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

{"title":"Positive and negative narratives in the service of digital currencies as disruptive innovation","authors":"Anita Peša ,&nbsp;Sonja Brlečić Valčić ,&nbsp;Zoran Bubaš","doi":"10.1016/j.joitmc.2026.100723","DOIUrl":"10.1016/j.joitmc.2026.100723","url":null,"abstract":"<div><div>This research investigates the competing narratives surrounding decentralized cryptocurrencies, like Bitcoin, and state-backed Central Bank Digital Currencies (CBDCs). The primary contribution of this work is a conceptual model of these narratives, categorizing them into targeted positive and negative frames aligned with opposing goals of financial regulation versus deregulation. To empirically ground this model, a sentiment analysis of selected documents from news media and social media platforms was conducted for a pilot study to test the conceptual model and the sentiment analysis methodology. The analysis reveals a significantly more positive sentiment associated with CBDCs compared to Bitcoin. This finding suggests that narratives emphasizing stability, security, and state backing currently have greater traction in the analyzed media discourse. The paper concludes by discussing the implications of this narrative contest for the future adoption and regulation of digital currencies, highlighting the power of storytelling in the success of financial innovations.</div></div>","PeriodicalId":16678,"journal":{"name":"Journal of Open Innovation: Technology, Market, and Complexity","volume":"12 1","pages":"Article 100723"},"PeriodicalIF":0.0,"publicationDate":"2026-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145977075","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":"Understanding the pathway from market-based capability to performance of Korean firms on the basis of Dynamic Capability and Resource-Advantage theory","authors":"Sungho Lee ,&nbsp;Sohyoun Shin","doi":"10.1016/j.joitmc.2025.100699","DOIUrl":"10.1016/j.joitmc.2025.100699","url":null,"abstract":"<div><div>This research identifies market-based capability dimensions based on Teece’s (2007) first two classes of dynamic capability—<em>sensing</em> capability and <em>seizing</em> capability—and investigates their impacts on firm performance. By incorporating Resource-Advantage theory as a complement to the primary framework of dynamic capability, the concept of market positional advantage (MPA) is introduced and empirically tested as an assessment signpost linking the capability dimensions and firm performance. Accordingly, this study addresses a research gap by exploring the full scope of market-based capabilities and clarifying the pathway through which they influence firm performance in a non-Western context, South Korea. Through LISREL structural equation modeling based on survey responses from 245 managers of Korean firms, the study finds that the seizing capability dimension of market-based capability—including product management capability (PMC), customer management capability (CMC), and supply chain management capability (SCMC)—positively influences firm performance via market positional advantage (MPA). As a sensing capability, market-insight capability (MIC) is proven to affect the three capability dimensions, indicating its critical leading role in building organizational capability collection. As the firms’ own idiosyncratic process of continuous feedback and resource recomposition repeats, we argue that the last class of Teece’s (2007) dynamic capability—transformational/reconfiguring capability—can be cultivated. This study advances theoretical perspectives on the marketing capability–performance relationship and offers practical guidance for managers seeking to enhance firm performance and develop strategic investment in capability building.</div></div>","PeriodicalId":16678,"journal":{"name":"Journal of Open Innovation: Technology, Market, and Complexity","volume":"12 1","pages":"Article 100699"},"PeriodicalIF":0.0,"publicationDate":"2026-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145977072","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":"Decision support framework for assessing smart supply chain barriers in the context of I4.0: Implications for sustainability","authors":"Tanvir Ahamed Diraz ,&nbsp;Md. Mohiuzzaman Mollah ,&nbsp;Kazi Md. Tanvir Anzum","doi":"10.1016/j.joitmc.2026.100728","DOIUrl":"10.1016/j.joitmc.2026.100728","url":null,"abstract":"<div><div>In recent years, it has been observed that sustainable Smart Supply Chain Management (SSCM) is a critical organizational practice in ensuring profitability through mitigation of environmental as well as social risk. Up to this point, there