Pub Date : 2024-10-03DOI: 10.1016/j.techfore.2024.123778
Liangxing He , Jianwen Zheng , Meijuan Zhao , Teng Li
Digital technology has indubitably brought significant benefits, but has also triggered a series of social problems. Consequently, responsible innovation (RI) is essential to address these social concerns, and exploring mechanisms for corporations to achieve RI in the digital economy is urgently required. This study investigates the assessment of RI by 105 managers of small and medium-sized enterprises (SMEs) using a tracking survey and employs fuzzy set qualitative comparative analysis to uncover the various paths through which different principles of effectuation drive corporate RI. The findings indicate that digital-type, alliance-type, and larger firm exploratory-type contingent-driven configurations play equifinal roles in promoting corporate RI. While corporations remain contingent, they need to adopt different paths to achieve RI based on the digital economy environment and their own size. This study contributes to the literature on RI in three ways. First, it extends the research context of existing literature by incorporating the digital economy. Second, it provides new theoretical insights for RI by using different configurations to show the multiple paths corporations can take to achieve RI in the digital economy. Third, by using effectual principles as an intermediate path to bridge the digital economy and RI, this research expands the application scope of effectual principles.
数字技术无疑带来了巨大的利益，但也引发了一系列社会问题。因此，负责任的创新（RI）对于解决这些社会问题至关重要，而探索企业在数字经济时代实现 RI 的机制也迫在眉睫。本研究采用跟踪调查的方法，调查了 105 位中小企业（SMEs）经理人对责任创新的评估，并采用模糊集定性比较分析法，揭示了不同的生效原则推动企业责任创新的各种路径。研究结果表明，数字型、联盟型和大型企业探索型的权变驱动配置在促进企业 RI 方面发挥着同等作用。虽然企业仍然具有偶然性，但它们需要根据数字经济环境和自身规模采取不同的路径来实现 RI。本研究从三个方面对有关 RI 的文献做出了贡献。首先，它将数字经济纳入其中，扩展了现有文献的研究范围。其次，通过使用不同的配置来展示企业在数字经济中实现 RI 的多种途径，为 RI 提供了新的理论见解。第三，本研究通过使用效应原则作为连接数字经济和 RI 的中间路径，扩大了效应原则的应用范围。
{"title":"Mapping pathways to responsible innovation: Configurations of digital economy, effectuation, and firm size in SMEs—A fuzzy set qualitative comparative analysis","authors":"Liangxing He , Jianwen Zheng , Meijuan Zhao , Teng Li","doi":"10.1016/j.techfore.2024.123778","DOIUrl":"10.1016/j.techfore.2024.123778","url":null,"abstract":"<div><div>Digital technology has indubitably brought significant benefits, but has also triggered a series of social problems. Consequently, responsible innovation (RI) is essential to address these social concerns, and exploring mechanisms for corporations to achieve RI in the digital economy is urgently required. This study investigates the assessment of RI by 105 managers of small and medium-sized enterprises (SMEs) using a tracking survey and employs fuzzy set qualitative comparative analysis to uncover the various paths through which different principles of effectuation drive corporate RI. The findings indicate that digital-type, alliance-type, and larger firm exploratory-type contingent-driven configurations play equifinal roles in promoting corporate RI. While corporations remain contingent, they need to adopt different paths to achieve RI based on the digital economy environment and their own size. This study contributes to the literature on RI in three ways. First, it extends the research context of existing literature by incorporating the digital economy. Second, it provides new theoretical insights for RI by using different configurations to show the multiple paths corporations can take to achieve RI in the digital economy. Third, by using effectual principles as an intermediate path to bridge the digital economy and RI, this research expands the application scope of effectual principles.</div></div>","PeriodicalId":48454,"journal":{"name":"Technological Forecasting and Social Change","volume":"209 ","pages":"Article 123778"},"PeriodicalIF":12.9,"publicationDate":"2024-10-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142427898","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-10-03DOI: 10.1016/j.techfore.2024.123748
Batel Yossef Ravid , Meirav Aharon Gutman
Many studies investigating urban government co-production focus on definitions and applications and often overlook the physical locations where this co-production occurs. This study introduces "physital" spaces—a synthesis of physical and digital elements—to enhance participatory urban governance. The research was guided by the following question: How can a space combining architecture and visualization technologies foster a new culture of collaboration between government and citizens in shaping urban policy? By employing architectural research methodologies that analyze a space's human behavior, the study considers a physital space in the Haifa neighborhood of Hadar with the aim of facilitating collaboration between municipal employees and civil society. The research is a Participatory Action Research (PAR) study and had three stages: designing the physital space; implementing a participation protocol to explore the functionality of the physital space in shaping urban-social policy; and critically reflecting on the emerging cultural dynamics within this innovative setting. The findings indicate that physital space not only fosters effective grouping and community bonding through its oval structure and interactive setup but also motivates participants to engage in dynamic co-production. The study challenges current Smart City paradigms that often limit real community involvement in decision making spaces, demonstrating how physital spaces can bridge the gap between theoretical urban governance and practical, inclusive policy making.
