Innovation

2014 ◽  
pp. 288-309
Keyword(s):  
Business Model ◽  
Open Innovation ◽  
Emerging Market ◽  
Business Model Innovation ◽  
Market Models ◽  
The Third ◽  
Future Developments ◽  
Research And Innovation ◽  
Innovative Solutions ◽  
Living Labs

This is the third chapter looking at the bigger picture of eAccessibility and inclusion technologies. In this chapter, issues dealing with innovation and how this can be boosted in the next years are discussed. More specifically, this chapter discusses how the organization of research and innovation can affect future innovation, how open innovation-led users, living labs, and DIY can have an impact on how innovative solutions are achieved in the future. It also discussed the effect of platforms in boosting innovation in specific areas give the recent lessons from mobile and how prizes and competitions can help even more in that direction. Finally, it looks into issues of business model innovation and emerging market models of innovation while also looking at how design plays a role and how new financing techniques such as crowdfunding can have an impact on future developments.

Open Innovation

2021 ◽  
pp. 42-75
Author(s):  
Hakikur Rahman
Keyword(s):  
Business Model ◽  
Technological Innovation ◽  
Open Innovation ◽  
Organizational Innovation ◽  
Service Innovation ◽  
Innovation Process ◽  
Disruptive Innovation ◽  
Business Model Innovation ◽  
Contemporary World ◽  
Operational Management

While talking about successful entrepreneurship and value addition within an enterprise through innovation, one could comprehend that the innovation paradigm has been shifted from simple introduction of new thoughts and products to accumulation of diversified actions, actors, and agents along the process. Furthermore, when the innovation process is not being constrained within the closed nature of it, the process takes many forms during its evolution. Innovations have been seen as closed innovation or open innovation, depending on its nature of action, but contemporary world may have seen many forms of innovation, such as technological innovation, products/service innovation, process/production innovation, operational/management/organizational innovation, business model innovation, or disruptive innovation, though often they are robustly interrelated.

Corporations In The Clouds?

2019 ◽  
pp. 514-536
Author(s):  
Danielle Logue
Keyword(s):  
Business Model ◽  
Open Innovation ◽  
Academic Research ◽  
Modern Society ◽  
Disruptive Innovation ◽  
Business Model Innovation ◽  
Historical Changes ◽  
Corporate Form ◽  
Disruptive Innovations ◽  
Recent Developments

This chapter considers the historical changes that have occurred in the way corporations engage in innovation, conceptualizations of disruptive innovation, and the consequences of recent developments in technology, models and movements for the corporate form (particularly boundaries), practices, and leadership. It discusses how the notion of disruption innovation has developed, and summarizes the main innovation dichotomies that have emerged from years of academic research on how corporations innovate. It then focuses on the implications of open innovation and business model innovation for the corporation, and details current responses of corporations to disruptive innovation. The chapter concludes with a consideration of how disruptive innovations are impacting the role and significance of the corporation in modern society.

Examining the effects of governmental networking with environmental turbulence on the geographic searching of business model innovation generations

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Haixu Bao ◽  
Chunhsien Wang ◽  
Ronggen Tao
Keyword(s):  
Business Model ◽  
Large Scale ◽  
Business Models ◽  
Emerging Market ◽  
Business Model Innovation ◽  
Environmental Turbulence ◽  
High Tech ◽  
Content Type ◽  
External Resources ◽  
The Relationship

