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1 – 10 of 50The purpose of this paper is to present the design and implementation of a genetic algorithm (GA), using a large language model (LLM) for optimizing the delivery scheduling…
Abstract
Purpose
The purpose of this paper is to present the design and implementation of a genetic algorithm (GA), using a large language model (LLM) for optimizing the delivery scheduling process in warehouses of third-party logistics (3PL) companies, within the context of a simplified case study, and to highlight the main directions for implementing this methodology in business realities.
Design/methodology/approach
Using a simplified case study of an international 3PL company, this study applies a GA developed in RStudio by LLM to generate test scenarios and input data. The GA was optimized to minimize the time and distance of movement in the process of preparing goods for shipment, demonstrating its effectiveness in improving warehouse delivery scheduling.
Findings
The study confirms that the GA, supported by LLM, significantly improves the delivery planning process in the warehouse. Specifically, the implementation of the GA led to notable improvements in scheduling efficiency and a reduction in the distance traveled within the warehouse. These enhancements enable more efficient generation, evaluation and optimization of logistic scenarios. Additionally, the use of LLM greatly facilitates the creation and refinement of complex algorithms like GA, through automation and innovative approaches in logistics.
Research limitations/implications
The study highlights limitations related to data quality, the dynamic nature of logistic operations, computational complexity and the need for generalization of results. It also points out the lack of research in business realities that demonstrate the effectiveness of combining the benefits of LLM and GA in practice.
Originality/value
This paper makes a significant contribution to the literature by demonstrating the capabilities of advanced technologies such as GA and LLM in 3PL logistics. It presents an innovative approach to optimizing logistic processes, offering perspectives for further innovations and automation in supply chain management. It also indicates new opportunities for 3PL companies in terms of improving operational and cost efficiency, emphasizing the importance of continuously seeking innovative solutions in the face of increasing market demands.
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Chao Li, Mengjun Huo and Renhuai Liu
The purpose of this paper is to empirically analyze the impact of directors’ and officers’ (D&O) liability insurance on enterprise strategic change. It also explores the mediating…
Abstract
Purpose
The purpose of this paper is to empirically analyze the impact of directors’ and officers’ (D&O) liability insurance on enterprise strategic change. It also explores the mediating role of litigation risk, the moderating roles of enterprise science and technology level and precipitation organizational slack between them. In addition, it examines the joint moderating roles of the top management team (TMT) external social network and enterprise science and technology level, and enterprise scale and precipitation organizational slack.
Design/methodology/approach
Using the unbalanced panel data of A-share listed companies in the Shanghai and Shenzhen stock exchanges of China from 2002 to 2020 as the research sample, this paper uses the ordinary least square method and fixed-effect model to study the relationship between D&O liability insurance and enterprise strategic change. The study also focuses on the mediating mechanism and moderating mechanisms between them.
Findings
The authors find that D&O liability insurance has an “incentive effect,” which can significantly promote enterprise strategic change. Litigation risk plays a partial mediating role between D&O liability insurance and enterprise strategic change. Enterprise science and technology level and precipitation organizational slack negatively moderate the relationship between D&O liability insurance and enterprise strategic change. TMT external social network and enterprise science and technology level, and enterprise-scale and precipitation organizational slack have joint moderating effects on the relationship between D&O liability insurance and enterprise strategic change.
Originality/value
This paper confirms the “incentive effect hypothesis” of the impact of D&O liability insurance on enterprise strategic change, which not only broadens the research perspective of enterprise strategic management but also further expands the research scope of D&O liability insurance. Besides, this paper thoroughly explores the influencing mechanisms between D&O liability insurance and enterprise strategic change, providing incremental contributions to the research literature in the field of enterprise risk management and corporate governance. The findings have practical guiding significance for expanding the coverage of D&O liability insurance, promoting the implementation of strategic changes and improving the level of corporate governance of Chinese enterprises.
