bluuebunny/crossref_metadata_2025_split huggingface dataset:
Divergent goals in supplier-customer co-development process: an integrated framework
Authors: Oinonen Minna , Jalkala Anne Maarit 
Published: April 2015

Purpose– Innovations in business-to-business markets often result from co-development activities between multiple actors, all of which have their own goals for the collaboration. The purpose of this paper is to study how the actors’ divergent goals reflect on their perceptions of the supplier-customer co-development process.Design/methodology/approach– A grounded theory approach is adopted to reveal the actors’ perceptions of eight studied supplier-customer co-development processes, of which, four also involve an expert partner.Findings– The findings suggest that because of the supplier’s aim to commercialize the resulting product, a supplier has a wider ranging perception of the co-development process, whereas the customer and expert partner focus on those phases that support their goals to improve the efficiency of the process or to develop new technology.Practical implications– As each actor operates according to its own goals and is involved in those phases of the process that facilitates their achievement, the study recommends that managers consider each actor’s goals which are reflected on their perception of the co-development.Originality/value– This is among the first studies to focus on the co-development process from multiple perspectives and include data from various actors involved in the process. The paper contributes to the co-development literature both by presenting actors’ divergent perspectives on the process and proposing an empirically grounded dyadic framework of the supplier-customer co-development process.
Business networks along innovation life cycle
Authors: Codini Anna Paola 
Published: April 2015

Purpose– This paper aims to investigate how the relationships among the different actors within the business networks affect the evolution of innovation along the different steps of technology life cycle.Design/methodology/approach– The study is supported by a longitudinal case study referred to a mechanical company operating in the knitting machineries industry. A triangulation method integrating multiple data sources in a multiple method design was used to gather data.Findings– The longitudinal study supports the idea that interactions among the actors within the business networks heavily influence the technology evolution.Research limitations/implications– Although the longitudinal case study reported in this paper refers to a period of time of about 10 years, our findings refer only to a single case study in a specific sector and so they cannot be generalized.Practical implications– This paper provides important guidelines on how to manage the relationships emerging within a business network to influence the new technologies development.Originality/value– The paper contributes to business networks literature, filling the gaps about how the relationships among the actors involved in a network can evolve over time and influence the evolution of technology in itself.
Actors’ roles in interaction and innovation in local systems: a conceptual taxonomy
Authors: Guercini Simone , Runfola Andrea 
Published: April 2015

Purpose– This paper aims to study the role of the focal firm in local communities. In particular, it aims at analyzing such firms’ contribution to innovation, proposing a classification of the interactions and role systems that contribute to determining the innovational impact of focal firms.Design/methodology/approach– This paper presents a concept-based study. The paper starts with a review of the literature to frame the concepts of local network and focal firm. Two key concepts, related to that of interaction, are then discussed: teaching and learning.Findings– The paper proposes a taxonomy of the interactions and the roles systems that the focal firm can establish. The status of focal actor for innovation in a network stems, not from an “a priori” central strategic role on which the actor builds its interactions, but “a posteriori”, from the actor’s previously recognized roles in interactions on which network innovation is based. The local system may or may not be present in the interaction set of the business network. The interactions and roles systems define the type of local system.Research limitations/implications– Research implications regard three main aspects: the different roles in the interactions; the types of actors in the local system; and the types of local systems involved in the processes of innovation.Originality/value– The paper furnishes an original interpretation by focusing on focal firms as leaders in the innovation process, in the attempt to reconcile the “macro” perspective of local systems with the “micro” perspective of the individual firm.
Migration reasons, traits and entrepreneurial motivation of African immigrant entrepreneurs
Authors: Khosa Risimati Maurice , Kalitanyi Vivence 
Published: April 2015

