Opening Up the Innovation Process in Construction Firms: External Knowledge Sources and Dual Innovation

2021 ◽  
Vol 147 (8) ◽  
pp. 04021086
Author(s):  
Bismark Duodu ◽  
Steve Rowlinson
Keyword(s):  
Innovation Process ◽  
Knowledge Sources ◽  
Construction Firms ◽  
External Knowledge ◽  
Opening Up

scholarly journals Prediction Markets for Crowdsourcing

2018 ◽  
Author(s):  
Christian Horn ◽  
Marcel Bogers ◽  
Alexander Brem*
Keyword(s):  
Stock Market ◽  
Open Innovation ◽  
Innovation Process ◽  
Business Practice ◽  
Prediction Markets ◽  
Knowledge Sources ◽  
Prediction Market ◽  
Online Platform ◽  
External Knowledge ◽  
Opening Up

Crowdsourcing is an increasingly important phenomenon that is fundamentally changing how companies create and capture value. There are still important questions with respect to how crowdsourcing works and can be applied in practice, especially in business practice. In this chapter, we focus on prediction markets as a mechanism and tool to tap into a crowd in the early stages of an innovation process. The act of opening up to external knowledge sources is also in line with the growing interest in open innovation. One example of a prediction market, a virtual stock market, is applied to open innovation through an online platform. We show that use of mechanisms of internal crowdsourcing with prediction markets can outperform use of external crowds.

Knowledge creation in small building and construction firms

2013 ◽  
Vol 1 (1) ◽  
pp. 125-142 ◽  
Author(s):  
Susanne Durst ◽  
Ingi Runar Edvardsson ◽  
Guido Bruns
Keyword(s):  
Construction Industry ◽  
Knowledge Creation ◽  
Vital Role ◽  
Knowledge Sources ◽  
Structured Interviews ◽  
Construction Firms ◽  
External Knowledge ◽  
Body Of Knowledge ◽  
Small Building

Studies on knowledge creation are limited in general, and there is a particular shortage of research on the topic in small and medium-sized enterprises (SMEs). Given the importance of SMEs for the economy and the vital role of knowledge creation in innovation, this situation is unsatisfactory. Accordingly, the purpose of our study is to increase our understanding of how SMEs create new knowledge. Data are obtained through semi-structured interviews with ten managing directors of German SMEs operating in the building and construction industry. The findings demonstrate the influence of external knowledge sources on knowledge creation activities. Even though the managing directors take advantage of different external knowledge sources, they seem to put an emphasis on informed knowledge sources. The study´s findings advance the limited body of knowledge regarding knowledge creation in SMEs.

scholarly journals The Role of Universities on the Innovation Process of Industry as a Knowledge Source

2010 ◽  
Vol 1 (2) ◽  
Author(s):  
I. Figen Gulenc ◽  
Ozilem Araci
Keyword(s):  
Innovation Process ◽  
Knowledge Sources ◽  
Knowledge Source ◽  
Community Innovation Survey ◽  
Low Level ◽  
External Knowledge ◽  
Innovative Firms ◽  
High Level ◽  
New Instruments

Increasing possibility of innovation success depends on reducing risk and environmental uncertainties. Firms are forced by competition to benefit from not only internal knowledge sources but also external knowledge sources through the innovation process. This paper examines universities as an external knowledge source. Our aim is to reveal importance level of universities according to innovative and non-innovative firms. The data is gained from Community Innovation Survey (CIS-4), which was based on OECD’s Oslo manual. Firstly innovativeness of firms is inquired. Our sample includes both innovative and non-innovative firms. Then firms are asked to indicate importance level of universities for the innovation process. Importance level is scaled as “not used”, “low”, “medium” and “high”. After analysis, this paper draws a conclusion that innovative and non-innovative firms are different based on the importance level of universities as a knowledge source. 73,9% of the non-innovative firms assessed universities in “not used” level. Only 10,3% of innovative firms find universities in the “high” level important category as a knowledge source. Most of the firms evaluate importance level of universities in “low” level category. Firms should evaluate the idea of cooperate with universities. Universities have potential to increase innovative success of firms by providing new instruments, techniques and methods.

scholarly journals Operating Successfully on a New Technological Path: The Effect of External Search

2022 ◽  
Vol 14 (2) ◽  
pp. 957
Author(s):  
Tobias Stucki ◽  
Martin Woerter
Keyword(s):  
Direct Effect ◽  
Path Dependence ◽  
New Technologies ◽  
Innovation Process ◽  
Theoretical Concept ◽  
Direct Effects ◽  
Green Innovation ◽  
Green Technologies ◽  
External Knowledge ◽  
Opening Up

