Business Commons^™

Markets In Ip And Antitrust, Herbert J. Hovenkamp

All Faculty Scholarship

The purpose of market definition in antitrust law is to identify a grouping of sales such that a single firm who controlled them could maintain prices for a significant time at above the competitive level. The conceptions and procedures that go into “market definition” in antitrust can be quite different from those that go into market definition in IP law. When the issue of market definition appears in IP cases, it is mainly as a query about the range over which rivalry occurs. This rivalry may or may not have much to do with a firm’s ability to charge a …

Value Relevance Of Blog Visibility, Nan Hu, Ling Liu, Arindam Tripathy, Lee J. Yao

Research Collection School Of Computing and Information Systems

This study empirically examines the effect of a non-traditional information source, namely a firm's blog visibility on the capital market valuation of firms. After controlling for earnings, book value of equity and other value relevant variables, such as traditional media exposure, R&D spending, and advertising expense, we find a positive association between a firm's blog visibility and its capital market valuation. In addition, we find blog visibility Grange causes trading, not vice versa. Our findings indicate that non-traditional information sources such as blogs help disseminate information and influence consumers' investment decisions by capturing their attention.

From Primordial Soup To Platform-Based Competition: Exploring The Emergence Of Products, Systems, And Platforms, C. Jason Woodard, Eric K. Clemons

Research Collection School Of Computing and Information Systems

We use an agent-based NK model to explore the conditions under which standard platforms emerge among competing products. Our findings were inconclusive. We find that the usual Darwinian conditions needed for the emergence of complexity are sufficient to yield a limited reliance upon platforms with a core of common components, simply because evolution causes the population to converge on a set of products that contain combinations that "work well," yielding what we call "coincidental platform emergence." Economies of scale yield more use of common components, or "production platform emergence." Positive participation externalities initially induce the highest degree of platform emergence …

Four Perspectives On Architectural Strategy, C. Jason Woodard, Joel West

Research Collection School Of Computing and Information Systems

A recurring theme in the literature on technology and organizations is the concept of mirroring, which posits a duality between technological and organizational design decisions. In this paper we highlight a second, orthogonal duality between components and interfaces: designers of both products and organizations must decide what information to hide within component boundaries and what to expose to other designers. Although the component-interface duality appears in many settings, it presents especially vexing strategic challenges in the design and production of complex digital artifacts. We present a typology of four interlinked perspectives on these kinds of strategic design problems, and discuss …

Information Technology For Service Innovation: The Impact On Business Productivity And Channel Disruption From Cloud Computing And Smart Device Computing, Insoo Son

Research Collection School Of Computing and Information Systems

The advancement of IT has brought great deal of impact to both businesses and individuals such as increased business productivity and new type of digital communications and entertainment. Yet, IT is still in need of developing itself to enable firms’ requirement of enhancing business competence and satisfy customers’ growing expectations for new IT products and services. In line with the situation, there have been two emerging IT innovations that take more evolutionary features for both business and individual computing. For business computing, the concept of cloud computing has recently emerged and become commercialized to meet firms’ budget constraint and improve …

Agile Innovation Management, Arcot Desai Narasimhalu

Research Collection School Of Computing and Information Systems

The volume and velocity of innovations are on the increase resulting in increased pressures on every company for attaining, retaining and increasing its market leadership. Many companies need to retool their innovation management processes to address two agility related objectives in order to survive and grow in such a rapidly changing innovation environment. The first objective would be the ability to assemble an innovation team within the shortest possible time. This can only be satisfied by companies that are capable of forming innovation teams rather quickly. The related second objective would be to reduce the I2M (Idea to Market) cycle …

Reflections On The Journey: Six Short Stories, Sharon L. Haynie, Amber S. Hinkle, Nancy L. Jones, Cheryl A. Martin, Paula J. Olsiewski, Mary F. Roberts

Integrated Science and Business Technology Faculty Work

One of the goals of the 2011 International Year of Chemistry is to celebrate the contributions of women to science. A question that has been frequently asked in this regard is... Why is it necessary to highlight women in the "age of equality"? The reasons are varied but the facts are that many women scientists worked in obscurity throughout the 19th and even well into the 20th century, sometimes publishing anonymously to be heard. This celebration of Women in Science is one way to recognize both the resiliency and passion of these women. As part of this celebration, Chemistry Central …

Definitely Not Alone!, Audrey Church

Education & Human Services Faculty Publications

The article discusses the importance of technological innovations for solo school librarians in accomplishing their tasks in various schools in the U.S. It notes that the availability of web sites allows librarians to have an easy and constant access to professional information including several conferences and opportunities, continuing education, and grants. Electronic (e) mails and social media will also promote connections and communications among professionals.

