Monthly Archives: April 2025

New Research Finds Resilient Entrepreneurs Navigate Emotional Highs and Lows with Greater Ease

Entrepreneurship is often described as a turbulent emotional journey punctuated by soaring excitement and periods of profound doubt. Yet, new research published in the Strategic Entrepreneurship Journal suggests that entrepreneurs with high psychological resilience experience far fewer emotional ups and downs than their less resilient peers. Rather than being swept along by the volatile nature of business ownership, these individuals appear better equipped to maintain a sense of emotional steadiness—even during periods of stress or uncertainty.

Led by Dr. Lauren A. Zettel, Assistant Professor of Entrepreneurship at Central Michigan University’s College of Business Administration, the study explores how resilience influences entrepreneurs’ day-to-day emotional experiences. While previous research has established a link between resilience and overall emotional positivity, Dr. Zettel’s work examines how resilience affects the fluctuation of emotions over time. This subtle but significant distinction offers more profound insight into how resilient entrepreneurs might be better prepared to feel good and remain emotionally consistent.

The research team collected data from 163 technology entrepreneurs to investigate this dynamic. Participants first completed an online assessment measuring their psychological resilience and describing a significant challenge they had recently faced in their business. Over 10 days, these entrepreneurs reported daily on their emotional states, work effort, and any new challenges they encountered. This longitudinal design allowed researchers to trace how emotions varied from one day to the next in terms of both individual resilience levels and ongoing entrepreneurial demands.

The results were telling. Entrepreneurs with higher resilience scores demonstrated less emotional fluctuation throughout the study period. In contrast to the conventional image of the entrepreneur as a figure constantly oscillating between excitement and despair, the data suggest that resilient individuals experience a more balanced emotional landscape. This sense of equilibrium was linked to more stable work efforts, suggesting that emotional consistency may help fuel sustained motivation and productivity.

Equally noteworthy was the finding that emotional instability influenced the amount of energy entrepreneurs invested in their work. Participants who experienced wider swings—especially in negative emotions—were likelier to report changes in how long or intensely they worked. According to Dr. Zettel, these emotional swings can be taxing: “Entrepreneurs who maintain a more even emotional keel are better able to conserve their psychological resources. They’re less likely to become depleted and more capable of navigating the daily business demands.”

These findings have important implications for entrepreneurs, educators, and mental health professionals. Instead of focusing exclusively on minimising negative emotions or encouraging unrelenting positivity, the research points to the benefits of cultivating emotional stability. Building resilience may be one of the most effective ways entrepreneurs can protect their well-being, regulate their energy, and maintain consistent performance in the face of inevitable challenges. For those weathering the emotional storms of entrepreneurship, this study offers a compelling message: resilience helps you recover and stay grounded.

More information: Lauren A. Zettel, Rethinking the rollercoaster: Resilience and affect in entrepreneurship, Strategic Entrepreneurship Journal. DOI: 10.1002/sej.1533

Journal information: Strategic Entrepreneurship Journal Provided by Strategic Management Society

Sales Quotas Aren’t One-Size-Fits-All

Sales quotas have long been a staple in boosting performance, serving as a tried-and-tested mechanism to incentivise sales teams. However, their effectiveness is far from guaranteed. According to a 2022 survey by Salesforce, only 28% of sales professionals were reaching their targets, highlighting a gap between the intended motivational impact of quotas and actual performance outcomes. This disconnect raises essential questions about how sales incentives are structured and whether they truly reflect the diverse motivations of those they aim to engage.

Recent research from the McCombs School of Business at the University of Texas sheds new light on this issue by examining how different types of salespeople respond to quota cycles of varying lengths. Doug Chung, associate professor of marketing, has found that individual attitudes toward time—specifically, how people value present versus future rewards—play a crucial role in determining the effectiveness of sales quotas. Future-oriented people tend to excel when working towards longer-term goals, as they are motivated by the promise of a significant reward at the end of an extended period. Conversely, more present-focused salespeople tend to disengage when faced with distant goals and instead thrive on more immediate, short-term incentives.

Chung illustrates this with a simple but telling example: if someone does not value future rewards, they will unlikely exert effort in January for a bonus that may only materialise in December. Such individuals, he argues, require “pacers”—frequent, tangible incentives to sustain their motivation throughout the quota period. To test this theory, Chung collaborated with Byungyeon Kim of the University of Minnesota and Byoung Park of the University at Albany, SUNY, in studying a Swedish electronics retailer with 100 store locations. This company had been using a monthly sales quota system but observed a troubling pattern: if sales were sluggish during the early days of the month—perhaps due to pleasant weather drawing customers outdoors—employees often gave up on meeting their targets altogether.

