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Innovative Research Methodologies in Management: Volume II: Futures, Biometrics and Neuroscience Research PDF

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EDITED BY LUIZ MOUTINHO MLADEN SOKELE INNOVATIVE RESEARCH METHODOLOGIES IN MANAGEMENT VOLUME II: Futures, Biometrics and Neuroscience Research Innovative Research Methodologies in Management Luiz Moutinho • Mladen Sokele Editors Innovative Research Methodologies in Management Volume II: Futures, Biometrics and Neuroscience Research Editors Luiz Moutinho Mladen Sokele University of Suffolk, Suffolk, England, UK Faculty of Electrical Engineering and The University of the South Pacific, Suva, Fiji Computing University of Zagreb Zagreb, Croatia ISBN 978-3-319-64399-1 ISBN 978-3-319-64400-4 (eBook) DOI 10.1007/978-3-319-64400-4 Library of Congress Control Number: 2017954805 © The Editor(s) (if applicable) and The Author(s) 2018 This work is subject to copyright. All rights are solely and exclusively licensed by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and trans- mission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The publisher remains neutral with regard to jurisdictional claims in published maps and institutional affiliations. Printed on acid-free paper This Palgrave Macmillan imprint is published by Springer Nature The registered company is Springer International Publishing AG The registered company address is: Gewerbestrasse 11, 6330 Cham, Switzerland To everyone in the world that kindly resonates with my thoughts…. Luiz Moutinho To my dear son Leo Mladen Sokele Preface I am very grateful to Palgrave for the fact that they were enthusiastic about this project. It has been one of my scholarly “pet” projects for some time. I was also extremely happy that I was able to secure the incredible collaboration of my friend Mladen Sokele as my co-editor of this book. Methodologies are the basis for scientific research. However, scholars often focus on a very limited set of methodologies, partly due to a lack of knowledge about innovative methodologies outside their area. This is especially true in the area of management science. Providing manage- ment scholars with an education about methodologies outside their pri- mary area of expertise is the goal of the proposal made to Palgrave Macmillan, global academic publisher, for a book providing a compre- hensive presentation of innovative research methodologies: Palgrave’s Innovative Research Methodologies in Management. This book is to be positioned as a seminal collection of mind-stretching and thought-provoking research methodology essays. Hopefully, these research methods and topics will greatly enhance the research methodol- ogy “armoury” of management scholars and alter the research “modus operandi” of academic research output and published work. One of the aims of the Innovative Research Methodologies in Management text is to identify and foster methodological research innovation in the academic management field. This book project seeks out research prac- tices that are not highlighted through the majority of academic research vii viii Preface outlets and journals, that are not highlighted typical research method courses or and to have an impact on the research process in novel ways. These innovative methodologies usually entail a combination of (i) tech- nological innovation, (ii) the use of existing theory and methods in new ways, and (iii) interdisciplinary approaches. The project’s focus on inno- vative research practices will range across new philosophical insights into academic research, new experimental designs to new technological research contexts, and new analytical techniques. Departing from the somewhat perennial situation of academic research methodolatry and sci- entism, this tome will be focusing on a series of rigorous methodological advances in many areas. The primary focus relies on emerging and bleeding- edge areas of academic research methodologies in management, making the contents of this book an authoritative source on the applica- tions of these methodologies to management science. Volume 1 is dedicated to the coverage of innovative research method- ologies within the realms of research philosophy, research measurement, and research modeling. Volume 2 is focused on chapters dealing with Futures Research, Biometrics Research, and Neuroscience Research in Management. Chapter 1 (Zarkada, Panigyrakis, and Tsoumaka) introduces a panoply of metamodern mixed methods in management research dealing with Web 2.0+. It discusses metamodern socioeconomic phenomena, mixed methods designs, and sampling integrity, among many other topics. It follows an interesting light analogy and is very robust in terms of theo- retical content. Interesting reflections are also included. In Chap. 2, Hackett and Foxall tackle the topic of neurophilosophy. This is a chapter with a rich theoretical background. There is an interest- ing section on psychological constructs and neurophysiological events. There is also a challenging exploration into mereological understandings. Kip Jones (Chap. 3) deals with emotivity and ephemera research. The content is focused on arts-led and biographical research as well as rela- tional aesthetics. There are some interesting insights into neo emotivism. There is a challenging section on performative social science. There are also interesting comments on experimentation and the experimental redux. Prefac e ix Chapter 4 presents the novel approach—Abductive Thematic Network Analysis (ATNA) using ATLAS-ti written by Komalsingh Rambaree. This chapter introduces ATNA as a methodological approach for qualita- tive data analysis. It starts by providing a brief description on abductive theory of method and thematic analysis method. Then, it highlights how the two methods are combined to create ATNA. Using a qualitative data- set, this chapter demonstrates the steps in undertaking ATNA with a computer-aided qualitative data analysis software—ATLAS-ti v.7.5. The chapter concludes that ATNA provides to researchers a much-needed pragmatic and logical way of reasoning, organizing, and presenting quali- tative data analysis. Sullivan, Lao, and Templin (Chap. 5) deal with diagnostic measure- ment. With diagnostic measurement, the aim is to identify causes or underlying properties of a problem or characteristic for the purposes of making classification-based decisions. The decisions are based on a nuanced profile