International Journal of Business Innovation and Research http://www.inderscience.com/browse/index.php?journalID=203&year=2013&vol=7&issue=3 Inderscience Publishers Ltd en-uk support@inderscience.com International Journal of Business Innovation and Research 1751-0252 1751-0260 © 2013 Inderscience Enterprises Ltd. © 2013 Inderscience Publishers Ltd editor@inderscience.com https://www.inderscience.com/images/files/coverImgs/ijbir_scoverijbir.jpg http://www.inderscience.com/browse/index.php?journalID=203&year=2013&vol=7&issue=3 http://www.inderscience.com/link.php?id=53632 Although family firms are a dominant part of the industrial landscape in the USA and Poland, they normally do not capitalise on international opportunities. We hypothesise that the lack of internationalisation is primarily due to agency concerns such as losing control of executive power, difficulty in external coordination, and diluting the firm's mission. We investigate the structural and cultural differences of family firms in the USA and Poland based on sample surveys. A more comprehensive definition of family firms is employed based on the F-PEC scale of power, experience, and culture. Preliminary survey results indicate that agency concerns are substantial in both countries and could be a major impediment to internationalisation. Moreover, family firms generally prefer a low control mode of entry such as a sales agreement/representative, supporting the incremental approach to internationalisation. The main driver for internationalisation seems to be the lure of expanding markets rather than lower costs of production. Do agency concerns inhibit internationalisation of family owned firms?: a comparative study of the USA and Poland
Harinder Singh; Joanna Wyrobek
International Journal of Business Innovation and Research, Vol. 7, No. 3 (2013) pp. 279 - 297
Although family firms are a dominant part of the industrial landscape in the USA and Poland, they normally do not capitalise on international opportunities. We hypothesise that the lack of internationalisation is primarily due to agency concerns such as losing control of executive power, difficulty in external coordination, and diluting the firm's mission. We investigate the structural and cultural differences of family firms in the USA and Poland based on sample surveys. A more comprehensive definition of family firms is employed based on the F-PEC scale of power, experience, and culture. Preliminary survey results indicate that agency concerns are substantial in both countries and could be a major impediment to internationalisation. Moreover, family firms generally prefer a low control mode of entry such as a sales agreement/representative, supporting the incremental approach to internationalisation. The main driver for internationalisation seems to be the lure of expanding markets rather than lower costs of production.

]]> 10.1504/IJBIR.2013.053632 International Journal of Business Innovation and Research, Vol. 7, No. 3 (2013) pp. 279 - 297 Harinder Singh Joanna Wyrobek Department of Economics, Seidman College of Business, Grand Valley State University, 426C DeVos Center, 401 Fulton Street W, Grand Rapids, MI, 49504, USA ' Department of Corporate Finance, Faculty of Finance, Cracow University of Economics, ul. Rakowicka 27, 31-510 Kraków, Poland agency control family firms agency conflicts export decisions USA Poland United States internationalisation family business international opportunities cultural differences structural differences organisational structure culture incremental approach 2013-05-03T23:20:50-05:00 © 2013 Inderscience Enterprises Ltd. 7 3 279 297 2013-05-03T23:20:50-05:00 http://www.inderscience.com/link.php?id=53633 Non-linear time series prediction has been a challenging task and important area of research in all branches of science and technology. Though several techniques are used for the pattern prediction problem, identifying unknown, valid information such as patterns and relationships from large time series databases is difficult, due to the presence of noise and high dimensionality. Hence a mathematical model is proposed to provide an effective solution for non-linear time series prediction. The advantage of this model is in handling noise and high dimensionality. The experimental comparison of the proposed model with traditional models like auto regressive integrated moving average (ARIMA) and generalised auto regressive conditional heteroskedastic (GARCH) models on different time series datasets has proved that the prediction accuracy of the proposed model is better than the models taken for comparison. In this paper, the comparison results in forecasting the electricity power demand is discussed. Design of a non-linear time series prediction model for daily electricity demand forecasting
S. Uma; A. Chitra; J. Suganthi
International Journal of Business Innovation and Research, Vol. 7, No. 3 (2013) pp. 298 - 317
Non-linear time series prediction has been a challenging task and important area of research in all branches of science and technology. Though several techniques are used for the pattern prediction problem, identifying unknown, valid information such as patterns and relationships from large time series databases is difficult, due to the presence of noise and high dimensionality. Hence a mathematical model is proposed to provide an effective solution for non-linear time series prediction. The advantage of this model is in handling noise and high dimensionality. The experimental comparison of the proposed model with traditional models like auto regressive integrated moving average (ARIMA) and generalised auto regressive conditional heteroskedastic (GARCH) models on different time series datasets has proved that the prediction accuracy of the proposed model is better than the models taken for comparison. In this paper, the comparison results in forecasting the electricity power demand is discussed.