In response, the company transitioned midyear from monthly quotas to daily ones, aiming to reinvigorate its sales force and counteract early-cycle apathy. Chung and his colleagues analysed performance data before and after this change, with telling results. Sales among low-performing staff improved significantly under the daily quota structure. These shorter cycles offered more frequent opportunities for success, preventing the early-month disengagement plaguing the monthly system. “These short quota cycles benefit the less motivated salespeople,” says Chung. “It motivated them not to give up.” Interestingly, top performers experienced a slight decline in performance under the new system, possibly due to the interruption of longer-term momentum. However, overall sales variability decreased, making business forecasting more reliable.

These findings support the argument that sales quota design should be more tailored, considering the differing motivational drivers among employees. Shorter quota cycles appear especially useful in energising lower-performing or less future-motivated salespeople, whereas longer cycles may better suit high performers who can maintain long-term focus. Chung stresses that while time preference is a significant factor, it is not the only consideration. The nature of the product or industry also matters. Extended quota periods may be necessary in some sectors, such as those with long sales cycles or complex procurement processes. However, long cycles also introduce risks—such as illness or absence—that can disrupt progress over time.

Looking ahead, Chung is exploring an innovative approach to sales compensation: allowing employees to choose the quota cycle that best suits their working style. Some start-ups have already adopted this model, offering flexibility to their sales teams. Yet widespread adoption remains limited, mainly due to concerns around fairness and cultural cohesion within organisations. “Once sales comp is different, even if the salesperson selected it, they might question its fairness,” Chung explains. Ultimately, the research suggests that moving beyond a uniform model and recognising the diverse motivational profiles of employees may lead to more effective, adaptable sales strategies—and better performance outcomes across the board.

More information: Doug Chung et al, Time Dependence and Time Preference: Implications for Compensation Structure, Marketing Science. DOI: 10.1287/mksc.2022.0037

Journal information: Marketing Science Provided by University of Texas at Austin

Strategic Approaches to Logistics in Platform-Based Supply Chains: An Integrated Perspective

In a recent publication in Engineering, scholars Lin Chen, Ting Dong, Xiang Li, and Xiaofeng Xu undertook a systematic review of logistics service strategies within platform supply chains (PSCs). As the platform economy experiences rapid expansion, PSCs have become a fundamental component of global economic infrastructure. Within this context, the role of logistics engineering management has grown more pivotal, ensuring the efficient functioning of supply chain operations mediated through digital platforms.

The study categorises logistics service strategies in PSCs into three principal models: self-built logistics (SBL), third-party logistics (3PL), and logistics service sharing (LSS). The SBL model, as exemplified by companies like JingDong (JD), provides platforms with heightened control over their logistics processes. This approach supports fast, reliable delivery services but necessitates considerable capital investment and infrastructure development. In contrast, the 3PL model, utilised extensively by platforms such as Pinduoduo, enables firms to delegate logistics operations to specialised external providers. This arrangement allows companies to reduce operational expenditures and concentrate on their core competencies.

Meanwhile, LSS has emerged as a novel and collaborative alternative that builds upon the foundation of SBL and 3PL. It encourages the sharing of logistics resources among multiple firms, with shared platforms like Deliv serving as prominent examples. This model aims to enhance logistics efficiency and flexibility through cooperative infrastructure usage.

Drawing upon a diverse sample of scholarly articles from major academic databases, the researchers identified several key themes that dominate the current discourse on logistics strategy in PSCs. For SBL and 3PL models, scholars have focused on optimising logistics strategies to maximise value for PSC participants. These inquiries frequently explore how logistics-related elements influence broader platform operations, including decisions about channel structure, platform entry timing, and sales models. Trade-offs between service costs and quality often shape the choice between adopting an SBL or 3PL approach. Other influencing factors include branding, competitive dynamics, market potential, and distribution channel configuration.

The study finds that logistics service sharing (LSS) is gaining attention as a strategic complement to traditional logistics models. Current research hotspots within LSS include channel strategies, partner selection mechanisms, and competitive dynamics in logistics service provision. Among the critical variables affecting LSS adoption, service cost remains the most influential, while consumer preferences, competitive intensity, and market prospects also play significant roles. The cooperative nature of LSS introduces unique analytical complexities, as it involves multiple stakeholders simultaneously engaging in collaboration and competition.

The study further outlines several promising avenues for future research. One crucial direction involves examining the interplay of SBL and 3PL strategies within multiparty and multiplatform ecosystems. While much of the existing literature centres on single-platform contexts, the reality of PSCs is marked by inter-platform competition and cooperation, which necessitates more nuanced models. Another suggested area of exploration is the role of consumer preference for environmentally sustainable logistics, particularly in light of China’s strategic focus on green technology innovation. A third area involves incorporating elements of risk and uncertainty into logistics strategy frameworks—an increasingly urgent consideration given the unpredictability of global supply chains.

Technological innovation introduces challenges and opportunities for the evolution of logistics service strategies. The increasing availability of real-time data improves supply chain visibility and facilitates more responsive decision-making regarding logistics model selection. At the same time, advancements in intelligent automation—such as robotics—are reshaping the efficiency and scalability of logistics operations. Furthermore, the tightening of environmental regulations and the introduction of green policy frameworks are expected to influence PSC participants to adopt more ecologically responsible logistics practices, potentially transforming the landscape of logistics decision-making.

