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In this paper, we analyze the extent to which low-income countries integrate into the global knowledge production network. We develop an (undirected) research collaboration model based on which we identify the drivers of global research collaboration using publication data of the field Business and Economics from the Web of Science and macroeconomic data from the United Nations Educational, Scientific and Cultural Organization Institute for Statistics. Network and dynamic panel regression techniques are employed. Our results show that (i) reciprocal preferential attachment and the homophily between countries reinforce scientific collaboration, (ii) there is no evidence that low-income countries are becoming better integrated into the global knowledge production over the years, despite their active participation in international reserach collaboration, while (iii) high-income countries show a basic willingness to cooperate with them, which, in turn, promotes the integration of low-income countries, although this willingness seems to decline; and (iv) as to low-income countries, they have little choice but to invest more in education and R&D in order to advance in the global knowledge production network. [ABSTRACT FROM AUTHOR]

Providing quality service is the major concern of many public organizations. However, the way to provide immediate service (responsiveness), the capacity to deliver on promises of accurate and consistent service (reliability), the degree of trust and confidence of students in the service provided by the college (assurance), the physical appearances of the service that the college offers (tangibility) and understanding the needs of students in the college are not as such potential. Thus, the study aims to investigate the effect of a quality service system on student satisfaction in Business and Economics College, University of Gondar. An explanatory research design with a quantitative research approach was employed to address the specified objectives. The population of the study was 6323 and out of these, 376 samples were drawn through stratified random sampling technique. Of 376 self-administer questionnaires, 263 were valuable for this analysis. One of the objectives of the study was to understand the dominant service quality dimension. The finding of the mean score of SERVQUAL dimensions portrays that students are less satisfied with dimension responsiveness (M = 2.31), which implies that the way students get an immediate response for their need showed very low followed by dimension empathy (M = 2.63) i.e., the willingness of staff to support or help students, spontaneous care and concern of staff to student's needs, is lower, whereas with tangibles, assurance, and reliability are better. The PLS-SEM analysis result confirmed that tangibility and assurance has a significant effect but other service quality dimensions are not. [ABSTRACT FROM AUTHOR]

Volume 41 of the journal Contemporary Economic Policy, published in 2023, contained 37 articles on various topics in economics. The journal received 196 manuscripts for review, with an acceptance rate of 13%. The refereeing process helped improve the quality of accepted manuscripts, but finding willing referees was a challenge. The journal had a low response rate from referees, impacting turnaround time. The average time to first decision was 69 days. The journal's impact factor increased to 1.7, and an Outstanding Review Service Award was introduced to recognize exceptional referees. Starting with Volume 42, the journal will be published online-only to reduce environmental impact, and its social media presence has been expanded. [Extracted from the article]

The field of entrepreneurship has seen remarkable growth, increasing the expectations of academic audiences. Articles need to balance novelty with rigorous methodology, theoretical contributions, social implications, and coherent argumentation to succeed in the publication process. However, navigating these varied and sometimes conflicting expectations to achieve optimal distinctiveness in academic narratives is challenging for authors. To explore how authors can achieve optimal distinctiveness amidst these complex expectations, we studied academic narratives and related editorial decisions of two leading entrepreneurship journals, Entrepreneurship: Theory & Practice (ETP, 4,151 papers) and Small Business Economics Journal (SBEJ, 4,043 papers), using computer-aided text analysis. Our study debunks common assumptions about what makes a successful entrepreneurship paper, providing an empirical basis for understanding actual versus perceived publication requisites. Furthermore, we extend optimal distinctiveness theory by demonstrating that high distinctiveness is not uniformly advantageous, meeting numerous expectations is not necessarily beneficial, and clear language is crucial for complex narratives. Our study underscores that crafting narratives is more nuanced than traditionally believed. Plain English Summary: Getting published in Entrepreneurship Journals: Less is more! How can entrepreneurship scholars increase their chances of getting published? Our study delves into scholarly articles in entrepreneurship journals, investigating which papers are published and which papers are not. We challenge the assumption that authors must fulfil as many expectations as possible and emphasize the importance of addressing specific audience expectations. By analyzing narratives and editorial decisions from Entrepreneurship Theory & Practice (ETP) and Small Business Economics Journal (SBEJ), we uncover the key to publication success: tailoring articles to meet the targeted audience's most pronounced requirements. Focusing on theoretical contributions when submitting one's work to ETP and focusing on empirical contributions when submitting one's work to SBEJ can increase the chances of getting your work published. [ABSTRACT FROM AUTHOR]

Engineered products are often optimized based on engineering requirements, user requirements, cost, and performance. This strategy is well suited for most applications, but products designed specifically to improve the lives of users and communities would benefit from an approach that helps engineers optimize a product based also on its social impacts. This paper introduces several optimization problem formulations adapted from multi-stakeholder strategies in the economics and business management literature. Each optimization problem formulation optimizes a product's social impact according to the ideology and principles inherent to the adapted multi-stakeholder strategy. A case study is presented for a cassava peeling machine that is being developed for farmers in the Brazilian Amazon. Finally, the resulting peeler design configurations and social impacts are discussed to illustrate the advantages and disadvantages of each strategy. [ABSTRACT FROM AUTHOR]

