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This research explores the characteristics of green influencer messages on follower engagement by examining the interplay between message framing (gain vs. loss), construal level (high vs. low), and post timing (weekdays vs. weekends). Green influencers (also: greenfluencers or sustainable influencers) are considered a key agent for a change to more sustainable consumption. A pilot field study of 1000 green influencers, however, indicates that the current communication practices of green influencers (which strongly focus on gain frames, low construal, and posts during the week) are not ideal for maximizing engagement and sustainable behavioral intentions. Two experiments replicate this finding and establish the process through which green influencer posts affect engagement: gain frames increase fluency, which increases engagement; low construal levels decrease psychological distance, which increases engagement. Timing moderates these processes in that weekend posts increase the engagement with gain frames and week posts increase the engagement with low-construal frames. These findings highlight that there is no silver bullet in green influencer messages, but that green influencers need to adapt the framing and construal of their messages to the posts' timing to increase their contribution to more sustainable lifestyles and the greater good.
Purpose
Literature on entrepreneurial resourcefulness (ER) has grown constantly in the last two decades. ER is a construct that describes the specific behavior of entrepreneurs, focusing on the generation and deployment of resources to pursue an opportunity. Since the ER literature has expanded and diversified, the purpose of this study is to integrate its findings with existing knowledge about the construct.
Design/methodology/approach
The study applies a systematic literature review approach, following the methodology of Tranfield et al. (2003). The authors identify and synthesize 31 studies focusing on ER.
Findings
The literature on ER can function on four different levels: (1) individual, (2) organizational, (3) contextual, and (4) effectual level. Studies on ER concentrate on either the individual or the organizational level, with the contextual and effectual levels appearing as additional study categories for the studies. Behind this categorization, research views ER either as an antecedent influencing a specific effect or as an outcome resulting from a particular context.
Originality/value
This paper is the first of its nature, structuring the existing ER research and proposing a research agenda on ER with seven concrete research avenues and their research questions. Based on the systematic literature review, the authors develop a framework consolidating the interrelations of the different levels.
In today's data-driven era, ubiquitous concern about environmental issues pushes more startups to engage in business model innovation that promotes environmentally friendly technologies. The goal of these startups is to create technology-based products and services that enhance environmental sustainability. In this context, artificial intelligence promises to be a key instrument to create, capture, and deliver value. However, the existing literature lacks a deep understanding of how startups using AI innovate their business models to achieve a positive environmental impact. Therefore, this paper investigates how green technology startups utilize AI from a business model innovation perspective for environmental sustainability. We conduct a qualitative, exploratory multiple-case study using the Eisenhardt methodology, based on interview data analyzed using qualitative content analysis. We derive five predominant manifestations for AI-driven business model innovation and identify archetypical connections between business model dimensions. Further, we establish three overarching archetypical associations among the cases. In doing so, we contribute to theory and practice by providing a deeper account of how green technology startups attempt to maximize their positive environmental impact through AI. The results of this study also highlight how business model innovation driven by AI can support society in securing a more environmentally sustainable future.
The Shapley value equals a player's contribution to the potential of a game. The potential is a most natural one-number summary of a game, which can be computed as the expected accumulated worth of a random partition of the players. This computation integrates the coalition formation of all players and readily extends to games with externalities. We investigate those potential functions for games with externalities that can be computed this way. It turns out that the potential that corresponds to the MPW solution introduced by Macho-Stadler et al. (2007, J. Econ. Theory 135, 339-356) is unique in the following sense. It is obtained as the expected accumulated worth of a random partition, it generalizes the potential for games without externalities, and it induces a solution that satisfies the null player property even in the presence of externalities.
Purpose
When CEOs are publicly weighing in on sociopolitical debates, this is known as CEO activism. The steadily growing number of such statements made in recent years has been subject to a flourishing academic debate. This field offers first profound findings from observational studies. However, the discussion of CEO activism lacks a thorough theoretical grounding, such as a shared concept accounting for the heterogeneity of sociopolitical incidents. Thus, the aim of this paper is to provide an archetypal framework for CEO activism.
Design/methodology/approach
The authors used a multiple case study approach on 145 activism cases stated by CEOs and found seven distinct statement archetypes.
