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Article
Publication date: 13 November 2017

Aminath Amany Ahmed and Azhar Mohamad

In this study, the authors use data envelopment analysis to assess the technical efficiency and performance of real estate investment trusts (REITs) in Singapore, for the years…

Abstract

Purpose

In this study, the authors use data envelopment analysis to assess the technical efficiency and performance of real estate investment trusts (REITs) in Singapore, for the years 2009 through 2013.

Design/methodology/approach

The authors apply the Malmquist Productivity Index to express the productivity change of the REITs over time.

Findings

The authors find that while most REITs have experienced efficiency improvements, there has been little productivity growth at the frontier during the study period.

Originality/value

The finding indicates that it is possible to improve the performance of the REITs by further improving technological efficiency because technological regress has been the main reason for the poor productivity growth of the REITs in Singapore.

Details

International Journal of Law and Management, vol. 59 no. 6
Type: Research Article
ISSN: 1754-243X

Keywords

Article
Publication date: 1 April 2003

Georgios I. Zekos

Aim of the present monograph is the economic analysis of the role of MNEs regarding globalisation and digital economy and in parallel there is a reference and examination of some…

88455

Abstract

Aim of the present monograph is the economic analysis of the role of MNEs regarding globalisation and digital economy and in parallel there is a reference and examination of some legal aspects concerning MNEs, cyberspace and e‐commerce as the means of expression of the digital economy. The whole effort of the author is focused on the examination of various aspects of MNEs and their impact upon globalisation and vice versa and how and if we are moving towards a global digital economy.

Details

Managerial Law, vol. 45 no. 1/2
Type: Research Article
ISSN: 0309-0558

Keywords

Article
Publication date: 22 February 2022

Jorge A. Romero and Cristina Abad

The importance of integrating cloud-based big data analytics software with enterprise resource planning (ERP) platforms is not clearly understood. Specifically, this study aims to…

1232

Abstract

Purpose

The importance of integrating cloud-based big data analytics software with enterprise resource planning (ERP) platforms is not clearly understood. Specifically, this study aims to look into firms that implemented SAP during the boom of ERP implementations. Further, this study aims to look into the type of cloud-based big data analytics software that those firms installed when cloud-based packages started to be available.

Design/methodology/approach

This study specifically looks at productivity and the sources of productivity, such as technical progress and efficiency change, using a non-parametric approach that does not constrain the analysis to any production function.

Findings

This study found that by the time cloud-based big data analytics software started to be available, SAP-adopters already had a competitive advantage over the non-SAP adopters manifested through productivity and specifically through technology and not efficiency. Later, when the same firms decided to integrate their ERP platforms with cloud-based big data analytics software, the firms that had installed SAP already had an initial advantage over the non-SAP-adopters.

Research limitations/implications

In support of the theory of technology organization environment (Tornatzky and Fleisher, 1990) and Posner's theoretical framework (Posner, 1961), a cloud-based big data analytics software will not change the relative position that firms have in the industry, so a cloud-based big data analytics software by itself will not provide a competitive advantage over competitors. Still, it will ensure that the preliminary technological gap that SAP-adopters already had is not magnified.

Practical implications

Knowing the sources of productivity improvement and technological improvements will give managers greater leverage when negotiating budgets, negotiating long-term contracts in better terms and in the decision process.

Originality/value

This study fills a research gap by looking into the implementation of a cloud-based big data analytics software with ERP.

Details

Management Decision, vol. 60 no. 12
Type: Research Article
ISSN: 0025-1747

Keywords

Article
Publication date: 21 November 2016

Ameha Mulugeta Gewe, Birhanu Beshah Abebe, Daniel Kitaw Azene and Fitsum Getachew Bayu

Technological outsourcing requires possessing the technological capability level by enterprises taking the outsourced activity and further mandates build-up capabilities. Small…

2066

Abstract

Purpose

Technological outsourcing requires possessing the technological capability level by enterprises taking the outsourced activity and further mandates build-up capabilities. Small and medium enterprises (SMEs) in developing nations such as Ethiopia are usually equipped with low level of technological capability and could benefit from government-supported or government-initiated outsourcing networks. The current study aims to preliminarily assess performance of outsourcing initiative taken by the Hibret Manufacturing and Machine Building Industry, a subsidiary of a national corporation, in developing technological capability of SMEs in Ethiopia.

