scholarly journals Collective Intelligence: An Emerging World in Open Innovation

2019 ◽  
Vol 11 (16) ◽  
pp. 4495 ◽  
Author(s):  
JinHyo Joseph Yun ◽  
EuiSeob Jeong ◽  
Xiaofei Zhao ◽  
Sung Deuk Hahm ◽  
KyungHun Kim

Responding to the lack of empirical research on the effect of collective intelligence on open innovation in the fourth industrial revolution, we examined the relationship between collective intelligence and open innovation. Collective intelligence or crowd innovation not only produces creative ideas or inventions, but also moderates any firm to innovate inside-out, outside-in, or in a coupled manner. We asked the following research questions: Does collective intelligence (or crowd innovation) motivate open innovation? Is there any difference in the effect of collective intelligence on open innovation by industry? These research questions led to the following three hypotheses: (1) Collective intelligence increases the performance of a firm, (2) collective intelligence will moderate the effect of open innovation, and (3) differences exist between the automotive industry and the pharmaceutical industry in these two effects. To empirically examine these three hypotheses, we analyzed the registered patents of these two industries from 2000 to 2014 over a 15-year period. These automotive and pharmaceutical patents were registered in the B60 category and the A61K category of the Korea Patent office, respectively. Collective intelligence was measured by co-invention. We found differences in the effects of collective intelligence on open innovation between the two industries. In the automotive industry, collective intelligence not only directly increased the performance, but also indirectly moderated the open innovation effect. However, this was not the case for the pharmaceutical industry.

Author(s):  
Mariam Adepeju Abdulraheem-Mustapha

Laws and policies have important roles to play in advancing the Fourth Industrial Revolution (4IR) through Science, Technology, Engineering and Mathematics (STEM) research in Nigeria. STEM education and knowledge brings about development by converging scholars across the world with recent research discoveries. In order for Nigeria to reap the maximum benefits from the 4IR, its legal system must come in line with the principles advanced by the 4IR. It is important to state that the laws which have been enacted before the contemporary era are inadequate and obsolete. Education (STEM education inclusive) which will benefit the most from thenewrevolution would demand new legal instrumentsthat are adequate and effective to cater for the legal and policy demands of the 4IR by bringing forth a more current and inclusive legal protection for all the relevant beneficiaries. Using doctrinal methodology, thispaperexamines4IR and right to education in Nigeria with a view to establishing the relationship between the legal instruments and STEM education with the objective of advancing the agenda of the relevance of all fields of education for the next generation.The paper is divided into six sections and the findings show that, education (STEM education inclusive) is bedeviled with many challenges andthe extant laws are inadequate to solve them.Thus, making the goal of 4IR unachievable in Nigeria. To reach the greatest dexterities in all works of life, the paper concludes by bringing the significance of laws and policies that wouldaccommodate free STEM education in secondary and tertiary school levels in order to answer the call for 4IR. It recommends research collaboration across STEM fields for integrated curriculum and an amendment of the Constitution. It also advocates for gender equality and investing more in STEM education for having a transformative shift in Nigeria for the purpose of achieving 4IR.


Author(s):  
Sangeeta Trott

The main purpose of the chapter is to understand the role of marketing in creating awareness and action for sustainability in the fourth industrial revolution. The chapter is sequenced as follows: It begins with a brief introduction, followed by exploring the relationship between marketing and sustainability. The chapter then explains how marketing can play an important role in developing awareness and action at various phases of sustainability with suitable examples. The chapter then discusses the various issues which one faces in sustainability and ends with a conclusion. The chapter has great theoretical and managerial implications.


Author(s):  
Mathew Maavak ◽  
Aini Suzana Ariffin

Malaysia intends to ride on the crest of the coming i.4.0 wave. According to the 2016 GE Global Innovation Barometer study, a significant number of Malaysian executives felt positive about embracing i4.0 vis-a-vis their global peers. On the surface, Malaysia appears ready for its own i4.0 revolution. According to the WEF's Networked Readiness Index on digital readiness, Malaysia was ranked 6th in terms of having the most tech-savvy government in the world. The automotive sector is ideally suited to kickstart the i4.0 revolution as it was traditionally regarded as the “industry of industries” – particularly due to its traditional role in spearheading wider, cross-sectoral industrialisation. However, Malaysia is not yet ready to embrace the 4th Industrial Revolution. This chapter discusses the obstacles, challenges, and opportunities facing i4.0 uptake in the Malaysian automotive industry. It ends by recommending a unique pathway for i4.0 adoption in the sector.


