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Article
Publication date: 12 May 2021

Guillaume Carton and Julia Parigot

This paper aims to question the capacity of firms embedded in global value chains to manage their natural resources in a sustainable way. Thus, it offers guidelines for…

Abstract

Purpose

This paper aims to question the capacity of firms embedded in global value chains to manage their natural resources in a sustainable way. Thus, it offers guidelines for more sustainable value chains.

Design/methodology/approach

While business strategies have focused on optimizing natural resource exploitation and on constructing global value chains to face sustainability issues, this study first explains why these strategies are not effective in preventing natural resource depletion. Second, it offers a model for anticipating resource depletion. The cut flower industry constitutes a central case to explain the model. Two other industry cases complement the demonstration.

Findings

To anticipate natural resource depletion and thus improve industry sustainability, firms must shift from the exploitation of endangered natural resources to the use of alternative local ones. This shift, however, encourages firms to reconstruct value chains and rethink how they create value within these new value chains. It also has an impact on firms’ growth strategy: they must replicate value chains on a local scale instead of taking part in global value chains.

Research limitations/implications

The findings rely on illustrations from the cut flower, fishing and textile fiber industries. Generalization to other industries may strengthen the argument.

Originality/value

This study offers a model of sustainable growth for firms willing to anticipate natural resource depletion by offering a shift in value chains. It consists of exploiting alternative natural resources and of rethinking the value offered to consumers. Thus, it goes against current models that merely focus on optimizing natural resource exploitation within global value chains.

Details

Journal of Business Strategy, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 0275-6668

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Article
Publication date: 13 September 2021

Guy Moshe Ross

This research aims to test focus of attention effects in risky choice.

Abstract

Purpose

This research aims to test focus of attention effects in risky choice.

Design/methodology/approach

As opposed to traditional aspiration-level theory, the shifting-focus concept introduces a second reference point, the survival point, and assumes a shifting focus of attention between the two reference points. In this conceptualization, risk-taking is a function of focus of attention on the survival reference point or the aspiration-level and resources relative to the two reference points. Four randomized controlled studies tested this concept.

Findings

Study 1 showed that with aspiration focus the probability of choosing a risky option was higher below an aspiration-level than above it. With survival focus, the effect was reversed. Study 2 found that close to the survival reference point, the probability of choosing a risky option was higher with aspiration focus relative to survival focus. Study 3 revealed that with scarce resources the risk taken was higher with aspiration focus than with survival focus, and the scarcer the resources the stronger was the effect. Study 4 demonstrated that with aspiration focus the risk taken was higher below an aspiration-level than above it. With survival focus the effect was reversed.

Originality/value

In addition to providing support for the validity of the shifting focus concept, this paper elaborates on the theoretical model by providing evidence for moderation effects. Risk-taking was affected by a focus of attention on one of two reference points, and the effect was moderated by resources relative to the two focal points. An advanced model is proposed to capture the effects of focus of attention and resources on risk-taking behavior.

Details

Journal of Modelling in Management, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1746-5664

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Article
Publication date: 14 September 2021

Soran Mohtadi

The purpose of this paper is to investigate the resource rents–quality-adjusted human capital nexus and the impact of quality of institutions.

Abstract

Purpose

The purpose of this paper is to investigate the resource rents–quality-adjusted human capital nexus and the impact of quality of institutions.

Design/methodology/approach

For a large data set of 161 countries for the period 1996–2018 (yearly and 4-year periods), fixed effect estimation method is applied to investigate the impact of resource rents on quality-adjusted human capital and the role of quality of institutions on this relationship.

Findings

The paper found little evidence on the negative, significant and direct impact of total resource rents on quality-adjusted human capital. However, the results show that the negative effect of resource rents can be mediated by the quality of institutions. This result is robust to a long list of controls, different specifications and estimation techniques, as well as several robustness checks. Therefore, institutional quality seems to play a critical role in determining the indirect impact of natural resources on human capital. Moreover, the obtained results demonstrate that this resource adverse effect depends on the type of resource rents; in particular, high dependency on oil rents in developing countries appears to harm human capital.

