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Open Access
Article
Publication date: 3 August 2023

Claudia Presti, Federica De Santis and Francesca Bernini

This paper aims to propose an interpretive framework to understand how machine learning (ML) affects the way companies interact with their ecosystem and how the introduction of…

Abstract

Purpose

This paper aims to propose an interpretive framework to understand how machine learning (ML) affects the way companies interact with their ecosystem and how the introduction of digital technologies affects the value co-creation (VCC) process.

Design/methodology/approach

This study bases on configuration theory, which entails two main methodological phases. In the first phase the authors define the theoretically-derived interpretive framework through a literature review. In the second phase the authors adopt a case study methodology to inductively analyze the theoretically-derived domains and their relationships within a configuration.

Findings

ML enables multi-directional knowledge flows among value co-creators and expands the scope of VCC beyond the boundaries of the firm-client relationship. However, it determines a substantive imbalance in knowledge management power among the actors involved in VCC. ML positively impacts value co-creators’ performance but also requires significant organizational changes. To benefit from VCC via ML, value co-creators must be aligned in terms of digital maturity.

Originality/value

The paper answers the call for more theoretical and empirical research on the impact of the introduction of Industry 4.0 technology in companies and their ecosystem. It intends to improve the understanding of how ML technology affects the determinants and the process of VCC by providing both a static and dynamic analysis of the topic.

Details

European Journal of Innovation Management, vol. 26 no. 7
Type: Research Article
ISSN: 1460-1060

Keywords

Article
Publication date: 9 November 2023

Samuel Leite Castelo and Carlos F. Gomes

Governments worldwide have used administrative reforms to align public organizations with the needs of their key stakeholders. However, despite successfully implementing them…

Abstract

Purpose

Governments worldwide have used administrative reforms to align public organizations with the needs of their key stakeholders. However, despite successfully implementing them, they do not consistently achieve the desired organizational performance. This paper aims to explore the relationship between the implementation of administrative reforms and the performance of public organizations from a comprehensive perspective. For this purpose, the authors analyze the mediation role of three crucial dynamic capabilities.

Design/methodology/approach

This research used a survey-based methodology. Structural equation modeling (SEM) was used to analyze the data obtained from a sample of public officials and managers working in public organizations in the State of Ceará (Brazil).

Findings

The results of this study suggest that dynamic capabilities can have a decisive role in implementing government policy proposals and helping public organizations align their outcomes with stakeholders' needs. In addition, they indicate the existence of two levels of capabilities and identify a road map for their implementation.

Practical implications

From a practical point of view, by identifying these capabilities and their interrelationship, this study provides a roadmap to reduce the complexity of their use and help managers of public organizations deliver desired outcomes relating to the quality of individual and collective stakeholders.

Originality/value

This study makes important contributions to the literature, enabling scholars and practitioners to see the result of government policy proposals beyond the efficient use of public resources. It shows the role of dynamic capabilities as mediation instruments for changing public organizations, which can be used in administrative reform implementations and continuous improvement processes. Finally, it provides empirical research on the interaction between the three dynamic capabilities in the context of public organizations, differentiating these capabilities into two levels, which provides a road map for their implementation and development by public managers.

Propósito

Os governos de todo o mundo têm usado reformas administrativas para alinhar as organizações públicas com as necessidades de seus principais interessados. Entretanto, apesar da implementação bem-sucedida, elas não atingem consistentemente o desempenho organizacional desejado. Este estudo tem como objetivo analisar a relação entre a implementação de reformas administrativas e o desempenho das organizações públicas, visto de uma perspectiva abrangente. Para este propósito, analisamos o papel de mediação de três capacidades organizacionais cruciais.

Metodologia

Este estudo utiliza uma metodologia baseada em questionários. Foi utilizada modelagem de equação estruturais para analisar os dados obtidos de uma amostra de funcionários públicos e gerentes que trabalham em organizações públicas no Estado do Ceará (Brasil).

Resultados

Os resultados deste estudo sugerem que as capacidades dinâmicas podem ter um papel decisivo na implementação de propostas de políticas governamentais e ajudar as organizações públicas a alinhar seus resultados com as necessidades das partes interessadas. Além disso, eles indicam a existência de dois níveis de capacidades e identificam um roteiro para sua implementação.

