bluuebunny/crossref_metadata_2025_split huggingface dataset:
The relationship between strategic orientations and firm performance and the role of innovation: a meta-analytic assessment of theoretical models
Authors: Reyes-Gómez Juan David , López Pilar , Rialp Josep 
Published: January 2024

PurposeThe purpose of this paper is to assess the validity and utility of two theoretical approaches to understanding the relationship between strategic orientations, innovation and firm performance and to examine the role of innovation in the relationship while avoiding circular arguments. The universalistic approach suggests that strategic orientations have independent and parallel effects on firms’ performance, and that innovation does not influence this relationship. The holistic approach proposes that strategic orientations in a complementary and interrelated view have both direct and indirect effects on firms’ performance through innovation.Design/methodology/approachA meta-analytic path analysis applying two-stage structural equation modeling (TSSEM) was conducted on data from 132 primary studies and 33,063 observations.FindingsThe holistic approach was demonstrated to be superior due to its more explanatory power in linking more complex relationships through simultaneous direct and indirect effects and its capacity for including the interrelatedness and complementarity of strategic orientations. It was found that innovation has a full mediating role in the relationship between entrepreneurial orientation (EO) and firm performance, and a partial mediating role in the relationship between market orientation (MO) and learning orientation (LO) and firm performance.Research limitations/implicationsThe study used observed variables instead of latent variables for meta-analytic path analysis, which may reduce some sources of endogeneity. However, causal inference is not possible due to the nature of meta-analysis. The scope of the final sample was limited by some studies not reporting the estimates of correlations between constructs.Practical implicationsManagers can improve an organization's chances of success in the marketplace by adopting a holistic view of strategic orientations focusing on customer satisfaction, learning from the external environment and pursuing new market opportunities. Furthermore, an organization can gain a competitive advantage through innovation by creating products and services that are different from what is currently available in the market. To be successful, an organization must not only create innovative products and services but also market them effectively to consumers.Originality/valueThis study is the first to meta-analytically assess the explanatory value of two theorized models linking strategic orientations, innovation and firm performance. It also clarifies the role of innovation in the relationship between strategic orientations and firm performance.
The US government customer concentration and the firm innovation
Authors: Na HyunJun 
Published: January 2024

PurposeThis study examines the impact of the US government customer concentration and product innovation in supplier firms. The US government customer concentration is defined as the proportion of sales made by a supplier firm to the US government as a major customer. To measure product innovation, the author uses two key metrics: the number of patents and the novelty of the patents. The results indicate that a supplier firm’s relationship with the US government, as measured by the tenure of the relationship, has a significant impact on product innovation. Furthermore, the author shows that changes in the composition of the US government, Senate can also affect the level of innovation in supplier firms.Design/methodology/approachThis study employs the Compustat’s Segment Customer database and the National Bureau of Economic Research (NBER) Patent Citation database to gather information regarding patents granted by the United States Patent and Trademark Office (USPTO). The author also incorporates data from US Congressional committees from the 96th to 115th Congresses to assess the effect of changes in seniority of US senators on influential committees on the firm’s innovation. For a robustness test, the author utilizes a propensity score matched analysis.FindingsThe author demonstrates that a firm’s dependence on the US government as a customer channel for an extended period negatively impacts the firm’s innovation efficiency, as measured by the number of patents, citations and novelty of the patents. In addition, the author provides evidence that changes in the seniority of US senators on influential committees have a significant impact on firms located in the same state as the new senior senators. These firms decrease innovative efforts due to the political connections, resulting in lower levels of innovation. These findings are robust after controlling the endogeneity issues. In conclusion, this study contributes to the existing literature by offering insight into the relationship between customer concentration and firm innovation. The findings highlight the importance of considering the relationship between firms and their customer base in determining innovation outcomes.Originality/valueThis study demonstrates that a heavy reliance on the US government as a customer channel has a detrimental impact on a firm’s innovation efficiency. Furthermore, the author analyzes the exogenous shock of changes in the seniority of US senators on the relationship between customer dependence and innovation. By utilizing a propensity matched sample, the author addresses endogeneity concerns and provides robust evidence for empirical findings. In conclusion, this study sheds light on the complex relationship between customer dependence and firm innovation, particularly in the context of the US government as a sales channel.
Effect of the fit between situational regulatory focus and feedback focus on customers' co-design behavior
Authors: Zhou Xinxue , Tang Jian , Wang Tianmei 
Published: January 2024

