{"id":"https://openalex.org/W65572984","doi":null,"title":"Assessing the Operations Innovation Bandwagon Effect: A Market Perspective on the Returns","display_name":"Assessing the Operations Innovation Bandwagon Effect: A Market Perspective on the Returns","publication_year":2003,"publication_date":"2003-03-22","ids":{"openalex":"https://openalex.org/W65572984","mag":"65572984"},"language":"en","primary_location":{"id":"mag:65572984","doi":null,"is_oa":false,"landing_page_url":"https://www.jstor.org/stable/40604417","pdf_url":null,"source":{"id":"https://openalex.org/S2764850994","display_name":"Journal of managerial issues","issn_l":"1045-3695","issn":["1045-3695"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-c","cwts-core"],"host_organization":"https://openalex.org/P4310316206","host_organization_name":"Pittsburg State University","host_organization_lineage":["https://openalex.org/P4310316206"],"host_organization_lineage_names":["Pittsburg State University"],"type":"journal"},"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":"Journal of managerial issues","raw_type":null},"volume":null,"type":"article","indexed_in":[],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5101432650","display_name":"John Lee","orcid":"https://orcid.org/0000-0002-8509-5648","observed_orcids":["https://orcid.org/0000-0002-8509-5648"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"John Lee","raw_affiliation_strings":[],"raw_orcid":"https://orcid.org/0000-0002-8509-5648","affiliations":[]},{"author_position":"last","author":{"id":"https://openalex.org/A5040708596","display_name":"Kam C. Chan","orcid":"https://orcid.org/0000-0003-4657-1485","observed_orcids":["https://orcid.org/0000-0003-4657-1485"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Kam C. Chan","raw_affiliation_strings":[],"raw_orcid":"https://orcid.org/0000-0003-4657-1485","affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":0.6286,"has_fulltext":false,"cited_by_count":14,"citation_normalized_percentile":{"value":0.78280868,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":89,"max":96},"biblio":{"volume":"15","issue":"1","first_page":"97","last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10164","display_name":"Quality and Supply Management","score":0.6025000214576721,"subfield":{"id":"https://openalex.org/subfields/1404","display_name":"Management Information Systems"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10164","display_name":"Quality and Supply Management","score":0.6025000214576721,"subfield":{"id":"https://openalex.org/subfields/1404","display_name":"Management Information Systems"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12659","display_name":"Innovation Diffusion and Forecasting","score":0.11320000141859055,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10003","display_name":"Innovation and Knowledge Management","score":0.02889999933540821,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/innovation-adoption","display_name":"innovation adoption","score":0.7250000238418579},{"id":"https://openalex.org/keywords/bandwagon-effect","display_name":"bandwagon effect","score":0.9739999771118164},{"id":"https://openalex.org/keywords/just-in-time","display_name":"just-in-time","score":0.9179999828338623},{"id":"https://openalex.org/keywords/total-quality-management","display_name":"total quality management","score":1.0},{"id":"https://openalex.org/keywords/stock-price-reaction","display_name":"stock price reaction","score":0.7429999709129333},{"id":"https://openalex.org/keywords/firm-value","display_name":"firm value","score":0.6840000152587891},{"id":"https://openalex.org/keywords/pro-innovation-bias","display_name":"pro-innovation bias","score":0.7839999794960022},{"id":"https://openalex.org/keywords/top-management-decision-making","display_name":"top management decision-making","score":0.5889999866485596},{"id":"https://openalex.org/keywords/listed-companies","display_name":"listed companies","score":0.5680000185966492},{"id":"https://openalex.org/keywords/diffusion-of-innovations","display_name":"diffusion of innovations","score":0.9430000185966492}],"concepts":[{"id":"https://openalex.org/C52416528","wikidata":"https://www.wikidata.org/wiki/Q955199","display_name":"Bandwagon effect","level":2,"score":0.9687876105308533},{"id":"https://openalex.org/C40700","wikidata":"https://www.wikidata.org/wiki/Q1411783","display_name":"Industrial