Governing Business Systems: Theories and Challenges for Systems Thinking in Practice (Springer Proceedings in Business and Economics)

Annotation Based on papers from the 4th Business Systems Laboratory International Symposium (BSLAB) in 2016, this volume contributes to the business management, organizational and innovation literature by providing insights on the antecedents of systems thinking in the business systems domain. The Business Systems Laboratory International Symposium addresses current global economic and social challenges from a systemic perspective, drawing from the domains of management, economics, engineering and sociology. In particular, the 2016 Symposium focuses on the epistemological, theoretical, methodological, technical and practical contributions that represent advancements in the theory and practice of governing business systems to address present and future challenges in the global economy. The contributions explore the application of systems thinking to governance, involving the introduction of new administrative organizational and managerial activities aimed toward organizational innovation and control "4.3 Entrepreneurship in the Real Sector" -- "4.4 State Policy for Supporting the Development of Entrepreneurship" -- "4.5 Conclusions and Recommendations" -- "References" -- "5 Towards Discovering the Limits of Smart Grid Communication Infrastructure" -- "5.1 Introduction" -- "5.2 Background" -- "5.2.1 Wireless Communication" -- "5.2.2 Powerline Communication" -- "5.2.3 Communication Protocols" -- "5.3 Modeling Communication in Large-Scale Smart Grid Setups" -- "5.3.1 Our Approach: The Grid Mind Simulation Tool" -- "5.3.2 Applications of GridMind" -- "5.4 Conclusion" -- "5.4.1 On-Going Work and Future Directions" -- "References" -- "6 Exploiting Internet-of-Things: Platformsand Business Models" -- "6.1 Introduction" -- "6.2 Theoretical Framework" -- "6.2.1 General Purpose Technologies and Open Innovation" -- "6.2.2 General Purpose Technologies, Technical Platforms and Ecosystem Innovation" -- "6.3 Research Design" -- "6.4 FIWARE Architecture and Philosophy" -- "6.4.1 The FIWARE EcoSystem" -- "6.4.2 Identifying Business Models of Participants to the FIWARE Initiative" -- "6.5 Discussion and Conclusions" -- "References" -- "7 The Leadership Competencies and Intuitive Decision-Making of Top and Middle Level Managers in the Automotive Industry" -- "7.1 Introduction" -- "7.2 Leadership Competencies" -- "7.3 Intuitive Decision-Making" -- "7.4 Methodology" -- "7.4.1 Sample" -- "7.4.2 Description of Measuring Instrument" -- "7.4.3 Process" -- "7.5 Research Results" -- "7.6 Model of Leadership Competencies of Intuitive Decision-Making of Top and Middle Managersin the Automotive Industry" -- "7.7 Discussion and Conclusion" -- "A.1 Appendix: Summary of Results" -- "References" -- "8 Government Performance, Ethics and Corruption in the Global Competitiveness Index" -- "8.1 Introduction" -- "8.2 Literature Review" -- "8.2.1 Government Performance and Corruption "Preface" -- "Introducing the Business Systems Laboratory Fourth International Symposium" -- "The Articles in This Volume" -- "Contents" -- "1 Financing Management of Companies" -- "1.1 Introduction" -- "1.2 Literature Review" -- "1.2.1 Essentials of Financial Management of Companies" -- "1.2.2 Short-Term Financing Management" -- "1.2.3 Long-Term Financing and Agency Problems" -- "1.3 Research" -- "1.3.1 Sample and Methods" -- "1.3.2 Results of Analysis" -- "1.3.3 Effective Cost of Sources of Financing" -- "1.3.3.1 Models" -- "1.3.3.2 Discussion" -- "1.3.3.3 An Illustrative Example" -- "1.4 