The availability of social media-based data creates opportunities to obtain information about consumers, trends, companies and technologies using text mining techniques. However, the quality of the data is a significant concern for social media-based analyses. The aim of this study was to mine tweets (microblogs) to explore trends and retrieve ideas for various purposes such as product development

We contribute to the literature on the assessment of innovation systems by relating the amount of inputs available to the system and its performance through the concept of returns to scale (increasing, constant or decreasing). We study to what extent the size or scale of innovation systems relates to their performance, which is estimated through frontier Data Envelopment Analysis-TOPSIS methods, which

In order to examine the effect of technology infrastructure investment on technological innovation capability in China, this paper has theoretically analysed the mechanism of technological infrastructure investment affecting technological innovation capability, and then established a dynamic spatial durbin model (SDM) to analyse the direct and indirect effect based on panel data of 30 provinces in

While the collective “mission” to manage Covid-19, preferably through a vaccine, struggles from the time constraints that abound, researchers of “mission-oriented innovation” must conceptualize urgency better in order to keep their explanations on par with current and future policy dynamics. But how to understand “urgency” beyond observing time constraints? How does urgency transform the conditions

Telemedicine is not a simple technology but a context-dependent innovation implying significant process modifications. Despite the growing interest in telemedicine implementation, it still does not form part of the healthcare organizations' recurrent activities due to several obstacles. The neglect of process change is one of the renowned barriers. This work's originality lies in using the "process

Motivated by both the theory on socio-cultural drivers of technological innovation (Coccia 2014b), the hindering and facilitating theories on religion and innovation (Liu et al., 2018), and the Schwartz's value theory (Schwartz, 2006), this paper aims to provide empirical evidence between the two variables. In particular, we explore the impact of major religions (Christianity, Judaism, Islam and Buddhism)

A central theme of university entrepreneurship—including the generation and commercialization of university-invented research—is academic patenting (referring to patenting by university scientists). This study explores organizational-, individual- and patent-level factors and their respective relationship with academic patenting. Based on a thorough investigation of all academic patents (that have

Despite the prevalence of R&D tax incentives, the amount of additional investment induced by each dollar of tax revenue forgone remains contested. It is notoriously difficult to identify the impact of R&D tax incentives because all firms are potentially eligible and because benefit and investment are jointly determined. Using comprehensive, firm-level data, we apply difference-in-difference analysis

This paper investigates the relationship between university alliances and firm exploratory innovation in the context of therapeutic product development. We build on organizational learning theory to elucidate that the use of university alliances is more positively associated with firm exploratory rather than exploitative innovation output. Moreover, we argue that the breadth of a firm's technological

While university-industry collaboration has received widespread attention in academic literature and policy making, there is still limited knowledge on how low-capacity SMEs engage in open innovation activities. Building on a survey conducted among Estonian SMEs with limited innovation capacity, our research focuses specifically on aspects that help low-capacity SMEs and academic researchers to collaborate

This study examines the relationships between aspects of firm-level innovation performance from the perspective of under-researched process industries in an emerging economy. We consider primary evidence from 63 firms in five Brazilian process industries over a 10-year period to examine firm-level innovation input and output performance. Our results reveal the following: (1) Regarding innovation input

Although research has shown that business model innovation (BMI) can create a firm's competitive advantage and enhance its performance, many small and medium-sized enterprises (SMEs) fail to obtain the expected outcomes when innovating their business model. Business Model Innovation (BMI) leads to irreversible fundamental changes in key components of a company's business model, which means it carries

This paper seeks to explain the variable outcomes from university entrepreneurial ecosystems by observing their structural and spatial configurations in relation to spinoff company development. Four UK university entrepreneurial ecosystems are examined with data collected through interviews with the core actors of university entrepreneurial ecosystems: technology transfer officers, academic founders

The study of technical innovation in Professional Services has attracted growing interest among scholars, who have sought to analyze the process of organizational change and service transformation. However, very little attention has been devoted to understanding the process of adoption and diffusion of technical innovation in professional sectors. In this paper, we suggest that the relevance and peculiarity

Recent developments indicate a fast-growing relevance of the agile project methodology in innovation. Besides the benefits, agile projects also pose several challenges. Organizations need to come up with an answer to cope with the inherent risks of agile projects. The adaption of management control mechanisms is key to foster the benefits of agile. However, the ongoing debate on the benefits of control

