Sustainability in innovation is being increasingly recognized as an important consideration in the current efforts focused on balancing the needs for improved goods and services…
Abstract
Sustainability in innovation is being increasingly recognized as an important consideration in the current efforts focused on balancing the needs for improved goods and services for the current and future generations with the concomitant impact on the natural resources. This paper analyzes the issues surrounding sustainability debate based on a review of rich literature available. It recognizes ecological, economic and social dimensions of sustainability and other important factors like equity, basic needs, public participation, complexity, uncertainty and irreversibility; and, incorporates them all in a systems based decision making framework. It also outlines an approach utilizing the concepts of intra- and inter-generational equity that could be utilized to determine sustainability of goods and services generated through innovative efforts. The proposed approach is expected to facilitate better informed decision making.
Mark MacPherson, Steven Dukeshire, Gefu Wang‐Pruski and Vivek Varma
The North American fresh potato market has been in decline for over ten years, yet little consumer research has penetrated beyond the factors influencing the purchase decision…
Abstract
Purpose
The North American fresh potato market has been in decline for over ten years, yet little consumer research has penetrated beyond the factors influencing the purchase decision. The purpose of this study is to provide a deeper understanding of the purchase decision for the fresh potato by exploring the linkages between the choice tactics employed in the store, post‐purchase evaluations in the home and the value orientations motivating consumption.
Design/methodology/approach
For this study, semi‐structured focus groups were conducted and analyzed using framework analysis.
Findings
This study presents a choice tactic formation and refinement model for the fresh potato that illustrates a feedback process between in‐home evaluations of the fresh potato and the four choice tactics employed at the point of purchase (potato size, color, shape and size uniformity). Each evaluative outcome related back to one of three value orientations (taste, health and lifestyle). Only two of the value orientations (taste and lifestyle) were found to be influencing the formation and refinement of these choice tactics. Positive and negative evaluative outcomes were also found to be dependent on whether participants thought of the potato as either fresh or prepared.
Originality/value
Detailed insights into a feedback process between in‐home evaluations of the fresh potato and the choice tactics employed at the point of purchase.
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Vivek Bhargava and Daniel Konku
The authors analyze the relationship between exchange rate fluctuations of a number of major currencies and its impact on US stock market returns, as proxied by the S&P 500. Many…
Abstract
Purpose
The authors analyze the relationship between exchange rate fluctuations of a number of major currencies and its impact on US stock market returns, as proxied by the S&P 500. Many studies have explored this topic since the early 1970s with varied results and with no evidence that clearly explains the relationship between exchange rates and stock market returns. This study takes a different look at this hypothesis and investigates the pairwise relationship between various exchange rates and the United States stock market returns (S&P 500 INDEX) from January 2000 to December 2019.
Design/methodology/approach
The authors test the data for unit roots using Phillip-Perron method. They use Johansen cointegration model to determine whether returns on S&P 500 are integrated with S&P 500. They use the VAR/VECM analysis to test whether there are any interdependencies between exchange rates and stock market return. Finally, they use various GARCH models, including the EGARCH and TGARCH models, to determine whether there exist volatility spillovers from exchange rate fluctuations in various markets to the volatility in the US stock market.
Findings
Using GARCH modeling, the authors find volatility in Australian dollar, Canadian dollar and the euro impact market return, and the volatility of Australian dollars and euro spills over to the volatility of S&P 500. They also find that the spillover is asymmetric for Australian dollars.
Research limitations/implications
One of the limitations could be that the authors use different bivariate GARCH models rather than the MV-GARCH models. For future project(s), they plan to do this analysis from the perspective of a European Union or a British investor and use returns in those markets to see the impact of exchange rates on those markets. It would be interesting to know how the relationship will change during periods of financial crises. This could be achieved by employing structural break methodology.
Originality/value
Many studies have explored the relation between stock market returns and exchange rates since the early 1970s with varied results and with no evidence that clearly explains the relationship between exchange rates and stock market returns. This paper contributes by adding to the existing literature on impact of exchange rate on stock returns and by providing a detailed and different empirical analysis to support the results.
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With 43.2 million coronavirus cases and 525,000 deaths in 2022, India ranked second worldwide, after the United States (84.6 million cases and 1 million deaths), according to the…
Abstract
With 43.2 million coronavirus cases and 525,000 deaths in 2022, India ranked second worldwide, after the United States (84.6 million cases and 1 million deaths), according to the latest available June 2022 COVID-19 impact data.
