{"title":"Modelling the Incentive to Participate in Open Source Biopharmaceutical Innovation","authors":"M. Allarakhia, D. Marc Kilgour, J. David Fuller","doi":"10.1111/j.1467-9310.2009.00577.x","DOIUrl":"https://doi.org/10.1111/j.1467-9310.2009.00577.x","url":null,"abstract":"The open source model provides a valuable framework for collective knowledge production and dissemination. Open knowledge networks and other cooperative strategies (classified as open source discovery initiatives) are enabling biopharmaceutical companies to access disembodied knowledge-based resources critical to downstream drug development. The objective of these cooperative strategic alliances is to preserve the downstream technological opportunities for multiple firms. When upstream discovery research cannot yield commercial products and when the costs associated with excessive upstream competition are too high, companies jointly benefit from cooperative knowledge production and open knowledge dissemination. An analysis of 39 open source initiatives (consortia) provides us with information on: the likely participants in such initiatives, the focus of knowledge production activities, the characteristics of the knowledge generated, and the management of joint knowledge assets. Based on this analysis, we use game models to understand the decision to participate in such strategic alliances better. Our game models provide a simple but elegant framework for understanding the impact of changing knowledge structures on the payoffs associated with cooperation and defection in knowledge production, and therefore on behaviour.","PeriodicalId":289875,"journal":{"name":"Wiley-Blackwell: R&D Management","volume":"42 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2009-12-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123494251","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":"Contributing Beyond the Call of Duty: Examining the Role of Culture in Fostering Citizenship Behavior and Success in Project-Based Work","authors":"Z. Aronson, T. Lechler","doi":"10.1111/j.1467-9310.2009.00573.x","DOIUrl":"https://doi.org/10.1111/j.1467-9310.2009.00573.x","url":null,"abstract":"Shifting goals, priorities and evolving customer demands require an exceptional effort, beyond the call of duty, on the part of employees to increase the likelihood for successful implementation of technologically driven projects. Our model posits that citizenship behavior, which captures individuals' behavior that goes above and beyond prescribed roles, effects project success and is influenced by the culture that exists in the project. We provide support for the model utilizing 222 participants in 71 product development, IT implementation and engineering projects, originating in firms from various industries in the United States using structural equation modeling. Owing to the constraints typically facing project managers, in terms of personnel availability and control over rewards, our findings suggest that project culture can be used by managers as an alternative lever to trigger employees' citizenship behavior, which in turn drives success. We provide valuable implications for individuals assigned to lead projects, who are concerned with aligning project culture with citizenship behavior, as part of their planning activities.","PeriodicalId":289875,"journal":{"name":"Wiley-Blackwell: R&D Management","volume":"46 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2009-10-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125208554","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 Communities: The Role of Networks of Promotors in Open Innovation","authors":"K. Fichter","doi":"10.1111/j.1467-9310.2009.00562.x","DOIUrl":"https://doi.org/10.1111/j.1467-9310.2009.00562.x","url":null,"abstract":"Research on Open Innovation has increasingly emphasised the role of communities in creating, shaping and disseminating innovations. However, the comparability of many studies has been hampered by the lack of a precise definition of the community construct, and the research on Open Innovation has to date not been well connected to insights from research on the role of transformational leaders and the networking of champions and promotors across organisational boundaries. For this reason, this paper introduces a new construct of ‘innovation communities’ based on promotor theory, which it defines as ‘networks of promotors’. It proposes a comprehensive concept of the quality of interaction in innovation communities, and presents findings of three case studies, which explore the role of promotors and networks of promotors in Open Innovation. The case studies reveal that such transformational leaders as promotors, and especially their close and informal co-operation across functional and organisational boundaries, play a key role in Open Innovation.","PeriodicalId":289875,"journal":{"name":"Wiley-Blackwell: R&D Management","volume":"8 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2009-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125088483","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":"Community Engineering for Innovations: The Ideas Competition as a Method to Nurture a Virtual Community for Innovations","authors":"Winfried Ebner, J. Leimeister, H. Krcmar","doi":"10.1111/j.1467-9310.2009.00564.x","DOIUrl":"https://doi.org/10.1111/j.1467-9310.2009.00564.x","url":null,"abstract":"‘Crowdsourcing’ is currently one of the most discussed key words within the open innovation community. The major question for both research and business is how to find and lever the enormous potential of the ‘collective brain’ to broaden the