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Value Co-creation for Innovation Process in Small Business Community
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Handyanto Widjojo,
Universitas Indonesia, Faculty of Economics and Business, Jawa Barat,
Indonesia
Avanti Fontana, Universitas Indonesia, Faculty of Economics and Business,
Jawa Barat, Indonesia
Gita Gayatri, Universitas Indonesia, Faculty of Economics and Business,
Jawa Barat, Indonesia
Agus W. Soehadi, Universitas Prasetiya Mulya, School of Business and
Economics, Banten, Indonesia
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Purpose
–This paper explores the interaction of multi-actors to co-create
value and its influence toward innovation process in small business
community. This study offers a research model that is derived from
a fundamental premise of Service-Dominant Logic (SDL) concept and
supported by Consumer Culture Theory (CCT).
Design/methodology/approach – Quantitative
approach was applied through self-administered survey using purposive
sampling method. The research model and hypothesis was analyzed
by using Structural Equation Modeling.
Findings - Educating among members in the small
business community shows significant influences to dynamic interaction
and value co-creation. Enriching negatively influences value co-creation.
Dynamic interaction did not influence value co-creation, but dynamic
interaction and value co-creation drives innovation process significantly.
Practical implication – Small business should
educate each other to develop positive connectivity with other members
to exchange and integrate collective resources. This situation could
be beneficial to build synergy that drives innovation process as
a survival and development strategy in challenging business environment.
Originality/value – The previous study on
value co-creation is dominantly performed in established companies
using qualitative approach. This research offers a new perspective
from small business community in emerging market by applying quantitative
approach.
This article gives contribution to the collaboration of service-dominant
logic and consumer culture theory. The research model will be beneficial
to developan alternative marketing and business model as well as
to drive the growth and the contribution of micro, small, and medium
entreprises on society, environment, and economy.
Keywords: Consumer Culture Theory,
Service-Dominant Logic, value co-creation, small business community,
innovation process.
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Spirituality Measurement
Scale: An Empirical Study
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Shikha Makkar,
Assistant Professor, Shri Ram College of Commerce, Maurice Nagar,
University of Delhi, Delhi, India
Ajay Kumar Singh, Professor, Faculty of Commerce and Business, Delhi
School of Economics, University of Delhi, Delhi
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The
purpose of this investigation is scientific study, and validation
of Spirituality Measurement Scale (SMS) developed by Makkar &
Singh (2018). This study is an extension and in continuation of
SMS which was developed using exploratory factor analysis (EFA).
To achieve this purpose a sample of 123 teachers from various colleges
of University of Delhi, were selected using quota sampling along
with snowball sampling technique. This was measured on a five-point
Likert's scale commencing from strongly disagree to strongly agree.
To confirm about the validity, confirmatory factor analysis (CFA)
was used, on the basis of which the number of measurement items,
for each of the five dimensions was reduced and only those items
were included whose standardized residual covariances were greater
than 0.5 as a result of which five items out of forty four were
removed. Discussion and recommendations for future research have
been provided at the end of the paper.
Keywords: Spirituality measurement scale; Confirmatory
factor analysis; Transcendence; Self engagement;Self –awareness;
Self-efficacy; and Service towards others.
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An Empirical Investigation
of Factors Affecting Consumer Buying Behaviour for Green Personal
Care Products in India |
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Hansini Premi,
Research Scholar, Department of Management Studies, Malaviya National
Institute of Technology, Jaipur, India.
Monica Sharma, Associate Professor, Department of Management Studies,
Malaviya National Institute of Technology, Jaipur, India.
G. S. Dangayach, Professor, Department of Mechanical Engineering,
Malaviya National Institute of Technology, Jaipur, India.
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The
impetus of this paper is to conduct an empirical investigation of
factors affecting consumer buying behaviour for green personal care
products in India. In this paper an empirical investigation is being
carried out to test the reliability and validity of the proposed
framework. In the beginning a brief introduction of the problem
statement that is “Attitude- Behavioural” Gap has been
explained. Further the methodology adopted for the formulation of
the proposed framework with explanation of each initiative of (GBB)
Green buying behaviour and the Hypothesis formulation has been described.
