infonet-economy

Building upon and extending Parker, Bindl, and Strauss’s (2010)theory of proactive motivation, we develop an integrated, multilevel model to examine how contextual factors shape employees’ proactive motivational states and, through these proactive motivational states, influence their personal initiative behavior. Using data from a sample of hotels collected from 3 sources and over 2…

Purpose – The purpose of this paper is to examine through a sensemaking lens the transforming nature of scientists’ work role in public research organizations (PROs), resulting from organizational innovations in the form of collaborative culture. Design/methodology/approach – Based on a symbolic-functionalist theory of work role transition, the paper uses interview data from a case…

This paper examines the strategic renewal activities top service firms use to respond to environmental scarcity. Based on a longitudinal dataset of 97 leading European service firms, it empirically conceptualizes three clusters or strategic types of organizational response to overcome long-term financial strain. Leading E.U. service firms that attempt to maximize recovery by…

Scholars studying intuition are frequently focusing on decision takers and to this day, they conceptualize intuition as a form of judgment. More recently, the notion of intuition in creativity has been challenged by the argument that although the creative process may contain intuitive judgments, any creative idea or solution is essentially the result of intuitive insight. This…

This study explores the institutional and regulatory obstacles to hospitality and tourism research in Switzerland and explains why scientific research is underdeveloped in Swiss hotel and tourism management schools. A case study approach is adopted to analyze the research practices pursued by Ecole hôtelière de Lausanne as a solution to combat the regulatory constraints in Swiss…

This paper introduces a model of limited consumer attention into an otherwise standard new trade theory model with love-of-variety preferences and heterogeneous firms. In this setting, we show that international integration needs not be welfare enhancing if the consumers' capacity to gather and process information is limited. Rather, it intensifies competition for scarce…

This paper analyzes the developmental origins and the evolution of health, cognitive, and socio-emotional skills during early childhood, from age 0 to 5. We explicitly model the dynamic interactions of health with the child’s behavior and cognitive skills, as well as the role of parental investment. A dynamic factor model corrects for the presence of measurement error in the proxy…

What determines risk-bearing capacity and the amount of leverage in financial markets? Using unique archival data on collateralized lending, we show that personal experience can affect individual risk-taking and aggregate leverage. When an investor syndicate speculating in Amsterdam in 1772 went bankrupt, many lenders were exposed. In the end, none of them actually lost money.…