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1 – 10 of 11
Article
Publication date: 16 March 2011

Yogendra Shastri, Urmila Diwekar and Sanjay Mehrotra

This work proposes an innovative approach of watershed level mercury trading for sustainable management of mercury pollution. An optimization based decision-making…

Abstract

This work proposes an innovative approach of watershed level mercury trading for sustainable management of mercury pollution. An optimization based decision-making framework has been developed to optimize the selection of mercury treatment technologies by industries in a watershed in the presence of nonlinearity and uncertainty in technology cost models. The impact of the regulation on technology selection by industries, often ignored in existing trading literature, has been quantified. A particularly novel contribution of this framework is the consideration of health care cost as an objective. The application of the framework to the Savannah River watershed case study in US emphasizes the importance of health care cost while evaluating the benefits of trading. Nonlinearity and uncertainty in the cost models is shown to significantly affect technology selection. The ecological perspective of innovation comes from the proposal of using water body liming to mitigate mercury bioaccumulation and concerns of mercury hotspots.

Details

International Journal of Innovation Science, vol. 3 no. 1
Type: Research Article
ISSN: 1757-2223

Article
Publication date: 6 July 2018

Rachel Calipha, David M. Brock, Ahron Rosenfeld and Dov Dvir

The acquisition of knowledge through mergers and acquisition (M&A) may not create value—usually because the knowledge may not be transferred, or transferred but not…

1142

Abstract

Purpose

The acquisition of knowledge through mergers and acquisition (M&A) may not create value—usually because the knowledge may not be transferred, or transferred but not integrated. The purpose of this paper to develop and test a theoretical model of knowledge and performance in the M&A process.

Design/methodology/approach

Theory, model and case analysis.

Findings

The literature review led us to distinguish between three main categories of knowledge along the different stages of the M&A process: acquired knowledge in the pre-merger stage; and transferred knowledge and integrated knowledge in the post-merger stage. The application of the model is illustrated in a case study of technology M&A, which includes data collected from annual reports before and after the merger.

Research limitations/implications

The model recommends acknowledging the differences between the acquired knowledge, transferred knowledge and integrated knowledge when examining the relationship between knowledge and performance in M&As. In addition, the model suggests considering several factors that influence future knowledge integration in the pre-merger stage. Ignoring the three categories and the factors may be the reason for the reports of previous studied stating that the acquisition of knowledge-based resources is associated with negative announcement returns to the acquiring firm.

Originality/value

The paper presents new procedures to measure knowledge, collecting data on R&D employees by using annual reports. In addition, the paper suggests adding “in-process R&D” as an “Acquired Knowledge” measure.

Details

Journal of Strategy and Management, vol. 11 no. 3
Type: Research Article
ISSN: 1755-425X

Keywords

Article
Publication date: 7 March 2016

Sanjay T. Menon

Research from Afghanistan, Bangladesh, Bhutan, Maldives, Nepal, and Sri Lanka has received relatively less attention of management scholars. To date, there has been no…

1005

Abstract

Purpose

Research from Afghanistan, Bangladesh, Bhutan, Maldives, Nepal, and Sri Lanka has received relatively less attention of management scholars. To date, there has been no major review of the content of management research in these rapidly growing economies. The purpose of this paper is to address this gap by reviewing management research in these six countries over a 25-year period from 1990 to 2014.

Design/methodology/approach

An electronic search of 11 databases was carried out using 53 search terms pertaining to the field of management. Only articles in journals rated A*, A, or B by the Australian Business Deans Council and either Q1 or Q2 in the Scopus/Imago ratings were included in the study. The articles were then classified as belonging to one of the divisions of the Academy of Management. Results are presented in thematic clusters, highlighting the major focus of management research in these countries.

