Businesses, Volume 2, Issue 3 (September 2022) – 5 articles

Small and startup IT (SSIT) firms are responsible for a lot of important IT innovations in the IT industry. Several SSIT firms are then bought by larger, more established IT companies that want to drive their innovation, add new product and service lines, or limit competition. However, because SSIT firms are often small and difficult to find, it is hard for many of them to show acquiring firms how good they are. We discuss three “information chasms” to explain why it is difficult for SSIT firms to show how good they are, and we suggest that the SSIT firms that successfully cross these “information chasms” can become acquired for a higher price. Using a dataset of over two hundred acquisitions of SSIT firms in the IT industry from the mid-2000s to the mid-2010s, we find that our hypotheses are confirmed. When SSIT firms invest in activities that eliminate uncertainty about the firm’s knowledge resources and promote the firm, they are acquired at a higher price. In addition, purchasers pay a premium for SSIT firms that continue to utilize mature IT during acquisitions. Full article

From the perspective of live commerce consumers in South Korea, this study aimed to investigate the changes in consumer interest since the onset of the coronavirus disease 2019 (COVID-19) pandemic. To this end, a consumer perception survey on live commerce was conducted. Further, this study utilized social big data analytics, which involved collecting posts and articles from Korean portal sites for the 2019–2020 period and then analyzing them through text mining. The results revealed that, before the outbreak of COVID-19, the keyword “mobile” showed high appearance frequency and high connection centrality. “Fashion” and “beauty,” which are classified as subcategories of live commerce in Korea, also appeared as top keywords, both before and after the onset of COVID-19. Considering the social environment and characteristics of live commerce, providing services that enable consumers to participate in the streaming platform more actively is necessary. Additionally, providing services that encourage customers to respond would also be desirable. This study’s findings can serve as baseline data for the development of an extension plan for the Korean fashion and beauty industry through live commerce and can provide insight into the consumption patterns of consumers of live commerce. Full article

This paper aims to explore the nature of Work–Life Balance (WLB) policies offered within a developing country (Gaza; Palestine) by two telecommunication companies. Firstly, the cultural context is described, in which two semi-public companies have developed a particular set of family-friendly policies, which have attempted to serve the needs of employees of a country enduring blockade and bombardment. Then, ideas are developed exploring why the adoption of Work–Life Balance (WLB) policies in these organisations may have taken a particular pathway. Using the value assumptions of an Islamically informed critical realist approach, qualitative studies have been undertaken in which 20 managers and 42 employees (one third female) have been interviewed in two semi-public companies during a time of turbulence (2015 to 2021) in the political economy of Gaza. These interviews have been subjected to systematic qualitative analysis and interpreted from the methodologies of critical realism and auto-ethnography. The reasons for the provision of WLB benefits identified by respondents were often different in kind and degree from those found in studies in Western countries. These assumed reasons also differed between managers and professional employees. Generally, WLB benefits supported women in an Islamic and Arabic culture in ways which were resonant with cultural settings, but which also reflected local political and union pressures, government regulations, and international influences. The reasons for the provision of WLB benefits identified by respondents were often different in kind and degree from those found in studies in Western countries. These reasons also differed between managers and professional employees. Generally, WLB benefits supported women in an Islamic and Arabic culture in ways which were resonant with cultural and religious settings. This study, the first of its kind in a Muslim, Arabic culture deserves replication with both qualitative and quantitative methodologies. Full article

Relationships between functional specialists working on NPD projects can lack trust, resulting in poor communication, low levels of co-operation, and, in the extreme, the political sabotage of projects. We empirically test a hypothesized model of managerial perceptions of motives and intentions, negative project politics, and affect-based trust, as well as their effect on dysfunctional conflict and defensive behaviors, with their subsequent effect on collaboration and NPD project success. Data were from 184 projects from the technically trained manager perspective, and 145 projects were from the marketing manager perspective. We find that, despite all of the NPD process improvement and use of integration methods, NPD managerial level interactions are still fundamentally relationally-based, where the strongest effects on cross-functional managerial behavior are from perceptions of negative motives, leading to defensive behaviors and politics interfering with collaboration and NPD success. On a positive note, while evident affect-based trust leads to collaboration and NPD success, it is far more important for technically trained managers. The implications for top management lie in structuring organizational processes that are trust-rich, in order to avoid the opportunity for distrust and suspicion to arise. Full article

The background of this study is related to the tendencies in caviar production and prices in the world. The objective of the study is to evaluate and compare the profitability of different sturgeon sex determination methods for the conditions of aquaculture farms in northern Israel. We present the economic valuation of the technological innovation of early sex determination in this aquaculture industry. The production of sturgeon biomass exceeded the fishery harvest during the 1970–1980s by more than four times. There was a significant decline in world caviar prices the last time. The aquafarming business has a high potential economic value in the region of northern Israel. Based on the empirical data of the Caviar Galilee farm in this region, we examine the economic benefits of the innovation in sturgeon sex determination, including the case of a possible decrease in caviar price. Using the bio-economic model for a sturgeon caviar farm in two versions (for each of the considered sex determination methods, the endoscopy method and the early sex determination method), we show the economic advantages of this innovation of 9–34% for different financial highlights compared to the traditional method of sturgeon sex determination. The study empirically illustrates the economic advantages of the cooperation between aquaculture farming and research institutes. Our study suggests that additional directions in research should be sought in order to increase the profitability of sturgeon farms, especially when the world caviar prices decline. Further research can be conducted for additional regions and data. Full article