2019 ◽  
Vol 2 (1) ◽  
pp. 34 ◽  
Author(s):  
Charalambos Tsekeris

This concise article maintains that, in times of structural and persistent crisis, Europe needs to effectively tackle the multiple challenges and existential fears by cultivating a strong and dynamical digital skills ecosystem, based on collective values and the fundamental liberal principles of co-creation, co-evolution, and collective intelligence, over against the obsolete principles of optimisation and top-down administration and control. This will arguably result in upgrading humanism (humanism 2.0) and democracy (democracy 2.0), and in boosting responsible innovation and, therefore, adaptiveness, as well as in translating technological progress into inclusive and sustainable economic growth, and risks into creative opportunities for all citizens.


2020 ◽  
Vol 1 (6) ◽  
pp. 101-110
Author(s):  
E. S. PODBORNOVA ◽  

The article is devoted to a review of the current problems of the fourth industrial revolution, namely, the development of the Industry 4.0 ecosystem in the automotive sector. The following issues were considered: globalization of world industry; digital technologies as the main component in industrial competition; innovation ecosystem; analysis of statistical data of the world's largest consulting audit companies; directions of modernization of the existing system in the context of the identified problems, as well as recommendations in connection with the current situation with COVID-19.


2015 ◽  
Vol 105 (05) ◽  
pp. 334-337
Author(s):  
R. Arnold

Die Digitale Fabrik wird unter anderem zur Bewältigung von Herausforderungen der Automobilindustrie sowie als Grundlage zukünftiger Themenschwerpunkte – wie Industrie 4.0 – immer relevanter. Aktuell besteht kaum eine Möglichkeit, die Qualität dieser digitalen Hilfsmittel objektiv zu bewerten. Der Fachbeitrag stellt eine Methodik vor, mit deren Hilfe Optimierungspotential identifiziert und die Auswirkungen bei Änderungen bezüglich der Digitalen Fabrik abgeschätzt werden können.   To meet the challenges within automotive industry and provide a basis for future topics, such as the fourth industrial revolution, the digital factory is getting more relevant. At the moment, however, the quality of these digital means cannot be objectively assessed. Therefore, the following paper introduces a novel approach not only for identifying potential for optimization but also for estimating the impacts when modifying the elements of the digital factory.


2022 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Hanna Moon ◽  
Sungpyo Hong

Purpose This study aims at analyzing the impact of perceptions of the fourth industrial revolution (crisis and opportunity) in the relationship between workers’ career attitudes and future learning intentions. Design/methodology/approach This study analyzed the multiple mediating effect of the perception of the fourth industrial revolution in the relationship between career attitudes and future learning intention using data of 305 Korean workers. As career attitude variables, boundaryless and protean career orientation variables were used, and perception of the fourth industrial revolution was analyzed (opportunity and crisis perception). Findings Both workers’ boundaryless career orientation and protean career orientation influenced future learning intention through the perception of opportunity for the fourth industrial revolution. This result suggested that flexible career attitudes positively recognized the changes of the fourth industrial revolution and had an effect on promoting attitude toward future learning. Research limitations/implications The study confirmed that workers’ flexible career attitudes could promote perception of opportunity rather than crisis in changing situation and strengthen their intention to prepare for the future by mediating this perception. These results suggest that lifelong learning and competency development can be reinforced by facilitating perception of an opportunities for external change for individual career development. Originality/value Insights for personal career development were provided by analyzing the relationship between flexible career attitudes, which are increasing in importance in the modern society, and perceptions of changes in external environment.


Author(s):  
Hyungbo Shim ◽  
Yonghwan Kim ◽  
Greg Minton ◽  
Dongyan Nan ◽  
Yerin Kim ◽  
...  

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