{"title":"The place of co-production: A physital space for collaborative urban government","authors":"Batel Yossef Ravid , Meirav Aharon Gutman","doi":"10.1016/j.techfore.2024.123748","DOIUrl":"10.1016/j.techfore.2024.123748","url":null,"abstract":"<div><div>Many studies investigating urban government co-production focus on definitions and applications and often overlook the physical locations where this co-production occurs. This study introduces \"physital\" spaces—a synthesis of physical and digital elements—to enhance participatory urban governance. The research was guided by the following question: How can a space combining architecture and visualization technologies foster a new culture of collaboration between government and citizens in shaping urban policy? By employing architectural research methodologies that analyze a space's human behavior, the study considers a physital space in the Haifa neighborhood of Hadar with the aim of facilitating collaboration between municipal employees and civil society. The research is a Participatory Action Research (PAR) study and had three stages: <em>designing</em> the physital space; <em>implementing</em> a participation protocol to explore the functionality of the physital space in shaping urban-social policy; and critically <em>reflecting on</em> the emerging cultural dynamics within this innovative setting. The findings indicate that physital space not only fosters effective grouping and community bonding through its oval structure and interactive setup but also motivates participants to engage in dynamic co-production. The study challenges current Smart City paradigms that often limit real community involvement in decision making spaces, demonstrating how physital spaces can bridge the gap between theoretical urban governance and practical, inclusive policy making.</div></div>","PeriodicalId":48454,"journal":{"name":"Technological Forecasting and Social Change","volume":"209 ","pages":"Article 123748"},"PeriodicalIF":12.9,"publicationDate":"2024-10-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142427896","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-10-03DOI: 10.1016/j.techfore.2024.123788
Chulwoong Park, Youngchul Kim
The widespread adoption of ICT including mobile apps and their online services has significantly reshaped human activities in urban spaces. The complex interaction between ICT on urban space presents challenges in understanding their relationships. This study aims to discover the empirical evidence of the spatial variance of urban space linked to ICT. To pursue this objective, this study defines spaces that leverage ICT-based activities as Digitally Accessible Spaces (DAS), and choose restaurants that provide online reservation services through NAVER, which is the most dominant search engine in South Korea. Based on fundamental measurements in location theory, we stratified the entire area in Seoul into four groups in order of profitability. Using the location quotient (LQ), we quantified the locational characteristics of DAS compared to overall restaurants. Consequently, three measurements, which are density of marketplace, distance from public transit, and proper land use, indicate that the second-tier profitable areas commonly possess the largest portion of DAS. These characteristics provided empirical evidence supporting previous studies highlighting the liberation effect and altered travel behavior resulting from ICT-based activity through qualitative and theoretical approaches. We expect that this study can contribute to further research related to the interaction between digital space and physical space.