Purpose– This paper aims to investigate migration reasons, traits and entrepreneurial motivation of African immigrant entrepreneurs in Cape Town, South Africa, as there is limited research on immigrant entrepreneurship in South Africa.Design/methodology/approach– The empirical research was conducted under mixed methods paradigm where primary data were gathered from a sample of 93 participants using the convenience sampling technique. Data were gathered through a survey of 72 semi-structured personal interviews and 21 self-administered questionnaires and analysed using SPSS version 21.Findings– The empirical research unveiled that immigrant entrepreneurs migrate into South Africa for different reasons: political instability and economic reasons were the chief reasons for migration. Immigrants engage into necessity entrepreneurship as a need to survive in the host country and to confront discrimination in the job market. Therefore, immigrant entrepreneurs in Cape Town are pushed, rather than pulled, towards entrepreneurship.Practical implications– This paper also suggests further research that will evaluate education levels of immigrant entrepreneurs in South Africa, as there is a controversy about the education levels of immigrant entrepreneurs.Social implications– South Africans need to understand that African foreign entrepreneurs are job creators rather than job takers and to be aware of the skills brought into the country by these entrepreneurs. Accordingly, the current study contributes to peaceful cohabitation between South Africans and African foreign entrepreneurs.Originality/value– This paper provides an empirical analysis of migration reasons, traits and entrepreneurial motivation of African immigrant entrepreneurs in South Africa and also provides an entrepreneurial migration progression.
Australian indigenous women’s seafood harvesting practices and prospects for integrating aquaculture
Authors: Fleming Ann E. , Petheram Lisa , Stacey Natasha 
Published: April 2015

Purpose– The purpose of this study is to explore Australian Indigenous women’s customary use of marine resources and views on aquaculture as a development opportunity. The value participants placed on economic, social and cultural outcomes were explored, as were benefit sharing, governance and business considerations.Design/methodology/approach– Using a form of action research, workshops were conducted with a focus group of Indigenous women and interviews with men and women living on a remote island off northern Australia. Multimedia materials and a game were used to elicit a deeper understanding and facilitate discussion.Findings– Women preferred aquaculture options respectful of culture and accommodating cultural and family obligations, that engage young adults in meaningful work, improve access to sea country and provide local foods and support economic development. Participants placed significant dependence on their governance body to support businesses and expressed disparate views on profit sharing. Women continue to engage in customary harvesting and fishing but various limitations impact on this.Research limitations/implications– Conclusions based on one case study need to be confirmed in other communities. Future research should include a broader representation of youth and strategies to improve people’s understanding of aquaculture operations and business management.Social implications– This research improves our understanding of Indigenous women’s preferred economic development pathways and their advocacy role within the community. These findings are relevant for policy-makers, businesses, other Indigenous communities and researchers.Originality/value– This paper seeks to recognise and integrate Indigenous women’s economic and cultural aspirations within development policy. Such a place-based, gender-based consultative process is generally lacking in the Australian Indigenous policy arena.
Forecasting of housing stock returns and housing prices
Authors: He Ling T. 
Published: April 2015

Purpose– The purpose of this paper is to create an endurance index of housing investor sentiment and use it to forecast housing stock returns. This study performs not only in-sample and out-of-sample forecasting, like many previous studies did, but also a true forecasting by using all lag terms of independent variables. In addition, an evaluation procedure is applied to quantify the quality of forecasts.Design/methodology/approach– Using a binomial probability distribution model, this paper creates an endurance index of housing investor sentiment. The index reflects the probability of the high or low stock price being the close price for the Philadelphia Stock Exchange Housing Sector Index. This housing investor sentiment endurance index directly uses housing stock price differentials to measure housing investor reactions to all relevant news. Empirical results in this study suggest that the index can not only play a significant role in explaining variations in housing stock returns but also have decent forecasting ability.Findings– Results of this study reveal the considerable forecasting ability of the index. Monthly forecasts of housing stock returns have an overall accuracy of 51 per cent, while the overall accuracy of 8-quarter rolling forecasts even reaches 84 per cent. In addition, the index has decent forecasting ability on changes in housing prices as suggested by the strong evidence of one-direction causal relations running from the endurance index to housing prices. However, extreme volatility of housing stock returns may impair the forecasting quality.Practical implications– The endurance index of housing investor sentiment is easy to construct and use for forecasting housing stock returns. The demonstrated predictability of the index on housing stock returns in this study can have broad implications on housing-related business practices through providing an effective forecasting tool to investors and analysts of housing stocks, as well as housing policy-makers.Originality/value– Despite different investor sentiment proxies suggested in the previous studies, few of them can effectively predict stock returns, due to some embedded limitations. Many increases and decreases inn prices cancel out each other during the trading day, as many unreliable sentiments cancel out each other. This dynamic process reveals not only investor sentiment but also resilience or endurance of sentiment. It is only long-lasting resilient sentiment that can be built in the closing price. It means that the only feasible way to use investor sentiment contained in stock prices to forecast future stock prices is to detach resilient investor sentiment from stock prices and construct an index of endurance of investor sentiment.
Regulatory capital and risk of Indian banks: a simultaneous equation approach
Authors: Maji Santi Gopal , De Utpal Kumar 
Published: April 2015

Purpose
– This paper aims to examine the association between regulatory capital and risk of Indian commercial banks and the impacts of other relevant variables on them.

