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Article
Publication date: 10 April 2017

Christopher John Boudreaux

The purpose of this paper is to examine the cross-country variation in innovation and propose that it can be explained by the presence of market institutions using the Global…

571

Abstract

Purpose

The purpose of this paper is to examine the cross-country variation in innovation and propose that it can be explained by the presence of market institutions using the Global Innovation Index.

Design/methodology/approach

This paper uses ordinary least squares with region and OECD fixed effects to test whether more economic freedom is associated with more innovation.

Findings

The findings reveal that the effect of market institutions on innovation is promoted by both knowledge and creativity. When innovation is broken down into its component measures, the results suggest that a high-quality legal system is associated with more creativity and free trade is associated with greater knowledge.

Originality/value

These findings provide evidence that economic freedom matters for innovation through both creativity and knowledge, particularly through the protection of property rights and the legal system and free trade. Policy makers desiring to spur innovation may want to examine the level of freedom in private ownership and the reduction of trade barriers as a prerequisite for innovation policy.

Details

Journal of Entrepreneurship and Public Policy, vol. 6 no. 1
Type: Research Article
ISSN: 2045-2101

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Article
Publication date: 12 September 2016

Christopher John Boudreaux, Gokhan Karahan and Morris Coats

The purpose of this paper is to discuss the institutional background and the incentive for FIFA executives to engage in corrupt activities. The authors also highlight recent FIFA…

10177

Abstract

Purpose

The purpose of this paper is to discuss the institutional background and the incentive for FIFA executives to engage in corrupt activities. The authors also highlight recent FIFA scandals and discuss approaches that may affect FIFA’s corruption in the future.

Design/methodology/approach

The authors approach this subject through a historical narrative. The authors review the literature on corruption and apply these findings to the FIFA organization. Due to many similarities, the authors are able to juxtapose the successes and failures of the Olympics, and apply these findings to FIFA.

Findings

Based on the examination, the authors find that FIFA’s corruption can be mitigated, but it is a very difficult task to accomplish. The US Department of Justice has helped to jump start a corruption reform in FIFA. This has also facilitated the activities of the FIFA ethics committee. However, only time will tell whether these changes will be meaningful and last.

Originality/value

The contribution is that the authors closely link the sports management and economics literature on corruption using FIFA as the subject of analysis. Because of the recent FIFA scandal, the authors are able to update the corruption literature as it applies to this organization and, more generally, in sports.

Details

Managerial Finance, vol. 42 no. 9
Type: Research Article
ISSN: 0307-4358

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Article
Publication date: 31 July 2020

Bhavneet Walia and Christopher John Boudreaux

Most literature studies have focused on direct treatment costs of injuries. This literature is extended to include the foregone playing time of players as an additional injury…

840

Abstract

Purpose

Most literature studies have focused on direct treatment costs of injuries. This literature is extended to include the foregone playing time of players as an additional injury cost.

Design/methodology/approach

The authors have reviewed the literature on the cost of players’ injuries to professional sports leagues and other organizations.

Findings

The authors concluded that players’ injury costs are substantial and sufficiently variable to be a primary source of financial uncertainty for a team.

Originality/value

This study's value has added risk pooling and league-wide revenue sharing as tools to mitigate the risk of injury costs. Previous literature reviews focused predominately on direct treatment costs.

Details

Managerial Finance, vol. 47 no. 6
Type: Research Article
ISSN: 0307-4358

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Article
Publication date: 29 March 2019

Bhavneet Walia and Christopher John Boudreaux

The purpose of this paper is to review the literature on hospital mergers and acquisitions (M&As).

882

Abstract

Purpose

The purpose of this paper is to review the literature on hospital mergers and acquisitions (M&As).

Design/methodology/approach

The authors conduct a systematic review of the literature on hospital M&As to summarize their effects upon cost of health care delivery (access), efficiency, market power, cost and price. Implications for health care industry policy are provided.

Findings

A significant majority of results conclude lower costs, increased efficiency, but higher prices (due to a market concentration effect) following hospital merger or acquisition. These results are consistent with industrial organization theory and suggest that regulatory policy (e.g. price cap regulation) will raise allocative efficiency, consumer surplus and overall market surplus within markets for hospital services.

Originality/value

This is the first study to review the price, cost and efficiency effects of M&As with respect to industrial organization theory in the context of hospitals. This study also provides regulatory policy implications.

