Business Commons^™

Quantum Consensus, Jorden Seet, Paul Griffin

Research Collection School Of Computing and Information Systems

In this paper, we propose a novel consensus mechanism utilizing the quantum properties of qubits. This move from classical computing to quantum computing is shown to theoretically enhance the scalability and speed of distributed consensus as well as improve security and be a potential solution for the problem of blockchain interoperability. Using this method may circumvent the common problem known as the Blockchain Trilemma, enhancing scalability and speed without sacrificing de-centralization or byzantine fault tolerance. Consensus speed and scalability is shown by removing the need for multicast responses and exploiting quantum properties to ensure that only a single multicast is …

Ecosystem-Specific Advantages In International Digital Commerce, Jiatao Li, Liang Chen, Jingtao Yi, Jiye Mao, Jianwen Liao

Research Collection Lee Kong Chian School Of Business

We consider the applicability to digital platforms of extant international business scholarship. The organization of digital platforms has been seen to such an extent as predicated upon the bundling of external resources for collective value creation that their expansion may follow the logic of externalization. We further that literature contrasting the governance of network multinationals with that of platform-centric ecosystems. Building on and extending the theory of the ecosystem, we propose the concept of ecosystem-specific advantages. We identify costs and difficulties in the transfer of such advantages to new markets, emphasizing in particular the idea of bottlenecks. We then propose …

Urban Consolidation Center Or Peer-To-Peer Platform? The Solution To Urban Last-Mile Delivery, Qiyuan Deng, Xin Fang, Yun Fong Lim

Research Collection Lee Kong Chian School Of Business

Booming e-commerce activities further increase this demand, exerting intense pressure on the cities' well-being. To build a city with congestion and pollution under control, a consolidator can operate an urban consolidation center (UCC) to bundle shipments from multiple carriers before the last-mile delivery. Alternatively, the consolidator can operate a peer-to-peer platform for the carriers to share their delivery capacity. Our objective is to compare the performance of these two business models. Under each business model, we study the interactions between a consolidator and multiple carriers using a two-period game-theoretical model. In each period, the consolidator first chooses a delivery fee …

Corporate Governance And Institutional Investors: Proxy Voting Behavior After The Stewardship Code (コーポレートガバナンスと機関投資家―スチュワードシップコード改訂後の議決権行使の状況について), Mari Yamauchi, Toru Yoshikawa

Research Collection Lee Kong Chian School Of Business

本稿では，日本版スチュワードシップコードの改訂により始まった機関投資家 による議決権行使の結果について，投資家のタイプごとに分析し，どのような投 資家がどのような会社提案議案についてより多くの反対票を投じているかについ て検討した。先行研究に従えば，資産運用会社のように投資先企業とアームズレ ングスの関係を持つ投資家は，保険会社のように投資先企業とビジネス上の関係 を持つ投資家と比較すると，会社側提案に対して異議を唱える可能性が高いとさ れる。また，株式持ち合いなど日本的背景を考慮すると，日本においては，外資 系投資家の方が国内の投資家に比べて，会社提案に対して反対票を投じる可能性 が高いことも予想される。2018年度の議決権行使の結果を分析したところ，ほぼ 先行研究と同じ結果が得られ，業種で分類した場合，資産運用会社の方が生損保 のような保険会社より反対票の比率が高いこと，資本国籍で分類すると，外資投 資家の方が買収防衛策の導入や退任役員への退職慰労金の支給など特定の項目に ついて，日系の投資家に比べて反対率が高いことが確認された。

Machine Learning Using Instruments For Text Selection: Predicting Innovation Performance, Kian Guan Lim, Michelle S. J. Lim

Research Collection Lee Kong Chian School Of Business

In machine learning we utilize the idea of employing instrumental variable such as patent records to train the texts. Patent records are highly correlated with R&D expenditures, but are not necessarily correlated with performance residuals not linked to R&D. Thus, using instrumental patent records to train word counts of selected texts to serve as a proxy for firm R&D expenditure, we show that the texts and associated word counts provide effective prediction of firm innovation performances such as firm market value and total sales growth.

