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This book examines how the capability approach offers fresh ways to think about work, well-being, and social justice. It argues that work should not only provide income but also empower people to achieve their life goals, develop skills, and participate fully in society. Drawing on research and real-world examples, Jac van der Klink and Sebastiaan Rothmann show how organisations and policies can enhance employees' health, satisfaction, and capabilities. The chapters explore how human resource management, public administration, and organisational leadership can create fairer workplaces by removing barriers that limit potential, improving the quality of work, and ensuring access to opportunities for all. A key theme is equity: work should reduce disparities and foster inclusion across gender, socio-economic, and cultural divides. Timely and relevant, the text appeals to academics, practitioners, policymakers, and advocates seeking practical ways to make work more meaningful. This title is also available Open Access on Cambridge Core.
In times of deep uncertainty, the 'entrepreneurial university' needs to be able to transform itself, when necessary, to maintain long-term evolutionary fitness. Dynamic Universities explores how strategic, entrepreneurial leadership can help US higher education institutions thrive amid unprecedented challenges. Drawing on the dynamic capabilities framework, David J. Teece and Sohvi Heaton provide a strategic roadmap to help university leaders identify emerging opportunities and threats, take decisive action, and sustain competitiveness by enhancing, safeguarding, and reconfiguring key institutional assets – ultimately driving long-term transformation and success. Through compelling case studies – including Stanford and Berkeley – and interviews with global university leaders, this book offers practical insights into managing complexity, fostering innovation, and building resilient academic ecosystems. It is essential reading for administrators, policymakers, and anyone interested in the future of higher education.
How did Tencent become one of the world's most innovative tech giants? This book offers a rare, in-depth look at Tencent's rise through the lens of innovation management. From early products like QQ to the creation of WeChat and its expansive digital ecosystem, the book explores how Tencent drives continuous and breakthrough innovation across technology, management, platforms, and social value. It introduces Tencent's unique Sequoia-like innovations (deep, directed, invisible, and compound), market-type organisation and OCEAN ecosystem, which promotes openness (O), coopetition (C), empowerment (E), autonomy (A), and attentiveness to stakeholders' needs (N). Readers will discover how Tencent leverages corporate values, internal coopetition, digital human resource management, internal talent mobility, platform ecosystems, and social value creation to remain innovative, competitive, and forward-looking. Accessible and insightful, this book is essential reading for students, academics, business leaders, and policymakers interested in innovation management, technology development, digital platforms, and China's evolving technology landscape.
From artificial intelligence (AI) to quantum computing, every new technology is surrounded by 'hype' – but what exactly is hype, and how does it work? This is the first book to take hype seriously, showing how it is made, managed, and mobilised across today's innovation landscapes. Far from being just empty talk, hype has become a structured practice and even a business in its own right. The authors uncover the machinery that drives markets, guides innovation, and shapes whole promissory economies. They also initiate 'Hype Studies' – a new way of understanding how innovation unfolds in the digital age and beyond. After Hype not only establishes hype as a serious object of study but also reveals it to be one of the most powerful yet overlooked forces shaping and influencing our technological future. This title is also available as Open Access on Cambridge Core.
US multinational firms are crucial actors that shape and sustain the rules of the world order. They inherit the advantages conferred by US informal power and generally guide the substance of US foreign economic policy. When they expand abroad to take advantage of the opportunities provided by international rules, their foreign investments anchor their interests and lead them to build political influence. Multinationals do not always win; but the main constraints on their power arise within the US political system. They generally prevail when they credibly link their private interests to public interests and generally fail when their profits clash with prevailing elite views of national security. This book presents sophisticated economics in readable terms and traces a detailed history of the emergence of order in trade, finance, decolonization, development, property rights and intervention since 1945 and into the twenty-first century.
Efficient market theory has made an important contribution to economic and financial analysis, but markets do not always behave according to the theory's predictions. The behavioral finance approach advocated in this Element is a complement to efficient market theory. The Element stresses the effects of perverse incentives, complexity, and uncertainty, as well as the roles of mental models or narrative and behavioral biases. It emphasizes limits to arbitrage, suggesting that international capital mobility is often far from perfect. It reviews popular models and considers alternatives in areas such as currency crises, exchange rates and the balance of payments, the international monetary trilemma, capital flow surges and sudden stops, and the discipline effects of international financial markets. The behavioral approach of the Element also helps to explain why governments often fail to undertake necessary policy adjustments in time to head off currency and financial crises.
