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Initial Coin Offerings as a Contemporary Financing Alternative: Successful Ways to Raise Funds 首次代币发行作为一种当代融资选择:成功的融资方式
IF 4.6 3区 管理学 Q1 BUSINESS Pub Date : 2024-11-11 DOI: 10.1109/TEM.2024.3495992
Klaus Ulrich;Domingo Ribeiro-Soriano;Francisco Javier García-Isla
Initial coin offerings (ICOs) have emerged as a modern alternative financing instrument capable of connecting economic agents, entrepreneurs, and investors from all over the world. The benefits of blockchain technology in terms of privacy, security, and immutability make these financing tools particularly attractive. In this article, we analyze ICOs through the world's largest global database of ICOs. The analysis has been carried out through fsQCA methodology to a sample of 75 projects funded through this funding tool and aims to answer what are the possible ways to achieve success in fundraising in an ICO. The results shed light on the importance of financial factors, such as the risk of the operation, but also related to communication and user communities for the success or failure of these campaigns. The aim of this article is to provide entrepreneurs with a tool to help them plan their ICOs, develop them in a suitable way to attract the largest amount of funds, and mobilize investors’ resources, achieving a synergy between the entrepreneur and the investor, with impactful, innovative, and profitable projects. It is also intended to contribute to the academic development of the subject with comparative qualitative studies.
首次代币发行(ico)已经成为一种现代的替代融资工具,能够连接来自世界各地的经济代理人、企业家和投资者。区块链技术在隐私、安全性和不变性方面的优势使这些融资工具特别有吸引力。在本文中,我们通过世界上最大的ico全球数据库来分析ico。通过fsQCA方法对通过该融资工具资助的75个项目样本进行了分析,旨在回答在ICO中获得成功融资的可能方法。结果揭示了财务因素的重要性,例如操作风险,但也与这些活动的成功或失败有关的沟通和用户社区。本文的目的是为企业家提供一个工具,帮助他们规划自己的ico,以合适的方式发展ico,以吸引最大数量的资金,并调动投资者的资源,实现企业家和投资者之间的协同,实现有影响力、创新和盈利的项目。它还旨在通过比较定性研究促进这一主题的学术发展。
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引用次数: 0
Prediction of Technology Convergence on the Basis of Supernetwork 基于超级网络的技术融合预测
IF 4.6 3区 管理学 Q1 BUSINESS Pub Date : 2024-11-11 DOI: 10.1109/TEM.2024.3495655
Junwan Liu;Zining Cui;Shuo Xu;Xiaofei Guo;Zhixin Long
Given the significance of technology convergence for innovation and launching new products, accurately predicting technology convergence is critical to the pursuit of technological innovation. Although previous studies have been proposed to predict technology convergence, the framework using single-layer international patent classification (IPC) networks neglects the potential connections between components. This issue leads to the prediction that IPC nodes in separate components will not overlap. This study utilizes IPC, patentee, and topic information to construct a technology supernetwork model consisting of “Topic-IPC-Patentee” three layers, aiming to overcome the issue of IPCs located in different components being unable to connect. Based on the supernetwork, we adopt a link prediction method based on superedge similarity to predict the technology convergence and a case analysis on the field of gene editing is conducted. According to experimental results, we observe that the technology supernetwork model can effectively predict the convergence of gene editing technologies, demonstrating robust predictive performance. The main contribution of this research is to provide a methodology that accurately predicts technology convergence, which can help firms deploy their research and development (R&D) strategies, policymakers develop insightful policies, and investors capitalize high-value projects.
