Vlerick Leuven Gent Management School

Gent, Belgium

The Vlerick Business School is the autonomous management school of Ghent University and the Katholieke Universiteit Leuven. Vlerick was founded in 1953 by professor, politician and entrepreneur Baron André Vlerick.Vlerick has four international campuses in Brussels, Ghent, Leuven and Saint Petersburg . Vlerick also has a cooperative program with BiMBA of Peking University's China Center for Economic Research in Beijing .Vlerick offers MBA & Masters in Management, as well as general and specialized courses for managers, and custom-designed training for individual companies. Over 17,000 alumni in more than 100 different countries are alumni of the management schools. Wikipedia.

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Agency: European Commission | Branch: FP7 | Program: CP-FP | Phase: SSH-2007-1.2-03 | Award Amount: 1.86M | Year: 2008

The aim of the VICO project is to assess the impact of Venture Capital and Private Equity (VC/PE) financing on the economic performance of European innovative entrepreneurial ventures as they are reflected by their innovation output, employment, growth, and competitiveness, and the role VC/PE investors play in helping these firms bridge their resource and competence gap beyond the provision of financing. Particular attention will be devoted to the institutional variety of VC/PE investors in Europe. We will consider factors affecting both the demand for and the supply of VC/PE financing, at micro and macro level. In particular, we will analyze how the effects of VC/PE financing on the economic performance of portfolio companies are moderated by i) the characteristics of the investor, ii) the characteristics of invested firms, and iii) the characteristics of the business and institutional environment in which firms operate. In addition, we will examine specific open issues that play a crucial role for the development of the VC/PE sector in Europe, namely: i) the design of a mix of multi-level policy schemes targeting seed and pre-seed capital; ii) exit mechanisms for VC/PE investors; and iii) the European integration of the VC/PE sector and the internationalization of VC/PE investors. The project will benefit from a unique combination of qualitative (survey analyses and case studies) and quantitative empirical methodologies. As to these latter, the project will build and use a micro¯o cross-country panel type dataset with a rather long longitudinal dimension and wide coverage of EU countries so as to overcome some of the key weaknesses of the extant empirical literature. The consortium is a blend of well known scientists from different disciplines (i.e. finance, innovation economics, entrepreneurship, management, policy science). Several of them have already collaborated in EU promoted research projects (such as the VCFUN project promoted by the PRIME NoE).

Agency: European Commission | Branch: FP7 | Program: JTI-CP-ARTEMIS | Phase: SP1-JTI-ARTEMIS-2011-1 | Award Amount: 13.18M | Year: 2012

In order to succeed or even to survive, manufacturers and system integrators must be able to deliver new products with speed, diversity, high quality, and at an acceptable cost. Embedded Systems (ES) are rarely entirely conceived from scratch. Companies developing ES constantly face decisions about using and adapting existing products or product assets versus new developments. Determining the long term risk and benefits of such decisions is very challenging. Complex ES are often produced by assembling parts supplied by different partners. This adds extra complexity that all actors in the supply chain need to manage. Safety critical ES product ecosystems require mechanisms allowing safe and trusted integration of ES components. Furthermore, safety critical ES need to comply with stringent safety standards. Determining the safety level based on individual parts safety characteristics is far from straightforward. The main goal of the VARIES project is to help ES developers to maximize the full potential of variability in safety critical ES. The objectives of this project will be therefore (i) to enable companies to make informed decisions on variability use in safety critical ES; (ii) to provide effective variability architectures and approaches for safety-critical ES; and (iii) to offer consistent, integrated and continuous variability management over the entire product life cycle. The VARIES project will deliver the VARIES Platform: a complete, cross-domain, multi-concern, state-of-the-art reference platform for managing variability in safety critical ES. Special attention will be given to aspects specific to safety critical ES, in particular the impact of reuse and composition on certification. In addition to this ambitious goal, the VARIES project will create a Center of Innovation Excellence (CoIE) for managing variability in ES. The VARIES CoIE will support the European ES industry on the 3 aforementioned objectives. APPROVED BY ARTEMIS_JU On 23rd April 2015 (partial transfer of rights from #14 ATEGO UK to #24 PTC). Part B description is for ATEGO UK \ PTC together