Research limitations/implications

The paper shows that it is not obvious that total resource rents decrease human capital and found that the coefficient is no longer significant in the two-way fixed effects model. However, the analysis has emphasized the crucial role of political institutions in this relationship and has shown that countries with higher quality of institutions make the most of their resource rents transiting to a better human capital environment. This result is found to be robust to a list of controls, different specifications and estimation techniques, as well as several robustness checks. In addition, we demonstrate that not all resources affect human capital in the same way and found that oil rents have a significant negative effect on human capital. This is an important distinction since several countries are blessing from oil rents. From this we conclude that the effect of natural resources on human capital varies across different types of commodities. On the other hand, the interaction between institutions and the sub-categories of resource rents shows that oil rents can increase human capital only in developing countries with higher quality of institutions (above the threshold). This result is also still hold while using alternative measures of political institutions.

Practical implications

The results in this paper have important policy implications. In particular, results highlight important heterogeneities in the role resource rents to the economy. As international commodity prices have shown high volatility in recent years, it is important for policy makers to understand the rents. Rents which are the difference between the price of a commodity and the average cost of producing it can have different effects in the economy, including the human capital. It is shown that in countries with low-quality institutions, natural resource rents negatively affect institutional quality, leading to conflicts, corruption and fostering rent-seeking activities. Overall, this reinforces the elite at the power that, obviously, is interested in preserving the status quo. In other words, there is a vicious circle between resource rents and low-quality institutions that impedes institutional change. How to regulate this in the best possible way requires a good understanding of how resource rents are generated and appropriated for different sectors, their different effects and how people react to these rents. The evidence suggests the policy toward better political institutions may help countries to improve social outcomes such as health and education which offer high social returns.

Originality/value

The paper is part of the author's PhD research and is an original contribution.

Details

Journal of Economic Studies, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 0144-3585

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Article
Publication date: 23 September 2021

Kumari Rashmi and Aakanksha Kataria

The purpose of this study is to empirically investigate the mediating effect of work-life balance (WLB) in the relationship between three significant job resources

Abstract

Purpose

The purpose of this study is to empirically investigate the mediating effect of work-life balance (WLB) in the relationship between three significant job resources (namely, job autonomy, supervisor support and co-worker support) and job satisfaction experienced by frontline nursing professionals during the COVID-19 pandemic in an Indian setting using the theoretical foundation of job demands-resources theory.

Design/methodology/approach

Structured questionnaire survey has been used to get the responses from 452 nursing professionals in India during the COVID-19 pandemic. To carry out data analysis structural equation modeling has been used.

Findings

The results reveal the relationship between the framed hypotheses. Surprisingly, the relationship between all three job resources and WLB was found to be positive, and also WLB was positively associated with nursing professionals’ job satisfaction during pandemic situations. However, WLB partially mediated the relationship only between two job resources (namely, job autonomy and supervisor support) and job satisfaction.

Originality/value

The research paper addresses Indian nursing professionals’ perceptions of job resources, WLB and job satisfaction during the COVID-19 pandemic. This paper seeks to examine such a relationship when nursing professionals’ worked round the clock with intuitive expertise and cautiousness to provide quality care and responded more efficiently to scarce resource situations.

Details

International Journal of Organizational Analysis, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1934-8835

Keywords

Content available
Article
Publication date: 22 September 2021

Michele Pinelli, Christian Lechner, Sascha Kraus and Eric Liguori

This paper proposes an Exchange-Based View of the value creation process. The Borrowing from marketing literature, the EBV advances that entrepreneurs and stakeholders are…

Abstract

Purpose

This paper proposes an Exchange-Based View of the value creation process. The Borrowing from marketing literature, the EBV advances that entrepreneurs and stakeholders are tied by exchange relationships, through which they co-create value by reciprocally making and realizing promises of value.

Design/methodology/approach

Propositions are developed and offered to advance the role of exchange in the entrepreneurial value creation process.

Findings

The authors conceptualize the enterprise as a system of exchange relationships between entrepreneurs and their stakeholders, thus proposing an exchange-based view of entrepreneurship.

Originality/value

Such an account of the role of entrepreneurs and of their relationship with the stakeholders has meaningful implications for our understanding of the entrepreneurial tasks of opportunity recognition and exploitation.