Findings

A total of 211 articles were identified as a result of the search process. The highest number of articles (n=54) were classified under the “Public & Non-Profit.” This was the only area common to research in all six countries as represented by the selected articles. The results are reviewed from an ecological and institutional theory perspective which suggests that the various dimensions of the local environment are reflected in the type of management research emerging from these countries. The paper concludes that these countries represent “greenfield sites” in terms of research opportunities for management scholars from all over the world.

Originality/value

This review approach adopted in this paper is unique and represents an attempt to be as inclusive as possible without sacrificing quality. This is the first comprehensive and systematic review of management research in these six countries.

Details

South Asian Journal of Global Business Research, vol. 5 no. 1
Type: Research Article
ISSN: 2045-4457

Keywords

Article
Publication date: 13 November 2018

Nakul Parameswar and Sanjay Dhir

This paper aims to explore dynamics of post termination interaction between international joint venture (IJV) partners and empirically examines IJV level and dyad level…

Abstract

Purpose

This paper aims to explore dynamics of post termination interaction between international joint venture (IJV) partners and empirically examines IJV level and dyad level factors that influence the choice of post IJV termination interaction as supplier, complement or competitor.

Design/methodology/approach

In-depth literature review is undertaken to identify IJV and dyad level that could influence the choice of post termination interaction between terminated IJV partners. Hypotheses are empirically validated using multinomial logistic regression on data collected on terminated IJV headquartered in India.

Findings

The results denote that the choice of post-IJV termination interaction between IJV partners as supplier, complement or competitor is influenced by interdependence, bargaining power, foreign partner’s purpose of IJV, complementarity and type of IJV termination.

Research limitations/implications

This paper explores an under researched area in extant IJV literature that could be taken up for study by academicians. The paper upholds and strengthens the dynamic capabilities view of strategic management in IJV context.

Practical implications

This paper examines a practice adopted by businesses in emerging markets and determines important factors that influence the choice of interaction post IJV termination between partners. Practitioners will be encouraged to understand and plan post termination dynamics with their terminated IJV partner.

Originality/value

The paper undertakes examination of a practical business phenomena, i.e. interaction post termination between terminated IJV partners.

Article
Publication date: 12 August 2019

Sonia Bharwani, David Mathews and Amarpreet Singh Ghura

This study aims to explore the reasons for the rise of independent, stand-alone restaurants and ascertains the benefits of outsourcing food and beverage (F&B) in luxury…

1536

Abstract

Purpose

This study aims to explore the reasons for the rise of independent, stand-alone restaurants and ascertains the benefits of outsourcing food and beverage (F&B) in luxury hotels in India from the perspectives of the strategic partners involved in such an alliance. The study also proposes different formats for F&B outsourcing in luxury hotels.

Design/methodology/approach

An exploratory study was carried out by collecting primary data from 16 Hotel General Managers and F&B operations experts through qualitative, semi-structured, personal and in-depth interviews. NVivo12 software was used to carry out a qualitative thematic analysis of the data. The primary data collected were triangulated with secondary data gathered through literature review of academic papers, industry reports and studies on the trends of restaurants in luxury hotels being outsourced.

Findings

The study focusses on the antecedents of the rise of stand-alone restaurants in the Indian hospitality industry. To combat the competitive disruption arising because of this trend, the study posits the business model innovation of outsourcing F&B operations in luxury hotels.

Practical implications

The benefits of a strategic alliance from the perspective of both parties – the luxury hotel and Michelin-star chef or branded/marquee restaurant – are elucidated. Further, three broad formats, which can be adopted for speciality restaurant outsourcing are also proposed. Practitioners, researchers and educationists in the hospitality industry would find the implications of this study useful in the context of the present customer-centric business environment where hotels are constantly striving to meet the exponentially rising bar of guest expectations in an increasingly globalised milieu.

Originality/value

The study proposes a preliminary road map for internationalisation of F&B operations through the business model innovation of outsourcing operations of in-house specialty restaurants by luxury hotels in the Indian context.

