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Purpose: This paper aims to look at the implementation of project-funded research governance and its potential to induce organisational learning on responsible research and innovation (RRI). This paper analysed what types of organisational learning and change can take place within organisations of an Europe-funded project and to what extent. This paper examined whether and how change occurs and how it is shaped and co-produced with other orderings. Design/methodology/approach: The paper is based on materials and evidence collected while working on the internal evaluation of a Horizon 2020-funded project. Analysis of the results of the mixed methods evaluation design was used to characterise occurrences of organisational learning and change. Findings: The authors identified different forms of learning (single-loop learning, double-loop learning, reflexive and reflective learning and situational learning). The extent of learning that could lead to long-lasting organisational change was limited. This was due to the project-based and organisational design, the key-based definition of RRI and the indeterminacy of what constitutes learning and change – both at the level of funding and performing the project. For organisational change to occur, the authors argue for governance mechanisms based on reflexive learning that consider a range of structural conditions and measures. Originality/value: Organisational learning plays an important role in change processes, which has so far been given too little consideration concerning the governance and implementation of RRI through project-based funding. The authors argue for a restructuring of governance and funding mechanisms to create more space for reflexivity and learning. [ABSTRACT FROM AUTHOR]

Purpose: This study examines green absorptive capacity as an important intervening variable that elucidates the relationship between green supply chain management (GSCM) practices (specifically, green purchasing, customer cooperation and investment recovery) and firm performance. Design/methodology/approach: Drawing from the theoretical underpinnings of the natural-resource-based view theory and information processing theory, a research model is developed and tested using data obtained from 368 manufacturing firms in Ghana. Data analysis was conducted using structural equation modeling. Findings: The results indicate that green purchasing, customer cooperation and investment recovery have a direct positive and significant effect on firm performance. Additionally, green purchasing and customer cooperation have a positive and significant effect on green absorptive capacity but investment recovery does not. Further, the results show that the paths from green purchasing and customer cooperation to firm performance are positively mediated by green absorptive capacity. Practical implications: The study reveals to supply chain managers that green absorptive capacity is an important conduit through which firms can achieve enhanced firm performance from GSCM initiatives. Originality/value: This study makes a contribution by integrating the absorptive capacity literature and green management literature and establishes green absorptive capacity as a mechanism through which GSCM practices enhance firm performance. [ABSTRACT FROM AUTHOR]

Firms utilising emerging media technologies need explorative innovation activities to keep up with market- and technology-driven dynamics. We develop and empirically test a PLS-SEM structural equation model that explains explorative innovation orientation (EIO) and its networking-based antecedents, based on a survey of 132 German XR firms. Absorptive capacity, organisational learning and the extent of networking ties to a) suppliers and buyers and b) competitors and marketing firms have a significant, positive influence on EIO. Networking with c) firms in the same digital business ecosystem (DBE) has a negative influence on EIO, which may limit EIO in highly fragmented technology markets. We also examine interaction effects of local and cross-cluster networking, thus developing our understanding of antecedent networking and the effects of its spatial nature on EIO. [ABSTRACT FROM AUTHOR]

This paper analyses the participation of Peruvian companies in public programmes for innovation support promoted by the Peruvian government from 2012 to 2014. Specifically, it examines the characteristics of firms that are informed about these programmes and, more importantly, the motives leading them to apply for this support. Using data from the 2015 National Survey of Peruvian Innovation in manufacturing firms, we find that knowledge about programmes is positively influenced by variables related to the percentage of qualified employees, R&D intensity, and their links with other agents. Firms with higher R&D intensity, are also more likely to apply for public support, together with firms perceiving the lack of external funds as an important innovation obstacle, while variables such as the perception of high cost of innovation and the utilized installed capacity, reduce the likelihood of application. These findings partially coincide with the previous empirical literature. Finally, the association between R&D intensity and public support is examined. Results show that total public support is associated with higher R&D intensity of supported firms, while in the case of only-funded programmes, non significant effects were found. [ABSTRACT FROM AUTHOR]

Purpose: This study aims to examine the relationship between audit committee (AC) effectiveness and firm performance (FP) with the moderation of knowledge intensity while observing the varying effect of each AC characteristic's influence on its effectiveness. Design/methodology/approach: This study examines 133 companies covering five years from 2016 to 2020 using the partial least squares-structural equation model and weighing AC effectiveness-related characteristics through multiple regression between AC characteristics and the AC effectiveness construct. Findings: The results indicate that the knowledge intensity of the firms negatively influences the relationship between their AC effectiveness and FP, implying that the ACs are not sophisticated enough to monitor the knowledge component of the firm's assets. Among AC characteristics, six attributes have a significant positive impact, two have a negative impact and three have no significant influence on AC effectiveness while influencing FP. Research limitations/implications: Apart from guiding the regulators, managers and other stakeholders to choose an appropriate mix of AC characteristics for enhancing FP, the study contributes to the existing literature by providing evidence that ACs are ineffective in monitoring the knowledge assets of the company compared to physical assets. Originality/value: This study is pioneering in investigating the moderation role of knowledge intensity on the relationship between AC effectiveness and FP. While providing a comprehensive and holistic view of AC effectiveness by considering 11 AC characteristics' individual as well as aggregate effects on FP, it removes the obsolescence of earlier research in the Indian context owing to the latest regulatory reforms. [ABSTRACT FROM AUTHOR]

Competitive advantage of an enterprise stems from its unique value. The purpose of this study is to explore firms on how to utilize ambidextrous networks and dynamic absorption capacity to meet customer needs and create maximum value for the enterprise. This study uses a structural equation model to examine 597 high-tech enterprises in China, these results indicate that ambidextrous networks positively affect value creation. Furthermore, dynamic absorptive capacity and exploratory innovation mediate the relationship between ambidextrous networks and value creation; and resource bricolage interferes with dynamic absorptive capacity and exploratory innovation. The research value of this study provides suggestions for high-tech enterprises facing fierce competition: fully utilizing ambidextrous network resources and piecing together existing idle resources, thereby expanding their use, resolving the contradiction between exploration and innovation, and expanding the network, dynamic absorptive capacity, and value-created theories. [ABSTRACT FROM AUTHOR]

