europe, the STEP Project
for Entrepreneurship Education) was initiated as a is a global applied research initiative that explores the
result of a recognised need for impact assessment entrepreneurial process within business families and
of entrepreneurship education at different levels of generates solutions that have immediate application for
education. It was the aim of the project to develop family leaders.
measurement tools for assessing entrepreneurial skills,
Celina SMITH, Assistant Professor
knowledge, attitudes and mindsets among pupils and
in Entrepreneurship, Myriam
students, and the goal going forward is to implement
LYAGOUBI, Associate Professor
these tools across educational institutions in Europe. It
of Finance, Head of Specialised
is by providing access to such necessary measurement
Master in Corporate Finance, and
tools that discussion and action to further improve and
Alain FAYOLLE will convene the
disseminate entrepreneurship education on a larger scale
next STEP meeting at EMLYON
across Europe will be stimulated.
on May 27th 2015, with the EIASM
workshop on Family Business to
follow from May 28-30th.17
EMLYON
Scientific
Report
2013-2014
Doctoral defenses
Amira BEN SALA Imen BEN SALA defended her
defended her doctoral thesis doctoral thesis in Management
in Management Science on Science on December 17th, 2013
December 17th, 2013 at Jean at Jean Moulin - Lyon 3 University,
Moulin - Lyon 3 University, supervised by Alain FAYOLLE,
supervised by Alain FAYOLLE, entitled “Contribution à la
entitled “Contribution à la compréhension de l’impact de compréhension de l’impact des expériences d’accompagne-
l’accompagnement sur le développement de la perception ment entrepreneurial sur la dynamique de l’apprentissage
des compétences entrepreneuriales : Etude de Réseau expérientiel et le changement des comportements des ac-
Entreprendre”. Presided over by Isabelle ROYER compagnateurs : Cas du Réseau Entreprendre”. Presided
(Lyon 3 University), the jury members were: Lassaâd over by Isabelle ROYER (Lyon 3 University),
MEZGHANI (Carthage University, Tunisia), the jury members were: Lassaâd MEZGHANI
Emile-Michel HERNANDEZ (Reims Champagne (Carthage University, Tunisia), Emile-Michel
Ardenne University), Lotfi BELKACEM (Sousse HERNANDEZ (Reims Champagne Ardenne
University, Tunisia) and Nelly SCHUTZ (AgroSup University), Lotfi BELKACEM (Sousse University,
Dijon). Tunisia) and Nelly SCHUTZ (AgroSup Dijon).
Bookstore
Fayolle, Alain & FAYOLLE, Alain &
WRIGHT, Mike. 2014. REDFORD, Dana T. 2014.
How To Get Handbook On The
Published In The Best Entrepreneurial
Entrepreneurship Journals. University.
Edward Elgar. Edward Elgar.
SILBERZAHN, Philippe. FAYOLLE, Alain. 2014.
2014. Handbook of Research
Effectuation: Les principes On Entrepreneurship:
de l’entrepreneuriat pour What We Know and What
tous. We Need to Know.
Pearson. Edward Elgar.18
EMLYON
Scientific
Report
2013-2014
CONFERENCES AND SEMINARS • What do entrepreneurs talk about when they talk
about failure?
(selection) Prof. Bill GARTNER
Californian Lutheran University, USA
Entretiens Jacques Cartier
• Scale and scope of organizing: Insights from the
In November 2013, the Entrepreneurship Research palliative care in Kerala
Centre co-organized and led the workshop “Nouvelles Pr Philippe MONIN
avenues en soutien au développement de l’entrepreneuriat et EMLYON Business School
des dirigeants de PME (incluant les PME familiales) - études
• Instrumental & Symbolic benefits in Entrepreneurship
de cas d’innovations structurantes et regards académiques ;
and Identity-based analysis
Regards croisés France-Québec”.
Prof. Marc GRUBER
EPFL, Switzerland
• Policy risk, strategic decisions and contagion effects:
The seminar series: the eShip Talks
firm-specific considerations
Co-organised by Brice Dattée Prof. Caterina MOSCHIERI
and Celina Smith, Assistant IE Business School, Spain
Professors in Entrepreneurship,
• From Alliance to Acquisition: A Bilateral, Multi-Stage
the eShip Talks research seminars
and Multi-Level Process Analysis of Transitional
provide a forum for discussion about
Governance Trajectories
ongoing research work.
Prof. Anoop MADHOC
The editorial line adopts a fairly Schulich School of Business, Canada
broad definition of entrepreneurship
• Does Entrepreneurship Education “move the
in order to stimulate exchanges
Needle“? The Cognitive Developmental Trajectory
at the intersections of several
Pr Norris KRUEGER
disciplines, such as innovation
Boise State University (Idaho - USA)
management, organisation theory, strategy and finance.