Cloud Computing: Low Cost High-Rise Living For Small And Medium Businesses, Singapore Management University

Perspectives@SMU

The trajectory of Information Technology’s (IT) growth and its impact has been explosive. Its continual evolution has created new paradigms in the way businesses are conducted, and how people interact with one another. One might even say that IT has trumped television to become the most important household entertainment medium.

Cloud Computing: Low Cost High-Rise Living For Small And Medium Businesses, Knowledge@Smu

Knowledge@SMU

The proposition that one can cut costs whilst increasing operation efficiencies should be music to the ears for all business owners. Yet, many are adopting a wait-and-see approach to cloud computing - a scalable information technology service that supports a wide range of computing needs, and at the same time, minimises the burdens of IT ownership, maintenance and management. Speaking at a UOB-SMU Entrepreneurship Alliance Centre seminar, IT services entrepreneur Moonshi Mohsenruddin offered tips and pointers on how businesses may harness the power and efficiencies of operating on the cloud.

Assessment Of Personality Factors (Behavioral Motivators) & Attitudes Toward Group Experiences, Dr. Christine Perakslis, Stacey L. Kite

Technology

The freshman experience typically requires a profusion of challenging adjustments relating to a new and demanding college environment. One significant force of attrition is transition or adjustment difficulties for freshmen. Successfully influencing freshmen includes efforts that focus on helping students make an academic, personal, and social adjustment to college. Group work provides opportunities for patterns of interaction (Evans, Forney, & Guido-DiBrito, 1998; Tinto, 2005; Upcraft, Gardner, & Associates, 1989).

It is believed that there is intensity in temporary group environments due to a need for individuals to quickly evaluate and adjust to other members, with speed and accomplishment as driving …

Measuring Social Networks For Real-Time Competitive Advantage, Knowledge@Smu

Knowledge@SMU

Social networks offer up a goldmine of information. Save for privacy concerns, it has never before been easier for researchers to understand the needs and wants of their subjects or to examine links between the likes and dislikes of connected individuals. Going beyond the report of human quirks over the internet, however, web 2.0 data has practical uses too, especially for professionals in finance and marketing. At the 3rd International Conference on Social Informatics, hosted by SMU's School of Information Systems, academics discussed the hurdles and real-world benefits of data mining.

2011 Uri Diversity Week Keynote Speaker Dr. Michio Kaku: Towards A Multicultural, Scientific, And Tolerant Future For The Planet, Multicultural Center

Multicultural Center

Why is it important that the future be studied? Iranian-Canadian futurist Alireza Hejazi (2009) has suggested that the study of the future moves us “from a passive or fatalistic acceptance of what may happen to an active participation in creating preferred futures.” Why should the study of the future be democratized? German-Jewish futurist Robert Jungk (1987) observed, “Most developing nations seem to accept that their future lies in catching up with the present of the developed nations…This means that it is in the power of the rich nations to define and refine the future and to propagate their images…This is …

Analysis Of Small Business Innovation In Green Technologies, Anthony Breitzman, Patrick Thomas

Faculty Scholarship for the College of Science & Mathematics

No abstract provided.

Strategic Responses To Standardization: Embrace, Extend Or Extinguish?, C. Jason Woodard, Joel West

Research Collection School Of Computing and Information Systems

Prior research on technology standardization has focused on two common patterns: processes in which product developers and other stakeholders cooperate to achieve a consensus outcome, and “standards wars” in which competing technologies vie for dominance in the market. This study examines Microsoft's responses to 12 software technologies in the period between 1990 and 2005. Despite the company's reputed tendency to pursue a strategy dubbed “embrace, extend, and extinguish,” a content analysis of news articles from the same period reveals surprising diversity in Microsoft's responses at the product level.