PurposeCustomers' co-design behavior is an important source of knowledge for product innovation. Firms can regulate the focus of information interaction with customers to set goals and motivate their co-design behavior. Drawing on regulatory fit theory and construal level theory, the authors build a research model to study whether the fit between the regulatory focus of firms' task invitations (promotion focus vs prevention focus) and their feedback focus (self-focused vs other-focused) can enhance co-design behavior by improving customers' experiences (perceived meaning, active discovery and perceived empowerment).Design/methodology/approachThe authors conducted two online between-subjects experiments to validate the proposed research model.FindingsThe two online experiments reveal that customers' experiences are enhanced when the feedback focus is congruent with the regulatory focus of the firm's task invitations. Specifically, self-focused feedback has a stronger positive effect on customers' experiences in the prevention focus context. Other-focused feedback has a stronger positive effect on customers' experiences in the promotion focus context. Moreover, customers' experience significantly and positively affects co-design behavior (i.e. co-design effort and knowledge contribution).Originality/valueThis work provides theoretical and practical implications for firms to improve the effectiveness of information interaction with their customers and eventually ensure the sustainability of co-design.
Modelling the effect of macroeconomic factors on residential real estate investment returns in Abuja and Lagos, Nigeria
Authors: Agava Halim Yusuf , Gamu Faoziah Afolashade 
Published: January 2024

PurposeThis study evaluated the effect of macroeconomic factors on residential real estate (RE) investment returns in the cities of Abuja and Lagos, Nigeria, with a view to guiding RE investors and researchers.Design/methodology/approachA survey research design was employed using a questionnaire to collect RE transaction data from 2008 to 2022 from estate surveying and valuation firms in the study areas. Rental and capital value data collected were used to construct rental and capital value indices and total returns on investment. The macroeconomic data used were retrieved from the archives of the Central Bank of Nigeria (CBN). Granger causality (GC) and multiple regression models were adopted to evaluate the effect of selected macroeconomic variables on residential RE investment returns in the study areas.FindingsThe study found a progressive upward movement in rental and capital values of residential RE investment in the study areas within the study period. Total and risk-adjusted returns on investment were equally positive within the study period. Only the inflation rate, unemployment rate and real gross domestic product (GDP) per capita were found to be the major determinants of residential RE investment returns in the study areas within the study period.Research limitations/implicationsThe secrecy associated with property transaction information/data by RE practitioners in the study areas posed a challenge. Property transaction data were not adequately kept in a way for easier access and retrieval in many of the estate firms and agent offices. Consequently, there was a lack of data that spanned the study period in some of the sampled estate firms or agent offices. This data collection challenge was, however, overcome by the excess time spent retrieving the required data for this study to ensure that the findings appropriately answer the research questions.Practical implicationsInflation and GDP per capita have been found to be significant factors that influence residential RE investment performance in the study areas. Therefore, investors should pay attention to these identified macroeconomic factors for residential RE investment in the study areas whilst making investment decisions in order to mitigate a possible loss of income or return. The government should formulate and implement economic policies that would address the current high unemployment and inflation rates in Nigeria at large.Originality/valueThis study has extended and further enriched the existing body of knowledge in the field of RE investment analysis in Nigeria. To the best of the authors' knowledge, this study is the first to adopt the Cornish Fisher value-at-risk and modified Sharpe ratio models to analyse risk and risk-adjusted returns on residential RE investment, respectively, in Nigeria. It has therefore redirected the focus of RE researchers and practitioners to a more objective approach to RE investment performance analysis in Nigeria.
Stewardship regulation and institutional investors' preference for investee governance quality
Authors: Routledge James 
Published: January 2024

PurposeThis paper examines whether the adoption of Japan’s Stewardship Code by institutional investors influences their preference for investee companies' governance quality. The Code, introduced by the Financial Services Agency in 2014, promotes constructive engagement between institutional investors and investee companies. Engagement with investees should improve institutional investors' ability to assess governance quality across their portfolios. The paper examines if this results in a positive relationship between the levels of Code-compliant institutional shareholding and investee governance quality.Design/methodology/approachThe association between Code-compliant institutional shareholding levels and a governance quality score is examined for Nikkei 500 companies.FindingsA positive association is observed between shareholdings by Code-compliant institutional investors and investee governance, with board independence playing a key role. Analysis shows that the association between institutional shareholding and governance is stronger for the Code-compliant shareholding than for overall institutional shareholdings. In addition, no significant relationship is found between the levels of shareholding by non-Code-compliant institutional investors and the governance quality score of investee companies. Taken together, the results suggest that Code adoption strengthens institutional investors' preference for high-quality investee governance.Originality/valueDespite the introduction of stewardship regulation worldwide, there is a scarcity of empirical research that examines its operation. The study contributes to the existing literature by providing insights into how compliance with stewardship regulation influences institutional investor decision-making.
The influence of quality of big data marketing analytics on marketing capabilities: the impact of perceived market performance!
Authors: Haverila Matti Juhani , Haverila Kai Christian 
Published: January 2024

