• Impact of replenishment rules with endogenous lead times

      Boute, Robert (4OR - A quarterly Journal of Operations Research, 2007)
    • Impact of sales force automation on technology-related stress, effort, and technology usage among salespeople

      Rangarajan, Deva; Jones, Eli; Wynne, Chin (Industrial Marketing Management, 2005)
    • The impact of superstar firms on the labor share: Evidence from Belgium

      Abraham, Filip; Bormans, Yannick (De Economist - Netherlands Economic Review, 2020)
      The Belgian labor share, measured as the part of GDP going to labor, is declining. This fits into the global secular trend of decreasing labor shares. A novel strand in the literature focusses on its granular drivers. Recent research in the United States suggests that superstar firms, defined as large firms with a dominant market share, are increasing their market share and relate this to the fall of the labor share (Autor et al. in Q J Econ 135(2):645-709, 2020). Using a long time series of Belgian firm-level data from 1985 to 2014, we provide evidence for the link between the rise of market concentration and the decrease of the labor share in its two largest sectors: Manufacturing and Wholesale & Retail. These two sectors represent approximately half of the Belgian economy. We do not find evidence in other Belgian sectors.
    • The impact of the COVID-19 Crisis on growth-oriented SMEs: Building entrepreneurial resilience.

      Schepers, Jelle; Vandekerkhof, Pieter; Dillen, Yannick (Sustainability, 2021)
      This study explores how the COVID-19 pandemic has forced Flemish growth-oriented entrepreneurs to build entrepreneurial resilience. We rely on a research framework that consists of a "challenge-reaction-learning loop" to empirically investigate how entrepreneurial resilience is built in times of the COVID-19 crisis. To investigate this complex entrepreneurial learning process, we use data that have been collected during the first and second wave of the COVID-19 pandemic. By using several datapoints, we could identify (1) the specific challenges growth-oriented firms are facing as a result of the COVID-19 crisis; (2) how these entrepreneurs reacted to these challenges; and (3) what they learned during the first and second wave of the pandemic and how they perceive the future. By making this entrepreneurial learning process explicit and dividing it into an iterative "challenge-reaction-learning loop", this study is relevant for all entrepreneurs, as it contains several interesting lessons learned. We also contribute to academic literature as we provide future researchers a tangible framework to further elucidate how entrepreneurial resilience is built in times of crisis.
    • Impact of the regulatory framework for transmission investments on the cost of renewable energy in the EU.

      Saguan, Marcelo; Meeus, Leonardo (Energy Economics, 2014)
      Under the current regulatory frame in the EU, transmission planning is done at the national level to maximize national welfare, rather than European welfare. In this paper, we develop a competitive equilibrium model that calculates the impact of this imperfect regulatory framework on the cost of renewable energy. We apply the model to a power system with two interconnected zones, and find that the impact is case specific, but significant. We also find that the negative impact of national transmission planning on the cost of renewable energy is more significant in a state of the world in which Member States trade renewable energy, but that this negative effect is much smaller than the positive effect of renewable energy trade between Member States. We conclude that the imperfect regulatory framework for transmission investment is a significant cost for renewable energy in the EU, but that it should not stop Member States from trading renewable energy.
    • The impacts of internal quality management relations on the triple bottom line: A dynamic capability perspective

      Alsawafi, Ahmed; Lemke, Fred; Yang, Ying (International Journal of Production Economics, 2021)
      This paper takes the dynamic capability (DC) theory as a theoretical perspective to investigate empirically the role of the internal dimensional view of quality management (QM) relations (management and employee) in driving sustainability performance, specifically social, environmental and economic dimensions. Data was collected from 226 UK manufacturing firms, and the relationships were empirically tested using structural equation modelling (SEM). The results show that internal management relation contributes to supporting employee relations and quality training. However, it is indirectly related to sustainability performance. In addition, management relations are indirectly connected with sustainability performance through employee relations. This study is relevant to academics and practitioners as it focuses on significant QM relations that are beneficial for the triple bottom line (TBL) of firms. As firms adopt QM relations to sustain their competitive advantage and achieve operational performance, it is crucial to identify which internal quality management relations associated with social, environmental and economic sustainability performance dimensions exert an influence.
    • Implementatie in 9 stappen: Inkoop en Total Cost of Ownership (Deel 2)

      Roodhooft, Filip; Degraeve, Zeger; Genou, D.; Seré, P.; Smets, R. (Business Logistics, 1999)
    • Implementation of a balanced scorecard in an elderly care home: useful or not?