Switching to a new technological path is often a serious economic challenge for companies. Incumbents, in particular, are often led by their organizational routines, traditional technological orientation, and experience, and run the risk of losing contact with new technologies, which can decrease their competitiveness. We analyze whether opening up the innovation process to external knowledge partners can help to overcome such path dependence and enable firms to operate successfully on a new technological path. We develop a theoretical concept that shows the potential of external knowledge sources for operating successfully on a new technological path and test it empirically using the example of green technologies. Green technologies are not only relevant for addressing the current environmental problems, but they are also an example of a new technological path that is proving difficult for companies to switch to. Overall, we find strong direct effects of external (green) knowledge on green innovation success. The results even indicate that the direct effect of external knowledge tends to be larger for green than for non-green innovation.

Are winemaker consultants just another source of knowledge for innovation?

2017 ◽  
Vol 21 (6) ◽  
pp. 1523-1539 ◽  
Author(s):  
David Doloreux ◽  
Ekaterina Turkina
Keyword(s):  
Positive Influence ◽  
Wine Industry ◽  
Computer Assisted ◽  
Knowledge Sources ◽  
Content Type ◽  
External Knowledge ◽  
Telephone Interviews ◽  
External Sources ◽  
Original Survey ◽  
External Sources Of Knowledge

Purpose This paper aims to explore the effects of multiple external sources of knowledge and of the use of winemaker consultants on innovation in the Canadian wine industry. Design/methodology/approach The data for the study are taken from an original survey of wine firms in Canada covering the 2007-2009 period. The survey was carried out by computer-assisted telephone interviews, and it was addressed to winery firms that are engaged in growing grapes and producing wine. Findings The results show that the use of winemaker consultants positively affects all forms of innovation. At the same, as far as external knowledge sources are concerned, marketing sources positively affect all types of innovation, while research sources and general sources have a positive influence on particular forms of innovation. The results also show that winemaker consultants interact with other knowledge sources. Nevertheless, there are important nuances with regard to which type of knowledge sources is more compatible with the use of winemaker consultants for which type of innovation. Originality/value To date, there is no empirical evidence of the extent to which the use of external winemaker consultants and external knowledge sources interact together and what are their impacts on the introduction of different forms of innovation.

scholarly journals Responsible innovation among academic spin-offs: how responsible practices help developing absorptive capacity

2015 ◽  
Vol 15 (2) ◽  
pp. 165-179 ◽  
Author(s):  
V.E. Scholten ◽  
P.A. van der Duin
Keyword(s):  
Conceptual Model ◽  
Absorptive Capacity ◽  
Stakeholder Engagement ◽  
Innovation Process ◽  
Responsible Innovation ◽  
Social Responsiveness ◽  
External Knowledge ◽  
Negative Effect ◽  
Sustainability Practices ◽  
Start Ups

Responsible innovation (RI) among technology-based start-ups has received little attention, while these firms are known to operate on the edges of what is socially desirable or ethically acceptable. In this paper we develop a conceptual model that captures the RI practices among 61 academic spin-offs and investigate how it affects the capacity of the firm to absorb external knowledge to better the exploitation of the innovation. The findings indicate that potential absorptive capacity is increased by both stakeholder engagement and social responsiveness, while realized absorptive capacity is moderately increased through social responsiveness. Remarkable is the finding that the extent that sustainability practices resonate in the start-ups operations does have a negative effect on the potential absorptive capacity. These results provide insight in the way in which start-ups adopt a RI philosophy to their innovation process and help to better understand how they learn and acquire external knowledge to increase the acceptance of their innovations. The findings provide clear recommendations for entrepreneurs and policymakers in the field of entrepreneurship and innovation.

Knowledge sources and innovation in the hotel industry

2018 ◽  
Vol 30 (6) ◽  
pp. 2537-2561 ◽  
Author(s):  
Julia Nieves ◽  
Gonzalo Diaz-Meneses
Keyword(s):  
Local Knowledge ◽  
Principal Component ◽  
Knowledge Sources ◽  
Specific Knowledge ◽  
Content Type ◽  
External Knowledge ◽  
Radical Innovations ◽  
External Agents ◽  
Non Local ◽  
Organizational Collaboration

