Sanjeet Singh, Mitra Amini, Mohammed Jamshed, Hari Prapan Sharma and Waseem Khan
The purpose of the study is to examine the obstacle in doing business and determinants of credit adoption by the textile enterprises in India.
Abstract
Purpose
The purpose of the study is to examine the obstacle in doing business and determinants of credit adoption by the textile enterprises in India.
Design/methodology/approach
The study is based on World Bank’s Enterprises Survey, there are 571 enterprises involved in textile business. The enterprises survey has response on wide range of business obstacles which are categorized under three broad categories, namely, access to resource, business regulations and market externalities. Chi-square test and analysis of variance (ANOVA) have been used to examine the significant difference among firm’s profile and perceived business obstacles across the firm size. Furthermore, binary logistic regression model has been applied to explore the determinants of credit adoption by textile enterprises.
Findings
A statistically significant difference has been found in size of firms and legal status nature of establishment, gender of top manager, main product market and credit adoption from financial institutions. Majority of small- and medium-sized enterprises (SMEs) are sole proprietorship firm while large enterprises are limited partnership firms. Similarly, large enterprises have relatively more female as a top manager and international market for their product. ANOVA reveals equal degree of obstacles in doing textile business across the firm size. The logistic regression coefficient and marginal effects reveal that firm size, main market,gender of owner, number of establishment in the firms positive and significantly affects the credit adoption by 3 textile enterprises.
Practical implications
The study has some policy implications for various stakeholders such as textile business managers and promoters, government, investors and bankers for entrepreneurship development in textile sector. The study suggests that the government should incentivize small- and medium-sized businesses to increase their exports. The results show that despite government efforts to finance SMEs, fewer SMEs are receiving both short- and long-term credit. To help SMEs in the textile industry overcome financial difficulties and expand their main product market to both domestic and international levels, a soft loan should be provided based on the characteristics of textile enterprises.
Originality/value
The present study suggests the evidence-based understanding of textile business environment. The value and uniqueness of this study is to explore an ease of business textile sector using comprehensive enterprises survey data of World Bank.
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This chapter assesses the current research on knowledge management and adds insights from an Australian example. Knowledge management is critical to successful innovation in…
Abstract
This chapter assesses the current research on knowledge management and adds insights from an Australian example. Knowledge management is critical to successful innovation in tourism products. It is an important tool for creating successful regional organizations and ensuring competitive destinations. This chapter explores the barriers to participation in regional knowledge management networks. Topics covered include knowledge management applied in tourism settings, knowledge clusters and regional partnerships, and knowledge transfer processes, including the value of new technologies. A detailed case study of an attempt to build a knowledge network in Australia is described and generic insights noted.
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Jan Stentoft, Kristian Philipsen, Anders Haug and Kent Adsbøll Wickstrøm
Additive manufacturing (AM) is one technology among the many under the umbrella of Industry 4.0 technologies. AM is developing rapidly, and extant research reveals that the…
Abstract
Purpose
Additive manufacturing (AM) is one technology among the many under the umbrella of Industry 4.0 technologies. AM is developing rapidly, and extant research reveals that the technology contains possibilities for firms to develop competitive advantages, but that it also poses several challenges to overcome before such benefits can be achieved. To provide further insight into this topic, this paper aims to analyse how a business association can disseminate knowledge and experience about AM to its members.
Design/methodology/approach
The paper is based on 13 interviews from 11 different organisations within an embedded single-case study of a Danish non-profit business association.
Findings
The paper identifies 12 motivational factors for joining the association as well as seven perceived challenges in the current setup of the association. The paper demonstrates that barriers to the use of AM can be reduced through participation in a business association.
Research limitations/implications
The paper is based on a single-case study design and does not provide a foundation for statistical generalisations. The challenges identified are biased towards the companies that are members and do not represent companies that either consciously or unconsciously are not part of the association.
Practical implications
Being aware of the barriers for AM is important to optimize the benefits of joining a business association. However, operating such an association with the purpose of disseminating AM knowledge involves the inherent dilemma of protecting knowledge for the individual members, and at the same time, fostering knowledge sharing.
Originality/value
The paper provides novel data on how a business association can help mitigate perceived barriers to using AM.
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Elisabeth Sundin and Malin Tillmar
The paper aims to explore the consequences of new public management (NPM) inspired reforms in general and outsourcing of traditional public sector responsibilities in Sweden to…
Abstract
Purpose
The paper aims to explore the consequences of new public management (NPM) inspired reforms in general and outsourcing of traditional public sector responsibilities in Sweden to private organizations in particular. At centre stage are the roles of entrepreneurs, women‐owned small and medium enterprises (SMEs) and socially constructed paradigms of gender in this process. The paper's aim is to explore, through a local‐level case study, the currently ongoing process of gendering and regendering in a female‐dominated sector. This is done by a qualitative real‐time study of the introduction of a customer‐choice system in elder care in a Swedish municipality.