After the hypothesis formulation, data analysis of the proposed
framework is being done with the help of techniques like reliability
analysis, factor analysis, bivariate correlation and multiple linear
regressions. Though all the 7 initiatives were found to have positive
and significant relationship with GBB, Green Environmental Attitude
(GEA) emerged as the strongest predictor followed by Green Brand
Preference (GBP) and Green Functional Attribute (GFA). The framework
showed high level of reliability. The model was found to be significant
and together the 7 initiatives explained 70% of the variance. The
study is pioneering in sense that all the factors identified have
not been tested before together in any of the previous identified
frameworks. This makes the framework unique and dynamic in its approach.
Secondly a new and different working relationship among the initiatives
and GBB was being identified like mostly in literature Intension
to Pay has been studied as a mediating variable but in our study
researchers have explored its relationship with GBB as an Independent
Variable. In conclusion, this paper informs about main predictors
of GBB and how they work together too positively or negatively influence
GBB. These initiatives would help policy makers and managers in
formulating and implementing marketing strategies to encourage GBB.
It will also help them to understand the importance and relevance
of each identified initiative.
Keywords: Attitude-Behavioural Gap, Green Buying
Behaviour (GBB), Marketing Strategies, Green Environmental Attitude
(GEA), Green Brand Preference (GBP), Green Functional Attribute
(GFA).
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Revisiting the
Inter-relations of Service Quality & Customer Loyalty: An Empirical
Examination of Effects on Two Dimensional Model of Loyalty
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Medha Srivastava,
Assistant Professor, Indian Institute of Management, Bodh Gaya, Bodh
Gaya (INDIA)
Saurabh Kumar Srivastava, Assistant Professor, School of Management
Sciences, Varanasi (INDIA), (Part-Time) Research Scholar, IIT(ISM)
Dhanbad
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The
extensively researched and refined relationship between service
quality and customer loyalty has found recognition under a wide
variety of colloquiums and contexts. Service quality is conspicuous
for its eminence in customer loyalty formulation in marketing literature
rich with both relevant theoretical and empirical evidences (Boulding
et al., 1993; Parasuraman et al., 1991; Zeithaml et al., 1996).
Studies have primarily investigated and established its impact over
various dimensions of loyalty manifesting into repurchases, revisits,
recommendations, etc. However, investigations into the association
of service quality with individual dimensions of customer loyalty
and the probable interaction effects affecting the shape or strength
of such associations are clearly sparse. The present paper aims
at exploring and establishing the link between service quality and
a two dimensional model of customer loyalty with reference to the
life insurance industry in India. Further, it intends to review
the relationship of customer loyalty with its prominent precursors
- trust and customer satisfaction with a new perspective. A conceptual
research proposition encompassing the effect of service quality
on attitudinal and behavioral dimensions of customer loyalty along
with the potential interaction effects of trust and customer satisfaction
in these relationships has been tested and presented by the study
with intent to bring in fresh propositions and perspectives. The
findings support the presence of these effects and call for approaching
the goal of customer loyalty development with due consideration
to the desired outcomes and the conditions required for cultivating
them.
Keywords: service quality, customer
satisfaction, trust, attitudinal loyalty, behavioral loyalty
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Automated Win-Win
Negotiation in B2C E-Commerce: A Research Review
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Deepak, Research
Scholar, Uttarakhand Technical University, Dehradun, Uttarakhand.,
India
Bireshwar Dass Mazumdar, Associate Professor, Institute of Engineering
& Rural Technology, Allahabad, U.P., India
Kuldeep Yadav, Associate Professor, College of Engineering, Roorkee,
Uttarakhand., India
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Win-Win
negotiation is the emergent ethical functionality of automated E-Commerce
win-win negotiation can be achieved through co-operative negotiation
mechanism. There are several approach deployed by various researcher
in there co-operative negotiation based automated E-Commerce. In
this research review paper we provide a review on various co-operative
negotiation mechanisms which are deployed in various E-Commerce
models.
Keywords: Negotiation, Agent, multi-agent trust,
Data mining, Co-operation.
