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Singapore Management University

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Full-Text Articles in Technology and Innovation

Will High-Frequency Trading Practices Transform The Financial Markets In The Asia Pacific Region?, Robert John Kauffman, Yuzhou Hu, Dan Ma Jun 2015

Will High-Frequency Trading Practices Transform The Financial Markets In The Asia Pacific Region?, Robert John Kauffman, Yuzhou Hu, Dan Ma

Research Collection School Of Computing and Information Systems

High-frequency trading (HFT) practices in the global financial markets involve the use of information and communication technologies (ICT), especially the capabilities of high-speed networks, rapid computation, and algorithmic detection of changing information and prices that create opportunities for computers to effect low-latency trades that can be accomplished in milliseconds. HFT practices exist because a variety of new technologies have made them possible, and because financial market infrastructure capabilities have also been changing so rapidly. The U.S. markets, such as the National Association for Securities Dealers Automated Quote (NASDAQ) market and the New York Stock Exchange (NYSE), have maintained relevance and …


The Impact Of Culture On Creativity: How Cultural Tightness And Cultural Distance Affect Global Innovation Crowdsourcing Work, Roy Y. J. Chua, Yannig Roth, Jean-François Lemoine Jun 2015

The Impact Of Culture On Creativity: How Cultural Tightness And Cultural Distance Affect Global Innovation Crowdsourcing Work, Roy Y. J. Chua, Yannig Roth, Jean-François Lemoine

Research Collection Lee Kong Chian School Of Business

This paper advances a new theoretical model to understand the effect of culture on creativity in a global context. We theorize that creativity engagement and success depend on the cultural tightness—the extent to which a country is characterized by strong social norms and low tolerance for deviant behaviors—of both an innovator’s country and the audience’s country, as well as the cultural distance between these two countries. Using field data from a global online crowdsourcing platform that organizes creative contests for consumer-product brands, supplemented by interviews with marketing experts, we found that individuals from tight cultures are less likely than counterparts …


Examining How Firms Leverage It To Achieve Firm Productivity: Rbv And Dynamic Capabilities Perspectives, Gary Pan, Shan Ling Pan, Chu Yeong Lim Jun 2015

Examining How Firms Leverage It To Achieve Firm Productivity: Rbv And Dynamic Capabilities Perspectives, Gary Pan, Shan Ling Pan, Chu Yeong Lim

Research Collection School Of Accountancy

Firm productivity is one of the major drivers of firm's growth. Information Technology (IT) has the potential to be a key enabler of firm productivity. IS researchers have suggested strong association between investments in IT and firm productivity. Yet, uncertainty and concern about the actual impact of IT on firm productivity remain. This calls for an urgent need for research on how firms can leverage IT for productivity gains. Through a case study, this research aims to answer the above question by developing a process model that explicates the roles of firm capabilities in driving IT-enabled productivity.


Technology Investment Decision-Making Under Uncertainty, Robert J. Kauffman, Jun Liu, Dan Ma Jun 2015

Technology Investment Decision-Making Under Uncertainty, Robert J. Kauffman, Jun Liu, Dan Ma

Research Collection School Of Computing and Information Systems

Innovations involving information technology (IT) provide potentially valuable investment opportunities for industry and government organizations. Significant uncertainties are associated with decision-making for IT investment though, a problem that senior executives have been concerned about for a long time. The uncertainties include consumer, market and regulatory responses, IT-driven changes in operational and transactional performance, technology standards and competition, and future market conditions. All these things have an impact on organizations’ willingness to adopt. As a result, traditional capital budgeting, investment experience, and intuition have not been very effective in IT investment decision-making. We propose a new option-based stochastic valuation modeling approach …


Fintech, Financial Inclusion, And Poverty, Singapore Management University May 2015

Fintech, Financial Inclusion, And Poverty, Singapore Management University

Perspectives@SMU

The mobile phone could solve the problem of the global unbanked, but it will not eradicate global poverty


Washing Hands, Saving Lives, Singapore Management University May 2015

Washing Hands, Saving Lives, Singapore Management University

Perspectives@SMU

Diarrhoea is a major cause of child mortality in rural Vietnam, caused by a lack of running water and poor handwashing habits. A handwashing station called the HappyTap could solve the problem


Crowdsourcing With Tullock Contests: A New Perspective, Tie Luo, Salil S Kanhere, Hwee-Pink Tan, Fan Wu May 2015