This research offers a comprehensive and integrative perspective on logistics service strategies within platform supply chains. It bridges theoretical exploration with practical application, furnishing valuable insights for scholars and practitioners. The study highlights the strategic, technological, and environmental considerations involved in logistics decisions and contributes to a more informed and agile approach to managing logistics in digitally mediated supply networks. Platform-based firms, in particular, stand to benefit from these findings as they navigate complex trade-offs between cost, service quality, market competitiveness, and sustainability in the evolving logistics ecosystem.

More information: Lin Chen et al, Logistics Engineering Management in the Platform Supply Chain: An Overview from Logistics Service Strategy Selection Perspective, Engineering. DOI: 10.1016/j.eng.2024.12.032

Journal information: Engineering Provided by Higher Education Press

Layered Job Skill Hierarchies Highlight the Value of Foundational Education

Mastery begins with a firm grounding in foundational competencies in many professional fields. Whether it is a computer programmer requiring a robust grasp of basic mathematics, a nurse building clinical acumen before progressing to the role of a nurse practitioner, or a negotiator whose persuasive capacity rests on clear communication and active listening, initial skill development is essential. These early proficiencies form the bedrock upon which more complex, specialised abilities are constructed. Without this grounding, advancement within a profession becomes difficult and, in many cases, unfeasible.

A recent study in Nature Human Behaviour offers a novel empirical framework for understanding this phenomenon. Drawing from millions of job transitions and extensive data from U.S. workplace surveys, the researchers mapped the interdependencies among job-related skills. Their findings revealed a distinct “nested” structure within many professions, where more advanced competencies are built upon the mastery of broader, more general skill sets. This structure is not merely academic; it has tangible consequences for economic inequality, workforce stratification, and career mobility within today’s increasingly specialised labour market.

Lead author Moh Hosseinioun, a postdoctoral fellow at Northwestern University, highlights this layered dynamic: “We found that many skills aren’t just complementary — they’re interdependent in a directional way, acting as prerequisites for others, snowballing layer over layer to get to more specialised knowledge.” In this schema, professional advancement resembles a scaffolding in which one must secure basic rungs before accessing more specialised tiers. Such an architecture fosters cumulative learning, where each successive level is contingent upon mastery of the previous.

The research’s origins lie in a broader inquiry into how occupational categories like “white-collar” and “blue-collar” emerge. According to SFI External Professor Hyejin Youn of Seoul National University, a corresponding author on the study, the distinction often lies in the specialisation mode. Knowledge-intensive careers typically demand extensive educational investment and prolonged training, whereas more physically oriented roles can be learned through on-the-job experience. This dichotomy suggests a fundamental divergence in how various sectors approach skill acquisition and professional growth.

Youn further draws a compelling analogy from ecology to describe how this nested structure unfolds. Like ecological succession — in which microbes prepare the soil for plants, which sustain herbivores and eventually predators — human cognitive development proceeds in stages. “Advanced problem-solving — like solving partial differential equations — first depends on mastering arithmetic, understanding mathematical notation, and grasping logical principles,” she notes. Foundational educational skills are akin to the early organisms that create the conditions for more complex forms of life, or in this case, higher-order reasoning.

Although the hierarchical nature of skill development may seem self-evident, the implications are far from trivial. The researchers found that the most deeply nested skills are associated with longer educational timelines, higher wage premiums, and more excellent resistance to automation. As skill chain complexity increases, so does the exclusivity of roles positioned at their apex. This deepening stratification risks intensifying job market polarisation, particularly for individuals who lack access to strong educational foundations early in life.

This structural reality presents significant challenges for policymakers. The growing entrenchment of nested skill hierarchies may hinder social mobility, limiting access to higher-wage professions for those without early exposure to foundational education. As Youn cautions, “The more we become specialised and nested, the more inequality and disparity across the labour market will occur.” The findings suggest that while well-intentioned, short-term ‘reskilling’ initiatives may be ineffective unless paired with sustained investment in basic educational infrastructure.

Educational institutions are also implicated in this shifting landscape. A growing trend among universities to prioritise market-ready skills over general foundational learning may backfire in the long term. By neglecting the essential building blocks of reasoning, analysis, and communication, graduates may find themselves ill-equipped to develop the specialised skills that today’s labour markets increasingly demand. The erosion of foundational learning could thus inadvertently diminish future adaptability and career resilience.

Finally, the advent of artificial intelligence introduces new complexities. As AI systems, huge language models, become adept at handling fundamental tasks, a pressing question arises: does outsourcing these skills facilitate or inhibit human learning? “Large language models are unprecedented in how they target fundamental skills,” notes Hosseinioun. While such technologies might accelerate access to specialised knowledge by bypassing certain learning stages, they could also undermine our capacity to develop the competencies on which advanced reasoning depends. In an era of accelerating technological change, the challenge lies in acquiring knowledge and understanding how its acquisition is structured — and what that means for individuals and societies alike.

