Pub Date : 2024-07-07DOI: 10.24840/2183-0606_012.001_0010
P. Oeij, Karolien Lenaerts, Steven Dhondt, W. Van Dijk, Doris Schartinger, Sabrina Sorko, Chris Warhurst
Industry 5.0 is a relatively new topic and not yet well-defined. This article’s purpose is to develop understanding of Industry 5.0 by offering a new socio-centric conceptual framework. It extends prevailing perception of Industry 5.0 by integrating workforce skills, labour shortages, and eco-digital shifts. The study explores workforce skill measurement and its implementation. Three methods were combined to develop the conceptual framework: (i) review of academic and policy literature; (ii) scholarly and expert discussions; (iii) consultations with practitioners, companies and networks on Industry 5.0’s relevance. Industry 5.0 expands Industry 4.0's technology-focused approach. This new paradigm emphasises human-centricity, sustainability and resilience, infusing societal values into organisational management. Our findings suggest that, while firmly rooted in EU policy, Industry 5.0 must find integration at national levels and within pertinent ecosystems. This article introduces innovative perspectives on conceptualising and evaluating workforce skills for Industry 5.0. Mitigating skills gaps is crucial in enabling companies and employees to leverage the eco-digital shift, fostering sustainability, resilience and equity across Europe. A limitation to understanding Industry 5.0 is that policy discussions run ahead of collecting empirical data. As a consequence, one must be careful in drawing firm conclusions. While prior research underscores the need for skilled workforces in Industry 5.0, it falls short of elucidating evolving job dynamics in the Industry 5.0 transition. This article addresses this gap by examining the evolving job landscape, skills, and learning trajectories.
{"title":"A Conceptual Framework for Workforce Skills for Industry 5.0: Implications for Research, Policy and Practice","authors":"P. Oeij, Karolien Lenaerts, Steven Dhondt, W. Van Dijk, Doris Schartinger, Sabrina Sorko, Chris Warhurst","doi":"10.24840/2183-0606_012.001_0010","DOIUrl":"https://doi.org/10.24840/2183-0606_012.001_0010","url":null,"abstract":"\u0000\u0000\u0000Industry 5.0 is a relatively new topic and not yet well-defined. This article’s purpose is to develop understanding of Industry 5.0 by offering a new socio-centric conceptual framework. It extends prevailing perception of Industry 5.0 by integrating workforce skills, labour shortages, and eco-digital shifts. The study explores workforce skill measurement and its implementation. Three methods were combined to develop the conceptual framework: (i) review of academic and policy literature; (ii) scholarly and expert discussions; (iii) consultations with practitioners, companies and networks on Industry 5.0’s relevance. Industry 5.0 expands Industry 4.0's technology-focused approach. This new paradigm emphasises human-centricity, sustainability and resilience, infusing societal values into organisational management. Our findings suggest that, while firmly rooted in EU policy, Industry 5.0 must find integration at national levels and within pertinent ecosystems. This article introduces innovative perspectives on conceptualising and evaluating workforce skills for Industry 5.0. Mitigating skills gaps is crucial in enabling companies and employees to leverage the eco-digital shift, fostering sustainability, resilience and equity across Europe. A limitation to understanding Industry 5.0 is that policy discussions run ahead of collecting empirical data. As a consequence, one must be careful in drawing firm conclusions. While prior research underscores the need for skilled workforces in Industry 5.0, it falls short of elucidating evolving job dynamics in the Industry 5.0 transition. This article addresses this gap by examining the evolving job landscape, skills, and learning trajectories.\u0000\u0000\u0000","PeriodicalId":33389,"journal":{"name":"Journal of Innovation Management","volume":" 53","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141670769","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-07-05DOI: 10.24840/2183-0606_012.001_0009
Luigi Sergianni, Alessandra De Chiara, Sofia Mauro
In recent years the circular economy (CE) has gained considerable interest in the academic debate as a tool for achieving sustainable development. The implementation of the circular economy model requires innovation to overcome technological, economic, environmental, social, and regulatory barriers. However, companies do not always have the means to innovate due to lack of information, limited technical skills and financial constraints; as a result, innovation remains a fragmented phenomenon. Open Innovation (OI) is a tool identified in the literature as useful for overcoming this problem and thus for the development of the CE, as it accelerates the exchange of knowledge and the realisation of the necessary innovations. Despite this, the relationship between CE and OI, and particularly the influence of OI on CE, has been little investigated. In line with this, the paper aims to explore this relationship by analysing the process through which OI supports the development of the CE, focusing on the knowledge exchange aimed at circular innovation, and categorising the actors contributing to this process and their roles. The study adopts a qualitative approach and uses methods of descriptive analysis and case studies. The sample consists of 240 Italian circular organisations that support circularity in different ways. The results made it possible to classify the main actors involved and their contributions to the CE through OI practices, revealing unseen circular activities that support classical circular activities (slowing, closing, and narrowing of material and energy circuits) and are identified in services, technology or research. As a theoretical contribution, the research provides a framework describing the actions and relationships among the actors involved in the CE initiatives, with a focus on the Living Lab practices.
