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Does global value chain participation and position lead to innovation in an emerging economy? Industry-level evidence from Indian manufacturing industries 全球价值链的参与和地位会带来新兴经济体的创新吗?来自印度制造业的行业层面证据
IF 10.5 1区 管理学 Q1 BUSINESS Pub Date : 2024-09-27 DOI: 10.1016/j.jbusres.2024.114989
This study examines the relationship between global value chain (GVC) embeddedness (participation and position) and innovation performance in India using data from the TiVA database for 14 manufacturing industries over the period 2009–2018. To account for the endogeneity issue arising due to reverse causality, the study employs a two-step system GMM. Empirical results show that GVC participation and position both significantly positively affect innovation performance, measured by the number of patent applications filed. However, participation has an inverted U-shaped impact. We contribute to the existing literature by further splitting GVC participation into forward and backward participations and finding that only forward GVC participation significantly impacts an emerging country’s innovation performance. These findings suggest that policymakers in emerging countries should prioritize improving GVC position through increased R&D expenditures rather than relying solely on excessive GVC participation for enhancing innovation.
本研究利用 TiVA 数据库中 2009-2018 年间 14 个制造业的数据,研究了全球价值链嵌入度(参与度和地位)与印度创新绩效之间的关系。为考虑反向因果关系导致的内生性问题,研究采用了两步系统 GMM。实证结果表明,全球价值链的参与度和地位都会对以专利申请数量衡量的创新绩效产生显著的正向影响。然而,参与度的影响呈倒 U 型。我们进一步将全球价值链参与分为前向参与和后向参与,发现只有前向全球价值链参与对新兴国家的创新绩效有显著影响,从而为现有文献做出了贡献。这些发现表明,新兴国家的政策制定者应优先考虑通过增加研发支出来提高全球价值链地位,而不是仅仅依靠过度参与全球价值链来提高创新能力。
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引用次数: 0
Will users fall in love with ChatGPT? a perspective from the triangular theory of love 从三角恋爱理论看用户是否会爱上 ChatGPT?
IF 10.5 1区 管理学 Q1 BUSINESS Pub Date : 2024-09-27 DOI: 10.1016/j.jbusres.2024.114982
The phenomenon of human-ChatGPT emotional interaction has become increasing. This study aims to address whether users will fall in love with ChatGPT and to uncover the antecedents and underlying mechanisms. Based on the social-technical framework and the triangular theory of love, we examine the attributes tied to ChatGPT and the inherent processes that influence the emotional dependence of users. Through a survey and data analysis of 466 users who have engaged in emotional interactions with ChatGPT, we find that three ChatGPT’s emotional intelligence factors and two emotional companionship factors positively influence the factors of the love triangle and are associated with users’ emotional dependence on it. The findings also suggest that users with an anxious attachment personality are predisposed to develop an emotional dependency on ChatGPT. This study innovatively explores the phenomenon of human–machine romantic relationships in the context of ChatGPT, revealing the underlying mechanisms of human–machine romantic relationships. It enriches the research on human–machine romantic relationships and extends the Love Triangle Theory. Additionally, we capture the unique emotional interaction features of ChatGPT, providing practical significance for the design and development of future artificial intelligence products based on ChatGPT.
人类与 ChatGPT 的情感互动现象日益增多。本研究旨在探讨用户是否会爱上 ChatGPT,并揭示其前因后果和内在机制。基于社会技术框架和三角恋爱理论,我们研究了与 ChatGPT 相关的属性以及影响用户情感依赖的内在过程。通过对 466 名与 ChatGPT 进行过情感互动的用户进行调查和数据分析,我们发现 ChatGPT 的三个情商因素和两个情感陪伴因素对爱情三角理论中的因素产生了积极影响,并与用户对 ChatGPT 的情感依赖相关联。研究结果还表明,焦虑依恋型人格的用户容易对 ChatGPT 产生情感依赖。本研究创新性地探讨了 ChatGPT 中的人机恋爱关系现象,揭示了人机恋爱关系的内在机制。它丰富了人机恋爱关系的研究,并扩展了爱情三角理论。此外,我们还捕捉到了 ChatGPT 独特的情感交互特征,为未来基于 ChatGPT 的人工智能产品的设计和开发提供了现实意义。
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引用次数: 0
Does continuous innovation failure lead firm innovation to hesitate to press forward?: Evidence from Chinese-listed technology-intensive industries firms 连续的创新失败是否会导致企业创新裹足不前?来自中国上市技术密集型企业的证据
IF 10.5 1区 管理学 Q1 BUSINESS Pub Date : 2024-09-26 DOI: 10.1016/j.jbusres.2024.114986
Continuous innovation failure is a common phenomenon in the process of firm innovation. However, little is known about how continuous innovation failure affects firm innovation, and what factors moderate the relationship between them. Using the empirical data from China’s technology-intensive industries listed firms, we find that continuous innovation failure doesn’t lead firm innovation to hesitate to press forward but promotes firms to increase innovation. Managerial overconfidence strengthens the positive impact of continuous innovation failure on firm innovation. Interestingly, managerial power does not enhance but weakens the regulatory role of managerial overconfidence. Further analysis shows that continuous innovation failure will prompt firms to increase exploratory innovation and reduce exploitative innovation. Heterogeneity analysis finds that the promotion effect of continuous innovation failure on firm innovation will be enhanced in firms with higher financial redundancy, but will be weakened in firms with higher R&D subsidies.