PurposeThe purpose of this study is to identify the role played by external knowledge sources and intra-organizational collaboration as determinants of innovation in hotel firms. It proposes that local knowledge sources and intra-organizational collaboration determine the probability of producing incremental innovations, and that non-local knowledge sources determine the introduction of radical innovations.Design/methodology/approachDescriptive statistics made it possible to evaluate the importance of each of the external sources as the origin of ideas for innovation. Principal component analysis was used to find homogeneous groups based on the different knowledge sources contemplated. Multiple regression analysis was used to determine which variables predict a hotel’s capacity to introduce innovations.FindingsThe findings suggest a dissociation between innovations adopted by directly incorporating the specific knowledge provided by external agents and innovations that require the mediation of intra-organizational collaboration for their development.Research limitations/implicationsFuture qualitative studies can provide data that would considerably improve the understanding of how innovation processes are produced in hotel companies based on the use of external knowledge and how hotel firms develop spaces to exchange and combine internal knowledge.Practical implicationsHotel firms can adopt innovations by incorporating specific knowledge from external companies or by developing their own innovations based on information gathered from external agents or events (e.g. customers, attending trade fairs and professional conferences). The transformation of this information into innovations requires the establishment of internal communication channels that foment employees’ collaboration and exchange of information.Originality/valueThe study provides empirical evidence for the relevant role played by both external agents and intra-organizational relationships as sources of knowledge to foster innovation in hotel firms. External agents are classified as local and non-local sources, and their effect on innovation is analyzed, distinguishing between incremental and radical innovations.

Determinants of the Use of Knowledge Sources in the Adoption of Open Source Server Software

2012 ◽  
pp. 287-304
Author(s):  
Kris Ven ◽  
Jan Verelst
Keyword(s):  
Open Source ◽  
Absorptive Capacity ◽  
Exploratory Study ◽  
Knowledge Sources ◽  
External Knowledge ◽  
Capacity Theory ◽  
Knowledge Barriers ◽  
Server Software ◽  
Use Of Knowledge ◽  
Insight Into

Previous research suggests that the adoption of open source server software (OSSS) may be subject to knowledge barriers. In order to overcome these barriers, organizations should engage in a process of organizational learning. This learning process is facilitated by exposure to external knowledge sources. Unfortunately, this leaves open the question of which factors determine which knowledge sources are used by organizations. In this study, the authors have performed an exploratory study on the determinants of the use of knowledge sources in the adoption of OSSS. The conceptual model developed in this study was based on the absorptive capacity theory. Data was gathered from 95 organizations to empirically investigate this model. Results provide a quite consistent view on how external knowledge sources are used by organizations in the adoption of OSSS. Moreover, results provide more insight into the context in which the adoption of OSSS takes place.

Developing process and product innovation through internal and external knowledge sources in manufacturing Malaysian firms: the role of absorptive capacity

2020 ◽  
Vol 26 (5) ◽  
pp. 1021-1039 ◽  
Author(s):  
T. Ramayah ◽  
Pedro Soto-Acosta ◽  
Khoo Kah Kheng ◽  
Imran Mahmud
Keyword(s):  
Absorptive Capacity ◽  
Product Innovation ◽  
Manufacturing Firms ◽  
Innovation Performance ◽  
Knowledge Sources ◽  
Manufacturing Companies ◽  
Organizational Capability ◽  
Data Set ◽  
Content Type ◽  
External Knowledge

PurposeFirms' knowledge-processing capabilities have a central role in achieving innovation performance and competitive advantage. Absorptive capacity capabilities and innovation are viewed as essential for enterprise success. Absorptive capacity is deemed as a highly important organizational capability to recognize value and assimilate both external and internal knowledge in order to enhance firm innovation. The aim of this study is to determine if innovation performance can be improved through absorptive capacity (knowledge acquisition, dissemination and utilization), when it is supported by internal (firm experience) and external knowledge sources (R&D cooperation and contracted R&D).Design/methodology/approachA quantitative methodology based on employing a structured questionnaire was used for data collection. The proposed research model and its associated hypotheses are tested by using Partial Least Squares (PLS) structural equation modelling (SEM) on a data set of 248 manufacturing companies located in the Northern Region of Malaysia.FindingsResults showed that firms' experience is significantly related to absorptive capacity, while for R&D cooperation and contracted R&D findings were mixed. In addition, absorptive capacity was found as a strong predictor of innovation performance.Originality/valueOne of the defining features of competition in many industries has been the extremely rapid pace of technological change, marked by a continuous stream of innovations. Manufacturing firms, therefore, face the challenge of nurturing existing knowledge and developing novel knowledge in order to create new business opportunities. This study makes valuable contributions with regard to understanding the behavioural of manufacturing firms towards process and product innovation.

Enhancing image retrieval for complex queries using external knowledge sources

2020 ◽  
Vol 79 (37-38) ◽  
pp. 27633-27657
Author(s):  
Haitham Samih ◽  
Sherine Rady ◽  
Tarek F. Gharib
Keyword(s):  
Image Retrieval ◽  
Knowledge Sources ◽  
External Knowledge ◽  
Complex Queries
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