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Panjun Gao, Yong Qi, Hongye Zhao and Xing Li
The purpose of this study is to address the critical need for patent value evaluation within patent management, particularly in the context of the digital economy. Recognizing the…
Abstract
Purpose
The purpose of this study is to address the critical need for patent value evaluation within patent management, particularly in the context of the digital economy. Recognizing the importance of utilizing historical data, this research aims to uncover effective methodologies that enhance the appraisal of patent value, which is vital for informed decision-making in the management of scientific and technological advancements.
Design/methodology/approach
This study introduces a comprehensive evaluation model by analyzing various factors that influence patent value. An index system is constructed that integrates technical, economic and legal aspects to facilitate a nuanced assessment of patents. The methodological core of this research is the development of an XGBoost patent value appraisal model, which incorporates Bayesian optimization to refine the evaluation process. The model’s validity is tested through empirical analysis of patents in the rapidly evolving sector of cloud computing.
Findings
The empirical results demonstrate that the XGBoost model, strengthened by Bayesian optimization, outperforms traditional categorization techniques. The proposed model shows superior performance in terms of accuracy, precision, recall rate and operational feasibility. These findings indicate a significant improvement in the precision of patent potential and value assessments, leading to more reliable and actionable insights for patent management.
Originality/value
This study introduces a novel patent evaluation model that combines XGBoost with Bayesian optimization. XGBoost enhances performance by integrating weak learners, ideal for complex, nonlinear problems like patent valuation. Bayesian optimization refines hyperparameters efficiently using prior distributions and known results. Its practical implications for patent management and technology exploration are substantial, offering a new tool for strategic decision-making.
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Yingnan Shi and Chao Ma
This study aims to enhance the effectiveness of knowledge markets and overall knowledge management (KM) practices within organisations. By addressing the challenge of internal…
Abstract
Purpose
This study aims to enhance the effectiveness of knowledge markets and overall knowledge management (KM) practices within organisations. By addressing the challenge of internal knowledge stickiness, it seeks to demonstrate how machine learning and AI approaches, specifically a text-based AI method for personality assessment and regression trees for behavioural analysis, can automate and personalise knowledge market incentivisation mechanisms.
Design/methodology/approach
The research employs a novel approach by integrating machine learning methodologies to overcome the limitations of traditional statistical methods. A natural language processing (NLP)-based AI tool is used to assess employees’ personalities, and regression tree analysis is applied to predict and categorise behavioural patterns in knowledge-sharing contexts. This approach is designed to capture the complex interplay between individual personality traits and environmental factors, which traditional methods often fail to adequately address.
Findings
Cognitive style was confirmed as a key predictor of knowledge-sharing, with extrinsic motivators outweighing intrinsic ones in market-based platforms. These findings underscore the significance of diverse combinations of environmental and individual factors in promoting knowledge sharing, offering key insights that can inform the automatic design of personalised interventions for community managers of such platforms.
Originality/value
This research stands out as it is the first to empirically explore the interaction between the individual and the environment in shaping actual knowledge-sharing behaviours, using advanced methodologies. The increased automation in the process extends the practical contribution of this study, enabling a more efficient, automated assessment process, and thus making critical theoretical and practical advancements in understanding and enhancing knowledge-sharing behaviours.
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Weijie Tan, Yiqian Liu, Qi Dong and Xihui Haviour Chen
National spirit, as a powerful legitimacy trait, shapes the consistency of a firm’s financial decisions, employee engagement and sustainability strategies. Combining this with…
Abstract
Purpose
National spirit, as a powerful legitimacy trait, shapes the consistency of a firm’s financial decisions, employee engagement and sustainability strategies. Combining this with resource-based view (RBV) theory, the study empirically examines the dual impact of national spirit on corporate environmental, social and governance (ESG) performance.
Design/methodology/approach
This paper utilizes data from Chinese A-share listed companies from 2009 to 2022 and employs machine learning methods to construct enterprise-level indicators of national spirit. In addition, the paper scrapes nearly 3 million ESG-related online news articles from the Baidu news website and uses machine learning methods to measure media ESG attention and sentiment.
