Optimal versioning strategy of enterprise software considering the customer cost-acceptance level

Kybernetes ◽  
2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Zhu-Jun Wang ◽  
Yang-Yang Sun ◽  
Zhen‐Song Chen ◽  
Geng‐Zhong Feng ◽  
Qin Su
Keyword(s):  
Information Economics ◽  
Optimal Choice ◽  
Distribution Model ◽  
Significant Finding ◽  
Enterprise Software ◽  
Point Distribution ◽  
Hybrid Strategy ◽  
Acceptance Level ◽  
Content Type ◽  
Software Firms

PurposeThe emergence of the Software-as-a-service (SaaS) licensing model dramatically changes how enterprise software is released. Especially, it is favored by small and medium enterprises (SMEs) because of the cost-friendly feature. In contrast, many large enterprises (LEs) own relatively abundant budgets and prefer the on-premise software to fulfill demands through customization. Considering the differentiated cost-acceptance level among customers, this study aims to address the versioning problem of the enterprise software faced by software firms.Design/methodology/approachA two-point distribution model is formulated to calculate the maximal profits software firm earned from both LEs and SMEs under three strategies (On-premise, SaaS and Hybrid). Then through profit comparison, this paper obtains the optimal versioning strategy and corresponding feasible conditions. Finally, the optimal solutions are derived concerning social welfare.FindingsA significant finding is that moving to SaaS becomes necessary for the software firms in product releases since the on-premise strategy will not be optimal. Based on this, this paper discovers that when LEs own a cost-acceptance level close to that of SMEs, the hybrid strategy is the only optimal choice. When LEs become less sensitive to costs, the hybrid strategy is suggested if the customization cost falls below the threshold. Otherwise, the SaaS strategy becomes the optimal option. The conclusions explain why some software vendors transit to “cloud companies” thoroughly and provide practical insights for software firms’ future decisions.Originality/valueTo the best of the authors’ knowledge, this paper is the first information economics study to consider consumer cost sensitivity in discussing enterprise software versioning. The differentiated cost-acceptance level is introduced to describe the customer utilities, and the results uncover the necessity of moving to SaaS under diversified customer composition. This work provides significant theoretical value and practical insights.

The impact of labor freedom on geographic cost of living differentials

2017 ◽  
Vol 6 (3) ◽  
pp. 385-395
Author(s):  
Richard Cebula ◽  
James E. Payne ◽  
Donnie Horner ◽  
Robert Boylan
Keyword(s):  
Labor Market ◽  
State Level ◽  
The State ◽  
Annual Data ◽  
Significant Finding ◽  
Cost Of Living ◽  
Content Type ◽  
The Usa ◽  
The Cost ◽  
The Impact

Purpose The purpose of this paper is to examine the impact of labor market freedom on state-level cost of living differentials in the USA using cross-sectional data for 2016 after allowing for the impacts of economic and quality of life factors. Design/methodology/approach The study uses two-stage least squares estimation controlling for factors contributing to cost of living differences across states. Findings The results reveal that an increase in labor market freedom reduces the overall cost of living. Research limitations/implications The study can be extended using panel data and alternative measures of labor market freedom. Practical implications In general, the finding that less intrusive government and greater labor freedom are associated with a reduced cost of living should not be surprising. This is because less government intrusion and greater labor freedom both inherently allow markets to be more efficient in the rationalization of and interplay with forces of supply and demand. Social implications The findings of this and future related studies could prove very useful to policy makers and entrepreneurs, as well as small business owners and public corporations of all sizes – particularly those considering either location in, relocation to, or expansion into other markets within the USA. Furthermore, the potential benefits of the National Right-to-Work Law currently under consideration in Congress could add cost of living reductions to the debate. Originality/value The authors extend the literature on cost of living differentials by investigating whether higher amounts of state-level labor market freedom act to reduce the states’ cost of living using the most recent annual data available (2016). That labor freedom has a systemic efficiency impact on the state-level cost of living is a significant finding. In our opinion, it is likely that labor market freedom is increasing the efficiency of labor market transactions in the production and distribution of goods and services, and acts to reduce the cost of living in states. In addition, unlike previous related studies, the authors investigate the impact of not only overall labor market freedom on the state-level cost of living, but also how the three sub-indices of labor market freedom, as identified and measured by Stansel et al. (2014, 2015), impact the cost of living state by state.