More information: Moh Hosseinioun et al, Skill dependencies uncover nested human capital, Nature Human Behaviour. DOI: 10.1038/s41562-024-02093-2

Journal information: Nature Human Behaviour Provided by Santa Fe Institute

Taking Credit for Colleagues’ Ideas Damages Vital Knowledge Resources, New Study Finds

If you’ve ever put forward a thoughtful idea in a meeting, only to hear it echoed by someone else moments later—with them receiving all the praise—you’re not alone. This frustrating experience isn’t simply bad manners; it’s a widespread organisational problem with significant consequences. According to Professor David Zweig of the University of Toronto, knowledge theft is more common than expected. It seriously threatens the culture of collaboration that underpins innovative and high-performing workplaces.

Professor Zweig, who teaches organisational behaviour and human resources at the University of Toronto Scarborough and the Rotman School of Management, began paying close attention to this phenomenon after witnessing it. During a routine meeting, he noticed one colleague offer an idea that was ignored—only for that idea to be repeated later by someone else, who received a positive response. Crucially, the original contributor went unacknowledged. It happened more than once, and that pattern sparked Zweig’s interest. “I noticed that this happened repeatedly,” he says. “So I started paying attention to how people did or did not credit the work of others.”

An extensive research program followed involving more than 1,500 workers across various industries in Canada, the United States, and the United Kingdom. The goal was to investigate knowledge theft as a distinct form of workplace deviance, examine how often it occurs, how it might be reliably measured, and what broader effects it has on organisational functioning. Zweig and his colleagues found that knowledge theft—deliberately claiming unjustified ownership over another person’s ideas, contributions, or solutions—was far more prevalent than anticipated.

In fact, in one of their studies, 91 per cent of participants reported having experienced knowledge theft in some capacity: as a victim, a witness, or a perpetrator. This suggests the problem is systemic rather than isolated. Unlike accidental oversight, knowledge theft involves an intentional act—rephrasing a colleague’s suggestion in a meeting, omitting contributors from presentations, or taking sole credit for collaborative work. And the damage caused by such behaviour extends well beyond individual feelings of resentment or betrayal.

For those who find themselves victims of this misconduct, the fallout can be profoundly demoralising. Zweig’s research indicates that affected individuals often become guarded and reluctant to share their knowledge in the future. Some reported actively concealing information or withholding support from co-workers, particularly those they no longer trusted. Others described an urge to retaliate through subtle interpersonal sabotage, such as making critical comments or avoiding cooperation. Most concerningly, these responses were not confined to the original workplace—victims carried them into new environments, suggesting a lasting emotional and behavioural impact.

This creates what Zweig calls “a toxic environment,” where openness and collaboration are replaced by distrust and self-protection. When ideas are consistently stolen or unrecognised, employees perceive knowledge-sharing as risky rather than rewarding. As a result, the free flow of information slows, innovation is stifled, and the organisation’s overall productivity suffers. Knowledge—the lifeblood of competitive advantage in most modern firms—becomes siloed, hoarded, and underutilised.

The role of leadership is pivotal in either fuelling or curbing this behaviour. When managers ignore incidents of knowledge theft or reward those who engage in it, they legitimise and encourage such conduct. Over time, this erodes psychological safety in teams and undermines the credibility of performance evaluation systems. Zweig urges leaders to “call it out” whenever they see knowledge theft occur. “They need to be very cognisant that this happens. It can’t be normalised,” he insists.

To mitigate the problem, Zweig and his colleagues recommend a shift towards team-based recognition and rewards. By acknowledging collective achievements rather than spotlighting individual contributions, organisations can reduce the incentive to claim sole credit and foster a stronger culture of mutual respect. This approach not only encourages collaboration but also better aligns with the realities of how most work gets done—through shared effort, brainstorming, and support.

The implications of this research extend far beyond the academic realm. Zweig is writing a book on the subject, to be published by Rotman-UTP Publishing, which will explore the nuances of knowledge theft and its organisational consequences in greater detail. As the modern workplace continues to evolve, his work offers a timely reminder that while knowledge may be intangible, its value is immense—and that protecting the channels through which it flows is crucial to the success of any enterprise.

More information: David Zweig et al, It’s mine but you took it: knowledge theft as a barrier to organizational knowledge management efforts, Journal of Knowledge Management. DOI: 10.1108/jkm-07-2023-0653

Journal information: Journal of Knowledge Management Provided by University of Toronto, Rotman School of Management

Understanding Psychological Contract Theory in App-Based and Gig Work Contexts

Psychological contracts refer to the implicit beliefs and informal expectations that underpin the relationship between workers and their employers. Traditionally understood as personal and relational, these contracts involve mutual perceptions of obligation, trust, and reciprocity. However, the rise of platform-mediated, algorithmically managed work within the gig economy presents new challenges to this conceptual framework. Digital labour platforms such as Uber, Deliveroo, and Fiverr operate as intermediaries between service providers and customers, replacing traditional management structures with automated systems that assign tasks, monitor performance, and enforce behavioural norms without direct human involvement.