Agency: European Commission | Branch: FP7 | Program: CP-FP | Phase: SSH-2009-2.1.3. | Award Amount: 3.33M | Year: 2010

Corporate Social Responsibility (CSR) assumes greater practical significance and political relevance in the EU. A central concern is the extent to which CSR delivers benefits for economies, societies and the environment, providing a business contribution to the EUs policies for growth, competitiveness, better jobs (Lisbon Strategy) and sustainable development (Gothenburg strategy). By contrast there is little empirical evidence on the impacts of CSR practices on company performance and the wider economy, or the social and environmental fabric of Europe, its nations and regions. There are no widely applied tools and methods that provide valid and representative assessments of the impacts of CSR. The IMPACT project addresses these gaps in knowledge. The project uses a common conceptual framework to develop and apply tools that enable assessment and comparison of CSR impacts at micro (company), meso (sectoral and regional) and macro levels (nations states and EU). Indicators will be developed to assess the contribution of CSR impacts on EU policy objectives, for growth, competitiveness (including innovation), quality of jobs and environmental sustainability. A large-scale inter- and transdisciplinary empirical investigation will be carried out using four complementary methods: econometric analysis, company case studies, an analysis of different company and industrial networks and a Delphi study. All studies focus on five sectors important across the EU-27. The results will be synthesised and triangulated with each other. A foresight study will estimate ex ante future impacts of CSR. Recommendations will be addressed to policy-makers, especially those dealing with the CSR and the Lisbon and Gothenburg Strategies, also business leaders, CSR practitioners, civil society and the research and education community. Outputs include a handbook on CSR impact assessment tools, a comprehensive description of European CSR impacts to date and policy recommendations.

Stouthuysen K.,Vlerick Leuven Gent Management School | Slabbinck H.,Ghent University | Roodhooft F.,Vlerick Leuven Gent Management School
Journal of Operations Management | Year: 2012

Control offers a critical differentiator between successful and failed interfirm service exchanges. The application of informal control to improve supplier performance has been well established, but the effect of formal control appears profoundly equivocal. This study proposes that the actual effect of formal control depends on its mode (output vs. behavior) and its relationship with the service type (mass vs. professional) and informal control. With survey data from 252 service buying organizations, the results indicate that output control interacts with service type to determine perceived supplier performance (PSP). Buyers' reliance on high output control has a positive effect on PSP in mass service exchanges; this effect becomes negative in professional service exchanges. The effect of the interaction of behavior control and service type also depends on the presence of informal control. Buyers' reliance on high behavior control exerts a more positive effect on PSP in professional service exchanges than in mass service exchanges, but only in the presence of informal control. These findings have key implications for both theory and practice. © 2012 Elsevier B.V. All rights reserved.

Maenhout B.,Ghent University | Vanhoucke M.,Ghent University | Vanhoucke M.,Vlerick Leuven Gent Management School
Computers and Operations Research | Year: 2011

The personnel scheduler constructs a deterministic personnel roster that determines the line-of-work for each personnel member. When unexpected events disrupt this roster, the feasibility needs to be restored by constructing a new workable roster. The scheduler must reassign the set of employees in order to cover the disrupted shift such that the staffing requirements and the time-related personnel constraints remain satisfied. In this paper, we propose an evolutionary meta-heuristic to solve the nurse rerostering problem. We show that the proposed procedure performs consistently well under many different circumstances. We test different optimisation strategies and compare our procedure with the existing literature on a dataset that is carefully designed in a controlled and varied way. © 2011 Elsevier Ltd. All rights reserved.