We classify these responses using a typology that treats “embrace” and “extend” …

Taxonomy-Analytical Study For The Project On Open Collaborative Projects And Ip-Based Models (Recommendation 36), Linus Dahlander, David Gann, Gerard George

Research Collection Lee Kong Chian School Of Business

No abstract provided.

Measuring An Organisation’S Innovation Climate: A Case Study From Singapore, Siu Loon Hoe

Research Collection School Of Computing and Information Systems

Purpose: The article aims to discuss the six key factors that were proposed and included in the design of a customized innovation climate questionnaire. Design/methodology/approach: The implementation case study of an innovation climate survey for a Singapore‐based real estate group is presented. In particular, the design of the questionnaire and selection of key factors to be measured are discussed. Findings: While not a “rigorous” instrument in the academic sense, the article can guide managers and organization development professionals to better gauge an organization's innovation climate and deepen the understanding of innovation culture. Originality/value: This article contributes to the existing innovation …

Diving Into The New Innovation Landscape: The Eastern Current, Arnoud De Meyer

Research Collection Lee Kong Chian School Of Business

Thirty years ago, when the business world sought innovation, most eyes looked West – mainly to the OECD countries considered to be the most economically advanced. We focused on technology-based product innovations, which were conceived for Western customers, developed in laboratories close to the headquarters of Western companies, and rolled out in the world’s wealthiest markets: North America, Western Europe and Japan, an honorary member of the Western club. This is no longer the case. Now, when the business world asks where the next innovative product or process will come from, what it will consist of, where it will be …

Entry Into New Niches: The Effects Of Firm Age And The Expansion Of Technological Capabilities On Innovative Output And Impact, Reddi Kotha, Yangfeng Zheng, Gerard George

Research Collection Lee Kong Chian School Of Business

We provide evidence that young firms systematically differ from older firms in their innovative output when they enter ‘new to the firm’ technological niches. We analyze data from 128 biotechnology firms since their inception and track these firms over time. Our analyses reveal that the organizational age at which the firm branches into new technological niches significantly influences its innovative activity. We refine the focus of the extant literature by separately examining the effects of branching on the quantity of innovative output and the impact that this output has on the technology domain. Subsequent to branching into new niches, we …

Knowledge Management In A Project Environment: Organisational Ct And Project Influences, Taya Polyaninova

Articles

During a project implementation various forms of information and experience are generated within the organization. If this accumulated knowledge is not recorded and shared amongst other projects, this knowledge will be lost and no longer be available to assist future projects. This may lead to increased future projects costs as resources, time and money will be wasted on redefining the knowledge that once existed within the company. By not capturing and redeploying this knowledge, the quality of a project’s deliverables may adversely suffer. First the publication reviews the concept of project knowledge management. It defines the reasons for managing project …

Avoiding Road Bumps: Four Reliable Wheels For Biomedical Start-Ups, Knowledge@Smu

Knowledge@SMU

Starting up a business in the biomedical industry is much like driving a car. According to Ting Choon Meng, a doctor and chief executive officer of HealthStats Singapore, there are four main 'wheels' that the entreprenuers must learn to operate. And just as in a real car, all four wheels must run in unison, or the business will not advance according to plan.

Using Skype As An Academic Tool: Lessons Learned, Martin Sivula

Technology

Several years ago I witnessed a graduate student speaking to person on his laptop screen. I asked, “who are you talking to?” He said to his wife in Turkey. I asked what software are you using? He said Skype, and it is free. Thus began my entry into the world of Skype. At first chance I downloaded Skype onto my personal computer. Since that time I have used Skype as a communication and instructional tool for academic purposes. Skype software allows communication (audio, video, and text) between and among various electronic devices (computers, mobile phones, smartphones, I pods, etc.) over …

Value Capture In Global Production Networks:Evidence From The Taiwanese Electronics Industry, Namchul Shin, Alan Eisner

Cornerstone 3 Reports : Interdisciplinary Informatics

No abstract provided.

