Journal of Management, Economics, and Industrial Organization
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Building a culture of continuous innovation: How Pixar and Google address this challenge?
The most successful companies in the global market embrace the challenge of creating a culture of continuous innovation that enables them to increase their competitiveness. In this sense, this study intends to understand and describe how two of the most successful Silicon Valley companies (Google and Pixar) embrace this challenge. The findings have identified a set of elements that serve as a reference for companies that want to be innovative. Within these elements stand out the involvement of all employees in the innovation process, support the emergence of new ideas using both top-down and bottom-up approaches, time allocation to innovation activity, the ability to accept and deal with failure and the adoption of tools that promote communication and collaboration
The Factors Affecting Local Brand Perfume Packaging on Consumers Purchase Decision in Bangkok
The purpose of this research is to study the factors affecting the packaging of local brand perfume towards consumers’ purchase decision. The questionnaires were distributed to 414 respondents who are interested in purchasing local brand perfume and have used perfume in Bangkok. Multiple Linear Regression and One-Way ANOVA were used to analyze the data. There is an effect between visual packaging design, verbal packaging design, and packaging benefits and consumers’ purchase decision. Moreover, educational level is a demographic factor that has an effect on consumers purchase decision; however, age-range and income level do not relate to consumers purchase decision for this sample in Bangkok. The limitation of this research is to find the respondents who are interested in buying local brand perfume and have used perfume, and the research cannot represent all of the Thais. Moreover, the findings of this research reveal how local brand perfume improve its packaging to create awareness and attract more customers
Economic and Political Analysis of Azerbaijan-Turkey Energy Relations
Thus Azerbaijan became one of the countries, which balances economic and political relationships in the region. This characteristic comes from the geopolitical position of Azerbaijan. Located in the region of the Southern Caucasus, Azerbaijan has huge natural resources, which triggered the development of economy. The integration of Azerbaijan economy with the world economy and transition to free market economy were the choice of Azerbaijan. Cooperation between Turkey and Azerbaijan in the energy has a multi-faceted structure. It is now widely recognized that Turkey-Azerbaijan relations have always been strong and described with the phrase "one nation with two states”. Energy has a special place in the relationship between the two countries. Azerbaijan’s economy, energy sectors of Azerbaijan and Turkey has been assessed. Moreover, this paper gives a comparative analysis on economic relationship between Turkey and Azerbaijan. This study finally discusses the main trends and contributions of energy projects on Turkey-Azerbaijan relations. This research evaluates the investments of rich oil and natural gas source owner and the most blooming country of the world- Azerbaijan’s investments in Turkey energy sector and its impacts on both these economies. After giving brief information about economy of Azerbaijan, the research analyzes SOCAR’s investment on petrochemical institution in Turkey Petkim which was purchased under Turkish privatization master plan. Star Refinery which began to be built on Petkim peninsula, electric power-plants and port investments were examined under several titles. Additionally, the research gives entire information about the investments on Trans Anatolia Natural Gas Pipeline (TANAP) which was signed at the end of 2011 and evaluates its impacts on Azerbaijan - Turkey Economic Calibrations
Beyond compliance: Analysis of data privacy implementation
This study was conducted to assess the level of implementation of data privacy as perceived by Human Resource Management Officers (HRMO). This study employed a descriptive research design, in which the researcher collected quantitative data through survey questionnaire employing random sampling procedure to the 100 members of the Council of Human Resource Management Officers (CHRMP) of North Cotabato. Findings of the study revealed that data protection policies obtained the highest weighted mean with a qualitative description of very highly implemented which implies that organization ensures an enabling policy pursuant to the provision of RA 10173 or Data Privacy Act of 2012. However, study also revealed that right to damages emerge with the lowest weighted mean equivalent to moderately implemented. This denotes that there were existing limitations in the organization in properly addressing issues relevant to data breaches. Notably, lack of awareness in DPA, lack of appropriate resources, complex regulatory landscape, emerging technologies and DPO appointment were identified as challenges in the implementation. Moreover, further research is recommended to ascertain a comprehensive understanding on the challenges faced by the human resource management officers in the data privacy implementation
A Study on the Effects of Construction Project Delays in Somaliland Construction Industry
The aim of this study is to fill a significant knowledge gap by exploring the effects of delays in construction projects in Somaliland construction industry. Prior to the questionnaire design, a systematic literature review was conducted to identify five most common effects of delays in construction projects, globally. Based on simple random sampling approach, data was collected from 51 stakeholders from the different construction companies in Hargeisa using a questionnaire survey. Feedback from the stakeholders was analyzed using mean values and Relative Importance Index (RII) for ranking purposes. The results showed that legal action, cost overrun, and complete project abandonment are the three most ranked effect of delays in construction projects in Somaliland, respectively. The implications of these findings are very important as they provide practical, research, policy, and social values that expands the understanding the effects of project delay in global construction industry. This would allow impending academic researchers that might want to conduct research work in this area to validate their findings in the future. The major construction stakeholders are recommended to make use of the appropriate strategies needed to take proactive measures to mitigate the identified effects when executing future construction projects in Hargeisa and elsewhere
