Zirui Cao, Haowei Wang, Ek Peng Chew, Haobin Li, Kok Choon Tan
{"title":"A budget-adaptive allocation rule for optimal computing budget allocation","authors":"Zirui Cao, Haowei Wang, Ek Peng Chew, Haobin Li, Kok Choon Tan","doi":"10.1016/j.ejor.2025.04.015","DOIUrl":"https://doi.org/10.1016/j.ejor.2025.04.015","url":null,"abstract":"Simulation-based ranking and selection (R&S) is a popular technique for optimizing discrete-event systems (DESs). It evaluates the mean performance of system designs by simulation outputs and aims to identify the best system design from a set of alternatives by intelligently allocating a limited simulation budget. In R&S, the optimal computing budget allocation (OCBA) is an efficient budget allocation rule that asymptotically maximizes the probability of correct selection (PCS). In this paper, we first show the asymptotic OCBA rule can be recovered by considering a large-scale problem with a specific large budget. Considering a sufficiently large budget can greatly simplify computations, but it also causes the asymptotic OCBA rule ignoring the impact of budget. To address this, we then derive a budget-adaptive rule under the setting where budget is not large enough to simplify computations. The proposed budget-adaptive rule determines the ratio of total budget allocated to designs based on the budget size, and its budget-adaptive property highlights the significant impact of budget on allocation strategy. Based on the proposed budget-adaptive rule, two heuristic algorithms are developed. In the numerical experiments, the superior efficiency of our proposed allocation rule is shown.","PeriodicalId":55161,"journal":{"name":"European Journal of Operational Research","volume":"6 1","pages":""},"PeriodicalIF":6.4,"publicationDate":"2025-04-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143877946","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Firewalls or frontlines: Geopolitical tensions and multinationals' digital technology upgrading","authors":"Di Fan , Jiayan Ding , Sihong Wu , Yiyi Su","doi":"10.1016/j.techfore.2025.124147","DOIUrl":"10.1016/j.techfore.2025.124147","url":null,"abstract":"<div><div><em>How do geopolitical tensions affect digital technology upgrading?</em> Digital technology upgrading is widely recognized as a crucial driver of the Industry 4.0 era. As multinational enterprises (MNEs) increasingly seek to absorb or transfer cutting-edge digital technologies from overseas, the recent escalation of geopolitical tensions has introduced substantial uncertainty into this process. Drawing from the techno-geopolitical uncertainty literature in general and the geographic relational view in particular, this study explores how Chinese MNEs are impacted by the rise of geopolitical tensions in their efforts to transform digitally. Our findings reveal that geopolitical tensions between home and host countries adversely impact the digital technology depth and breadth of the focal firm. Also, these relationships are reinforced by the firm's contextual feature – state ownership. Yet the foreign presence of these MNEs positively moderates the relationship between geopolitical tensions and digital technology depth, but the effect is not observed for digital technology breadth. Our exploration of the interrelationships between geopolitical tensions, digital technologies, and firm governance advances the literature and provides practical implications for policymakers and managers in the new era of geopolitics.</div></div>","PeriodicalId":48454,"journal":{"name":"Technological Forecasting and Social Change","volume":"216 ","pages":"Article 124147"},"PeriodicalIF":12.9,"publicationDate":"2025-04-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143854767","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pablo Mac Clay, Guillermo Bort, Roberto Feeney, Jorge Sellare
{"title":"Industrial Dynamics and Business Strategies in the Emergence of Agricultural Biological Inputs","authors":"Pablo Mac Clay, Guillermo Bort, Roberto Feeney, Jorge Sellare","doi":"10.1002/bse.4314","DOIUrl":"https://doi.org/10.1002/bse.4314","url":null,"abstract":"Biological products present a sustainable alternative to synthetic agricultural inputs, yet the industrial dynamics triggered by these solutions remain unexplored. This study examines the strategic responses of dominant agricultural input firms to the rise of biological solutions. Through qualitative textual analysis of press releases, company reports, and other public sources, we identify five key strategies followed by incumbents: portfolio expansion, marketing and distribution, technological complementarities, product development, and window of technology. These exploration strategies are pivotal in shaping the technological and market trajectories of sustainable innovations, particularly in a sector characterized by market concentration. While synergies exist between chemical and biological products, incumbents face challenges adapting to the distinct rationale of these products. This study offers practical insights for firms operating in this emerging market while underscoring how incumbents play a dual role in navigating adaptation challenges while influencing the scalability and commercialization of these emerging sustainable technologies.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"18 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-04-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143862174","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Steven Dunn , Magda Nenycz-Thiel , Charles Graham , John Dawes , Nick Danenberg , Arry Tanusondjaja , Giang Trinh , Bruce McColl