Design/methodology/approach
– The study is based on a secondary data set on Indian commercial banks collected from “Capitaline Plus” corporate database and annual reports of the respective banks. Total 41 major Indian banks (21 public and 20 private sector banks) are considered in this study. Here absolute values of capital and risk are used as dependent variables along with some relevant bank specific explanatory variables in a system of a two-equation model. Based on the nature of interrelationship and identifiability of the equations, three-stage least squares (3SLS) technique is used to estimate the relationship.

Findings
– Risk and capital of Indian commercial banks are inversely associated. The influence of profitability on both capital and risk is significantly positive. Moreover, human capital efficiency is negatively associated with the undertaking of risk by the banks. In this respect, Indian private sector banks are found to be more efficient in utilizing human capital for reducing credit risk.

Originality/value
– It is the first comparative study in India examining the relationship between capital and risk of Indian public and private sector commercial banks covering both Basel I and II periods. Further, the role of human resource in managing risk is considered as a relevant variable in this study.
Corporate governance and transparency: evidence from stock return synchronicity
Authors: Ntow-Gyamfi Matthew , Bokpin Godfred Alufar , Gemegah Albert 
Published: April 2015

Purpose
– The purpose of the study is to examine the influence of corporate governance on the flow of firm-specific information in an emerging market.

Design/methodology/approach
– Synchronicity is estimated under assumptions of contemporaneous and non-contemporaneous relationship between individual stock returns and the market return. Possible thin-trading effect is also corrected using the Dimson’s Beta approach to estimate synchronicity. In the main empirical model, both the Panel-Corrected Standard Errors and the Generalized Least Square estimations were used to provided robust evidence of governance influencing transparency.

Findings
– Corporate governance was found to broadly influence the release of firm-specific information in a relatively opaque market through the information environment. However, no evidence in support of the “auditor-reputation effects” theory was found. As well, CEO duality does not create an individual powerful enough to reduce the monitoring role of boards. We further document the presence of noise trading on the Ghana Stock Exchange.

Practical implications
– This study suggests that specific corporate mechanism practices have implications for stock selection in a relatively high information asymmetry Capital Market. Investors require transparency; hence, firms with governance mechanisms that elicit such transparency are likely to attract investors.

Originality/value
– This study is the first to examine the relationship between governance and transparency while using stock return synchronicity as a proxy for transparency in an emerging Ghanaian Capital Market.
An additional analysis on operating leverage estimation methods
Authors: Stelk Steven , Park Sang Hyun , Dugan Michael T 
Published: April 2015

Purpose
– This paper aims to identify the more accurate method of estimating a firm’s degree of operating leverage (DOL) between two popular DOL estimation techniques: that proposed by Mandelker and Rhee (M&R), and that proposed by O’Brien and Vanderheiden (O&V).

Design/methodology/approach
– O’Brien and Vanderheiden argue that M&R measure growth in operating earnings relative to the growth in sales rather than DOL. The authors estimate the relative growth estimate, RGE, from the O&V technique (operating earnings growth rate/sales growth rate) and compare this with the DOL estimates from the M&R technique to see if they are similar.

Findings
– The authors find that the DOL estimates from the M&R method are indistinguishable from the relative growth estimates from the O&V method, providing the first direct evidence that O&V’s critique is correct. The M&R DOL estimates primarily measure the growth in operating earnings relative to the growth in sales, not DOL.

Originality/value
– A firm’s DOL is a determinant of its common stock’s systematic risk, which determines a firm’s equity cost of capital. The equity cost of capital is a fundamental part of capital budgeting, capital structure and stock price analysis. Accurately estimating a firm’s DOL is important to researchers and corporate financial managers. Existing diversity in DOL estimation techniques raises questions about the validity of various techniques and limits comparability of existing studies. This paper demonstrates why the O&V technique should be used in place of the M&R method.
Facilities management innovation in public-private collaborations
Authors: Nardelli Giulia , Jensen Jesper Ole , Nielsen Susanne Balslev 
Published: April 2015

