• HOME
  • NEWS
  • EXPLORE
    • CAREER
      • Companies
      • Jobs
    • EVENTS
    • iGEM
      • News
      • Team
    • PHOTOS
    • VIDEO
    • WIKI
  • BLOG
  • COMMUNITY
    • FACEBOOK
    • INSTAGRAM
    • TWITTER
Friday, August 1, 2025
BIOENGINEER.ORG
No Result
View All Result
  • Login
  • HOME
  • NEWS
  • EXPLORE
    • CAREER
      • Companies
      • Jobs
        • Lecturer
        • PhD Studentship
        • Postdoc
        • Research Assistant
    • EVENTS
    • iGEM
      • News
      • Team
    • PHOTOS
    • VIDEO
    • WIKI
  • BLOG
  • COMMUNITY
    • FACEBOOK
    • INSTAGRAM
    • TWITTER
  • HOME
  • NEWS
  • EXPLORE
    • CAREER
      • Companies
      • Jobs
        • Lecturer
        • PhD Studentship
        • Postdoc
        • Research Assistant
    • EVENTS
    • iGEM
      • News
      • Team
    • PHOTOS
    • VIDEO
    • WIKI
  • BLOG
  • COMMUNITY
    • FACEBOOK
    • INSTAGRAM
    • TWITTER
No Result
View All Result
Bioengineer.org
No Result
View All Result
Home NEWS Science News

Exploring the impact of attentional uniqueness and attentional allocation on firm growth

by
August 8, 2024
in Science News
Reading Time: 4 mins read
0
Share on FacebookShare on TwitterShare on LinkedinShare on RedditShare on Telegram

According to the attention-based view, a firm’s actions and growth performance are directly influenced by its attentional allocation to specific issues. The consequences of organizational attention are reflected in the firm’s strategic decision-making and adaptability. However, existing literature is limited in its exploration of how a firm’s attentional uniqueness impacts its behavior and performance. Notably, attentional uniqueness refers to how the firm’s attentional allocation diverges from competitors in the same industry.

How Unique Attention Patterns Drive Success

Credit: Junichi Yamanoi from Waseda University

According to the attention-based view, a firm’s actions and growth performance are directly influenced by its attentional allocation to specific issues. The consequences of organizational attention are reflected in the firm’s strategic decision-making and adaptability. However, existing literature is limited in its exploration of how a firm’s attentional uniqueness impacts its behavior and performance. Notably, attentional uniqueness refers to how the firm’s attentional allocation diverges from competitors in the same industry.

To address the above-mentioned knowledge gap, Associate Professor Takumi Shimizu of Keio University led a study that examined the relationship between attentional uniqueness and firm performance, mediated by the frequency of growth actions. It was co-authored by Associate Professor Junichi Yamanoi and Associate Professor Susumu Nagayama from Waseda University and Hitotsubashi University, respectively, and published in the Journal of Management Studies on 23 June 2024.

Yamanoi remarks, “We observed variations in the issues that different firms focus on and were interested in exploring the behavioral and performance consequences of these differences.”

Using the structural topic model, an unsupervised machine learning technique in natural language processing, the researchers examined publicly listed companies on the Tokyo Stock Exchange from 2004 to 2016 as their sample. A total of 9,366 observations were finalized from 986 firms. The data collection process involved extracting raw text and focusing on strategic agendas and managerial issues outlined in the reports.

After thorough analysis, the researchers discovered an inverted U-shaped relationship between attentional uniqueness and firm performance, indicating that firms achieve optimal performance with a balanced level of attentional uniqueness. Both too much and too little divergence in focus can be detrimental to performance. Additionally, the frequency of growth actions, which are initiatives aimed at capitalizing on opportunities, plays a mediating role in this relationship. This inverted U-shaped relationship is further pronounced in environments with scarce opportunities, demonstrating that a moderately unique attentional focus is required in the absence of market opportunities.

The researchers illustrate how organizational attention can drive growth actions with the example of Toyota’s development of the Prius. In 1993, Eiji Toyoda, then-chairman of Toyota, questioned the sustainability of current trends and emerging challenges in the automobile industry, leading to the formation of a project committee. This committee identified ‘resources’ and ‘environment’ as crucial issues for future vehicles. By 1997, Toyota introduced the Prius, a gasoline-electric hybrid designed to address these environmental challenges, significantly improving fuel efficiency and reducing air pollution. While Toyota focused on these forward-looking issues, competitors like General Motors remained fixated on traditional concerns such as model variety, design, and conventional engine performance. Consequently, they were slow to respond to the innovative launch of the Prius.

