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作者:Shepherd, Dean A.; Patzelt, Holger
作者单位:Indiana University System; IU Kelley School of Business; Indiana University Bloomington; Technical University of Munich
摘要:In this article, we introduce the notion of operational entrepreneurshipthe selection and management of transformation processes for recognizing, evaluating, and exploiting opportunities for potential value creationto offer examples of research opportunities at the interface of entrepreneurship and operations management. Specifically, we believe that operations management has been under-utilized for gaining a deeper understanding of (i) the knowledge and motivation required for opportunity rec...
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作者:Osadchiy, Nikolay; Gaur, Vishal; Seshadri, Sridhar
作者单位:Emory University; Cornell University; University of Texas System; University of Texas Austin
摘要:We present a method for forecasting sales using financial market information and test this method on annual data for US public retailers. Our method is motivated by the permanent income hypothesis in economics, which states that the amount of consumer spending and the mix of spending between discretionary and necessity items depend on the returns achieved on equity portfolios held by consumers. Taking as input forecasts from other sources, such as equity analysts or time-series models, we cons...
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作者:Perdikaki, Olga; Swaminathan, Jayashankar
作者单位:Texas A&M University System; Texas A&M University College Station; Mays Business School; University of North Carolina; University of North Carolina Chapel Hill
摘要:There is a growing trend in the retail industry to improve customer experience. In this article, we study retailer-initiated strategies to increase consumer valuation for a product under duopoly. In such a setting, it is possible that a consumer's valuation may be increased by one retailer; however, the consumer may decide to buy the product from the competitor. We consider a two-stage game where retailers first decide whether to invest in improvements in customer valuation and then engage in ...
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作者:Hall, Nicholas G.; Liu, Zhixin
作者单位:University System of Ohio; Ohio State University; University of Michigan System; University of Michigan
摘要:We consider the allocation of limited production capacity among several competing agents through auctions. Our focus is on the contribution of flexibility in market good design to effective capacity allocation. The application studied is a capacity allocation problem involving several agents, each with a job, and a facility owner. Each agent generates revenue by purchasing capacity and scheduling its job at the facility. Ascending auctions with various market good designs are compared. We intr...
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作者:Pedraza-Martinez, Alfonso J.; Van Wassenhove, Luk N.
作者单位:Indiana University System; Indiana University Bloomington; IU Kelley School of Business; INSEAD Business School
摘要:This article studies 4x4 vehicle replacement within the International Committee of the Red Cross (ICRC), one of the largest humanitarian organizations. ICRC policy sets the replacement of vehicles at 5 years or 150,000 km, whichever comes first. Using field data collected at the ICRC headquarters and national level we study the ICRC policy. Our results suggest that the organization can make considerable savings by adjusting its replacement policy. This study contributes to the area of logistic...
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作者:Guemues, Mehmet; Li, Shanling; Oh, Wonseok; Ray, Saibal
作者单位:McGill University; Korea Advanced Institute of Science & Technology (KAIST)
摘要:In this article, we study the price partitioning decisions of online retailers regarding shipping and handling (S&H) fees. Specifically, we analyze two partitioning formats used by retailers in this context. In the first scenario, retailers present customers with a price that is partitioned into a product price and a separate S&H surcharge (the PS strategy); in the second, customers are offered free shipping through a non-partitioned format where the product price already includes the shipping...
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作者:Chen, Ying-Ju; George, Shanthikumar J.; Max, Shen Zuo-Jun
作者单位:University of California System; University of California Berkeley; Purdue University System; Purdue University
摘要:In recent years, I.T.C. Limited (hereafter ITC) developed the e-Choupals for the rural areas of India. In this new business model, ITC reaches implicit agreements with some farmers (inside the network) that they can sell the products directly to ITC at the market price in the local market, but allow the farmers, both inside and outside the network, to access valuable information through the e-Choupals. In this study, we investigate ITC's incentive of offering such opportunities, especially to ...
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作者:Huh, Woonghee Tim; Lall, Upmanu
作者单位:University of British Columbia; Columbia University; Columbia University
摘要:The changing climate and concerns over food security are prompting a new look at the supply chain reliability of products derived from agriculture, and the potential role of contract farming as a mechanism to address climate and price risk while contributing toward crop diversification and water use efficiency is also emerging. In this study, the decision problem of a farmer associated with allocating his land among different crops with varying water requirements is considered, given that a su...
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作者:Roh, Joseph A.; Whipple, Judith M.; Boyer, Kenneth K.
作者单位:Texas Christian University; Michigan State University; Michigan State University's Broad College of Business; University System of Ohio; Ohio State University
摘要:As the global competitive landscape intensifies, firms have looked to their supply chain organizations to improve cost, visibility, and cycle time performance across functions, products, and markets. As a result, the scope of supply chain related operations have increasingly cut across organizational boundaries. To understand and capture such cross-organizational activities, researchers have broadened the focus of their studies and included multiple stakeholders in their analysis (e.g., integr...
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作者:Anderson, Edward G., Jr.; Parker, Geoffrey G.
作者单位:Tulane University
摘要:We analyze the market entry problem faced by startups that must integrate their service or product with one or more complementary technologies. The problem is especially challenging when the complementary technologies have uncertain cost reduction potentials. The entrepreneurship literature suggests that startups should pursue focused strategies for various reasons, including bounded rationality and budget constraints, but generally overlooks startups entering markets with complementary techno...