is scant research available on the existence of barriers to the adoption of sustainable SSCM practices. The paper in question will discuss the barriers to the implementation of sustainable SSCM in emerging economies like Bangladesh. A three-stage methodological technique was used in conducting the study. The initial phase involved the literature review and interviewing an expert panel of professionals, which led to the development of a list of 26 key barriers to SSCM adoption. These barriers were further categorized into six large clusters which included, economic, social, environmental, integrity, availability and adaptability barriers. The second phase was to evaluate barriers by their relative weight with the Best-Worst Method (BWM) and the strength of it was determined with the help of sensitivity studies. Interpretive Structural Modeling (ISM) was the third level offering a contextual relationship between barriers and making a hierarchical model. The results of the present research indicate that the most significant ones are Economic clusters and Integrity clusters. The additional breakdown showed that one of the major hindrances to effective SSCM implementation was the absence of advanced analytics, physical infrastructure, initial investment, and governmental support. According to the ISM analysis, there were five major barriers that were highly driving factors among other factors considered: Lack of advanced analytics; lack of integrated vision of system realization and value; lack of physical infrastructure; lack of governmental support and high initial investment. The implication of this hybrid solution is that the industry experts, decision-makers, and policymakers will be able to formulate effective action plans to break these major barriers to achieve successful implementation of sustainable smart supply chain practices in the I4.0 (I4.0) environment in addition to guaranteeing the sustainable future of the next generation.</div></div>","PeriodicalId":16678,"journal":{"name":"Journal of Open Innovation: Technology, Market, and Complexity","volume":"12 1","pages":"Article 100728"},"PeriodicalIF":0.0,"publicationDate":"2026-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"146034707","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":"Impact of climate risk on clean water investments: Does crude oil act as a hedge?","authors":"Mohammad Rakib Uddin Bhuiyan ,&nbsp;Anupam Dutta ,&nbsp;Ali Ahmed ,&nbsp;Gazi Salah Uddin","doi":"10.1016/j.joitmc.2025.100708","DOIUrl":"10.1016/j.joitmc.2025.100708","url":null,"abstract":"<div><div>Water investments play an increasingly important role in sustainable finance, yet their response to climate policy uncertainty (CPU) under different market conditions remains poorly understood. This study examines the regime-dependent influence of CPU on water equity performance using monthly data for the First Trust Water ETF (FIW) and the Invesco Global Water ETF (PIO) from 2007 to 2024. A Markov regime-switching VAR framework is employed to capture nonlinear dynamics that conventional linear models may overlook. The results reveal two distinct volatility regimes with contrasting CPU effects. In low-volatility periods, CPU is associated with higher returns, indicating that climate-policy developments can signal investment opportunities when markets are stable. During high-volatility periods, CPU exerts a negative influence, consistent with rising discount rates applied to long-term water-infrastructure cash flows. Regime persistence differs across ETFs: FIW exhibits frequent, short-lived transitions, whereas PIO displays more persistent states. A complementary DCC-GARCH analysis shows that crude oil provides a relatively cost-effective hedge for water portfolios, while technology ETFs offer substantially weaker hedging performance. Overall, the findings highlight the importance of regime-sensitive portfolio strategies for investors and emphasize that policymakers should consider prevailing market conditions when communicating climate initiatives. The study demonstrates that nonlinear models are essential for uncovering climate-finance linkages that linear approaches fail to detect.