The aim. Public-private partnership is a qualitative method of accelerating the growth rate of the country S economy and its individual components. However, it is also important to skillfully apply the features of this method, assessing the peculiarities of the functioning of a particular country or sector. This makes it relevant to consider the specifics of public-private partnerships in the Republic of Kazakhstan and, in particular, in the pharmaceutical industry. Thus, the main purpose of the study was to assess the peculiarities of the development of the pharmaceutical industry of the Republic of Kazakhstan and the impact of public-private partnerships on it. This includes understanding the role public-private partnerships play in enhancing the efficiency and innovation of the industry. Materials and methods. This study focuses specifically on the Republic of Kazakhstan, as the public-private partnership model varies significantly across countries. The main methods used were analysis, historical method, deduction, and modelling. The specific legislative framework, local economic conditions, and the unique challenges of Kazakhstan's pharmaceutical sector were considered to provide relevant insights. Results. The authors showed that this area is actively developing; every year, many projects are implemented in various sectors of the economy with the help of this type of interaction. Certain results are also observed in the healthcare industry, which borders the pharmaceutical industry. However, in the context of the production of medicines or the latest technologies, there are certain problems. This industry receives insufficient investment, which is why it does not have the opportunity to develop effectively. This indicates the urgency of more decisive state intervention, including through the use of public-private partnerships. In addition, the study describes some projects that have already been implemented in Kazakhstan and shows the benefits that the state has achieved from their implementation. Conclusions. The paper brings new knowledge in the context of the investigation of public-private partnership as a method of increasing the efficiency of the functioning of the economy as a whole, and also allows for a better understanding of some features of the development of the Republic of Kazakhstan as a whole and its pharmaceutical industry in particular [ABSTRACT FROM AUTHOR]

This paper aims to analyze the trends of research conducted on companies using social media. Social media is one of the online platforms for sharing or exchanging individual thoughts, experiences, and opinions, and with the development of the IT environment, the use of social media has also grown rapidly. In recent years, research in the field of business administration or economics on the use of social media is also showing a significant increase. Contents posted on social media directly or indirectly affect corporate performance or corporate value. This study summarized the results of empirical research on this. This study proposes a technology-based convergence study on the economic effect of social media, and looks forward to expanding research in this field. [ABSTRACT FROM AUTHOR]

Blacks have been systematically under‐represented in the Agricultural Economics profession, representing only 7% of agricultural economists in academia and between 5% and 10% in the private and public sectors, respectively. Although different policies and funding strategies have been implemented to increase the representation of minorities in the profession, these numbers have not shown significant improvements over time. This paper provides an overview of the history, role, and struggles of 1890 Land‐Grant Historically Black Colleges and Universities in general, and in particular, their agricultural economics and business (AEB) Programs. Recommendations and thoughts on how to increase diversity in AEB programs are also discussed. [ABSTRACT FROM AUTHOR]

This article uses cross-country unbalanced panel data of up to 146 countries from 1996–2015 to be the first study to identify potential determinants of a country's relative research output in Economics versus Business. This identification is important for students, professionals, universities, university departments, and research-funding agencies facing choices between profiles oriented towards economics and business. Consider the following concrete example. The finding that some distinct countries' characteristics hinder Economics relative to Business research is valuable information for a prospective professional when choosing her career path. We do a thorough literature review to single out country characteristics having the potential to determine the flourishing of economics research vis-à-vis business research and come out with the following three hypotheses: higher policy-related data availability, higher income inequality, and lower ethnic fractionalization relatively favour economics. The regressions' results confirm these hypotheses, and the findings are robust to two alternative fixed effects specifications, three alternative definitions of economics and business, two alternative measures of research output (publications and citations), the inclusion of meaningful control variables, and the consideration of developed and developing countries. Yet, the association between ethnic fractionalization and relative research output is limited to developing countries. [ABSTRACT FROM AUTHOR]

We integrate the issue of economic calculation into the theory of the entrepreneur. In doing so, we fill a gap in the literature by demonstrating that retrospective economic calculation, i.e., financial accounting, dovetails with Kirzner's theory of the alert entrepreneur and that prospective calculation, i.e., the appraisal of investment objects, supports innovational activities by entrepreneurs and therefore facilitates creative destruction as emphasized by Schumpeter. Our integrative conceptualization of the calculating entrepreneur can lead to a better understanding of the role of economic calculation in the economy, thereby bringing theoretical economics and business administration closer together. [ABSTRACT FROM AUTHOR]

Large-scale shocks directly affect some firms and households and indirectly affect others through general equilibrium spillovers. In this paper, I describe how researchers can directly estimate spillovers using quasi-experimental or experimental variation. I then argue that spillover estimates suffer from distinct sources of mechanical bias that standard empirical tools cannot resolve. These biases are particularly relevant in finance and macroeconomics, where multiple spillover channels and nonlinear effects are common. I offer guidance on how to detect and overcome mechanical biases. An application and several examples highlight that the suggested methods are broadly relevant and can inform policy and multiplier calculations. Authors have furnished an Internet Appendix , which is available on the Oxford University Press Web site next to the link to the final published paper online. [ABSTRACT FROM AUTHOR]

