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Articles 1 - 26 of 26
Full-Text Articles in Business
From Common Ground To Breaking New Ground: Founding Teams' Prior Shared Experience And Start-Up Performance, Florence E. Honore
From Common Ground To Breaking New Ground: Founding Teams' Prior Shared Experience And Start-Up Performance, Florence E. Honore
Florence E. Honore
Start-ups founded by team members with prior shared experience in incumbent firms tend to perform better than other start-ups. While the prior shared experience brings relevant knowledge and coherent routines, the knowledge is also by definition redundant and can corner the new firms in local search and limit innovation. I propose that start-ups may mitigate the negative aspects of shared prior experience by including in the founding team individuals with extensive experience in multiple prior jobs or industries – i.e., job hoppers. I find that job hoppers positively moderate the effect of shared experience on performance. I also find that …
More Thoughts On Microsoft, David R. King
More Thoughts On Microsoft, David R. King
David King
The analysis examining “The case of Microsoft’s Surface Tablet” was developed in the Spring of 2013, but the predictive ability of SWOT analysis is borne out by current events with Steve Ballmer announcing his retirement and Microsoft’s purchase of Nokia’s mobile division. The purchase of Nokia’s mobile division was enabled by the financial assets of Microsoft highlighted by the article, and it fills two strategic needs.
Utilising Generation Y: United States Hospitality And Tourism Students' Perceptions Of Careers In The Industry, Scott Richardson, Nicholas J. Thomas
Utilising Generation Y: United States Hospitality And Tourism Students' Perceptions Of Careers In The Industry, Scott Richardson, Nicholas J. Thomas
Nicholas J. Thomas
This purpose of this study is to ascertain U.S. hospitality and tourism management student's perceptions of jobs in the industry. To undertake this, students were asked to identify which factors were important when choosing a career and whether the hospitality and tourism offers these. Additionally, students were asked their perceptions towards a number of dimensions relating to careers in the hospitality and tourism industry. Overall, it is clear that respondents are generally happy with the careers being offered in hospitality and tourism and are committed to pursuing careers in the industry.
Enhancing Extension Employee Coaching: Navigating The Triangular Relationship, Nancy K. Franz, Robin Weeks
Enhancing Extension Employee Coaching: Navigating The Triangular Relationship, Nancy K. Franz, Robin Weeks
Nancy K. Franz
Coaching Cooperative Extension employees is not easy but provides invaluable results. All three parties in the triangular coaching relationship--the coachee, the coach, and the organization--develop and grow from the process, in turn improving and sustaining the organization. The coaching process helps employees get to know themselves better, be more conscious about their way of being in the world, and contribute more fully to the work around them. This article addresses the importance of coaching employees, characteristics of good coaching, coaching risks, and tips for successful coaching of Cooperative Extension employees.
The Geography Of Innovation Commercialization In The United States During The 1990s, Joshua L. Rosenbloom
The Geography Of Innovation Commercialization In The United States During The 1990s, Joshua L. Rosenbloom
Joshua L. Rosenbloom
This article analyzes the geographic distribution and interrelationship of three measures of innovation commercialization across the 50 largest metropolitan areas in the United States and estimates a model of the factors explaining variations in the location of innovation commercialization. Innovation commercialization tends to be highly concentrated geographically, suggesting the presence of substantial external economies in these functions. Beyond these scale effects, however, the author finds that university science and engineering capacity and local patenting activity both help to account for intercity differences in the level of innovation commercialization activity.
Self-Directed Work Teams: The Antidote For "Heroic Suicide", Nancy K. Franz
Self-Directed Work Teams: The Antidote For "Heroic Suicide", Nancy K. Franz
Nancy K. Franz
Environmental pressures, including deeper accountability and uncertain public funding, enhance interest in the use of self-directed work teams. These pressures and rapid change make solo work in organizations "heroic suicide." This article examines the rationale for self-directed work teams, characteristics of effective work teams, and successful work team leadership.
