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

{"title":"Machine learning-driven insights for business innovation: Analyzing financial performance in Vietnam’s emerging economy 2010–2024","authors":"Pham Hieu ,&nbsp;Tran Le Thuy Hang ,&nbsp;Doan Huynh Thu Hoai ,&nbsp;Vuong Quoc Duy","doi":"10.1016/j.joitmc.2025.100605","DOIUrl":"10.1016/j.joitmc.2025.100605","url":null,"abstract":"<div><div>This paper examines the impact of Vietnam's emerging market conditions on financial performance forecasting for listed firms, where stock market capitalization reached 56 % of Gross Domestic Product (GDP) in 2023. Using a sample of 551 firms across eight industries over the period 2010–2024, we compare machine learning (ML) techniques, specifically Random Forest, with traditional econometric models to predict Return on Assets, drawing on standardized financial data platforms. Unlike prior studies on stock prices or financial distress, our findings indicate that ML enhances predictive accuracy, with the effect channeled through knowledge integration via data platforms. Furthermore, anchored in Resource-Based View (RBV), Transaction Cost Theory (TCT), and Industrial Organization Theory (IOT), we document that firm-specific factors, including operational efficiency and financial stability, exert a stronger influence than macroeconomic conditions. Capital-intensive sectors, such as Industrials, exhibit superior forecasting accuracy compared to consumer sectors, attributable to consistent data availability. This study introduces a novel framework for emerging markets, with Vietnam as a representative case to illustrate applications in similar economies, enabling managers to refine financial strategies, investors to optimize portfolios, and policymakers to enhance digital infrastructure for sustainable economic growth.</div></div>","PeriodicalId":16678,"journal":{"name":"Journal of Open Innovation: Technology, Market, and Complexity","volume":"11 3","pages":"Article 100605"},"PeriodicalIF":0.0,"publicationDate":"2025-07-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144738772","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":"Foreign influence on carbon disclosure: Evidence from Indonesian non-financial firms","authors":"Indah Fajarini Sri Wahyuningrum,&nbsp;Fitrarena Widhi Rizkyana,&nbsp;Muhammad Ihlashul Amal,&nbsp;Laela Dwi Elviana","doi":"10.1016/j.joitmc.2025.100603","DOIUrl":"10.1016/j.joitmc.2025.100603","url":null,"abstract":"<div><div>This study investigates the extent of carbon emission disclosure practices among Indonesian firms and examines the key factors influencing Carbon Emission Disclosure. The research analyzes all non-financial companies listed on the Indonesia Stock Exchange (IDX) from 2016 to 2022, focusing on variables such as the presence of foreign board members, foreign investors, foreign listing status, and the educational background of board members to assess their association with carbon emission disclosure. Using purposive sampling, the study selects 695 observations for empirical analysis. Statistical methods, including multiple linear regression and descriptive statistics, are employed using STATA to evaluate the relationships. The findings reveal that carbon emission disclosure among Indonesian non-financial firms remains limited, with an average disclosure rate of only 23 %. Notably, the presence of foreign board members has a positive and statistically significant effect on carbon emission disclosure. In contrast, foreign investors and foreign listing status do not exhibit a significant influence. Surprisingly, the educational background of board members has a significant negative effect on disclosure levels, suggesting that higher education does not necessarily translate into greater environmental transparency. A novel contribution of this study is a comprehensive examination of foreign involvement in relation to carbon emission disclosures, an underexplored area in existing literature. The findings contribute to academic discourse on corporate environmental reporting and provide practical recommendations, particularly for policymakers, to strengthen regulatory frameworks mandating carbon emission disclosures in Indonesia.</div></div>","PeriodicalId":16678,"journal":{"name":"Journal of Open Innovation: Technology, Market, and Complexity","volume":"11 3","pages":"Article 100603"},"PeriodicalIF":0.0,"publicationDate":"2025-07-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144771601","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":"Between care and career: Discursive positioning of motherhood in using Q-methodology","authors":"Munshi Muhammad Abdul Kader Jilani","doi":"10.1016/j.joitmc.2025.100600","DOIUrl":"10.1016/j.joitmc.2025.100600","url":null,"abstract":"<div><div>This study examines the discursive positioning of motherhood in navigating caregiving responsibilities and professional aspirations, employing Q-methodology to explore how contemporary maternal identities are negotiated within varying social expectations. Through the analysis of Q-sorts from 46 participants, four distinct factors emerged, reflecting divergent maternal perspectives: traditional care-oriented motherhood, privileging full-time caregiving aligned with conventional gender norms; progressive and emotionally dual-role motherhood, endorsing equitable parenting and institutional reform; emotionally attuned negotiating identity and expectation, revealing internal conflict between societal expectations and personal autonomy; and supportive structure for maternal empowerment, which highlights the need for emotional, social, and policy-based supports to enable maternal thriving. These factors illuminate