The paper focuses on a key uniqueness of the simultaneous generation of social and business value - across science, technology and society - involving academics, businesses, policy makers, innovation intermediaries, NGOs and citizens that share and integrate assets in developing solutions to address economic and societal challenges.
By contrasting with a broad literature using the term ‘co-creation’ to denote close working relationship between actors, the paper outlines a conceptual framework explaining how the diversity of agents involved, their motivations and goals, and incentive structures in which they operate impact on science-based co-creation. This multidimensional perspective is discussed with regard to the scope of innovation, reach and types of values that are generated, and the distinctive features to be considered when both social and business value are at the core of collaboration.
Policy implications to support science-based co-creation are discussed with regard to the rationale for public interventions and the critical dimensions of policy implementation and assessment. It highlights that policy design aiming at supporting societal challenges through co-creation should address mechanisms to integrate tangible and intangible inputs, define suitable operational models and enhance specific capabilities and practices.
The High Technology Small Firms (HTSF) conference is a “boutique” conference, small compared to thematically broader entrepreneurship conferences such as the Babson Kauffman Entrepreneurship Research conference (BKERC) and the Research in Entrepreneurship and Small Business conference (RENT), but specialized on the topics of the emergence and the management of HTSFs.
Theories that consider technology as the basis for economic growth focus on products – fundamental innovations. These theories have created much interest due to their ability to explain many economic events. However, technology-based long wave theories have been the subject of much criticism by traditional economists. Many of these concerns are addressed by changing a focus on products to engineering materials and forms of energy that are critical for the success of the fundamental innovations. Changing the focus from product to materials and energy not only addresses concerns of economists, but provides insights to scientists and engineers on the development of materials and energy and the management of research throughout the lifecycle of engineered materials and forms of energy.
Emerging Technology Supply Chains (ETSCs) are critical to economic growth and renewal as they determine the timing and extent to which economic and social benefits are achieved from future industries like additive technologies, advanced materials, alternative energy, and biotechnology. However, little is known regarding this topic and many of the questions underpinning ETSCs remain understudied. Emerging Technology Supply Chains (ETSC) are the relationships and flows between the ‘string’ of operations and processes that initiate, evolve and develop during determination of the art and associated techniques of doing something novel to produce value in the form of new products and new services to the ultimate consumer. The literature on ETSCs is considered and summarized. An interdisciplinary call to research that includes the consideration of over 20 topics and disciplines is provided.
The paper studies the effects of competition on innovation in various technology groups of mature Russian manufacturing firms. The purpose of the research is to establish whether more intense competition is good or bad for innovation, and to learn how the response to competition varies between technology leaders, followers and laggards. The study uses the 2014 survey data, which includes 1920 manufacturing firms from 19 sectors and size groups between 10 and 10,000 employees. The finding is that commitment to product innovation increases with competition at a modest level of competitive pressure, especially if foreign entry and import are considered. However, this result is mostly driven by technologically weak plants, which innovate less than leaders and followers at a low level of competition, but are encouraged to innovate more by a modest increase of competitive pressure, when theoretically predicted optimal behavior would be to refrain from innovation. When competition is strong, plants in all technology groups give up the innovation race. Competition is less influential in explaining process (as opposed to product) innovation, and the findings demonstrate a clear inverted U-shaped link: laggards and leaders are more likely to upgrade process technologies when weak competition increases slightly, and are less likely to do so when strong competition becomes stronger
This editorial aims to assist authors in maximizing the impact of their work. While the editorial is written specifically for the journal Technovation, many items of advice are equally applicable to other publishing outlets. While the value of any article is its unique core contribution, the best way to present an article's core value is quite consistent and is the focus of this editorial.
This paper considers how service innovation has emerged and changed over time through three distinct eras: technology adopters, technology enabled and technology–service convergence. Convergence is modeled as relating to the linking of some combination of existing technology or service to a new technology or service resulting in a 2×2 matrix that helps better understand the management challenges faced in service innovation management for the foreseeable future. The four papers in the issue are introduced and summarized.
Nanotechnology is a rapidly evolving area of knowledge related to the development of the methods of study and control of the matter at the molecular level to produce materials, devices, and systems with new technical, functional, and consumer properties that were impossible to achieve previously. The rapid expansion of nanotechnology R&D carries not only promised benefits, but also potential economic, social, environmental, legal, and ethical risks. Tha paper introduces national regulatory framework for nanotechnology development and provides an overview of available statistical indicators for assesing its potential economic impacts.
