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Seventy‐five new product development projects were studied in ten large companies to test potential strategic and process antecedents to quality. Seven factors were found to significantly increase product quality: high importance placed on quality by top management, high reward for process speed, high project stream breadth, high use of internal (versus external) sources of ideas and technology, low overlap or concurrency of the development process, low turfguarding or “silo” orientation, and high development milestone frequency. These results suggest that managers need to pay attention to both strategic orientation factors and structure‐related organizational capability factors to increase product quality. Staffing‐related factors did not seem to have a strong impact on quality; this suggests that quality is more a function of systemic versus individual factors. Additionally, it was found that there were some differences in the factors associated with high‐quality products between radical and incremental innovations. However, the study is exploratory and further research needs to test these findings as well as extend them to include other interrelationships between factors.

Increased globalization of the world's economies, along with accelerated technological changes are transforming research and development (R&D) activities around the world. The purpose of this paper is to study the technology development in China, particularly in the light of the globalization of R&D activities.

The study is based on a detailed analysis of all US patents granted between 1979 and 2007 in which at least one inventor was a resident of China. US patents have been used as a surrogate measure of technology development and a patent developed with a resident Chinese inventor has been assumed to have been developed in China.

The paper identifies four phases of technical development in China: growth rate of patenting, extent of inventor collaboration, ownership pattern, concentration on technology trajectory and changing role of MNCs characterize each phase. While along the relatively new electrical and ICT technology trajectories, Chinese entities have benefited from the pioneering lead of foreign entities, along the traditional mechanical and chemical trajectories, foreign entities have followed the early work of Chinese entities.

Limitations of the study include the validity of using US patents as the sole measure of technology development. Other measures of technology development may be necessary to validate the findings reported here.

The study provides a rich source of information about different aspects of technology development in China and the challenges it faces in its internationalization.

The identification of four distinct phases have highlighted the pioneering role of foreign entities in opening up some technology trajectories as well as the increasing maturity and competence of all‐Chinese researcher teams.

During past ten years China and India have emerged as the favorite destination for R&D investment. In this paper a comparative evaluation of the process of technology development in China and India is carried out. The objective is to identify the rate of growth of technology and the patterns of development in different technology sectors.

The analysis is based on the tangible, measurable and recorded output of the technology development process – namely grant of patents. The authors have used US patents as the surrogate measure for the technological output between 1992 to 2007. The authors obtained data on inventor's background, ownership pattern of the patents, as well as technology sectors and descriptive statistics are used to compare the trends between the two countries.

The paper finds that both China and India have achieved very high growth rates in patents granted with some resident research between 1992 and 2007. Both have a high percentage of foreign‐owned and low percentage of joint ownership of patents. Also, a clear polarization in the composition of research teams is detected in both China and India in that international researcher teams have largely been used only for foreign and jointly owned patents. The authors find that corporations have become much more active in recent years in patenting and multi national companies have led the local companies in patent development across many sectors. The authors also detect some significant differences in the Chinese and Indian pursuit of patent development. About 30 to 35 percent of all patents developed in China are design patents – the rest being utility patents. For India almost all such patents – more than 95 percent – are utility patents. The authors find a clear dominance along the mechanical trajectory among the patents developed in China, while for India a similar dominance is along the chemical trajectory that includes pharmaceuticals and biotechnology. Another interesting finding is the growing share of ICT patents in both China and India, particularly in the last few years China has emerged ahead of India in terms of its patent development as well as in the internationalization of its patent development as reflected in the ownership of patents developed. However, even for foreign patents developed in these countries, researcher collaboration is showing a downward trend.

This paper carries out a comparative evaluation of the process of technology development in China and India. The analysis is based on the tangible, measurable and recorded output of the technology development process – namely grant of patents. The paper uses US patents as the surrogate measure for the technological output from China and India.

The purpose of this paper is to look back at the first year of publication of the Journal of Indian Business Research (JIBR) and to provide details of the current issue.

It is time to look back at the first year of launch of the JIBR. After all, it is widely believed in the academic publishing world that the first year of a new journal is the most crucial one. This editorial gives details of the current issue, paper by paper.

Filling a much‐felt gap for a high‐quality publishing outlet on Indian business research, JIBR has attracted the attention of leading scholars in the discipline in the very first year of its existence. Renowned scholars such as Jagdish Sheth, Alok Chakrabarti, Raj Aggarwal, Madhukar Angur, G.K. Kalyanaram and Rajendra Sisodia have published their research and/or viewpoints/commentaries in JIBR in its very first year. This issue begins with “Corporate social responsibility communication in the Indian context” wherein Brigitte Planken, Subrat Sahu, and Catherine Nickerson report on research, which investigates the CSR platforms and the communication surrounding those platforms in India. In the second paper titled “Effectiveness of integrated marketing communications: empirical analysis of two brands in India,” Mehir Baidya and Bipasha Maity utilize quarterly, time‐series data over 2000‐2005 for two competing brands in packaged goods business to assess the impact of marketing communication on sales. Pramila Rao, in the third paper titled “A resource‐based analysis of recruitment and selection practices of Indian software companies: a case study approach” enhances our understanding on senior‐level staffing practices of Indian software companies. The next paper by Federica Collato is a case study titled “Is Bangalore the Silicon Valley of Asia? Analysis of the evolution and the structure of this Indian local economy organization.” The final paper of this issue is a viewpoint article on “Overcoming decision flaws from framing” by V.N. Bhattacharya.

