The emergence of blockchain technology has spurred research and industrial advances, presenting potential benefits and practical solutions for various industries and their communities. Blockchain technology enables the efficient distribution, sharing, and secure storage of transactional data, leading to increased transparency and productivity in supply chains. While blockchain is seen as a disruptive technology, it is essential to explore its applicability to various industries. To this end, this study conducts a bibliometric analysis of the extant blockchain literature to better understand its potential applications. The study presents a systematic literature review that highlights the practical application of blockchain technology transfer in various industries, such as pharmaceuticals, banking and financial services, and media and entertainment.
{"title":"Blockchain in the age of industrial revolution: A systematic literature review using bibliometric analysis","authors":"Rishabh Gupta, Abhilasha Meena, Sanjay Dhir","doi":"10.1002/joe.22242","DOIUrl":"10.1002/joe.22242","url":null,"abstract":"<p>The emergence of blockchain technology has spurred research and industrial advances, presenting potential benefits and practical solutions for various industries and their communities. Blockchain technology enables the efficient distribution, sharing, and secure storage of transactional data, leading to increased transparency and productivity in supply chains. While blockchain is seen as a disruptive technology, it is essential to explore its applicability to various industries. To this end, this study conducts a bibliometric analysis of the extant blockchain literature to better understand its potential applications. The study presents a systematic literature review that highlights the practical application of blockchain technology transfer in various industries, such as pharmaceuticals, banking and financial services, and media and entertainment.</p>","PeriodicalId":35064,"journal":{"name":"Global Business and Organizational Excellence","volume":"43 5","pages":"5-23"},"PeriodicalIF":0.0,"publicationDate":"2023-12-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138600947","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Drawing on the team-member exchange theory, in this paper, we examine how the knowledge-based three team capabilities (team knowledge management capacity, team absorptive capacity, adaptive team capacity), when shared among team members, will influence the effectiveness of team decision-making and team innovation. The study was conducted in Indian organizations. Data collected from 112 team members (with experience in innovation projects) were analyzed using structural equation modeling and bootstrapping procedure. The findings reveal that team members' capability (knowledge management capacity, adaptive capacity) plays a significant role in team innovation when there is team decision-making. However, the study found no significant relationship between absorptive capacity and team innovation. The study contributes to the literature on team innovation by offering fresh insights into how the high-quality Team-member exchange leads to better capitalization of distinct team capabilities leading to effective team decision-making, culminating in the generation of creative and novel ideas and solutions.
{"title":"Team innovation: The role of team capabilities and team decision-making","authors":"Anjali Singh, Sumi Jha","doi":"10.1002/joe.22243","DOIUrl":"10.1002/joe.22243","url":null,"abstract":"<p>Drawing on the team-member exchange theory, in this paper, we examine how the knowledge-based three team capabilities (team knowledge management capacity, team absorptive capacity, adaptive team capacity), when shared among team members, will influence the effectiveness of team decision-making and team innovation. The study was conducted in Indian organizations. Data collected from 112 team members (with experience in innovation projects) were analyzed using structural equation modeling and bootstrapping procedure. The findings reveal that team members' capability (knowledge management capacity, adaptive capacity) plays a significant role in team innovation when there is team decision-making. However, the study found no significant relationship between absorptive capacity and team innovation. The study contributes to the literature on team innovation by offering fresh insights into how the high-quality Team-member exchange leads to better capitalization of distinct team capabilities leading to effective team decision-making, culminating in the generation of creative and novel ideas and solutions.</p>","PeriodicalId":35064,"journal":{"name":"Global Business and Organizational Excellence","volume":"43 4","pages":"26-44"},"PeriodicalIF":0.0,"publicationDate":"2023-11-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139249703","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Stephen P. Young, Vicki L. Baker, Amy Lyndon, Yulia Tolstikov-Mast
The complex nature of today's global organization has led to the adoption of rotational leadership programs to ensure leaders have the necessary skills to succeed in a global landscape. However, this strategy fails to account for what happens to organizational followers when leaders are rotated to new positions. This research aimed to explore followers' experiences when exposed to rotating leadership. A sequential explanatory research mixed-methods design was used to identify the types of followers in the global organization and their perceptions of this leadership phenomenon. Phase 1 collected data from 302 members of a global organization and identified participants by follower type. Phase 2 included semi-structured interviews with 29 participants identified in Phase 1 and explored the followers' lived experiences when subjected to frequent changes in leadership. This study advances previous research that explores employee behavior and organizational change and presents new findings about follower perceptions of frequent leadership changes. First, this study found that followers exposed to fewer leaders were more likely to identify themselves as exemplary followers. Second, the perceptions and experiences of rotating leadership varied by follower type. Third, this study found varying perceptions among followers when compared by job function but found frustration the most common among all follower types and job functions. Finally, regardless of type or job function, all followers shared negative experiences and effects of the leadership rotation phenomenon. Based on these results, we discuss theoretical and practical implications for the global organization and offer recommendations for practice and continued exploration.
