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1 – 10 of over 40000Qing Zheng, Wei Guo, Weijin An, Lei Wang and Ruoyu Liang
Many users build personal projects in co-innovation community to accomplish their innovations. However, very few projects from such communities are successful and understanding of…
Abstract
Purpose
Many users build personal projects in co-innovation community to accomplish their innovations. However, very few projects from such communities are successful and understanding of this phenomenon is limited. The purpose of this paper is to identify the factors facilitating user projects success in online co-innovation communities.
Design/methodology/approach
Based on the theories of persuasion and diffusion of innovation (DOI), a conceptual model is proposed to explain how project success likelihood is affected by the creator, project and user participation characteristics. Then, the model and hypotheses are tested through binary logistic regression on a secondary data set of 572 projects collected from a typical user co-innovation community, Local Motors.
Findings
The results show that creator characteristics (prior success rate), project characteristics (project popularity, length and duration) and user participation characteristics (participation users and degree) have significant and positive impacts on project success likelihood. The number of prior projects, which can hardly represent the creator’s credibility in open and unrestricted situations, has no significant influence on the project success likelihood.
Practical implications
This study offers project creators the keys to increase their projects successful possibility. Besides, this study recommends a new way to attract users and helps to identify creative and effective users for community practitioners.
Originality/value
This study expands the research scope in online co-innovation community by focusing on user personal projects. In addition, it combines persuasion theory and DOI theory to add the holistic understanding of user project success likelihood.
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Nazmi Sae'b Jarrar, Malcolm Smith and Colin Dolley
To examine the likelihood of successfully implementing activity‐based costing (ABC) in a university setting.
Abstract
Purpose
To examine the likelihood of successfully implementing activity‐based costing (ABC) in a university setting.
Design/methodology/approach
A case‐based method is adopted, through the survey of participants in one ABC implementation.
Findings
A positive association was identified between successful implementation and the involvement and support of senior management, though perceptions were found to vary according to the precise role of participants in the implementation process.
Research limitations/implications
The data relate to a single Australian university, so that the findings are not necessarily generalisable elsewhere.
Practical implications
The alignment of the ABC system with the university's competitive strategy, continuous improvement programs and organisational culture, is important to a successful implementation.
Originality/value
The study compares the perceptions of users and preparers to the implementation process and identifies significant differences between the two groups.
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Chang Heon Lee and Ananth Chiravuri
Serial crowdfunding is becoming a common phenomenon as entrepreneurs repeatedly return to online crowdfunding to raise capital. In this study, the authors focus attention on…
Abstract
Purpose
Serial crowdfunding is becoming a common phenomenon as entrepreneurs repeatedly return to online crowdfunding to raise capital. In this study, the authors focus attention on serial crowdfunders, that is, entrepreneurs who experience launching more than one crowdfunding project. The purpose of this paper is to investigate the role of past experience on subsequent crowdfunding performance. This study also examines whether initial success vs initial failure leads serial crowdfunders to engage in more explorative behaviors (i.e. switching industry) and to take exploitative actions (i.e. adjusting campaign strategies in terms of goal setting and funding option).
Design/methodology/approach
Data on serial crowdfunding projects was retrieved from Indiegogo platform. The logistic regression models are estimated to assess the impact of past entrepreneurial experience on subsequent crowdfunding decisions, and to estimate the effects of the three strategies on subsequent funding performance.
Findings
The results show that serial creators who experienced successful initial crowdfunding are more likely to explore a new industry or product category in the crowdfunding market and to set a higher target capital for the subsequent campaign when they change a project category.
Originality/value
Despite the fact that there are a considerably large number of serial crowdfunders in crowdfunding market, relatively little research has been conducted to investigate the presence of learning benefits from a previous to a subsequent crowdfunding project. Two competing hypotheses, drawn from the attribution theory and hubris theory of entrepreneurship, were tested in this study to determine the impact of prior success vs failure experience on both subsequent crowdfunding decisions and funding performance.