We develop an equilibrium model with moral hazard, which arises because some productivity shocks are privately observed by firm managers only. We characterize the optimal contract and its implications for firm size, growth, and managerial pay-performance sensitivity and exploit them to quantify the severity of the moral hazard problem. Our estimation suggests that unobservable shocks are relatively modest and account for about 10 |$\%$| of the total variation of firm output. Nonetheless, moral-hazard-induced incentive pay is quantitatively significant and accounts for 50 |$\%$| of managerial compensation. Eliminating moral hazard would result in about a 1 |$\%$| increase in aggregate output. [ABSTRACT FROM AUTHOR]

We conduct a large-scale natural field experiment with a Fortune 500 company to test several light-touch approaches to attract minorities to high-profile positions. A total of 5,000 prospective applicants were randomized into treatments that vary a small portion of recruiting materials. We find that self-selection at two early-career stages exhibits a substantial race gap. We then show that this gap can be strongly influenced by several treatments, with some closing the race gap and increasing application rates of minorities by 40% and others being particularly effective for minority women. These effects are not accompanied by any declines in application rates of majority group job seekers. In addition, we do not find that endorsing the "business case" for diversity reduces the race gap or raises application rates by minorities or women. The heterogeneities we find by gender, race, and career stage shed light on the underlying drivers of self-selection barriers among minorities. This paper was accepted by Yan Chen, behavioral economics and decision analysis. Funding: The authors thank the Brigham Young University College of Family, Home, and Social Science for generous research support. This research was funded in part by the Lowe Institute of Political Economy at Claremont McKenna College as well as the Australian Research Council Future Fellowship grant Nr. 190100252. Christina Rott thanks the School of Business and Economics, Vrije Universiteit Amsterdam, for research support through the Hermine Weijland Fellowship. Supplemental Material: The data files and online appendices are available at https://doi.org/10.1287/mnsc.2023.4909. [ABSTRACT FROM AUTHOR]

This article brings into conversation foundational concepts in the sociology, anthropology, and geography of tourism, specifically those of the tourist gaze, tourism performance of place, the hospitality pact, tourist encounters, with the most recent tourism geopolitics. Historically the first four concepts contributed to legitimizing tourism as an object of social scientific research beyond business and economics. They provided important terminology to conceptualize tourism not merely as an industry, but also as a powerful social force. Yet, they also contributed to nurturing anthropocentric worldings that separate tourism from geopolitics and enact Western-centric, liberal, universalist, and optimistic ideas about nature, culture, and the self that remain problematic to date. Expanding on the conceptual matrix traced by these terms and with a stronger foundation in tourism geographies research, the concept of tourism geopolitics is conducive to otherwise worldings. It points at the historically specific and artificial barrier between tourism and geopolitics, laying the groundwork for nuanced vocabularies that explore the intimate relationships among tourism, power dynamics, geographical locations, the body, materiality, physicality, affective experiences, and imaginative processes within the field of tourism geographies research. I approach these concepts as part of the heterogeneous intellectual frameworks that understand tourism as an ultimately Euro-American spatial, cultural, political, and embodied milieu that is subject to questioning, critique, and transformation. [ABSTRACT FROM AUTHOR]

This editorial from the Journal of Management History discusses the challenges of writing editorials and the diverse perspectives within the field of management history. The author emphasizes the importance of understanding how the past informs the present and future, particularly in light of current business controversies and ethical lapses. The editorial introduces several articles that explore topics such as the emergence of revolutionary business techniques, the role of Quakerism in scientific management, the history of Barilla pasta, the impact of political movements on management theory, the use of history in branding, and the measurement of firm performance. These articles provide valuable insights into the field of management history and its relevance to contemporary issues. [Extracted from the article]

This study aims to determine the effect of Online Customer Review, EService Quality, Trust and Word of Mouth on Purchasing Decisions. The object of this study was students of the Faculty of Economics and Business, Pancasila University as consumers who had made purchases on the Shopee marketplace. The sampling technique used was Purposive Sampling with a sample size of 100 respondents from students of the Faculty of Economics and Business, Pancasila University as consumers who use Shopee. The data collection technique used a questionnaire distributed via Google Form to consumers of the Shopee marketplace at the Faculty of Economics and Business, Pancasila University. Data processing using IBM SPSS 25.0. Based on the results of the study, it shows that Online Customer Review has a positive and significant effect on Purchasing Decisions, E-Service Quality has a positive and significant effect on Purchasing Decisions, Trust has a positive and significant effect on Purchasing Decisions, Word of Mouth has a positive and significant effect on Purchasing Decisions and simultaneously the variables Online Customer Review, E-Service Quality, Trust and Word of Mouth have a positive and significant effect on Purchasing Decisions. [ABSTRACT FROM AUTHOR]

The object of research is managerial economics, which is considered as a component of economic theory. The scientific problem is that there are such concepts as management and managerial economics, which are tangential and somewhat overlapping. Managerial economics is included in the structure of the economic system as a separate component. It is also proven that managerial economics is a systemic entity and has the following levels: global, macro-, meso-, micro- and nano-. The study defined these levels and outlined the use of the global (international) and macro levels. Analysis of these categories is necessary for understanding the governance and governance conditions of global and national economies. The essence of the obtained results is that the existing system of managing international relations is inflexible and difficult to solve the global problems of humanity. And the management of national economies must correspond to the strategic development plans of a particular nation. These obtained results can be explained by the immobility of management structures and the need to revise the global economic order. At the state level, there should be levers for regulating economic relations. It was noted in the work that society is a set of people united at a certain stage of historical development by one or another economic relations that determine all other social relations. The economic life of society consists of various phenomena and processes, the essence of which must be sought in social production. The concept of «managerial economics» is often used to characterize the regulation of social production. There are different approaches to defining the content of managerial economics. First, managerial economy is considered as regulation by a set of industries and types of material production. Secondly, a system of regulation of productive forces and production relations is usually associated with managerial economics. Thirdly, managerial economics regulates the conditions for achieving equilibrium and cyclicality of social production. [ABSTRACT FROM AUTHOR]