Crowdsourcing With Tullock Contests: A New Perspective, Tie Luo, Salil S Kanhere, Hwee-Pink Tan, Fan Wu

Research Collection School Of Computing and Information Systems

Incentive mechanisms for crowdsourcing have been extensively studied under the framework of all-pay auctions. Along a distinct line, this paper proposes to use Tullock contests as an alternative tool to design incentive mechanisms for crowdsourcing. We are inspired by the conduciveness of Tullock contests to attracting user entry (yet not necessarily a higher revenue) in other domains. In this paper, we explore a new dimension in optimal Tullock contest design, by superseding the contest prize - which is fixed in conventional Tullock contests - with a prize function that is dependent on the (unknown) winner's contribution, in order to maximize …


China’S Digital Landscape: Breaking Barriers To Innovation, Srinivas K. Reddy, Zack Zheng Wang, Deckie He Dong May 2015

China’S Digital Landscape: Breaking Barriers To Innovation, Srinivas K. Reddy, Zack Zheng Wang, Deckie He Dong

Research Collection Lee Kong Chian School Of Business

When e-commerce giant Alibaba went public on the New York Stock Exchange in September 2014, its market capitalisation rocketed to roughly US$219 billion - a sum greater than any record previously set by its American contemporaries, Facebook, eBay and Amazon. It was a historic event that led many to believe that China’s digital economy was echoing the Middle Kingdom’s own meteoric rise onto the world-stage. China ranks high in digital connectivity. In 2015, almost half of the country’s population, or 649 million people, were online. It’s fast-growing Internet economy generates about US$100 billion annually and is predicted to reach US$277 …


Thinking Bigger: Pushing Singaporean Entrepreneurship To The Next Level, Arcot Desai Narasimhalu May 2015

Thinking Bigger: Pushing Singaporean Entrepreneurship To The Next Level, Arcot Desai Narasimhalu

Research Collection School Of Computing and Information Systems

The environment in Singaporehas become more conducive forentrepreneurship. What lies aheadand what lessons can other Asiancountries learn?


A Tale Of Two Stores, Singapore Management University Apr 2015

A Tale Of Two Stores, Singapore Management University

Perspectives@SMU

Customised and personalised online shopping brings benefits to consumers and profits to retailers


Becoming An Online Business Owner, Singapore Management University Apr 2015

Becoming An Online Business Owner, Singapore Management University

Perspectives@SMU

Here are four ways to start an online business as quickly as over the weekend


Advertising In The Digital Age, Singapore Management University Apr 2015

Advertising In The Digital Age, Singapore Management University

Perspectives@SMU

Algorithms, big data and real-time computing are revolutionising the advertising industry, but brands still need to be clear about their business objectives to maximise advertising returns


Maximizing Lifetime In Clustered Wsns With Energy Harvesting Relay: Profiling And Modeling, Pengfei Zhang, Hwee-Pink Tan, Gaoxi Xiao, Yi Yu Apr 2015

Maximizing Lifetime In Clustered Wsns With Energy Harvesting Relay: Profiling And Modeling, Pengfei Zhang, Hwee-Pink Tan, Gaoxi Xiao, Yi Yu

Research Collection School Of Computing and Information Systems

Inspired by clustering and energy harvesting techniques, we study multiple-cluster wireless sensor networks with energy harvesting (EH) sensors serving as relay for cluster heads. In this paper, we derive the model for realistic energy harvesting rate. Then we propose distributed matching algorithm for EHs to serve as relay for CHs. The proposed algorithm could find optimal/near-optimal CH-EH matching in short time and still achieve good performance. We evaluate the performance of our method through theoretical analysis as well as simulation.


