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1 – 10 of 13
Article
Publication date: 2 December 2019

Ana Brochado, Mike Troilo, Helena Rodrigues and Fernando Oliveira-Brochado

The purpose of this study sought to identify the main themes linked with wine hotel experiences, based on tourists’ narratives shared online, and to investigate whether these…

Abstract

Purpose

The purpose of this study sought to identify the main themes linked with wine hotel experiences, based on tourists’ narratives shared online, and to investigate whether these narratives vary according to traveler type.

Design/methodology/approach

Content analysis was carried out on 4,114 online reviews of 52 wine hotels located in 27 wine regions across 11 nations in both the Old and New World.

Findings

The analysis of these web reviews revealed that narratives can be grouped under 11 themes organized into 7 main dimensions as follows: wine, lodging (i.e. hotel, area and room), food service (i.e. restaurant and breakfast), scenery (i.e. views and vineyards), staff, transportation and recommendation. The main narratives vary according to traveler type.

Practical implications

Improving the present understanding of wine tourists’ experiences should help wine hotel managers find new approaches to enhancing visitors’ satisfaction. As the dimensions of wine tourism experiences shared online vary according to traveler type, wine managers can design their offer to target families, couples, friends, solo and corporate clients.

Originality/value

Prior research has identified the need for market segmentation in the wine tourism industry. This research addresses this need by specifying the wine tourism experience according to traveler type. The breadth of the data, and the method of using travelers’ own testimony as opposed to more common surveying are additional contributions for both academics and managers.

Article
Publication date: 3 June 2021

Ana Brochado and Michael Louis Troilo

The purpose of this paper is to identify the main insights current literature offers regarding initial coin offerings (ICOs) and the avenues for future research.

Abstract

Purpose

The purpose of this paper is to identify the main insights current literature offers regarding initial coin offerings (ICOs) and the avenues for future research.

Design/methodology/approach

The approach consists of a systematic literature review of 130 papers from the SCOPUS database published in English between January 2018 and December 2020, with supplemental semantic analysis of the abstracts to obtain key themes and concepts.

Findings

Regulation and the determinants of ICO success are the main themes for current research and represent fruitful areas of continued scholarship. The research agenda in ICOs is just beginning and several topics and questions merit future inquiry: the behaviour of issuers and investors, the importance of human capital, the role of intermediaries and infomediaries and the use of signalling.

Originality/value

To the knowledge, this is one of the first systematic studies of current literature in ICOs. It provides a roadmap for future work on a phenomenon that will only grow in significance.

Details

Digital Policy, Regulation and Governance, vol. 23 no. 2
Type: Research Article
ISSN: 2398-5038

Keywords

Article
Publication date: 7 April 2015

Adrien Bouchet, Mike Troilo and William Spaniel

The purpose of this paper is to explore the question: how does socially responsible buying/sourcing applies to human talent? The authors examine this question in the unique…

Abstract

Purpose

The purpose of this paper is to explore the question: how does socially responsible buying/sourcing applies to human talent? The authors examine this question in the unique context of Major League Baseball’s (MLB) relationship with the “buscones” (agents) representing prospects from the Dominican Republic.

Design/methodology/approach

Using game theory, the authors model how MLB teams create rules to curb unethical behavior within the supply chain. The principal relationship the authors will model is that of the franchises and the prospects. This relationship has as its core an investment decision by the individual franchises: should they incur costs to ameliorate the context in which the prospects find themselves, or not? The costs of investment, whether it is in academies, general education, a revision of recruiting policies or something else, must be weighed against the negative externalities that are likely to result if the exploitation of the DR recruits becomes common knowledge to other stakeholders, particularly the public.

Findings

The model shows that when investments are roughly evenly distributed, the teams successfully vote to outlaw unethical behaviors and thus collectively avoid the negative externalities. However, when investments are asymmetric, the teams invested in the current system vote against a ban to maintain a competitive edge, even though the system imposes costs on all of those involved.

Originality/value

This paper serves as the initial paper that examines international sourcing, social responsibility and baseball. As international sport clubs/franchises continue to source athletic talent from around the globe, the issues discussed in the paper are both original and pertinent.

Details

Corporate Governance, vol. 15 no. 2
Type: Research Article
ISSN: 1472-0701

Keywords

Article
Publication date: 31 August 2010

Michael Troilo and Zhu Sun

Despite the global economic slowdown, China's economy continues to grow at astonishing rates. This has led some observers to conclude that China must lead the rest of world out of…

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Abstract

Purpose

Despite the global economic slowdown, China's economy continues to grow at astonishing rates. This has led some observers to conclude that China must lead the rest of world out of the doldrums, and that China's rise to become the pre‐eminent economy is imminent. The purpose of this paper is to offer a countervailing view. China's rise, while impressive, masks some serious deficiencies in its economic structure. In particular, its growth is largely input driven, and this will constrain the rate of future growth.

Design/methodology/approach

Statistics were gathered from a number of sources to make the case that China will face limited growth in the near future. A scenario analysis was performed to model possible outcomes for China vis‐à‐vis the US economy.