In response to these shifts, researchers from Carnegie Mellon University, University College Cork, and the University of Limerick have proposed a novel expansion of psychological contract theory. Published in the Human Resource Management Journal, their article examines whether workers can develop psychological contracts with non-human agents—particularly with the algorithms that increasingly govern their work lives. As Professor Denise M. Rousseau of Carnegie Mellon notes, understanding how such contracts emerge and operate among app-based workers is essential to grasp the broader implications of digitalised labour relations. The study challenges existing assumptions and calls for a reconceptualisation of the psychological contract in light of technological transformation.

The authors argue that the algorithm should be considered a new organisational party within the employment relationship. Drawing from cognitive psychology, particularly the theory of mind, they explore how workers might attribute human-like qualities—such as intentions, preferences, and expectations—to the algorithmic systems they interact with daily. This human tendency to anthropomorphise non-human agents is well documented. It helps explain why a gig worker might perceive the algorithm not merely as a tool but as an actor with whom they have a relationship shaped by mutual expectations.

Such anthropomorphism may lead to developing psychological contracts with the algorithm itself. Workers might come to expect fairness, respect, responsiveness, or even loyalty from the algorithmic system, just as they would from a human supervisor. This introduces socioemotional elements into what is often assumed to be a purely transactional relationship. According to the authors, when workers believe the algorithm is capable of ‘thinking’ or ‘judging,’ they may expand the range of perceived exchanges to include non-material resources like recognition, dignity, or trust—expectations that can significantly influence job satisfaction and behaviour.

The article also highlights the importance of these findings for human resource management. As Ultan Sherman of University College Cork observes, the algorithm is not a neutral intermediary but a central actor shaped by those who design and maintain it. Understanding how workers interpret the algorithm’s role and their expectations can help organisations anticipate behavioural patterns, prevent perceived contract breaches, and foster better engagement. By acknowledging that workers form meaningful psychological ties even with non-human agents, HR professionals can tailor communication and policy strategies more effectively in algorithmically managed environments.

The research offers a compelling case for updating psychological contract theory to accommodate the realities of digitally mediated work. Although the interface has shifted from human to algorithm, the fundamental psychological processes that govern workers’ interpretations of obligation and reciprocity remain in play. As gig work continues to reshape labour markets globally, recognising the role of non-human agents in employment relationships is critical for scholars and practitioners alike. This evolving understanding will deepen theoretical insight and help ensure that emerging forms of work are managed ethically and sustainably.

More information: Ultan Sherman et al, Anthropomorphising the Algorithm: A ‘Theory of Mind’ Perspective on Psychological Contract Creation in Gig Work Arrangements, Human Resource Management Journal. DOI: 10.1111/1748-8583.12599

Journal information: Human Resource Management Journal Provided by Carnegie Mellon University

Ministers Pressed to Address Inequality in Access to Green Technologies such as Solar Power and Electric Vehicles

According to a recent study from the University of Sheffield, to achieve its ambitious net-zero emissions goals by 2050, the UK government must do more than offer subsidies for low-carbon technologies (LCTs) like electric vehicles and solar panels. Developed in collaboration with researchers from the universities of Nottingham and Macedonia, the report highlights significant socioeconomic disparities limiting uptake among disadvantaged groups despite overall increasing adoption.

In recent years, the number of UK households using solar panels for electricity generation has more than doubled, from 3 per cent to 6.5 per cent. Similarly, solar heating technology adoption rose from 1.4 per cent to 2.1 per cent, and electric or hybrid vehicle usage increased from under 1 per cent to 2.8 per cent. These trends indicate growing national acceptance of low-carbon technologies, yet socioeconomic inequalities remain a considerable barrier.

The study identifies age, education, occupation, ethnicity, and gender as significant influences individuals’ ability to invest in these technologies. Dr Andrew Burlinson from the University of Sheffield’s School of Economics highlighted that current policies inadequately support disadvantaged groups, exacerbating existing inequalities and limiting their resilience to fluctuating energy prices.

The UK government currently subsidises some electric vehicles at purchase, but these subsidies are rarely linked to socioeconomic status, and support for domestic solar installations ended in 2019. The researchers argue that targeted financial and educational incentives must be reintroduced, primarily aimed at lower-income communities, to ensure equitable access and help achieve national decarbonisation targets.

Professor Monica Giulietti from the University of Nottingham advocates for broader, community-level initiatives beyond individual households, particularly in private, rented, and social housing sectors. Community-based solar installations could substantially reduce individual financial burdens, improving accessibility for those without direct control over their housing or transport.

Dr Jayne Carrick from the South Yorkshire Sustainability Centre reinforced the necessity for comprehensive policy reforms, highlighting survey findings that nearly half of residents are reluctant to adopt solar panels, and 57 per cent hesitate regarding heat pump technologies. Dr Burlinson concluded that targeted policies addressing socioeconomic inequalities are essential for fairness and enhancing household energy efficiency and resilience during the transition to a sustainable future.

