Pub Date : 2019-09-26DOI: 10.1080/15475778.2019.1664234
Belma Kencebay
Abstract There are worries about the present and likely future effect of new innovations like robots and artificial intelligence. Analysts from various fields including science and business have been studying how new innovation will influence the job market and more extensively how new innovations will affect society. The aim of this study is to empirically investigate the acceptance of robots & driverless cars. In this study we examined the impact of the following variables; influence on personal economy, awareness, perceived enjoyment and anxiety related to acceptance of robots and also the impact of safeness, awareness, perceived enjoyment and anxiety on acceptance of driverless cars.
{"title":"User acceptance of driverless vehicles and robots with aspect of personal economy","authors":"Belma Kencebay","doi":"10.1080/15475778.2019.1664234","DOIUrl":"https://doi.org/10.1080/15475778.2019.1664234","url":null,"abstract":"Abstract There are worries about the present and likely future effect of new innovations like robots and artificial intelligence. Analysts from various fields including science and business have been studying how new innovation will influence the job market and more extensively how new innovations will affect society. The aim of this study is to empirically investigate the acceptance of robots & driverless cars. In this study we examined the impact of the following variables; influence on personal economy, awareness, perceived enjoyment and anxiety related to acceptance of robots and also the impact of safeness, awareness, perceived enjoyment and anxiety on acceptance of driverless cars.","PeriodicalId":40044,"journal":{"name":"Journal of Transnational Management","volume":"24 1","pages":"283 - 304"},"PeriodicalIF":0.0,"publicationDate":"2019-09-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/15475778.2019.1664234","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48644737","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}
Pub Date : 2019-09-16DOI: 10.1080/15475778.2019.1664216
D. T. Dinç, A. Gökmen
Abstract Capital accumulation is the first and foremost important factor to induce economic growth and development in a country. Yet, not every country in the world is bestowed with abundant capital. Thus, in this instance foreign direct investment (FDI) emerges as a good option to supply the necessary amount of capital to countries which are deprived of the necessary capital stock. Moreover, FDI, besides being a catalyst of economic development, is a significant means of transferring technology, knowledge, managerial know-how and constitutes new potentials to create employment opportunities, increase the production volume and enhance the foreign trade balance. Furthermore, the impact of FDI inflow on the economic growth is researched in this paper for Brazil by means of utilizing various econometric methods for the period of 1970–2017. According to the results of this study there is no positive causality between economic growth and FDI inflow in the short-run. Yet, there is a positive and significant causality between FDI inflow and economic growth in the long-run as well as this stems from the fact that investments lead to positive results gradually in the long-term which also means that investments shall be converted into production as much as possible. Moreover, the novelty of this paper is that it is one of the most up-to-date studies to research FDI – economic growth correlation on Brazil in the literature.
{"title":"Foreign direct investment & its correlation to economics: The case of Brazil","authors":"D. T. Dinç, A. Gökmen","doi":"10.1080/15475778.2019.1664216","DOIUrl":"https://doi.org/10.1080/15475778.2019.1664216","url":null,"abstract":"Abstract Capital accumulation is the first and foremost important factor to induce economic growth and development in a country. Yet, not every country in the world is bestowed with abundant capital. Thus, in this instance foreign direct investment (FDI) emerges as a good option to supply the necessary amount of capital to countries which are deprived of the necessary capital stock. Moreover, FDI, besides being a catalyst of economic development, is a significant means of transferring technology, knowledge, managerial know-how and constitutes new potentials to create employment opportunities, increase the production volume and enhance the foreign trade balance. Furthermore, the impact of FDI inflow on the economic growth is researched in this paper for Brazil by means of utilizing various econometric methods for the period of 1970–2017. According to the results of this study there is no positive causality between economic growth and FDI inflow in the short-run. Yet, there is a positive and significant causality between FDI inflow and economic growth in the long-run as well as this stems from the fact that investments lead to positive results gradually in the long-term which also means that investments shall be converted into production as much as possible. Moreover, the novelty of this paper is that it is one of the most up-to-date studies to research FDI – economic growth correlation on Brazil in the literature.","PeriodicalId":40044,"journal":{"name":"Journal of Transnational Management","volume":"24 1","pages":"323 - 342"},"PeriodicalIF":0.0,"publicationDate":"2019-09-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/15475778.2019.1664216","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47732813","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}
Pub Date : 2019-07-18DOI: 10.1080/15475778.2019.1641394
Shab Hundal, Anne Eskola, D. Tuan
Abstract The relationship between the risk and return has always been a topic of interest to investors and academics. Capital Asset Pricing Model (hereafter, CAPM) is one of the most important theoretical foundations in the field of finance. The current study examines, first, the relationship between return and risk in the context of the Finnish stock market, and second, to identify if the realized return of Finnish companies highlights over/under-performance. The findings indicate that the risk–return relationship has been working in sync and the stock return of sample firms have been observed to be less volatile than the market index.