鉴于技术融合对创新和推出新产品的重要意义,准确预测技术融合对追求技术创新至关重要。虽然以前的研究已经提出预测技术融合,但使用单层国际专利分类(IPC)网络的框架忽略了组件之间的潜在联系。这个问题导致了独立组件中的IPC节点不会重叠的预测。本研究利用IPC、专利权人、主题信息构建了由“主题-IPC-专利权人”三层构成的技术超级网络模型,旨在克服IPC位于不同组件无法连接的问题。基于超级网络,采用基于超边缘相似度的链接预测方法预测技术融合,并对基因编辑领域进行了案例分析。实验结果表明,该技术超网络模型能够有效预测基因编辑技术的收敛性,显示出稳健的预测性能。本研究的主要贡献在于提供了一种准确预测技术融合的方法,这可以帮助企业部署他们的研发(R&D)战略,政策制定者制定有洞察力的政策,投资者利用高价值项目。
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引用次数: 0
Default Identification of Scientific Crowdfunding Projects: A Hesitant Fuzzy Deep Learning Approach 科学众筹项目的默认识别:一种犹豫模糊深度学习方法
IF 4.6 3区 管理学 Q1 BUSINESS Pub Date : 2024-11-11 DOI: 10.1109/TEM.2024.3495496
Wei Zhou;Shuke Wang;Jin Chen
To promote and achieve innovations, crowdfunding projects have emerged as a novel tool for attracting financial support for scientific research. However, before initiating a crowdfunding campaign, only the project's presentation and contractual terms can be disclosed, and then reasonable judgment and evaluation are important to make an informed investment decision regarding the crowdfunding project. To do this, this article introduces the probabilistic hesitant fuzzy set (PHFS) into the evaluation process and proposes the probabilistic hesitant recursive neural network (PH-RNN). The PH-RNN represents an innovative approach within the realm of hesitant deep learning, employing PHFS to comprehensively articulate subjective cognitive insights. Subsequently, diverse descriptions can be meticulously considered in the default identification process, thereby facilitating the precise identification of potential defaults for scientific crowdfunding projects. In this modeling process, a data processing layer for the PH-RNN is developed, which can effectively integrate the probabilistic hesitant fuzzy information. Moreover, a default recognition algorithm is further designed to address the complexities of deep learning in conjunction with the PHFS. Conclusively, an empirical study conducted on the scientific crowdfunding platform “Experiment” is presented to demonstrate the proposed models and process.
为了促进和实现创新,众筹项目已经成为吸引科研资金支持的一种新工具。然而,在众筹项目启动之前,只能披露项目的介绍和合同条款,然后进行合理的判断和评估,对于众筹项目做出明智的投资决策至关重要。为此,本文将概率犹豫模糊集(PHFS)引入到评价过程中,提出了概率犹豫递归神经网络(PH-RNN)。PH-RNN代表了犹豫深度学习领域的一种创新方法,使用PHFS全面阐明主观认知见解。随后,在违约识别过程中可以细致地考虑多种描述,从而有利于科学众筹项目对潜在违约的准确识别。在建模过程中,开发了PH-RNN的数据处理层,可以有效地整合概率犹豫模糊信息。此外,进一步设计了一个默认识别算法来解决深度学习与PHFS结合的复杂性。最后,通过科学众筹平台“实验”的实证研究,对所提出的模型和流程进行了验证。
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引用次数: 0
The Critical Mediator Role of Process Management for Effective Industry 4.0 Implementation in SMEs 流程管理对中小企业有效实施工业4.0的关键中介作用
IF 4.6 3区 管理学 Q1 BUSINESS Pub Date : 2024-11-08 DOI: 10.1109/TEM.2024.3494535
Eyup Kahveci;Arzu Karaman Akgul;Tugrul Daim;Dirk Meissner
This article investigates the pivotal role of Industry 4.0 (I4.0) process management (PM) in leveraging human resources (HR) and operational processes to align with strategic objectives and organizational structures, ultimately achieving competitive advantage. This article targeted small- and medium-sized enterprises (SMEs) in the manufacturing and service sectors in Istanbul, Turkey. Using a simple random sampling technique, we invited 475 firms to participate in a survey, yielding 207 usable responses. The data analysis was conducted in three stages: descriptive statistical analysis to illustrate the characteristics of the participating companies and respondents; confirmatory factor analysis to test the measurement models and ensure they fit the data; and causal analysis to evaluate the hypothesized relationships among the study's constructs. The findings reveal that PM serves as a critical mediator role in the successful implementation of I4.0. Specifically, the article identifies three primary goals in the I4.0 adoption process: strategic improvement, competitiveness, and organizational fit. Effective PM impacts these objectives through two major areas: HR and operations. This article highlights how I4.0 PM can act as a catalyst in the digital transformation of SMEs, ensuring that HR and operations are effectively harnessed to drive strategic change and organizational adaptation, and enhanced competitiveness.
