Journal of Open Innovation: Technology, Market, and Complexity最新文献

{"title":"Impact measuring the of technological innovation driven by co-creation of value on the performance of multinationals in emerging markets","authors":"Geraldo Cardoso de Oliveira Neto ,&nbsp;Oseias do Prado Soares ,&nbsp;Benny Kremer Costa ,&nbsp;Rodrigo Neri Bueno da Silva ,&nbsp;Priscila Rezende da Costa ,&nbsp;Roberto Bernardes ,&nbsp;Flávio Luiz Rodrigues ,&nbsp;André Silva de Carvalho ,&nbsp;Dirceu da Silva","doi":"10.1016/j.joitmc.2025.100511","DOIUrl":"10.1016/j.joitmc.2025.100511","url":null,"abstract":"<div><div>The co-creation of value is a key strategy for fostering technological innovation; however, its integration into daily business practices remains limited. Technological innovations arising from co-creation of value result from collaborative efforts between businesses and key stakeholders, driving improvements in both operational and economic/financial performance. This study aims to evaluate whether adopting co-creation of value facilitates technological innovation in multinational automotive companies in Brazil, thereby enhancing their operational and economic/financial outcomes. A survey-based study was conducted with more than 105 experts from multinational automotive companies in Brazil, employing structural equation modeling analysis. The findings demonstrate that the co-creation of value fosters technological innovation, which in turn enhances operational and financial/economic performance. This study advances the field by highlighting the critical role of active customer and supplier engagement in driving innovation across organizational, product, and process domains within emerging markets. Furthermore, it provides actionable insights for managers, emphasizing the importance of implementing continuous feedback systems, offering customer support, and fostering close collaboration with stakeholders to optimize processes, reduce costs, and enhance customer satisfaction. The study’s contributions lie in providing a robust foundation for future research and practical applications, supporting sustainable and competitive growth in dynamic business environments.</div></div>","PeriodicalId":16678,"journal":{"name":"Journal of Open Innovation: Technology, Market, and Complexity","volume":"11 2","pages":"Article 100511"},"PeriodicalIF":0.0,"publicationDate":"2025-03-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143629543","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Evaluating progress toward achieving the quality of employment and decent work: The development of the model","authors":"Angelina Roša ,&nbsp;Ann Mary Aldrena ,&nbsp;Natalja Lace","doi":"10.1016/j.joitmc.2025.100510","DOIUrl":"10.1016/j.joitmc.2025.100510","url":null,"abstract":"<div><div>The present paper examines factors influencing the creation of a supportive and dignified work environment and evaluates progress towards decent work and quality employment. The following questions are addressed 1) What external factors are prerequisites for creating conditions for decent work and quality employment in the company? 2) What management practices and models encourage the creation of decent working conditions at the organizational level? 3)How does a decent work environment influence the company's sustainable development and employees' well-being? Data were collected from Scopus and Web of Science with VOSviewer for bibliometric and thematic analysis. Triangulation was carried out to integrate all obtained results and develop a conceptual model for evaluating progress toward achieving decent work and quality employment. The proposed model reflects preconditions, including ethical values, gender equality, open innovation models, and educational alignment. Key drivers such as practices fostering an ethical environment, shared decision-making, social security and protection, labor standards, and autonomy at work are highlighted. Job satisfaction, well-being, and quality of life were identified as consequences of decent working conditions. Practical implications are provided by providing company management with a tool comprising a set of factors to determine the extent to which a company is moving toward a favorable work environment. The theoretical contribution is that this study expands the understanding of how systemic factors are interrelated to form a decent workplace culture. The proposed model adds value and provides insights to business leaders, policymakers, and researchers on how to promote sustainable employment practices. Keywords: decent work, employment quality, sustainable development, innovation, conceptual model.</div></div>","PeriodicalId":16678,"journal":{"name":"Journal of Open Innovation: Technology, Market, and Complexity","volume":"11 2","pages":"Article 100510"},"PeriodicalIF":0.0,"publicationDate":"2025-03-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143680988","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Mutualism between incumbents and startups in emerging economies: Partner selection in David and Goliath relationships","authors":"Shigeki Kanemoto ,&nbsp;Taro Sugihara ,&nbsp;Masaharu Tsujimoto","doi":"10.1016/j.joitmc.2025.100507","DOIUrl":"10.1016/j.joitmc.2025.100507","url":null,"abstract":"<div><div>Collaboration between large enterprises and startups is a distinct partnership that drives innovation by combining startups' agility and risk-taking with enterprises' resources and experience. While the literature on partner selection focuses primarily on developed economies, there is limited research on this topic in the context of emerging economies. This study addresses this gap by exploring the key factors that enable startups in Vietnam, an emerging economy, to secure partnerships with large enterprises. Using nine cases, we examine the aims and criteria prioritized by large enterprises in Vietnam when selecting a partner from among startups. This study contributes to the literature by providing new insights into the dynamics of collaboration between large enterprises and startups in emerging economies and offers the first empirical examination of partner selection in this context. This study also offers practical implications for entrepreneurs by highlighting key factors that increase the likelihood of successful partnerships or investments between startups and large enterprises in emerging economies.