{"title":"Open Innovation as Fuel for the Circular Economy: an Analysis of the Italian Context","authors":"Luigi Sergianni, Alessandra De Chiara, Sofia Mauro","doi":"10.24840/2183-0606_012.001_0009","DOIUrl":"https://doi.org/10.24840/2183-0606_012.001_0009","url":null,"abstract":"\u0000\u0000\u0000In recent years the circular economy (CE) has gained considerable interest in the academic debate as a tool for achieving sustainable development. The implementation of the circular economy model requires innovation to overcome technological, economic, environmental, social, and regulatory barriers. However, companies do not always have the means to innovate due to lack of information, limited technical skills and financial constraints; as a result, innovation remains a fragmented phenomenon. Open Innovation (OI) is a tool identified in the literature as useful for overcoming this problem and thus for the development of the CE, as it accelerates the exchange of knowledge and the realisation of the necessary innovations. Despite this, the relationship between CE and OI, and particularly the influence of OI on CE, has been little investigated. In line with this, the paper aims to explore this relationship by analysing the process through which OI supports the development of the CE, focusing on the knowledge exchange aimed at circular innovation, and categorising the actors contributing to this process and their roles. The study adopts a qualitative approach and uses methods of descriptive analysis and case studies. The sample consists of 240 Italian circular organisations that support circularity in different ways. The results made it possible to classify the main actors involved and their contributions to the CE through OI practices, revealing unseen circular activities that support classical circular activities (slowing, closing, and narrowing of material and energy circuits) and are identified in services, technology or research. As a theoretical contribution, the research provides a framework describing the actions and relationships among the actors involved in the CE initiatives, with a focus on the Living Lab practices.\u0000\u0000\u0000","PeriodicalId":33389,"journal":{"name":"Journal of Innovation Management","volume":"212 ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141674050","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-07-05DOI: 10.24840/2183-0606_012.001_0007
Joachim Hafkesbrink, Arnd Schaff
The extensive literature on innovation management lacks a holistic theory, yet offers valuable frameworks, concepts, and tools for analyzing and managing the innovation process. Research gaps are evident in understanding the impact of specific innovation management techniques or tools (IMT) on innovation performance. Notably, limited studies demonstrate the influence of IMT on performance, primarily through qualitative case studies, and there is a notable shortage of diverse methodologies examining the interaction and collective impact of these tools alongside other innovation drivers. This paper investigates the significance of IMT in relation to other factors contributing to Innovation Market Success (IMS). Using Bootstrapped Structural Equation Modelling and Necessary Conditions Analysis on a dataset of 354 medium-sized enterprises in Germany and Austria, the study examines the interconnectedness and significance of IMT with other innovation performance determinants. Findings suggest a need to reassess the perceived importance of innovation management tools, highlighting an overemphasis in current research, while overlooking other crucial success factors. This study enhances understanding of IMT's role and impact, advocating for their strategic use in harnessing a firm's resources and capabilities to generate new competitive advantages, aligning with the Resource-based View of the Firm.
