European Research on Management and Business Economics最新文献_第2页

Who am I? An effectual perspective on the impact of psychological capital on the internationalization of academic spin-offs 我是谁？心理资本对学术衍生国际化影响的有效视角

IF 6.4 3区管理学 Q1 BUSINESS

European Research on Management and Business Economics

Pub Date : 2025-10-15 DOI: 10.1016/j.iedeen.2025.100296

M.L. Fernández-Alles, J.P. Diánez-González, D. Hernández-Roque, M. Villanueva-Flores

The literature applying effectual logic to entrepreneurial activity is extensive. However, more effective research needs to be conducted to analyze international entrepreneurship in the specific context of academic spin-offs (ASOs). Prior research has mainly analyzed the effect of human capital and relational capital on internationalization. However, limited research has focused on their psychological capital (PsyCap). The PsyCap changes over time due to the entrepreneur's international experiences and the differences in PsyCap in different internationalization patterns. Therefore, the objective of the paper is twofold. First, to analyze whether there are differences in the PsyCap of the academic entrepreneur between domestic ASOs and international ASOs. Second, to identify differences in the PsyCap of entrepreneurs' pre- and post-internationalization in international ASOs and with different internationalization patterns. The results of hierarchical cluster analysis, analysis of variance (ANOVA), and post-hoc tests conclude, first, that there are no differences in the PsyCap of academic entrepreneurs in domestic ASOs and international ASOs, except for one of its dimension, optimism, which is more prominent for international ASOs. Second, in all internationalized ASOs, there are differences in the PsyCap of the academic entrepreneur if we compare the stage of creation with the current stage. However, optimism is similar in both stages. Third, comparing PsyCap in different internationalization patterns, there are differences in the PsyCap of academic entrepreneurs from one stage to another. PsyCap grows in Uppsala and Born Global (BG) ASOs but decreases in de-internationalized ASOs, which follow a non-linear pattern. Finally, self-efficacy is a key psychological dimension for de-internationalized ASOs.

将有效逻辑应用于创业活动的文献非常广泛。然而，需要进行更有效的研究，以分析学术附带利益（ASOs）的具体背景下的国际创业精神。以往的研究主要分析人力资本和关系资本对国际化的影响。然而，关注他们心理资本（PsyCap）的研究有限。由于企业家的国际经验和不同国际化模式下PsyCap的差异，PsyCap会随着时间的推移而变化。因此，本文的目的是双重的。首先，分析国内学术型创业家与国际学术型创业家的心理cap是否存在差异。第二，识别不同国际化模式下国际自主创业组织企业家国际化前后心理cap的差异。层次聚类分析、方差分析（ANOVA）和事后检验的结果表明：第一，学术型创业家的心理cap在国内创业家与国际创业家之间没有差异，只有一个维度乐观主义在国际创业家中更为突出。其次，在所有国际化的自主创业组织中，如果将其创建阶段与当前阶段进行比较，则学术企业家的心理cap存在差异。然而，这两个阶段的乐观情绪是相似的。第三，比较不同国际化模式下的心理cap，学术型企业家在不同阶段的心理cap存在差异。PsyCap在Uppsala和Born Global (BG) aso中增长，但在非国际化aso中下降，遵循非线性模式。最后，自我效能感是去国际化ASOs的关键心理维度。

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引用次数: 0

30 years of the European Research on Management and Business Economics: A bibliometric retrospective 欧洲管理与商业经济学研究30年：文献计量回顾

IF 6.4 3区管理学 Q1 BUSINESS

European Research on Management and Business Economics

Pub Date : 2025-09-01 DOI: 10.1016/j.iedeen.2025.100294

Pedro P. Rey-Ortiz , Miguel A. Crespo-Velando , José M. Merigó , Anna M. Gil-Lafuente

