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1 – 10 of 112This study aims to explore the mediating effect of digital options on the relationship between emerging information technology investments (ITIs) and firm performance (FP). In…
Abstract
Purpose
This study aims to explore the mediating effect of digital options on the relationship between emerging information technology investments (ITIs) and firm performance (FP). In particular, it analyses the performance impacts of investments in five emerging technologies of IT or non-IT firms.
Design/methodology/approach
Secondary data are collected from Chinese A-share listed companies from 2010 to 2018. The authors propose an econometric model focusing on the impact of ITIs on a firm’s market value and profit. A propensity score matching model is applied to control endogeneity.
Findings
The ITIs’ effect on FP is found to be completely mediated by digital options, and the reach of digital options plays a more positive role in the relationship between ITIs and Tobin’s Q, whereas the richness of digital options is stronger between ITIs and return on net assets (ROE). The group study shows that the impact of process technologies such as cloud computing and the Internet of Things has a more profound impact on Tobin’s Q, and the knowledge technologies represented by artificial intelligence, blockchain and big data strongly affect ROE. In addition, the positive relationship between ITIs and FP is unrelated to IT/non-IT firms.
Research limitations/implications
First, the data are based on 219 publicly announced emerging ITIs in China and thus may not be generalizable to other cultural/national contexts. Second, there is a lack of a large sample data set of emerging ITI information in China, and the duration of this study is constrained to the relatively short rise of emerging technologies.
Practical implications
This study provides firm decision-makers with practical implications. The results imply that the effect of ITIs on FP depends on digital options, so both IT firms (e.g., Big Tech giants) and non-IT firms (e.g., incumbents) should discover how to balance firm value and profit in their management of emerging technology investment projects with digital options thinking.
Originality/value
To the best of the authors’ knowledge, this is the first empirical study to investigate the relationship between ITIs and FP from the perspective of digital options, exploring five emerging technologies and considering firm life, size, and state ownership in a sample of Chinese listed firms.
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Yan Kan, Hao Li, Zhengtao Chen, Changjiang Sun, Hao Wang and Joachim Seidelmann
This paper aims to propose a stable and precise recognition and pose estimation method to deal with the difficulties that industrial parts often present, such as incomplete point…
Abstract
Purpose
This paper aims to propose a stable and precise recognition and pose estimation method to deal with the difficulties that industrial parts often present, such as incomplete point cloud data due to surface reflections, lack of color texture features and limited availability of effective three-dimensional geometric information. These challenges lead to less-than-ideal performance of existing object recognition and pose estimation methods based on two-dimensional images or three-dimensional point cloud features.
Design/methodology/approach
In this paper, an image-guided depth map completion method is proposed to improve the algorithm's adaptability to noise and incomplete point cloud scenes. Furthermore, this paper also proposes a pose estimation method based on contour feature matching.
Findings
Through experimental testing on real-world and virtual scene dataset, it has been verified that the image-guided depth map completion method exhibits higher accuracy in estimating depth values for depth map hole pixels. The pose estimation method proposed in this paper was applied to conduct pose estimation experiments on various parts. The average recognition accuracy in real-world scenes was 88.17%, whereas in virtual scenes, the average recognition accuracy reached 95%.
Originality/value
The proposed recognition and pose estimation method can stably and precisely deal with the difficulties that industrial parts present and improve the algorithm's adaptability to noise and incomplete point cloud scenes.
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Nadia A. Abdelmegeed Abdelwahed and Abdul Wahid Zehri
In this study, the researchers explored the influence of service quality-related constructs on patients’ satisfaction with Egyptian health-care centers.
Abstract
Purpose
In this study, the researchers explored the influence of service quality-related constructs on patients’ satisfaction with Egyptian health-care centers.
Design/methodology/approach
In this study, the researchers used a quantitative approach and concluded the study based on 316 valid cases collected from patients of Egyptian health-care centers.
Findings
Using path analysis with analysis of moment structures (AMOS), this study's results demonstrate that reliability and responsiveness, empathy, nursing care and medical care positively affect patients' satisfaction. On the other hand, the tangibles have a negative effect on patient satisfaction.
Practical implications
This study’s findings benefit policymakers by shaping evidence-based policies. Health-care managers can implement strategies that prioritize the identified factors and can foster a more patient-centric and effective health-care system. Also, this study’s findings guide health-care institutes to maintain human rights by serving poor and needy patients. More generally, this study's outcomes enrich the depth of the domain literature.
Originality/value
This study’s findings add to the existing knowledge and fill contextual gaps by confirming patients’ satisfaction with the service quality of Egyptian health-care centers.
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Xiaohua Shi, Chen Hao, Ding Yue and Hongtao Lu
Traditional library book recommendation methods are mainly based on association rules and user profiles. They may help to learn about students' interest in different types of…
Abstract
Purpose
Traditional library book recommendation methods are mainly based on association rules and user profiles. They may help to learn about students' interest in different types of books, e.g., students majoring in science and engineering tend to pay more attention to computer books. Nevertheless, most of them still need to identify users' interests accurately. To solve the problem, the authors propose a novel embedding-driven model called InFo, which refers to users' intrinsic interests and academic preferences to provide personalized library book recommendations.
