Search results for "uusi talous"

Soft Innovation Resources: Enabler for reversal in GDP Growth in the Digital Economy

2018

While Finland and Singapore have been maintaining world digital leaders position, they demonstrate interlaced contrast: high welfare with low GDP growth in Finland and higher GDP growth with lower welfare in Singapore. This provokes an uncaptured GDP postulate that Finnish wellbeing has developed more than one might conclude by GDP. However, a recent reversal in the GDP growth trend suggests the possibility that uncaptured GDP contributes to remove structural impediments in GDP growth.This paper demonstrates this hypothesis. An empirical analysis elucidating the inside the national accountings and institutional systems revealed that soft innovation resources have substituted for service cap…

To Calculate or To Follow Others : How Do Information Security Managers Make Investment Decisions?

2019

Economic models of information security investment suggest estimating cost and benefit to make an information security investment decision. However, the intangible nature of information security investment prevents managers from applying costbenefit analysis in practice. Instead, information security managers may follow experts’ recommendations or the practices of other organizations. The present paper examines factors that influence information security managers’ investment decisions from the reputational herding perspective. The study was conducted using survey questionnaire data collected from 106 organizations in Finland. The findings of the study reveal that the ability and reputation …

Internet on epäreilu, mutta näin uutismedia sinnittelee

2021

Arvio teoksesta: Hindman, Matthew. 2019. Internet-ansa: Kuinka digitaalinen talous synnyttää monopoleja ja rapauttaa demokratiaa. Suomentanut Kimmo Pietiläinen. [Alkuperäisteos: The Internet Trap, How the Digital Economy Builds Monopolies and Undermines Democracy, 2018]. Helsinki: Terra Cognita, 274 s.

Fusion of technology management and financing management - Amazon's transformative endeavor by orchestrating techno-financing systems

2020

Amazon became the world R&D leader in 2017 by rapidly increasing R&D investment. Its R&D investment in 2017 was double that of 2015, 5 times that of 2012, and 10 times that of 2011. This rapid increase continued in 2018, and Amazon accomplished a skyrocketing increase in its market capitalization, closing to being the world's biggest company. Such a rapid increase in R&D and subsequent market value has raised questions about how to conduct R&D and secure a large amount of funds needed for high-risk investments. Amazon has provided hypothetical answers to both of these questions. Amazon has been conducting innovative R&D to transform routine or periodic alterations into significant improveme…

Digitalized bioeconomy: Planned obsolescence-driven circular economy enabled by Co-Evolutionary coupling

2019

Driven by digital solutions, the bioeconomy is taking major steps forward in recent years toward achievement of the long-lasting goal of transition from a traditional fossil economy to a bioeconomy-based circular economy. The coupling of digitalization and bioeconomy is leading towards a digitalized bioeconomy that can satisfy the shift in consumers’ preferences for eco-consciousness, which in turn induces coupling of up-down stream operation in the value chain. Thus, the co-evolution of the coupling of digitalization and bioeconomy and of upstream and downstream operations is transforming the forest-based bioeconomy into a digital platform industry. Aiming at addressing this transformation…

Co-evolutionary coupling leads a way to a novel concept of R&D - Lessons from digitalized bioeconomy

2020

Given the increasing role of research and development (R&D) in competitive markets in the digital economy while confronting the dilemma between R&D expansion and a productivity decline, transformation of the R&D model has become a crucial subject for global digital leaders. The authors of this paper postulate that neo open innovation harnessing the vigor of external innovation resources which then developed into a new concept of R&D that self-transforms during an R&D process initiated by Amazon by coupling with users. The authors further develop these postulates by proposing the embedding of a growth characteristic identical to biological coupling. An empirical analysis focusing on the fore…

Harnessing soft innovation resources leads to neo open innovation

2019

Advancement of the digital economy has transformed the concept of the growth crossover in nations and firms, both concerning input and output. Advanced economies have been confronting a dilemma between input increases and output decreases. Contrary to traditional expectations, excessive increase in input has resulted in a productivity decline in output. A solution to this dilemma can only be expected by harnessing the vigor of soft innovation resources that lead to neo open innovation in the digital economy. This paper attempts to demonstrate this hypothetical view. Based on an empirical analysis of the development trajectories of 140 countries and 500 global ICT firms, dynamism, resulting …

Internet-of-things market, value networks, and business models : state of the art report

2013

Digitalization of global economy and public sector funding

2018

This report aims to trigger discussion. Our recent research reveals that digitalization, platform economy, Internet of Things, and artificial intelligence will change the structures of the global economy. All this will have an impact on the sources of the public sector funding. We present here strong claims because the solutions should be identified and discussed widely in the Finnish society. The scientific background you will find from references. We had the pleasure to work with a group of taxation experts with a wide and diverse background. We are grateful for the contribution of the PVN researchers: Raija Koivisto, Heidi Auvinen, Brenda Fox, Victor Vurpillat and David Rejeski. Conclusi…

The transformation of R&D into neo open innovation- a new concept in R&D endeavor triggered by amazon

2019

Amazon was the world's top Research and Development (R&D) firm in 2017. Its R&D investment was double that of 2015, five times that of 2012, and ten times that of 2011. Such a rapid and notable increase in R&D investment has raised the question of a new R&D definition and focus in the digital economy, which Amazon insists includes both “routine or periodic alterations” (traditionally classified as non-R&D) and “significant improvement” (classified as R&D). Using an empirical analysis of Amazon's R&D model as a system, this paper attempts to provide a convincing answer to this question. It has been identified that Amazon, which is based on R&D as a culture, has been promoting companywide exp…