Implicações práticas

Do ponto de vista prático, ao identificar essas capacidades e suas inter-relações, este estudo fornece um roteiro para reduzir a complexidade de seu uso e ajudar os gerentes de organizações públicas a obter os resultados desejados em relação à qualidade das partes interessadas individuais e coletivas.

Originalidade

Esta estudo faz contribuições importantes à literatura, permitindo que académicos e profissionais vejam o resultado de propostas de políticas governamentais além do uso eficiente de recursos públicos. Ele mostra o papel das capacidades dinâmicas como instrumentos de mediação para mudar as organizações públicas, que podem ser utilizadas em implementações de reformas administrativas e processos de melhoria contínua. Finalmente, fornece resultados empíricos sobre a interação entre as três capacidades dinâmicas no contexto das organizações públicas, diferenciando essas capacidades em dois níveis, o que fornece um roteiro para sua implementação e desenvolvimento pelos gestores públicos.

Open Access
Article
Publication date: 5 December 2022

Harvey S. James Jr and Damilola Giwa-Daramola

This paper seeks to determine whether family ties and structure correlate with the ethical and moral values that are important underpinnings of economic activities.

4293

Abstract

Purpose

This paper seeks to determine whether family ties and structure correlate with the ethical and moral values that are important underpinnings of economic activities.

Design/methodology/approach

The analysis uses data from the World Values Survey (WVS). Given the multilevel nature of the data in a cross-country setting, the paper utilizes a multilevel linear mixed-effects model with maximum likelihood estimation.

Findings

Families with strong ties and those with traditional family structures are less tolerant of unethical conduct and have more restrictive moral values than households where ties are weak and the household is not married. There also appears to be a bi-causal relationship in the data.

Originality/value

This paper considers a broad array of values in a cross-country setting and utilizes a multilevel modeling approach that has not been done in studies linking both family ties and structure.

Peer review

The peer review history for this article is available at: https://publons.com/publon/10.1108/IJSE-12-2021-0730.

Details

International Journal of Social Economics, vol. 50 no. 4
Type: Research Article
ISSN: 0306-8293

Keywords

Article
Publication date: 7 February 2017

Abimbola Olukemi Windapo and Astrette Cloete

This paper aims to examine briefing practices and whether these are related to the quality of brief documents and client satisfaction in constructed health-care facilities in…

Abstract

Purpose

This paper aims to examine briefing practices and whether these are related to the quality of brief documents and client satisfaction in constructed health-care facilities in South Africa. The rational for the examination stems from the view held by scholars that the briefing process is critical to the success of projects, as well as client/user satisfaction in the constructed facility, and also because of undocumented reports of client/end-user dissatisfaction in constructed health-care facilities in South Africa.

Design/methodology/approach

The research process consisted of a literature review to identify existing briefing framework and practices in use applicable to facilities. This was supported by an exploratory case study of a recently completed public hospital in East London, South Africa. Data collection for the study was undertaken by means of conducting semi-structured interviews with two groups consisting of client representatives and the technical design team on the project.

Findings

The research established that in the context of this case study, inadequate client consultation took place, not all design consultants were adequately involved in the development of the project brief, limited use was made of a specific briefing framework in developing the project brief and that despite these shortcomings in the briefing process followed, a comprehensive good quality briefing document was produced and the client was satisfied with the health-care facility constructed.

Research limitations/implications

The results of this study are generalizable with health-care facilities only. As such, research inferences and projections can only be made within this set and may not necessarily be applicable to the wider construction sector or to all projects within this sector.

Practical implications

The implications of this research are applicable to constructed health-care facilities. Practical inferences include the need to acknowledge that there is a need for a briefing framework, which should outline the involvement of all design consultants and client representatives when developing the project briefs for health-care facilities. The briefing framework is proposed for use in addressing the shortcomings in the briefing processes and practices and will also help the client in the choice of a brief process and practice which will comprehensively capture their requirements, give clear directives/information to the design consultants and will result in higher levels of end-user/patient satisfaction in the constructed health-care facility.

Social implications

Clients and allied professionals in charge of health-care facilities’ construction are encouraged to consider the implementation of a standard framework for use in the briefing process. This reflection should encourage engagement through formative legislative provision and transparent awareness campaigns.

Originality/value

This work is original insofar, as it directly addresses the alignment of briefing practices to quality of brief documents and client satisfaction in constructed health-care facilities within the context of the South African construction industry. However, similar exercises have been undertaken on briefing practices in the wider construction sector.