The European Research on Management and Business Economics is a well-established journal in the fields of management, business, and economics. Founded 30 years ago in Spain under the name Investigaciones Europeas de Dirección y Economía de la Empresa, the journal initially published in Spanish. Since 2015, it shifted to English-language publications and has experienced a significant increase in visibility, citation impact, and international reach. This study presents a comprehensive bibliometric analysis of the publications of the journal from 1995 to 2024, using data from the Scopus and Web of Science databases. The analysis is complemented by the use of VOSviewer and Bibliometrix software to map research trends, co-citation networks, and keyword patterns. Findings indicate that the journal is currently undergoing a phase of international growth and consolidation. The most productive and influential research topics include entrepreneurship, corporate social responsibility, strategic management, tourism, and customer behaviour. Moreover, the results also highlight the increasing importance of contributions from Asian and Latin American countries.

《欧洲管理和商业经济研究》是一本在管理、商业和经济领域建立良好的期刊。该杂志于30年前在西班牙创刊，最初以西班牙语出版，名为Investigaciones Europeas de Dirección y Economía de la Empresa。自2015年以来，它转向了英语出版物，并且在知名度，引用影响力和国际影响力方面都有了显着提高。本研究使用Scopus和Web of Science数据库的数据，对该期刊1995年至2024年的出版物进行了全面的文献计量分析。该分析还通过使用VOSviewer和Bibliometrix软件来绘制研究趋势、共被引网络和关键词模式。调查结果表明，该杂志目前正处于国际增长和巩固阶段。最具生产力和影响力的研究课题包括企业家精神、企业社会责任、战略管理、旅游和客户行为。此外，调查结果还突出表明，亚洲和拉丁美洲国家的贡献日益重要。

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引用次数: 0

eWOM and content marketing strategies: maximizing brand engagement among social media users in Spain edom与内容营销策略：最大化西班牙社交媒体用户的品牌参与度

IF 6.4 3区管理学 Q1 BUSINESS

European Research on Management and Business Economics

Pub Date : 2025-08-28 DOI: 10.1016/j.iedeen.2025.100293

Carlos Osorio-Andrade , Pericles asher Rospigliosi , Ana Jiménez Zarco

This study analyses how brands' content marketing strategies on social networks influence electronic word of mouth (eWOM), a major predictor of business success that reflects consumer engagement and shapes behaviours such as increased purchase intention, willingness to pay more, reduced perceived risk, and strengthened brand trust and loyalty. While prior research has focused on isolated aspects of digital communication, such as message format or content appeal, this work incorporates additional key elements—brand humanization, personalization, and conversational relationships—that are essential for fostering trust and engagement in today's audiovisual content on platforms like Instagram and TikTok.

Grounded in theories such as Service-Dominant Logic, brand personalization and humanization, Uses and Gratifications, trust transfer, Marketing Communications Theory, and Media Richness Theory, this research proposes a conceptual model based on the stimulus-organism-response (SOR) framework. The study analyses 250 Instagram posts and 250 TikTok posts from top-interaction consumer brands in Spain, measuring independent variables such as brand consistency, post position, message format, celebrity endorsement, content attractiveness, and interactivity, with eWOM operationalised as the volume of likes and comments. Control variables included posting day, emoji use, and post length, with content analysis applied for coding and negative binomial regression for hypothesis testing.

Findings reveal platform-specific patterns: while message format drives eWOM on TikTok, content attractiveness is more influential on Instagram. Celebrity endorsement is the only variable showing similar effects across platforms, increasing likes on both networks and comments on TikTok. This work addresses the gap in comparative analyses of content effectiveness between platforms with distinct social and technical dynamics, offering evidence-based insights for optimising brand communication strategies according to platform-specific audience interaction styles, message temporality, and visual engagement.

