{"title":"Proposing a Solution Towards Avoiding Ecological Fallacy While Using National Culture Dimensions in Consumer Behaviour Studies","authors":"Pratyush Banerjee","doi":"10.1177/ijim.231200085","DOIUrl":"https://doi.org/10.1177/ijim.231200085","url":null,"abstract":"Today web-enabled services ranging from information sharing to online purchasing of products or services have become an increasingly frequent affair. In this context, previous research has explored the nature of complex cyber transactions and the various factors, which lead to formation of perceptions about such web-based services in the consumers’ minds. One important factor, which has been intriguing management researchers in this respect, is the influence of cultural values of consumers on online purchase intentions and perceptions about e-service quality. Most studies done in this context have used Hofstede’s national-level culture dimensions to do an individual-level analysis of consumer behaviour, but in doing so, have encountered a methodological issue known as ecological fallacy. This study wishes to demonstrate an alternate approach for culture-specific consumer purchase behaviour research using individual-level cultural values as study variables, thus eradicating the issue of ecological fallacy.","PeriodicalId":403169,"journal":{"name":"IMIB Journal of Innovation and Management","volume":" 30","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-01-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139625184","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}
{"title":"Managing Change: Love or Hate Relationships","authors":"Geeta Rana, Ravindra Sharma","doi":"10.1177/ijim.231198590","DOIUrl":"https://doi.org/10.1177/ijim.231198590","url":null,"abstract":"The purpose of this article is to provide an overview of the latest developments in change management worldwide and to identify practical implications arising from leading-edge research. The methodology for this briefing involves an independent writer adding impartial comments and contextualising the articles. The article examines the importance of having a high-quality management team in evaluating, designing and executing successful change strategies; specifically, the team’s capability to structure the organisation in a way that is responsive and progressive is crucial for successful change management. The article also discusses creative problem-solving and its limitations, and indicates that an independent facilitator could promote creative problem-solving. The authors opine that business leaders must have a better understanding of the different roles they can assume to make sure that initiatives are sustainable and successful. Successful change leaders attribute their success to leading change rather than managing it. This article offers deep insights into newest developments in change management and underscores the importance of effective leadership in achieving successful change initiatives.","PeriodicalId":403169,"journal":{"name":"IMIB Journal of Innovation and Management","volume":"29 3","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-01-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139532353","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}
{"title":"Investigating the Determinants of the Innovation Adoption for Continuous Improvement in a Teacher-Training Institution: Evidence from the COVID-19 Period","authors":"Vidhya Satish, Arshia Kaul, Vasundhara Kaul","doi":"10.1177/ijim.231205659","DOIUrl":"https://doi.org/10.1177/ijim.231205659","url":null,"abstract":"We are living in an ever-changing world. The changes in science, technology and economics constantly impact areas closely related to human life, such as education and health. Organisations must rely on innovation to remain relevant and effective in a constantly evolving society. Educational institutions, namely schools, colleges or even training institutions, contribute to product innovation when they produce new and significantly different products and services such as new syllabi, new resources or new educational experiences like e-learning. They carry out process innovation when they bring about significant changes in how they provide their service, for instance, changes in the way their teachers work together, communicate with parents or offer services in collaboration with other institutions. With the onset of the medical catastrophe of COVID-19 and the pandemic thereafter, the education sector plunged itself into adapting to the use of technology to keep its service functional, albeit with significant challenges faced in its effective implementation. In this article, the focus is on studying technology implementation in an early childhood care teacher-training institute to establish service innovation in education in the post-pandemic era. Multiple perspectives were derived from all the stakeholders, such as student-teachers, teacher educators and heads of schools (as future employers) regarding teacher preparedness and student-teacher readiness. The inputs helped us to develop the conceptual model for future teaching-learning. The conceptual model A.D.O.P.T. (Act with growth mindset, Deliver Quality, Open to Adaptation, Prioritize with Precision, Team Engagement) highlights how the stakeholders move from makeshift ‘jugaad’ innovation to sustainable development of the educational system through grassroots innovation.","PeriodicalId":403169,"journal":{"name":"IMIB Journal of Innovation and Management","volume":" 11","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-01-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139625230","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}