{"title":"Developing leaders through rotational programs: What is the cost to followers?","authors":"Stephen P. Young, Vicki L. Baker, Amy Lyndon, Yulia Tolstikov-Mast","doi":"10.1002/joe.22240","DOIUrl":"10.1002/joe.22240","url":null,"abstract":"<p>The complex nature of today's global organization has led to the adoption of rotational leadership programs to ensure leaders have the necessary skills to succeed in a global landscape. However, this strategy fails to account for what happens to organizational followers when leaders are rotated to new positions. This research aimed to explore followers' experiences when exposed to rotating leadership. A sequential explanatory research mixed-methods design was used to identify the types of followers in the global organization and their perceptions of this leadership phenomenon. Phase 1 collected data from 302 members of a global organization and identified participants by follower type. Phase 2 included semi-structured interviews with 29 participants identified in Phase 1 and explored the followers' lived experiences when subjected to frequent changes in leadership. This study advances previous research that explores employee behavior and organizational change and presents new findings about follower perceptions of frequent leadership changes. First, this study found that followers exposed to fewer leaders were more likely to identify themselves as exemplary followers. Second, the perceptions and experiences of rotating leadership varied by follower type. Third, this study found varying perceptions among followers when compared by job function but found frustration the most common among all follower types and job functions. Finally, regardless of type or job function, all followers shared negative experiences and effects of the leadership rotation phenomenon. Based on these results, we discuss theoretical and practical implications for the global organization and offer recommendations for practice and continued exploration.</p>","PeriodicalId":35064,"journal":{"name":"Global Business and Organizational Excellence","volume":"43 3","pages":"72-88"},"PeriodicalIF":0.0,"publicationDate":"2023-11-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139267164","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
In light of the rise of generative AI and recent debates about the socio-political implications of large-language models, chatbots, and the like, this paper analyzes the E.U.’s Artificial Intelligence Act (AIA), the world's first comprehensive attempt by a government body to address and mitigate the potentially negative impacts of AI technologies. The paper critically analyzes the AIA from a business and computer ethics point of view—a perspective currently lacking in the academic (e.g., GBOE-related) literature. It evaluates, in particular, the AIA's strengths and weaknesses and proposes reform measures that could help to strengthen the AIA. Among the AIA's strengths are its legally binding character, extra-territoriality, ability to address data quality and discrimination risks, and institutional innovations such as the AI Board and publicly accessible logs and database for AI systems. Among its main weaknesses are its lack of effective enforcement, oversight, and control, absence of procedural rights and remedy mechanisms, inadequate worker protection, institutional ambiguities, insufficient funding and staffing, and inadequate consideration of sustainability issues. Reform suggestions include establishing independent conformity assessment procedures, strengthening democratic accountability and judicial oversight, introducing redress and complaint mechanisms, ensuring the participation and inclusion of workers, guaranteeing political independence of the AI Board, providing enhanced funding and staffing of market surveillance authorities, and mandating “green AI.”
