Recent Submissions

  • Why Business Schools keep neglecting project management competencies

    Nieto-Rodriguez, Antonio (PM World Inc., 2017)
    Digitalization, mergers & acquisitions, international expansion, business model redesign, new product launch, cultural transformation. All these strategic initiatives are common projects undertaken to stay alive in the current unpredictable markets. Today, to be successful, organizations require leaders with strong project management competencies. Yet, according to our research, only 4% of the Top 200 Business Schools in the world offer project management as part of their MBA core curriculums.
  • Initial trust and intentions to buy: The effect of vendor-specific guarantees, customer reviews and the role of online shopping experience

    Stouthuysen, Kristof; Teunis, Ineke; Reusen, Evelien; Slabbinck, Hendrik (Elsevier, 2018)
    This study experimentally investigates the effects of vendor-specific guarantees and customer reviews (1) on the formation of initial consumers’ trust—separating institutional and competence trust—and (2) on first-time consumers’ intentions to buy. In addition, we examine how differing levels of online shopping experience moderate the relationship between trust and consumers’ intentions to buy. The empirical results of the study reveal the relative effectiveness of the two vendor mechanisms, with vendor-specific guarantees having a more positive effect on institutional trust and customer reviews on competence trust. While our results also show that initial trust is a central concept in explaining consumers’ intentions to buy, we find that this relationship is more pronounced for competence trust in case when consumers are more experienced with online shopping. Meanwhile, institutional trust seems a necessary prerequisite for both experienced and inexperienced online shoppers to actually buy from an unfamiliar vendor. Our study provides important managerial implications that are of interest to online vendors, especially for newly established or unknown web-based businesses.
  • Too attached to speak up? It depends: How supervisor-subordinate guanxi and perceived job control influence upward constructive voice

    Davidson, Tina; Van Dyne, Linn; Lin, Bilian (Elsevier, 2017)
    In general, reciprocal supervisor–subordinate relationships (high leader–member exchange relationships) provide a supportive context for employees to speak up. In China however, supervisor–subordinate relationships or guanxi are characterized by affective characteristics and hierarchical characteristics which may respectively facilitate and inhibit employee voice. We draw on Guanxi Theory to develop a model of differential effects of two dimensions of supervisor–subordinate guanxi (affective attachment to the supervisor and deference to the supervisor) on voice. Results of a multi-source, lagged field study demonstrated that the affective attachment to the supervisor dimension of guanxi facilitated and the deference to supervisor dimension of guanxi inhibited voice, when employees experienced low job control. We discuss ways these findings extend our understanding of the nature of supervisor–subordinate relationships, guanxi, and their impact on voice.
  • On the performance of priority rules for the stochastic resource constrained multi-project scheduling problem

    Wang, Yanting; He, Zhengwen; Kerkhove, Louis-Phillipe; Vanhoucke, Mario (Elsevier, 2017)
    The majority of research studies the resource constrained multi-project scheduling problem in a deterministic environment, regardless of the uncertainty nature of the environment. In this paper, we assume that the activity duration is a stochastic variable, and propose two new robustness measures to analyse the performance of priority rules under a stochastic environment. A full factorial experiment is designed to solve the problem and investigate the relationship between project characteristics and the performance of priority rules. Furthermore, a trade-off relationship between the quality and robustness is investigated and the best priority rules are recommended from both a project and portfolio managers perspective.
  • Digital reality no1: customer experience value

    Viaene, Stijn (EBR Media Ltd, 2017)
    Customer-centric practices have been one of the key considerations in this age of digital transformation. In this article, Professor Stijn Viaene elaborates on how customer experience as value must be prioritised and how the concept can drive an organisation to its success.
  • What digital leadership does

    Viaene, Stijn (EBR Media Ltd, 2017)
    Leadership has been an indispensable factor in any business development. As businesses undergo digital transformation, Stijn Viaene offers exciting insight on digital leadership, the different leadership personas required for its execution, and the crucial role digital leadership plays for a successful digital transformation.
  • Rethinking strategy for the digital age: an executive primer

    Viaene, Stijn (2017)
    Professor Stijn Viaene sheds light on the essential role of strategy in the digital age. The article further elaborates on what really constitutes a successful digital transformation. Is it simply launching yourself to the plethora of digital disruptions around you? Or does doing so might bring you to your own “death”?
  • Visueel Essay - 62 nachten in de opera: de geboorte van de Verenigde Naties

    Baert, Francis; Desmet, Lien (Vereniging voor de Verenigde Naties, 2015)
  • Visueel Essay - Twintig jaar Wereldhandelsorganisatie

    Baert, Francis; Desmet, Lien (Vereniging voor de Verenigde Naties, 2015)
  • Visueel essay - Bretton Woods: voorbij de mythe

    Baert, Francis; Desmet, Lien (Vereniging voor de Verenigde Naties, 2015)
  • Asymmetry revisited: what leadership of organizational change can learn from Tango Argentino

    Wetzel, Ralf; Nees, Frauke (2017)
    The article improves the understanding of leadership in organizational change by drawing on the metaphor of the Tango Argentino. Based on the reasonably young research stream of Organizational Aestetics, the relationship between a leader and a follower is compared and exploited to better understand the essentials of leading and following in organizational change. The article shows the importance of a trustful, resilient connection between leader and follower to successfully and substantially design organizational change. By giving up of control, and following the follower especially the leader can gain new resources to explore new territory while the follower can prove and take on responsibility for successfully shaping a better organizational future
  • Defaults in bank loans to SMEs during the financial crisis

