March, 2009 Releases and Features

Mussels, Inkjet Printer May Hold Key to Faster Healing From Surgeries

Posted: March 18, 2009
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Using the natural glue that marine mussels use to stick to rocks, and a variation on the inkjet printer, a team of researchers led by North Carolina State University has devised a new way of making medical adhesives that could replace traditional sutures and result in less scarring and increased precision for exacting operations such as eye surgery. Continue Reading »

Studies Show That Nice Guys Finish First in Business World

Posted: March 17, 2009
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When it comes to leading a team tasked with developing new products and bringing them to market, new research from North Carolina State University shows that being nice and playing well with others gives you a very real competitive advantage. One new study shows that project managers can get much better performance from their team when they treat team members with honesty, kindness and respect. A second study shows that product development teams can reap significant quality and cost benefits from socializing with people who work for their suppliers.

The first study, co-authored by NC State’s Dr. Jon Bohlmann, focused on cross-functional product development teams, which bring together engineers, researchers and business personnel. The diverse backgrounds of the team members means there is a focus on finance and marketing, as well as design and functionality, from the beginning of the product-development process. But that diversity also makes effective communication essential, in order to ensure that team members are collaborating rather than working at cross-purposes.

The Bohlmann study finds that “interactional fairness perception” affects “cross-functional communication.” In other words, Bohlmann explains, “If you think you are being treated well, you are going to work well with others on your team.”

Bohlmann, an associate professor of marketing at NC State, says that the study evaluated whether team members felt they were being well treated by their project leader. This evaluation included questions as to whether team members felt their leader was honest, kind and considered the viewpoints of team members. Bohlmann says the results of the study show that if a team’s leader was perceived as “basically being a nice guy,” then “team members showed a significant increase in commitment to the team’s success and to the project they were working on.” This increase in commitment is important, Bohlmann explains, because it leads to enhanced performance in meeting team goals.

If the Bohlmann study tells us that nice guys finish first, a study co-authored by NC State’s Dr. Rob Handfield finds that playing well with others can give a company an edge when it comes to product development. Specifically, the Handfield study shows that significant cost and quality benefits can result from informal socializing between employees of a product-development company and those companies that supply the product developers with material and labor.

Handfield explains that informal socializing, “like going out to dinner after a meeting,” can lead to considering new ideas that take advantage of the different perspectives and experience that suppliers can provide – and ultimately provide product developers with meaningful input. For example, Handfield says, “Suppliers may point out that components which are already being produced in bulk would serve as well as the custom-made, and expensive, parts being envisioned by product designers. Why reinvent the wheel? We already have one that works fine.” Handfield is the Bank of America University Distinguished Professor of Supply Chain Management at NC State.

The Bohlmann study was co-authored by Tianjiao Qiu of California State University, Long Beach, and William Qualls and Deborah E. Rupp of the University of Illinois at Urbana-Champaign.

The Handfield study was co-authored by Paul D. Cousins of the Manchester Business School, Kenneth J. Petersen of Colorado State University and Benn Lawson of Queen’s University in Belfast.

The Bohlmann study, “The Effect of Interactional Fairness on the Performance of Cross-Functional Product Development Teams: A Multilevel Mediated Model,” and the Handfield study, “Knowledge Sharing in Interorganizational Product Development Teams: The Effect of Formal and Informal Socialization Mechanisms,” were both published in the March issue of the Journal of Product Innovation Management.

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Grand Prizes Induce Sports ‘Hot Streaks’

Posted: March 17, 2009
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Dangling a lucrative financial carrot at the end of a professional sport season can cause certain players to exert the effort necessary to put together a string of successful performances, sometimes known in sporting circles as a “hot hand” or “hot streak.”

That’s the result of a forthcoming study by North Carolina State University economists to be published in the Journal of Sports Economics. Continue Reading »

NC State Tax Expert Can Help You Save Money This Year and Next

Posted: March 16, 2009
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April 15 is less than a month away, and many people are struggling with their tax returns. Federal tax law is constantly changing, and understanding the new rules can save you a lot of money. For example, Dr. Roby Sawyers explains, a new extra standard deduction for real estate taxes paid could save you hundreds of dollars on your 2008 taxes. And, if you had a baby last year, you may qualify for an additional recovery rebate amount that could save you hundreds more. Sawyers, a professor of accounting at North Carolina State University, can explain these and other new tax rules for 2008.

And the federal stimulus package also included sizeable changes to the tax code, such as the so-called “making work pay” credit, that will have significant ramifications for taxpayers in 2009. Sawyers can explain what taxpayers can expect in the coming year, including a new rule that offers first-time homebuyers thousands of dollars in tax credits that will never need to be repaid.

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