Individuals and groups often find themselves in problematic situations not knowing what to do next. They may experience a sense of unease that things aren't quite right, with no clear path to a better future. This book shows how decision analysis and the social skills of the decision analyst can enable us to explore the future before having to live it. The author is a senior decision analyst sharing his lived experience with many clients in numerous private, public, and voluntary organisations. The book sets out a five-step process to choose, define, and assemble the ten key ingredients of any problem into one model. Changes to the ingredients representing possible futures provide new glimpses into the future, stimulate creativity and lead to new solutions. Readers will gain a sound theoretical foundation with an understanding of process consultancy skills and the types of problems for which decision analysis is appropriate.
In multilevel governance systems, member states work together to address cross-border problems, yet people still lack a clear understanding of how and why their policies differ or converge. Existing research offers many explanations but often treats them separately or overstates the EU's independent influence. This Element brings these perspectives together in a single framework of policy dynamics. It distinguishes policy areas shaped mainly by EU institutions or member states, or by their interaction. It introduces an actor-centered typology of policy dynamics – stable patterns of actors, incentives, and mechanisms that shape policy over time. The Element shows that these dynamics matter only when governments, interest groups, and NGOs have the incentives, capacity, and leverage to build coalitions and pursue goals. The policy dynamics framework helps learners identify likely causal mechanisms and supports clearer comparison, explanation, and teaching of EU policymaking. This title is also available as Open Access on Cambridge Core.
Today's organizations face rapid change, digital disruption, and rising demands for sustainability and resilience. This fifth edition text equips executives, students, and educators with a proven framework for designing effective organizations in complex environments. Built on decades of research, the multi-contingency model provides a step-by-step guide from diagnosis to design and implementation-now expanded to include knowledge interdependence, AI integration, sustainable development, and organizational resilience. Rich with real-world cases from LEGO, Microsoft, Haier, and Blackberry, the book blends theory with practice and offers clear visuals, intuitive 2x2 models, and tools to support hands-on learning and application. It helps readers understand who should do what, talk to whom, and-crucially-know what, in today's increasingly dynamic settings. Whether used in executive education or as a core text in MBA and business school courses, this updated edition is a comprehensive, accessible, and globally trusted guide to modern organizational design.
This Element addresses the illiberal challenge facing public administration amidst the rise of authoritarian populism and democratic backsliding. It investigates how populist governments seek to reshape state bureaucracies, often undermining liberal democratic principles such as pluralism, expertise, and constitutional safeguards, and examines how public administration must respond to safeguard democratic integrity. Drawing on global examples, the Element identifies strategies of populist administrative manipulation, patterns of bureaucratic compliance and resistance, and critical gaps in scholarly understanding. It develops a framework for analyzing these dynamics and proposes normative principles to defend active democratic bureaucracy. Through theoretical inquiry and practical recommendations, it advocates for robust, ethically grounded public administration capable of countering illiberal pressures. Its central thesis underscores the need to restore the intellectual foundation of public administration as a social science deeply embedded in and committed to the democratic policy process. This title is also available as Open Access on Cambridge Core.
As organizations expand globally, the spatial distribution of top management teams (TMTs) across regions becomes increasingly prevalent. This paper aims to review the diverse literature on the geographic dimensions of teams (collocation, dispersion, and virtuality), and more specifically, the spatial configuration of upper echelons. Several studies explore the composition of TMTs, the diversity of their members, and their influence on firms’ strategic choices. However, the international location of TMT members remains largely overlooked. We conduct a systematic literature review that draws on spatial theory and the upper echelons approach. The results allow the development of a conceptual framework that integrates research related to the spatial dimensions of TMTs. The purpose is to contribute to a better understanding of how the spatial configuration of TMTs influences strategic leadership processes in geographically dispersed organizational contexts. We discuss the implications of this spatial perspective of upper echelons and propose potential avenues for future research.