该研究分析了品牌在社交网络上的内容营销策略如何影响电子口碑（e口碑），e口碑是商业成功的主要预测因素，反映了消费者的参与和塑造行为，如增加购买意愿，愿意支付更多，降低感知风险，加强品牌信任和忠诚度。虽然之前的研究主要集中在数字通信的孤立方面，如消息格式或内容吸引力，但这项工作结合了其他关键因素——品牌人性化、个性化和对话关系——这些因素对于在Instagram和TikTok等平台上培养信任和参与今天的视听内容至关重要。本研究在服务主导逻辑、品牌个性化与人性化、使用与满足、信任转移、营销传播理论、媒体丰富度理论等理论基础上，提出了基于刺激-有机体-反应（SOR）框架的概念模型。该研究分析了西班牙顶级互动消费品牌的250个Instagram帖子和250个TikTok帖子，测量了品牌一致性、帖子位置、消息格式、名人代言、内容吸引力和交互性等独立变量，并将eom作为点赞和评论的数量进行操作。控制变量包括发布日期、表情符号使用情况和帖子长度，采用内容分析进行编码，负二项回归进行假设检验。研究结果揭示了平台特定的模式：虽然消息格式驱动TikTok上的eom，但内容吸引力对Instagram的影响更大。名人代言是唯一一个在不同平台上表现出类似效果的变量，无论是在网络上还是在TikTok上都增加了点赞。这项工作解决了具有不同社会和技术动态的平台之间内容有效性比较分析的差距，根据平台特定的受众互动风格、信息时间性和视觉参与，为优化品牌传播策略提供了基于证据的见解。

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引用次数: 0

Stakeholders as enablers of corporate entrepreneurship leading to triple bottom line performance 利益相关者是企业企业家精神的推动者，可以实现三重底线绩效

IF 6.4 3区管理学 Q1 BUSINESS

European Research on Management and Business Economics

Pub Date : 2025-08-03 DOI: 10.1016/j.iedeen.2025.100292

Mercedes Segarra-Ciprés, Ana B. Escrig-Tena, Georgiana-Alexandra Badoiu

Can corporate entrepreneurship (CE) benefit from insights gained from stakeholders? This study develops a novel framework to analyse how stakeholder relationships provide opportunities and resources for CE, with a particular focus on the role of employees as key stakeholders in driving entrepreneurial activities within organisations. It also examines the consequences of CE for creating value in terms of triple bottom line performance. Matched data on 358 employees working in 125 technology-based companies in Spain were analysed to examine the proposed relationships. Structural equation models were estimated using EQS software. The research concludes that close relationships with stakeholders and employees’ proactive and risk-taking behaviour lead to high levels of CE. Employees’ innovative behaviour contributes to CE when coupled with a shared vision. Moreover, CE creates shared value by contributing positively to economic, environmental and social performance. Through this approach, we not only shed light on the drivers of CE, but also underline its transformative potential in promoting sustainable growth.

企业企业家精神（CE）能否从利益相关者的见解中获益？本研究开发了一个新的框架来分析利益相关者关系如何为CE提供机会和资源，特别关注员工作为推动组织内创业活动的关键利益相关者的作用。它还检查了CE在三重底线绩效方面创造价值的后果。研究人员分析了西班牙125家科技公司的358名员工的匹配数据，以检验所提出的关系。采用EQS软件对结构方程模型进行估计。研究得出的结论是，与利益相关者的密切关系以及员工的积极主动和冒险行为导致了高水平的CE。员工的创新行为与共同的愿景相结合，有助于实现环境绩效。此外，我们通过积极促进经济、环境和社会绩效，创造共享价值。通过这种方法，我们不仅揭示了电子政务的驱动因素，而且强调了它在促进可持续增长方面的变革潜力。

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引用次数: 0

Roles of service innovation and dynamic internal resources on the organizational innovativeness-competitiveness relationship in Indian IT sector—A moderated mediation model 服务创新和动态内部资源在印度IT行业组织创新-竞争力关系中的作用——一个有调节的中介模型