The Unexpected Activeness Of Passive Investors: A Worldwide Analysis Of Etfs, Si Cheng, Massimo Massa, Hong Zhang

Research Collection Lee Kong Chian School Of Business

The global ETF industry provides more complicated investment vehicles than low-cost index trackers. Instead, we find that the real investments of ETFs may deviate from their benchmarks to leverage informational advantages (which leads to a surprising stock-selection ability) and to help affiliated OEFs through cross-trading. These effects are more prevalent in ETFs domiciled in Europe. Moreover, ETF flows seem to respond to additional risk. These results have important normative implications for consumer protection and financial stability. (JEL G20)

Do Real Estate Agents Have Information Advantages In Housing Markets?, Sumit Agarwal, Jia He, Tien Foo Sing, Changcheng Song

Research Collection Lee Kong Chian School Of Business

We use a large housing transaction data set in Singapore to study whether real estate agents use information advantages to buy houses at bargain prices. Agents bought their own houses at prices that are 2.54% lower than comparable houses bought by other buyers. Consistent with information asymmetries, agent buyers have more information advantages in less informative environments, and agent buyers are more likely to buy houses from agent sellers. Agent discounts are from both “cherry picking” and bargaining power, and bargaining power contributes more to the agent discounts. Agents’ advantage consists in their information of available houses and previous purchase …

From Actions To Paths To Patterning: Toward A Dynamic Theory Of Patterning In Routines, Kenneth T. Goh, Brian T. Pentland

Research Collection Lee Kong Chian School Of Business

This paper demonstrates a new way of seeing and theorizing about the dynamics of organizational routines through the concept of paths – time-ordered sequences of actions or events in performing work. Empirically and conceptually, paths provide the missing link between specific actions and patterns of action. When routines are represented as a narrative network, tracing the formation and dissolution of action paths can generate new insights about the dynamic patterning of actions in routine performances. We traced action paths using longitudinal field data from a videogame development project and found that action patterns change dramatically over time based on the …

Lifelong Learning: A Tri-Sector Responsibility For Ensuring Relevance, Richard Raymond Smith

Research Collection Lee Kong Chian School Of Business

When changes cause reduction or elimination of skilled employees, the impact on the business, employees, and local community can be significant. How do we work toward preventing these situations and who is responsible?

Leader Mindfulness And Employee Performance: A Sequential Mediation Model Of Lmx Quality, Interpersonal Justice, And Employee Stress, Jochen Reb, Sankalp Chaturvedi, Jayanth Narayanan, Ravi S. Kudesia

Research Collection Lee Kong Chian School Of Business

In the present research, we examine the relation between leader mindfulness and employee performance through the lenses of organizational justice and leader-member relations. We hypothesize that employees of more mindful leaders view their relations as being of higher leader-member exchange (LMX) quality. We further hypothesize two mediating mechanisms of this relation: increased interpersonal justice and reduced employee stress. In other words, we posit that employees of more mindful leaders feel treated with greater respect and experience less stress. Finally, we predict that LMX quality serves as a mediator linking leader mindfulness to employee performance—defined in terms of both in-role and …

Making Health Equity Real: Implementing A Commitment To Engage The Community Through Fellowships, Saphira M. Baker, Mark D. Constantine

The Foundation Review

Between 2016 and 2019, Richmond Memorial Health Foundation jumpstarted its transformation from a health legacy foundation committed to increasing access to health care to one promoting regional health equity through a racial and ethnic lens. A central component of this new focus was the trustees’ decision to invite community members to inform and advance the health equity strategy through two distinct community fellowship programs — the Equity + Health Fellowships. These programs ultimately provided the foundation with a new language, benchmarks, and structure for welcoming broader community engagement.

This article highlights the outcomes of both programs, how the experience with …

Moving Upstream: An Intersectoral Collaboration To Build Sustainable Planning Capacity In Rural And Appalachian Communities, Laura Milazzo, Holly Raffle, Matthew Courser

The Foundation Review

As part of an effort to address health inequities in Appalachian and rural Ohio, the state’s Department of Mental Health and Addiction Services developed an upstream intersectoral health innovation that specifically addressed the lack of infrastructure and other capacity issues that create barriers to obtaining federally funded prevention services among communities with the highest need for those services.

The department partnered with two nonprofit organizations and a university to create a performance-based, stepping-stone investment strategy that provided monetary awards to community organizations and included intensive, customized training and technical assistance that promoted capacity- building for data-driven strategic planning.

This article …

Balancing The Competing Demands Of Strategic Philanthropy: The Case Of The Delaware River Watershed Initiative, Edward W. Wilson, Carol Bromer, David Laroche

The Foundation Review

Strategic philanthropy requires striking a balance between two extremes. On one side is unilateral agenda-setting by the foundation and excessive reliance on its own intellectual frameworks and methods. On the other side is too much deference to competing voices from the field, with the risk that funding will be haphazard and incoherent. This article describes how the Delaware River Watershed Initiative, supported by the William Penn Foundation, has struggled to position itself between these two extremes.