A Spatial Decision Support System For Planning Broadband, Fixed Wireless Telecommunication Networks, Kevin P. Scheibe
A Spatial Decision Support System For Planning Broadband, Fixed Wireless Telecommunication Networks, Kevin P. Scheibe
Kevin P. Scheibe
Over the last two decades, wireless technology has become ubiquitous in the United States and other developed countries. Consumer devices such as AM/FM radios, cordless and cellular telephones, pagers, satellite televisions, garage door openers, and television channel changers are just some of the applications of wireless technology. More recently, wireless computer networking has seen increasing employment. A few reasons for this move toward wireless networking are improved electronics transmitters and receivers, reduced costs, simplified installation, and enhanced network expandability.The objective of the study is to generate understanding of the planning inherent in a broadband, fixed wireless telecommunication network and to …
Transformative Learning In Extension Staff Partnerships: Facilitating Personal, Joint, And Organizational Change, Nancy K. Franz
Transformative Learning In Extension Staff Partnerships: Facilitating Personal, Joint, And Organizational Change, Nancy K. Franz
Nancy K. Franz
Partnerships can enhance individual and organizational success through more effective problem solving and improved adaptation to change. Learning is often required for successful collaboration that may transform the partners. This article discusses a study that explored learning in Extension staff partnerships that transform the individual, the partnership, and the organization. Three types of learning and eight types of transformative learning are identified. Conditions that promoted transformative learning in successful partnerships included strong partner facilitation, critical reflection, critical events, partner difference bridged by common purpose, and independence with interdependence. Recommendations for nurturing transforming Extension staff partnerships are shared.
A Coverage Model For Topology Design In Wireless Mesh Networks, Kevin P. Scheibe
A Coverage Model For Topology Design In Wireless Mesh Networks, Kevin P. Scheibe
Kevin P. Scheibe
During the last five years, mesh networks have emerged as a promising new technology for fixed wireless radio data networks. Mesh networks differ from traditional wireless radio networks in that customer nodes serve as part of the network backbone by relaying messages from other customers. However, given the high frequency of mesh radio transmitters necessary to provide sufficient data rates, these systems operate by line-of-sight. Thus, the ability to connect random subscriber locations is a major issue. While a few companies have developed systems using mesh technology, all algorithms for topology design appear to be proprietary leaving little if anything …
Leading Organizational Change: A Comparison Of County And Campus Views Of Extension Engagement, Nancy K. Franz, Randall S. Peterson, Amber L. Dailey
Leading Organizational Change: A Comparison Of County And Campus Views Of Extension Engagement, Nancy K. Franz, Randall S. Peterson, Amber L. Dailey
Nancy K. Franz
Feeling pressure from stakeholders, Cornell Cooperative Extension has responded using the Kellogg Commission report on the Future of State and Land-Grant Universities as a blueprint for organizational change. Results of interviews revealed both similarities and differences in county and state staff views of engagement. The most significant difference is that county staff view their jobs as the critical link between community needs and university resources, while campus staff view them as implementers of programs. This finding suggests a need to engage all staff in a mutual dialogue of roles and expectation if change based on Extension engagement is to be …
Tackling The Iso 14000 Maze: Which Firms Adopt And Which Do Not?, Steven A. Melnyk, Robert Sroufe, Frank L. Montabon, Roger Calantone
Tackling The Iso 14000 Maze: Which Firms Adopt And Which Do Not?, Steven A. Melnyk, Robert Sroufe, Frank L. Montabon, Roger Calantone
Frank L. Montabon
ISO 14000 constitutes a major dilemma for most American firms in that they are not sure whether or not to actively pursue this new form of certification. This new standard is attractive as it holds the promise of helping firms become more efficient via better management of waste, yet this new standard deals with environmental performance, a potentially dangerous legal area. Both benefits and cost liabilities are very difficult to quantify and forecast. This leads to great uncertainty as to whether the benefits offered by improving environmental performance are sufficient to outweigh the costs incurred in obtaining certification. This study …