Details

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

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Article
Publication date: 13 September 2021

Dalia M. Ibrahiem and Rasha Sameh

Achieving the goals of the sustainable development strategy and Egypt’s vision 2030 depends mainly on the existence of sources of funds. And since Egypt faces a great…

Abstract

Purpose

Achieving the goals of the sustainable development strategy and Egypt’s vision 2030 depends mainly on the existence of sources of funds. And since Egypt faces a great challenge in obtaining finance, then analyzing the drivers of financial development is a vital issue and there is a persistent need to shed light on the key obstacles for it. Thus, this paper aims to empirically assess the impact of natural resources, foreign direct investment (FDI) net inflows, education and clean energy sources on financial development in Egypt using the data of the 1971–2014 period.

Design/methodology/approach

The paper uses auto-regressive distributed lag and Toda-Yamomoto approaches to fulfill the purpose.

Findings

Empirical results signify that all variables except natural endowments stimulate financial development which can suggest the presence of the natural resources curse in Egypt. Moreover, the feedback effect between financial development and FDI is recognized. Clean energy sources cause financial development and natural endowments. Financial development causes natural endowments and FDI leads to the deployment of more clean energy resources.

Practical implications

Several crucial policy implications are suggested based upon these results as improving the quality and quantity of education and encouraging both domestic and foreign investors by providing several incentives. Moreover, the government has to enhance green finance through financing solar energy projects and other environmentally friendly projects.

Originality/value

It is the first research for Egypt that explores natural resource-financial development nexus using time series analysis according to our information, and two important variables are included in the model which is clean energy sources and FDI. Then, although several studies examined the impact of financial development on clean energy no empirical study before assessed the impact of clean energy on financial development.

Details

International Journal of Energy Sector Management, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1750-6220

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Article
Publication date: 15 September 2021

João Viseu, Patrícia Pinto, Sérgio da Borralha and Saúl Neves de Jesus

This study aims to follow the Job Demands-Resources model to understand how: job resources (organisational health and organisational support) were related to work…

Abstract

Purpose

This study aims to follow the Job Demands-Resources model to understand how: job resources (organisational health and organisational support) were related to work engagement through intrinsic motivation (personal resource); and intrinsic motivation was associated with job satisfaction through work engagement.

Design/methodology/approach

Data were collected from 504 workers (50% women and 50% men; M = 39.48 years old, SD = 11.98) at four- and five-star hotels from the Algarve, Portugal. Through structural equation modelling, using the maximum likelihood estimation method, nine research hypotheses were tested.

Findings

Results indicated that intrinsic motivation mediated the relationship between organisational health and work engagement. Work engagement mediated the association between intrinsic motivation and job satisfaction.

Practical implications

Hotel managers must promote a supportive work environment and demonstrate openness to receiving suggestions from employees. Employees should also be informed about their hotel’s business model and operation. At the task design level, challenging and stimulating tasks should be created and job rotation policies should be implemented to foster work motivation. Also, managers must recruit employees that present positive emotions, proactivity and stress and time management skills.

Originality/value

This study considered the role of organisational health as a job resource, a new concept in hospitality. The selected personal resource, intrinsic motivation, is different from positive psychological capital, the typical resource used in hospitality studies.

Details

International Journal of Culture, Tourism and Hospitality Research, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1750-6182

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Article
Publication date: 17 September 2021

My-Trinh Bui and Don Jyh-Fu Jeng

The purpose of this study is to investigate coproduction behavior in networking alumni communities via the progress from platform belongingness, knowledge sharing and…

Abstract

Purpose

The purpose of this study is to investigate coproduction behavior in networking alumni communities via the progress from platform belongingness, knowledge sharing and citizenship behavior. Alumni networking communities have emerged as valuable assets for conserving institutional resources, supporting members and contributing new resources for alumni-institutional professional development. However, the previous literature has not yet captured the explicit processes by which these contributions are made.

Design/methodology/approach

Data from 711 respondents selected from an alumni collaboration network were subjected to structural equation modeling analysis.

Findings

The study explored resource conservation (belongingness) as the primary relational mechanism for alumni to share their instrumental resources (knowledge sharing), supporting resources (citizenship behavior) and competent resources (coproduction behavior). Knowledge sharing and citizenship behavior act as intermediate agents to trigger coproduction behavior. The authors show how subjective norm, group norm and trust is regarded as a tool to reduce bonding intrusiveness (i.e. the intrusive side-effects of a bond) and moderate the indirect effect of belongingness on coproduction and the direct effect of citizenship on coproduction.