Audit quality within adverse selection markets

2016 ◽  
Vol 24 (1) ◽  
pp. 2-18 ◽  
Author(s):  
Bharat Sarath
Keyword(s):  
Private Information ◽  
Stock Price ◽  
Audit Quality ◽  
Information Economics ◽  
Economic Market ◽  
Financial Reports ◽  
Content Type ◽  
General Terms ◽  
Audit Regulation ◽  
Short Run

Purpose – Auditing may be viewed as an arrangement for reducing inefficiencies arising from the fundamental market conflict between a seller who wants as high a price as possible and a buyer who wants to pay as low a price as possible. In more general terms, sellers prefer policies that boost the stock price in the short run whereas buyers would prefer the price to peak when they are ready to sell some time in the future. By framing audited financial reports within this context, the purpose of this paper is to provide some insights regarding both audit institutions and audit regulation. Design/methodology/approach – This paper relies on conceptual arguments and a simple analytical model. Findings – The basic findings are that a unique definition of audit quality is not compatible with the economics of a market where there are conflicts across traders as well a possibility that some traders hold superior information to others. Even an identification of quality with accuracy fails in this setting of conflict. The inference is that audit quality should be approached from a multi-dimensional perspective rather than a unique measure. Research limitations/implications – While the paper points out difficulties in constructing measures of audit quality extant in the literature, it does not provide any clear empirical suggestions for better measures. Originality/value – The paper brings back into focus issues from information economics that form the bedrock for the study of audited financial statements in equity markets. While the paper is partially a survey and synthesis of some of the latest empirical findings, it describes them within the context of a rational economic market where traders may possess private information. Within such a market, the paper outlines both the conflicts and the benefits inherent to the current institutional arrangements where auditors are paid by incumbent shareholders and overseen by regulators.

The Schumpeterian shock at General Motors in the 1920’s

2018 ◽  
Vol 7 (4) ◽  
pp. 320-335
Author(s):  
Seth W. Norton
Keyword(s):  
Automobile Industry ◽  
Information Economics ◽  
Marketing Channel ◽  
General Motors ◽  
Human Welfare ◽  
Content Type ◽  
Schumpeterian Economics ◽  
Role Of Information ◽  
Practical Implications

Purpose The purpose of this paper is to examine the link between Joseph Schumpeter’s economics and the rise of General Motors (GM). Design/methodology/approach The paper uses regression analysis and time series analysis of market synchronization. Findings There is a strong link between GM rise to dominance of the domestic automobile industry and nuanced features of Schumpeterian economics. Research limitations/implications The paper furthers the examination of the role of information economics on marketing channel performance. Practical implications Information helps in production decisions by synchronizing production with consumer demand. Social implications Economic efficiency enhances the human welfare for better forecasting, lower inventories and greater profits. Originality/value This topic has been explored before but methodology used in this paper is innovative. The paper uses Granger causality.

Shear strength and temperature distribution model of friction spot lap joint of high density polyethylene with aluminum alloy 7075

2019 ◽  
Vol 10 (4) ◽  
pp. 469-483 ◽  
Author(s):  
Isam Tareq Abdullah ◽  
Sabah Khammass Hussein
Keyword(s):  
Shear Strength ◽  
Temperature Distribution ◽  
High Density Polyethylene ◽  
Contact Region ◽  
High Density ◽  
Distribution Model ◽  
Lap Joint ◽  
Content Type ◽  
Rotating Speed ◽  
Model Of Friction

