R&D ManagementPub Date : 2024-09-17DOI: 10.1111/radm.12719
Behzad Foroughi, Mohammad Iranmanesh, Nick Hajli, Lee Shih Ling, Morteza Ghobakhloo, Davoud Nikbin
{"title":"Roles of big data analytics and organizational culture in developing innovation capabilities: a hybrid PLS‐fsQCA approach","authors":"Behzad Foroughi, Mohammad Iranmanesh, Nick Hajli, Lee Shih Ling, Morteza Ghobakhloo, Davoud Nikbin","doi":"10.1111/radm.12719","DOIUrl":"https://doi.org/10.1111/radm.12719","url":null,"abstract":"Big data analytics creates and consolidates competitive advantage by providing insights on data with enormous variety, velocity, and volume to firms. However, many companies' investments in big data analytics were unsuccessful, and they could not gain full advantage of these technologies. This study investigates the impacts of big data analytics capabilities on innovation quality and speed by considering organizational learning culture as a moderator. The study's data are obtained from a survey of 221 managers in the manufacturing industry. We integrate the Partial Least Squares (PLS) technique and fuzzy‐set Qualitative Comparative Analysis (fsQCA) to perform the analysis. The findings of PLS indicated that big data analytics capabilities positively influence both innovation quality and speed. However, innovation quality influences both market performance and financial performance, and innovation speed only affects market performance. Organizational learning culture negatively moderates the impacts of big data analytics on innovation speed and quality. fsQCA uncovered four solutions with varied combinations of factors that predict the high market and financial performance. The theoretical and practical implications are explained at the end of the paper.","PeriodicalId":21040,"journal":{"name":"R&D Management","volume":"44 1","pages":""},"PeriodicalIF":6.3,"publicationDate":"2024-09-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142260937","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
R&D ManagementPub Date : 2024-09-01DOI: 10.1111/radm.12710
Janine Black Arkles, Qian Mao, Jurica Susnjara
{"title":"Research, patents, and IPO valuation under the Sarbanes‐Oxley Act of 2002","authors":"Janine Black Arkles, Qian Mao, Jurica Susnjara","doi":"10.1111/radm.12710","DOIUrl":"https://doi.org/10.1111/radm.12710","url":null,"abstract":"Research and development (R&D) investments and patents influence initial public offering (IPO) valuations. After Sarbanes‐Oxley (SOX) legislation was enacted in 2002, there was a shift from a display of ‘Effort’ to ‘Results’. SOX legislation made fundamental changes to corporate accounting practices and the process of going public. We investigated how the IPO market responded to SOX legislation. Compliance with SOX was disproportionately costly for small, research‐intensive firms. Using Signaling Theory, we focused on whether the existence of patents became a valuable signal for the effectiveness of research and development expenditures (R&D). Our findings indicated decreased importance of R&D expenditures (signaling ‘effort’ to innovate). We also found increased importance of patents (intermediate ‘results’ of R&D efforts) post‐ relative to pre‐SOX. We concluded that patent activity at least partially replaced and moderated R&D in its role as a value driver of IPOs in the post‐SOX environment.","PeriodicalId":21040,"journal":{"name":"R&D Management","volume":"12 1","pages":""},"PeriodicalIF":6.3,"publicationDate":"2024-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142204663","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
R&D ManagementPub Date : 2024-08-29DOI: 10.1111/radm.12718
Ralf Kopp
{"title":"A Research Agenda for Workplace Innovation: The Challenge of Disruptive Transitions. Edited by Peter R. A.Oeij, StevenDhondt, Adela J.McMurray, Edgar Elgar Publishing: Cheltenham, 2023, 978‐1‐80088‐193‐8, hardback, £115.49, pp. 304.","authors":"Ralf Kopp","doi":"10.1111/radm.12718","DOIUrl":"https://doi.org/10.1111/radm.12718","url":null,"abstract":"","PeriodicalId":21040,"journal":{"name":"R&D Management","volume":"62 1","pages":""},"PeriodicalIF":6.3,"publicationDate":"2024-08-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142204664","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The relationship between digital technologies and the circular economy: a systematic literature review and a research agenda","authors":"Alessandra Neri, Enrico Cagno, Ebru Susur, Alberto Urueña, Cali Nuur, Vikas Kumar, Samuele Franchi, Ciro Sorrentino","doi":"10.1111/radm.12715","DOIUrl":"https://doi.org/10.1111/radm.12715","url":null,"abstract":"Digital technologies are widely recognised as crucial for promoting the circular economy in industry. However, there still needs for clearer guidance for industrial practitioners on properly using digital technologies to support the implementation of the circular economy. Further efforts are needed to characterise such a relationship better. This work conducts a systematic literature review aimed at understanding the nature and scope of the relationship by examining current knowledge at the intersection of the two domains, i.e. digital technologies and the circular economy. Specifically, the analysis focuses on identifying moderators and mediators of this relationship. About the former, the study discusses the relevance of management commitment, competencies, stakeholders and contextual factors; concerning the latter, the study discusses the relevance of supply chain integration and collaboration and examines in more detail the role of digital‐enabled dynamic capabilities, given their promising relevance in the current debate. Based on the review, a research agenda is proposed with suggestions for future research directions on the relationship between digital technologies and the circular economy.","PeriodicalId":21040,"journal":{"name":"R&D Management","volume":"15 1","pages":""},"PeriodicalIF":6.3,"publicationDate":"2024-08-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142204668","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
