Simulated financial dealing room: learning discovery and student accountability

This paper identifies the effectiveness of a simulated treasury dealing room for teaching and learning. It uses a presurvey and a postsurvey to establish student perceptions of learning effectiveness. It concludes that students believe that the dealing room: (i) improves their opportunities to apply theory; (ii) provides better learning than lectures; (iii) is more effective than individual learning; (iv) improves student monitoring of learning effectiveness; and (v) improves student abilities to recognize ethical issues, develop alternative solutions to ethical problems, and evaluate solutions to ethical problems from a moral point of view. Student motivation is enhanced by: (i) the high value they place on dealing room learning; (ii) their preparedness to participate; (iii) rapidly reduced levels of anxiety about trading; and (iv) the learning resources provided.     

Technologies, products and firms' strategies part 1—a framework for .analysis

This article examines, the character and significance of 'strategies' formulated within the R&D function of a business, and their relatzonship to the broader business strategy of the parent company. The discussion forms a basis for the analysis of case studies of three large UK companies, which will be published later as Part 2 of this article Part 1 of the article identifies three foci of innovation studzes: first, that of the innovations themselves; secondly, that of patterns of innovation within discrete industrial sectors; thirdly, that of the innovating firms and their strategies. The discussion focuses on the third topic nad explores two aspects of the tehnological components of innovation strategies. First, the shape of the prorgolio of products under development, the technical and market specificities they possess, and secondly, the structure of the portfolios of technologies required and used in those products. These dimensions of strategy combine both firm-specific and public-domain tecnoligical competenes. These competences affect both the competitive position and the strategic direction of firms. Finally, the article proposes some analytical devices for making sense of technology strategies in the thre firms studied. Part 2 of the article presetns the substance of the case studies, and reviews the lessons which they reveal.     

Employment and new technology in Tameside

The authors argue that most current prognostications of the employment implications of new microelectronic technologies exaggerate the rate at which they will be introduced and, by taking the national or international perspective, pay too little attention to smaller regions. A survey of Tameside, a part of Manchester, UK, shows that, although many jobs are at risk in some industries, the overall changes during the 1980s are unlikely to be as great as might have been supposed; this is because of the industrial structure of that particular locality.     

Thirsty in an Ocean of Data? Pitfalls and Practical Strategies When Partnering With Industry on Big Data Supply Chain Research

Increased volume, velocity, and variety of data provides new opportunities for businesses to take advantage of data science techniques, predictive analytics, and big data. However, firms are struggling to make use of their disjointed and unintegrated data streams. Despite this, academics with the analytic tools and training to pursue such research often face difficulty gaining access to corporate data. We explore the divergent goals of practitioners and academics and how the gap that exists between the communities can be overcome to derive mutual value from big data. We describe a practical roadmap for collaboration between academics and practitioners pursuing big data research. Then we detail a case example of how, by following this roadmap, researchers can provide insight to a firm on a specific supply chain problem while developing a replicable template for effective analysis of big data. In our case study, we demonstrate the value of effectively pairing management theory with big data exploration, describe unique challenges involved in big data research, and develop a novel and replicable hierarchical regression‐based process for analyzing big data.     

Revenue enhancing tariff reform

Revenue Enhancing Tariff Reform. - Programmes of gradual trade policy reform have been included in most of the structural adjustment packages adopted by developing countries. So far the literature on piecemeal trade policy reform has concentrated on finding reform programmes that improve the welfare of a representative individual. Yet trade taxes are an important source of government revenue in many developing countries. This paper therefore examines tariff reform programmes that are both welfare improving and revenue enhancing. It first determines general conditions under which such a reform will exist and then considers specific reforms of both single tariffs and groups of tariffs. The standard welfare improving reform programmes — proportional and concertina reforms - are also discussed.