包括移动应用程序及其在线服务在内的信息和通信技术的广泛应用极大地改变了人类在城市空间的活动。信息和通信技术与城市空间之间复杂的互动关系给理解它们之间的关系带来了挑战。本研究旨在发现与信息和通信技术相关的城市空间差异的实证证据。为实现这一目标，本研究将利用信息和通信技术开展活动的空间定义为 "数字化可达空间"（DAS），并选择通过韩国最主要的搜索引擎 NAVER 提供在线预订服务的餐厅。根据区位理论的基本测量方法，我们将首尔整个地区按照盈利能力的高低分为四组。通过位置商数（LQ），我们量化了 DAS 与整体餐厅相比的位置特征。结果显示，市场密度、与公共交通的距离和适当的土地利用这三项指标表明，二线盈利地区通常拥有最多的 DAS。这些特征为之前的研究提供了实证支持，这些研究通过定性和理论方法强调了基于信息通信技术的活动所带来的解放效应和旅行行为的改变。我们期待本研究能为进一步开展数字空间与物理空间互动的相关研究做出贡献。
{"title":"Digitally accessible space: Discovery of the distinctive locational characteristics of restaurants with online reservation","authors":"Chulwoong Park, Youngchul Kim","doi":"10.1016/j.techfore.2024.123788","DOIUrl":"10.1016/j.techfore.2024.123788","url":null,"abstract":"<div><div>The widespread adoption of ICT including mobile apps and their online services has significantly reshaped human activities in urban spaces. The complex interaction between ICT on urban space presents challenges in understanding their relationships. This study aims to discover the empirical evidence of the spatial variance of urban space linked to ICT. To pursue this objective, this study defines spaces that leverage ICT-based activities as Digitally Accessible Spaces (DAS), and choose restaurants that provide online reservation services through NAVER, which is the most dominant search engine in South Korea. Based on fundamental measurements in location theory, we stratified the entire area in Seoul into four groups in order of profitability. Using the location quotient (LQ), we quantified the locational characteristics of DAS compared to overall restaurants. Consequently, three measurements, which are density of marketplace, distance from public transit, and proper land use, indicate that the second-tier profitable areas commonly possess the largest portion of DAS. These characteristics provided empirical evidence supporting previous studies highlighting the liberation effect and altered travel behavior resulting from ICT-based activity through qualitative and theoretical approaches. We expect that this study can contribute to further research related to the interaction between digital space and physical space.</div></div>","PeriodicalId":48454,"journal":{"name":"Technological Forecasting and Social Change","volume":"209 ","pages":"Article 123788"},"PeriodicalIF":12.9,"publicationDate":"2024-10-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142427899","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-10-02DOI: 10.1016/j.techfore.2024.123784
Carlos Estévez-Mendoza , Ángeles Montoro-Sánchez
Innovation is a significant factor for business sustainability, and, at the same time, corporate governance plays a key role in defining appropriate directions for firms addressing the challenges it implies. We try to understand which are the relevant contributions, topics, and intellectual framework in the existing research literature exploring the relationship between innovation and corporate governance to advance the research in this arena. To that aim, we use bibliometric methods to analyze 766 articles published in the last three decades. We identify different periods in the research works, showing an evolution in terms of the number of articles, the scope they cover, and the variety of related topics. Also, we identify the intellectual framework that underlays the contributions, discuss the main pillars of the research corpus concerning the core themes, identify gaps in research, and point to new avenues of study in this realm.
{"title":"Exploring the relationship between innovation and corporate governance","authors":"Carlos Estévez-Mendoza , Ángeles Montoro-Sánchez","doi":"10.1016/j.techfore.2024.123784","DOIUrl":"10.1016/j.techfore.2024.123784","url":null,"abstract":"<div><div>Innovation is a significant factor for business sustainability, and, at the same time, corporate governance plays a key role in defining appropriate directions for firms addressing the challenges it implies. We try to understand which are the relevant contributions, topics, and intellectual framework in the existing research literature exploring the relationship between innovation and corporate governance to advance the research in this arena. To that aim, we use bibliometric methods to analyze 766 articles published in the last three decades. We identify different periods in the research works, showing an evolution in terms of the number of articles, the scope they cover, and the variety of related topics. Also, we identify the intellectual framework that underlays the contributions, discuss the main pillars of the research corpus concerning the core themes, identify gaps in research, and point to new avenues of study in this realm.</div></div>","PeriodicalId":48454,"journal":{"name":"Technological Forecasting and Social Change","volume":"209 ","pages":"Article 123784"},"PeriodicalIF":12.9,"publicationDate":"2024-10-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142427895","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-10-02DOI: 10.1016/j.techfore.2024.123785
Khalid Eltayeb Elfaki, Elsadig Musa Ahmed
This study investigates the relationship between technological innovations, financial development, and income inequality implications on achieving Sustainable Development Goal 10 (SDG10) in seven Asian economies via testing the inverted U-shaped hypothesis of technological innovation on income inequality in the concept of technological Kuznets curve hypothesis. The significant contribution of this study is introducing the Technological Kuznets Curve (TKC) as an extension to the Kuznets curve (KC) framework to capture the impact of technological innovation on income inequality. The PMG/ARDL was applied to estimate the coefficients to accomplish the study's objective. The panel cointegration tests confirm that all variables are cointegrated with income inequality. The empirical findings validate the KC hypothesis and demonstrate that technological innovations contribute to reducing income inequality within the Kuznets curve framework in the long run. Financial development (money supply) was negatively correlated with income inequality. The study further validates the TKC hypothesis, revealing an inverted U-shaped relationship between technological innovations and income inequality. Financial development, measured by domestic credit to the private sector, also shows a negative correlation with income inequality within the TKC framework. However, the money supply demonstrates a positive link with income inequality. The study recommended the necessity to prioritize policies that support technological innovation through subsidies, encouragement for research and development, and collaborations between the public and private sectors will greatly lower income inequality and support achieving Sustainable Development Goal 10 (SDG10). Financial development significantly facilitates access to financial services and contributes to diminishing income inequality by building an effective and inclusive banking system (mobile banking services for poor communities), easing access to credit for emerging and small and midsize enterprises (SMEs), and money circulation. Governments should strategically allocate resources toward programs and initiatives that directly address income inequality and promote inclusive growth.