Design/methodology/approach

The study used a qualitative research approach through interviews with the parent company officials and owners of SMEs and site visit to these SMEs. Findings are organized in a way to draw lessons to be learned from technological outsourcing examined.

Findings

Technological learning, acquisition of new technologies, market access and process innovation are few capabilities achieved by the involved SMEs. To facilitate and harness these opportunities and further assist in policy ratification, a conceptual framework has been presented and elaborated.

Research limitations/implications

Further investigation into outsourcing procedure and biases are expected to shed further light onto the outsourcing initiative by the parent company. This study drew results from investigation of the SMEs involved. Additional investigation of other SMEs is expected to reveal additional insights.

Originality/value

There is a dearth of literature focusing on exploration of technological outsourcing in low-income developing countries, such as Ethiopia, to build SMEs’ technological capabilities. This research presents insightful contribution to strategic outsourcing to build local technological capability in developing economies.

Details

Strategic Outsourcing: An International Journal, vol. 9 no. 3
Type: Research Article
ISSN: 1753-8297

Keywords

Article
Publication date: 10 December 2021

Ming Lang Tseng, Viqi Ardaniah, Tat-Dat Bui, Jiun-Wei Tseng (Aaron), Ming K. Lim and Mohd Helmi Ali

Sustainable waste management (SWM) leads to human safety by eliminating dangerous substances, increasing cost efficiency and reducing environmental impacts. Integrating social…

Abstract

Purpose

Sustainable waste management (SWM) leads to human safety by eliminating dangerous substances, increasing cost efficiency and reducing environmental impacts. Integrating social, economic and environmental factors is the standard for successfully implementing SWM. However, prior studies have not incorporated the triple bottom line with technological performance and occupational safety in establishing SWM. To drive sustainability in waste management, this study aims to provide a set of SWM attributes and identify a causality model based on the interrelationships among the attributes.

Design/methodology/approach

This study used the Delphi method to list the relevant attributes and the decision-making trial and evaluation laboratory (DEMATEL) involving 18 experts from the medical and health-care industry to present the interrelationships indicating the group of cause–effect attributes of SWM.

Findings

The study selected 5 aspects and 20 criteria as the relevant attributes of SWM. The cause group consists of environmental impacts and occupational safety, with positive values of 27.031 and 24.499, respectively. The effect group includes technological performance, economic performance and social performance. In particular, the challenges and practices of technological performance are linked to environmental impacts and occupational safety.

Practical implications

The top four criteria for industrial improvement are green practices, government policy and rules, the awareness of workers and waste separation and collection. These results present deeper insights into theoretical and managerial implications.

Originality/value

This study contributes to addressing the challenges and practices of SWM in technological performance leading to environmental impacts and occupational safety. Studies on the technological performance aspect in the causality relationships between environmental impacts and occupational safety are lacking. This study describes SWM using qualitative information and quantitative data.

Details

Management of Environmental Quality: An International Journal, vol. 33 no. 2
Type: Research Article
ISSN: 1477-7835

Keywords

Article
Publication date: 14 February 2020

Varun Mahajan

The purpose of this paper is to empirically study the impact of product patent regime on the productivity of different categories such as ownership, R&D, size and product-wise of…

Abstract

Purpose

The purpose of this paper is to empirically study the impact of product patent regime on the productivity of different categories such as ownership, R&D, size and product-wise of Indian pharmaceutical firms using non-parametric data envelopment analysis.

Design/methodology/approach

The present study has applied Ray and Desli’s Malmquist productivity index and its decomposition to measure total factor productivity (TFP) change, pure technical efficiency change, scale efficiency change and technical change under variable returns to scale (VRS) technology assumption for 141 Indian pharmaceutical firms during 2000-2001 to 2014-2015.

