San Cristobal de Segovia, Spain
San Cristobal de Segovia, Spain

IE University is a prestigious private university, owned by Instituto de Empresa S.L., whose main campus are located in Segovia, Castile and León, and in Madrid, Comunidad de Madrid . IE University programs are run in English and Spanish, and are compliant with the terms of the European Higher Education Area . Wikipedia.

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Ketokivi M.,IE University
Journal of Operations Management | Year: 2017

In this JOM Forum article, published in conjunction with the Special Issue on Manufacturing in the High-Cost Environment, two operations management heavyweights Richard Schonberger and Karen Brown examine the missing link between manufacturing research and practice. © 2017 Elsevier B.V.


Olea P.P.,IE University | Mateo-Tomas P.,University of León
Diversity and Distributions | Year: 2011

Aim It is increasingly recognized the importance of accounting for imperfect detection in species distribution modelling and conservation planning. However, the integration of detectability into a spatially explicit frame has received little attention. We aim (1) to show how to develop distribution maps of both detection probability and survey effort required to reliably determine a species presence/absence and (2) to increase awareness of the spatial variation of detection error inherent in studies of species occurrence. Location North-western Spain. Methods We registered the presence/absence of the endangered Egyptian vulture (Neophron percnopterus) in 213 surveys performed in 40 of 104 territories once known to be occupied. We model simultaneously both detection probability and occurrence, using site occupancy modelling. With the resulting regression equations, we developed distribution maps of both detection probability and required sampling effort throughout the area. Results Of the studied territories, 72.5% were detected as occupied, but after accounting for imperfect detection, the proportion of sites truly occupied was 79%. Detectability decreased in territories with higher topographical irregularity and increased with both the time of day of the survey and the progress of the season. Spatial distribution of detectability showed a mainly north-south gradient following the distribution of slope in the area. The likelihood of occupancy increased with rockier, less forested surface and less topographical irregularity within the territory. A minimum of five surveys, on average, are needed to assess, with 95% probability, the occupancy status of a site, ranging from ≤3 to >24 visits/territory depending on survey- and site-specific features. Main conclusions Accounting for detectability and its sources of variation allows us to elaborate distribution maps of detectability-based survey effort. These maps are useful tools to reliably assess (e.g. with 95% probability) occupancy status throughout a landscape and provide guidance for species conservation planning. © 2011 Blackwell Publishing Ltd.


Ketokivi M.,IE University | Choi T.,Arizona State University
Journal of Operations Management | Year: 2014

Since the seminal article by Eisenhardt (1989), scholarly interest in case research has mushroomed in operations management and organization sciences. Volumes of methodological texts are matched with a massive amount of empirical research that seeks to apply and further develop case research as a scientific method. What is missing from this literature is a treatment of the methodological diversity of case research. In this paper, we seek to unveil this heterogeneity by describing three distinct methodological accounts of case study: theory generation, theory testing, and theory elaboration. Each approach has its own idiosyncrasies, in particular when it comes to the interplay between theory and empirics. A typical case research incorporates both existing theories and empirical data to varying degrees. In light of this heterogeneity, we re-interpret key aspects of extant contributions and discuss guidelines for future case research. We propose that ultimately, case research rigor is determined by attention to idiosyncrasy and transparency of reasoning. We conclude by arguing that we have witnessed in the past 25 years in organization research what amounts to the Renaissance of case research. © 2014 Elsevier B.V.