IF 6.4 3区管理学 Q1 BUSINESS

European Research on Management and Business Economics

Pub Date : 2025-07-31 DOI: 10.1016/j.iedeen.2025.100290

Mumin Dayan , Zafar Husain , Betul Dayan , Anthony Di Benedetto

This study develops a moderated mediation model to investigate the relationship between organizational innovativeness and organizational competitiveness, with service innovation as a mediating variable. It further explores the moderating effects of organizational support and organizational flexibility on this relationship. A quantitative, cross-sectional survey was conducted among 1350 IT solution providers operating within Software Export Zones in India. Data were collected from 110 firms, targeting project managers, senior project managers, general managers, and vice presidents responsible for project oversight. A pretested, self-administered questionnaire was used for data collection. Structural equation modeling was employed to validate the measurement model and to test the hypothesized relationships. The findings demonstrate that service innovation plays a key mediating role between organizational innovativeness and competitiveness. Moreover, both organizational support and flexibility significantly moderate this relationship. The results underscore the importance of dynamic organizational capabilities in enhancing service innovation and sustaining competitive advantage in the IT services sector.

本研究以服务创新为中介变量，构建有调节的中介模型，探讨组织创新与组织竞争力的关系。进一步探讨了组织支持和组织灵活性对这一关系的调节作用。我们在印度软件出口区内的1350家IT解决方案供应商中进行了一项定量的横断面调查。数据收集自110家公司，目标是项目经理、高级项目经理、总经理和负责项目监督的副总裁。数据收集采用预先测试、自我管理的问卷。采用结构方程模型对测量模型进行验证，并对假设关系进行检验。研究结果表明，服务创新在组织创新与竞争力之间起着重要的中介作用。此外，组织支持和灵活性都显著调节了这一关系。研究结果强调了动态组织能力在促进服务创新和保持IT服务业竞争优势方面的重要性。

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引用次数: 0

AI and ML patent intensity and firm performance: A machine learning-based lagged analysis 人工智能和机器学习专利强度与企业绩效：基于机器学习的滞后分析

IF 6.4 3区管理学 Q1 BUSINESS

European Research on Management and Business Economics

Pub Date : 2025-07-31 DOI: 10.1016/j.iedeen.2025.100291

Melih Sefa Yavuz , Hilal Çalik

This study investigates the long-term impact of artificial intelligence (AI) and machine learning (ML) patent intensity on firms’ performance, focusing on innovation-driven competitive advantage. Using a panel of 20 technology-intensive firms from 2013 to 2023, this study employs eXtreme gradient boosting (XGBoost) and random forest algorithms to capture nonlinear relationships between AI and ML patent intensity and key financial indicators, including return on assets (ROA), operating margin, and net profit margin. The results indicate that AI and ML patents significantly enhance ROA and operating margins, particularly with a five-year lag, highlighting the delayed but positive influence of such innovations. However, the effect on net profit margin remains limited. These findings underscore the strategic value of AI and ML innovation in driving sustainable firm performance while also emphasizing the importance of long-term planning and complementary investments for maximizing financial returns.

本研究探讨了人工智能（AI）和机器学习（ML）专利强度对企业绩效的长期影响，重点关注创新驱动的竞争优势。本研究以2013年至2023年的20家技术密集型公司为样本，采用极端梯度增强（XGBoost）和随机森林算法来捕捉人工智能和机器学习专利强度与关键财务指标（包括资产回报率（ROA）、营业利润率和净利润率）之间的非线性关系。结果表明，人工智能和机器学习专利显著提高了ROA和营业利润率，特别是在五年的滞后期，突出了此类创新的延迟但积极的影响。然而，对净利润率的影响仍然有限。这些发现强调了人工智能和机器学习创新在推动可持续公司绩效方面的战略价值，同时也强调了长期规划和补充性投资对于最大化财务回报的重要性。

引用次数: 0

Perceptions of formal and informal financing sources as a predictor of female university students’ entrepreneurial intentions 对正规和非正规融资来源的认知对女大学生创业意向的预测作用

IF 6.4 3区管理学 Q1 BUSINESS

European Research on Management and Business Economics

Pub Date : 2025-07-30 DOI: 10.1016/j.iedeen.2025.100289

Alejandro Campos-Sánchez , Citlalli Rocío Flores-Rodríguez , Gloria Yaneth Zápari-Romero