Findings

The study found the negligible impact of product patent regime on productivity. The technological change has played a positive role in the growth of productivity, whereas technical efficiency change depicts the judicious utilization of resources for improving performance. From the results, it is found that R&D intensive firms depict better stability in the TFP than the non-R&D firms. However, Granger causality between R&D and productivity found no relationship. Productivity is more directly affected by investment in fixed assets rather than in R&D, which focusses on incremental value additions in a largely branded/plain generic product market. In case of ownership, private foreign firms found to have registered progress in TFP while others have recorded marginal regress, which probably could be attributed to the superior marketing and management skills of the foreign firms, besides possessing proprietary technology. Both small and large firms have shown positive growth in the new regime as compared to the pre-patent regime. These small firms are able to compete with large firms because of their up-gradation of the technological base by improving access to better foreign technology. TFP growth for all the firms can be attributed to improvement in technology, and innovation in terms of high capital-output ratio. Further, the paper tried to identify the determinants of productivity from panel random effect regression, and it is found that export intensity, age and the new patent regime have negative and significant relationship with productivity, whereas other variables such as R&D, ownership, size and capital imports are insignificant. In the end, the results of sensitivity analysis have confirmed the validity of the selected variables.

Practical implications

The results suggest that Indian pharmaceutical firms need substantive improvement in TFP by improving managerial and scale efficiency. Indian pharmaceutical industry (IPI) needs to improve productivity across the network and drive cost excellence initiatives across the spend base through operational excellence and digital initiatives. The results of this paper can be applied in framing policies for future growth and improvement in the productivity of IPI.

Originality/value

The paper aims to make several new contributions to the existing literature. Most of the research papers only analysed TFP of the industry as a whole and detailed firm-wise analysis is needed to capture the true impact at a unit level. This study has analysed the impact of different categories such as ownership, R&D, size and product-wise, and determinants of productivity. The study has used a broader time period and larger panel data to predict the better picture.

Details

Indian Growth and Development Review, vol. 13 no. 1
Type: Research Article
ISSN: 1753-8254

Keywords

Article
Publication date: 2 March 2010

R.N. Joshi and S.P. Singh

The Indian garment industry has witnessed a significant change since the inception of the New Textile Policy 2000 that suggests removing the industry from the list of small‐scale…

2756

Abstract

Purpose

The Indian garment industry has witnessed a significant change since the inception of the New Textile Policy 2000 that suggests removing the industry from the list of small‐scale industries with a view to improving its competitiveness in the global market. As productivity is the driving factor in enhancing the competitiveness of any decision‐making entity (firm), a study of total factor productivity (TFP) and its sources can provide vital inputs to a firm for improving its competitiveness. Keeping this as a backdrop, the paper attempts to measure the TFP in the Indian garment‐manufacturing firms; identify sources of the TFP; and suggest measures for the firms to enhance their productivity.

Design/methodology/approach

The study is based on the firm‐level panel data collected from the Centre for Monitoring Indian Economy for the years 2002‐2007. One output variable, namely, gross sale and four input variables, namely, net fixed assets, wages & salaries, raw material, and energy & fuel, have been selected. The DEA‐based Malmquist Productivity Index (MPI) approach has been applied to measure the TFP.

Findings

The Indian garment industry has achieved a moderate average TFP growth rate of 1.7 per cent per annum during the study period. The small‐scale firms are found to be more productive than the medium‐ and large‐scale firms. The decomposition of TFP growth into technical efficiency change (catch‐up effect) and technological change (frontier shift) reveals that the productivity growth is contributed largely by technical efficiency change rather than by technological change.

Originality/value

Earlier studies on the Indian garment industry have applied the partial factor productivity approach, which has several limitations. This paper measures the TFP and identifies its sources through applying a non‐parametric DEA‐based MPI approach. Through this approach, the productivity growth is decomposed into technical efficiency change and technological change. Further, an attempt has also been made to study the variation in the productivity growth rates across location, scale‐size and type of garments.

Details

Journal of Fashion Marketing and Management: An International Journal, vol. 14 no. 1
Type: Research Article
ISSN: 1361-2026

Keywords

Open Access
Article
Publication date: 29 January 2021

Orlando Troisi, Anna Visvizi and Mara Grimaldi

The purpose of this paper is to explore the emergence of innovation in smart service systems to conceptualize how actor’s relationships through technology-enabled interactions can…

2925

Abstract

Purpose

The purpose of this paper is to explore the emergence of innovation in smart service systems to conceptualize how actor’s relationships through technology-enabled interactions can give birth to novel technologies, processes, strategies and value. The objectives of the study are: to detect the different enablers that activate innovation in smart service systems; and to explore how these can lead dynamically to the emergence of different innovation patterns.