Environmentally Responsible Manufacturing: Assessing The Current State In American Industry, Steven A. Melnyk, Robert Sroufe, Frank L. Montabon, Roger Calantone
Environmentally Responsible Manufacturing: Assessing The Current State In American Industry, Steven A. Melnyk, Robert Sroufe, Frank L. Montabon, Roger Calantone
Frank L. Montabon
To some managers Environmentally Responsible Manufacturing (ERM) can be seen as an opportunity to better understand processes and reduce waste. To others, ERM is an unwarranted intrusion into their functional responsibilities. This paper explores the reasons for these two very different views of ERM. The paper begins by defining the concepts of ERM and Environmental Management Systems (EMS) and identifying the reasons for the increasing importance now associated with each of these concepts. Drawing on the results of a large-scale survey of American managers, a summary of current practices associated with EMS at the plant level is given. Additionally, analysis …
An Investigation Of Environmental Management Systems Motivations And Firm Performance, Robert Sroufe, Steven A. Melnyk, Frank L. Montabon, Roger Calantone
An Investigation Of Environmental Management Systems Motivations And Firm Performance, Robert Sroufe, Steven A. Melnyk, Frank L. Montabon, Roger Calantone
Frank L. Montabon
There are many of issues associated with Environmental Management Systems (EMS). One attempt to overcome these issues can be found in the development of IS0 14000. In this paper, a hypothesized model of the motivations influencing the decision to seek IS0 14000 certification and the relationship to firm performance is examined. The hypothesized model is tested through the use of Structural Equation Modeling (SEM). The results identify positive relationships between uncertainty and the motivations to seek EMS certification. A positive relationship is shown between the status of a firm’s EMS, the environmental options a firm will explore. Finally, a positive …
Iso 14000: Assessing Its Perceived Impact On Corporate Performance, Frank L. Montabon, Steven A. Melnyk, Robert Sroufe, Roger J. Calantone
Iso 14000: Assessing Its Perceived Impact On Corporate Performance, Frank L. Montabon, Steven A. Melnyk, Robert Sroufe, Roger J. Calantone
Frank L. Montabon
The IS0 14000 environmental standard is a relatively recent development in Environmentally Responsible Manufacturing (ERM). It applies to environmental systems and processes the same approach used by its predecessor, the IS0 9000 quality standards. Being relatively new, there are numerous questions regarding the impact of this new standard both on the corporate environmental management system and corporate performance. This paper addresses some of these questions, by drawing on data generated by a large-scale survey of American managers. The results indicate that, even though IS0 14000 has achieved relatively limited acceptance, there is strong evidence to indicate that this standard can …
Investigating The Linkage Between Total Quality Management And Environmentally Responsible Manufacturing, Sime Curkovic, Steve Melnyk, Rob Handfield, Frank L. Montabon, Robert Sroufe
Investigating The Linkage Between Total Quality Management And Environmentally Responsible Manufacturing, Sime Curkovic, Steve Melnyk, Rob Handfield, Frank L. Montabon, Robert Sroufe
Frank L. Montabon
This paper explicitly examines the relationship that exists between Total Quality Management (TQM) and Environmentally Responsible Manufacturing (ERM) systems. It has been presumed in numerous past studies that such a relationship does exist. It has been argued that those firms that have successfuhy implemented a TQM system are better positioned to successfully implement an ERM system. This relationship, however, has not yet been statistically and empirically evaluated. In this study, the authors evaluate this relationship using a large-scale survey of plant managers as the data source and Confirmatory Factor Analysis and Structural Equation Modeling as the statistical tools. The study …
Assessing Iso 14000 Adoption: Towards A Model Of Acceptance, Frank L. Montabon, Roger J. Calantone, Steven A. Melnyk, Robert Sroufe, Sime Curkovic
