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1 – 10 of over 1000Le Yan, Wei Li, Jiawen Hou and Shizheng Tan
This study aims to examine new product development (NPD) performance to identify effective knowledge update strategies and assess the impact of environmental uncertainty on these…
Abstract
Purpose
This study aims to examine new product development (NPD) performance to identify effective knowledge update strategies and assess the impact of environmental uncertainty on these dynamics. It aims to understand how different knowledge potentials and organizational routines interact to enhance product outcomes. The specific subsidiary context enriches understanding by identifying challenges and opportunities that are not typically visible in broader organizational studies.
Design/methodology/approach
A survey of 310 business managers was conducted to measure their knowledge potential and organizational routine updating. The hypotheses were tested using hierarchical regression analysis to determine the optimal combinations of knowledge and practice updates for NPD performance.
Findings
Results indicate that both knowledge potential and organizational routine updating significantly enhance subsidiary performance. Specifically, knowledge accumulation paired with routine creation and knowledge difference paired with routine revision optimally boosts product development. Moreover, this study reveals an inverted U-shaped relationship between environmental uncertainty and the effectiveness of these combinations, suggesting a complex interplay that affects NPD performance.
Originality/value
This study enhances understanding of NPD performance by integrating resource concordance theory with empirical analysis of knowledge and organizational strategy adaptations. It underscores the moderating role of environmental uncertainty, offering new theoretical insights into enhancing product development performance. Although the focus on subsidiaries limits broader applicability, it provides valuable insights into the nuanced NPD dynamics in these specific entities, suggesting avenues for future research to expand this study’s findings across different organizational types.
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Karim Hamadache and Julienne Brabet
The purpose of this paper is to enrich empirical studies on institutional entrepreneurship (IE), more specifically those focusing on the role of the IE in building a new field…
Abstract
Purpose
The purpose of this paper is to enrich empirical studies on institutional entrepreneurship (IE), more specifically those focusing on the role of the IE in building a new field (here the orphan drug [OD] field). This research addresses the main paradoxes of IE theories: a deterministic vs free agent point of view; an individual hero vs a collective action approach; and a change vs reproduction perspective.
Design/methodology/approach
A case study of the role of an IE in the building of the OD field in Europe conducted through interviews with the main actors and in-depth documentary research.
Findings
The case highlights the IE resources as products of a dynamic historical process driven by values; the process of building the field as an interaction between framing issues, mobilizing agents and resources, transforming a policy window into a political opportunity. It relativizes the IE role: an indispensable catalyst of collective action that can also reinforce the hegemonic bloc while changing the rules.
Originality/value
The paper highlights the necessity of longitudinal analysis to address the agent/structure paradox.
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This paper provides a quantitative review of the literature on the repercussions of idiosyncratic information on firms’ cost of equity (CoE) capital. In total, I review the…
Abstract
This paper provides a quantitative review of the literature on the repercussions of idiosyncratic information on firms’ cost of equity (CoE) capital. In total, I review the results of 113 unique studies examining the CoE effects of information Quantity, Precision and Asymmetry. My results suggest that the association between firm-specific information and CoE is subject to moderate effects. First, the link between Quantity and CoE is moderated by disclosure types and country-level factors in that firms in comparatively weakly regulated countries tend to enjoy up to four times greater CoE benefits from more expansive disclosure—depending on the type of disclosure—than firms in strongly regulated markets. Second, a negative relationship between Precision and CoE is only significant in studies using non-accrual quality proxies for Precision and risk factor-based (RFB)/valuation model-based (VMB) proxies for CoE. Third, almost all VMB studies confirm the positive association between Asymmetry and CoE, but there is notable variation in the conclusions reached when ex post CoE measurers are used.
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Abstract
Purpose
This study aims to use the new product development (NPD) perspective to understand why traditional leading telecom equipment companies, such as Alcatel-Lucent (ALu), have stagnated but the newcomer Huawei has achieved steady growth.
Design/methodology/approach
This paper takes the form of a comparative case study.
Findings
Three significant differences in NPD process between the companies were discovered: first, although both companies claim that they are market-oriented, Huawei’s NPD projects are customer-driven, and ALu projects are joint considerations of customer demand and technology leadership; second, Huawei uses a design-to-value strategy, and ALu applies a design-for-quality-premium strategy; third, resources are allocated and shared at the corporate level in Huawei and at the business division level in ALu.
Practical implications
This study offers several implications for NPD managers. First, holding a market leader position is more important than being a technology leader. Companies must fundamentally change their mind-sets, restructure NPD models and prioritize and empower marketing and sales departments in the decision-making and management of NPD projects. Second, to maximize customer value, managers must balance cost and quality and avoid overengineering. A quality premium no longer necessarily leads to product competitiveness. Third, to improve the efficiency of NPD performance, companies must build up a mechanism to enable across-boundary resources.
Originality/value
This study highlights a number of key NPD strategy issues. It was conducted in the telecom equipment industry, but NPD managers of other industries will also gain useful insights from the discussion.
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Mahantesh M. Nandeppanavar, T. Srinivasulu and Shanker Bandari
The purpose of this paper is to study the flow, heat and mass transfer of MHD Casson nanofluid due to an inclined stretching sheet using similarity transformation, the governing…
Abstract
Purpose
The purpose of this paper is to study the flow, heat and mass transfer of MHD Casson nanofluid due to an inclined stretching sheet using similarity transformation, the governing PDE’S equations of flow, heat and mass transfer are converted into ODE’S. The resulting non-linear ODE’S are solved numerically using an implicit finite difference method, which is known as Kellor-box method. The effects of various governing parameters on velocity, temperature and concentration are plotted for both Newtonian and non-Newtonian cases. The numerical values of skin friction, Nusselt number and Sherwood number are calculated and tabulated in various tables for different values of physical parameters. It is noticed that the effect of angle of inclination enhances the temperature and concentration profile whereas velocity decreases. The temperature decreases due to the increase in the parametric values of Pr and Gr due to thickening in the boundary layer.