本研究通过检验技术库兹涅茨曲线假说概念中技术创新对收入不平等的倒 U 型假说，探讨了七个亚洲经济体的技术创新、金融发展和收入不平等对实现可持续发展目标 10（SDG10）的影响之间的关系。本研究的重大贡献在于引入了技术库兹涅茨曲线（TKC）作为库兹涅茨曲线（KC）框架的扩展，以捕捉技术创新对收入不平等的影响。本研究采用 PMG/ARDL 对系数进行估计，以实现研究目标。面板协整检验证实，所有变量都与收入不平等存在协整关系。实证结果验证了 KC 假设，并表明技术创新有助于在库兹涅茨曲线框架内长期减少收入不平等。金融发展（货币供应）与收入不平等呈负相关。研究进一步验证了库兹涅茨曲线假说，揭示了技术创新与收入不平等之间的倒 U 型关系。在 TKC 框架内，以私营部门国内信贷衡量的金融发展也与收入不平等呈负相关。不过，货币供应量与收入不平等呈正相关。研究建议，有必要优先考虑通过补贴、鼓励研发以及公共和私营部门之间的合作来支持技术创新的政策，这将大大降低收入不平等，并有助于实现可持续发展目标 10（SDG10）。金融发展通过建立有效的包容性银行系统（为贫困社区提供移动银行服务）、为新兴企业和中小型企业（SMEs）提供信贷便利以及货币流通，极大地便利了金融服务的获取，并有助于减少收入不平等。各国政府应将资源战略性地分配给直接解决收入不平等问题和促进包容性增长的计划和举措。
{"title":"Testing technological Kuznets curve implications on achieving sustainable development goal 10 in seven Asian countries","authors":"Khalid Eltayeb Elfaki, Elsadig Musa Ahmed","doi":"10.1016/j.techfore.2024.123785","DOIUrl":"10.1016/j.techfore.2024.123785","url":null,"abstract":"<div><div>This study investigates the relationship between technological innovations, financial development, and income inequality implications on achieving Sustainable Development Goal 10 (SDG10) in seven Asian economies via testing the inverted U-shaped hypothesis of technological innovation on income inequality in the concept of technological Kuznets curve hypothesis. The significant contribution of this study is introducing the Technological Kuznets Curve (TKC) as an extension to the Kuznets curve (KC) framework to capture the impact of technological innovation on income inequality. The PMG/ARDL was applied to estimate the coefficients to accomplish the study's objective. The panel cointegration tests confirm that all variables are cointegrated with income inequality. The empirical findings validate the KC hypothesis and demonstrate that technological innovations contribute to reducing income inequality within the Kuznets curve framework in the long run. Financial development (money supply) was negatively correlated with income inequality. The study further validates the TKC hypothesis, revealing an inverted U-shaped relationship between technological innovations and income inequality. Financial development, measured by domestic credit to the private sector, also shows a negative correlation with income inequality within the TKC framework. However, the money supply demonstrates a positive link with income inequality. The study recommended the necessity to prioritize policies that support technological innovation through subsidies, encouragement for research and development, and collaborations between the public and private sectors will greatly lower income inequality and support achieving Sustainable Development Goal 10 (SDG10). Financial development significantly facilitates access to financial services and contributes to diminishing income inequality by building an effective and inclusive banking system (mobile banking services for poor communities), easing access to credit for emerging and small and midsize enterprises (SMEs), and money circulation. Governments should strategically allocate resources toward programs and initiatives that directly address income inequality and promote inclusive growth.</div></div>","PeriodicalId":48454,"journal":{"name":"Technological Forecasting and Social Change","volume":"209 ","pages":"Article 123785"},"PeriodicalIF":12.9,"publicationDate":"2024-10-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142427894","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-10-01DOI: 10.1016/j.techfore.2024.123783
Peng Gao , Jie He , Marek Vochozka , Shiyang Hu
This paper analyzes the determinants of green technology innovation cycles using a panel data sample of A-share group-holding state-owned firms listed on the Shanghai and Shenzhen stock exchanges from 2014 to 2021. We assess the effects of the Central Environmental Protection Inspection (CEPI) within business groups. According to the empirical findings, if certain firms undergo the CEPI, it promotes an increase in green technology innovation in other uninspected firms within the business group. We also find that the CEPI on business groups enhances the quality of green technology innovation, promoting technological advancement and influencing the green technological cycle. Social learning and corporate knowledge spillover theories explain the mechanism for promoting green technology innovation in firms. These findings enrich research on corporate green technology innovation in China and provide insights into how policymakers promote green development.
