Decision Support in Virtual Organizations: The Case for Multi-Agent Support

The new economy, which is being formed by the Internet-based e-commerce and the now emerging mobile commerce, may become what Martin calls a cyber economy. This will combine traditional business with the new e- and mobile business, and will be driven by a new breed of online customers, who operate both wired and wireless networks, who will expect fast delivery, easier transactions and more fact-based information. The cyber economy requires that business is operated with virtual organisations and that decision making in this context – virtual organisations and the cyber economy – will require new and advanced forms of decision support. We have found that a useful decision platform can be built around hyperknowledge and the use of multiple software agents, if the core of these agents is built on fuzzy logic and approximate reasoning.     

Sealed bid auctions versus ascending bid auctions: an experimental study

This paper considers two multi-item auction formats (ascending and sealed bid) which both identify the minimum Walrasian equilibrium prices and where truthful preference revelation constitutes an equilibrium. Even though these auction formats share many theoretical properties, there are behavioral aspects that are not easily captured. To explore this issue in more detail, this paper experimentally investigates what role the design of the auction format has for its outcome. The results suggest that the sealed bid mechanism performs weakly better in all of the investigated measures (consistent reporting, efficiency etc.). In addition, we find that the performance of the ascending auction is increasing over time, whereas the sealed bid auction shows no such tendency.     

Export-led Growth: Application to China's Provinces, 1978–2001

China's economic development has in many ways taken the world by storm, and no part of the country has been left fully unaffected. Many attempts have been made to explain the sources of this rapid, yet uneven, development. Previous studies on the specific relationship between growing exports and economic growth provide important information on the issue, but results from individual provinces are lacking. To fill the gap, this paper reviews the basic empirical question defined by the export-led growth (ELG) hypothesis, i.e. whether growth in exports drives growth in GDP, at the provincial level. The ELG hypothesis is validated in 13 of the 27 provinces in the sample.     

The Chinese electricity industry: supply capacity and its determinants with reference to OECD countries

Empirical evidence suggests that China has benefited from foreign direct investment (FDI). An important question that remains unanswered is whether China has benefited more from FDI than other countries in general, and other transition and developing countries in particular. This paper investigates this issue by performing a meta-analysis on a sample of 67 country-specific studies yielding 137 observations that have gauged the link between FDI and measures of economic growth. The results suggest that the impact of FDI is, on average, more positively significant for China than for the full sample of countries, but that the difference between China and other transition economies is less clear.     

Psychological Constructs Underlying Farmers’ Decisions to Diversify or Specialise their Businesses – An Application of Theory of Planned Behaviour

We use the theory of planned behaviour (TPB) to explain how underlying psychological constructs influence farmers’ decisions to extend their farm businesses to income‐generating ventures outside conventional agricultural production. The analysis contrasts the influence of psychological constructs on this decision with those on decisions to specialise in a single farm enterprise or to have multiple farm enterprises. This is one of the first studies to introduce psychological constructs into the study of farm diversification. It is based on a sample of 929 Swedish farms participating in the official Swedish Farm Economic Survey. These data are supplemented with a detailed postal questionnaire to the participating farmers, generating a response rate of 73% and an effective sample size of 679 farmers and their businesses. Data are analysed with factor and multinomial logistic regression analyses. Results show that psychological constructs in TPB (attitude, subjective norm and perceived behavioural control) influence farmers’ decisions regarding the strategy they adopt. Attitude and subjective norm are found to be especially influential in these decisions. Given the prominent role agriculture still has in rural development policy, where the development of new ventures in farm businesses is perceived as the engine for rural economic growth and employment, these findings have clear policy implications.     

Resident Attitudes Towards Mountain Second-Home Tourism Development in Norway: The Effects of Environmental Attitudes

Rural tourism, especially through second-home development is increasing rapidly in much of Europe, the USA and Canada offering new economic opportunities for local communities, but also challenges related to environmental impacts and differing perceptions within communities about appropriate development paths. This study examines associations between the environmental attitudes of residents and attitudes towards second-home development in two regions in Southern Norway, with community attachment and economic dependency as additional predictors. Ecocentrism was found to have a strong negative effect on attitudes towards tourism development, while, in contrast to previous findings, community attachment did not have significant effects. Economic dependency is significantly related to attitudes towards development; both ecocentrism and economic dependency are mediated by other variables, such as expected impacts and benefits. The findings are important in planning to reduce potential conflicts.     