Managing Digital Money: From The Editors, Mark Dodgson, David Gann, Irving Wladawsky-Berger, Naveed Sultan, Gerard George Apr 2015

Managing Digital Money: From The Editors, Mark Dodgson, David Gann, Irving Wladawsky-Berger, Naveed Sultan, Gerard George

Research Collection Lee Kong Chian School Of Business

Editor’s note: This editorial is part of a series written by editors and co-authored with a senior executive, thought leader, or scholar from a different field to explore new content areas and grand challenges with the goal of expanding the scope, interestingness, and relevance of the work presented in the Academy of Management Journal. The principle is to use the editorial notes as “stage setters” to open up fresh new areas of inquiry for management research. GG


Project Planning With Alternative Technologies In Uncertain Environments, Stefan Creemers, Bert De Reyck, Roel Leus Apr 2015

Project Planning With Alternative Technologies In Uncertain Environments, Stefan Creemers, Bert De Reyck, Roel Leus

Research Collection Lee Kong Chian School Of Business

We investigate project scheduling with stochastic activity durations to maximize the expected net present value. Individual activities also carry a risk of failure, which can cause the overall project to fail. In the project planning literature, such technological uncertainty is typically ignored and project plans are developed only for scenarios in which the project succeeds. To mitigate the risk that an activity’s failure jeopardizes the entire project, more than one alternative may exist for reaching the project’s objectives. We propose a model that incorporates both the risk of activity failure and the possible pursuit of alternative technologies. We find optimal …


Innovation And Leadership: When Does Cmo Leadership Improve Performance From Innovation?, Adam J. Bock, Andreas B. Eisengenrich, Dmitry Sharapov, Gerard George Apr 2015

Innovation And Leadership: When Does Cmo Leadership Improve Performance From Innovation?, Adam J. Bock, Andreas B. Eisengenrich, Dmitry Sharapov, Gerard George

Research Collection Lee Kong Chian School Of Business

Ensuring that organizational innovation generates value increasingly requires effective marketing management. Prior studies, however, report conflicting effects of chief marketing officer (CMO) leadership on how well the firm exploits innovation. These inconsistencies may be associated with firm-level innovation effort, customer focus, and industry type. We analyze archival data from 587 interviews with global CEOs to explain the effect of CMO leadership on outcomes of organizational innovation. CMO leadership of the firm's primary innovation mode is positively associated with product-market innovation effort but not marginal revenue from innovation. CMO leadership also moderates the relationship between customer focus and innovation revenue. Predictive …


The Tech Start-Up And The Serial Entrepreneur, Singapore Management University Mar 2015

The Tech Start-Up And The Serial Entrepreneur, Singapore Management University

Perspectives@SMU

Focus on your goals to succeed, and herding many little startups will not lead to one eventual big success


Singapore: From Knowledge City To Start-Up 'Hub', Thomas Menkhoff, Hans-Dieter Evers Feb 2015

Singapore: From Knowledge City To Start-Up 'Hub', Thomas Menkhoff, Hans-Dieter Evers

Research Collection Lee Kong Chian School Of Business

No abstract provided.


Financialisation Of Commodity Markets: Boon Or Bane?, Singapore Management University Jan 2015

Financialisation Of Commodity Markets: Boon Or Bane?, Singapore Management University

Perspectives@SMU

An influx of investment money into commodity futures can distort the broader economic picture, but it can also help commodity producers hedge price risks


Innovation And The Social Entrepreneur, Singapore Management University Jan 2015

Innovation And The Social Entrepreneur, Singapore Management University

Perspectives@SMU

Starting small and a willingness to learn are perhaps the most important things for a social entrepreneur


The Power Of Technology In Cre Data And Analytics, Clarence Goh Jan 2015

The Power Of Technology In Cre Data And Analytics, Clarence Goh

Research Collection School of Accountancy

Many companies are using data to drive competitiveadvantage. Across industries, there is rapidly growingappreciation that data-driven insights can substantiallyimprove decision making across a wide range of businessfunctions, and corporate real estate (CRE) is no exception.


The Business Of Creative Industries, Chong, Mark Jan 2015

The Business Of Creative Industries, Chong, Mark

Research Collection Lee Kong Chian School Of Business

Creative industries worldwide are an important driver of economic growth and cultural influence. In addition to creating numerous jobs for the economy, creative industries can also shape public perception of countries, regions and cities (and hence place brand). Singapore, too, understands the potential for creative ideas to transform the economy. Among its more high-profile projects include attracting Lucasfilm and video gaming giant Ubisoft to set up base in the country.