Findings
The study identifies four main structural design elements accounting for the heterogeneity of activism, i.e. the addressed meta-category of the statement, the targeted outcome, the used tonality and the orientation of the CEOs’ positions. Further, the authors found seven distinguishable archetypes of CEO activism statements: “Climate Alerts”, “Economy Visions”, “Political Comments”, “Self-reflections and Social Concerns”, “Tech Designs”, “Unclouded Evaluations” and “Descriptive Explanations”.
Research limitations/implications
This typology classifies the heterogeneity of CEO activism. It will enable the analysis of interrelationships, mechanisms and motivations on a differentiated level and raise the comprehensibility of research-results.
Practical implications
The framework supports executives in understanding the heterogeneity of CEO activism and to analyse personality-fits.
Originality/value
To the authors’ knowledge, this marks the first conceptualisation of activism developed cross-thematically. The work supports further theory-building on CEO activism.
Acting beyond concepts
(2022)
There is a lack of understanding about early-stage entrepreneurial actions, as existing research focuses on later stages and overlooks how experience impacts entrepreneurial actions. However, entrepreneurial experience has a pivotal role in shaping entrepreneurial actions, serving as a distinguishing factor within the scope of this study. Therefore, we employ a grounded theory research approach building on 112 in-depth interviews in which we differentiate between novice and experienced entrepreneurs. We analyzed the extensive data set following the methodology of Gioia et al. Our findings include the identification of three dimensions of entrepreneurial activities, namely Entrepreneurial Alignment, Resource Enhancement, and Value Generation, that are relevant for both novice and experienced entrepreneurs. In addition, we are able to identify 27 specific entrepreneurial actions distributed between the three dimensions but differing depending on whether the entrepreneur is a novice or experienced. Examining these results, we outlined differences and commonalities in the activities of the two groups: novice entrepreneurs follow a sequential, unconnected, and perfectionist-driven process, while experienced entrepreneurs adopt a parallel, interconnected, and iterative process across the three dimensions. Practitioners and researchers can benefit from the study’s results for entrepreneurship education and resource theories in the early-stage venture creation.
The complexity of the public value discussion has hindered the development of consensual measurement guidelines for use in public administration practice. This article explores the use of the cost-benefit analysis (CBA) framework in the transportation sector and considers its relevance in assessing public value. A case study is presented on the reconfiguration of a public transport network in the municipality of Arganil, Portugal. The CBA did not fully capture the effects of the network reconfiguration, demonstrating its limitations in assessing public value.
The new normal
(2024)
The recent surge in artificial intelligence (AI) adoption by small and medium-sized enterprises (SMEs) has garnered significant research attention. However, the existing literature reveals a fragmented landscape that hinders our understanding and application of insights about AI use in SMEs. We address this through a systematic literature review, wherein we analyze 102 peer-reviewed articles on AI adoption in SMEs and categorize states and trends into eight clusters—(1) compatibility, (2) AI readiness, (3) knowledge, (4) resources, (5) culture, (6) competition, (7) regulation, and (8) ecosystem—according to the technology–organization–environment model. Our research reveals valuable insights but also identifies significant gaps in existing literature, notably the oversight of trends identification as a pivotal driver and the neglect of legal requirements. Our study clarifies the AI implementation within SMEs, offering a holistic and theoretically grounded perspective to empower researchers and practitioners to facilitate more effective AI adoption and application within the SME sector.
Translating AI ethics principles into practice to support robotic process automation implementation
(2024)
When organizations leverage artificial intelligence (AI) to automate processes previously performed by people, it frequently causes uncertainty and fear among those affected. An often suggested way for organizations to navigate such challenges is to seek guidance from AI ethics principles. Leaders, however, find it difficult to make practical use of these abstract, high-level principles. Based on a case study of the large-scale implementation of robotic process automation at an energy service provider in Germany, we provide recommendations for translating AI ethics principles into practice.
The research project AgilHybrid aims to support SMEs and traditional industrial companies in innovating digital and hybrid business models. The focus of the project lies on needed processes, structures and competences for the successful innovation of digitally networked business models in the era of digital transformation. To this end, an interorganizational learning platform was developed during the project which is examined in this paper. Consisting of two parts named iCourious (being an online course) and iAccelerator (as a business model innovation tool), the platform connects learners from varying organizations. As a practice-oriented contribution, the paper elaborates on how different learners have developed their competences when using the platform. Whereas digital experts improve their skills from a good competence level to a slightly higher level, it is digital beginners that benefit most from learning on the platform.