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This article describes the current status of the Success Likelihood Index Method (SLIM) approach to the quantification of human reliability in risk and reliability assessment. The…
Abstract
This article describes the current status of the Success Likelihood Index Method (SLIM) approach to the quantification of human reliability in risk and reliability assessment. The technique has now been implemented using an interactive computer program called MAUD to give a stand‐alone package (SLIM‐MAUD) which can be easily used by engineers without specialist knowledge of human reliability assessment. The article describes the use of the technique to provide design recommendations. The application of SLIM‐MAUD to a series of nuclear power plant tasks is described.
Poison pill adoption is often considered as the most effective tactic to fend off an unsolicited takeover bid. However, it is difficult to identify the deterrent effect because…
Abstract
Purpose
Poison pill adoption is often considered as the most effective tactic to fend off an unsolicited takeover bid. However, it is difficult to identify the deterrent effect because the adoption is naturally endogenous. The purpose of this paper is to use plausibly exogenous instruments to mitigate the endogeneity problem.
Design/methodology/approach
The author employs two econometric models: the linear probability model and the bivariate probit model to examine the effect of poison pills on the outcome of a takeover.
Findings
Using a sample of 655 unsolicited takeovers, the author finds that poison pills substantially reduce the likelihood that a takeover bid, once undesirably placed, is completed. This negative impact strongly supports the manager entrenchment hypothesis in that managers adopt poison pills to ensure the continuation of their private benefits. However, the author finds no strong evidence consistent with the shareholder interest hypothesis that poison pills enhance the management’s ability to negotiate higher premiums or reject inadequate offers.
Research limitations/implications
The demise of the market for unsolicited takeovers with the disappearance of poison pills can be explained by the fact that poison pills, if adopted, will have an absolute deterrent effect on the takeover likelihood of success, and targets always have the power to adopt them instantly.
Practical implications
There should be policies to limit the power of managers to adopt poison pills because it causes the entrenchment problem which will negatively affect the firm value.
Originality/value
The author tackles the problem of the endogeneity of poison pill adoptions. The author shows that poison pills have a strong negative effect on the takeover outcome and the result can explain the decreasing number of unsolicited takeovers.
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Jeffrey G. Blodgett, Kirk L. Wakefield and James H. Barnes
Presents a dynamic model of the consumer complaining behaviorprocess. Is unique in that it distinguishes between negativeword‐of‐mouth that occurs prior to seeking redress (or in…
Abstract
Presents a dynamic model of the consumer complaining behavior process. Is unique in that it distinguishes between negative word‐of‐mouth that occurs prior to seeking redress (or in lieu of seeking redress) and negative word‐of‐mouth that occurs after seeking redress. Another unique aspect of this study is that it specifically recognizes positive word‐of‐mouth as a possible post‐complaint response. The results indicate that the major factor that determines why some dissatisfied consumers seek redress and give the seller a chance to remedy the problem, while others exit and engage in negative word‐of‐mouth behavior, is the perceived likelihood of success. Results also show that, once a dissatisfied customer seeks redress, that person expects to receive a fair settlement but, more importantly, to be treated with courtesy and respect. Based on these results, discusses the pervasive effects of customer service on consumer complaining behavior, and offers managerial recommendations.
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Widyarso Roswinanto and Siti Nuraisyah Suwanda
The purpose of this study is twofold. First, to investigate whether religiosity holds a significant effect on religious animosity in boycott circumstances in Indonesia and the…
Abstract
Purpose
The purpose of this study is twofold. First, to investigate whether religiosity holds a significant effect on religious animosity in boycott circumstances in Indonesia and the interplay of religiosity dimensions (Study 1). Second, to investigate the antecedents of the intention to participate in religious boycotts (Study 2). The theory of planned behavior (TPB) is used as the foundation to explore and develop the antecedents.
Design/methodology/approach
The quantitative research uses a scenario from a real case of boycott incident in Indonesia; a significant country for the Muslim community and the host to the biggest Muslim population in the world. The case is related to a boycott toward the leading brand of the bakery (Sari Roti). In total, 270 adult Muslims participate as respondents using purposive and snowball sampling techniques. The data is then analyzed using multiple regression analyzes.