Design/methodology/approach
The formal decision in Spring 2008 to introduce a “customer‐choice model” into home‐based elderly care in the municipality is the formal starting point of the research. The authors are given full access to all relevant information and informants including all questions and suggestions from the potential suppliers who were applying to be “authorized and certified suppliers”. Interviews are the main method but also written material like applications and newspaper articles and “letters to the editor” are studied.
Findings
The outcome of the changes are, from the decision‐makers point of view, disappointing. The consequences so far of the customer‐choice system, that have been examined here, can be labelled increased masculinism or even a masculinization of the elderly care sector. Whether the polarization is a presage of the process to come is too early to tell. If so, the masculinization observed in this paper extends along three dimensions: governing logic, leadership and ownership. These gender consequences are not those expected or intended by the leading local actors.
Research limitations/implications
The study is made in an ongoing process. The politicians are making changes aiming at making better working conditions for SMEs and former employees especially women. It is therefore important to follow up what is going to happen in the future. Comparisons with other municipalities and other regimes, nationally and internationally, would also be valuable.
Practical implications
In this case, the practical implications are, almost, the same as the research implications.
Originality/value
The real‐time research design is used focusing on what is happening in practise at the lower organizational levels of an organizational “experiment” of this kind make this paper unusual and valuable both for researchers and practioners.
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Jiju Antony, Michael Sony, Olivia McDermott, Raja Jayaraman and David Flynn
Quality 4.0 incorporates the role of automation and digitization and provides competitive advantage for organizations by enhancing customer experience and increase profitability…
Abstract
Purpose
Quality 4.0 incorporates the role of automation and digitization and provides competitive advantage for organizations by enhancing customer experience and increase profitability. The purpose of this study is to critically examine the organizational readiness factors for the successful implementation of Quality 4.0 implementation and assess their importance.
Design/methodology/approach
This study applies a quantitative research methodology to examine readiness factors of Quality 4.0 in organizations by 147 senior management professionals in various organizations including manufacturing and service companies in America, Asia and Europe participated through an online survey.
Findings
The readiness factors for Quality 4.0 were critically ranked amongst manufacturing and service organizations by senior management professionals from three continents. Five significant reasons for non-adoption of Quality 4.0 were lack of resources, inability to link Quality 4.0 with the corporate strategy and objectives, lack of understanding of benefits, high initial investment and the current quality management strategy and methods are already delivering good results hence unsure of the need for Quality 4.0. The handling of big data in quality management was the most important factor for adopting Quality 4.0, irrespective of the size and nature of the organization. More accuracy and less errors and improved decision-making the factors of adopting Quality 4.0 in service sector were not significant for manufacturing sector. Small and medium-sized enterprises (SMEs) reported that costs and time savings over the long run were not so significant.
Practical implications
This study is focussed on the significance of pros and cons of adopting Quality 4.0 in organizations. Senior managers in both large and SMEs can benefit immensely from understanding before investing heavily towards implementing Quality 4.0. The importance of identified organizational readiness factors for the successful adoption of Quality 4.0 can be used as indicators to understand how ready an organization is to implement Quality 4.0. The top three readiness factors for the successful adoption of Quality 4.0 were identified as: top management commitment, leadership and organizational culture. Improved understanding of the readiness factors can be highly beneficial to senior quality professionals in both manufacturing and service companies in the journey towards successful implementation of Quality 4.0.
Originality/value
This is the first empirical study on assessing Quality 4.0 readiness factors at an intercontinental level and therefore serves as a foundation for many future studies. The study provides a theoretical foundation for the Quality 4.0 in terms of organizational readiness for successful adoption and overcoming implementation challenges. During the planning, implementation and progress review of Quality 4.0, review the readiness factors while planning and resourcing a Quality 4.0 implementation strategy to ensure effective performance.
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Xiaoying Li, Xiujuan Jin, Heng Li, Lulu Gong and Deyang Zhou
Considering the substantial benefits derived from the use of Building Information Modeling (BIM) in construction projects, governments and its related sectors have introduced…
Abstract
Purpose
Considering the substantial benefits derived from the use of Building Information Modeling (BIM) in construction projects, governments and its related sectors have introduced mandatory policies requiring the use of BIM. However, little is known about the impact of mandatory policies on BIM-based project performance. Therefore, the purpose of this paper is to provide a systematical understanding on the impact of policy interventions on the implementation practice of innovative technologies.
Design/methodology/approach
This paper utilizes the propensity score matching and difference in differences (PSM-DID) method to investigate the impact of policy interventions on BIM-based project performance. Using the panel data collected from 2015 to 2021 in the Hong Kong construction industry, this paper explores the impact of the first mandatory BIM policy on the BIM-based project performance of three key stakeholders.
