Comparing Innovation Capability of Small and Medium‐Sized Enterprises: Examining the Effects of Organizational Culture and Empowerment

This study analyzes the impact of organizational culture and empowerment on innovation capability, and examines the peculiarities of these effects. The study's hypotheses are tested by applying both individual and firm‐level analyses to survey data collected from 743 employees from 93 small and medium‐sized firms located in Turkey. For medium‐sized enterprises on both the individual and firm level of analysis, results suggest that collectivism and uncertainty avoidance are positively associated with empowerment, whereas power distance is negatively related to empowerment. Assertiveness focus has no relations with empowerment and innovation capability, yet among cultural dimensions, only uncertainty avoidance is related to innovation capability. For small‐sized enterprises, findings suggest that both power distance and uncertainty avoidance are linked to both empowerment and innovation capability on the individual level, whereas two new paths between collectivism and innovation capability and between assertiveness focus and empowerment are found on the firm level. Also, empowerment is found to be positively related to innovation capability for both small and medium‐sized enterprises (SMEs) on both the individual and firm level. In terms of managerial practice, our study helps clarify the key role played by cultural dimensions in the process of shaping an empowering and innovative work environment. Findings also reveal that managers should focus on participative managerial practices (e.g., empowerment) to promote innovation capability of SMEs.     

The out-of-region bias: Distance estimations based on geographic category membership

This research addresses estimations of distance, an important factor in numerous consumer decisions (e.g., store choice, willingness to pay for travel). Our central hypothesis is that when two places are located in the same geographic category, individuals estimate them to be closer to each other than when they are located in different categories, a bias we term ??the out-of-region bias.?? In study 1, we demonstrate that participants are more willing to visit a store located in the city in which they live rather than a store located in a neighboring city because they mistakenly think that a store in their city is closer to home. In studies 2a and b, we show that the out-of-region bias leads consumers to express higher willingness to pay for an airline ticket that involves travel across versus within regions because they inaccurately estimate greater distance between cities that are located in different regions (vs. the same region). Study 2a also demonstrates that the out-of-region bias is ameliorated in the presence of a map, indicating that the bias is a conceptual (vs. perceptual) bias, and study 2b rules out an alternative explanation for our results based on consumers?? tendency to exaggerate north?Csouth distances.     

The expansion of intensive marine aquaculture in Turkey: The next‐to‐last commodity frontier?

Aquaculture is one of the fastest growing food‐producing sectors, and its share in global seafood production is rising significantly compared with capture fisheries. This transforms seafood production practices while allowing capital to expand to new marine commodity frontiers. Building on the conceptualization of aquaculture as a new frontier for capture fisheries, the article aims to uncover how commodity frontiers expand within the intensive marine aquaculture sector and shape the transformation of seafood production by focusing on its recent growth in Turkey. It analyses this transformation based on 22 in‐depth interviews with key social actors in Turkey, as well as a review of sector and state reports and the relevant legislations of Turkey and the European Union, and argues that the three‐pronged horizontal, vertical, and taxonomic expansion already observed in industrial capture fisheries has similarly taken place in intensive marine aquaculture through the commodity widening, deepening, and marketing strategies employed by aquaculture firms.     

What do Airbnb hosts reveal by posting photographs online and how does it affect their perceived trustworthiness?

The use of sellers' personal photographs online is ubiquitous in sharing economy platforms such as Airbnb. This paper addresses two questions. First, what type of personal photos do hosts choose to post on Airbnb? Second, which of the characteristics of their photos affects their perceived trustworthiness? We answer these questions by building a structural equation model of the relation between the characteristics of the photos and the perceived trustworthiness of the hosts. The antecedents of trust in this model were defined based on insights from psychology regarding first impressions. We found that the hosts' visual characteristics (e.g., gender) as revealed in their online photographs affect their perceived trustworthiness both directly and indirectly via attractiveness. We also found that image characteristics, which are not related directly to the traits of the host in the picture (e.g., photograph quality), play a significant role in trust inference. Interestingly, the hosts' choices of their personal photos suggest that they may not be aware of these effects.     

Revisiting the Old Theory of Cyclical Growth: Harrod,Kaldor cum Schumpeter

This paper advances two main arguments. First, it argues that Harrodian instability can be thought of as the motor force of long period expansions and contractions. This means that the virtuous cycle of an ever-increasing growth rate during the upturn of a long cycle can be seen as a process of runaway expansion, caused by an actual growth rate above the warranted rate. Likewise, the vicious cycle of an ever-deepening downsizing can be interpreted as resulting from an actual growth rate below the warranted rate. Secondly, by showing how a revised Harrodian model can yield a limit cycle in the rate of accumulation, the paper argues that the turning points in these long cycles can be explained by a nonlinear Kaldorian savings function and a variable scrapping rate.     

The effect of a no-pain, no-gain lay theory on product efficacy perceptions

We document the existence of an inference strategy based on a no-pain, no-gain lay theory, showing that consumers infer pharmaceutical products to be more efficacious when they are associated with a detrimental side effect or attribute. Study 1 finds that consumers high in need for cognition infer a bad-tasting cough syrup to be more effective than a good-tasting one. However, taste does not impact efficacy beliefs of consumers low in need for cognition. A second study conceptually replicates these results, showing that consumers who take allergy medications (i.e., those high in issue involvement) infer an allergy medication with common side effects to be more effective than one with rare side effects. Our final study builds on these findings by demonstrating that consumers high in need for cognition believe a pain killer with common side effects to be more effective than one with rare side effects. Demonstrating a boundary condition of this inference strategy, the effect is observed only when the pain killer has been on the market for a relatively long period of time.