An increasing number of firms have invested large sums in implementing electronic business (e-business). Nowadays, while the e-businesses are fostering rapid industrial growth, employees are the one ...who factually engage with information exchange, communication and support e-business processes. However, prior literature has paid scant attention in determining e-business value and its drivers from employee perspective. Thus, the present study attempts to investigate how user participation and trust drives e-business value in terms of e-business readiness, e-business benefits, and e-business satisfaction. For this sake, data collected from 143 employees at Taiwanese IT related firms and analyzed with partial least square (PLS) structural equation approach reveal that trust and user participation were significant precursors of employee e-business satisfaction. The results strongly support the contention that trust directly affects e-business satisfaction, and indirectly affects it through e-business readiness and e-business benefits. The research model and findings will help managers implement e-business successfully and offer valuable references for researchers interested in developing related theories.
While globally successful Japanese industries were able to use their domestic market as a springboard into international markets, Japan’s telecommunications sector became decoupled from global ...markets, trapping Japanese ICT firms in the domestic market. This persistent pattern of
leading without followers
was not simply the result of misguided technological choices, ill-informed corporate strategies, or insular government standard-setting processes. Rather, the dynamics of competition, shaped and reshaped by political dynamics and regulatory structures, decoupled it from global markets. These dynamics created a “Galapagos effect”, in which
winning in an isolated domestic market led to losing in global markets
. Major regulatory shifts transformed the dynamics of competition since the late 1990s, decreasing the isolation of Japan’s telecommunications sector, but some factors pulling it along a proprietary trajectory persist. This paper highlights the dilemma of how to develop beyond a follower status, but avoid becoming a leader without followers.
During the dot-com bubble of the 1990s, equity market valuation was a popular topic for investors, financial analysts and academics. Some questioned whether traditional accounting and financial ...information had lost its value relevance, as stocks traded at multiples of earnings well in excess of historic levels, leading Alan Greenspan to caution against “irrational exuberance.” This study examines the relation between market valuation and traditional accounting/financial information before, during and after the bubble. We confirm previous research that documents a decline in the relation between market value and traditional accounting information leading up to the bubble period. However, we also document that after the collapse of the bubble in 2000 this trend reverses. We also examine two related metrics that may provide a rational explanation for this phenomenon, including the quality of earnings, and the aggressiveness of financial analysts’ forecasts, finding some support that earnings quality may contribute to the changes in value relevance, but not the aggressiveness of analyst forecasts.
Seit mehreren Jahrzehnten prägt Globalisierung die Welt - politisch, wirtschaftlich und sozial. Dies veränderte viele Lebenssachverhalte erheblich, sowohl im Positiven wie im Negativen. Im Ergebnis ...entstanden Zwiespältigkeit und eine postglobale Misere, die es zu bewältigen gilt. Jürgen Tureks umfangreiche Analyse geht den Gründen für die Destabilisierung der zivilisatorischen Verhältnisse im Spannungsfeld wirtschaftlicher Dynamik, sozial-kultureller Aufregung und politischer Unsicherheit nach. Seine differenzierte Bestandsaufnahme verschafft Orientierung und schlägt konkrete politische Lösungsstrategien vor.
Who profits in the info-coms industry in the broadband age, and how? This paper looks at this question by considering broadband as quite a broad phenomenon, including both the most important focus in ...the current evolution of the Internet, high speed access, and the new services created. We focus on two key stylized facts: SF1: “R&D and patent licensing are increasingly high in this industry, but the initiators of innovations have greatly changed over time”, and SF2: “Small, facilities-less companies contributed to the development of the Internet industry, but have generally performed badly as the industry has matured and broadband use has become widespread”. The paper uses the approach developed by Teece (1986) which analyses strategies of integration, collaboration, licensing and public policy in the presence of technological innovation. These organizational strategies, in practice, are not all profitable and, as Teece correctly stressed as a general principle, their success appears to depend to a great extent on whether they are initiated by innovators or imitators, and how they are articulated within a) regimes of appropriability, b) dominant design issues, and c) complementary assets access. The paper analyses the robustness of Teece (1986), which over the last twenty years has greatly influenced research in economic organization and business strategy on the issue of profiting from innovation, in its ability to provide a framework appropriate to the changes that have occurred in the broadband industry. The paper draws some lessons, and provides some new considerations related to the robustness of Teece's framework. The framework appears robust on SF1: innovators globally have won, though some of them (the best innovators) were acquired by imitators. On SF2, again the innovators have won, but the only success strategy (vertical integration) was only attainable for the largest ISPs/IAPs. We conclude, therefore, that there are many lessons that can be drawn from Teece's framework, though further work should be done on two essential topics: deeper analysis of the sources of technology provision, and investigation of the role of firm heterogeneity.