of attributes or skills obtained from observable character- istics of an individual. In this chapter, the authors discuss psychometric methodologies involved in engaging in diagnostic measurement. They define basic terms in measurement, describe diagnostic classification models in the context of latent variable models, demonstrate an empirical example, and express the broad purpose of how diagnostic assessment can be useful in management and related fields. Yang and Fong (Chap. 6) explore the issues of incremental optimiza- tion mechanism for constructing a balanced, very fast decision tree for big data. Big data is a popular topic that highly attracts attentions of researchers from all over the world. How to mine valuable information from such huge volumes of data remains an open problem. As the most widely used technology of decision tree, imperfect data stream leads to tree size explosion and detrimental accuracy problems. Over-fitting prob- lem and the imbalanced class distribution reduce the performance of the original decision tree algorithm for stream mining. In this chapter, the authors propose an Optimized Very Fast Decision Tree (OVFDT) that possesses an optimized node-splitting control mechanism using Hoeffding bound. Accuracy, tree size, and the learning time are the significant fac- tors influencing the algorithm’s performance. Naturally, a bigger tree size takes longer computation time. OVFDT is a pioneer model equipped x Preface with an incremental optimization mechanism that seeks for a balance between accuracy and tree size for data stream mining. OVFDT operates incrementally by a test-then-train approach. Two new methods of func- tional tree leaves are proposed to improve the accuracy with which the tree model makes a prediction for a new data stream in the testing phase. The optimized node-splitting mechanism controls the tree model growth in the training phase. The experiment shows that OVFDT obtains an optimal tree structure in numeric and nominal datasets. Sokele and Moutinho (Chap. 7) introduce the Bass model with explanatory parameters. Over the 45 years, the Bass model is widely used in the forecasting of new technology diffusion and growth of new products/services. The Bass model has four parameters: market capac- ity; time when product/service is introduced; coefficient of innovation; and coefficient of imitation. Although values of coefficient of innova- tion and coefficient of imitation describe the process of how new prod- uct/service gets adopted as an interaction between users and potential users, their explanatory meaning is not perceptible. These authors explore this important gap. Chapter 8 by Volker Nissen is titled “A Brief Introduction to Evolutionary Algorithms from the Perspective of Management Science.” Summarizing, it is useful to differentiate between several perspectives. From a methodological point of view, the myriad of nature-inspired heu- ristics is rather confusing for casual users and definitely not helpful in creating more acceptance for metaheuristics in practical applications. Moreover, there is evidence (e.g., Weyland 2015; Sörensen 2015) that at least some of the nature-inspired concepts published recently (such as Harmony Search) are rather old wine in new skins. One should better look for over-arching and bearable concepts within evolutionary algo- rithms (EA) and related metaheuristics, putting together a common framework (or toolbox) that integrates different options of solution rep- resentation, search operators, selection mechanisms, constraint-handling techniques, termination criteria, and so on. Fortunately, such frameworks are available today. Then, properly choosing the components for a hybrid heuristic from such a framework requires a deep understanding of which components actually fit together and work well for certain classes of problems or search spaces. Prefac e xi Moreover, following the No-Free-Lunch Theorem (Wolpert and Macready 1997), problem-specific fine-tuning of heuristics remains important to achieve truly good results. Today, much of this is still more an art than a science, despite helpful textbooks like Rothlauf (2011). As a consequence, there are lots of interesting research issues to be solved along these lines. This process is indeed ongoing for several years now, but, as Sörensen et al. (2016) point out, also bypassed by useless initia- tives to invent ever “new” nature-inspired heuristics. For more than 20 years now, EA have become integrated in business software products (e.g., for production planning), so that, as a result, the end user is often unaware that an evolutionary approach to problem solv- ing is employed (Nissen 1995). Today, large software companies like SAP use EA in their enterprise software. However, since customizing options are limited in these systems, it appears fair to say that the full power of EA is frequently not unleashed by such standardized approaches. This con- fronts us with a dilemma. Simple forms of EA that can be fairly easily understood and applied widely are of only limited power. If we want to use metaheuristics like EA to full extent, then this requires knowledge and experience in their design and application. Most users have neither the qualification nor the time to dive that deep into the matter. According to my own observations as an IT consultant, this unfortunately also holds for most consultants that could potentially help customers in applying modern heuristics. Thus, creating really powerful applications of EA today is frequently an issue for only a small number of highly specialized IT companies. This situation is unsatisfactory and could only be changed if the design and application of modern heuristics becomes an important topic in general management studies at universities and related higher learning institutions. The author argues that this should indeed be the case, because in today’s digital era, there is strong evidence that we are entering an age of knowledge-based competition where a qualified work- force that is able to creatively use modern tools for data mining, ad-hoc reporting, heuristic optimization, artificial intelligence, and so on will make the difference in many branches of industry. Volker Nissen also kindly contributes to Chap. 9 on applications of EA to management problems. EA (or Evolutionary Computation) represent as nature-inspired metaheuristics a branch of computational intelligence

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