The International Journal of Technological Innovation, Entrepreneurship and Technology Management (Technovation) is a flagship journal in the fields of management and technological innovation. This renowned position is largely a result of academic interest, as demonstrated by the large number of citations received from other prestigious journals, as well as downloads from across the globe. This study

According to the resource-based view, for start-ups to gain a sustainable competitive advantage their resources should be valuable, rare, inimitable, and non-substitutable (VRIN). However, early-stage entrepreneurs often do not have the capability to properly value resources. Incubators are popular tools for supporting early-stage entrepreneurs. Many entrepreneurs initially prefer that incubators provide

This research considers an increasingly critical strategy in business success – new product development (NPD) speed. While the determinants of NPD speed have received prior attention in the context of developed countries, we consider the important role of institutional factors that are unique to an emerging economy. Based on the strategy tripod perspective, we develop a conceptual model that examines

European manufacturing companies face increasing pressure to adopt digitalization technologies discussed in the emerging paradigm of Industry 4.0. On the other hand, innovation capabilities both in terms of introducing new products and new services are of outmost importance to gain competitive advantage. Technology adoption and firm innovativeness are often interrelated, but this relation is not well

This paper investigates how the capabilities that are related to the circular economy (CE) affect the development of products and processes that are compatible with CE business models. From the dynamic capabilities perspective, we assume that the development of CE in the firm implies the use of firm capabilities and the alignment of these in the development of a dynamic process of innovation towards

Using survey data from 208 Chinese manufacturing firms, this paper empirically explores whether servitization facilitates or hinders radical product innovation performance. On the basis of organizational knowledge creation theory, we argue that servitization enables manufacturers to identify latent customer needs that are valuable in searching for radical product innovation opportunities. However,

The successes of open-source software raise the question of whether technological hardware that has been developed based on an open and collaborative mode of innovation can achieve similar levels of diffusion. While some expect such open-source hardware (OSH) to lead to transformational changes in the ways technologies are produced, the available empirical evidence suggests that, to date, the diffusion

A pressing management issue exists to understand how firms can develop dynamic capabilities (DC) through processes such as open innovation (OI). Our study aims to expand knowledge in this area by explicating the underlying mechanisms of OI that contribute to a firm's DC. Adopting a microfoundations perspective, we examined three separate new product development projects in a UK manufacturer over a

Global warming is no longer a trend, but reality, which calls for the development of new technologies. In this paper, we thus identify antecedents of enabling technologies and study the patterns of emergence of new fields of eco-innovation. For this, we suggest a conceptual framework focusing on environmental technologies, specifically on their emergence as enabling technologies in innovation ecosystems

This study focuses on the potential of expired patents, that is, patents freely available in the public domain, to become new technology opportunities. These technologies can create a new value, if they are well utilized and combined with other technologies, or go through further commercialization processes. Furthermore, such value can be obtained effectively, given their initial usability, proven

Research on incubation models indicates that incubators and accelerators are crucial catalysts for the development of start-ups. To facilitate start-ups in financial markets, several regulatory authorities have adopted a new incubation model called a ‘regulatory sandbox’. Regulatory sandboxes enable eligible applicants to test their technology-enabled financial solutions for a certain period of time

This study aims to deepen our knowledge of the SME ‘human’ role within open innovation adoption. To achieve this, we explore how the SME leader, namely the founder/CEO managerial characteristics influence the SMEs open innovation adoption dynamics (i.e. mechanisms, partners, motives and sequence of adoption). The empirical analysis is based on seven Irish medical device SME case studies achieving high

In this study, we investigated ambidextrous governance in alliances—the alliance partners’ efforts to simultaneously pursue alliance efficiency and flexibility through the use of formal and relational governance. Grounded on the ambidextrous organization and alliance governance literature, we argued that ambidextrous governance can enhance the performance of technology alliances, and technological

Although there has already been some debate over the role of sustainable product innovation in creating a more sustainable society, it is important to further investigate management methods and factors that influence sustainable innovation capacity. Drawing on the concept of complementarity/the complementary effects perspective, this study aims to analyze the influence of management methods (project

Given the managerial/financial commitments needed for supplier development programs, buying firms need to be selective of the suppliers they engage for development. This paper examines the moderating role of five supply-side factors (i.e. supplier size, supply share, product complexity, buyer-supplier integration, and the supplier's management systems) in the relationship between supplier development