</div></div>","PeriodicalId":16678,"journal":{"name":"Journal of Open Innovation: Technology, Market, and Complexity","volume":"12 1","pages":"Article 100708"},"PeriodicalIF":0.0,"publicationDate":"2026-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145837391","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 sustainability paradox: Unveiling zombie firms' influence on sustainable development goals through the ADO-TCM framework","authors":"K. Priyanka ,&nbsp;V. Murale ,&nbsp;Suparna Ray ,&nbsp;Raghu Raman","doi":"10.1016/j.joitmc.2026.100719","DOIUrl":"10.1016/j.joitmc.2026.100719","url":null,"abstract":"<div><div>The post-2008 and COVID-19 eras have witnessed a global proliferation of ‘zombie’ firms as economically unviable entities sustained by policy distortions and financial misallocations. While scholarly attention has increased, research remains theoretically fragmented and disconnected from sustainability parameters. Our study systematically reviews the literature on zombie firms through the lens of the ‘sustainability paradox,’ underscoring the potential trade-off between short-term macroeconomic stability — often maintained through satisficing survival strategies — and long-term open innovation-driven adaptability, productivity growth, and resource efficiency. By integrating the Antecedents-Decisions-Outcomes (ADO) and Theories-Contexts-Methods (TCM) frameworks, we analyze how government, creditors, and managerial decisions perpetuate zombification, undermining the United Nations’ Sustainable Development Goals (SDGs) - SDG 8 (Decent Work and Economic Growth) and SDG 9 (Industry, Innovation, and Infrastructure). Our findings reveal that zombie firms emerge not only from market failure but also as systemic artefacts of institutional lock-ins, regulatory ambiguity, political entrenchment, and strategic inertia. While some policies provide temporary stability, they inadvertently hinder structural innovation and environmental transition. We identify critical research gaps across antecedents (e.g., bankruptcy resolution lags, ESG adoption), decision ecosystems (e.g., behavioural biases, legal incentives), and outcomes (e.g., innovation suppression, financial exclusion), and propose future research directions that involve dynamic modelling, machine learning, and causal inference. This study contributes to paradox theory by framing zombification as a sustainability tension, not a statistical anomaly. It offers an interdisciplinary agenda that links firm behaviour, regulatory systems, and sustainability trade-offs and provides actionable insights for policymakers and managers to recalibrate support schemes. We call for a paradigmatic shift to retheorize zombie persistence, as systemic inertia impedes SDG attainment.</div></div>","PeriodicalId":16678,"journal":{"name":"Journal of Open Innovation: Technology, Market, and Complexity","volume":"12 1","pages":"Article 100719"},"PeriodicalIF":0.0,"publicationDate":"2026-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145977073","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":"Adoption in human-like AI system: A moderated-mediation approach","authors":"Vu Minh Ngo ,&nbsp;Hang Thuy Thi Le ,&nbsp;Ngoc Thuy Vuong","doi":"10.1016/j.joitmc.2026.100722","DOIUrl":"10.1016/j.joitmc.2026.100722","url":null,"abstract":"<div><div>Human-like AI systems increasingly interact with users as partners, but it is still unclear how perceived human-likeness leads to adoption and when transparency helps or dilutes that effect. We propose a sequential moderated-mediation model in which social presence (perceived human-likeness) increases certainty, certainty increases trust, and trust increases intention to use the system. Transparency is expected to weaken the social presence-to-certainty link. We tested the model in an online 2 × 3 × 2 between-subjects experiment that varied agency locus (human-programmed vs. AI-agency), transparency (none vs. placebo vs. genuine explanation), and decision context (fake-news verification vs. friending suggestions). Data from 491 U.S. adults recruited via Qualtrics Panels were analyzed with structural equation modelling and robustness checks using a propensity-score matched sample (N = 373). Results support the serial mechanism: the indirect effect of social presence on use intention through certainty and trust was significant (β = 0.124, p &lt; .001). Transparency significantly dampened this pathway (moderated-mediation index = −0.093, p = .018), with the conditional indirect effect declining from 0.351 at low transparency to 0.166 at high transparency. These findings show that human-like cues mainly work by reducing uncertainty, but their value depends on how transparent the system is, offering guidance for designing AI partners.