Competitive Industry Research Articles

Public data openness and firm innovation strategies

ABSTRACT This paper investigates the impact of urban-level public data open platforms on corporate innovation strategies by using them as a quasi-natural experiment and employing the difference-in-differences (DID) method. The findings indicate that public data openness significantly promotes incremental innovation rather than breakthrough innovation, with economic and public service data playing a particularly influential role. Moreover, the preference for incremental innovation by enterprises reduces innovation quality, but this issue can be mitigated by introducing industry competition and strengthening intellectual property protection.

Pengaruh Pemanfaatan Fitur Virtual Try-On Berbasis Augmented Reality pada Aplikasi Tiktok dalam Pemilihan Produk Cushion Oleh Mahasiswa di Fakultas Pariwisata dan Perhotelan Universitas Negeri Padang

This research is motivated by problems. The digital era has had a significant impact on social, economic and cultural aspects, especially in the field of information technology. Information technology is an ever-growing field that enables the exchange and sharing of information. The application of digital marketing is currently increasingly being carried out considering that industrial competition, especially in the e-commerce sector, is getting tighter. As one of the largest e-commerce in Indonesia, Tiktok has adopted the use of augmented reality virtual try on technology as one form of its digital marketing efforts to create a more enjoyable user experience. This research was conducted with the aim of analyzing the effect of using the virtual try-on feature based on augmented reality on the Tiktok application by Generation Z. This research took a study of the virtual try-on feature found on Indonesian Tiktok e-commerce for beauty products. This research used a quantitative approach through causal associative techniques on 264 respondents who were interested in Cushion products. Data analysis in this research was obtained using PLS-SEM which showed the results that the dimensions of the augmented reality variables had a positive effect on product selection at Cusion.

An Integrated Software-Defined Networking–Network Function Virtualization Architecture for 5G RAN–Multi-Access Edge Computing Slice Management in the Internet of Industrial Things

The Internet of Things (IoT), namely, the set of intelligent devices equipped with sensors and actuators and capable of connecting to the Internet, has now become an integral part of the most competitive industries, as it enables optimization of production processes and reduction in operating costs and maintenance time, together with improving the quality of products and services. More specifically, the term Industrial Internet of Things (IIoT) identifies the system which consists of advanced Internet-connected equipment and analytics platforms specialized for industrial activities, where IIoT devices range from small environmental sensors to complex industrial robots. This paper presents an integrated high-level SDN-NFV architecture enabling clusters of smart devices to interconnect and manage the exchange of data with distributed control processes and databases. In particular, it is focused on 5G RAN-MEC slice management in the IIoT context. The proposed system is emulated by means of two distinct real-time frameworks, demonstrating improvements in connectivity, energy efficiency, end-to-end latency and throughput. In addition, its scalability, modularity and flexibility are assessed, making this framework suitable to test advanced and more applications.

Impact of Chatbots on Satisfaction and Loyalty in Lima's Telecom Sector

The migration towards digital environments has transformed the expectations of consumers, who now not only look for quality products and services, but also convenience, personalization and efficiency in each interaction with the brand. This change presents significant challenges for companies, as they need to constantly adapt to meet their needs and thus maintain loyalty in a highly competitive market. The pressure to offer added value and maintain customer preference is intensified by the ease with which consumers switch to competitors. which drives companies to innovate and adapt AI such as chatbots, which could be the answer to this challenge. The objective of this research work is to know if the use of chatbots positively influences the satisfaction and perceived loyalty of consumers of telephone services, since in this case the speed, quality of the service and the customer's need for understanding. They are critical and represent a greater challenge to differentiate. The methodology used for this research maintains a quantitative, correlational, non-experimental approach. The type of sampling was non-probabilistic, and the strategy was snowball. The instrument used was a questionnaire with a sample of around 130 consumers in the city of Metropolitan Lima in Peru. The findings suggest that chatbots are not only innovative tools, but also strategic ones for telephone companies seeking to improve customer satisfaction and loyalty. The implementation of appropriate chatbots can transform the customer experience, providing a more agile, personalized and effective service, thus seeing a close relationship between the dimensions of the chatbot with the satisfaction and loyalty perceived in consumers. In a world where these variables are key to business survival, chatbots represent an opportunity to create exceptional experiences. Uncover how cutting-edge AI chatbots are revolutionising customer satisfaction and loyalty in the competitive telephone service industry, offering transformative, personalised, and efficient interactions.

