The rise of P2P ecosystem: a service logics amplifier for value co-creation

2017 ◽  
Vol 29 (6) ◽  
pp. 863-880 ◽  
Author(s):  
Cristina Simone ◽  
Antonio La Sala ◽  
Marta Maria Montella
Keyword(s):  
Knowledge Integration ◽  
Analytical Framework ◽  
Peer Production ◽  
Benefit Analysis ◽  
Net Benefit ◽  
Content Type ◽  
Extant Literature ◽  
Organizational Perspective ◽  
Adoption And Diffusion ◽  
Distributed Technologies

Purpose The purpose of this paper is to examine peer production (P2P) conceived as an ecosystem for value co-creation. First, this paper provides information on the specific P2P method for value co-creation, which is based on distributed technologies, cognitive slack and search for quality, to provide outputs that are open to continuous improvement. Second, aiming to fill the extant literature gap, this paper discusses the efficient dimension of P2P, providing a framework for the net benefit analysis of the economies and diseconomies that affect the value co-creation processes. Design/methodology/approach The paper identifies three main literature clusters that are focused on P2P, namely, economical, sociological and organizational clusters, and integrates them with the economics of organizational perspective to elicit information on the efficient dimension of P2P. This efficient dimension is expressed by a net benefit analysis of the economies and diseconomies that affect the P2P value co-creation processes. Findings The P2P ecosystem is characterized by the intensive interaction among cognitive slack and distributed technologies. This complex interaction presents interesting implications in terms of efficiency that, until now, have not been analyzed in the literature. Aiming to fill the extant literature gap, this paper provides a consistent analytical framework that simultaneously takes into account the economies of knowledge integration and potential diseconomies, that is, the costs of coordination and loss of control that arise from the adoption and diffusion of distributed technologies. Originality/value This paper provides an original explanation of P2P as an emergent ecosystem that serves as a service logics amplifier of value co-creation. In this regard, analysis of the key features of P2P not only sheds new light on P2P, but also allows for the reflection on the ecosystem’s framework, which promotes a virtuous interaction between the conceptual speculation and understanding of reality. Moreover, the proposed framework for the net benefit analysis of the P2P value co-creation model draws the attention of managers and decision makers as they consider the following issue: value co-creation jointly considers not only its benefits, but also its associated costs.

The economies (and diseconomies) of distributed technologies

Kybernetes ◽  
2017 ◽  
Vol 46 (5) ◽  
pp. 767-785 ◽  
Author(s):  
Sergio Barile ◽  
Cristina Simone ◽  
Mario Calabrese
Keyword(s):  
Knowledge Integration ◽  
Analytical Framework ◽  
Loss Of Control ◽  
Content Type ◽  
Organizational Perspective ◽  
Consistent Model ◽  
Adoption And Diffusion ◽  
The One ◽  
And Diffusion ◽  
Distributed Technologies

Purpose This paper aims to focus on distributed technologies with the aim of highlighting their economic-organizational dimensions. In particular, the contribution first presents a deeper understanding of the nature and the dynamics of the economies and diseconomies that arise from the adoption and diffusion of distributed technologies. Second, it aims to shed light on the increasing tension between the hierarchy-based model of production and peer-to-peer (p2p) production, which involves the pervasive diffusion of distributed technologies. Design/methodology/approach Adopting an economic-organizational perspective, which is deeply rooted in the related extant literature, an analytically consistent model is developed to simultaneously take into account the following variables: adoption density independent variable) and economies of knowledge integration and organizational diseconomies (the costs of a loss of control and the costs of organizational decoupling and recoupling) as dependent variables. Findings Distributed technologies allow access to a large quantity and a wide variety of cognitive slacks that have not been possible until now. In doing so, they are leading the transition towards p2p. This is an emerging production paradigm that is characterized – with respect to mass production – by a shift in the relative importance of cognitive slack in comparison with tangible slack. Nevertheless, the unrestrainable diffusion of distributed technologies is not neutral for organizations. On the one hand, these technologies allow for the integration of economies of knowledge, and on the other hand, they involve organizational diseconomies that should not be ignored by managers and researchers. Originality/value This paper fills a gap in the literature by developing a consistent analytical framework that simultaneously takes into account the economies of knowledge integration and potential organizational diseconomies (the costs of coordination and the loss of control) that arise from the adoption and diffusion of distributed technologies.

