scholarly journals MARKET INTRODUCTION AND DIFFUSION OF NEW PRODUCTS: RECENT DEVELOPMENTS IN AGENT-BASED MODELING

2013 ◽  
Vol 10 (05) ◽  
pp. 1340015 ◽  
Author(s):  
LEA M. WAKOLBINGER ◽  
CHRISTIAN STUMMER ◽  
MARKUS GÜNTHER

Market introduction and diffusion of new products is complex and multifaceted since it involves spatially dispersed customers with individual preferences who may be exposed to a wide range of influences including word-of-mouth communication within a social network. During the past decade agent-based modeling approaches for simulating this process have become increasingly popular, because they not only capture the customers' behavior more realistically, but also allow for new insights for innovation management. The aim of this work is to provide an overview of recent developments, to discuss challenges, and to highlight promising directions for future research.

2020 ◽  
Vol 12 (24) ◽  
pp. 10629
Author(s):  
Gianpaolo Abatecola ◽  
Alberto Surace

What is the state-of-the-art literature regarding the adoption of the complexity theory (CT) in engineering management (EM)? What implications can be derived for future research and practices concerning sustainability issues? In this conceptual article, we critically discuss the current status of complexity research in EM. In this regard, we use IEEE Transactions on Engineering Management, because it is currently considered the leading journal in EM, and is as a reliable, heuristic proxy. From this journal, we analyze 38 representative publications on the topic published since 2000, and extrapolated through a rigorous keyword-based article search. In particular, we show that: (1) the adoption of CT has been associated with a wide range of key themes in EM, such as new product development, supply chain, and project management. (2) The adoption of CT has been witnessed in an increasing amount of publications, with a focus on conceptual modeling based on fuzzy logics, stochastic, or agent-based modeling prevailing. (3) Many key features of CT seem to be quite clearly observable in our dataset, with modeling and optimizing decision making, under uncertainty, as the dominant theme. However, only a limited number of studies appear to formally adhere to CT, to explain the different EM issues investigated. Thus, we derive various implications for EM research (concerning the research in and practice on sustainability issues).


2019 ◽  
Vol 20 (3) ◽  
pp. 251-264 ◽  
Author(s):  
Yinlu Feng ◽  
Zifei Yin ◽  
Daniel Zhang ◽  
Arun Srivastava ◽  
Chen Ling

The success of gene and cell therapy in clinic during the past two decades as well as our expanding ability to manipulate these biomaterials are leading to new therapeutic options for a wide range of inherited and acquired diseases. Combining conventional therapies with this emerging field is a promising strategy to treat those previously-thought untreatable diseases. Traditional Chinese medicine (TCM) has evolved for thousands of years in China and still plays an important role in human health. As part of the active ingredients of TCM, proteins and peptides have attracted long-term enthusiasm of researchers. More recently, they have been utilized in gene and cell therapy, resulting in promising novel strategies to treat both cancer and non-cancer diseases. This manuscript presents a critical review on this field, accompanied with perspectives on the challenges and new directions for future research in this emerging frontier.


Polymers ◽  
2020 ◽  
Vol 12 (10) ◽  
pp. 2237 ◽  
Author(s):  
P. R. Sarika ◽  
Paul Nancarrow ◽  
Abdulrahman Khansaheb ◽  
Taleb Ibrahim

Phenol–formaldehyde (PF) resin continues to dominate the resin industry more than 100 years after its first synthesis. Its versatile properties such as thermal stability, chemical resistance, fire resistance, and dimensional stability make it a suitable material for a wide range of applications. PF resins have been used in the wood industry as adhesives, in paints and coatings, and in the aerospace, construction, and building industries as composites and foams. Currently, petroleum is the key source of raw materials used in manufacturing PF resin. However, increasing environmental pollution and fossil fuel depletion have driven industries to seek sustainable alternatives to petroleum based raw materials. Over the past decade, researchers have replaced phenol and formaldehyde with sustainable materials such as lignin, tannin, cardanol, hydroxymethylfurfural, and glyoxal to produce bio-based PF resin. Several synthesis modifications are currently under investigation towards improving the properties of bio-based phenolic resin. This review discusses recent developments in the synthesis of PF resins, particularly those created from sustainable raw material substitutes, and modifications applied to the synthetic route in order to improve the mechanical properties.