本文研究了工业4.0 (I4.0)流程管理(PM)在利用人力资源(HR)和运营流程与战略目标和组织结构保持一致,最终实现竞争优势方面的关键作用。本文针对的是土耳其伊斯坦布尔制造业和服务业的中小型企业(SMEs)。使用简单的随机抽样技术,我们邀请了475家公司参与调查,得到了207份可用的回复。数据分析分三个阶段进行:描述性统计分析,以说明参与公司和受访者的特征;验证性因子分析,以测试测量模型并确保它们符合数据;以及因果分析来评估研究构念之间的假设关系。研究结果表明,项目管理在工业4.0的成功实施中起着关键的中介作用。具体来说,本文确定了采用I4.0过程中的三个主要目标:战略改进、竞争力和组织适应性。有效的项目管理通过两个主要领域:人力资源和运营来影响这些目标。本文重点介绍了I4.0 PM如何在中小企业的数字化转型中发挥催化剂的作用,确保有效利用人力资源和运营来推动战略变革和组织适应,并增强竞争力。
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引用次数: 0
Data-Driven Identification of Industrial Clusters: A Patent Analysis Approach 数据驱动的产业集群识别:专利分析方法
IF 4.6 3区 管理学 Q1 BUSINESS Pub Date : 2024-11-07 DOI: 10.1109/TEM.2024.3493627
Wenguang Lin;Ting Wang;Zhizhen Chen;Renbin Xiao
Accurate identification of industrial clusters (IIC) serves as a reference for regional economic policymaking and enterprise development decision-making. Although data-driven methods have been extensively used in previous studies to support objective and effective work, both the data sources and research algorithms have significant shortcomings for IIC. To address these challenges, this article proposes a novel research framework that integrates patent mining and machine learning. Patents, with their quantifiable knowledge attributes and accessibility from public databases, are particularly suited for macrolevel analysis of innovation activities, providing robust support for identifying and analyzing clusters on a national scale, especially knowledge-intensive ones. This article introduces an improved density-based parameter adaptive algorithm designed to effectively carry out IIC based on the geographical location of patent applicants. Based on spatial cluster types defined by Markusen (1996), target clusters are classified using patent analysis. Four quantitative indexes–scale, output, efficiency, and quantity–are proposed to evaluate clusters based on their spatial structure and industrial organization. The practical application is demonstrated through a case study of China's flexible electronics industry. In addition, the Silhouette Coefficient index is employed to compare the effectiveness of the proposed algorithm against other methods. This article advances the theory of IIC, and provides foundation for scholars, calling for empirical research on industrial clusters from the perspective of individual enterprises. It also provides practical guidance for enterprises and policymakers on the application of IIC.
准确识别产业集群(IIC)可为区域经济政策制定和企业发展决策提供参考。尽管数据驱动方法已在以往的研究中得到广泛应用,为客观有效的工作提供了支持,但对于产业集群识别而言,数据来源和研究算法都存在明显不足。为了应对这些挑战,本文提出了一种将专利挖掘与机器学习相结合的新型研究框架。专利具有可量化的知识属性,且可从公共数据库中获取,因此特别适合对创新活动进行宏观分析,为在全国范围内识别和分析集群,尤其是知识密集型集群提供有力支持。本文介绍了一种改进的基于密度的参数自适应算法,旨在根据专利申请人的地理位置有效地开展创新集群分析。根据 Markusen(1996)定义的空间集群类型,利用专利分析对目标集群进行分类。提出了规模、产出、效率和数量四个定量指标,根据空间结构和产业组织对集群进行评价。通过对中国柔性电子产业的案例研究,展示了该方法的实际应用。此外,还采用了剪影系数指数来比较所提算法与其他方法的有效性。本文推进了 IIC 理论的发展,为学者们提供了基础,呼吁从单个企业的角度对产业集群进行实证研究。文章还为企业和政策制定者应用 IIC 提供了实践指导。
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引用次数: 0
Acceptance and Development of Quantum Computing in the Netherlands and Germany: Barriers and Remedies From a Multistakeholder Perspective 量子计算在荷兰和德国的接受和发展:从多方利益相关者的角度来看障碍和补救措施
IF 4.6 3区 管理学 Q1 BUSINESS Pub Date : 2024-11-07 DOI: 10.1109/TEM.2024.3493600
Julian Martens;Indika Kumara;Dario Di Nucci;Fabiano Pecorelli;Geert Monsieur;Damian Andrew Tamburri;Willem-Jan Van Den Heuvel