PurposeBig data marketing analytics (BDMA) has been discovered to be a key contributing factor to developing necessary marketing capabilities. This research aims to investigate the impact of the technology and information quality of BDMA on the critical marketing capabilities by differentiating between firms with low and high perceived market performance.Design/methodology/approachThe responses were collected from marketing professionals familiar with BDMA in North America (N = 236). The analysis was done with partial least squares-structural equation modelling (PLS-SEM).FindingsThe results indicated positive and significant relationships between the information and technology quality as exogenous constructs and the endogenous constructs of the marketing capabilities of marketing planning, implementation and customer relationship management (CRM) with mainly moderate effect sizes. Differences in the path coefficients in the structural model were detected between firms with low and high perceived market performance.Originality/valueThis research indicates the critical role of technology and information quality in developing marketing capabilities. The study discovered heterogeneity in the sample population when using the low and high perceived market performance as the source of potential heterogeneity, the presence of which would likely cause a threat to the validity of the results in case heterogeneity is not considered. Thus, this research builds on previous research by considering this issue.
Augmenting the cities’ and metropolitan regional demands for mega rail infrastructure: the application of SWOT and factor analysis
Authors: Mihocic Emma , Gharehbaghi Koorosh , Hilletofth Per , Tee Kong Fah , Myers Matt 
Published: January 2024

PurposeIn successfully meeting city and metropolitan growth, sustainable development is compulsory. Sustainability is a must-focus for any project, particularly for large and mega rail infrastructure. This paper aims to investigate to what degree social, environmental and economic factors influence the government when planning sustainable rail infrastructure projects. To respond to such a matter, this paper focuses on two Australian mega-rail projects: the South West Rail Link (SWRL) and the Mernda Rail Extension (MRE).Design/methodology/approachAs the basis of an experimental evaluation framework strengths, weaknesses, opportunities and threats (SWOT) and factor analysis were used. These two methods were specifically selected as comparative tools for SWRL and SWRL projects, to measure their overall sustainability effect.FindingsUsing factor analysis, in the MRE, the factors of network capacity, accessibility, employment and urban planning were seen frequently throughout the case study. However, politics and economic growth had lower frequencies throughout this case study. This difference between the high-weighted factors is likely a key element that determined the SWRL to be more sustainable than the MRE. The SWOT analysis showed the strengths the MRE had over the SWRL such as resource use and waste management, and natural habitat preservation. These two analyses have shown that overall, calculating the sustainability levels of a project can be subjective, based on the conditions surrounding various analysis techniques.Originality/valueThis paper first introduces SWRL and MRE projects followed by a discussion about their overall sustainable development. Both projects go beyond the traditional megaprojects' goal of improving economic growth by developing and enhancing infrastructure. Globally, for such projects, sustainability measures are now considered alongside the goal of economic growth. Second, SWOT and factor analysis are undertaken to further evaluate the complexity of such projects. This includes their overall sustainable development vision alignment with environmental, economic and social factors.
Separation techniques for manufacturing fruit spirits: From traditional distillation to advanced pervaporation process
Authors: Wang Xiaoqin , Cui Wenwen , Guo Wentao , Sun Baoguo , Huang Mingquan , Li Jinchen , Li Hehe , Meng Nan 
Published: January 2024

