scholarly journals A New Tool for Supporting Innovation in Biotech Co-Innovation and the Role of Economic Developers

Author(s):  
Marina Frangioni

Biotech companies have been perceived has the Saint-Graal for economic development since a few years. But the economic downturn and a misunderstanding of the shift in innovation process, from a stage gate process to a user driven process placed, impairs biotech companies. Economic developer, which aims is to foster innovation to induce economic development asked themselves how to help innovation in the biotech sector to reach the market more rapidly and more efficiently. This book chapter present an overview in the innovation shift from the supply side to the demand side and propose a new model of intervention for economic developers in this new context of co-innovation.

Author(s):  
Moyassar Al-Taie ◽  
Michael Lane ◽  
Aileen Cater-Steel

This chapter explores the role of the Chief Information Officer (CIO). A detailed review of the existing literature traces the evolution of this role and highlights its characteristics and configurations. CIO role effectiveness can be described in terms of three demand-side roles: strategist, relationship architect, integrator, and three supply-side roles: educator, information steward, and utility provider. To explore the configuration of roles of CIOs in Australia, a large-scale survey of CIOs was conducted. The Australian results, based on 174 responses, are compared with those from similar studies in USA. The top priority for the Australian CIO was information steward, ensuring organizational data quality and security and recruiting and retaining IT skilled staff. In comparison, the first priority for the USA CIOs was utility provider - building and sustaining solid, dependable, and responsive IT infrastructure services. This study's findings have implications for CIO career development and recruitment.


2017 ◽  
Vol 58 (1) ◽  
pp. 35-57
Author(s):  
Martin Chick

Abstract This article examines the change in the fundamental assumptions underpinning industrial policy from the mid-1970s in Britain. It necessarily contrasts the broadly supply-side concerns of industrial policy from the mid-1970s with the more demand-side concerns of the earlier ‘Golden Age’ period from 1945. Where in the earlier period the emphasis in industrial policy was on capital investment and the role of government in compensating for perceived market inefficiency, from the late 1970s this emphasis shifted to the need to improve the flexibility and quality of supply-side factors allied to a more optimistic view of the ability of the market to secure efficient outcomes.


2020 ◽  
Vol 9 (512) ◽  
pp. 56-64
Author(s):  
I. H. Khanin ◽  
◽  
V. S. Bilozubenko ◽  
S. Y. Shablii ◽  
◽  
...  

The growing importance of innovations in the economy has turned them into a more important factor in production and consumption, structural changes, economic dynamics, competitiveness, and social development. This has gained a paradigm importance and has led to the emergence of an innovative model of economic development, the peculiarities of which being the topic that the article is concerned with. Taking into account the dependence of innovations on the generation and dissemination of new knowledge, the article emphasizes the critical importance of the productivity of science and the quality of education. This is confirmed by global trends and finds a manifestation in the development strategies of the countries and companies. In this context, a modern understanding of innovations and the basis of their emergence, which is connected with knowledge and creativity, has been closer defined. The authors characterize the main features of innovation, in particular: cumulativeness, chain character, integration of practical and theoretical knowledge, duration of «maturation» and emergence of innovation, uncertainty, collectivity, uneven appearance in time and concentration in space, propensity towards conflict. A vision of the process of developing innovations by stages covered by system management is proposed. The main models of emergence of innovation together with the model of innovation process (the model of extraction through demand (market); the model of «needs seekers»; the model of «readers of market information»; the model of technological nudging; the cyclical model of innovations; the model of open innovations; the chain and interactive model of innovation process; the innovative model of «funnel»; the network model of innovation) are described. A number of features of the innovative model of economic development are allocated: recognition of innovation as the most important factor of economic growth; constant interaction of production, science and market, focused on the development of innovations; defining role of human capital; structural changes in the system of social production; domination of the innovative nature of competition in the modern economy; development of innovative entrepreneurship. On the basis of the formation of an innovative model of development, the growing role of science and education, the modern economy is characterized as an economy of knowledge; the main points of its concept are considered. An increase in the influence of education in the innovation model of the economy in terms of generating and disseminating new knowledge in order to intensify innovation is substantiated.


Author(s):  
Wojciech Sadurski

This chapter discusses the causes of Poland’s constitutional breakdown in and after 2015. On the one hand, they have an ‘agentic’ character: the role of the paranoia and anger of political leaders cannot be disregarded. In addition to such supply-side explanations, there are also important demand-side hypotheses, linked in particular to anti-elite and xenophobic attitudes, concerns and fears. As the chapter shows, in the case of Poland, the most important role is played by identity-related concerns, rather than socio-economic vulnerabilities. In turn, persistent support for the populist Law and Justice (Prawo i Sprawiedliwość (PiS)) party can be explained by its successful even if irrational welfare policies, by its effective if primitive propaganda, and by the weaknesses of the opposition. This leads to a reflection on the fragility of the institutions. As this chapter argues, partly because of its newness, partly because of faulty institutional design, and partly because of the thinness of democratic political culture among the elite and in society at large, the institutional system of Poland was ineffective in blocking anti-constitutional parties’ access to power.


