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Article
Publication date: 9 July 2020

Cizhi Wang, Giulia Flamini, Kai Wang, Rong Pei and Chiyin Chen

The purpose of this paper is to adopt a collective perspective in the study of entrepreneurial decision-making processes and empirically analyse the ways in which social…

Abstract

Purpose

The purpose of this paper is to adopt a collective perspective in the study of entrepreneurial decision-making processes and empirically analyse the ways in which social relationships between family members can shape their collective entrepreneurial decision-making behaviour (ED).

Design/methodology/approach

This paper considers the family social capital (FSC) in inducing overall conformity to the focal family member's decision to exploit an opportunity. In terms of the seminal construct of social capital, the authors propose three FSC dimensions that can be used to induce conformity: structural, relational and cognitive dimensions. Then, the authors design questionnaires to collect data pertaining to the relationships between the family members' ED and the FSC. Finally, the authors collect 152 valid questionnaires from Chinese family firms.

Findings

The data analysis consists of two parts. The first section of this paper analyses conformity by testing the discriminant validity of models. Regression analysis is then used to test the relationship between family members' ED and the FSC. Significant relationships between the cognitive dimension of FSC and the entrepreneur's decision-making are found.

Originality/value

The research contributes towards academic literature concerning both entrepreneurship and social capital. On the one hand, this paper is one of the rare pieces of entrepreneurial research that responds to the call for the study of entrepreneurship from a collective perspective. On the other hand, our study quantitatively tests the impact of FSC at a multidimensional level. It provides conclusions regarding the social influence of other family members and provides insights into social capital by studying entrepreneurship from a social/community perspective.

Details

Management Decision, vol. 59 no. 5
Type: Research Article
ISSN: 0025-1747

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Article
Publication date: 13 April 2015

Britta Boyd, Susanne Royer, Rong Pei and Xiaolei Zhang

Knowledge often is the fundament for strategic competitive advantage. Thus, it is highly relevant to understand better how knowledge is transferred from one generation to…

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1637

Abstract

Purpose

Knowledge often is the fundament for strategic competitive advantage. Thus, it is highly relevant to understand better how knowledge is transferred from one generation to the next in family businesses. The purpose of this paper is to link the competitive advantage realisation in family businesses to the success of transferring strategically valuable knowledge in different business environments to the next generation.

Design/methodology/approach

Building on the contingency model of family business succession (Royer et al., 2008) knowledge transfer in family businesses from different cultures is investigated in this paper. From a resource-oriented and transaction cost inspired perspective two family businesses with a similar industry background from China and Europe are compared regarding knowledge transfer in the context of family firm succession taking into account the respective transaction atmosphere.

Findings

Different successions for two long-lived family firms are illustrated in a systematic fashion: based on the theoretical elements suggested both cases are described to get insights into the usefulness of the theoretical reasoning developed. On the basis of these, the cases are compared with each other and conclusions for both cases are drawn. Implications for theory and practice as well as avenues for future research are sketched.

Originality/value

The focus of the current study is to gain more insight into long-lived family businesses by comparing two cases over a period of more than 200 years with regard to strategically relevant resources as well as the underlying transaction atmospheres. Implications for family firms depending on the resource types and transaction atmosphere are discussed.

Details

Journal of Family Business Management, vol. 5 no. 1
Type: Research Article
ISSN: 2043-6238

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Article
Publication date: 1 February 1991

Lenos Trigeorgis and Eero Kasanen

Managerial practice differs from standard capital budgeting theory in a number of respects. For example, managers often take projects that have negative NPV (e.g., R & D…

Abstract

Managerial practice differs from standard capital budgeting theory in a number of respects. For example, managers often take projects that have negative NPV (e.g., R & D investments) due to their flexibility, synergy strategic positioning etc. Furthermore, managers continue to use accounting‐based measures in capital budgeting even though NPV is widely accepted as the only correct valuation measure. In fact, managers and strategists probably have always attempted to intuitively attach value to a variety of “strategic” and other concerns, even when they couldn't quantify them.

Details

Managerial Finance, vol. 17 no. 2/3
Type: Research Article
ISSN: 0307-4358

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Article
Publication date: 21 November 2016

Yong Wang

Dynamic capabilities are regarded as the bedrock of businesses that survive in a dynamic environment. Building upon the social capital theory, the purpose of this paper is…

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4401

Abstract

Purpose

Dynamic capabilities are regarded as the bedrock of businesses that survive in a dynamic environment. Building upon the social capital theory, the purpose of this paper is to investigate the nexus between dynamic capabilities and social capital in family businesses.

Design/methodology/approach

The study adopted a quantitative approach. As there is no formal business database available in China, the study followed a snowball sampling procedure. In total, 628 useful responses were gathered.

Findings

The study echoes the call of Arregle et al. (2007) for understanding family business’s internal sources of competitiveness and the role of social capital. Results show that the three dimensions of social capital, namely, structural, cognitive, and relational capital, influence dynamic capabilities of family businesses.

