Technovation最新文献

{"title":"CEO turnover and innovation: Exploring the advisory role of inventor top management team members","authors":"Seh-Hyun Yoo ,&nbsp;Donggyu Kim ,&nbsp;Byungchae Jin","doi":"10.1016/j.technovation.2025.103190","DOIUrl":"10.1016/j.technovation.2025.103190","url":null,"abstract":"<div><div>This study examines the impact of CEO turnover on <em>ex post</em> innovations of firms. Drawing upon upper echelons theory, we argue that unexpected and less-prepared CEO turnover (i.e., forced CEO turnover) reinforces the incoming CEOs' short-term orientations and cognitive limits in pursuing more ‘risky and uncertain’ R&amp;D projects, thereby reducing <em>ex post</em> radical innovations of firms. We further highlight the advisory roles of TMT members in alleviating the deleterious consequences of forced CEO turnover on radical innovations. Our theoretical and empirical evidence demonstrates that the presence of TMT members with inventing experience stands to mitigate the negative relationship between forced CEO turnover and radical innovations. Additionally, we theorize and test whether this negative relationship is significantly weakened if inventor TMT members possess more power within each TMT, have more prior social interactions with their incoming CEOs, or have a more central position in the intrafirm inventor network. By doing so, we deepen our understanding of the underlying mechanisms and the collective roles of top executives in strategic decision-making toward post-CEO turnover innovation.</div></div>","PeriodicalId":49444,"journal":{"name":"Technovation","volume":"142 ","pages":"Article 103190"},"PeriodicalIF":11.1,"publicationDate":"2025-02-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143454424","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Milestone payments in alliances: The moderating effect of equity ownership and network centrality","authors":"Wanrong Hou ,&nbsp;Edward Levitas ,&nbsp;Taoyong Su ,&nbsp;Sibin Wu","doi":"10.1016/j.technovation.2025.103192","DOIUrl":"10.1016/j.technovation.2025.103192","url":null,"abstract":"<div><div>Previous research has produced ambiguous and incomplete conclusions on how milestone payments influence alliance performance. By integrating the contractual governance framework with insights from behavioral economics on intrinsic motivation, this research investigates how the structure of cash payments between research and development partners impacts alliance performance. Analyzing a dataset of 140 pharmaceutical and biopharmaceutical New Molecular Entities approved by the FDA from 1993 to 2016, we first demonstrate that increased milestone payments reduce alliance performance. We then show that this adverse effect is attenuated when the complement supplier holds equity in the technology producer. Lastly, we provide evidence that the network centrality of the complement supplier offsets the negative impact of milestone payments on performance. These findings bridge the gap between behavioral and contractual views, underscoring the importance of incorporating both perspectives in studying alliance outcomes.</div></div>","PeriodicalId":49444,"journal":{"name":"Technovation","volume":"142 ","pages":"Article 103192"},"PeriodicalIF":11.1,"publicationDate":"2025-02-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143430291","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Home–country technological legitimacy in crowdfunding: The moderating role of positive psychological capital language","authors":"Honglan Yu ,&nbsp;Rexford Attah-Boakye ,&nbsp;Yameng Zhang ,&nbsp;Kweku Adams ,&nbsp;Diana Owusu-Yirenkyi","doi":"10.1016/j.technovation.2025.103185","DOIUrl":"10.1016/j.technovation.2025.103185","url":null,"abstract":"<div><div>This study uses the legitimacy theory as the theoretical lens to investigate how and under what circumstances home-country technological legitimacy affects the performance of crowdfunding campaigns in emerging markets. A dataset of 758 technology crowdfunding campaigns from Kickstarter was analysed. Our findings reveal that higher home-country technological legitimacy (measured by the Global Innovation Index) affects crowdfunding performance (measured by the ratio of funds raised to the pledged goal). We also find that positive psychological capital language (optimism, insistence, and tenacity) plays a crucial moderating role in strengthening this relationship. This study extends the legitimacy theory by demonstrating that country-level technological legitimacy is an external signal that shapes backer perceptions and funding decisions. Our results highlight the importance of campaign narratives in overcoming institutional voids and enhancing entrepreneurial success in global crowdfunding initiatives. These insights offer practical implications for entrepreneurs, policymakers, and investors seeking to navigate the complex dynamics of crowdfunding in emerging economies.