This research aims to demonstrate how the female university students’ perceptions of the two main categories of financing—formal and informal—can influence their entrepreneurial intentions. Analyzing data collected through a custom-designed instrument grounded in existing literature via a structural equation modeling (SEM) approach, the study draws on a sample of 473 female university students from a public university in Mexico. The findings reveal that perceptions of the importance, accessibility, and convenience of formal financing sources—such as bank loans, government credit programs, and other institutional financial services—exert a stronger influence on entrepreneurial intentions than perceptions of informal financing sources—such as loans from family or friends, non-institutional angel investors, and informal lenders such as loan sharks.

本研究旨在证明女大学生对正式和非正式两种主要融资类别的认知如何影响其创业意图。通过结构方程建模（SEM）方法，通过一个基于现有文献的定制设计仪器收集的数据进行分析，该研究从墨西哥一所公立大学抽取了473名女大学生样本。研究结果表明，对正式融资来源（如银行贷款、政府信贷计划和其他机构金融服务）的重要性、可及性和便利性的认知，比对非正式融资来源（如来自家人或朋友的贷款、非机构天使投资人和高利贷等非正式贷款人）的认知，对创业意向的影响更大。

引用次数: 0

The impact of capital structure on product responsibility and corporate reputation: Evidence from non-financial institutions listed on the London stock exchange 资本结构对产品责任和企业声誉的影响：来自伦敦证券交易所上市非金融机构的证据

IF 7.1 3区管理学 Q1 BUSINESS

European Research on Management and Business Economics

Pub Date : 2025-07-24 DOI: 10.1016/j.iedeen.2025.100287

Leviticus Mensah , Richard Arhinful , Hayford Asare Obeng , Bright Akwasi Gyamfi

Companies that prioritize product responsibility often develop stronger brand identities and foster greater consumer loyalty. However, these outcomes are influenced by the firm's capital structure. This study applies the trade-off theory to examine how capital structure affects product responsibility and corporate reputation. Using purposive sampling, the study analyzed 22 years of data (2002–2023) from 163 non-financial firms listed on the London Stock Exchange, sourced from Thomson Reuters Eikon DataStream. The analysis employed the Common Correlated Effects Mean Group (CCEMG) and two-step Generalized Method of Moments (GMM) estimation techniques. Findings reveal a significant negative relationship between the debt-to-equity ratio and both product responsibility and corporate reputation. Additionally, the interaction between governance and the debt-to-equity ratio negatively influences product responsibility but positively affects corporate reputation. To enhance product responsibility, companies should adopt sustainable practices, such as implementing environmentally friendly technologies and promoting supply chain transparency. Management may also consider increasing equity financing—through retained earnings or new share issuance—to improve financial stability and stakeholder confidence, thereby strengthening market perception and corporate reputation.

优先考虑产品责任的公司通常会发展出更强的品牌形象，并培养出更高的消费者忠诚度。然而，这些结果受到公司资本结构的影响。本研究运用权衡理论检视资本结构如何影响产品责任与企业声誉。采用有目的的抽样，该研究分析了伦敦证券交易所上市的163家非金融公司22年（2002年至2023年）的数据，这些数据来自汤森路透Eikon DataStream。分析采用了共同相关效应均值组（CCEMG）和两步广义矩量法（GMM）估计技术。研究结果显示，负债权益比与产品责任和企业声誉之间存在显著的负相关关系。此外，治理与负债权益比的交互作用对产品责任产生负向影响，而对企业声誉产生正向影响。为了加强产品责任，公司应该采用可持续的做法，例如实施环境友好型技术和提高供应链透明度。管理层也可以考虑增加股权融资——通过留存收益或新股发行——以提高财务稳定性和利益相关者的信心，从而加强市场认知和公司声誉。

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引用次数: 0

Leveraging xAI for enhanced surrender risk management in life insurance products 利用xAI加强人寿保险产品的退保风险管理