{"title":"Mitigating the adverse effects of AI with the European Union's artificial intelligence act: Hype or hope?","authors":"Manuel Wörsdörfer","doi":"10.1002/joe.22238","DOIUrl":"10.1002/joe.22238","url":null,"abstract":"<p>In light of the rise of generative AI and recent debates about the socio-political implications of large-language models, chatbots, and the like, this paper analyzes the E.U.’s Artificial Intelligence Act (AIA), the world's first comprehensive attempt by a government body to address and mitigate the potentially negative impacts of AI technologies. The paper critically analyzes the AIA from a business and computer ethics point of view—a perspective currently lacking in the academic (e.g., GBOE-related) literature. It evaluates, in particular, the AIA's strengths and weaknesses and proposes reform measures that could help to strengthen the AIA. Among the AIA's strengths are its legally binding character, extra-territoriality, ability to address data quality and discrimination risks, and institutional innovations such as the AI Board and publicly accessible logs and database for AI systems. Among its main weaknesses are its lack of effective enforcement, oversight, and control, absence of procedural rights and remedy mechanisms, inadequate worker protection, institutional ambiguities, insufficient funding and staffing, and inadequate consideration of sustainability issues. Reform suggestions include establishing independent conformity assessment procedures, strengthening democratic accountability and judicial oversight, introducing redress and complaint mechanisms, ensuring the participation and inclusion of workers, guaranteeing political independence of the AI Board, providing enhanced funding and staffing of market surveillance authorities, and mandating “green AI.”</p>","PeriodicalId":35064,"journal":{"name":"Global Business and Organizational Excellence","volume":"43 3","pages":"106-126"},"PeriodicalIF":0.0,"publicationDate":"2023-11-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134957471","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
There is a need for additional research on minority entrepreneurs need to access start-up funding to grow and sustain their businesses. The problem is access to financial capital is a constraint for minority entrepreneurs and negatively impacts their ability to stay in business. Minority borrowers face more difficult borrowing conditions than Caucasian entrepreneurs. The results from this case study demonstrated the pecking order theory and the resource base theory, and that there is no relationship between the source of the funding and the success and failure of 11 minority-owned small business startups. Case study is an excellent research design for this study because it allows a researcher to investigate the lived experiences of individuals who have shared experiences of a particular event or condition. The results from this case study showed a majority of the research participants indicated that avoidance of debt is a primary motivating factor to use personal savings as a primary choice in funding their respective businesses. This article is designed to assist policymakers at both the state and federal government levels in better understanding how to provide accessible financing to these entrepreneurs. Also, this article is designed for all individuals who have started a business or may be thinking about starting a business to get a better understanding of the obstacles and motivations minority entrepreneurs encounter when attempting to find financing to start their businesses.
