This study undertakes an assessment of disruptive innovation within the automobile production industry, aiming to uncover implementation challenges and opportunities. Recognizing the pivotal role of disruptive innovation in driving economic growth and sustainability within the automotive sector, this research addresses a notable gap in the literature pertaining to the relationship between disruptive innovation and firm performance. Through a quantitative research methodology, employing an exploratory research design, data were gathered from 99 industry professionals via an online survey hosted on LinkedIn. Analysis of the collected data was conducted using SPSS Statistical Software, facilitating both descriptive and inferential analysis. The findings reveal that disruptive innovation indeed facilitates new market creation, cost-effectiveness, customer-centricity, and the development of unique capabilities. However, challenges such as staff capacity constraints, financial pressures, rapid pace of disruption, and regulatory ambiguity impede its efficacy. Moreover, the study highlights the significant impact of deployment costs and regulatory standards on the effectiveness of disruptive innovation in fostering new market creation and achieving cost-effectiveness.
{"title":"An Evaluation of Disruptive Innovation in the Automobile Production Industry: Quantitative Research","authors":"Mbwidifu Patience Gana","doi":"10.5171/2024.563946","DOIUrl":"https://doi.org/10.5171/2024.563946","url":null,"abstract":"This study undertakes an assessment of disruptive innovation within the automobile production industry, aiming to uncover implementation challenges and opportunities. Recognizing the pivotal role of disruptive innovation in driving economic growth and sustainability within the automotive sector, this research addresses a notable gap in the literature pertaining to the relationship between disruptive innovation and firm performance. Through a quantitative research methodology, employing an exploratory research design, data were gathered from 99 industry professionals via an online survey hosted on LinkedIn. Analysis of the collected data was conducted using SPSS Statistical Software, facilitating both descriptive and inferential analysis. The findings reveal that disruptive innovation indeed facilitates new market creation, cost-effectiveness, customer-centricity, and the development of unique capabilities. However, challenges such as staff capacity constraints, financial pressures, rapid pace of disruption, and regulatory ambiguity impede its efficacy. Moreover, the study highlights the significant impact of deployment costs and regulatory standards on the effectiveness of disruptive innovation in fostering new market creation and achieving cost-effectiveness.","PeriodicalId":382934,"journal":{"name":"Journal of Innovation and Business Best Practice","volume":"102 33","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141820861","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}
The economic security and management of information are crucial elements for the functioning of stakeholders in the free market economy in the XXI century. Indeed, they are inherently interlinked as well. Firstly, without an adequate level of security, information or finance, it is impossible to ensure the stable and sustainable functioning of businesses in the free market economy.
{"title":"Exploring the Issue of Economic Security and Information Management for Business Operations in the Globalised Modern World","authors":"Iwona Przychocka, Iwona Sobiecka","doi":"10.5171/2022.420884","DOIUrl":"https://doi.org/10.5171/2022.420884","url":null,"abstract":"The economic security and management of information are crucial elements for the functioning of stakeholders in the free market economy in the XXI century. Indeed, they are inherently interlinked as well. Firstly, without an adequate level of security, information or finance, it is impossible to ensure the stable and sustainable functioning of businesses in the free market economy.","PeriodicalId":382934,"journal":{"name":"Journal of Innovation and Business Best Practice","volume":"6 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127154309","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}
Research motivation is determined by establishing the role of development policy and the legislative framework in stimulating innovations during the transition of the economy of the Republic of Moldova to an innovative path of development focused on European integration.
{"title":"Evaluation of the Innovative Activity of Insurance Companies in the Framework of Supporting the Development Policy of Business Incubators","authors":"Andrei Mulic, Chiril Gavlitchi, Ecaterina Ulian","doi":"10.5171/2022.864508","DOIUrl":"https://doi.org/10.5171/2022.864508","url":null,"abstract":"Research motivation is determined by establishing the role of development policy and the legislative framework in stimulating innovations during the transition of the economy of the Republic of Moldova to an innovative path of development focused on European integration.","PeriodicalId":382934,"journal":{"name":"Journal of Innovation and Business Best Practice","volume":"51 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-07-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"117175260","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}
Technological progress is reflected in the drone market. As a result, new possibilities for the use of drones in various industries are emerging. However, new opportunities also create new threats that menace people's lives and the security of businesses.
{"title":"UAVs in Practice: Benefits, Concerns, Examples, and Managerial Implications","authors":"M. Varmus, Pavol Boško","doi":"10.5171/2022.496714","DOIUrl":"https://doi.org/10.5171/2022.496714","url":null,"abstract":"Technological progress is reflected in the drone market. As a result, new possibilities for the use of drones in various industries are emerging. However, new opportunities also create new threats that menace people's lives and the security of businesses.","PeriodicalId":382934,"journal":{"name":"Journal of Innovation and Business Best Practice","volume":"6 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126617435","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}
Innovation is vital for an outstanding performance and over the top results. It is a complex concept with multiple perspectives which should be always situated in the center of attention. For creating the premises of a successful innovation, its measurement and impact should be analyzed both on the theoretical level as well as on the practical dimensions of the industrial organizations.