</div></div>","PeriodicalId":16678,"journal":{"name":"Journal of Open Innovation: Technology, Market, and Complexity","volume":"11 1","pages":"Article 100507"},"PeriodicalIF":0.0,"publicationDate":"2025-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143527549","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"What role does digitalization play in the entrepreneurship-sustainable development nexus in Africa?","authors":"Tolulope T. Osinubi ,&nbsp;Folorunsho M. Ajide ,&nbsp;Munacinga Simatele","doi":"10.1016/j.joitmc.2025.100500","DOIUrl":"10.1016/j.joitmc.2025.100500","url":null,"abstract":"<div><div>Sustainable development attempts to support the growth of individuals, communities, and cultures to attain a reasonable and equitable quality of life, healthcare, and education worldwide. Entrepreneurship and digitalization are widely acknowledged to be important in achieving sustainable development by creating job opportunities, increasing innovation, and supporting environmentally responsible corporate practices. Thus, the study explores the moderating role of digitalization in the nexus between entrepreneurship and sustainable development in Africa between 2006 and 2019. This is crucial in this era of digital technologies, especially in Africa where entrepreneurship may serve as a bedrock for economic development and growth. The study employs Driscoll and Kraay, Lewbel's two-stage least squares, and system generalized method of moments (SYGMM) techniques. The findings show that entrepreneurship positively influences sustainable development. Digitalization has a positive effect on sustainable development. Also, it acts as a complement to the entrepreneurship-sustainable development nexus, implying that digitalization enhances entrepreneurship in spurring sustainable development in Africa. Also, the findings show that both digitalization and entrepreneurship contribute to economic and social sustainability but lead to environmental degradation in Africa. The study, therefore, offers policy recommendations for policymakers, especially in African countries.</div></div>","PeriodicalId":16678,"journal":{"name":"Journal of Open Innovation: Technology, Market, and Complexity","volume":"11 1","pages":"Article 100500"},"PeriodicalIF":0.0,"publicationDate":"2025-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143551039","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Nexus between business development service and women entrepreneurs’ performance: Implication for MSMEs growth and inclusive economic development in Ethiopia","authors":"Kindineh Sisay ,&nbsp;Shita Molla ,&nbsp;Lidiya Mekonnen ,&nbsp;Zerihun Gadisa","doi":"10.1016/j.joitmc.2025.100514","DOIUrl":"10.1016/j.joitmc.2025.100514","url":null,"abstract":"<div><div>In many Micro, Small, and Medium Enterprises (MSMEs) studies, the focus tends to be on assessing issues related to access to finance as a primary challenge to their development. Nevertheless, studies on non-financial services i.e., Business Development Services (BDSs) that might help to tackle many non-financial challenges MSMEs face and promote their growth through enhanced competitiveness is often ignored. This study therefore shed lights the effect of BDS on the performance and growth of women owned MSMEs and factors that impede their decision to use BDS. To do so, a cross sectional data from 412 MSME owner women’s found in Eastern part of Ethiopia was used. The data was analyzed using PSM and ESR model. Analysis results of these models shows that BDS users’ capital, annual income, and number of employees are increased by 75208 ETB, 33964 ETB, and 5.69 individuals, because of the service, respectively. Therefore, policymakers and development practitioners should consider promoting the accessibility and effectiveness of BDS to empower women owned MSMEs and promote inclusive economic growth. As both logit and probit model result indicates, MSME owner women’s decision to use BDS is positively determined by the manager status, government and/or NGO support, size of working place, credit, awareness in BDS, tenure or work place secureness and age of the manager, and negatively by education level of the manager. The study recommends providing networking opportunities for non-aware business enterprises by connecting with BDS providers and other successful BDS user enterprises.