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Article
Publication date: 6 July 2021

Augustine Senanu Kukah, Andrew Anafo, Richmond Makafui Kofi Kukah, Andrew Victor Kabenlah Blay Jnr, Dominic Benson Sinsa, Eric Asamoah and David Nartey Korda

Inefficiencies in the power sector resulting from underinvesting and underselling reduce the ability of governments to adequately finance energy projects. The purpose of this…

470

Abstract

Purpose

Inefficiencies in the power sector resulting from underinvesting and underselling reduce the ability of governments to adequately finance energy projects. The purpose of this paper is to explore mechanisms of energy financing, benefits and challenges associated with innovative financing of energy infrastructure as well as strategies to improve innovative financing of energy infrastructure.

Design/methodology/approach

Questionnaires were used to elicit responses from respondents. Seventy-eight responses were retrieved. Mean score ranking, Kruskal–Wallis test and discriminant validity were the analysis conducted.

Findings

Partial credit guarantee; partial risk guarantee; credit enhancement; and loan guarantees were the significant mechanisms. Production efficiency; reduce pressure on public budgets; access to management expertise; and self-sustainability of infrastructure facilities were the significant benefits. Lack of transparency and adequate data for risk assessment; high up-front cost; heterogeneity, complexity, and presence of a large number of parties; and lack of a clear benchmark for measuring investment performance were the severest challenges. Complete transparency and accountability; political stability and public view on private provision of energy infrastructure services; and macroeconomic environment were the significant strategies.

Practical implications

This study is beneficial to energy sector as the current government of Ghana hints on willingness to involve private sector in management of the power sector.

Originality/value

The novelty of this study is that it is a pioneering study in Ghana on innovative financing of energy infrastructure.

Details

International Journal of Energy Sector Management, vol. 16 no. 2
Type: Research Article
ISSN: 1750-6220

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Article
Publication date: 31 January 2020

Chunhsien Wang, Tachia Chin and Jie-Heng Lin

Openness to external knowledge has recently gained popularity as a means for firms to complement and leverage internal knowledge in the pursuit of innovation outcomes. However…

2407

Abstract

Purpose

Openness to external knowledge has recently gained popularity as a means for firms to complement and leverage internal knowledge in the pursuit of innovation outcomes. However, conflicting evidence exists regarding the role of openness in external knowledge acquisition. This paper aims to propose that openness to external knowledge has a nonlinear effect on innovation performance and that this nonlinear relationship is contingent on an ambidextrous knowledge search strategy.

Design/methodology/approach

Based on original large-scale survey of 246 interfirm collaborations in the high-technology industry, it is found that the impact of openness to external knowledge on innovation performance exhibits an inverted-U shape and that this relationship is affected by an ambidextrous knowledge search strategy.

Findings

The results indicate that an ambidextrous knowledge strategy that addresses the depth and breadth of external knowledge significantly influences a firm’s ability to derive benefits from increased openness to external knowledge. Empirically, the authors provide an original contribution to high-technology firms by exploring how and why an ambidextrous knowledge strategy can be a critical catalyst spurring innovation performance.

Research limitations/implications

The research scope is limited to a single industry. Further research could extend the theoretical framework to multiple industries, which may increase the likelihood of innovation theory development.

Practical implications

The results suggest that firms opening up the boundaries of their innovation activity to engage in external knowledge are able to leverage their in-house innovation to enhance their innovation performance. The authors advocate that in innovation management domains, greater emphasis is needed on how openness to external knowledge has more positive impacts not only on innovation performance but also on innovation implemented management.

Originality/value

This study is among the first to investigate the ambidextrous knowledge search effect on the external knowledge of high-technology firms. This paper contributes to the theoretical and practical literature concerning openness innovation and knowledge management by reflecting on the ambidextrous knowledge search strategy.