Research limitations/implications

The lack of an official business database in China made the conventional representative sample survey used in the West difficult to replicate. Furthermore, empirical data were collected from different regions of China; regional cultures and different levels of economic development across the regions might influence the social capital-dynamic capabilities connection, but these were not examined in the current study.

Originality/value

The study integrates two significant but disconnected research streams, i.e. social capital and dynamic capabilities. Furthermore, the study shows how different dimensions of social capital influence dynamic capabilities. Research findings derived may contribute to the entrepreneurial debate as to why some family businesses can survive in the dynamic environment while others cannot.

Details

Journal of Small Business and Enterprise Development, vol. 23 no. 4
Type: Research Article
ISSN: 1462-6004

Keywords

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Article
Publication date: 1 September 2005

Meng‐Kuang Huang, Chiapyng Lee, Pei‐Lin Wu and Shyh‐Rong Tzan

The effects of thermal fatigue and printed circuit board (PCB) surface finish on the pull strength, failure modes and reliability of chip scale package (CSP) solder joints…

Abstract

Purpose

The effects of thermal fatigue and printed circuit board (PCB) surface finish on the pull strength, failure modes and reliability of chip scale package (CSP) solder joints were investigated.

Design/methodology/approach

Mechanical pull test, metallographic examination and electrical measurement were used. Tin lead (Sn‐Pb) and lead free (Sn‐Ag‐Cu) alloys were used with Au/Ni and organic solderability preservative (OSP) surface finishes.

Findings

The experimental results showed that the pull strength of the Sn‐Ag‐Cu/(Au/Ni) solder joint did not change noticeably with an increasing number of thermal cycles. However, the pull strength of the Sn‐Pb/(Au/Ni) solder joints drastically degraded and that of the Sn‐Ag‐Cu/OSP and Sn‐Pb/OSP solder joints slightly decreased during thermal cycling. For both Sn‐Ag‐Cu and Sn‐Pb alloys, the solder joint fracture of as‐soldered samples was the main failure mode when an Au/Ni surface finish was used. For the Sn‐Ag‐Cu/(Au/Ni) and Sn‐Ag‐Cu/OSP solder joints, the proportion of component trace tearing considerably decreased, whereas that of PCB trace tearing considerably increased, during thermal cycling. The Weibull lifetimes of the solder joints were increasingly longer in the order of Sn‐Pb/(Au/Ni), Sn‐Pb/OSP, Sn‐Ag‐Cu/OSP, and Sn‐Ag‐Cu/(Au/Ni).

Research limitations/implications

This was not an exhaustive study and all of the findings are for lead free and tin lead CSP solder joints, which perhaps limits the usefulness of the results elsewhere.

Practical implications

A very useful source of information and impartial advice for engineers planning to conduct a switch from tin lead to lead free technology in their production lines.

Originality/value

This paper fulfils an identified information/resources need and offers practical help to an engineer starting out on an engineering development.

Details

Soldering & Surface Mount Technology, vol. 17 no. 3
Type: Research Article
ISSN: 0954-0911

Keywords

Content available
Article
Publication date: 28 August 2009

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532

Abstract

Details

China Agricultural Economic Review, vol. 1 no. 4
Type: Research Article
ISSN: 1756-137X

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Article
Publication date: 8 May 2009

Jaclyn D. Kropp, Calum G. Turvey, David R. Just, Rong Kong and Pei Guo

This paper aims to clarify the relationship between wealth and trustworthiness with the goal of understanding why micro‐lending institutions grant loans to poor…

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1057

Abstract

Purpose

This paper aims to clarify the relationship between wealth and trustworthiness with the goal of understanding why micro‐lending institutions grant loans to poor individuals countering well‐known models of credit markets and credit rationing, such as those proposed by Stiglitz and Weiss. Micro‐credit markets appear to be based on two conjectures: the poor are trustworthy, and their willingness to pay for credit is relatively high.

Design/methodology/approach

The paper simulates trust‐based lending in an experimental setting to determine whether the conjecture that the poor are trustworthy is plausible. By conducting the experiments in the USA, a wealthy developed country, and China, a developing country where formal micro‐finance institutions have not established a visible presence, it is possible to test the conjecture and draw cross‐cultural comparisons.

Findings

The paper finds that while the absolute level of family income had no significant effect on repayment behavior, US borrowers that perceived themselves as having a family income that was relatively lower than other US households repaid at higher rates. Therefore, evidence was found that trustworthiness might be a function of perceived relative wealth or social status rather than the absolute level of wealth or income.

Research limitations/implications

The research results may be difficult to generalize because of the experimental approach and use of students as participants.

Practical implications

The paper includes implications for the administration of micro‐credit loans in China and other developing nations.

Originality/value

This paper experimentally tests a conjecture which appears to be the foundation of micro‐credit markets.