scope of ‘open R&D’. Based on a literature review in the fields of Community Building and Innovation Management, this work develops an integrated framework called ‘Community Engineering for Innovations’. This framework is evaluated in an Action Research project – the case of an ideas competition for an ERP Software company. The case ‘SAPiens’ includes the design, implementation and evaluation of an IT-supported ideas competition within the SAP University Competence Center (UCC) User Group. This group consists of approximately 60,000 people (lecturers and students) using SAP Software for educational purposes. The current challenges are twofold: on the one hand, there is not much activity yet in this community. On the other, SAP has not attempted to systematically address this highly educated group for idea generation or innovation development so far. Therefore, the objective of this research is to develop a framework for a community-based innovation development that generates innovations, process and product ideas in general and for SAP Research, in particular, combining the concepts of idea competitions and virtual communities. Furthermore, the concept aims at providing an interface to SAP Human Resources processes in order to identify the most promising students in this virtual community. This paper is the first to present an integrated concept for IT-supported idea competitions in virtual communities for leveraging the potential of crowds that is evaluated in a real-world setting.","PeriodicalId":289875,"journal":{"name":"Wiley-Blackwell: R&D Management","volume":"22 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2009-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126081709","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":"Exploring the Internal and External Venturing of Large R&D-Intensive Firms","authors":"Christopher Williams, Soo-Hyoung Lee","doi":"10.1111/j.1467-9310.2009.00553.x","DOIUrl":"https://doi.org/10.1111/j.1467-9310.2009.00553.x","url":null,"abstract":"We explore the realized strategies of large RD (2) three firm-level venturing strategy types can be discerned, which are independent of the specific industry; and (3) change in realized strategy is a dynamic capability facilitated by firm-level factors. These results, albeit explorative, emphasize venturing in R&D industries as a dynamic capability that is influenced by firm-level characteristics rather than industry membership.","PeriodicalId":289875,"journal":{"name":"Wiley-Blackwell: R&D Management","volume":"66 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2009-05-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129052857","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 New Product Development (NPD) Proficiency and NPD Entry Strategies on Product Quality and Risk","authors":"M. Millson, D. Wilemon","doi":"10.1111/j.1467-9310.2008.00534.x","DOIUrl":"https://doi.org/10.1111/j.1467-9310.2008.00534.x","url":null,"abstract":"This research explores the variation of new product quality and risk associated with New Product Development (NPD) entry strategies (e.g. in-house developments and joint ventures). Our first two research questions examine the quality of new products and the variation of risk across five NPD entry strategies. Our third and fourth research questions investigate the association of the proficiency with which NPD technical activities are performed with new product quality and the risk involved in developing new products. Our final two research questions explore whether the type of NPD entry strategy mediates the association between the proficiency with which NPD technical activities are performed and the quality and risk associated with the development of new products. Our study focuses on new products developed by three major industries, namely medical devices, electrical equipment, and heavy construction equipment. Our research suggests that there is no difference in the quality or the risk associated with the development of new products across NPD entry strategies. We also found that new product quality was associated with the proficient performance of many NPD technical activities whereas risk was associated with the proficient performance of fewer NPD technical activities. We found that choice of NPD entry strategy mediates the relationship between new product quality and NPD technical activity proficiency. Unlike product quality, NPD entry strategy selection appears to mediate NPD risk minimally. Our study contributes to NPD knowledge and managerial decision making by pointing out that the technical activities performed during the early stages of the NPD process are important to the attainment of a quality product and positively, not negatively, associated with perceived NPD risk. Additionally, our study extends knowledge of the association between proficiently performed NPD technical activities and the resultant product quality and perceived risk felt when individual NPD entry strategies are implemented.","PeriodicalId":289875,"journal":{"name":"Wiley-Blackwell: R&D Management","volume":"87 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2008-10-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131742240","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":"Project Valuation in the Pharmaceutical Industry: A Comparison of Least-Squares Monte Carlo Real Option Valuation and Conventional Approaches","authors":"B. Willigers, T. L. Hansen","doi":"10.1111/j.1467-9310.2008.00530.x","DOIUrl":"https://doi.org/10.1111/j.1467-9310.2008.00530.x","url":null,"abstract":"Least-squares Monte Carlo simulation (LSM) is a promising new technique for valuing