{"title":"Results of the Innovative Process: Measuring what Matters","authors":"Alexandra Ioanid, Denisa Iliescu","doi":"10.5171/2022.178279","DOIUrl":"https://doi.org/10.5171/2022.178279","url":null,"abstract":"Innovation is vital for an outstanding performance and over the top results. It is a complex concept with multiple perspectives which should be always situated in the center of attention. For creating the premises of a successful innovation, its measurement and impact should be analyzed both on the theoretical level as well as on the practical dimensions of the industrial organizations.","PeriodicalId":382934,"journal":{"name":"Journal of Innovation and Business Best Practice","volume":"29 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-03-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121161124","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}
C. R. Cunha, V. Mendonça, J. P. Gomes, Elisabete Paulo Morais, A. Moreira
Technology is increasingly a transversal layer to all activities and, in this sense, exploring the potential of technology as a driver to support the competitiveness of organizations and nations has become a necessity for survival. Tourism is a fundamental asset in many modern economies and certainly fundamental from a civilizational and generational point of view, insofar as associated with a wide range of tourist destinations is its heritage.
{"title":"Leveraging the Promotion of Tourist Destinations and the Interpretation of their Heritage using Virtual Reality","authors":"C. R. Cunha, V. Mendonça, J. P. Gomes, Elisabete Paulo Morais, A. Moreira","doi":"10.5171/2022.629340","DOIUrl":"https://doi.org/10.5171/2022.629340","url":null,"abstract":"Technology is increasingly a transversal layer to all activities and, in this sense, exploring the potential of technology as a driver to support the competitiveness of organizations and nations has become a necessity for survival. Tourism is a fundamental asset in many modern economies and certainly fundamental from a civilizational and generational point of view, insofar as associated with a wide range of tourist destinations is its heritage.","PeriodicalId":382934,"journal":{"name":"Journal of Innovation and Business Best Practice","volume":"58 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-02-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122957893","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}
Small and medium sized enterprises (SMEs) are the main force for economic growth, but at the same time an extremely vulnerable sector, which constantly needs support from the state. Thus, one of the basic tasks in the state regulation of the activity of this sector involves the development of policies aimed to support small and medium business.
{"title":"Policies for Small and Medium Sized Enterprises’ Development in the Republic of Moldova: Results and Challenges","authors":"Lica Erhan, Tatiana Gaugas","doi":"10.5171/2022.706025","DOIUrl":"https://doi.org/10.5171/2022.706025","url":null,"abstract":"Small and medium sized enterprises (SMEs) are the main force for economic growth, but at the same time an extremely vulnerable sector, which constantly needs support from the state. Thus, one of the basic tasks in the state regulation of the activity of this sector involves the development of policies aimed to support small and medium business.","PeriodicalId":382934,"journal":{"name":"Journal of Innovation and Business Best Practice","volume":"22 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-01-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134502233","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}
With upcoming new smart technologies, Small and Medium-sized Enterprises (SMEs) have to deal with the implementation of industry 4.0 and smart principles. Being known for their constraints in human, technical, and financial resources, SMEs may struggle in the transition phase during introducing industry 4.0. A case study from the Czech Republic should shed some light on the opportunities and issues of the introduction of industry 4.0 in an SME in practice.
{"title":"SMEs in Failed Transition Towards Industry 4.0: A case study of a Czech SME","authors":"Marcel Rolf Pfeifer","doi":"10.5171/2021.707843","DOIUrl":"https://doi.org/10.5171/2021.707843","url":null,"abstract":"With upcoming new smart technologies, Small and Medium-sized Enterprises (SMEs) have to deal with the implementation of industry 4.0 and smart principles. Being known for their constraints in human, technical, and financial resources, SMEs may struggle in the transition phase during introducing industry 4.0. A case study from the Czech Republic should shed some light on the opportunities and issues of the introduction of industry 4.0 in an SME in practice.","PeriodicalId":382934,"journal":{"name":"Journal of Innovation and Business Best Practice","volume":"69 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-10-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132461325","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}
The paper presents a theoretical and empirical analysis of the impact of relational capability on the relationship between technological eco-innovation and financial performance of Polish green companies. The research model contains both radical and incremental eco-innovations.
{"title":"Relational Capability, Technological Eco-innovation and Performance: Evidence from Polish Green Companies","authors":"M. Pichlak","doi":"10.5171/2021.312930","DOIUrl":"https://doi.org/10.5171/2021.312930","url":null,"abstract":"The paper presents a theoretical and empirical analysis of the impact of relational capability on the relationship between technological eco-innovation and financial performance of Polish green companies. The research model contains both radical and incremental eco-innovations.","PeriodicalId":382934,"journal":{"name":"Journal of Innovation and Business Best Practice","volume":"32 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-07-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129116036","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}
Full involvement of employees in improving enterprises and their processes is one of the flagship assumptions in modern management methods. A widely used solution supporting this approach is the employee suggestion systems (ESS), allowing the use of the intellectual potential and creativity of own staff.
{"title":"Economic Efficiency of Employee Suggestion Systems in Manufacturing Enterprises","authors":"R. Kagan, Grzegorz Krzos","doi":"10.5171/2021.936440","DOIUrl":"https://doi.org/10.5171/2021.936440","url":null,"abstract":"Full involvement of employees in improving enterprises and their processes is one of the flagship assumptions in modern management methods. A widely used solution supporting this approach is the employee suggestion systems (ESS), allowing the use of the intellectual potential and creativity of own staff.","PeriodicalId":382934,"journal":{"name":"Journal of Innovation and Business Best Practice","volume":"133 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-03-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121299821","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}
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