R&D ManagementPub Date : 2024-08-22DOI: 10.1111/radm.12717
Rui Patricio
{"title":"Evolutionary Ideas: Unlocking Ancient Innovation to Solve Tomorrow's Challenges. By SamTatam, Harriman House Publishing: Hampshire, 2022, ISBN 978‐0‐85719‐787‐0, paperback, £9.99, pp. 240.","authors":"Rui Patricio","doi":"10.1111/radm.12717","DOIUrl":"https://doi.org/10.1111/radm.12717","url":null,"abstract":"","PeriodicalId":21040,"journal":{"name":"R&D Management","volume":"74 1","pages":""},"PeriodicalIF":6.3,"publicationDate":"2024-08-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142226126","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
R&D ManagementPub Date : 2024-08-16DOI: 10.1111/radm.12716
Julian Schenkenhofer, Joern Block, Silvio Vismara
{"title":"University knowledge spillovers and innovation of hidden champions: evidence from Italy","authors":"Julian Schenkenhofer, Joern Block, Silvio Vismara","doi":"10.1111/radm.12716","DOIUrl":"https://doi.org/10.1111/radm.12716","url":null,"abstract":"Hidden champions (HCs) are niche market leaders and innovation is key for them to stay competitive and retain market and technology leadership. While prior research has stressed the importance of customers and internal R&D as sources of innovation for HC, we know little about the role of universities in this regard. Using a knowledge spillover lens, we investigate how the regional proximity of HCs to universities influences their innovation output. Drawing on a sample of 124 Italian HCs, we show that HCs located in proximity to universities have higher innovation output as compared to other HCs. The size of the spillover effect depends on university characteristics and thus both on the size and type of the knowledge base. Our study contributes to a better understanding of the innovation process of HCs and how they interact with universities in a regional innovation ecosystem.","PeriodicalId":21040,"journal":{"name":"R&D Management","volume":"29 1","pages":""},"PeriodicalIF":6.3,"publicationDate":"2024-08-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142204670","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
R&D ManagementPub Date : 2024-07-22DOI: 10.1111/radm.12712
Sin‐Pei Ng, Pervaiz K. Ahmed
{"title":"The role of dynamic capabilities in the development of organisational ambidexterity and its effect on timely responsiveness in emerging market high‐tech firms","authors":"Sin‐Pei Ng, Pervaiz K. Ahmed","doi":"10.1111/radm.12712","DOIUrl":"https://doi.org/10.1111/radm.12712","url":null,"abstract":"Although organisational ambidexterity (hereafter referred to as ambidexterity) allows emerging market high‐tech firms (EMHTFs) to align themselves with existing markets and to explore and seize new market opportunities to retain their competitiveness in rapidly changing business environments, little is known about how ambidexterity is developed and the role that dynamic capabilities play in the development of ambidexterity. We examine how dynamic capabilities, specifically, sensing and reconfiguring capabilities, influence the development of ambidexterity and the effect of ambidexterity on timely responsiveness. We also investigate the moderating effects of firm characteristics (i.e. firm size, sector, age, and status) and environmental turbulence (i.e. market, competitive, and technological turbulence) on both relationships. We find that the application of sensing and reconfiguring capabilities enables EMHTFs to develop ambidexterity and that ambidexterity improves timely responsiveness. Additionally, the relationship between the use of sensing capability and ambidexterity and between ambidexterity and timely responsiveness, appear robust across varying levels of market, competitive, and technological turbulence, and regardless of firm size, sector, age, and status. Furthermore, while EMHTFs across different sectors, age groups, and status benefit from using the reconfiguring capability to develop ambidexterity, we find that large firms benefit more than SMEs as the resource availability advantage of large firms allow them to reconfigure resources to support ambidextrous orientations in various ways. Hence, large firms can develop greater ambidexterity than SMEs, whose scarce resources limit how they can reconfigure resources to support ambidextrous orientations.","PeriodicalId":21040,"journal":{"name":"R&D Management","volume":"17 1","pages":""},"PeriodicalIF":6.3,"publicationDate":"2024-07-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141777247","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
R&D ManagementPub Date : 2024-07-19DOI: 10.1111/radm.12711
David B. Audretsch, Maksim Belitski, Rosa Caiazza