Findings
The findings reveal that national spirit significantly enhances corporate ESG performance, operating through both internal and external channels: promoting social financing and boosting employee morale. Further analysis indicates that the positive influence of national spirit on corporate ESG performance is more pronounced in private enterprises, companies facing higher levels of credit constraints and firms in polluting industries. Additionally, managerial shortsightedness weakens the sustainable value of national spirit, while external media ESG attention and regional ESG governance efforts further strengthen this effect. Furthermore, different dimensions of national spirit exhibit varying impacts on corporate ESG performance.
Practical implications
This study provides new insights for promoting sustainable development systems in emerging economies and understanding the role of national spirit in corporate social responsibility investments.
Originality/value
This paper shifts the study of national spirit from macro-level cultural analyses to a micro-level perspective. It bridges gaps in the literature by providing empirical evidence on the role of national spirit as a soft resource that influences corporate financial behavior and employee morale. This study provides new insights into promoting sustainable development systems in emerging economies and understanding the role of national spirit in corporate social responsibility investments.
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Monojit Das, V.N.A. Naikan and Subhash Chandra Panja
The aim of this paper is to review the literature on the prediction of cutting tool life. Tool life is typically estimated by predicting the time to reach the threshold flank wear…
Abstract
Purpose
The aim of this paper is to review the literature on the prediction of cutting tool life. Tool life is typically estimated by predicting the time to reach the threshold flank wear width. The cutting tool is a crucial component in any machining process, and its failure affects the manufacturing process adversely. The prediction of cutting tool life by considering several factors that affect tool life is crucial to managing quality, cost, availability and waste in machining processes.
Design/methodology/approach
This study has undertaken the critical analysis and summarisation of various techniques used in the literature for predicting the life or remaining useful life (RUL) of the cutting tool through monitoring the tool wear, primarily flank wear. The experimental setups that comprise diversified machining processes, including turning, milling, drilling, boring and slotting, are covered in this review.
Findings
Cutting tool life is a stochastic variable. Tool failure depends on various factors, including the type and material of the cutting tool, work material, cutting conditions and machine tool. Thus, the life of the cutting tool for a particular experimental setup must be modelled by considering the cutting parameters.
Originality/value
This submission discusses tool life prediction comprehensively, from monitoring tool wear, primarily flank wear, to modelling tool life, and this type of comprehensive review on cutting tool life prediction has not been reported in the literature till now. The future suggestions provided in this review are expected to provide avenues to solve the unexplored challenges in this field.
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Show-Hui Huang, Wen-Kai Hsu, Thu Ngo Ngoc Le and Nguyen Tan Huynh
A popular production model for high-tech manufacturers is that they move most production lines abroad to produce formal products for sale and just keep a few production lines in…
Abstract
Purpose
A popular production model for high-tech manufacturers is that they move most production lines abroad to produce formal products for sale and just keep a few production lines in headquarters to manufacture sample products for new product development. Under such a production model, the paper aims to develop a selection model of International Air Express (IAE) for high-tech manufacturers in airfreight of sample products using the fuzzy best-worst method (BWM).
Design/methodology/approach
In this paper, an assessment model based on the fuzzy BWM approach is proposed for high-tech manufacturers in selecting airfreight carriers for the shipping of sample products. Further, one high-tech electronic manufacturer in Taiwan was empirically investigated to validate the assessment model.
Findings
The result indicates that electronics manufacturer pays more attention to Promptness, Mutual trust, Freight rate and Financial status of fixed assets when selecting IAEs. Besides, FedEx is argued to be the most preferred IAE for the transportation of sample products. Based on the findings, some practical management implications were discussed.
