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Time series analysis of daily room occupancy rates in 91 hotels in England from January 1992 to December 1994 is used to analyse within‐week occupancy performance in the English hotel industry. Two major temporal patterns are identified: one features a midweek peak and Saturday sub‐peak; the other features a broader weekend peak and midweek trough. Both are represented in the occupancy profiles of most hotels. They are used to define a two‐dimensional daily occupancy performance space. The positioning of hotels within this space is explained in terms of location, market and other characteristics of the hotels, in a stepwise regression analysis. The implications of the findings are discussed in a marketing context.

Purpose – Research on hospital system organization is dated and cross-sectional. We analyze trends in system structure during 2000–2010 to ascertain whether they have become more centralized or decentralized.

Design/Methodology/Approach – We test hypotheses drawn from organization theory and estimate empirical models to study the structural transitions that systems make between different “clusters” defined by the American Hospital Association.

Findings – There is a clear trend toward system fragmentation during most of this period, with a small recent shift to centralization in some systems. Systems decentralize as they increase their members and geographic dispersion. This is particularly true for systems that span multiple states; it is less true for smaller regional systems and local systems that adopt a hub-and-spoke configuration around a teaching hospital.

Research Limitations – Our time series ends in 2010 just as health care reform was implemented. We also rely on a single measure of system centralization.

Research Implications – Systems that appear to be able to centrally coordinate their services are those that operate in local or regional markets. Larger systems that span several states are likely to decentralize or fragment.

Practical Implications – System fragmentation may thwart policy aims pursued in health care reform. The potential of Accountable Care Organizations rests on their ability to coordinate multiple providers via centralized governance. Hospitals systems are likely to be central players in many ACOs, but may lack the necessary coherence to effectively play this governance role.

Originality/Value – Not all hospital systems act in a systemic manner. Those systems that are centralized (and presumably capable of acting in concerted fashion) are in the minority and have declined in prevalence over most of the past decade.

This paper considers efficient venture capital investment duration for different types of entrepreneurial firms so that on exit information asymmetries between the venture capitalist (as seller) and the new owners of the investment are minimized, and capital gains maximized. We hypothesize that a number of factors are likely to affect investment duration, and our empirical tests confirm the statistical significance of some of these variables (stage of firm at first investment, capital available to the venture capital industry, whether the exit was preplanned, and whether the exit was made in response to an unsolicited offer). However, the fit between our theoretical model and the data is stronger in the United States than in Canada, offering evidence in support of the view that institutional factors have distorted investment duration in Canada.

This study attempts to segment the Swiss travel market based on holiday activities. It is based on data of the 2001 travel market in Switzerland. Cluster and discriminant analysis have been employed in order to segment the data and to explain the differences between the clusters. Hereby, five activity‐clusters could be defined, each representing a set of holiday activities most likely to be exercised. The analysis of the five clusters revealed that two demographic profile variables “occupation” and “size of household” did explain the affiliation to a certain cluster. The same could be found for the following travel profile variables: “destination and duration of the trip”, “total number of participants from a household and “type of trip”. Further research will be necessary to find out if the clusters identified really do fulfil the needed criteria for market segments in order to be used by companies in the travel industry.

Entrepreneurship is essential for the growth of both individual firms and overall economies. Through the creativity entrepreneurship fosters, new products, processes, and organizations emerge. Entrepreneurship provides the necessary flexibility and dynamism for responding to new market opportunities and challenges. Accordingly, it is important to understand entrepreneurship – how it takes place, the characteristics of entrepreneurs, the factors that encourage or discourage it, and how it differs across countries. Fortunately, research on entrepreneurship is active across the social sciences. This volume presents a collection of chapters that report on recent studies across a variety of areas, and the material reflects the vibrancy of both this emerging field of study and its subject area – entrepreneurship.

The Banff National Park is the most famous of Canada. The development of the recent years has been considered as to fast and to massive. The author analyses the key factors of success of the park development. He describes the new strategic park policy which takes into account the carrying capacity and the protection of the great nature and landscape.

The purpose of this paper is to describe the development of a risk assessment model to assess the occupational safety and health (OSH) risks presented by different construction approaches, namely traditional and industrialised building system (IBS). The development process applies the concept of argumentation theory, which helps construction designers integrate the management of OSH risk into the design process. In addition, an energy damage model is used as an underpinning framework for developing the model.

Development of the model was achieved through two phases. Phase I involved collection of data on the activities involved in the construction process and their associated OSH risks, derived from five different case studies, field observation and interviews. Knowledge of design aspects that have the potential to impact on OSH was obtained from document analysis. Using the knowledge obtained in phase I, a model was developed in the form of argument trees (Phase II), which represent a reasoning template with regard to options available to designers when they make judgements about aspects of their designs. Inferences from these aspects eventually determined the magnitude of the damaging energies for every activity involved. Finally, the model was validated by panels of experts, and revisions and amendments were made to the model accordingly.

The risk assessment model development revealed that the concept of argumentation theory and energy damage model is suitable to represent design safety risk knowledge and effectively address the designer's role in making decisions in their designs and further illuminate the level of OSH risk their designs pose.

The developed model provides best-practice reasoning support for construction designers, which help them to understand the impact of their designs decisions on worker's safety and health, and thereby assist them to further mitigate the risk to an acceptable level.

This study departs from the existing tool in that the model was developed based upon the combination of argumentation theory and energy damage model. The significance of the model is discussed.

The present study investigated whether questionnaires using explicit midpoints produce different results for different cultural groups. We hypothesized that managers from China, Japan, and Hong Kong (CJH) respond differently to Western management scales than do managers from the US., Germany, and United Kingdom (UGU). We found differences in central tendency (the likelihood of choosing the midpoint in overall variance between these groups). Using scales with even numbered response categories (thus removing the explicit midpoint) decreases the central tendencies of the CJH group and increases the variance in the responses to Western management questionnaire. Results suggested that when survey questionnaires are used in CJH cultures, careful consideration should be given to the choice between scales with even‐numbered response categories and those with odd‐numbered response categories.