This paper focuses on university-industry relationships, and the value in such linkages that motivates firms to choose a particular mode to acquire university-generated research output. We combined insights from literature review and 15 exploratory interviews of multiple stakeholders, and developed a framework to examine university-industry linkages. We grounded our framework on the social exchange theory (SET) and quadruple helix concept. It proposes university climate readiness (e.g. incentive system), firm climate readiness (e.g. managers' attitude toward academic research), and exchange readiness (e.g. a firm's absorptive capacity) as antecedents to science-business collaboration, coupled with environmental readiness factors (e.g. unique socio-cultural setting in developing economies) as moderating variables. The framework highlights (1) functional value (i.e. technology pricing, quality, and applicability) and (2) relational value (i.e. trust between academia and industry) in the said relationship. The framework further provides a basis for practitioners to arrive at a suitable university-developed technology transfer mode (e.g. patent licensing, research services, and research partnerships). © 2022 World Scientific Publishing Company.

Climate change is a major risk for the global economy. Increased frequency of climatic events coupled with unsustainable economic development without considering environmental & social aspects has resulted in runaway climatic impacts. It became evident for all stakeholders to work in unison; which led to formation of Task force on climate-related financial disclosures (TCFD). Financial quantification of climate risk is a new area to be explored & could be an effective measure to tackle climate change. This chapter provides a general approach for financial quantification of climate change risk for businesses to understand & prioritize climate action. Though the approach is limited to the manufacturing sector, it can be used with some modifications for other sectors. It will help find impacts that climate change could pose to supply chain using various tools & evaluation of its usefulness. As ‘Climate Action’ is part of Sustainable Development Goals; it will be useful to understand how integrating TCFD could help enterprises tackle climate change by localizing SDG-13 into their businesses. © 2022 by IGI Global. All rights reserved.

This paper introduces a new methodology for solving multi-attribute decision making (MADM) problems under hesitant fuzzy environment. The uncertainty in hesitant fuzzy elements (HFE) is derived by means of entropy. The resulting uncertainty is subsequently used in HFE to derive a single representative value (RV) of alternatives in each attribute. Our work transforms the RVs into their linguistic counterparts and then formulates a methodology for pairwise comparison of the alternatives via their linguistically defines RVs. The Eigen vector corresponding to maximum Eigen value of the pairwise comparison matrix prioritizes the alternatives in each attribute. The priority vectors of the alternatives are aggregated to derive the weights of the attributes using Quadratic programming. The weighted aggregation of the attribute values provides the ranking of the alternatives in MADM. An algorithm is written to validate the procedure developed. The proposed methodology is compared with similar existing methods, and the advantages of our method are presented. The robustness of our methodology is demonstrated through sensitivity analysis. To highlight the procedure, a car purchasing problem is illustrated. © 2022, The Author(s), under exclusive licence to Springer-Verlag GmbH Germany, part of Springer Nature.

Objective: Lack of communication begets distress in patients and often hampers patient care. This study aims to assess the effect of communication on psychological distress among patients with Oral Cancer (OC) and Oral Potentially Malignant Disorder (OPMD). Methods: This is a prospective single-arm study wherein the psychological burden in terms of depression, anxiety, and stress was evaluated in 120 patients through Beck's anxiety inventory, Beck's depression inventory, and perceived stress scale respectively when they were diagnosed with OPMD or OC. All patients were then communicated and informed about their disease through an audiovisual mode and their queries were resolved. Their psychological status was re-evaluated 15 min after this communication. Results: Wilcoxon signed ranks test revealed a statistically significant decline in the scores of each domain for both OC and OPMD post communication. When OC and OPMD were compared, a statistically significant difference was observed for only depression and anxiety domains. Conclusion: Audiovisual communication by healthcare professionals reduces the psychological burden of patients and is immensely useful in providing tailored information to the patients and their families. It is recommended to initiate such communication set ups at the waiting area of all outpatient departments as a good practice, where detailed tailored information can be provided to the patients. Practice implications: The intervention used in this study was not time-consuming and expensive, and can be used by the clinicians or health professional in their clinical practice to improve upon their treatment outcome. However, it should not be considered as a substitute to treatment. © 2022 Craniofacial Research Foundation

Considering the coexistence of food insecurity and food waste issues in the society, in collaboration with an NPO in India, we develop a novel donor-beneficiary strategic assignment model to connect the students of a set of volunteering schools with a set of habitats having under-nourished children up to 14 years of age, via a social-awareness-raising long-term endeavour. Our two-stage stochastic programming model – by addressing the demand and supply uncertainties using discrete scenarios – determines optimal strategic connections to minimise the associated connection-establishment cost as well as the expected shortage cost at the habitats due to unmet demand. We present a small but realistic test case, conduct a sensitivity analysis to illustrate the underlying trade-offs among various components, and highlight how the decision-maker can adjust system-flexibility by altering certain model parameters. Copyright © 2022 Inderscience Enterprises Ltd.

