32 research outputs found
Relational governance mechanisms and uncertainties in nonownership services
Entrepreneurs, managers and consumers are attracted by the promise of nonownership services in the sharing economy - to enjoy benefits of assets without bearing the costs and downsides of ownership. In many cases, reality of nonownership does not live-up to the promised value propositions, as present in the struggle of companies like Uber, BP or the entire Biopharma industry to exploit the potential of nonownership. In this article we unveil the underlying paradox of nonownership, which aims at a smart allocation of uncertainty upsides and downsides between providers and clients. We identify the potential of relational governance mechanisms to handle the uncertainty challenges apparent in nonownership. We present a pioneering case study of Rolls Royce airplane engines which unveils the contribution of relational governance in unfolding the economic benefits of nonownership
The effect of service failure severity on brand forgiveness: the moderating role of interpersonal attachment styles and thinking styles
Purpose: The purpose of this study is to examine the effect of service failure severity on brand forgiveness and to investigate the moderating effects of interpersonal attachment styles and thinking styles on the service failure severity–brand forgiveness relationship. Design/methodology/approach: The authors used retrospective experience sampling to collect the data and structural equation modeling (AMOS 24) to analyze 570 responses collected via an online survey. Findings: This study shows that the service failure severity–brand forgiveness relationship is not always negative, as different conditions may amplify or weaken it. Specifically, a secure attachment style and holistic thinking weaken the negative impact of service failure severity on brand forgiveness, whereas an anxious attachment style and analytic thinking negatively amplify the relationship. An avoidance attachment style did not appear to play a role. Practical implications: This study should help hotels fine-tune their segmentation, targeting and positioning efforts and may also help in implementing more focused recovery strategies. Originality/value: This study provides insights into the role of psychological traits in amplifying/reducing the negative impact of service failure severity on brand forgiveness, thus showing the importance of developing the psychological profiles of customers beyond demographic profiling. The emotional and cognitive typologies of consumers are key to understanding the dependence of forgiveness on service failure severity
Antecedents of Blockchain-Enabled E-commerce Platforms (BEEP) adoption by customers – A study of second-hand small and medium apparel retailers
Increasingly, the apparel industry generates enormous waste and pollution causing extreme water scarcity in emerging economies, where circular economy (CE) adoption can help to alleviate these pressing issues of this century. Environmentally conscious consumers gradually switch to purchasing secondhand clothes, prompting apparel companies to reposition their brands on sustainability dimensions. Nevertheless, buying secondhand apparel comes with a risk of counterfeiting and authenticity of the products. Blockchain can be an effective technology for tracking and tracing the products to their origin if effectively implemented in the apparel industry. In this study, we identify and analyze the antecedents to Blockchain-Enabled E-commerce Platform (BEEP) adoption in secondhand apparel retailing. We conducted a survey of Indian female consumers using the theoretical constructs of consumer’s buying motives and Unified Theory of Acceptance and Use of Technology (UTAUT) model. The results show that buying motives (namely economic motives, hedonic motives and critical motives) and UTAUT constructs (viz. performance expectancy, facilitating conditions and attitude) explain BEEP acceptance for secondhand apparel shopping. Risk of contamination increases BEEP adoption intention and also mediates the relationship between fashion motives and intention. Blockchain technology promotes behavioral intention towards online second-hand fashion clothing shopping, and by so doing reduces waste and promotes CE