Grant
Agency: European Commission | Branch: FP7 | Program: MC-CIG | Phase: FP7-PEOPLE-2011-CIG | Award Amount: 100.00K | Year: 2011

The proposed research involves two lines of investigation. The first line is dedicated to the study the role of monetary policy in explaining international stock market correlations. It also contributes to our understanding of the international propagation of shocks. As highlighted by the recent financial crisis, understanding how monetary policy affects financial markets is crucial for the conduct of monetary policy. Central Banks are usually among the first policy makers to react to business cycle fluctuations,and to crisis and economic shocks. But they do not react in the same way. Central Banks have different objectives and beliefs that make them heterogeneous. The goal of this project is to focus on how the time varying nature of Central Bank policy coordination is reflected in stock markets. The second line of enquiry studies the cross-sectional asset-pricing implications of the technological connectivity among sectors/firms output, when the latter is subject to persistent distress events. We pursue this task in an equilibrium pure-exchange model, where incomplete information and learning account for imprecise knowledge of market fundamentals and play an important role in the crosssectional comovement of assets prices. Barro (2009) argues that the desire to hedge against chances of macroeconomic disasters is worth a significant portion of the GDP while the welfare cost from usual economic fluctuations is much smaller and hardly able to explain the properties of expected returns. The researer will develop a model of an economy with multiple assets in positive net supply (orchard) where the economy-wise propagation of firms/sectors cycles of distress and recovery gives rise not only to the observed time-variation of correlations, and to empirically sound predictions for both the equity premium and the interest rate puzzles, but also to the cross-section of expected returns.


Ketokivi M.,IE University
Journal of Operations Management | Year: 2016

In this JOM Forum article, three operations management scholars and production geography pioneers Kasra Ferdows, Ann Vereecke, and Arnoud De Meyer discuss the challenge and the complexity of managing geographically dispersed operations. © 2016 Elsevier B.V. All rights reserved.


Grant
Agency: European Commission | Branch: H2020 | Program: MSCA-IF-EF-ST | Phase: MSCA-IF-2014-EF | Award Amount: 158.12K | Year: 2016

How entrepreneurs could profit from social responsible investments? This issue implies a balance between entrepreneurs investments in profitable business models and their engagement in non-profit social actions. To address this question, the project studies the B-Corporations as a new legal business form of corporations (private and public) pursuing benefits for society and shareholders. A non-profit certifying organization, B-Lab, analyses the impact of these companies on society, with particular attention to their ability to provide to communities beneficial products or services. Although first established in US, now they are present in 34 countries across 121 industries. Employing this legal form of social companies, the proposal exploits the notion of community-focused strategies (CFS) to refer to the actions that entrepreneurs should pursue to establish links with communities to fulfill reciprocal social values. If people join communities to satisfy their identity needs, entrepreneurs might seek to align their ventures strategy to them to improve entrepreneurial performance. Building on social identity theory, entrepreneurial and strategy research, this project adopt mainly a demand-oriented approach. First, it tries to explain differences in new ventures performance investigating how B-Corps interact with their communities and through them access customers information and gaining loyalty. Second, it explores and profiles the B-Corps as new examples of social entrepreneurial ventures. Finally, it studies entrepreneurs strategies to develop long-term interactions with the communities. The statistical evidence is drawn from secondary data, surveys to entrepreneurs, and lab experiments. Implications on ventures success rate, growth and drawbacks of the interplay between social entrepreneurship and CFS are discussed.


Ketokivi M.,IE University
Journal of Operations Management | Year: 2016

This JOM Forum is an exchange of ideas on the antecedents and consequences of resource heterogeneity. Two sets of authors examine in a point-counterpoint style the usefulness of the resource based view (or resource based theory) in operations management research. © 2015 Elsevier B.V. All rights reserved.


Grant
Agency: European Commission | Branch: FP7 | Program: MC-IEF | Phase: FP7-PEOPLE-2011-IEF | Award Amount: 168.90K | Year: 2012

