Digging deep into the enterprise innovation ecosystem

2019 ◽  
Vol 13 (4) ◽  
pp. 820-839 ◽  
Author(s):  
Cong Sun ◽  
Jiang Wei
Keyword(s):  
Network Effect ◽  
System Level ◽  
Innovation Ecosystem ◽  
Firm Level ◽  
Chinese Enterprises ◽  
Content Type ◽  
Organizational Boundary ◽  
Ecological Evolution ◽  
Enterprise Innovation ◽  
Nested Structure

Purpose The purpose of this paper is to explore how Chinese enterprises overcome their lack of resource and capabilities and eventually fulfill global resource accumulation, fast innovative commercialization and significant technological breakthrough by establishing and coordinating innovation ecosystem at firm level. Design/methodology/approach This paper first reviewed the literature on the structure and coordinating mechanism of enterprise innovation ecosystem and identified two important gaps on the characteristics of ecosystem actors and the logic of innovative coordination. Then, the paper adopted grounded analysis about the construction and evolution of Haier’s innovation ecosystem based on longitudinal case data. On the basis of the case study, the construct of firm-level innovation ecosystem and new logic of coordination are formed. Findings This paper found the emerging phenomenon of sub-organizational ecosystem actors and depicted that the establishing process of firm-level innovation ecosystem went through three majors stages, and the corresponding coordinating logic changed from proactive intervention to reactive self-evolution. Originality/value This paper tried to make contributions to the studies of structure and coordinating mechanism of enterprise innovation ecosystem, and proposed the enterprise itself could build firm-level ecosystem within its organizational boundary and interact with external ecosystem. The findings enlightened the nested structure of ecosystem, opened the black box of organizational boundary and broke the limitation that existing researches only analyse innovation ecosystem at system level and regard firms as basic analytical unit. Besides, this paper proposed that the coordination of innovation ecosystem can be passively fulfilled by network effect and ecological evolution, where previous studies mainly focused on proactive institutional intervention and resource investment. This point could provide Chinese enterprises with good references.

A multi-platform collaboration innovation ecosystem: the case of China

2018 ◽  
Vol 56 (1) ◽  
pp. 125-142 ◽  
Author(s):  
Yu-Shan Su ◽  
Zong-Xi Zheng ◽  
Jin Chen
Keyword(s):  
Enterprise Strategy ◽  
Innovation Ecosystem ◽  
Role Of Government ◽  
Content Type ◽  
Triple Layer ◽  
Enterprise Innovation ◽  
Enterprise Level ◽  
New Perspective ◽  
Financing And Investment ◽  
Analytical Frameworks

Purpose Innovation ecosystem is an emerging and popular concept in both academic and industrial circles. It offers a new perspective for enterprise strategy positioning. A business can create more value through a healthy innovation ecosystem. The paper aims to discuss these issues. Design/methodology/approach In this paper, the authors utilize a new triple-layer core-periphery framework to analyze Insigma Group’s multi-platform collaboration innovation ecosystem, in order to explore the architecture and heterogeneous functions inside an innovation ecosystem. Findings The authors illustrate the components and working mechanisms of the four platforms, which function as ideation, entrepreneurship, financing and investment, and innovation, inside Insigma’s innovation ecosystem in detail, and explain how they interact and collaborate toward a shared aim of the whole innovation ecosystem. Research limitations/implications The innovation ecosystem is an emerging concept. In this study, the authors combined two existing analytical frameworks of innovation ecosystem, and proposed a triple-layer core-periphery framework, which enable us to analyze the heterogeneity inside an innovation ecosystem. Practical implications The authors discussed the role of government and its policies in shaping the innovation ecosystem at the enterprise level. Originality/value The authors believe that this paper provides a holistic study of Insigma’s innovation ecosystem. The triple-layer core-periphery framework can be used to study other enterprise innovation ecosystem in the future.

Social value of an innovation ecosystem: the case of Leiden Bioscience Park, The Netherlands

2017 ◽  
Vol 9 (4) ◽  
pp. 355-373 ◽  
Author(s):  
Harry Fulgencio
Keyword(s):  
Social Issues ◽  
Real Life ◽  
Geographical Location ◽  
Social Value ◽  
Science Parks ◽  
Innovation Ecosystem ◽  
Science Park ◽  
Firm Level ◽  
Content Type ◽  
Internal Operations

