Economic growth, without distributional measures and policies, engenders inequality and concentration. National income may be distributed either through the establishment of a…
Abstract
Economic growth, without distributional measures and policies, engenders inequality and concentration. National income may be distributed either through the establishment of a proper welfare system, or by the encouragement of and incentive for economic activities and policies with built‐in distributional factors. The prerequisites for sustainable income distribution are fair distribution of assets, investments and power. The main outcome of the growth‐based developing theories and activities are concentration of production, people and financial and political power. These concentrations are the sources of many problems of both developing and industrialised countries. Although there have been countless studies about development, few have made an attempt to investigate the social and economic interactions of small business with sustainable development. Small business’ contributions to the process of development, in terms of distribution of economic and non‐economic resources, are substantial. This article will explore the economic and political distributional power of small business and their roles in the process of socio‐economic development.
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Alireza Amini, Masood Khodadadi, Amin Nikbakht and Fatemeh Nemati
Nowadays, the tourism industry is considered the largest and most diverse industry in the world, which can play a significant role in the economic growth and development of a…
Abstract
Purpose
Nowadays, the tourism industry is considered the largest and most diverse industry in the world, which can play a significant role in the economic growth and development of a country as the main source of income and employment. In this regard, the purpose of this study is to focus on evaluating the competitiveness indicators of Shiraz city tourism destination based on a combined model.
Design/methodology/approach
For this purpose, a questionnaire with 78 questions was used to evaluate the indicators, in which a total of 1,432 tourists participated, including 927 domestic tourists and 505 international tourists. The collected data were analyzed to determine the hierarchical relationship between the indicators using equation structural modeling.
Findings
The research findings indicate that the most effective and influential indicators in the field of tourism competitiveness are natural and handmade resources, and the most influential factors are demand conditions and cultural and natural resources. In this hierarchy, each factor affects its previous level and influences the next level.
Originality/value
This study offers significant potential for uncovering credible and robust approaches to further investigate the contextualization of tourism competitiveness on both national and international scales, thereby generating valuable new insights. By conceptualizing the diverse dimensions of tourism competitiveness and delving into the variations in its impacts across multiple levels, this research not only challenges existing notions but also aids destinations in maintaining and enhancing their market position and share over time. This study offers valuable insights and practical implications for both researchers and practitioners in the field of urban tourism. It enhances the understanding of destination competitiveness, informs policy decisions, facilitates benchmarking and best practices, guides strategic decision-making and promotes sustainable tourism development.
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Dwi Purbayanti, Rinny Ardina, Syahrida Dian Ardhany, Rudi Gunawan and Mohammad Rizki Fadhil Pratama
Fish processing by grilling can produce emissions that contain toxic compounds that can have short- and long-term effects on human health. Another study reported that exposure to…
Abstract
Purpose
Fish processing by grilling can produce emissions that contain toxic compounds that can have short- and long-term effects on human health. Another study reported that exposure to air pollutants is hematotoxic. The purpose of this paper is to determine the effect of smoke exposure on fish grill results on hematological parameters.
Design/methodology/approach
The subjects of this study were 90 grilled fish sellers, with 32 processed food sellers who did not sell grill food as a control. The hematological analysis was performed using the Hematology Analyzers KX300 instrument.
Findings
The results showed that the mean value of hematological parameters in the test group was higher than the control group except for the number of lymphocytes and mixed cell parameters.
Originality/value
The content of harmful compounds contained in fish grill smoke can increase hematological value in the blood of exposed individuals, which has the potential for health problems and disease progression.
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In real life, excitations are highly non-stationary in frequency and amplitude, which easily induces resonant vibration to structural responses. Conventional control algorithms in…
Abstract
Purpose
In real life, excitations are highly non-stationary in frequency and amplitude, which easily induces resonant vibration to structural responses. Conventional control algorithms in this case cannot guarantee cost-effective control effort and efficient structural response alleviation. To this end, this paper proposes a novel adaptive linear quadratic regulator (LQR) by integrating wavelet transform and genetic algorithm (GA).
Design/methodology/approach
In each time interval, multiresolution analysis of real-time structural responses returns filtered time signals dominated by different frequency bands. Minimization of cost function in each frequency band obtains control law and gain matrix that depend on temporal-frequency band, so suppressing resonance-induced filtered response signal can be directly achieved by regulating gain matrix in the temporal-frequency band, leading to emphasizing cost-function weights on control and state. To efficiently subdivide gain matrices in resonant and normal frequency bands, the cost-function weights are optimized by a developed procedure associated to genetic algorithm. Single-degree-of-freedom (SDOF) and multi-degree-of-freedom (MDOF) structures subjected to near- and far-fault ground motions are studied.