{"title":"The Role of Innovation Management Tools in Generating Innovation Market Success","authors":"Joachim Hafkesbrink, Arnd Schaff","doi":"10.24840/2183-0606_012.001_0007","DOIUrl":"https://doi.org/10.24840/2183-0606_012.001_0007","url":null,"abstract":"\u0000\u0000\u0000The extensive literature on innovation management lacks a holistic theory, yet offers valuable frameworks, concepts, and tools for analyzing and managing the innovation process. Research gaps are evident in understanding the impact of specific innovation management techniques or tools (IMT) on innovation performance. Notably, limited studies demonstrate the influence of IMT on performance, primarily through qualitative case studies, and there is a notable shortage of diverse methodologies examining the interaction and collective impact of these tools alongside other innovation drivers. This paper investigates the significance of IMT in relation to other factors contributing to Innovation Market Success (IMS). Using Bootstrapped Structural Equation Modelling and Necessary Conditions Analysis on a dataset of 354 medium-sized enterprises in Germany and Austria, the study examines the interconnectedness and significance of IMT with other innovation performance determinants. Findings suggest a need to reassess the perceived importance of innovation management tools, highlighting an overemphasis in current research, while overlooking other crucial success factors. This study enhances understanding of IMT's role and impact, advocating for their strategic use in harnessing a firm's resources and capabilities to generate new competitive advantages, aligning with the Resource-based View of the Firm.\u0000\u0000\u0000","PeriodicalId":33389,"journal":{"name":"Journal of Innovation Management","volume":" 11","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141674402","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-07-05DOI: 10.24840/2183-0606_012.001_l002
Steffen Böhm, Allen Alexander
This Letter proposes a place-based approach to circular innovation. The original concept, as discussed by Cherrington et al. (2023), views ‘circular innovation’ as a strategy for sustainable development, focusing on resource efficiency and the regeneration of natural systems. However, we argue that it overlooks the significance of ‘place.’ This Letter argues that local conditions and contexts are crucial for effectively implementing circular innovations and maximizing their benefits. It advocates for tailoring circular strategies to local dynamics, leveraging local resources, and fostering community involvement. We identify five ‘loops’ that define a place-based approach to circular innovation, namely resource loops, social loops, economic loops, ecological loops, and policy loops. We argue that such a place-based approach supports the creation of localized, circular economies, emphasizing the importance of understanding and integrating the unique attributes of different locales into circular economy practices and policies.
{"title":"Towards a Place-based Approach to Circular Innovation","authors":"Steffen Böhm, Allen Alexander","doi":"10.24840/2183-0606_012.001_l002","DOIUrl":"https://doi.org/10.24840/2183-0606_012.001_l002","url":null,"abstract":"\u0000\u0000\u0000This Letter proposes a place-based approach to circular innovation. The original concept, as discussed by Cherrington et al. (2023), views ‘circular innovation’ as a strategy for sustainable development, focusing on resource efficiency and the regeneration of natural systems. However, we argue that it overlooks the significance of ‘place.’ This Letter argues that local conditions and contexts are crucial for effectively implementing circular innovations and maximizing their benefits. It advocates for tailoring circular strategies to local dynamics, leveraging local resources, and fostering community involvement. We identify five ‘loops’ that define a place-based approach to circular innovation, namely resource loops, social loops, economic loops, ecological loops, and policy loops. We argue that such a place-based approach supports the creation of localized, circular economies, emphasizing the importance of understanding and integrating the unique attributes of different locales into circular economy practices and policies.\u0000\u0000\u0000","PeriodicalId":33389,"journal":{"name":"Journal of Innovation Management","volume":" 21","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141676148","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-07-05DOI: 10.24840/2183-0606_012.001_0006
Edwin Paipa, Felipe Escalante Torres, Wilson Adarme Jaimes, Jairo Rafael Coronado Hernández
Over the last four decades, innovation capability has been studied to examine the innovation phenomenon based on the specific characteristics of organizations and systems under the theory of resources and capabilities. However, "capability" has diverse applications, and its correlation with innovation remains unclear. This study aims to clarify the definition of "innovation capability" in the context of the manufacturing industry and to comprehend how researchers presently investigate this concept. In order to meet this, an exhaustive search was conducted in the Scopus and Web of Science (WoS) databases, covering the period from 2018 to 2023. The selection of documents for analysis was determined by applying the scientometric method. The authors of this research identified 462 documents, and the bibliometric analysis, conducted using VOS viewer and Bibliometrix tools, revealed four main thematic areas within the research domain: sustainability, business performance, technology transfer, and knowledge management. As a result, this study identified the seminal authors of the concept. It provided a precise definition of "innovation capability", highlighting the significant interest that this research topic arouses in current academic literature.