Details

Facilities, vol. 35 no. 1/2
Type: Research Article
ISSN: 0263-2772

Keywords

Article
Publication date: 1 August 1994

Piet Sercu and Raman Uppal

Typically, international capital budgeting is carried out using the adjusted net present value (NPV) approach. In this article, we present an alternate method for valuing…

Abstract

Typically, international capital budgeting is carried out using the adjusted net present value (NPV) approach. In this article, we present an alternate method for valuing international investments; one that is based on the option pricing theory developed by Black and Scholes (1973). We show that when (a) the decision being valued involves an irreversible investment, (b) the investment decision can be postponed, and (c) uncertainty is resolved gradually over time, using the option pricing approach may be more appropriate than the NPV approach. Applying the traditional NPV approach to value investments such as the decision to enter a new market, expand production, suspend operations temporarily or liquidate operations, may lead one to underestimate their value. This is because the naive NPV criteria is a static valuation method that ignores a firm's flexibility to postpone projects, to abandon them, or to shut down operations temporarily.

Details

Managerial Finance, vol. 20 no. 8
Type: Research Article
ISSN: 0307-4358

Article
Publication date: 11 May 2015

Omar Javaid

This paper aims to investigate the possibility of a methodological error made by the concerned scholars and academics of Islamic finance & economics to understand and study the…

Abstract

Purpose

This paper aims to investigate the possibility of a methodological error made by the concerned scholars and academics of Islamic finance & economics to understand and study the modern framework of financial institutions, where they intend to practice Islamic law of contract. This error has led them to expect something which the institutional modern framework of banks, adopted by Islamic banks (for e.g.), wasn’t designed to accomplish, hence the disappointment.

Design/methodology/approach

This study reviews the literature on history of evolution of banking industry and the corresponding ideological and cultural changes in the European society which drove this evolution; this is followed by a conceptual analysis to identify the institutional components inconsistent with ethos of Islamic norms and ethos.

Findings

After review of history and evolution of modern banking framework, in the light of Hollingsworth frame of institutional analysis, it is inferred that the said framework was designed for a secular, liberal and capitalist society to efficiently and effectively enhance freedom and accumulate capital and wealth, without much regard for equitable distribution of wealth and economic justice. These goals are very much in contrast with the normative premise of Islamic Economics, which cannot be efficiently used to achieve the related objective. This indicates that framework of banking was narrowly understood by the concerned scholars and academics, without considering its history of evolution and intended objectives, before adopting for IBs.

Practical implications

The disconnect between the Western institutional framework and ethos of Islam implies that the concerned need to look deeper and holistically while adapting Western institutions, so that necessary alteration is done in advance, if such an adoption is inevitable.

Originality/value

This study introduces a new dimension for the concerned scholars, academics and practitioners to reanalyze the institutional framework adopted from the West, so that necessary adjustments can be worked out to make the said framework compatible with the ethos of Islamic economics.

Details

Humanomics, vol. 31 no. 2
Type: Research Article
ISSN: 0828-8666

Keywords

Article
Publication date: 16 November 2012

Motiar Rahman and Aminu Alhassan

The purpose of this paper is to evaluate the perception of a contractor on early contractor involvement (ECI) type of construction project delivery approach in terms of its…

2796

Abstract

Purpose

The purpose of this paper is to evaluate the perception of a contractor on early contractor involvement (ECI) type of construction project delivery approach in terms of its benefits and drawbacks.

Design/methodology/approach

A questionnaire survey was conducted on various professionals of a contractor, who had extensive experience of working in ECI.

Findings

The ECI approach increases the opportunity for better relationships among the parties, which assist the design process from contractor's input and eventually lead to successful delivery of the project. On the other hand, unequal commitment and lack of win‐win attitude between the parties are seen as the most important drawbacks that hinder integration in ECI approach. It is also observed that benefits from ECI are likely to outweigh the drawbacks.

Originality/value

Construction projects are different, requiring adjustments, even within generic procurement or delivery approaches, in order to build a harmonious team, to allow project participants to work together and deliver an improved project. This study contributes to devising and demonstrating such a strategy, focusing on ECI approach.