持续创新失败是企业创新过程中的一种常见现象。然而,人们对持续创新失败如何影响企业创新,以及是哪些因素调节了二者之间的关系知之甚少。利用中国技术密集型行业上市公司的经验数据,我们发现持续创新失败并没有导致企业创新裹足不前,反而促进了企业加大创新力度。管理者的过度自信加强了持续创新失败对企业创新的积极影响。有趣的是,管理者权力并没有增强而是削弱了管理者过度自信的调节作用。进一步的分析表明,持续创新失败会促使企业增加探索性创新,减少开发性创新。异质性分析发现,持续创新失败对企业创新的促进作用在财务冗余较高的企业中会增强,但在研发补贴较高的企业中会减弱。
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引用次数: 0
Peers’ performance and sensitivity of investment to peers’ stock price: Examining the moderating role of CEO overconfidence 同行业绩和投资对同行股价的敏感性:考察首席执行官过度自信的调节作用
IF 10.5 1区 管理学 Q1 BUSINESS Pub Date : 2024-09-26 DOI: 10.1016/j.jbusres.2024.114948
This study explores how firms adjust their investment based on their peers’ stock prices. I theorize that peer firms with superior performance are more influential on focal firms, which makes firms’ investments more sensitive to the stock prices of good-performing peer firms than to the stock prices of poor-performing peer firms. Meanwhile, overconfident CEOs are more likely to choose firms with better performance as their peer firms and adjust their investments based on the stock prices of good-performing peers. The empirical results show that a firm’s investments are more responsive to the stock prices of good-performing peers than to those of poor-performing peers, particularly among firms with overconfident CEOs. The results suggest that CEO overconfidence affects peer group selection.
本研究探讨了企业如何根据同行的股票价格调整投资。我的理论是,业绩优异的同行公司对焦点公司的影响更大,这使得公司的投资对业绩好的同行公司的股价比对业绩差的同行公司的股价更敏感。同时,过度自信的首席执行官更倾向于选择业绩更好的公司作为同行公司,并根据业绩好的同行公司的股价调整投资。实证结果表明,企业投资对业绩好的同行企业股票价格的反应比对业绩差的同行企业股票价格的反应更灵敏,尤其是在首席执行官过于自信的企业中。结果表明,首席执行官的过度自信会影响同行的选择。
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引用次数: 0
Rags to riches or falling from grace: Gestalt characteristics of income mobility, core self-evaluations, and career success 从贫穷到富裕,还是从富裕到堕落:收入流动性、核心自我评价和事业成功的格式塔特征
IF 10.5 1区 管理学 Q1 BUSINESS Pub Date : 2024-09-26 DOI: 10.1016/j.jbusres.2024.114978
Despite the importance of one’s income, we know very little about the organizational consequences of changes in this critical socioeconomic resource. Based on gestalt characteristics theory, we test predictions about how key features of one’s income mobility experiences over their lifespan contribute to core self-evaluations. Based on a national, longitudinal sample from the United States consisting of over 12,000 people, we consistently find that several theoretical features of an income mobility trajectory (i.e., beginning, end, peak, slope, and variability) predict one’s core self-evaluations, which subsequently predicts several measures of career success. Our findings extend recent research by demonstrating that resources, like income, are not static but are quite malleable. People often experience going from “rags to riches” or “falling from grace” by relying on key features of these experiences. Our results also show how these resources contribute to core aspects of one’s psychology.