Industrie 4.0 bringt neben vielen Potenzialen auch eine erhebliche Komplexitätssteigerung mit sich. Um dieser effektiv zu begegnen, bieten Demonstratoren einen wertstiftenden Beitrag. Ihr Einsatz erlaubt eine nutzerzentrierte Systementwicklung mit einhergehender Komplexitätsreduktion durch Modellierung und Simulation. Dieser Beitrag untersucht ihre Potenziale am Beispiel des Projektes „ConSensE“ mit Fokus auf Sensortechnologien und deren Nachrüstung.
Recent years have seen a surge in research on artificial intelligence (AI)-driven business model innovation (BMI), reflecting its profound impact across industries. However, the field’s current state remains fragmented due to varied conceptual lenses and units of analysis. Existing literature predominantly emphasizes the technological aspects of AI implementation in business models (BMs), treating BMI as a byproduct. Additionally, there is a lack of coherent understanding regarding the scope of BMI propelled by AI. To address these gaps, our study systematically reviews 180 articles, offering two key contributions: (1) a structured analysis of evolving research dimensions in AI-driven BMI, differentiating between static and dynamic views of BMI, and (2) a framework presenting distinct research perspectives on AI-driven BMI, each addressing specific managerial focuses. This synthesis facilitates a comprehensive understanding of the field, enabling the identification of research gaps and proposing future avenues for advancing knowledge on the management of AI-driven BMI.
Über die Analyse des Finfluencer-Marktes und die Erhebung von Anforderungen an die Kooperation zwischen Finfluencern und börsennotierten Unternehmen hinaus umfasst das hier vorgestellte Kooperationsprojekt einen dritten Schritt, der auf eine Qualitätsbewertung von Finfluencern abzielt. Ein Team der HHL Leipzig hat zu diesem Zweck ein Scoring-Modell entwickelt, das im Folgenden kurz vorgestellt wird.
Climate-related issues have become increasingly relevant, as reflected in current political and academic discourse. This development is also reflected in investors' capital allocation decisions and their demand for climate-related information. Considering the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD), we first investigate the climate-related disclosure quality of listed German firms. We use self-constructed scoring models based on the TCFD recommendations to measure disclosure quality. Second, we use regression analysis to investigate whether corporate governance can explain climate-related disclosure quality. The results indicate that disclosure quality is heavily dispersed across firms, with risk disclosure being better than disclosure of opportunities. Corporate governance factors exert distinct but mostly weak influence on climate-related disclosure quality and that institutional ownership promotes climate-related disclosure quality. We show several implications for research and practice and highlight the relevance for firms to implement a comprehensive approach to communicating climate-related issues.
The opacity of the impact investment decision-making process is one of the main constraints hampering further growth in the impact investing ecosystem. This paper takes a differentiated view on why (investment motivation) and how (investment decision criteria) the major private impact investor types allocate funding to investees. We incorporate insights from 34 interviews with the five major impact investor types: social business angels, foundations, social banks, impact investment funds, and crowdvesting platforms. We find that motivation and decision-making significantly differ between the impact investor types, especially concerning strict vs. ambiguous impact definitions, active vs. passive investment approaches, and return requirements reaching from capital preservation to market-driven returns. By providing a differentiated overview of the investor type-specific motivations and most important investment criteria, our study offers social entrepreneurs a roadmap to identify the most appropriate impact investors for their business model.
A gamification approach for enhancing older adults' technology adoption and knowledge transfer
(2024)
Technology is assumed to be important for enhancing older adults' life quality and for ameliorating age-related problems, but older adults nevertheless typically exhibit lower technology adoption rates than young people. Gamification has the potential to address this problem by motivating older adults, but its value for the elderly has thus far been undermined through gamification design biases favoring young people. This study addressed this problem by developing a purpose-built gamified learning system, based on a popular mobile payment platform, to test the potential of employing a gamification-and-learning approach to the design of gamification systems for enhancing knowledge transfer and technology adoption by older adults. The research employed structural equation modeling, incorporating user knowledge and gamification-related constructs, drawing upon the established Technology Acceptance Model. Data were collected from older adults in Hong Kong with an appropriate demographic and market profile, following a one-group pretest–posttest research design. The results revealed notable gamification-induced improvements in the knowledge and technology adoption intentions of older adults, and significant positive relationships between gamification effectiveness and technology adoption constructs. The research demonstrates the significant positive effects which gamification may have on the acceptance and usage of technology by older adults and evokes policy implications for the silver-hair market.