</div></div>","PeriodicalId":16678,"journal":{"name":"Journal of Open Innovation: Technology, Market, and Complexity","volume":"11 1","pages":"Article 100514"},"PeriodicalIF":0.0,"publicationDate":"2025-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143592313","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Uncertainty spillovers from advanced, emerging, and low-income economies and firm-level stock returns in Vietnam: Does state ownership matter?","authors":"Thanh Huu Phu Nguyen,&nbsp;Ho Hoang Gia Bao,&nbsp;Hoang Phong Le ,&nbsp;Ba Hoang Nguyen","doi":"10.1016/j.joitmc.2025.100509","DOIUrl":"10.1016/j.joitmc.2025.100509","url":null,"abstract":"<div><div>This study analyzes the spillover effects of economic and political uncertainty from advanced, emerging and low-income economies on stock returns in Vietnam based on a firm-level approach. After controlling for firm-level and country-level factors and addressing potential endogeneity issues, we find positive associations between uncertainties in advanced, emerging and low-income markets and stock returns in Vietnam. However, the positive spillover effects from advanced and emerging markets become weaker for state-owned organizations. The findings remain robust across different econometric specifications. The study, therefore, offers novel empirical evidence from an emerging market together with several practical implications for policymakers and investors.</div></div>","PeriodicalId":16678,"journal":{"name":"Journal of Open Innovation: Technology, Market, and Complexity","volume":"11 1","pages":"Article 100509"},"PeriodicalIF":0.0,"publicationDate":"2025-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143580525","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Inter-organizational cooperation in the diffusion and improving of innovativeness in micro and macro perspectives: A case of developing economy in an international context","authors":"Izabela Jonek-Kowalska,&nbsp;Sara Rupacz","doi":"10.1016/j.joitmc.2025.100503","DOIUrl":"10.1016/j.joitmc.2025.100503","url":null,"abstract":"<div><div>The main purpose of the article is to analyze the inter-organizational cooperation of enterprises for innovation in the Polish economy compared to the rest of Europe. The micro perspective assesses in detail the scope and scale of cooperation of Polish enterprises with selected stakeholders of economic helixes. The macro perspective analyzes the relations for innovation in the Polish economy in comparison with the rest of Europe. As part of the micro analysis, the article uses economy-wide statistical data. The macro perspective is based on the results contained in the European Innovation Scoreboard (EIS). This is a perspective that focuses on the international context of inter-organizational cooperation, enabling comparison of a developing economy with both similar economies and more developed ones within a very narrow, rarely described scope. The research tools are dynamic analysis, comparative analysis, and cluster analysis. The analysis shows that the extent of inter-organizational cooperation for innovation is low compared to other European countries, even emerging and developing ones. Companies are most likely to develop complementary relationships on the business-to-business line. A part of those active in innovation and interested in cooperation also establish contacts with universities (less often with research institutes). Cooperation with government and local government units is at a low and constant level over time. Even lower is the extent of relations with the third sector in cooperation with non-profit organizations. Inter-organizational ties are primarily national in nature. International cooperation is primarily business-to-business and mainly involves EU and EFTA countries. The underdeveloped economic helixes translate into Poland’s low innovation score in the European Innovation Scoreboard (EIS), including Linkages in particular. These results are not justified by the lower level of economic development and the recent systemic transformation, as the group of countries in the so-called Eastern Bloc includes economies with a high level of innovation and above-average scope of cooperation for innovation, such as Estonia or Slovenia.</div></div>","PeriodicalId":16678,"journal":{"name":"Journal of Open Innovation: Technology, Market, and Complexity","volume":"11 1","pages":"Article 100503"},"PeriodicalIF":0.0,"publicationDate":"2025-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143550918","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Cryptocurrency in Vietnam: A deep dive into adoption factors and their interactions","authors":"Tran Le Nguyen ,&nbsp;Juraj Sipko ,&nbsp;Van Kien Pham","doi":"10.1016/j.joitmc.2025.100501","DOIUrl":"10.1016/j.joitmc.2025.100501","url":null,"abstract":"<div><div>While traditional behavioral finance theories such as the TRA, TPB, and TAM have provided substantial insights, their application to the rapidly evolving digital finance sector, particularly cryptocurrency markets, has been limited. Addressing this gap, our study integrates Digital Trust Theory (DTT) with these frameworks to examine the role of government support in Crypto Adoption (CA) within Vietnam's dynamic but unregulated market, a prominent emerging market in global crypto trading. Utilizing Structural Equation Modeling, we processed data collected from 255 participants using SmartPLS 4.0 to explore complex relationships among User Characteristics (UC), Technology Characteristics (TC), External Environment (EX), and their impacts on Crypto Trust (CT) and Crypto Adoption CA. This dataset, comprising responses from a diverse array of participants including tech-savvy youths, business professionals, and financial experts across various regions of Vietnam, provides a robust basis for understanding the nuanced influences on cryptocurrency behaviors. Our findings underscore the significant mediating roles of Crypto Trust and governmental regulation, highlighting the crucial influence of External Environment factors on trust dynamics. These insights not only contribute to academic discourse by refining traditional behavioral finance theories for the digital era but also offer practical guidance for fostering a sustainable cryptocurrency market, thereby supporting economic development and financial security in Vietnam.