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Article
Publication date: 1 March 2022

Narges Oraee

The purpose of this paper is to identify and design a paradigm model for universities' information acquisition behavior in competitive intelligence process.

Abstract

Purpose

The purpose of this paper is to identify and design a paradigm model for universities' information acquisition behavior in competitive intelligence process.

Design/methodology/approach

The sampling has been conducted in two stages. First, purposive sampling has been done among Iranian universities of medical sciences. Second, 20 university staff members were selected using the snowball method. The research was conducted through semi-structured interviews.

Findings

The purpose of acquiring information in competitive intelligence process is to meet organizational and individual information needs in active and passive ways. The characteristics of information acquisition and how to acquire it are varied. Enablers include the information sources, individual, organizational characteristics and environmental pressures. Barriers are individual, organizational, environmental factors. The consequences of information acquisition are success, failure and partial success. Accordingly, a paradigm model of information behavior has been designed.

Originality/value

This is the first study to identify information behavior of universities in competitive intelligence process. In addition to why and how to acquire information, this study also looks at facilitators and barriers factors.

Article
Publication date: 18 February 2020

Sanda Erdelez and Stephann Makri

In order to understand the totality, diversity and richness of human information behavior, increasing research attention has been paid to examining serendipity in the context of…

1643

Abstract

Purpose

In order to understand the totality, diversity and richness of human information behavior, increasing research attention has been paid to examining serendipity in the context of information acquisition. However, several issues have arisen as this research subfield has tried to find its feet; we have used different, inconsistent terminology to define this phenomenon (e.g. information encountering, accidental information discovery, incidental information acquisition), the scope of the phenomenon has not been clearly defined and its nature was not fully understood or fleshed-out.

Design/methodology/approach

In this paper, information encountering (IE) was proposed as the preferred term for serendipity in the context of information acquisition.

Findings

A reconceptualized definition and scope of IE was presented, a temporal model of IE and a refined model of IE that integrates the IE process with contextual factors and extends previous models of IE to include additional information acquisition activities pre- and postencounter.

Originality/value

By providing a more precise definition, clearer scope and richer theoretical description of the nature of IE, there was hope to make the phenomenon of serendipity in the context of information acquisition more accessible, encouraging future research consistency and thereby promoting deeper, more unified theoretical development.

Details

Journal of Documentation, vol. 76 no. 3
Type: Research Article
ISSN: 0022-0418

Keywords

Book part
Publication date: 1 January 2005

Lan Xia and Kent B. Monroe

Abstract

Details

Review of Marketing Research
Type: Book
ISBN: 978-0-85724-723-0

Book part
Publication date: 24 August 2023

Olimpia Meglio, David R. King and Elio Shijaku

Acquisitions are complex and ambiguous events fraught with information asymmetries emphasizing market failure before an acquisition or organizational failure during integration…

Abstract

Acquisitions are complex and ambiguous events fraught with information asymmetries emphasizing market failure before an acquisition or organizational failure during integration. While often treated in isolation, market and organization failure are intertwined in acquisitions as integration planning starts before a deal is closed. Effective integration begins with a deep understanding of the target to be able to share assets and knowledge. However, acquiring firms currently have limited solutions to address information asymmetries. Most remedies primarily aim at market failure using due diligence and external advisors, leaving information asymmetry due to organizational failure primarily unattended. The authors develop a typology that leverages informal and formal social ties to address information asymmetries across the acquisition process that jointly considers market and organizational failure. The typology of this study combines existing research to develop how social ties with stakeholders influence acquisitions and can increase their success.

Details

Advances in Mergers and Acquisitions
Type: Book
ISBN: 978-1-83753-861-4

Keywords

Article
Publication date: 3 May 2016

Debora Di Caprio, Francisco J. Santos-Arteaga and Madjid Tavana

The purpose of this paper is to study the optimal sequential information acquisition process of a rational decision maker (DM) when allowed to acquire n pieces of information from…

Abstract

Purpose

The purpose of this paper is to study the optimal sequential information acquisition process of a rational decision maker (DM) when allowed to acquire n pieces of information from a set of bi-dimensional products whose characteristics vary in a continuum set.

Design/methodology/approach

The authors incorporate a heuristic mechanism that makes the n-observation scenario faced by a DM tractable. This heuristic allows the DM to assimilate substantial amounts of information and define an acquisition strategy within a coherent analytical framework. Numerical simulations are introduced to illustrate the main results obtained.