2012 ◽  
Vol 27 (2) ◽  
pp. 187-219 ◽  
Author(s):  
Shu-Heng Chen ◽  
Chia-Ling Chang ◽  
Ye-Rong Du

AbstractThis paper reviews the development of agent-based (computational) economics (ACE) from an econometrics viewpoint. The review comprises three stages, characterizing the past, the present, and the future of this development. The first two stages can be interpreted as an attempt to build the econometric foundation of ACE, and, through that, enrich its empirical content. The second stage may then invoke a reverse reflection on the possible agent-based foundation of econometrics. While ACE modeling has been applied to different branches of economics, the one, and probably the only one, which is able to provide evidence of this three-stage development is finance or financial economics. We will, therefore, focus our review only on the literature of agent-based computational finance, or, more specifically, the agent-based modeling of financial markets.


2020 ◽  
Vol 21 (4) ◽  
pp. 438-477
Author(s):  
Bryan R Early ◽  
Menevis Cilizoglu

Abstract Policymakers employ economic sanctions to deal with a wide range of international challenges, making them an indispensable foreign policy tool. While scholarship on sanctions has tended to focus on the factors affecting their success, newer research programs have emerged that explore the reasons for why sanctions are threatened and initiated, the ways they are designed and enforced, and their consequences. This scholarship has yielded a wealth of new insights into how economic sanctions work, but most of those insights are based on sanctions observations from the 20th Century. The ways that policymakers employ sanctions have fundamentally changed over the past two decades, though, raising concerns about whether historically derived insights are still relevant to contemporary sanctions policies. In this forum, the contributors discuss the scholarly and policy-relevant insights of existing research on sanctions and then explore what gaps remain in our knowledge and new trends in sanctions policymaking. This forum will inform readers on the state of the art in sanctions research and propose avenues for future research.


Author(s):  
Robert S. Friedman ◽  
Desiree M. Roberts ◽  
Jonathan D. Linton

Although the goal of this book is to provide foundational knowledge through indepth consideration of the seminal literature in the technology innovation management field, we now offer some thoughts on integrating the past, present, and future research directions in this field. The underlying theme that holds together the research considered in this book is the tension between the old (current routine) and the new (innovation). Mainstream business and management theory, like economic theory, focuses on the assumption of equilibrium. The study of technology innovation management at its core considers how to manage in the face of dynamics caused by the novelty and uncertainty associated with innovation. The nature of these dynamics can differ depending on a variety of factors. In some cases, the innovation causes smaller disruptions, due either to the magnitude or the nature of its effects. Such changes are often associated with terminology such as continuous, evolutionary, incremental, or sustaining. At other times, the disruptions are quite large, either due to a greater magnitude of change or a substantial difference in the change. These changes are often associated with terms such as discontinuous, disruptive, radical, or revolutionary. A major challenge to technology innovation management research is that the assumption of equilibrium is needed in many cases to allow for sufficient simplification of phenomena to produce generalizable theory and solutions that are tractable and close formed.


2018 ◽  
Vol 1 ◽  
pp. 205920431879231 ◽  
Author(s):  
Dylan van der Schyff ◽  
Andrea Schiavio ◽  
Ashley Walton ◽  
Valerio Velardo ◽  
Anthony Chemero

The phenomenon of creativity has received a growing amount of attention from scholars working across a range of disciplines. While this research has produced many important insights, it has also traditionally tended to explore creativity in terms of the reception of products or outcomes, conceiving of it as a cognitive process that is limited to the individual domain of the creative agent. More recently, however, researchers have begun to develop perspectives on creativity that highlight the patterns of adaptive embodied interaction that occur between multiple agents, as well as the broader socio-material milieu they are situated in. This has promoted new understandings of creativity, which is now often considered as a distributed phenomenon. Because music involves such a wide range of socio-cultural, bodily, technological, and temporal dimensions it is increasingly taken as a paradigmatic example for researchers who wish to explore creativity from this more relational perspective. In this article, we aim to contribute to this project by discussing musical creativity in light of recent developments in embodied cognitive science. More specifically, we will attempt to frame an approach to musical creativity based in an 4E (embodied, embedded, enactive, and extended) understanding of cognition. We suggest that this approach may help us better understand creativity in terms of how interacting individuals and social groups bring forth worlds of meaning through shared, embodied processes of dynamic interactivity. We also explore how dynamical systems theory (DST) may offer useful tools for research and theory that align closely with the 4E perspective. To conclude, we summarize our discussion and suggest possibilities for future research.


