Andrew E. Baum and Bryan D. MacGregor
Starts from the basic principles of property investment and showsthat the initial yield conceals estimates of a risk premium, expectedincome growth and expected depreciation…
Abstract
Starts from the basic principles of property investment and shows that the initial yield conceals estimates of a risk premium, expected income growth and expected depreciation. Suggests that an explicit valuation procedure which can be used at any level ranging from a single property to the aggregate market may be constructed. Concludes that the surveying profession is under threat from those able to meet the growing demand for such explicit analyses.
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Frances Fabian and Hermann Achidi Ndofor
Past entrepreneurship research has emphasized the importance of the context of the entrepreneur (e.g., personality) along with environmental characteristics as predictors of the…
Abstract
Past entrepreneurship research has emphasized the importance of the context of the entrepreneur (e.g., personality) along with environmental characteristics as predictors of the success of new ventures. Additional literature has expanded our understanding of how implementation processes such as business planning, social networking, and external financing may be key to new venture performance. This paper offers 12 propositions that link these two literatures. Specifically, we argue that the personality and goals of the entrepreneur, as well as the dynamism and munificence of the environment, may affect how well implementation processes enhance new venture performance.
By using a new feature extraction method on the Cert data set and using a hidden Markov model (HMM) to model and analyze the behavior of users to distinguish whether the behavior…
Abstract
Purpose
By using a new feature extraction method on the Cert data set and using a hidden Markov model (HMM) to model and analyze the behavior of users to distinguish whether the behavior is normal within a continuous period.
Design/methodology/approach
Feature extraction of five parts of the time series by rules and sorting in chronological order. Use the obtained features to calculate the probability parameters required by the HMM model and establish a behavior model for each user. When the user has abnormal behavior, the model will return a very low probability value to distinguish between normal and abnormal information.
Findings
Generally, HMM parameters are obtained by supervised learning and unsupervised learning, but the hidden state cannot be clearly defined. When the hidden state is determined according to the data set, the accuracy of the model will be improved.
Originality/value
This paper proposes a new feature extraction method and analysis mode, which determines the shape of the hidden state according to the situation of the data set, making subsequent HMM modeling simple and efficient and in turn improving the accuracy of user behavior detection.
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Mohamed Mousa, Ahmad Arslan and Hala Abdelgaffar
This study aims to analyse how talent management practices in family-owned hotels contribute to their employees' fulfilment of their psychological contract.
Abstract
Purpose
This study aims to analyse how talent management practices in family-owned hotels contribute to their employees' fulfilment of their psychological contract.
Design/methodology/approach
Semi-structured interviews were conducted with 30 employees working at three different family business hotels in Sharm El-Sheikh, Egypt. Moreover, thematic analysis was undertaken on the collected data resulting in four major themes.
Findings
The findings revealed that stimulating employees to fulfil their psychological contract towards their family-owned hotels leads to several benefits. First, it leads to talent management practices that support crisis management, sustainability and resilience. Second, it contributes to empathy towards or at least a deep concern for the future of work in the hospitality sector. Third, to fulfil their psychological contract, employees, particularly non-family members, require inclusive talent management and ongoing training programmes tailored to prepare them to meet current and future challenges in the hospitality sector.
Originality/value
To the best of the authors' knowledge, the present study is the first study to empirically investigate the relationship between talent management practices and the psychological contract of employees in family-owned hotels, especially in developing economy context of Egypt. Also, it is one of the pioneering studies to unpack these dynamics for family as well as non-family employees.
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Jennifer E. Jennings, P. Devereaux Jennings and Royston Greenwood
How do new professional service firms strategically position themselves in fields where developing a favourable external reputation is critical to performance? Are certain…
Abstract
How do new professional service firms strategically position themselves in fields where developing a favourable external reputation is critical to performance? Are certain positioning strategies more effective than others? This study reveals that most professional service firm start-ups attempt to establish themselves by pursuing a strategy of moderate divergence from a field's institutionalized practices. Those that do so, however, do not perform as well as those that either conform more closely to these institutional prescriptions or depart more radically from them. In other words, balance beguiles but purism pays.
This register of current research in social economics has been compiled by the International Institute of Social Economics. The register does not claim to be comprehensive but is…
Abstract
This register of current research in social economics has been compiled by the International Institute of Social Economics. The register does not claim to be comprehensive but is merely an aid for research workers and institutions interested in social economics. The register will be updated and made more comprehensive in the future but this is largely dependent on the inflow of information from researchers in social economics. In order to facilitate this process a standardised form is to be found on the last page of this register. Completed forms, with attached sheets as necessary, should be returned to the compiler: Dr Barrie O. Pettman, Director, International Institute of Social Economics, Enholmes Hall, Patrington, Hull, N. Humberside, England, HU12 OPR. Any other comments on the register will also be welcome.