We investigate the impact of trilemma energy balance and clean energy transitions on economic expansion and environmental sustainability while moderating the role of clean energy and natural resources rents of the three trilemma leaders from 1990 to 2016. Through this study, we have developed a comprehensive empirical analysis, applied advanced econometric methodologies. Westerlund's panel co-integration suggests long-run relationships within the variables. Our long-run random effect generalized least squares (GLS), generalized least square mixed effect models (GLMM), and robust correlated panel corrected standard errors (PCSEs) findings indicate trilemma energy balance, clean energy transition, and natural resource depletion enhance economic growth while clean energy discourages this growth. Moreover, trilemma energy balance, clean energy transitions, and clean energy improve while natural resources depletion deteriorates environmental sustainability in the trilemma energy leadership. Increasing the trilemma energy balance by 1% boosts economic growth by 0.3874223%. By increasing the trilemma energy balance by 1%, the ecological footprint is reduced by ?0.5901441%. A 1% acceleration in the clean energy transitions boosts economic growth by 0.1208461%. By accelerating the transition to clean energy by 1%, the environmental footprint would decrease by 0.0273685%. Crucial policy implications and study limitations are discussed. © 2022 Elsevier Ltd

This study proposes a taxonomy for asset management companies to facilitate conceptualization, classification, and measurement. Accordingly, the study qualitatively analyzes variations in the types of assets transferred to asset management companies, the transfer pricing mechanism, and the extent of risk conveyance. The study uses a cross-country setting to analyze differences in corporate structure, resolution mandate, capital structure, and legal status of asset management companies. Through country-specific case illustrations, the study discusses the merits and demerits of different classification features. The study develops a list of feasible design feature combinations for an asset management company. © 2021, The Author(s), under exclusive licence to Springer Nature Limited.

Online hacker communities are meeting spots for aspiring and seasoned cybercriminals where they engage in technical discussions, share exploits and relevant hacking tools to be used in launching cyber-attacks on business organizations. Sometimes, the affected organizations can detect these attacks in advance, with the help of cyber-threat intelligence derived from the explicit and implicit features of hacker communication in these forums. Herein, we proposed a novel text-mining based cyber-risk assessment and mitigation framework, which performs the following critical tasks. (i) Cyber-risk Assessment - to identify hacker expertise (i.e., newbie, beginner, intermediate, and advanced) using explicit and implicit features applying various classification algorithms. Among these features, cybersecurity keywords, sharing of attachments, and sentiments emerged as significant. Further, we found that expert hackers demonstrate leadership in the online forums that eventually serve as communities of practice. Consequently, novice hackers gradually develop their cyber-attack skills through prolonged observations, interactions, and external influences in this social learning process. (ii) Cyber-risk mitigation – computes financial impact for every {hacker expertise, attack-type} combination, and then by ranking them on a {likelihood, impact} decision-matrix to prioritize mitigation strategies in affected organizations. Through these novel recommendations, our framework can guide managers to decide on appropriate cybersecurity controls using an {expected loss, probability, attack-type, hacker expertise} metric against financial losses due to cyber-attacks. © 2021 Elsevier B.V.

The intersection of program management and acquisition research remains undeveloped. Within both research domains there is limited recognition of how senior and project managers frame change and influence the meaning construction of others in complex and ambiguous situations. We investigate how sensemaking and sensegiving alternate within an acquisition program during ten Indian acquisitions. Our resulting model highlights how sensemaking and sensegiving interface and blend across different projects (e.g., functional or task-based) to build shared meaning and maintain business continuity. Viewing acquisitions as programs, consisting of interrelated projects, disentangles how senior managers create shared meaning. Additional implications for research and management practice are identified. © 2022

