{"title":"Managing Change and Innovation","authors":"T. Puhan","doi":"10.2139/ssrn.3371800","DOIUrl":"https://doi.org/10.2139/ssrn.3371800","url":null,"abstract":"Digitalization, global competition and an increased velocity of life and business do not allow companies today to sit back for a while and harvest the fruit of their leading market position. Continuous or sometimes even revolutionary change and innovation are needed to stay in the game. This paper addresses the topic of managing innovation using evidence from the academic literature and occasional evidence from field research with a sample of companies from different sectors, with different sizes and locations. In particular, the study focuses on the backbone of all change and innovation processes: the organizational structure and working culture. What changes are necessary in an organization to enhance the innovation potential and allow a company to navigate through the quickly evolving market environment? What are key aspects regarding the working culture that seem to be a crucial for successful transformation and innovation processes? The key insights are: 1) Organizational structures evolve from silos to client/business line centric units, combined with communities; 2) organizational culture is one of the largest endogenous drivers of innovation management; 3) internal incubators and external innovation hubs jointly contribute to the innovation process; 4) employees become intrapreneurs; 5) a key aspect of the cultural and organizational transformation is leadership involvement and role modeling, and 6) approaches such as design thinking, lean startup, and the striving for a maximization of organizational agility disrupt the traditional work environment.","PeriodicalId":131271,"journal":{"name":"IRPN: Innovation & Entrepreneurship (Topic)","volume":"60 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-04-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131559468","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Entrepreneurial Co‐Creation: Societal Impact Through Open Innovation","authors":"M. De Silva, M. Wright","doi":"10.1111/radm.12362","DOIUrl":"https://doi.org/10.1111/radm.12362","url":null,"abstract":"New open innovation initiatives such as accelerators, living labs, social innovation labs and open labs, involve for-profit and not-for-profit actors working closely together to co-create both business value and societal impacts. However, there is a lack of theoretical underpinning to understand how and why co-creation by actors generate different types of social value in the concurrent pursuit of business and social value. Adopting an inductive case study approach, we find that different types of entrepreneurs who co-exploit co-identified opportunities for co-creation, enables them to generate potentially competing social and business values. We develop four propositions relating to how and why profit orientation and key resource contributions of entrepreneurs co-identifying an opportunity to co-create decide the nature of social value generated. We discuss avenues for future research and practical implications, underlying the importance of developing entrepreneurialism as ways to generate different social impacts through open innovation approaches such as co-creation.","PeriodicalId":131271,"journal":{"name":"IRPN: Innovation & Entrepreneurship (Topic)","volume":"17 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-02-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122444991","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Options for Sustainable Development: Green Economy and Relative Economics","authors":"T. Jain, Er. Nirupa Jain","doi":"10.2139/ssrn.3315462","DOIUrl":"https://doi.org/10.2139/ssrn.3315462","url":null,"abstract":"Damage to environment due to over-exploitation of resources has led to devastations and threat to our own existence. Climate Change will create biggest threats to mankind. This paper explores possible options. The authors discuss the concept of green economy and how it can be implemented. The concept of relative economics is also discussed.","PeriodicalId":131271,"journal":{"name":"IRPN: Innovation & Entrepreneurship (Topic)","volume":"54 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-01-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126083864","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Blockchain Ecosystem","authors":"S. Hammer","doi":"10.2139/SSRN.3281020","DOIUrl":"https://doi.org/10.2139/SSRN.3281020","url":null,"abstract":"The dynamics of blockchain, its ongoing development, and its systemic vulnerabilities are rooted in its ecosystem – the community of producers, suppliers, customers, stakeholders, and competitors. This paper provides a high-level description of the framework of the blockchain ecosystem, beginning with blockchain development, and drilling down to a level of detail about blockchain use cases and stakeholders. To provide strategic perspective, this description takes place at the highest possible level, bearing in mind, of course, that many smaller ecosystems comprise blockchain. In order to elucidate the components of the blockchain ecosystem, this paper provides examples of companies currently operating in each area. However, this paper does not endorse or