Business Commons^™

Towards A Framework Of The Process Of Open Innovation: Case Of Acclarent In The Medical Device Industry, Hua-Hsin Wan, Xiaohong Quan

Faculty Publications

Using a case study of Acclarent, a medical device company, this paper attempts to propose a framework to further illustrate the process of open innovation in the medical device industry. We examined five elements in the mechanism of the open innovation process. Our paper shows how the success of Acclarent — a medical device start-up — depends on effective management of the flow of knowledge to satisfy unmet needs, while integrating in-depth knowledge of FDA regulations and third-party payers' reimbursement policies into the product innovation process. Read More: http://www.worldscientific.com/doi/abs/10.1142/S0219877014500321

Organizational Structure And Knowledge-Practice Diffusion In The Mnc, Nathaniel C. Lupton, Paul Beamish

Faculty Publications

Purpose

This study aims to examine the interaction of formal and informal cross-border knowledge-sharing practices of four large multinational corporations (MNCs) in aerospace, software, IT services and telecommunications industries. The goal was to determine the manner in which coordination and control mechanisms facilitated knowledge transfer.

Design/methodology/approach

Case studies comprised secondary data and semi-structured interviews with corporate headquarters and subsidiary managers in large MNCs conducted in the USA, Canada, Mexico, China, India and Eastern Europe.

Findings

The primary finding of this study is that knowledge transfer mechanisms arise as a result of both formal and informal structures of the MNC. Formal …

Designing Emotion Awareness Interface For Group Recommender Systems, Yu Chen, Pearl Pu

Faculty Publications, Information Systems & Technology

Group recommender systems help users to find items of interest collaboratively. Support for such collaboration has been mainly provided by interfaces that visualize membership awareness, preference awareness and decision awareness. In this paper, we are interested in investigating the roles of emotion awareness interfaces and how they may enable positive group influence. We first describe the design process behind an emotion annotation tool, which we call CoFeel. We then show that it allows users to annotate and visualize group members' emotions in GroupFun, a group music recommender.

Macroeconomic Variables Effect On Us Market Volatility Using Mc-Garch Model, Jang Hyung Cho, Ahmed Elshahat

Faculty Publications

Forecasting equity volatility was thoroughly investigated during the past three decades. The majority based their forecasts on the dynamics of the underlying equity time series. They helped better understand the dynamics of these time series and understand different aspects of volatility. Other models went a step further to include the effect of news announcement on equity volatility. The vast majority ignored the effect of macroeconomic variable or the state of the economy. This paper proposes a volatility-forecasting model that accounts for effect of fundamental macroeconomic variables that reflect the state of the economy. The explanatory variables used measure the stage …

The Impact Of Software Testing Governance Choices, Xihui Zhang, Colin Onita, Jasbir Dhaliwal

Faculty Publications

Software testing is becoming a critical component of software development, especially because of the proliferation of complex, interconnected, and real-time business applications. As a result, information technology (IT) managers are struggling with pragmatic governance mechanisms for integrating testing with development.Governance issues pertaining to how software testing is organized at strategic, tactical, and operational levels,however, have not received adequate attention in the literature. This study explores the impact of three specificgovernance mechanisms, including the existence of a distinct corporate testing unit, developers and testersreporting to different executives, and the existence of one-to-one matching between developers and testers,on the organizational integration of …

Analysis Of The Relation Between The Spiders Spot And Option Implied Volatility., Stoyu Ivanov

Faculty Publications

In this study we use spectral analysis on SPY (Spiders) options to examine the relation between option spot and implied volatility for this exchange trade fund. We attempt to address the question is there a relation between the option spot and implied volatility or option implied volatility has no relation with the spot exchange trade fund volatility. We find that this relation does exist for SPY at-the-money call and put options and the in-the-money call and out-of-the-money put options. Using two spectral statistics – the coherence and the phase statistics, we find that the SPY option implied volatility and spot …

An Empirical Examination Of Negative Economic Value Added Firms., Stoyu Ivanov, Kenneth Leong, Janis Zaima

Faculty Publications

Economic value-added or EVA is a common metric that quantifies the value of the firm. However, recent studies that examine portfolio investment strategies using EVA suggest that portfolios formed with negative EVA earn relatively higher returns compared to some positive EVA firms. This study investigates whether firms with current negative EVAs perform well in the future. A sample of firms with negative EVAs in 2003 is identified, then four portfolios are formed by ranking firms from the most negative to the least negative EVAs. The returns of the four portfolios are tracked from 2004 through 2009 and correlated to four …

Performance Analysis Of Banks Headquartered In Hollywood Versus Silicon Valley., Stoyu Ivanov

Faculty Publications

In this study we examine the performance of banks headquartered in Hollywood and banks headquartered in Silicon Valley in the period - first quarter 2008 until second quarter 2012, which includes the period of the Great Recession - December 2007 to June 2009. We find that during the financial crisis both Silicon Valley and Hollywood banks suffered but Silicon Valley banks much less than Hollywood banks. After the recession, banks in both regions improved performance again Silicon Valley banks recovering faster. We also find that the level of deposits, the leverage ratio and total loan chargeoffs consistently play a role …

Results Of Environmental Scanning Applied To The Design Of A Deer Management Decision Support System (Dss) For The United States And California, G. Kent Webb

G. Kent Webb

Using freely available internet search tools for environmental scanning, information related to deer management was collected, categorized, and evaluated with the goal of providing public decision support. Key issues raised in the public debate discovered by the search are addressed with relevant information formatted as output for a decision support system – dashboard elements. A graph addresses contradictory reports about the current direction of the deer population; the trend since 2006 appears to be down. Another graph illustrates the approximate longterm population trend; the current U.S. white-tailed deer population is about the same as in 1500. A table summarizes profiles …

Results Of Environmental Scanning Applied To The Design Of A Deer Management Decision Support System (Dss) For The United States And California, G. Kent Webb

Faculty Publications, Information Systems & Technology

Using freely available internet search tools for environmental scanning, information related to deer management was collected, categorized, and evaluated with the goal of providing public decision support. Key issues raised in the public debate discovered by the search are addressed with relevant information formatted as output for a decision support system – dashboard elements. A graph addresses contradictory reports about the current direction of the deer population; the trend since 2006 appears to be down. Another graph illustrates the approximate longterm population trend; the current U.S. white-tailed deer population is about the same as in 1500. A table summarizes profiles …