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Book part
Publication date: 10 December 2015

Chun Kit Lok

Smart card-based E-payment systems are receiving increasing attention as the number of implementations is witnessed on the rise globally. Understanding of user adoption behavior…

Abstract

Smart card-based E-payment systems are receiving increasing attention as the number of implementations is witnessed on the rise globally. Understanding of user adoption behavior of E-payment systems that employ smart card technology becomes a research area that is of particular value and interest to both IS researchers and professionals. However, research interest focuses mostly on why a smart card-based E-payment system results in a failure or how the system could have grown into a success. This signals the fact that researchers have not had much opportunity to critically review a smart card-based E-payment system that has gained wide support and overcome the hurdle of critical mass adoption. The Octopus in Hong Kong has provided a rare opportunity for investigating smart card-based E-payment system because of its unprecedented success. This research seeks to thoroughly analyze the Octopus from technology adoption behavior perspectives.

Cultural impacts on adoption behavior are one of the key areas that this research posits to investigate. Since the present research is conducted in Hong Kong where a majority of population is Chinese ethnicity and yet is westernized in a number of aspects, assuming that users in Hong Kong are characterized by eastern or western culture is less useful. Explicit cultural characteristics at individual level are tapped into here instead of applying generalization of cultural beliefs to users to more accurately reflect cultural bias. In this vein, the technology acceptance model (TAM) is adapted, extended, and tested for its applicability cross-culturally in Hong Kong on the Octopus. Four cultural dimensions developed by Hofstede are included in this study, namely uncertainty avoidance, masculinity, individualism, and Confucian Dynamism (long-term orientation), to explore their influence on usage behavior through the mediation of perceived usefulness.

TAM is also integrated with the innovation diffusion theory (IDT) to borrow two constructs in relation to innovative characteristics, namely relative advantage and compatibility, in order to enhance the explanatory power of the proposed research model. Besides, the normative accountability of the research model is strengthened by embracing two social influences, namely subjective norm and image. As the last antecedent to perceived usefulness, prior experience serves to bring in the time variation factor to allow level of prior experience to exert both direct and moderating effects on perceived usefulness.

The resulting research model is analyzed by partial least squares (PLS)-based Structural Equation Modeling (SEM) approach. The research findings reveal that all cultural dimensions demonstrate direct effect on perceived usefulness though the influence of uncertainty avoidance is found marginally significant. Other constructs on innovative characteristics and social influences are validated to be significant as hypothesized. Prior experience does indeed significantly moderate the two influences that perceived usefulness receives from relative advantage and compatibility, respectively. The research model has demonstrated convincing explanatory power and so may be employed for further studies in other contexts. In particular, cultural effects play a key role in contributing to the uniqueness of the model, enabling it to be an effective tool to help critically understand increasingly internationalized IS system development and implementation efforts. This research also suggests several practical implications in view of the findings that could better inform managerial decisions for designing, implementing, or promoting smart card-based E-payment system.

Details

E-services Adoption: Processes by Firms in Developing Nations
Type: Book
ISBN: 978-1-78560-709-7

Keywords

Article
Publication date: 21 December 2021

Adel Achi

The purpose of this paper is to evaluate the efficiency of Algerian banks and examine the effects of explanatory factors on their performance.

Abstract

Purpose

The purpose of this paper is to evaluate the efficiency of Algerian banks and examine the effects of explanatory factors on their performance.

Design/methodology/approach

In this paper, a methodology of two-stage network data envelopment analysis (DEA) is used to explore the efficiency of a sample of 13 Algerian banks during the 2013–2017 period. In the first stage, the network DEA is used to assess the overall and stages efficiencies. In the second stage, the partial least squares (PLS) regression is conducted to determine the potential effects of explanatory factors on stages efficiency.

Findings

The main empirical results indicate that Algerian banks need an efficiency improvement in both stages. The overall efficiency of the Algerian banking system improves over the study period. The deposit producing efficiency is positively affected by bank size and bank age. The revenue earning efficiency is negatively associated with bank size and bank age. The domestic banks are more efficient than foreign banks in the deposit producing stage and the foreign banks are more efficient than domestic banks in the revenue earning stage.

Practical implications

The results might be used as guidelines for both managers and policymakers in order to improve banks and banking system performance.

Originality/value

To the best of our knowledge, this study is the first that uses the DEA in investigating the efficiency of Algerian banks by dividing the overall efficiency into deposit producing and revenue earning efficiencies. Unlike most studies that have usually used OLS regression, Tobit regression and bootstrapped truncated regression, this study is the first in the bank efficiency literature that uses PLS regression to investigate the potential effect of explanatory variables on deposit producing and revenue earning efficiencies.