Copyright of De Computis is the property of Asociacion Espanola de Contabilidad y Administracion de Empresas and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

This study on the state of financial research analysed the citations made in leading business and economics journals in the period 1997–2020. It found that, contrary to other business fields, and despite citing more references, finance researchers overlooked the fruitful mode of knowledge creation by integrating advances from disciplines other than economics. Additionally, citations in economics became disproportionate to older papers. Furthermore, intradisciplinary citations remained predominantly in the same four journals, although others became prominent. These findings on the state of financial research supplement other issues inhibiting finance knowledge progression and have inferences regarding the training of future scholars. [ABSTRACT FROM AUTHOR]

This paper aims to define a theoretical background for investigating greenwashing from a business economic perspective. We consider possible research questions in the relevant field of study, which is business economics studies. The first research step proposes a path that will orient scholars to the multifaceted perspectives of greenwashing. The second step analyzes the main theories that can support researchers and might motivate the possible greenwashing strategies. The third step highlights the potential link between greenwashing, reputational and relational capital, and a broad concept of value that includes the social dimension. Finally, we propose a conceptual framework that highlights some emerging research issues and anticipates the effects of greenwashing. Considering that self-regulation is not effective in reducing the gap between substantive and symbolic behaviors, the main practical implication of this study lies in addressing the need for stronger regulation and effective legal enforcement, not only to improve mandatory environmental disclosure but also to develop an audit process of such disclosure. Our analysis offers a number of suggestions for future research. Considering the centrality of disclosure in the theoretical framework we defined for greenwashing, future research could adopt the legitimacy theory perspective to focus on the role of mandatory environmental, social, and corporate governance (ESG) disclosure as well. Further, our conceptual framework highlights a possible research issue that investigates how a social value destruction resulting from inconsistent environmental strategies, may impact shareholders' economic value. [ABSTRACT FROM AUTHOR]

We study capital requirement regulation in a dynamic quantitative model in which nonfinancial firms, as well as households, hold deposits. A novel general equilibrium channel that operates through firms deposits mitigates the cost of increasing capital requirements. In the calibrated model, (a) the optimal capital requirement is 7.3 percentage points higher than in a comparable model in which all the deposits are held by households, and (b) setting the capital requirement higher than the true optimum is not as costly as one would gauge from the comparable model. We also provide some independent evidence that supports our novel channel. [ABSTRACT FROM AUTHOR]

Copyright of Journal for Business, Economics & Ethics / Zeitschrift für Wirtschafts und Unternehmensethik is the property of Nomos Verlagsgesellschaft mbH & Co. KG and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

The review of the book titled Ziemie obiecane. Rolnictwo Dolnego Śląska w latach 1945–1956 w ujęciu ekonomicznym i historycznym [Promised Lands: Agriculture of Lower Silesia in the years 1945–1956 from the economic and historical point of view] was written by Sylwia Straszak--Chandoha and published in 2021 by the Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu [Publishing House of the Wroclaw University of Economics and Business]. The book describes the problem of settlement, which is rarely discussed in the literature on the subject, and, in particular, the organization of agricultural production in Lower Silesia in the first few years after the end of World War II. [ABSTRACT FROM AUTHOR]

As a promising strategy to secure debt financing, firms can use their intellectual property rights (IPR) as collateral. Despite an ongoing shift to a more technology-based economy, the collateralization of IPR is still trailing behind the use of more traditional asset classes. In this paper, we address the challenges and opportunities of using IPR as collateral from a legal and economic angle by also exploring the role of and consequences for IP law. We develop a new taxonomy, i.e., a classification of the key determinants of using IPR as collateral. The taxonomy defines two pillars that govern the use of IPR collateral that distinguish between institutional and economic determinants. The institutional determinants cover contract law, IPR registries, and banking regulations. The economic determinants constitute the influence of IPR characteristics on the trade-off between the economic costs and benefits of collateralizing IPR. We apply the derived taxonomy to the legal and economic status quo in several industrialized economies to identify potential impediments to IPR-backed debt financing. Taken together, our taxonomy can be viewed as providing guidance for future research in the fields of law and economics on IPR as loan collateral for businesses. [ABSTRACT FROM AUTHOR]

Learning to take effective notes is particularly difficult for non-English-native university students enrolled on English Medium Instruction (EMI) courses. However, time and cost constraints mean that many universities provide no support in English for academic purposes or academic skills. One solution to this problem would be to work closely with subject lecturers to develop training that can be delivered within the framework of the EMI content courses themselves. We developed a pilot programme for training students to take effective notes in English and applied it within the context of a first-year content course in Economics and Business Administration at a Spanish university. The students improved on several measures from the pre-test to the post-test, and provided positive feedback. They particularly appreciated learning how to build outlines, simplify information, and use abbreviations and symbols. Questionnaire responses indicated that they had found the training useful and appreciated the possibilities for direct application of the new skills acquired in their other EMI courses. Further research on how to train students in academic language competences within the ecologically valid setting of the EMI classroom itself could include support with subject-focused academic writing and speaking skills. [ABSTRACT FROM AUTHOR]

