15,681 research outputs found

    Store Format Choice in an Evolving Market . A TPB Approach

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    <div align=justify>The store choice has been studied extensively in the literature, but store format choice has had limited research attention. The store choice modeling has been primarily done in the random utility theory framework, which however is a neo-economics based view of choice decision that ignores the psychological and behavioral aspects of this planned behavior. The store format choice for bulk grocery purchase despite being a rational context has not been conceptualized in the most accepted construct in attitude behavior, the Theory of Planned Behavior (TPB). Attitude-behavior linkage has been studied extensively in literature but there is still no consensus on the components of attitude, their interrelationship and resultant impact on conation. The Theory of Reasoned Action has evolved over time to incorporate perceived behavioral control and past behavior to improve its explanatory capacity as TPB; however, it has maintained its unidimensionalist approach and has not tested affect and cognition independently for its impact on behavior. It may therefore be relevant to explore the possibility of testing the proposed Converging framework of Affect and Cognition and comment on the relationship of the structural components of attitude and its impact on format choice. The impact of past behavior on future behavior in Theory of Planned Behavior has been ambiguous while there has not been much emphasis on the quality of past experience. The current research takes up the past experience quality and tests it in the attitude behavior relationship as an antecedent of actual behavior. This paper conceptualizes the store format choice behavior in the Theory of Planned Behavior framework by exploring the strength of attitude-behavior relationship mediated through behavioral intention and its impact on format choice as also the independent role of affect and cognition on the format choice.</div>

    Research Strategies in Science-based Start-ups - Effects on performance in Danish and Swedish biotechnology

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    Although biotech start-ups fail or succeed based on their research few attempts have been made to examine if and how they strategize in this core of their activity. Popular views on Dedicated Biotech Firms (DBFs) see the inherent uncertainty of research as defying notions of strategizing, directing instead the attention to the quality of their science, or the roles of boards, management, and collaborative networks etc. Using a unique comprehensive dataset on Danish and Swedish biotech start-ups in drug discovery this paper analyzes their research strategies. Adopting a Simonean point of departure we develop a contingency view on complex problem solving which structures the argument into three steps: 1) Characterising the problem architectures addressed by different types of DBFs; 2) Testing and confirming that DBFs form requisite research strategies, by which we refer to problem solving approaches developed as congruent responses to problem architectures; 3) Testing and confirming that financial valuation of firms is driven by achievements conforming to requisite research strategies. These strategies, in turn, require careful combination of multiple dimensions of research. Findings demonstrate that Shonhoovens classical argument that “strategy matters” is valid not only for the larger high-tech firms covered by her study, but also for small research-based start-ups operating at the very well springs of knowledge where science directly interacts with technologies. Even though a lot more research is needed along these lines, these findings offer new implications for the understanding, management, and financing of these firms.

    Improving Organizations by Replacing the "Mechanical" Model with the "Organic" one

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    Organizations are currently viewed as artificial structures. However, in our opinion, organizations seem to match a biological structure much better. This paper explores this new approach with some interesting conclusions and results: organizations aim at perpetual exis-tence and continuous adaptation. We advance the ideas of organizational "instincts", organizational pathology and organizational optimization using genetic algorithms. In competitive markets, organizations are in a natural selection process, which actually is part of a natural genetic algorithm. This process may be simulated in an artificial multidisciplinary optimization environment, based on minimizing a Total Costs and Risks objective function. Unlike the gradient optimization methods, the genetic algorithms may be applied to such problems with thousands of degrees of freedom. This opens the way to the organizational structure optimization through genetic algorithms.organization, genetic algorithms, multidisciplinary optimization, organizational analysis, organizational structure

    The Sociology of the Life Course and Life Span Psychology: Integrated Paradigm or Complementing Pathways?

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    The psychology of the life span and the sociology of the life course share the same object of scientific inquiry - the lives of women and men from birth to death. Both are part of an interdisciplinary field focused on individual development and life course patterns which also includes social demography and human capital economics. However, a closer look shows that life span psychology and life course sociology now to stand further apart than in the seventies. In this paper we reassess how this divergence can be understood in terms of necessary and legitimate strengths of both approaches, as well as avoidable weaknesses which could be overcome in the future by more re-combination and integration.

    Evolutionary understanding of corporate foreign investment behaviour : US foreign direct investment in Europe

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    Evolutionary understanding of behaviour of firms is gradually becoming more accepted in a variety of disciplines such as economics, management and organization. Contributing to a multi-disciplinary understanding of strategic behaviour, this paper analyzes foreign direct investment strategies of US firms in Europe since the second world war. Taking routinized investment behaviour, satisficing strategies and learning economies as major building blocks of an emerging theoretical framework the analysis follows the ’lagged co-evolution’ of company investment strategies and changing international economic environments.international economics and trade
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