{"title":"Exploring Innovation Capabilities in Organizations through a Scientometric Approach in the Context of Manufacturing Industry","authors":"Edwin Paipa, Felipe Escalante Torres, Wilson Adarme Jaimes, Jairo Rafael Coronado Hernández","doi":"10.24840/2183-0606_012.001_0006","DOIUrl":"https://doi.org/10.24840/2183-0606_012.001_0006","url":null,"abstract":"\u0000\u0000\u0000Over the last four decades, innovation capability has been studied to examine the innovation phenomenon based on the specific characteristics of organizations and systems under the theory of resources and capabilities. However, \"capability\" has diverse applications, and its correlation with innovation remains unclear. This study aims to clarify the definition of \"innovation capability\" in the context of the manufacturing industry and to comprehend how researchers presently investigate this concept. In order to meet this, an exhaustive search was conducted in the Scopus and Web of Science (WoS) databases, covering the period from 2018 to 2023. The selection of documents for analysis was determined by applying the scientometric method. The authors of this research identified 462 documents, and the bibliometric analysis, conducted using VOS viewer and Bibliometrix tools, revealed four main thematic areas within the research domain: sustainability, business performance, technology transfer, and knowledge management. As a result, this study identified the seminal authors of the concept. It provided a precise definition of \"innovation capability\", highlighting the significant interest that this research topic arouses in current academic literature.\u0000\u0000\u0000","PeriodicalId":33389,"journal":{"name":"Journal of Innovation Management","volume":" 2","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141676786","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-07-05DOI: 10.24840/2183-0606_012.001_0008
Nomie Eriksson, H. Rexhepi, Reza Javid Gholam, Erik Mårtensson Djäken, S. Lifvergren
Healthcare organizations must remain up-to-date when healthcare systems are in constant flux. One way to meet challenges is through innovations. The aim of this study is to explore what promotes and hinders the implementation of innovation in healthcare's complex organizational environment. An innovation system was studied through qualitative interviews with nine respondents. The results show that the implementation and adoption of innovations in healthcare are complex. The complexity of the innovation determines the likelihood and speed of the adoption among healthcare professionals. Promoters such as human and financial capital were seen as critical for the sustainability of the innovation. Evaluating the innovation through scientific processes was also important to gain legitimacy and is seen as an important contribution to research. The identifying promoters and hindrances are practical implications to prompt reflection on healthcare innovations among managers and healthcare professionals.
{"title":"How Innovation Systems Promote and Hinder Innovations in Healthcare - a Swedish Case","authors":"Nomie Eriksson, H. Rexhepi, Reza Javid Gholam, Erik Mårtensson Djäken, S. Lifvergren","doi":"10.24840/2183-0606_012.001_0008","DOIUrl":"https://doi.org/10.24840/2183-0606_012.001_0008","url":null,"abstract":"Healthcare organizations must remain up-to-date when healthcare systems are in constant flux. One way to meet challenges is through innovations. The aim of this study is to explore what promotes and hinders the implementation of innovation in healthcare's complex organizational environment. An innovation system was studied through qualitative interviews with nine respondents. The results show that the implementation and adoption of innovations in healthcare are complex. The complexity of the innovation determines the likelihood and speed of the adoption among healthcare professionals. Promoters such as human and financial capital were seen as critical for the sustainability of the innovation. Evaluating the innovation through scientific processes was also important to gain legitimacy and is seen as an important contribution to research. The identifying promoters and hindrances are practical implications to prompt reflection on healthcare innovations among managers and healthcare professionals.","PeriodicalId":33389,"journal":{"name":"Journal of Innovation Management","volume":" 36","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141675609","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-02-27DOI: 10.24840/2183-0606_011.004_000e
Anne-Laure Anne-Laure Mention, M. Torkkeli, João José Pinto Ferreira
“Addressing the climate challenge presents a golden opportunity to promote prosperity, security and a brighter future for all.”Ban Ki-Moon, Former Secretary-General of the United Nations. Humanity is pushing the earth system beyond its natural limits. Rapid population growth and exponential consumption exert synergistic and compounded strains on our planet. Evidence of the untenable nature of this strain abounds, in the form of accelerated, widespread and intensifying climate change (United Nations, 2021), drastic reduction in biodiversity, overexploitation and depletion of natural resources, and degradation of ecosystems. Calculated by the Global Footprint Network, the Earth Overshoot Day (EOD) succinctly and illustratively captures this divergence between humanity’s ecological footprint and earth’s biocapacity. The EOD marks the point in the year when humanity’s demand for resources in a given year exceeds what the earth can replenish in that same year, and has come earlier and earlier since first calculated in 1971. In 2023, it fell on August 2 (Global Footprint Network), leaving us in an ecological deficit for the remaining part of the year. The science-based planetary boundaries framework developed by the Stockholm Resilience Centre is another powerful visualisation of the state of our planetary systems. Their 2023 assessment reports that six of the nine planetary boundaries (e.g. freshwater change, biosphere integrity, biogeochemical flows, novels entities such as plastics, etc) have been transgressed, thereby heightening the risk of large-scale, abrupt, and irreversible environmental changes. (continued...)
