The current paper extends previous studies on the match between CEO and firm and explores whether certain characteristics of young CEOs make them more desirable to young firms…
Abstract
Purpose
The current paper extends previous studies on the match between CEO and firm and explores whether certain characteristics of young CEOs make them more desirable to young firms. Results in this paper will provide useful information to startup companies when they need to find managers leading the firms.
Design/methodology/approach
This study use a large sample of panel regression to study the match between CEOs and firm via a difference-in-differences approach.
Findings
The author finds that young firms hire a disproportionately higher percentage of young CEOs than established firms. Young firms led by young CEOs exhibit higher growth rates in sales and assets and invest more in capital expenditure and R&D activities than similar firms led by older CEOs. Young CEOs in young firms also receive higher compensation than both older CEOs working in young firms and young CEOs working in established firms.
Originality/value
There are many studies examining how CEO age affect their decision-making process. There are also many studies examining the differences between young firms and established firms. However, there is no study so far examining the intersection of the two questions above. Specifically, whether the differences between young vs established firms make certain characteristics of young CEOs beneficial to young firms.
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Allan K.K. Chan and Yue‐Yuan Huang
This is the third of a series of studies on Chinese brand naming using content analysis from a linguistic perspective. The first study generalized the principles guiding Chinese…
Abstract
This is the third of a series of studies on Chinese brand naming using content analysis from a linguistic perspective. The first study generalized the principles guiding Chinese brands in terms of syllable pattern, tone pattern, compounding structure and semantic preference. The second looked at specific branding rules, focusing on two entirely different products: cosmetic products and bicycles. The present study, following the same linguistic framework of analysis, analyzes three groups of closely related products: spirits, beers, soft drinks, to see how these brands are creatively and distinctively constructed. Finds that the brand naming patterns of the three drinks are basically in agreement with the general Chinese branding principles, and the differences among them directly reflect the development, the consumer markets and characteristics of each product.
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Hinrich Voss, Peter J. Buckley and Adam R. Cross
Mainland Chinese firms have become important international investors. Many have gained their capabilities to internationalize in a domestic institutional environment characterised…
Abstract
Mainland Chinese firms have become important international investors. Many have gained their capabilities to internationalize in a domestic institutional environment characterised by significant market imperfections. In this study, we argue that the imperfections affect firm behavior depending on firm size, ownership form, and location. We find preliminary support for the notion that large, well connected Chinese firms benefit most from institutional advantages, but that smaller firms internationalize because of institutional constraints. This represents a more nuanced view of the determinants of Chinese firm internationalization than is evident in prior research, with consequences for future theorising and empirical research on Chinese MNEs.
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It is suggested that, to be successful, innovation teams should be small and consist of people with key expertise who want to participate and develop new solutions within their…
Abstract
It is suggested that, to be successful, innovation teams should be small and consist of people with key expertise who want to participate and develop new solutions within their organisations. When it comes to conducting innovation work, I suggest shared leadership may be a factor influencing success. In this chapter, a theoretical framework is presented on the shared leadership of innovation teams. The key to establishing shared leadership in innovation teams is to plan for it as the team is created, not after the team has already been formed, as this may result in various problems in the intended innovation project. The proposed framework details key aspects to consider; some of which are related to external factors such as management and resources, and some to internal factors such as the team’s size, competencies, and their ability to develop norms and ways of working together. The proposed framework is applicable for managers, innovation leaders, and team members, and contributes to previous research on shared leadership and innovation leadership. Further research on the proposed framework is suggested.
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Fangjie Yu, Yunfei Liu, Longqing Fan, Linhua Li, Yong Han and Ge Chen
In this paper, a light-weight, low-power atmospheric multi-parameter sensor (AMPS), which could be mounted on small flying platforms such as a tethered balloon, a quad-rotor…
Abstract
Purpose
In this paper, a light-weight, low-power atmospheric multi-parameter sensor (AMPS), which could be mounted on small flying platforms such as a tethered balloon, a quad-rotor unmanned aerial vehicle (UAV), a UAV helicopter, etc., is implemented and integrated to sample vertical distribution of aerosols with integrated parameters of aerosol particle concentration, temperature, relative humidity and atmospheric pressure.
Design/methodology/approach
The AMPS integrates three kinds of probes in an embedded system. A synchronous method based on GPS is proposed to drive the laser aerosol particle sensor, the temperature and humidity probe and the pressure probe to sample four channels approximately simultaneously. Different kinds of housing are designed to accommodate various flying platforms, and the weight is controlled to adapt the payload of each platform.