IF 7.1 3区管理学 Q1 BUSINESS

European Research on Management and Business Economics

Pub Date : 2025-07-22 DOI: 10.1016/j.iedeen.2025.100286

Lluís Bermúdez , David Anaya , Jaume Belles-Sampera

Explainable Artificial Intelligence (xAI) plays a crucial role in enhancing our understanding of decision-making processes within black-box Machine Learning models. Our objective is to introduce various xAI methodologies, providing risk managers with accessible approaches to model interpretation. To exemplify this, we present a case study focused on mitigating surrender risk in insurance savings products. We begin by using real data from universal life policies to build logistic regression and tree-based models. Using a range of xAI techniques, we gain valuable insight into the inner workings of tree-based models. We then propose a novel supervised clustering approach that integrates Shapley values with a Kohonen neural network (KNN). The process involves three main steps: computing Shapley values from a supervised tree-based model; clustering individuals into homogeneous profiles using an unsupervised KNN; and interpreting these profiles with a supervised decision tree model. Finally, we present several key findings derived from the application of xAI techniques, which have the potential to enhance surrender risk management practices.

可解释人工智能（xAI）在增强我们对黑箱机器学习模型中的决策过程的理解方面起着至关重要的作用。我们的目标是介绍各种xAI方法，为风险管理人员提供可访问的模型解释方法。为了说明这一点，我们提出了一个案例研究，重点是减轻保险储蓄产品的退保风险。我们首先使用来自通用寿险保单的真实数据来构建逻辑回归和基于树的模型。使用一系列xAI技术，我们获得了对基于树的模型的内部工作原理的宝贵见解。然后，我们提出了一种新的监督聚类方法，该方法将Shapley值与Kohonen神经网络（KNN）相结合。该过程包括三个主要步骤：从基于监督树的模型中计算Shapley值；使用无监督的KNN将个体聚类成均匀的轮廓；并用监督决策树模型解释这些概要。最后，我们提出了从xAI技术应用中得出的几个关键发现，这些发现有可能增强投降风险管理实践。

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引用次数: 0

Ex-military strategic leaders and corporate social performance: effects and boundaries 退役军人战略领导人与企业社会绩效：影响与边界

IF 7.1 3区管理学 Q1 BUSINESS

European Research on Management and Business Economics

Pub Date : 2025-07-17 DOI: 10.1016/j.iedeen.2025.100288

Ge Ren , Ping Zeng , Xi Zhong

Exmilitary strategic leaders, by whether and when they affect corporate social performance (CSP), have not been systematically explored to date. On the basis of imprinting theory, upper echelons theory, and empirical data from Chinese listed firms from 2011 to 2020, we obtain the following findings: (1) Exmilitary strategic leaders have a positive effect on firms’ CSP. (2) From the perspective of managerial discretion, industry discretion (e.g., industry turbulence) and institutional discretion (e.g., regional marketization) enhance the positive effect of ex-military strategic leaders on firms’ CSP. (3) From the perspective of firm characteristics, the positive effect of ex-military strategic leaders on firms’ CSP is more pronounced in state-owned and heavily polluting firms. (4) Social responsibility attention is a potential mechanism for ex-military strategic leaders and CSP. We contribute to the literature on strategic leaders and CSP by validating the influence of ex-military strategic leaders on firms’ CSP.

退伍军人战略领导者是否以及何时影响企业社会绩效（CSP），迄今尚未得到系统的探讨。基于印迹理论、上层梯队理论和2011 - 2020年中国上市公司的实证数据，研究发现：(1)退役战略领导者对企业CSP有正向影响；(2)从管理自由裁量权的角度来看，行业自由裁量权（如行业动荡）和制度自由裁量权（如区域市场化）增强了退役军事战略领导人对企业CSP的正向影响。(3)从企业特征来看，退役军人战略领导人对国有企业和重污染企业CSP的正向影响更为显著。(4)社会责任关注是退役军事战略领导人与CSP的潜在机制。我们通过验证前军事战略领导者对企业CSP的影响，为战略领导者和CSP的文献做出贡献。

引用次数: 0