Research limitations/implications
Some literature limitations should be addressed. Initially, the adoption of the fuzzy BWM assumes independence among criteria. Nonetheless, this assumption is not yet to confirm in this study. Accordingly, this limitation leaves room for improvement in future studies. Further, in this paper, five experienced experts from the Radiant Opto-Electronics Corporation (ROEC) case were empirically surveyed. To ensure the validity of the surveying, this paper adopted an interviewing survey instead of a traditional mailed survey. However, more representative samples are still necessary to confirm the empirical results in future research.
Practical implications
Firstly, the proposed research model provides a systematic framework to the decision-making process, which assists high-tech manufacturers in identifying the most suitable IAEs based on multiple criteria. It has been illustrated that high-tech companies deliver their sample products requiring timely and secure means of transport. In practice, manufacturers can assess various IAEs considering some main factors, such as Operational Flexibility (OF), Partner Relationship (PR), Transportation Capability (TC) and Management, using fuzzy BWM. This process ensures the selection of IAEs aligning with their logistical needs and business priorities, ultimately enhancing operational efficiency and customer satisfaction. Secondly, empirical results from the ROEC case indicate that electronics manufacturer pays more attention to Promptness, Mutual trust, Freight rate and Financial status of fixed assets when selecting IAEs. Besides, FedEx is argued to be the most preferred IAE for transportation of sample products. In other words, ROEC should consider establishing long-term contracts with preferred IAEs (i.e. FedEx) to secure favorable rates and service commitments. On top of that, results not only provide practical information for manufacturers in selecting IAEs but also for IAE partners to improve their service policies.
Originality/value
The results not only provide practical information for high-tech manufacturers in selecting airfreight carriers but also for the airfreight carriers to improve their service quality.
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Malan Huang, Minghui Hua, Jin Li and Yanqi Han
As an important engine of economic growth, the digital economy is bringing new opportunities for the promotion of entrepreneurship. However, key questions regarding the extent of…
Abstract
Purpose
As an important engine of economic growth, the digital economy is bringing new opportunities for the promotion of entrepreneurship. However, key questions regarding the extent of the effect of the digital economy on entrepreneurship remain unanswered. This study examines how the digital economy influences entrepreneurship in China using provincial data from 2011–2020, applying convergence tests and spatial econometric models.
Design/methodology/approach
Based on theoretical analysis and using macro provincial data covering the period of 2011–2020, we adopt a diversified empirical analytical method and apply a combination of the convergence trend test, spatial auto correlation test, and spatial Durbin model to test the research hypotheses.
Findings
First, there is spatial correlation between the digital economy and entrepreneurship. Second, the overall trend of China’s digital economy shows s convergence, with the whole country and the eastern region showing absolute β convergence and the whole country as well as the central and western regions showing β conditional convergence. Third, the digital economy can significantly promote entrepreneurship and has spatial spillover effects. Moreover, higher education has a negative moderating effect on the process of digital economy empowering entrepreneurship.
Research limitations/implications
Studying the spatially correlated impacts of the digital economy on entrepreneurship enhances our understanding of its contribution to economic growth. Policy-makers can use these findings to develop targeted digital infrastructure investments in lagging provinces, guide entrepreneurs to better grasp the opportunities of the digital economy, and provide support for innovation and entrepreneurship. The findings also could offer Chinese experience that can be used to guide developing countries in utilizing the digital economy to enable entrepreneurship.
Originality/value
This paper expands and enriches the analytical focus on digital economy-empowered entrepreneurship and complements the current theoretical research on the moderating effect of the digital economy in empowering entrepreneurship.
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Azizah Omar, Veenus Tiwari and Mazni Saad
This study aims to develop a model that explains the relationship between broad personality traits and specific aspects of smart technology acceptance among visitors to smart…
Abstract
Purpose
This study aims to develop a model that explains the relationship between broad personality traits and specific aspects of smart technology acceptance among visitors to smart destinations. It incorporates privacy and safety risks as moderating factors within the Unified Theory of Acceptance and Use of Technology (UTAUT) model, thereby advancing research in this area.