Findings
Resonant band requires a larger control force than non-resonant band to decay resonance-induced peak responses. The time-varying cost-function weights generate control force more cost-effective than time-invariant ones. The scheme outperforms existing control algorithms and attains the trade-off between response suppression and control force under non-stationary excitations.
Originality/value
Proposed control law allocates control force amounts depending upon resonant or non-resonant band in each time interval. Cost-function weights and wavelet decomposition level are formulated in an elegant manner. Genetic algorithm-based optimization cost-efficiently results in minimizing structural responses.
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Bambang Tjahjadi, Noorlailie Soewarno, Viviani Nadyaningrum and Aisyah Aminy
This study aims to investigate whether human capital readiness affects business performance, and if so, whether the effect is mediated by global market orientation.
Abstract
Purpose
This study aims to investigate whether human capital readiness affects business performance, and if so, whether the effect is mediated by global market orientation.
Design/methodology/approach
This is a quantitative study employing partial least square structural equation modeling (PLS-SEM) to test the hypotheses. Using a survey method, the data were collected using both online and offline questionnaires. As many as 433 owners/managers of micro-, small- and-medium-sized enterprises (MSMEs) in the East Java Province of Indonesia participated in this study. A mediating research framework was developed to investigate the mediating role of global marketing orientation on the human capital readiness–business performance relationship.
Findings
The results show that human capital readiness has a direct and positive effect on business performance. Further analysis reveals that global market orientation partially mediates the effect of human capital readiness on business performance.
Research limitations/implications
First, this study focuses on the MSMEs in the East Java Province of Indonesia. Caution needs to be taken if the results are generalized to other regions. Second, it employed a survey method that is commonly criticized as having the potential to be biased.
Practical implications
The findings provide a more comprehensive understanding of owners/managers of human capital readiness and how it should be improved to better execute global market orientation strategies to achieve the desired business performance.
Social implications
Because MSMEs play a crucial role in society, this study provides a general model to improve the welfare of society by enhancing the MSMEs' business performance. By understanding its antecedents, namely, human capital readiness and the global market orientation, improvements can be made.
Originality/value
Human capital readiness has been rarely examined in previous studies. This is the only study applying the constructs of human capital readiness, global market orientation and business performance to the Indonesian MSME research setting.
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Dipa Mulia, Hardius Usman and Novia Budi Parwanto
The purposes of this study are to develop an extended technology acceptance model (TAM) model by adding customer intimacy, perceived risk, trust and Sharia compliance as external…
Abstract
Purpose
The purposes of this study are to develop an extended technology acceptance model (TAM) model by adding customer intimacy, perceived risk, trust and Sharia compliance as external variables, in which TAM is used as the evaluation method for the use of e-banking and m-banking by customers of Islamic bank; and to study the role of customer intimacy in increasing satisfaction and encouraging loyalty of Islamic bank customers in using e-banking and m-banking.
Design/methodology/approach
Data collection is carried out by the self-administered survey method with Islamic bank customers as target population. Multivariate analysis of variance and multiple linear regression are applied for data analysis.
Findings
Customer intimacy not only encourages the emergence of customer loyalty directly, but also affects the factors that determine customer loyalty itself, such as perceived usefulness, perceived ease of use, perceived risk, trust, sharia compliance and satisfaction. In other words, customer intimacy has a direct and indirect influence on loyalty.
Originality/value
This paper offers an extended TAM constructs to study the role of customer intimacy in increasing loyalty by considering various variables, namely, perceived risk, trust, Sharia compliance and satisfaction. Similar research is still very limited in the banking marketing literature, especially in Islamic banks context.
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Meysam Amini, Qaran Dorosti, Davood Rahimyar, Hassan Biglarian and Esmaeil GhasemiKafrudi
This study aims to introduce a new modified method for estimating steam turbine high pressure (HP)-intermediate pressure (IP) leakage flow based on the experimental data extracted…
Abstract
Purpose
This study aims to introduce a new modified method for estimating steam turbine high pressure (HP)-intermediate pressure (IP) leakage flow based on the experimental data extracted from a 250 MW re-heat steam turbine.
Design/methodology/approach
Effects of measurement uncertainties on the test results are investigated and key parameters are specified via a new modified method to diminish the test uncertainties. The recommended method is based on a constant IP turbine pressure ratio at the same loads. Considering this assumption, it was found that the turbine pressure ratio can be achieved in the second and the third tests with a much longer duration.
Findings
The results showed that the cross-over temperature is a major parameter in the leakage flow estimation tests, whereas hot reheat and cross-over pressures are the next priorities. It was also observed that as the cross-over temperature varies by 1°C, the estimated leakage flow error significantly differs by up to 72.6 per cent.