Findings

The information acquisition behavior modeled in this paper corresponds to that of a perfectly rational DM, i.e. endowed with complete and transitive preferences, whose objective is to choose optimally among the products available subject to a heuristic assimilation constraint. The current paper opens the way for additional research on heuristic information acquisition and choice processes when considered from a satisficing perspective that accounts for cognitive limits in the information processing capacities of DMs.

Originality/value

The proposed information acquisition algorithm does not allow for the use of standard dynamic programming techniques. That is, after each observation is gathered, a rational DM must modify his information acquisition strategy and recalculate his or her expected payoffs in terms of the observations already acquired and the information still to be gathered.

Details

Benchmarking: An International Journal, vol. 23 no. 4
Type: Research Article
ISSN: 1463-5771

Keywords

Article
Publication date: 1 April 1999

Anne L. Souchon and Adamantios Diamantopoulos

Export information acquisition has mostly been examined disparately as researchers have tended to focus on certain modes of information acquisition independently of others…

2112

Abstract

Export information acquisition has mostly been examined disparately as researchers have tended to focus on certain modes of information acquisition independently of others. Furthermore, past studies have typically employed single‐item measures to operationalize information acquisition. The present study attempts to redress these deficiencies by considering a comprehensive set of export information acquisition modes and by developing psychometrically sound measures for each. The results show the adequacy of considering three broad export information acquisition modes (export marketing research, export assistance, and export market intelligence), each of which is operationalized by means of a multi‐item scale. The latter are shown to be reliable and to possess content, convergent, discriminant, and nomological validity.

Details

International Marketing Review, vol. 16 no. 2
Type: Research Article
ISSN: 0265-1335

Keywords

Article
Publication date: 10 May 2018

Lars Hendrik Achterberg, Maktoba Omar, Ambisisis Ambituuni and Oliver Roll

The purpose of this paper is to analyse the external antecedents of pricing information acquisition in an integrative manner. The study develops understanding of determinants of…

Abstract

Purpose

The purpose of this paper is to analyse the external antecedents of pricing information acquisition in an integrative manner. The study develops understanding of determinants of information acquisition as a crucial prerequisite of successful pricing strategies within German small and medium enterprises (SMEs).

Design/methodology/approach

A large scale survey of sampled 2,542 SMEs was conducted. A total of 220 questionnaires were completed, reflecting a response rate of 9 per cent. This was acceptable considering the sensitivity of pricing issues. A final sample of 173 usable questionnaires were obtained.

Findings

The result indicates that external antecedents of pricing information acquisition practices have a positive impact on SME pricing performance, and pricing performance is positively related to firm performance.

Practical implications

The study indicates that external antecedents of pricing information acquisition are strategic pricing capabilities, which should receive attention by SME managers.

Originality/value

This study bridges significant obstacle to knowledge generation and theory development of the important issues of pricing information acquisition in SMEs.

Details

Journal of Small Business and Enterprise Development, vol. 25 no. 6
Type: Research Article
ISSN: 1462-6004

Keywords

Article
Publication date: 21 December 2022

Kaltuma Sama Bonaya

The purpose of this paper is to show how quality information materials are maintained in Kenyan museum libraries by examining collection development policy, skills and processes…

Abstract

Purpose

The purpose of this paper is to show how quality information materials are maintained in Kenyan museum libraries by examining collection development policy, skills and processes used by librarians in acquisition.

Design/methodology/approach

A total of 137 respondents, which included 130 registered library users and seven members of staff, completed the questionnaires. This included the principal librarian, for whom an interview schedule was used to collect the required data. A pilot study to ensure data validity and reliability was carried out at the Kenya Medical Research Institute Library. Statistical Packages for Social Science (SPSS) was used to analyze the research data.

Findings

The findings, which were presented both textually and graphically, show that the National Museum of Kenya library lacks a collection development policy to guide the acquisition process, as well as a diverse set of information resources that are both comprehensive and current to meet the current user information needs. Furthermore, the key impediment to the acquisition of information materials was revealed to be financial constraints, and there was a positive effort to involve library users in the acquisition process.

Research limitations/implications

The study focus on library users and library staff at the National Museums of Kenya (NMK) library in Nairobi, it may not be, therefore, representative of the acquisition processes at all Kenyan museum libraries. Although NMK has other branches across the country, they were not included in this study.