This article presents a qualitative study on the barriers to the acceptance and development of quantum computing and the remedies for mitigating them. We interviewed eight quantum stakeholders from various organizations in the Netherlands and Germany with different levels of quantum expertise and diverse incentives to engage with technology development. We found 11 barriers to the acceptance and growth of quantum computing that reflect the limitations and uncertainty in the technology and the challenges to knowledge transfer and collaboration among academia, industry, policymakers, and society (i.e., the quantum stakeholders). We also found nine possible remedies to overcome these barriers by enabling effective collaboration and unobstructed information flow among stakeholders. Overall, we contribute to the existing literature on quantum computing adoption by identifying obstacles and remedies that consider both technological and stakeholder perspectives.
本文对量子计算接受和发展的障碍以及缓解这些障碍的补救措施进行了定性研究。我们采访了来自荷兰和德国不同组织的8位量子利益相关者,他们具有不同程度的量子专业知识和参与技术开发的各种激励措施。我们发现了11个阻碍量子计算接受和发展的障碍,这些障碍反映了该技术的局限性和不确定性,以及学术界、工业界、政策制定者和社会(即量子利益相关者)之间知识转移和合作的挑战。我们还发现了九种可能的补救措施,通过在利益相关者之间实现有效的协作和畅通的信息流来克服这些障碍。总的来说,我们通过确定考虑技术和利益相关者观点的障碍和补救措施,为现有的量子计算采用文献做出了贡献。
{"title":"Acceptance and Development of Quantum Computing in the Netherlands and Germany: Barriers and Remedies From a Multistakeholder Perspective","authors":"Julian Martens;Indika Kumara;Dario Di Nucci;Fabiano Pecorelli;Geert Monsieur;Damian Andrew Tamburri;Willem-Jan Van Den Heuvel","doi":"10.1109/TEM.2024.3493600","DOIUrl":"https://doi.org/10.1109/TEM.2024.3493600","url":null,"abstract":"This article presents a qualitative study on the barriers to the acceptance and development of quantum computing and the remedies for mitigating them. We interviewed eight quantum stakeholders from various organizations in the Netherlands and Germany with different levels of quantum expertise and diverse incentives to engage with technology development. We found 11 barriers to the acceptance and growth of quantum computing that reflect the limitations and uncertainty in the technology and the challenges to knowledge transfer and collaboration among academia, industry, policymakers, and society (i.e., the quantum stakeholders). We also found nine possible remedies to overcome these barriers by enabling effective collaboration and unobstructed information flow among stakeholders. Overall, we contribute to the existing literature on quantum computing adoption by identifying obstacles and remedies that consider both technological and stakeholder perspectives.","PeriodicalId":55009,"journal":{"name":"IEEE Transactions on Engineering Management","volume":"72 ","pages":"62-77"},"PeriodicalIF":4.6,"publicationDate":"2024-11-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142938223","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Eco-Design-Based Framework for Selecting Façade Material 基于生态设计的立面材料选择框架
IF 4.6 3区 管理学 Q1 BUSINESS Pub Date : 2024-11-06 DOI: 10.1109/TEM.2024.3492494
Mona Mustafa;Khalid S. AL-Gahtani;Naif M. Alsanabani;Ahmed El Shenawy;Ayman A. Altuwaim
Choosing to build façade materials impacts preserving energy and the surrounding environment. A few previous papers studied the environmental aspect of choosing a building facade. This article developed an integrated eco-design system consisting of three dimensions (environmental, economic, and social). The weights of these dimensions and their subdimensions were weighted utilizing the analytical hierarchy process (AHP)/pairwise comparison approach. These weights were combined to investigate the available alternatives using the VIKOR method. This framework was then implemented in a case study involving Saudi Arabian hotel buildings. Reducing the hazardous or toxic content of building materials, energy emissions associated with materials production, and exploiting natural resources utilized in materials production were significant subdimensions. Panels made of natural stone are regarded as the most suitable alternative. This document advocates for the adoption of natural and eco-friendly materials by decision-makers and stakeholders for building facades.