criticize any particular business, practice, or model. Notably, however, blockchain companies do not always easily fit into one area of the ecosystem – they may operate in more than one area, evolve in capabilities and transition between areas over time, or even cease to exist. This illustrative map can serve many purposes. Using this map, policymakers can obtain insight into how they can incentivize a strong blockchain ecosystem with reduced vulnerabilities. Traditional companies can use this map to gain insight into how the blockchain ecosystem will come to interact with the ecosystem of their own traditional businesses. Investors and business analysts can use this map to gain insight into which companies will hold the leadership roles in the blockchain ecosystem over time. And of course, entrepreneurs can identify potentially profitable opportunities to participate in and enhance the blockchain ecosystem. Importantly, the blockchain ecosystem is a \"living\" map, exhibiting constant change, and it will therefore require updating on a regular, real-time basis. What is provided in this paper, then, is simply a snapshot in time of the blockchain ecosystem as it currently exists. The intention is to continue to study the ever-evolving blockchain ecosystem, obtain insight, and subsequently improve and refine the map.","PeriodicalId":131271,"journal":{"name":"IRPN: Innovation & Entrepreneurship (Topic)","volume":"5 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-11-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121779893","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"What Happens After a Crowdfunding Campaign?","authors":"T. Vanacker, S. Vismara, Xavier Walthoff‐Borm","doi":"10.4337/9781788117210.00015","DOIUrl":"https://doi.org/10.4337/9781788117210.00015","url":null,"abstract":"In this chapter, we review the literature that investigates firms or projects after they have successfully raised funds (or failed to raise funds) on crowdfunding platforms. For this purpose, we first focus on firm outcomes, including firm failure, follow-on fundraising, and firm performance. When governments embrace crowdfunding this is primarily because policymakers expect that crowdfunding will allow firms with innovative ideas to form, grow, and flourish. Second, we focus on the promises made by entrepreneurs to the crowd, such as the delivery of rewards or the provision of returns. When the general public and investors embrace crowdfunding this is primarily because they expect that crowdfunding will provide them with non-financial and/or financial benefits. Finally, we provide a roadmap for scholars by providing an overview of important topics that warrant more attention in future research.","PeriodicalId":131271,"journal":{"name":"IRPN: Innovation & Entrepreneurship (Topic)","volume":"4 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-07-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127410847","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Does More Certification Always Benefit a Venture?","authors":"Lauren Lanahan, D. Armanios","doi":"10.1287/orsc.2018.1211","DOIUrl":"https://doi.org/10.1287/orsc.2018.1211","url":null,"abstract":"An implicit assumption in institutional theory is that more certifications improve a venture’s likelihood for success. However, under certain conditions, we argue more certifications may be detrimental to the venture’s performance. We advance this notion by examining both who is doing the certification and, in turn, what information is revealed to others through the certification. Our study advances two new constructs based on varying instances of follow-on certification: certification broadening, where the initial and follow-on certifiers are different institutions, and certification redundancy, where the initial and follow-on certifiers are the same institution. By studying sequences of certification in the U.S. Small Business Innovation Research federal and state programs, we find that certification broadening generally increases a firm’s ability to acquire private resources, whereas certification redundancy generally decreases a firm’s ability to acquire private resources. This study advances a more d...","PeriodicalId":131271,"journal":{"name":"IRPN: Innovation & Entrepreneurship (Topic)","volume":"77 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-03-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124108187","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Perfil Empreendedor: O Caso Da Mula Sem Cabeça (Entrepreneur Profile: The Case of Headless Mule)","authors":"J. Borba, Sidnei Vieira Marinho, Anete Alberton","doi":"10.14211/REGEPE.V7I1.448","DOIUrl":"https://doi.org/10.14211/REGEPE.V7I1.448","url":null,"abstract":"This study case “The case of the ‘ mula sem cabeca ’ or ‘headless mule’”, a figure from Brazilian folklore, describes a problem situation of a young entrepreneur who achieved the objective of having his own retail outlet for a clothing brand with which he had a close and caring relationship for many years. After managing to open the store, in the main shopping center of the town of Balneario Camboriu, on the north coast of Santa Catarina, he faced the dilemma of whether to dedicate himself entirely to the role of business person, or whether to give up