Purpose The purpose of this paper is to join a sheet of the AA7075 with the high-density polyethylene (HDPE) by a lap joint using friction spot processing and investigate the temperature distribution of joint during this process using the finite element method (FEM). Design/methodology/approach A semi-conical hole was manufactured in the AA7075 specimen and a lap joint configuration was prepared with the HDPE specimen. A rotating tool was used to generate the required heat to melt the polymer by the friction with the AA7075 specimen. The applied tool force moved the molten polymer through the hole. Four parameters were used: lower diameter of hole, rotating speed, plunging depth and time. The results of shear test were analyzed using the Taguchi method. A FEM was presented to estimate the temperature distribution of joint during the process. Findings All specimens failed by shearing the polymer at the lap joint region without dislocation. The specimens of the smallest diameter exhibited the highest shear strength at the lap joint. The maximum ranges of temperature were recorded at the contact region between the rotating tool and the AA7075 specimen. The tool plunging depth recorded the highest effect on the generated heat compared with the rotating speed and plunging time. Originality/value For the first time, the AA7075 sheet was joined with the HDPE sheet by friction spot processing. The temperature distribution of this joint was simulated using the FEM.

scholarly journals Genomics of Ochrobactrum pseudogrignonense (newly named Brucella pseudogrignonensis) reveals a new bla OXA subgroup

2021 ◽  
Vol 7 (8) ◽  
Author(s):  
Shu-Yuan Li ◽  
Yin-En Huang ◽  
Jhih-Yang Chen ◽  
Chung-Hsu Lai ◽  
Yan-Chiao Mao ◽  
...  
Keyword(s):  
Type Species ◽  
Wide Spectrum ◽  
The Novel ◽  
Bacterial Identification ◽  
Emerging Pathogen ◽  
Hybrid Strategy ◽  
Content Type ◽  
Link Type ◽  
Immunocompetent Patients ◽  
Ochrobactrum Pseudogrignonense

Ochrobactrum pseudogrignonense (newly named Brucella pseudogrignonensis ) is an emerging pathogen in immunodeficient and immunocompetent patients. Most documented cases associated with Ochrobactrum are frequently catheter-related and exhibit wide-spectrum β-lactam resistance. Misidentification of this pathogen using commercial bacterial identification kits is common. We identified a case of O. pseudogrignonense infection associated with cholelithiasis. The O. pseudogrignonense genome was sequenced and reconstructed using a Nanopore and Illumina hybrid strategy. A novel bla OXA-919 divergent from existing OXA members was identified and subsequent analysis revealed its existence in all available O. pseudogrignonense genomes, which forms a new phylogenetic subgroup distinct from other OXA clusters. Further analysis demonstrated the presence of the novel bla OXA-919 in the chromosome of several other Ochrobactrum species. Our study indicated that Ochrobactrum chromosomes may be a reservoir of bla OXA-919 β-lactamases.

Finance equity, student achievement, and justice

2014 ◽  
Vol 52 (6) ◽  
pp. 812-832 ◽  
Author(s):  
Robert C. Knoeppel ◽  
Patricia F. First ◽  
Matthew R. Della Sala ◽  
Chinasa A. Ordu
Keyword(s):  
Student Achievement ◽  
Distribution Systems ◽  
Distribution Model ◽  
Judicial Interpretation ◽  
Distribution Models ◽  
Content Type ◽  
Achievement Data ◽  
State Education ◽  
Accountability Policy ◽  
Equity Ratio

Purpose – The purpose of this paper is to explore the connections between state education finance distribution models and student achievement. To date, lawsuits challenging the constitutionality of state finance systems have been heard in 45 states; the judicial interpretation of the requirement to provide equality of educational opportunity has led to changes in finance distribution models as well as the implementation of accountability policy. Design/methodology/approach – The study included district level finance and achievement data from five states. Researchers reviewed the relevant judicial interpretation of the finance system, the accountability policy, and the finance distribution system. Next, researchers calculated the equity of both the finance distribution model and measures of student achievement. Finally, an equity ratio was developed and calculated to discern the degree to which state distribution models resulted in equitable measures of student achievement. Findings – Findings reveal that no state has both an equitable system of finance and equitable measures of student achievement. The way that states define proficiency significantly impacts the percentage of students that reach proficiency. This impacts the provision of equality of opportunity. Originality/value – Traditionally, the measurement of equity has only been applied to finance distribution systems. The authors of this paper have applied these concepts to measures of student achievement and aligned the two concepts with the equity ratio. Since states are charged with providing sufficient resources to enable students to reach proficiency, an understanding of the interaction between resources and achievement is a critical tool in analyzing the provision of equal opportunity.