Purpose Science parks are business clusters situated in a particular geographical location, originally conceptualized by local universities, local government and businesses. In recent times, science park stakeholders and tenants are starting to pursue social value and even how to manage. This study aims to clarify the understanding of social value in an innovation ecosystem. Design/methodology/approach This study combines existing literature studies and concepts, observations in a real-life innovation ecosystem – a Bioscience Park – and interviews of key personnel managing the science park. Findings Science Park Social Value (SPSV) is a value resulting from interaction among groups and not just the pursuit of a single firm-level goal. SPSV emanates from the firms within the science park in reaction to the demands of the actors or entities within and outside the innovation ecosystem of the science park: internal operations, external stakeholders and infexternal or broader societal impact. In addition to this, the author has conceptualized a framework for social value of an innovation ecosystem, which will require further research. Research limitations/implications This paper creates a link between concepts about social value, innovation ecosystem (e.g. science park) and stakeholder theory. Practical implications SPSV will be useful for science park orchestrators or managers to manage expectations of social and non-social actors. Social implications Social value of a science park will bring a new light on the stigma that science parks are only money-making ventures and are not in touch with social issues. Originality value This study theorized and researched previously unrelated concepts.

Strategizing in horizons and verizons

IMP Journal ◽  
2017 ◽  
Vol 11 (2) ◽  
pp. 274-288 ◽  
Author(s):  
Lars Huemer
Keyword(s):  
Supply Chain ◽  
Design Methodology ◽  
Management Theory ◽  
System Level ◽  
Business Network ◽  
Firm Level ◽  
Content Type ◽  
Conceptual Study ◽  
Additional Value ◽  
Level Of Analysis

Purpose The study has two related objectives. At the firm level of analysis, the author proposes that a clearer distinction between firms’ mediating functions and mediators could enhance the understanding of business network strategizing. Whereas firms’ mediating functions have received attention in IMP research, less focus has been given to organizations whose core business is mediation. At the system level of analysis, the study complements the perception of a network horizon with that of a network verizon. Whereas the horizon is closely associated with work on firms’ mediating functions, the network verizon is of particular interest to mediators. The paper aims to discuss these issues. Design/methodology/approach This conceptual study combines IMP insights with strategic management theory. Findings The notion of a network horizon is important for business network strategizing, but also influences the perception of relevant network structures. These structures tend to be characterized by sequential interdependencies and a long-linked technology, often associated with physical products and production facilities. The notion of a network verizon highlights a network “depth” that has been unnoticed by previous work, which has focused on how narrow or wide a firm’s network horizon should be. The network horizon and the network verizon add strategizing options in terms of connecting key actors in the network to create additional value. Originality/value This paper concerns how IMP scholars understand boundaries and firms, and how perceptions of these influence business network strategizing. The study articulates a distinction between firms’ mediating functions and those organizations that fundamentally create value through mediating services. This distinction has system-level implications. In particular, the claim that the basis for a firm’s strategizing is its network horizon is discussed. The author proposes the notion of a “network Verizon,” providing a boundary perception of specific relevance to mediators. The network verizon portrays a network depth beyond both sequential tiers in a supply chain and links between different supply chains.

scholarly journals Researching ecosystems in innovation contexts

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Erkko Autio ◽  
Llewellyn D.W. Thomas
Keyword(s):  
Design Methodology ◽  
Integrated Approach ◽  
System Level ◽  
Coherent System ◽  
Innovation Ecosystem ◽  
Comprehensive Overview ◽  
Content Type ◽  
Extant Literature ◽  
Innovation Ecosystems ◽  
Collective Production

PurposeThe rapid adoption of the ecosystem concept in innovation contexts has led to a proliferation of differing uses. Scholars need to be crystal clear which concept of the ecosystem they are using to facilitate communication between scholars and allow for cumulativeness and creativity. This paper aims to introduce some clarity into the conceptual mist that surrounds the notion of “ecosystems” in innovation contexts.Design/methodology/approachA review of the extant literature on ecosystems in innovation contexts to derive an integrated approach to understanding the variety of constructs in use.FindingsThis paper introduces clarity into the conceptual mist that surrounds the term “innovation ecosystem”, showing there are three basic types of ecosystems, all of which have a common focus on the collective production of a coherent system-level output.Originality/valueContributes through a comprehensive overview of the differing ecosystem types in innovation contexts and with a heuristic to disambiguate types of innovation ecosystems.