]]> 10.1504/IJBIR.2013.053633 International Journal of Business Innovation and Research, Vol. 7, No. 3 (2013) pp. 298 - 317 S. Uma A. Chitra J. Suganthi Department of Computer Science and Engineering, Karpagam College of Engineering, Coimbatore 641032, Tamil Nadu, India ' Department of Computer Science and Engineering, PSG College of Technology, Peelamedu, Coimbatore 641004, Tamil Nadu, India ' Department of Computer Science and Engineering, Hindusthan College of Engineering and Technology, Coimbatore, 641032, Tamil Nadu, India time series prediction demand forecasting generalised auto regressive conditional heteroskedastic GARCH auto regressive integrated moving average ARIMA nonlinear modelling daily electricity demand 2013-05-03T23:20:50-05:00 © 2013 Inderscience Enterprises Ltd. 7 3 298 317 2013-05-03T23:20:50-05:00 http://www.inderscience.com/link.php?id=53634 Among traditional mystic wonders, India's handmade paper is one of great potential. This research paper presents the prospects, potentials, and drawbacks of Indian handmade paper industry (IHMPI) along with growth impetus that Khadi and Village Industries Commission (KVIC) provides for IHMPI at each phase of development. To study the growth patterns of IHMPI at various spectrums three time series autoregressive integrated moving average (ARIMA) models are used: return analysis model, development indicator model and export contribution model. The time series ARIMA models created in this paper clearly exhibit the prosperity of IHMPI, moreover the time series models also acknowledge the gains in rural employment and development, and exports of IHMPI over the years. Handmade paper industry - experience of Indian manufacturing units
Amit Kumar Dwivedi; G.S. Dangayach
International Journal of Business Innovation and Research, Vol. 7, No. 3 (2013) pp. 318 - 339
Among traditional mystic wonders, India's handmade paper is one of great potential. This research paper presents the prospects, potentials, and drawbacks of Indian handmade paper industry (IHMPI) along with growth impetus that Khadi and Village Industries Commission (KVIC) provides for IHMPI at each phase of development. To study the growth patterns of IHMPI at various spectrums three time series autoregressive integrated moving average (ARIMA) models are used: return analysis model, development indicator model and export contribution model. The time series ARIMA models created in this paper clearly exhibit the prosperity of IHMPI, moreover the time series models also acknowledge the gains in rural employment and development, and exports of IHMPI over the years.

]]> 10.1504/IJBIR.2013.053634 International Journal of Business Innovation and Research, Vol. 7, No. 3 (2013) pp. 318 - 339 Amit Kumar Dwivedi G.S. Dangayach Entrepreneurship Development Institute of India (EDII), P.O. Bhat-382428 Gandhinagar, Gujarat, India ' Department of Mechanical Engineering, Malaviya National Institute of Technology, J.L. Nehru Marg, Jaipur-302017, India Khadi and Village Industries Commission KVIC handmade paper industry IHMPI time series ARIMA models production sales rural development rural employment exports India 2013-05-03T23:20:50-05:00 © 2013 Inderscience Enterprises Ltd. 7 3 318 339 2013-05-03T23:20:50-05:00 http://www.inderscience.com/link.php?id=53635 This paper studies the formation of and the motives for research and development (R&D) activities. In it, we explore the linkages between explorative and exploitative R&D activities and the different types of governance structures firms use when organising R&D. Additionally, we analyse the relationship between different kinds of firm-external uncertainties arising from the operating environments and the organisation of R&D activities. Finally, we scrutinise the impact of the collaboration mode on a firm's innovative performance, and stress the important role of knowledge sharing as a generator of success in innovative performance. We employ survey data from our sample of 299 Finnish companies. The findings indicate that a firm's choice of R&D governance structure is partly affected by the selection of an explorative or exploitative strategy, which in turn depends on the degree of firm-internal uncertainty. External dynamism is an additional factor affecting the choice of the preferred governance structure. Coping with uncertainty - exploration, exploitation, and collaboration in R&D
Hanna Kuittinen; Kaisu Puumalainen; Ari Jantunen; Kalevi Kyläheiko; Satu Pätäri
International Journal of Business Innovation and Research, Vol. 7, No. 3 (2013) pp. 340 - 361
This paper studies the formation of and the motives for research and development (R&D) activities. In it, we explore the linkages between explorative and exploitative R&D activities and the different types of governance structures firms use when organising R&D. Additionally, we analyse the relationship between different kinds of firm-external uncertainties arising from the operating environments and the organisation of R&D activities. Finally, we scrutinise the impact of the collaboration mode on a firm's innovative performance, and stress the important role of knowledge sharing as a generator of success in innovative performance. We employ survey data from our sample of 299 Finnish companies. The findings indicate that a firm's choice of R&D governance structure is partly affected by the selection of an explorative or exploitative strategy, which in turn depends on the degree of firm-internal uncertainty. External dynamism is an additional factor affecting the choice of the preferred governance structure.

