Search results for "Management Science"
showing 10 items of 1017 documents
Special Issue: Enhancing Sustainable Performance in Organizational and Inter-Institutional Systems
2013
Sustainability is not just for Christmas… it’s for life. Sustainable solutions, whether sought in terms of business strategies, social policies, or the exploitation of natural resources have to serve organizations and communities in the long term, sometimes very long term, as well as the short term. Static analysis is unlikely to be able to evaluate candidate solutions fully, and is more likely to focus on the short-term future to the detriment of the longer-term. Sustainable solutions are more likely to be developed from studies based on deep analysis using systems approaches, and from system dynamics (SD) approaches in particular.
The price of multiobjective robustness : Analyzing solution sets to uncertain multiobjective problems
2021
Defining and finding robust efficient solutions to uncertain multiobjective optimization problems has been an issue of growing interest recently. Different concepts have been published defining what a “robust efficient” solution is. Each of these concepts leads to a different set of solutions, but it is difficult to visualize and understand the differences between these sets. In this paper we develop an approach for comparing such sets of robust efficient solutions, namely we analyze their outcomes under the nominal scenario and in the worst case using the upper set-less order from set-valued optimization. Analyzing the set of nominal efficient solutions, the set of minmax robust efficient …
A real options game of alliance timing decisions in biopharmaceutical research and development
2017
Abstract In this article we examine the alliance timing trade-off facing both pharmaceutical and biotech firms in a stochastic and competitive environment. Specifically, we introduce a real options game (ROG), where a pharmaceutical company can choose between two competing biotech firms by sequentially offering a licensing deal early or late in the new drug development process. We find that, when the alliance raises the drug market value significantly, the agreement is signed late in the drug development process. This suggests that the postponement effect implied by the use of real options prevails over the biotech firms’ competition effect, which would instead play in favor of an early agr…
Economic reasoning and creative industries progress
2017
ABSTRACTThis article offers a theoretical discussion on how major neoclassical economic theory assumptions blur the understanding of creative industries. By distinguishing between creative-rational and creative-intuitive industries, with different compositions of commercial and cultural attributes, we particularly show how the latter sector has characteristics and dynamics that are incompatible with a theory based on preference rationality, profit maximisation and equal access to information among actors. When customer utility is composed of economic, as well as aesthetic, spiritual, social, historical, symbolic and authenticity values, then all these will affect customers' willingness to p…
Teaching Green Analytical and Synthesis Chemistry: Performing Laboratory Experiments in a Greener Way
2019
Our future challenges in resource, environmental and societal sustainability demand efficient and benign-by-design scientific technologies for working with chemical processes and products. In this chapter, we have considered the major aspects of green analytical and synthetic chemistry as a new paradigm and its integration with higher education course curriculum. Teaching green analytical chemistry must be focused on analytical parameters and practices more than on the incorporation of the so-called green parameters to the basic analytical properties. Thus accuracy, representativeness, traceability, sensitivity and selectivity in the renewed paradigmatic chemistry have been complemented and…
Resilience in Organizations and Societies: The State of the Art and Three Organizing Principles for Moving Forward
2021
AbstractResilience has attracted a multitude of scholars from diverse backgrounds and disciplines as it is a desired feature for responding to the adversities that modern societal systems face, not least the Covid-19 pandemic. Existing research displays little convergence on the definition of the concept making a robust theoretical framework and empirical understanding of resilience highly desirable. The aim of this chapter is to provide a more holistic understanding of the complex phenomenon of resilience from a multi-sectorial, cross-national and multidisciplinary perspective by proposing an original approach into the state of the art that might enhance future research. This chapter ident…
Is experience a useful resource for business model innovation?
2016
ABSTRACTBusiness model innovation has been proposed as a powerful strategic tool, able to offer competitive advantage, create markets and even reshape industries. Despite these powerful effects, little research has been conducted into studying and improving business model generation methods, and even less study has gone into analysing how to define new business models that can exert a disruptive effect on markets and industries. Our work tries to fill this gap, analysing whether experience encourages or discourages the generation of disruptive business models. An empirical analysis was carried out using an experimental methodology. The results seem to contradict the currently dominant Resou…
The role of internal resources in the competitive positioning of Sicilian wine cooperatives
2019
The paper is an original article that uses accounting frameworks to determine what creates a competitive advantage in a cooperative business model. In particular, it investigates the influence of tangible, intangible and financial resources on the business performance of cooperatives operating in the Sicilian wine industry, with the RBV of the firms as a theoretical background. Using a linear regression model, our results show that tangible and financial resources are a source of a sustained competitive advantage. This study fills the gap existing in the strategic management literature related to the role of resources, tangible and intangible, in the cooperative system, providing both theor…
Cartilage Repair and Regeneration: Focus on Multi-Disciplinary Strategies—Highlight on Magneto-Responsive Techniques
2021
This editorial focuses on the interesting studies published within the present Special Issue and dealing with the innovative multi-disciplinary therapeutic approaches for musculoskeletal diseases. Moreover, it highlights the noteworthy magneto-responsive technique for a cartilage regeneration scope and reports some interesting studies and their outcomes in this specific field.
CEGUERA AL PATROCINADOR: APLICACIÓN A CARTELES DE EVENTOS DEPORTIVOS
2018
Advertising posters in sports sponsorship are versatile marketing tools with significant media impact and high visibility. However, the academic literature on the impact of advertising posters in this field is scarce. The purpose of this research is to measure the spontaneous recall of and attention toward business brands sponsoring sports events while assessing their location and congruence level. The sample was segmented according to gender. The experiment involved 12 stimuli related to three sporting disciplines corroborating the issue of media blindness with respect to advertising posters. Consistent with the placement theory, we found that the position of the sponsoring brand affecte…