Nowadays, using social media has expanded in societies and organizations. So the question arises: What are the effects of social media on organizations? It seems the varied effects of social media on organizations altogether form a complex, dynamic system. This study examines this issue with system dynamics to model the dynamic complexity. The concept absorptive capacity is used as a mediator to apply the social media effects on the system. Absorptive capacity means the organization's ability to recognize valuable external information, assimilate, and utilize it in the organization, explaining the difference in the performance of organizations. After modeling, using the data obtained from a company active in the Iranian food industry, the relationships between the model variables are defined. To generalize the model, its variables are normalized so that the results can be applicable for different organizations. To improve the current situation, four policies are proposed and exerted to the model. The results demonstrate that proactively managing social media, compared to increasing the investment share of social media, has a more considerable effect on the organization's financial performance and market share. [ABSTRACT FROM AUTHOR]

Integrating Hobfoll's (1989) conservation of resources theory with Berry's (1997) acculturation taxonomies, we develop a typological theory to explain the acculturation stress and adaptation processes of domestic employees in the context of globalization. From a resource-based perspective, we first identify four resources—social dominance, ethnocentric orientation, social capital, and absorptive capacity—that represent Hobfoll's four kinds of resources (i.e., object, personal, condition, and energy) and differentiate them in terms of their goal (i.e., maintaining the original culture or seeking intercultural interactions) and orientation (i.e., individual or social). We postulate that domestic employees' loss and gain of these resources set boundary conditions for acculturation stress in response to the influence of globalization. Then, drawing on Berry's taxonomies, we configure different combinations of the loss and gain of these resources to form individual and collective ideal types of resources that set boundary conditions for the influence of acculturation stress on adaptation approaches (i.e., integration, assimilation, separation, and marginalization) at the individual level and the influence of globalization on adaptation cultures (i.e., multiculturalism, melting pot, segregation, and exclusion) at the organizational level. Finally, we propose that adaptation cultures exert influences on domestic employees' normative freedom of choice of adaptation approaches. [ABSTRACT FROM AUTHOR]

The impact of foreign-direct-investment (FDI) on economic-growth has been studied extensively. The results are, however, inconclusive due to the use of inappropriate methodology and/or the disregard of the absorptive capacity of the receiving country, which is particularly affected by the existence of FDI. Starting from an analytical growth-accounting framework to deduce the estimated specifications, an econometric analysis with panel data was conducted for 27 European Union countries over the period 2000–2019 to highlight the importance of FDI in improving factor efficiency and hence economic growth. The results also highlight the relevance of openness to international trade, imports of machinery and transport equipment, and domestic investment in R&D as facilitators of the process of technology absorption and knowledge diffusion from FDI. [ABSTRACT FROM AUTHOR]

This paper investigates the determinants of eXtensible Business Reporting Language (XBRL) adoption using the Technology-Organizational-Environment framework. This framework explains how the process of adopting and implementing XBRL is influenced by the technological context (country's firm-level technology absorption and technological capacity), organizational context (education) and environmental context (level of economic development; degree of external economic openness; investor protection; accounting system and the burden of government regulation). Using a sample of 78 countries during the period 2009–2017, we find that countries with high levels of technology absorption, higher levels of economic development and strong investor protection are more likely to adopt XBRL. [ABSTRACT FROM AUTHOR]

Research background: Despite the increased interest in business model innovation (BMI) in the last 20 years, the current research landscape still lacks empirical efforts aimed at investigating the underexplored link between BMI and innovation performance. This is doubly true in specific contexts like Central European countries, whereas innovation systems are weaker than in Western ones, and firms strongly depend on internal R&D activities and absorptive capacity and technology upgrades via cooperation with other countries. Purpose of the article: This study draws on the BMI theory with the aim of analyzing the effects of each individual BMI element on firms’ performance in terms of creation of radical innovations vs incremental ones. Methods: The data used are from the Community Innovation Survey (CIS) 2018 — the latest micro data available to date — focusing on 16,364 firms in Central Europe, namely 5,749 Czech, 7,377 Hungarian, and 3,238 Slovakian firms. As the explained (dependent) variables are dichotomous (binary: 1 indicates the answer is yes, 0 indicates the answer is no) for all estimated models, a binary logistic regression is used in order to focus on the individual elements representing BMI and analyse their separated effects on firms’ creation of radical and incremental innovations in Central Europe. Individual BMI elements are: BMI methods, logistics, communication, accounting, external relations, human resource management, and marketing. Moreover, we check for control variables such as tax credits and allowances of R&D, public funding of innovation, cooperation with other organizations on R&D or other activities, in-house R&D activities and contracted out ones, lack of finance, lack of skilled employees and internal financial resources, and size. Findings & value added: For radical innovators, practices for organising procedures and external relations are important. For incremental innovators, methods of organising work responsibility, decision making, and human resource management are significant. Surprisingly, regardless of the innovation radicality, several BMI elements are significant. This study suggests that managers should enhance strategic collaborations with external partners out of Central Europe, exploit their absorptive capacity, and increase the knowledge and experience of their employees, whilst policymakers should keep on providing tax credits and allowances for innovation activities, maintaining a supportive infrastructure and reducing administrative burdens. [ABSTRACT FROM AUTHOR]

