Going beyond prior studies that exclusively focus on how family governance and management factors determine research and development (R&D) investment decisions, this study investigates a family science factor: family firm owner's birth order, defined as the relative rank of the owner in terms of the age hierarchy among siblings in the family. Joining the family niche model of birth order and socioemotional wealth perspective, we propose that later-born family firm owners tend to be risk-takers and invest more in R&D projects compared with their earlier-born counterparts. We further examine how the two other powerful decision-makers within family firms (i.e., chairperson of the board and CEO) enable or constrain the owner's birth order–R&D investment relationship. We contend that the positive birth order impact on R&D investment is weaker when a family member is the chairperson of the board, while such a relationship is stronger in the presence of owner–CEO duality
Law #42: A market segment is a group of job executors within a market that shares a common priority order of Outcome Statements...From Law #42, A market segment is a group of job executors within a market that shares a common priority order of Outcome Statements
Building design as a dynamic capability: A model for design integration Julie Sahakian, Sihem BenMahmoud Jouini kHUB post date: January 2, 2024 Originally published: June 6, 2024 (PDMA JPIM • Vol 40, Issue 5 • September 2023) Read time: 65 minutes Access the Full Article A growing number of firms have integrated design in order to foster innovation and growth
Use technology to improve your customer service Giving your customers the opportunity to order from your online menu gives them easy access. It allows them to browse for as long as they like before ordering. Many times they will spend more if they can order online as they’re tempted to try out more
How to Manage Successful Portfolios Mark Bouchea (ITP Product) and Corey Fiedler (Broadridge Financial Solutions, Inc) Originally presented: March 21, 2019 Watch time: 1 hour, 4 minutes Access the Webcast Whether your product portfolio is small or large, balancing multiple products at different points in their product lifecycle in order to create the optimal mix can be challenging. In this session, two senior product leaders will share their approach to product lifecycle management and discuss how they balance their diverse portfolios in order to meet their business objectives.
Empathy requires us to put aside our culture, ideas and worldview in order to truly understand other peoples’ experiences
He’s passionate about learning and understanding human behavior in context in order to improve people’s lives through the design of valuable, usable, and delightful products and services
During this webcast, you will learn new ways to think about who you will need to talk to in order to fully understand customer needs to create a framework to design a formal sample for market research
This paper describes the development and validation of a third-order SC innovation scale based on the collection of primary quantitative and qualitative data