Landmark Sliding for 3D Shape Correspondence

2012 ◽  
pp. 57-71 ◽  
Author(s):  
Pahal Dalal ◽  
Song Wang
Keyword(s):  
Closed Surface ◽  
Statistical Shape Model ◽  
Surface Shape ◽  
Distribution Model ◽  
Shape Correspondence ◽  
Triangle Mesh ◽  
Point Distribution ◽  
Sliding Method ◽  
Closed Surfaces ◽  
Statistical Shape

Shape correspondence, which aims at accurately identifying corresponding landmarks from a given population of shape instances, is a very challenging step in constructing a statistical shape model such as the Point Distribution Model. Many shape correspondence methods are primarily focused on closed-surface shape correspondence. The authors of this chapter discuss the 3D Landmark Sliding method of shape correspondence, which is able to identify accurately corresponding landmarks on 3D closed-surfaces and open-surfaces (Dalal 2007, 2009). In particular, they introduce a shape correspondence measure based on Thin-plate splines and the concept of explicit topology consistency on the identified landmarks to ensure that they form a simple, consistent triangle mesh to more accurately model the correspondence of the underlying continuous shape instances. The authors also discuss issues such as correspondence of boundary landmarks for open-surface shapes and different strategies to obtain an initial estimate of correspondence before performing landmark sliding.

Impact of exchange rates on exports from India’s sub-national economies

2019 ◽  
Vol 8 (2) ◽  
pp. 166-184
Author(s):  
Khee Giap Tan ◽  
Sasidaran Gopalan ◽  
Jigyasa Sharma
Keyword(s):  
Exchange Rates ◽  
Export Performance ◽  
National Level ◽  
Skewed Distribution ◽  
Significant Finding ◽  
Data Set ◽  
Content Type ◽  
National Economies ◽  
The Impact ◽  
The Relationship

Purpose The purpose of this paper is to examine the impact of real effective exchange rates (REER), both in terms of levels and volatility, on the export performance of India’s sub-national economies, given the recent slowdown in India’s exports. Design/methodology/approach India’s export distribution is highly asymmetric, with 90 percent of India’s exports concentrated in 11 sub-national economies. Exploiting this concentration, this paper constructs a panel data set using available data between 2002 and 2014 to understand the relationship between REER and exports from the top exporting cluster. Moreover, the paper constructs a sub-national competitiveness index to capture the supply capacity of the states. Findings The empirical findings of this paper reveal that a higher REER volatility deters exports and movements in REER do not matter as much as volatility. The most significant finding of the paper is that state competitiveness is the most crucial factor affecting trade. Therefore, policy makers at the state level must lay more emphasis on the supply side such as addressing logistical bottlenecks to help revive exports growth. Originality/value This study makes a departure from the plethora of extant aggregate-level studies by examining the relationship between REER and exports at the sub-national level for India. Considering the highly skewed distribution of India’s exports, the study provides important insights into the exporting patterns and determinants that are at play at the sub-national level.

Study of managers in Pakistani food and beverage company shows how “authentic leadership” enhances employees' career success

2019 ◽  
Vol 28 (1) ◽  
pp. 25-26
Keyword(s):  
Self Efficacy ◽  
Career Success ◽  
Authentic Leadership ◽  
Career Satisfaction ◽  
Significant Finding ◽  
Full Time ◽  
Content Type ◽  
Food And Beverage ◽  
New Perspective ◽  
Hierarchical Status

Purpose The authors wanted to find out if authentic leadership had an effect on career success. Design/methodology/approach The author tested hypotheses on full-time employees and received 162 valid questionnaires. Findings The results showed that authentic leadership was positively correlated with career self-efficacy and that career self-efficacy was positively associated with both career satisfaction and hierarchical status. The results also suggested that the “direct path from authentic leadership to hierarchical status was not significant”. Meanwhile, results showed that career self-efficacy was necessary to fully mediate the relationship between authentic leadership and hierarchical status. The results also showed that career self-efficacy only partially mediated the effects on career satisfaction. Originality/value The author felt his study made a valuable contribution because it offered a new perspective on career satisfaction that expanded the literature. The analysis of career self-efficacy as a mediating mechanism was another significant finding.

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