2012 ◽  
pp. 4-26 ◽  
Author(s):  
V. Mau

The article reveals two factors which determined social and economic development of Russia in 2011: future elections and the global economic crisis. Relative sustainability of the Russian economy is noted. Still, macroeconomic stability remains fragile. Principal features of the global economic crisis are considered: its structural and systemic character. The specifics of Russian economic policy is analyzed. A new model of growth is proposed that is based on supply-side economics, its key elements are studied. Recent political changes in the Russian society are analyzed as well as their influence on economic dynamics. The necessity of complex modernization in Russia is stressed.


2016 ◽  
Vol 34 (8) ◽  
pp. 1556-1581 ◽  
Author(s):  
Robert Baldock

Recent European studies present persistently critical views of the under performance of government-backed venture capital (GVC) schemes when compared to their private sector counterparts. However, they assess the performance of outmoded funding models and fail to contextualise the economic development role of these schemes. This paper provides a contemporary assessment of the business impacts of the UK government’s flagship Enterprise Capital Funds VC scheme in addressing the sub-£2 m equity finance gap facing young potential high-growth businesses requiring investments. Supply and demand-side evidence is presented from interviews with ECF fund managers, alternative private VCs, industry experts and surveys of successful and unsuccessful scheme applicants. We find that, despite the limitations of mid-scheme evaluation, Enterprise Capital Funds are addressing the UK equity gap and delivering business employment, revenue and innovation impacts. However, further progress is required in order to achieve optimal business exits and sustainable early stage private VC system impacts.


1997 ◽  
Vol 29 (7) ◽  
pp. 1275-1296 ◽  
Author(s):  
P A Redfern

In this paper I take issue with what I identify as a basic consensus in gentrification studies. I argue that gentrification studies have been conducted within a context framed by two basic models of urban development, namely the Burgess concentric-zone model and the Alonso bid-rent model. These two models lie at the heart of what are more usually seen as the parameters of the gentrification debate, namely the ‘supply-side’ rent-gap account of gentrification offered by Neil Smith and his followers and the ‘demand-side’ consumption-oriented explanations offered by David Ley and his followers. Both sets of explanations are, however, fatally compromised by seeking to answer the question ‘why does gentrification occur?’ before answering the question ‘how does gentrification occur?’. Starting with the question ‘how?’, rather than ‘why?’, draws attention to the hitherto almost completely neglected role of domestic technologies in permitting gentrification to occur, thereby helping break the theoretical logjam in which the gentrification debate currently finds itself.


Urban History ◽  
1977 ◽  
Vol 4 ◽  
pp. 40-47 ◽  
Author(s):  
C. A. Archer ◽  
R. K. Wilkinson

In recent years there has been a growing interest in the process of urban economic development and the role of housing markets in this process is as essential as it is obvious. In order to make progress towards providing answers to some of the important questions relating to the development of towns, it is necessary to try to obtain more precise information on trends in house prices, the level and structure of housing demand and the character of the supply side of the markets. Studies of local housing markets, however, have been constrained by the lack of reliable data on the most important variables and are, therefore, characteristically qualitative and descriptive. Our main objective, therefore, when embarking on the study described below, was to obtain reliable data on which to base analyses of local housing markets.


2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Ajantha Velayutham ◽  
Asheq Razaur Rahman ◽  
Anil Narayan ◽  
Michael Wang

PurposeThe purpose of this study is to examine the disruptive effects of COVID-19 on supply chains and question the role of accounting information in managing these supply chains in the face of such disruptive effects.Design/methodology/approachThe study first explains the effects of COVID-19 on the supply chains of business entities. It then explains the role of accounting information in supply chain management, questions accounting information's ability to play such a role, and makes recommendations for better accounting disclosures and accounting research for supply chains of firms. To illustrate the salient points, a case study of Fisher and Paykel Healthcare is conducted. It identifies the risks and uncertainties of supply chains exposed by COVID-19 disruptions to businesses.FindingsCOVID-19 has affected Fisher and Paykel Healthcare from both the supply-side (upstream) and demand-side (downstream) perspectives. On the supply side, it has disrupted the supply of raw materials used in the manufacture of respiratory devices and the costs of importing such materials. On the demand side, it has disrupted market logistics and customer demand. This has subsequently affected production. Such disruptions can be overcome through the dissemination of appropriate accounting information for the different stages of the supply chain to the managers. Such accounting information can also be useful to external stakeholders for minimizing their risks.Originality/valueThe study attempts to create an awareness of the supply chain uncertainties faced by managers and stakeholders arising from exogenous shocks, such as a pandemic, and how these uncertainties can be mitigated by aligning accounting information flows with the supply chain activity flows. The observations made in this paper are at a conceptual level and, therefore, can be applied to any industry.


2008 ◽  
Vol 5 (2) ◽  
Author(s):  
Aykut Arslan

In this research, we first evaluated the current practices of the Turkish local e-governments.  Then, building upon an earlier study of local e-governments in Europe (Key Elements for Electronic Local Authorities’ Networks [KEeLAN], 2002), we compared the Turkish local e-government stages with their European counterparts to give a broader perspective. The basic framework focuses on the evaluation of current practices on the supply side (government), rather than the demand side (citizen). The emphasis of this research is on the evaluation of each web site in terms of nine basic public services (additional sub-services available) comprised of policy making, economic development, personal documents, credit and loans/financial support, education, building permits, environment, culture and leisure, and information dissemination. It is assumed that at least four of those services (randomly) are supplied in a local context among the Member Countries, including Turkey. We suggest the results might provide a deeper understanding of local e-governments in Turkey and lend support to advances in this under-researched area.


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