Yamanoi emphasizes, “We propose practical implications for managers aiming to pursue firm growth through proactive actions. Managers are encouraged to direct their focus towards issues that are relatively distinct from those of their competitors.”

The findings of the present study indicate that, while monitoring competitors often focus on tangible aspects, such as market positioning or strategic initiatives, it is crucial to also pay attention to how competitors allocate their attention and the underlying assumptions they make about managerial issues. This approach is particularly pertinent for managers operating in mature industries, where growth opportunities are scarce. Recognizing the importance of attentional uniqueness can empower a firm to identify and seize growth opportunities that might otherwise go unnoticed. By understanding and acting upon unique insights, firms can initiate growth actions that capitalize on these opportunities.

Overall, this study marks a notable advancement in our understanding of the strategic importance of attentional uniqueness. It highlights the nuanced ways in which firms can harness their unique perspectives to drive performance and achieve lasting success.

 

***

 

Reference

DOI: 10.1111/joms.13122

 

Authors: Takumi Shimizua, Susumu Nagayamab, and Junichi Yamanoic

 

Affiliations         

aKeio University

bHitotsubashi University

cWaseda University

 

About Waseda University
Located in the heart of Tokyo, Waseda University is a leading private research university that has long been dedicated to academic excellence, innovative research, and civic engagement at both the local and global levels since 1882. The University has produced many changemakers in its history, including nine prime ministers and many leaders in business, science and technology, literature, sports, and film. Waseda has strong collaborations with overseas research institutions and is committed to advancing cutting-edge research and developing leaders who can contribute to the resolution of complex, global social issues. The University has set a target of achieving a zero-carbon campus by 2032, in line with the Sustainable Development Goals (SDGs) adopted by the United Nations in 2015.

To learn more about Waseda University, visit https://www.waseda.jp/top/en

 

About Associate Professor Junichi Yamanoi
Junichi Yamanoi is an Associate Professor at the School of Commerce, Waseda University, Japan. He received a Ph.D. in Business Administration from the University of Connecticut, USA. His research focuses on strategic management, including diverse topics such as managerial psychological characteristics, the interplay of competition and cooperation, mergers and acquisitions, foreign direct investment, and family firms.



Journal

Journal of Management Studies

DOI

10.1111/joms.13122

Method of Research

Observational study

Subject of Research

Not applicable

Article Title

Attentional Uniqueness and Firm Performance: The Mediating Role of Growth Actions

Article Publication Date

23-Jun-2024

Share12Tweet8Share2ShareShareShare2

Related Posts

RNF8/OPTN/KDM6A Axis Regulates Testicular Macrophages

RNF8/OPTN/KDM6A Axis Regulates Testicular Macrophages

August 1, 2025
Metabolite Transporters Coordinate Glucose and Energy Fluxes

Metabolite Transporters Coordinate Glucose and Energy Fluxes

August 1, 2025

Blocking UCP2 Stops β Cell Inflammation in T2DM

August 1, 2025

Multimodal AI Predicts Thyroid Cancer Spread via Ultrasound

August 1, 2025

POPULAR NEWS

  • Blind to the Burn

    Overlooked Dangers: Debunking Common Myths About Skin Cancer Risk in the U.S.

    60 shares
    Share 24 Tweet 15
  • Dr. Miriam Merad Honored with French Knighthood for Groundbreaking Contributions to Science and Medicine

    46 shares
    Share 18 Tweet 12
  • Study Reveals Beta-HPV Directly Causes Skin Cancer in Immunocompromised Individuals

    37 shares
    Share 15 Tweet 9
  • Sustainability Accelerator Chooses 41 Promising Projects Poised for Rapid Scale-Up

    35 shares
    Share 14 Tweet 9

About

We bring you the latest biotechnology news from best research centers and universities around the world. Check our website.

Follow us

Recent News

RNF8/OPTN/KDM6A Axis Regulates Testicular Macrophages

Metabolite Transporters Coordinate Glucose and Energy Fluxes

Blocking UCP2 Stops β Cell Inflammation in T2DM

  • Contact Us

Bioengineer.org © Copyright 2023 All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Homepages
    • Home Page 1
    • Home Page 2
  • News
  • National
  • Business
  • Health
  • Lifestyle
  • Science

Bioengineer.org © Copyright 2023 All Rights Reserved.