Valuing New Zealand recreational fishing and an assessment of the validity of the contingent valuation estimates

This article presents estimates of the recreational value of fishing in New Zealand. The data was obtained from a large-scale interview conducted at boat ramps across New Zealand. The results suggest that the recreational value of a species depends critically on the motives for targeting a particular species. Species targeted for eating purposes have marginal values that appear to closely reflect the market price of the fish (i.e. the opportunity cost). In contrast, those species which are sought mainly for recreational purposes, have a higher value. Furthermore, values for these fish types were found to be greatest for scarce species and large species of fish. The article examines the robustness of the estimates to determine whether strategic bias, embedding effects or hypothetical bias influence the results.     

Attending a tattoo convention: to seek or escape?

Utilizing Iso-Ahola’s (S. E. Iso-Ahola. The Social Psychology of Leisure and Recreation. Dubuque, IA: WC Brown Co. Publishers, 1980) seek and escape theory and social identity theory in the context of tattoo conventions, this study examines whether individual and group identity influences personal and interpersonal seeking and escaping motivations and whether these motivations influence an attendee’s self-enhancement and subsequent revisit intention. Based on an online survey (n = 350), structural equation modeling revealed that individual identity influenced personal seeking and escaping motivations, group identity influenced interpersonal seeking and escaping motivations, and personal seeking and interpersonal seeking and escaping motivations increased self-enhancement and ultimately revisit intention. Implications are provided for tattoo event managers based on findings.     

Concentrating Too Hard? Foreign and Corporate Venture Capital Involvement in Syndicates

We investigate the relationship between investment of corporate venture capital (CVC) and foreign venture capital (FVC), and the concentration of investors involved in a financing round. As forms of venture capital distinct from independent venture capital, CVC and FVC can offer different value to new ventures. However, having FVC or CVC investors in the syndicate can also pose additional risks to other investors. We find that a corporate venture capital or a foreign venture capital affiliation is related to lower concentration of investors. Our results suggest that the investors evaluate not only the venture but also their syndicate partners in determining their relative share of round investment.     

Process-based vs. product-based innovation: Value creation by nanotech ventures

Nanotechnology is frequently heralded as the next wave of technological advance, poised to enable radical innovation across many industries. But as yet little is known about how firms will ultimately create that value. We do know that nanotechnology is based on process innovation, a category of innovation less well understood than product innovation. And we know that new ventures are an important vehicle for commercializing radical technology. As new ventures seek to commercialize nanotechnology, they evolve value creation strategies to better link fundamental scientific advance with the creation of value for users and investors. This paper asks “How do the successful value creation strategies of technology ventures differ in process vs. product-based innovation?”An investigation of 12 ventures representing the extremes of value creation through process-based (nanotech) and product-based (fuel cell) innovation reveals significant differences in their value creation challenges, in the mechanisms of technology–market matching and alliance building, and in their levels of experimentation. Ventures exploiting process innovation faced greater uncertainty in their value chain positioning, market breadth, customization, and the changes required of their customers in contrast to product-based ventures. Our evidence shows that nanotechnology ventures benefit from prioritizing technology–market matching, alliance building and experimenting with technologies in new value networks.     

Child injuries in land vehicles that do not require restraints

Abstract

The goal of this study was to determine the injury profiles of Canadian children who presented to the Emergency Department from 1990 to 2016 due to an injury caused while traveling in a form of land transportation that did not require child restraint. A case series was conducted using data from the electronic Canadian Hospitals Injury Reporting and Prevention Program (eCHIRPP). Children who were injured while travelling on land transportation for which child restraint is not required, who presented to a Canadian Emergency Department that participates in eCHIRPP between April 1, 1990 to August 29, 2016, were included. Overall, 1856 children sustained 2139 injuries (mean age: 9.8?years (SD 4.5), 45.5% male). The majority of children were injured on a school bus (49.3%). The most commonly injured body part was the head or neck (52.6%). The most common type of injury was a superficial or open wound (33.1%), followed by traumatic brain injury (19.3%). Overall, 39.4% of injuries required no treatment in hospital. Overall, approximately 70 children presented to eCHIRPP EDs per year on a land transportation vehicle that does not require restraints. Biomechanical studies are needed to improve safety on land transportation vehicles that do not require seatbelts.     

Why do entrepreneurs open tech startups? A comparative study between Brazilian and foreign enterprises

International Entrepreneurship and Management Journal - This research identifies and compares the reasons that lead entrepreneurs to open a startup in Brazil or abroad along six factors:...     

Effects of Psychological Contract Breach on Organizational Citizenship Behaviour: Insights from the Group Value Model

Research on psychological contract breach has referenced social exchange as its dominant theoretical foundation. In this study, we draw insights from the group value model as a theoretical extension to explain employees' negative responses to psychological contract breach. According to the group value model, fair treatment by group members communicates symbolic messages about the relationship between the organization and the employee, and has implications for whether employees can take pride in their organizational membership. When people are treated unfairly, they lose trust in the organization and dis‐identify from the group. This in turn results in less willingness on the part of the employees to engage in organizational citizenship behaviours (OCBs). We tested these relationships across three studies. In Study 1, we conducted a longitudinal test of the role of trust as a mediator between breach and organizational identification. In Studies 2 (cross‐sectional) and 3 (longitudinal), we tested the complete model in which we examined the role of trust and identification in mediating the link between breach and OCBs. All three studies provided support for the mediated model. Furthermore, as predicted by the group value model, the hypothesized relationships emerged in response to relational but not transactional contract breaches. Theoretical and applied implications are discussed.