Though technological diversification has been regarded as an important strategy in managing the productivity of firms’ R&D, there have been few studies that empirically examined the relationship between technological diversification and R&D productivity. This study aims to fill this lacuna in the existing literature by empirically investigating the relationship between technological diversification

The aim of this study is to explore the practical application of Lean with Six Sigma and Agile to create a powerful, synergetic and novel process improvement (PI) method. Going beyond the traditional definitions of Lean, we establish a Factory Physics view of PI which doesn't technically discriminate Lean from non-Lean. We apply a design science approach to help a global bank deploy a continuous process

Digitalization and industry 4.0 technologies promise to provide many novel opportunities and benefits to industrial firms, such as increased product quality, process reliability, and improved flexibility and productivity. Although digitalization shows great potential from a technological perspective, many process industry firms still face challenges in utilizing it for process innovations. Hence, this

A question of particular importance in environmental policy is how to deliver eco-innovations with both private and social benefits. The question is even more important in emerging economies where pollution-intensive industries prevail and policies often favour growth over ecological concerns. This paper explores how four public incentives (regulation, taxes, subsidies and procurement of eco-innovations)

The effects of searching for external knowledge on firm innovation vary, as demonstrated by evidence reporting positive linear, negative linear, or curvilinear relationships. We use ambidexterity theory to explain how the exploratory and exploitative aspects of knowledge search and strategic intent can complement each other. Specifically, we theorize that a firm’s dominant logic creates an overall

The paper focuses on a key uniqueness of the simultaneous generation of social and business value - across science, technology and society - involving academics, businesses, policy makers, innovation intermediaries, NGOs and citizens that share and integrate assets in developing solutions to address economic and societal challenges. By contrasting with a broad literature using the term ‘co-creation’

In today's competitive world, globalization touches all industries. The open innovation (OI) paradigm has garnered increasing importance in academic research and industrial applications. Considering this interest, this paper aims to synthetize up-to-date findings, outline the intellectual structure of OI within the manufacturing research domain, and suggest a future research agenda. Building upon the

People have the power to make an innovation a success or a failure. Corporate decision makers act as both facilitators and barriers to the introduction of technologies into their organisations. Psychological factors clearly have an impact on their decisions and acceptance behaviours, but these have not been fully explored. Consequently, an understanding of these factors is essential for organisations

There is a general consensus among scholars that knowledge is probably the most important source of competitive advantage. The influential, novel knowledge incorporated in patented inventions can be considered as a valuable resource for firms. The research questions that are at the heart of this work are how long the effect of influential knowledge on financial performance can last and how this effect

Open innovation (OI) is an important phenomenon in a global marketplace where knowledge is distributed and individual firms no longer have a monopoly on the best talent. As firms increasingly search for innovative external ideas and solutions, an obvious problem is how to source high-quality contributions externally. A more specific problem is how firms motivate in-bound, non-pecuniary contributions

Recent research suggests that by reviewing previously rejected projects in NPD portfolios, it is possible to identify lessons learnt and better manage and handle new projects. Therefore, we argue that there might be hidden treasures in previously rejected new product projects due to recent technology developments or changes in customer preferences. However, after a systematic literature review and

Manufacturers that develop product-service innovation (PSI) attend increasingly to two criteria: choosing the right set of technologies to achieve PSI, and choosing how to manage the technologies—that is, whether to manage them internally or through collaboration with knowledge-intensive business service (KIBS) firms. This study argues that manufacturing outcomes for financial and organizational performance

The current literature has investigated the direct link between a firm's external search strategy and performance. However there are limited studies about the role of industry context, innovation type and knowledge sources on this link. Our research aims to examine the mediating role of product and process innovation in the external search strategy-financial performance link of firms within process

Evaluation of climate-induced crop damages is imperative to formulate innovative technologies and management strategies to reduce the vulnerability of farms and agriculture. Based on a survey of 1232 wheat growers from Pakistan, conducted in April and May of 2019, the study estimates the production risk of wheat farms to weather shocks and the effectiveness of physical, non-physical, and innovative

Digitalization offers new opportunities for equipment suppliers to support the competitiveness of process industry firms through participating in digitally enabled process-innovation initiatives. However, doing so is not without challenges as it requires equipment suppliers to align with multiple actors within an extended ecosystem to deliver complex product-service software systems as embodied sources