      Sioncke, Gratienne (Total Quality Management & Business Excellence, 2005)
    • Implementing the European internal energy market in 2005-2009, a proposal from Academia

      Glachant, Jean-Michel; Belmans, Ronnie; Meeus, Leonardo (European Review of Energy Markets, 2007)
    • Implicaties voor het personeelsbeleid in scholen vanuit een schoolmanagementperspectief

      Devos, Geert (Tijdschrift voor Onderwijsrecht en Onderwijsbeleid, 2002)
    • Implications of technological convergence on innovation trajectories: the case of ICT industry

      Hacklin, Fredrik; Raurich, C.; Marxt, Christian (International Journal of Innovation and Technology Management, 2005)
      Current innovation management literature and research statically differentiates between incremental and disruptive innovation, as far as the trajectory development is concerned. Incremental innovation is generally comprehended as an improvement of technology performance or product feature enhancement, whereas disruptive innovation is defined based on technologies previously new to the world, combined with their effects on markets. The authors of this research present how a convergence of several well-known, incrementally developing technologies can result in innovations with highly disruptive character in terms of innovation trajectories. Paradoxically, in disruptive situations, operative actions must be taken before strategic planning can be made, as the industrial and economic environment can be regarded as extremely uncertain. In this context, however, we argue that this special case caused by the convergence of technologies can serve to understand certain areas of emerging industrial disruptions and hence support the strategic planning and technology management of a firm acting in this area. The case of information and communication technology (ICT) industry is used to highlight this convergence phenomenon as a special case of emerging disruptive innovation. Based on this example, the process of innovations transforming from incremental towards disruptive due to convergence will be examined, and entrepreneurial recommendations for sustaining the competitive advantage and supporting value creation will be derived.
    • Implicit attitudes toward green consumer behavior

      Vantomme, D.; Geuens, Maggie; De Houwer, J.; De Pelsmacker, Patrick (Psychologica Belgica, 2006)
    • Implicit auctioning on the Kontek Cable: third time lucky?

      Meeus, Leonardo (Energy Economics, 2011)
      Implicit auctioning in Europe is about eliminating cross-border trade inefficiencies by internalizing cross-border trade into the day-ahead auction procedures of the Power Exchanges that are already organizing trade nationally. On the Kontek Cable, implicit auctioning has first been implemented with "no coupling" between the relevant Power Exchanges, followed by a "volume coupling" implementation, and finally a "one way price coupling" implementation that is still operational today. The main contribution of this paper is to compare the theoretical properties of these three implementations and to analyze their performance empirically. We find that the third implementation is significantly outperforming the previous two implementations, but in this third implementation stakeholders partly abandoned the "volume coupling" approach they initially believed to be a viable alternative and institutionally easier to implement
    • Implikationen von inoffiziellen Projekten für die IT-Governance

      Buchwald, Arne; Urbach, Nils (HMD Praxis der Wirtschaftsinformatik, 2014)
      Aus der IT-Governance-Perspektive ist eine zentrale Aufgabe des Projektportfoliomanagements sicherzustellen, dass offizielle Projekte auf die ihnen zugewiesenen Ressourcen zugreifen können. In der Praxis ist dabei zu beobachten, dass Mitarbeiter, die laut offiziellen Planungen für ein bestimmtes Projektvorhaben vollständig verfügbar sein sollten, tatsächlich mit anderen Vorhaben beschäftigt und somit nicht in angenommenem Umfang verfügbar sind. Als zentrale Ursache wird das Auftreten inoffizieller Projekte angeführt. Dieser Fachartikel beschreibt die ersten Zwischenergebnisse einer Fallstudienforschung mit dem Ziel der Untersuchung, welche spezifischen Typen von inoffiziellen Projekten in den untersuchten Unternehmen auftreten und welche zentralen Treiber die Entstehung dieser Projekttypen beeinflussen. Darauf aufbauend werden die Implikationen für die Ausgestaltung der IT-Governance diskutiert und Handlungsempfehlungen für das strategische IT-Management abgeleitet.
    • The importance of board risk oversight in times of crisis