    Duarte, Fabio Dias; Gama, Ana Paula Matias; Gulamhussen, Azzim
    We investigate the role of (business) collateral and (personal) guarantees alongside small and medium enterprise (SME), lending bank and loan characteristics, macroeconomic conditions, sectors, and geographic locations while controlling for unobserved time effects in predicting default at the peak of the financial crisis. First, we find a positive relation between collateral and default, and a negative relation between guarantees and default. Second, we find a negative relation between the joint influence of collateral and high credit score, and a positive relation between the joint influence of collateral and low credit score and default. We also find a negative relation between the joint influence of guarantees and high credit score. These findings are relevant for SME policies aimed at facilitating access to credit, reducing the cost of borrowing, and decreasing default, risk management of banks, and the application of theories of financial economics in the context of a financial crisis.
  • A guide to private equity: Is a buy-in the right move for your practice

    Manigart, Sophie; Van Dyck, Walter; Witmeur, Olivier (2017)
  • Do multinational banks create or destroy shareholder value?

    Gulamhussen, Azzim; Pinheiro, Carlos; Pozzolo, Alberto Franco
    We question whether the international diversification of multinational banks creates or destroys shareholder value. Based on a sample of 384 listed banks from 56 countries we provide new and robust evidence that bank cross-border activities create shareholder value, as shown by an economically and statistically significant premium for international diversification. Our results are confirmed controlling for bank fixed effects, time-varying bank characteristics, reverse causality, functional diversification, and instrumenting for the choice to expand abroad. The increase in shareholder value is slightly larger for banks in the middle range of international diversification and in the case of expansion towards less developed countries.
  • On the resource renting problem with overtime

    Kerkhove, Louis-Philippe; Vanhoucke, Mario; Maenhout, Broos (Elsevier Business Information, 2017)
    In this paper the Resource Renting Problem with Overtime (RRP/overtime) is presented. The RRP/overtime is a new problem in which the assumptions of the basic RRP are combined with the possibility to schedule (parts of) activities during overtime. The addition of this extension increases the applicability of the RRP to real world problems. This paper also presents a solution technique for this extension of the resource renting problem. The solution procedure uses a scatter search heuristic to optimize a priority list, which is then in turn used by a schedule generation scheme (PatSGS). A variation on this schedule generation scheme is also used in dedicated local search procedures. The third contribution of this research is a new lower bound for the RRP/overtime problem, which is used to evaluate the results of the proposed heuristic solution method.
  • Open data platforms: discussing alternative knowledge epistemologies

    Danneels, Lieselot; Viaene, Stijn; Van den Bergh, Joachim
    Although vast amounts of data have been opened by several levels of government around the world and high hopes continue to be expressed with respect to open data's potential for innovation, whether open government data (OGD) will live up to expectations is still questioned. Up to now, the OGD literature has focused mostly on the technical side of open data, with little focus on network aspects. We argue that a definition of what an OGD platform is, and what is within its scope, is lacking. In this exploratory article, we use three knowledge epistemologies - cognitivist, connectionist, and autopoietic - as a lens to examine OGD platforms and to define three different platform types. To validate and further enrich the platform types and to identify which types are most prevalent in case study research and which are underrepresented, we performed a literature review of case studies on OGD platforms published in the main e-government outlets between 2009 and 2016. Looking for elements of each OGD platform type in the case study literature resulted in a pressing question for more empirical research focusing on the network aspects of OGD platforms. We also highlighted the underrepresentation of the autopoietic OGD platform type in case study research. We conclude this article by providing a research agenda for OGD platforms.
  • Relocation to get venture capital: a resource dependence perspective

    De Prijcker, Sofie; Manigart, Sophie; Collewaert, Veroniek
    Using a resource dependence perspective, we theorize and show that non-venture-capital-backed ventures founded in U.S. states with a lower availability of venture capital (VC) are more likely to relocate to California (CA) or Massachusetts (MA) — the two VC richest states — compared to ventures founded in states with a greater availability of VC. Moreover, controlling for self-selection, ventures that relocate to CA or MA subsequently have a greater probability of attracting initial VC compared to ventures that stay in their home state. We discuss the implications for theory, future research, and practice.
  • Linking Employee Motivation and Organizational Performance

    Antoni, Conny; Baeten, Xavier; Perkins, Stephen; Shaw, Jason; Vartiainen, M. (2017)
  • Trajectories to reconcile sharing and commercialization in the maker movement

    Langley, David; Zirngiebl, Marthe; Sbeih, Janosch; Devoldere, Bart (Elsevier, 2017)
    Maker technologies, including collaborative digital fabrication tools like 3-D printers, enable entrepreneurial opportunities and new business models. To date, relatively few highly successful maker startups have emerged, possibly due to the dominant mindset of the makers being one of cooperation and sharing. However, makers also strive for financial stability and many have profit motives. We use a multiple case study approach to explore makers' experiences regarding the tension between sharing and commercialization and their ways of dealing with it. We conducted interviews with maker initiatives across Europe including Fab Labs, a maker R&D center, and other networks of makers. We unpack and contextualize the concepts of sharing and commercialization. Our cross-case analysis leads to a new framework for understanding these entrepreneurs' position with respect to common-good versus commercial offerings. Using the framework, we describe archetypal trajectories that maker initiatives go through in the dynamic transition from makers to social enterprises and social entrepreneurs.

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