The study's purpose is to examine the effect of experiential learning on business performance through the mediating role of entrepreneurial competencies. Quantitative research was conducted with 123 entrepreneurs in the business development phase, who were part of a business school's experiential entrepreneurial program in South Africa. Multiple hierarchical regression analysis revealed that experiential learning led to mastery of entrepreneurial competencies that benefited business performance. Specific competencies played a role as mediators, such as opportunity recognition and market analysis. The findings also suggest that environmental factors such as access to finance shape the mediating role of entrepreneurial competencies on experiential learning and business performance. The study contributes to the entrepreneurship field by looking at experiential learning beyond entrepreneurial intentions to action. In addition, the study demonstrates that experiential learning and its outcomes are influenced by the stage of the business and intended learning outcomes. Therefore, researchers and practitioners should consider entrepreneurial competencies from a multi-dimensional perspective. [ABSTRACT FROM AUTHOR]

Project management and project portfolio management (PPM) foster competitiveness by facilitating the implementation of organizational strategy. Although organizations often struggle to develop PPM capabilities, the academic community does not have an in-depth understanding of the conditions for successfully developing these capabilities. In response, we conducted a multiple-case study with 50 interviewees to develop a theoretical model of the PPM capability-building process. This model is built on the notion of organizational sensemaking and identifies aspects that comprehensively explain why it usually takes so long to develop PPM capabilities. We conceptualize the PPM capability-building process as one that is strongly influenced by (1) the effects of structural rearrangements, (2) the appropriate use of external resources during that process, (3) the role of executive support and legitimization, (4) episodes of regression, and (5) the need for internalization and habitualization. In addition, we provide starting points for explaining organizational capability building in more general terms. [ABSTRACT FROM AUTHOR]

Project management, project portfolio management (PPM), and project-based organizations (PBOs) literature lacks in approaching the development of dynamic capabilities (DCs). However, creating a competitive advantage through DCs has been considered a valued mechanism. Hence, this study critically reviews the literature, looking for cross-fertilization that bridges the literature on DCs with project management, PPM, and PBOs, using a multilevel perspective to organize the coding book and explore the microfoundations of DCs. Merging content analysis and bibliometrics, we identify 99 DCs clustered into three levels: project management, PPM, and PBOs. It proposes a multilevel framework that classifies the core DCs per level of analysis. Keywords dynamic capabilities, project management, project-based organizations, project portfolio management, microfoundations [ABSTRACT FROM AUTHOR]

Purpose: This study aims to examine how the knowledge breadth and depth of a patent affect its likelihood of being pledged. It also seeks to explore whether these relationships change diversely in different technological environments. Design/methodology/approach: A complementary log-log model with random effects was conducted to test the hypotheses using a unique data set consisting of 348,927 invention patents granted by the China National Intellectual Property Administration from 1985 to 2015 belonging to 74,996 firms. Findings: The findings reveal that both knowledge breadth and depth of a patent positively affect its likelihood of being pledged. Furthermore, the knowledge breadth and depth entail different degrees of superiority in different technological environments. Research limitations/implications: This study focuses on the effect of an individual patent's knowledge base on its likelihood of being selected as collateral. It does not consider the influence of the overall knowledge characteristics of the selected patent portfolio. Practical implications: Managers need to pay attention to patents' knowledge characteristics and the changes in technological environments to select the most suitable patents as collateral and thus improve the success rate of pledge financing. Originality/value: This study explores the impact of multidimensional characteristics of knowledge base on patent pledge financing within a systematic theoretical framework and incorporates technological environments into this framework. [ABSTRACT FROM AUTHOR]

The benefits of vicarious learning are usually conceptualized in terms of a mechanism for learners to utilize the superior knowledge of others. Building on the fact that vicarious learning typically co-occurs and interacts with individual learning-by-doing, we propose an alternative mechanism—one in which vicarious learning is useful because it corrects for certain well-known limitations of individual learning-by-doing. Using computational agent-based models, we show that, under this mechanism, vicarious learning can be beneficial, even without any ex ante differential knowledge to exploit. Our analysis contributes to a deeper understanding of the microfoundations of vicarious learning, which is a vital component of organizational learning. We draw implications for empirical analysis and managerial practice. This paper was accepted by Lamar Pierce, organizations. Funding: Financial support from The Desmarais Fund at INSEAD is gratefully acknowledged. Supplemental Material: The data file and online appendix are available at https://doi.org/10.1287/mnsc.2023.4842. [ABSTRACT FROM AUTHOR]

Amid a massive influx of development assistance, considerable skepticism remains regarding the effectiveness of aid in promoting the development of conflict-affected states under post-conflict conditions. Although the importance of aid modalities and policies for allocating aid to improve aid effectiveness has been the subject of much discussion, there is still limited research on post-conflict countries. The current paper, accordingly, contributes to the aid-development literature by offering an assessment of the effectiveness of specific aid modalities in the context of post-conflict circumstances. We measure the effects of four key aid modalities—financial program aid, project aid, technical assistance, and food aid—on the economic growth of conflict-affected countries employing the system-GMM estimator and using the conflict database of the Uppsala Conflict Data Program and Organization for Economic Co-operation and Development's Development Assistance Committee aid database. We find that financial program aid, which generally supports national finance and state-led development programs, has a marginally significant positive effect when it is administered in post-conflict conditions, particularly for non-least developed and African countries. In contrast, other aid types—food aid and technical assistance show statistically insignificant or negative effects on the GDP per capita growth under post-conflict conditions. These heterogeneous effects of aid by type depending on a country's development status and region suggests that the allocation of aid to conflict-affected countries must be strategic, considering the conflict type, development policy, and absorptive capacity of the recipients to be effective. [ABSTRACT FROM AUTHOR]

Purpose: This study aims to analyze the relationship between the personal responsibility, the intrinsic knowledge of the norms and the knowledge of signs of money laundering of accountants. Design/methodology/approach: The research was developed with responses from 381 Brazilian accounting professionals through a survey, statistically analyzed using structural equations. Findings: The results indicate that personal responsibility directly affects the levels of intrinsic knowledge and knowledge about signs of money laundering; however, the different dimensions of knowledge were not related to each other. Practical implications: From these results, organizations can clarify the individual about their responsibility, optimizing the use of training and mitigating costs, with greater sustainability and security for the organization, employees and business partners. Social implications: The results contribute to the construction and modeling of latent constructs on money laundering knowledge, with validity, reliability and statistical significance. Originality/value: This research discusses and empirically explores the knowledge about money laundering of the accountants', one of the main explanatory factors of whistleblowing in business. [ABSTRACT FROM AUTHOR]