尽管一个人的收入非常重要,但我们对这一关键社会经济资源的变化所带来的组织后果却知之甚少。基于格式塔特征理论,我们检验了关于一个人一生中收入流动经历的关键特征如何促进核心自我评价的预测。基于由超过 12,000 人组成的美国全国纵向样本,我们一致发现,收入流动轨迹的几个理论特征(即开始、结束、峰值、斜率和可变性)可以预测一个人的核心自我评价,进而预测职业成功的几个衡量指标。我们的研究结果扩展了近期的研究,证明资源(如收入)不是一成不变的,而是具有很大的可塑性。人们往往依靠这些经历的关键特征来体验从 "穷困潦倒 "到 "腰缠万贯 "或 "一落千丈 "的过程。我们的研究结果还显示了这些资源是如何影响一个人心理的核心方面的。
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引用次数: 0
Avoiding attention: The impact of embarrassment on preference for low-saturation design 躲避关注:尴尬对低饱和度设计偏好的影响
IF 10.5 1区 管理学 Q1 BUSINESS Pub Date : 2024-09-25 DOI: 10.1016/j.jbusres.2024.114900
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引用次数: 0
Post hoc explanations improve consumer responses to algorithmic decisions 事后解释可改善消费者对算法决策的反应
IF 10.5 1区 管理学 Q1 BUSINESS Pub Date : 2024-09-25 DOI: 10.1016/j.jbusres.2024.114981
Algorithms are capable of assisting with, or making, critical decisions in many areas of consumers’ lives. Algorithms have consistently outperformed human decision-makers in multiple domains, and the list of cases where algorithms can make superior decisions will only grow as the technology evolves. Nevertheless, many people distrust algorithmic decisions. One concern is their lack of transparency. For instance, it is often unclear how a machine learning algorithm produces a given prediction. To address the problem, organizations have started providing post-hoc explanations of the logic behind their algorithmic decisions. However, it remains unclear to what extent explanations can improve consumer attitudes and intentions. Five experiments demonstrate that algorithmic explanations can improve perceptions of transparency, attitudes, and behavioral intentions – or they can backfire, depending on the explanation method used. The most effective explanations highlight concrete and feasible steps consumers can take to positively influence their future decision outcomes.
算法能够在消费者生活的许多领域协助或做出关键决策。算法在多个领域的表现一直优于人类决策者,而且随着技术的发展,算法能够做出卓越决策的案例只会越来越多。然而,许多人并不信任算法决策。其中一个担忧就是算法缺乏透明度。例如,人们往往不清楚机器学习算法是如何做出特定预测的。为了解决这个问题,企业已经开始提供算法决策背后逻辑的事后解释。然而,解释能在多大程度上改善消费者的态度和意图,目前仍不清楚。五项实验表明,算法解释可以提高透明度、改善态度和行为意向,也可能适得其反,这取决于所使用的解释方法。最有效的解释强调了消费者可以采取的具体可行步骤,从而对他们未来的决策结果产生积极影响。
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引用次数: 0
An agency perspective on organizational responses to institutions: A problematizing review of emerging market firms’ responses 从代理角度看组织对制度的反应:对新兴市场企业应对措施的问题化审查
IF 10.5 1区 管理学 Q1 BUSINESS Pub Date : 2024-09-23 DOI: 10.1016/j.jbusres.2024.114975
There is an important debate on the role of institutional structures vs. organizational agency in shaping firms’ responses to institutions. The theorizing on this topic has largely been developed in stable institutional environments, and research in other contexts is required to further inform this debate. We undertake a problematizing literature review of emerging market (EM) firms’ responses to institutions to advance the conceptualization of organizational agency in EM firms’ responses and to expand the scope of existing research. First, we assess theoretical developments on organizational responses and propose a multidimensional framework distinguishing between organizational agency toward institutions and organizational agency toward the attainment of organizational strategic goals. Second, we critically examine empirical research discussing EM firms’ responses to institutions, applying our framework to assess how this research reports EM firms’ enactments of agency in their responses. We contribute to the organizational behavior literature and the institution-based view of strategy.