More information: Andrew Burlinson et al, Socioeconomic inequality in low-carbon technology adoption, Energy Economics. DOI: 10.1016/j.eneco.2025.108244

Journal information: Energy Economics Provided by University of Sheffield

First Lancaster University Spin-Off Goes Public on the London Stock Exchange

Quantum Base has achieved a landmark by becoming the first-ever spin-out from Lancaster University to be listed on the London Stock Exchange, following a successful fundraising campaign culminating in an admission to trading. This notable entry onto the AIM, which was accompanied by a £4.8 million fundraising, highlights the robust investor confidence in Quantum Base’s innovative offerings and its potential for future expansion. The funds raised are earmarked to enhance the company’s commercial activities, advance product development, and make strategic hires in key commercial and operational areas.

Quantum Base was founded in 2013 as a vehicle to market Professor Rob Young’s groundbreaking discoveries in quantum physics at Lancaster University. The core team is further strengthened by Dr Alan Gilchrist, who serves as the Marketing Director from the Lancaster University Management School, and Professor Benjamin Robinson, who acts as the scientific materials advisor from the Physics Department.

Professor Rob Young, the founder of Quantum Base, expressed his excitement about this pivotal moment, noting that the listing transcends a mere financial milestone. He emphasized that it symbolizes the fruition of a vision aimed at deploying quantum technology to solve significant real-world challenges. The capital injection from the IPO will significantly accelerate the rollout of Q-IDs, positioning them as a revolutionary new standard in the anti-counterfeiting landscape, ensuring the security of products and consumers globally.

Quantum Base is focused on refining and deploying its patented Q-ID technology—highly secure, unique authenticity tags designed to mitigate the effects of counterfeiting drastically. These tags leverage inherent atomic randomness, rendering them nearly impossible to replicate with existing technology. Q-IDs can be seamlessly integrated into standard printing methods and easily verified using a smartphone, offering a robust, consumer-friendly authentication solution that enhances the security of global brands, governments, and consumers.

Tom Taylor, Quantum Base’s CEO, expressed his enthusiasm about the company’s commencement of trading on AIM, marking a significant milestone in its journey from a university spin-out to a beacon of British scientific innovation. He highlighted that the listing signifies growth and enhances the company’s independence and credibility. Taylor is optimistic about the potential of Q-ID technology to address the pervasive challenges of counterfeiting that affect global brands, governments, and consumers, positioning the company to set a new international standard in authentication technologies.

Counterfeiting, which is estimated to cost businesses and tax authorities around $2.8 trillion annually in lost revenue, continues to be a significant global issue. Traditional anti-counterfeiting measures like holograms and security inks are often inadequate due to their susceptibility to replication, high production costs, or the need for specialized reading technology not readily available to the public or manufacturers. Quantum Base’s atomic-level Q-ID solution offers a promising alternative that requires no changes in consumer behaviour or additional infrastructure. It has been peer-reviewed, published in leading scientific journals, and rigorously tested by potential partners, proving its groundbreaking effectiveness in identifying counterfeit products and demonstrating its commercial and scientific credibility.

More information: J. Roberts et al, Using Quantum Confinement to Uniquely Identify Devices, Scientific Reports. DOI: 10.1038/srep16456

Journal information: Scientific Reports Provided by Lancaster University

Viral Resignations? Recent Study by USF Associates Staff Departures with Colleague Influence

A recent collaborative study by the University of South Florida and the University of Cincinnati reveals how workplace cohorts substantially influence newcomer retention, providing essential insights for organizations looking to reduce employee turnover and improve team stability. Workplace cohorts are groups of new employees who join an organization simultaneously and often receive training together. This approach is prevalent in various sectors, including the military and professional services such as law, accounting, and consulting. It is also common among Fortune 500 companies like Amazon and Walmart.

Amit Chauradia, an Assistant Professor at the USF Muma College of Business and the study’s principal investigator, emphasizes the importance of strategic cohort management to enhance retention. According to Chauradia, organizations could significantly reduce turnover risks by aligning the hiring process with employee location preferences and promoting a positive cohort experience. This approach fosters a supportive environment that can discourage employees from seeking other job opportunities.

The research, published in the Journal of General Management, analyzed survey data from about 650 new employees across 32 cohorts at a global IT services firm. The findings revealed a contagion effect within cohorts: when some cohort members begin job-seeking behaviours, it increases the likelihood that others will follow suit, particularly if they feel less committed to the organization’s location. This suggests a strong attachment to the organization’s geographical location can mitigate turnover risk.

Chauradia and Daniel Peat, an Assistant Professor at the Carl H. Lindner College of Business at the University of Cincinnati and a co-author of the study, are scholars in human capital. They focus on the competencies and skills that add value to individuals and organizations. Peat highlights that while previous research primarily focused on collective turnover and organizational issues, their study is among the first to examine the impact of cohort dynamics on individual decisions to leave an organization.