Modeling The Evolution Of Generativity And The Emergence Of Digital Ecosystems, C. Jason Woodard, Eric K. Clemons Dec 2014

Modeling The Evolution Of Generativity And The Emergence Of Digital Ecosystems, C. Jason Woodard, Eric K. Clemons

Research Collection School Of Computing and Information Systems

Recent literature on sociotechnical systems has employed the concept of generativity to explain the remarkable capacity for digital artifacts to support decentralized innovation and the emergence of rich business ecosystems. In this paper, we propose agent-based computational modeling as a tool for studying the evolution of generativity, and offer a set of building blocks for constructing agent-based models in which generativity evolves. We describe a series of models that we have created using these building blocks, and summarize the results of our computational experiments to date. We find in several different settings that key features of generative systems can themselves …


Efficacy Of R&D Work In Offshore Captive Centers: An Empirical Study Of Task Characteristics, Coordination Mechanisms, And Performance, Deepa Mani, Kannan Srikanth, Anandhi Bharadwaj Dec 2014

Efficacy Of R&D Work In Offshore Captive Centers: An Empirical Study Of Task Characteristics, Coordination Mechanisms, And Performance, Deepa Mani, Kannan Srikanth, Anandhi Bharadwaj

Research Collection Lee Kong Chian School Of Business

Seizing the latest technological advances in distributed work, an increasing number of firms have set up offshore captive centers (CCs) in emerging economies to carry out sophisticated R&D work. We analyse survey data from 132 R&D CCs established by foreign multinational companies in India to understand how firms execute distributed innovative work. Specifically, we examine the performance outcomes of projects using different technology-enabled coordination strategies to manage their interdependencies across multiple locations. We find that modularization of work across locations is largely ineffective when the underlying tasks are less routinized, less analyzable, and less familiar to the CC. Coordination based …


Orchestrating Service Innovation Using Design Moves: The Dynamics Of Fit Between Service And Enterprise It Architectures, Narayan Ramasubbu, Charles Jason Woodard, Sunil Mithas Dec 2014

Orchestrating Service Innovation Using Design Moves: The Dynamics Of Fit Between Service And Enterprise It Architectures, Narayan Ramasubbu, Charles Jason Woodard, Sunil Mithas

Research Collection School Of Computing and Information Systems

Service science perspectives highlight the central role of information technology (IT) in transforming the design and delivery of services. To discern the mechanisms through which IT impacts service innovation, we explore the dynamics of the relationship between enterprise IT and service architectures, and how these dynamics influence the performance of service innovation projects. We conducted six case studies to investigate how firms orchestrated service innovation, focusing on the design of the service architecture and its relationship to enterprise systems. We synthesize the case findings to develop a set of propositions on the antecedents and consequences of fit (or misfit) between …


Dynamic Advantage, Stephen Wyatt Nov 2014

Dynamic Advantage, Stephen Wyatt

Asian Management Insights

Reaping the advantages of a global resource network.


Closing The Talent Gap In India's It Sector, Arnoud De Meyer, Peter Williamson Nov 2014

Closing The Talent Gap In India's It Sector, Arnoud De Meyer, Peter Williamson

Asian Management Insights

How Infosys reduces partnership risk through ecosystem management


Building Family Businesses In Thailand, Singapore Management University Oct 2014

Building Family Businesses In Thailand, Singapore Management University

Perspectives@SMU

State policies, an access to political rent, plus investing in relationships and innovation are some of the ways family businesses thrive in Thailand


Collaborating With Faculty In Information Literacy Classes Works! A Case Study Of Partnership Between Research Librarians And Faculty At The Li Ka Shing Library, Singapore Management University, Rajendra Munoo, Elizabeth Su Oct 2014

Collaborating With Faculty In Information Literacy Classes Works! A Case Study Of Partnership Between Research Librarians And Faculty At The Li Ka Shing Library, Singapore Management University, Rajendra Munoo, Elizabeth Su

Research Collection Library

No abstract provided.


Mobility, Retention And Productivity Of Genomics Scientists In The United States, Kenneth Guang-Lih Huang, Gokhan Ertug Sep 2014

Mobility, Retention And Productivity Of Genomics Scientists In The United States, Kenneth Guang-Lih Huang, Gokhan Ertug

Research Collection Lee Kong Chian School Of Business

Scientific and technological innovations by highly skilled scientists and inventors are critical to the long-term economic health of the United States. These scientists enable the creation and flow of scientific research and technologies from public institutions such as universities to private firms and vice versa by forming vital linkages between them. The exchange of new ideas and the commercialization of promising scientific and technological innovations have resulted in the formation of new high-technology startups, growth opportunities within entrepreneurial and established science-based firms, and jobs creation. These form the backbone of the scientific innovation ecosystem in the United States. A potential …