Purpose
In public management research, the focus in the public value debate has been on public administration organizations’ broader societal outcomes. Public value describes how public administrations form a vital part of the social context in which people develop and grow. However, there has not yet been an analysis of how public administration contributes to happiness in society.
Design/methodology/approach
In this study, we empirically analyze the relationship between people’s happiness and the public value of public administration. Our approach is based on a unique Swiss survey dataset comprising 870 individuals.
Findings
We find a positive relationship between public administration’s public value and happiness. We also find preliminary evidence with a moderation analysis that the relationship between a value-creating public administration sector and self-reported happiness is stronger for public administration employees.
Research limitations/implications
While correlation studies cannot claim causal explanations and common method bias may additionally limit any research in social science, we took a number of measures to mitigate related problem. We tested our model in two samples and took both several procedural techniques and a survey design minimizing common method bias.
Practical implications
The paper discusses implications for public sector performance measurement for public management and practitioners.
Social implications
This study calls for a more positive view on the multiple functions public administration performs for society. After an era of critical voices, our study helps reclaim public administration as a positive force for society at large in times of grand challenges, such as climate crisis, demographics and digitization.
Originality/value
This study has highlighted the importance between public administration’s public value and happiness in Swiss public service organizations. The study also showed that an employment in the public administration contributes to the happiness of individuals and beyond to society.
Addressing challenges
(2024)
The growing importance of sustainability in organizational success, particularly in the pharmaceutical industry, underscores the need for leveraging technologies such as blockchain methods to enhance sustainability indicators across environmental, social, and economic pillars. This study aims to identify and understand the challenges hindering the adoption of blockchain technology in the pharmaceutical sector for improving sustainability performance, addressing two research topics: the specific challenges faced by blockchain adoption in this context and the interdependencies among these challenges. Employing a two-step approach, the study compiles challenges through a literature review, refines them via expert opinions, and establishes their interrelationships using methodologies like fuzzy interpretive structural modeling (FISM) and cross-impact matrix multiplication applied to classification (MICMAC). The research contributes to unraveling the complex relationships and dependencies within the system, providing a structured framework for improved decision making and strategic planning. It fills a literature gap as the first attempt to outline driving and dependent factors related to the challenges of adopting blockchain technology for sustainability enhancement in the pharmaceutical sector, offering insights that can significantly impact brand image, company perception, and consumer value.
The new bond on the block
(2024)
Over the last decade, the green bond market experienced strong growth rates fueled by the need to combat climate change. However, the discourse on enhancing the effectiveness of green bonds primarily revolves around regulatory measures, often overlooking the possibility of designing inherent incentives. We show that a green bond with a coupon structure positively related to the carbon price development stimulates (early) investment in an emission-reducing project and creates higher net present values (NPVs) when applied in project financing. In our simulation-based framework, we model carbon prices using a geometric Brownian motion, and create a general optimal stopping time problem regarding the start of the project. The green bond in our setting carries the risk of default, also mitigated by its carbon price-linked coupon structure.
Retailers’ communication support for their price promotions is shifting from traditional flyers and circulars (so-called feature ads) to conventional media channels, especially digital ads. It is not clear, if and how supporting price promotion with advertising in digital media benefits sales of the promoted product above and beyond the price promotion itself. Further, retail managers require guidance on whether only the promoted product or also their overall business gains from ad support (e.g., from category or cross-period expansions) to negotiate trade promotion support with manufacturers of the promoted products. Using a field experiment with a grocery retailer, we decompose the effects of the advertising support of price discount promotions across digital and print marketing channels. We find that the effectiveness assessment of the advertising channels depends on the beneficiary: while digital channels most effectively support sales of the promoted product (35 % uplift vs. non-promotion period) – especially for popular consumer-pull products (+85 %), traditional print channels improve the performance for the retailer as a whole (+3 % uplift of the total category sales), with a combination of ads having the largest effect (+5 % uplift of the total category sales). This research offers guidance for retail and manufacturer managers tasked with designing price promotions and configuring the ad support across channels, and negotiating trade promotion budgets or manufacturer support for the advertisements.