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This paper aims to review the existing body of knowledge on high-performance work systems (HPWS) with a special focus on the recent developments that strengthen its prevalence. Considering the current business ecosystem, the author proposes two more characteristics of HPWS which will add value to the literature. It also aims to propose several gaps in the literature considering the role of HPWS in the organization.

This paper uses a systematic literature review methodology to strengthen the concept, its connection with people and organization, theoretical underpinnings and intervening mechanisms that have not received much attention. The information collected from various studies was analyzed thematically and synthesized to assess the existing body of literature. For a better understanding of HPWS, the review is organized under the following subthemes: definition and meaning, conceptualization, technology infusion, relationship with people and organization, theories commonly used and positives and negative consequences of HPWS.

This study identifies and describes key characteristics of HPWS such as system, synergistic effect, performance and proposes two new characteristics – agility and adoption of technology. Further findings of this study indicate that HPWS has both positive and negative influences on employee outcomes. The positive outcome helps in the development of human capital that provides a competitive advantage to the organization. The study also underlines some negative influences of HPWS on employee behavior due to the misalignment of HR practices. Scope for further research is also provided for future researchers.

The paper adds the recent developments in the area of HPWS literature and proposes research directions for future researchers.

Relative risk ratings measure the degree by which a country’s sovereign rating is better or worse than other countries (Basu et al., 2013). However, the literature on the impacts of sovereign ratings on capital flows has not covered the role of relative risk ratings. This paper aims to examine the effect of relative risk ratings on private capital flows to emerging and frontier market economies is filled. In the analysis, the effect of relative risk ratings to that of absolute sovereign ratings in influencing private capital flows are compared.

This paper examines the influence of sovereign credit ratings and relative risk ratings on private capital flows to 26 emerging and frontier market economies using quarterly data for a 20-year period between 1998 and 2017. A dynamic panel regression model is used to estimate the relationship between ratings and capital flows after controlling for other factors that can influence capital flows such as growth and interest rate differentials and global risk conditions.

The analysis finds that while absolute sovereign credit ratings were an important determinant of net capital inflows prior to the global financial crisis in 2008, the influence of relative risk ratings increased in the post-crisis period. The post-crisis effect of relative ratings appears to be driven mostly by portfolio flows. The main results are robust to an alternate measure of capital flows (gross capital flows instead of net capital flows), to the use of fixed gross domestic product weights in calculating relative risk ratings and to the potential endogeneity of absolute and relative ratings.

This study advances the literature on being the first attempt to understand the impact of relative risk ratings on capital flows and also comparing the impact of absolute sovereign ratings and relative risk ratings on capital flows in the pre- and post-global financial crisis periods. The findings imply that emerging and frontier markets need to pay greater attention to their relative economic performance and not just their sovereign ratings.

The purpose of this paper is to examine the impact of transaction costs on economic welfare and development, and the role of information technology (IT) in reducing transaction costs.

The paper extends the static model of Romer, in which transaction costs reduce welfare by reducing the equilibrium number of intermediate goods, and estimate the welfare losses in the case of domestic transaction costs. The main analysis of the paper extends a dynamic model of Ciccone and Matsuyama to incorporate transaction costs. Also described are case studies of the use of IT in rural India.

In the static model, it is shown that domestic transaction costs have a substantial welfare impact when the number of goods is endogenous. In the dynamic model, it is shown that high transaction costs reduce the long‐run level of development, and may arrest development completely in the extreme case. Some preliminary, qualitative evidence from rural India is offered to illustrate how these reductions may occur through the use of IT.

The treatment of transaction costs in a dynamic model is novel, and the use of such a model provides a new theoretical underpinning for understanding the potential impacts of IT on development.

With a growing list of available materials and processes, the inherent mechanical and thermophysical properties of three-dimensional (3D) prints are important design targets. This paper aims to study the functionality of binder jet 3D printed objects for thermally activated building construction elements and recyclable formwork for concrete structures.

Binder jet printed sand samples with various material and post-processing parameters (infiltration and baking) are prepared and studied. Using a statistical experiment design, the mechanical (flexural and compressive strength) and thermal (conductivity and specific capacity) characteristics are quantified.

Relative to the unprocessed “green” print samples, post-processing improved the flexural and compressive strength of the samples by factors of 6.9 and 21.6, respectively; the thermal conductivity and specific heat capacity were improved by factors of 7.7 and 1.2, respectively. For the investigated temperature range (20°C–200°C), the “green” prints showed excellent stability while the stability of post-processed samples depended on the infiltrate used. Microscopic images of the microstructures offered evidence to support improvement in the mechanical and thermo-physical characteristics of the 3D printed sand elements.

The literature review concluded that optimal printing parameters and infiltration under vacuum could further improve the mechanical and thermo-physical properties of the binder jet printed elements. However, both these factors were not explored in this research. The statistical experimental design approach provided more flexibility to choose the number of experiments for a fixed amount of time and resources. However, for future work, a more extensive number of experiments and reproducibility testing for each combination of binder-infiltrate is recommended.

3D printing has been identified as a promising opportunity to reduce material usage and improve construction efficiency in the field of architecture and building engineering. The emerging fabrication technologies are further expected to significantly reduce the operational energy of buildings through performance integration, i.e. multi-functional building elements with integrated heat- and mass-transfer capabilities to replace conventional systems.

This study has quantified the impact of infiltration on the mechanical and thermo-physical characteristics of sand-printed elements and, as such, reports reproducible functional performance maps for sand-print applications. The research demonstrates a way to achieve the desired functional characteristics of 3D prints through combinations of material selection and process/post-processing parameters.

The purpose of this study is to examine individuals' decisions to use health and fitness apps by applying the extended technology readiness and acceptance model (TRAM), which combines technology readiness (TR), the technology acceptance model (TAM) and perceived enjoyment (PEN). Moreover, this study explores the differences between users and non-users regarding their intentions to use health and fitness apps.

Data collection (n = 206) was conducted using convenience sampling from four large universities in South Korea. The data were analysed by partial least squares structural equation modelling (PLS-SEM) using SmartPLS 3.0.

The results revealed that positive TR positively affects perceived ease of use (PEOU), perceived usefulness (PU) and PEN, while negative TR had a negative impact only on PEN. Furthermore, the significant relationships between PEOU, PU and PEN were identified. In addition, multigroup analyses indicated that the relationships between positive TR and PEN, between PEN and PEOU, between PEOU and PU, and between PU and behavioural intention were positively stronger for app users.

This study initially applied the TRAM to understand individuals' behavioural intentions to use health and fitness apps. Moreover, this study identified the distinct roles of positive and negative TR affecting individuals' cognition regarding using health and fitness apps. The differences in the psychological processes between app users and non-users offer insights and implications for practitioners.