• Family entrepreneurial teams and the family (in)
business
During the year 2013-2014, a dozen researchers from Pr Allan DISCUA CRUZ
ten or so foreign universities brought their expertise to University of Lancaster (UK)
the following debates and themes:
• What’s interesting in Entrepreneurship Research?
Prof.Dr. Hermann FRANK
WU Small Business Management and
Entrepreneurship
• Industry Rivalry and Inattention to Threats: a Study
of the Banking Crisis
Prof. K SONPAR & F PAZZAGLIA& P MARTIN
DE HOLAN
Smurfit School of Business (Dublin) & EMLYON
Business School
• How entrepreneurs in family business respond to
environmental jolts: a study of brinkmanship behavior
Prof. Celina SMITH
EMLYON Business School19
EMLYON
ScientifiC
REPORT
2013-201420
EMLYON
ScientifiC
REPORT
2013-2014
THE FRENCH CORPORATE
GOVERNANCE INSTITUTE
(IFGE)
The French Corporate Governance Institute was created
by Pierre-Yves Gomez, who is its director. It focuses
on four areas of research: directors versus executives,
shareholders versus investors, financial capital versus
Pierre-Yves GOMEZ
Director of the IFGE human capital, and business versus society.
With 18 researchers coming from diverse institutions, the Institute has become a leading research centre on these
issues. The team includes researchers from EMLYON Research, doctoral researchers who work on their theses
under the management of IFGE researchers, associates, and university or management school professor-researchers
involved in IFGE work. With its scientific production and training activities and its role in society as a whole, the
IFGE fulfils all the criteria of an institute at EMLYON Business School.
www.ifge.eu
BOOKstore
GOMEZ, Pierre-Yves & Opening the black box of agency
KORINE, Harry. 2013. theory, Harry Korine, Associate
Strong Managers, Professor at Insead and London
Strong Owners: Business School and Associate
Corporate Governance Research at IFGE, and Pierre-Yves
and Strategy. Gomez show how management
Cambridge University and ownership interact to shape the strategy of the
Press firm. In their view, the critical question to ask is
not what is the best strategy, but rather, who is the
strategy for? With numerous detailed examples, Strong
Managers, Strong Owners is an invaluable resource for
company owners, board members and executives, as
well as their advisors in strategy and governance.
The family firm preparing generational change, the
partnership that welcomes new partners, and the
shareholders of a firm that chooses to go public are
making decisions that will have an impact on strategy
and management. Conversely, a change in strategy such
as a move to diversify or a decision to take on more risk
in a business can make the firm more attractive to some
shareholders and less attractive to others and is therefore
not ownership neutral.21
EMLYON
ScientifiC
REPORT
2013-2014
A DECADE-LONG TRADITION OF PUBLISHING “PREUVES A L’APPUI” series
STUDIES AND REPORTS AIMED AT
These series look at the changes that have taken
POLICY-MAKERS
place within French businesses over the last 20 years,
The publication and dissemination of the “Preuves drawing evidence from a vast, exclusive database of
à l’appui” series are the logical result of a long-term economic, financial and governance data from 740
research strategy focusing on the quantitative dimension listed companies in France between 1992 and 2012.
of research conducted into governance at IFGE. The sample includes very large corporations, medium-
It follows the publication and dissemination of the sized enterprises and SMEs, and therefore reflects the
“Cahiers pour la réforme”, initiated in 2008, which population of French companies.
proposed ideas to be explored and improvements in
The latest editions look at the following subjects:
practices (Employed directors; professionalization
of directors, internal controls and governance). All • 20 years of dividend distribution in France,
resulting “Cahiers pour la réforme” productions are also
• SMEs and SMIs governance.
freely accessible on the site: www.ifge-online.org, in a
manner designed to render our research work public
Cahier
to those involved in corporate governance and those n° 4
Mai 2013
who need to consider the evolution of their practices
(French Institute of Directors, IOD, MiddleNext).
20 ANS DE DISTRIBUTION
PR EU V ES À L’A PPU I
DE DIVIDENDES EN FRANCE
1992-2011
“Les publications de l’I.F.G.E.” series
Plus de 550 milliards de dividendes ont été distribués
depuis 20 ans par environ 400 entreprises cotées. Il
est important de savoir quelle est l’origine de ce flux
de financement de l’économie.
Toutes les entreprises ont-elles contribué de la même
façon ?