The study builds on existing theories of job embeddedness and turnover contagion, showing how social connections within cohorts can anchor employees to an organization or accelerate their departure. This research challenges organizations to rethink how they manage cohorts, which is critical in managing Generation Z, who represent a significant portion of the global workforce and are known for their high turnover rates within the first year of employment.

The study offers new strategies for corporate leaders and HR professionals and underscores the importance of managing cohorts as social groups rather than mere collections of individuals. By prioritizing geographic preferences during the hiring process and fostering positive cohort dynamics, companies can create an environment where newcomers feel embedded and are more likely to stay long-term. Chauradia and Peat plan to continue their research to explore how organizations can effectively develop newcomers in a manner that encourages talent to grow, perform, and stay within the organization, promising further insights that could help build a more stable, committed workforce.

More information: Amit Chauradia et al, The ties that bind: Cohort influence on newcomers staying or leaving their organization, Journal of General Management. DOI: 10.1177/03063070251332040

Journal information: Journal of General Management Provided by University of South Florida

Exploring Consumer Behaviour in Japan’s Community-Supported Agriculture

Conventional food production and distribution systems are fraught with environmental challenges, including the overuse of fertilisers and significant greenhouse gas emissions. These issues underscore the pressing need to transition towards sustainable food systems with minimal environmental impact, such as Community-Supported Agriculture (CSA). In such models, consumers pre-pay producers for seasonal harvests, providing farmers with financial stability and allowing consumers to partake in farming activities. This symbiotic relationship significantly strengthens local food systems.

Despite the apparent benefits of CSAs, there is a notable scarcity of research focused on what drives consumer participation, especially outside the Western context. This is particularly evident in Japan, where CSA initiatives are less common, and cultural differences that might influence consumer engagement are poorly understood. Addressing this knowledge gap is vital for developing and expanding CSAs in non-Western markets.

In response to this lack, Mr. Sota Takagi, a graduate student at the Institute of Science Tokyo, Professor Miki Saijo, and Associate Professor Takumi Ohashi from the same institute and Chulalongkorn University, undertook a comprehensive study. Their research aims to decode the motivations behind Japanese consumers’ interest in CSA. Preliminary findings were shared online in February 2025, with a detailed publication scheduled for the June 2025 issue of the International Journal of Gastronomy and Food Science.

The study utilised an online survey involving 2,484 Japanese consumers, incorporating a choice experiment that evaluated preferences for locally grown vegetables concerning attributes such as organic certification, purchasing methods, and price readiness. The survey also delved into consumer awareness and intentions to engage in CSA, framed by the CSA participation model. This model posits that consumers evaluate the advantages and disadvantages of joining a CSA, with decisions influenced by their sociocultural environment.

Analysis of the survey data revealed five distinct consumer segments: Conventional Shoppers, Organic Enthusiasts, Farmers’ Market Advocates, Home Delivery Preferers, and Sustainable Food Seekers. The Sustainable Food Seekers, representing 26.4% of participants, expressed the most substantial interest in CSA, preferring farmers’ markets and showing a lesser concern for prices and organic labels.

Further investigations using partial least squares structural equation modelling affirmed the validity of the CSA participation model. Key drivers for CSA participation included “Food Education and Learning Opportunities” and “Contribution to Environmental and Social Issues,” with the latter being particularly influential for Sustainable Food Seekers. These interests are likely supported by Japan’s national food education law, which advocates for a balanced approach to food that benefits health, culture, and the environment.

Despite the benefits and growing interest, the survey highlighted a significant gap in CSA awareness; 75.4% of respondents were unaware of CSA, and only a tiny fraction fully understood its principles and benefits. Mr. Takagi recommends that CSA advocates and policymakers focus on highlighting the educational, environmental, and social benefits of CSA over mere organic certification. This strategy and efforts to enhance consumer awareness could substantially increase CSA engagement in Japan, paving the way for its broader adoption globally. By acknowledging and addressing these cross-cultural and local nuances, stakeholders can better promote CSA and encourage sustainable agricultural practices worldwide.

More information: Sota Takagi et al, Consumer segmentation and participation drivers in community-supported agriculture: A choice experiment and partial least squares structural equation modelling approach, International Journal of Gastronomy and Food Science. DOI: 10.1016/j.ijgfs.2025.101129

Journal information: International Journal of Gastronomy and Food Science Provided by Institute of Science Tokyo

Mathematicians Reveal Concealed Patterns Behind a $3.5 Billion Cryptocurrency Collapse

In a recently published article in ACM Transactions on the Web, a team of researchers from the Queen Mary University of London, led by Dr Richard Clegg, has revealed the complex mechanisms that led to one of the most significant collapses in the cryptocurrency arena: the crash of TerraUSD stablecoin and its counterpart currency, LUNA. Utilising state-of-the-art mathematical approaches and advanced software technologies, the researchers have pinpointed suspicious trading patterns indicative of a coordinated assault on the cryptocurrency ecosystem, which resulted in an abrupt and catastrophic devaluation of $3.5 billion.

