Developing Usability and Utility: A Comparative Study of the Users of New IT

The paper, based on a major comparative study of the introduction of management information systems in retailing, health and higher education, argues for a broader and more differentiated account of users in studies of technological innovation. End-users must incorporate new systems into their working lives and in so doing play a crucial and active part in embedding new systems into organizations. The particular focus of this paper is the interplay of two key aspects of the varied and developing relationships between users and new systems-usability and utility. By classifying discussions of usability into six distinct components, the paper recasts it as a multifaceted phenomenon that is as much social as it is technological. The development of utility is explored through a discussion of three different groups of users-one drawn from each research site. Each group is taken to exemplify different locations in and stances towards processes of techno-organizational change.     

Customer satisfaction and retail sales performance: an empirical investigation

We measure the links between store attribute perceptions and customer satisfaction, and between customer satisfaction and sales performance. Our data set consists of six waves of customer satisfaction and sales data for about 250 retail outlets over the period 1998-2001 for a publicly held supermarket company. We construct a statistical model to address nonlinearities and asymmetries in the satisfaction-sales performance links, and we illustrate how retailers can affect store revenues by managing customer satisfaction. Contributions of our study include the analysis of behavioral consequences of customer satisfaction in the food retail sector, the accommodation of complexities in the satisfaction-sales performance links based on an empirical model of first differences, and a discussion of how managers can employ the results for customer satisfaction policies.     

The R&D/Production interface in four developed countries

The relationship between company R&D and commercial performance, if any, is the subject of much discussion and little measurement. One view (Bisio and Gastwirt 1979) is that meaningful quantitative generalisations on the value of R&D to companies cannot be made.
A later study (Bergen 1983) introduced quantitative methods by creating a series of hypotheses. These were tested by scoring related variables and analysing the data for correlations and population differences. The study was confined to one industry to approach like for like comparison as closely as possible.
The results encouraged the extension of the study to include Japan (Bergen & Miyajima 1986) and the USA. The present paper reports on the four country quantitative comparisons. Among other indications, the findings support the view that national culture is an important factor in both methods and results and that there is a correlation between R&D investment and productivity.     

Reviews

GRAND STRATEGY OR DRAINING LAKE WINDERMERE WITH A TEASPOON?

Chandler, J.A. and Lawless, P. 1985: Local Authorities and the Creation of Employment. Aldershot: Gower, £14.50 hardback only.

HOW IT'S DONE IN HAMMERSMITH.

Allan, M., Fenton, M. and Flockhart, A. 1985: Creating a local economic development network. A case study of Hammersmith and Fulham. Dundee Park Place Publishing/The Planning Exchange, £7.50 paperback.

ENTREPRENEURSHIP FOR THE UNEMPLOYED?

Nabarro, R., Davies, R., Cobbold, C. and Galley, N., 1986: Local enterprise and the unemployed. London: Calouste Gulbenkian Foundation. £4.00 plus 60p postage.

THE CO-OP BANK LOOKS AT CO-OPS.

P. A. Management Consultants Ltd. and Co-operative Bank plc, 1985: Workers Co-operatives Past, Present and Future. Manchester: P. A. Management Consultants (Manchester), £20.00.

HOUSING LAND: ARE PLANNERS LOSING THEIR GRIP?

Rydin, Yvonne, 1986: Housing Land Policy. Aldershot: Gower, £15.00 cloth.

MONETARISTS LOOK AT LIVERPOOL.

Liverpool Research Group in Macroeconomics, 1986: Merseyside Economic Prospect Vol. 1, No. 1 February 1986. Liverpool: University of Liverpool, £6.00.

THE FORGOTTEN DEPRIVATION OF RURAL AREAS.

Association of District Councils, 1986: The Rural Economy At The Crossroads—A Review of Rural Needs and Problems in the '80s. ADC,

9 Buckingham Gate, London SW1E 6LE. £5.00.

THE LONDON FINANCIAL STRATEGY.

Greater London Council, 1986: London Financial Strategy London: Greater London Council, £3.50 (now available from London Strategic Policy Unit, 20 Vauxhall Bridge Road, London SW1).     

The Productivity-Enhancing Impacts of the Minimum Wage: Lessons from Denmark and New Zealand

This article adds an international comparative perspective to the reflection on 100 years of minimum wage legislation in Britain by exploring the impact of minimum wage regulations and institutions in Denmark and New Zealand. In particular, it looks at the question of whether minimum wages can raise productivity through the 'shock effect'. It argues that while they will play a role, a supportive institutional framework is more important in providing coordinated solutions to issues of market failure, such as inadequate levels of training. The article suggests that sectoral bargaining institutions in low-paid sectors may have the potential to facilitate such coordination and enable the high-productivity model to emerge.     

Acquaintance or partner? Social economy organizations,institutional logics and regional development in Australia

The social economy as a regional development actor is gaining greater attention given its purported ability to address social and environmental problems. This growth in interest is occurring within a global environment that is calling for a more holistic understanding of development compared to traditionally economic-centric conceptions. While regional development policies and practices have long considered for-profit businesses as agents for regional growth, there is a relatively limited understanding of the role of the social economy as a development actor. The institutional environment is a large determinant of all kinds of entrepreneurial activity, and therefore understanding the relationships between the social economy and broader regional development processes is warranted. This paper moves beyond suggestions of an economic-centric focus of regional development by utilizing institutional logics as a theoretical framework for understanding the role of social enterprises in regional development. A multiple case study of ten social enterprises in two regional locations in Australia suggests that social enterprises can represent competing logics to economic-centric institutional values and systems. The paper argues that dominant institutional logics can promote or constrain the inter-play between the social and the economic aspects of development, in the context of social enterprises.     

Accounting for Sustainable Development over the Long‐Run: Lessons from Germany

We construct long‐run sustainability indicators based on changes in Comprehensive Wealth – which we refer to as Genuine Savings (GS) – for Germany over the period 1850–2000. We find that German sustainability indicators are positive for the most part, although they are negative during and after the two World Wars and also the Great Depression. We also test the relationship between these wealth changes and a number of measures of well‐being over the long‐run: changes in consumption as well as changes in average height and infant mortality rates. We find a positive relationship between GS and our well‐being indicators over different time horizons, however, the relationship breaks down during WWII. We also test if the GS/Comprehensive Wealth framework is able to cope with massive disinvestment at the end of the Second World War due to war‐related destructions and dismantlement. We find that negative rates of GS were by and large avoided due to the accumulation of technology and growth‐friendly institutions. We demonstrate the importance of broader measures of capital, including measures of technological progress, and its role in the process of economic development; and the limits of conventional measures of investment to understand why future German consumption did not collapse.     

Correlation dynamics in European equity markets

We examine correlation dynamics using daily data from 1993 to 2002 on the five largest Euro-zone stock market indices. We also study, for comparison, the correlations of a sample of individual stocks. We employ both unconditional and conditional estimation methodologies, including estimation of the conditional correlations using the symmetric and asymmetric DCC-MVGARCH model, extended with the inclusion of a deterministic time trend. We confirm the presence of a structural break in market index correlations reported by previous researchers and, using an innovative likelihood-based search, we find that the it occurred at the beginning the process of monetary integration in the Euro-zone. We find mixed evidence of asymmetric correlation reactions to news of the type modelled by conventional asymmetric DCC-MVGARCH specifications.     

Regulation,entrepreneurship, and firm size

Journal of Regulatory Economics - We empirically investigate the theory that regulatory growth within an industry disproportionately burdens small businesses relative to their larger competitors....