Findings
A series of validation tests show that while the AMPS achieves high precision, its power consumption is less than 1.3 W, which is essential for light flying platforms. The AMPS was mounted on different flying platforms and the difference was evaluated. For three times every five days, vertical profiles of PM2.5 and PM10 concentrations were observed by the AMPS mounted on a quad-rotor UAV, which revealed the significant correlation between the aerosol particle concentration and atmospheric parameters.
Originality/value
A new light-weight and low-power AMPS for small flying platforms is designed and tested, which provides an effective way to explore the properties of aerosol vertical distribution, and to monitor pollutants flexibly.
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The purpose of this paper is to bridge the understanding of apparent dichotomies such as East and West, philosophy and social sciences, and antiquity and modernity, and to…
Abstract
Purpose
The purpose of this paper is to bridge the understanding of apparent dichotomies such as East and West, philosophy and social sciences, and antiquity and modernity, and to continue the vibrant expansion of competitive dynamics study into the realm of East-West theoretical fusion.
Design/methodology/approach
The author looks to classical Chinese philosophy to discover the origins and nature of competitive dynamics. The paper develops the premise that the foundational thrusts of this contemporary Western management topic spring from ancient Eastern conceptions of duality, relativity, and time.
Findings
Research inroads are made along two paths. First, the paper traces the theoretical and philosophical underpinnings of competitive dynamics to Eastern thinking. Then by bridging what have customarily been perceived as fundamentally different paradigms, it reveals, in a new light, empirical findings in this strategy subfield.
Research limitations/implications
Linking Western management science, and specifically the study of competitive dynamics, to classical Eastern philosophy raises new research questions in the areas of international management and management education as well as competitive dynamics. In the latter, the paper suggests opportunities for exploring connections between traditional Chinese concepts and contemporary organizational and competition research issues, including competitive and cooperative relationships at the industry level. Future research may also investigate the fundamental differences and similarities between Eastern and Western philosophies, and their implications for competitive strategies.
Originality/value
From a relatively obscure corner of business academia, competitive dynamics now occupies a distinct place in strategic management research and is a topic of intense interest to scholars in a variety of disciplines. The usual view is that competitive dynamics fits squarely in the spectrum of social sciences, an organically home-grown area of Western study. This paper examines the topic from a distinctly different angle – through the lens of ancient Eastern philosophy – to discern deeper a deeper meaning and wider application.
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Wenhuan Ai, Zheng Qing Lei, Li Danyang, Jingming Zeng and Dawei Liu
Highway traffic systems are complex and variable, and studying the bifurcation characteristics of traffic flow systems and designing control schemes for unstable bifurcation…
Abstract
Purpose
Highway traffic systems are complex and variable, and studying the bifurcation characteristics of traffic flow systems and designing control schemes for unstable bifurcation points can alleviate traffic congestion from a new perspective. Bifurcation analysis is used to explain the changes in system stability, identify the unstable bifurcation points of the system, and design feedback controllers to realize the control of the unstable bifurcation points of the traffic system. It helps to control the sudden changes in the stable behavior of the traffic system and helps to alleviate traffic congestion, which is of great practical significance.
Design/methodology/approach
In this paper, we improve the macroscopic traffic flow model by integrating severe weather factors such as rainfall, snowfall, and dust. We use traveling wave transform to convert it into a traffic flow stability model suitable for branching analysis, thus converting the traffic flow problem into a system stability analysis problem. First, this paper derives the existence conditions of the model Hopf bifurcation and saddle-node bifurcation for the improved macroscopic model, and finds the stability mutation point of the system. Secondly, the connection between the stability mutation points and bifurcation points of the traffic system is analyzed. Finally, for the unstable bifurcation point, a nonlinear system feedback controller is designed using Chebyshev polynomial approximation and stochastic feedback control method.
Findings
The Hopf bifurcation is delayed and completely eliminated without changing the equilibrium point of the system, thus controlling the abrupt behavior of the traffic system.
Originality/value
Currently there are fewer studies to explain the changes in the stability of the transportation system through bifurcation analysis, in this paper; we design a feedback controller for the unstable bifurcation point of the system to realize the control of the transportation system. It is a new research method that helps to control the sudden change of the stable behavior of the traffic system and helps to alleviate traffic congestion, which is of great practical significance.