Economic and social behavior is often goal directed. People and organizations can strive for two kinds of goals: They can strive for an improvement of the current state (e.g., increase the balance of a savings account-an attainment goal), or they can strive for holding on to the current state (e.g., maintain the balance of a savings account -a maintenance goal). Research to date has studied attainment goals in isolation, but it has rarely compared the properties and processes associated with attainment versus maintenance goals. As a consequence of the absence of such systematic comparisons, our understanding of maintenance goals remains limited, and our understanding of attainment goals incomplete. Recent academic research comparing the two goal types indicates that they hold different properties. However, many important questions remain open: Are attainment or maintenance goals more attractive, and under what circumstance? What types of plans are more appropriate for the pursuit of each goal type? Is individual performance affected differently by the two goal types? Under what circumstances? Are independent versus interdependent cultures more inclined towards one of the two goal types? Answering these questions is the objective of the proposed research program. Providing these answers will require a combination of laboratory and field studies. Hence, the results will be compatible with the experimental psychology tradition in goals research, and relevant for the field of behavioral economics. Moreover, given the importance of goals in several research domains (e.g., marketing, consumer behaviour, management, psychology) and real world contexts (e.g., saving, dieting, work, investments, charities) the results of the proposed research program are expected to affect a variety of disciplines. Finally, as much of the related research is being conducted in the USA, the proposed research program could serve as a basis for further stimulating research on goals in Europe.


Grant
Agency: European Commission | Branch: FP7 | Program: MC-CIG | Phase: FP7-PEOPLE-2013-CIG | Award Amount: 100.00K | Year: 2014

Decision-makers are often required to make subjective judgments about situations under uncertainty. For example, organizations operating across several countries need to predict currency exchange rates, and need experts to make these predictions using a combination of objective data and subjective judgments. This research program that we call as Improving Judgments Project will focus on understanding the underpinnings of individual and group subjective judgments. We plan to work on three interrelated streams. First, we will look at how individuals judgments are influenced by different decision-making frames. Second, we will study the individual-level variation in decision-making that arises from differences in personality traits and emotions. Finally, we will investigate how the judgment quality is influenced in an interpersonal context (both dyadic and group level decision-making). A theme which will run concurrently with others is the role of cultural differences. Understanding how different cultures shape individuals perceptions and judgments is becoming increasingly relevant as businesses move to newer territories. We plan to study the differences that arise between inter-dependent societies (e.g., China, Korea), independent ones (e.g., US), and other emerging markets (e.g., Brazil and India). With this, we hope to develop a better understanding of how individuals and groups make decisions which will lead us to finding ways towards better managerial decision-making. We have already conducted a successful first phase on several aspects related to this project through which several high-quality publications have been made. One of the highlights of that phase has been the innovative dataset that was collected during the Soccer World Cup 2010. The sports domain provides a perfect setting where rich data can be obtained on how decisions are made under uncertainty and with emotions involved. With World Cup 2014 approaching, a second phase is perfectly timed.


Grant
Agency: European Commission | Branch: FP7 | Program: CSA-CA | Phase: HEALTH.2012.4.1-2 | Award Amount: 2.39M | Year: 2012

Health-2-Market is an ambitious project aiming to boost the economic exploitation of EU-funded research results in the area of Health/life science. The project focuses on the actual Health/life science knowledge generators, namely the researchers, involved in EU-funded research in Health with a view to cultivate to them an enhanced innovation and entrepreneurial culture. More specifically, Health-2-Market will aim at providing Health researchers with the necessary knowledge and skills for more viable IPR management as well as market exploitation of their results through the setting up of new business ventures in health/life science sectors or in a more broad sense through their more active involvement in interdisciplinary cooperation actions. More specifically, Health-2-Market is expected to offer a set of high-level services including advanced training courses,ad-hoc and on demand counselling as well as specific coaching (both through web as well as face-2-face) addressing innovation issues such as: IPR and asset management, formulation of business and exploitation plans, preparation for the launch of start-ups in health/life science as well as on demand knowledge transfers. Health-2-Market services will be offered by a pool of experienced internal specialists as well as external ones coming from leading academic and industrial organisations. The provided services will be escalating to address the needs of the potential target groups: Web (e-learning) courses for broader audience, two-day seminars on specific topics, advanced training courses (intensive training academies), hands-on support and ad-hoc counselling services either through face-to-face meetings, or distance ones, etc. The project will cover all EU MS and AC through its broad partnership as well as through a network of regional experts that will be set up. The project with take into account existing networks and services already deployed as the EEN, the Fit for Health Network as well as the NCP network.

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