This document is a report from the editor of the American Economic Review: Insights journal. It provides information about the editorial process, publication statistics, and the editorial staff. The journal publishes papers on a broad range of topics in economics, and the report includes tables showing the distribution of published papers across subject categories and the number of submissions and acceptances in recent years. The report also announces changes in the editor and coeditor positions. Additionally, the text includes tables and lists related to manuscript processing times, decision times for review, article length, data use and access restrictions, and a list of referees who received an award. [Extracted from the article]

The given text is a report from the editor of the American Economic Review (AER). It discusses changes to the editorial procedures, including the adoption of outside guest editors for submissions by coeditors or the editor. The report emphasizes the importance of diversity in the nomination process for coeditors and board members. It also includes tables with editorial and publication statistics, such as the subject matter of published manuscripts and historical trends in submissions and publications. The report concludes by acknowledging the contributions of board members, reviewers, and staff, and listing the recipients of the AER Excellence in Refereeing Awards. [Extracted from the article]

Professor Cheng Hong at Capital University of Business and Economics is among the first scholars engaged in nature writing studies. She has been diligently working on British and American nature writing as well as ecocriticism since 1990s. In Tranquility Is Beyond Price, published in 2009 and widely acclaimed by academia and readership, she makes a systematic summary and review of the classic writers and their works in British and American nature writing. Professor Cheng sees nature writing as criticism, compensation, and retrospection of the previous relationship between man and nature. With love for nature and concern for the surviving status of people in contemporary society, she has conducted her research on nature writing through close reading of numerous texts, restoring the moving literary moments when writers encountered nature and inviting readers to have silent conversations with all the things in nature. She intends to evoke public awareness of harmonious coexistence with ecological environment, and encourages people to find a sublime spiritual world while urging them to adopt a new lifestyle beneficial not only to their own physical and mental health but also to the later generations. Upon the arrival of World Book Day, Zhou Xue, a presenter of M-Type Podcasts, invited two guests to talk about Tranquility Is Beyond the Price and other related topics. One guest is Professor Shi Haiyu, the director of the Nature Writing Centre in the School of Foreign Languages at Capital University of Business and Economics, and the other is Li Xuejun, the general editor of M-Type. They discussed nature writing from its origin, characteristics, various artistic representations, and influence on readers. They also analyzed the three-dimensional landscapes of nature writing (namely, the landscape, the soundscape, and the soulscape) and the reading value of Tranquility Is Beyond the Price, and shared their wonderful experiences of reading nature writing. [ABSTRACT FROM AUTHOR]

Management educators have developed a wide variety of approaches to ensure students develop job-ready skills, resilience, and other forms of career capital to gain and retain employment in an ever-changing, competitive job market. Yet, concerns about the employability agenda's consequences for students' self-concept and wellbeing have gained urgency amid a crisis of confidence in capitalism. Humanistic approaches to management education map an alternative path, starting from students' unique values, voices, and experiences, and leading to the pursuit of a personal purpose. In this essay, we explore the tensions and potential synergies of the career capital and personal purpose approaches to career preparation and support. Building on our experiences at the University of Melbourne's Faculty of Business and Economics, we discuss how integrative learning experiences can combine these two approaches to (1) encourage students to recognize the mutual influence of career capital and personal purpose; and (2) provide rich opportunities for external stakeholder involvement to contribute to students' career capital and personal purpose development efforts. We believe that our proposals for embracing both career capital and personal purpose considerations can help management educators recalibrate their efforts to help students develop personally meaningful and sustainable careers. [ABSTRACT FROM AUTHOR]

Data is a success factor for digital platforms and the core of their business model. The rationale behind this is that data allows for improving the matching process between users which creates value for the platform. Since some large platforms act as gatekeepers, the Digital Markets Act (DMA) was introduced in Oct. 2022 to ensure a fairer business environment. This paper analyzes the consequences of the 4th obligation of Art. 5 of the DMA. Using a simple game theory model, we analyze the changes in incentives for different business models implied by the obligation. In fact, the obligation increases the incentives for the business users to use the platform because new customers can be acquired. The incentives for establishing an independent web shop also increase. Furthermore, more data is available, both for the platform and the business users. However, the platform is likely to benefit more from the increase in data collection and is incentivized to become vertically integrated. Finally, the fees imposed by the platform may increase. [ABSTRACT FROM AUTHOR]

Floriculture as a branch of the horticulture industry is still at a developing stage that needs to be assessed for further orientation in the areas of management, business and economics. The commercialization of ornamental plants and cut flowers is of recent origin in developing economies which have high growth potential, both in domestic and international markets. The study highlights the evolution of the floriculture industry having a management perspective and paving the way for future research directions. The paper conducts a bibliometric analysis and rigorous systematic review of 126 papers published in peer-reviewed journals related to the floriculture industry using the Scientific Procedures and Rationales for Systematic Literature Reviews (SPAR-4-SLR) protocol. The Biblioshiny function of R software and VOS viewer is used for the analysis. The intellectual structure of the floriculture literature is presented through bibliographic coupling and thematic cluster analysis. The findings indicate considerable opportunities for further investigations in the field of floriculture focusing on the inclusion of sustainability practices, the evolution and role of women farmers and entrepreneurs, and supply chain management of floriculture products. [ABSTRACT FROM AUTHOR]

