Essays on Management of New Technologies in Manufacturing and Service Industries

Essays on Management of New Technologies in Manufacturing and Service Industries PDF Author: Hiroki Sano
Publisher:
ISBN:
Category :
Languages : en
Pages : 280

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Book Description
This dissertation studies management of new technologies in the context of manufacturing and service, respectively, focusing on different issues specific to each type of industry. The first two essays investigate cooperative decisions regarding development and ownership of new technologies between competing manufacturers, and the third essay explores the positive effects of social media marketing (SMM) activities for companies of services with high perceived risk. In the first essay, we consider firms which can individually invest a fixed cost to enter a market that generates fixed industry-wide revenue if at least one firm invests. Instead of individually investing, each firm can also invest with its rival(s) as a coalition to share their cost efficiency and their total cost while incurring an additional coordination cost. The industry-wide revenue is divided to firms in the market according to their relative market power. We characterize the stable coalition structure and examine the industry-wide efficiency of the structure for a duopoly case and a restricted three-firm case, respectively. In the second essay, we consider a Cournot duopoly model in which one firm originally owns a new process technology while the other firm originally owns an existing process technology. Compared to the existing one, the new process technology enables production with a lower unit capacity cost while involving yield uncertainty in production capacity. We show that yield uncertainty of the new process technology can increase the likelihood of the new process technology being shared whether or not transfer payment is allowed between the two firms. In the third essay, we empirically investigate how customers of non-life insurance services in Japan recognize the effects of companies' SMM activities and how those SMM activities influence customer satisfaction (SAT) and relationship strength (RS). The results indicate that the dominant dimensions of the SMM construct are Interaction, Customization, and Security whereas Trendiness fails to demonstrate a dominant role. Further results indicate that both the direct effect of SMM on RS and the indirect effect of SMM on RS with SAT playing a mediating role are positive and significant.

Essays on Management of New Technologies in Manufacturing and Service Industries

Essays on Management of New Technologies in Manufacturing and Service Industries PDF Author: Hiroki Sano
Publisher:
ISBN:
Category :
Languages : en
Pages : 280

Get Book Here

Book Description
This dissertation studies management of new technologies in the context of manufacturing and service, respectively, focusing on different issues specific to each type of industry. The first two essays investigate cooperative decisions regarding development and ownership of new technologies between competing manufacturers, and the third essay explores the positive effects of social media marketing (SMM) activities for companies of services with high perceived risk. In the first essay, we consider firms which can individually invest a fixed cost to enter a market that generates fixed industry-wide revenue if at least one firm invests. Instead of individually investing, each firm can also invest with its rival(s) as a coalition to share their cost efficiency and their total cost while incurring an additional coordination cost. The industry-wide revenue is divided to firms in the market according to their relative market power. We characterize the stable coalition structure and examine the industry-wide efficiency of the structure for a duopoly case and a restricted three-firm case, respectively. In the second essay, we consider a Cournot duopoly model in which one firm originally owns a new process technology while the other firm originally owns an existing process technology. Compared to the existing one, the new process technology enables production with a lower unit capacity cost while involving yield uncertainty in production capacity. We show that yield uncertainty of the new process technology can increase the likelihood of the new process technology being shared whether or not transfer payment is allowed between the two firms. In the third essay, we empirically investigate how customers of non-life insurance services in Japan recognize the effects of companies' SMM activities and how those SMM activities influence customer satisfaction (SAT) and relationship strength (RS). The results indicate that the dominant dimensions of the SMM construct are Interaction, Customization, and Security whereas Trendiness fails to demonstrate a dominant role. Further results indicate that both the direct effect of SMM on RS and the indirect effect of SMM on RS with SAT playing a mediating role are positive and significant.

Essays in Technology Management and Policy

Essays in Technology Management and Policy PDF Author: David J. Teece
Publisher: World Scientific
ISBN: 9789810244477
Category : Technology & Engineering
Languages : en
Pages : 528

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Book Description
This book examines the manner in which successful firms develop, transfer, protect, and capture value from technological innovation. In essence, it is about ?knowledge management?, which lies at the foundation of firm level competitive advantage in today's global economy. The essays contain some of the fundamental contributions to the field of knowledge management by one of its best-known thinkers; they also constitute an immensely practical guide for those managers who wish to look below the surface of what is going on in Silicon Valley and elsewhere.