Details

Agricultural Finance Review, vol. 69 no. 1
Type: Research Article
ISSN: 0002-1466

Keywords

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Article
Publication date: 4 January 2016

Rong-Da Liang

Organic food represents the fastest growing sector in the food market, with outstanding performance in both production and sales. However, existing studies on organic food…

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6087

Abstract

Purpose

Organic food represents the fastest growing sector in the food market, with outstanding performance in both production and sales. However, existing studies on organic food have lacked a strong theoretical foundation. The purpose of this paper is to investigate the relationships among purchase intention and the properties, certification mechanisms, retail channels, and prices of organic food from multiple theoretical perspectives.

Design/methodology/approach

Using a rigorous sampling design, 507 valid questionnaires collected from consumers at four well-known organic food markets, and the hypotheses were tested based on a linear structural equation model.

Findings

The results of the structural equation model analysis showed the following: consumer attitudes toward organic food labeling/certification institutions had a positive impact on the trust in food labeling; channel dependence positively influenced the relational embeddedness in a channel; the effect of the nutritional value of organic food on environmental protection also had a positive impact on attitudes toward organic foods; attitudes toward trust in the organic label, relational embeddedness in a channel, and attitudes toward organic foods had a positive impact on consumer purchase intentions; and in relation to low-price scenarios, consumers required more confidence to purchase higher-priced goods, meaning that the relational embeddedness in a channel exerted more influence on purchase intentions. By contrast, compared to the high-price scenarios, consumers tended to choose lower priced goods based on personal preferences, e.g., making the purchase decision based on trust in the organic label and attitudes toward organic food.

Originality/value

The contributions of this study include the following: the relationships among the variables were investigated comprehensively from multiple theoretical perspectives; and the results can help the government and the organic food industry to understand their respective responsibilities in promoting organic food to reduce the waste of resources, in which the government can provide basic information on organic food, e.g., a certification mechanism and related definitions, while the organic food industry provides specific knowledge about organic foods, e.g., product features.

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Article
Publication date: 2 February 2021

Ali Alperen Bakır, Resul Atik and Sezer Özerinç

This paper aims to provide an overview of the recent findings of the mechanical properties of parts manufactured by fused deposition modeling (FDM). FDM has become a…

Abstract

Purpose

This paper aims to provide an overview of the recent findings of the mechanical properties of parts manufactured by fused deposition modeling (FDM). FDM has become a widely used technique for the manufacturing of thermoplastic parts. The mechanical performance of these parts under service conditions is difficult to predict due to the large number of process parameters involved. The review summarizes the current knowledge about the process-property relationships for FDM-based three-dimensional printing.

Design/methodology/approach

The review first discusses the effect of material selection, including pure thermoplastics and polymer-matrix composites. Second, process parameters such as nozzle temperature, raster orientation and infill ratio are discussed. Mechanisms that these parameters affect the specimen morphology are explained, and the effect of each parameter on the strength of printed parts are systematically presented.

Findings

Mechanical properties of FDM-produced parts strongly depend on process parameters and are usually lower than injection-molded counterparts. There is a need to understand the effect of each parameter and any synergistic effects involved better.

Practical implications

Through the optimization of process parameters, FDM has the potential to produce parts with strength values matching those produced by conventional methods. Further work in the field will make the FDM process more suitable for the manufacturing of load-bearing components.

Originality/value

This paper presents a critical assessment of the current knowledge about the mechanical properties of FDM-produced parts and suggests future research directions.

Details

Rapid Prototyping Journal, vol. 27 no. 3
Type: Research Article
ISSN: 1355-2546

Keywords

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Article
Publication date: 27 September 2021

Michele Ciotti, Giampaolo Campana and Mattia Mele

This paper aims to present a survey concerning the accuracy of thermoplastic polymeric parts fabricated by additive manufacturing (AM). Based on the scientific literature…

Abstract

Purpose

This paper aims to present a survey concerning the accuracy of thermoplastic polymeric parts fabricated by additive manufacturing (AM). Based on the scientific literature, the aim is to provide an updated map of trends and gaps in this relevant research field. Several technologies and investigation methods are examined, thus giving an overview and analysis of the growing body of research.

Design/methodology/approach

Permutations of keywords, which concern materials, technologies and the accuracy of thermoplastic polymeric parts fabricated by AM, are used for a systematic search in peer-review databases. The selected articles are screened and ranked to identify those that are more relevant. A bibliometric analysis is performed based on investigated materials and applied technologies of published papers. Finally, each paper is categorised and discussed by considering the implemented research methods.

Findings

The interest in the accuracy of additively manufactured thermoplastics is increasing. The principal sources of inaccuracies are those shrinkages occurring during part solidification. The analysis of the research methods shows a predominance of empirical approaches. Due to the experimental context, those achievements have consequently limited applicability. Analytical and numerical models, which generally require huge computational costs when applied to complex products, are also numerous and are investigated in detail. Several articles deal with artificial intelligence tools and are gaining more and more attention.

Originality/value

The cross-technology survey on the accuracy issue highlights the common critical aspects of thermoplastics transformed by AM. An updated map of the recent research literature is achieved. The analysis shows the advantages and limitations of different research methods in this field, providing an overview of research trends and gaps.

Details

Rapid Prototyping Journal, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1355-2546

Keywords

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