real options that has received little or no attention in the pharmaceutical industry. This study demonstrates that LSM can handle complex valuation situations with multiple uncertainties and compounded American-type options. The limited application of real option valuation (ROV) in the pharmaceutical industry is remarkable, given the importance of accurate project valuation in an industry that requires large investments in high-risk projects with long pay-back periods, which is furthermore suffering from ever-increasing development costs and shrinking profit margins. The LSM model developed in this study is constructed as an extension of a discounted cash flow model that should be familiar to economists active in the pharmaceutical industry. A number of pharmaceutical projects have been evaluated using LSM ROV, binominal real option valuation and expected net present value techniques. The different results yielded by these methods are explained in terms of differences in risking assumptions and ability to capture the value of flexibility. The analysis provides a framework to introduce the basic concepts of real option pricing to a non-specialist audience. The LSM model illustrates the potential for real-life commercial assessment as the versatility of the technique allows for an easy customisation to specific business problems.","PeriodicalId":289875,"journal":{"name":"Wiley-Blackwell: R&D Management","volume":"9 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2008-10-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133459901","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 Qualitative Study of Inter-Organizational Knowledge Management in Complex Products and Systems Development","authors":"E. Ngai, Chen Jin, Tong Liang","doi":"10.1111/j.1467-9310.2008.00523.x","DOIUrl":"https://doi.org/10.1111/j.1467-9310.2008.00523.x","url":null,"abstract":"Much research has recognized that cross-disciplinary knowledge inputs are necessary to successful product innovation, particularly in complex products and systems (CoPS) development. This paper focuses on developing an exploratory framework for studying how an inter-organizational knowledge management (KM) approach affects the development of CoPS, and exploring how inter-organizational collaboration affects KM within a CoPS context. Based on a review of the literature and in-depth case studies, this paper puts forward some propositions and develops an integrated conceptual model showing the link between the dimensions of inter-organizational KM and the performance of CoPS development. Finally, the implications of the proposed model for inter-organizational KM in a CoPS environment are discussed.","PeriodicalId":289875,"journal":{"name":"Wiley-Blackwell: R&D Management","volume":"60 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2008-08-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126290626","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":"Radical Innovation through Internal Corporate Venturing: Degussa's Commercialization of Nanomaterials","authors":"E. Maine","doi":"10.1111/j.1467-9310.2008.00521.x","DOIUrl":"https://doi.org/10.1111/j.1467-9310.2008.00521.x","url":null,"abstract":"Internal corporate venturing enables radical innovation within established firms in mature markets. Without effectively designed and managed internal corporate ventures, the organizational constraints of established firms will strongly favour incremental innovation over radical innovation. This paper investigates the evolution of a successful internal corporate venture within a large, incumbent chemical firm, now known as Evonik Degussa, to reveal the challenges, organizational design, and management strategies of their commercialization of radical nanomaterials technology. The commercialization of nanomaterials technology is of great interest to incumbent materials and chemical firms and to independent ventures, but the radical, generic, and capital intensive nature of nanomaterials technology requires organizational and managerial innovation. This case study demonstrates a model to enable growth through radical innovation in nanomaterials, while taking advantage of an incumbent firm's capabilities and complementary assets. Organizational strategies include incubation from a risk-adverse culture, relatively long timelines for evaluation, and a high-level steering committee. Managerial strategies focus on product development, risk reduction, and active risk management.","PeriodicalId":289875,"journal":{"name":"Wiley-Blackwell: R&D Management","volume":"76 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2008-08-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125451080","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":"New Directions in R&D: Current and Prospective Challenges","authors":"J. Howells","doi":"10.1111/j.1467-9310.2008.00519.x","DOIUrl":"https://doi.org/10.1111/j.1467-9310.2008.00519.x","url":null,"abstract":"This paper investigates the paradox of research and development (R&D), that is being increasingly undervalued by firms and nations, and yet continues to grow and prosper in terms of overall size and reach. The analysis outlines key developments that are currently affecting the growth and development of R&D activity and highlights the issues and problems that R&D managers and policymakers may likely face over the next decade.","PeriodicalId":289875,"journal":{"name":"Wiley-Blackwell: R&D Management","volume":"40 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2008-05-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116506509","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}