Design/methodology/approach
The authors analyze the characteristics and challenges in real library book recommendations and then propose a method considering feature interactions. Specifically, the authors leverage the attention unit to extract students' preferences for different categories of books from their borrowing history, after which we feed the unit into the Factorization Machine with other context-aware features to learn students' hybrid interests. The authors employ a convolution neural network to extract high-order correlations among feature maps which are obtained by the outer product between feature embeddings.
Findings
The authors evaluate the model by conducting experiments on a real-world dataset in one university. The results show that the model outperforms other state-of-the-art methods in terms of two metrics called Recall and NDCG.
Research limitations/implications
It requires a specific data size to prevent overfitting during model training, and the proposed method may face the user/item cold-start challenge.
Practical implications
The embedding-driven book recommendation model could be applied in real libraries to provide valuable recommendations based on readers' preferences.
Originality/value
The proposed method is a practical embedding-driven model that accurately captures diverse user preferences.
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Chuyu Tang, Hao Wang, Genliang Chen and Shaoqiu Xu
This paper aims to propose a robust method for non-rigid point set registration, using the Gaussian mixture model and accommodating non-rigid transformations. The posterior…
Abstract
Purpose
This paper aims to propose a robust method for non-rigid point set registration, using the Gaussian mixture model and accommodating non-rigid transformations. The posterior probabilities of the mixture model are determined through the proposed integrated feature divergence.
Design/methodology/approach
The method involves an alternating two-step framework, comprising correspondence estimation and subsequent transformation updating. For correspondence estimation, integrated feature divergences including both global and local features, are coupled with deterministic annealing to address the non-convexity problem of registration. For transformation updating, the expectation-maximization iteration scheme is introduced to iteratively refine correspondence and transformation estimation until convergence.
Findings
The experiments confirm that the proposed registration approach exhibits remarkable robustness on deformation, noise, outliers and occlusion for both 2D and 3D point clouds. Furthermore, the proposed method outperforms existing analogous algorithms in terms of time complexity. Application of stabilizing and securing intermodal containers loaded on ships is performed. The results demonstrate that the proposed registration framework exhibits excellent adaptability for real-scan point clouds, and achieves comparatively superior alignments in a shorter time.
Originality/value
The integrated feature divergence, involving both global and local information of points, is proven to be an effective indicator for measuring the reliability of point correspondences. This inclusion prevents premature convergence, resulting in more robust registration results for our proposed method. Simultaneously, the total operating time is reduced due to a lower number of iterations.
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Peng Wu, Heng Su, Hao Dong, Tengfei Liu, Min Li and Zhihao Chen
Robotic arms play a crucial role in various industrial operations, such as sorting, assembly, handling and spraying. However, traditional robotic arm control algorithms often…
Abstract
Purpose
Robotic arms play a crucial role in various industrial operations, such as sorting, assembly, handling and spraying. However, traditional robotic arm control algorithms often struggle to adapt when faced with the challenge of dynamic obstacles. This paper aims to propose a dynamic obstacle avoidance method based on reinforcement learning to address real-time processing of dynamic obstacles.
Design/methodology/approach
This paper introduces an innovative method that introduces a feature extraction network that integrates gating mechanisms on the basis of traditional reinforcement learning algorithms. Additionally, an adaptive dynamic reward mechanism is designed to optimize the obstacle avoidance strategy.
Findings
Validation through the CoppeliaSim simulation environment and on-site testing has demonstrated the method's capability to effectively evade randomly moving obstacles, with a significant improvement in the convergence speed compared to traditional algorithms.
Originality/value
The proposed dynamic obstacle avoidance method based on Reinforcement Learning not only accomplishes the task of dynamic obstacle avoidance efficiently but also offers a distinct advantage in terms of convergence speed. This approach provides a novel solution to the obstacle avoidance methods for robotic arms.
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Drawing on power approach-inhibition theory, this study develops a conditional indirect effect model to explore how team vertical leader position and expert power indirectly…
Abstract
Purpose
Drawing on power approach-inhibition theory, this study develops a conditional indirect effect model to explore how team vertical leader position and expert power indirectly impact members’ shared leadership through vertical leader’s empowering behaviors.
Design/methodology/approach
Multi-source data was collected using a field survey research design. The final sample includes 944 employees in 164 teams from 14 companies in China.
Findings
This study found that the interaction of team vertical leader position power and expert power was positively related to their empowering behaviors, which in turn were positively associated with shared leadership. Moreover, our post hoc-analysis revealed the moderating effect of team power distance orientation on the relationship between vertical leader empowering behaviors and shared leadership.
Originality/value
This study sheds light on shared leadership literature by examining vertical leader position and expert power as antecedents. We also offer new directions for exploring how power functions by discussing leadership through the lens of power approach-inhibition theory.