Linking national business system and firm level innovation

2019 ◽  
Vol 23 (5) ◽  
pp. 765-788 ◽  
Author(s):  
Bashir Ahmad ◽  
Mehmet Erçek
Keyword(s):  
System Level ◽  
Equation Modeling ◽  
Sense Making ◽  
Exploration And Exploitation ◽  
Firm Level ◽  
Content Type ◽  
Business System ◽  
Knowledge Repositories ◽  
Knowledge Exploration ◽  
National Business

Purpose The purpose of this paper is to explain the link between national business system (NBS) and innovation decisions at the firm level by offering sequentially ordered sense-making mechanisms that enable the formation of firm-specific knowledge repositories and knowledge-processing capabilities. Design/methodology/approach This study engages in an extensive scale development effort to collect representative data about the NBS in the Pakistani setting, complemented by relevant validity and reliability tests. The overall theoretical model was tested on 214 firms by means of a structural equation modeling approach, using partial least-squares algorithms. Findings The results statistically supported the role of firm-level knowledge repositories (intellectual capital) and knowledge exploration and exploitation capabilities (absorptive capacity) as sequential mediators in the association of NBS and firm-level innovation. Besides, bridging networks of lateral ties among Pakistani businesses are found to be more effective than bonding networks of vertical ties in encouraging radical innovations. Originality/value This study significantly extends the literature about the NBS approach. It provides specific sense-making mechanisms (i.e. priming, triggering and editing) about how abstract institutional templates constituted at the business system level are translated into firm-level actionable sets by the help of intangible resource repositories and processes that guide knowledge exploration and exploitation.

scholarly journals The role of innovation ecosystems in Industry 4.0 adoption

2021 ◽  
Vol 32 (9) ◽  
pp. 369-395
Author(s):  
Dominik T. Matt ◽  
Margherita Molinaro ◽  
Guido Orzes ◽  
Giulio Pedrini
Keyword(s):  
Industry 4.0 ◽  
Building Blocks ◽  
Educational Organizations ◽  
Innovation Ecosystem ◽  
Firm Level ◽  
Policy Makers ◽  
Content Type ◽  
Cross Border ◽  
Comprehensive Framework

PurposeThe purpose of this paper is to identify actions and guidelines for enabling and fostering the Industry 4.0 adoption, as well as to understand the role of three ecosystem actors in these actions (i.e. companies, educational organizations and regional policy makers).Design/methodology/approach52 semi-structured expert interviews in the Tyrol-Veneto cross-border macro-region were carried out and interpreted using the innovation ecosystem concept. In particular, drawing from this latter, six ecosystem building blocks were identified and used to analyze the interviews' content.FindingsThe findings allow not only to build a comprehensive framework for action to support Industry 4.0 adoption, but also to confirm the importance of exploring Industry 4.0 through the lens of the ecosystem concept. Indeed, the authors show that R&D activities should be complemented with interorganizational actions, such as training and networking, and that all ecosystem actors should be involved in the Industry 4.0 adoption.Originality/valueThis is among the few studies that adopt the innovation ecosystem perspective to explore best practices for Industry 4.0 adoption, thus overcoming the weakness of existing papers based on a firm-level perspective. It also complements previous ecosystem-based research on Industry 4.0 by exploring the technology adoption side, rather than the technology provision one, and by considering the adoption of a wide set of technologies.

Introducing Chinese private enterprise survey: points and prospects

2019 ◽  
Vol 10 (4) ◽  
pp. 501-525 ◽  
Author(s):  
Guangjin Chen ◽  
Peng Lu ◽  
Zeyan Lin ◽  
Na Song
Keyword(s):  
Large Scale ◽  
Private Enterprise ◽  
Business Environment ◽  
Main Body ◽  
Firm Level ◽  
Chinese Enterprises ◽  
Content Type ◽  
Level Data ◽  
Future Data ◽  
Enterprise Survey

Purpose This paper aims to introduce the history and major achievement of the Chinese private enterprise survey (CPES), which is one of the most enduring large-scale nationwide sample surveys in China, providing important micro firm-level data for understanding and studying the development of Chinese enterprises and entrepreneurs over the past 26 years. Design/methodology/approach The main body of this paper is based on a bibliometric analysis of all literature using CPES until 2017. Findings This paper discusses problems that users may encounter during data mining. By doing so, it can assist other researchers to get a better understanding of what has been done (e.g. journals, topics, scholars and institutions) and do their research in a more targeted way. Research limitations/implications As members of the survey project team, the authors also take a prospect of the future data design and use, as well as offer some suggestions about how to use the CPES data to improve high-quality development and business environment evaluation in China. Originality/value This paper is the first to provide an overall picture of academic papers in China and abroad that have used the CPES data.

