Articles tagged with Business
A new research study found that seconded employees select more novel and innovative ideas, influencing permanent staff to do the same. This suggests a simple intervention of leveraging seconded employees can significantly boost the acceptance of innovative ideas, empowering managers to foster a more innovative culture.
A novel 'remotely-moderated' focus group method has been developed and tested, where questions are posed on a screen and moderated by an off-site researcher. This approach encourages participants to go beyond their usual role and engage in frank discussion, revealing valuable insights into issues they may not have considered before.
New research from the University of South Australia found that images are more effective at signaling product variety than colors, with only 56% of color choices matching customer expectations. The study analyzed consumer perceptions of 576 products and recommended using images to convey variety and protecting master brand colors.
A new study from Bayes Business School found that CEOs' surnames can significantly impact their total compensation by up to 4.9%. The research highlights organizational bias and inefficient contracting decisions based on surname attributes, which can affect talent recognition and rewards.
A hospital's portfolio strategy can shape patient preference in important ways, with a focus on depth of expertise leading to increased market share. Hospitals with a high related focus in a department also signal breadth of expertise, positively affecting market share.
African nations could see an additional $37 million in profit each year by raising access fees for their fisheries. This would lead to an increase in fish biomass and a more sustainable operation. However, challenges include differing interests and objectives among governments and varying conditions of different fisheries.
A study by KLU found that internal crowdfunding at Siemens AG led to high-quality ideas submitted by employees, which their colleagues recognized and financially supported. The approach also promoted exchanges and collaboration across internal borders.
A new study reveals that consumers place a higher value on products from circular economies due to the concept of psychological ownership. This finding suggests that businesses and policymakers can align strategies with consumer values to promote sustainable initiatives.
Organizational ghosts are admired former leaders who embody an organization's values and identity, continuing to influence members long after they've departed. Researchers found that these ghostly encounters can safeguard organizations from risky decisions and legitimize current leaders.
The University of Texas at San Antonio has been selected to establish a Secure Manufacturing Tech Hub with a $500,000 grant from the US Economic Development Administration. The consortium aims to grow a skilled workforce, enhance business competitiveness, and promote secure manufacturing strategies across South Texas.
A study by University of Nebraska-Lincoln researchers found that crowdfunding platforms create a sense of democracy, but backers often come from similar groups and give to projects they find cool. This limits the democratizing potential of crowdfunding.
New research found that companies are altering their sustainability reports to improve their environmental and social performance metrics, which are tied to CEO bonuses. Only 15% of revisions were reported as due to error, while 69% were attributed to changes in measurement, suggesting manipulation may be occurring.
Research reveals that firms with female directors show improved social and environmental performance and disclosures. Female directors' education level also positively affects reporting quality, with those holding a master's degree having the most significant impact.
Researchers found that airlines use a pricing heuristic called Expected Marginal Seat Revenue-b to set prices, resulting in large gaps between ticket prices. Airlines also don't directly incorporate competitor prices into their automated price-setting, leading to dampened competitive benefits.
Researchers found that job seekers were 20% more likely to search for work at companies with over 500 employees after March 13, 2020. The average size of companies searched increased by 29%, driven by highly-skilled and better-educated candidates, which can impact startup success.
Researchers found that companies declaring bankruptcy must navigate complex buyer-supplier relationships to emerge from bankruptcy. High rates of accommodative acts, indicating cooperation, improve bankruptcy survival, while exploitative acts have the opposite effect.
A recent study by University of Texas at Austin professor Robert Parrino found that the SEC's Rule 10b5-1 has limited effectiveness in limiting insider trading. Despite being widely used, the rule allows CEOs to game the system by canceling trades or using limit orders within the plan.
Researchers found sponsored content decreases consumer engagement, but prior disclosure offsets this effect. Micro-influencers are more affected by sponsorship than macro/meso-influencers.
A team of Japanese researchers created a big data-driven model that accurately forecasts key economic indicators in real time, eliminating the need for aggregated semi-macroeconomic data. The approach leverages search engine query data to identify highly correlated queries and provides timely insights into economic trends.
Researchers from Mindgard and Lancaster University exposed vulnerabilities in major Large Language Models (LLMs) that can be copied for as little as $50. This 'model leeching' attack allows attackers to gain insights into how LLMs work, enabling them to launch targeted attacks with an increased success rate.