GOMEZ
Existe-t-il des différences selon l’actionnariat ou le
secteur économique ?
Les publications de l’IFGE
En utilisant la base GEF/IFGE, cette étude met en
lumière comment, entre 1992 et 2011, les entreprises
Pierre-Yves &
ont produit et distribué une part de leurs revenus à
leurs actionnaires.
GUEDRI Zied. sous la direction de
2013. Rapport 2013
Pierre-Yves Gomez & Zied Guedri
Pierre-Yves Gomez
sur les Entreprises
Cahiers «Preuves à l’appui» en partenariat avec
Zied Guedri
faisant référence au
RAPPORT SUR
LES ENTREPRISES
code de gouvernance
FAISANT REFERENCE AU
CODE DE GOUVERNANCE
MiddleNext. (Les
MIDDLENEXT POUR Publications de Cahier
L’EXERCICE 2011 n° 5
l’IFGE). EMLYON. Octobre 2014
Avril 2013
Ce rapport a été réalisé par l’IFGEPublished in
avec le soutien de l’Institut de Recherche MiddleNext
December 2009,
en partenariat avec PwC et Financière de l’Echiquier
Qui sont les patrons
PR EU V ES À L’A PPU I
français ?
1
the MiddleNext Évolution des
corporate governance dirigeants des
entreprises cotÉes
code for Midcaps aims at providing guidelines to these 1992-2012
companies, which often have reference shareholders,
to evaluate their governance. It is also complementary
to the other codes, and notably that proposed by the sous la direction de
AFEP and MEDEF, some of whose recommendations Pierre-Yves Gomez & Zied Guedri
are not suited to Midcaps. Cahiers «Preuves à l’appui» en partenariat avec
As happens every year, MiddleNext chose to entrust
to IFGE the analysis of companies that referred to
its governance code for the year 2012. This report
thus gives an overview of the companies using the
MiddleNext Code. It allows a better understanding of
their characteristics and their governance system, as well
as the problems the code helped them to solve.22
EMLYON
ScientifiC
REPORT
2013-2014
KEY EVENTS
10th birthday of The French Corporate This was the third prize to date this year for the
Governance Institute publication “Le travail invisible: enquête sur une
disparition” by Pierre-Yves Gomez.
This year, the French Corporate Governance
Institute celebrated the 10th anniversary of its This work offers an original perspective and
creation. Over the course of the decade, the I.F.G.E. constitutes a real decision-making aide in the fields
gave birth to Corporatia, an e-learning course on of work, society and management.
governance, as well as the “Cahier pour la réforme”
The ceremony took place in the presence of Alain
and the “Preuve à l’appui” collections, and saw the
Roumilhac, President of Manpower Group, and
publication of many books, chronicles and case
Bernard Ramanantsoa, Managing Director of
studies.
HEC Paris.
More info on: http://www.ifge-online.org/10ans
Thesis defense
Prizes
In April 2014, Asma
Fattoum defended her
doctoral thesis entitled “Three
Essays on the King Versus Rich
Dilemma Faced by Founder-CEOs
at IPO”. The thesis committee
was composed of Frederic Delmar (Principal
Advisor, Lunds Universitet, Sweden), Pierre-Yves
Gomez (Chair, EMLYON Business School),
Garry Bruton (External Examiner, Texas Christian
University, USA) and Mike Wright (External
Examiner, Imperial College, UK)”.
This thesis comprises three essays that investigate
the king versus rich dilemma confronting founder-
CEOs at IPO. Indeed, IPOs dilute founder-CEOs’
cash-flow rights, which may weaken their control
over the firm. To prevent any loss of control, foun-
der-CEOs can put in place defensive mechanisms
such as dual-class shares, pyramid control structures
and voting pact agreements. However, because
defensive mechanisms may create opportunities
For his book “Le Travail invisible”, Pierre-Yves
for principal-principal agency costs and discretion
Gomez was awarded the “Toit Citoyen” prize of
for private benefits expropriation, founder-CEOs
the best publication in the “Expert” category.
implementing defensive mechanisms are likely to
suffer financial penalties at IPO. Hence, founder-
CEOs face a dilemma at IPO: Either (1) select
Pierre-Yves Gomez wins Best Publication
the king alternative by putting in place defensive
award from Manpower Group Foundation
mechanisms and suffering financial penalty or (2)
and HEC Paris
choose the rich alternative by not using defensive
The Manpower Group Foundation and HEC Paris mechanisms and risking loss of control over the firm
organised the 19th edition of the Manpower Group but securing higher firm valuation at IPO.
Foundation Prize at the Paris Chamber of Commerce.You can also read