The study aims to answer how and what kind of the social integration mechanisms may influence the relationship between the two dimensions of absorptive capacity which is, potential absorptive capacity (PACAP) and realized absorptive capacity (RACAP). The social integration mechanism has been neglected from the discussion on how firm assimilate and transform external knowledge to advance their absorptive capacity. In doing so, we answer recent call for research about a more thorough systematic literature review of the absorptive capacity and social integration mechanisms and its definitions. We surveyed literatures published during the years 2010 to 2020 and only found 8 articles discussing moderating variable between PACAP and RACAP out of 277 articles on absorptive capacity. The aim of this systematic review is to evaluate what social integration mechanisms influence the relationship between PACAP and RACAP and how they help overcome barriers to knowledge sharing. The results showed social integration mechanism can be in terms of high commitment works system, knowledge ambiguity, organizational size, relational learning, and cultural balance. Therefore, more research underlines the importance of social integration mechanism should be encouraged. [ABSTRACT FROM AUTHOR]

Purpose: The purpose of this study is to identify the relationship between collaborative innovation and the financial performance of information technology (IT) firms through the mediating role of strategic agility and absorptive capacity. Customer knowledge management capability (CKMC) is also explored as a potential moderator. Design/methodology/approach: Data were collected from 300 respondents working in different small to medium IT enterprises operating in different cities around Portugal. The simple random sampling method was used for data collection, and Smart partial least squares-structural equation modeling (Smart PLS-SEM version 3.2.8) was used to test the hypotheses. Findings: The findings demonstrate that collaborative innovation contributes significantly to the financial performance of IT firms in Portugal. The results also indicate that absorptive capacity and strategic agility both positively and significantly affect the relationship between collaborative innovation and firms' financial performance. However, while the moderating role of CKMC has a positive and significant effect on the relation between collaborative innovation and strategic agility, CKMC insignificantly moderates the relation between collaborative innovation and absorptive capacity. Originality/value: Few studies have explicitly connected collaborative innovation with firms' financial performance; this study attempts to fill that gap. Moreover, this research investigates the mediating role of strategic agility and absorptive capacity in the relationship between collaborative innovation and financial performance. Finally, by discussing the moderating effect of CKMC, which leads to enhanced financial performance, this study proposes that when complex and unpredictable situations occur, managers should focus on customer-oriented strategies and innovation at the same time to outpace their competitors. [ABSTRACT FROM AUTHOR]

Purpose: Firms are driven to ride on the digital wave in today's open innovation ecosystem. This study aims to explore the effect of digital transformation (DT) on knowledge-intensive business services (KIBS) firms' innovation ambidexterity, namely, radical versus incremental innovation, respectively. Meanwhile, the authors evaluated the moderating role of the complexity of R&D collaboration portfolio (i.e. organizational diversity and geographic diversity) in the above relationships. Design/methodology/approach: Using a panel data set of 171 Chinese listed firms in the information and communications technology services industry from 2010 to 2018, the proposed hypotheses were empirically attested. Findings: It is found that DT has a positive relationship with radical innovation and an inverted U-shaped relationship with incremental innovation. In terms of the R&D collaboration portfolio, organizational diversity positively moderates the relationships between DT and innovation ambidexterity, respectively. The geographic diversity weakens the inverted U-shaped effect of DT on incremental innovation; however, its moderating role in the link between DT and radical innovation is not empirically verified. Originality/value: Extant scholars mainly addressed the interplay between KIBS firms and their manufacturing clients, while this study reveals the different consequences of DT on KIBS firms' innovation ambidexterity to highlight the role of KIBS firms is an independent and essential innovator in a knowledge-driven economy. Notably, the findings contribute to knowledge management (KM) and R&D literature by confirming the diversity of the R&D collaboration portfolio is a critical KM strategy for KIBS firms to develop and promote external knowledge resources. [ABSTRACT FROM AUTHOR]

In recent years, the theory of dynamic capabilities (DC) has become more sophisticated and has become a framework for sustainable growth through strategic innovation in companies. The "asset orchestration" function, a core concept of DC, connects various types of knowledge (assets) in an entrepreneurial manner and realizes the recombination, modification, and transformation of existing knowledge (assets) for the purpose of developing new businesses, new products, and so forth. However, the dynamic mechanism of such asset orchestration is largely unclarified in previous studies. This paper derives a dynamic theoretical model of asset orchestration and the components of DC necessary for companies to respond to the uncertainty of business environments and the speed of environmental change. Using the findings of the derived theoretical model, this paper analyzes in‐depth case studies of Taiwan Semiconductor Manufacturing Company, which is currently attracting worldwide attention as a core company in the semiconductor industry, to verify the validity of the theoretical model. [ABSTRACT FROM AUTHOR]

Purpose: Islamic banking has undergone significant adaption since its inception. This study aims to investigate why and how Islamic banks adapt their services, using participatory financing as evidence. Design/methodology/approach: A qualitative study is designed, using working capital financing and commodity operations financing in Pakistan as analytical units. The data for each analytical unit is analyzed using a qualitative content analysis, while the findings are synthesized using a cross-case synthesis method. Findings: Findings suggest that participatory financing has undergone extensive adaptation in the Islamic banking industry of Pakistan, in the wake of resolving constraints to participatory financing and increasing its viability. Consequently, participatory finance has emerged as an attractive and viable option in Pakistan. These findings suggest that unlike in the past, where Islamic banks used to buffer themselves from the environment and ignore the market demands, they have learned to respond effectively to the market demands and the challenges posed by the environment. Research limitations/implications: Findings suggest that the adaptation strategy is more effective than the migration strategy, because it enables the financial service systems to reduce the underlying risks by avoiding emergent threats and eradicating the inherent weaknesses. Originality/value: The extant literature provides a generalized view on the adaptation process that Islamic banks undergo to comply with their environment. However, it is limited in terms of conceptualizing the adaptations and innovations in their products and the underlying structural variations. The present study fills this gap. [ABSTRACT FROM AUTHOR]