the complex landscape mothers navigate in reconciling cultural ideals with lived realities, highlighting tensions between self-sacrifice and self-actualization. Notably, many participants advocated for systemic change rather than individual compromise, reflecting evolving attitudes toward work-life balance and maternal legitimacy. The findings highlight value of Q-methodology in surfacing nuanced perspectives on motherhood and contribute to broader feminist discourses on identity, care, and institutional accountability. This study calls for inclusive policy frameworks that acknowledge the plural and negotiated nature of motherhood and support diverse maternal trajectories. The study concludes that recognizing the multiplicity of maternal identities is essential for developing equitable social and policy frameworks that reflect the lived realities of modern motherhood.</div></div>","PeriodicalId":16678,"journal":{"name":"Journal of Open Innovation: Technology, Market, and Complexity","volume":"11 3","pages":"Article 100600"},"PeriodicalIF":0.0,"publicationDate":"2025-07-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144714310","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":"Experimenting with innovative content for web-based technology in the complex islamic sharia market: The influence of quality and credibility on sharia hotel business","authors":"Satria Fadil Persada ,&nbsp;Jodi Prabowo Basoeki ,&nbsp;Reny Nadlifatin ,&nbsp;Michael Nayat Young ,&nbsp;Rachel C. Villanueva","doi":"10.1016/j.joitmc.2025.100599","DOIUrl":"10.1016/j.joitmc.2025.100599","url":null,"abstract":"<div><div>The investigation into sharia hotel websites is highly relevant for Muslim tourists, particularly because the strict regulations governing their choices necessitate detailed information to aid in their decision-making when renting hotels online. The aim of this study is to examine the impact of information quality, source credibility, and review credibility on consumers' intentions to use online platforms for renting sharia hotels. The study uses multivariate data analysis by Structural Equation Modeling (SEM) and experimental analysis by T-tests. The total of seven hypotheses were tested. The first finding reveals significant positive influences of both source credibility and review credibility on the intention to rent. The total of two hypotheses from SEM are validated and one is rejected. The second finding indicates a notable difference between low and high treatment conditions in the experiments. Thus, the four hypotheses related to T-tests are validated. The total of 11 managerial implications are suggested to improve and give the impact in the sharia hotel industry practice.</div></div>","PeriodicalId":16678,"journal":{"name":"Journal of Open Innovation: Technology, Market, and Complexity","volume":"11 3","pages":"Article 100599"},"PeriodicalIF":0.0,"publicationDate":"2025-07-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144694485","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":"Equity returns volatility in an emerging economy amidst domestic and foreign turmoil spillovers: Do industry and government ownership matter?","authors":"Thanh Huu Phu Nguyen,&nbsp;Ho Hoang Gia Bao,&nbsp;Tram B.T. Tran,&nbsp;Hoang Phong Le","doi":"10.1016/j.joitmc.2025.100598","DOIUrl":"10.1016/j.joitmc.2025.100598","url":null,"abstract":"<div><div>Turmoil in one economy can readily spread to others with which it is closely integrated. Emerging economies, often marked by structural fragility, are particularly vulnerable to spillovers from advanced economies on which they rely for growth and development. This study examines how economic and political uncertainties from Vietnam and its key trading partners (i.e., the US, South Korea, Japan and China) influence firm-level equity return volatility in the country. The findings suggest that uncertainty within the country exerts a stabilizing effect on equity return volatility, whereas uncertainty stemming from the US, China, and Japan exacerbates volatility in Vietnam’s equity markets. Notably, spillovers from South Korea appear to have a stabilizing influence. Moreover, significant heterogeneity across firms is unveiled. Specifically, firms across industries, as well as state-owned enterprises, exhibit heterogeneous responses to both domestic and external uncertainty shocks. The findings suggest several valuable insights for policymakers, investors and corporate managers.</div></div>","PeriodicalId":16678,"journal":{"name":"Journal of Open Innovation: Technology, Market, and Complexity","volume":"11 3","pages":"Article 100598"},"PeriodicalIF":0.0,"publicationDate":"2025-07-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144702949","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":"Integrating individual and organizational perspectives: A TAM-TOE framework for ISO 27037 adoption in Malaysian government digital forensics agencies","authors":"Sairul Izwan Safie ,&nbsp;Muzafar Zulkifli ,&nbsp;Hairul Rizad Sapry ,&nbsp;Syah Reezal Md Bashah","doi":"10.1016/j.joitmc.2025.100595","DOIUrl":"10.1016/j.joitmc.2025.100595","url":null,"abstract":"<div><div>The adoption of ISO 27037, the international standard for digital evidence handling, remains poorly understood in emerging economy government contexts despite its critical importance for cybersecurity and judicial integrity. Existing literature predominantly examines private-sector implementations in developed economies, neglecting the unique institutional and resource constraints faced by public agencies in developing nations. This study addresses this gap by investigating ISO 27037 adoption among Malaysian government digital forensics