Assessing Iso 14000 Adoption: Towards A Model Of Acceptance, Frank L. Montabon, Roger J. Calantone, Steven A. Melnyk, Robert Sroufe, Sime Curkovic
Frank L. Montabon
The ISO 14000 certification standard is a relatively new development. Based on the highly successful 1S0 9000 certification standard in quality, 1S0 14000 is oriented towards environmental performance. Since its release, the IS0 14000 standard has generated a great deal of discussion. Its rate of acceptance has not mirrored the rate previously observed for the 1S0 9000 standards. In the United States, some fm have announced that they have no interest in being ISO 14000 certified, while others have committed themselves to this standard, To resolve the apparent paradox, this paper attempts to identify the determinants of 1S0 14000 adoption, …
Environmentally Responsible Manufacturing: The Development And Validation Of A Measurement Model, Sime Curkovic, Robert B. Handfield, Steven A. Melnyk, Frank L. Montabon, Robert Sroufe
Environmentally Responsible Manufacturing: The Development And Validation Of A Measurement Model, Sime Curkovic, Robert B. Handfield, Steven A. Melnyk, Frank L. Montabon, Robert Sroufe
Frank L. Montabon
Since the concept of Environmentally Responsible Manufacturing (ERM) is relatively new, it is not surprising to note the lack of theory-based, empirically-validated constructs and measures. Such constructs and measures are critical to the development and growth of rigorous research in this area. This paper develops and assesses such constructs and measures. Drawn from an exhaustive review of both the quality and ERM-related fields, this study uses the constructs and measures drawn from the Total Quality Management area to develop ERM-related constructs and measures. These are then evaluated using data from a survey of 526 plant managers in the U.S. automotive …
The New Product Design Process And Environmentally Conscious Manufacturing: "Crossing The Chasm" And Other Obstacles, Robert Sroufe, Frank L. Montabon, Steven A. Melnyk, Sime Curkovic
The New Product Design Process And Environmentally Conscious Manufacturing: "Crossing The Chasm" And Other Obstacles, Robert Sroufe, Frank L. Montabon, Steven A. Melnyk, Sime Curkovic
Frank L. Montabon
This paper reports the results of a field study based project focusing on the new product design process within 11 American manufacturing fins. The findings reported indicate that the users exhibit strong differences. The users can be categorized into one of five major groups: innovators, early adopters, early majority, late majority and laggards. These groups strongly parallel the model of new product acceptance initially developed in the computer industry, as presented by Moore (1991). Of interest is the gap that exists between the early adopters and early majority users. This gap forms a chasm. Those factors that account for acceptance …
Risk Analysis Of Black Walnut And Red Oak Plantations, Douglas D. Stokke, Stephen H. Kolison Jr., Jianbang Gan
Risk Analysis Of Black Walnut And Red Oak Plantations, Douglas D. Stokke, Stephen H. Kolison Jr., Jianbang Gan
Douglas D. Stokke
Risks and uncertainties are prevalent in timber production due to the nature and length of the production process. This paper examines the volatility of timber prices and the effects of some economic uncertainties and risks such as fluctuations in timber prices and the interest rate on the economic returns of black walnut and red oak plantations. Historical patterns of timber prices for black walnut and oaks are investigated and compared with those of other timber species and stock price. The sensitivity of economic returns from black walnut and red oak plantations to changes in timber prices and the discount rate …
To Call Of Not To Call Convertible Debt, Louis H. Ederington, Gary L. Caton, Cynthia J. Campbell
To Call Of Not To Call Convertible Debt, Louis H. Ederington, Gary L. Caton, Cynthia J. Campbell
Cynthia J. Campbell
This paper tests various theories of the decision on when to call in-the-money convertible bonds by following newly issued convertible bonds over the first ten years of their life and relating the decision to call or not call at each point to the determining characteristics implied by each theory. Our results support the yield advantage and after-tax cash flow hypotheses, as well as a variant of the safety premium hypothesis. We find no evidence to support the signaling hypothesis, and no evidence that the desire to extinguish the bondholder's option is an important element in the call decision.
