Su-Jung Hwang and Jae-Hyeok Choi
Technological innovation is crucial for businesses to achieve development and profitability through enhancing core capabilities and differentiating competitive advantages. The key…
Abstract
Technological innovation is crucial for businesses to achieve development and profitability through enhancing core capabilities and differentiating competitive advantages. The key to organisational survival is boosting innovation performance focused on technological innovation, as SMEs lack resources and competencies compared to large companies. Entrepreneurship is a topic of active research to overcome SMEs’ resource and size limits. This is because entrepreneurs’ capabilities are considered more important in small and medium-sized enterprises closely related to corporate success than in large enterprises that can receive organisational support. In addition, a company’s holding capacity is a direct driver of creating differentiated competitiveness because it can pursue product differentiation through high levels of market capabilities and technology capabilities. Therefore, this study attempts to demonstrate entrepreneurship and technological innovation for SMEs. Reviewing previous studies, the authors derive the organisational capabilities needed by the organisation for innovation and examine how these organisational capabilities (technological, market, and operational capabilities) relate to entrepreneurship and technological innovation.
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Qinghai Li, Junzhe Ji, Jilei Huang, Christiane Prange and Deli Yang
Unlike well-documented market or behavioral uncertainty, patent uncertainty has been significantly under-explored in the field of international entrepreneurship. Drawing on an…
Abstract
Purpose
Unlike well-documented market or behavioral uncertainty, patent uncertainty has been significantly under-explored in the field of international entrepreneurship. Drawing on an institution-based view of strategy, this study investigated Netac, a Chinese knowledge-based international new venture (KINV), which was facing uncertainty over patents in China and the US. The aim was to address two questions: (1) how does patent uncertainty emerge in the context of KINVs? And (2) how can KINVs navigate patent hazards by interacting with national patent institutions?
Design/methodology/approach
A longitudinal single-case study approach was adopted as the most appropriate method for exploring novel business phenomena and dynamic processes.
Findings
Results suggested that a KINV can adopt strategies to build a unique identity and so better conform to the expectations of institutions that ultimately decide on patent validity. Strategies may involve building institutional awareness, amplifying mass media effects, and strategically managing the intellectual property and socio-emotional tensions between China and the US.
Originality/value
This study introduced the notion of patent uncertainty into research around international new ventures, highlighting how this type of uncertainty in the advanced technology sector can affect the end-product and patent licensing opportunities of KINVs. It also explored the institution-based view of company strategy in the internationalization process by emphasizing interactive institutional mechanisms, and the role of an organization’s identity when interacting with institutions. The study enriches the literature on institutional theory and organizational identity, and also suggests solutions for firms dealing with efforts by competitors to invalidate patents.
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Matti Haverila, Mohammad Osman Gani, Fariah Ahmed Dina and Muhammad Mohiuddin
This paper aims to examine the interrelationships between user-centric measures and their impact on the firm’s perceived financial performance as the respondents’ decision-making…
Abstract
Purpose
This paper aims to examine the interrelationships between user-centric measures and their impact on the firm’s perceived financial performance as the respondents’ decision-making role changes.
Design/methodology/approach
The data was collected jointly with SurveyMonkey, a marketing research company, from marketing professionals working in companies with at least limited experience deploying big data marketing analytics (BDMA) applications. The respondents originated from Canada and the USA, and out of 970 responses in the initial sample, 236 were working in companies with at least limited experience in BDMA deployment. The data analysis used partial least squares structural equation modeling and necessary condition analysis.
Findings
All hypotheses except one were accepted. Perceived value for money positively and significantly impacted user satisfaction, positively and significantly impacted perceived financial performance. Also, the decision-making role positively and significantly impacted the perceived value for money and user satisfaction but not the perceived financial performance.
Originality/value
The research contributes to understanding how the decision-maker’s role impacts the perceived user-related performance measures in the BDMA context.
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Engaging in international business (IB) is a particular challenge to small and medium-sized companies (SMEs), representing a condition to ensure growth and longevity. Due to their…
Abstract
Purpose
Engaging in international business (IB) is a particular challenge to small and medium-sized companies (SMEs), representing a condition to ensure growth and longevity. Due to their limitations of tangible resources, these companies make use of their levels of knowledge and capabilities to reach new markets. This study seeks to ascertain the role, the typologies of the knowledge and capabilities required for access to IB, and how benefits may arise for SMEs from their international experience.
Design/methodology/approach
To achieve these objectives, the authors ground the insights on a qualitative study that gathered data from ten semi-structured interviews with leading entrepreneurs engaged in IB. The data were analysed resorting to the QSR Nvivo software.