Details

Worldwide Hospitality and Tourism Themes, vol. 11 no. 4
Type: Research Article
ISSN: 1755-4217

Keywords

Article
Publication date: 9 September 2021

Aqueeb Sohail Shaik and Sanjay Dhir

The purpose of this study is to model the strategic thinking process, considering the different psychological traits of TMTs (top management teams) and how the…

Abstract

Purpose

The purpose of this study is to model the strategic thinking process, considering the different psychological traits of TMTs (top management teams) and how the technological dynamism affects the strategies framed together impacting the performance of the firm.

Design/methodology/approach

Modeling and simulation are done in this study using the system dynamics (SD) tool. The data are extracted using social media analytics, and the same is given as an input for the SDmodel, which is used for modeling and simulation of the interdependencies between the psychological factors, technological dynamism and firm performance. The analysis decodes how a change in the thinking process of a TMT has an impact on the performance of the company in an automobile market.

Findings

The study has explained how different psychological traits affect the thinking process of a TMT and how the strategies framed with this thinking behavior have an impact on firm performance.

Research limitations/implications

The study is limited only to the automobile industry in India, and only partial psychological constructs were considered to examine their impact on firm performance. This study can be further extended by analyzing the same to various other industries along with many other psychological constructs.

Practical implications

The findings identify the change in behavior of the performance due to the thinking process and technological dynamism. This helps the top management to take into consideration different factors that affect the strategies framed for the company and what are the threshold points in the system that are to be focused on during the framing of a strategy.

Originality/value

The study fills the unattended gaps in the literature regarding how the psychological traits are interdependent and how their relationship is affecting the thinking process, which is going to have an impact on the behavior of the firm performance. It also adds to the literature of systems thinking.

Details

Journal of Management Development, vol. 40 no. 6
Type: Research Article
ISSN: 0262-1711

Keywords

Article
Publication date: 2 March 2020

Sanjay Bhattacharya, Kirankumar S. Momaya and K. Chandrasekhar Iyer

To suggest a conceptual framework to benchmark enablers of growth and link them to performance metrics, duly supported theoretically with definitions and literature…

Abstract

Purpose

To suggest a conceptual framework to benchmark enablers of growth and link them to performance metrics, duly supported theoretically with definitions and literature review. The sub-objectives of the study are the following:

  1. To identify enablers based on theories and antecedents of growth

  2. To establish key leads on how the identified enablers have been deployed by leading construction companies, basis their stages of growth and economic context

  3. To identify which enablers have higher potential to contribute to competitiveness and growth in an effort to benchmark performance

  4. To establish if the enablers deployed is dependent on the market maturity and economic context

To identify enablers based on theories and antecedents of growth

To establish key leads on how the identified enablers have been deployed by leading construction companies, basis their stages of growth and economic context

To identify which enablers have higher potential to contribute to competitiveness and growth in an effort to benchmark performance

To establish if the enablers deployed is dependent on the market maturity and economic context

Design/methodology/approach

The enabler-mix-based approach is evolved through literature review, inputs from industry practitioners, and subsequent empirical analysis. To explore relationships, the primary methodology suggested is building theory from practice, justified in specific industry and regional economic context. Content analysis has been used for validation of the framework.

Findings

Traditional strategy literature suffers from the limitations in terms of applicability and specific contextual settings. In a rapidly changing and varied environment coupled with the context of emerging countries, there is a need for a benchmarked framework for strategy and growth. The evidence toward utility of the framework has been established through a quick analysis of leading construction companies. Capabilities for “operational and process excellence,” “unique products and services,” and “visionary leadership” emerged to be the higher ranked core growth enablers. However, the deployment of these enablers is dependent on the maturity of the company and its economic context.

Research limitations/implications

This simpler and generic framework analyzes the relative impact on performance, as well as the inter-enabler interaction and substitution effects, in the context of construction companies.

Practical implications

In the context of industries that are volatile in nature (like the construction industry), strategy tools need to be simple and generic towards practical and uncomplicated application for the managers, to achieve positive outcomes.

