Indian Institute of Management Bangalore

About: Indian Institute of Management Bangalore is a education organization based out in Bengaluru, Karnataka, India. It is known for research contribution in the topics: Emerging markets & Corporate governance. The organization has 491 authors who have published 1254 publications receiving 23853 citations. The organization is also known as: IIMB.

How Much Demand Should Be Fulfilled

Abstract: We study the inventory replenishment of a product whose demand can be manipulated by restricting the supply. This research is motivated by a novel marketing tactic employed by manufacturers of fashion and luxury items. Such a tactic combines innovative marketing with deliberate understocking in an attempt to create shortages (i.e., waitlists) that add to the allure and sense of exclusivity of a product and stimulate its demand. We model the problem as a finite-horizon, periodic-review system where demand in each period is a decreasing function of the net ending inventory in the previous period. Although the optimal structure can be complex in general, under certain conditions we are able to characterize the optimal policy as a state-dependent, monotone, base-stock policy. We compare this policy with the optimal policy for the case in which demand is independent of the net inventory. We also show that understocking is optimal in various scenarios. We then propose a novel strategy, called the inventory-withholding strategy, to further explore the wait-list effect by making customers wait even when there is inventory on hand to satisfy them. Our numerical experiments study the impact of various model parameters in combination with the wait-list effect on the optimal policy and the corresponding expected profits.

Cultural Metaphors as Frames of Reference for Nations: A Six-Country Study

Abstract: A cultural metaphor is a major phenomenon, institution, or activity in a nation with which most citizens identify cognitively or emotionally and through which it is possible to describe the national culture and its frame of reference in depth, for example, the Japanese garden (Gannon 2004). Cultural metaphors for six nations are analyzed two nations at a time. Three questionnaires based on the cultural metaphors for two nations at a time were developed so that each of the three pairs of two nations could be analyzed and compared separately. These questionnaire items were derived from the descriptions provided by Gannon (2004). Respondents were 664 college students, in accordance with Smith and Schwartz’ 1997 argument that teachers and students represent the best populations for analyzing cultural values. Results strongly support the concept of the cultural metaphor as a frame of reference.

Climate action in Indian cities: an emerging new research area

Abstract: India is the fourth largest emitter of greenhouse gases globally, following China, the United States, and the European Union. Although India still has a low per capita carbon level, due to its large population and growing economy, its share of global greenhouse gas emissions is rising. India is, thus, a particularly important country to examine in relation to climate change. This article investigates one particular aspect of India’s climate policy: the role its cities play within its multi-tiered climate governance system. India is still a predominantly agricultural society with two-thirds of its population (about 850 million people) living in rural areas. Urbanization is, however, progressing; estimates are that India will add over 400 million urban dwellers between 2014 and 2050 bringing the urban population to over 800 million (United Nations, Department of Economic and Social Affairs, Population Division 2014). This article aims to shed light on the challenges, capabilities and limitations of India’s urban areas to deal with mitigating climate change. It complements the other articles in this special issue which focus on subnational state and provincial level climate policy. It takes as its starting point the academic multi-level climate governance debate and also looks at the role the co-benefit concept plays at the urban level. The article highlights key actors, drivers, and institutions of city climate action and considers how local climate policy and programs are enabled and constrained by India’s federal political system. Finally, the role of international city partnerships in supporting climate activities is considered. To explore the conditions shaping climate action in India’s cities this article builds on a literature review and discussions held at an Indian-German expert meeting which took place in Bangalore in April 2015.

The Case for Gender Equity in Health Research

Abstract: Attention to health equity on the basis of economic class, caste or race has not spilled over to an effective consideration ofgender. Yet, social bias not only heavily influences health outcomes between women and men, it also affects our very understanding of biological differences with implications for understanding gender equity. Hence, when considering biological differences or special gender needs, it is necessary to be aware that biological 'givens' can also mask social norms that sanction discrimination and perpetuate health inequities. It is, therefore, particularly crucial to understand the nuances found in a gender and health equity approach and the consequences of not taking gender seriously in health research. These include the neglect of certain areas through resounding silences, the existence of misdirected or partial approaches, and the poor recognition of interactive pathways in terms of co-morbidity and multi ple social processes. After detailing this background we review the literature on...

Entrepreneurial ecosystem in India: Taking stock and looking ahead

Abstract: This round table article takes stock of the Indian startup ecosystem against the backdrop of its meteoric rise in recent years. The discussion identifies several positive aspects of the ecosystem—a plethora of opportunities to explore, availability of ample venture funding, and a young, educated workforce. However, in order to live up to its promise, the ecosystem needs to focus on value creation as opposed to valuation, educate its young entrepreneurs, and develop tolerance for well-intentioned failure. It also needs to solve the unique problems of India and ensure that the startup movement is inclusive.