{"title":"Risk–return relationship in the Finnish stock market in the light of Capital Asset Pricing Model (CAPM)","authors":"Shab Hundal, Anne Eskola, D. Tuan","doi":"10.1080/15475778.2019.1641394","DOIUrl":"https://doi.org/10.1080/15475778.2019.1641394","url":null,"abstract":"Abstract The relationship between the risk and return has always been a topic of interest to investors and academics. Capital Asset Pricing Model (hereafter, CAPM) is one of the most important theoretical foundations in the field of finance. The current study examines, first, the relationship between return and risk in the context of the Finnish stock market, and second, to identify if the realized return of Finnish companies highlights over/under-performance. The findings indicate that the risk–return relationship has been working in sync and the stock return of sample firms have been observed to be less volatile than the market index.","PeriodicalId":40044,"journal":{"name":"Journal of Transnational Management","volume":"24 1","pages":"305 - 322"},"PeriodicalIF":0.0,"publicationDate":"2019-07-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/15475778.2019.1641394","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"59981831","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}
Pub Date : 2019-07-03DOI: 10.1080/15475778.2019.1634406
M. Goncalves, E. C. Smith
Abstract This study investigates the internationalization strategies of Lusophone Africa multinational enterprises (MNEs) from Angola and Mozambique, more specifically their entry mode. Information was gathered through a survey of 29 MNEs upper management respondents and subsequent face-to-face semi-structured interviews with 24 of them in their countries. The results suggest that most MNEs opted for equity-based investment strategies, mainly joint venture and mergers and acquisitions (M&A) as their preferred mode of entry when internationalizing. A significant group of them opted for e-commerce/e-business strategies and direct and indirect exports. A smaller portion of the interviewees chose Greenfield investment as a mode of entry. Many of these MNEs could be classified as born global/international new venture (INV). Finally, this study presents a conceptual framework for use in studying the entry mode choice of enterprises from Lusophone Africa frontier markets and presents research propositions for better understanding the determinants of entry mode strategies of enterprise from Angola and Mozambique.