Purpose: Technology is widely recognised to be revolutionising the accounting profession, allowing accountants to focus on professional skills and technical knowledge that deliver value for organisational success. Despite the known benefits, it is reported that accountants are not fully leveraging the potential value of certain technologies. To understand why, this study aims to draw on the technology adoption model (TAM) and investigates accounting professionals' perceptions towards technology, and how these may influence adoption at work. Design/methodology/approach: The study gathered online survey data from 585 accounting managers from organisations of varying sizes and in different sectors in Australia and parts of Southeast Asia. Qualitative data were thematically analysed, and quantitative data were analysed using both descriptive and multivariate techniques. Findings: The study highlighted the pivotal role of staff perceptions on the importance and ease of using technology on the uptake and successful usage. Findings emphasised important opportunities for organisations to educate accounting staff on the value of technology and optimise their confidence and skills through training and support initiatives, particularly smaller businesses. Marked differences in the orientation towards technology among Australian and Southeast Asian participants illuminate how national work culture and practice can influence technology adoption. Originality/value: The study makes a practical contribution by advancing the understanding of the relative importance and value of certain technologies in different regions and organisation types in the accounting profession. It extends the theoretical understanding of the role of TAM's core elements to the accounting context, exploring staff's notions of perceived usefulness and perceived ease of use from the manager's perspective. [ABSTRACT FROM AUTHOR]

This document is an editorial for a special issue of the journal "Innovation & Development" focused on the financing of innovation for development in the Global South. The editorial highlights the need to address the relationship between finance and innovation, particularly in underdeveloped countries. It discusses the role of public financial institutions, such as national development banks, and explores novel forms of financing for innovation, such as micro-finance and venture capital. The editorial also introduces six research papers included in the special issue that touch on various aspects of finance and innovation in the Global South. Overall, the editorial aims to inspire new research questions and studies in this field. [Extracted from the article]

The purpose of this article is twofold. The first is to determine if the unobserved factors of behavioral loss tolerance and capacity to take a risk exist empirically. The second is to illustrate how these constructs individually and jointly can be used to explain financial decision-maker investment behavior. Using panel data collected in the United States between October 2020 and March 2021 (n = 265), findings from this study show that a financial decision-maker's behavioral loss tolerance and risk capacity can be estimated and that these estimates can be used to build a risk profile that can then be used to describe subsequent investment behavior. When viewed from a descriptive framework perspective, those who exhibit more behavioral loss tolerance and greater risk capacity are more likely to hold a larger proportion of their portfolio in equities compared to other financial decision-makers. [ABSTRACT FROM AUTHOR]

This article explores the relationship between absorptive capacity (ACAP) and cultural diversity in the restaurant industry. The study conducted interviews with managers of small and medium-sized restaurants in Lisbon to investigate how cultural diversity in the workforce promotes innovation. The results indicate that cultural diversity is generally perceived as positive for innovation in restaurants, as it brings new ideas and knowledge from different cultures. However, cultural differences can also pose challenges, such as language barriers and conflicting dietary restrictions. The study suggests that cultural diversity plays a significant role in enhancing restaurants' absorptive capacity and innovation. [Extracted from the article]

This study develops and confirms a model that examines the relationship between Big Data Analytics Capabilities (BDAC), Blockchain Technology (BT), and Internationalization Process (IP). It also requires various efforts to explore how Dynamic Accounting Information System Capability (DAISC) mediates the interconnections between BDAC, BT, and IP. This study focuses on small and medium enterprises (SMEs) in Vietnam, which are widely recognized as crucial to the Vietnamese economy. The current research utilized the hypothetico-deductive method. The proposed model's hypothesized linkages were based on a comprehensive evaluation of relevant literature and investigations. The statistics database was created using a paper-and-pencil survey distributed to 612 accountants in SMEs in southern Vietnam utilizing the convenient and snowball sampling technique. A covariance-based structural equation modelling approach was used to assess the measurement and structural models in this research due to its ability to offer a strong foundation for analyzing intricate linkages within a research framework. The outcome confirmed the significant and positive relationships between BDAC, BT, and IP. Concurrently, these relationships were partially influenced by DAISC. The practitioners would greatly benefit from detailed insights on the findings, as they would provide guidance on how to identify and take advantage of the growth opportunities afforded by digital technology. Moreover, the observations could provide policymakers with new insights on necessary policy measures to support the application of digital technologies and encourage the implementation of a dynamic accounting information system, which could result in significant benefits in the future. [ABSTRACT FROM AUTHOR]

Purpose: Knowledge transfer is a crucial ingredient of employee innovation, yet affective work events may disrupt knowledge flow among employees. This study aims to investigate a previously overlooked, yet frequently occurring affective work experience, namely, that of being envied, and examine how perceptions of being envied may drive contrastive knowledge behaviors of sharing and hiding, which subsequently impact employee innovation. The study further examines how the zero-sum game beliefs of the envied individual may moderate these mechanisms. Design/methodology/approach: This study builds on territorial and belongingness theories to delineate the contrastive motivations for knowledge hiding and knowledge sharing. This study tests a moderated mediation model through a multisource survey design involving 225 employees. Findings: The results support the notion that perceptions of being envied are linked to both knowledge hiding and knowledge sharing; however, the indirect effect of being envied on innovation is observed only through knowledge sharing. The indirect positive link between perceptions of being envied and innovation via knowledge sharing is weakened when the envied employee holds high zero-sum game beliefs. Originality/value: This study advances knowledge scholarship by identifying and testing the organizationally relevant but largely overlooked antecedent of being envied at work. The results provide useful insights to practitioners on how sharing or hiding knowledge serves as a strategic asset in response to being envied at work and how this may in turn impact employee innovation. [ABSTRACT FROM AUTHOR]

