Search results for "Innovation process"
showing 10 items of 23 documents
Catalysis with Doped Sol-Gel Silicates
2011
Silicates doped with catalytic species have only been slowly adopted by the fine chemicals and pharmaceutical industries, in spite of their remarkable and unique properties such as pronounced physical and chemical stability; high (enantio)selective activity and ease of materials production and application. This is now changing thanks to stricter safety regulations and to concomitant success of the first commercial catalysts. In this account we tell the story of these materials and identify some deficiencies in the innovation process that may serve as lesson in guiding the future management of innovation in these relevant industries.
Code of Breakthrough Innovations
2019
Innovations make a significant contribution to economies, while at the same time 85% of innovations in the market are unsuccessful. This is a record high number of unsuccessful innovations, considering the high macro-level support of innovations and researches, devoted to innovations. The study analyzes in detail the technological essence of innovation process, its constituent components, the elements of commercially viable innovations and their interrelations with the aim to find the common thread of successful innovations in the market. The result is the conclusion that there is a specific algorithm that is repeated in the context of commercially successful innovations. The study offers t…
Innovation in the Rural Areas and the Linkage with the Quintuple Helix Model
2016
Abstract In this paper we analyze some specific conditions for local development. Our interest is oriented towards a multidimensional aspect of peripheral and rural areas. The rural areas considered as a productive system reflects a strong relationship between the agriculture and the other economic activities, In addition eco-systems must be protected and enhanced to develop innovation models that propose new roles and responsibilities for a new development vision. Following the implementation of the Smart Specialization Strategy and the Quintuple Helix Model this paper underlines the importance of connecting the innovation process with rural territories. We have considered some environment…
CROWDFUNDING AND INNOVATION
2018
Entrepreneurs have started relying on crowdfunding to fund their investments. This paper surveys the literature linking crowdfunding with innovation in entrepreneurial firms. Two distinct areas are discussed. First, crowdfunding has the potential to foster innovation by offering new sources of capital to innovation‐driven firms and thereby reduce the funding gap for innovative startups. Second, crowdfunding offers a way for the crowd to participate in the innovation process by providing feedback to the entrepreneur. This feedback can take various forms, including providing ideas on the development of the product during and after the campaign (in the spirit of crowdsourcing), and providing v…
Innovation Complementarity and Scale of Production
2006
We present an econometrically feasible model that uses the information contained in the innovation profile of each firm to test for the existence of complementarity among production and innovation strategies. Our approach is able to distinguish between complementarity and correlation induced by unobserved heterogeneity. We apply the model to analyze the Spanish ceramic tile industry where the adoption of the single firing furnace in the 1980's facilitated the introduction of new product designs as well as opening new ways of organizing production. Our econometric results show that there is significant complementarity between product and process innovation. Small firms tend to be more innova…
Fostering novelty while reducing failure: Balancing the twin challenges of product innovation
2016
This paper aims to further our understanding of how the degrees of innovation novelty and innovation failure are connected. It argues that a better understanding of the specific predictors of innovation novelty and failure would improve our understanding of the innovation process and inform R&D managerial interventions to reduce the occurrences of failure and enhance radical innovation. This investigation draws on data on 5387 Spanish manufacturing firms from the 2009 Spanish Community Innovation Survey (CIS). Unlike prior studies which examine product innovation, degree of innovation novelty, and innovation failures in separate models, this study relies on a multivariate model to account f…
Coping with the Innovation Paradoxes: The Challenge for a New Game Leadership
2013
Abstract In times of crisis the paradoxes that are inevitably linked to the innovation process become even more pronounced. After explaining some of the key innovation paradoxes we link them to the organization model that was developed by Edith Penrose. We learn that many of the paradoxes can be explained by the difficulty to balance entrepreneurship and management as organizations grow and evolve. Next we analyze why the vitality is gone in so many of our organizations, what should be done in order to restore the vitality and how new game leadership can contribute. Finally we look at how new game leadership has to be integrated in today's business and on the role that strategic leaders can…
Inovacijos ir bendrovės vertė: Baltijos šalių patirtis
2021
Inovacijos yra konkurencingumo pagrindas. Kartu pagrindinis vadovo uždavinys yra savininkų turto maksimizavimas, todėl svarbu tyrinėti inovacijų ir bendrovės vertės santykį. Šio tyrimo tikslas – ištirti inovacijų poveikį organizacijos vertei. Tiriamos Baltijos šalių bendrovės, veikusios 2005–2011 metų laikotarpiu. Tyrimas parodė, kad inovatyvių bendrovių vertė yra didesnė, didesnės ir jos pačios. Nustatyta, kad didesnė bendrovės vertė pasiekiama, jei nematerialių išteklių dalis viršija 1 %. Taikant koreliaciją ir regresinę analizę, nustatyta, kad inovacijos yra svarbi organizacijos vertės determinantė, organizacijos dydis yra silpnesnis veiksnys, o augimas – pats silpniausias veiksnys. Stra…
How Companies Develop a Culture for Digital Innovation: A Multiple-Case Study
2021
Companies are constantly facing new challenges through digital technologies, as they can cause rapid changes in their business environment. Digital innovations can offer the opportunity to gain competitive advantages, but in practice, companies often struggle to create the conditions for this. Developing a culture for digital innovation is an important capability that companies need to build. It includes appropriate organizational structures, working methods, skills, and new ways of thinking in the innovation process. This has been explored in previous research at a high level of abstraction. Our paper complements past findings with a detailed study of what activities companies are doing in…
Does incremental and radical innovation performance depend on different types of knowledge accumulation capabilities and organizational size?
2016
While prior studies recognize the importance of knowledge accumulation capabilities in innovation performance, current research has still failed to empirically identify its role with regard to different types of innovation performance. The objective of this paper is to address this knowledge gap and to explore the relationships between internal knowledge creation and absorptive capabilities, and incremental and radical innovation performance. The study also contributes to analyzing the complex effect that organizational size has in the whole innovation process, influencing its antecedents (internal knowledge creation capability and absorptive capability) as well as its outputs (incremental …