Based on an evaluation conducted during the first four years of the initiative, the article examines four interrelated tensions: upfront planning versus emergent strategy, …

Front Matter

The Foundation Review

No abstract provided.

Executive Summaries

The Foundation Review

No abstract provided.

Can Coaching Help Community Partnerships Promote Health Equity, Community Engagement, And Policy, Systems, And Environmental Changes? Results From An Evaluation, Jung Y. Kim, Lisa Schottenfeld, Michael Cavanaugh

The Foundation Review

Foundations and other entities have increasingly funded coaching and technical assistance to support multisector community partnerships to promote health and health equity. However, much remains to be learned about how coaching can best support these partnerships.

As part of its efforts to build a culture in which everyone in the United States has a fair opportunity to be healthy, the Robert Wood Johnson Foundation partnered with the University of Wisconsin Population Health Institute to provide structured coaching to strengthen the capacities of community partnerships. The foundation contracted with Mathematica to evaluate the coaching program, focusing on whether it had an …

Strengthening The Ecosystem Of Capacity-Building Service Providers: A Case For Why It Matters, Caroline Altman Smith, Carla Taylor

The Foundation Review

Nonprofits frequently find it challenging to find providers best suited to meet their capacity-building needs. This can be especially true when looking for providers to strengthen racial equity capacity. Many nonprofits lack the time, networks, or expertise to identify what’s available and vet various options for cost, relevance, and quality.

When the Kresge Foundation designed a program to build leadership capacity through a racial equity lens among its grantees, it wanted to strengthen the marketplace of offerings as well. Kresge’s Fostering Urban Equitable Leadership program sought to build leadership capacity and add value for grantees by offering a curated menu …

Back Matter

The Foundation Review

No abstract provided.

The Cultivation Approach To Place-Based Philanthropy: Evaluation Findings From The Clinton Foundation’S Community Health Transformation Initiative, Douglas Easterling, Sabina Gesell, Laura Mcduffee, Whitney Davis, Tanha Patel

The Foundation Review

Cultivation is a decentralized approach to place-based philanthropy where the foundation seeks to activate local stakeholders and assist them in translating their ideas into action. Rather than convening a strategic planning process, cultivation presumes that the seeds of high-payoff solutions are already circulating somewhere in the community. The foundation’s role is to support local stakeholders in developing and implementing their own ideas in ways that produce meaningful impacts.

This article describes the cultivation approaches taken by the Clinton Foundation, Kate B. Reynolds Charitable Trust, and The Colorado Health Foundation, and presents findings from an evaluation of the Clinton Foundation’s Community …

Capacity-Building Catalysts: A Qualitative Assessment Of Nonprofit Capacity Building By Community Foundations In Illinois, Benjamin Bingle

The Foundation Review

Community foundations have the potential to promote collaborative learning in a variety of ways as conveners, funders, and, in some instances, as nonprofit capacity builders. Yet little is known about what community foundations are doing to support capacity building. This article focuses specifically on nonprofit capacity building that is funded, organized, or led by community foundations in Illinois.

First, this article identifies the capacity-building efforts of those community foundations. Next, it summarizes results from a qualitative survey to share insights from leaders of the foundations that offer capacity-building opportunities. These data shed new light on our collective understanding of how …

Full Issue

The Foundation Review

No abstract provided.

Editorial, Teresa R. Behrens

The Foundation Review

No abstract provided.

Building Nonprofit Capacity To Achieve Greater Impact: Lessons From The U.S.-Mexico Border, Meg Loomis, Shirly Thomas, Carla Taylor

The Foundation Review

Foundations often rely on strong relationships with grantees doing frontline work in marginalized communities. Yet these nonprofits typically face myriad financial and policy pressures that must be managed amid increasing need for their services. Helping them expand their impact requires funders to invest in their grantees’ organizational health and capacity.

This article discusses the capacity-building funding experiences of Methodist Healthcare Ministries of South Texas, which saw firsthand the needs of grantees when it partnered with eight community-health organizations through its Sí Texas initiative and, in response, created a $1.5 million capacity-building program for those organizations.