2021 ◽  
Vol 15 (1) ◽  
pp. 191-210
Author(s):  
Ioan Susnea ◽  
Emilia Pecheanu ◽  
Adina Cocu

In the context of the alarming news about climate changes, resource depletion, ecological disasters, and demographic trends, the interest of the researchers and the scientific literature on topics related to sustainability grew exponentially in the past two decades. In 2020 only, the number of publications indexed in the Web of Science (WoS) having the keywords “sustainability” or “sustainable development” in the topic was higher than 42,000. Facing this flood of literature, the present work aims to ease the effort of locating relevant studies about the applications of Agent-based Modeling and Simulation (ABMS) in the research of environmental sustainability. This goal is accomplished by: (a) providing a comprehensive bibliography of recent relevant articles on this topic, (b) identifying the most popular domains of application of ABMS in this field, and (c) building a list of the available simulation tools. We found that most of the selected studies (52%) are designed for management related acticities (decision support, policy making etc.), the application domain addressed by the largest number of articles (27%) is agriculture and related activities (pastoralism, hunting, fishery, and forestry), and the most popular simulation platform is NetLogo (15%).


Author(s):  
Brian BALDASSARRE ◽  
Giulia CALABRETTA ◽  
Nancy BOCKEN ◽  
Jan-Carel DIEHL ◽  
Duygu KESKIN

Concerns about the societal and environmental impact of how companies operate have generated increasing interest in more sustainable ways of doing business (Porter & Kramer, 2011). Research and practice from the past decade show that a Sustainable Business Model Innovation lens is suitable to embed sustainability into firms’ objectives and operations (Bocken et al., 2014; Schaltegger, Lüdeke-Freund, & Hansen, 2012). Consequently, Sustainable Business Model Innovation has been emerging rapidly as a research field (Lüdeke-Freund & Dembek, 2017). Recent developments in this field build upon seminal work on Design for Sustainability from the past two decades to establish a connection with Strategic Design (Baldassarre et al., 2019; Geissdoerfer et al., 2016; Manzini, 1999; Tukker, 2004). Strategic Design is a research stream that studies how to leverage the discipline of Design in the context of Strategy and Innovation Management (Calabretta et al., 2016; Karpen, Gemser, & Calabretta, 2017). More specifically, it focuses on the application of design practices, principles and methods to the formulation and implementation of innovation strategies that benefit people and organizations alike (Calabretta et al., 2016). The connection between Sustainable Business Model Innovation and Strategic Design is mainly supported by the argument that the strategic and experimental nature of design enables the integration of stakeholders’ objectives including sustainability concerns, while also providing the process dimension needed to move away from theory towards concrete practice and tangible impact (Baldassarre et al., 2017; Bocken, Schuit, & Kraaijenhagen, 2018). However, research on the role and contribution of Strategic Design to Sustainable Business Modeling is still in its infancy. Consequently, within this track of the 2019 edition of the Academy for Design Innovation Management Conference, we collected four research contributions at the intersection between Strategic Design and Sustainable Business Model Innovation. These contributions are summarized in the paragraphs below, followed by a reflection on all of them and potential directions for future research.


2013 ◽  
Vol 2013 ◽  
pp. 1-8 ◽  
Author(s):  
Hassan Sadozai ◽  
Dorsa Saeidi

Recent advances in nanomedicine have been studied in the veterinary field and have found a wide variety of applications. The past decade has witnessed a massive surge of research interest in liposomes for delivery of therapeutic substances in animals. Liposomes are nanosized phospholipid vesicles that can serve as delivery platforms for a wide range of substances. Liposomes are easily formulated, highly modifiable, and easily administered delivery platforms. They are biodegradable and nontoxic and have long in vivo circulation time. This review focuses on recent and ongoing research that may have relevance for veterinary medicine. By examining the recent developments in liposome-based therapeutics in animal cancers, vaccines, and analgesia, this review depicts the current significance and future directions of liposome-based delivery in veterinary medicine.


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