{"title":"Beyond Net-Zero: Societal Transformations towards Climate Positive Futures","authors":"Anne-Laure Anne-Laure Mention, M. Torkkeli, João José Pinto Ferreira","doi":"10.24840/2183-0606_011.004_000e","DOIUrl":"https://doi.org/10.24840/2183-0606_011.004_000e","url":null,"abstract":"\u0000\u0000\u0000“Addressing the climate challenge presents a golden opportunity to promote prosperity, security and a brighter future for all.”Ban Ki-Moon, Former Secretary-General of the United Nations.\u0000 \u0000Humanity is pushing the earth system beyond its natural limits. Rapid population growth and exponential consumption exert synergistic and compounded strains on our planet. Evidence of the untenable nature of this strain abounds, in the form of accelerated, widespread and intensifying climate change (United Nations, 2021), drastic reduction in biodiversity, overexploitation and depletion of natural resources, and degradation of ecosystems. Calculated by the Global Footprint Network, the Earth Overshoot Day (EOD) succinctly and illustratively captures this divergence between humanity’s ecological footprint and earth’s biocapacity. The EOD marks the point in the year when humanity’s demand for resources in a given year exceeds what the earth can replenish in that same year, and has come earlier and earlier since first calculated in 1971. In 2023, it fell on August 2 (Global Footprint Network), leaving us in an ecological deficit for the remaining part of the year. The science-based planetary boundaries framework developed by the Stockholm Resilience Centre is another powerful visualisation of the state of our planetary systems. Their 2023 assessment reports that six of the nine planetary boundaries (e.g. freshwater change, biosphere integrity, biogeochemical flows, novels entities such as plastics, etc) have been transgressed, thereby heightening the risk of large-scale, abrupt, and irreversible environmental changes. (continued...)\u0000\u0000\u0000","PeriodicalId":33389,"journal":{"name":"Journal of Innovation Management","volume":"41 16","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140425407","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-02-22DOI: 10.24840/2183-0606_011.004_0007
Vesa Harmaakorpi, H. Melkas, J. Porras, A. Pässilä
The Internet economy and computer-aided innovation enable improvements in the quality and quantity of outcomes of innovation processes. Traditional “research pipes” are often too slow to fit with contemporary business logic. In this paper, we focus on the intersection of innovation and automation and the potential they create together. Innovation automation represents a next generation of automation that has structural implications. Automation in the innovation context is about maintaining the richness of creative innovation processes while also absorbing a greater amount of data, information, and knowledge inputs and producing more holistic outputs that meet customer needs better and are faster on the market. The paper builds a novel academic “playground” for the research on innovation automation as the efficient and effective use of co-creative intelligence—the fusion and mixture of artificial intelligence, human intelligence, and the intelligence of crowds. Covering the wide field of innovation automation requires various future research programs. The main focus areas in this paper are related to understanding innovation automation, enabling the way to new management of innovation and ecosystem development. We also propose relevant research themes for the future.
