Search results

This chapter examines the role of pharmaceutical patents in the on-going support of pharmaceutical innovation. The social value of pharmaceutical innovation and the importance of its sustained growth are explained. The government buy-outs of patents to reduce drug prices for all American consumers while preserving vital drug innovation are proposed.

During an election campaign in Germany international investors were named “locusts” to discredit their behaviour and the effects of their actions. The purpose of this paper is to elaborate the links of this biblical metaphor and the contemporary financial industry, assuming that the common denominator can be seen in risk and the attitudes in dealing with risk. This link, so it is argued here, can be found in the changes of the understanding of risk as developing from punishment over representing evil to a postsocial opportunity to maximise profit in the globalised world of today.

The paper contrasts the origin of a publicly used metaphor about financial industry to describe risk with risk management based on recent research on the financial industry.

Developments of the international financial markets of the past three decades undermine the common understanding of risk and risk management at least from two directions. The methods used in risk management and investment represent a level of abstraction only specialists can deal with. And – more important for the everyday experience – certain forms of investment and risk management have developed in a way which is threatening to many people in companies producing goods or providing services. The development of financial industry into a postsocial reality of its own nevertheless has intense effects on other sectors of economy and society.

The author calls for an ethics of markets.

Research has shown that for young adults, marital attitudes (e.g., desire, importance, and expectation) are associated with relationship quality. However, how this association plays out for young adults of color is less known. Additionally, the influence of skin tone perception on the relationship between marital attitudes and relationship quality remains understudied. To explore these associations, the authors examined African American and Latinx young adults (N = 57, M_age = 20.71 years, SD = 1.28; 75.4% female) attending a Midwestern university. Exploratory results indicated that marital expectations were positively associated with relationship quality in that young adults who expected to marry one day, reported greater relationship satisfaction, commitment, and intimacy in their current relationships. Additionally, skin tone perception moderated the association between marital attitudes and relationship quality in two ways (i.e., between expectations and satisfaction and between importance and intimacy). Collectively, findings suggest that differing levels of marital attitudes and skin tone perception contributes to young adults’ perceptions of relationship quality. Considering these psychological factors of attitudes, skin tone perception, and relationship quality, together with systemic racial/ethnic discrimination, the authors discuss future research and practice considerations.

The aim of this paper is to investigate the purpose of the business school in light of the growing globalization of the business world.

The paper investigates the purpose of the business school, with views from the literature. It also presents views as to the purpose of the business school today.

The paper finds that the purpose of the business school is to create value in the forms of academic, personal and public or social value.

This paper has interesting information as to the purpose and role of business schools in the globalizing modern world.

Professional touching behavior (PTB), defined as intentional touching behavior that occurs between organizational members and that falls within the boundaries of appropriateness and professionalism in the workplace, is prevalent in organizations. Scholars from multiple disciplines, including human resources researchers, have acknowledged the importance of physical contact for facilitating interpersonal communication and relationship-building. However, PTB may not only elicit positive reactions from those who receive it but also negative reactions as well, with implications for social dynamics in organizations. PTB can, on the one hand, fulfill employees’ desires for interpersonal connection; at the same time, such physical contact at work can represent a threat to employees’ health. To explain the nature and implications of these divergent effects of receiving PTB, the authors draw upon sociometer theory and behavioral immune system (BIS) theory to model the emotional, cognitive, and physiological processes via which, and the conditions under which, receiving such behavior will result in socially functional responses and prompt subsequent prosocial behavior, and when PTB will be perceived as a health risk and prompt withdrawal behavior. The theoretical framework of this chapter expands our conceptual understanding of the consequences of interpersonal physical contact at work and has important human resources management (HRM) implications for organizational managers.