</div></div>","PeriodicalId":16678,"journal":{"name":"Journal of Open Innovation: Technology, Market, and Complexity","volume":"12 1","pages":"Article 100722"},"PeriodicalIF":0.0,"publicationDate":"2026-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"146034781","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":"A glimpse on the futures of telecommunication networks: From market, technology and regulation trends to strategic foresight","authors":"Giovanni Emanuele Corazza ,&nbsp;Ilaria Rinaldi ,&nbsp;Irene Coletto ,&nbsp;Mario Mirabile ,&nbsp;Sara Mazzarella ,&nbsp;Francesca Parasecolo ,&nbsp;Andrea Baiocchi ,&nbsp;Stefania Colonnese ,&nbsp;Paola Panarese ,&nbsp;Mert Yildiz ,&nbsp;Cristina Costa ,&nbsp;Giovanna De Minico ,&nbsp;Fulvia Abbondante ,&nbsp;Maria Francesca De Tullio ,&nbsp;Maria Chiara Girardi ,&nbsp;Stefania Parisi ,&nbsp;Stefania Serafini ,&nbsp;Ilenia Tinnirello","doi":"10.1016/j.joitmc.2026.100735","DOIUrl":"10.1016/j.joitmc.2026.100735","url":null,"abstract":"<div><div>This paper explores the current state, trends, and possible futures of the telecommunication ecosystem in Italy, outlining strategies for development. We adopt a combined methodology, integrating participatory scenario building through the Nominal Group Technique with a structured literature review. The analysis starts from the current situation (Scenario 1) and major transformation trends (Scenario 2) to project two contrasting futures (Scenario 3), providing a rationale for strategic choices.</div><div>Various dimensions are considered: market and economic models, technological advancements, and regulatory frameworks, with both European and Italian perspectives. In the market domain, we assess opportunities linked to enabling technologies and digital services built on connectivity. On the technological side, we evaluate the role of network programmability, low-orbit satellites, aerial networks, edge computing, novel materials, and services, while also addressing sustainability and AI integration. The regulatory analysis highlights how evolving policies can impact network evolution and identifies reforms to foster innovation, inclusivity, and industry participation.</div><div>From this integrated view, we infer two boundary scenarios for 2040: a utopic one, marked by innovation and inclusivity, and a dystopic one, characterized by digital inequality and stagnation. Finally, we outline strategies and policies to steer the telecommunications ecosystem towards the preferable scenario.</div></div>","PeriodicalId":16678,"journal":{"name":"Journal of Open Innovation: Technology, Market, and Complexity","volume":"12 1","pages":"Article 100735"},"PeriodicalIF":0.0,"publicationDate":"2026-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"147394482","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":"Key factors shaping collaborative cyber resilience in SMEs through open innovation","authors":"Alona Bahmanova,&nbsp;Natalja Lace","doi":"10.1016/j.joitmc.2026.100715","DOIUrl":"10.1016/j.joitmc.2026.100715","url":null,"abstract":"<div><div>This study examines how collaborative open innovation mechanisms can enhance cyber resilience in small and medium-sized enterprises (SMEs) operating under increasing digital risk and resource constraints. Employing a mixed-method research design, the study integrates a systematic literature review (SLR) with semi-structured expert interviews conducted across 14 European SMEs. The SLR identifies six interrelated dimensions shaping SME cyber resilience: technological, human, organizational, financial, regulatory, and collaborative, which form the analytical foundation of the study. Empirical insights from interviews validate these dimensions, reveal persistent maturity gaps, and highlight the critical role of collaboration in compensating for limited internal capabilities. The findings demonstrate that cyber resilience in SMEs is not solely a firm-level capability but emerges through shared learning, collective governance, and open innovation within business ecosystems. Based on the integrated evidence, the study develops the concept of Collaborative Cyber Resilience (CCR), extending existing cybersecurity and resilience frameworks by emphasizing operational collaboration as a strategic resilience mechanism. The study contributes to open innovation and cyber resilience literature by offering a structured, empirically grounded framework and provides practical implications for SME managers and policymakers seeking to strengthen resilience through collaborative approaches.