Maenhout B.,Ghent University | Vanhoucke M.,Vlerick Leuven Gent Management School
Journal of Scheduling | Year: 2010

The efficient management of nursing personnel is of critical importance in a hospital's environment comprising a vast share of the hospital's operational costs. The nurse scheduling process affects highly the nurses' working conditions, which are strongly related to the provided quality of care. In this paper, we consider the rostering over a mid-term period that involves the construction of duty timetables for a set of heterogeneous nurses. In scheduling nursing personnel, the head nurse is typically confronted with various (conflicting) goals complying with different priority levels which represent the hospital's policies and the nurses' preferences. In constructing a nurse roster, nurses need to be assigned to shifts in order to maximize the quality of the constructed timetable satisfying the case-specific time related constraints imposed on the individual nurse schedules. Personnel rostering in healthcare institutions is a highly constrained and difficult problem to solve and is known to be NP-hard. In this paper, we present an exact branch-and-price algorithm for solving the nurse scheduling problem incorporating multiple objectives and discuss different branching and pruning strategies. Detailed computational results are presented comparing the proposed branching strategies and indicating the beneficial effect of various principles encouraging computational efficiency. © 2009 Springer Science+Business Media, LLC.

Rittgen P.,Vlerick Leuven Gent Management School
Proceedings of the ACM Symposium on Applied Computing | Year: 2012

In business processes, modeling is usually a collaborative activity. In it stakeholders analyze or design business processes. One of the challenges is that group members have diverse backgrounds and conflicting interests which make it difficult to arrive at a model that represents a consensus. It is therefore important to study the way in which modeling teams are organized to overcome these problems. To approach this issue we investigated the modeling behavior of such groups with the help of a tool that supports collaborative modeling while at the same time allowing for the effective collection of data on modeling activities. Besides confirming known roles we also discovered a new one, editor, that only emerges in tool-supported sessions and that functions as a mediator between modeling experts and domain experts. © 2012 ACM.

Klassen R.D.,University of Western Ontario | Vereecke A.,Vlerick Leuven Gent Management School
International Journal of Production Economics | Year: 2012

Social issues in the supply chain are defined as product- or process-related aspects of operations that affect human safety, welfare and community development. Drawing from related literatures, basic constructs related to capabilities and risk are defined and used to underpin case research in five multinational firms. This data extended our understanding of three key social management capabilities: monitoring, collaboration, and innovation. Moreover, the field research revealed four key linkages that detail how managers actively can work toward mitigating social risks, creating new opportunities, and improving firm performance. Collectively, these capabilities and linkages establish the basis for an integrative framework and five research propositions. © 2012 Elsevier B.V. All rights reserved.

Meuleman M.,Vlerick Leuven Gent Management School | De Maeseneire W.,Vlerick Leuven Gent Management School
Research Policy | Year: 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. © 2012 Elsevier B.V. All rights reserved.

Agency: European Commission | Branch: FP7 | Program: MC-ITN | Phase: FP7-PEOPLE-2012-ITN | Award Amount: 2.61M | Year: 2013

The EC is committed to a research and innovation policy that drives smart, sustainable and inclusive growth. The I4S training network is designed to study sustainability-driven innovation (SDI) in support of this objective. This is much needed as SDI is poorly understood, with companies only now experimenting with practice in this emerging field. This provides opportunity for a new program of research. Preliminary research and prospective studies suggest that SDI involves management competences and organisational capabilities rarely found in traditional business-led technology-driven innovation. SDI often begins with managerial innovation rather than technological innovation. It draws on new platforms of actors or a blend of social and business innovation. Models drawn from nature can be used as inspiration for innovation. It can lead to new business models that create and capture value, providing for performance in economic, environmental and social terms. The goal of the ITN is to research how companies manage the process of SDI. The aim is to provide research training for 9 early-stage researchers and 2 experienced researchers who will be equipped to share their knowledge as academic researchers and teachers. The ITN uses a binary approach to research training, based on collaboration between companies and academic partners so that new knowledge is academically rigorous and of practical relevance. Management practice will be studied by researchers embedded with associated partners engaged in innovation. This approach is essential if the researchers are to ground their research in this new, often experimental area of practice. The ITN is designed to develop generic knowledge about the barriers and obstacles to innovation across sectors. Associated partners will be encouraged to share knowledge, experiences and good practice. The programme is designed in line with the ECs latest thinking on university-business partnerships and the valorisation of new knowledge.

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