Originality/value

This paper offers fresh perspectives to benchmarking literature in terms of enablers to deliver growth performance, in the context of construction companies. It attempts to fill the gap in evolving simple strategy tools to ensure sustainable growth performance in industries having nascent research support and less availability of data so far. In the context of industries that are volatile in nature (like the construction industry), strategy tools need to be simple and generic toward practical and uncomplicated application for the managers to achieve positive outcomes.

Details

Benchmarking: An International Journal, vol. 27 no. 4
Type: Research Article
ISSN: 1463-5771

Keywords

Article
Publication date: 1 November 2018

Sanjay Dhir and Amita Mital

This paper aims to explore the trends, distribution and pattern of Indian bilateral cross-border joint venture (CBJV) activity with advanced developed nations (G7 nations…

242

Abstract

Purpose

This paper aims to explore the trends, distribution and pattern of Indian bilateral cross-border joint venture (CBJV) activity with advanced developed nations (G7 nations) which include the USA, the UK, Japan, France, Germany, Italy and Canada over the 2001-2010 period.

Design/methodology/approach

Longitudinal data on the population of 201 CBJVs are analyzed using Securities Data Company (SDC) platinum database. Chi-square test of independence is conducted on the parameters for CBJVs collected over a span of 10 years to test interrelations between them.

Findings

The results of explorative trend analysis and test of interdependence are significantly different from developed countries in terms of interrelation between parent’s nationality, industry classification, broad purpose, period of formation and the equity owned.

Research/limitations implications

Future work may explore the strategic motivation of both developed and developing nation firms, given the dynamics of CBJVs explored in this paper. The study could also be extended to other developed and developing nation firms CBJVs with Indian firms.

Practical implications

This study provides a broad-based objective exploratory study of trends and distribution of CBJVs from the standpoint of the developing nations. This helps managers to identify the dynamic industries of CBJVs in India as far as G7 nations are concerned.

Social implications

The possibility of asymmetric motives of partners in CBJV could not be negated. The role of Indian policymakers also becomes much larger to regulate the monopolistic and anti-competitive practices.

Originality/value

The longitudinal study serves to present first of its kind systematic analysis of detailed activity of Indian firms in bilateral CBJV formation.

Details

Journal of Indian Business Research, vol. 11 no. 4
Type: Research Article
ISSN: 1755-4195

Keywords

Article
Publication date: 13 February 2019

Zuby Hasan, Sanjay Dhir and Swati Dhir

The purpose of this paper is to examine the elements of asymmetric motives, i.e., initial cross-border joint venture (CBJV) conditions and relative partner characteristics…

Abstract

Purpose

The purpose of this paper is to examine the elements of asymmetric motives, i.e., initial cross-border joint venture (CBJV) conditions and relative partner characteristics in emerging nations. The two main objectives of the present research are to identify the elements affecting asymmetric motives in Indian bilateral CBJV and to construct modified total interpretive structural modelling (TISM) for the identified elements of asymmetric motives.