{"title":"Minority entrepreneurs and start-up financing","authors":"Desmond D. Robinson","doi":"10.1002/joe.22239","DOIUrl":"10.1002/joe.22239","url":null,"abstract":"<p>There is a need for additional research on minority entrepreneurs need to access start-up funding to grow and sustain their businesses. The problem is access to financial capital is a constraint for minority entrepreneurs and negatively impacts their ability to stay in business. Minority borrowers face more difficult borrowing conditions than Caucasian entrepreneurs. The results from this case study demonstrated the pecking order theory and the resource base theory, and that there is no relationship between the source of the funding and the success and failure of 11 minority-owned small business startups. Case study is an excellent research design for this study because it allows a researcher to investigate the lived experiences of individuals who have shared experiences of a particular event or condition. The results from this case study showed a majority of the research participants indicated that avoidance of debt is a primary motivating factor to use personal savings as a primary choice in funding their respective businesses. This article is designed to assist policymakers at both the state and federal government levels in better understanding how to provide accessible financing to these entrepreneurs. Also, this article is designed for all individuals who have started a business or may be thinking about starting a business to get a better understanding of the obstacles and motivations minority entrepreneurs encounter when attempting to find financing to start their businesses.</p>","PeriodicalId":35064,"journal":{"name":"Global Business and Organizational Excellence","volume":"43 3","pages":"61-71"},"PeriodicalIF":0.0,"publicationDate":"2023-11-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134956906","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This study examines the online shopping behavior of the different generational cohorts (X, Y, and Z) to determine the differences and similarities in their behavioral patterns. The study's findings in the Malaysian context reveal that, irrespective of generational cohorts, key factors significantly influence online shopping behavior. Notably, information quality and source credibility play a pivotal role in enhancing information usefulness, highlighting consumers' strong emphasis on the credibility and quality of information sources when making online purchase decisions. Additionally, personalized services provided by online retailers positively influence consumers' habitual behavior, reduce their willingness to switch to other retailers, and encourage online purchases. This suggests that tailored services and products catering to individual needs foster repeat behavior and customer loyalty. Interestingly, generational cohorts appear to have little impact on consumer responses, indicating that, as online shopping becomes more prevalent, consumer behavior tends to align around common traits, such as valuing information quality and credibility, personalized services, and the formation of positive shopping habits.
{"title":"Common traits in online shopping behavior: A study of different generational cohorts","authors":"Stanley Nwobodo, Marc Arul Weissmann","doi":"10.1002/joe.22236","DOIUrl":"10.1002/joe.22236","url":null,"abstract":"<p>This study examines the online shopping behavior of the different generational cohorts (X, Y, and Z) to determine the differences and similarities in their behavioral patterns. The study's findings in the Malaysian context reveal that, irrespective of generational cohorts, key factors significantly influence online shopping behavior. Notably, information quality and source credibility play a pivotal role in enhancing information usefulness, highlighting consumers' strong emphasis on the credibility and quality of information sources when making online purchase decisions. Additionally, personalized services provided by online retailers positively influence consumers' habitual behavior, reduce their willingness to switch to other retailers, and encourage online purchases. This suggests that tailored services and products catering to individual needs foster repeat behavior and customer loyalty. Interestingly, generational cohorts appear to have little impact on consumer responses, indicating that, as online shopping becomes more prevalent, consumer behavior tends to align around common traits, such as valuing information quality and credibility, personalized services, and the formation of positive shopping habits.</p>","PeriodicalId":35064,"journal":{"name":"Global Business and Organizational Excellence","volume":"43 3","pages":"46-60"},"PeriodicalIF":0.0,"publicationDate":"2023-11-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/joe.22236","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134957482","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This article examines the role of indigenous communities in promoting social change and accomplishing Sustainable Development Goals (SDGs). Using an integrative review, we offer an unbiased assessment of indigenous communities and SDGs. We contend that indigenous communities’ contribution to SDGs enhances technological innovations (via top-down or bottom-up approaches) and fosters social change. Our study identifies six themes: economy, ecology, livelihood, socio-demographic factors, sustainable development, and politics, policies, and partnerships. For each theme and SDG, we pinpoint research gaps and propose potential directions. Given the 2030 Agenda for Sustainable Development, joint initiatives to empower indigenous people, preserve their rights, and include them in decision-making processes are critical. This study emphasizes the significance of using and strategizing indigenous knowledge in the face of environmental and other changes, thus advancing indigenous management theory. The article concludes by offering theoretical, practical, and policy implications for researchers, entrepreneurs, and the government.