Understanding decoupling in response to corporate governance reform pressures

2015 ◽  
Vol 23 (4) ◽  
pp. 369-382 ◽  
Author(s):  
Mario Krenn
Keyword(s):  
Corporate Governance ◽  
Design Methodology ◽  
Good Governance ◽  
Regulatory Change ◽  
Compliance Monitoring ◽  
Governance Reform ◽  
Firm Level ◽  
Content Type ◽  
Good Corporate Governance ◽  
Actual Use

Purpose – The purpose of this article is to explain under what circumstances firm-level adoption of codes of good corporate governance will more likely be superficial rather than substantive in nature. The article contains lessons for any agency or country that attempts to implement deep and lasting changes in corporate governance via codes of good corporate governance. Design/methodology/approach – The article reviews the literature on compliance with codes of good corporate governance and develops a conceptual model to explain why some firms that have formally adopted a code of good governance decouple this policy from its actual use. Findings – Decoupling in response to the issuance of codes of good corporate governance will be more attractive to firms and also more sustainable under the following conditions: firms’ compliance costs are relatively high firms’ costs of outright and visible non-compliance are relatively high and outsiders’ compliance monitoring costs are relatively high. Originality/value – The article contributes to the debate on compliance and convergence and provides policymakers with a conceptual framework for assessing the likelihood of successful regulatory change in corporate governance.

Determining the structure of pharmaceutical industry in Iran

2019 ◽  
Vol 13 (1) ◽  
pp. 101-115
Author(s):  
Sara Emamgholipour ◽  
Lotfali Agheli
Keyword(s):  
Pharmaceutical Industry ◽  
Economies Of Scale ◽  
Monopolistic Competition ◽  
Pharmaceutical Market ◽  
Data Availability ◽  
Market Demand ◽  
Firm Level ◽  
Content Type ◽  
Measure Concentration ◽  
Pharmaceutical Industries

Purpose As the pharmaceutical industry is one of the key sectors of the health-care system, the identification of its structure is of particular importance. This paper aims to determine the structure of the pharmaceutical industry in Iran to provide appropriate solutions for pricing and regulation by policymakers. Iran is a growing pharmaceutical market with over $4bn in sales, so the supply side needs to be examined to meet the domestic consumption. Design/methodology/approach This research is a descriptive and retrospective analytical study which examines the Iranian pharmaceutical industry through library studies and using pharmaceutical data of the country’s Food and Drug Administration during 1992-2016. Due to data availability in firm level, the concentration ratio of N leading firms and the Herfindahl–Hirschman index are used to measure the concentration of the pharmaceutical market in 2014 and 2016. Findings The results show that pharmaceutical manufacturing, importing companies and distributing companies play roles in monopolistic competition market, loose oligopoly market and oligopoly market, respectively. For all companies, the magnitudes of Herfindahl–Hirschman indices indicate non-competitive settings. As a result, these companies set their own prices, and market demand affects their sales. In addition, demand for medicines is shaped in the form of supply-induced demand. Research limitations/implications This research was accomplished with no computational limitation. However, it was confined to only one country, one industry and the mentioned period of study. Practical implications The pharmaceutical manufacturers have no influence on medicine prices, and government pricing regulations lessen the market power of such market agents. However, the easy entry to and exit from market stimulate producers to participate in manufacturing activities. The pharmaceutical importers may expand their imports in response to entry new actors; however, the new entrants weaken the coordination on pricing decisions. Social implications As pharmaceutical distributers act in an oligopoly market, they can collude, reduce competition and lower the welfare of pharmaceutical consumers. In such conditions, high investment requirements and economies of scale may discourage the entry of new firms. Originality/value Although there are various studies on market structure in non-pharmaceutical industries, this study is a new effort to measure concentration in the Iranian pharmaceutical market and to determine its structure.

Information risk, stock returns, and asset pricing: Evidence from China

2017 ◽  
Vol 30 (4) ◽  
pp. 379-394 ◽  
Author(s):  
Raheel Safdar ◽  
Chen Yan
Keyword(s):  
Stock Returns ◽  
Factor Model ◽  
Empirical Literature ◽  
Firm Level ◽  
Cross Sectional ◽  
Market Pricing ◽  
Content Type ◽  
Information Risk ◽  
Accruals Quality ◽  
Three Factor

Purpose This study aims to investigate information risk in relation to stock returns of a firm and whether information risk is priced in China. Design/methodology/approach The authors used accruals quality (AQ) as their measure of information risk and performed Fama-Macbeth regressions to investigate association of AQ with future realized stock returns. Moreover, two-stage cross-sectional regression analysis was performed, both at firm level and at portfolio level, to test if the AQ factor is priced in China in addition to existing factors in the Fama French three-factor model. Findings The authors found poor AQ being associated with higher future realized stock returns. Moreover, they found evidence of market pricing of AQ in addition to existing factors in the Fama French three-factor model. Further, subsample analysis revealed that investors value AQ more in non-state owned enterprises than in state owned enterprises. Research limitations/implications The study sample comprises A-shares only and the generalization of the findings is limited by the peculiar institutional and economic setup in China. Originality/value This study contributes to market-based accounting literature by providing further insight into how and if investors value information risk, and it seeks to fill gap in empirical literature by providing evidence from the Chinese capital market.

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