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Resource Commitment (resource + commitment)

Distribution by Scientific Domains

Business, Economics, Finance and Accounting	100%

Selected Abstracts

Information Processing and Firm-Internal Environment Contingencies: Performance Impact on Global New Product Development

CREATIVITY AND INNOVATION MANAGEMENT, Issue 3 2010
Elko Kleinschmidt
Innovation in its essence is an information processing activity. Thus, a major factor impacting the success of new product development (NPD) programs, especially those responding to global markets, is the firm's ability to access, share and apply NPD information, which is often widely dispersed, functionally, geographically and culturally. To this end, an IT-communication strength is essential, one that is nested in an internal organizational environment that ensures its effective functioning. Using organizational information processing (OIP) theory as a framework, superior global NPD program performance is shown to result from an effective IT/Communication strength and the commitment components of the firm's internal environment, which are hypothesized to moderate this relationship. IT/Communication strength is identified in this study in terms of two components including the IT/Comm Infrastructure and IT/Comm Capability of the firm, whereas the moderating internal environment of the firm incorporates Resource Commitment and Senior Management Involvement. Data from a major empirical study of international NPD programs (382 SBUs) are used to develop and test this model. Based on a hierarchical regression analysis, the results are substantially supportive, with some unexpected findings. These shed light on the complex relationships of the firm's internal environment, OIP competency, and global NPD program performance. [source]

Building a Strong Foothold in an Emerging Market: A Link Between Resource Commitment and Environment Conditions*

JOURNAL OF MANAGEMENT STUDIES, Issue 5 2004
Yadong Luo
ABSTRACT This study examines how MNEs align resource commitment with environmental conditions (challenges and opportunities) when they invest in a foreign emerging market. MNEs often face a dilemma in allocating resources to this environment: without this commitment, they cannot build a strong competitive foothold; yet with over-commitment, there is excessive economic exposure. Our analysis of MNEs in a major emerging market suggests that resource commitment is an inverse function of market uncertainty and this inverse link is stronger for less strategically proactive MNEs. Resource commitment is also an increasing function of market opportunities and this function is stronger for firms emphasizing demand-side (as opposed to cost-side) gains. In addition, in a highly volatile industry, resource commitment is negatively associated with cultural distance, but in a relatively stable industry, it is positively associated with cultural distance. And finally, as foreign subsidiaries become older, the influence of cultural distance on resource commitment is weakened. [source]

Resource Availability, Commitment and Environmental Reliability & Safety: A Study of Petroleum Refineries

JOURNAL OF CONTINGENCIES AND CRISIS MANAGEMENT, Issue 1 2005
Frederick Wolf
This paper examines the effect of resource availability and resource commitment on several important regulatory measures related to environmental risk and safety performance in petrochemical manufacturing. The research is grounded in Normal Accident Theory, and it controls for the effect of interactive complexity and a coupling on environmental reliability. The study is based on a sample (n=70) of petroleum refineries located in the United States during the five-year period, 1993,97. A statistically significant (p=.01) relationship between resource availability and the incidence of accidental hazardous substance releases was observed. The study also identified a significant relationship between plant safety as measured by Total Case Incident Rates (TCIR) and resource availability. Surprisingly, no significant relationships were observed between accidental hazardous substance releases or safety related performance outcomes as measured by Total Case Incident Rates and resource commitment as capital spending related to health, environmental and safety in this sample of refineries. [source]

Building a Strong Foothold in an Emerging Market: A Link Between Resource Commitment and Environment Conditions*

An Empirical Investigation of Knowledge-Sharing in Networks

JOURNAL OF SUPPLY CHAIN MANAGEMENT, Issue 4 2005
Stephan M. Wagner
Summary Given the growing importance of knowledge-sharing, the primary purpose of this research is to develop and test a series of hypotheses regarding interorganizational knowledge-sharing with different actors in networks. Findings, based on responses from 182 firms, reveal that a firm's degree of knowledge-sharing with research institutions and customers is positively influenced by the firm's resource commitment. As expected, the firms' satisfaction is positively related to the frequency of communication. Consistent with the proposed hypotheses, knowledge tacitness diminishes the effect sharing knowledge with suppliers has on satisfaction. Contrary to expectations, tacitness positively moderates the effect sharing knowledge with customers has on satisfaction. Overall, this paper establishes the foundation for a more fine-grained analysis of knowledge-sharing with customers, suppliers and research institutions in a network setting. [source]

Performance of Global New Product Development Programs: A Resource-Based View

THE JOURNAL OF PRODUCT INNOVATION MANAGEMENT, Issue 5 2007
Elko J. Kleinschmidt
Gaining a competitive edge in today's turbulent business environment calls for a commitment by firms to two highly interrelated strategies: globalization and new product development (NPD). Although much research has focused on how companies achieve NPD success, little of this deals with NPD in the global setting. The authors use resource-based theory (RBT),a model emphasizing the resources and capabilities of the firm as primary determinants of competitive advantage,to explain how companies involved in international NPD realize superior performance. The capabilities RBT model is used to test how firms achieve superior performance by deploying organizational capabilities to take advantage of key organizational resources relevant for developing new products for global markets. Specifically, the study evaluates (1) organizational NPD resources (i.e., the firm's global innovation culture, attitude to resource commitment, top-management involvement, and NPD process formality); (2) NPD process capabilities or routines for identifying and exploiting new product opportunities (i.e., global knowledge integration, NPD homework activities, and launch preparation); and (3) global NPD program performance. Based on data from 387 global NPD programs (North America and Europe, business-to-business), a structural model testing for the hypothesized mediation effects of NPD process capabilities on organizational NPD resources was largely supported. The findings indicate that all four resources considered relevant for effective deployment of global NPD process capabilities play a significant role. Specifically, a positive attitude toward resource commitment as well as NPD process formality is essential for the effective deployment of the three NPD process routines linked to achieving superior global NPD program performance; a strong global innovation culture is needed for ensuring effective global knowledge integration; and top-management involvement plays a key role in deploying both knowledge integration and launch preparation. Of the three NPD process capabilities, global knowledge integration is the most important, whereas homework and launch preparation also play a significant role in bringing about global NPD program success. Tests for partial mediation suggest that too much process formality may be negative and that top-management involvement requires careful focus. [source]