Investigating the Performance of US Manufacturing and Service Operations

Investigating the Performance of US Manufacturing and Service Operations PDF Author: Gilwhan Kim
Publisher:
ISBN:
Category :
Languages : en
Pages : 152

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Book Description
Research in operations management focuses on explaining differences in operating performance across organizations (Gino and Pisano 2008). In the same manner, this dissertation is motivated by the need to investigate the firm's performance as measured by technical (productive) efficiency and inventory productivity. The dissertation consists of three essays, addressing: (i) the performance of U.S. manufacturing and service operations in the presence of information technology (IT); (ii) the impacts of firm and industry characteristics upon the business value of IT as measured by technical efficiency; and (iii) the relationships among inventory turnover performance, IT, and firm and industry characteristics.In the first essay, based on the Bayesian stochastic production frontier approach, we evaluate and compare the performance of U.S. manufacturing and service operations in the presence of IT at the firm, industry, and sector levels, using a set of firm level data from 133 firms from 1999 to 2009. We also examine whether or not the "IT productivity paradox" exists in terms of technical efficiency, categorizing the whole sample into three subgroups according to the relative size of IT investment (high IT, medium IT, and low IT investment firms). Moreover, by suggesting a sensitivity analysis, we observe the variation of technical efficiency responding to the variation in the quality of IT capital. The main findings include the following: (i) a fair number of firms considered in this research benefit from adopting IT capital as one of their production factors. (ii) a lot of IT investments do not necessarily improve technical efficiency. (iii) wholesale industry performs best in terms of technical efficiency irrespective of the introduction of IT. (iv) the IT productivity paradox is observed in eight industries (five manufacturing and three service industries). (v) low IT investment firms, wholesale industry, and service sector turn out to be less sensitive to the variation in the quality of IT capital. In addition, this essay reviews in detail the useful estimation method called Gibbs sampling, considered one of the novel ways to analyze managerial problems. In the second essay, we investigate the roles of firm and industry characteristics in conjunction with IT in terms of technical efficiency. Specifically, employing growth options and vertical integration to reflect firm characteristics, and adopting industry dynamism and concentration to reflect industry characteristics, we analyze the impacts of these variables upon the business value of IT as measured by technical efficiency. For analysis, this essay relies on the generalized two-equation model equipped with the Bayesian stochastic production frontier, using a set of firm level IT data from 131 firms from 1999 to 2009. Importantly, the IT productivity paradox is reexamined on the consideration of the selected characteristics. The principal findings include: (i) IT has the positive impact on output and technical efficiency at the collective level, regardless of the introduction of firm and industry characteristics. (ii) vertical integration has a negative impact on output and technical efficiency, and the relationship between IT and vertical integration is substitutable. (iii) high IT investment firms do not benefit from IT in the absence and presence of firm and industry characteristics. (iv) the IT productivity paradox is observed in most industries with higher IT investment. (v) substitutability phenomena created by IT and firm and industry characteristics appear in six industries (three manufacturing industries and three service industries), no matter which characteristics are considered. In the third essay, we examine the relationship between IT investment and inventory turnover performance, using 98 firms spanning 11 years (from 1999 to 2009). In addition, we analyze the correlation of inventory turnover performance with firm and industry characteristics. Specifically, as in the second essay, vertical integration and growth options are chosen to reflect the important features of the firm's internal characteristics, and industry dynamism and concentration are chosen to represent the industry's competitive environment. The major findings include the following: (i) inventory turnover ratio is positively correlated with IT investment and growth options. (ii) inventory turnover ratio is negatively correlated with vertical integration and industry dynamism. We also examine time trends in inventory turnover performance and find that it has been improved over the period from 1999 to 2009.

The Management of Productivity and Technology in Manufacturing

The Management of Productivity and Technology in Manufacturing PDF Author: Paul R. Kleindorfer
Publisher: Springer Science & Business Media
ISBN: 1461325072
Category : Business & Economics
Languages : en
Pages : 333

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Book Description
This volume is concerned with the nature of new manufacturing technologies, such as CAD/CAM and robotics, as well as ap propriate methodologies for evaluating whether such technologies are financially and organizationally viable in particular contexts. The chapters included here were commissioned as papers for presen tation at The Wharton Conference on Productivity, Technology, and Organizational Innovation, which took place in Philadelphia on December 8 and 9 of 1983. The conference was sponsored by The University of Pennsylvania's Center for the Study of Organizational Innovation. There has been a surge of interest in the area of manufacturing over the past ten years as managers have come to realize that the operations function is critical to remaining competitive. New status has been given to factory and operations managers. New programs revitalizing manufacturing and distribution have been introduced in organizations. Corporate strategy is now explicitly considering operations and manufacturing functions. And the curricula of leading business schools are reflecting the rapidly advancing research on technology management and manufacturing operations. In spite of these important signs of progress, we are clearly just at the beginning of understanding the issues involved here. The present volume provides a state-of-the-art review of the realities of technology management and manufacturing strategy. As described in the Editor's Introduction, we address four topics: The Nature of New Manufacturing Technology, Innovation and Manufacturing Strategy, Productivity Management, and Technology Management and Organ ization. These issues are clearly very important themes for U.S.