Design/methodology/approach

The empirical research adopts an approach based on constructivist grounded theory, performed through observation and semi-structured interviews to investigate the development of innovation in the Italian CTNA (Italian acronym of National Cluster for Aerospace Technology).

Findings

The identification and re-elaboration of the novelties that emerged from the analysis of the Cluster allow the elaboration of a diagram that classifies five different shades of innovation, introduced through some related theoretical propositions: technological; process; business model and data-driven; social and eco-sustainable; and practice-based.

Originality/value

The paper embraces a synthesis view that detects the enabling structural and systems dimensions for innovation (the “what”) and the way in which these can be combined to create new technologies, resources, values and social rules (the “how” dimension). The classification of five different kinds of innovation can contribute to enrich extant research on value co-creation and innovation and can shed light on how given technologies and relational strategies can produce varied innovation outcomes according to the diverse stakeholders engaged.

Details

Journal of Business & Industrial Marketing, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 0885-8624

Keywords

Article
Publication date: 7 November 2016

Amir Moradi-Motlagh, Christine Jubb and Keith Houghton

Facing budgetary challenges, successive Australian Governments have chosen to proportionally reduce public expenditure on universities relative to levels of activity in both…

Abstract

Purpose

Facing budgetary challenges, successive Australian Governments have chosen to proportionally reduce public expenditure on universities relative to levels of activity in both teaching and research. The question asked in this paper is whether Australia’s universities increased their efficiency in a manner consistent with the demands of government to provide productivity “dividends” or efficiencies?

Design/methodology/approach

Using archival data for 37 Australian universities from 2007 to 2013, this paper examines changes in productivity of university groups and individual institutions using the data envelopment analysis technique.

Findings

Results show a statistically significant system-wide (or technological) productivity improvement of 15.2 per cent from 2007 to 2013, but there was little average individual institutional change in efficiency. Productivity improvements were clearly observable for the Group of 8 institutions with an improvement of 25.1 per cent.

Research limitations/implications

Universities, like other public sector bodies, can both improve individually and as an overall system. The system has improved greatly in terms of productivity at higher levels than may be anticipated.

Originality/value

Using data contemporaneous with a period of great change in university funding and sector competition, this study reveals how some universities benefited, whereas others struggled to maintain their relative position.

Details

Pacific Accounting Review, vol. 28 no. 4
Type: Research Article
ISSN: 0114-0582

Keywords

Article
Publication date: 6 January 2021

Ashiq Mohd Ilyas and S. Rajasekaran

This paper aims to measure the change and the sources of change in total factor productivity (TFP) of the Indian non-life insurance sector over the period 2005–2016.

Abstract

Purpose

This paper aims to measure the change and the sources of change in total factor productivity (TFP) of the Indian non-life insurance sector over the period 2005–2016.

Design/methodology/approach

This study employs the bootstrapped Malmquist index (MI) to assess the changes in the TFP and adopts a decomposition approach proposed by Balk and Zofío (2018). Moreover, it utilises truncated regression to identify the determinants of the TFP. In addition, it employs Wilcoxon-W test and t-test to scrutinise the difference between the state-owned and the private insurers in terms of variations in TFP and its various components.

Findings

The results divulge a miniature improvement in TFP of the insurance sector, which is primarily attributable to the improvement in scale efficiency (economies of scale). The results also reveal that there are no significant TFP differences across the ownership. However, private insurers have better scale efficiency and lower input-mix efficiency than state-owned insurers. In addition, the results unveil that size, diversification and reinsurance have a negative impact on the TFP, while age has a positive impact on it.

Practical implications

The results may help the policymakers to frame new consolidation policies. Moreover, the findings may guide the decision-makers of the Indian non-life insurance companies to abate inefficiency and improve TFP.

Originality/value

This study estimates bias-corrected changes in TFP and efficiency in the non-life insurance sector. Moreover, it adopts an elaborated decomposition of the MI to identify the true sources of change in the TFP.

Details

International Journal of Emerging Markets, vol. 17 no. 6
Type: Research Article
ISSN: 1746-8809

Keywords

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