Findings
The results demonstrate how (1) knowledge and the development of dynamic capabilities all represent determinant facets to engaging in IB and that (2) the knowledge and learning capabilities acquired and developed in IB context also result in positive returns in domestic markets.
Originality/value
Despite the rising of IB studies, the interaction between knowledge and capabilities from the perspective of accessing international markets has not received attention enough from scholars. The authors argue that both constructs must act together to reach and maximize the IB of SMEs and provide evidence that engagement abroad brings several other advantages beyond economic returns.
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Vineeta Dwivedi and Kakoli Sen
Fake News, a disruptive force in the information world, has been extensively researched across various academic domains. This study, however, takes a unique approach by using…
Abstract
Purpose
Fake News, a disruptive force in the information world, has been extensively researched across various academic domains. This study, however, takes a unique approach by using bibliometric analysis to explore the specific link between fake news and the erosion of media trust. The purpsose of this study is to introduce novel and unexplored research questions that have not been thoroughly investigated, opening up exciting avenues for future research.
Design/methodology/approach
A thorough bibliometric analysis was conducted on 480 papers published between 2015 and 2023, using VOSviewer and Biblioshiny software packages. These papers were sourced from the well-known electronic research database, Scopus. The study included cluster analysis, bibliographic coupling, citation analysis, content analysis, keyword analysis and a three-field plot, providing a robust examination of the research landscape.
Findings
The bibliometric content analysis gave eight research clusters in the area. Future research guidelines are proposed, followed by conclusions, limitations and research and management implications. (1) Distrust in media and populism; (2) Social media, conspiracy theories and COVID-19; (3) Fact-checking, misinformation and media dynamics; (4) Fake news, trust and political bias; (5) Polarisation, echo chambers and information bubbles; (6) Political communication and media trust; (7) Media literacy and mass communication; and (8) Disinformation, trust and political consequences.
Research limitations/implications
The analysis reveals gaps in existing literature, highlighting the need for comprehensive studies that explore the nuanced relationships between fake news and media credibility by using interdisciplinary approaches, combining insights from communication theory, psychology and sociology. This analysis can guide scholars in identifying new research directions.
Practical implications
Media organisations can use this knowledge to develop strategies that enhance their credibility and counteract the effects of fake news. Policymakers can design informed regulations to combat misinformation and protect public trust. Educators can integrate these insights into curricula to prepare future journalists and media professionals for the evolving landscape. Tech companies can leverage these findings to mitigate fake news and build media trust.
Social implications
Public trust in media is foundational to democratic societies. Understanding the dynamic of fake news helps recognise broader societal consequences, such as increased polarisation and decreased civic engagement. By addressing the issues, society can work towards restoring faith in the institution of media.
Originality/value
There is a lack of comprehensive research using bibliometric analysis to understand how the rise of fake news has affected the reputation of traditional media. This study makes a significant contribution, using a bibliographic lens to highlight key themes and pave the way for future research.
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Ali Kazemi, Seyedeh Fatemeh Ghasempour Ganji, Abdullah Na’ami and Masoume Latifi Benmaran
This study explores the effects of competitive intensity and innovation orientation on export outcomes, including export entrepreneurship (EE) and export performance (EP), and…
Abstract
Purpose
This study explores the effects of competitive intensity and innovation orientation on export outcomes, including export entrepreneurship (EE) and export performance (EP), and determines the direct and moderating impact of corporate social responsibility (CSR) among exporting agricultural and food (agri-food) small and medium-sized enterprises (SMEs) in Iran.
Design/methodology/approach
Using systematic random sampling, 296 firms participating in the international food and agricultural industries exhibition filled out a questionnaire. Smart PLS3 software was used to analyze the data.
Findings
The competitive intensity has positive effects on export entrepreneurship of Iranian agri-food SMEs. Additionally, innovation orientation, CSR and EE positively impact EP. However, the moderating impact of CSR on the relationship between innovation orientation and EP was not supported by data.
Originality/value
The current study enriches the existing knowledge in international business in the specific setting of exporting agri-food SMEs operating in a developing economy.
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Anne Mette Færøyvik Karlsen and Nina Helgevold
Efforts in using Lesson Study (LS) as a tool for Professional Development (PD) has in a Norwegian context often tended to be short-lived. Some schools have managed to find…
Abstract
Purpose
Efforts in using Lesson Study (LS) as a tool for Professional Development (PD) has in a Norwegian context often tended to be short-lived. Some schools have managed to find solutions for sustainability, and a selection of these are the focus of this study. The objective is to explore supportive factors for sustainability.