</div></div>","PeriodicalId":49444,"journal":{"name":"Technovation","volume":"141 ","pages":"Article 103185"},"PeriodicalIF":11.1,"publicationDate":"2025-02-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143387956","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Exploring consumer intentions to continue: Integrating task technology fit and social technology fit in generative AI based shopping platforms","authors":"Debarun Chakraborty ,&nbsp;Ciro Troise ,&nbsp;Stefano Bresciani","doi":"10.1016/j.technovation.2025.103189","DOIUrl":"10.1016/j.technovation.2025.103189","url":null,"abstract":"<div><div>This study explores the significance of task-technology fit (TTF) and social-technology fit (STF) in generative AI-based shopping platforms. Examination of this integration can assume importance for generative AI-based shopping platforms that can drive consumer intentions to continue using, ensuring long-term engagement and platform success. The study evaluates how these alignments influence users' satisfaction, perceived usefulness, and intention to continue using the platform. A mixed methodology approach was used in the study, and exploratory and confirmatory analyses were conducted. In the exploratory study, 27 respondents provided their responses; in study 2, which is confirmatory, 472 participants answered the questions. Generative AI can handle complex tasks and accommodate various user needs to enhance the platform's efficiency and overall user experience. In addition, the study focuses on social factors such as trust and community engagement, which influence user satisfaction and the effectiveness of the platform being used. Gender differences are also considered in the study by examining how these affect users' interactions with AI features. Gender differences significantly influence satisfaction and continued use of generative AI-based shopping platforms, highlighting the need for personalized and diverse AI features to cater to varied user preferences. These results provide detailed suggestions and worthwhile practices for developing AI-based shopping platforms that would appeal to their users in the long run and satisfy their emerging needs and preferences. Practical implications show the importance of deploying AI tasks that fit most business needs in order to promote scalability, community needs, personalization based on the gender of the user, and ethical considerations in order to promote the proper use of AI in business. These findings offer practical guidance for enhancing user engagement through tailored AI features.</div></div>","PeriodicalId":49444,"journal":{"name":"Technovation","volume":"142 ","pages":"Article 103189"},"PeriodicalIF":11.1,"publicationDate":"2025-02-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143395683","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"In pursuit of the third mission: Exploring women's participation in academic engagement activities in sub-Saharan Africa","authors":"Afua Owusu-Kwarteng ,&nbsp;Sarah Jack ,&nbsp;Cynthia Forson ,&nbsp;Olufunmilola (Lola) Dada","doi":"10.1016/j.technovation.2025.103188","DOIUrl":"10.1016/j.technovation.2025.103188","url":null,"abstract":"<div><div>Across the globe, there is a growing expectation for academics to generate societal impact by pursuing a third mission alongside their teaching and research missions. Conceptualised as academic engagement (AE), extant research indicates that academics in sub-Saharan Africa (SSA) may face challenges in participating in this activity due to existing institutional voids. Drawing on Bourdieu's practice theory and feminist perspectives on gender, work, and organisations, this article explores women researchers' participation in AE activities in six SSA countries: Zambia, Botswana, Ghana, Nigeria, Malawi, and Kenya. Through semi-structured interviews with 36 women researchers, we found that beyond institutional voids, gender plays a significant role in AE activities in SSA, influencing the women researchers we studied to engage in homophilous networking, embody masculinity, and enhance their competencies. Based on our findings, we argue that taking a micro-level perspective of AE activities in SSA is pertinent. Such a perspective, we found, empowers us to observe how the generation of societal impact through AE activities may trap women researchers (and other minority groups) into a cycle of low wages, limited career opportunities, and harmful working conditions that may not only affect their well-being, but also widen gender inequality in academia and the broader society.