Details

Journal of Knowledge Management, vol. 24 no. 2
Type: Research Article
ISSN: 1367-3270

Keywords

Available. Open Access. Open Access
Article
Publication date: 17 January 2022

Stephanie Brick

Service members of the US Department of Defense (DoD) have alarmingly high rates of depression, anxiety, probable stress disorders and suicidality, all of which are negative…

3084

Abstract

Purpose

Service members of the US Department of Defense (DoD) have alarmingly high rates of depression, anxiety, probable stress disorders and suicidality, all of which are negative health conditions exacerbated by various external stressors. High-stress work conditions – to include shift work, hazardous territories, high-stakes mission sets and generally disconnected sites – require a work environment that facilitates, rather than inhibits, stress reduction and mental well-being. This paper aims to present “salutogenic design” as an innovative approach: Salutogenic design offers demonstrated architectural solutions that improve health and well-being.

Design/methodology/approach

This paper describes salutogenic design strategies beginning with the need for such an approach, the call to action to implement strategic and tactical solutions and the challenges and financial impacts of such a broad and innovative strategy to improve workplace health, well-being and performance in the DoD and beyond. Examples of these strategies, via biophilic design solutions, are presented in the central Table 1 as an easy-to-reference tool and supported by the voluminous literature as referenced, in part, through this research paper.

Findings

Salutogenic design strategies offer innovative, financially viable solutions to help mitigate stress and improve workforce well-being while maintaining the highest level of building security requirements in access-controlled spaces and disconnected sites, such as military installations and government compounds.

Research limitations/implications

Issues of mental and physical health are complex and multi-faceted, and they require complex and multi-faceted solutions. Salutogenic design is presented as one facet of that solution: a tangible solution to an often-intangible issue. Further, as a novel approach to address a critical DoD issue, Table 1 bridges the common gap between high-concept design theory and practical construction-application solutions, with positive value to the health, performance, quality-of-life and well-being of service members.

Originality/value

To the best of the author’s knowledge, this paper is the first to approach the DoD’s imperative to reduce service members’ mental stress with “salutogenic design.”

Details

Facilities , vol. 40 no. 15/16
Type: Research Article
ISSN: 0263-2772

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Article
Publication date: 2 January 2018

Anuj Singla, Inderpreet Singh Ahuja and APS Sethi

The purpose of this paper is to investigate and select various significant technology push (TP) strategies affecting sustainable development in manufacturing organizations. The…

455

Abstract

Purpose

The purpose of this paper is to investigate and select various significant technology push (TP) strategies affecting sustainable development in manufacturing organizations. The study deploys structural equation modeling (SEM) technique to empirically validate the interrelationships amongst significant TP strategies and sustainable development indicators in SEM-TP Model.

Design/methodology/approach

Confirmatory factor analysis approach is utilized to generate an effective SEM-TP Model by using AMOS 21 (Analysis of Moment Structures) software. The data have been collected from different manufacturing organizations practicing TP strategies, using a well-framed TP questionnaire for the evolution of SEM-TP Model.

Findings

SEM modeling of various TP strategies like, innovative capability (IC), research and development, corporate strategy (CS) and export orientation towards achieving sustainable development in manufacturing industries has been performed. SEM-TP Model has been planned and reports obtained before and after modification indices (MI) of the model are correlated, which further establishes improvements in model’s effectiveness. The research concludes that two TP strategies namely, IC and CS are found to be significant in the present context. These strategies have emerged as a foundation for several development initiatives and actively support manufacturing industries in achieving sustainable development. The results obtained from final model may support organizational managers and TP practitioners to improve the overall performance of manufacturing industries involved in the present study. The manufacturing enterprises will be able to frame or enhance their corporate strategies and innovative capabilities in a more appropriate way.

Research limitations/implications

In the present study, contributions of TP practices are determined to accomplish sustainable development in manufacturing industries. Otherwise, issue-wise independent modeling can also be performed to assess the importance of TP practices towards achieving quality and sustainable development under specific orientations.

Practical implications

The research gives priority to enhancement in the coordination among various TP practices and sustainable development parameters in the industries, to inculcate TP as a crucial strategy to meet challenges in global markets.

Social implications

It has been exhibited from model that adequate TP strategies can effectively contribute towards recognition of sustainable development to compete in the highly progressive markets. The results of various interrelationships among TP practices and sustainable development indicators in SEM-TP Model portray the effectiveness of TP practices for accomplishment of organizational and social ambitions.

Originality/value

The outcomes of the study will help organizational managers, HR executives and TP practitioners in manufacturing industries to know about the significant TP strategies to be followed holistically for achieving sustainable development.