选择合适的建筑材料会影响能源和周围环境的保护。之前的一些论文研究了选择建筑立面的环境方面。本文开发了一个由环境、经济和社会三个维度组成的综合生态设计系统。利用层次分析法(AHP)/两两比较法对这些维度及其子维度的权重进行加权。将这些权重组合起来,使用VIKOR方法研究可用的替代方案。然后在涉及沙特阿拉伯酒店建筑的案例研究中实施了该框架。减少建筑材料的有害或有毒含量、与材料生产相关的能源排放以及开发材料生产中利用的自然资源是重要的子维度。由天然石材制成的面板被认为是最合适的替代品。本文件提倡决策者和持份者采用天然和环保的建筑外立面材料。
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引用次数: 0
An Interactive Preference Disaggregation Method for Renewable Energy Project Sorting With Multiple Experts 多专家可再生能源项目排序的交互式偏好分解方法
IF 4.6 3区 管理学 Q1 BUSINESS Pub Date : 2024-11-05 DOI: 10.1109/TEM.2024.3491997
Zhiying Zhang;Huchang Liao;Chonghui Zhang;Xiao-Jun Zeng
To mitigate power supply and demand imbalances and achieve carbon reduction goals, provinces in China have recently been promoting the development of renewable energy (RE) projects. Multiple criteria analysis is commonly employed for RE project assessment as energy considerations from multiple perspectives are required. To support governments’ reserve work on RE projects and facilitate their smooth development, this study introduces an interactive preference disaggregation approach for RE project sorting. The sorting model accounts for the influence of different experts. To resolve contradictory preferences among experts, mathematical programming models that can ensure the reliability of the decision-making results are constructed for conflicting analysis and adjustment strategy recommendations. The proposed approach achieves a certain form of “cognitive convergence” through iterative processes and finally derives sorting results aligning with the perceptions of all experts. In addition, to promote the high-quality development of RE projects, an optimization model is given to generate improvement strategies for inferior projects based on the sorting results. An illustrative example of solar photovoltaic project sorting is provided to validate the applicability of the proposed approach.
为了缓解电力供需失衡,实现碳减排目标,中国各省最近一直在推动可再生能源项目的发展。可再生能源项目评估通常采用多准则分析,因为需要从多个角度考虑能源问题。为了支持政府对可再生能源项目的储备工作,促进可再生能源项目的顺利开展,本研究引入了一种交互式偏好分解方法对可再生能源项目进行分类。排序模型考虑了不同专家的影响。为了解决专家之间的偏好矛盾,构建了能够保证决策结果可靠性的数学规划模型,用于冲突分析和调整策略建议。该方法通过迭代过程实现一定形式的“认知收敛”,最终得到与所有专家的感知一致的排序结果。此外,为促进可再生能源项目的高质量发展,建立了可再生能源项目的优化模型,并根据排序结果生成劣势项目的改进策略。以太阳能光伏项目分类为例,验证了所提方法的适用性。
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引用次数: 0
Open Innovation Where it Really Matters: The U-Shaped Relationship Between Relative Open Innovation and Innovation Performance in Developing Countries 真正重要的开放式创新:发展中国家相对开放式创新与创新绩效的u型关系
IF 4.6 3区 管理学 Q1 BUSINESS Pub Date : 2024-11-04 DOI: 10.1109/TEM.2024.3490982
Ching T. Liao;Mehdi Bagherzadeh;Stefan Markovic;Vesna Damnjanovic
In the innovation literature, there are mixed findings as to the influence of open innovation on innovation performance, which may be due to the predominantly exclusive focus on the level of open innovation rather than on its comparison with closed innovation (i.e., relative open innovation) thereby considering the costs associated with opening up. To address this issue, we empirically examine how relative open innovation is related to innovation performance. Our fieldwork is based on 130 Serbian firms. This sample is relevant because embracing open innovation can bring several benefits to firms from developing countries but, at the same time, the contextual limitations that firms in such countries have, make the adoption of open innovation costly. Using ordinary-least-squares regression, we find a U-shaped relationship between relative open innovation and innovation performance. We contribute to the literature by showing that firms with either low or high relative open innovation achieve a greater innovation performance than those with medium-level relative open innovation. This is due to the fact that the costs associated with opening up (i.e., transitioning from closed to open innovation) are highest at the medium level of relative open innovation, and especially prominent in developing countries.
