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“Crowd contamination”?
(2023)
Misconduct allegations have been found to not only affect the alleged firm but also other, unalleged firms in form of reputational and financial spillover effects. It has remained unexplored, however, how the number of prior allegations against other firms matters for an individual firm currently facing an allegation. Building on behavioral decision theory, we argue that the relationship between allegation prevalence among other firms and investor reaction to a focal allegation is inverted U-shaped. The inverted U-shaped effect is theorized to emerge from the combination of two effects: In the absence of prior allegations against other firms, investors fail to anticipate the focal allegation, and hence react particularly negatively (“anticipation effect”). In the case of many prior allegations against other firms, investors also react particularly negatively because investors perceive the focal allegation as more warranted (“evaluation effect”). The multi-industry, empirical analysis of 8,802 misconduct allegations against US firms between 2007 and 2017 provides support for our predicted, inverted U-shaped effect. Our study complements recent misconduct research on spillover effects by highlighting that not only a current allegation against an individual firm can “contaminate” other, unalleged firms but that also prior allegations against other firms can “contaminate” investor reaction to a focal allegation against an individual firm.
Schreibberater an den Universitäten und Hochschulen und Verfasser von Ratgeberliteratur zum wissenschaftlichen Schreiben haben vermutlich zum überwiegenden Teil einen geistes- und kulturwissenschaftlichen Hintergrund. Die Fachkulturen, in denen sie das Handwerk des Zitierens erlernt haben, sind jedoch grundverschieden von jenen der nicht-textbasierten Wissenschaften: der Ingenieurfächer, der (nicht rein theoretischen) Naturwissenschaften, der Medizin und auch der empirischen Wirtschafts- und Sozialwissenschaften und der empirischen Psychologie. Die Unterschiede sind besonders augenfällig bei der Frage nach der Belegpflicht einer übernommenen Information, also bei der jeweiligen Entscheidung darüber, ob eine Quelle angegeben werden muss oder nicht.
Nowadays established companies use Corporate Entrepreneurship (CE) as a means to create discontinuous innovations. Many companies thereby even implement multiple CE units that typically involve several entrepreneurial activities. This explorative study aimed to identify the reasons why established companies implement multiple CE units concurrently. In conducting a comparative case study with eight companies from different industries, valuable insights for science and practice were gained. We provide an overview of different 11 reasons for implementing multiple CE units. This shows that the combination of CE units used by companies differs depending on the reason. It further allowed to derive general approaches of established companies to the implementation of CE units. Last, we identify the concept of co-specialization to be a central driver explaining the creation of the need to set up multiple units. We conclude by indicating implications and subjects for future research.
Motion estimation is an essential element for autonomous vessels. It is used e.g. for lidar motion compensation as well as mapping and detection tasks in a maritime environment. Because the use of gyroscopes is not reliable and a high performance inertial measurement unit is quite expensive, we present an approach for visual pitch and roll estimation that utilizes a convolutional neural network for water segmentation, a stereo system for reconstruction and simple geometry to estimate pitch and roll. The algorithm is validated on a novel, publicly available dataset recorded at Lake Constance. Our experiments show that the pitch and roll estimator provides accurate results in comparison to an Xsens IMU sensor. We can further improve the pitch and roll estimation by sensor fusion with a gyroscope. The algorithm is available in its implementation as a ROS node.
Durch eine Aufweitung des Kristallgitters mittels Niedertemperatur-Eindiffusion von Kohlenstoff und/oder Stickstoffatomen können in der Randzone von nichtrostenden Stählen eine hohe Härte und eine hohe Verschleißbeständigkeit erzeugt werden, ohne dass zusätzliche Legierungselemente verwendet werden müssen. Die metallkundlichen Hintergründe für die Härtung, die Wirkung auf Verschleißvorgänge und mögliche Anwendungsbereiche werden geschildert. Anhand von Reibwerten wird gezeigt, in welcher Weise das Reibungsverhalten bei Schraubverbindungen durch die Behandlung verändert wird. Über Migrationsversuche wird nachgewiesen, dass die Ionenabgabe durch die Oberflächenhärtung nicht erhöht, sondern sogar abgesenkt wird. Neben dem besseren Verschleißschutz und einer höheren Dauerfestigkeit sichert diese Oberflächenbehandlung am nichtrostenden Stahl den Schutz gegen die Kontamination von Pharmaprodukten durch Metallabrieb/-ionen. Tests an oberflächengehärteten Edelstahlproben ergaben weiterhin, dass durch die Oberflächenhärtung die Biokompatibilität des nichtrostenden Edelstahls nicht beeinträchtigt wird.