AbstractSeparation process is one of the key processes in the production of fruit spirits, including the traditional distillation method and the new pervaporation membrane method. The separation process significantly determines the constituents and proportions of compounds in the fruit spirit, which has a significant impact on the spirit quality and consumer acceptance. Therefore, it is important and complex to reveal the changing rules of chemical substances and the principles behind them during the separation process of fruit spirits. This review summarized the traditional separation methods commonly used in fruit spirits, covering the types, principles, and corresponding equipment of distillation methods, focused on the enrichment or removal of aroma compounds and harmful factors in fruit spirits by distillation methods, and tried to explain the mechanism behind it. It also proposed a new separation technology for the production of fruit spirits, pervaporation membrane technology, summarized its working principle, operation, working parameters, and application in the production of fruit spirits, and outlined the impact of the separation method on the production of fruit spirits based on existing research, focusing on the separation of flavor compounds, sensory qualities, and hazard factors in fruit spirits, along with a preliminary comparison with distillation. Finally, according to the current researches of the separation methods and the development requirement of the separation process of fruit spirits, the prospect of corresponding research is put forward, in order to propose new ideas and development directions for the research in this field.
Drying kinetics prediction and quality effect of ultrasonic synergy vacuum far‐infrared drying of Codonopsis pilosula
Authors: Wang Tongxun , Ying Xinyu , Zhang Qian , Xu Yanrui , Jiang Chunhui , Shang Jianwei , Zang Zepeng , Wan Fangxin , Huang Xiaopeng 
Published: January 2024

AbstractBy using ultrasonic synergy vacuum far‐infrared drying (US‐VFID), the effects of different conditions on the drying kinetics, functional properties, and microstructure of Codonopsis pilosula slices were studied. The sparrow search algorithm (SSA) was used to optimize the back‐propagation (BP) neural network to predict the moisture ratio during drying. With the increase of ultrasonic frequency, power and radiation temperature, the drying time of C. pilosula was shortened. The drying time of US‐VFID was 25% shorter than VFID, when radiation temperature was 50°C, ultrasonic power was 48 W, and frequency was 28 kHz. The SSA‐BP neural network, the average absolute error prediction was 0.0067. Compared with hot air drying (HAD), the total phenolic content and antioxidant activity of C. pilosula by US‐VFID were increased by 29.47% and 8.67%, respectively, and a reduction in color contrast of 16.19%. The dilation and generation of microcapillary of C. pilosula were more obvious. The study revealed US‐VFID could be used for the selection and process control of agro‐processing methods for C. pilosula products.
Effect of edible coatings and films enriched with plant extracts and essential oils on the preservation of animal‐derived foods
Authors: Antonino Claudia , Difonzo Graziana , Faccia Michele , Caponio Francesco 
Published: January 2024

AbstractEdible coatings and films for food preservation are becoming more popular thanks to their environmentally friendly properties and active ingredient‐carrying ability. Their application can be effective in contrasting quality decay by limiting oxidation and deterioration of foods. Many reviews analyze the different compounds with which films and coatings can be created, their characteristics, and the effect when applied to food. However, the possibility of adding plant extracts and essential oils in edible coatings and films to preserve processed animal‐derived products has been not exhaustively explored. The aim of this review is to summarize how edible coatings and films enriched with plant extracts (EXs) and essential oils (EOs) influence the physico‐chemical and sensory features as well as the shelf‐life of cheese, and processed meat and fish. Different studies showed that various EXs and EOs limited both oxidation and microbial growth after processing and during food preservation. Moreover, encapsulation has been found to be a valid technology to improve the solubility and stability of EOs and EXs, limiting strong flavor, controlling the release of bioactive compounds, and maintaining their stability during storage. Overall, the incorporation of EXs and EOs in edible coating and film to preserve processed foods can offer benefits for improving the shelf‐life, limiting food losses, and creating a food sustainable chain.
Preparation, characterization, and release properties of Rosa roxburghii Tratt seed oil and β‐carotene‐coloaded proliposomes
Authors: Bi Huimin , Yang Jianqiu , Jiang Houwei , Fan Fangyu 
Published: January 2024

AbstractRosa roxburghii Tratt seed oil (RSO) and β‐carotene (βC) were chosen to prepare proliposomes by the thin‐film dispersion method. The characteristics of unloaded proliposome, RSO proliposome (L‐R), βC proliposome (L‐β), and RSO/βC proliposome (L‐R‐β) were analyzed, and their antioxidant activity, storage stability, and release properties were investigated. The proliposomes had an encapsulation efficiency (RSO, βC) higher than 83.10%, nanometer size, smooth surface, and irregular structure. L‐R‐β showed better dispersibility, stability, and antioxidant activity than L‐R and L‐β. Simultaneous encapsulation of RSO and βC reduced the phospholipid oxidation of proliposomes and improved the retention rate of RSO in storage environments of 4, 25, and 40°C. Moreover, the RSO and βC release kinetics of proliposomes in the simulated saliva fluid and gastric fluid phases can be described by the first‐order model, and the Korsmeyr–Peppas method was applied to describe their release mechanism in the simulated intestinal fluid phase.