在创新文献中,关于开放式创新对创新绩效的影响的研究结果好坏参半,这可能是由于主要只关注开放式创新的水平,而没有考虑其与封闭创新(即相对开放式创新)的比较,从而考虑了与开放相关的成本。为了解决这一问题,我们实证研究了相对开放式创新与创新绩效的关系。我们的实地考察以130家塞尔维亚公司为基础。这个样本是相关的,因为拥抱开放式创新可以给发展中国家的公司带来一些好处,但与此同时,这些国家的公司所具有的背景限制使得采用开放式创新成本高昂。利用普通最小二乘回归分析发现,相对开放式创新与创新绩效呈u型关系。我们通过证明相对开放创新水平低或高的企业比相对开放创新水平中等的企业获得更大的创新绩效来为文献做出贡献。这是因为与开放(即从封闭创新向开放创新过渡)相关的成本在相对开放创新的中等水平上最高,在发展中国家尤其突出。
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引用次数: 0
Cyber Security for Cyber–Physical Systems in Critical Infrastructures: Bibliometrics Analysis and Future Directions 关键基础设施中网络物理系统的网络安全:文献计量学分析与未来方向
IF 4.6 3区 管理学 Q1 BUSINESS Pub Date : 2024-10-31 DOI: 10.1109/TEM.2024.3489273
Mahdad Pourmadadkar;Marianna Lezzi;Angelo Corallo
Cyber–physical systems (CPSs) are being increasingly connected to the physical world, making them attractive targets for cyber-attacks. The consequences of CPS cyber threats are even more drastic in critical infrastructures (CIs). This issue has triggered a surge in academic publications in this field within the past decade only. Recognizing the necessity of a comprehensive analysis of academic documents published on this topic, this article intends to conduct a bibliometric analysis of CPSs cyber security in CIs. Gathering a total of 1649 documents from the Scopus and Web of Science databases, a performance analysis is first carried out through a set of performance criteria. Then, a scientific mapping is performed based on keyword co-occurrence to visualize the knowledge area for further inference. As a result, seven thematic clusters were discovered and discussed in detail. Furthermore, an agenda for future research is identified based on the results of the bibliometric analysis, providing scope to advance the knowledge area. The outcomes of this article may be used by researchers and cyber security practitioners to have an illuminated and structured view of all the research conducted on CPSs cyber security in CIs and identify paths for further investigations on the topic.
网络物理系统(CPS)与物理世界的联系日益紧密,使其成为网络攻击的目标。在关键基础设施(CIs)中,CPS 网络威胁的后果甚至更为严重。仅在过去十年间,这一问题就引发了该领域学术出版物的激增。本文认识到有必要对该主题发表的学术文献进行全面分析,因此打算对 CI 中的 CPS 网络安全进行文献计量分析。本文从 Scopus 和 Web of Science 数据库中收集了共计 1649 篇文献,首先通过一套绩效标准进行了绩效分析。然后,根据关键词共现进行科学映射,使知识领域可视化,以便进一步推论。结果发现了七个主题集群,并对其进行了详细讨论。此外,还根据文献计量分析的结果确定了未来的研究议程,为推进该知识领域的研究提供了空间。研究人员和网络安全从业人员可以利用本文的成果,对有关 CI 中 CPS 网络安全的所有研究有一个清晰和结构化的视角,并确定进一步调查该主题的路径。
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引用次数: 0
期刊
IEEE Transactions on Engineering Management
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