Since their inception more than 15 years ago, social media have become a vibrant research topic in business and economics research. This article presents an integrative literature review taking stock of and showing the many faces of social media in extant research. Based on N = 1419 articles published in the leading peer‐reviewed business and economics journals in the years 2008–2022, we identify and describe seven overarching research themes, namely, social media as a: (1) market‐oriented interaction hub, (2) resource‐oriented interaction hub, (3) information market, (4) innovation and business venturing hub, (5) societal challenge, (6) political hub, and (7) data source. Finally, we derive a research agenda to stimulate future research on this increasingly important topic. [ABSTRACT FROM AUTHOR]

This study examines the international alliance activities of state‐owned enterprises (SOEs). We find that country‐level political and economic factors, such as autocracy, foreign ownership restrictions, foreign currency reserve, and industry dissimilarity, increase the likelihood of SOEs' participation in cross‐border alliances. Our analyses further reveal that foreign firms tend to collaborate with local SOEs when facing high expropriation risks and the presence of a state‐dominated banking system in the host country. Further, foreign firms experience higher announcement returns when they ally with local SOEs rather than with non‐SOEs. This result suggests that the exclusive benefits from SOEs are value‐creating for the international alliance partners. Overall, our findings provide novel insights into the determinants and wealth effect of SOEs' engagement in international alliance activities. [ABSTRACT FROM AUTHOR]

Purpose: The purpose of the study is the critical reflection of managerial pressure on the minimization of process variability by management methods based on measurability and performance of companies with the help of technological functions. Methodology: The study analytically describes management efforts to minimize the process variability and capitalize on technological innovations to increase flexibility and efficiency of work processes. Then the study analyses the logistical and personal consequences of process minimization in the context of general managerial principles. The Research questions are: 1. What are the implications of the current efforts of management to minimize its processes? 2. What are the personnel implications of minimizing processes? Results: Identification of technological optimism applied to production management and logistics, and limits and weaknesses of minimization of process variability by mechanical and technological management approaches in order to increase efficiency, regardless of the potential of staff. The consequences and specific challenges of study are particularly important for strategy and management. Research limitations: As it is a conceptual study, it is natural that it works with a certain perspective of the authors, who are motivated by practical experience in companies and the need to talk about the mentioned phenomena in management education. This means that the study only touches on some areas and leaves others out. The study also does not claim to be a comprehensive exhaustion of all related topics, it is a stimulus in what it condescendingly names. The biggest proctor for further work lies in the rapidly evolving digitalization and application of AI in organizations and companies. Further potential lies in deeper analysis of human thought processes and decision making in critical situations. This field (e.g., neuroscience) is also developing its research rapidly. Practical implications: Conceptual study deals with a critical discussion over the current trends of management, which believes in improving the performance of companies through minimization of process variability. However, mechanistic approaches or technological innovations have a significant limit, that manifest themselves in negative impact on workers exposed to increased digital control. Originality: The reduction of motivation, creativity, autonomy, active participation in corporate processes, disruption of corporate culture etc., are only some of them. The resulting consequences reveal the reason for team member burnout, as well as the decrease of creativity, inspiration, and long-term stability of the staff. [ABSTRACT FROM AUTHOR]

We explore the consequences of limiting executive pay on voluntary executive turnover by exploiting a Chinese government policy restricting executive pay at a subset of firms. Affected firms experience an increase in voluntary executive turnover, with executives increasingly moving to firms not bound by the pay policy. Executives that leave are of higher quality as suggested by their stronger stock and accounting performance in the year prior to the turnover. Affected firms suffer firm value losses, especially when talented executives leave. Our findings demonstrate the importance of compensation contracts in retaining executives and suggest a need for regulatory caution, since mandated constraints aimed at trying to "fix" executive pay can hurt firm value and ultimately, hurt shareholders. This paper was accepted by Suraj Srinivasan, accounting. Funding: S. Silveri acknowledges research support in the form of a summer research grant from the Fogelman College of Business and Economics at the University of Memphis. This research support does not imply endorsement of the research results by either Fogelman College or the University of Memphis. K. Wang is grateful for the financial support provided by the Tsinghua University Initiative Scientific Research Program and the research project of the Institute for State-Owned Enterprises, Tsinghua University. L. Zhao is grateful for the financial support provided by the Asia Research Center in Nankai University [Project AS2206]. Supplemental Material: The data files and online appendix are available at https://doi.org/10.1287/mnsc.2023.4812. [ABSTRACT FROM AUTHOR]