Product Market Competition, Mergers and Acquisitions, and Covenant Redesign

Abstract Industry competition shocks are major drivers of mergers and acquisitions (M&A). We document strong positive effects of competition shocks on M&A-related covenant redesign. Acquiring firms in high-competition environments are significantly more likely to undertake tender offer bond repurchases and reduce restrictions on mergers, investments, payouts, and financing, but increase change-in-control covenants. This effect is stronger for larger, more profitable firms. Moreover, announcement returns from M&A transactions of redesigning firms in more competitive settings are significantly higher, while acquisition deal premiums are lower. Our study shows the significant effect of industry competition shocks on debt recontracting in M&A. (JEL G32, G34)

Sustainability Indicators in the Integrated Management of Industries with Galvanic Activities

Growing concern for sustainability has driven industries, including the galvanic sector, to adopt more responsible practices due to their significant environmental and occupational impacts. This article discusses the importance of integrating quality, environmental, and occupational safety management (ISO 9001, 14001, and 45001) and highlights the need for specific indicators to measure sustainability in this sector. Using the Delphi technique, experts and workers from the galvanic industry identified and validated relevant performance indicators. The results improve management and performance, promoting the competitiveness and sustainability of the galvanic industry. The research identified 39 key indicators covering resource consumption, waste generation, occupational safety, governance, and quality. These indicators help companies monitor and enhance their socio-environmental performance, aligning with the Sustainable Development Goals (SDGs) and ESG (Environmental, Social, and Governance) practices.

The Role of Middle Management in Building Sustainability Competitive Advantage Through Organization Capability in District Hospitals Banyuwangi: Cross Level Analysis Approach

In the competitive healthcare industry, organizations, including hospitals, strive for sustainable advantages. Key to this is organizational capability, managing resources, processes, and innovation toward strategic goals. This study analyzes how middle management involvement affects these capabilities. Conducted in Banyuwangi's hospitals, it employed a descriptive cross-sectional method, using literature, observation, and questionnaires. Data analysis via SEM PLS showed middle management involvement and autonomy positively influence organizational capabilities. Competency intensity mediates this relationship. Organizational capabilities also positively impact sustainable competitive advantage. Inertial organizations mediate capabilities towards this advantage. These findings highlight the critical role of middle management in enhancing organizational capabilities for sustainable competitiveness in the healthcare sector.

Cost of debt financing, stock returns, and corporate strategic ESG disclosure: Evidence from China

AbstractWhether corporate strategic Environmental, Social, and Governance (ESG) disclosure can be effectively screened by external markets still needs more empirical support. Despite numerous studies confirming the positive impact of ESG, the issue of strategic ESG disclosure has yet to receive sufficient attention. This study examines the impact of ESG greenwashing on the cost of debt financing and stock returns using panel data of Chinese A‐share listed corporates from 2012 to 2021. The study finds that external markets fail to recognize ESG greenwashing in the short term, leading to a temporary reduction in the cost of debt financing and an increase in stock returns, but these effects are not lasting. Mechanism analysis shows that ESG greenwashing enhances corporate reputation and reduces the cost of debt financing through the reputation effect, stimulates investor sentiment, and improves stock returns through the sentiment effect. The study identifies management myopia, excessive power, financial distress, and information asymmetry as the main drivers. However, strong oversight by independent directors, involvement of Big Four audit firms, investor site visits, and high industry competition can mitigate these misleading effects. This research expands the understanding of the causes and economic consequences of corporate ESG greenwashing and provides empirical evidence for managing this phenomenon.