Details

Built Environment Project and Asset Management, vol. 2 no. 2
Type: Research Article
ISSN: 2044-124X

Keywords

Article
Publication date: 29 March 2019

Julian Risch and Ralf Krestel

Patent offices and other stakeholders in the patent domain need to classify patent applications according to a standardized classification scheme. The purpose of this paper is to…

Abstract

Purpose

Patent offices and other stakeholders in the patent domain need to classify patent applications according to a standardized classification scheme. The purpose of this paper is to examine the novelty of an application it can then be compared to previously granted patents in the same class. Automatic classification would be highly beneficial, because of the large volume of patents and the domain-specific knowledge needed to accomplish this costly manual task. However, a challenge for the automation is patent-specific language use, such as special vocabulary and phrases.

Design/methodology/approach

To account for this language use, the authors present domain-specific pre-trained word embeddings for the patent domain. The authors train the model on a very large data set of more than 5m patents and evaluate it at the task of patent classification. To this end, the authors propose a deep learning approach based on gated recurrent units for automatic patent classification built on the trained word embeddings.

Findings

Experiments on a standardized evaluation data set show that the approach increases average precision for patent classification by 17 percent compared to state-of-the-art approaches. In this paper, the authors further investigate the model’s strengths and weaknesses. An extensive error analysis reveals that the learned embeddings indeed mirror patent-specific language use. The imbalanced training data and underrepresented classes are the most difficult remaining challenge.

Originality/value

The proposed approach fulfills the need for domain-specific word embeddings for downstream tasks in the patent domain, such as patent classification or patent analysis.

Details

Data Technologies and Applications, vol. 53 no. 1
Type: Research Article
ISSN: 2514-9288

Keywords

Article
Publication date: 23 May 2018

Jiang Wu, Jingxuan Cai, Miao Jin and Ke Dong

Although interdisciplinary research is an increasing trend in scientific funding projects, they are suffering from a lower probability of being funded. The purpose of this paper…

Abstract

Purpose

Although interdisciplinary research is an increasing trend in scientific funding projects, they are suffering from a lower probability of being funded. The purpose of this paper is to analyze the current situation on successful case of funding application and provides suggestions on how libraries can expand services to help scientific funding application.

Design/methodology/approach

This paper utilizes the co-occurrences of disciplinary application codes to construct an interdisciplinary knowledge flow network. Based on 193517 sponsored projects of the National Natural Science Foundation of China, the authors study the interdisciplinary flow of knowledge and investigate the evolution of network structure using social network analysis.

Findings

Results show that the interdisciplinary knowledge flow network is not only a small-world network but also a scale-free network. Two main knowledge flow paths across scientific departments exist, showing the heterogeneity of knowledge distributions across scientific disciplines. The authors also find that if two disciplines in the same scientific department both have a wide influence to other disciplines, they are more prone to link together and create a knowledge chain.

Originality/value

Funding consultation currently has not occupied an advisory role either in library services or in the research team. This paper conducts a co-occurrences network analysis of interdisciplinary knowledge flow in scientific funding projects. Considering the complexity of funding application and the advantage of traditional library services on information collection, integration, and utilization, the authors conclude the possibility and necessity of embedding funding consultation in traditional library services.

Details

Library Hi Tech, vol. 36 no. 3
Type: Research Article
ISSN: 0737-8831

Keywords

Article
Publication date: 1 January 2006

L. Bibby, S. Austin and D. Bouchlaghem

Over recent years there has been a significant drive away from traditional procurement routes where contractors find themselves with an increasing responsibility for the control…

3630

Abstract

Purpose

Over recent years there has been a significant drive away from traditional procurement routes where contractors find themselves with an increasing responsibility for the control of the design – a process they have had little experience in managing. Yet this is an area of significant opportunity for those contractors who can adapt quickly and effectively to the changing construction market. However, many current processes are insufficient to manage today's demanding and fast‐moving projects. This paper aims to address this issue

Design/methodology/approach

The paper reflects on the deployment of a design management training initiative to improve performance in a major UK civil and building design and construction company. It investigates the impact of the training initiative, critical practices and a suite of 25 tools on design management performance across the company. The methodology included a structured questionnaire, design management maturity assessment, semi‐structured interviews and a case study.

Findings

The paper highlights benefits delivered by the initiative as well as the practices and tools crucial to successful design management. A range of implementation barriers that affect the success of design management practices is also highlighted together with strategies used on a design and build project to overcome them.

Originality/value

The paper should be helpful to those involved in design management and the development of tools and practices to improve the performance of companies and project teams.

Details

Engineering, Construction and Architectural Management, vol. 13 no. 1
Type: Research Article
ISSN: 0969-9988

Keywords

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