Practical implications

This paper purposes to provide the Kenyan museum library with important information about maintaining quality information materials from the perspectives of librarians and library users. Despite efforts to improve information materials, the management faces financial challenges.

Social implications

The study unveils underlying picture in selection and acquisition practices which will inform on meeting library users information needs.

Originality/value

The paper is of value as a case study of Kenya Museums Library.

Details

Performance Measurement and Metrics, vol. 24 no. 1
Type: Research Article
ISSN: 1467-8047

Keywords

Article
Publication date: 22 September 2017

Muhammad Zubair Tauni, Zia-ur-Rehman Rao, Hongxing Fang, Sultan Sikandar Mirza, Zulfiqar Ali Memon and Khalil Jebran

The purpose of this paper is to investigate the impact of the frequency of information acquisition on the frequency of stock trading. The authors also examined if the Big Five…

2419

Abstract

Purpose

The purpose of this paper is to investigate the impact of the frequency of information acquisition on the frequency of stock trading. The authors also examined if the Big Five personality traits of investor influence the association between information acquisition and stock trading behavior.

Design/methodology/approach

The authors adopted NEO Five-Factor Inventory (Costa and McCrae, 1989) inventory to measure the Big Five personality traits of investors and examined the data collected from 541 individual investors of the Chinese stock market. To overcome the potential endogeneity bias, the authors followed two-stage least square method for estimating endogenous covariate by employing instrumental variable analysis. The authors performed probit regression to evaluate the moderating influence of investor personality traits on the association between information acquisition and stock trading behavior. The authors also performed several other tests to check the robustness of the key findings.

Findings

This research confirmed the previous findings that the more frequently investors acquire information, the more often they trade in stocks. Moreover, the authors added to the existing literature by providing empirical evidence that the Big Five personality traits moderate the relationship of information acquisition with stock trading behavior. Information acquisition tends to increase stock trading frequency in investors with conscientiousness, extraversion and agreeableness traits. On the other hand, it also has the tendency to decrease the intensity of stock trading in investors with openness and neuroticism traits.

Research limitations/implications

The theoretical model in this study seeks to explain that the psychological factor, namely, investor personality, influences the way an investor interprets signals from information which in turn influences the investor decision to trade in securities. This research suggests that psychological characteristics of investors can be of relevance for policy makers in their attempts to improve their business in the financial services industry.

Originality/value

This study combines both information search literature and behavioral finance literature to investigate whether or not the information acquisition that relates to investors’ asset allocation decisions is influenced by investor personality. The study offers new theoretical insights into investors’ behavior due to the characteristics of the Chinese stock market which are uniquely different from other stock markets in the world. No previous study has been conducted so far in the Chinese stock market to explore variations in the impact of investors’ information acquisition on their stock trading by the Big Five personality and this paper strives to fill this research gap.

Details

China Finance Review International, vol. 7 no. 4
Type: Research Article
ISSN: 2044-1398

Keywords

Article
Publication date: 2 May 2017

Wanglin Ma, Chunbo Ma, Ye Su and Zihan Nie

The purpose of this paper is to explore the factors that influence Chinese apple farmers’ willingness to adopt organic farming, paying a special attention to the role of…

Abstract

Purpose

The purpose of this paper is to explore the factors that influence Chinese apple farmers’ willingness to adopt organic farming, paying a special attention to the role of information acquisition.

Design/methodology/approach

Given that the selection bias may occur when farmers themselves decide whether or not to acquire the information to understand the essence of organic farming, this study employs a recursive bivariate probit model to address the issue of the selection bias.

Findings

The empirical results indicate that farmers’ decision to acquire information is positively affected by farmers’ environmental awareness, access to credit and access to information. In particular, information acquisition appears to increase the likelihood of farmers’ willingness to adopt organic farming by 35.9 percentage points on average.

Practical implications

The findings suggest that measures increasing farmers’ information exposure can be promising policy interventions to induce adoption of organic farming.

Originality/value

While considerable evidence indicates that organic farming provides more benefits than conventional production practice, little is known about farmers’ willingness to adopt in China. This paper provides a first attempt by examining the role of information acquisition in determining Chinese apple farmers’ willingness to adopt.

Details

China Agricultural Economic Review, vol. 9 no. 2
Type: Research Article
ISSN: 1756-137X

Keywords

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