The Shrinking City as a Growth Machine: Detroit's Reinvention of Growth through Triage,Foundation Work and Talent Attraction

Despite Detroit's reputation for social and financial crisis, developers and investors have successfully pursued growth and land-use intensification in recent years. However, in Molotch's initial conception of the growth machine, environments of extreme decline go under analyzed. While scholars have investigated the role of growth in Detroit, they have narrowly focused on a single document: the Detroit Future City framework. This work looks more holistically at the development networks leveraged to pursue growth through a discourse analysis of a broader set of development documents and interviews with development professionals, uncovering ways the growth machine adapts to this unlikely environment for growth. Rather than proposing an alternative to growth for a shrinking city, growth elites (led by philanthropic foundations) propose development scenarios leveraging triage to channel diminished amounts of development resources. In doing this, Greater Downtown, with its investment potential, is polarized from other areas of the city seen as risky investments. In addition to focusing growth in investment-friendly areas, growth coalitions pursue incentives and branding campaigns to attract talent and affluence. These dynamics are a divergence from the growth machine model that supports the narrative that growth benefits all residents in favor of a narrative of triage.     

From feminism to FemInc.ism: On the uneasy relationship between feminism,entrepreneurship and the Nordic welfare state

Feminism in the Nordic countries was primarily formulated in terms of ‘state feminism’. The women’s movement cooperated with feminist government officials and politicians, resulting in societies that can be considered to be the most gender-equal societies in the world. Historically, the state provided for a large publicly-financed welfare sector which made it possible for many women to combine work and family through the state’s implementation of family-friendly policies, while simultaneously providing employment opportunities for many women. However, since the financial crisis of the 1990s, there has been a political change influenced by neo-liberal thought, in which politicians have handed over the welfare state’s responsibilities to the market, and, instead, the politicians have encouraged entrepreneurship, not least among women. Further to this development, there has been a change in emphasis from entrepreneurship (understood as starting and running a business) to entrepreneurialism which, in addition to a belief in the efficacy of market forces, also contains a social dimension where individuals are supposed to be flexible and exercise choice. In this article, we ask whether this entails a change in the feminist project in the Nordic countries, and if so, what the likely consequences are for this project, both in practice and in research. In order to answer this question, we reviewed existing Nordic research on women’s entrepreneurship and examined how this body of work conceptualizes entrepreneurship, gender, the state, and equality. We also considered whether any trends could be identified. We relate our findings to recent changes in government policy and conclude that the current discourse on entrepreneurship challenges, and possibly weakens, state feminism, but we also conclude that this discourse may also provide space for new forms of feminist action, in market terms. We coin the term FemInc.ism to denote feminist action through enterprise and we discuss a number of important challenges that research on this phenomenon is faced with.     

Analyzing tourists’ length of stay at destinations with survival models: A constructive critique based on a case study

The statistical modeling of tourists’ length of stay at destinations is a topic that recently has received much attention from tourism scholars. In this regard, so-called “survival models” have been introduced as a means of studying how a set of independent variables explain variation in the number of days tourists spend at destinations. This paper provides a critical look at these studies. There are two main findings. (1) The various justifications offered for favoring the survival models over the traditional OLS regression do not hold up under closer scrutiny. (2) An empirical study shows that the OLS regression model describes the association between a set of independent variables and length of stay at least as effectively as a battery of survival models. In line with the principle of parsimony it is concluded that future studies on tourists’ length of stay should abandon survival models if they are conducted along similar lines as the ones to date.     

The Difficult Path to Lean Product Development

Lean product development holds the promise of dramatically improving a company's competitive position. Its implementation offers the potential for faster product development with fewer engineering hours, improved manufacturability of products, higher quality products, fewer production start-up problems, and faster time to market. Of course, all of this improves the likelihood of market success. As Christer Karlsson and Pär Åhlström point out, however, a company attempting to implement lean product development must overcome numerous obstacles. By spending more than 2 years observing and facilitating one company's efforts to make this transition, they were able to identify various factors that either hinder or support the implementation of lean product development. Lean product development comprises numerous interrelated techniques, including supplier involvement, cross-functional teams, concurrent engineering, integration (as opposed to coordination) of various functional aspects of each project, the use of a heavyweight team structure, and strategic management of each development project. However, a company does not achieve lean product development simply by implementing some of these techniques. A successful move toward lean product development requires approaching these interrelated techniques as elements of a coherent whole. As observed in the subject company, several factors can hinder attempts to achieve lean product development. For example, managerial overemphasis on R&D in development projects hampers efforts to achieve cross-functional integration. In other words, creating a team with members from various functions is easier than achieving a cross-functional focus throughout an organization. Similarly, a cross-functional team cannot perform effectively if a sequential view of the development process persists. Factors that support the transition to lean product development include: tight development schedules, which contribute to a must-do attitude; close cooperation with a qualified customer, who can provide vital information as well as challenge the development team; highly competent engineers; and, most important, the active, ongoing support and participation of top management. Most participants in the process examined in this study seemed interested in the possibilities of lean product development, which suggests that motivation to change may not pose a significant problem in similar efforts.