Secularization processes alongside supposed tensions between science and religion may partly explain the slow development of literature on the relationship between religion and entrepreneurship. Nevertheless, the overwhelming number of submissions we received for the present special issue of Small Business Economics suggests a profound interest in this topic by researchers from all around the globe. In many of these submissions, the researcher's own personal values or beliefs explicitly or implicitly motivated the research question, shaped the research design, and steered the interpretation of outcomes – regrettably, although this engagement often being at the expense of the study's analytical rigor. We explain how the Weberian distinction between value-neutrality and value-relevance can help to increase the rigor of studies on the relationship between religion and entrepreneurship. Moreover, we propose a mechanism-based approach to explain and test the multiple interrelationships between religion and entrepreneurship because such mechanisms are often assumed rather than empirically tested. By drawing on and extending Saroglou's religious dimensions model, we structure potential mechanisms between religion and entrepreneurship as well as between entrepreneurship and religion. Plain English Summary: How can religion be so central to the everyday lives of most people around the globe yet receive so little attention in entrepreneurship research? The overwhelming response to the call for papers in this special issue of Small Business Economics on the relationship between religion and entrepreneurship suggests that it is not a lack of interest in the topic that explains the slow development of the literature. Rather, it seems that the researcher's engagement with the topic often has a bearing on the analytical rigor of the study. We explain how the Weberian distinction between value-neutrality and value-relevance can help to increase the rigor of studies on the relationship between religion and entrepreneurship. Value-neutrality emphasizes the importance of maintaining impartiality in social research, including the study of beliefs and religion, while value-relevance means that values, including religious values, may be present in the choice of research topics. Moreover, we argue for a closer examination and analysis of mechanisms to advance the study of interrelationships between religion and entrepreneurship because such mechanisms are often assumed rather than empirically tested. We also contribute to current and future research by offering a framework explaining the different ways in which religion and entrepreneurship are interrelated. [ABSTRACT FROM AUTHOR]

Recent international arbitration cases, especially P&ID v Nigeria , have highlighted how easy it is for claimants—whether in treaty-based Investor–State Dispute Settlement or commercial arbitration—to advance immense claims grounded on essentially no evidence against state respondents. This largely reflects the readiness of many quantum experts to engage in the practice which Martin Wachs called 'lying with numbers' in order to misrepresent the execution risks of speculative unbuilt projects in a manner that is radically at odds with empirical data regarding such execution risks, which is exacerbated by the ignorance of many arbitrators about business economics and discounted cash flow valuation. This situation is unlikely to improve, and overall standards of candour in valuation in international arbitration will keep going down as the system will keep rewarding the act of cloaking advocacy in the guise of scientific or technical rationality in order to 'lie with numbers'. [ABSTRACT FROM AUTHOR]

This study takes stock of business and economics research on Artificial Intelligence (AI) and provides a dynamic panorama of the overall knowledge structure of this ever-growing body of work ever since its inception in 1966. Our bibliometric analysis based on the full archive of 1024 studies identifies the main trends of and the major intellectual contributors to the extant knowledge of AI in business and economics research. Specifically, our results show that (1) AI-focused business and economics research wintnessed growth over three stages, particularly with a sharp increase after 2017. (2) While this body of research has gained tremendous momentum across the globe, the United States is by far the center of knowledge generation. (3) Research collaborations are still limited in this area. (4) Research topics flourished, ranging from early decision support systems, neural networks, and scheduling methods to more recent machine learning, automation, and big data. This study also identifies fruitful avenues for further business and economics research with an AI focus. [ABSTRACT FROM AUTHOR]

Purpose: This paper aims to identify the current state of knowledge and ongoing research related to the digital nomad segment from the perspective of territorial marketing. Design/methodology/approach: The Scoping Review method was used, and the research material was collected from 3 databases: Scopus, Web of Science, and the Google Scholar academic browser. In order to graphically present the research conducted by scientists relating to digital nomads, VOSviewer software was used to build a map of connections between keywords appearing in publications. Findings: Based on the Scoping Review, the author notices a sudden interest in the academic community in the issue of digital nomads, particularly in business economics and social sciences. The analysis of the collected materials allows to conclude that the technological facilities offered by territorial units are one of the critical features of the city as a destination from the perspective of digital nomads. Moreover, the author indicates that the characteristics of the profile of the digital nomad group require constant updates to conduct effective marketing communication of cities with this target group. Place marketing theorists and practitioners looking for effective ways to attract digital nomads should also focus on the possibilities of cooperation with residents because their attitudes and opinions strongly influence the perception of the city. Originality/value: So far, few studies have combined the issue of digital nomads as a group of consumers of the city's offer with the area of city marketing. This paper consolidates previous findings in this area. The last part of the paper proposes future research directions, the results of which may positively affect the effectiveness of marketing activities used by territorial units to gain the interest of digital nomads. [ABSTRACT FROM AUTHOR]

Scientific journal publishing has become a lucrative enterprise, for commercial firms and (some) society publishers alike; but it was not always thus. The Royal Society is the publisher of the world's longest-running scientific journal, and for most of the history of the Philosophical Transactions, its publication was a severe drain on the Society's finances. This paper uses the rich archives of the Royal Society to investigate the economic transformation of journal publishing over the course of the twentieth century. It began the century as a scholarly mission activity heavily subsidized by the Society, but ended it as a valuable income stream. Never-before-seen data reveal three phases: the end of the philanthropic model of circulation; the transition to a sales-based commercial model amidst the post-war boom in subscriber numbers; and the challenges facing that new business model once subscriber numbers went into decline in the late twentieth century. The paper does not directly address the open access movement of the twenty-first century, but is essential reading to understand the financial background. [ABSTRACT FROM AUTHOR]

