Search results for "Market"
showing 10 items of 5046 documents
Rejoinder: fractures in the edifice of PLS
2023
Purpose This study aims to provide a response to the commentary by Yuan on the paper “Marketing or Methodology” in this issue of EJM. Design/methodology/approach Conceptual argument and statistical discussion. Findings The authors find that some of Yuan’s arguments are incorrect, or unclear. Further, rather than contradicting the authors’ conclusions, the material provided by Yuan in his commentary actually provides additional reasons to avoid partial least squares (PLS) in marketing research. As such, Yuan’s commentary is best understood as additional evidence speaking against the use of PLS in real-world research. Research limitations/implications This rejoinder, coupled with Yuan’s comm…
Intellectual property rights and economic growth
2015
Striving for greater economic growth, requires a great understanding of the underlying factors. One of the factors may be the intellectual property rights and the level of its protection. Whether it is and how does it behave are the questions answered by this thesis. The theoretical framework comes mainly from the Schumpeterian growth model. The empirical methodology uses GMM in order to obtain reliable results. The level of intellectual property rights protection in the country does seem to have a positive effect on the country’s growth rate. Furthermore it seems that the relation is non-linear: The incremental changes are different between low and high starting levels of the IPR protectio…
Kriptogrāfisko valūtu ietekme uz starptautisko ekonomiku
2018
Mūsdienu pasaulē jau ir aptuveni tūkstotis dažādu kriptogrāfisko valūtu, no kurām populārākā ir bitkoins. Pieprasījums pēc šīs valūtas ir pieaudzis rekordlielā ātrumā un joprojām nav nokrities līdz tādiem skaitļiem, kādi bija pašā bitkoinu sākumā. Kriptogrāfiskās valūtas piesaista lielu uzmanību un lielākā daļa cilvēku mēģina izprast, kā tās darbojās. Pastāv daudzi viedokļi par kriptogrāfiskajām valūtām: 1. Kriptogrāfiskās valūtas noteikti mainīs pasauli. 2. Kriptogrāfiskajai valūtai piemīt burbuļa efekts un tuvākajā nākotnē tā pazudīs. 3. Kriptogrāfiskās valūtas ir jauns naudas veids, kurš sniedz dažādas priekšrocības tās lietotājiem. Gandrīz visas kriptogrāfiskās valūtas darbojās ar blokķ…
ANALYSIS OF ENTREPRENEUR’S MOTIVATION TO START BUSINESS (COMPARATIVE STUDIES IN LATVIA IN COMPARISON WITH CANADA, USA, MEXICO)
2014
Business start is important issue from government policy side as well as it has interests of academic researchers worldwide. Researcher attention is paid on decision to start or not to start business (Townsend, et al, 2010), on issues on business takeover or new venture start (Parker, et al, 2012), different approaches in business start – up are analysed (Chwolka and Raith, 2012), there are made evaluations of different research conducted in this area during half a decade (Lambert and Davidson, 2013), made comparisons and cross – country investigations (Clerq, et al, 2012), made different kinds of forecasts (Cassar, 2014). Researchers are interested in performance expectations of entreprene…
The effect of default options on choice—Evidence from online product configurators
2011
Many firms use product configurators to enable customers to specify their desired products online. In such systems, defaults are pre-specified for levels of product features by the manufacturer or dealer. For example, when configuring a racing bike online, a default is predefined (e.g., the Shimano Ultegra model) for all required features (e.g., the gearshift levers). Such defaults, which may even adapt to previous choices, ensure that a functional and fully defined product emerges at the end of the configuration process. However, when designing sales systems, companies often fail to realize that these defaults also affect customer decision-making. We demonstrate the effect by a study that …
Causes for complaining behaviour intentions: the moderator effect of previous customer experience of the restaurant
2010
PurposeThe purpose of this paper is to examine the main causes for complaining behaviour intentions expressed in three dimensions: private response, complaining response and complaining to third parties. The objectives are, first to study the direct influence of a set of antecedents and complaining behaviour intentions and second, to analyse the moderator effect of previous restaurant experience on subsequent relations.Design/methodology/approachA quantitative research method was used based on a self‐administered ad‐hoc questionnaire on a sample of 388 individuals who remembered an unsatisfactory experience in a restaurant.FindingsThe results show that the following variables have significa…
Pathways of Innovation: The I-District Effect Revisited
2018
The I-district effect establishes the existence of dynamic efficiency in Marshallian industrial districts in the form of a positive innovative differential comparing to the average of the economy. The hypothesis has been empirically validated for the case of technological innovation using patent indicators. Empirical research has assumed that all types of patentable figures (utility models, national patents, EPO, WIPO) have the same weight regardless of its actual or expected market value, which may be questionable given the differences in coverage, protection and cost of each figure. In this article, we question the existence of the I-district effect when each patent is weighted by its exp…
Consumer Awareness and the Use of Payment Media: Evidence from Young Finnish Consumers
2008
In the market for payment media, some consumers use only one medium when paying for their point-of-sale transactions, while others use many. This pattern reflects the diffusion of new payment media, because a payment method innovation is typically first used simultaneously with the established methods. We study the use of multiple payment media by employing data on young Finnish consumers. We find that the use of multiple payment media is directly related to consumer awareness and that not controlling for the endogeneity of awareness can bias its effect downwards. These results suggest that increasing consumer awareness may have been underlying the rise of debit card use around the world. I…
Multinationality, foreignness and institutional distance in the relation between R&D and productivity
2012
Abstract This paper empirically examines to what extent being foreign and part of a multinational affects the endogenous relation between R&D and productivity. Our findings indicate that multinationals obtain in general higher R&D returns. Also, there is a negative foreignness effect in that domestic-owned multinationals outperform foreign subsidiaries. However, these effects are somehow moderated by the institutional distance between the home and host countries. These results, obtained for a panel of UK firms, are largely consistent with a set of hypotheses derived from the institutional and international business theories.
Foreign institutional investors and dividend policy: Evidence from China
2017
Abstract This study examines whether foreign institutional investment influences firms’ dividend policies. Using data from all domestically listed nonfinancial firms in China during the period of 2003–2013, we find that foreign shareholding influences dividend decisions and vice versa. Furthermore, changes in dividend payments over time positively affect subsequent changes in foreign shareholding, but the opposite is not true. Our study indicates that foreign institutional investors do not change firms’ future dividend payments once they have made their investment choices in China. Moreover, they self-select into Chinese firms that pay high dividends. Our evidence suggests that in an instit…