Details

International Journal of Productivity and Performance Management, vol. 72 no. 5
Type: Research Article
ISSN: 1741-0401

Keywords

Article
Publication date: 9 October 2018

Ahmet Usakli and Kemal Gurkan Kucukergin

The purpose of this study is to review the use of partial least squares-structural equation modeling (PLS-SEM) in the field of hospitality and tourism and thereby to assess…

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Abstract

Purpose

The purpose of this study is to review the use of partial least squares-structural equation modeling (PLS-SEM) in the field of hospitality and tourism and thereby to assess whether the PLS-SEM-based papers followed the recommended application guidelines and to investigate whether a comparison of journal types (hospitality vs tourism) and journal qualities (top-tier vs other leading) reveal significant differences in PLS-SEM use.

Design/methodology/approach

A total of 206 PLS-SEM based papers published between 2000 and April 2017 in the 19 SSCI-indexed hospitality and tourism journals were critically analyzed using a wide range of guidelines for the following aspects of PLS-SEM: the rationale of using the method, the data characteristics, the model characteristics, the model assessment and reporting the technical issues.

Findings

The results reveal that some aspects of PLS-SEM are correctly applied by researchers, but there are still some misapplications, especially regarding data characteristics, formative measurement model evaluation and structural model assessment. Furthermore, few significant differences were found on the use of PLS-SEM between the two fields (hospitality and tourism) and between the journal tiers (top-tier and other leading).

Practical implications

To enhance the quality of research in hospitality and tourism, the present study provides recommendations for improving the future use of PLS-SEM.

Originality/value

The present study fills a sizeable gap in hospitality and tourism literature and extends the previous assessments on the use of PLS-SEM by providing a wider perspective on the issue (i.e. includes both hospitality and tourism journals rather than the previous reviews that focus on either tourism or hospitality), using a larger sample size of 206 empirical studies, investigating the issue over a longer time period (from 2000 to April, 2017, including the in-press articles), extending the scope of criteria (guidelines) used in the review and comparing the PLS-SEM use between the two allied fields (hospitality and tourism) and between the journal tiers (top-tier and other leading).

Details

International Journal of Contemporary Hospitality Management, vol. 30 no. 11
Type: Research Article
ISSN: 0959-6119

Keywords

Article
Publication date: 3 September 2020

Weiwei Wu, Zhouzhou Wang, Shuang Ding, Aiping Song and Dejia Zhu

The effects of infiltrant-related factors during post-processing on mechanical performance are fully considered for three-dimensional printing (3DP) technology. The factors…

Abstract

Purpose

The effects of infiltrant-related factors during post-processing on mechanical performance are fully considered for three-dimensional printing (3DP) technology. The factors contain infiltrant type, infiltrating means, infiltrating frequency and time interval of infiltrating.

Design/methodology/approach

A series of printing experiments are conducted and the parts are processed with different conditions by considering the above mentioned four parameters. Then the mechanical performances of the parts are tested from both macroscopic and microscopic papers. In the macroscopic view, the compressive strength of each printed part is measured by the materials testing machine – Instron 3367. In the microscopic view, scanning electron microscope and energy dispersion spectrum are used to obtain microstructure images and element content results. The pore size distributions of the parts are measured further to illustrate that if the particles are bound tightly by infiltrant. Then, partial least square (PLS) is used to conduct the analysis of the influencing factors, which can solve the small-sample problem well. The regression analysis and the influencing degree of each factor are explored further.

Findings

The experimental results show that commercial infiltrant has an outstanding performance than other super glues. The infiltrating action will own higher compressive strength than the brushing action. The higher infiltrating frequency and inconsistent infiltrating time interval will contribute to better mechanical performance. The PLS analysis shows that the most important factor is the infiltrating method. When compare the fitted value with the actual value, it is clear that when the compressive strength is higher, the fitting error will be smaller.

Practical implications

The research will have extensive applicability and practical significance for powder-based additive manufacturing.

Originality/value

The impact of the infiltrating-related post-processing on the performance of 3DP technology is easy to be ignored, which is fully taken into consideration in this paper. Both macroscopic and microscopic methods are conducted to explore, which can better explain the mechanical performance of the parts. Furthermore, as a small-sample method, PLS is used for influencing factors analysis. The variable importance in the projection index can explain the influencing degree of each parameter.

