{"title":"Patents, trade secrets and performance aspirations in family firms","authors":"Katrin Hussinger , Wunnam Basit Issah","doi":"10.1016/j.jbusres.2025.115429","DOIUrl":"10.1016/j.jbusres.2025.115429","url":null,"abstract":"<div><div>We investigate whether family ownership is associated with a preference for patents or trade secrets. Using a sample of S&P 500 firms, we show that family ownership is negatively associated with patenting and positively associated with the usage of trade secrets. We further show that both relationships are moderated by firm performance below the aspiration level. These results can be explained with a mixed gambles behavioral agency framework. When family firms perform below their aspiration level, prospective financial gains become relatively more important as compared to current socio-emotional wealth so that patents become more and trade secrets less attractive.</div></div>","PeriodicalId":15123,"journal":{"name":"Journal of Business Research","volume":"196 ","pages":"Article 115429"},"PeriodicalIF":10.5,"publicationDate":"2025-05-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143898395","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}
Tourism ManagementPub Date : 2025-05-03DOI: 10.1016/j.tourman.2025.105206
Shaolong Sun , Haoqiang Sun , Haozhe Xu , Hengyun Li , Shouyang Wang
{"title":"Unlocking the power of multimodal online reviews: A multisensory perspective","authors":"Shaolong Sun , Haoqiang Sun , Haozhe Xu , Hengyun Li , Shouyang Wang","doi":"10.1016/j.tourman.2025.105206","DOIUrl":"10.1016/j.tourman.2025.105206","url":null,"abstract":"<div><div>Multimodal online reviews have been an essential marketing tool for dominating consumer perception. However, the precise impact of visual, auditory, tactile, gustatory, and olfactory cues in multimodal content on consumers’ perceived review usefulness remains unclear. This study aims to fill this gap by exploring how text and image contents affect review usefulness from a multisensory perspective. To this end, we proposed a framework that combined machine learning and multimodal large language models to quantify the multisensory elements conveyed through review text and images. Based on the Poisson regression model, the estimation results show that while multisensory elements in text and images have a generally consistent impact on consumer perception, each sensory element carries distinct value. Furthermore, the sensory discrepancy in text and images has a negative effect on the perceived review usefulness. Our findings contribute theoretically to enhancing review persuasion effect and sensory marketing literature.</div></div>","PeriodicalId":48469,"journal":{"name":"Tourism Management","volume":"111 ","pages":"Article 105206"},"PeriodicalIF":10.9,"publicationDate":"2025-05-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143902293","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":"The Impact of Shortages on Manufacturers' New Order Dynamics","authors":"Jason Shin, Jason W. Miller, Judy Whipple","doi":"10.1111/jbl.70013","DOIUrl":"https://doi.org/10.1111/jbl.70013","url":null,"abstract":"<p>Industry practitioners and policymakers have a strong interest in understanding the dynamics associated with manufacturing firms' new orders. In the United States, many organizations, including the Institute for Supply Management (ISM), multiple branches of the Federal Reserve Banking System, and the Census Bureau publish data on new orders to inform practitioners and policymakers. This research explores how the occurrence of supply shocks moderates the impact that manufacturing firms' new orders have on manufacturing production, recruitment of workers, and suppliers' lead times. We extend the theory regarding firms' responses to supply shocks to explain why increases in new orders will have a less pronounced effect on production and employment, but a greater impact on supplier lead times during periods of pronounced shortage. To test our theory, we assemble a unique archival dataset that melds the Report on Business—Manufacturing (PMI) data from the ISM with the Census Bureau's Quarterly Survey of Plant Capacity Utilization to obtain measures of shortages. We test our hypotheses using time series techniques. We find results consistent with our predictions, which have important implications for theory, practice, and public policy.</p>","PeriodicalId":48090,"journal":{"name":"Journal of Business Logistics","volume":"46 3","pages":""},"PeriodicalIF":11.2,"publicationDate":"2025-05-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/jbl.70013","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143901031","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Alfonso Hernandez-Vivanco , Vesna Vlaisavljevic , Laura Gonzalez-Moragas , Mónica Santana
{"title":"Quality-by-design as the pharmaceutical innovation paradigm: mapping the field and proposing a conceptual framework","authors":"Alfonso Hernandez-Vivanco , Vesna Vlaisavljevic , Laura Gonzalez-Moragas , Mónica Santana","doi":"10.1016/j.techfore.2025.124182","DOIUrl":"10.1016/j.techfore.2025.124182","url":null,"abstract":"<div><div>Quality management (QM) and innovation practices are essential for business competitiveness, yet they often conflict when striving for radical advancements within complex innovation ecosystems. Amid this debate, the concept of Quality-by-Design (QbD) remains underexplored in management literature, despite its extensive development in technical fields. Taking the case of QbD in the pharmaceutical sector, this study aims at researching into its relationship with innovation, considering the interactions within the innovation ecosystem. We perform a bibliometric study, a selective content analysis combined with an assessment of the regulatory framework and relevant examples from the industry. Using the duality of the science-push and market-pull approach as the lens of our analysis and its integration with regulatory push, we propose a conceptual framework and illustrate its application using a case study on the development of COVID-19 vaccines. We propose that regulatory agencies and multinationals play a key role in fostering the adoption of QbD. Besides, we suggest that firms benefit from QbD implementation in terms of continuous improvement and, through the latter, radical innovation. This study contributes to the literature by identifying QbD as an ecosystem-based innovation strategy that enables pursuing more radical advances. Our study also inspires a future research agenda.