</div></div>","PeriodicalId":49444,"journal":{"name":"Technovation","volume":"141 ","pages":"Article 103188"},"PeriodicalIF":11.1,"publicationDate":"2025-02-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143377231","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Across disciplines, to make an impact. The technological impact of boundary-spanning research projects","authors":"Federico Munari,&nbsp;Hérica Morais Righi,&nbsp;Laura Toschi","doi":"10.1016/j.technovation.2025.103184","DOIUrl":"10.1016/j.technovation.2025.103184","url":null,"abstract":"<div><div>Boundary spanning research is increasing recognition among scholars and policymakers due to its potential in generating novel and breakthrough scientific contributions. However, while previous research mainly investigated its effect for the scientific domain, less is known about how boundary spanning approaches in science are related to technology transfer activities. To investigate this issue, we examine 6081 research projects in the Life Sciences, Physical &amp; Engineering, and Social Sciences &amp; Humanities sectors funded by the European Research Council under the 7th Framework Programme and Horizon 2020 Programme in the period 2008–2016. Our results show that boundary spanning research projects and the probability to generate technological impact through patent citations are linked through an inverted U-shape relation, thus recognizing both benefits and costs to this research approach. Moreover, as research integrates knowledge from more diverse scientific domains, its technological applications expand correspondingly across a broader range of technical fields. Finally, we show that these relations change according to the seniority of the researcher performing the scientific activity.</div></div>","PeriodicalId":49444,"journal":{"name":"Technovation","volume":"141 ","pages":"Article 103184"},"PeriodicalIF":11.1,"publicationDate":"2025-02-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143302802","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"From new venture idea to viable business: Breakthrough innovation capability in established firms","authors":"Erwin Danneels ,&nbsp;Gina Colarelli-O'Connor","doi":"10.1016/j.technovation.2025.103186","DOIUrl":"10.1016/j.technovation.2025.103186","url":null,"abstract":"<div><div>Breakthrough innovation (BI) is critical to the long-term growth and renewal of large established firms. Therefore, these firms could benefit greatly from possessing a capability for breakthrough innovation, the ability to achieve breakthrough innovation intentionally, repeatedly, and reliably. While previous research has provided extensive insights into facilitators of breakthrough innovation, we still know little about what firms and their managers do to act upon those. In particular, we lack detailed understanding of the specific activities that jointly constitute a BI capability. Because we are able to build on an extensive (but fragmented and incomplete) literature on BI, we use the extended case method to “extend” – that is elaborate – existing theory. We iterate between interview data on a large set of incumbent firms and related literatures on exploitation-exploration, uncertainty, and innovation more generally to build a detailed and integrative framework of practices used to achieve BI – what managers actually do, with what goals, and assessed by which metrics. We find these practices in turn underpin three sub-competences: conceptualization, experimentation, and scaling (CES), which together constitute a BI capability. Conceptualization is the generation, elaboration, and articulation of business concepts, experimentation is exploring and validating these concepts, and scaling is growing a viable business. Taking a Practice-Based View, we present fine-grained insights into distinct goals, metrics, and practices that support these competences, and we explain how these work together.</div></div>","PeriodicalId":49444,"journal":{"name":"Technovation","volume":"141 ","pages":"Article 103186"},"PeriodicalIF":11.1,"publicationDate":"2025-02-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143183310","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Strategic NFT adoption to combat digital piracy","authors":"Yue Liu ,&nbsp;Baogui Xin ,&nbsp;Lei Xie","doi":"10.1016/j.technovation.2025.103183","DOIUrl":"10.1016/j.technovation.2025.103183","url":null,"abstract":"<div><div>Digital piracy poses a grave threat to content creators and distributors. Recently, non-fungible tokens (NFTs) have garnered attention as a potential solution, though views diverge on their efficacy. Moreover, NFT practices often engender complex tradeoffs between business value and externalities. To elucidate this divergence and inform strategic decisions, we develop an analytical model of a digital content supply chain incorporating piracy competition across three operating models: reselling, agency-selling, and NFT-based. Our analysis suggests that: (i) the NFT model mitigates piracy more effectively than traditional models when content asset value is high or consumer NFT acceptance costs are low; (ii) the creator's NFT adoption hinges on the NFT platform service fee, fixed adoption costs, and consumer perceived net NFT value; and (iii) higher legal content transaction costs catalyze more pirate demand. This study clarifies the complex interplay between piracy, NFTs, and digital supply chain design. It provides creators and distributors an enhanced framework for strategically leveraging NFTs to combat piracy while maximizing value and mitigating risks.