关于制度结构与组织机构在塑造企业对制度的反应中的作用,存在着一场重要的辩论。有关这一主题的理论研究主要是在稳定的制度环境中发展起来的,因此需要在其他环境中开展研究,以便为这一辩论提供更多信息。我们对新兴市场(EM)企业对制度的反应进行了问题化的文献综述,以推进新兴市场企业反应中组织代理的概念化,并扩大现有研究的范围。首先,我们评估了有关组织回应的理论发展,并提出了一个多维框架,将组织对机构的代理与组织对实现组织战略目标的代理区分开来。其次,我们批判性地考察了讨论新兴市场企业对制度的反应的实证研究,并运用我们的框架来评估这些研究是如何报告新兴市场企业在反应中的代理行为的。我们将为组织行为文献和基于制度的战略观点做出贡献。
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引用次数: 0
Enacting ‘true business sustainability’ − Market shaping for environmental impact 实现 "真正的企业可持续发展"--塑造市场对环境的影响
IF 10.5 1区 管理学 Q1 BUSINESS Pub Date : 2024-09-23 DOI: 10.1016/j.jbusres.2024.114949
Market-shaping research on firms’ efforts to transform markets for environmental aims is scarce and limited to incumbent actors’ efforts to replace existing technologies with more sustainable alternatives. While important, these studies implicitly adhere to the ‘business case for sustainability’ approach, in which CSR is harnessed to facilitate profitability and competitive advantage. We offer a new perspective by examining market shaping explicitly aimed at inducing environmental impact. Using the lens of for-profit hybrid firms, which enact a ‘true business sustainability’ approach by blending environmental impact goals with commercial objectives, we explore the case of a hybrid shaping an existing EU regulation-born ‘sustainability market’ built around the Guarantees of Origin for renewable electricity. We contribute to the contextual understanding of market shaping for sustainability by presenting a model of firm-level market shaping for environmental impact, unfolding through six intertwined processes inherently connected to the organization’s development.
有关企业为实现环境目标而努力改造市场的市场塑造研究很少,而且仅限于现有行为者用更具可持续性的替代品取代现有技术的努力。这些研究固然重要,但却隐含着 "可持续发展商业案例 "的方法,即利用企业社会责任促进盈利和竞争优势。我们提供了一个新的视角,研究了明确旨在诱导环境影响的市场塑造。营利性混合企业将环境影响目标与商业目标结合在一起,采用了 "真正的商业可持续发展 "方法,我们从这一角度出发,探讨了混合企业如何围绕可再生能源电力的原产地保证,塑造现有欧盟法规所规定的 "可持续发展市场"。我们提出了一个企业层面的环境影响市场塑造模型,通过与组织发展内在联系的六个相互交织的过程展开,从而有助于对可持续发展市场塑造的背景理解。
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引用次数: 0
Come and take it: Patenting pedigree and tenacity, takeover defenses, and patent valuation in post-IPO firms 来拿吧:首次公开募股后公司的专利血统和韧性、收购防御以及专利估值
IF 10.5 1区 管理学 Q1 BUSINESS Pub Date : 2024-09-23 DOI: 10.1016/j.jbusres.2024.114973
Drawing on the appropriability–appropriation framework and signaling theory, we hypothesize that post-IPO firms with higher patent quality use takeover defenses as levers to signal a willingness to allow appropriation through acquisitions. In a sample of 635 post-IPO firms with 56,605 patent approvals (1998–2014), if post-IPO firms secure approval for a high pedigree patent (cutting edge technology) or obtain a longer grant lag (tenacity), the stock market reaction is positive (negative) when anti-takeover defenses are lowered (raised) from the previous year. The findings carry implications for the appropriability–appropriation strategies of post-IPO firms and the merit of reducing takeover defenses for these firms.
借鉴挪用框架和信号理论,我们假设,专利质量较高的首次公开募股(IPO)后企业会利用收购防御作为杠杆,以表明其愿意通过收购实现挪用。在 635 家首次公开募股后公司、56605 项专利批准(1998-2014 年)的样本中,如果首次公开募股后公司获得高纯度专利(尖端技术)批准或获得较长的授权滞后期(韧性),则当反收购防御措施比前一年降低(提高)时,股市反应为正(负)。研究结果对首次公开募股后公司的适当性-拨款战略以及降低这些公司的收购防御措施的优点具有启示意义。
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引用次数: 0
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Journal of Business Research
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