Additive manufacturing based innovation, small firms, customer involvement and crowd-funding: from co-creation to co-financing

2018 ◽  
Vol 5 (2) ◽  
pp. 026001
Author(s):  
Saurabh Ahluwalia ◽  
Raj V Mahto
2017 ◽  
Vol 19 (3) ◽  
pp. 482-509 ◽  
Author(s):  
Steven Samford ◽  
Peter Warrian ◽  
Elena Goracinova

AbstractThe promotion of additive manufacturing (AM) as a set of enabling technologies has been a prominent feature of new policies seeking to revitalize manufacturing in developed economies. Because of its differences from traditional manufacturing technologies, small businesses, in particular, face high costs in adopting AM methods. How can governments assist small firms and their innovation ecosystems to make significant leaps in enabling technologies? This paper conceptualizes the challenges faced by groups of small enterprises adopting new technologies and a decentralized policy effort to systematically increase the use of advanced manufacturing technologies. In Canada, funding used by community colleges to create applied research centers has been intended to establish anchors for local “industrial commons” around advanced manufacturing methods. By providing both information and working capital to private sector partners, these community college programs should ideally mitigate challenges to the adoption of AM technologies—the so-called “valley of death”—in local ecosystems. There are many successful individual cases of partnership (i.e., private goods); however, this bottom-up approach seems to fail both as a means of promoting vibrant industrial commons (i.e., public goods) and as a coherent national strategy. We trace the challenges of this approach to principal-agent problems associated with layering new programs upon existing organizations, the density of program participants, and the presence of appropriate technologies.


2013 ◽  
Vol 22 (03) ◽  
pp. 180-187 ◽  
Author(s):  
J. Henke ◽  
J. T. Schantz ◽  
D. W. Hutmacher

ZusammenfassungDie Behandlung ausgedehnter Knochen-defekte nach Traumata oder durch Tumoren stellt nach wie vor eine signifikante Heraus-forderung im klinischen Alltag dar. Aufgrund der bestehenden Limitationen aktueller Therapiestandards haben Knochen-Tissue-Engineering (TE)-Verfahren zunehmend an Bedeutung gewonnen. Die Entwicklung von Additive-Manufacturing (AM)-Verfahren hat dabei eine grundlegende Innovation ausgelöst: Durch AM lassen sich dreidimensionale Gerüstträger in einem computergestützten Schichtfür-Schicht-Verfahren aus digitalen 3D-Vorlagen erstellen. Wurden mittels AM zunächst nur Modelle zur haptischen Darstellung knöcherner Pathologika und zur Planung von Operationen hergestellt, so ist es mit der Entwicklung nun möglich, detaillierte Scaffoldstrukturen zur Tissue-Engineering-Anwendung im Knochen zu fabrizieren. Die umfassende Kontrolle der internen Scaffoldstruktur und der äußeren Scaffoldmaße erlaubt eine Custom-made-Anwendung mit auf den individuellen Knochendefekt und die entsprechenden (mechanischen etc.) Anforderungen abgestimmten Konstrukten. Ein zukünftiges Feld ist das automatisierte ultrastrukturelle Design von TE-Konstrukten aus Scaffold-Biomaterialien in Kombination mit lebenden Zellen und biologisch aktiven Wachstumsfaktoren zur Nachbildung natürlicher (knöcherner) Organstrukturen.


2018 ◽  
Vol 1 (1) ◽  
pp. 1 ◽  
Author(s):  
Tze San Ong ◽  
Pei San Ng

This paper examines the market response surrounding the share repurchase announcements of Malaysia Listed Companies from years 2012 to 2016. One sample T-test was carried out to identify the abnormal return in the range before and after 20 days from share repurchase announcements. The result shows a significant positive abnormal return in the day of repurchase announcements and continuously until day 1 after the announcements. Multiple regression analysis was performed in order to identify the firm characteristic of share repurchase. The finding is supported with information asymmetric, which shows that stock market reacts more favorably through the repurchase announcements by small firms than large firms. This study is consistent with the signaling hypothesis that shows share repurchase announcement can be an effective tool in stabilizing the stock market in Malaysia. The finding of this study acts as a useful tool for managers and investors to improve their decisions on share repurchase announcements in Malaysia. Company’s managers can conduct share repurchase announcements that are able to make the stock market react positively in order to generate positive abnormal returns.


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