Design/methodology/approach
This is a case study that explores how LS has been organized and developed in a cluster of three schools in a municipality at the west coast of Norway. These schools have been selected through a purposeful selection based on their long-lasting persistence in using LS as a tool for PD. Data is retrieved from interviews with school leaders and teachers (process facilitators), in addition to teacher surveys.
Findings
One of the most important factors for sustainability in LS was found to be school leaders’ commitment, knowledge and engagement in LS. Further, the results highlight “anchoring” LS in the teacher group and securing the relevance of LS in relation to the curriculum. The school leader groups in this study have involved teachers by including them as process facilitators and considered teachers’ views on the content and organizing of LS. Additionally, university collaboration, networking among local schools and schools abroad, knowledge resources and structures (for the LS work) were important factors for sustainability. The step-by-step process of building a culture for LS allowed LS to be a dynamic approach to the schools’ PD.
Originality/value
This is the first study that has investigated possible explanations for sustainability of LS in a Norwegian context. The findings can serve as an inspiration or a guide to a sustainable LS approach.
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Jianan Li, Haemin Dennis Park and Jung H. Kwon
Drawing on the literature on technological acquisition and the knowledge-based view , this study examines how technological overlap between acquiring and target firms influences…
Abstract
Purpose
Drawing on the literature on technological acquisition and the knowledge-based view , this study examines how technological overlap between acquiring and target firms influences acquisition premiums. We further explore how the resulting synergies are contingent on the dynamic characteristics of the target firm, specifically its technology clockspeed and industry munificence. Technology clockspeed indicates the pace of technological evolution, reflecting internal dynamic resources, while industry munificence represents the abundance of external resources. These boundary conditions illustrate the dynamics of synergies, explaining their moderation effects on acquisition premiums.
Design/methodology/approach
We analyze a sample of 369 technological acquisitions by publicly traded U.S. firms between 1990 and 2011. To test our hypotheses, we used the ordinary least squares regression model with robust standard errors clustered by acquiring firms. In the robustness checks, we applied the generalized estimating equations to account for non-independent observations in our sample and verified that the results were robust to an alternative two-way clustering approach.
Findings
We suggest that a low level of technological overlap between an acquiring firm and its target firm leads the acquiring firm to offer a high acquisition premium because of the expected synergistic potential that evolves from combining two distant technological bases. We further find that this effect is contingent on the target firm's technology clockspeed and industry munificence. Specifically, the negative effect is amplified when target firms exhibit a rapid pace of technological evolution, whereas it is weakened when target firms operate in highly munificent industries characterized by robust growth and abundant resource flows.
Research limitations/implications
This study has several limitations, but it offers opportunities for future research. First, our sample is limited to domestic acquisitions between U.S. publicly traded firms, which may restrict generalizability. Cross-border acquisitions could reveal different dynamics, as technology leakage and national security concerns might make technological overlap a more sensitive factor. Additionally, private firms were not included, and their distinct strategic considerations could provide further insights. Future research could explore post-acquisition data to validate these synergies and expand the scope to include international contexts and private firms for a comprehensive analysis.
Practical implications
Our findings highlight important implications for managers in technology sector acquisitions. This study underscores the need for a thorough evaluation of target firms to avoid misjudging synergies. Low technological overlap can heighten expectations for value creation, making it crucial for executives to accurately assess potential synergies to prevent overestimation. Managers should consider both internal resources and external industry conditions when evaluating synergies. Ultimately, these insights help managers offer informed prices that reflect true strategic synergies, adopting effective valuation practices to mitigate risks of financial overpayments and poor post-merger performance.
Social implications
The social implications of our findings emphasize the broader impact of acquisition decisions on innovation and competition within the technology sector. By ensuring accurate valuation and avoiding overpayment, companies can allocate resources more efficiently, fostering sustainable growth and innovation. This diligent approach can reduce the risk of corporate failures.
Originality/value
This study makes two key theoretical contributions. First, it identifies technological overlap as a critical determinant of acquisition premiums in technological acquisitions, addressing gaps in the literature that focused on CEO characteristics and managerial attention. Second, it expands the theoretical framework by highlighting the dynamic nature of synergies, influenced by the target firm's technology clockspeed and industry munificence. By integrating both acquiring and target firm characteristics, this study provides a relational perspective on value creation, explaining why firms pay high premiums and offering a more comprehensive understanding of the strategic motivations in technological acquisitions.