Findings
Study 1 reveals that religiosity has a significant effect on religious animosity. Thus, religiosity is a relevant factor in affecting boycotts. Further, the dimensions of religiosity (intrinsic and extrinsic religiosity) play intertwining roles in affecting religious animosity. Study 2 reveals that the significant antecedents of religious boycott intention are attitude toward religious boycott, normative belief, motivation to comply. The political tendency is a significant covariate. The attitude toward religious boycott has the highest effect on religious boycott intention and is preceded by religious animosity and perceived success likelihood.
Research limitations/implications
The sample is chosen from the population of Indonesian adult Muslims. Hence, caution should be applied when generalizing across other populations.
Practical implications
Results of the current research can help managers to prevent and to anticipate the potential negative impacts of a religious boycott on their businesses through the understanding of the factors affecting the intention to participate in such boycotts. Managers may initiate marketing interventions for such anticipations by creating communications responding to the potential animosity and boycott issues.
Social implications
Governments and non-governmental organizations (NGOs) can benefit from the current research in their efforts to prevent potential national instability and social or political chaos. The research findings may increase the understanding about antecedents of religious boycott, and, in turn, the governments and NGOs can plan social engineering initiatives for corrective and preventive actions accordingly.
Originality/value
The paper fulfills the conceptual gap by investigating whether religiosity and religious animosity are relevant in the boycott context. The paper also shows the different effects and the interplay among the antecedents of religious boycott intention. There is no prior literature that initiates and integrates the antecedents of religious boycott intention using TPB as the base theory.
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Consider now the set of all possible events that can occur in a given context. There is a distinction between an elementary event and a compound event. The set of elementary…
Abstract
Consider now the set of all possible events that can occur in a given context. There is a distinction between an elementary event and a compound event. The set of elementary events is exhaustive, exclusive and elementary: the elementary events cover all the possible events; no two of them can occur at the same time; and all other events are constituted by compounds of these. Denoting the set of all elementary events by E, the set of all (possibly compound) events is the power set of E, S E. The set of events, S E, consists of pairs of events: for each event e there is its complementary event not-e; and for the event not-e there is its complementary event not-(not-e)=e. In any given world only one event of any complementary pair can occur.
The purpose of this study is to review the literature at the intersection of crowdfunding and gender, while examining the extent to which crowdfunding has enhanced female…
Abstract
Purpose
The purpose of this study is to review the literature at the intersection of crowdfunding and gender, while examining the extent to which crowdfunding has enhanced female financial inclusion and participation.
Design/methodology/approach
A systematic literature review was conducted across 47 studies from 2011 to April 2021.
Findings
Most studies suggest that the likelihood of success or failure of female-led campaigns depends on external factors associated with opportunities. The study points to a general trend where although female participation has not achieved its full potential, it is greater than in other channels, while enjoying higher chances of success for female fundraisers. The study highlights gaps in the literature and the associated opportunities for future research emerging from them.
Originality/value
This study is the first attempt to summarise and sensitise the literature on crowdfunding and gender. The study highlights the importance of analysing the impact of context on the conceptualisation of gender in alternative finance.
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The purpose of this paper is to explore the efficacy of Osterwalder and Pigneur’s Business Model Canvas for 271 teams competing in a venture pitch competition during a cleantech…
Abstract
Purpose
The purpose of this paper is to explore the efficacy of Osterwalder and Pigneur’s Business Model Canvas for 271 teams competing in a venture pitch competition during a cleantech accelerator program.
Design/methodology/approach
It uses competition results and data from a website used by participants to track their hypothesis construction and testing.
Findings
Teams that used the elements of customer segment, value proposition, key activities or key partnerships performed significantly better in the competition. Yet of all nine elements in the Canvas, only customer segmentation showed a significant linear bivariate correlation between the number of validated hypotheses and performance. Finally, teams that heavily used a triumvirate of elements composed of customer segmentation, value proposition and channel performed two times better than teams that barely used these elements.
Research limitations/implications
The findings of this exploratory analysis imply that the components of a business model that explain and predict early success might be different than those for a more mature firm.
Practical implications
These results suggest that practitioners could improve early performance by narrowing their scrutiny to just the triumvirate, because the Canvas may contain components that are unhelpful for entrepreneurs as they form a business model for their nascent venture.
Originality/value
This paper fills a gap by empirically testing the prediction that application of the Business Model Canvas drives venture success and providing a revise definition for a business model that is more appropriate for start-up ventures.
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