Purpose This study aims to explore the relationship between geographic search and business model innovation and proposed a contingent framework to focus on how governmental networking and environment turbulence are interdependent moderate the relationship between geographic search and business model innovation. Design/methodology/approach A large-scale questionnaire survey was carried out among the firms in three high-tech parks of the Pearl River Delta, with a total of 287 firms as empirical samples. Hypotheses are tested using ordinary least squares analyzes on hierarchical multiple regression to find out how geographic search can drive business model innovation generations. Findings The empirical results showed that the more frequent geographic search is, the more favorable it is for firms to generate innovative business models, and firms may be more effective in geographic searching and business model innovation with better governmental networking. However, the above relationship may be weakened if the environment turbulence in emerging markets is further considered. It was argued that firms must take into account both the positive effects of governmental networking and the negative effects of environmental turbulence in conducting a geographic search for external knowledge resources to generate innovative business models. The study results showed how and why governmental networking can be a key catalyst for firms to generate innovative business models. Research limitations/implications This study contributes to the business model innovation literature by documenting the large-scale survey evidence that confirms the practicality of geographic search in the business model innovation generations. The findings advance previous studies in the business model innovation by identifying the moderating roles of governmental network and environment turbulence that predict business model innovation behaviors in the emerging market. Practical implications The results indicate that the geographic search can be easily operationalized for external resources acquisitions by managers in generating business model innovation. This has applications for external resource acquisitions on the basis of business model innovation in the emerging China market. In addition, to facilitate the business model innovation generations, the focus should be on critical contingency factors; on the one hand, to promote the continued use of external resources, the focus should be on enhancing benefits such as governmental networking. Originality/value The findings extend existing theory in three ways as the original value. First, the results show that geographic search is an important driver of business model innovation generations in an emerging market context. Second, this study is the first to take organizational learning and open innovation perspective to examine geographic search as a boundary-spanning search of external resources in business model innovation generations. Third, this study also explores the moderator role of governmental network and environmental turbulence on how to strengthen or impair the geographic search and business model innovation generations.

Respecting the Deal

2012 ◽  
Vol 4 (1) ◽  
pp. 23-41
Author(s):  
Riccardo Bonazzi ◽  
Arash Golnam ◽  
Yves Pigneur ◽  
Alain Wegmann
Keyword(s):  
Organizational Structure ◽  
Business Model ◽  
Open Innovation ◽  
Third Party ◽  
The Third ◽  
Knowledge Share ◽  
Conflicting Interests ◽  
The Third Party ◽  
Relational Risk

Platforms like eBay allow product seekers and providers to meet and exchange goods. On eBay, consumers can return a product if it does not correspond to expectations; eBay is the third-party firm in charge of assuring that the agreement among seekers and providers will be respected. Who provides the same service for what concerns open innovation, where specifications might not be fully defined? This paper describes the business model of an organizational structure to support the elicitation and respect of agreements among agents, who have conflicting interests but that gain from cooperating together. Extending previous studies, the business model takes into account the economic dimensions concerning the needs of knowledge share and mutual control to allow a third-party to sustainably reinforce trust among untrusted partners and to lower their overall relational risk.

Aligning firm's value system and open innovation: a new framework of business process management beyond the business model innovation

2020 ◽  
Vol 26 (5) ◽  
pp. 999-1020
Author(s):  
Bisan Abdulkader ◽  
Domitilla Magni ◽  
Valentina Cillo ◽  
Armando Papa ◽  
Roberto Micera
Keyword(s):  
Business Model ◽  
Business Process ◽  
Value Creation ◽  
Open Innovation ◽  
Business Process Management ◽  
Process Management ◽  
Business Model Innovation ◽  
Value System ◽  
Content Type ◽  
New Framework

PurposeBusiness process management (BPM) supports the creation and capture of firm value. In a dynamic context, the current approach to BPM appears to be limited and static in the face of the challenges posed by the firm's open innovation (OI) ecosystem. The main purpose of this paper is to shed light on the value co-creation through the integration of OI principles and mechanisms of value system.Design/methodology/approachTo this aim, the paper suggested a conceptual integration of strategy and operations literature on OI and the firm's value creation system. This analysis adopted BPM lenses with specific attention to the alignment between value creation and value capture. Applying BPM lenses to the process of creating shared value sought the attainment of a comprehensive system of decisions articulated between strategy and operations.FindingsThe paper pinpoints key links between strategy models and operational planning, thus proposing a new framework that integrates the characteristics of value system and OI. The paper elaborates a new theoretical framework rooted in the extant literature conducted in BPM, business strategy and business model innovation (BMI) fields.Originality/valueThis paper aims to fill the gap in the literature in which strategy models are separately treated from the operational ones. This conceptual effort contributes to the extant literature by drawing upon a comprehensive frameworkand mapping the complex set of interactions between the firm's value chain and its innovation ecosystem.

scholarly journals Exploring the Impact of Strategic Flexibility on Business Model Innovation under the Open Innovation Activity: The Moderating Roles of Multiple Factors with Competitive Ties and Cooperative Ties