From low tech to modern industry

2014 ◽  
Vol 5 (3) ◽  
pp. 247-264 ◽  
Author(s):  
Tian Tian He ◽  
Hao Hu ◽  
Yi Tao Wang
Keyword(s):  
Design Methodology ◽  
Knowledge Integration ◽  
Guangdong Province ◽  
Analytical Framework ◽  
System Innovation ◽  
Modern Sector ◽  
Content Type ◽  
Evolution Path ◽  
The World ◽  
Modern Industry

Purpose – The aim of this paper was to attempt to investigate the transformation of traditional Chinese medicine (TCM) industry in Guangdong Province of China by applying a perspective of sectoral system of innovation (SSI). TCM industry in China has experienced an evolution path from low-tech to modern industry. Design/methodology/approach – An analytical framework of sectoral system innovation for explaining the change in TCM industry in Guangdong Province has been conducted. Findings – It shows that during the successful transformation of the TCM industry in Guangdong from low-tech to modern sector, national and provincial institution are acting as main drivers. Knowledge integration is the decision factor of modernization and innovation strategy as an actor that makes the transformation adjust and operate efficiently. Other actors, such as demand and external networks interplay together and led to a gradual organizational, structural and institutional change and modernization of TCM industry. Originality/value – SSI analyses of TCM in China have never been conducted before, this paper also contributes to enrich the experience of low-tech industry transformation and provide references to other low-tech industries around the world.

Insights into the adoption of social media mashups

2014 ◽  
Vol 24 (2) ◽  
pp. 160-180 ◽  
Author(s):  
Wu He ◽  
Shenghua Zha
Keyword(s):  
Social Media ◽  
Organizational Context ◽  
Current Status ◽  
Content Type ◽  
Organizational Environments ◽  
Organizational Perspective ◽  
Starting Point ◽  
The Usa ◽  
Adoption And Diffusion ◽  
And Diffusion

Purpose – The existing mashup literature paid little attention to the actual adoption and diffusion of mashups in an organizational context. As more and more organizations are engaged in mashup initiatives, more research efforts focussing on the mashup use and adoption issues from the organizational perspective are needed to ensure that organizations can receive the maximum benefits from their mashup initiatives. Two studies are conducted to increase the understanding of the use and adoption issues with social media mashups. The paper aims at discussing these issues. Design/methodology/approach – The paper first used a text mining approach to analyze relevant posts on blogs and messages in a major online mashup forum in order to understand the current status of social media mashup as well as representative themes and issues with social media mashups in general. Subsequently, the paper reviewed a number of social media mashup sites created by higher education institutions (HEIs) in the USA. Findings – The paper identified some representative themes and issues with social media mashups in general. The paper also identified the approaches that were used to design the interface of social media mashup sites by HEIs. Based on the two studies, this paper provides recommendations and insights to guide social media mashup development and adoption in an organizational context. Originality value – This is the first article to discuss the use and adoption of social media mashups in organizational environments. This paper can be used as a starting point to motivate other researchers to further explore the diffusion of social media mashups in different industries. This paper also helps organizations improve their social media mashup initiatives.

scholarly journals Development and validation of a clinical prediction rule for development of diabetic foot ulceration: an analysis of data from five cohort studies

2021 ◽  
Vol 9 (1) ◽  
pp. e002150
Author(s):  
Francesca M Chappell ◽  
Fay Crawford ◽  
Margaret Horne ◽  
Graham P Leese ◽  
Angela Martin ◽  
...  
Keyword(s):  
Cohort Studies ◽  
Secondary Care ◽  
Prediction Rule ◽  
Clinical Prediction Rule ◽  
Initial Assessment ◽  
Validation Dataset ◽  
Benefit Analysis ◽  
Clinical Prediction ◽  
Net Benefit ◽  
Foot Ulceration