Design/methodology/approach
The cross-sectional study collected data from 519 respondents using purposive sampling. The questionnaire was administered across two smart destinations to validate the study’s findings.
Findings
Performance expectancy, effort expectancy and facilitating conditions significantly influence behavioral intentions for smart technology use, emphasizing the importance of user-centric design. While social influence’s impact is modest compared to the practical benefits users gain from the technology. Privacy and safety concerns act as barriers, reducing the influence of these drivers and underscoring the need for their mitigation in technology adoption.
Research limitations/implications
This study enhances smart destination theory and practice by emphasizing the critical role of privacy and data security in the deployment of smart technologies. By addressing both the benefits and challenges of these technologies, it offers valuable insights into improving visitors’ overall experience and satisfaction, contributing to more effective smart tourism strategies.
Originality/value
The originality of this research lies in integrating the UTAUT model with risk theory by incorporating perceived privacy and safety risks as moderating factors in the context of smart destinations. This approach deepens the understanding of smart technology acceptance and offers valuable insights into the complex dynamics of technology adoption in tourism environments.
研究目的
本研究旨在构建一个模型, 阐释广泛人格特质与智慧技术在智慧目的地中接受程度的具体方面之间的关系, 同时将隐私和安全风险作为调节因素纳入UTAUT模型, 以推动相关研究的发展。
研究方法
本研究采用横断面设计, 通过目的性抽样从两个智慧目的地的519名受访者中收集数据。问卷调查用于验证研究发现的有效性。
研究发现
绩效期望、努力期望和促进条件显著影响智慧技术使用的行为意图, 强调以用户为中心的设计重要性。尽管社会影响的作用相对较小, 但用户从技术中获得的实际利益更为显著。隐私和安全担忧是技术采纳的障碍, 减弱了上述驱动因素的作用, 突显了在技术推广中缓解这些风险的必要性。
研究创新
本研究的原创性体现在通过引入感知隐私和安全风险作为调节因素, 将UTAUT模型与风险理论结合, 应用于智慧目的地的背景中。此方法深化了对智慧技术采纳的理解, 并为旅游环境中技术采纳的复杂动态提供了宝贵见解。
研究意义
本研究通过强调隐私和数据安全在智慧技术部署中的关键作用, 增强了智慧目的地理论和实践。通过解决这些技术的优势与挑战, 本研究为提升游客整体体验与满意度、制定更高效的智慧旅游策略提供了重要参考。
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Xiaoman Zhou, Christina Geng-Qing Chi and Biyan Wen
Generation Z (Gen Z) is entering the hotel workforce and will soon become the dominant group. This has called for a better understanding of this workforce’s attitudes and…
Abstract
Purpose
Generation Z (Gen Z) is entering the hotel workforce and will soon become the dominant group. This has called for a better understanding of this workforce’s attitudes and perceptions towards working in the hotel industry. This study aims to examine the effect of organizational socialization on the retention of Chinese Gen Z employees, the mediating role of person–environment fit (P-E fit) and the moderating effect of career commitment.
Design/methodology/approach
Time-lagged data were collected from 426 Gen Z new employees from 20 upscale hotels at two different times (2 weeks and 12 weeks after the employees entered the hotel). Confirmatory factor analysis, structural equation modeling, bootstrapping analysis and moderated hierarchical regression analyses were used for data analysis.
Findings
Organizational socialization positively affects employee retention via person–environment fit. Moreover, career commitment positively moderates the relationship between person–environment fit and employee retention.
Practical implications
Hotels must view organizational socialization as a long-term investment in Gen Z talent management by offering effective training through diverse methods, creating a collaborative environment and helping them develop career plans to enhance their career commitment.
Originality/value
This study unpacks the four dimensions of organizational socialization and investigates their differential effects on Gen Z employees’ retention through P-E fit. The moderating role of career commitment is also examined. This study contributes to the growing body of hospitality human resources management research on this new generation of workforce in China.
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