{"title":"Knowledge spillovers or R&D collaboration? Understanding the role of external knowledge for firm innovation","authors":"David B. Audretsch, Maksim Belitski, Rosa Caiazza","doi":"10.1111/radm.12711","DOIUrl":"https://doi.org/10.1111/radm.12711","url":null,"abstract":"Extant research has established that firms engage in R&D collaboration and access knowledge spillovers to enhance their innovativeness. We aim to take this conversation in a new direction by seeking to answer the question, ‘How does engagement in R&D collaboration with suppliers, customers, and competitors, both domestically and internationally, as well as access to knowledge spillovers from universities and other open sources, influence a firm's innovation?’ This is the primary goal of our study. The study develops a knowledge‐based view on knowledge collaboration and spillovers, explaining how a firm's decision to collaborate, as opposed to accessing knowledge spillovers, shapes its innovation outputs and propensity to innovate. The theoretical utility of this framework lies in elucidating how the distinct types of knowledge (basic or applied) transferred to a firm when accessing external knowledge create different mechanisms that influence innovation output. By analyzing data on knowledge spillovers and R&D collaboration from the innovation survey of firms in the United Kingdom over the period 2002–2014, we demonstrate that in most instances of knowledge combinations, the cost effect of knowledge sourcing exceeds the complementary effect of knowledge, leading to a firm's choice between R&D collaboration and spillovers. The study contributes to the innovation and R&D management literatures by explaining why this pattern emerges and demonstrating that these relationships are contingent upon the degree of collaboration and the level of knowledge spillovers.","PeriodicalId":21040,"journal":{"name":"R&D Management","volume":"83 1","pages":""},"PeriodicalIF":6.3,"publicationDate":"2024-07-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141740408","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
R&D ManagementPub Date : 2024-07-19DOI: 10.1111/radm.12707
Andres Alcayaga, Erik G. Hansen
{"title":"Smart circular economy as a service business model: an activity system framework and research agenda","authors":"Andres Alcayaga, Erik G. Hansen","doi":"10.1111/radm.12707","DOIUrl":"https://doi.org/10.1111/radm.12707","url":null,"abstract":"The circular economy is a new sustainability paradigm and a major driver of innovation in industrial firms. Digital servitization, enabled through smart products and their embeddedness in Internet of Things networks, represents a significant lever to generate product life cycle information and achieve collaboration between actors in the value cycle. Empirical studies on how product‐service system business models enable smart circularity are bourgeoning, but a gap exists regarding their microfoundations. Against this background, we adopt an activity system perspective to explore boundary‐spanning and interdependent business model activities. We conducted a qualitative interview study in business‐to‐business industries, from which we derived a funnel framework of smart circular systems (SCS) that spans three layers of the activity system. This contributes to theory in three ways: First, we identify 20 distinct microlevel activities. Second, we explain their interdependencies by classifying them based on the product life cycle into smart use, smart circular, and cross‐strategy activity sets. We also order these activity sets by their data transaction frequency, environmental and economic value, and a firm's typical learning pathway, as well as link them back into circular product design. Third, we highlight increasing servitization to develop the activity system across multiple circular activity sets. Managers can use the funnel as a template to drive circular business models on multiple levels, from adopting individual activities to redesigning the entire activity system.","PeriodicalId":21040,"journal":{"name":"R&D Management","volume":"61 1","pages":""},"PeriodicalIF":6.3,"publicationDate":"2024-07-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141740407","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
R&D ManagementPub Date : 2024-07-13DOI: 10.1111/radm.12709
Su Jung Jee
{"title":"Intellectual property reassembly: a novel approach to evaluate R&D collaboration outcomes","authors":"Su Jung Jee","doi":"10.1111/radm.12709","DOIUrl":"https://doi.org/10.1111/radm.12709","url":null,"abstract":"Research and development (R&D) collaboration outcomes have usually been evaluated based on the magnitude of outputs, such as new products, patenting, or productivity growth. However, they have yet to be evaluated based on the various directions of mutual learning between collaborators, which have a long‐term impact on the post‐partnership technology development of the collaborators. This study proposes a framework that evaluates intellectual property (IP) reassembly, which indicates how a focal firm produces new IP based on its learnings from its R&D partnership, as a novel approach to evaluate R&D collaboration. The proposed approach estimates the degree to which IP reassembly (a focal firm's independent patent applications drawing on co‐patents) occurs in the following directions: exploitation of, exploration beyond, or complementary to the pre‐partnership capabilities of each collaborator. Within the framework, a focal firm's performance can be compared to that of its partner. The proposed framework is illustrated and validated using the case of partnership between Samsung SDI and BOSCH (2008–2012) in their battery development. We discuss implications for contract design, partnership boundaries, and performance evaluation in the context of R&D collaboration.","PeriodicalId":21040,"journal":{"name":"R&D Management","volume":"27 1","pages":""},"PeriodicalIF":6.3,"publicationDate":"2024-07-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141609218","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}