IntroductionThe aim of the study was to develop and validate a clinical prediction rule (CPR) for foot ulceration in people with diabetes.Research design and methodsDevelopment of a CPR using individual participant data from four international cohort studies identified by systematic review, with validation in a fifth study. Development cohorts were from primary and secondary care foot clinics in Europe and the USA (n=8255, adults over 18 years old, with diabetes, ulcer free at recruitment). Using data from monofilament testing, presence/absence of pulses, and participant history of previous ulcer and/or amputation, we developed a simple CPR to predict who will develop a foot ulcer within 2 years of initial assessment and validated it in a fifth study (n=3324). The CPR’s performance was assessed with C-statistics, calibration slopes, calibration-in-the-large, and a net benefit analysis.ResultsCPR scores of 0, 1, 2, 3, and 4 had a risk of ulcer within 2 years of 2.4% (95% CI 1.5% to 3.9%), 6.0% (95% CI 3.5% to 9.5%), 14.0% (95% CI 8.5% to 21.3%), 29.2% (95% CI 19.2% to 41.0%), and 51.1% (95% CI 37.9% to 64.1%), respectively. In the validation dataset, calibration-in-the-large was −0.374 (95% CI −0.561 to −0.187) and calibration slope 1.139 (95% CI 0.994 to 1.283). The C-statistic was 0.829 (95% CI 0.790 to 0.868). The net benefit analysis suggested that people with a CPR score of 1 or more (risk of ulceration 6.0% or more) should be referred for treatment.ConclusionThe clinical prediction rule is simple, using routinely obtained data, and could help prevent foot ulcers by redirecting care to patients with scores of 1 or above. It has been validated in a community setting, and requires further validation in secondary care settings.

The distributive knot: negotiators’ responsibility to untie complex demands

2017 ◽  
Vol 32 (4) ◽  
pp. 535-540 ◽  
Author(s):  
Alain Lempereur ◽  
Michele Pekar
Keyword(s):  
Demand Response ◽  
Automotive Industry ◽  
Design Methodology ◽  
Analytical Framework ◽  
Content Type ◽  
Business System ◽  
Response Dynamic ◽  
Managerial System ◽  
Deal Making ◽  
Different Levels

Purpose This article aims to explore the fundamental negotiation structure as a demand/response dynamic. It tests it in a complex business system, where a manager as a negotiator is confronted with multiple demands or pressures at different levels from a variety of stakeholders, both external and internal. Design/methodology/approach Based on concrete examples from the automotive industry, it presents an analytical framework to tackle all negotiation interactions. Findings This article suggests that it is possible to describe all negotiation interactions, whether they are simple or complex, through a demand/response framework. Originality/value This contribution examines a fundamental structure for negotiation responsibility – the demand/response dynamic – defining the mission of any negotiator in deal-making or dispute resolution as to try to supply a response to the expressed crossed demands. Second, the proposed theoretical model of demand/response is transposed and tested in a managerial system where a sales negotiator is confronted with demands from more sources, both external and internal, with the responsibility to satisfy as best as possible the various stakeholders and the capacity to address each of them with different moves.

Disharmony in New Harmony: insights from the narcissistic leadership of Robert Owen

2016 ◽  
Vol 22 (2) ◽  
pp. 146-170 ◽  
Author(s):  
John H. Humphreys ◽  
Milorad M. Novicevic ◽  
Mario Hayek ◽  
Jane Whitney Gibson ◽  
Stephanie S. Pane Haden ◽  
...  
Keyword(s):  
Social Exchange ◽  
Design Methodology ◽  
Process Model ◽  
Historical Case ◽  
Content Type ◽  
Extant Literature ◽  
Process Framework ◽  
Paradigmatic Analysis ◽  
New Harmony ◽  
History Approach