M. G. Kharat, Hema Diwan, S. Parhi, Mukesh Govind Kharat, Sarang Joshi, Samridhi Kapoor
{"title":"Application of an MCDM Model for Green Supply Chain Management Implementation Using Analytic Hierarchy Process","authors":"M. G. Kharat, Hema Diwan, S. Parhi, Mukesh Govind Kharat, Sarang Joshi, Samridhi Kapoor","doi":"10.1177/jinm.231219066","DOIUrl":"https://doi.org/10.1177/jinm.231219066","url":null,"abstract":"Green supply chain management (GSCM) has been proposed as a potential remedy for business sustainability-related issues. This study offers key green practices that may be applied at the strategic, operational and tactical levels in order to combine conventional supply networks with sustainable supply chains. When establishing the criteria, professional opinions were taken into account in order to identify pertinent components. The analytic hierarchy process has been used to assess the relative weights and relevance of the GSCM criteria. The expert opinions from academic and industrial specialists were used to make pair-wise comparisons. Green practices have been prioritised, and a framework with 4 major factors and 16 sub-factors has been proposed for making intelligent judgements. Findings point out that top leadership commitment to sustainability-related issues, legal compliance, environmentally friendly design, green purchasing, health and safety, and regulatory compliance practices are crucial for implementing sustainability across the supply chain. It might be claimed that adopting GSCM practices can boost a company’s long-term performance while also increasing its operational eco-efficiency reaping cost and efficiency benefits. The results of the study would assist GSCM practitioners in selecting appropriate strategies in consonance with the governing rules and regulations and customers’ requirements.","PeriodicalId":403169,"journal":{"name":"IMIB Journal of Innovation and Management","volume":" 45","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-01-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139624151","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}
{"title":"Factors Affecting Customer Satisfaction in Online Grocery Shopping: An Empirical Analysis","authors":"Siddharth Singh Tomar","doi":"10.1177/ijim.231206620","DOIUrl":"https://doi.org/10.1177/ijim.231206620","url":null,"abstract":"In today’s era, internet has become one of the most popular platforms to shop online including grocery products. Online grocery shopping (OGS) has been considered relatively new but a promising sector of e-commerce in India. Several scholars have investigated the factors affecting the customer intention to buy grocery products online in different research contexts, however, there is no consensus in the literature on determinants of OGS. This article aims to explore the factors, such as convenience, trust, website design and security, that influence customer satisfaction in OGS. A survey was developed, and collected responses were analysed using confirmatory factor analysis and multiple regression analysis. The findings suggest that one of the major determinants of customer satisfaction while buying groceries online is website user-friendliness and the information provided about the grocery items. Furthermore, convenience and payment security also have a very significant positive impact on customer satisfaction.","PeriodicalId":403169,"journal":{"name":"IMIB Journal of Innovation and Management","volume":" 17","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-01-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139624446","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}
{"title":"Leadership, Governance, Institution Building, Quality Assurance and the Role of Stakeholders in Accreditation of Higher Education Institutions","authors":"S. Patra, Leena P. Singh","doi":"10.1177/ijim.231209870","DOIUrl":"https://doi.org/10.1177/ijim.231209870","url":null,"abstract":"","PeriodicalId":403169,"journal":{"name":"IMIB Journal of Innovation and Management","volume":"225 7","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139636607","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}
{"title":"Labour Force Participation, Gender Equality and Women’s Empowerment Through Micro-entrepreneurship: Evidence from Odisha, India","authors":"Asis Kumar Senapati, Debapriya Parida","doi":"10.1177/ijim.231200316","DOIUrl":"https://doi.org/10.1177/ijim.231200316","url":null,"abstract":"In this 21st century, the aggregative model of democracy would not be able to address the complex problem of a plural society where structural inequality is rampant. Hence, it is imperative to unearth a convenient way of the decision-making process through various social and economic empowerment factors, which enhance women’s participation and awareness despite structural inequalities deeply rooted in Indian society in general and Odisha in particular. This article seeks to highlight the factors determining women’s empowerment and identify issues related to the management of the enterprise. We have surveyed a hundred women entrepreneurs in the Ganjam district of Odisha, India, for the study. We have used multiple regression and Poisson regression models to identify the key determinants of women’s empowerment. The study found that domestic decision, autonomy, self-confidence, business skills and public deliberation are significant determinants of the number of indicators adopted to enhance the overall empowerment index. The multiple regression models found that women’s leisure, unpaid work, self-confidence, business skills and social status positively affect empowerment. The study found that micro-entrepreneurship is successful in the Ganjam district of Odisha. Hence, it is imperative to empower women through public deliberation and motivate them to participate in micro-entrepreneurship.","PeriodicalId":403169,"journal":{"name":"IMIB Journal of Innovation and Management","volume":"18 4","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139008569","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}