Design/methodology/approach
Numerical method is applied to find the results.
Findings
Flow and heat transfer analysis w.r.t various flow and temperature are analyzed for different values of the physical parameters.
Research limitations/implications
The numerical values of skin friction, Nusselt number and Sherwood number are calculated and tabulated in various tables for different values of physical parameters.
Practical implications
The study of the boundary layer flow, heat and mass transfer is important due to its applications in industries and many manufacturing processes such as aerodynamic extrusion of plastic sheets and cooling of metallic sheets in a cooling bath.
Originality/value
Here in this paper the authors have investigated the MHD boundary layer flow of a Casson nanofluid over an inclined stretching sheet along with the Newtonian nanofluid as a limited.
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Keryn Chalmers, David Hay and Hichem Khlif
In 2001, the US moved to regulate internal control reporting by management and auditors. While some jurisdictions have followed the lead of the US, many others have not. An…
Abstract
In 2001, the US moved to regulate internal control reporting by management and auditors. While some jurisdictions have followed the lead of the US, many others have not. An important question, therefore, is the relevance of internal control to stakeholders. The more specific issue of the benefits of US-style regulation of internal control reporting is also topical. We review studies on the determinants of internal control quality and its economic consequences for stakeholders including investors, creditors, managers, auditors and financial analysts. We extend previous reviews by focusing on US studies published since 2013 as well as all non-US studies investigating IC quality including countries regulating IC disclosure as well as unregulated settings and both developed and developing economies. In doing so, we identify research questions where evidence remains mixed and new directions in which there are research opportunities.
Three main insights arise from our analysis. First, evidence on the economic consequences of internal control quality suggests that the quality of internal control can have a significant effect on decision making by users of financial information. Second, the results of research on the empirical association between ownership structure, certain board characteristics and internal control quality is generally mixed. Empirical evidence concerning the association between audit committee characteristics and internal control quality generally supports a positive and significant association. Finally, while studies in non-US jurisdictions are increasing, opportunities remain to explore the determinants and consequences of internal control in other jurisdictions. Our review provides evidence for policy makers of whether there are benefits from requiring management and auditors to report on internal control over financial reporting.
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Dalia Marciukaityte and Samuel H. Szewczyk
We examine whether discretionary accruals of firms obtaining substantial external financing can be explained by managerial manipulation or managerial overoptimism. Insider trading…
Abstract
We examine whether discretionary accruals of firms obtaining substantial external financing can be explained by managerial manipulation or managerial overoptimism. Insider trading patterns and press releases around equity and debt financing suggest that managers are more optimistic about their firms around debt financing. Consistent with earlier studies, we find that discretionary current accruals peak when firms obtain equity financing. However, we also find that discretionary accruals peak when firms obtain debt financing. Moreover, discretionary accruals are higher for firms that rely on debt rather than on equity financing. The results are robust to controlling for firm characteristics, excluding small and distressed firms, and using alternative measures of discretionary accruals. These findings support the hypothesis that managerial overoptimism distorts financial statements of firms obtaining external financing.
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Le Wang, Hai-Hua Hu, Jie Yan and Maggie Qiuzhu Mei
The purpose of this paper is to explore the antecedents of self-disclosure intention on mobile social applications. This study integrates privacy calculus model and elaboration…
Abstract
Purpose
The purpose of this paper is to explore the antecedents of self-disclosure intention on mobile social applications. This study integrates privacy calculus model and elaboration likelihood theory to reconcile the rational and heuristic views of privacy decision making.
Design/methodology/approach
Using a “random dialing” sampling method, an empirical survey with 913 respondents was conducted. A series of regression models were employed to test the proposed relationships. Robust checks with sub-group analysis were conducted.
Findings
Self-disclosure intention develops along a dual route including the central route and the peripheral route. When the central route predominates, social media users form their attitudes toward self-disclosure based on a rational calculus of the privacy concern and perceived rewards. When the peripheral route predominates, users perform a more heuristic evaluation of relevant informational cues (information about privacy harms, the extent of information asymmetry between users and operators) and contextual cues (flow experience, privacy disclosure of friends). Peripheral cues moderate the relationships between central cues and self-disclosure intention.
Originality/value
This paper extends the Elaboration Likelihood Model by investigating the interaction between the central route and peripheral route. The results provide alternative explanations on the renowned “privacy paradox” phenomenon.
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Le Wang, Yu Gao, Jie Yan and Jianqun Qin
The purpose of this paper is to facilitate understanding of how to convert free players to paid consumers in free-to-play games.
Abstract
Purpose
The purpose of this paper is to facilitate understanding of how to convert free players to paid consumers in free-to-play games.
Design/methodology/approach
Drawing on the consumption value framework and affordance theory, the present study argues that in-game purchase behaviors are determined by multiple consumption values of in-game items. The perceptions of consumption values were influenced by game affordances. The model was tested, using data from an empirical survey with 2,006 free-to-play game players.
Findings
Monetary, enjoyment and social values of in-game items positively predict purchase behaviors in free-to-play games. Game fairness and balance of challenges and skills significantly influence perceived enjoyment value.
Research limitations/implications
The findings of this study provide operable implications to facilitate in-game consumption. The model was tested within the context of free-to-play multiplayer online battle arena (MOBA) games; however, caution is advisable when generalizing the findings to other subgenre of games.
Originality/value
This study extended and thus validated the consumption value framework in the context of free-to-play MOBA games. This study explored the antecedents of consumption values from the perspective of game affordance.
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