Benefits of managerial overconfidence for corporate digital transformation: Evidence from China DOI Creative Commons
Yi Jin, Chuxin Chen, Bo Liu

et al.

PLoS ONE, Journal Year: 2024, Volume and Issue: 19(11), P. e0314231 - e0314231

Published: Nov. 21, 2024

This article studies how managerial overconfidence shapes a firm’s digital transformation and unpacks the pathway boundary condition. Using sample of Chinese listed firms between 2011 2022, we find that exhibits positive relationship with corporate is mediated by R&D investment. In addition, demonstrate compared to state-owned companies, investment has more significant effect on in non-state-owned companies. study contributes novel insights about consequences cognitive biases top managers extends for investigating age. The findings offer implications who have fully recognize impact development companies overconfident executives depending create value. this also reminds policymakers improve efficiency converting into enterprises.

Language: Английский

Coopetition Networks for Small and Medium Enterprises: A Lifecycle Model Grounded in Service-Dominant Logic DOI Creative Commons
Agostinho da Silva, António J. Marques Cardoso

Systems, Journal Year: 2024, Volume and Issue: 12(11), P. 461 - 461

Published: Oct. 31, 2024

Small and medium enterprises (SMEs) are vital to the European economy, but sustaining coopetition networks—collaborative arrangements between competitors—remains challenging. In this study, gap is addressed by developing a reference model methodology for networks explicitly designed SMEs grounded in service-dominant (S-D) logic framework. The provides structured approach managing across entire network lifecycle, from initiation dissolution, emphasizing value co-creation resource integration. A proof of concept (PoC) was implemented Portuguese ornamental stone sector validate model, revealing significant improvements manufacturing effectiveness demonstrating model’s practical applicability. results underscore potential boost SMEs’ competitiveness performance while identifying key trade-offs risks, such as knowledge sharing market cannibalization. Although addresses critical challenges, limitations acknowledged areas future research suggested, particularly relation long-term sustainability influence interpersonal dynamics.

Language: Английский

Citations

0

Benefits of managerial overconfidence for corporate digital transformation: Evidence from China DOI Creative Commons
Yi Jin, Chuxin Chen, Bo Liu

et al.

PLoS ONE, Journal Year: 2024, Volume and Issue: 19(11), P. e0314231 - e0314231

Published: Nov. 21, 2024

This article studies how managerial overconfidence shapes a firm’s digital transformation and unpacks the pathway boundary condition. Using sample of Chinese listed firms between 2011 2022, we find that exhibits positive relationship with corporate is mediated by R&D investment. In addition, demonstrate compared to state-owned companies, investment has more significant effect on in non-state-owned companies. study contributes novel insights about consequences cognitive biases top managers extends for investigating age. The findings offer implications who have fully recognize impact development companies overconfident executives depending create value. this also reminds policymakers improve efficiency converting into enterprises.

Language: Английский

Citations

0