The Editorial provides an overview of the inaugural volume of JIBR.

The purpose of this paper is to study the internationalization of technology development in India. The internationalization of research and development (R&D) has not been a recent phenomenon. Large multinational companies increased their R&D investment in various host countries during the past years. While the US and the countries in Western Europe have been the traditional locus of R&D, China and India have emerged lately as the destinations for R&D. The changes in geopolitical systems of trade and intellectual property protection couples with the advances in information and communication technology have helped globalize the R&D activities.

The study has used the US patents as a surrogate measure for the technical output from India. The data include all US patents granted between 1992 and 2007 in which at least one inventor was an Indian resident. Studies in the field of economics of technology and in science policy have used patents as a valid measure of R&D output.

The results of this study indicated that there were three phases of technological development in India. Intensity of patenting, role of the different institutions in technology development, and the focus of technology characterize each phase. By examining the co‐inventors, the authors see how the international cooperation among scientists has shaped. While government laboratories under the aegis of the council of scientific and industrial research had a high number of patents, their role has gone through significant shifts among the three phases. The authors also find that the multinational companies from the US have driven the recent growth in Indian patenting and are using more of all‐Indian teams for patentable research. This indicates maturation the skills of technical personnel in India in terms of developing patentable technology. The study also points out the fact that despite the growth of the Indian corporations in the IT sector, they lack in building their own intellectual property. If India wants to maintain the momentum of growth in corporate R&D, it faces the challenge of upgrading its higher education in producing technical graduates at masters and doctoral levels.

Limitations of the study include the validity of patents as the sole measure of innovation and technology development. The process of obtaining patents in the US is expensive and it may deter some organizations to pursue it. Other methods to obtain data on innovative activities may be necessary to validate the findings reported here.

The study provides a rich source of information about the growth of technological fields in India and the challenges that it faces in building its global competitiveness.

The study should be useful in identifying the sectors where India has developed strengths and the areas where it needs to improve. Also, by examining the ownership pattern of the intellectual property in these sectors, one can postulate the technological independence of Indian organizations.

This paper conceptually aims to discuss the dual role of knowledge management (KM) and technological innovation, which brings about innovations, although it can be limited by psychological and emotional ownership.

This study examines the real impact of the paper on KM and technological innovation in family small to medium enterprises (FSMEs). This is a unique context affected by psychological and emotional ownership. However, COVID-19 has forced FSMEs to consider new strategies and practices to preserve their competitive advantage.

In this scenario, knowledge exchange, knowledge absorption and technology adoption appear relevant to the innovation process. This study offers a framework for how the duality of KM and technological innovation affects innovation.

Although extant research has explored technological innovation outcomes, a literature review reveals that accumulated studies on the drivers of technological innovation and KM in the context of FSMEs require further inquiry. Family members’ emotional ownership may foster KM because identification with organizational goals enhances individuals’ willingness to access and share information and stimulates new products and technological development.

If knowledge management programs are to build lasting value, they must directly support the competitive strategy of the organization.

This study aims to provide a systematic literature review of the research study in the area of limit order book (LOB) mechanism of trading and its implications for market efficiency. The study attempts to document the recent theoretical developments and empirical findings from the literature exhaustively and identifies the research gaps for future research.

The study uses seven reputable databases to select 2,514 research studies spanning over 1981-2018 (finally compressed to a pool of 103 articles, based on relevance and impact). The study uses bibliometric network visualization and text analytics to categorize and examine the literature. The chosen articles are compiled and analyzed to provide a comprehensive account of the current research on LOBs.

The recent LOB literature is summarized on various criteria as follows: sub-areas, the types of economies and markets, methodologies and the LOB measures. The review identifies a dearth of studies on the LOBs in emerging markets. It suggests the potential research areas as intraday studies in emerging LOB markets; application of market indicators based on deeper levels of LOB, beyond the best prices; market fragmentation, order routing decision and its impact on order execution quality; optimal display of LOB levels; liquidity dynamics in quote-driven markets vis-à-vis LOB markets; effect of high-frequency trading on market microstructure; application of advanced techniques (e.g. machine learning models, zero-intelligent models); relationship between the trading speed, order aggressiveness, shape and resilience of the order book and informed trading; and information content of the auxiliary order submission strategies, including cancellation, amendments and hidden orders.

For the past 15 years, to the best of the knowledge, a comprehensive review of the literature on LOBs has not been published. The financial markets have transformed significantly over this period, driven by the adoption of LOBs, low latency trading and technological advancements in information dissemination. This article provides an extensive collection and classification of the literature on LOBs. This would be useful for the practitioners, future researchers and academics in the area of financial markets.

The purpose of this paper is to examine the mediating role of work engagement between the relationship of perceived career support and work performance as well as between the relationship of career adaptability and work performance.

Data were collected form 606 i-generation liquid knowledge workers. They had completed their internship program in the industry for a period of at least one month. Regression analysis was carried out to test the hypothesized framework.

Most of the results indicated support for the hypotheses. Work engagement was found to be mediating the perceived career support and work performance relationship fully. However, work engagement was found to be mediating the career adaptability and work performance relationship only partially.

Engaging liquid workers plays a crucial role in passing the positive effects of perceived career support and career adaptability to work performance.

The findings suggest that managers may take steps to enhance engagement levels of the employees so that it can help the interns high on perceived career support and career adaptability perform well at work.

To the best of the authors’ knowledge, this study is unique that tests and finds the intervening role of work engagement between work performance and the two career-related constructs.