This study investigates how the social and technical subsystems of a platform ecosystem change and interact in the advanced services context. An integrated research approach results in the development of an analytical framework accounting for the four perspectives of - technical core, key actors, structural boundaries and tasks of a servitization-based platform ecosystem. This study draws from collective

The resource-based view (RBV) of the firm has been used to examine the role of resources and capabilities in product innovation and how product innovation is related to overall firm performance. Moreover, the natural RBV (NRBV) has addressed how resources affect the natural environment, whereas the relational RBV has highlighted the importance of relational resources, that is, resources shared with

IoT as a disruptive technology is contributing toward ground-breaking experiences in contemporary enterprises and in our daily life. Rapidly changing business environment and phenomenally evolving technology enhancement necessitate a robust understanding of IoT implications from business and management perspective. The current study benefits from an explanatory sequential mixed-method approach to represent

In recent years, developing low-carbon technology has been a critical strategy for enterprises to respond to global warming challenges. Although consumer perception is influential in determining technology adoption, there is a lack of studies looking into the impact of consumer perceptions on enterprises' low-carbon technology adoption behaviors. This paper thus aims to investigate enterprises' decisions

The present study examines whether a balancing strategy for ambidextrous learning (BSAL) can influence business model design (BMD) via dynamic capabilities. Furthermore, this study investigates whether environmental dynamism, in an opposite manner, moderates the relationships between dynamic capabilities and novelty-centered and efficiency-centered BMD. It draws on a cross-industrial sample of 493

Digitization is receiving a lot of interest in recent servitization research, but the use of platform-based Industry 4.0 technologies to boost product-service innovation (PSI) is less covered. This study aims to explore how companies successfully leverage platforms for servitization in an Industry 4.0 context. Building on theories of PSI, platform leverage and business model adaptation (BMA), we use

Industrial manufacturers increasingly develop digital platforms in the business-to-business (B2B) context. This emergent form of digital platforms requires a profound yet little understood holistic perspective that encompasses the co-evolution of platform architecture, platform services, and platform governance. To address this research gap, our study examines multiple platform sponsors from an industrial

Scholars, managers, and policy makers are increasingly interested in the potential of servitization to enhance the innovation capabilities for manufacturing companies, among others. Collaboration within the supply chain appears to play a relevant role in the transition to service provision because of its relational character. Combining these elements in the same model, this study sheds light on the

When companies in process industries take radical leaps in product innovation, these new products often fall outside the “process window” of existing production processes and hence require extensive production line modifications and radical process change. Consequently, firms need to deal with high degrees of uncertainty, complexity, equivocality and ambiguity in the front-end. These four knowledge

Digital Transformation (DT) has become an imperative for most organizations in our world of emergent and continuous changes. The term DT has been so broadly used (and misused) that it becomes very confusing. Consequently, the need to provide some conceptual rigor to DT is urgently needed. The purpose of this article is to develop a unified definition of “digital transformation” based on a vastly rigorous/scientific

The digital wave of change had an unprecedented effect on the competitiveness of the global value chain, whereby the process industries are not an exception. Although they are often regarded as laggards in the general progress towards adopting digital technologies, the pressure to cut costs and to review existing business models have prompted the industry forerunners within the process industries to

Innovation is one of the main determinants of economic development in modern societies. The extant evidence points to increasing territorial disparities in Europe concerning innovation. Relying on production theory, we examine the nature of these disparities. In particular, we are interested in finding out whether catching up processes are stronger than the shifts of the technology frontier, which

Network platforms are increasingly important in current economic ecosystems. With industries, platforms and organizations integrating in many directions, the difficulties of defining the boundaries of organizational populations increase. Although population ecologists have frequently applied legitimation and competition mechanisms to analyze inside the organizational population, there is little understanding

A major goal of government and non-profit scientific funding agencies is to support research and development (R&D) that has broad impacts. This study proposes a new framework, called the Inclusion-Immediacy Criterion (IIC), to determine whether research benefits marginalized communities, reduces inequality, and encourages inclusive innovation. To test the framework, the study analyzes NSF sponsored

Drawing from the dynamic learning perspective of entrepreneurship, this paper investigates how entrepreneurs' learning activities and new venture performance (early sales and employee growth) are impacted by reliance on different network tie partners (strong and weak ties) for learning. Utilizing a sample of early-stage high technology ventures in incubators, we find weak ties help improve performance