Research finds that digital-native brand stores increase brand awareness and sales in supermarkets, while cannibalizing online channel sales. Brand stores also spark distributor interest and prompt supermarkets to distribute more of the brand on their shelves.
A new study finds that simple packaging design is positively associated with price, but not always enhances consumers' willingness to pay. The research team discovers that store-brand products and health-oriented consumers benefit from simplicity, while indulgent consumers prefer complex packaging.
Researchers from the University of Notre Dame found that social media engagement improves when national and local levels mismatch audiences during recovery phases, increasing user engagement by 29.6%. The study suggests a nuanced approach to content coordination, with national headquarters leading production and local accounts following.
A new study published in the Journal of Marketing presents the Comparative Method of Valuation as a more accurate way to measure customers' willingness to pay. The study finds that existing methods can provide vague and inaccurate results due to their inability to capture relevant comparisons or context.
Researchers warn that greenwashing poses a threat to achieving a 'nature positive' world, where environmental decline halts and biodiversity improves. The University of Queensland study emphasizes the need for standards and transparency to distinguish genuine efforts from misleading claims.
A new study from Binghamton University's School of Management found that standard employee surveys may be missing out on crucial information about toxic leaders. Participants in the survey often rely on their long-term memory to rank harmful leadership practices, which can lead to overlooked negative encounters if they're few and far b...
Marketing ideation crowdsourcing contests can send positive signals to facilitate returns, but also elevate idiosyncratic risk. Firms that design profitable contests by targeting professionals, using crowd voting, and specifying task scope tend to see stronger stock price increases.
The Oak Ridge National Laboratory's Safari program aims to connect post-exit entrepreneurs with commercially relevant technologies developed by world-leading scientific experts. The program seeks to expedite the transition of research toward the marketplace, promoting U.S. competitiveness and national security.
A new study reveals that a hotel's own sentiment score and its competitor's sentiment score have a significant impact on booking performance. Hotels that improve their own sentiment score by 1% can increase bookings by .38%, while those that improve their competitors' sentiment score by 1% can decrease bookings by .25%. The research al...
Researchers found that gig workers' lack of traditional workplace interaction leads to less trust, but this may not negatively impact their performance. Instead, gig workers tend to rebound more quickly from issues with managers.
A new study by North Carolina State University reveals that posting about mental health challenges on LinkedIn can affect how potential employers perceive job applicants. Researchers found that disclosures about anxiety and depression led to viewers viewing candidates as less emotionally stable and less conscientious.
A study from the University of Notre Dame found that recalling dreams and finding meaning in them can elicit feelings of awe, making subsequent work stressors seem less daunting. The researchers suggest promoting the 'awe experience' at work to increase productivity.
Researchers found that subscription channels have greater source credibility and content control, leading to higher conversion rates despite perceived ad intrusiveness. In contrast, AI-recommended channels elicit more clicks but with smaller proportions of genuine interest and purchases.
A new study in the Global Strategy Journal found that electoral uncertainty creates challenges for state-owned businesses and multinationals with indirect government ties. These companies are less likely to expand internationally during election years and instead adopt more flexible strategies or withdraw state support.
A new study from the University of Notre Dame reveals that investing in specific types of IT can help firms manage their working capital more efficiently. The research shows that IT infrastructure investments have a stronger impact on improving working capital-firm performance relationships than IT labor investments.
Researchers synthesized over 50 studies to find that mental simulations using visuals or verbal calls to action improve behavioral intentions and behavior. However, the effectiveness varies depending on the modality, frequency, type of consumption experience, and target populations.
A new study from the University of Notre Dame recommends building water projects that allow community collaboration, reducing distances and increasing equity. The research team created a unique dataset to optimize locations and found that community collaboration models outperform traditional methods.
A recent study published in the International Journal of Hospitality Management suggests that restaurants can encourage customers to choose healthier food options by adjusting the font size of nutritional information on menus. By representing calorie values incongruously, businesses can effectively 'nudge' customers towards making heal...
A WVU study found that U.S. cities with new professional sports teams saw increased influenza mortality rates, with the NHL teams causing the largest increase. The researchers analyzed data from 122 cities and controlled for factors like population and temperature to find a significant correlation between team arrival and flu deaths.
Researchers found a U-shaped effect on profit margins due to the relationship between reducing costs, developing new processes, and innovating products. Initially, firms focus on cost reduction, but as robot adoption increases, they shift to product innovation, leading to higher profits.