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Impact of Transformational
Leadership on Employees' Extra Effort and Leader's Effectiveness:
Moderating Role of Organization Type
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Debajani Sahoo,
Associate Professor, IBS Hyderabad, IFHE University, India
Manish Gupta, Assistant Professor, IBS Hyderabad, IFHE University,
India
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Purpose:
This paper is based primarily on the theory of transformational
leadership. Transformational leaders encourage the employees to
put-in extra efforts in their work and believe that their leadership
is effective. Prior research also suggests that organization type
(public vs. private) could have a key role in affecting these relationships.
The objective of this paper is two-fold. One is to understand the
moderating role of organization type between transformational leadership
and employees' extra effort. The other objective is to examine the
moderating role of organization type between transformational leadership
and the employees' perception of their leader's effectiveness.
Design/methodology/approach: The target population
was the public and private sector organizations from the power industry.
A sample comprising of 610 employees were surveyed that resulted
in a usable sample of 364 employees. Step-wise regression analysis
was carried out to test the hypotheses.
Findings: Results suggested that transformational
leadership has a positive relationship with both the employees'
extra effort and the leader's effectiveness. Also, it was discovered
that organization type moderated the relationship between transformational
leadership and the employees' extra effort as well as between transformational
leadership and the leader's effectiveness.
Research limitations/implications: Transformational
leadership plays an important role in affecting both leader's effectiveness
and extra efforts. Whether the organization is private or public
affects these relationships. Therefore, scholars need to take organization
type as an important variable while predicting the relationships.
Practical Implications: The managers of the power
industry in the public sector are encouraged to employ transformational
leaders and train the employees on transformational leadership.
It would help employees perceive that their leader is effective
and would motivate them to put-in extra efforts at work.
Originality/value: To the best of researchers'
knowledge, this study is one of its kinds to understand the moderating
role of organization type in the relationships between transformational
leadership and extra effort as well as between transformational
leadership and effectiveness.
Keywords: Transformational leadership,
Organization type, Effectiveness, Employees' perception of leader
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A Study on Selected
Antecedents of Brand Preference
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A R Mishra, Professor-Marketing,
Jagan Institute of Management Studies (JIMS) Rohini, Delhi
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The
main objective of the paper is to examine the relationship of consumer
personality, values and consumer susceptibility to the interpersonal
influences with private label brand preferences in the food category.
This study uses constructs which are taken from existing branding
scales. The primary data was collected by administering the questionnaire
on the respondents involving 550 consumers of private label brands
as the study participants. Structural equation modeling technique
is used for data analysis. The paper provides empirical insights
about how personality, values and consumer susceptibility to the
interpersonal influences affect the brand preferences. The research
has been confronted with several limitations, since the self-report
method was used for personality assessment, there may be bias in
terms of the nature of respondents' personality as expressed in
the questionnaire. The paper poses interesting insights and empirical
evidence with regard to the predictive power of personality, values
and consumer on brand preferences within private label contexts
suggesting interesting implications for the development of a strong
private label brand preference.
Keywords: : Brand Preference, Big Five Model, Consumer
Values, SUSCEP, Private Label Brands
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Role of Religion
and Television in Sustainable Management
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Sugandha Shanker,
Post-Doc Fellow in Environmental Anthropology, Jesus College, Cambridge,
United Kingdom.
Anupam Saxena, Associate Professor, Jaipuria Institute of Management,
Lucknow, India
Anurag Saxena, Assistant Professor, Indian Institute of Public Health,
Gandhinagar (IIPHG), India
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The
role of religion and television in sustainable management has not
been the main focus of environmentalists, corporates as well as
policy planners until few years ago. However, recently importance
of religion and television in sustainable development has been felt.
In order to assess the role of religion and television in sustainable
management, an ethnography based research was conducted which focused
on Hindu rituals around trees as an example to assess if there is
any kind of impact on sustainable management of trees by the influence
of television. The field research revealed that there is a considerable
increase in the conservation of trees due to influence of astrological
shows on television indicating that television is an effective tool
in conserving trees. The research found that although there was
conservation of trees but it was at inappropriate places causing
problems related to transportation, logistics movement and traffic
jamming thereby affecting businesses of the nearby area. Therefore
the work concluded that propagation of information on television
regarding rituals needs to be well balanced and suggested a balanced
approach for improving tree cover loss and traffic management at
the same time.
Key words- Television, Religion,
Rituals, Trees Management, Ethnography
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