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Long Nguyen Phi, Dung Hoang Phuong and Thong Vu Huy
This paper seeks to revisit the interrelationship among tourists’ perceived value of the destination, tourist satisfaction and destination loyalty in the heritage tourism site of…
Abstract
Purpose
This paper seeks to revisit the interrelationship among tourists’ perceived value of the destination, tourist satisfaction and destination loyalty in the heritage tourism site of Hoi An. In addition, the moderating role of tourists’ perceived crowding, which has become remarkably common at the site, in such a triangle relationship will also be explored. In other words, this study aims to validate an extended model of perceived value – tourist satisfaction – destination loyalty – perceived crowding.
Design/methodology/approach
The study collects data from 403 tourists who visited Hoi An during peak season through an online questionnaire. The data were later analysed using AMOS and Warp partial least squares.
Findings
The results validate the significant and positive correlation among perceived value, customer satisfaction and destination loyalty. Also, perceived crowding was confirmed to affect the relationship among these three variables negatively. In terms of academic contributions, this paper empirically proved that low levels of tourist satisfaction and destination loyalty among tourists who highly value their visiting experience at World Heritage Sites (WHS) can be caused by perceived crowding.
Originality/value
So far, current literature has investigated the direct (either positive or negative) relationship between perceived crowding and post-visit behaviours of tourists (Nie et al., 2022; Papadopoulou, Ribeiro, & Prayag, 2023; Stemmer, Gjerald, & Øgaard, 2022). Broadening this area of research, the authors of this paper used the social interference theory and the stimulus-overload theory to explain the low level of tourist satisfaction and destination loyalty among tourists who highly value their visiting experience at WHS.
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Durgesh Agnihotri, Pallavi Chaturvedi, Kriti Swarup, Anshul Mathur, Vikas Tripathi and Nripendra Singh
The study investigates the relationship between social presence dimensions and customer brand engagement (CBE) as well as the relation between customer brand engagement and…
Abstract
Purpose
The study investigates the relationship between social presence dimensions and customer brand engagement (CBE) as well as the relation between customer brand engagement and purchase intention (PI) in the fashion retail metaverse with self-efficacy moderating between CBE and PI.
Design/methodology/approach
The data were gathered by conducting an online survey (n = 476) from young adults exposed to fashion retail metaverse platforms. The collected data were analyzed using structural equation modeling.
Findings
The findings discovered that social presence dimensions positively impact CBE, which substantially impacts the PI of young consumers in the fashion retail metaverse. The findings demonstrate that self-efficacy moderates the relationship between CBE and PI.
Research limitations/implications
This study uses cross-sectional data in the fashion retail metaverse for young consumers. Future studies can use longitudinal data in the context of other industries and demographic profiles to assess changing customer behavior.
Practical implications
This study implies that customer experiences can be enriched through social presence dimensions, helping brands adapt their offers to create more engaging and rewarding customer interactions. It offers insights for brand managers aiming to augment the relationship between CBE and PI.
Originality/value
The study uniquely explores the relationship between social presence dimensions and CBE within the fashion retail metaverse. It examines self-efficacy as a moderator between CBE and PI, providing fresh insights into consumer behavior in the fashion retail metaverse.
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In recent years, the frequency of emergencies, such as natural disasters and public health crises, has markedly increased globally. These occurrences have introduced new…
Abstract
Purpose
In recent years, the frequency of emergencies, such as natural disasters and public health crises, has markedly increased globally. These occurrences have introduced new challenges to national public security systems and emergency management capabilities. Post-disaster humanitarian logistic operations involve the collection of emergency relief resources to mitigate the impact of disasters in affected areas. Effective coordination among governments, enterprises and charities is essential to enhance the efficiency of these operations. This study employs evolutionary game theory to explore the strategic interactions and behavioral patterns among these key stakeholders during the collection of emergency materials.
Design/methodology/approach
A tripartite evolutionary game model involving governments, enterprises and charities is developed. Subsequently, to validate the theoretical findings, a scale-free network is constructed for the purpose of numerical simulations. As this network evolves, both the edges between nodes and the strategy choices of the nodes also change. Numerical simulations are conducted using the network to examine the sensitivity of factors influencing strategic choices among game stakeholders.
Findings
According to the model simulation results, penalties significantly influence government regulation strength, while enterprise philanthropic behavior is mainly affected by penalties, profit transfer benefits and trust loss. For charities, strategic choices are primarily driven by penalties, tax subsidies, illegal operation benefits and charitable costs. The findings provide a theoretical basis for governments, enterprises and charities to select the sensible strategy.
Originality/value
Our study establishes a dynamic network of edges and nodes evolving over time to analyze the strategic evolutionary paths of governments, enterprises and charities from a micro perspective. The results assist governments, enterprises and charities in making more strategic decisions.