Articles tagged with Business
Researchers argue that people with dyslexia have specific strengths in exploring the unknown, which has contributed to their successful adaptation and survival as a species. This 'explorative bias' plays a crucial role in our ability to adapt to changing environments.
A new study found that teams with stable hierarchies exhibit cooperative speaking patterns, while unstable or unspecified hierarchies lead to competitive interruptive patterns. Team gender composition also plays a role, with majority-female teams benefiting from cooperative patterns and all-male teams from competitive patterns.
The Impact Acceleration Account supports critical early-stage translation of UK research to transform public services, create new businesses, and jobs. The programme provides funding to unlock the value of UK research, including commercialisation of new technologies.
A new analysis suggests that BP's reputation declined after the 2010 Deepwater Horizon accident, but its long-term stock market returns were not significantly affected. The study found no decline in the reputations or stock prices of other oil firms.
Researchers analyzed over 11,000 venture-backed startups and found that prior collaboration between venture capitalists predicts exit type, with firms with co-invested VCs more likely to be acquired. Conversely, those without prior collaborations are more likely to go public.
Researchers found that increasing the influencer marketing budget increases consumer engagement, but firms are allocating budgets sub-optimally. Selecting influencers who post original content and have more followers leads to greater effectiveness.
Research finds that business-case justifications for diversity can undermine belonging among LGBTQ professionals, female STEM-job seekers, and Black students. Fairness-case explanations may also induce social identity threat, although to a lesser extent.
Researchers developed an algorithm to improve matching efficiency, considering user preferences and behavior. The new algorithm shows improved results in field experiments, with at least 27% more matches than the current one.
A Rutgers study finds that negative feedback can make experts more precise in their predictions, but also lead to overconfidence and decreased learning from mistakes. Experts are more likely to double down on incorrect decisions after being corrected, while novices learn from negative feedback.
A study by the University of Texas at Austin found that countries with strong rule of law have less economic volatility and higher productivity. Weak rule of law leads to poor contract enforcement, causing employee morale to suffer, ultimately sparking churn and economic instability.
The University of Jyväskylä's SAFE Project aims to replace insecure passwords with a more secure authentication method. The project, funded by Business Finland, has global market potential and promises seamless access to all systems worldwide.
Research from the University of Washington found that narcissistic executives can prevent knowledge sharing among business units, despite boosts to performance. Narcissists overestimate internal knowledge value and underestimate external ideas.
Research by Cornell University found that women directors employ various tactics to manage the 'double bind' of expectations for warmth and competence. These tactics include diversifying conversations, clarifying perspectives, and amplifying their expertise to achieve specific aims.
A new study published in the Journal of Marketing finds that requesting customers to rate service professionals first can lead to smaller tips, whereas asking customers to tip first does not influence subsequent rating scores. This research has important implications for firms and managers, suggesting that they should consider asking c...
A new project led by University of Illinois professor Jingrui He seeks to detect and predict insider threats in large organizations. The team will use multimodal data to identify outliers and rare category types of insider threats and propose dynamic update techniques.
Wealthy individuals are more likely to purchase unsustainable products with higher price tags, feeling entitled to the benefits despite environmental costs. However, when encouraged to think about equality, this effect is diminished.
Researchers found that tension and lack of it have a significant impact on surgical performance, with shared past successes priming teams for better collaboration
A new paper outlines a universal protocol for secure cryptocurrency exchanges, addressing issues of honesty, privacy, and third-party reliance. The protocol ensures honest swaps across all current and future cryptocurrencies, with no need for specialized features or high computing power.
A novel contract proposed by UTD researchers could help alleviate key sources of conflict between restaurants and food-delivery platforms. The study found that standard contractual relationships have two key issues: simple revenue sharing and strain on restaurant operations.
A study by Thorsten Lehnert reveals that price noise from trading activities of mutual funds explains the success of 'bets against beta' strategies. These strategies, which involve taking short positions in assets with higher betas and long positions in those with lower betas, result in significant positive returns.
A new study by Xi'an Jiaotong-Liverpool University finds that upscale hotels in Texas benefit most from hosting Tesla charging stations between 2015-2018. The study suggests that the benefits are due to brand alignment and the presence of nearby tourist attractions, which attract customers seeking charging services.