{"title":"Will Machines Innovate for and with Us - What Kind of Strategic Themes Could Belong to Innovation Automation?","authors":"Vesa Harmaakorpi, H. Melkas, J. Porras, A. Pässilä","doi":"10.24840/2183-0606_011.004_0007","DOIUrl":"https://doi.org/10.24840/2183-0606_011.004_0007","url":null,"abstract":"\u0000\u0000\u0000The Internet economy and computer-aided innovation enable improvements in the quality and quantity of outcomes of innovation processes. Traditional “research pipes” are often too slow to fit with contemporary business logic. In this paper, we focus on the intersection of innovation and automation and the potential they create together. Innovation automation represents a next generation of automation that has structural implications. Automation in the innovation context is about maintaining the richness of creative innovation processes while also absorbing a greater amount of data, information, and knowledge inputs and producing more holistic outputs that meet customer needs better and are faster on the market. The paper builds a novel academic “playground” for the research on innovation automation as the efficient and effective use of co-creative intelligence—the fusion and mixture of artificial intelligence, human intelligence, and the intelligence of crowds. Covering the wide field of innovation automation requires various future research programs. The main focus areas in this paper are related to understanding innovation automation, enabling the way to new management of innovation and ecosystem development. We also propose relevant research themes for the future.\u0000\u0000\u0000","PeriodicalId":33389,"journal":{"name":"Journal of Innovation Management","volume":"27 3","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140438455","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-01-26DOI: 10.24840/2183-0606_011.004_0006
Oumeima Toumia, R. Mefteh, Marc Cowling
As the world goes digital, many companies have found that their performance improves when they digitize their operations. This is especially true in light of the COVID-19 pandemic, as companies must rely more on digital tools to survive. Our paper aims to examine the connection between digital competitiveness and the financial performance of 86 digital businesses at the country level before, during, and after the COVID-19 pandemic over the period 2017--2021. Unlike previous findings that relied on qualitative methods, our research relies on quantitative methods. More precisely, we empirically examine the impact of digital competitiveness (i.e., an index) on financial performance (i.e., measured by return on assets) through linear regression models and panel data regressions for three specific periods (2017-2019 pre-pandemic, 2020 pandemic, and 2021 post-pandemic). We found that COVID-19 allows firms to adopt digitalization. More specifically, comparing the three periods, we discovered that digital competitiveness positively influences business financial performance in the post-Covid era. Looking ahead to the post-Covid world, it is clear that companies must prioritize digital competitiveness to ensure their long-term success. Governments can learn important lessons from this research on how to help companies digitize."
{"title":"Digitalization and Firm Performance: Empirical Evidence from Forbes-listed Companies","authors":"Oumeima Toumia, R. Mefteh, Marc Cowling","doi":"10.24840/2183-0606_011.004_0006","DOIUrl":"https://doi.org/10.24840/2183-0606_011.004_0006","url":null,"abstract":"As the world goes digital, many companies have found that their performance improves when they digitize their operations. This is especially true in light of the COVID-19 pandemic, as companies must rely more on digital tools to survive. Our paper aims to examine the connection between digital competitiveness and the financial performance of 86 digital businesses at the country level before, during, and after the COVID-19 pandemic over the period 2017--2021. Unlike previous findings that relied on qualitative methods, our research relies on quantitative methods. More precisely, we empirically examine the impact of digital competitiveness (i.e., an index) on financial performance (i.e., measured by return on assets) through linear regression models and panel data regressions for three specific periods (2017-2019 pre-pandemic, 2020 pandemic, and 2021 post-pandemic). We found that COVID-19 allows firms to adopt digitalization. More specifically, comparing the three periods, we discovered that digital competitiveness positively influences business financial performance in the post-Covid era. Looking ahead to the post-Covid world, it is clear that companies must prioritize digital competitiveness to ensure their long-term success. Governments can learn important lessons from this research on how to help companies digitize.\"","PeriodicalId":33389,"journal":{"name":"Journal of Innovation Management","volume":"100 3","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-01-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140493872","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-01-25DOI: 10.24840/2183-0606_011.004_0005
Thomas Breyer-Mayländer, Christopher Zerres
There is an ongoing debate about the use and scope of Clayton M. Christensen´s idea of disruptive innovation, including the question of whether it is a management buzz phrase or a valuable theory. This discussion considers the general question of how innovation in the field of management theories and concepts finds its way to the different target groups. This conceptual paper combines the different concepts of the creation and dissemination of management trends in a basic framework based on a short review of models for the dissemination of management ideas. This framework allows an analysis of the character of new management ideas like disruptive innovation. By measuring the impact of the theory on the academic sphere using a bibliometric statistic of the number of academic publications on Google scholar and Scopus and a meta-analysis of research papers, we show the significant influence of disruptive innovation beyond pure management fads.
关于克莱顿-克里斯坦森（Clayton M. Christensen）的颠覆性创新理念的使用和范围，包括它究竟是一个管理术语还是一个有价值的理论，一直存在争论。本讨论探讨了管理理论和概念领域的创新如何进入不同目标群体这一一般性问题。这篇概念性论文在对管理思想传播模式进行简短回顾的基础上，将管理趋势的产生和传播的不同概念纳入了一个基本框架。通过这一框架，可以分析颠覆性创新等新管理思想的特点。通过对谷歌学者（Google scholar）和斯科普斯（Scopus）上的学术论文数量进行文献计量统计，并对研究论文进行元分析，我们衡量了该理论在学术领域的影响，从而显示出颠覆性创新的重大影响超越了纯粹的管理潮流。
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