</div></div>","PeriodicalId":49444,"journal":{"name":"Technovation","volume":"141 ","pages":"Article 103183"},"PeriodicalIF":11.1,"publicationDate":"2025-02-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143183308","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Drivers for the emergence of interdisciplinary knowledge areas: An actor-level perspective on building legitimacy for the case of synthetic life sciences","authors":"Chad M. Baum ,&nbsp;Nathalie Sick ,&nbsp;Stefanie Bröring","doi":"10.1016/j.technovation.2025.103173","DOIUrl":"10.1016/j.technovation.2025.103173","url":null,"abstract":"<div><div>No one discipline or knowledge area can spur the rise of novel technologies and solutions pivotal to mitigate the grand challenges confronting society. Such solutions increasingly require broad-based collaborations, new spaces for knowledge creation, and the emergence of interdisciplinary knowledge areas (IKAs). Little is known about the drivers for IKA emergence, specifically how their legitimacy can be built. Drawing on knowledge of emerging innovation ecosystems, we conceive legitimacy in terms of the need to align the views, skills, and motivations of diverse actors – between academia and industry and across disciplines as well. This exploratory study employs the mixed-methods approach of group concept mapping to examine drivers of new IKAs and specifically how legitimacy can be fostered from an actor-level perspective. This approach entails a series of steps whereby discussion is facilitated around a focus prompt, ideas are generated, the resulting statements are sorted (by participants) into categories and rated (for importance and changeability), and then analyzed and described using visual outputs. Employing synthetic life sciences as a case, an actor-based perspective is first provided of the drivers seen as most important and changeable, and how this varies by type of actor. We thereby elucidate initiatives promoting the emergence of IKAs, by stressing the importance of key actors or engaging with public concerns. Second, by examining similarities across actors, areas of consensus are highlighted, outlining a guiding vision to align their interests and goals. Third, by examining universities as a form of interdisciplinary invention ecosystem, we illustrate how universities are meaningful not only as a locus for groundbreaking research but a space where actors can collaborate for knowledge creation and exchange. Engaging universities through this lens, we finally provide a discussion of initiatives (outlined as propositions) that can promote the establishment of invention ecosystems, particularly around legitimacy-building by promoting broad-based collaboration.</div></div>","PeriodicalId":49444,"journal":{"name":"Technovation","volume":"141 ","pages":"Article 103173"},"PeriodicalIF":11.1,"publicationDate":"2025-02-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143183309","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Unpacking experimentation in design thinking: Contributions to innovation performance and the moderating role of digital technologies","authors":"Stefano Magistretti ,&nbsp;Claudio Dell’Era ,&nbsp;Marina Candi ,&nbsp;Scott K. Swan ,&nbsp;Mattia Bianchi ,&nbsp;Giulia Calabretta ,&nbsp;Ileana Stigliani ,&nbsp;Roberto Verganti","doi":"10.1016/j.technovation.2025.103187","DOIUrl":"10.1016/j.technovation.2025.103187","url":null,"abstract":"<div><div>Design thinking is an innovation approach that emphasizes developing and testing hypotheses about the desirability, feasibility, and viability of an idea through iterative experimentation. Although widely used, there is limited empirical evidence to support the effectiveness of experimentation practices in design thinking projects. Similarly, the impact of integrating digital technologies into experimentation processes remains underexplored. This study addresses these gaps by analyzing data from 246 design thinking projects to examine how early and frequent experimentation influences innovation performance, specifically in terms of effectiveness and efficiency. It also examines how the use of digital technologies moderates these relationships. The results show that both early and frequent experimentation positively influence innovation effectiveness, while only early experimentation significantly improves innovation efficiency. Moreover, the use of digital technologies strengthens the positive effects of early experimentation on both effectiveness and efficiency. This research provides valuable theoretical and practical insights by deepening our understanding of how experimentation and digital tools drive innovation performance in design thinking projects.</div></div>","PeriodicalId":49444,"journal":{"name":"Technovation","volume":"141 ","pages":"Article 103187"},"PeriodicalIF":11.1,"publicationDate":"2025-02-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143183311","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}