Purpose: Drawing upon insights from knowledge-based theory and the learning perspective, this study aims to explore safeguarding strategies in open innovation. Geographic diversity and collaborative breadth can effectively protect proprietary innovations that limit knowledge leakage concerns. Design/methodology/approach: Using a cross-industry sample from the Taiwanese Technological Innovation Survey III, which covered 1,519 firms, the authors investigate the conditions under which partnership portfolios affect radical innovation. Findings: The findings suggest that the partnership portfolio has an inverted U-shaped influence on radical innovation and that this relationship is moderated by geographic diversity and collaborative breadth. This work identifies a balance in the tension between diverse partnership portfolios and knowledge leakage with regard to open innovation activities. Practical implications: This study provides senior managers with an indication of the relationships between partnership portfolios and innovative knowledge protection, identifying the geographic diversity and collaborative breadth that serve as safeguards to prevent leakages of a firm's innovative knowledge. Originality/value: This study makes an original contribution to the empirical exploration of innovation knowledge protection and provides new insights into the field of open innovation. The authors, thus, balance the tension between partnership portfolios and knowledge leakage. [ABSTRACT FROM AUTHOR]

This study adopts a temporal perspective to investigate how boundary spanners can increase the inflow of external knowledge by engaging with both external and internal parties. We add to prior work on knowledge transfer by shifting the focus from engagement levels to investigating engagement dynamics, especially the degree of switching between external and internal engagement across consecutive time periods. Drawing from a cognitive perspective, we argue that switching strongly between engagement types is associated with a segmented knowledge structure that enables quick and efficient categorical processing when knowledge can simply be "channeled" from source to recipient units. In contrast, weak or no switching is associated with a blended knowledge structure and more reflective processing, which is particularly helpful when knowledge transfer requires more translation and transformation. Correspondingly, we adopt a contingency perspective and theorize that the cognitive advantages associated with stronger versus weaker switching weigh differently, contingent on the stickiness of knowledge to be transferred and the nature of boundary-spanning activities that vary in importance over time. Fixed effects models of eight waves of original survey data reveal that, in line with our theorizing, the association between switching and knowledge transfer becomes increasingly negative (1) the more boundary spanners access knowledge that is transspecialist in nature, (2) the greater the organizational distance between source and recipient units, and (3) in later phases of the boundary-spanning process. Funding: This work was supported by the Swiss Competence Center for Energy Research–Competence Center for Research in Energy, Society and Transition (SCCER CREST) [Grant 1155000154]. The work was also financially supported by a seed grant from the Bits and Watts Initiative within the Precourt Institute for Energy at Stanford University. Supplemental Material: The online appendix is available at https://doi.org/10.1287/orsc.2023.1677. [ABSTRACT FROM AUTHOR]

While innovation has been widely attributed to a firm's absorptive capacity (AC), product and marketing studies have found that insight is central to a firm's creativity and innovation. Creativity and innovation studies have found that individuals often relate to external information through an analogical reasoning process and that this process develops insight into a firm's innovation. Although the AC concept has been associated with this insight, it however faces significant difficulties explaining its development. This is because AC has been defined by a social structure where myopic tendencies can preclude its individual members from assimilating new external experiences. As insight often requires an exposure to previously unconnected or unrelated experiences, this myopia can reduce a firm's ability to produce insight in its AC process. By drawing on an individual level analogical reasoning process, this study argues that a firm's coherence and uniqueness offer a social structure that not only leverages this individual level analogical reasoning process but also produces an assimilation that develops insight in the firm's AC process. In using a sample of US biotechnology firms, this study finds empirical support for these arguments to explain the development of insight in ways not possible with AC explanations. [ABSTRACT FROM AUTHOR]

Over the last few decades, neoliberal, managerial, reforms have dominated the university sector in a number of different countries. Calculative practices, including performance measures and indicators, have spread and targets, in terms of research outputs and increasing student numbers in order to generate "profit", have become the norm, despite the many voices seeing this as often clashing with the mission of universities to create knowledge and contribute to social development. The paper provides an overview of the changing focus on how universities have been managed over time and, at the same time, of the emergence and measurementof Public Value themes in the university sector. A future research agenda is proposed for those interested in the study of the university sector, together with possibleresearch questions to further this area. [ABSTRACT FROM AUTHOR]

This study investigated the effect of components of external financing on economic sustainability in Nigeria with a view to determine the effect and decide which options are most appropriate in the light of the fact that external financing is still relevant to augment a deficient capital base. The Autoregressive Distributed Lag (ARDL) model and Wald Test were employed on the data from 1999 Q1 to 2022 Q4. The bounds test revealed that there is a strong long run significant relationship between external financing and economic sustainability. Foreign direct investment, foreign portfolio investments and official development assistance are the sources that present feasible alternatives for Nigeria. Remittances and external loans have produced negative effects in the period under study. Thus, it is recommended that the impact of external financing on economic sustainability could be enhanced through improvements in the absorptive capacity of the economy and ensuring macroeconomic and socioeconomic stability. [ABSTRACT FROM AUTHOR]

This study explores how to achieve innovative behavior in Indonesian SMEs in the culinary and craft sectors. We conducted a literature review and collected data from 372 SME owners. Using SEM analysis, we found that a supportive climate positively impacts both potential and realized absorptive capacity, which in turn positively impacts innovative behavior. The study’s findings contribute to social exchange theory and have implications for SME sector organizations. Limitations include the data collection method, sample size and selection, research objective, cross-sectional design, and self-reported data. Future research could address these limitations and investigate other organizational factors that may influence innovative behavior in SMEs. [ABSTRACT FROM AUTHOR]