Amid people’s growing mistrust in the government, India’s news media enhanced the nation’s distinguished designation as the world’s largest and most populous democracy. India’s news media inform, educate, empower, and entertain a surging population of 1.4 billion people, which is roughly one-sixth of the world’s people.
Drawing upon the media agendamelding theoretical framework, we conducted a case study research into interplay between two prominent democratic institutions, the media and the government, to analyze the role of the COVID-19 pandemic in redefining India’s networked society.
India’s COVID-19 pandemic aggravated internecine tensions between media and government relating to four key freedom issues: (1) world’s largest COVID-19 lockdown affecting 1.3 billion Indians from March 25, 2020 to August 2020 with extensions and five-phased re-openings, to restrict the spread of COVID-19; (2) Internet shutdowns; (3) media censorship during the 1975–1977 “Emergency”; and (4) unabated murders of journalists in India.
Although the COVID-19 pandemic caused deleterious problems debilitating the tensions between the media and the government, India’s journalists thrived by speaking truth to power. This study delineates key aspects of India’s media agendamelding that explicates how the people of India form their media agendas. India’s news audiences meld media messages from newspapers, television, and social media to form a picture of the issues, insights, and ideas that define their lives and times in the 21st century digital age.
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Jitendra Kumar Dixit, Vivek Agrawal and Sucheta Agarwal
The sustainability of a student-initiated startup is function of intention–behavior gap and is inversely related. The overall performance of any university/program is evaluated…
Abstract
Purpose
The sustainability of a student-initiated startup is function of intention–behavior gap and is inversely related. The overall performance of any university/program is evaluated through the number of startups initiated but majority of them are unable to survive when program gets over. Entrepreneurial intention (EI)–behavior gap is a deeply rooted cause behind such compromised entrepreneurial outcome of entrepreneurship education. The purpose of this study is to explore determinants of intention–behavior gap to address sustainability dimension of startups initiated by university students.
Design/methodology/approach
The study has adopted qualitative approach to explore determinants of EI–behavior gap; 12 students-initiated startups had been identified from a private university established in the region of Uttar Pradesh in India. One member from each group of student’s initiated startups had been contacted for in-person interview. Responses collected through structured interviews were analyzed afterward for the purpose.
Findings
The outcome of the study has identified five key determinants and develops a conceptual EI–behavior gap framework to address sustainability challenges of student-initiated startups.
Originality/value
The outcome of this study can be utilized by educational institutions to strengthen their entrepreneurial eco-system to ensure the sustainability of student-initiated startups. Identified determinants may reduce the possibility of startups failures in comparison to non-student entrepreneurs.
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Vivek Agrawal, Rajendra P. Mohanty and Anand Mohan Agrawal
The purpose of this paper is to differentiate the empowering influences of critical enablers of supply chain management (SCM) along with their interrelationships. These empowering…
Abstract
Purpose
The purpose of this paper is to differentiate the empowering influences of critical enablers of supply chain management (SCM) along with their interrelationships. These empowering enablers are significant, as they encourage productive execution to improve organizational performance and stakeholder's satisfaction.
Design/methodology/approach
From the literature review, incidence of a number of SCM enablers were found and they were subjected to critical scrutiny by a considerable number of experts engaged in SCM research and application to identify significant and applicable empowering enablers by grounded interactions. By using Impact Matrix Cross-Reference Multiplication Applied to a Classification analysis, the driving and dependence power were analyzed and the empowering enablers were ordered. This was pursued by building up a structural model of the empowering enablers using interpretive structure modeling, followed with measuring cause–effect relationship using decision-making trial and evaluation laboratory (DEMATEL).
Findings
Among these identified enablers of SCM, operational performance, green SCM, employee empowerment and motivation and strategic association came out to be strategic enablers.
Research limitations/implications
The findings may help the practicing professionals to develop clarity in understanding of these essential enablers and their contextual as well as cause–effect relationship in SCM. The practicing professionals need to focus on all these enablers during implementation of SCM for enhancing the organizational performance and stake holders' satisfaction.
Originality/value
This study is of practical utility in real-life implementation of SCM. The algorithm used in applying the multi-criteria decision-making approach is very user-friendly, and the application of DEMATEL is an innovation compared to previous research. Further, the findings can be used as a benchmark for improving the performance of SCM by considering the cause–effect relationship.