Details

Rapid Prototyping Journal, vol. 26 no. 9
Type: Research Article
ISSN: 1355-2546

Keywords

Article
Publication date: 13 February 2019

Xudong Sun and Ke Zhu

The purpose of this paper is to initiate investigations to develop near infrared (NIR) spectroscopy coupled with spectral dimensionality reduction and multivariate calibration…

Abstract

Purpose

The purpose of this paper is to initiate investigations to develop near infrared (NIR) spectroscopy coupled with spectral dimensionality reduction and multivariate calibration methods to rapidly measure cotton content in blend fabrics.

Design/methodology/approach

In total, 124 and 41 samples were used to calibrate models and assess the performance of the models, respectively. The raw spectra are transformed into wavelet coefficients. Multivariate calibration methods of partial least square (PLS), extreme learning machine (ELM) and least square support vector machine (LS-SVM) were employed to develop the models using 100 wavelet coefficients. Through comparing the performance of PLS, ELM and LS-SVM models with new samples, the optimal model of cotton content was obtained with the LS-SVM model.

Findings

The correlation coefficient of prediction (rp) and root mean square errors of prediction were 0.99 and 4.37 percent, respectively. The results suggest that NIR spectroscopy, combining with the LS-SVM method, has significant potential to quantitatively analyze cotton content in blend fabrics.

Originality/value

It may have commercial and regulatory potential to avoid time-consuming work, costly and laborious chemical analysis for cotton content in blend fabrics.

Details

International Journal of Clothing Science and Technology, vol. 31 no. 3
Type: Research Article
ISSN: 0955-6222

Keywords

Article
Publication date: 1 March 2004

Erkki K. Laitinen

The purpose of the research is to analyse the ability of nonfinancial factors to predict value creation in Finnish technology firms. Nonfinancial factors are defined in terms of a…

Abstract

The purpose of the research is to analyse the ability of nonfinancial factors to predict value creation in Finnish technology firms. Nonfinancial factors are defined in terms of a large set of variables on organizational characteristics, strategy, competitive stance, consistency of performance measurement, management control systems (MCSs), and quality of MCSs. Financial ratios are used as a benchmark. The hypotheses are that, firstly, nonfinancial factors include important information for prediction and, secondly, that they provide incremental information over financial ratios. The nonfinancial variables are drawn from a postal survey carried out in 1999. Financial variables for 1998–2001 are obtained for 40 private firms of the 110 firms responding to the survey. Shareholder value is estimated on the basis of the four‐year financial data for 2001. This value divided by the shareholder book value (estimated‐to‐book value ratio, EBV) as well as its drivers are predicted by past non‐financial and financial data. Partial Least Squares (PLS) method is used to analyse the importance of information in prediction. The results give support to the hypotheses. Moreover, the results show that nonfinancial factors yield important incremental information over financial ratios when predicting value drivers, that is, growth, profitability, and risk. Especially, financial ratios are weak in predicting growth.

Details

Review of Accounting and Finance, vol. 3 no. 3
Type: Research Article
ISSN: 1475-7702

Keywords

Article
Publication date: 31 July 2020

Zainab Akhtar, Jong Weon Lee, Muhammad Attique Khan, Muhammad Sharif, Sajid Ali Khan and Naveed Riaz

In artificial intelligence, the optical character recognition (OCR) is an active research area based on famous applications such as automation and transformation of printed…

Abstract

Purpose

In artificial intelligence, the optical character recognition (OCR) is an active research area based on famous applications such as automation and transformation of printed documents into machine-readable text document. The major purpose of OCR in academia and banks is to achieve a significant performance to save storage space.

Design/methodology/approach

A novel technique is proposed for automated OCR based on multi-properties features fusion and selection. The features are fused using serially formulation and output passed to partial least square (PLS) based selection method. The selection is done based on the entropy fitness function. The final features are classified by an ensemble classifier.

Findings

The presented method was extensively tested on two datasets such as the authors proposed and Chars74k benchmark and achieved an accuracy of 91.2 and 99.9%. Comparing the results with existing techniques, it is found that the proposed method gives improved performance.

Originality/value

The technique presented in this work will help for license plate recognition and text conversion from a printed document to machine-readable.

Details

Journal of Enterprise Information Management, vol. 36 no. 3
Type: Research Article
ISSN: 1741-0398

Keywords

Article
Publication date: 19 April 2011

S.K. Bag, P.P. Srivastav and H.N. Mishra

The purpose of this paper is to develop FT‐NIR technique for determination of moisture content in bael pulp.

Abstract

Purpose

The purpose of this paper is to develop FT‐NIR technique for determination of moisture content in bael pulp.