A study finds that an acquisition by an alliance partner can either destroy or create alliance value depending on the business similarity between the firm and acquired company. The strength of the relation between the firms also plays a crucial role in determining the outcome.
Researchers examine the role of Machiavellianism in alliance partnerships, finding it harms performance by weakening collaborative learning and increasing power use. However, situational knowledge can mitigate these effects, and firms may benefit from partnering with a Machiavellian partner if they offer a good fit of capabilities.
The pandemic has led to increased adoption of virtual meeting platforms like Zoom, affecting team trust and knowledge sharing. This can result in time and cost over-runs or negatively impact work quality.
A study by MIT economists finds that immigrants are 80% more likely to found a firm than native-born citizens. Immigrant-founded firms also have 1% more employees on average, contributing to a net gain in job availability. This challenges the common perception that immigrants fill jobs taken by U.S.-born workers.
Institutional landlords have raised rent prices in neighborhoods where they own properties, but also improved neighborhood quality and safety. However, these improvements come at a cost to affordability, as rents increased by an average of 0.51% in overlapped neighborhoods.
The study proposes four types of firms: craft specialists, craft generalists, commercial specialists, and commercial generalists. Craft specialists focus on aesthetic perfection, while commercial firms prioritize profit maximization. The article highlights the intersection of these goals in various industries, including coffee.
A new study explores how firms' organizational identity orientations shape interactions with external parties. Firms with mismatched identities may experience friction, leading to conflict or relationship breakdown. Researchers propose conducting systematic identity assessments to resolve these issues.
A UTD professor's study found that men's rudeness toward others, including women, can obscure the recognition of sexism. The study suggests that a perception of gender blindness can lead observers to view the perpetrator as not sexist, even when they are displaying sexist behavior.
A new study finds that generalist stores experience a 3% decline in organic product sales after an organic specialist store enters the market. However, this impact can be mitigated by increasing organic product variety, focusing on premium products, and adopting an organic specialist brand.
A new study by Aston University reveals that Small and Medium Sized Enterprises (SMEs) can improve their sustainability performance by adopting circular economy practices. The research found that SMEs in all participating countries are likely to achieve higher environmental performance through CE adoption, with products, processes, and...
Researchers have developed an eco-friendly and reusable solution for removing toxic synthetic dyes from wastewater using nanocomposite-based hydrogels. The new material, made from carboxymethyl cellulose (CMC) and graphene oxide, demonstrates high adsorption capacities and retains its effectiveness even after multiple cycles of use.
A decision-support framework was developed by management science researchers to help clinicians make informed decisions about opioid prescribing. The framework incorporates multiple factors, including recovery time, pain intensity, and patient history, to provide a quantitative model of the prescribing process.
Research suggests top reviews are a key factor in consumer purchasing decisions when comparing products. The study found that concrete details in reviews can sway consumers, and businesses should focus on responding to negative reviews rather than gaming the rating system.
A 20-year study reveals how a machine manufacturer transformed its strategy to focus on ecosystem-building and preserved product revenue. The company's success relied on adapting its core product to support the new ecosystem and changing its organizational structure.
A study by Bocconi University researchers finds that employees are more likely to share internal knowledge when they feel part of an organization, but rather pass it to competitors. The study's findings suggest that managing organizational climate can prevent knowledge spillovers and maintain competitive advantage.
A blockchain-based platform can improve supply chain efficiency and trust development at UK borders. The RFIT platform provides a single source of validated data, increasing visibility and reducing data asymmetry between border agencies and suppliers.
Researchers found that negative online comments have little effect on brands with strong consumer relationships, while actually boosting purchase intentions in cases where reviewers are socially distant. Strong brand relationships and display of reviewer profiles are key to managing online reviews effectively.
A new study provides insights for managing brand authenticity, diverging from conventional conceptualizations. Marketing managers need an analytical approach to understand cultural meanings and contradictions underlying authenticity challenges.
A new study found that empowering workers can lead to better job performance and creativity, but only if institutional obstacles are removed. However, when empowered employees face hindrance stressors, they may become morally disengaged and engage in unethical pro-organizational behavior.
A new study finds that California wildfires increase both revenues and expenditures in municipalities, resulting in a budget shortfall over many years. The unique state constitution limits property assessments, but still leads to higher taxes and a boom in housing reassessments after fires.