A recent study found that employees tend to be less productive in the afternoons, especially on Fridays, with increased typing errors and reduced computer activity. Flexible work arrangements like hybrid work or a four-day week may help mitigate this decline in productivity.
A new statistical tool, two-step synthetic control, allows managers and policymakers to estimate effects they previously couldn't accurately. The study found that this method estimated a more modest increase in weekly tampon sales after New York's repeal, better matching actual sales figures.
A new study suggests that resume padding, while bad for individuals, can have a positive effect on society. Researchers found that the potential misrepresentation of education levels can reduce investment in education and lead to lower social welfare distortions.
The article explores how export diversification and ICT shape employment patterns, with research highlighting the importance of diversified trade baskets to minimize economic uncertainties. Tailored trade policies can unlock employment opportunities for both high-skilled and low-skilled workers, fostering sustainable growth.
Researchers found that consumers react differently to university-co-developed products and key factors influence these perceptions. Firms can leverage university collaboration to increase product attractiveness, but effective marketing is crucial.
A study by researchers at the University of Texas at Austin found that institutional investors demand disclosure of climate risk due to its impact on a company's health and performance. The survey of 439 institutional investors showed that mandatory disclosure has an effect on investors' decisions.
Researchers found that customers tend to consider money spent as already lost, making it easier for retailers to cross-sell products. However, customers are less likely to buy an item outside their original category when expecting to return it.
Researchers found that consumers experience emotional rollercoaster during self-design, with optimism decreasing quickly. Companies can learn from this study to provide attractive starting designs and reduce abandonment rates by providing a 'lock-in' mechanism.
Research by Monika Ardelt and Bhavna Sharma found that wise organizations prioritize supervisor support, autonomy, competence, and relatedness to foster employee connection, job fulfillment, and overall well-being. This approach enables businesses to thrive in the long term while making a positive impact on their communities.
Forcing private firms to disclose their financial statements leads to more mergers and acquisitions (M&As) and better deals. The study found that mandatory reporting intensity is positively correlated with M&A activity and targets' growth rates after the acquisition.
Researchers investigated whether people rate women's and men's soccer differently based on player gender. They found that biased perceptions of female athletes' talent and toughness exist, affecting how we perceive their performance quality. The study suggests that women's soccer hasn't yet reached its full economic potential.
Amplified Sciences has received a $400,000 NCI grant to develop and validate an assay testing for the detection of pancreatic cancer in patients diagnosed with pancreatic cystic lesions. The company aims to improve the accuracy of diagnoses, reducing unnecessary surgical interventions.
New research finds that criticizing groups is more persuasive when the messenger also expresses concern for the issues faced by the criticized group. Studies show that dual concern messages encourage agreement and loyalty from members of the criticized group, leading to increased persuasion.
The study found that open innovation-based business models, created through stakeholder participation in the commons, drive continuous economic and social innovation and sustainable growth. The 'Comedy of Commons' concept, developed by Elinor Ostrom, is applied to explore the evolution of the commons as a business model.
A Chinese study found that fintech development effectively reduces the negative effect of macroeconomic uncertainty on commercial banks' proactive risk-taking behavior. The study also revealed that commercial banks with high capital adequacy ratios exhibit a weaker response to the mitigating effect of financial technology.
Only 36% of UK employers have invested in AI-enabled technologies like industrial robots and chatbots over the past five years, new research suggests. The survey highlights a growing skills problem, with less than 10% anticipating digital skills training investment in the coming years.
A new study found that certain credentials, such as more education, references, and experience, can offset the negative impact of a criminal record on job prospects. Applicants with a criminal record were less likely to be hired without these credentials, but more likely to be hired if they had relevant experience or a college degree.
A University of Missouri study found that consumers are more likely to use virtual apparel try-on software if it is interactive and easy to use. The research suggests that making the technology versatile can reduce privacy concerns, with qualities like interactivity having a direct impact on users' willingness to shop virtually.
A study by Margherita Corina and Alfonso Carballo Perez found that populist leaders increase uncertainty, making firms cautious in foreign investment decisions. However, strong institutional environments and high levels of firm internationalization can moderate these negative effects.
A new article explores how a CEO's subgroup power can impact decisions about CEO dismissal. Powerful subgroups of directors can exert influence to protect the CEO, even if the company is performing poorly. The study analyzed 20 years of data from S&P 500 boards.