28 research outputs found

    Sustainable value creation through corporate entrepreneurship : A case study of Univan Ship Management Limited in Hong Kong

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    Due to rapid and major economic change in recent years, the need for more flexible, dynamic and innovative companies is widely recognized. Firms must clearly understand and translate customers’ needs in order to foster value creation. Many scholars have focused their attention on the entrepreneurial behavior of owners or top managers and their actions that encourage innovation, venturing and strategic renewal. However, rigorous empirical research examining the factors that support corporate entrepreneurship and lead to sustainable value creation is scarce. The purpose of this study is to identify the factors that support corporate entrepreneurship and lead to sustainable value creation in a ship management company, using a case study approach. In this context, the following research question is addressed: -What factors support corporate entrepreneurship and lead to sustainable value creation in a ship management company? This research uses an interpretive paradigm and utilizes three methods for collecting data, consisting of observational technique, surveys and semi-structured interviews. Findings reveal the factors that support corporate entrepreneurship and lead to sustainable value creation in ship management. These are analyzed in relation to the literature and the ship management sector. The study concludes that corporate entrepreneurship, when conducted effectively, can be a significant contributor of sustainable value creation. However, this may or may not be applicable to other sectors.

    The Effect of Accuracy Instructions on Coronavirus-Related Belief Change Following Conversational Interactions

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    In a high-risk environment, such as during an epidemic, people are exposed to a large amount of information, both accurate and inaccurate. Following exposure, they typically discuss the information with each other. Here, we assess the effects of such conversations on beliefs. A sample of 126 M-Turk participants rated the accuracy of a set of COVID-19 statements (pre-test). They were then paired and asked to discuss these statements (low epistemic condition) or to discuss only the statements they thought were accurate (high epistemic condition). Finally, they rated the accuracy of the initial statements again (post- test). We do not find an effect of the epistemic condition on belief change. However, we find that individuals are sensitive to their conversational partners and change their beliefs according to their partners’ conveyed beliefs. This influence is strongest for initially moderately held beliefs. In exploratory analyses, we find that COVID-19 knowledge is predicted by trusting Doctor Fauci, not trusting President Trump, and feeling threatened by COVID-19, whereas believing COVID-19 conspiracies is predicted by trusting President Trump, not trusting Doctor Fauci, news media consumption, social media usage, and political orientation. Finally, we find that news media consumption positively predicts believing COVID-19 conspiracies, even when controlling for demographic variables including political ideology, and that this effect is not driven by a particular news network, but instead it is a general effect of news media consumption

    The Impact of Information Sources on Covid-19 Knowledge Accumulation and Vaccination Intention

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    During a global health crisis, people are exposed to vast amounts of information from a variety of sources. Here, we assessed which information sources could increase knowledge about COVID-19 (Study 1) and the COVID-19 vaccines (Study 2). In Study 1, a US census matched sample of 1060 Cloud Research participants rated the accuracy of a set of statements and then were randomly assigned to one of 10 between-subjects conditions of varying sources providing belief-relevant information: a political leader (Trump/Biden), a health authority (Fauci/CDC), an anecdote (Democrat/Republican), a large group of prior participants (Democrats/Republicans/Generic), or no source (Control). Finally, they rated the accuracy of the initial set of statements again. Study 2 involved a replication with a sample of 1876 Cloud Research participants, and focused on COVID-19 vaccine information and vaccination intention. In both studies, we found that participants acquired most knowledge when the source of information was a generic group of people. Surprisingly, knowledge accumulation from the different information sources did not interact with participants’ political affiliation. However, information accumulation interacted with political affiliation in predicting vaccination intention

    The Impact of Social Norms on Belief Update

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    People are constantly bombarded with information they could use to adjust their beliefs. Here, we are interested in exploring the impact of social norms on belief update. To investigate, we recruited a sample of 200 Princeton University students, who first rated the accuracy of a set of statements (pre-test). They were then provided with relevant evidence either in favor or against the initial statements, and they were asked to rate how convincing each piece of evidence was. The evidence was randomly assigned to appear as normative or non-normative, and also randomly assigned to appear as anecdotal or scientific. Finally, participants rated the accuracy of the initial set of statements again (post-test). The results show that participants changed their beliefs more in line with the evidence, when the evidence was scientific compared to when it was anecdotal. More importantly to our primary inquiry, the results show that participants changed their beliefs more in line with the evidence when the evidence was portrayed as normative compared to when the evidence was portrayed as non-normative, pointing to the impactful influence social norms have on beliefs. Both effects were mediated by participants’ subjective evaluation of the convincingness of the evidence, indicating the mechanism by which evidence is selectively incorporated into belief systems
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