Instead of following an “end-of-life” concept, the circular economy focuses on reducing, or alternatively reusing, recycling, and recovering materials in production, distribution, and consumption processes. Despite its potential to contribute to organizational environmental sustainability goals, there is much uncertainty about how the circular economy can be effectively implemented. So far, industrial and organizational (I-O) psychological science and practice have largely neglected how factors such as employee attitudes and motivation, teamwork, leadership behavior, and work design may contribute to the implementation of circular economy practices. Accordingly, the aim of this focal article is to outline how expertise from I-O psychology could be used for effective circular economy implementation. To achieve this goal, we first briefly summarize the history and current practices of the circular economy. Second, we expand the current understanding of the circular economy by adding an I-O psychology perspective. Third, we link the circular economy to other relevant topics in I-O psychology, such as corporate social responsibility and employee green behavior. Finally, we outline how I-O psychologists could address one of the major challenges in the circular economy transformation: intra- and interorganizational cooperation within and across the circular value chain.
This Element advances an agency-theoretic approach to public administration through comparative analysis of the United States, China, and EU. It examines how principals – such as legislatures, executives, or ruling parties – can align the actions of diverse agents, including civil servants, public agencies, street-level bureaucrats, and contractors, with the public interest. Drawing on an extensive review of 146 key studies and AI-assisted analysis of 8,400 articles from Public Administration Review, Part I outlines fundamental concepts: goal divergence, moral hazard, adverse selection, and information asymmetry and traces its history, debates, and criticisms. These concepts are then applied to key themes in public administration – performance management, federalism/decentralization, contracting, politics-administration, and institutional drift. Part II investigates how these problems manifest and tackled in the US, China, and Europe. Part III concludes with a synthesis of findings, debates, extensions, and future directions for theory and practice.
Donald Trump saw the federal bureaucracy as the breeding ground of the 'deep state,' a powerful, unresponsive collection of bureaucratic experts determined to undermine the policies for which he was convinced he had a mandate. He translated that into a furious assault on the basic principles of both the theory and practice of public administration. One of the points of his genius was his incomparable skill in identifying issues that resonated with voters, and his attacks on public administration identified unarguable problems. But those attacks also eroded government's capacity to get work done and the strategies for accountability that had carefully grown since the founders wrote the Constitution. Transforming administration into instruments of political symbols and political power undermined the basic values of public administration – and created fundamental challenges to which the field must rise in charting a public administration for 2035 and beyond.
Protecting biodiversity on the planet through business involvement is a priority for many governments and citizens. To do this requires balancing different social, financial, and ecological objectives with economic output. This editorial questions what is the right way to do this based on considering different forms of capital, such as natural, human, social, manufactured, and financial. This enables renewed interest in the natural environment in terms of business involvement in issues such as climate change and the circular economy.
Transitioning to a sustainable economy requires firms to transform their business models in accordance with circular economy principles. Circular economy scholarship has predominantly examined resource-rich large firms and circular startups, leaving established, resource-constrained small-to-medium-sized enterprises (SMEs) underexplored. Facing capability constraints regarding resources, knowledge, and organizational capacity, government policy intervention plays an important role. Through interviews with 15 experts and analysis of seven government programs, we reveal the transition dynamics that shape SME circular engagement and how government intervention can reinforce the optimization of linear business models or facilitate moving toward circular business model transformation.
The rapid expansion of artificial intelligence has accelerated its adoption across organizational functions. However, existing reviews often adopt sectoral or technology-focused perspectives, limiting understanding of its implementation within core firm activities. This study addresses this gap through a systematic review of articles published in Web of Science and Scopus up to December 2025, following established methodological guidelines. A total of 160 peer-reviewed articles met the inclusion criteria. Findings reveal convergent patterns of adoption in human resources, marketing and customer services, logistics, and finance. Artificial intelligence enhances analytics, automates routine tasks, personalizes interactions, and supports decision-making. Human resources applications focus on recruitment and workforce planning; marketing relies on predictive analytics and conversational interfaces; logistics improves forecasting and supply chain resilience; finance strengthens risk assessment and process efficiency. The study proposes an integrative conceptual model and research propositions, highlighting cross-functional challenges in governance, organizational capabilities, socio-technical alignment, and responsible implementation.