The relationship between open innovation, entrepreneurship, and introduction of new business models in Korean and Indonesian information technology enterprises

2013 ◽  
Vol 40 (2) ◽  
pp. 81-99 ◽  
Author(s):  
JinHyo Joseph Yun ◽  
Irene Muflikh Nadhiroh ◽  
Woo Young Jung
Author(s):  
Luis Felipe Luna-Reyes

Contemporary organizations face the challenge of growing and advancing in a complex and changing environment (Johannessen, Olaisen, & Olsen, 2001; Malhotra, 2000). In order to accomplish this objective, private organizations continuously innovate to attract customers (Johannessen et al.). Competition has been accelerated by information technology, which allows the appearance of new business models, introducing new competitors in the business arena (Rayport, 2001). Under these circumstances, it appears that innovation is one of the most valuable activities for any organization (Nonaka, 1996). Furthermore, the management of intangible assets such as knowledge is one of the critical factors to promote innovation and sustainable competitive advantage (Davenport, 2001; De Long & Fahey, 2000; Malhotra; Nonaka).


2018 ◽  
pp. 179-209 ◽  
Author(s):  
Robert William Anderson ◽  
Nuran Acur ◽  
Jonathan Corney

Author(s):  
Kisoon Shin ◽  
Daeho Lee ◽  
Kwangsoo Shin ◽  
Eungdo Kim

The pharmaceutical industry, where research and development (R&D) efficiency is central to company survival, has recently faced significant challenges. To increase efficiency, companies must implement strategies such as open innovation (OI), wherein they sell their intellectual property, maximize their use of external resources, adjust their structures, and implement new business models. In this study, we divided 701 U.S. pharmaceutical companies according to their OI strategies to measure and compare their R&D efficiencies between 2001 and 2016. We analyzed the deal data of companies by first dividing them into four groups (inside-out, outside-in, coupled, and closed) to calculate R&D efficiency using stochastic and meta-frontier analyses. In the first group analysis, the coupled group shows high technical efficiency, but in an overall comparison, the inside-out group achieves the highest efficiency values. These values increased between 2005 and 2010, when the R&D crisis in the industry was great at its highest. We thus identified the characteristics of each group based on our results, and presented extensive analyses using a time-series comparison and enterprise-level analysis. We claim that pharmaceutical companies can still cope with the current R&D crisis by implementing different OI strategies.


2019 ◽  
Vol 44 (3) ◽  
pp. 119-127 ◽  
Author(s):  
Rob Harris

This article describes the relationship between economic and technological change and the design and management of contemporary workplaces. The article describes the changing nature of workstyles resulting from economic and technological change which are driving new business models. General management is increasingly having to address the nature of the workplace in order to attract and retain skilled and expensive workers.


Author(s):  
Thiago Bertolini dos Santos ◽  
Luiza de Castro Olivan ◽  
Luísa Cagica Carvalho ◽  
Lílian Neto Aguiar Ricz ◽  
Janaina Mascarenhas Hornos da Costa

Innovation has been increasingly becoming a major competitive differential for companies. However, innovation alone is not enough. Innovations encompass new products to new business models, but they need well-defined strategies to deliver value according to the market needs and to be well accepted. Innovations looking at differentials for the users should consider their problems, including products and services, so that they can promote solutions to meet the users' expectations. Therefore, the involvement of stakeholders in the innovation process who are beyond the organisation's frontiers, such as users, is important as it allows the inclusion of new abilities, resources, and knowledge in the process of development.


This chapter examines the current evolving publishing framework in Australia and the relationship between authors and their publishers, noting the competing interests of the various subaltern spheres (such as the “author sphere” and “publisher sphere”) within the greater public sphere. A comparison between a standard publisher’s contract and the model contract recommended by the Australian Society of Authors (ASA) provides a source for analysis and discussion, which relevantly reflects the nature of the relationship between author and publisher. The issue of digital publishing is investigated to ascertain what constitutes an equitable arrangement for authors. Finally, new business models in publishing are considered and observations are made on copyright protection measures on the Internet, alternative licensing models such as the Creative Commons and the “honesty box” model used by some authors. A brief discussion of the anti-copyright actions of Google is also included, and in conclusion, the author-publisher power balance is addressed, taking into account the different characteristics of print books and ebooks.