Addressing the “storage gap” in future energy systems with a high penetration of renewable and volatile resources is a major challenge. Hybrid Energy Grids represent a possible solution to this ...problem by interconnecting energy systems and infrastructures and thus allowing energy to be transformed between various alternative forms of energy. This provides the means for higher flexibility along the energy system. The paper discusses the concept of Hybrid Energy Grids from an ICT perspective and presents a regulation framework to assess use cases in multi-domain Hybrid Energy Infrastructures.
Eine der zentralen Herausforderungen der Energiewende ist der Umgang mit der „Speicherlücke“ im elektrischen Energieversorgungssystem. Hybridnetze stellen eine mögliche Lösung für die Anpassung von volatiler Stromerzeugung an die Nachfrage dar. Im Hybridnetz, das die Versorgungssysteme für Strom, Gas und Wärme aneinander koppelt, kann Energie von einer Form in eine andere transformiert werden. Der Artikel diskutiert Hybridnetze aus Sicht der IKT und präsentiert einen Ordnungsrahmen für Hybridnetzanwendungsfälle.
An accessible and timely guide to increasing female presence and leadership in tech companies Tech giants like Apple and Google are among the fastest growing companies in the world, leading ...innovations in design and development. The industry continues to see rapid growth, employing millions of people: in the US it is at the epicenter of the American economy. So why is it that only 5% of senior executives in the tech industry are female? Underrepresentation of women on boards of directors, in the C-suite, and as senior managers remains pervasive in this industry. As tech companies are plagued with high-profile claims of harassment and discrimination, and salary discrepancies for comparable work, one asks what prevents women from reaching management roles, and, more importantly, what can be done to fix it? The Future of Tech is Female considers the paradoxes involved in women's ascent to leadership roles, suggesting industry-wide solutions to combat gender inequality. Drawing upon 15 years of experience in the field, Douglas M. Branson traces the history of women in the information technology industry in order to identify solutions for the issues facing women today. Branson explores a variety of solutions such as mandatory quota laws for female employment, pledge programs, and limitations on the H1-B VISA program, and grapples with the challenges facing women in IT from a range of perspectives. Branson unpacks the plethora of reasons women should hold leadership roles, both in and out of this industry, concluding with a call to reform attitudes toward women in one particular IT branch, the video and computer gaming field, a gateway to many STEM futures. An invaluable resource for anyone invested in gender equality in corporate governance, The Future of Tech is Female lays out the first steps toward a more diverse future for women in tech leadership
Purpose - Today, as services and products are becoming increasingly intertwined and the competition increasingly global, delivering customer value is not as simple as it used to be. In this article, ...we suggest that in contemporary business environment customer value is often systemic by nature. This means that managers need to assess their firm's offering through systems-thinking perspective in order to find out what are the most effective ways to create value for the customer.Design methodology approach - Evidence of systemic customer value is provided in the form of illustrative examples from Apple's and Google's offerings. Furthermore, we utilize a quality function deployment (QFD) tool to provide an example of modeling of the systemic value attributes.Findings - This paper illustrates how such systemic customer value in the firm's offering can be modeled. This enables the tracking down of the functions that produce the most value in terms of meeting various customer needs. A firm that understands the systemic nature of customer value is better able to concentrate on improving the core functions of its offering, thus gaining competitive advantage and value-based differentiation over its rivals.Practical implications - The paper identifies three key issues and best practices concerning systemic value that are helpful for practitioners in improving their firms' offerings, i.e. connectivity, the importance of platforms, and the emerging role of free functions.Originality value - The novelty of this paper lies in its analysis of systemic value. Value creation for the customer is often approached from a rather narrow perspective, without understanding the systemic viewpoint.
This article provides new knowledge on how women manage small companies in the context of the Finnish ICT sector. Adopting a social constructionist perspective on management and gender, and drawing ...on ethnographic research methodology, the article examines how women owner–managers of small software companies construct gender when working for the establishment and maintenance of various types of cooperative relationships with business partners, customers and employees. The results show that the gendering processes are not dependent on individual traits, behaviour or interaction per se, but relate to the immediate business contexts in which the owner–managers operate. It further suggests that research on management and gender should acknowledge the specific business contexts and their effects on gendering of managerial work in more detail.
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