professionals through an innovative integration of the Technology Acceptance Model (TAM) and Technology-Organization-Environment (TOE) framework. The research develops a comprehensive theoretical model combining individual cognitive factors (training, perceived ease of use, perceived usefulness, and behavioral intention) with organizational, technological and environmental determinants. A key innovation is conceptualizing organizational readiness as a second-order construct comprising six dimensions: digital forensic readiness, resource availability, governance structures, compliance culture, leadership support, and institutional trust. Using quantitative survey methodology and Partial Least Squares Structural Equation Modeling (PLS-SEM), the study examines how individual cognitive factors influence adoption, the relative importance of organizational versus technological and environmental factors, and the pathway from individual acceptance through organizational readiness to actual implementation behaviors. Results demonstrate the complementary roles of TAM and TOE frameworks, with organizational readiness serving as a critical mediating mechanism between individual acceptance and implementation outcomes. The findings provide both theoretical advancement and practical insights for policymakers and practitioners, offering evidence-based guidance for developing targeted implementation strategies that address both individual acceptance factors and organizational capacity constraints. The research contributes to strengthening digital forensics capabilities in Malaysia's evolving cybersecurity landscape while providing a framework applicable to similar emerging economy contexts.</div></div>","PeriodicalId":16678,"journal":{"name":"Journal of Open Innovation: Technology, Market, and Complexity","volume":"11 3","pages":"Article 100595"},"PeriodicalIF":0.0,"publicationDate":"2025-07-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144694487","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":"Stakeholder collaboration and open innovation in smart cities: A Quattro Helix model for technological and social transformation","authors":"Magdalena Tutak,&nbsp;Jarosław Brodny","doi":"10.1016/j.joitmc.2025.100594","DOIUrl":"10.1016/j.joitmc.2025.100594","url":null,"abstract":"<div><div>The dynamic development of Smart Cities, rooted in the idea of sustainable development, requires the implementation of innovative and integrated technological and social solutions. One approach that enables more effective achievement of these goals is the concept of Open Innovation, based on collaboration among various stakeholder groups. This article addresses the issue of integrating this concept with the Smart City idea and presents an original cooperation model within the Quattro Helix framework, encompassing public administration, academia, the business sector, and civil society. Based on literature analysis and case studies (Amsterdam, Helsinki, Songdo), a conceptual model of stakeholder collaboration has been developed for the co-creation and implementation of solutions that respond to the needs of cities and their residents. The paper also presents a set of original key performance indicators (KPIs) that allow for assessing the effectiveness of Open Innovation implementation in urban practice. To increase the practical usefulness of the model, the article provides a set of implementation guidelines outlining the stages of execution—from diagnosing local needs, through piloting and testing solutions, to scaling and integrating them into urban policies. The proposed approach allows for flexible adaptation of actions to the local context and the real capabilities of cities. The study is supplemented with a SWOT analysis conducted from two key perspectives: technological and social. This analysis made it possible to identify strengths and weaknesses, as well as potential opportunities and threats related to the implementation of Open Innovation in urban environments. The article also considers challenges associated with stakeholder diversity, the need for coordinated actions, regulatory barriers, and social and digital inequalities. The developed cooperation model within the framework of Open Innovation is universal and can be implemented either partially or fully, as part of Smart City development strategies tailored to the needs of modern societies.</div></div>","PeriodicalId":16678,"journal":{"name":"Journal of Open Innovation: Technology, Market, and Complexity","volume":"11 3","pages":"Article 100594"},"PeriodicalIF":0.0,"publicationDate":"2025-07-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144687314","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":"Co-creating low-carbon futures: An open innovation roadmap for regional CO2","authors":"V. Terjanika,&nbsp;K. Laktuka,&nbsp;L. Vistarte,&nbsp;J. Pubule,&nbsp;D. Blumberga","doi":"10.1016/j.joitmc.2025.100596","DOIUrl":"10.1016/j.joitmc.2025.100596","url":null,"abstract":"<div><div>The research develops an open innovation roadmap which enables Latvian regions to use carbon dioxide. The research combines stakeholder collaboration with spatial analysis and performance evaluation, environmental impact assessment, and economic feasibility studies. The roadmap evaluates several pathways to convert carbon dioxide into useful products. The research combines co-creative methods with multiple approaches, which the authors describe as a “tangle of threads” to integrate academic, industrial, governmental and civil society perspectives. The process allows for ongoing feedback while developing scenarios and strategic alignment to national and European sustainability goals. The assessment of five pathways revealed algal biomass, methanol, and ethanol production as the most sustainable options for carbon conversion, location flexibility, and economic viability. The roadmap functions as a regional planning instrument and a theoretical addition to open innovation principles. The research shows how collaborative governance combined with knowledge exchange enables the transformation of emissions into entrepreneurship through innovation clusters and carbon valorisation hubs. The model provides a transferable circular economy framework which can be scaled up for other regional contexts while establishing foundations for future living labs and policy experimentation platforms.