2021
DOI: 10.1007/s11747-021-00777-z
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Retail service innovations and their impact on retailer shareholder value: evidence from an event study

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Cited by 18 publications
(18 citation statements)
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“… 4 Hulland et al ( 2018 ) note that reporting the initial response rate is not critical when the general purpose of a research study is theory driven. Consistent with this view, the initial response rate of panel data is usually not reported in academic research (e.g., Baehre et al, 2022 ; Bolander et al, 2021 ; Lamey et al, 2021 ). That being said, we gladly do so in this research for the sake of completeness and transparency.…”
mentioning
confidence: 79%
“… 4 Hulland et al ( 2018 ) note that reporting the initial response rate is not critical when the general purpose of a research study is theory driven. Consistent with this view, the initial response rate of panel data is usually not reported in academic research (e.g., Baehre et al, 2022 ; Bolander et al, 2021 ; Lamey et al, 2021 ). That being said, we gladly do so in this research for the sake of completeness and transparency.…”
mentioning
confidence: 79%
“…We include R&D intensity, the ratio of R&D to sales, to serve as a proxy for innovation (Daughety and Reinganum 1995; Mizik and Jacobson 2003). Prior work shows that innovative retailers are more likely to introduce innovative in-store technologies (Dotzel and Shankar 2019; Lamey et al 2021), which suggests that they are more likely to launch mobile payments. As was done in the study by Boyd, Kannan and Slotegraaf (2019), we include the retailer's intangible asset emphasis (1 minus property, plant, and equipment, divided by total assets), as a retailer's intangible investments are likely to impact its decision to launch mobile apps.…”
Section: Methodsmentioning
confidence: 99%
“…Empirical evidence shows that service innovations, many of which involve the focal use of customer data, also have positive effects on various firm performance outcomes. Innovations that emphasize convenience benefits can have a positive effect on shareholder value, and innovations that increase customer engagement strengthen a firm's relational outcomes and enhance post-purchase success (Lamey et al 2021).…”
Section: 1mentioning
confidence: 99%