{"title":"Lusophone-African SME internationalization: A case for born global and international joint ventures","authors":"M. Goncalves, E. C. Smith","doi":"10.1080/15475778.2019.1634406","DOIUrl":"https://doi.org/10.1080/15475778.2019.1634406","url":null,"abstract":"Abstract This study investigates the internationalization strategies of Lusophone Africa multinational enterprises (MNEs) from Angola and Mozambique, more specifically their entry mode. Information was gathered through a survey of 29 MNEs upper management respondents and subsequent face-to-face semi-structured interviews with 24 of them in their countries. The results suggest that most MNEs opted for equity-based investment strategies, mainly joint venture and mergers and acquisitions (M&A) as their preferred mode of entry when internationalizing. A significant group of them opted for e-commerce/e-business strategies and direct and indirect exports. A smaller portion of the interviewees chose Greenfield investment as a mode of entry. Many of these MNEs could be classified as born global/international new venture (INV). Finally, this study presents a conceptual framework for use in studying the entry mode choice of enterprises from Lusophone Africa frontier markets and presents research propositions for better understanding the determinants of entry mode strategies of enterprise from Angola and Mozambique.","PeriodicalId":40044,"journal":{"name":"Journal of Transnational Management","volume":"24 1","pages":"231 - 258"},"PeriodicalIF":0.0,"publicationDate":"2019-07-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/15475778.2019.1634406","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48433393","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}
Pub Date : 2019-07-03DOI: 10.1080/15475778.2019.1633507
Galanou N. Aikaterini, S. Ioannis, Tryfon Vasilagos
Abstract Decision making of innovation comes to the fore as sufficient justification for achieving competitiveness in a context of ever-increasing rivalry. In this formulation, decision makers are likely to form mental frames and sense-making processes in order to access complex interactions of external and organizational ingredients and make strategic decisions of innovation alternatives (service innovation, process innovation, ancillary innovation). This paper examines environmental factors that may explain managers’ strategic choice of a specific type of innovation in service sector organizations located in Qatar and Greece from the viewpoint of the managers’ distinct national cultures resulting in different attitudes and values. This research work examines several main-effect propositions regarding managers’ perspective chosen innovation alternatives, depending on the external forces (service need, diversity of need, increase in population, and influence of context) are dealing with. We illustrate the main effect by looking at surface manifestations of managerial decisions of innovation as outward expressions of distinct characteristics lying deeper in each national culture of origin: Qatari managers prefer service innovations more than Greek managers do. Furthermore, this article reports on the findings of an exploratory study comparing national differences in innovation selection decision between Qatari and Greek top managers that develop a number of interaction effects. To confirm our propositions we gathered experimental data from 118 Greek top managers and 61 Qatari top managers. A multilevel regression analysis was used to examine and assess the relative impacts of the environmental forces on innovation strategic decision-making.
{"title":"Do external environmental factors affect on strategic choice decisions of innovation?: The case of service organizations in a cross-cultural comparison","authors":"Galanou N. Aikaterini, S. Ioannis, Tryfon Vasilagos","doi":"10.1080/15475778.2019.1633507","DOIUrl":"https://doi.org/10.1080/15475778.2019.1633507","url":null,"abstract":"Abstract Decision making of innovation comes to the fore as sufficient justification for achieving competitiveness in a context of ever-increasing rivalry. In this formulation, decision makers are likely to form mental frames and sense-making processes in order to access complex interactions of external and organizational ingredients and make strategic decisions of innovation alternatives (service innovation, process innovation, ancillary innovation). This paper examines environmental factors that may explain managers’ strategic choice of a specific type of innovation in service sector organizations located in Qatar and Greece from the viewpoint of the managers’ distinct national cultures resulting in different attitudes and values. This research work examines several main-effect propositions regarding managers’ perspective chosen innovation alternatives, depending on the external forces (service need, diversity of need, increase in population, and influence of context) are dealing with. We illustrate the main effect by looking at surface manifestations of managerial decisions of innovation as outward expressions of distinct characteristics lying deeper in each national culture of origin: Qatari managers prefer service innovations more than Greek managers do. Furthermore, this article reports on the findings of an exploratory study comparing national differences in innovation selection decision between Qatari and Greek top managers that develop a number of interaction effects. To confirm our propositions we gathered experimental data from 118 Greek top managers and 61 Qatari top managers. A multilevel regression analysis was used to examine and assess the relative impacts of the environmental forces on innovation strategic decision-making.","PeriodicalId":40044,"journal":{"name":"Journal of Transnational Management","volume":"24 1","pages":"185 - 230"},"PeriodicalIF":0.0,"publicationDate":"2019-07-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/15475778.2019.1633507","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41372785","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}
Pub Date : 2019-07-03DOI: 10.1080/15475778.2019.1633170
Olusegun Vincent, O. Evans
Abstract This study investigates the relationship between cryptocurrency, internet, mobile phones, financial inclusion, and financial sector development in China, India, Nigeria, and South Africa for the period 2009–2017 using fully modified ordinary least square (FM-OLS) and causality analysis. The empirical results show that cryptocurrency, internet usage, and mobile subscriptions have a significant positive relationship with financial inclusion and financial sector development, suggesting that countries with higher levels of cryptocurrency, internet usage, and mobile subscriptions have higher levels of financial inclusion and financial sector development. This finding is further buttressed by the causality analysis which shows that cryptocurrency, internet usage, and mobile subscriptions cause financial inclusion and financial sector development in the four countries.