the company where he had worked for ten years. Contextually, there is still an imminent national economic crisis that could exacerbate the loss of income in the self-owned business, as well as his personal problems, in a property investment. The case was written as a teaching tool for use in the classroom on the topic of entrepreneurialism, and the characteristics of the entrepreneur.","PeriodicalId":131271,"journal":{"name":"IRPN: Innovation & Entrepreneurship (Topic)","volume":"103 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-03-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115678875","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Do Place-Based Policies Promote Local Innovation and Entrepreneurship?","authors":"X. Tian, Jiajie Xu","doi":"10.2139/ssrn.3118661","DOIUrl":"https://doi.org/10.2139/ssrn.3118661","url":null,"abstract":"This paper explores how a prominent place-based policy in China, the national high-tech zones, affects local innovation output and entrepreneurial activities. Relying on plausible exogenous variation in place-based policies caused by staggered establishments of national high-tech zones, we find that the establishment of national high-tech zones has positive effects on local innovation output and entrepreneurial activities. A number of additional tests suggest that the effects appear causal. Access to finance, reductions in administrative burdens, and talent cultivation are three plausible underlying channels through which national high-tech zones positively affect local innovation and entrepreneurship. Our paper sheds new light on the debate about the real effects of place-based government policies.","PeriodicalId":131271,"journal":{"name":"IRPN: Innovation & Entrepreneurship (Topic)","volume":"37 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-02-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127376486","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Technological Innovation, Entrepreneurship and Productivity in Germany, 1871-2015","authors":"W. Naudé, P. Nagler","doi":"10.2139/ssrn.3107759","DOIUrl":"https://doi.org/10.2139/ssrn.3107759","url":null,"abstract":"Entrepreneurship in Germany has been stagnating. As a result, the effectiveness of technological innovation to improve labor productivity weakened, which has been implicated in rising income inequality and poverty. In this paper we provide an overview of technological innovation and labor productivity growth from 1871. From this we show that over the past three decades the economy has found it increasingly difficult to transform technological innovation into labor productivity growth: in glaring contrast to earlier periods. Despite higher spending on R&D and more personnel than ever working in research labs, labor productivity growth continues to decline. Two interrelated reasons are offered for this phenomenon. The first is that the national innovation system itself has certain weaknesses. The second is entrepreneurial stagnation. We discuss the weaknesses of the innovation system and the nature and causes of entrepreneurial stagnation. We call for policies that will improve the innovation system, educational and managerial capabilities, venture capital investments, and the contestability of markets. Strengthening social protection and raising real wages are important supportive measures.","PeriodicalId":131271,"journal":{"name":"IRPN: Innovation & Entrepreneurship (Topic)","volume":"65 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-01-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129652006","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Managing SMEs' Collaboration Across Organizational Boundaries Within a Regional Business Ecosystem","authors":"Agnieszka Radziwon, M. Bogers","doi":"10.1142/9789813230972_0007","DOIUrl":"https://doi.org/10.1142/9789813230972_0007","url":null,"abstract":"Small and medium sized enterprises (SMEs) often engage in relationships with external partners that complement their activities in improving their products and services in order to maintain their market share in a competitive landscape. In this chapter, we present a case that focuses on SMEs’ perspective on managing and organizing inter-company collaboration within a regional business. We explore how purposefully managed mutual knowledge flows across organizational boundaries applied by SMEs contribute to the development of the ecosystem they are immersed in. Our key findings include insights into the advantages offered by being embedded within regional ecosystem boundaries, such as low transaction costs and reduced risks of opportunistic behaviors, environmental opportunities for external knowledge sourcing or increase of the sphere of influence. We also highlight accompanied challenges, such as low autonomy and control over the partners and indicate shared issues and responsibilities crucial for further ecosystem development. As a conclusion, we offer a set of recommendations both for managers and policymakers concerning general organizational requirements and governing structures.","PeriodicalId":131271,"journal":{"name":"IRPN: Innovation & Entrepreneurship (Topic)","volume":"60 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121613739","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}