IE University

About: IE University is a education organization based out in Segovia, Castilla y León, Spain. It is known for research contribution in the topics: Corporate governance & Supply chain. The organization has 527 authors who have published 1709 publications receiving 64682 citations.

Anchors in Rough Seas: Understanding Category Spanning as a Source of Market Coordination

Abstract: Prior research has deemed products that span market categories a source of cognitive and institutional disruption. Portraying spanning products as purely disruptive elements, however, does not consider their large presence in markets and, consequently, the fact that producers and consumers continue to coordinate their activities on established categories despite pervasive spanning. Our paper addresses this gap by focusing on commercial success as an important condition under which spanning products, rather than being a source of disruption, sustain market coordination. From the producer side, an increasing number of commercially successful products spanning a focal category stimulates mimicry. From the consumer side, this mimicry, net of the overall level of spanning observed in the category, improves consensus. We test these arguments by focusing on the styles that map electronic music as the established categories of a market. Empirical analyses lend support to our hypotheses.

Factors Contributing to Popularity of Loyalty Programs: Evidence From Emerging Markets

Abstract: Using secondary data from multiple sources, this study empirically examines the factors that contribute to the popularity of loyalty programs in the airline and hotel industries in the context of e...

Developing a Framework for the Assessment of eGovernment Initiatives

Abstract: The area of egovernment has received increased attention over the last few years. Much of this interest is derived from growth and development of electronic commerce. In spite of the current developments many avenues in the area of egovernment remain unexplored. One such area encompasses the determination of the value derived from the implementation of egovernment projects through comprehensive assessment. Assessment of Information Technology initiatives is conducted either as an ex-ante or ex-post procedure. In this study, we present an ex-post framework for the assessment of egovernment projects. Assessment is defined in terms of identifying the value of the egovernment project post implementation. We use the socio-technical model to create a three dimensional framework for the assessment of value of an egovernment initiative. The three dimensions presented are egovernment maturity level; stakeholders and assessment levels. Ultimately, this framework can be used as a tool locally, regionally and internationally to understand the true value that an egovernment initiative presents to its constituents.

Competition and Market Concentration in the Municipal Bond Market

Abstract: Lack of competition among the underwriters of municipal bonds increases the borrowing costs of local municipalities. I find that the proportion of municipal bonds sold in competitive sales in the state has an economically significant effect on several measures of competitiveness. Competitive sales increase the number of active underwriters in the state and substantially decrease the concentration in the market for underwriting services for municipal bonds. I also find that state restrictions on the negotiated sale of municipal bonds can materially decrease market concentration. Market concentration has increased considerably over time, but only negotiated deals have contributed to greater concentration.