Purpose The purpose of this study is to narratively explore the influence of leader narcissism on leader/follower social exchange. Moreover, while researchers acknowledge that narcissistic personality is a dimensional construct, the preponderance of extant literature approaches the concept of narcissistic leadership categorically by focusing on the reactive or constructive narcissistic extremes. This bimodal emphasis ignores self-deceptive forms of narcissistic leadership, where vision orientation and communication could differ from leaders with more reactive or constructive narcissistic personalities. Design/methodology/approach The authors argue that they encountered a compelling example of a communal, self-deceiving narcissist during archival research of Robert Owen’s collective experiment at New Harmony, Indiana. To explore Owen’s narcissistic leadership, they utilize an analytically structured history approach to interpret his leadership, as he conveyed his vision of social reform in America. Findings Approaching data from a ‘history to theory’ perspective and via a communicative lens, the authors use insights from their abductive analysis to advance a cross-paradigm, communication-centered process model of narcissistic leadership that accounts for the full dimensional nature of leader narcissism and the relational aspects of narcissistic leadership. Research limitations/implications Scholars maintaining a positivist stance might consider this method a limitation, as historical case-based research places greater emphasis on reflexivity than replication. However, from a constructionist perspective, a focus on generalization might be considered inappropriate or premature, potentially hampering the revelation of insights. Originality/value Through a multi-paradigmatic analysis of the historical case of Robert Owen and his visionary communal experiment at New Harmony, the authors contribute to the extant literature by elaborating a comprehensive, dimensional and relational process framework of narcissistic leadership. In doing so, the authors have heeded calls to better delineate leader narcissism, embrace process and relational aspects of leadership and consider leader communication as constitutive of leadership.

Internationalization of emerging multinationals: the Latin American case

2014 ◽  
Vol 26 (6) ◽  
pp. 588-602 ◽  
Author(s):  
Mauricio Losada-Otálora ◽  
Lourdes Casanova
Keyword(s):  
Latin American ◽  
Global Economy ◽  
Secondary Data ◽  
Developed Countries ◽  
Analytical Framework ◽  
Content Type ◽  
Emerging Multinationals ◽  
Internationalization Strategies ◽  
American Case ◽  
Key Resources

Purpose – The purpose of this paper is to develop an analytical framework that challenges the condescending view of multinationals of emerging countries. In this paper, it is showed that emerging multinational companies (EMNCs) developed valuable resources that leveraged their internationalization strategies. Design/methodology/approach – An exploratory approach was used to investigate the internationalization strategies of EMNCs. A qualitative study was built on secondary data sources, particularly analysis of cases of the internationalization of Latin American companies. Findings – The internationalization strategies deployed by EMNCs are similar to the strategies of traditional multinationals (firms of developed countries). Similarly, EMNCs exploit, acquire or defend their resources in foreign markets. Additionally, the selection of each strategy depends on the availability, transferability and substitutability of the resources involved in the internationalization. Research limitations/implications – The traditional approaches that study the role of resources in the internationalization of the EMNCs have some shortcomings. It is worth conducting additional research including the approach developed here to advance in the comprehension of the behavior of EMNCs. Practical implications – Managers must identify and develop key resources to invest abroad. Additionally, managers need to take into account the characteristics of the resources of their firms to select an adequate strategy abroad. Originality/value – This paper shows that EMNCs are not resource laggards. Consequently, theoretical and empirical evidence is provided to advance the development of comprehensive theories of the internationalization of EMNCs. This paper offers academics and practitioners with a new focus to analyze the internationalization of EMNCs which are recognized as a driving force of the global economy.