Purpose: The paper makes an endeavour to explore the efficacy of service learning (SL) pedagogy in inculcating the value of diversity, equity and inclusion (DEI) with a focus on management education in India. Design/methodology/approach: The research methodology comprises a systematic survey of select relevant literature on SL and applying a novel approach to bring out certain key traits of SL initiatives. The paper also tries to decipher how the identified key traits could be regarded as contributing to the ethos of DEI among the learners. Based on insights from the systematic literature review and identified research gaps, an in-depth study of three SL initiatives in India, have been undertaken to demonstrate how implementation of the SL pedagogy in management education creates an impact on the attributes of DEI and inculcates an inclusive mindset. Findings: Although the design, process and learning outcomes of SL pedagogy varies depending on the context, there is commonality in the core attributes that emerges from the literature review which has a potential impact on inculcation of the values of inclusion and appreciation of diversity. The select case studies successfully expand on the list of these identified relevant attributes. The findings have also been corroborated by participants' reflection. Research limitations/implications: The paper is, however, limited in its scope of assessing the impact in creating an inclusive mindset. To gauge whether such impact is pervasive and persists in the long run, one needs to examine if these values are carried forward by the participants in their professional and daily life. It would, therefore, be more meaningful to carry out a primary survey of the participants, who took part in such SL initiatives, to understand whether the values have really been assimilated in the real life. This is outside the scope of this paper but does open the scope for further research. Practical implications: The paper would be highly relevant for the accreditation agencies who are increasingly prescribing the role that business schools can and should play towards inculcating the ethos of diversity and inclusion among future business leaders and managers. For the administrators of business schools and other higher education institutions who may be considering how to incorporate the ethos of diversity and inclusion in the curriculum and pedagogy, the paper will provide some direction through the SL route. The detailed exposition of the three SL initiatives will enlighten the administrators or the faculty responsible for designing and delivering any SL programme in other business schools or higher educational institutions as to how to go about developing and delivering such an initiative. To the extent such SL initiatives succeed in leaving a lasting impact on the participants regarding ethos of inclusion and diversity, the business implications in the long run could be immense. Social implications: The purpose of the paper by itself establishes its social relevance. The very fact that the paper is focused on SL initiatives that involve social problem-solving approaches through hands-on working on social projects and working with communities the social implications are rather obvious. Originality/value: Given the paucity of information and analysis on potential fit of SL for fostering DEI especially in developing countries, the present paper contributes to the existing body of literature and aptly fills the void. It builds a theoretical construct relating SL with the traits of DEI and then bridges theory and practice by demonstrating the efficacy of three SL programmes in Indian context to internalise the elements of DEI. © 2021, Emerald Publishing Limited.

An outranking procedure for Multi-Attribute Decision-Making (MADM) problems is introduced in our work that acts as a decision-aid in recommending the products to the buyers. The buyer's product assessment is taken as Interval-Valued Intuitionistic Fuzzy Sets (IVIFS) in each attribute. The confidence level that is implicit in the buyer's product rating is explicated in the proposed work using fuzzy entropy. As the confidence level of the buyer on the product assessment is for both satisfaction and reluctance, it is suitably distributed in membership and non-membership parts of IVIFS. Our work generates a dominance matrix that represents partial or full dominance of one product over another after scoring the products that are unified with buyer's confidence. The proposed work suggests the product ranking after ascertaining the buyer's flexibility. An algorithm is written in our work to validate the procedure developed. We have compared our work with other similar works to highlight the benefits of the proposed work. A numerical example is illustrated to highlight the procedure developed. © 2022 - IOS Press. All rights reserved.

This study investigates whether gold, USD, and Bitcoin are hedge and safe haven assets against stock and if they are useful in diversifying downside risk for international stock markets. We propose a combined GO-GARCH-EVT-copula approach to examine the hedge and safe haven properties of gold, USD, and Bitcoin. We then examine the attractiveness of these assets in reducing stock portfolio risk by using downside risk measures estimated by the proposed approach and other competing models. We also evaluate the relative performance of the proposed model in reducing downside risk with the competing models. The findings of the study indicate that the USD is the most valuable hedge and safe haven asset closely followed by gold, while Bitcoin is the least valuable. It is also observed that the proposed combined approach performs best in reducing the portfolio downside risk. The findings of this study are of significance for portfolio managers and individual investors who wish to protect the portfolio value during market turmoil. © 2022 University of New Orleans.

The RoI of the human capital—the most important asset of organizations—depends primarily on the life quality of the individuals, represented by their performance levels, motivation towards work, and work-life balance. The advancement of fast and competitive business world accompanies increased working hours, which stress the employees further. To remain competitive, companies try to maximize the productivity of employees through recreational and wellness programs, which require high initial investment and significant costs to maintain. Thus, it is essential to assess their adequacy, effectiveness, and their actual role in the life quality of employees. Extant literature focuses on positive effects of the recreational programs, but the actual benefits accrued to the final customers (employees) remain doubtful. Through this study on Indian IT industry, the author assesses the effectiveness of these programs using four indicators. The results expose the inadequacies, emphasizing the need for flexible approach in designing such programs. © 2022, The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd.

This paper explores the economic consequences of non-pharmaceutical government intervention to curb disease spread on Indian commodity-level exports. This is the first study to assess the export implications of the pandemic using a panel linear as well as a novel non-linear ARDL framework. Our results show that pandemic-related stringencies have a positive effect on Indian exports in the long-run. This result holds valid for domestic as well export destination countries? stringencies. However, our evidence suggests that reducing stringencies has a more dominating effect on Indian exports than tightening of stringencies. Also, stringencies and uncertainty impact exports adversely in the short-run. Furthermore, pandemic-related financial uncertainty is found to have a dampening effect on exporting. Our results also show a significant asymmetric impact of policy responses on exports, especially for agriculture and manufacturing commodities, while mineral products are relatively less impacted. © 2022 Informa UK Limited, trading as Taylor & Francis Group.