This article also shares the …

The Potential For Using Loyalty Rewards And Incentives Programs To Encourage Transit Ridership And Regional Transportation And Land Use Integration, Christopher E. Ferrell

Mineta Transportation Institute

Transit smart cards can be used as a tool for increasing transit ridership, increasing retail sales in transit-oriented developments (TODs) and eventually, increasing opportunities for retail development in TODs. Instead of providing separate loyalty rewards for each store, or chain of stores, such cards would provide loyalty rewards—in several possible forms, including free transit ride credits, cash rewards, retail purchase discounts, sweepstakes rewards—to all transit riders who patronize TOD retail businesses. Additional rewards could also be given to transit riders who live, work, and shop in TODs, and even to riders who take transit for specific shopping trips in TODs. …

Exploring Configuration Management In Department Of Defense (Dod) Projects, Manessa Threatt

Theses and Dissertations

Configuration management has become more important than ever to managers of DoD projects. The study evaluated the relevancy of the facilitating and obstructing factors to the success of the overall configuration management process in DoD projects. It also examined the correlation between years of experience and academic qualification as well as configuration management professionals supporting DoD projects and the criticality of each factor. Hypothesis testing indicated that all facilitating and obstructing factors are relevant to the success of the overall configuration management process in DoD projects. Hypothesis testing indicated four significant positive correlations with years of experience as configuration management …

Organizational Conditions That Promote And Impede Research Engagement: The Principal’S Perspective, Renee Treat

Electronic Theses and Dissertations

The researcher explored perceptions of the research-practice gap in education, the process through which central actors make decisions related to teacher retention and development, and the organizational conditions that promote and impede research-engagement in this qualitative study. The researcher limited the study to the role of the campus principal and used purposive sampling to select participants from 3 diverse districts in the state of Texas. Because there may be discrepancies between leaders’ perceptions and behaviors, the researcher conducted interview sessions with principals and principal supervisors and conducted observation sessions in principals’ natural work environments. The study results showed that good …

Perceived Justice, Community Support, Community Identity And Residents’ Quality Of Life: Testing An Integrative Model, Lujun Su, Songshan (Sam) Huang, Mehran Nejati

Research outputs 2014 to 2021

This study tested an integrative model to investigate the effect of perceived justice, in its three dimensions (procedural, distributive, and interactional), on destination residents’ quality of life (QOL) with perceived community support and community identification as mediators. Analysis on a sample of 453 Gulangyu Island residents in China shows that procedural and interactional justice positively influenced perceived community support, whilst procedural and distributive justice positively affected community identification; both perceived community support and community identification contributed to resident QOL. This study offers a new perspective on how to improve resident QOL in tourist destinations. Theoretical and marketing implications are discussed.

Mapping Product And Service Innovation: A Bibliometric Analysis And A Typology, Anton Klarin

Research outputs 2014 to 2021

Research conducted in the innovation field lags behind organizations’ general technological development and innovativeness. Literature that previously depicted innovation types in developed markets is markedly different from progressively publicized emerging market innovation types. While capital-abundant firms tend to engage in respective pioneering and incremental innovation loops, resource-constrained firms and firms in emerging countries may partially free-ride on existing products and services through innovations such as copycat and frugal. To date, there have been no attempts to holistically consolidate product and service innovation types into one overarching typology. Using novel methods of text mining and co-citation analysis, this study systematically maps …

Hvac System Energy Audit For Leverett Elementary School, Connor Smalling

Biological and Agricultural Engineering Undergraduate Honors Theses

Leverett Elementary School is located in Fayetteville, AR. The school needs significant upgrades to its infrastructure. The Fayetteville Public School District has voted to pursue an Energy Services Performance Contract (ESPC) in order to finance the desired upgrades to Leverett Elementary, among other schools in the district.

The scope of this thesis was to perform an energy audit on the existing heating, ventilation, and air conditioning (HVAC) system. By using an energy modeling software, eQuest, the building and the existing base system were modeled to determine utility consumption. Three different HVAC system alternatives were analyzed against the base system by …

The Economic Impact Of Anti-Corruption Legislation On Foreign Investor Perceptions Of Corruption, Jean-Marie Marthe Auguste Richard Marcel Van Der Elst

Theses and Dissertations

Corruption has increasingly become an international challenge and the coordination of Anti-Corruption Legislation (ACL) and its implementation, a priority for nations. The economic impact of corruption on economic growth, foreign direct investment flows, and international trade is indicated in international research studies. The significant increase in global financial and trade transactions has presented new and increased opportunities for rent-seeking and increased the need for coordinated action against all forms of corruption. The effectiveness of national ACL measures in combatting and reducing corruption in all its forms, remains poorly defined and the extant research inconclusive. This study explores the economic impact …