Although the Hospice Foundation in Constance knew they had a personnel
problem, they were unsure how to begin to fix it. In addition to difficulties in
finding and keeping employees, the Hospice Foundation’s employees were
often on sick leave, adding pressure on remaining staff. Twelve communication
design students in the masters program at the University of Applied
Sciences in Constance (HTWG Konstanz) conducted a study aimed at
identifying the causes for these problems and, more generally, understanding
how the employees work and feel. Even though the methods in this
study are well known, it presents an important prototype for designers and
design researchers because of its success in finding useful insights. It also
serves as a pre-design project briefing for both management and designers.
It demonstrates the usefulness of qualitative methods in providing a deeper
understanding of a complex situation and its usefulness as a strategic tool
and for defining a project’s focus and scope. Ideally, it also provides insights
into health care for the elderly.
As organizations struggle to cope with digital transformation in
an innovation environment, partnerships between startups and established
companies have become increasingly important. Building upon years of
practical experience and empirical research, we present advantages,
obstacles, and the keys to successful corporate-startup collaboration.
Due to its economic size, economic policy measures, in particular trade policies, have a far‐reaching impact on global economic developments. This chapter quantifies the economic consequences of US protectionist trade aspirations. It focuses on trade policy scenarios, which have been communicated by the current US administration as potential new trade policies. The chapter draws on the results of a study of the ifo Institute conducted on behalf of the Bertelsmann Foundation. In the first simulation, a retraction from the North American Free Trade Agreement is considered. The chapter then illustrates the potential consequences of a “border tax adjustment” policy. It also simulates further measures to protect the US market by presuming an increase in American duties. The chapter presents robust quantitative results that can be expected if an increasingly protectionist US trade policy were to be implemented.
Corporate Entrepreneurship (CE) has now evolved into an imperative innovation practice of established companies. Despite organizational design models for CE activities and companies' frequent initiation of new activities, effectively managing them remains a challenging endeavor which results in disappointment about the outcomes of CE and its early termination. We assume specific types of goals for CE as one element of this unresolved management issue. While both practice and literature address goals in different contexts, no uniform picture has emerged so far. Although goals are commonly used to categorize CE activities, they seldomly seem to be the core subject of investigation. Based on this preliminary analysis and consolidation, we put the goals of CE in focus. In a systematic literature review, we reveal aspects of goals to unmask the different types of goals and their underlying dimensions and characteristics. Our review contributes to a better understanding of goals by (1) organizing relevant literature on goals of CE in a specific classification process, (2) describing dimensions and attributes for a systematic classification of CE goals; and (3) providing a framework showing differences of goals for the CE context. We conclude with a discussion and hints for future research paths.
Low-Code Development Platforms (LCDPs) enable non-information technology (IT) personnel to develop applications and workflows independently of the IT department. Consequently, these digital platforms help to overcome the growing need for software development. However, science and practice warn of several barriers that slow down or hinder the usage of LCDPs. This publication scientifically identifies, analyzes, and discusses challenges during implementation and application of LCDPs from both perspectives in a holistic manner. Therefore, we conduct an exploratory study (data from scientific literature, expert interviews, and practical studies) and assign the challenges to the socio-technical system model. The results show that the scientific and practical communities recognize common challenges (especially knowledge transfer) but also perceive differences related to technological (science) and social (practice) aspects. This paper proposes future research directions for academia, such as governance, culture change, and value evaluation of LCDPs. Additionally, practitioners can prepare for possible challenges when using LCPDs.