2020 ◽  
Vol 13 (7) ◽  
pp. 80
Author(s):  
Wang Xin
Keyword(s):  
Business Model ◽  
Open Innovation ◽  
Business Model Innovation ◽  
Innovation Activity ◽  
Strategic Flexibility ◽  
Internal Resources ◽  
Resource Flexibility ◽  
Innovation Activities ◽  
The Impact ◽  
The Relationship

This paper proposed a research model exploring the link among strategic flexibility, innovation openness, business model innovation, and introduced two moderating roles into this model. The result shows that innovation openness plays a partly mediating role between strategic flexibility and business model innovation. Collaborator ties negatively moderating the relationship between resource flexibility and innovation openness, positively moderating the relationship between coordination flexibility and innovation openness; The moderating effect of competitor ties is the same. In addition, the results of three interaction shows that the relationship between resource flexibility and innovation openness is negatively moderated by high collaborator ties and high competitor ties, while positively moderated by high collaborator ties and high competitor ties. It’s suggested that enterprises effectively integrate the relationship between internal resources with external competitors and cooperators according to their own strategic flexibility characteristics, embedded open innovation activities in business.

scholarly journals A framework for business model with strategic innovation in ICT firms

2018 ◽  
Vol 31 (1) ◽  
pp. 16-41 ◽  
Author(s):  
Nezameddin Faghih ◽  
Banafsheh Dastourian ◽  
Seyyed Mojtaba Sajadi ◽  
Andres Henten ◽  
Pantea Foroudi
Keyword(s):  
Business Model ◽  
Business Models ◽  
Emerging Market ◽  
Business Environment ◽  
Business Model Innovation ◽  
Model Concept ◽  
Model Framework ◽  
Content Type ◽  
Strategic Innovation ◽  
Ict Industry

Purpose The purpose of this study is to help gain an accurate and distinct understanding of information-based business concepts and critical steps in designing an appropriate business model, by providing a framework for designing an innovative information-based business to help fledgling businesses development in the information and communication technology (ICT) industry of Iran. What is a business model framework with the strategic innovation approach in the small and medium enterprises (SMEs) of ICT industry? What are the components of this model and the relations between them? Business model is a logical response to how a business can create value. Changing business environment means that business models are rapidly growing; accordingly, innovation is no longer optional. However, innovation is important in general, but the kind of innovation that is widely and directly dependent on business model will be quite critical for all parts of the organization. In fact, business model innovation is an exquisite technic to create, deliver and earn value by changing one or more components of a typical business model. Business model innovation needs information and form business environment based on dynamic information system. Design/methodology/approach The present paper focuses upon SMEs in ICT. Grounded theory has been used for this purpose, with 15 interviews conducted. Findings An emerging market is one in which commercial exchanges of a particular industry between the countries are relatively new but possess great investment attractiveness and a high potential to grow (such as Iran).As the ICT industry of Iran is a leading industry, and the country itself is an emerging market, the main purpose of this study is to provide a framework for designing an innovative information-based business to help fledgling businesses development in the ICT industry of Iran. Originality/value The purpose of this paper is to help accurate and distinct understanding of the business model concept and critical steps in designing an appropriate business model. Studies conducted to simultaneously deal with the business model and strategic innovations are few, and by the time the proposal was written, there was no research observed from Persian sources.

scholarly journals IMPACT OF OPEN INNOVATION ON BUSINESS MODEL INNOVATION: A STUDY OF SMES IN PUNJAB

2018 ◽  
Vol 5 (43) ◽  
Author(s):  
Deepika Kamboj ◽  
Shukrant Jagotra
Keyword(s):  
Business Model ◽  
Open Innovation ◽  
Positive Relationship ◽  
Descriptive Study ◽  
Business Model Innovation ◽  
Rural India ◽  
Linear Modeling ◽  
Fast Pace ◽  
The Relationship ◽  
Structured Questionnaire

SMEs have acted as backbone of rural India by providing ample employment opportunities and infrastructural developments. The number of SMEs in India is growing at a fast pace hence increasing the competition. Punjab is one such state having large number of SMEs in different segments. In order to diversify and excel, SMEs are undertaking innovative practices and trying to create a competitive advantage by incorporating innovation through different ways. This paper examines the relationship between Open Innovation and Business Model Innovation by interviewing 120 respondents and collecting responses with the help of a structured questionnaire. It is a descriptive study exploring relationship through linear modeling. The results of the study show significant and positive relationship among Open Innovation, Business Model Innovation

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