How the Resource-based and the Dynamic Capability Views of the Firm Inform Corporate-level Strategy

This paper explains that the resource‐based view essentially addresses issues of competitive strategy, but by integrating some arguments from its evolutionary version, the dynamic capability view, it can be extended to inform our understanding of corporate‐level strategy. We concentrate on the issue of value creation from corporate centres and ask how the centre can possess or provide resources. The primary dynamic capabilities identified by Teece, Pisano and Shuen (1997) are elaborated into six distinct modes of resource creation. Each mode is considered in relation to a set of organizational design parameters. We then propose resource‐creating configurations that are congruent with respect to the modes and the required states of the design parameters. We point out areas of tension that are likely to arise if corporations try to combine different modes of resource creation. We conclude that corporate centres may possess resources but must display dynamic capabilities otherwise they will destroy shareholder value.     

New Scoring Method of the Family Drawing for Sexually Abused Preschoolers

This study assesses whether the global psychological adjustment score on the family drawing, derived with a new scoring method, can predict the presence of internalized and externalized behavior problems among sexually abused children. A family drawing was completed by 78 sexually abused children, and three questionnaires were administered to the nonoffending parent. The results indicate that a poorer global psychological adjustment score on the family drawing is associated with a higher probability of clinical thresholds for internalized and externalized behavior problems in children who have been sexually abused, even when controlling for parents’ psychological distress, child's age, number of stressful events experienced by the child, and type of sexual abuse.     

Decision‐making in drug development using a composite definition of success

Evidence‐based quantitative methodologies have been proposed to inform decision‐making in drug development, such as metrics to make go/no‐go decisions or predictions of success, identified with statistical significance of future clinical trials. While these methodologies appropriately address some critical questions on the potential of a drug, they either consider the past evidence without predicting the outcome of the future trials or focus only on efficacy, failing to account for the multifaceted aspects of a successful drug development. As quantitative benefit‐risk assessments could enhance decision‐making, we propose a more comprehensive approach using a composite definition of success based not only on the statistical significance of the treatment effect on the primary endpoint but also on its clinical relevance and on a favorable benefit‐risk balance in the next pivotal studies. For one drug, we can thus study several development strategies before starting the pivotal trials by comparing their predictive probability of success. The predictions are based on the available evidence from the previous trials, to which new hypotheses on the future development could be added. The resulting predictive probability of composite success provides a useful summary to support the discussions of the decision‐makers. We present a fictive, but realistic, example in major depressive disorder inspired by a real decision‐making case.     

Midnight regulations and the Cinderella effect

Recent studies have shown preliminary evidence of a tendency for outgoing administrations to generate a flurry of last-minute regulatory activity. This so-called Cinderella effect is described as resulting from the combination of an administration being in power yet, because it is out-going, not being subject to political ramifications from its actions. In this paper, we look at monthly regulatory activity over the past 30 years and compare the baseline growth in regulations (measured using the proxy of pages in the Federal Register) to the growth immediately following a Presidential election when the sitting President is re-elected, not re-elected, and when the party in control of the White House changes. We find significant evidence supporting the existence of a Cinderella effect.     

A new process for modeling heartbeat signals during exhaustive run with an adaptive estimator of its fractal parameters

This paper is devoted to a new study of the fractal behavior of heartbeats during a marathon. Such a case is interesting since it allows the examination of heart behavior during a very long exercise in order to reach reliable conclusions on the long-term properties of heartbeats. Three points of this study can be highlighted. First, the whole race heartbeats of each runner are automatically divided into several stages where the signal is nearly stationary and these stages are detected with an adaptive change points detection method. Secondly, a new process called the locally fractional Gaussian noise (LFGN) is proposed to fit such data. Finally, a wavelet-based method using a specific mother wavelet provides an adaptive procedure for estimating low frequency and high frequency fractal parameters as well as the corresponding frequency bandwidths. Such an estimator is theoretically proved to converge in the case of LFGNs, and simulations confirm this consistency. Moreover, an adaptive chi-squared goodness-of-fit test is also built, using this wavelet-based estimator. The application of this method to marathon heartbeat series indicates that the LFGN fits well data at each stage and that the low frequency fractal parameter increases during the race. A detection of a too large low frequency fractal parameter during the race could help prevent the too frequent heart failures occurring during marathons.     

Close Encounters: Minority and Majority Perceptions of Discrimination and Intergroup Relations in Antwerp,Belgium

Increasing numbers of second‐generation Muslims are highly qualified and locally embedded in today's European cities. This does not protect them, however, from experiencing discrimination in intergroup encounters in school, at work, or in the street. Taking an approach from local intergroup relations between ethnic minorities and the majority society, we draw on the TIES (The Integration of the European Second Generation) surveys to compare Turkish and Moroccan minorities and majority Belgians in Antwerp, Belgium. Our research aims (1) to establish minority and majority perspectives on (reverse) personal discrimination (2) in different life domains, and (3) to differentiate internally between gender, socioeconomic attainments, and local climates. Structural equation models show minority and majority group perspectives on discrimination as gendered and situated intergroup encounters in socioeconomic and civic domains of life.