本文以 2014 年至 2021 年在上海和深圳证券交易所上市的 A 股集团控股国有企业为面板数据样本，分析了绿色技术创新周期的决定因素。我们评估了企业集团内部中央环保督查的影响。根据实证研究结果，如果某些企业接受了中央环保督查，则会促进企业集团内其他未接受督查的企业增加绿色技术创新。我们还发现，企业集团的 CEPI 提高了绿色技术创新的质量，促进了技术进步，影响了绿色技术周期。社会学习和企业知识溢出理论解释了促进企业绿色技术创新的机制。这些发现丰富了中国企业绿色技术创新的研究，并为政策制定者如何推动绿色发展提供了启示。
{"title":"Deterrent effects of central environmental protection inspection on green technology innovation cycles: Evidence from the listed state-owned firms in China","authors":"Peng Gao , Jie He , Marek Vochozka , Shiyang Hu","doi":"10.1016/j.techfore.2024.123783","DOIUrl":"10.1016/j.techfore.2024.123783","url":null,"abstract":"<div><div>This paper analyzes the determinants of green technology innovation cycles using a panel data sample of A-share group-holding state-owned firms listed on the Shanghai and Shenzhen stock exchanges from 2014 to 2021. We assess the effects of the Central Environmental Protection Inspection (CEPI) within business groups. According to the empirical findings, if certain firms undergo the CEPI, it promotes an increase in green technology innovation in other uninspected firms within the business group. We also find that the CEPI on business groups enhances the quality of green technology innovation, promoting technological advancement and influencing the green technological cycle. Social learning and corporate knowledge spillover theories explain the mechanism for promoting green technology innovation in firms. These findings enrich research on corporate green technology innovation in China and provide insights into how policymakers promote green development.</div></div>","PeriodicalId":48454,"journal":{"name":"Technological Forecasting and Social Change","volume":"209 ","pages":"Article 123783"},"PeriodicalIF":12.9,"publicationDate":"2024-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142427379","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-09-30DOI: 10.1016/j.techfore.2024.123779
Kristel Moedt , Christian Lechner , Svetlana Khapova
The hypergrowth of technological scale-ups is receiving growing research attention from TIM (Technology and Innovation Management) scholars. While much is researched and written about hypergrowth's strategic topics, scaling of technology, and physical assets, less attention is given to the internal challenges faced by rapidly and massively scaling firms. In this paper, we argue that if TIM scholars focusing on product development and new market entrance are to advance knowledge concerned with hypergrowth of scale-ups, they need to join the conversation with the general management scholars who focus on how to manage people in a rapidly developing context. We build our arguments by drawing on Penrose's theory of firm growth, which emphasizes that growth is a function of management capacity and possession of resources, and which suggests that massive scaling in one type of resource will lead to imbalances of other types of resources. We also draw on the cognitive theory of the firm, which suggests that a firm's priorities are the outcome of its top managers' mental models. Consequently, we put forward that technology-based firms, successful in technology scaling, will create issues and challenges on the human side of organizations. These challenges include HR issues, like hiring and turnover, leadership challenges, and organizational culture, which are often the focus of management research. To inspire new research, we review research evidence from technology and management literature integrating available evidence concerned with the “growing pains” of hyperscaling firms. We identify at least three important drivers of hypergrowth in technology scale-ups that affect the firm's internal processes: i) time pressure, ii) constant change, and iii) scarcity of resources. These context drivers put the workforce in a stressful situation due to a) expanding job demands, b) massive hiring, c) changing leadership requirements, and d) evolving organizational culture. We integrate our findings into an organizing framework that dynamically relates hypergrowth to effects in organizations. We conclude this paper with suggestions for how the growing pains can be addressed by future research on hypergrowth firms.