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The purpose of this paper is to explore the factors that influence migrant workers' household registration transfer willingness at both individual and urban levels and to provide…
Abstract
Purpose
The purpose of this paper is to explore the factors that influence migrant workers' household registration transfer willingness at both individual and urban levels and to provide empirical evidence on adjusting the household registration system to accommodate economic development and migrant workers' imbalances.
Design/methodology/approach
This paper adopts a hierarchical nonlinear model and examines individual and urban influencing factors of migrant workers' household registration transfer willingness, based on the data from China Migrants Dynamic Survey (CMDS) and the Urban Statistical Yearbooks.
Findings
This paper shows that: (1) multi-factors, such as age, education, marital status, household demographics, industry and migrant workers' contract coverage, have significant effects on migrant workers' household registration transfer willingness; (2) The urban public service equalization indicators, such as regional economic, educational resources, medical care and ecological quality, have significant effects on migrant workers' willingness to transfer household registration; (3) The heterogeneity of migrant workers' willingness to transfer household registration is significant in central, eastern and western China.
Research limitations/implications
The authors provide a fresh perspective on population migration research in China and other countries worldwide based on the pull–push migration theory, which incorporates both individual and macro (urban) factors, enabling a comprehensive examination of the factors influencing household registration transfer willingness. This hierarchical ideology and approach (hierarchical nonlinear model) could be extended to investigate the influencing factors of various other human intentions and behaviors.
Originality/value
Micro approaches (individual perspective) have dominated existing studies examining the factors influencing migrant workers' household registration transfer willingness. The authors combine individual and urban perspectives and adopt a more comprehensive hierarchical nonlinear model to extend the empirical evidence and provide theoretical explanations for the above issues.
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Anxia Wan, Qianqian Huang, Ehsan Elahi and Benhong Peng
The study focuses on drug safety regulation capture, reveals the inner mechanism and evolutionary characteristics of drug safety regulation capture and provides suggestions for…
Abstract
Purpose
The study focuses on drug safety regulation capture, reveals the inner mechanism and evolutionary characteristics of drug safety regulation capture and provides suggestions for effective regulation by pharmacovigilance.
Design/methodology/approach
The article introduces prospect theory into the game strategy analysis of drug safety events, constructs a benefit perception matrix based on psychological perception and analyzes the risk selection strategies and constraints on stable outcomes for both drug companies and drug regulatory authorities. Moreover, simulation was used to analyze the choice of results of different parameters on the game strategy.
Findings
The results found that the system does not have a stable equilibrium strategy under the role of cognitive psychology. The risk transfer coefficient, penalty cost, risk loss, regulatory benefit, regulatory success probability and risk discount coefficient directly acted in the direction of system evolution toward the system stable strategy. There is a critical effect on the behavioral strategies of drug manufacturers and drug supervisors, which exceeds a certain intensity before the behavioral strategies in repeated games tend to stabilize.
Originality/value
In this article, the authors constructed the perceived benefit matrix through the prospect value function to analyze the behavioral evolution game strategies of drug companies and FDA in the regulatory process, and to evaluate the evolution law of each factor.
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Guang Yang and Mingli Han
Exploring the intrinsic connection between the ecological environment and the digital economy and empirically testing how the level of digital economic development affects the…
Abstract
Purpose
Exploring the intrinsic connection between the ecological environment and the digital economy and empirically testing how the level of digital economic development affects the ecological environment. Using the entropy weighting method to analyze the weights of the indicators in the digital economic development level and ecological environment system to explore the factors that have the greatest impact on the ecological environment in the indicator system of the digital economic development level so as to deepen the theoretical understanding of the relationship between the level of development of the digital economy and the ecological environment. Explore the regional heterogeneity of the level of development of the digital economy to promote the healthy development of China’s ecological environment proving the difference in the level of development of the digital economy in the east west and central regions of China and the difference in the effect on the ecological environment.
Design/methodology/approach
Based on the panel data of 30 provinces in China from 2013 to 2021 this paper fits the index system of digital economy development level with three factors. A digital infrastructure digital industry and digital application combines environmental pollution and energy consumption to construct ecological environment indicators and explored the impact of digital economy development level on the ecological environment by using the entropy weight method and the random effect model.
Findings
The findings indicate that the degree of digital economic development has a positive and significant impact on promoting the healthy development of the ecological environment, in which the digital industry has the greatest impact on the ecological environment. Meanwhile, the improvement of industrial structure also has a positive effect on the improvement of the ecological environment, whereas the level of human capital inhibits the healthy development of the ecological environment, and the governmental support fails to effectively and significantly promote the improvement of the ecological environment. Furthermore, the empirical research indicates that the level of digital economy development has obvious regional heterogeneity on the healthy development of the ecological environment: the eastern and central regions have a significant effect, while the western region has a less significant effect.
Originality/value
Although domestic and foreign scholars and experts have conducted sufficient studies on the ecological environment and the development level of digital economy respectively, there are few studies on the empirical analysis of the positive significance and regional heterogeneity of the impact of the development level of digital economy on the ecological environment, which can be supplemented and referred to in this study. At the same time, it also provides intellectual support for our country to achieve high-quality development of digital economy and efficient governance of ecological environment.
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