Conclusion" -- "References" -- "2 A New Approach to the Management of Cash in a Company" -- "2.1 Introduction" -- "2.2 Literature Review" -- "2.2.1 Determinants of Cash Holdings" -- "2.2.2 Concepts Underlying Cash Management" -- "2.3 Research" -- "2.3.1 Methodology" -- "2.3.2 Results of Empirical Analysis" -- "2.3.2.1 Relation Between Profitability and Cash Level" -- "2.3.2.2 Relation Between Cash Level and Liquidity of Surveyed Companies" -- "2.3.2.3 Relation Between Liquidity Level and Profitability" -- "2.3.3 Models" -- "2.3.3.1 Establishing or Changing a Lockbox Arrangement" -- "2.3.3.2 Delaying Cash Payments" -- "2.3.3.3 An Illustrative Example" -- "2.3.4 Discussion" -- "2.4 Conclusion" -- "References" -- "3 Governing Complex Strategic Networks: Emergence Versus Enabling Effects" -- "3.1 Introduction" -- "3.2 Theoretical Background" -- "3.2.1 Strategic Network Approach" -- "3.2.2 Complexity Theory" -- "3.2.3 Complexity Leadership Theory" -- "3.2.4 New-Genre Leadership Theory" -- "3.3 The Processes of Coordination and Governance in Complex Strategic Networks" -- "3.4 Conclusion" -- "References" -- "4 Challenges of the Priority Sectors of Entrepreneurship in Georgia" -- "4.1 Introduction" -- "4.2 Economic Reforms in Georgia Front Matter ....Pages i-xii Financing Management of Companies (Eleonora Kontuš)....Pages 1-23 A New Approach to the Management of Cash in a Company (Eleonora Kontuš)....Pages 25-47 Governing Complex Strategic Networks: Emergence Versus Enabling Effects (Gabriella Levanti)....Pages 49-65 Challenges of the Priority Sectors of Entrepreneurship in Georgia (Leila Kadagishvili)....Pages 67-85 Towards Discovering the Limits of Smart Grid Communication Infrastructure (Miroslav Kadlec, Jan Rosecky, Filip Prochazka, Barbora Buhnova, Tomas Pitner)....Pages 87-99 Exploiting Internet-of-Things: Platforms and Business Models (Tindara Abbate, Fabrizio Cesaroni, Maria Cristina Cinici, Massimo Villari)....Pages 101-118 The Leadership Competencies and Intuitive Decision-Making of Top and Middle Level Managers in the Automotive Industry (Ivan Erenda, Aleksej Metelko, Vasja Roblek, Maja Meško)....Pages 119-140 Government Performance, Ethics and Corruption in the Global Competitiveness Index (Davide Di Fatta, Roberto Musotto, Walter Vesperi)....Pages 141-151 Innovation in Cultural Districts: The Cases of Naples and Washington (Valentina Della Corte, Giovanna Del Gaudio, Fabiana Sepe, Chiara D’Andrea)....Pages 153-166 Only Pricing Policy Matters (Davide Di Fatta, Ivan Nania)....Pages 167-176 "8.2.2 Global Competitiveness Index (GCI)" -- "8.3 Methodology" -- "8.3.1 Ethics and Corruptions" -- "8.3.2 Government Efficiency" -- "8.3.3 Scatter Plot and Linear Regression" -- "8.4 Results and Discussion" -- "8.5 Conclusion and Implications" -- "8.5.1 Limitations and Further Studies" -- "Bibliography" -- "9 Innovation in Cultural Districts: The Cases of Naples and Washington" -- "9.1 Introduction" -- "9.2 Theoretical Framework" -- "9.3 An Outline of the Evolved Cultural District Model" -- "9.4 Method of the Research" -- "9.5 Discussion" -- "9.6 Main Implications and Findings" -- "9.7 Conclusion" -- "References" -- "10 Only Pricing Policy Matters: Discount Is the Only Determinant of Conversion Rate on Apparel e-Commerce Websites" -- "10.1 Introduction" -- "10.2 Literature Review" -- "10.2.1 Logistics: Free Shipping and Free Returns" -- "10.2.2 Pricing Policy" -- "10.2.3 Loading Speed" -- "10.3 Data and Methodology" -- "10.4 Empirical Analysis" -- "10.5 Discussion and Conclusion" -- "10.5.1 Theoretical and Practical Implications" -- "10.5.2 Limitations and Further Studies