{"title":"Growing pains during scale-up hypergrowth: Integration and future research agenda","authors":"Kristel Moedt , Christian Lechner , Svetlana Khapova","doi":"10.1016/j.techfore.2024.123779","DOIUrl":"10.1016/j.techfore.2024.123779","url":null,"abstract":"<div><div>The hypergrowth of technological scale-ups is receiving growing research attention from TIM (Technology and Innovation Management) scholars. While much is researched and written about hypergrowth's strategic topics, scaling of technology, and physical assets, less attention is given to the internal challenges faced by rapidly and massively scaling firms. In this paper, we argue that if TIM scholars focusing on product development and new market entrance are to advance knowledge concerned with hypergrowth of scale-ups, they need to join the conversation with the general management scholars who focus on how to manage people in a rapidly developing context. We build our arguments by drawing on Penrose's theory of firm growth, which emphasizes that growth is a function of management capacity and possession of resources, and which suggests that massive scaling in one type of resource will lead to imbalances of other types of resources. We also draw on the cognitive theory of the firm, which suggests that a firm's priorities are the outcome of its top managers' mental models. Consequently, we put forward that technology-based firms, successful in technology scaling, will create issues and challenges on the human side of organizations. These challenges include HR issues, like hiring and turnover, leadership challenges, and organizational culture, which are often the focus of management research. To inspire new research, we review research evidence from technology and management literature integrating available evidence concerned with the “growing pains” of hyperscaling firms. We identify at least three important drivers of hypergrowth in technology scale-ups that affect the firm's internal processes: i) time pressure, ii) constant change, and iii) scarcity of resources. These context drivers put the workforce in a stressful situation due to a) expanding job demands, b) massive hiring, c) changing leadership requirements, and d) evolving organizational culture. We integrate our findings into an organizing framework that dynamically relates hypergrowth to effects in organizations. We conclude this paper with suggestions for how the growing pains can be addressed by future research on hypergrowth firms.</div></div>","PeriodicalId":48454,"journal":{"name":"Technological Forecasting and Social Change","volume":"209 ","pages":"Article 123779"},"PeriodicalIF":12.9,"publicationDate":"2024-09-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142358692","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-09-30DOI: 10.1016/j.techfore.2024.123758
Taeyoung Park , Jeehoon Ki , Jae-Yun Ho
The advent of the so-called “Fourth Industrial Revolution” technologies has led to increased use of policy to support innovation in particular sectors of emerging technologies; however, limited academic research has been conducted on such sectoral innovation policy. As greater understanding is required of the socio-technical contexts in which such policies are implemented, this study develops a conceptual framework based on the socio-technical systems (STS) perspective. Together with the concept of innovation policy instrument mixes, the proposed framework allows for more effective design and analysis of sector-specific innovation policy for emerging technologies that have high societal impact. The framework is then used in a comparative case study of the autonomous vehicle (AV) sector across five leading countries through a comprehensive review of policy documents. The case study revealed similarities and differences in AV policy across countries, demonstrating the need for sectoral innovation policy that is more tailored in specific socio-technical contexts. The study also provides practical guidelines for innovation policy to support other emerging high-tech sectors. The increasing complexity of policy mixes results in challenges of policy coordination and evaluation hence, policy patching can be a more realistic and beneficial strategy than policy packaging.