ARDAN RADIO BANDUNG DIVERSIFICATION IN FACING MEDIA INDUSTRY BUSINESS COMPETITION IN THE DIGITAL ERA

The Internet has an impact and has implications for conventional broadcast media. The internet has become a new market in the current competitive media industry and has also caused cultural changes in society in using media. This research tells about the main concern is the diversification carried out by Ardan Radio in facing an industry business media in the digital era. The research method used in this research is a qualitative method with a case study approach according to Creswell. The research results show that it can be concluded that the business carried out by Ardan Radio in facing media industry competition in the digital era is by diversifying through the Five-O business strategy which is adapted to the environment. Diversification is carried out by Ardan with the Five-O concept. Five-O is a business strategy used by Ardan Radio to reach both markets, namely conventional and digital.

PENGARUH GREEN MARKETING TERHADAP MINAT DAN KEPUTUSAN PEMBELIAN KONSUMEN PT. SINAR SOSRO TABANAN

Ecological problems due to the increasing volume of plastic waste are a global concern, with several Asian countries including Indonesia as the main contributor of plastic waste to the oceans. PT Sinar Sosro hopes that by implementing green marketing it can influence customer purchasing decisions which include customer confidence and confidence in the products purchased. This study aims to evaluate the impact of green marketing on consumer choice and purchase intention at PT Sinar Sosro Tabanan Branch Office. The type of research used is quantitative research. The research subjects were all consumers of PT Sinar Sosro Tabanan Head Office with samples taken using accidental sampling technique totaling 60 samples. Partial Least Square (PLS) was used as a data processing tool. The results found that environmentally friendly marketing has a positive and significant effect on purchase intention with a coefficient of 0.788, and a purchase decision coefficient of 0.646. Purchase intention is also shown to mediate the impact of green marketing on purchasing decisions with a partial effect. Good implementation of green marketing increases consumer purchasing decisions and purchase interest, and supports PT Sinar Sosro in maintaining market share in the midst of intense beverage industry competition.

Community Building in the Digital Age: Fostering Brand Loyalty

This study examines the interplay of brand loyalty, community building, digital engagement, and consumer engagement within PT. ISAM (Industri Susu Alam Murni), a dairy company. Using a quantitative research approach and Structural Equation Modeling (SEM) with Smart PLS as the analytical tool, data from 100 consumers were analyzed to assess direct and indirect effects among these variables. The findings reveal that while community building efforts showed no significant direct impact on brand loyalty, digital engagement significantly influences consumer engagement, which in turn positively affects brand loyalty. These results underscore the critical role of effective digital strategies in fostering consumer participation and advocacy, thereby enhancing brand loyalty in the competitive dairy industry landscape. The study contributes insights that can guide strategic decision-making and marketing efforts aimed at cultivating stronger brand-consumer relationships and improving market positioning for PT. ISAM and similar companies in the dairy sector.

Managerial myopia and corporate credit spreads

Using bond issuance data from listed companies, we demonstrate that firms with myopic management face substantially higher credit spreads, a pattern with both strong statistical and economic significance across multiple robustness checks. Myopic management tends to imprudently allocate longer-term funds to short-term projects, potentially prompting investors to demand higher credit premiums. The rise in credit spreads observed only in long-term bond issuances further reinforces our argument. Inefficient investment decisions made by myopic management, characterized by excessive short-term investments and insufficient long-term investments, may also account for elevated credit spreads. While effective corporate governance and enhanced external monitoring can help alleviate the adverse impacts of managerial myopia on corporate credit spreads, intensified industry competition and increased uncertainty may exacerbate these challenges. Encouragingly, the elevated credit spreads could prompt myopic management to adjust their business strategies, thereby mitigating the worsening economic consequences for the corporate.