Beauty and the Beast offers wonderful lessons on how to write research papers with greater impact. The story focuses on three characters - two that are beautiful on the outside (Belle and Gaston) and one who is ugly (the Beast). Belle’s beauty is both on the surface and deep-rooted – something rare. However we gradually see the less apparent (internal) beauty of the Beast and how once that hidden beauty is revealed in the correct manner, the Beast is rapidly be transformed into a Beauty (handsome prince). And then of course since Beauty and the Beast is a fairy tail: the important characters all live happily ever after. Too many authors fail to find and release the inner beauty of their papers. Occasionally an editor or a reviewer will attempt to do so. Sometimes this is successful and the paper is transformed - its newfound beauty drawing large numbers of readers to it. Often the author cannot see the hidden beauty in their work and fails to follow the path to improvement that the editor(s)/reviewer(s) hints at. Once this happens the editor(s)/reviewer(s) give up, because they feel that they were mistaken or that the beauty is present but is too much effort to release. Having offered a picture that is both tragic and dreamy, the surface ugliness that can obscure the beauty inside is explored. For academic theory in technology innovation management (and many other areas of social science): Beauty is Novelty and Generalizability. The Beast is Confirmation of existing knowledge and high specificity or contextual dependence. A paper is a Beast if it only provides: confirmation of what already is known, calls for provision of further evidence, offers insight only into a specific location or a specific technology. A paper that provides novel findings that are widely generalizable is a Beauty. For Doctoral theses it might be sufficient to: pose a question, test it with appropriate method and statistical analysis, and report the results. In fact, Sun and Linton (2014) found this approach to dominate in a group of desk-rejected papers. However, the high impact papers were very different. These papers focused on (a) Literature – setting of context and identifying the gap that needs filling – and (b) Discussion – explaining the contribution. The contribution of a high impact research paper requires more physical space. It is in this part of an article in which the inner Beauty is revealed. The detailed discussion (contribution) of a high impact paper reveals the deep Beauty of the paper ‘s contribution in terms of novelty, generalizability and the associated implications: 1) Novelty 2) Generalizability 3) Implications
Technological innovation is a manifestation of human progress, but efforts in this direction have yielded many issues. For example, in the energy field, nuclear power was considered the solution to electrical supply 50 years ago. While it has proven to be a viable source of energy in France and other European countries, it has had problems in the US (Three Mile Island) and in the former Soviet Union (Chernobyl). There is a reticence on the part of citizens to nuclear power, and the issue of waste disposal defies solution. The Federal Government in the US did not license new plants for decades, despite technological advances developed by national laboratories. Coal remains a major source of electrical energy fuel, although there are very strong questions concerning the need to replace it for carbon footprint reasons. Natural gas is one alternative. Wind power is another. Solar energy has been proposed. All of these alternatives can be seen to work physically. The question of energy was further complicated with the recent large-scale adoption of fracking. This technique introduces risk and uncertainty not only to itself, but its inclusion changes decision-making regarding all sectors of energy.
A comparison is made between the structure of 10 high impact papers and 50 desk-rejects. In doing so, authors are offered empirical evidence and insights into why papers that have a high impact not only differ from unsuccessful papers in terms of content, but also their structure. While excellent content is needed for high impact, appropriate structure is also required. Obtaining the appropriate structure is the first and easiest step. The intent of this editorial is to assist authors to recognize and make this important step
Development of information and communication technologies (ICT) is a key aspect of modernising the Russian economy. Russia is gradually approaching developed countries in terms of ICT infrastructure and Internet access. Along with opportunities opened by the rapid development and proliferation of ICT, systemic threats to security of critical components of public and private infrastructures are becoming increasingly more serious. Accordingly, achieving an acceptable level of supply chains’ cyber security, and managing relevant risks, are turning into top priorities of the national policy.
The tremendous potential to assist or degrade economic and national security performance make security in the cyber supply chain a topic of critical importance. This is reflected by the tremendous activity in the public and private sector to better understand the myriad of cyber challenges, identifying existing gaps and needs and closing these gaps as quickly and firmly as possible through government policy initiatives, public/private partnerships, and legal/insurance penalty and incentive regimes. However when we examine the academic literature, the research and publications in this area are rather sparse. Consequently, this issue is intended to act as a resource to practitioners and as a call to research.
Good design is of great value today. However, in the future it will be of even greater value. The commoditization of traditional manufacturing and the increasing influence of 3D printing is driving profit out of manufacturing and into creating or owning the underlying product design. Consequently design in not only an important topic for journals on design, but also in other fields such as technology innovation management – hence this special issue in Technovation. The special issue consists of six papers covering a variety of topics including management and modularity.