Purpose– The purpose of this article is to investigate how facilities management (FM) units navigate Energy Service Company (ESCO) collaborations, here defined as examples of public collaborative innovation within the context of FM. The driving motivation is to inform and inspire internal FM units of local institutions on how to navigate and manage collaboration of different, intra- and inter-organisational actors throughout ESCO projects.Design/methodology/approach– A deductive research methodology was applied based on the first ten ESCO projects in Danish municipalities between 2008 and 2012.Findings– A model of FM roles in FM public innovation is proposed. The internal FM unit coordinates between clients and end users by acting as translator and demonstrator and collaborates with the ESCO company to implement the energy renovation (FM processor).Research limitations/implications– The data were collected from a limited sample of ESCO collaborations in Denmark. Future research should thus investigate collaborative innovation in ESCO (and other forms of private–public) collaborations outside of Denmark.Practical implications– Not only should FM units clarify what different stakeholders expect from an ESCO collaboration, but also they should translate stakeholders’ expectations into actual goals and objectives; process them together with the ESCO company; demonstrate their execution to all stakeholders throughout the process, not just when closing the collaboration.Originality/value– This paper contributes to FM innovation research by exploring FM innovation in the public sector and by depicting the coordinating role of local governments’ internal FM units engaging in public–private collaborative innovation.
Evaluating key risk factors for PPP water projects in Ghana: a Delphi study
Authors: Ameyaw Ernest Effah , Chan Albert P.C. 
Published: April 2015

Purpose– This paper aims to report on the partial findings of a research project on risk allocation in public–private partnership (PPP) water projects. It identifies risk factors encountered in PPP water infrastructure projects, evaluates their associated risk levels and presents an authoritative risk factor list to assist the sector institutions to understand the important risks associated with such projects in Ghana.Design/methodology/approach– A ranking-type Delphi survey was conducted to develop a rank-order list of critical risk factors.Findings– Twenty critical risk factors with high impact on water PPPs were established. The top-five risks relate to foreign exchange rate, corruption, water theft, non-payment of bills and political interference.Originality/value– Being the pioneering study, it holds implications for practitioners. By prioritising the risks according to their relative impacts on the success of water PPP projects, public and private participants will become more aware of and leverage efforts and scarce resources to address those significant factors with serious consequences on projects objectives. The paper adopts a research approach that can be used by future researchers in similar environments where PPP is novel and experts are hard to find.
Consumer attitudes towards luxury fashion apparel made in sweatshops
Authors: Phau Ian , Teah Min , Chuah Joe 
Published: April 2015

Purpose– The purpose of this paper is to examine how attitudes towards sweatshops, social norms and perceived behavioural control (PBC) factors influence consumers’ attitudes towards luxury fashion apparel made in sweatshops. It also examines how these variables influence purchase intention and ultimately the willingness to pay more for luxury fashion apparel not made in sweatshops.Design/methodology/approach– A self-administered questionnaire was designed using established scales. A survey was conducted through the “mall intercept” method.Findings– Underpinned by the theory of planned behaviour (TPB) model, attitudes and PBC were found to have an influence on intention to purchase luxury fashion apparel made in sweatshops. The intention to purchase luxury fashion apparel also significantly influences the willingness to pay more for luxury fashion apparel not made in sweatshops.Practical implications– The research findings can be used to formulate strategies for academia, practitioners and, more importantly, policy makers to help curb sweatshop activities.Originality/value– This paper focuses exclusively on luxury fashion apparels made in sweatshops. Status consumption is also added as a potential antecedent towards purchase intention.
Effects of store attributes on retail patronage behaviors
Authors: Chang Hyo Jung , Cho Hyeon Jeong , Turner Thomas , Gupta Megha , Watchravesringkan Kittichai 
Published: April 2015

Purpose– The purpose of this paper is to identify selected store attributes of activewear specialty retailers that impact consumers’ satisfaction, which in turn influence word-of-mouth (WOM) and retail patronage behavior.Design/methodology/approach– Using an on-site store intercept, 150 responses were collected to answer hypothesized relationships. An exploratory factor analysis was first performed followed by a confirmatory factor analysis and a structural equation analysis.Findings– Results revealed that sales employees and store atmosphere attributes of activewear specialty stores had a positive influence on consumer satisfaction, which in turn had a direct impact on WOM and repatronage intentions for activewear specialty stores. Therefore, in order to satisfy consumers, activewear specialty retailers need to ensure that they provide an attractive and pleasant shopping atmosphere. Furthermore, satisfied consumers are likely to spread positive WOM about the retailer and display their intention to revisit the store in the future. The authors conclude by discussing the results and suggest implications and future research directions.Originality/value– The findings of this research shed light on the managerial implications for activewear specialty retailers with regards to marketing strategies and consumers’ attitudes.