Findings

In the most realistic scenario, China will close the gap with the USA from its current position of 61.5 percent of the US economy, as measured by 2009 purchasing power parity gross domestic product figures to nearly 88 percent by the year 2020. This will taper to 78 percent by the year 2050.

Practical implications

This viewpoint paper serves as reminder to academics and practitioners alike that most of the media accounts of China's growth are overly rosy, because these accounts do not consider the real difference between inputs and efficiency in total factor productivity (TFP). Just as it was once fashionable to believe that the Soviet Union and Japan would overtake the USA, or in the “Asian Miracle”, so now China is the latest economy to be offered as a model to emulate.

Originality/value

The paper builds on previous scholarship about TFP to question the sustainability of China's economic trajectory in an original way. It adds value by questioning received wisdom about China's economy and its seemingly inevitable rise to become the largest in the world.

Details

Chinese Management Studies, vol. 4 no. 3
Type: Research Article
ISSN: 1750-614X

Keywords

Article
Publication date: 1 April 2014

Michael Louis Troilo

The purpose of this paper is to examine the role that collaborations, both foreign and domestic, play on product innovation, sales mix, and sales revenue for Chinese firms. Both…

1350

Abstract

Purpose

The purpose of this paper is to examine the role that collaborations, both foreign and domestic, play on product innovation, sales mix, and sales revenue for Chinese firms. Both statistical correlations and marginal (economic) effects of collaborations feature in the analysis.

Design/methodology/approach

This study includes 2,700 Chinese firms across 15 industry sectors and 25 cities from a World Bank survey conducted in 2012; the data are stratified by firm size. Given the different types of dependent variables to be estimated, several methodologies are employed: logistic regression, Poisson regression, and ordinary least squares. The marginal effects of key variables are then calculated to demonstrate their economic impact.

Findings

Regarding the likelihood of product innovation, collaboration with domestic (Chinese) companies is significant for Chinese micro, medium, and large enterprises. Being a foreign subsidiary is significant for the proportion of new products in the sales mix for small, medium, and large firms. Domestic collaboration can boost the sales of innovating small firms and innovating medium companies by nearly 113 and 140 percent, respectively.

Originality/value

This study builds on the current literature by examining the impact of foreign vs domestic collaboration on Chinese firms, whereas most research examines foreign players only. It offers a more nuanced analysis by stratifying estimates according to firm size, and it goes beyond statistical significance to quantify the real economic effect of collaborations on Chinese companies.

Details

Journal of Technology Management in China, vol. 9 no. 1
Type: Research Article
ISSN: 1746-8779

Keywords

Article
Publication date: 20 July 2015

J. Markham Collins and Michael L. Troilo

The purpose of this article is to investigate how national-level characteristics such as country wealth, a floating exchange rate and European Union (EU) membership influence…

1005

Abstract

Purpose

The purpose of this article is to investigate how national-level characteristics such as country wealth, a floating exchange rate and European Union (EU) membership influence firm-level perceptions of competition and firm-level innovation. Greater understanding of these relationships can promote more effective policymaking as well as add to the existing academic conversation regarding national factors and firm competitiveness.

Design/methodology/approach

The authors’ data consist of a panel of 27 countries in Central and Eastern Europe and Central Asia from 2002 to 2009 with a total of nearly 27,000 firms from the World Bank Enterprise Survey. The authors utilize a multinomial logistic regression to estimate firm-level perceptions of both domestic and foreign competition upon decisions to introduce new products and manage new product costs. The authors then estimate the probability of innovation (introduction of a new product/service, obtaining international quality certification) using a logistic regression. The marginal effects of the key explanatory variables for country wealth, floating exchange rate and EU membership are calculated.

Findings

While EU membership heightens perceptions of competition, firms in the EU are less likely to introduce new products or services. On the other hand, a firm in an EU member country is more likely to obtain international quality certification than one that is not. Both country wealth and a floating exchange correlate with enhanced perceptions of competition and innovation as expected.

Originality/value

The first finding regarding heightened perceptions of competition yet lower likelihood of introduction of new products/services among EU firms is surprising. Beyond adding to the empirical store of knowledge regarding the relationship of national factors to firm competitiveness, it suggests that more needs to be done with regard to innovation policy. The authors offer a general recommendation to employ more public–private partnerships for innovation among small and medium enterprises, as this has been effective in other parts of the world.

Details

Competitiveness Review, vol. 25 no. 4
Type: Research Article
ISSN: 1059-5422

Keywords

Article
Publication date: 28 September 2010

Katherine Terrell and Michael Troilo

The purpose of this paper is to research the extent to which different types of values influence a woman's decision to become an entrepreneur.

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Abstract

Purpose

The purpose of this paper is to research the extent to which different types of values influence a woman's decision to become an entrepreneur.

Design/methodology/approach

The paper constructs a two‐stage model to capture the entrepreneurial decision. In the first stage, life values affect the decision to enter the workforce. In the second stage, work values impact the type of employment sought: entrepreneur vs employee.