Arjyalopa Mishra, Aadhruti Vangaveti, Sidhanth M. K. Majoo
{"title":"Fintechs Reshaping the Financial Ecology: The Growing Trends and Regulatory Framework","authors":"Arjyalopa Mishra, Aadhruti Vangaveti, Sidhanth M. K. Majoo","doi":"10.1177/ijim.231200315","DOIUrl":"https://doi.org/10.1177/ijim.231200315","url":null,"abstract":"The concept of financial ecology encompasses the intricate interplay of financial systems, institutions, and technologies within the economic ecosystem. It emphasizes the symbiotic relationships and dependencies that shape the modern financial world. Development of Fintech has the potential to significantly enhance and reshape the dynamics of the financial ecology, introducing new players and altering established relationships within the ecosystem. In today’s digital realm, the financial landscape has gained significant steam in its adoption of technology tools to dispense its services. The ‘internet economy’ is relied upon to produce new market development opportunities and occupations and become the greatest business opportunity for organisations in the future. India has come up significantly in the global discussion on financial technologies over the last two decades. Through a systematic review of the literature on this area, this article identifies that the regulatory framework requires provisions to support greater fintech inclusion. Moreover, several issues still lie deficiently addressed, such as user privacy and cybersecurity. This article attempts to review the opportunities, scope and risks for the implementation of financial innovation in India.","PeriodicalId":403169,"journal":{"name":"IMIB Journal of Innovation and Management","volume":"17 3","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139008572","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}
{"title":"Does Risk Return Trade-off Hold in Base Metal and Bullion Commodity Assets? A Bayesian Change Point Analysis","authors":"S. Jena, A. Tiwari","doi":"10.1177/ijim.231199540","DOIUrl":"https://doi.org/10.1177/ijim.231199540","url":null,"abstract":"The risk-return trade-off is fundamental to portfolio investing whose stability is critical for portfolio optimisation. Since the relationship is dynamic, the portfolio manager should know the point of change and, thereafter duration of the changed period with certainty. First, we have done Bayesian change point analysis, and then based on the analysis, the study identifies the regimes having equal statistical variance along with the corresponding average return in two most popular commodities, that is, copper and gold. It is found that risk-return trade-off is not stable. Further, in a higher volatility regime, only gold can be considered as a diversifiable commodity because a positive risk-return trade-off holds. But in a low volatility regime, both commodities lose their diversification properties as the risk-return relation becomes negative.","PeriodicalId":403169,"journal":{"name":"IMIB Journal of Innovation and Management","volume":"24 25","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139006576","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}
{"title":"Corporate Social Responsibility Initiatives During COVID-19: A Study on the Indian FMCG Sector","authors":"A. Menaga, S. Lokesh, S. Vasantha","doi":"10.1177/ijim.221148837","DOIUrl":"https://doi.org/10.1177/ijim.221148837","url":null,"abstract":"The research aims to study the Perceived consumer and CSR initiation taken by the organization and their influences on Brand loyalty. The study combines Carroll’s CSR pyramid theory and Ovidiu’s brand loyalty multidimensional model. To test the relationship between CSR and brand loyalty, especially the research intended to test the two-dimension legal and ethical aspects of Carroll’s model out of four which represents the consumer perceived CSR, with the SEM method, the relationship between CSR and brand loyalty is tested. The study did two things: reviewed the FMCG initiative taken by top FMCG. And then adopted purposive sampling of 10 Indian-listed FMCG sectors and collected data through an online Google survey during the pandemic period from September 2020 to May 2021; the study got 450 valid responses. The role of corporate social responsibility creates brand loyalty is confirmed. Research also found that consumers are more attracted to the legal and ethical responsibility of the organization. The research implies a marketing strategy for gaining brand loyalty. The findings project that event marketing, media marketing, and customer loyalty programs can create more effective CSR programs, and greater satisfaction with a product will make repeated purchase behaviour among customers.","PeriodicalId":403169,"journal":{"name":"IMIB Journal of Innovation and Management","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-08-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130256865","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}