Managing Risk In A Failing It Project: A Social Constructionist View, Wee Kiat Lim, Siew Kien Sia, Adrian Yeow

CMP Research

Why do IT projects continue to stumble, despite the proliferation of risk management methodologies and a growing body of knowledge on project risk assessment and mitigation? In this paper, we propose an alternative theoretical perspective that views project risk as a social construction process shaped by the risk accounts of social groups and actors within an implementation context. Risk management is embedded in the social processes where risks are negotiated and contested, with some risk accounts amplified and some attenuated. Through the analysis of a large IT implementation in an Asian logistics firm and its trajectory of successive crises, we …

A Quality Metric For Sustainable Innovations, Arcot Desai Narasimhalu

Research Collection School Of Computing and Information Systems

Sustainability has become a major concern for nations and firms especially since the Kyoto Protocol was defined in 1997. While there have been several studies on benchmarks for national innovation systems and effectiveness of innovation management within firms there is as yet no reasonable metric for determining the quality of an innovation much less its quality relating to sustainability? Similarly, there have been several studies on sustainability but that such research groups have also not focused on developing a metric for denoting the quality of sustainable innovations. This paper offers a metric that defines the quality of an innovation, especially …

The Impact Of Transnational Intellectual Property Rights On Firms’ Knowledge Formation: Evidence From China-Us Patent Dyads, Kenneth Guang-Lih Huang

Research Collection Lee Kong Chian School Of Business

As firms and organizations increasingly operate and conduct R&D in emerging economies, “transnational patenting” – patenting of the same invention across more than one country – is becoming the cornerstone of their intellectual property strategy. Drawing on works from signaling theory and intellectual property strategy, I examine the dynamics and impact of transnational patenting on technological knowledge formation across distinct intellectual property right (IPR) institutions. Using a novel dataset of 4226 China-US patent dyads covering 1104 firms and organizations, I find patent grant to technological invention under a weak IPR institution such as China significantly increases (by up to 108%) …

Relation-Specific Creative Performance In Voluntary Collaborations: A Micro-Foundation For Competitive Advantage?, Terence Ping Ching Fan, Duncan Robertson

Research Collection Lee Kong Chian School Of Business

A fundamental question in the strategy literature is how sustainable competitive advantage can be generated within one firm and yet difficult to copy by another. We offer one solution to this conundrum by way of relation-specific performance that is developed in creative projects – where the individuals involved have significant latitude on the intended objectives as well as their collaborators on these projects. Because higher-level cognition is involved in navigating such projects from conception to implementation, there is heightened relation-specificity in their performance – as measured by how widely they are adopted by third-party users. This relationspecificity means that any …

How Much Do U.S. University Students Know, And Want To Know, About Sustainability And Green Building? The Findings Of A Survey, And Possible Implications For General Elective Curricula., Jeremy R. Farner

Purdue Polytechnic Masters Theses

Using the survey approach, this investigation examined the attitudes and interest of college students at two universities in different geographic locations within the United States. Approximately 24,000 students from all disciplines and majors at Weber State University (WSU) in Utah, and 4,000 at Purdue University in Indiana, were invited to participate in a study to determine current knowledge, familiarity, and interest in topics within the sustainability and Green Building educational arena. The goal of this study was to determine what students already know, would like to know, and how much interest there would be in developing …

Risky Ventures With Possibly No Returns: The Allure Of The "Wonderful But Weird World Of Biotechnology", Knowledge@Smu

Knowledge@SMU

Entrepreneurs in the biotech industry require large risk thresholds. For one, the business of research is an expensive one, the results of which may not necessarily translate to commercial viability. Investors with the foresight and patience for such long-term, high-risk ventures are also hard to come by. At a talk organised by SMU's Lee Kong Chian School of Business, Dr. Steven Fang, founder of CordLife, shared insights on what 'biotechopreneurship' entails.

Alternate Models For Forecasting Hedge Fund Returns, Michael A. Holden

Senior Honors Projects

Alternate Models for Forecasting Hedge Fund Returns

Michael Holden

Faculty Sponsor: Gordon Dash, Finance and Decision Sciences

Investors have always wanted to improve the efficiency of modeling realized volatility to maximize directional trading returns and substantially improve profitability. As proposed, this honors project will provide evidence from hedge fund returns that a Radial-Basis Function (RBF) artificial neural network (ANN), specifically the Kajiji-4 RBF-ANN dominates other forecast methods in producing one-period ahead change-of-direction when forecasting the expected returns of various hedge fund indexes.

I began this project by collecting historical economic data in monthly increments to serve as the dependent variables. …