      Dupire, Marion; Haddad, Christian; Slagmulder, Regine (Journal of Financial Services Research, 2021)
      This study investigates the relationship between board risk oversight practices at financial institutions in the EU and systemic risk during the sovereign debt crisis. More specifically, we examine whether European banks and insurance companies that had strong board-level risk oversight in place before the onset of the sovereign debt crisis fared better during the crisis. We construct a risk oversight index based on publicly available, hand-collected data, which captures the strength of the institutions’ board-level risk governance practices. We find that financial institutions with stronger board risk oversight prior to the crisis were less vulnerable to the sovereign debt crisis, after controlling for other factors. The results are consistent and economically relevant for SRISK, probability of default, and Delta-CoVaR, three measures of systemic risk that are commonly used in the context of financial institutions.
    • The Importance of supply chain resilience: An empirical investigation

      Alfarsi, Fahd; Lemke, Fred; Ying, Yang (Procedia Manufacturing, 2019)
      This study aims to explore how supply chain resilience (SCRes) influences firm reputation. SCRes dimensions and their underlying mechanisms in relation to firm reputation attributes are investigated. For gaining a deep understanding of SCRes and its benefits, seventeen in-depth interviews were conducted with key informants in the UK manufacturing sector. The study results show the process by which SCRes plays a role in sustaining and maintaining a good firm reputation. Underlying mechanisms of these relationships are identified, within the supply chain network. The majority of extant studies have focused on the elements and strategies that can increase supply chain resilience. However, the value of SCRes has not been explored yet. To the best of our knowledge, this exploration represents the first study that delivers empirical insights into the relationship between SCRes and firm reputation. The results of this study clearly outline the structure and mechanism of SCRes that practitioners can use as a guiding framework to protect their firms from disruptions. Suggestions for protecting firm performance are also given.
    • Improving customer acquisition models by incorporating spatial autocorrelation at different levels of granularity

      Baecke, Philippe; Van den Poel, Dirk (Journal of Intelligent Information Systems, 2013)
      Traditional CRM models often ignore the correlation that could exist among the purchasing behavior of surrounding prospects. Hence, a generalized linear autologistic regression model can be used to capture this interdependence and improve the predictive performance of the model. In particular, customer acquisition models can benefit from this. These models often suffer from a lack of data quality due to the limited amount of information available about potential new customers. Based on a customer acquisition model of a Japanese automobile brand, this study shows that the extra value resulting from incorporating neighborhood effects can vary significantly depending on the granularity level on which the neighborhoods are composed. A model based on a granularity level that is too coarse or too fine will incorporate too much or too little interdependence resulting in a less than optimal predictive improvement. Since neighborhood effects can have several sources (i.e. social influence, homophily and exogeneous shocks), this study suggests that the autocorrelation can be divided into several parts, each optimally measured at a different level of granularity. Therefore, a model is introduced that simultaneously incorporates multiple levels of granularity resulting in even more accurate predictions. Further, the effect of the sample size is examined. This shows that including spatial interdependence using finer levels of granularity is only useful when enough data is available to construct stable spatial lag effects. As a result, extending a spatial model with multiple granularity levels becomes increasingly valuable when the data sample becomes larger.
    • Improving index mutual fund risk perception: Increase financial literacy or communicate better?

      de Goeij, Peter; Van Campenhout, Geert; Subotic, Marjana (Economic Notes - Review of Banking, Finance and Monetary Economics, 2018)
      We investigate the effect of financial literacy and index mutual fund risk disclosure format on investors’ risk perception by examining the risk disclosure part in the Key Investor Information Document (KIID) for UCITS funds in Europe. Using an experimental survey administered to 244 university students we find that both financial literacy and the KIID risk representation affect investors’ risk level perception accuracy. In addition, we find indications that financial literacy is less important if the complexity of the risk decision framework is reduced, although in our samle this effect is weak. Our results indicate that as an alternative to efforts taken to stimulate financial literacy, policy makers can effectively impact investors’ risk assessment by presenting a risk indicator that simplifies the decision framework for all investors, irrespective of their level of financial literacy.