The groundbreaking study utilises temporal multilayer graph analysis, an advanced analytical technique crucial for dissecting complex, interconnected systems that evolve over time. The team successfully mapped out the interrelations among various cryptocurrencies traded on the Ethereum blockchain using this method. Their findings highlighted how the TerraUSD stablecoin was systematically undermined through orchestrated, large-scale trading activities.

Stablecoins, such as TerraUSD, are designed to offer a stable value, often pegged to conventional fiat currencies like the US dollar. However, in May 2022, TerraUSD and LUNA faced a devastating downfall. Dr Clegg’s research illuminates the mechanics behind this event, revealing evidence of a coordinated attack executed by traders who aimed to profit from the currency’s decline—a strategy known as “shorting.”

The findings astonished Dr Clegg: “What we uncovered was remarkable. The trading patterns deviated significantly from the norm in the days leading up to the collapse. Instead of a diverse group of traders participating in the market, a concentrated cluster of just a few individuals dominated nearly the entire trading volume. These patterns serve as clear indicators of a deliberate effort to destabilise the currency system.”

Further analysis demonstrated that on critical dates, a mere five or six traders were responsible for most of the trading volume, each holding a nearly identical market share. Such precise coordination among traders is unlikely to occur randomly in a standard trading environment, strongly implying collusion to precipitate the currency’s collapse.

This research casts light on the reasons behind the TerraUSD debacle and heralds the introduction of an innovative analytical tool for the cryptocurrency markets. This software, developed in partnership with Pometry—a spin-out company from Queen Mary University—employs graph network analysis to decode and visualise complex trading data. This novel tool holds significant promise for regulators, investors, and academicians to enhance their understanding of market dynamics and mitigate potential risks in the notoriously unpredictable cryptocurrency market. Dr Clegg remarked on the broader implications of their findings: “Cryptocurrencies are often perceived as the Wild West of finance, characterised by minimal regulation and scarce accountability. Our research demonstrates that we can reveal the underlying patterns and behaviours that steer these markets by employing robust mathematical methods. This effort is not merely about dissecting past failures—it’s about constructing a safer, more transparent financial framework for the future.”

More information: Richard Clegg et al, Investigating the Luna-Terra Collapse through the Temporal Multilayer Graph Structure of the Ethereum Stablecoin Ecosystem, ACM Transactions on the Web. DOI: 10.1145/3726869

Journal information: ACM Transactions on the Web Provided by Queen Mary University of London

New Study Reveals That Employee Self-Confidence Enhances Workplace Conduct and Morality

Recent research spearheaded by Aston University and published in the journal Personality and Individual Differences has highlighted the critical role of self-efficacy in shaping workplace behaviour. Self-efficacy is an individual’s belief in their ability to execute actions necessary to achieve specific outcomes, reflecting their confidence in their capacity to succeed. This concept is central to understanding how employees interact within and beyond their roles.

The paper, Self-Efficacy and Nontask Performance at Work: A Meta-Analytic Summary, draws on a vast dataset from nearly 50,000 employees across multiple industries. This study explores the connections between self-efficacy, citizenship behaviours in the workplace, and counterproductive activities. The findings reveal that employees with high self-efficacy are significantly more likely to engage in citizenship performance, which includes behaviours that exceed formal job responsibilities, such as helping colleagues, voicing concerns, and fostering a positive workplace atmosphere.

Led by Professor Roberta Fida and an international research team, the study also finds that self-efficacy serves as a barrier against counterproductive behaviours at work, including disengagement, misconduct, and aggression. This protective quality of self-efficacy is crucial as it helps maintain a constructive and ethical work environment even under challenging conditions.

Additionally, the research underscores the buffering effect of self-efficacy against the negative impacts of adverse working conditions. Employee confidence can significantly mitigate workplace stress and improve an organisation’s health. According to the findings, organisations can boost self-efficacy through leadership, targeted training programmes, and supportive workplace policies, all of which contribute to a more engaged and ethically sound workforce.

Roberta Fida, Professor of Organisational Behaviour and Organisational Psychology at Aston Business School, offers a profound insight into the study’s implications: “Our research shows that self-efficacy is not just a predictor of task performance but is also crucial in shaping broader employee behaviours at work. Employees who believe in their capacity to succeed are more likely to take the initiative, contribute positively to their teams, and withstand pressures that might lead to unethical or counterproductive actions. Encouraging self-efficacy in employees not only benefits the individuals themselves but also has profound implications for organisational culture. Our findings suggest that organisations investing in the development of employees’ self-efficacy are likely to witness enhancements in both performance and ethical conduct.”

More information: Roberta Fida et al, Self-efficacy and nontask performance at work. A meta-analytic summary, Personality and Individual Differences. DOI: 10.1016/j.paid.2025.113179

Journal information: Personality and Individual Differences Provided by Aston University