Originality/value
It is concluded that the present modified HP-IP leakage flow estimation method seems to be more accurate in comparison with previously proposed methods in literature.
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The role of women entrepreneurs in the food industry is becoming increasingly significant, as this sector is dynamic and competitive. This study seeks to enhance theoretical…
Abstract
Purpose
The role of women entrepreneurs in the food industry is becoming increasingly significant, as this sector is dynamic and competitive. This study seeks to enhance theoretical comprehension by assessing the role of social capital on business performance through mediating role of network resources and moderating role of national culture.
Design/methodology/approach
The researchers have employed a cross-sectional causal design for this analysis. This research methodology enables us to examine the intricate interrelationships among several variables in the domain of female entrepreneurs in the food industry. The study included 403 female entrepreneurs actively engaged in the food industry.
Findings
The results indicate that a firm's internal and external social capital investments positively influence network resource acquisition. In addition, network resource acquisition positively affects business performance in women-led food enterprises and mediates the relationship between social capital and business performance. Moreover, national culture moderates the association between social capital and business performance.
Research limitations/implications
The study is limited by its narrow focus on the food sector industry and its restriction to the geographic location of India, hence reducing its generalizability.
Originality/value
This study significantly contributes to the existing body of knowledge in entrepreneurship and social network research. This study deviates from previous research by introducing a strategic intermediate variable called network resource acquisition between social capital and business performance. Moreover, the moderating role of national culture, which has been understudied in previous works, has also been examined in the proposed research framework.
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Sajad Rezaei, Muslim Amin, Minoo Moghaddam and Norshidah Mohamed
The purpose of this study is to examine the impact of service quality, perceived usefulness and users’ cognitive satisfaction to determine the third-generation (3G) mobile phone…
Abstract
Purpose
The purpose of this study is to examine the impact of service quality, perceived usefulness and users’ cognitive satisfaction to determine the third-generation (3G) mobile phone users’ behavioural retention in using 3G telecommunications services.
Design/methodology/approach
A total of 243 valid questionnaires were collected from 3G users in the Klang Valley, Malaysia. The combination of partial least squares (PLS) path modelling approach and structural equation modelling (SEM; PLS-SEM) technique was used to analyze the measurement and structural model.
Findings
Our empirical assessment supports the proposed research hypotheses and further suggests that service quality is a second-order reflective construct comprising navigation and visual design, management and customer service and system reliability and connection quality.
Originality/value
Prior studies have examined the impact of service quality, perceived usefulness, overall users’ satisfaction and behavioural intention on an information system in general. This study is among the few studies that have attempted to gain insights into 3G users’ post-adoption experience with telecommunications services.
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Qingmei Tan, Muhammad Haroon Rasheed and Muhammad Shahid Rasheed
Despite its devastating nature, the COVID-19 pandemic has also catalyzed a substantial surge in the adoption and integration of technological tools within economies, exerting a…
Abstract
Purpose
Despite its devastating nature, the COVID-19 pandemic has also catalyzed a substantial surge in the adoption and integration of technological tools within economies, exerting a profound influence on the dissemination of information among participants in stock markets. Consequently, this present study delves into the ramifications of post-pandemic dynamics on stock market behavior. It also examines the relationship between investors' sentiments, underlying behavioral drivers and their collective impact on global stock markets.
Design/methodology/approach
Drawing upon data spanning from 2012 to 2023 and encompassing major world indices classified by Morgan Stanley Capital International’s (MSCI) market and regional taxonomy, this study employs a threshold regression model. This model effectively distinguishes the thresholds within these influential factors. To evaluate the statistical significance of variances across these thresholds, a Wald coefficient analysis was applied.
Findings
The empirical results highlighted the substantive role that investors' sentiments and behavioral determinants play in shaping the predictability of returns on a global scale. However, their influence on developed economies and the continents of America appears comparatively lower compared with the Asia–Pacific markets. Similarly, the regions characterized by a more pronounced influence of behavioral factors seem to reduce their reliance on these factors in the post-pandemic landscape and vice versa. Interestingly, the post COVID-19 technological advancements also appear to exert a lesser impact on developed nations.
Originality/value
This study pioneers the investigation of these contextual dissimilarities, thereby charting new avenues for subsequent research studies. These insights shed valuable light on the contextualized nexus between technology, societal dynamics, behavioral biases and their collective impact on stock markets. Furthermore, the study's revelations offer a unique vantage point for addressing market inefficiencies by pinpointing the pivotal factors driving such behavioral patterns.