organization","level":1,"score":0.5523914098739624},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.5519971251487732},{"id":"https://openalex.org/C127576917","wikidata":"https://www.wikidata.org/wiki/Q624630","display_name":"Competitor analysis","level":2,"score":0.5511887073516846},{"id":"https://openalex.org/C162853370","wikidata":"https://www.wikidata.org/wiki/Q39809","display_name":"Marketing","level":1,"score":0.5329654216766357},{"id":"https://openalex.org/C2776291640","wikidata":"https://www.wikidata.org/wiki/Q2912517","display_name":"Value (mathematics)","level":2,"score":0.5221338868141174},{"id":"https://openalex.org/C125502","wikidata":"https://www.wikidata.org/wiki/Q1153279","display_name":"Early adopter","level":2,"score":0.46413275599479675},{"id":"https://openalex.org/C2778869765","wikidata":"https://www.wikidata.org/wiki/Q6028363","display_name":"Inefficiency","level":2,"score":0.44281649589538574},{"id":"https://openalex.org/C2779530757","wikidata":"https://www.wikidata.org/wiki/Q1207505","display_name":"Quality (philosophy)","level":2,"score":0.4105511009693146},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.3953286409378052},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.26573646068573},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.0},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0},{"id":"https://openalex.org/C119857082","wikidata":"https://www.wikidata.org/wiki/Q2539","display_name":"Machine learning","level":1,"score":0.0},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.0},{"id":"https://openalex.org/C138885662","wikidata":"https://www.wikidata.org/wiki/Q5891","display_name":"Philosophy","level":0,"score":0.0},{"id":"https://openalex.org/C111472728","wikidata":"https://www.wikidata.org/wiki/Q9471","display_name":"Epistemology","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"mag:65572984","doi":null,"is_oa":false,"landing_page_url":"https://www.jstor.org/stable/40604417","pdf_url":null,"source":{"id":"https://openalex.org/S2764850994","display_name":"Journal of managerial issues","issn_l":"1045-3695","issn":["1045-3695"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-c","cwts-core"],"host_organization":"https://openalex.org/P4310316206","host_organization_name":"Pittsburg State University","host_organization_lineage":["https://openalex.org/P4310316206"],"host_organization_lineage_names":["Pittsburg State University"],"type":"journal"},"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":"Journal of managerial issues","raw_type":null}],"best_oa_location":null,"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":13,"referenced_works":["https://openalex.org/W1596432671","https://openalex.org/W1984401926","https://openalex.org/W2002644915","https://openalex.org/W2035687887","https://openalex.org/W2091090227","https://openalex.org/W2091775201","https://openalex.org/W2091777293","https://openalex.org/W2097139268","https://openalex.org/W2159888727","https://openalex.org/W2986921706","https://openalex.org/W2991805941","https://openalex.org/W3121368620","https://openalex.org/W3151727758"],"related_works":["https://openalex.org/W3004306668","https://openalex.org/W216364706","https://openalex.org/W7048527671","https://openalex.org/W576099031","https://openalex.org/W2073996782","https://openalex.org/W2888151901","https://openalex.org/W2999965098","https://openalex.org/W2808754287","https://openalex.org/W6959803348","https://openalex.org/W1132142314"],"abstract_inverted_index":{"The":[0,317,399],"innovation":[1,15,71,90,135,150,175,190,212,240,258,266,286,314,350,370,380,391,400,414,480,499,535,559],"adoption":[2,9,91,118,136,213,259,278,307,315,330,381,392,401,408,500,542,560],"research":[3,318,402],"dealing":[4,403],"with":[5,404],"the":[6,17,30,73,80,87,114,117,121,125,128,134,144,168,193,197,201,209,215,221,224,244,255,283,310,326,341,364,366,369,376,405,439,482,489,496,525,538,541,545,549,552,558],"causes":[7,406],"of":[8,32,76,86,89,97,124,127,146,174,196,220,223,285,313,328,348,368,387,407,441,485,495,498,531,548,551],"have":[10,280,359,383,409],"addressed":[11,410],"factors":[12,347,411],"that":[13,58,116,257,412,467,540],"stimulate":[14,413],"and":[16,38,107,179,214,291,295,303,333,340,354,416,419,424,447,505,509],"pro-innovation":[18],"bias":[19],"assumption":[20],"called":[21],"a":[22,42,172,231,262,385,451,520],"bandwagon":[23,148,420,517,526],"pressure.":[24],"Bandwagon":[25,434],"pressures":[26,435],"are":[27,52,67,92,162,372,436,461,476,501],"caused":[28,437],"by":[29,72,152,438,481],"fear":[31,440],