</div></div>","PeriodicalId":16678,"journal":{"name":"Journal of Open Innovation: Technology, Market, and Complexity","volume":"12 1","pages":"Article 100715"},"PeriodicalIF":0.0,"publicationDate":"2026-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145976940","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":"Productivity optimization through the implementation of schedule and cost management based on the PMBOK Guide - case study shipyard - chimbote 2024","authors":"Christian Pulido-Ramirez,&nbsp;Orlando Iparraguirre-Villanueva","doi":"10.1016/j.joitmc.2026.100724","DOIUrl":"10.1016/j.joitmc.2026.100724","url":null,"abstract":"<div><div>In an industry as competitive as ship repair, it is essential to outperform other shipyards. For a shipyard to be competitive and profitable, its management must continuously monitor and improve productivity, meet deadlines, and reduce costs. However, traditional project planning methods can cause productivity problems. The study evaluated the impact of the adaptive implementation of Time Management and Cost Management processes on productivity at a shipyard located in the city of Chimbote, Peru, focusing on meeting deadlines, budget accuracy, and reducing rework. An applied methodology, quantitative approach, deductive method, and pre-experimental design were used. The sample in this research consisted of 52 production area employees directly involved in fishing vessel activities before and after implementation under the Process Group: A Practical Guide from the Project Management Institute (PMI). The results showed an increase in effectiveness from 55.0 % to 93.02 %, with a significant increase of 38.02 % in the ratio between planned time and actual time TP/TR, and in efficiency from 67.38 % to 95.79 %, with a 28.41 % improvement in the ratio between estimated cost and actual cost CE/CR. Therefore, these pre- and post-test findings show a 52.05 % improvement in optimal productivity. In conclusion, the implementation of the applied guide based on schedule and cost management significantly improved the shipyard's productivity by reducing delays and minimizing cost overruns, demonstrating its applicability in a poorly documented Latin American context.</div></div>","PeriodicalId":16678,"journal":{"name":"Journal of Open Innovation: Technology, Market, and Complexity","volume":"12 1","pages":"Article 100724"},"PeriodicalIF":0.0,"publicationDate":"2026-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"146034783","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":"Responsible AI for perceived improvement in efficiency: The mediating roles of mindfulness and emotion regulation","authors":"Amit Kumar ,&nbsp;P.S. Varsha ,&nbsp;Mahesh Joshi ,&nbsp;Georges Samara ,&nbsp;Arun Narayanasamy ,&nbsp;Saneesh Edacherian","doi":"10.1016/j.joitmc.2026.100732","DOIUrl":"10.1016/j.joitmc.2026.100732","url":null,"abstract":"<div><h3>Purpose</h3><div>There is little information about how healthcare professionals' psychological aspects, such as mindfulness and emotion regulation, affect the adoption and effectiveness of artificial intelligence (AI) systems in healthcare. To address this gap, this study investigates whether responsible AI (RAI) can be associated to perceived improvements in efficiency (PIE) in the UAE healthcare system and whether this influence is mediated by mindfulness and adaptive emotion regulation (ER).</div></div><div><h3>Design/methodology/approach</h3><div>Drawing from anthropomorphism and commitment–consistency theory, a conceptual model of how RAI and psychological factors impact PIE was built and validated. Partial least squares-structural equation modeling was adopted for multiple linear regression analysis of survey data collected from 300 healthcare professionals in the UAE.</div></div><div><h3>Findings</h3><div>Direct, positive relationships are observed between RAI, mindfulness, and PIE. Additionally, adaptive emotion regulation mediates the relationships of RAI with PIE and mindfulness. Furthermore, compared to ER, mindfulness is a far more powerful mediator.</div></div><div><h3>Practical implications</h3><div>The findings suggest that managers should develop strategies that create a conducive environment for both technological and human resource development. Additionally, management should promote ongoing professional development that integrates AI tools with soft skills training to enhance healthcare professionals' emotional resilience and adaptability.</div></div><div><h3>Originality/value</h3><div>This article is one of the early studies offering empirical insights on the intersection of RAI, psychological aspects of healthcare professionals, and perceived improvement in efficiency. The research contributes to the emerging intersection of technological advancement with psychological wellness. Moreover, the dual-theory approach is novel and relevant in AI technology and organizational outcome research.</div></div>","PeriodicalId":16678,"journal":{"name":"Journal of Open Innovation: Technology, Market, and Complexity","volume":"12 1","pages":"Article 100732"},"PeriodicalIF":0.0,"publicationDate":"2026-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"146077362","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}