{"title":"Can cryptocurrency, mobile phones, and internet herald sustainable financial sector development in emerging markets?","authors":"Olusegun Vincent, O. Evans","doi":"10.1080/15475778.2019.1633170","DOIUrl":"https://doi.org/10.1080/15475778.2019.1633170","url":null,"abstract":"Abstract This study investigates the relationship between cryptocurrency, internet, mobile phones, financial inclusion, and financial sector development in China, India, Nigeria, and South Africa for the period 2009–2017 using fully modified ordinary least square (FM-OLS) and causality analysis. The empirical results show that cryptocurrency, internet usage, and mobile subscriptions have a significant positive relationship with financial inclusion and financial sector development, suggesting that countries with higher levels of cryptocurrency, internet usage, and mobile subscriptions have higher levels of financial inclusion and financial sector development. This finding is further buttressed by the causality analysis which shows that cryptocurrency, internet usage, and mobile subscriptions cause financial inclusion and financial sector development in the four countries.","PeriodicalId":40044,"journal":{"name":"Journal of Transnational Management","volume":"24 1","pages":"259 - 279"},"PeriodicalIF":0.0,"publicationDate":"2019-07-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/15475778.2019.1633170","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45242930","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}
Pub Date : 2019-06-26DOI: 10.1080/15475778.2019.1632636
Debasish Roy
Abstract Blake and Mouton’s seminal work on leadership style has attracted researchers and been subjected to both praise and criticism from different frontiers. Blake and Mouton’s Managerial Grid (BMMG) is a two-dimensional model where the “concern for production” is plotted along the horizontal axis (X-axis) and the “concern for people” is plotted along the vertical axis (Y-axis) for a firm/organization. Clearly, BMMG model was established with reference to a microeconomic perspective in mind. This research paper’s objectives are two-fold: First; to formulate a Blake and Mouton’s Managerial Grid Index (BMMGI) consisting of two proxy independent variables for “concern for production” and “concern for people,” respectively, in a macroeconomic perspective, and second; to individually compare between the estimated and actual results of Blake and Mouton’s Managerial Grid Index Area (BMMGIA), calculate the deviation between the two, if any, for each sample observation by applying extrapolation and classify the countries according to the regression results. In order to serve these purposes, empirical analysis has been performed across 11 European countries for the time period of 10 years (2008–2017).
{"title":"Managerial grid in macroeconomic perspective: An empirical study (2008–2017)","authors":"Debasish Roy","doi":"10.1080/15475778.2019.1632636","DOIUrl":"https://doi.org/10.1080/15475778.2019.1632636","url":null,"abstract":"Abstract Blake and Mouton’s seminal work on leadership style has attracted researchers and been subjected to both praise and criticism from different frontiers. Blake and Mouton’s Managerial Grid (BMMG) is a two-dimensional model where the “concern for production” is plotted along the horizontal axis (X-axis) and the “concern for people” is plotted along the vertical axis (Y-axis) for a firm/organization. Clearly, BMMG model was established with reference to a microeconomic perspective in mind. This research paper’s objectives are two-fold: First; to formulate a Blake and Mouton’s Managerial Grid Index (BMMGI) consisting of two proxy independent variables for “concern for production” and “concern for people,” respectively, in a macroeconomic perspective, and second; to individually compare between the estimated and actual results of Blake and Mouton’s Managerial Grid Index Area (BMMGIA), calculate the deviation between the two, if any, for each sample observation by applying extrapolation and classify the countries according to the regression results. In order to serve these purposes, empirical analysis has been performed across 11 European countries for the time period of 10 years (2008–2017).","PeriodicalId":40044,"journal":{"name":"Journal of Transnational Management","volume":"24 1","pages":"165 - 184"},"PeriodicalIF":0.0,"publicationDate":"2019-06-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/15475778.2019.1632636","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46103825","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}