The January effect anomaly: effect on the returns-earnings association

2015 ◽  
Vol 30 (2) ◽  
pp. 114-146
Author(s):  
Kathryn E. Easterday
Keyword(s):  
Firm Value ◽  
Analytical Framework ◽  
January Effect ◽  
Accounting Earnings ◽  
Content Type ◽  
Quarterly Earnings ◽  
Market Inefficiency ◽  
Model Coefficient ◽  
Investor Trading ◽  
Pricing Anomaly

Purpose – The purpose of this paper is to examine the January effect, a well-documented capital markets pricing anomaly in which January return premiums are observed to be on average higher than in other months of the year. Extant literature focusses primarily on investor trading behaviors and incentives. This study is different in that it investigates the link between the unusually high returns characteristic of the January effect and accounting earnings, a popular measure that investors use to judge firm value. Design/methodology/approach – The empirical model used in this study is derived from the analytical framework of Ohlson (1995) and Feltham and Ohlson (1995), which explains returns as a function of current and future accounting earnings. Isolating firms that exhibit January effect return premiums from those that do not offers a deeper look at the characteristics of the anomaly. Regression analyses are carried out using a modified Fama-MacBeth (1973) methodology. Quarterly earnings and returns data are drawn from Compustat and CRSP. Findings – The main finding is that the association between January returns and first quarter earnings is unexpectedly and significantly negative, not positive as predicted by the model. Coefficient signs for the other three quarters behave as expected. Additional analyses highlight a difference in the returns-earnings association between firms affected by the anomaly and those that are not. Robustness checks indicate that the findings are not spurious. Originality/value – Rather than applying trading or multifactor economic models that rely on some level of market inefficiency or irrational investor behavior, this study uses an accounting valuation approach that relies on neither. The unexpected negative association between January effect returns and earnings suggests that other factor(s) besides earnings may play into valuation judgments for investors in such firms, and invites further research.

Finding beneficiaries: trade adjustment assistance system in South Korea

2017 ◽  
Vol 16 (2) ◽  
pp. 92-105 ◽  
Author(s):  
Joon-heon Song
Keyword(s):  
South Korea ◽  
Analytical Framework ◽  
Policy Preferences ◽  
Trade Adjustment Assistance ◽  
Content Type ◽  
South Korean ◽  
Policy Failure ◽  
Short Period ◽  
Trade Adjustment ◽  
The Government

Purpose The purpose of this study is to explore the essential cause for the policy failure of Trade Adjustment Assistance (TAA) in South Korea. Design/methodology/approach To substantiate the claims made for the failure of the policy, this paper focuses on the differences in policy preferences among the government ministries and agencies involved in TAA. Findings The failure in the TAA policy, according to this study, was attributed to the conflicts and miscoordination arising from the differences in policy preferences among government ministries and agencies. To rectify this failure, the South Korean government had to revise its laws and regulations several times over a short period. Originality/value Drawing on the analytical framework of the literature on policy failure, this paper examines the causal relationships between outcomes of TAA policy and the conflicts or miscoordination among government bodies at each stage: initiatives and planning, implementation and operation of the policy.

scholarly journals Signs and wonders

2015 ◽  
Vol 39 (4) ◽  
pp. 298-314 ◽  
Author(s):  
Simon Smith ◽  
Peter Stokes
Keyword(s):  
Design Methodology ◽  
Frontline Employees ◽  
Content Type ◽  
Extant Literature ◽  
Beneficial Effects ◽  
The Uk ◽  
The Impact

Purpose – This paper aims to examine and assess the reputational impact of the logo and symbols of the UK Standard Investors in People (IiP). The extant literature highlights differing opinions in terms of the likely benefits that IiP generates following achievement of the Standard. This paper focuses specifically on the perceptions of reputational claims made regarding existing employees, potential employees and customers. Design/methodology/approach – The debate is explored through 38 interviews using the perceptions of managers and frontline employees within six IiP-accredited firms and one non-accredited firm. Findings – The study indicates that the logo and symbols of the Standard have minimal meaning and significance for the interviewees and their outlook on potential employees and customers. There were some indications, however, that the wider reputational implications of carrying the logo may have some potentially beneficial effects. Originality/value – The paper concludes that the overarching findings present a potentially serious issue for IiP, and that there is a need to understand further the impact and value of the logo and symbols.

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