This research starts from the discovery of problems in low customer satisfaction which has an impact on customer loyalty. Low customer satisfaction is caused by low electronic service quality. This study aims to determine the effect of electronic service quality on customer satisfaction and its implications for LinkAja customer loyalty. The research method used is descriptive and verification method with a sample size of 80 respondents. Instrument testing uses validity and reliability tests. The data collection techniques used were observation and distributing questionnaires. The data analysis method used is path analysis, coefficient of determination analysis, and hypothesis testing. The results showed that in structure I there was an effect of electronic service quality on customer satisfaction of 78.6%, and the remaining 21.4% was influenced by other variables not studied. In structure II, there is an effect of customer satisfaction on customer loyalty of 40.2%, and the remaining 59.8% is influenced by other variables not studied. In structure III, there is an effect of electronic service quality on customer loyalty of 42.9%, and the remaining 57.1% is influenced by other variables not studied. [ABSTRACT FROM AUTHOR]

This article explores the difficulties faced by Liz Kane, the budget director of Break Free Renewal, Inc. (BFR), a nonprofit organization in Charleston, West Virginia. Liz becomes increasingly concerned about the credibility and reliability of the financial information provided by BFR's new CEO, Sam Phillips. Despite her dedication to the organization, Liz is faced with a difficult decision regarding what actions to take next. The article also provides background information on BFR, its revenue sources, and the changes that occurred after Sam Phillips took over as executive director. [Extracted from the article]

The second article in this Special Section reflects the actions of not one AI firm, but instead 1,387 publicly-traded companies in the People's Republic of China from 2007 to 2018. An interesting, empirically testable implication of the authors' theoretical analysis is whether different enforcement regimes, which result in differences of piracy cost, do result in the nuanced prevalence (or not) of product bundles on the local markets for information goods as it would be predicted by the model. The authors report that they found evidence for a causal link in the presence of higher-intensity AI investments proxied by the estimated AI applications of individual firms with their overall employment as well as higher employment of nonacademically-trained workers. The authors' results are developed as a function of product similarity (amounting to a valuation discount factor between 0 and 1) and (expected per-product) piracy cost, which provides a somewhat new perspective, as the set of parameters where bundling dominates becomes nonconvex - due to the newly discovered "wedge" of intermediate piracy costs and sufficiently high product similarity. [Extracted from the article]

An important piece of the capital structure puzzle has been missing, and it is not a contracting friction. It is recognition that managers do not have sufficient knowledge to optimize capital structure with any real precision. The literature critique in this paper i) identifies the conceptual sources of the main empirical failures of the leading models of capital structure and ii) shows how those failures can be repaired by taking into account imperfect managerial knowledge and several other factors. The analysis yields a compact set of principles for thinking about capital structure in an empirically supported way. [ABSTRACT FROM AUTHOR]

While COVID-19 has caused significant short-term disruptions in global value chains (GVCs), in the longer run, the pandemic will not be the primary catalyst in GVC evolution. As GVCs recover from the initial shock, managers will make GVC restructuring decisions guided by long-term strategic considerations. This article describes barriers that lead firm managers may encounter when rethinking location/control decisions for value chain activities and suggests that, in addition to structural changes, managerial governance adaptations are instrumental in enhancing GVCs' long-term resilience. Lessons learned from responding to the pandemic can help managers enhance GVC efficiency in the increasingly uncertain global environment. [ABSTRACT FROM AUTHOR]

Contextualisation research in entrepreneurship is on the rise. Scholars generally view it positively, as contextualisation allows for a better understanding of the bigger picture, whilst also concerns are voiced. However, contextualisation may lead to an overly fragmented field and its possible disintegration. This calls for 'the emergence of sensible approaches to contextualisation that provide guidance in balancing its benefits and costs' as reported by Welter et al. (Small Business Economics 52(2):319–330, 2019) which is the challenge we address in this Special Issue. More specifically, we argue that an investigation of the construction and enactment of contexts provides a path to better understand the identified tension. The aim of this Special Issue ties in with increasing calls in the entrepreneurship literature for going beyond agent centric views towards accounts that theorise the interconnections between agency and structure. Taken together, the articles in this special issue contribute to (1) a stronger grounding for entrepreneurship theories and concepts; (2) a more balanced conceptualisation of both agency and context; (3) a shift from the 'standard model' of entrepreneurship; and (4) context sensitive entrepreneurship methodologies and approaches. We end with identifying further research avenues. Plain English Summary: Contextualisation research in entrepreneurship is on the rise. With contextualisation we aim to understand the external environmental factors impacting entrepreneurial activities. Many scholars believe it provides a better understanding of the bigger picture, whereby others highlight that contextualisation may lead to an overly fragmented field and its possible disintegration. In this Special Issue, we argue that by investigating 'doing contexts', which are the making, unmaking, and remaking of sites for entrepreneurial action, we help to tackle this challenge. Taken together, the articles of this Special Issue contribute to (1) a stronger grounding for entrepreneurship theories and concepts; (2) a more balanced conceptualisation of both agency and context; (3) a shift from the 'standard model' of entrepreneurship; and (4) context sensitive entrepreneurship methodologies and approaches. [ABSTRACT FROM AUTHOR]