{"title":"Indigenous communities and sustainable development: A review and research agenda","authors":"Sanchita Bansal, Tapan Sarker, Anshita Yadav, Isha Garg, Mansi Gupta, Harsha Sarvaiya","doi":"10.1002/joe.22237","DOIUrl":"10.1002/joe.22237","url":null,"abstract":"<p>This article examines the role of indigenous communities in promoting social change and accomplishing Sustainable Development Goals (SDGs). Using an integrative review, we offer an unbiased assessment of indigenous communities and SDGs. We contend that indigenous communities’ contribution to SDGs enhances technological innovations (via top-down or bottom-up approaches) and fosters social change. Our study identifies six themes: economy, ecology, livelihood, socio-demographic factors, sustainable development, and politics, policies, and partnerships. For each theme and SDG, we pinpoint research gaps and propose potential directions. Given the 2030 Agenda for Sustainable Development, joint initiatives to empower indigenous people, preserve their rights, and include them in decision-making processes are critical. This study emphasizes the significance of using and strategizing indigenous knowledge in the face of environmental and other changes, thus advancing indigenous management theory. The article concludes by offering theoretical, practical, and policy implications for researchers, entrepreneurs, and the government.</p>","PeriodicalId":35064,"journal":{"name":"Global Business and Organizational Excellence","volume":"43 4","pages":"65-87"},"PeriodicalIF":0.0,"publicationDate":"2023-11-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/joe.22237","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134957196","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Kyriakos Christofi, Pieris Chourides, George Papageorgiou
Amidst the fluidity of today's post-COVID business environment, this paper aims to fortify the discourse on strategic agility, by presenting a comprehensive best practice framework for its development and sustenance. This is achieved by carrying out an empirical investigation on four best practice multinational corporations. Despite abundant scholarly attention, a critical gap persists in the empirical examination of specific functional practices and their role for fostering strategic agility. This research fills this void, leveraging in-depth interviews with strategic-level managers and analyzing archival data, revealing that strategic agility necessitates a systemic approach and congruent efforts across organizational functions. Key findings underscore the role knowledge management as the linchpin, with corresponding emphasis on dynamic talent management, strategic partnerships, open innovation, digitalization, and sustainability. As a result, this paper contributes to the strategic management literature by offering practical insights for managers of global businesses in navigating the complexities of a rapidly evolving competitive landscape towards organizational excellence
{"title":"Cultivating strategic agility – An empirical investigation into best practice","authors":"Kyriakos Christofi, Pieris Chourides, George Papageorgiou","doi":"10.1002/joe.22241","DOIUrl":"10.1002/joe.22241","url":null,"abstract":"<p>Amidst the fluidity of today's post-COVID business environment, this paper aims to fortify the discourse on strategic agility, by presenting a comprehensive best practice framework for its development and sustenance. This is achieved by carrying out an empirical investigation on four best practice multinational corporations. Despite abundant scholarly attention, a critical gap persists in the empirical examination of specific functional practices and their role for fostering strategic agility. This research fills this void, leveraging in-depth interviews with strategic-level managers and analyzing archival data, revealing that strategic agility necessitates a systemic approach and congruent efforts across organizational functions. Key findings underscore the role knowledge management as the linchpin, with corresponding emphasis on dynamic talent management, strategic partnerships, open innovation, digitalization, and sustainability. As a result, this paper contributes to the strategic management literature by offering practical insights for managers of global businesses in navigating the complexities of a rapidly evolving competitive landscape towards organizational excellence</p>","PeriodicalId":35064,"journal":{"name":"Global Business and Organizational Excellence","volume":"43 3","pages":"89-105"},"PeriodicalIF":0.0,"publicationDate":"2023-11-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/joe.22241","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136282111","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Fangfang Zan, Yee Choy Leong, Noor Azlin Ismail, Mingyue Chu, Abu Naser Mohammad Saif, K. M. Anwarul Islam
The investigation into the performance of small and medium-sized enterprises (SMEs) driven by open innovation has received relatively limited attention in academic research. Businesses can enhance their innovation efforts and develop new products or services by using open innovation strategies to tap into internal expertise or examine external facts. The authors examined the rationales and outcomes of open innovation in SMEs by drawing upon existing theories related to the resource-based and knowledge-based perspectives of firms. A conceptual model was proposed. The hypotheses were tested using Partial Least Squares (PLS). Data collected from 429 SMEs were analyzed using SmartPLS 4. The current research indicates that open innovation serves as a mediator between knowledge sharing and innovation performance, with knowledge sharing exerting a positive influence on open innovation and innovation performance. The findings of this study emphasize the increased opportunities presented by open innovation theory and practice, providing insights into the formulation of strategies for the future development of Chinese SMEs.