</div></div>","PeriodicalId":48454,"journal":{"name":"Technological Forecasting and Social Change","volume":"217 ","pages":"Article 124182"},"PeriodicalIF":12.9,"publicationDate":"2025-05-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143899791","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":"Optimizing natural resource management and global supply chains through digital innovation","authors":"Imran Khan , Mohd Ziaur Rehman , Inayat Khan","doi":"10.1016/j.techfore.2025.124187","DOIUrl":"10.1016/j.techfore.2025.124187","url":null,"abstract":"<div><div>This study explores the significant impacts of digitalization on natural resource management and global supply chains, contributing to the Sustainable Development Goals (SDGs), particularly SDG 9 on industry innovation and infrastructure and SDG 12 on responsible consumption and production. It highlights the roles of resource management effectiveness (RM) and supply chain efficiency (SC) in adopting sustainable practices across economic, social, and environmental dimensions in diverse nations from developed, emerging, and developing countries. This study employs mixed-method approaches to examine the effects of digital connectivity (DC), technological integration (TI), and investment in innovation (II) against control variables including economic prosperity (EP), regulatory quality (RQ), environmental sustainability (ES), and political stability (PS). The analysis spans data from 2000 to 2022 for RM and from 2007 to 2022 for SC, offering insights into the role of technology across various stages of economic growth within diverse economic frameworks. Through rigorous econometric analysis, including first and second-generation unit root tests and FMOLS models, the study confirms the robustness of DC and TI to improve RM and SC. The findings reveal that a 1 unit increase in both DC and RQ improves RM by 0.484 and 8.404 units and SC by 0.025 and 0.398 units, respectively. The finding also reflects the positive and significant impacts of EP on both RM and SC. The findings further reveal that ES has negative impacts on RM in both short-run and long-run with coefficients of −11.334 and − 6.599, respectively. This research provides valuable insights for policymakers and industry leaders by demonstrating the significant role of digital infrastructure and innovation in achieving operational efficiency and environmental sustainability. The findings advocate for targeted policies to align technological advancements with sustainable economic practices, ensuring that digital transformation contributes positively to global economic and environmental goals. Further research is encouraged to explore the comprehensive impacts of digitalization across different economic contexts.</div></div>","PeriodicalId":48454,"journal":{"name":"Technological Forecasting and Social Change","volume":"217 ","pages":"Article 124187"},"PeriodicalIF":12.9,"publicationDate":"2025-05-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143899792","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}
Zachary S. Rogers, Marat Davletshin, Dale S. Rogers, Haozhe Chen, Rohan Y. Korde, Curtis Greve
{"title":"Unveiling the Structure of Reverse Supply Networks: An Empirical Exploration","authors":"Zachary S. Rogers, Marat Davletshin, Dale S. Rogers, Haozhe Chen, Rohan Y. Korde, Curtis Greve","doi":"10.1111/jbl.70014","DOIUrl":"https://doi.org/10.1111/jbl.70014","url":null,"abstract":"<div>\u0000 \u0000 <p>As the levels of inventory in supply chains worldwide continue to rise, with over $800 billion of returned and excess inventory (equivalent to 3% of the U.S. GDP) passing through secondary market channels each year, efficient reverse supply networks have become increasingly important. In this study, we use a multi-method approach to analyze a longitudinal dataset from a large U.S. reverse logistics platform for the purpose of mapping the reverse supply network and exploring its evolution over time. Taking a network perspective and drawing upon the complex adaptive system theory, our study contributes to the literature by providing the first large-scale, long-term mapping of a reverse supply network. This analysis reveals how reverse supply networks evolve, how macroeconomic factors impact their dynamically changing structures, and how these networks differ from forward supply networks. Our findings also provide important implications for managers, shedding light on the importance of secondary markets and reverse supply networks in firms' overall supply chain strategies.</p>\u0000 </div>","PeriodicalId":48090,"journal":{"name":"Journal of Business Logistics","volume":"46 3","pages":""},"PeriodicalIF":11.2,"publicationDate":"2025-05-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143901072","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}
Anis Ur Rehman, Sushant Kumar, Rsha Alghafes, Laura Broccardo, Ajay Kumar Patel