]]> 10.1504/IJBIR.2013.053635 International Journal of Business Innovation and Research, Vol. 7, No. 3 (2013) pp. 340 - 361 Hanna Kuittinen Kaisu Puumalainen Ari Jantunen Kalevi Kyläheiko Satu Pätäri Tecnalia, Strategy and Innovation Unit, Parque Tecnológico de Bizkaia, Edificio 204, E-48170 Zamudio, Spain ' School of Business, Lappeenranta University of Technology, P.O. Box 20, FI-53851 Lappeenranta, Finland ' School of Business, Lappeenranta University of Technology, P.O. Box 20, FI-53851 Lappeenranta, Finland ' School of Business, Lappeenranta University of Technology, P.O. Box 20, FI-53851 Lappeenranta, Finland ' School of Business, Lappeenranta University of Technology, P.O. Box 20, FI-53851 Lappeenranta, Finland research and development R&D survey research exploration research exploitation environmental dynamism research cooperation innovation performance knowledge sharing governance structures collaboration Finland uncertainty organisational structure 2013-05-03T23:20:50-05:00 © 2013 Inderscience Enterprises Ltd. 7 3 340 361 2013-05-03T23:20:50-05:00 http://www.inderscience.com/link.php?id=53636 Current changes in business conditions are increasing interest in environmental scanning and external analysis within the area of corporate strategy. Thus, strategic forecasting is gaining prominence. Strategic forecasting can be defined as the area of business economics that deals with the study and the practical application of methods, theories, models and techniques for long-term analysis of the non-proximate environment of the firm with the purpose of conducting strategic change. This article distinguishes strategic forecasting from other analytical approaches and develops its theoretical basis. Finally, challenges in future theoretical development and implications for business economic theory and practices are elaborated. Strategic forecasting: theoretical development and strategic practice
Henrik Johannsen Duus
International Journal of Business Innovation and Research, Vol. 7, No. 3 (2013) pp. 362 - 378
Current changes in business conditions are increasing interest in environmental scanning and external analysis within the area of corporate strategy. Thus, strategic forecasting is gaining prominence. Strategic forecasting can be defined as the area of business economics that deals with the study and the practical application of methods, theories, models and techniques for long-term analysis of the non-proximate environment of the firm with the purpose of conducting strategic change. This article distinguishes strategic forecasting from other analytical approaches and develops its theoretical basis. Finally, challenges in future theoretical development and implications for business economic theory and practices are elaborated.

]]> 10.1504/IJBIR.2013.053636 International Journal of Business Innovation and Research, Vol. 7, No. 3 (2013) pp. 362 - 378 Hanna Kuittinen Kaisu Puumalainen Ari Jantunen Kalevi Kyläheiko Satu Pätäri Department of Marketing, Copenhagen Business School, Solbjerg Plads 3 C 3.24, DK-2000 Frederiksberg, Denmark corporate strategy forecasting methodology futures research technological forecasting economic theory organisational development innovation management business cycles strategic forecasting business economics strategic change organisational change 2013-05-03T23:20:50-05:00 © 2013 Inderscience Enterprises Ltd. 7 3 362 378 2013-05-03T23:20:50-05:00 http://www.inderscience.com/link.php?id=53637 The study examined the impact of perceived organisational support on in-role performance and extra performance towards supervisors, co-workers and patients. A cross-sectional survey was conducted among medical officers and staff nurses working in primary health centres of Tamilnadu. From the results, it is found that perceived organisational support showed a positive impact of on in-role performance and extra role performance. It is found the extra role performance towards patients is greater compared to other job performance measures. The results of the study emphasise the public health department has to identify and reward substantial performers and review welfare policies that are perceived to be unattractive by healthcare professionals. Impact of perceived organisational support on job performance among healthcare professionals
G.N. Sumathi; T.J. Kamalanabhan; M. Thenmozhi
International Journal of Business Innovation and Research, Vol. 7, No. 3 (2013) pp. 379 - 391
The study examined the impact of perceived organisational support on in-role performance and extra performance towards supervisors, co-workers and patients. A cross-sectional survey was conducted among medical officers and staff nurses working in primary health centres of Tamilnadu. From the results, it is found that perceived organisational support showed a positive impact of on in-role performance and extra role performance. It is found the extra role performance towards patients is greater compared to other job performance measures. The results of the study emphasise the public health department has to identify and reward substantial performers and review welfare policies that are perceived to be unattractive by healthcare professionals.

]]> 10.1504/IJBIR.2013.053637 International Journal of Business Innovation and Research, Vol. 7, No. 3 (2013) pp. 379 - 391 G.N. Sumathi T.J. Kamalanabhan M. Thenmozhi Department of Management Studies, Indian Institute of Technology-Madras, Chennai-600036, India ' Department of Management Studies, Indian Institute of Technology-Madras, Chennai-600036, India ' Department of Management Studies, Indian Institute of Technology-Madras, Chennai-600036, India perceived organisational support in-role performance extra role performance primary health centres PHC India healthcare professionals supervisors co-workers patients medical officers staff nurses performance measures rewards welfare policies 2013-05-03T23:20:50-05:00 © 2013 Inderscience Enterprises Ltd. 7 3 379 391 2013-05-03T23:20:50-05:00