</div></div>","PeriodicalId":16678,"journal":{"name":"Journal of Open Innovation: Technology, Market, and Complexity","volume":"11 1","pages":"Article 100501"},"PeriodicalIF":0.0,"publicationDate":"2025-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143550919","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Assessing disruptive potential of retail central bank digital currency and influence of design considerations: An open innovation approach in Thailand","authors":"Thanwa Wathahong ,&nbsp;Roongkiat Ratanabanchuen ,&nbsp;Praima Israsena Na Ayudhya ,&nbsp;Kitt Tientanopajai","doi":"10.1016/j.joitmc.2025.100502","DOIUrl":"10.1016/j.joitmc.2025.100502","url":null,"abstract":"<div><div>Monetary authorities globally have studied central bank digital currency (CBDC) for wholesale and retail applications since the 1990s. Besides countering private cryptocurrencies' influence, central banks have also explored other benefits of CBDC, such as improving their financial oversight, enhancing digital payment systems, and reducing transaction fees and friction. For several years, the Bank of Thailand has also invested in research and development of CBDC, including retail use cases. However, an optimized design for an official launch of a retail CBDC in Thailand has yet to be determined, resembling fragmented progress observed among other central banks. This research has leveraged disruptive innovation theory to provide a fresh perspective on retail CBDC as potentially disruptive financial innovations. Additionally, it has proposed an open innovation-based methodology to determine industry preferences concerning twelve design considerations for retail CBDC and their impact on nine indicators of disruptive innovation. Data has been collected and analyzed from 98 respondents outside the Bank of Thailand, all possessing relevant expertise or experience in electronic payments. Crosstab and logistic regression analyses have indicated that retail CBDC in Thailand could embark on a disruptive innovation trajectory by adhering to defined design choices. Significantly, entering a new detached market has been identified as the most promising entry point, accompanied by explicit recommendations on nine out of twelve design considerations.</div></div>","PeriodicalId":16678,"journal":{"name":"Journal of Open Innovation: Technology, Market, and Complexity","volume":"11 1","pages":"Article 100502"},"PeriodicalIF":0.0,"publicationDate":"2025-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143550920","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Bridging the gap: Indonesia’s research trajectory and national development through a scientometric analysis using SciVal","authors":"Agus Harimurti Yudhoyono ,&nbsp;Badri Munir Sukoco ,&nbsp;Ida Ayu Kartika Maharani ,&nbsp;Irfan Kharisma Putra ,&nbsp;Fendy Suhariadi","doi":"10.1016/j.joitmc.2025.100505","DOIUrl":"10.1016/j.joitmc.2025.100505","url":null,"abstract":"<div><div>This study examines the characteristics of Indonesia’s scholarly output and its alignment with national development goals. This research focuses on three key questions: how Indonesia’s research output can be categorized into driver, basic, specialized, and declining clusters; the extent to which these research themes align with National Research Priorities and the areas that require greater emphasis; and the correlation between Indonesia’s research themes and its economic drivers, including export commodity sectors, to identify opportunities for enhancing national advancement. To address these questions, the study employs a scientometric approach, utilizing data from SciVal and keyword analysis while integrating economic data from the Indonesian Bureau of Statistics and the Observatory of Economic Complexity to provide a comprehensive and multidimensional analysis. The study employed statistical comparisons to assess the alignment of research outputs with national priorities and economic indicators. The study reveals significant trends in Indonesia’s scholarly output across driver, basic, specialized, and declining research clusters, emphasizing the need for strengthened research efforts in sectors such as energy, business, management, and accounting, alongside targeted investments in fields like chemistry, immunology, and microbiology to bolster global competitiveness. A comparison of Indonesia’s research themes with National Research Priorities underscores a critical misalignment that shows the need for a recalibration towards impactful and strategic research initiatives that are better aligned with national needs and global trends. Disparities between Indonesia’s research output and economic driver sectors, such as mineral fuels and agricultural products, highlight opportunities for enhanced research investment to support better leading economic contributors and elevate scholarly impact.</div></div>","PeriodicalId":16678,"journal":{"name":"Journal of Open Innovation: Technology, Market, and Complexity","volume":"11 1","pages":"Article 100505"},"PeriodicalIF":0.0,"publicationDate":"2025-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143562764","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}