Findings

It is found that women whose life value is that “men should have scarce jobs before women” are less likely to participate in the labor force and hence less likely to become an entrepreneur; work values of initiative, achievement, and respect are positively correlated with entrepreneurship.

Research limitations/implications

The definition of entrepreneurship is limited to those who are self‐employed.

Practical implications

The findings have important policy implications. If policy makers wish to spur the rate of entrepreneurship among women to make it approach or reach the same rate as men's, raising young women's awareness that they need not hold themselves secondary to men in the job market and instilling in them work values of achievement, initiative, and respect are important.

Social implications

If policymakers address values that impede women's economic participation, they have the potential to assist both women's social status as well as their economic well‐being.

Originality/value

The contribution and originality of the work is the synthesis of labor economics and entrepreneurship scholarship in the two‐stage model of how values influence a woman's decision to become an entrepreneur.

Details

International Journal of Gender and Entrepreneurship, vol. 2 no. 3
Type: Research Article
ISSN: 1756-6266

Keywords

Article
Publication date: 13 April 2015

Masato Abe, Michael Troilo and Orgil Batsaikhan

The purpose of this paper is to propose policy suggestions for the financing of small and medium enterprises (SMEs) in the Asia-Pacific region. Recent literature suggests that…

5548

Abstract

Purpose

The purpose of this paper is to propose policy suggestions for the financing of small and medium enterprises (SMEs) in the Asia-Pacific region. Recent literature suggests that lack of capital is the most severe constraint for SME survival and growth. Enabling policymakers to assist SMEs in their search for financing will boost economic growth.

Design/methodology/approach

The methodology includes both quantitative and qualitative components. Current World Bank data on the strength of various financial institutions in the countries of interest is analyzed to discover areas of improvement. Additionally, 32 experts from East and South Asia were interviewed several times to determine areas of concern in financing SMEs. Their responses and the evidence from the World Bank data form the basis of the policy prescriptions in the paper.

Findings

Financing is a critical constraint for SMEs for several reasons. Many SME owners do not manage working capital effectively, information asymmetry between banks and SMEs retards the loan application and approval process, and underdeveloped equity markets deny SMEs future growth opportunities. Policymakers can ameliorate conditions by serving as facilitators and communicators; governments should not provide financing directly if possible.

Practical implications

It is hoped and expected that the policy prescriptions offered herein will enhance the growth and survival prospects of SMES, thereby creating more employment, innovation, and economic growth.

Originality/value

The main contribution of this work is its scope. While the financing of SMEs is a familiar topic, the review of issues and policies in East and South Asia, and their distillation into practical advice for officialdom, is what makes this manuscript unique.

Details

Journal of Entrepreneurship and Public Policy, vol. 4 no. 1
Type: Research Article
ISSN: 2045-2101

Keywords

Article
Publication date: 1 June 2020

Mohammadreza Akbari and Robert McClelland

The purpose of this research is to provide a systematic insight into corporate social responsibility (CSR) and corporate citizenship (CC) in supply chain development, by analyzing…

2856

Abstract

Purpose

The purpose of this research is to provide a systematic insight into corporate social responsibility (CSR) and corporate citizenship (CC) in supply chain development, by analyzing the current literature, contemporary concepts, data and gaps for future discipline research.

Design/methodology/approach

This research identifies information from existing academic journals and investigates research designs and methods, data analysis techniques, industry involvement and geographic locations. Information regarding university affiliation, publishers, authors, year of publication is also documented. A collection of online databases from 2001 to 2018 were explored, using the keywords “corporate social responsibility”, “corporate citizenship” and “supply chain” in their title and abstract, to deliver an inclusive listing of journal articles in this discipline area. Based on this approach, a total of 164 articles were found, and information on a chain of variables was collected.

Findings

There has been visible growth in published articles over the last 18 years regarding supply chain sustainability, CSR and CC. Analysis of the data collected shows that only five literature reviews have been published in this area. Further, key findings include 41% of publications were narrowly focused on four sectors of industry, leaving gaps in the research. 85% centered on the survey and conceptual model, leaving an additional gap for future research. Finally, developing and developed nation status should be delineated, researched and analyzed based on further segmentation of the industry by region.

Research limitations/implications

This research is limited to reviewing only academic and professional articles available from Emerald, Elsevier, Wiley, Sage, Taylor and Francis, Springer, Scopus, JSTOR and EBSCO containing the words “corporate social responsibility”, “corporate citizenship” and “supply chain” in the title and abstract.

Originality/value

This assessment provides an enhanced appreciation of the current practices of current research and offers further directions within the CSR and CC in supply chain sustainable development.

Details

Benchmarking: An International Journal, vol. 27 no. 6
Type: Research Article
ISSN: 1463-5771

Keywords

Content available
Article
Publication date: 26 October 2012

345

Abstract

Details

International Marketing Review, vol. 29 no. 6
Type: Research Article
ISSN: 0265-1335

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