Does the application of industrial robots promote export green transformation? Evidence from Chinese manufacturing enterprises

Green exports are key in propelling China's foreign trade toward high-quality development. Based on rigorous theoretical analysis, this article employs comprehensive data from the International Federation of Robotics (IFR) from 2006 to 2014, along with data from the China Customs and industrial enterprise databases, to evaluate the impact of industrial robot utilization on fostering the green transformation of exports. The results reveal that the application of industrial robots unequivocally contributes to advancing the eco-friendly transformation of exports. This conclusion withstands endogeneity and robustness tests. In particular, industrial robots directly promote the green transformation of exports and exert an indirect influence through technological and scale effects. Technological effects can be divided into technological progress and green production, while scale effects relate to enterprise size and industry competitiveness. In terms of heterogeneity, the promoting effect of industrial robot utilization on the green transformation of exports is more pronounced in foreign-funded enterprises, technology-intensive enterprises, and enterprises in the eastern region. To efficiently leverage policy effects and facilitate the green transformation of exports, this article suggests strengthening policy guidance, providing special funds, tax incentives, and rewards, enhancing enterprise research and development capabilities, and encouraging domestic and non-technology-intensive enterprises, and enterprises in the eastern region to utilize industrial robots.

The moderating role of corporate governance mechanism on the relationship between product market competition and earnings management: evidence from Bangladesh

ABSTRACT This article evaluates the moderating effects of corporate governance mechanisms on the relationship between earnings management and product market competition. Market concentration, as measured by the HHI has shown significantly negative association with accrual and real earnings management. In contrast, product market power, as measured by the industry size, demonstrates a significant positive association. The result further illustrates that the cost of industry entry significantly impacts accrual earnings management. The corporate governance mechanism (CGI) significantly decreases earnings manipulation. Moreover, the corporate governance mechanism (CGI) considerably moderates the association between market concentration, industry entry cost, and earnings management. Compared to high and low-competitive industries, the impact of market competition on earnings management in moderately competitive industries is more significant. After establishing the Bangladesh Competition Commission, product market competition has shown more impact on earnings management. This research is the initial attempt to examine the moderating effect of corporate governance mechanisms on the relationship between product market competition and earnings management from the perspective of Bangladesh.

Assessing the Impact of Talent Management Practices on Employee Retention in Aligarh's IT Industry

Talent management has become increasingly critical for organizations to attract and retain high-performing employees, especially in competitive industries such as information technology (IT). This study aims to assess the impact of talent management practices on employee retention in the IT industry in Aligarh, India. A quantitative research approach was employed, with data collected through a survey of 342 IT professionals working in Aligarh. Factor analysis and multiple regression were used to analyze the data. The findings reveal that talent management practices such as employee development, career management, compensation and rewards, and work-life balance have a significant positive impact on employee retention. Performance management was not found to have a significant relationship with retention. The results suggest that IT companies in Aligarh should focus on implementing effective talent management strategies to improve employee retention and gain a competitive advantage. This research contributes to the literature by providing empirical evidence on the role of talent management in retaining employees in the IT domain in an Indian context.

Strategic cooperation of high tech companies of China and Russia

The sanctions imposed on the Russian economics in 2022 by a number of countries created an external shock for many industries in Russia with the strongest impact on the enterprises of high tech industries. At the same time, there is an emerging potential for cooperation between Russian and Chinese manufacturers which is forming new strategies of development of Russian high tech enterprises. In order to evaluate the prospects and trends of development of Chinese high tech industry in this context, the authors applied methods of economic analysis including the correlation analysis. Factors, determining potential of cooperation between Russia and China in this sphere, were systematized on the basis of the methodology of strategizing by Professor Vladimir L. Kvint.It has been stated that Chinese manufacturers are able to replace either partially or completely European and American suppliers in a number of high tech industries: innovative components and equipment for engineering, semiconductors and chips, telecommunications equipment and components. It has been discovered that the number of registered patents and the number of researchers involved in RD in China have a significant correlation with the growth of export of high tech products of China. Further growth will be able to ensure the expansion of technology and knowledge exports from China to Russia.Thus, it can be stated for sure that there are perspective industries and fields of Russia-China cooperation in high tech industry. The sphere of cooperation which can become the basis for the strategy of development of Russian high tech manufacturers is scientific and patent cooperation with Chinese organizations. The authors have also discovered limitations in this cooperation: there is a threat of imposing international sanctions on Chinese manufacturers; Chinese enterprises are working at a high level of workload in the context of the global economic recovery after the coronavirus pandemic; decrease of competitiveness of Russian high tech industry has a negative impact on the expected benefits from the cooperation between the countries. These strategic threats can be overcome with the help of a well-grounded foreign economic strategy developed by Russian and Chinese authorities.