Compared with traditional place brand, place quality brand is an innovative practice that can promote high-quality development in modern manufacturing. There is, however, a lack of sufficient theoretical research on practical cases, which hampers the development of place quality brand. This study investigates how place quality brand can influence high-quality manufacturing development through an 'advanced standard system + quality certification pattern'. We employ a moderated mediation model that involves place quality brand, advanced standards, absorptive capacity, and four dimensions of high-quality manufacturing development (quality level, economic benefit, green development, and technology innovation). Partial least-squares structural equation modelling reveals that place quality brand has a significant effect on all four dimensions. Advanced standards partially mediate the relationship between place quality brand and high-quality manufacturing development. Absorptive capacity plays a moderating role between place quality brand and advanced standards; it also moderates the indirect effects of place quality brand on the four dimensions, with a stronger mediating relationship under high absorptive capacity. These findings improve our understanding of the relationship between place quality brand and high-quality manufacturing development and can inform government strategies. [ABSTRACT FROM AUTHOR]

Companies depend on the trust and confidence of the general public to thrive. The integrity of financial reporting practices plays a pivotal role in establishing and sustaining stakeholders' confidence. This trust serves as a foundational cornerstone in managerial decision-making processes and in facilitating the active participation of a diverse spectrum of stakeholders within organizational frameworks. Despite its reputation for ethical and transparent conduct, the field of accounting often grapples with a perception of mundanity, particularly among student populations. This study uses a structural equation modeling approach to assess the impact of students' perceptions of the accounting profession on their motivation in academic coursework, using a sample of 92 undergraduate students of accounting and taxation subjects. Additionally, it seeks to investigate how this motivation directly influences their perceptions of future career and how it operates indirectly through their active engagement in accounting and taxation courses. The research findings indicate that students' perceptions of the accounting profession have a direct and positive effect on the perceptions of future career of individuals enrolled in both accounting and taxation courses. This influence is further mediated by the levels of motivation and engagement observed in the academic domain. Moreover, the results highlight the direct and positive influence of students' motivation and engagement in their coursework on their perceptions of future career. [ABSTRACT FROM AUTHOR]

Purpose: To achieve digital transformation, organizations have continued to rely on integrating the capabilities of information technology (IT) to facilitate decision-making and developing their reconfiguration capability to enhance agile operations. The pressure imposed by digital transformation necessitates investigations on leveraging different IT capabilities to attain substantial organizational agility in an optimal configuration. This study aims to provide a new perspective on balancing IT structural capabilities and proposes a framework for evaluating their coalignment and complementary returns based on resource orchestration theory. Design/methodology/approach: A multi-method approach is used to evaluate the research model. This study tests hypotheses and explores the potential coalignment and complementary returns of balance in structural models and response surface analysis. Then, it analyzes the qualitative data and provides complementary findings to corroborate and confirm complex relationships. Findings: Balanced structural IT capabilities facilitate organizational agility but cooperate differently with internal (e.g. IT proactive stance) and external (e.g. environmental volatility) environmental factors. Balance between IT integration and reconfiguration must be maintained from several approaches during search/selection and configuration/deployment. Originality/value: This study theorizes and empirically investigates the interactive mechanisms of two IT capabilities in influencing organizational agility under different boundary conditions. It enriches the understanding of balancing capabilities for organizational agility in digital transformation. [ABSTRACT FROM AUTHOR]

Creativity in teams is spurred by members' access to diverse knowledge, often from interactions with external sources. However, not all teams that have the capabilities to acquire such external knowledge are equally creative. Integrating theories of absorptive capacity and creative synthesis in teams, we propose that teams' external knowledge acquisition capabilities in securing a wide variety of knowledge resources need to be complemented by internal knowledge integration capabilities that facilitate balanced/equal participation of all team members in the creative problem-solving process. In turn, this combination enables effective information elaboration processes underlying the generation of truly creative team outcomes. We test these ideas in two field studies. First, in a sample of 81 research and development teams in three organizations in science and technology fields, we find that teams' connections with a wide range of external parties—indicating their external knowledge acquisition capability—benefit their creativity, but only when the team's internal team member problem-solving network structure—an indicator of the team's knowledge integration capability—is less centralized (i.e., not controlled by one or few members). We further demonstrate that these effects are more salient when the team's task is more complex. Replicating these findings in a second sample of 57 project teams in an energy manufacturing and services firm, we show that these effects are mediated by the team's information elaboration processes. Theoretical and practical implications are discussed. Funding: This research was supported by grants received by C. Tang and her colleagues at UCAS, from the National Natural Science Foundation of China [Projects 71974178, 71932009], MOE Social Science Laboratory of Digital Economic Forecasts and Policy Simulation at UCAS, and the Fundamental Research Funds for the Central Universities [Project E2E40806X2]. Supplemental Material: The online appendix is available at https://doi.org/10.1287/orsc.2023.1661. [ABSTRACT FROM AUTHOR]

Purpose: The purpose of this study is to explore growth models based on "industry-based capabilities", "resources-based capabilities" and "institution-based capabilities" in the context of the determinants of micro, small and medium enterprises' (MSMEs) actors' intention to grow. Design/methodology/approach: This study involved 188 owners/managers of MSMEs. The analysis was conducted using partial least squares structural equation modelling. Moreover, the importance-performance map analysis package is used to complement the study findings. Findings: This study uses the framework of the resource-based view (entrepreneurial knowledge), industrial-based view (industrial linkage) and institutional-based view (government support and access to finance) as proxies of the tripod-based view framework. The findings show that entrepreneurial knowledge (skills, competencies and functional), government support, access to finance and industrial linkage (vertical and horizontal) significantly encourage MSMEs' owner/manager growth intention. Practical implications: Firstly, this study suggests that MSMEs actors focus on developing entrepreneurial knowledge to boost the skills, competencies and functionalities needed to improve their business capabilities, directly affecting their growth intention. Secondly, this study indicates that the growth intention of MSME players, besides increasing internal capacity, must also be supported by the external environment, such as financial institutions, government and industrial linkage. Originality/value: This study offers a tripod-based view as a framework for MSMEs' actors' intention to grow, where the constructs in the model used so far have not been explored comprehensively in the context of MSMEs. So, the built model brings more relevant factors to explain this topic from various perspectives. [ABSTRACT FROM AUTHOR]