{"title":"Knowledge sharing and innovation performance: The mediating role of open innovation","authors":"Fangfang Zan, Yee Choy Leong, Noor Azlin Ismail, Mingyue Chu, Abu Naser Mohammad Saif, K. M. Anwarul Islam","doi":"10.1002/joe.22235","DOIUrl":"10.1002/joe.22235","url":null,"abstract":"<p>The investigation into the performance of small and medium-sized enterprises (SMEs) driven by open innovation has received relatively limited attention in academic research. Businesses can enhance their innovation efforts and develop new products or services by using open innovation strategies to tap into internal expertise or examine external facts. The authors examined the rationales and outcomes of open innovation in SMEs by drawing upon existing theories related to the resource-based and knowledge-based perspectives of firms. A conceptual model was proposed. The hypotheses were tested using Partial Least Squares (PLS). Data collected from 429 SMEs were analyzed using SmartPLS 4. The current research indicates that open innovation serves as a mediator between knowledge sharing and innovation performance, with knowledge sharing exerting a positive influence on open innovation and innovation performance. The findings of this study emphasize the increased opportunities presented by open innovation theory and practice, providing insights into the formulation of strategies for the future development of Chinese SMEs.</p>","PeriodicalId":35064,"journal":{"name":"Global Business and Organizational Excellence","volume":"43 3","pages":"32-45"},"PeriodicalIF":0.0,"publicationDate":"2023-11-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135341521","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The dialectic between micro and macro theoretical perspectives remains a cornerstone in the study of business and social science. As globalization intensifies, these perspectives offer unique but sometimes conflicting views, with macro theories providing panoramic insights and micro theories zooming into nuanced contexts. The dominance of Western-centric etic theories, though beneficial historically, faces challenges in the evolving tapestry of our interconnected world. Firms today grapple with intricate landscapes influenced by varied cultural, political, and social factors, necessitating more context-sensitive tools. This article delves into the merits and limitations of both perspectives, advocating for the symbiotic use of micro and macro theories to navigate the complexities of today's globalized business environment. By nurturing both theoretical paradigms, we pave the way for a richer, more holistic understanding of modern-day challenges and opportunities.
{"title":"Theory development in a globalized world: Bridging “Doing as the Romans Do” with “Understanding Why the Romans Do It”","authors":"Stephen Thomas Homer, Weng Marc Lim","doi":"10.1002/joe.22234","DOIUrl":"10.1002/joe.22234","url":null,"abstract":"<p>The dialectic between micro and macro theoretical perspectives remains a cornerstone in the study of business and social science. As globalization intensifies, these perspectives offer unique but sometimes conflicting views, with macro theories providing panoramic insights and micro theories zooming into nuanced contexts. The dominance of Western-centric etic theories, though beneficial historically, faces challenges in the evolving tapestry of our interconnected world. Firms today grapple with intricate landscapes influenced by varied cultural, political, and social factors, necessitating more context-sensitive tools. This article delves into the merits and limitations of both perspectives, advocating for the symbiotic use of micro and macro theories to navigate the complexities of today's globalized business environment. By nurturing both theoretical paradigms, we pave the way for a richer, more holistic understanding of modern-day challenges and opportunities.</p>","PeriodicalId":35064,"journal":{"name":"Global Business and Organizational Excellence","volume":"43 3","pages":"127-138"},"PeriodicalIF":0.0,"publicationDate":"2023-10-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/joe.22234","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136157239","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}