Indian Institute of Management Tiruchirappalli

About: Indian Institute of Management Tiruchirappalli is a education organization based out in Tiruchchirappalli, India. It is known for research contribution in the topics: Emerging markets & Context (language use). The organization has 47 authors who have published 105 publications receiving 1694 citations. The organization is also known as: IIM Trichy.

Intellectual Property Policy Strategies for Sustainable Manufacturing in India

Abstract: Sustainability has become the buzzword in recent times. While manufacturing leads to considerable advantages like contributing to the GDP, providing goods and services for consumer, and generating employment opportunities, it is also contributing to the detriment of the environment and the natural resources, which run counter to the philosophy of sustainability. In order to achieve sustainability in manufacturing, substantial investments have to be made towards innovation, which can be protected under the intellectual property regime. But the IP rights prevent others from copying the technology, which is antithesis to the concept of sustainable manufacturing. Companies need to be aware of the IP policy of India, which facilitates the protection of environment and the natural resources. Also, India as a country needs to relook at the IP strategies available to ensure that it has sufficient access to technology, which can help in the proliferation of sustainable manufacturing technologies. This chapter provides for two levels of strategies, both relating to IP rights, which can be adopted by India, in order to achieve sustainable manufacturing in the country. The first level is the IP policy strategies that can be adopted by India, in light of the international treaties like TRIPS, the WTO system, as well as other treaties, conventions and protocols. The second level is the IP strategies that can be adopted by the non-governmental sector including the private commercial sector as well as the academic sector (both public funded as well as private funded). While the former analyses the TRIPS agreement and tries to understand how the objectives stipulated therein have been captured by the Indian IP legislations, the latter looked at strategies like investing towards R&D, licensing of technology, patent pools and copyright collectives, open source and open innovations, and also government initiatives that could ensure the implementation of sustainable manufacturing technology in India.

Institutional Development and Business Group Affiliation Value: Theory and Evidence

Abstract: In this paper, we attempt to understand whether business group affiliation continues to create value with improvements in institutional environment, especially with increased product market competition. This question comes at a time when there is growing awareness that business groups dominate product markets even in developed economies (Boutin et al., 2013) and their existence is not limited to poor institutional environments (Khanna and Palepu, 2000). Such evidence calls for revisiting the Institutional Voids theory that attributes business group dominance to lack of institutional development. Our paper aims to extend this stream of the literature by focusing on how business groups respond to institutional development. The question that is still wide open is how business groups transform their structure and continue to dominate the corporate landscape. Given that most of the emerging economies are going through significant institutional development and domestic business groups are transforming into global leaders, a deeper understanding of the business group model dominance and corresponding consumer welfare is much needed. We develop a simple theoretical model and set up a novel empirical methodology to examine this issue. Using Indian data of around 36,500 firm year observations spanning 23 years (1990-2012), we find that 1) Business group affiliation continues to create value against standalone firms even with institutional development. However, affiliation gains are relatively lower in the post-reform regime. 2) Business groups that expand through horizontal integration lose market value in the post-reform regime. This result is consistent with our theoretical model. 3) In the post-reform regime, vertical integration increases business group affiliation value only when business groups have deep pockets. This is consistent with Boutin et.al. (2013). In other words, deep pockets are required more when competition is high and not when it is low as predicted by the Institutional Voids Hypothesis. Our overall results suggests that, as markets develop, business group expansion strategy and their capacity to fund from their deep pockets become more critical for their sustainability. Our results highlight the need to look beyond Institutional Voids theory for existence of business groups.

Staff Allocation for Projects in IT Service Industries: A Simulation-Based Approach

Abstract: Finding and retaining the right team is the most important aspect of successful resource management. Something that is equivalently important, especially in the context of Information Technology (IT)-based service industries, is the effective allocation of the staff to the available projects. However, managers often allocate resources based on the current situation without adopting a carefully thought-out process. This chapter highlights the various challenges in allocating staff for projects in service industries and presents a possible simulation-based approach for better allocation of resources, considering various aspects like the project type, frequency, capability, employee levels and the typical time spent by them on projects. An illustration of the proposed approach is presented using a case study, followed by the practical implications.

Ambidexterity in CHRO Roles: Balancing Exploitative with Explorative Roles:

Abstract: In the volatile, uncertain, complex and ambiguous (VUCA) environment, Chief Human Resource Officers (CHROs) have a critical role to play in order to ensure that organisations have necessary...

Are Positive People More Flexible in Cognitive Processing? Addressing the Conceptual and Empirical Inconclusiveness

Abstract: The purpose of this study is to address the conceptual and empirical inconclusiveness concerning the exact function of positive emotions on cognitive processing. Research exploring the association between emotions and cognition shows inconclusiveness. One group of scholars (Fredrickson, Am Psychol 56:218–226, 2001) advocate the association between global/local bias and positive/negative emotion in cognitive processing. Another group (Baumann and Kuhl, Motiv Emotion 29:123–134, 2005) associates emotions with cognitive flexibility. The present study addresses this inconclusiveness by examining both global/local bias and cognitive flexibility on a global-local flexibility task (GLFT), adapted from a global-local task paradigm (Kimchi and Palmer, J Exp Psychol: Hum Percep Perform 8(4):521–535, 1982). GLFT measures and compares the impact of positive emotions on both cognitive phenomena of concern, on a common platform. Findings of an experimental study show the dominance of global processing, rejecting the association of positive/negative emotions with global/local bias. Further, the findings show that positive emotions result in greater cognitive flexibility than negative emotions. The findings have theoretical implications in the area of positive emotions. Practical implications of the findings are enhancement of creativity, designing of resilience development programs, and improved well-being.