We investigate the extent to which small and medium enterprises' (SMEs) external financing varies with the innovation profiles they reveal in terms of introduced and combined innovation typologies. Using Survey on the Access to Finance of Enterprises data, we address this research issue with respect to 11 European countries over the 2014–2019 period and overcome the context specificity of previous analyses. Results suggest that the innovative profile of SMEs is responsible for several nuances in both their demand for and supply of bank loans. Being an innovator increases SMEs' credit requests, but this demand increases also and above all with their involvement in specific innovation typologies and combinations. Having an innovative profile of nearly any type does not lead SMEs to refrain from demanding bank loans because of a fear of rejection, but a wide involvement in specific innovation types reduces the chance that their internal funds make them refrain from asking for credit. Innovative SMEs are significantly more likely to be credit-constrained than non-innovative ones, but the probability of not receiving bank loans increases only for firms that combine specific innovation typologies. An innovation status of SMEs makes banks more selective in their decision to completely fulfill a credit request, but the probability of this decision decreases only with respect to a few, multi-innovation profiles. The extent to which SMEs innovate in different domains, rather than the simple innovation intensity, appears to be a crucial dimension to consider in future research and in devising policies to attenuate financial constraints to innovation. [ABSTRACT FROM AUTHOR]

Purpose: In the era of digital transformation, organizational knowledge becomes even more important than before in building the competitive advantage of enterprises(Malerba et al., 2020; Santorno et al., 2018; Chen et al., 2023). Digital transformation forces companies to rethink knowledge resources to meet current requirements. Design/methodology/approach: The research methods consist of a comprehensive and systematic domestic and foreign literature review of organizational knowledge definitions, taxonomies, and metaphors in a digital transformation environment. Findings: The development of companies in a dynamic, competitive business environment with digital transformation is altering the way knowledge is perceived within organizations and requires a new approach to understanding knowledge assets and their formation. Research limitations/implications: The research should continue on the relationship between digital transformation and knowledge processes in the organization (acquisition, generation, storage, sharing, and transfer). Practical implications: The research results prove that an adequate understanding of organizational knowledge, its taxonomy, and the right choice of metaphors guide efforts on knowledge creation in organizations in a digital transformation environment. Originality/value: The research contributes to organizational knowledge management and sheds light on how knowledge metaphor analysis contributes to diagnosing situations and finding solutions that contribute to an organization’s potential. [ABSTRACT FROM AUTHOR]

Research background: SMEs' concern for the digital literacy of their workforce, their interest in increasing digital literacy among employees, and securing their digital platforms, have been major issues in their digital transformation process. To reduce those obstacles, the dynamic capabilities of SMEs included in the Resource-based View (RBV) might be an effective solution since they help companies be more competitive and proactive against the threats they face in the digitalization process. Purpose of the article: This research aims to investigate whether SMEs' dynamic capabilities positively contribute to their digital transformation process. Methods: In line with the proposed relationships, this paper analyzes SMEs from Czechia by running Ordinal Logistic Regression analyses. The research sample is created by stratified random sampling and purposive sampling methods. The research data is collected via telephone surveys. Findings & value added: This research does not find a positive relationship between the dynamic capabilities of SMEs and the digital transformation process. While the results related to digital literacy are negatively associated with digital transformation, no significant relationship exists between security actions and the digital transformation of SMEs. This paper extends the scope of RBV on the digital transformation of SMEs by analyzing various dynamic capabilities of SMEs that have not been included in a sole study. Moreover, the perceptions of SME executives are considered by this research to provide effective solutions for the problems they face in digital transformation. Having a joint venture agreement with well-experienced IT companies, having a network with partner firms, looking for funding opportunities in the EU, participating in some practical training, and providing internships for bachelor students might enable SMEs to hit their targets in digital transformation. [ABSTRACT FROM AUTHOR]

Purpose: This study aims to investigate the relationship between entrepreneurship and innovation efficiency (IE), as well as the moderating role of absorptive capacity. Design/methodology/approach: This study uses a sample of industrial enterprises from Chinese provinces from 2005 to 2016, and it tests the research questions using the method of stochastic frontier analysis. Findings: The results of this study indicate that entrepreneurship promotes IE, and that absorptive capacity plays a positive moderating role. In addition, the effect of entrepreneurship on IE differs between the central and eastern regions and the western region. Originality/value: This research provides direct policy implications by demonstrating the role of entrepreneurship and absorptive capacity in IE, thereby guiding corporate management practices and the formulation of government innovation and entrepreneurship policies. [ABSTRACT FROM AUTHOR]

SYNOPSIS: We provide evidence that enterprise resource planning (ERP) systems are potentially beneficial to firm decision-making but can also have unintended effects. The tax function is one of the largest consumers of data within a firm, with over 50 percent of time spent gathering tax data and less than 30 percent of time spent on strategic data analysis (PricewaterhouseCoopers (PwC) 2015). Difficulties in getting high-quality, timely tax information could negatively impact a firm's tax compliance activities and leave few resources for tax planning. Following the absorptive capacity theory, we predict and find that ERP systems are associated with a greater degree of tax planning post-adoption, resulting in lower tax burdens. However, we also note increased firm discretion in tax planning, resulting in a larger amount of aggressive tax positions. Practically, our findings have important implications for the use of ERP systems both within the tax function and across other decision-making areas. JEL Classifications: O33; H26; D83. [ABSTRACT FROM AUTHOR]