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Showing posts from August, 2024

How U.S. Companies are Innovating to Stay Competitive

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Let us begin with the critical setting of the Inflation Reduction Act in the United States. The IRA includes up to $370 billion in new spending and tax credits to promote clean energy and accelerate the aim of decarbonization. The size of these public funds is difficult to overstate: it exceeds Ottawa's total annual budget. When other U.S. advantages are taken into account, such as lower salaries, right-to-work legislation, and the size of its domestic market, competing for electric car investments will be tough (and extremely expensive) for Canada. It may make for good one-off news conferences, but it is hardly a long-term economic strategy. It's also not clear whether the economic benefits outweigh the costs. Electric vehicle manufacturing differs from typical automobile production. Electric vehicles require less than half the labor to manufacture as traditional internal combustion engine automobiles, require far fewer parts (reducing employment by downstream suppliers such a...

The Evolution of American Business Practices

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This dissertation study is anticipated to make numerous contributions to both research and practice. In terms of theory, the dissertation makes a significant contribution by creating a theoretical framework for SC KM capability. Prior studies examining the correlation between KM and organizational performance have primarily concentrated on the KM capability of individual organizations (Gold et al. 2001; Tanriverdi 2005). In a supply chain where the supply chain partners are not all from the same organization, knowledge can play a crucial role in coordinating and ensuring the smooth functioning of the supply chain (Hansen 2002). Exploring how supply chain firms can tap into knowledge resources beyond their own boundaries will contribute to developing a theoretical understanding of how knowledge management impacts value creation in the supply chain. The second contribution of the dissertation is to enhance our understanding of the connection between IT capability and supply chain perform...

The Role of Digital Transformation in the Evolution of U.S. Business

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A sustainable design hierarchy prioritizes sufficiency, circularity, and efficiency as complementing concepts to be applied in that order. First, determine if a product or service is genuinely needed. If the answer is affirmative, the next challenge is how the design may emulate nature's closed loop systems to maximize resource circulation and preserve embedded value. The final question focuses on efficiency, which involves getting the most out of the fewest resources. The existing system prioritizes efficiency over other factors, but this Hierarchy reverses that order. Retrofitting circular ideas to current products and services, rather than rebuilding them completely, might result in modest improvements to unsustainable designs. Most items are not built for their technical and biological circulation processes, limiting circularity initiatives to recycling as a last resort. Breaking down a product to be recreated is not as effective as extending, reusing, and refurbishing it, as ...

How U.S. Businesses are Navigating the Post-Pandemic Economy

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IT has proven to be a highly effective tool for managing organizational knowledge. With the growing significance of knowledge management in supply chains, it is crucial to focus on the role of IT in developing the capabilities of supply chains' knowledge management. This area deserves further research and exploration. This dissertation builds upon three different streams of literature that are increasingly converging, in order to explore the intricate phenomenon of using IT to manage knowledge in supply chains. Initially, the literature on IT business value lays the groundwork for understanding IT capabilities and how they can contribute to generating business value. Additionally, the literature on IOS and SCM provides valuable insights into the various factors that impact the implementation of IT in supply chains and highlights the significant improvements in supply chain efficiency brought about by IT.  Furthermore, the knowledge management literature brings together research fro...

The Evolution of American Business in the Digital Era

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The Trudeau government routinely promotes its track record of lowering poverty rates in Canada, owing primarily to the Canada Child Benefit program. Its statements largely hold up under investigation. Targeted public spending has significantly reduced poverty, according to an arithmetic view of poverty as a merely materialistic state of being. However, many scholars, pundits, and politicians who discuss poverty lack a nuanced grasp of the individuals and families that experience poverty in both materialistic and non-materialistic ways. Canadians in poverty have reason to be cautious of second and third-generation Laurentians who have positioned themselves as tribunes of the less fortunate, gesticulating their outrage at the condition of the poor while flashing $5,000 wristwatches. According to one scripture in the Christian Bible, Jesus said, "It is easier for a camel to go through the eye of a needle than for a rich man to enter into the kingdom of God." This is a severe rep...

The Evolution of U.S. Business Strategies in a Global Market

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Robert Wentrup is a cofounder of Internago, a company focused on internationalization. He formerly worked for Business Sweden, the Swedish Trade and Invest Council in France and Morocco. His PhD research focused on globalization of online enterprises and geographical perspectives on the online economy. He is a research fellow and guest lecturer at the Centre for International Business Studies, Department of Business Administration, University of Gothenburg, Sweden. His research covers Internet and economic geography, international business, and development studies. He has experience as a technology consultant at Accenture and serves on the board of AAID, a non-governmental organization dedicated to accountability and internet democracy. Xiangxuan Xu is a postdoctoral researcher at the Centre for International  Business Studies, School of Business, Economics, and Law, University of Gothenburg. Her study explores spatial trends in the digital economy and their policy implications. He...

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