</div></div>","PeriodicalId":16678,"journal":{"name":"Journal of Open Innovation: Technology, Market, and Complexity","volume":"11 3","pages":"Article 100596"},"PeriodicalIF":0.0,"publicationDate":"2025-07-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144679345","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":"Surviving a rough patch through agility and technology innovation: Navigating young technopreneurial competitiveness with success in Industrial Revolution 4.0","authors":"Hasliza Abdul Halim ,&nbsp;Tarnima Warda Andalib ,&nbsp;Noor Hazlina Ahmad ,&nbsp;Dauwood Ibrahim Hassan","doi":"10.1016/j.joitmc.2025.100586","DOIUrl":"10.1016/j.joitmc.2025.100586","url":null,"abstract":"<div><div>Creativity and innovation are now being encouraged in businesses because of technopreneurship, especially as the Fourth Industrial Revolution (IR 4.0) picks up. In addition, the evolution brought by technology has influenced our everyday lives, jobs and communication, making it easier for enterprises to deal with changes. The rapid changes brought about by these inventions have driven young technology entrepreneurs to make quick changes to their business models. This study analyzes how various elements help determine the agility and competitiveness of our young entrepreneurs starting businesses in Malaysia during Industry 4.0. However, these organizational enablers belong to <strong>03</strong> (three) main groups: <em>individual traits</em> (innovativeness, initiative and risk-taking), <em>organizational tools</em> (e.g., innovation, technologies and human resources) and <em>institutional assistance</em> (such as finances and support services). Initially, <strong>18</strong> (eighteen) technopreneurs were invited for semi-structured interviews to provide their experiences and detailed ideas. This research team then administered a survey to <strong>204</strong> (two hundred andfour) technopreneurs and they analyzed the data using the SmartPLS technique. Evidence from the interviews shows that having these enablers enables technopreneurs to remain nimble and compete well, a fact demonstrated by the significant connections found between all the enablers and also agility which is closely linked to competitiveness. All in all, this research provides important info and solid proof that being agile is key for young business owners to succeed under tough conditions.</div></div>","PeriodicalId":16678,"journal":{"name":"Journal of Open Innovation: Technology, Market, and Complexity","volume":"11 3","pages":"Article 100586"},"PeriodicalIF":0.0,"publicationDate":"2025-07-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144714309","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":"Innovation or reinvention? A systematic and bibliometric review of public sector digital infrastructure","authors":"Josephine Lusi ,&nbsp;Birgy Lorenz ,&nbsp;Ingrid Pappel","doi":"10.1016/j.joitmc.2025.100593","DOIUrl":"10.1016/j.joitmc.2025.100593","url":null,"abstract":"<div><div>Digital Public Infrastructure (DPI) has emerged as a foundational enabler of modern digital governance, yet scholarly understanding of its scope, design, and impact remains fragmented. This study addresses this gap by conducting a comprehensive systematic review and bibliometric analysis of 1153 scholarly and grey literature sources published between 1998 and April 2025. Our dual-method approach traces the conceptual evolution of DPI, maps key thematic trajectories, and critically examines whether DPI constitutes a genuine innovation or a reconfiguration of prior digital government paradigms. The analysis reveals a predominant focus on exploratory and practice-oriented studies, with limited empirical and longitudinal research. Notably, current framings position DPI in techno-solutionist terms, while overlooking crucial socio-technical elements, including legal and institutional infrastructures, digital readiness, and regional interoperability. In response to these gaps, we propose a more nuanced and multidimensional definition of DPI that integrates overlooked non-technical components. We further posit that DPI should not be reduced to technical artefacts but recognised as a dynamic socio-technical construct with profound implications for inclusivity, public value, and sustainable digital transformation. Our findings contribute to clarifying the conceptual boundaries of DPI and advancing a more grounded understanding that can inform both academic research and institutional practice. We conclude with a forward-looking research agenda, calling for interdisciplinary research, participatory policy design, and context-sensitive evaluation frameworks for DPI implementation.</div></div>","PeriodicalId":16678,"journal":{"name":"Journal of Open Innovation: Technology, Market, and Complexity","volume":"11 3","pages":"Article 100593"},"PeriodicalIF":0.0,"publicationDate":"2025-07-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144721058","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}