{"title":"Sectoral innovation policy adopting socio-technical systems (STS) perspectives: The case of autonomous vehicles (AVs) in five leading countries","authors":"Taeyoung Park , Jeehoon Ki , Jae-Yun Ho","doi":"10.1016/j.techfore.2024.123758","DOIUrl":"10.1016/j.techfore.2024.123758","url":null,"abstract":"<div><div>The advent of the so-called “Fourth Industrial Revolution” technologies has led to increased use of policy to support innovation in particular sectors of emerging technologies; however, limited academic research has been conducted on such sectoral innovation policy. As greater understanding is required of the socio-technical contexts in which such policies are implemented, this study develops a conceptual framework based on the socio-technical systems (STS) perspective. Together with the concept of innovation policy instrument mixes, the proposed framework allows for more effective design and analysis of sector-specific innovation policy for emerging technologies that have high societal impact. The framework is then used in a comparative case study of the autonomous vehicle (AV) sector across five leading countries through a comprehensive review of policy documents. The case study revealed similarities and differences in AV policy across countries, demonstrating the need for sectoral innovation policy that is more tailored in specific socio-technical contexts. The study also provides practical guidelines for innovation policy to support other emerging high-tech sectors. The increasing complexity of policy mixes results in challenges of policy coordination and evaluation hence, policy patching can be a more realistic and beneficial strategy than policy packaging.</div></div>","PeriodicalId":48454,"journal":{"name":"Technological Forecasting and Social Change","volume":"209 ","pages":"Article 123758"},"PeriodicalIF":12.9,"publicationDate":"2024-09-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142358690","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-09-30DOI: 10.1016/j.techfore.2024.123780
Zihao Guo , Yuetong Wei , Shuangshuang Fan , Muhammad Shahbaz
Financial technology (FinTech) functions as a world-recognized vital driver for high-quality development. Different from recent research that merely involves empirical studies of the correlation between FinTech and inclusive growth, we first employ mathematical model analysis to theoretically distinguish the underlying mechanism through which FinTech influences inclusive growth in China. Subsequently, we built a series of mathematical models to deconstruct three effects of FinTech on inclusive growth: entrepreneurship stimulation, human capital investment, and innovation promotion effect, followed by a re-examination of these mechanisms using panel data that covers 281 prefecture-level cities in China from 2011 to 2020. The empirical results show a solid positive impact of FinTech on inclusive growth in China. Further mechanism tests confirm that entrepreneurship stimulation, human capital investment, and innovation promotion serve as three plausible economic channels that account for this effect, supporting our theoretical conjecture. Moreover, we adopt machine learning algorithm to simulate different inclusive growth levels in China from 2021 to 2030 under different scenarios and therefore propose policy suggestions to bolster inclusive growth. Overall, these findings shed greater light on the FinTech-inclusive growth nexus and provide new insights into the real effects of FinTech on sustainable development in developing economies that bear resemblance to China.
{"title":"Is FinTech making world more “inclusive”? Evidence from inclusive growth story of China","authors":"Zihao Guo , Yuetong Wei , Shuangshuang Fan , Muhammad Shahbaz","doi":"10.1016/j.techfore.2024.123780","DOIUrl":"10.1016/j.techfore.2024.123780","url":null,"abstract":"<div><div>Financial technology (FinTech) functions as a world-recognized vital driver for high-quality development. Different from recent research that merely involves empirical studies of the correlation between FinTech and inclusive growth, we first employ mathematical model analysis to theoretically distinguish the underlying mechanism through which FinTech influences inclusive growth in China. Subsequently, we built a series of mathematical models to deconstruct three effects of FinTech on inclusive growth: entrepreneurship stimulation, human capital investment, and innovation promotion effect, followed by a re-examination of these mechanisms using panel data that covers 281 prefecture-level cities in China from 2011 to 2020. The empirical results show a solid positive impact of FinTech on inclusive growth in China. Further mechanism tests confirm that entrepreneurship stimulation, human capital investment, and innovation promotion serve as three plausible economic channels that account for this effect, supporting our theoretical conjecture. Moreover, we adopt machine learning algorithm to simulate different inclusive growth levels in China from 2021 to 2030 under different scenarios and therefore propose policy suggestions to bolster inclusive growth. Overall, these findings shed greater light on the FinTech-inclusive growth nexus and provide new insights into the real effects of FinTech on sustainable development in developing economies that bear resemblance to China.