Details

World Journal of Science, Technology and Sustainable Development, vol. 15 no. 1
Type: Research Article
ISSN: 2042-5945

Keywords

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Article
Publication date: 12 March 2018

Nezameddin Faghih, Banafsheh Dastourian, Seyyed Mojtaba Sajadi, Andres Henten and Pantea Foroudi

The purpose of this study is to help gain an accurate and distinct understanding of information-based business concepts and critical steps in designing an appropriate business…

1683

Abstract

Purpose

The purpose of this study is to help gain an accurate and distinct understanding of information-based business concepts and critical steps in designing an appropriate business model, by providing a framework for designing an innovative information-based business to help fledgling businesses development in the information and communication technology (ICT) industry of Iran. What is a business model framework with the strategic innovation approach in the small and medium enterprises (SMEs) of ICT industry? What are the components of this model and the relations between them? Business model is a logical response to how a business can create value. Changing business environment means that business models are rapidly growing; accordingly, innovation is no longer optional. However, innovation is important in general, but the kind of innovation that is widely and directly dependent on business model will be quite critical for all parts of the organization. In fact, business model innovation is an exquisite technic to create, deliver and earn value by changing one or more components of a typical business model. Business model innovation needs information and form business environment based on dynamic information system.

Design/methodology/approach

The present paper focuses upon SMEs in ICT. Grounded theory has been used for this purpose, with 15 interviews conducted.

Findings

An emerging market is one in which commercial exchanges of a particular industry between the countries are relatively new but possess great investment attractiveness and a high potential to grow (such as Iran).As the ICT industry of Iran is a leading industry, and the country itself is an emerging market, the main purpose of this study is to provide a framework for designing an innovative information-based business to help fledgling businesses development in the ICT industry of Iran.

Originality/value

The purpose of this paper is to help accurate and distinct understanding of the business model concept and critical steps in designing an appropriate business model. Studies conducted to simultaneously deal with the business model and strategic innovations are few, and by the time the proposal was written, there was no research observed from Persian sources.

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Article
Publication date: 3 May 2024

Badreya Al Bloushi, Khalid Mehmood, Fauzia Jabeen and Ahmed Alharmoodi

Drawing upon curiosity drive theory, we examine the effects of epistemic curiosity (EC) on employees' innovative work behavior. Additionally, we explore the potential mediating…

376

Abstract

Purpose

Drawing upon curiosity drive theory, we examine the effects of epistemic curiosity (EC) on employees' innovative work behavior. Additionally, we explore the potential mediating role of work engagement (WE) and the moderating effects of leader-member exchange (LMX).

Design/methodology/approach

The data were collected from 406 employees employed in public service organizations within the United Arab Emirates. Structural equation modeling was employed as the analytical approach to test the hypotheses.

Findings

The findings of this study indicate that EC is positively related to innovative work behavior. Further, WE mediates the relationship between EC and creative work behavior. Moreover, LMX moderates the indirect effect of WE on the link between EC (interest and deprivation types) and innovative work behavior. The mediating association is stronger when the leader and member’s exchange is high.

Practical implications

This study will assist practitioners of service organizations in focusing their attention on EC to enhance employees' innovative work behavior and achieve optimal performance. Our research extends work on interest and innovative work behavior in an emerging economic context.

Originality/value

Our study suggests that policymakers should embrace the philosophy of curiosity to nurture innovative behavior in the workplace.

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Article
Publication date: 15 February 2013

Sylvie Laforet

The purpose of this study is to examine characteristics and factors affecting innovation in young and old family‐owned businesses. The research focuses on three important factors…

9991

Abstract

Purpose

The purpose of this study is to examine characteristics and factors affecting innovation in young and old family‐owned businesses. The research focuses on three important factors to innovation: organisation type, age and size; covering gaps in existing literature.

Design/methodology/approach

A postal survey of 500 small family‐owned businesses across sectors in the UK is conducted. The study uses regression analysis to test effects of environment, innovation strategy, family culture, family involvement, owners' background and learning on innovation in young and old family businesses as well as innovation effect on their financial performance.

Findings

The findings suggest social capital theory to be extended to include non‐family employees in the innovation process of family firms, and formal learning has a positive impact on young firms' innovation. Market condition, industry sector, business goal and long‐term orientation positively affect family firm innovation.