Research limitations/implications

By applying attachment theory, conservation of resources theory and digital platform networking perspectives, this study describes major implications for designing inspiring and compatible community platforms.

Practical implications

Guidance is provided for improving sustainable alumni communities through citizenship-sharing and coproduction behavior.

Social implications

Online alumni communities are regarded as resource conservators, which can result in valuable coproduction, via the sharing of knowledge, expertise and skillsets to create profit for a range of institutions and industries.

Originality/value

Alumni networking platforms encourage alumni cohesiveness, stimulate knowledge exchange and improve professionalism.

Details

Journal of Enterprising Communities: People and Places in the Global Economy, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1750-6204

Keywords

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Article
Publication date: 8 September 2021

Senthil Kumar Angappan, Tezera Robe, Sisay Muleta and Bekele Worku M

Cloud computing services gained huge attention in recent years and many organizations started moving their business data traditional server to the cloud storage providers…

Abstract

Purpose

Cloud computing services gained huge attention in recent years and many organizations started moving their business data traditional server to the cloud storage providers. However, increased data storage introduces challenges like inefficient usage of resources in the cloud storage, in order to meet the demands of users and maintain the service level agreement with the clients, the cloud server has to allocate the physical machine to the virtual machines as requested, but the random resource allocations procedures lead to inefficient utilization of resources.

Design/methodology/approach

This thesis focuses on resource allocation for reasonable utilization of resources. The overall framework comprises of cloudlets, broker, cloud information system, virtual machines, virtual machine manager, and data center. Existing first fit and best fit algorithms consider the minimization of the number of bins but do not consider leftover bins.

Findings

The proposed algorithm effectively utilizes the resources compared to first, best and worst fit algorithms. The effect of this utilization efficiency can be seen in metrics where central processing unit (CPU), bandwidth (BW), random access memory (RAM) and power consumption outperformed very well than other algorithms by saving 15 kHz of CPU, 92.6kbps of BW, 6GB of RAM and saved 3kW of power compared to first and best fit algorithms.

Originality/value

The proposed multi-objective bin packing algorithm is better for packing VMs on physical servers in order to better utilize different parameters such as memory availability, CPU speed, power and bandwidth availability in the physical machine.

Details

International Journal of Intelligent Unmanned Systems, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 2049-6427

Keywords

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Article
Publication date: 24 September 2021

Minning Wu, Feng Zhang and X. Rui

Internet of things (IoT) is essential in technical, social and economic domains, but there are many challenges that researchers are continuously trying to solve…

Abstract

Purpose

Internet of things (IoT) is essential in technical, social and economic domains, but there are many challenges that researchers are continuously trying to solve. Traditional resource allocation methods in IoT focused on the optimal resource selection process, but the energy consumption for allocating resources is not considered sufficiently. This paper aims to propose a resource allocation technique aiming at energy and delay reduction in resource allocation. Because of the non-deterministic polynomial-time hard nature of the resource allocation issue and the forest optimization algorithm’s success in complex problems, the authors used this algorithm to allocate resources in IoT.

Design/methodology/approach

For the vast majority of IoT applications, energy-efficient communications, sustainable energy supply and reduction of latency have been major goals in resource allocation, making operating systems and applications more efficient. One of the most critical challenges in this field is efficient resource allocation. This paper has provided a new technique to solve the mentioned problem using the forest optimization algorithm. To simulate and analyze the proposed technique, the MATLAB software environment has been used. The results obtained from implementing the proposed method have been compared to the particle swarm optimization (PSO), genetic algorithm (GA) and distance-based algorithm.

Findings

Simulation results show that the proper performance of the proposed technique. The proposed method, in terms of “energy” and “delay,” is better than other ones (GA, PSO and distance-based algorithm).

Practical implications

The paper presents a useful method for improving resource allocation methods. The proposed method has higher efficiency compared to the previous methods. The MATLAB-based simulation results have indicated that energy consumption and delay have been improved compared to other algorithms, which causes the high application of this method in practical projects. In the future, the focus will be on resource failure and reducing the service level agreement violation rate concerning the number of resources.

Originality/value

The proposed technique can solve the mentioned problem in the IoT with the best resource utilization, low delay and reduced energy consumption. The proposed forest optimization-based algorithm is a promising technique to help enterprises participate in IoT initiatives and develop their business.

Details

Circuit World, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 0305-6120

Keywords

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