Design/methodology/approach

Calibration and validation sets were designed for the conception and evaluation of the method adequacy in the range of moisture content 70 to 95 per cent (wb). The prediction models based on partial least squares (PLS) regression, were developed in the near‐infrared region (4,000‐2,500cm‐1). Conventional criteria such as the R2, the root mean square errors of cross validation (RMSECV), root mean square errors of estimation (RMSEE) as well as the number of PLS factors were considered for the selection of three pre‐processing (vector normalization, minimum‐maximum normalization and multiplicative scatter correction) methods.

Findings

The best calibration model was developed with min‐max normalization (MMN) spectral pre‐processing (R2=99.3). The MMN pre‐processing method was found most suitable and the maximum coefficient of determination (R2) value of 0.993 was obtained for the calibration model developed. The developed results indicated that FTNIR spectroscopy could be used for rapid detection of moisture content in bael pulp samples without any sample destruction.

Originality/value

The research in this paper is useful for the quick detection of moisture content of bael fruit pulp during processing.

Details

British Food Journal, vol. 113 no. 4
Type: Research Article
ISSN: 0007-070X

Keywords

Article
Publication date: 7 March 2016

Xudong Sun, Mingxing Zhou and Yize Sun

– The purpose of this paper is to develop near infrared (NIR) techniques coupled with multivariate calibration methods to rapid measure cotton content in blend fabrics.

1000

Abstract

Purpose

The purpose of this paper is to develop near infrared (NIR) techniques coupled with multivariate calibration methods to rapid measure cotton content in blend fabrics.

Design/methodology/approach

In total, 124 and 41 samples were used to calibrate models and assess the performance of the models, respectively. Multivariate calibration methods of partial least square (PLS), extreme learning machine (ELM) and least square support vector machine (LS-SVM) were employed to develop the models. Through comparing the performance of PLS, ELM and LS-SVM models with new samples, the optimal model of cotton content was obtained with LS-SVM model. The correlation coefficient of prediction (r p ) and root mean square errors of prediction were 0.98 and 4.50 percent, respectively.

Findings

The results suggest that NIR technique combining with LS-SVM method has significant potential to quantitatively analyze cotton content in blend fabrics.

Originality/value

It may have commercial and regulatory potential to avoid time consuming work, costly and laborious chemical analysis for cotton content in blend fabrics.

Details

International Journal of Clothing Science and Technology, vol. 28 no. 1
Type: Research Article
ISSN: 0955-6222

Keywords

Article
Publication date: 27 September 2023

Misty Sabol, Joe Hair, Gabriel Cepeda, José L. Roldán and Alain Yee Loong Chong

Expanded awareness and application of recent PLS-SEM reporting practices were again called for by Hair (2022) in his PLS 2022 Keynote Address. This paper aims to analyze and…

Abstract

Purpose

Expanded awareness and application of recent PLS-SEM reporting practices were again called for by Hair (2022) in his PLS 2022 Keynote Address. This paper aims to analyze and extend the application of PLS-SEM in Industrial Management and Data Systems (IMDS) to focus on trends emerging in the more recent 2016–2022 period.

Design/methodology/approach

A review of PLS-SEM applications in information systems studies published in IMDS and MISQ for the period 2012–2022 identifies and comments on a total of 135 articles. Selected emerging advanced analytical PLS-SEM applications are also highlighted to expand awareness of their value in more rigorously evaluating model results.

Findings

There is a continually increasing maturity of the information systems field in applying PLS-SEM, particularly for IMDS authors. Model complexity and improved prediction assessment as well as other advanced analytical options are increasingly identified as reasons for applying PLS-SEM.

Research limitations/implications

Findings demonstrate the continued use and acceptance of PLS-SEM as a useful alternative research methodology within IS. PLS-SEM is the preferred SEM method in many research settings, but particularly when the research objective is prediction to the population, mediation and mediated moderation, formative constructs are specified, constructs must be modeled as higher-order and for competing model comparisons.

Practical implications

This update on PLS-SEM applications and recent methodological developments will help authors to better understand and apply the method, as well as publish their work. Researchers are encouraged to engage in more complete analyses and include enhanced reporting procedures.

Originality/value

Applications of PLS-SEM for prediction, theory testing and confirmation are increasing. Information systems scholars should continue to exercise sound practice by reporting reasons for using PLS-SEM and recognizing its wider applicability for both exploratory and confirmatory research.

Details

Industrial Management & Data Systems, vol. 123 no. 12
Type: Research Article
ISSN: 0263-5577

Keywords

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