2020 ◽  
Vol 8 (09) ◽  
pp. 1948-1955
Author(s):  
Lam Nguyen ◽  
Thi Hong Lam Nguyen

At present, the nation start-up is considered as a national policy to innovate, exploit the intellectual, technological and new business models ... thereby creating more enterprise efficiency in many key industries, promoting the overall development of the economy. To become an entrepreneur, need to understand the start-up, the start-up process and most importantly, the skills you need to get started. Therefore, this article aims are to provide an overview of the start-up process and the relationship between different business skills, as well as how they relate to the students’ intentions. A questionnaire survey was conducted among 92 students who had to study/graduated in Business Administration. The survey asked participants to rate themselves based on their creativity, ambiguity, marshaling, finance and self-efficacy skills. The results can help universities develop curricula that combine teaching skills to equip both the knowledge and skills needed for students or those who want to be successfully entrepreneurs.


Author(s):  
Valentina Ndou ◽  
Pasquale Del Vecchio ◽  
Giuseppina Passiante ◽  
Laura Schina

A paradigm shift is taking place today that provides a compelling value proposition for organizations and requires the adoption of new business models for the management of their core activities in a competitive way. The new emerging business models are related with open innovation, cloud computing approach, as well as social networking, which creates opportunities for firms to harvest the resources and knowledge that could be found outside the firm’s boundaries. However, in order for firms to grasp most of the emerging technologies, they should reconfigure their activities to tackle the challenge and opportunity presented by new innovations and technology trends. In this chapter, the authors demonstrate the changes that these new trends are witnessing for the business models of firms from a provider and user perspective.


2018 ◽  
Vol 24 (1) ◽  
pp. 122-143 ◽  
Author(s):  
Jinhyo Joseph Yun ◽  
Abiodun A. Egbetoku ◽  
Xiaofei Zhao

As people pay attentions to social innovation as the source of innovative ideas and the repository of new business models, this study poses the following research questions: How does a social open innovation succeed? What is the success factor of social open innovation? What are the successful dynamics of social open innovation? This article selected two case studies: one is the Burro Battery Company in Ghana and the other is grassroots innovation enterprise of India known as the Honey Bee Network and its collaborator, National Innovation Foundation (NIF), Ahmedabad. The first case is a social open innovation firm case while the second case is a social open innovation policy case. Through deep case study, we found out the ways of success of social open innovation strategy and social open innovation policy.


2021 ◽  
Vol 10 (7) ◽  
pp. 258
Author(s):  
Beata Ślusarczyk ◽  
Robert Jeyakumar Nathan ◽  
Paula Pypłacz

Today we are witnessing a paradigm shift when it comes to the industry. There are chances that Industry 4.0 does not only involve major changes in production and business solutions, but also the ability of many enterprises (mainly production companies) to come closer to developed economies. This article highlights the aspect of creating new business models that integrate organizations around Industry 4.0 solutions and create new value for the client and internal client. The objective of this study was to demonstrate the relationship between the implementation of selected Industry 4.0 technologies as well as the knowledge and preparation of employees for changes caused by new solutions, e.g., in the area of the automation and robotization of industry or data and information management. The questionnaire research was conducted among 80 logistics companies in Poland and 80 in Malaysia. Based on the obtained data, a statistical analysis was conducted of the relationships between the above-mentioned variables. The analysis concerned: the employees’ knowledge of the Industry 4.0 paradigm, preparing employees for challenges and the implementation of Industry 4.0 technology. The correlation analysis showed the existence of a statistical relationship between the analysed variables. The analysis of quantitative data showed differences between Poland and Malaysia in terms of employee preparation, their knowledge of Industry 4.0 and activities related to the implementation of specific IR4.0 technologies. The presented analysis relates to one of the analysed areas, therefore it is a contribution to further considerations and comparisons.


Sign in / Sign up

Export Citation Format

Share Document