Findings
The subjective BIM performance and BIM return on investment (ROI) have significantly improved after implementing the mandatory BIM policy. The promotion effect of mandatory BIM policy on BIM-based project performance gradually increases over time. Moreover, the promotion effect of mandatory BIM policy on BIM performance shows significant heterogeneity for different stakeholders and organizations of different sizes.
Originality/value
This study examined the impact of policy interventions on BIM-based project performance. The research findings can provide a holistic understanding of the potential implications of innovative mandatory policy in performance improvement and offer some constructive suggestions to policymakers and industry practitioners to promote the penetration of BIM in the construction industry.
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Jim Stewart and Vanessa Knowles
This final article in a series of three provides an interpretation of the research findings reported in the second article against the conceptual models described in the first…
Abstract
This final article in a series of three provides an interpretation of the research findings reported in the second article against the conceptual models described in the first. This provides support for the view that HEIs have a role in developing both “self‐awareness” and “opportunity awareness” within undergraduates to support their ability to demonstrate employability in a changing labour market. As part of this, a focus on providing opportunities to develop transferable skills through the curriculum of degree programmes is argued to be appropriate and some examples are given. Suggested actions for students and SMEs, as well as HEIs, are included to respond to the changing nature of graduate careers. Areas of further research are identified, and a conceptual model to inform such research is offered.
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– To identify key themes and emerging trends in research on innovation management likely to be of increasing importance in the next five to ten years.
Abstract
Purpose
To identify key themes and emerging trends in research on innovation management likely to be of increasing importance in the next five to ten years.
Design/methodology/approach
Conducts a literature review of highly regarded peer-reviewed journals. Proposes a two-dimensional framework for locating innovation management themes according to the internal or external orientation and their strategic and operational significance.
Findings
How do you get – and keep – a competitive edge today? As companies around the world get to grips with ever more intense global competition, innovation and how to manage it effectively are right at the top of the business agenda. This is something that is highly relevant for both large and small organizations. Small and medium-sized companies now use innovation toolkits and networked organizational structures; bigger companies are integrating innovation management into their management processes and adopting open innovation methods. Innovation is central to economic growth and to raising standards of living for people across the world. But since 2006, when the concept of open innovation began to receive wider attention, there has not been much in the way of a discussion of new ideas in this area. What are the key trends for future innovation management? And how can we evaluate their significance either as research topics or for management practice?
Practical implications
Identifies innovation management research areas that are receiving increasing attention and notes others – such as crowdsourcing – that are yet to emerge as distinct areas of study. Shows how different themes overlap and interconnect.
Originality/value
Provides an overview of areas with significant potential to contribute to innovation management research. Notes that these may also be of interest in academic and professional education.
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Marikka Heikkilä, Harry Bouwman and Jukka Heikkilä
The purpose of this paper is to analyse how different strategic goals of (micro-, small- and medium-sized firms=SMEs) relate to the business model innovation (BMI) paths that SMEs…
Abstract
Purpose
The purpose of this paper is to analyse how different strategic goals of (micro-, small- and medium-sized firms=SMEs) relate to the business model innovation (BMI) paths that SMEs take when improving their business.
Design/methodology/approach
The authors conducted 11 in-depth case studies involving SMEs innovating their business models (BMs).
Findings
The authors found evidence that strategic goals of SMEs (start new business, growth and profitability) lead them to alternative innovation path in terms of BM components affected. Growth seekers start from the right-hand side of a BM Canvas, while profitability seekers start from the back end, the left side of a Canvas; and new businesses adopt a cyclical approach considering BM components in turn, while at the same time redesigning and testing the BM. The findings of this study also indicate that all three paths gradually lead to improvement in several BM components.
Research limitations/implications
Findings indicate that a strategic management view in which strategic goals define BMI also applies to SMEs. The distinctive BMI paths that the authors identified provide evidence to suggest that, although the SMEs may not have an explicitly formulated strategy, their strategic goals determine the type of improvements they make to their BM. All three SME groups started their improvements from different BM components and changed several elements in their BMs in a specific order, forming distinctive BMI paths. Finally, to understand the BMI in SMEs better, more research is needed into BMI processes and into the way BMI is managed in SMEs.
Practical implications
The findings of this study help SMEs to anticipate the next steps in their path towards an improved BM. By mirroring their approach to the BMI paths, they can better manage their BM makeover process and focus on their innovation activities. For providers of BMI tools and methods, the study indicates which SME innovation tasks could be supported by tools and how the tools should be aligned with the BMI paths.
Originality/value
BMI is attracting growing attention in both research and practice. However, knowledge concerning BMI in SMEs is limited. The authors contributed to BMI research by focussing on the BMI paths of SMEs, i.e. the often sequential, non-linear and iterative steps taken to improve the business by making changes to specific BM components.