Design/methodology/approach

For the current study, the qualitative technique named total interpretive structural modelling was used. The TISM (Sushil, 2012) is a novel extension of interpretive structural modelling (ISM) where ISM helps to understand the “what” and “how” of research (Warfield, 1974) and TISM answers the third question, i.e., “why” in the form of TISM; further checks for the correctness of TISM are given in Sushil (2016). TISM provides a hierarchical model of the elements selected for study and the interpretation of each element by iterative process and also a digraph that systematically depicts the relationship among various elements. TISM is an innovative modelling technique used by researchers in varied fields (Srivastava and Sushil, 2013; Wasuja et al., 2012; Nasim, 2011; Prasad and Suri, 2011). Steps involved in TISM are shown in Figure 1. It uses reachability matrix and partitioning of elements similar to ISM. Also, along with traditional TISM, the modified TISM process was also used where both paired comparisons and transitivity checks were done simultaneously which helped in minimising the redundant comparisons being made in the original process. Furthermore, for identifying the elements of study, SDC Platinum database was used, which was taken from research papers of major journals namely British Journal of Management, Administrative Science Quarterly, Strategic Management Journal, Management Science, Academy of Management Journal and Organization Science (Schilling, 2009). The database included all joint ventures that were formed in India, having India as one of the partner firms during fiscal year April 2000 and March 2010. From these, 361 CBJVs and 76 domestic joint ventures were identified. Although 54 CBJVs were excluded from these, a total number of 307 CBJVs were studied in the current research. Among these 307 CBJVs, 201 were from super-advanced nations (G7), 40 CBJVs from developing nations and 66 CBJVs from other developed nations. As 65 per cent of the CBJVs came from G7 nations (France, Italy, Japan, Canada, Germany, USA and UK), in the current study, we tried to examine Indian CBJVs with G7 partners only for a period of ten years as mentioned above.

Findings

The results of the study indicate that asymmetric motives are directly affected by critical activity alignment and interdependency. Thus, we can conclude that critical activity alignment of partners in CBJV is an antecedent of CBJV motive and thereby minimises the number of asymmetric motives. Bottom level variables such as culture difference and relative capital structure are considered as strong drivers of asymmetric motives. Diversification, resource heterogeneity and inter-partner conflict are middle level elements. Effect of these elements on asymmetric motives can only be improved and enhanced when improvement in bottom level variables is found. It has been believed that as the relative capital structure among firm increases, CBJVs’ asymmetric motives also increase, the reason being that as the difference in capital structure occurs, gradual change in bargaining power will also occur.

Originality/value

TISM used in the present study provides valuable insights into the interrelationship between identified elements through a systematic framework. The methodology of TISM used has its implications for researchers, academicians as well for practitioners. Further study also examines driver-dependent relationship among elements of interest, i.e., relative partner characteristics and initial CBJV conditions by using MICMAC analysis, which can be viewed as a significant step in research related to bilateral CBJV.

Article
Publication date: 22 July 2020

Mahak Agrawal

The idea is to propagate the concept of climate resilience in India beyond international mandates and bold statements, enabled through utilization of open data. The…

Abstract

Purpose

The idea is to propagate the concept of climate resilience in India beyond international mandates and bold statements, enabled through utilization of open data. The research underscores need for climate responsive planning for megacities in India with an example of National Capital Territory of Delhi, the capital of India whose trends and policies often form a blueprint for others to follow.

Design/methodology/approach

The research was conducted in six distinct, yet inter-related stages: literature review, data collection, data analysis at four levels – city, zonal, planning division and flood plains inhabited by climate vulnerable population with least adaptive capacity, formulating alternative scenarios of future development, evaluation of scenarios, conclusions and recommendations.

Findings

India has approximately 8,000 urban centres. Less than 2% of these centres have a planning document. Less than 1% of these documents acknowledge climate change as a phenomenon let alone a challenge to urban future. It is therefore a priority to address the challenge from a planning perspective for India.

Research limitations/implications

Methodologies for evaluating the multiplier effect are still in their pre-final stage and there exist uncertainties and margin of error.

Practical implications

Aligned with pre-tested methodologies, the research through extensive empirical and spatial-temporal analysis indicates severity and irreversibility of socio-economic and environmental losses.

Originality/value

Risks and vulnerabilities to climate change and climate induced disasters exhibit multiplier effect that varies spatially across a region's demography. Quantitative analysis of multiplier effect on the secondary environment is rarely explored in climate studies. The paper addresses this lacuna by examining climate risks to Indian megacities with a case example of Delhi. The findings suggest that urbanization, climate risks and natural environment are interlinked, where an impact of one generates ripples across other two and their secondary environment plus sectors.

Details

Disaster Prevention and Management: An International Journal, vol. 29 no. 5
Type: Research Article
ISSN: 0965-3562

Keywords

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