"non-adopters":[33,442],"appearing":[34,443],"different":[35,444,521],"from":[36,49,445,458,519],"adopters":[37,446],"possibly":[39,448],"performing":[40,449],"at":[41,450],"below-average":[43,452],"level":[44,453],"if":[45,241,454],"competitors":[46,455],"substantially":[47,456],"benefit":[48,457],"innovation.":[50,459],"Bandwagons":[51,460],"stated":[53,462],"to":[54,69,167,184,237,248,305,463,478],"be":[55,249,464],"diffusion":[56,378,465],"processes":[57,331,466],"innovative":[59,468],"organizations":[60,66,78,469,475,487],"go":[61,470],"through.":[62,471],"This":[63,472],"is":[64,473],"because":[65,474],"pressured":[68,477],"adopt":[70,238,479],"sheer":[74,483],"number":[75,484],"adopting":[77,169,225,486],"in":[79,200,265,324,343,363,389,488],"market":[81,122,490,546],"even":[82,130,491,554],"when":[83,131,492,555],"individual":[84,493],"assessments":[85,494],"merits":[88,497],"not":[93,138,155,502,562],"complete.":[94],"Top":[95],"management":[96,110,188,229,530],"publicly-held":[98,532],"corporations":[99,533],"adopts":[100,189,534],"operations":[101],"innovation,":[102],"such":[103],"as":[104],"just-in-time":[105],"(JIT)":[106],"total":[108],"quality":[109],"(TQM),":[111],"based":[112,191,536],"on":[113,192,524,537],"belief":[115,539],"will":[119,235,260,543],"enhance":[120,544],"perception":[123,219,547],"value":[126,159,199,222,550],"organization":[129,553],"it":[132,234,242,556],"knows":[133,557],"might":[137,561],"produce":[139,156,261,563],"tangible":[140,565],"economic":[141,165,566],"benefits.":[142,567],"In":[143,203,512],"presence":[145],"strong":[147],"pressures,":[149,421],"adoptions":[151],"firms":[153],"would":[154,181],"higher":[157],"firm":[158],"since":[160],"there":[161],"no":[163],"real":[164,564],"benefits":[166],"firms.":[170],"Thus,":[171],"test":[173,208,254],"adoption,":[176],"involving":[177],"JIT":[178],"TQM,":[180],"allow":[182],"us":[183],"examine":[185,516],"whether":[186],"top":[187,228,529],"promised":[194],"enhancement":[195],"organization's":[198],"market.":[202],"this":[204,513],"view,":[205],"we":[206,515],"empirically":[207],"relationship":[210],"between":[211],"market's":[216],"(capital":[217],"market's)":[218],"organization.":[226],"Assuming":[227],"makes":[230],"rational":[232],"choice,":[233],"decide":[236],"operational":[239],"expects":[243],"stock":[245,268],"price":[246],"effect":[247],"positive,":[250],"ex":[251,270],"ante.":[252],"We":[253],"hypothesis":[256],"positive":[263],"change":[264],"adopters'":[267],"prices,":[269],"post.":[271],"INNOVATION":[272],"ADOPTION":[273],"AND":[274],"BANDWAGON":[275],"CLAIM":[276],"Innovation":[277],"decisions":[279,308],"long":[281],"been":[282,361],"concern":[284],"researchers":[287,382],"(Drucker,":[288],"1985;":[289],"Lewis":[290],"Siebold,":[292],"1993;":[293],"Lind":[294],"Zmud,":[296],"1991;":[297,427],"Tornatzky":[298],"et":[299,394],"al.,":[300,395],"1983).":[301,511],"Precedents":[302],"correlates":[304],"formal":[306],"were":[309],"initial":[311],"focus":[312],"research.":[316],"has":[319],"also":[320,360],"seen":[321],"theoretical":[322],"advances":[323],"understanding":[325],"dynamics":[327],"intraorganizational":[329],"(Meyer":[332],"Goes,":[334],"1988;":[335],"Pelz,":[336],"1983;":[337],"Rogers,":[338],"1988)":[339],"changes":[342],"interrelationships":[344],"among":[345],"key":[346],"organizational":[349],"(Van":[351],"de":[352,431],"Ven":[353],"Poole,":[355],"1990).":[356],"Further":[357],"developments":[358],"made":[362],"way":[365],"outcomes":[367],"process":[371],"conceptualized.":[373],"Moving":[374],"beyond":[375],"traditional":[377],"literature,":[379],"found":[384],"lack":[386],"uniformity":[388],"technological":[390],"(Child":[393],"1987;":[396],"Leonard-Barton,":[397],"1988).":[398],"(Brophy":[415],"Shulman,":[417],"1993)":[418],"both":[422],"institutional":[423],"competitive":[425],"(Abrahamson,":[426],"Kimberly,":[428],"1981;":[429],"Van":[430],"Ven,":[432],"1986).":[433],"complete":[503],"(Abrahamson":[504],"Rosenkopf,":[506],"1990;":[507],"Tolbert":[508],"Zucker,":[510],"article,":[514],"pressure":[518,527],"perspective.":[522],"Based":[523],"argument,":[528],"\u2026":[568]},"counts_by_year":[{"year":2024,"cited_by_count":2},{"year":2021,"cited_by_count":2},{"year":2020,"cited_by_count":2},{"year":2019,"cited_by_count":1},{"year":2014,"cited_by_count":1},{"year":2013,"cited_by_count":2},{"year":2012,"cited_by_count":2}],"updated_date":"2025-10-10T17:16:08.811792","created_date":"2016-06-24T00:00:00"}