Purpose: This paper aims to understand the reported awareness and response of Indian corporates to climate change and explores how and why the approaches vary with ownership and industry types. The paper also evaluates whether companies' financial and climate performances are correlated. Design/methodology/approach: The authors collected data from the sustainability/integrated reports, websites and carbon disclosure project (CDP) responses of top-60 companies from the 2019 Fortune India 500 list against 52 indicators designed for the purpose. Descriptive statistics, ANOVA analyses, exploratory factor analysis (EFA) and linear correlations of climate responses with annual revenue and profitability were carried out. Findings: Private sector firms outperform public sector companies, and manufacturing industries surpass services industries. Organizations disclosing to CDP and detailing United Nations Sustainable Development Goals (UN SDGs) and SDG-13 in their reports score significantly higher (at 5%) than their counterparts. The number of positive responses is positively correlated to the revenue and profitability of the companies. EFA indicated the presence of two underlying factors responsible for the observed variances. Practical implications: Businesses constitute an essential driver of growth in large economies and hence are critical for addressing the issue of climate change. The study underlines the role played by the private sector in mitigating climate change and its impacts. Originality/value: This is among the first studies that comprehensively evaluate the climate responses of Indian corporates. The current study is also among the foremost studies in the Indian context that identify the underlying factors behind the observed variances and explore correlations between financial and climate performances. © 2022, Emerald Publishing Limited.

This research aims to aid original equipment manufacturers (OEMs) to model, analyze, evaluate, and benchmark potential design and manufacturing suppliers based on respective product engineering teams’ efficiencies. The product engineering efficiency in this study is modeled in terms of product engineering-related attributes such as commercial lead time, number of parts, number of green features, number of end products developed, and so forth. Essentially, these parameters capture more complex interactions than simple traditional supplier selection criteria such as cost, quality, delivery, and flexibility. Due to the presence of information uncertainty in terms of bounds related to the suppliers’ related parameters, a number of data envelopment analysis (DEA) efficiency measurement models have been deployed. The proposed decision support system is novel because it models both the self-assessment type and cross-efficiency type using DEA such that maximum discrimination can be achieved amongst suppliers in the presence of interval data. The study is demonstrated for ten different sheet-metal cabin suppliers. Comparison with some well-known, relevant methods is also carried out to illustrate the validity of the proposed method. The research can specifically help supply chain managers to align the evaluation of potential suppliers with their firm's commercial considerations in the presence of information uncertainty. © 2022 Informa UK Limited, trading as Taylor & Francis Group.

This paper examines the implications of short-sale constraints, limits to arbitrage, and behavioral biases on the FEARS sentiment and stock returns asymmetric relationship. Our results indicate a strong negative relationship between FEARS sentiment and stock return. Our findings show that short-sell and arbitrage constraint attenuates the potential impact of sentiment on return behavior. We find that the FEARS sentiment influences behavioral biases and the trading activity of market participants. © 2022 Taylor & Francis Group, LLC.

The Base of Pyramid (BoP) narrative has been dominated by the consumption perspective, as compared to producers’ perspective. The literature on the constraints faced by BoP producers in such resource-constrained environments remains scattered and fragmented. This paper, therefore, systematically reviews and integrates previous studies dealing with constraints of the base of the pyramid producers. Synthesizing various strands of literature, we suggest eight propositions related to BoP producers’ constraints. We also provide an extended typology of constraints faced by BoP producers. The psycho-social constraints, organizational constraints and institutional constraints are three constituent categories of this extended typology. Drawing from the marketing system view, the article also provides a conceptual framework for advancing a multi-level, recursively related and process-based understanding of these constraints. The article also provides useful directions for future enquiry and explicates several implications for researchers, managers and policymakers. © 2021

This article casts in high relief the paradigmatic rigidity in strategy research by highlighting the underlying philosophical assumptions (ontological, epistemological, methodological), their advantages, and their limitations. The article discusses four philosophical paradigms that underpin strategy research. While positivism and constructivism are the dominant paradigms, critical realism and pragmatism as relevant philosophical perspectives are also discussed. Using entrepreneurial opportunity as an exemplar, the article explains how philosophical assumptions inform the researchers’ worldview and guide research within a paradigm. The article contends that paradigmatic dogmatism is undesirable in any discipline, more so in a relatively young discipline such as strategic management. Rather than adhering to and nestling inside a single metatheoretical paradigm, the article calls for a more reflexive philosophical approach in strategy research to gain fresh perspectives. © 2022, The Author(s), under exclusive licence to Springer Nature Switzerland AG.