{"title":"How categories grow: The behavioural drivers of revenue growth","authors":"Steven Dunn , Magda Nenycz-Thiel , Charles Graham , John Dawes , Nick Danenberg , Arry Tanusondjaja , Giang Trinh , Bruce McColl","doi":"10.1016/j.jbusres.2025.115385","DOIUrl":"10.1016/j.jbusres.2025.115385","url":null,"abstract":"<div><div>This study examined category revenue growth and decline in the consumer packaged goods (CPG) industry from a buyer behaviour perspective. Using 13 years of US household panel data for 474 categories, the research documents the incidence and behavioural drivers of category revenue changes. Unlike previous work that focused on total sales, this study disaggregates revenue into four buyer behaviour components: penetration, purchase frequency, volume per trip, and price per volume. The findings identified penetration and price per volume as the primary drivers of growth, while category size was found to influence their relative contributions and expected magnitude of growth. Penetration loss consistently emerged as the leading cause of decline across all category sizes. The research contributes to marketing theory by highlighting the importance of buyer behaviour in category dynamics. It also provides a novel managerial framework for more effective category growth strategies.</div></div>","PeriodicalId":15123,"journal":{"name":"Journal of Business Research","volume":"195 ","pages":"Article 115385"},"PeriodicalIF":10.5,"publicationDate":"2025-04-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143855811","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Marcus T. Wolfe , Maria João Guedes , Pankaj C. Patel , Johan Wiklund
{"title":"On an even keel: Temporal balance, ADHD, and self-employment","authors":"Marcus T. Wolfe , Maria João Guedes , Pankaj C. Patel , Johan Wiklund","doi":"10.1016/j.jbusres.2025.115373","DOIUrl":"10.1016/j.jbusres.2025.115373","url":null,"abstract":"<div><div>Drawing on temporal perspective theory, we propose that temporal balance could be an essential undergird that helps individuals with ADHD engage in self-employment. In a sample of 354 employed and 510 self-employed individuals from Portugal, controlling for various individual and firm-related factors, those with higher hyperactivity/impulsivity and temporal balance are more likely to be self-employed. Temporal balance among those with higher inattention is not associated with self-employment. We find no effect of temporal balance and ADHD components on archival firm performance. The effect sizes are practically meaningful, and the findings call for the need for temporal focus in improving the odds of self-employment for those with higher ADHD hyperactivity/impulsivity.</div></div>","PeriodicalId":15123,"journal":{"name":"Journal of Business Research","volume":"195 ","pages":"Article 115373"},"PeriodicalIF":10.5,"publicationDate":"2025-04-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143855809","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Digital information in temporary organizations","authors":"Jennifer Whyte , Ali Eshraghi","doi":"10.1016/j.scaman.2025.101419","DOIUrl":"10.1016/j.scaman.2025.101419","url":null,"abstract":"<div><div>Digital information is intrinsic to contemporary organizing but under-theorized in the literature on temporary organizations. Contributing to taking stock and moving forward from 30 years of research on temporary organizations, we unpack theoretically how these organizations are now shaped by and shaping their use of digital information. Like more permanent organizations, temporary organizations access their digital information through information systems provided by global companies, and structure that information using standardized forms and workflows. Yet, two salient and distinctive features of how temporary organizations use digital information are: first, they use diverse types of digital information that pre-exist before, are generated in and persist after temporary organizing; and second, digital information is transferred and used across multiple systems in these processes of organizing and as an output of the organization. We discuss implications for virtualization, algorithmic content generation and surveillance in temporary organizations, and identify opportunities for future research.