Yam B. Limbu, C. Jayachandran, Christopher McKinley and Jeonghwan Choi
People living on poverty-level incomes in developing nations face unique health challenges as compared to those in developed nations. New insights emerge from a bottom of the…
Abstract
Purpose
People living on poverty-level incomes in developing nations face unique health challenges as compared to those in developed nations. New insights emerge from a bottom of the pyramid context (India) where culture-based health notions, preventive orientation and health resources differ from developed western health orientations and resources. The purpose of this paper is to explore how structural and cognitive social capital indirectly influence preventive health behavior (PHB) through perceived health value.
Design/methodology/approach
The participants for this study include rural people from Tamil Nadu, a state of India who are classified as those living below poverty level based on a per capita/per day consumption expenditure of Rupees 22.50 (an equivalent of US$0.40 a per capita/per day) (Planning Commission, Government of India, 2012). The study included a total number of 635 participants (312 males and 323 females). Relatively a high response rate (79 percent) was achieved through personal contacts and telephone solicitation, cash incentive and multiple follow-ups. Participants completed a questionnaire assessing structural and cognitive social capital, preventative health behavior, perceived health value, and health locus of control (HLC).
Findings
The results show that perceived health value mediates the relationship between cognitive social capital and PHB. Specifically, cognitive social capital influences BoP people’s assessment of benefits of engaging in PHB, that, in turn, influences PHB. In addition, the findings showed that HLC moderates the effect of social capital on PHB. Social capital positively related to enhanced PHB only among those who believe that health outcomes are controllable.
Originality/value
The authors findings indicate that cognitive social capital has enormous potential in promoting health intervention and the health of poor communities, a sentiment shared by prior researchers (Glenane-Antoniadis et al., 2003; Fisher et al., 2004; Martin et al., 2004; Weitzman and Kawachi, 2000). Overall, from a theoretical, empirical and methodological perspective, the current study offers a unique contribution to the social capital and PHB literature. First, drawing from the HBM and HLC, the findings provide a more nuanced explanation of how distinct aspects of social capital predict PHB. Specifically, the relationship between social capital and PHB is qualified by the extent one perceives personal control over her health. In addition, the cognitive component of social capital influences PHB through perceptions of health value.
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There seems to be some cognitive dissonance between the rapid growth of entrepreneurship education programs in higher education and the insignificant, if not negative, correlation…
Abstract
There seems to be some cognitive dissonance between the rapid growth of entrepreneurship education programs in higher education and the insignificant, if not negative, correlation to new venture creation, especially among the college-aged and recent graduate demographic (Fairlie, Reedy, Morelix, & Russell, 2016; National Chamber Foundation, 2012). Is a bachelor’s degree in entrepreneurship worth it? No, it is argued here that a bachelor’s degree in entrepreneurship is not worth it for a student whose goal is to be an entrepreneur by founding his or her own venture for two main reasons. First, the most important part of an entrepreneur is the set of the dispositional traits that enable them to acquire and operationalize any skill or knowledge quickly, and these cannot be learned through instruction in any degree program. Second, a major in entrepreneurship necessarily means concentrating the majority of study on the diverse, practically infinite, set of possible skills and knowledge needed, at the expense of a deep focus on an area of specialized knowledge from which high quality opportunities can be discovered. Almost any other bachelor’s degree program offers more in terms of opportunity discovery. Given these points, almost any other bachelor’s degree is worth more to a student whose goal is to found a new venture, as they ultimately allow for the discovery of higher quality opportunities for venture creation.
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Anke B. Liegmann, Isabell van Ackeren, René Breiwe, Nina Bremm, Manuela Endberg, Marco Hasselkuß and Sabrina Rutter
School networks are of increasing importance in Germany. Despite not being formally anchored in the structure of the school system, school networks are promoted via a wide variety…
Abstract
School networks are of increasing importance in Germany. Despite not being formally anchored in the structure of the school system, school networks are promoted via a wide variety of programmes. These initiatives have varying aims such as the systemic promotion of school development and the identification of key factors for success. Some programmes even provide for accompanying research into the impact of networks on their success. Following the classification of the German school system according to the cohesion/regulation matrix by Chapman, and suggesting an emphasis on ‘egalitarian culture’, this chapter then focuses on the topic of school-to-school collaboration. Doing so, we shall define our understanding of school networks, present a typology of commonly found networks in Germany and provide systemic examples of some of the larger school networks. The review of the national state of research in this field including experience from two of our research and development projects shows desiderata especially concerning processes of school-to-school collaboration. The role of school leadership, which will be expanded upon further, has proven to be a driver of success in school networks.