Factories of the Future

Factories of the Future PDF Author: Chandan Deep Singh
Publisher: John Wiley & Sons
ISBN: 1119864941
Category : Technology & Engineering
Languages : en
Pages : 308

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Book Description
FACTORIES OF THE FUTURE The book provides insight into various technologies adopted and to be adopted in the future by industries and measures the impact of these technologies on manufacturing performance and their sustainability. Businesses and manufacturers face a slew of demands beyond the usual issues of staying agile and surviving in a competitive landscape within a rapidly changing world. Factories of the Future deftly takes the reader through the continuous technology changes and looks ten years down the road at what manufacturing will mostly look like. The book is divided into two parts: Emerging technologies and advancements in existing technologies. Emerging technologies consist of Industry 4.0 and 5.0 themes, machine learning, intelligent machining, advanced maintenance, reliability, and green manufacturing. The advances of existing technologies consist of digital manufacturing, artificial intelligence in machine learning, Internet of Things, product life cycle, and the impact of factories on the future of manufacturing performance of the manufacturing industries. Readers will find in this illuminating book: A comprehensive discussion of almost all emerging technologies, including “green” manufacturing; An overview of the social, economic, and technical aspects of these technologies; An explanation of these technological advancements on manufacturing performance, through case studies and other analytical tools.

Strategic Technology Partnering and Supply Chain Risk Management

Strategic Technology Partnering and Supply Chain Risk Management PDF Author: Irène Kilubi
Publisher: Springer
ISBN: 3658199180
Category : Business & Economics
Languages : en
Pages : 387

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Book Description
With her work, Irène Kilubi builds a bridge between two areas of business research, on the one hand the supply chain management, and on the other hand innovation and technology management. In the context of her work, she proposes to expand the usual instruments of supply chain risk management by strategic technology partnerships, which not only provide procurement alternatives but also the possibility to develop technological alternatives at short notice. More precisely, she advocates that the capabilities needed for STP serve as enablers for effective SCRM. Accordingly, connections between supply chain risk management and strategic technology partnering are presented and a conceptual framework is correspondingly created.

The New Faces of Organizations in the 21st Century

The New Faces of Organizations in the 21st Century PDF Author: Mohammad Ali Sarlak
Publisher: NAISIT Publishers
ISBN: 0986533521
Category : Business & Economics
Languages : en
Pages : 252

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Book Description


Personnel Literature

Personnel Literature PDF Author: United States. Office of Personnel Management. Library
Publisher:
ISBN:
Category : Civil service
Languages : en
Pages : 640

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Book Description


Bulletin

Bulletin PDF Author:
Publisher:
ISBN:
Category : Labor
Languages : en
Pages : 178

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Book Description


New Frontiers in the Economics of Innovation and New Technology

New Frontiers in the Economics of Innovation and New Technology PDF Author: Cristiano Antonelli
Publisher: Edward Elgar Publishing
ISBN: 1845427920
Category : Technology & Engineering
Languages : en
Pages : 495

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Book Description
This Festschrift explores the truly exceptional breadth and depth of Paul David s work, focusing upon his contributions to the topics of path dependence, the economics of knowledge, and the diffusion of technology. The book consists of 15 papers plus an introduction by the editors and an entertaining postscript by Dominique Foray. . . For economic historians, the papers on path dependence assembled in this book, and particularly the conceptual paper by Antonelli, should be essential reading. Nikolaus Wolf, Economic History Review Recent research on the economics of innovation has acknowledged the importance of path dependence and networks in the evolution of economies and the diffusion of new techniques, products, and processes. These are topics pioneered by Paul A. David, one of the world s leading scholars in the economics of innovation. This outstanding collection provides a fitting tribute to the diversity and depth of Paul David s contributions. The papers included range from simulation models of the evolution of market structure in the presence of innovation, through historical investigations of knowledge networks and empirical analysis of contemporary networks, to the analysis of the diffusion of innovations using simulation and analytic models and of the diffusion of knowledge using patent data. With an emphasis on simulation models, data analysis, and historical evidence, this book will be required reading for researchers in innovation economics and regional development as well as economists, sociologists, and historians of innovation and intellectual property.