</div></div>","PeriodicalId":47759,"journal":{"name":"Scandinavian Journal of Management","volume":"41 2","pages":"Article 101419"},"PeriodicalIF":2.0,"publicationDate":"2025-04-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143860521","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Sustainable Consumption Behaviors of Different Generations: A Qualitative Research","authors":"Canan Eryiğit, Öznur Özkan Tektaş, Niray Tunçel, Harun Mirac Güneş, Bahtışen Kavak","doi":"10.1111/ijcs.70068","DOIUrl":"https://doi.org/10.1111/ijcs.70068","url":null,"abstract":"<div>\u0000 \u0000 <p>The current study aims to explore consumers' sustainable consumption behavior (SCB) patterns within the framework of 7Rs, namely Reduce, Reuse, Recycle, Respect, Rethink, Reflect, and Redistribute. Also, the study examined whether SCBs vary among Baby Boomers, Gen-Xs, Gen-Ys, and Gen-Zs. A series of in-depth interviews were conducted with 96 individuals, 24 representing each generation. The data were analyzed using Content Analysis. The analysis results verified the major themes of the 7Rs and revealed related sub-themes. Besides, a novel theme was unveiled and labeled as “Reproduce” as the 8th R, which is also verified for all generations. By investigating the sub-themes of the 8Rs, remarkable intergenerational differences were discovered. This research highlights the variety of understandings underpinning the SCBs among different generations and contributes to the existing literature by expanding the SCBs framework to the 8Rs with a more comprehensive qualitative approach focusing on highly diversified types of sustainable behaviors.</p>\u0000 </div>","PeriodicalId":48192,"journal":{"name":"International Journal of Consumer Studies","volume":"49 3","pages":""},"PeriodicalIF":8.6,"publicationDate":"2025-04-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143852984","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Dynamic construction and maintenance of destination competitiveness based on interpretable machine learning","authors":"Yi Wang , Bo Wendy Gao","doi":"10.1016/j.jdmm.2025.101020","DOIUrl":"10.1016/j.jdmm.2025.101020","url":null,"abstract":"<div><div>This study proposes a theoretical framework for dynamic destination competitiveness (DD-TDC) by integrating digital empowerment and dynamic governance mechanisms. Using data on the competitiveness of 119 destinations from the World Economic Forum (2018–2023), the Interpretable Random Forest Model and SHapley Additive exPlanations analysis was conducted to explore the drivers of competitiveness during crisis and non-crisis periods. The findings reveal that (1) Policy factors exhibit a short-term dominant effect on competitiveness through dynamic governance mechanisms during the COVID-19 pandemic; (2) in the long term, infrastructure is the most significant driver of competitiveness, followed by tourism resources and the business environment, while policy and sustainability contribute relatively less; and (3) the long-term impact of COVID-19 on destination competitiveness is limited. This study validates the dynamic adaptability of the DD-TDC model and provides methodological insights for destination managers to address crises and build sustainable competitiveness. The results have valuable implications for both academic research and practical destination management strategies.</div></div>","PeriodicalId":48021,"journal":{"name":"Journal of Destination Marketing & Management","volume":"37 ","pages":"Article 101020"},"PeriodicalIF":8.9,"publicationDate":"2025-04-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143851609","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Viput Ongsakul, Pattanaporn Chatjuthamard, Pornsit Jiraporn, Sang Mook Lee
{"title":"Climate Change, Innovation Efficiency, and Shareholder Wealth: Insights From the Paris Agreement","authors":"Viput Ongsakul, Pattanaporn Chatjuthamard, Pornsit Jiraporn, Sang Mook Lee","doi":"10.1002/bse.4272","DOIUrl":"https://doi.org/10.1002/bse.4272","url":null,"abstract":"We examine the impact of innovation efficiency on shareholder value in the context of climate change, using the novel research quotient (RQ) metric. The adoption of the Paris Agreement provides a unique setting to assess the effect of R&D productivity on stock market reactions. Our findings reveal that lower innovation efficiency, as measured by RQ, positively impacts cumulative abnormal returns (CARs) around the Paris Agreement's adoption. This suggests that firms starting from a lower baseline of innovation efficiency have greater potential for improvement and stand to gain significantly more from the Paris Agreement's climate‐related incentives and support. In particular, a decline in innovation efficiency by one standard deviation improves the stock market reactions by 8.7%–9.9%. Also, we find that firms with stronger governance and higher profitability can further leverage these benefits, enhancing the positive market reactions to the Paris Agreement.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"28 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-04-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143853394","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}