Details

Managerial Finance, vol. 45 no. 10/11
Type: Research Article
ISSN: 0307-4358

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Book part
Publication date: 16 September 2017

Kevin J. Boudreau

Rather than organize as traditional firms, many of today’s companies organize as platforms that sit at the nexus of multiple exchange and production relationships. This chapter…

Abstract

Rather than organize as traditional firms, many of today’s companies organize as platforms that sit at the nexus of multiple exchange and production relationships. This chapter considers a most basic question of organization in platform contexts: the choice of boundaries. Herein, I investigate how classical economic theories of firm boundaries apply to platform-based organization and empirically study how executives made boundary choices in response to changing market and technical challenges in the early mobile computing industry (the predecessor to today’s smartphones). Rather than a strict or unavoidable tradeoff between “openness-versus-control,” most successful platform owners chose their boundaries in a way to simultaneously open-up to outside developers while maintaining coordination across the entire system.

Details

Entrepreneurship, Innovation, and Platforms
Type: Book
ISBN: 978-1-78743-080-8

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Article
Publication date: 1 February 1998

Scott W. Geiger, Christopher J. Robertson and John G. Irwin

Research in escalating commitment has shown that escalation situations are primarily a function of psychological traits such as self‐justification and risk propensity. However…

764

Abstract

Research in escalating commitment has shown that escalation situations are primarily a function of psychological traits such as self‐justification and risk propensity. However, the extent to which these factors affect decision making is dependent upon a number of variables which include the situation, the level of commitment, and the cultural norms involved No studies to date examine the relationship between escalating commitment and cultural values. The purpose of this paper is to extend the work on escalating commitment by examining it from an international perspective. Research propositions explore cultural values and their impact on the escalation of commitment process.

Details

The International Journal of Organizational Analysis, vol. 6 no. 2
Type: Research Article
ISSN: 1055-3185

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Book part
Publication date: 10 August 2018

Allan H. Church, Lorraine M. Dawson, Kira L. Barden, Christina R. Fleck, Christopher T. Rotolo and Michael Tuller

Benchmark surveys regarding talent management assessment practices and interventions of choice for organization development (OD) practitioners have shown 360-degree feedback to be…

Abstract

Benchmark surveys regarding talent management assessment practices and interventions of choice for organization development (OD) practitioners have shown 360-degree feedback to be a popular tool for both development and decision-making in the field today. Although much has been written about implementing 360-degree feedback since its inception in the 1990s, few longitudinal case examples exist where interventions have been applied and their impact measured successfully. This chapter closes the gap by providing research findings and key learnings from five different implementation strategies for enhancing 360-degree feedback in a large multi-national organization. Recommendations and implications for future research are discussed.

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Book part
Publication date: 26 September 2024

Abstract

Details

Research in Personnel and Human Resources Management
Type: Book
ISBN: 978-1-83797-889-2

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Book part
Publication date: 28 August 2018

Peter Robbins

In his inauguration speech of 1961, John F. Kennedy, the first Catholic and youngest-ever holder of the office of US President, famously exhorted citizens to ‘Ask not what your…

Abstract

In his inauguration speech of 1961, John F. Kennedy, the first Catholic and youngest-ever holder of the office of US President, famously exhorted citizens to ‘Ask not what your country can do for you; ask what you can do for your country.’ At the time, few would have interpreted this as a call for open innovation or even citizen crowdsourcing: neither the language nor the architecture then existed for either. But the sentiment he expressed marked the beginning of a campaign of citizen engagement in developing ideas for government. It was, in effect, the first national exhortation for the crowdsourcing of ideas, and Kennedy’s words have subsequently been adapted by Jeff Howe for the modern crowdsourcing context.

Citizen crowdsourcing is now well-established. This chapter sets out to assess how successful it has been as a mechanism for finessing original and meaningful ideas that advance social goals. We look briefly at leading examples of crowdsourcing for social good. We also look at the underlying factors that support it, including the knowledge and input solicited from the crowd; the crowd’s willingness to participate; and the mechanisms through which the crowd can engage. We trace the idea and practice of crowdsourcing back to Socrates in ancient Athens. We look at prosocial behaviour, exploring selected annals of public intellectuals, including Emerson. We examine citizen science as a forerunner of crowdsourcing, then move into the business strategy of open innovation and, finally, we arrive at crowdsourcing for social good in various guises. In conclusion, we explore what has been learned from initiatives that can now be considered current best practice in this area.

Details

Exploring the Culture of Open Innovation
Type: Book
ISBN: 978-1-78743-789-0

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Book part
Publication date: 4 October 2022

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Abstract

Details

Research in Personnel and Human Resources Management
Type: Book
ISBN: 978-1-80455-046-5

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