Stock Market Development and Economic Performance of West-African Countries: A Dynamic Panel Data Analysis
The nexus between development of stock market and the performance of economic activities have been a critical issue around the globe. The issue as to whether a well-developed stock market influences the performance of economic activities and the relevant of developmental policy strategies have been a concern for the developing economies especially the West Africa economies. Literatures have shown that most of the West Africa economies were faced with sharp swings and wide fluctuations in the stock market indices, which had negative effect on the performance of economic activities of these economies. This study examined the effect of stock market development on the economic performance among West Africa economies. The study employed secondary data subjected to panel regression method of analysis within the period of seven years across selected West-Africa countries. Findings revealed that stock market development indicators; ratio of market capitalization to gross domestic product, All Share Index, and Stock Turnover have positive effect on economic performance while corruption perception index have negative effect on economic performance, all at 5% level of significance. The study concludes that stock market development indicators and corruption index affect economic performance in West Africa. Therefore, the study recommends that the stock market regulatory authorities should initiate strategic policies that would boost market liquidity and encourage easy access of companies to the market and also be more proactive in surveillance role in order to check unethical practices which undermine stock market integrity, erode investors’ confidence and patronage
An economic inquiry to the status quo of selected fisherfolks in the Municipality of Rosario, Cavite: A pandemic situation
The Philippines has crafted various studies and policies to aid in increasing the productivity of the fishing sector. The COVID-19 pandemic has brought many nations and states into challenging their economic and health structures. Considerably, it has also impeded the growth of various businesses and economies worldwide, not to mention the many lives it claimed, hunger, poverty, and increased societal inequality. Hence, the authors seek an avenue to undertake this study to understand the pandemic status quo of fishers in aid of economic recommendations that are sound for the pandemic situation. The researchers used a survey-descriptive research design to conduct this study. The researchers concluded that the fisherfolks were middle-aged, dominated by males, did not complete their basic education, had 9 to 15 years of fishing experience, and earned below 5,000.00 pesos or less than 100 US dollars monthly. Muzon 1 and Muzon 2 were generally identified as the challenged barangay where local projects should be focused and prioritized
The Effects of Cambodia Economy on Asean Economic Moving Forward
In this research paper, we will examine the effects of the economy of Cambodia, a member of the Association of Southeast Asian Nations (ASEAN), on moving the ASEAN Economic Community (AEC) forward. We will support our research by using evidence that reviews the contribution of economic sectors boosting economic growth between 6.8 percent and 7 percent over the past decade (World Bank, 2016). Recently, The Ministry of Economy and Finance of Cambodia (MoEF) used three main economic sectors—services, agriculture, and industries—to forecast the economic growth for the years to come. We have reviewed a few articles related to the economic growth in Cambodia and found that the three sectors play a vital role in forming the backbone of prosperity in Cambodian development. In fact, these economic sectors contributed greatly to the Cambodian economy, and together with the stability of macroeconomic policies they help alleviate poverty in the country. Therefore, our paper will focus strongly on: 1. The services sector that is heavily concentrated on tourism; 2. The agriculture sector that is used to scrutinize the sources of rice productivity; 3. The industries sector used to investigate garment and footwear exports. Based on our observations, there are plenty of economic resources available for Cambodia to use to increase its Gross Domestic Product (GDP) growth rate to double digits. So, Cambodia needs to strategically institute and improve the quality of the tourism business, agriculture goods, and industrial manufacturing to achieve a prosperous and fair economy
Knowledge Management: An Analysis of Knowledge Storage Amongst Firms in Malaysian Construction Industry
In recent years, a major challenge in the field of knowledge management (KM) has been the way in which KM is implemented. Individuals and organisations are starting to understand and appreciate knowledge as the key element in the emerging competitive environment. As a preparation for the competitive industrial nation, KM is an important countenance that should be the point of convergence for the industry players. This paper wishes to draw the attention on the important of KM storing practice by focusing on consultant firms in construction industry in Malaysia. Questionnaires were distributed to about 200 respondents working in the industry, with the aim of investigating the KM storage implementation in the Malaysian consultant firms. In this paper, the data is analysed using Statistical Package of Social Sciences (SPSS) version 23.0. The analysed results from questionnaire survey and focus group showed that consultant firm in construction industries were involved in implementing KM storing in their organisation. This paper is beneficial in order to improve the KM storing practice in the organisation
Customised Safety Behaviour Checklist at Construction Site
Organization X is a project based company which specialised in the installation of scrubber and other air pollution control equipment in Malaysia. In the year 2013, 39 cases of incidents have been recorded during scrubber installation at construction sites. This situation has not only affected the economic burden of the company but has also affected the work efficiency, company’s performance and reputation. At risk behaviours of workers were identified as the main contributor to this problem. The behaviour based safety approach have been used by implementing the Safety Behaviour Checklist (SBC) to minimise this delinquent. The study was done to investigate the at-risk behaviours that workers may pose and performed during installation of scrubber. Further investigation on the impacts of implementing the customised SBC was also done. After three months of observations, the study found that the implementation of the SBC contributes to the improvement of workers safe behaviour