Kaizen Blitz: Introducing A New Manufacturing Procedure Based On The Continuous Pursuit Of Perfection, Frank L. Montabon, Steven A. Melnyk, Roger J. Calantone
Kaizen Blitz: Introducing A New Manufacturing Procedure Based On The Continuous Pursuit Of Perfection, Frank L. Montabon, Steven A. Melnyk, Roger J. Calantone
Frank L. Montabon
This paper introduces and describes the Kaizen Blitz. a new approach to system improvement now being used for attaining significant in1provernent in both shop floor and office productivity. The presentation concludes by examining the various research opportunities that this development has uncovered.
Private Security Placements And Resales To The Public Under Sec Rule 144, Cynthia J. Campbell
Private Security Placements And Resales To The Public Under Sec Rule 144, Cynthia J. Campbell
Cynthia J. Campbell
This article summarizes the reasons for the popularity of using the private placement market to raise capital, and describes the composition of the private placement market in terms of the types of securities issued and the dollar amounts raised. The typical security issued is debt for an average and median amount of $51 and $24, respectively. Common equity issues are also small, with average and median amounts of $53 and $17, respectively. A description covers the types of securities actually resold into the public financial markets. Predominantly only common equity is resold to the public and the majority of that …
Measuring Abnormal Daily Trading Volumes For Samples Of Nyse/Ase And Nasdaq Securities Using Parametric And Nonparametric Test Statistics, Cynthia J. Campbell
Measuring Abnormal Daily Trading Volumes For Samples Of Nyse/Ase And Nasdaq Securities Using Parametric And Nonparametric Test Statistics, Cynthia J. Campbell
Cynthia J. Campbell
We extend prior research on the empirical properties of daily trading volume and methods to detect abnormal trading volume in two ways. We compare the performance of a nonparametric test statistic with the parametric test statistic used in prior research and we study samples of NASDAQ securities as well as samples of NYSE/ASE securities. Prior research has focused exclusively on NYSE securities. We find the nonparametric test statistic is more powerful in detecting abnormal trading volume than the parametric test statistic in both samples of NYSE/ASE and NASDAQ securities. We also document that abnormal trading volume will be detected more …
Minorities In Hospitality Management, Robert H. Bosselman
Minorities In Hospitality Management, Robert H. Bosselman
Robert H. Bosselman
Although diversity in hospitality management benefits from business open-door policies and managerial development programs, it will be necessary for educational programs to go well beyond their traditional recruitment and retention programs to help minorities pursue opportunities in the hospitality field. This article reviews minority participation in the field and proposes some strategies for success.
Measuring Security Price Perfonnance Using Daily Returns: Issues Associated With Using Nasdaq Securities, Cynthia J. Campbell, Charles E. Wasley
Measuring Security Price Perfonnance Using Daily Returns: Issues Associated With Using Nasdaq Securities, Cynthia J. Campbell, Charles E. Wasley
Cynthia J. Campbell
This study addresses issues that arise when using daily NASDAQ security returns in event studies. Its objective is to provide benchmarks for assessing the impact of alternative research design choices. The results indicate that test statistics commonly used in event studies are subject to varying degrees of misspecification in samples of NASDAO securities. Misspecification is most severe for traditional z-statistics based on standardized abnormal returns. Across a wide variety of event study settings the rank statistic introduced in Corrado (1989) is consistently well-specified and quite powerful in detecting abnormal performance.
Nonparametric Event Study Tests, Arnold R. Cowan
Nonparametric Event Study Tests, Arnold R. Cowan
Arnold R. Cowan
This paper provides the first documentation of the power and specification of the generalized sign test, which is based on the percentage of positive abnormal returns in an estimation period. In simulations using daily stock return data, the generalized sign test is well specified with both exchange listed and Nasdaq stocks. A rank test is more powerful under ideal conditions. However, the rank test is more sensitive to increases in the length of the event window, to increases in return variance and to thin trading. The generalized sign test is a viable alternative to the rank test under these conditions.