The Moderated Mediation of Product Innovation and New Product Development in Relationship Between Organizational Learning and Marketing Capability, in Community Enterprise Management of Khid Clothing: Upper Northeastern of Thailand

Objective: The purpose of this research was to analyze the impact of the organizational learning (OL) on marketing capability (MC), the mediating of product innovation on the relationship between OL and MC, and the moderated mediation of product innovation and new product development in the relationship between OL and MC in community enterprise of Khid clothing in Thailand. Theoretical Framework: The theoretical framework for this research provides a comprehensive understanding of the interplay between organizational learning, product innovation, new product development and marketing capability within the context of community enterprises. Method: This report is a part of a larger exploratory study. Information was gathered from 389 people involved in silk-weaving cooperatives in the provinces of UdonThani and Nong Bua Lamphu through the use of questionnaires. Results and Discussion: The data demonstrates a link between strategic organizational learning and competitive advantage. Product innovation and the knowledge gained by an organization about how the market works go hand in hand. Lastly, the impact of product innovation on the link between organizational learning and market capability was tempered by the introduction of a new product. Research Implications: For Khid Clothing, integrating these theoretical perspectives can provide a comprehensive strategy for sustained growth and competitive advantage. The interplay between organizational learning, product innovation, new product development, and marketing capabilities creates a robust framework for the company to thrive in the competitive fashion industry. Originality/Value: The theoretical contributions of organizational learning, product innovation, new product development, and marketing capabilities provide Khid Clothing with a comprehensive approach to enhance its competitive edge, adapt to market changes, and achieve long-term success. By leveraging these theories, Khid Clothing can strategically position itself in the fashion industry, meet evolving customer demands, and drive sustainable growth.

Dynamic competition in the digital darwinism: focal firms responding to competitors’ digital transformation

ABSTRACT The fierce dynamic competition in the digital age has led to digital Darwinism. Under pressure from the digital transformation of their competitors, focal firms must adjust their situation to cope with digital Darwinism. Based on the awareness-motivation-capability (AMC) framework, this study uses Chinese high-tech enterprises listed from 2012 to 2022 as the research sample. Results show that the digital transformation of the competitors and the motivation of the focal firms (competitive industry environment) significantly promote the digital transformation of the focal firms, whereas the awareness (relative scale) and ability (financing constraints) of the focal firms have the opposite effect. This research contributes to investigations on the mechanisms of the digital transformation of counter pairs within the industry by using the AMC framework.

Technical Note: Dynamic Duopolistic Competition with Sticky Prices

Steven Heston of the R.H. Smith School of Business at the University of Maryland, College Park, and Bo Hu of the Costello College of Business, George Mason University, resolve a puzzle about industrial competition in “Dynamic Duopolistic Competition with Sticky Prices.” Previous papers analyze the effect of frictions on competition in continuous time, such as sticky prices or transactions costs. Those papers conclude that miniscule frictions have a large impact on market prices and quantities. However, Heston and Hu show that these conclusions are an artifact of the continuous-time math. Heston and Hu use discrete-time models to analyze the effect of frictions that are small per unit of time. These models show the effect of small frictions is small.

Pengaruh Brand Ambassador dan Kualitas Produk Terhadap Niat Beli Produk Scarlett di Shopee

In the modern era, human needs for health and beauty continue to rise rapidly, driving fierce market competition in the beauty industry. Marketers must also innovate and deliver creative and exciting products to compete with local and foreign products. The first step in caring for the skin's health and appearance is to use skin care products. Scarlett Whitening has become a popular choice among consumers with its good reputation. This research and data on the number of customers of Scarlett whitening at Shopee suggests that brand ambassadors play a crucial role in increasing product sales and consumer confidence. In addition, the brand embassy positively affects consumer interest in purchasing Scarlett products at Shopee. Beauty product sellers preferably apply this strategy to increase sales and their market share.