Offline subscription platforms must consider the local market condition to succeed, with variety-seeking customers, differentiated vendor offers, and alleviated price competition being key factors. Platforms also have a dual relationship with vendors, collaborating on services while competing on prices.
New research published in Strategic Entrepreneurship Journal suggests that higher unemployment insurance benefits discourage entrepreneurship by disincentivizing business creation and discouraging people from transitioning out of unemployment. Removing profit deduction requirements could encourage more unemployed entrepreneurs to start...
Research at the University of Gothenburg found that shipping companies prioritize economic interests over energy efficiency when planning routes, which hampers efforts to reduce carbon emissions. The study highlights the importance of collaboration and decision-makers' choices in achieving sustainable shipping.
A study found that crowdfunding campaigns are most successful when promoted on social media during the first 10 days. The researchers analyzed data from GoFundMe and found that donation patterns follow three phases, with a surge in donations as the goal is approached. However, they also discovered that slacktivism can occur when people...
A new digital approach analyzes audience interests across a broad brand ecosystem, identifying non-traditional branding opportunities. The study reveals cross-category insights, including brand-brand and brand-category connections, which help assess co-branding and extension opportunities.
The study found that music labels with broader experience were able to respond better to the emerging demand for novelty and genre variety. This led to significant changes in strategy among music labels, resulting in improved performance and revenue growth after the inclusion of streaming on Billboard's charts.
Researchers found data analysis, accounting, cleaning, and banking to be the most boring jobs, while religion, watching TV, and bird watching were among the dullest hobbies. Stereotypically boring people are often disliked and avoided due to preconceptions, leading to social ostracization and increased loneliness.
Researchers from UNH and UNO found a significant gender pay gap in executive severance compensation, with male executives receiving up to $500k more than female counterparts. The study highlights the impact of bias on severance agreements and suggests that this can discourage women from seeking executive roles.
Researchers from University of Toronto, MIT, and University of British Columbia published a new paper on quasi-experimental methods in marketing. The study describes the underlying logic and actions that make this method convincing, highlighting its use in explaining changes in consumer behavior, firm behavior, and market-level outcome...
A recent study found that large US firms have lower product diversity, with companies manufacturing similar products becoming more common. This decrease in product diversity could be due to various factors such as narrowing consumer demand and data biases in the analysis.
A new study by Giada Di Stefano found that the Michelin Guide's arrival triggers changes in fine dining industry competitive dynamics. Restaurants modify their descriptions and pricing to signal awareness of value created for customers, with those already highly ranked emphasizing authenticity and exclusivity.
A new study at Tel Aviv University's Coller School of Management found that employees who use pictures and emojis are perceived as less powerful than those who use words. In various experiments, respondents attributed more power to verbal messages and rated those with visual profiles as less capable.
Researchers develop an integrative framework capturing the fundamental aspects of creative strategy, finding experiential content produces highest performance increase. Marketers should leverage synergies between content and execution by focusing on one specific dimension and varying composition over time.
A study by Concordia researchers found that women are disproportionately affected by job losses and automation due to COVID-19. The authors argue that companies must prioritize inclusivity measures to avoid reversing progress made towards gender equality in the workplace.
A new study by Cornell University researchers found that working during non-traditional hours can decrease intrinsic motivation for schoolwork and work. Intrinsic motivation refers to the enjoyment and interest one feels in their work or activities. The study involved three experiments, including one with college students who were remi...
A new study found that a higher minimum wage was associated with fewer people defaulting on their rent payments, particularly among those at the lower end of the housing expense market. However, landlords responded by increasing rent payments, offsetting some but not all of the increased income.
A new study from Washington State University finds that people with a strong desire to travel are more likely to get vaccinated against COVID-19. The research also reveals that emotional appeals and loss-based messaging can be effective in changing vaccine intentions.
The study found that exposure to dogs makes consumers more promotion-focused, while exposure to cats makes them more cautious. This effect persists even in pet-unrelated domains, influencing decision-making and judgment.
A new study explores how to reduce bad behavior at work by focusing on moral self-efficacy, a set of beliefs that individuals have about their capabilities to self-reflect and regulate moral behavior. The results show that highly morally efficacious individuals are more likely to bounce back after a failure and learn from their mistakes.