Originality/value

This paper makes valuable contributions to the understanding of theory and practices of innovation in family businesses. It has policy implications.

Details

Journal of Small Business and Enterprise Development, vol. 20 no. 1
Type: Research Article
ISSN: 1462-6004

Keywords

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Article
Publication date: 1 August 2003

Dimitris Skuras, João Castro Caldas, Nicola Meccheri, Dimitris Psaltopoulos and Lourdes Viladomiu

The paper presents results from four surveys of rural businesses in mountainous and less‐favoured areas of Southern Europe. Institutional support to rural businesses is extensive…

6121

Abstract

The paper presents results from four surveys of rural businesses in mountainous and less‐favoured areas of Southern Europe. Institutional support to rural businesses is extensive and delivered through the traditional instruments of capital subsidies, training and assistance to financial and technical management. Strategic orientations vary among case study areas and businesses. Results show that institutions should design and implement de‐centralised, flexible policies of business support in the less favoured areas of the European Union.

Details

European Business Review, vol. 15 no. 4
Type: Research Article
ISSN: 0955-534X

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Article
Publication date: 1 March 1993

Michael D. Richard, James A. Womack and Arthur W. Allaway

Outlines the foundations and dimensions of marketing myopia andproposes a two‐dimensional classification of its several types. Presentsan integrated analysis which is intended to…

1649

Abstract

Outlines the foundations and dimensions of marketing myopia and proposes a two‐dimensional classification of its several types. Presents an integrated analysis which is intended to enrich, rather than replace, the existing explanations and to clarify and reinforce a caveat proposed 30 years ago. Makes a recommendation for seeking innovative marketing strategies which are designed to remove some of the myopia‐caused restrictions on the range of strategic options.

Details

Journal of Product & Brand Management, vol. 2 no. 3
Type: Research Article
ISSN: 1061-0421

Keywords

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Article
Publication date: 10 July 2023

Aparna Sameer Dixit

The purpose of this study is to identify the impact of Michel Porter's generic business-level strategies adopted by the organisation on its employer branding strategy. Based on…

1215

Abstract

Purpose

The purpose of this study is to identify the impact of Michel Porter's generic business-level strategies adopted by the organisation on its employer branding strategy. Based on the expert’s opinion and insights, this study aims to determine the extent to which the employer branding strategy, its inherent significance, the requisite investment and the used tactics are influenced by the organisation's business strategy.

Design/methodology/approach

Considering a phenomenological research design, this study adopted semi-structured interviews as a means to gather qualitative data from a purposive sample comprising HR professionals. The collected data were subjected to thematic analysis, enabling the identification of recurring themes and patterns. Findings and conclusions were subsequently derived in accordance with the outcomes of the thematic analysis.

Findings

The study revealed that the significance, nature, challenges and ways of implementation of employer branding strategies vary depending on the type of business strategy adopted by the organisation. While organisations pursuing a differentiation strategy heavily invest in employer branding and placing considerable efforts into developing an appealing employee value proposition, companies pursuing cost leadership invest relatively less in employer branding by implementing cost-effective tactics. Companies implementing a focus strategy demonstrate a moderate level of investment in employer branding initiatives.

Research limitations/implications

The study is limited to IT, manufacturing and banking sectors only. Additionally, the sample of the study is limited.

Practical implications

Employer branding as a strategy has been widely explored in the recent past. Similarly, Michel Porters’ generic strategies have also been widely researched. However, the interconnection between these two levels of strategies presents novel perspectives for business strategists and HR professionals involved in the formulation and implementation of HR strategies. This linkage provides valuable insights that facilitate effective decision-making in relation to employer branding strategies, enabling organisations to prioritise their objectives more effectively.

Originality/value

The existing literature lacks research that investigates the connection between employer branding strategy and business strategy. Hence, this study represents a pioneering effort that aims to explore this unexplored linkage. Further, this research effort has also uncovered previously uninvestigated findings concerning the comparative analysis of employer branding strategies across different sectors while examining the connection between business strategy and employer branding strategy.

Details

International Journal of Organizational Analysis, vol. 32 no. 6
Type: Research Article
ISSN: 1934-8835

Keywords

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