{"title":"Role of Greenwashing in Influencing Brand Attitude and Consumption: Identifying Sustainable Business Strategies","authors":"Anis Ur Rehman, Sushant Kumar, Rsha Alghafes, Laura Broccardo, Ajay Kumar Patel","doi":"10.1002/bse.4300","DOIUrl":"https://doi.org/10.1002/bse.4300","url":null,"abstract":"With firms' increasing adoption of green marketing strategies, greenwashing is also becoming more prevalent. Despite the negative consequences of greenwashing, limited studies have investigated its impact on attitude and consumption. Earlier studies have used greenwashing as a one‐dimensional construct and do not distinguish between different greenwashing practices. Based on the integrated framework of the Attribution Theory and the elaboration likelihood model, this study examines the effects of situational involvement with greenwashing practices on perceived greenwashing, green skepticism, and ultimately, brand attitude and purchase intention. Additionally, it investigates the moderating effect of environmental knowledge. Using a cross‐sectional research design, the study uses structural equation modeling to analyze the data collected from 353 US consumers. Findings suggest that greenwashing practices influence attitude and purchase intentions. The mediating role of green skepticism was also established. Additionally, the study highlights environmental knowledge's moderating role in the relationships studied. The results have implications for sustainable business practices and improving positive brand attitudes and green consumption by understanding customer perception of greenwashing.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"20 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2025-05-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143898126","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":"Exploring the Influence of Administrative Capacities on Administrative Burdens","authors":"Fabiola Perales-Fernandez","doi":"10.1093/jopart/muaf011","DOIUrl":"https://doi.org/10.1093/jopart/muaf011","url":null,"abstract":"This research explores administrative capacities to explain the variation in the public’s experience of administrative burdens. Through a qualitative exploratory case study based on semi-structured interviews in Mexico, the paper argues that administrative capacities can structure or shape administrative burdens. The effect can be either positive, where burdens are alleviated or transferred to the state, or negative, where burdens are amplified or newly created. This study identified six administrative capacities that influence administrative burdens: the design of interaction rules, government communication strategies, government resources, organizational structures that provide personalized assistance to citizens, coordination schemes among government offices, and professionalization of street-level bureaucrats. This paper contributes to the growing literature on the governance of administrative burdens and strategies for burden reduction.","PeriodicalId":48366,"journal":{"name":"Journal of Public Administration Research and Theory","volume":"15 1","pages":""},"PeriodicalIF":4.2,"publicationDate":"2025-05-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143898251","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":"Inconsistent responses to uncooperative client manager behavior: When auditors’ judgments and actions diverge","authors":"Michael A. Ricci, Dan Rimkus","doi":"10.1016/j.aos.2025.101593","DOIUrl":"10.1016/j.aos.2025.101593","url":null,"abstract":"<div><div>Auditors frequently encounter uncooperative clients that make evidence collection more difficult, but prior research points to conflicting perspectives on auditor reactions to this behavior. To add clarity, we conduct four studies. In Study 1, we predict and find that staff auditors increase their skeptical judgments in response to uncooperative clients, but also decrease their skeptical actions, creating an inconsistency that contradicts the audit risk model. We also find that the inconsistency is driven by participant concerns that taking actions against uncooperative clients will induce anxiety. In Study 2, we replicate these results, but also find that the inconsistency is reduced when actions require less interpersonal contact with the uncooperative client. A third experiment (Study 3) and an accompanying survey (Study 4) indicate that client personnel, especially those with more experience, anticipate staff auditor responses to less cooperative behavior and exploit these responses when misreporting or attempting to avoid auditor scrutiny. Altogether, this paper develops theory about inconsistent auditor reactions to uncooperative clients, has methodological implications, and is relevant to practitioners concerned about inconsistency between auditor judgment and action.</div></div>","PeriodicalId":48379,"journal":{"name":"Accounting Organizations and Society","volume":"114 ","pages":"Article 101593"},"PeriodicalIF":3.6,"publicationDate":"2025-05-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143895200","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}
Economic OutlookPub Date : 2025-05-02DOI: 10.1111/1468-0319.12814
Innes McFee
{"title":"Feature Article: The economics of narrow self-interest – five key trends","authors":"Innes McFee","doi":"10.1111/1468-0319.12814","DOIUrl":"https://doi.org/10.1111/1468-0319.12814","url":null,"abstract":"","PeriodicalId":35841,"journal":{"name":"Economic Outlook","volume":"49 2","pages":"25-32"},"PeriodicalIF":0.0,"publicationDate":"2025-05-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143896792","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}