</div></div>","PeriodicalId":48454,"journal":{"name":"Technological Forecasting and Social Change","volume":"209 ","pages":"Article 123780"},"PeriodicalIF":12.9,"publicationDate":"2024-09-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142358691","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-09-29DOI: 10.1016/j.techfore.2024.123786
Touseef Hameed , Fikru Kefyalew Alemayehu , Subal C. Kumbhakar
In an era where sustainability demands are increasing, green innovation (GI) is garnering widespread acclaim for its profound social and environmental benefits. This study explores how GI affects productivity and efficiency in Norwegian service and manufacturing firms, using a state-of-the-art stochastic frontier model (semi-parametric smooth coefficient) tailored to analyze firm-specific impacts essential for competitiveness in a green economy. We identify two main pathways through which GI affects productivity: technological heterogeneity and shifts in inefficiency. The impact on technology is split into neutral (direct) and non-neutral (indirect) effects, with the neutral effect being independent of factor inputs, and the non-neutral effect being influenced by both technology heterogeneity and input levels. We evaluate the marginal effects of GI on productivity through technology and inefficiency. Our GI construct includes innovations such as reduced material/energy use, lower CO2 emissions, noise reduction, hazardous material substitution, and adoption of renewable energy. Analyzing data from 3,130 Norwegian firms, our findings highlight the crucial role of GI in sustainability, underscoring its strategic importance across sectors. We find a positive neutral pathway effect but negatively impacts productivity through non-neutral pathways. GI also positively influences inefficiency, particularly in manufacturing.
在可持续发展要求日益提高的时代，绿色创新（GI）因其深远的社会和环境效益而广受赞誉。本研究探讨了绿色创新如何影响挪威服务业和制造业企业的生产率和效率，采用了最先进的随机前沿模型（半参数平稳系数），专门用于分析绿色经济中对企业竞争力至关重要的特定影响。我们确定了 GI 影响生产率的两个主要途径：技术异质性和低效率转变。对技术的影响分为中性（直接）影响和非中性（间接）影响，中性影响与要素投入无关，而非中性影响则受技术异质性和投入水平的影响。我们通过技术和低效率来评估 GI 对生产率的边际效应。我们的地理信息结构包括减少材料/能源使用、降低二氧化碳排放、减少噪音、危险材料替代和采用可再生能源等创新。通过分析来自 3130 家挪威企业的数据，我们的研究结果凸显了地理信息创新在可持续发展中的关键作用，强调了其在各行业中的战略重要性。我们发现了积极的中性路径效应，但通过非中性路径对生产率产生了负面影响。地理信息系统还对低效率产生积极影响，尤其是在制造业。
{"title":"Green innovation in Norwegian firms: Navigating the complexity of productivity and performance","authors":"Touseef Hameed , Fikru Kefyalew Alemayehu , Subal C. Kumbhakar","doi":"10.1016/j.techfore.2024.123786","DOIUrl":"10.1016/j.techfore.2024.123786","url":null,"abstract":"<div><div>In an era where sustainability demands are increasing, green innovation (GI) is garnering widespread acclaim for its profound social and environmental benefits. This study explores how GI affects productivity and efficiency in Norwegian service and manufacturing firms, using a state-of-the-art stochastic frontier model (semi-parametric smooth coefficient) tailored to analyze firm-specific impacts essential for competitiveness in a green economy. We identify two main pathways through which GI affects productivity: technological heterogeneity and shifts in inefficiency. The impact on technology is split into neutral (direct) and non-neutral (indirect) effects, with the neutral effect being independent of factor inputs, and the non-neutral effect being influenced by both technology heterogeneity and input levels. We evaluate the marginal effects of GI on productivity through technology and inefficiency. Our GI construct includes innovations such as reduced material/energy use, lower CO2 emissions, noise reduction, hazardous material substitution, and adoption of renewable energy. Analyzing data from 3,130 Norwegian firms, our findings highlight the crucial role of GI in sustainability, underscoring its strategic importance across sectors. We find a positive neutral pathway effect but negatively impacts productivity through non-neutral pathways. GI also positively influences inefficiency, particularly in manufacturing.</div></div>","PeriodicalId":48454,"journal":{"name":"Technological Forecasting and Social Change","volume":"209 ","pages":"Article 123786"},"PeriodicalIF":12.9,"publicationDate":"2024-09-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142358758","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
扫码关注我们
求助内容：
应助结果提醒方式：
京公网安备 11010802042870号