Technovation最新文献

Sustainable business model innovation: A technology affordance perspective in the New Space Economy

IF 11.1 1区管理学

Technovation Pub Date : 2025-03-25 DOI: 10.1016/j.technovation.2025.103226

Jacopo Manotti , Silvia Sanasi , Antonio Ghezzi

{"title":"Sustainable business model innovation: A technology affordance perspective in the New Space Economy","authors":"Jacopo Manotti , Silvia Sanasi , Antonio Ghezzi","doi":"10.1016/j.technovation.2025.103226","DOIUrl":"10.1016/j.technovation.2025.103226","url":null,"abstract":"<div><div>Despite the recent hype surrounding the transition from a publicly funded space industry to a commercially driven New Space Economy, the potential of space technology to address societal challenges remains largely underexplored. In response to recent calls to consider private firms as active contributors to addressing the grand challenges associated with the UN 2030 Sustainable Development Agenda, this study builds on previous research on sustainable business model innovation and adopts a technology affordance perspective to examine how firms can leverage space technology for sustainable innovation. Through a comparative multiple case study of 11 international entrepreneurial ventures in the New Space Economy, we identify three key space technology affordances that align the value mechanisms of their business models with their contributions to sustainability goals. Specifically, our findings illustrate how entrepreneurial ventures use space technology to overcome transaction obstacles in reaching and including previously excluded stakeholders, employing space technology as a <em>sharpshooter</em>, <em>Trojan horse</em>, or <em>piggy bank</em> in their pursuit of sustainable business model innovation. This study contributes to the literature on sustainable business models and the New Space Economy, offering valuable implications for management practice and policy.</div></div>","PeriodicalId":49444,"journal":{"name":"Technovation","volume":"143 ","pages":"Article 103226"},"PeriodicalIF":11.1,"publicationDate":"2025-03-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143680712","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}

引用次数: 0

Determinants of entrepreneurs' intention to use crowdfunding in an emerging market

IF 11.1 1区管理学

Technovation Pub Date : 2025-03-24 DOI: 10.1016/j.technovation.2025.103222

Mohamed Hani Gheith , Ciro Troise , Enrico Battisti , Michael Christofi

{"title":"Determinants of entrepreneurs' intention to use crowdfunding in an emerging market","authors":"Mohamed Hani Gheith , Ciro Troise , Enrico Battisti , Michael Christofi","doi":"10.1016/j.technovation.2025.103222","DOIUrl":"10.1016/j.technovation.2025.103222","url":null,"abstract":"<div><div>Emerging countries have recently undergone a significant digital transformation, with crowdfunding platforms increasingly entering these markets. However, the adoption of crowdfunding remains limited in many of these countries. Entrepreneurs are often hesitant to use relatively new, technology-enabled fundraising systems like crowdfunding platforms due to their novelty and a general lack of familiarity with them. This calls for further research into the factors that can facilitate the adoption of crowdfunding, a challenge that is particularly relevant in the Middle East and North Africa (MENA) context. This study focuses on Egypt, specifically examining university students from three universities in Cairo who are participating in entrepreneurship programs and can be identified as aspiring or prospective entrepreneurs. This research explores the influence of three categories of factors – namely university environment factors, technological readiness factors, and personal factors - as antecedents of entrepreneurs' intention to use crowdfunding. This intention, in turn, is analyzed as a key determinant of the actual adoption of crowdfunding. The findings indicate that these factors positively influence the intention to use crowdfunding, which ultimately leads to its adoption. These results have both theoretical and practical implications. This study, theoretically, develops, and empirically, tests a new model that explains the intention to use crowdfunding and its subsequent adoption. The findings offer valuable insights for various stakeholders, including universities, policy-makers, current and prospective entrepreneurs, and entrepreneurship centers, who can leverage these insights to promote crowdfunding adoption.</div></div>","PeriodicalId":49444,"journal":{"name":"Technovation","volume":"143 ","pages":"Article 103222"},"PeriodicalIF":11.1,"publicationDate":"2025-03-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143680713","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}

引用次数: 0

Integrating sustainability into helix models for eco-innovation: The eco-5HM

IF 11.1 1区管理学

Technovation Pub Date : 2025-03-23 DOI: 10.1016/j.technovation.2025.103211

Bart J.A. van Bueren , Mark A.A.M. Leenders , Kevin Argus , Weng Marc Lim , Usha Iyer-Raniga , Alvedi Sabani

{"title":"Integrating sustainability into helix models for eco-innovation: The eco-5HM","authors":"Bart J.A. van Bueren , Mark A.A.M. Leenders , Kevin Argus , Weng Marc Lim , Usha Iyer-Raniga , Alvedi Sabani","doi":"10.1016/j.technovation.2025.103211","DOIUrl":"10.1016/j.technovation.2025.103211","url":null,"abstract":"<div><div>While helix models facilitate stakeholder collaborations among academia, government, and industry (triple helix model: 3HM) and often extend to include civil society (quadruple helix model: 4HM) and the natural ecosystem (quintuple helix model: 5HM), their effectiveness in promoting eco-innovation remains unclear. This ambiguity highlights the need to examine and, if necessary, refine the helix model to achieve strong sustainability outcomes. A systematic review of 153 publications linking helix models with sustainability was conducted to provide an overview. Taxonomy scoring indicates that the relationships between helix models and sustainability are <em>unstable</em> due to a limited corpus size compared to the helix literature, <em>narrow</em> because they fail to encompass a comprehensive sustainability system, and <em>shallow</em> by lacking representative targets, priorities, and indicators, as most helix studies address sustainability in a superficial manner. To address this gap, a critical review of 37 high-performing publications was conducted to unpack their contributions to eco-innovation ecosystems. These contributions informed the development of a consolidated and improved helix model, known as eco-5HM, incorporating eight key sustainability concepts and 18 strategic stakeholder relations as drivers to provide a strong focus on sustainability within helix-based innovation ecosystems. The present review therefore offers valuable insights for academics, practitioners, and policymakers on developing eco-innovation ecosystems for the benefit of all stakeholders.</div></div>","PeriodicalId":49444,"journal":{"name":"Technovation","volume":"143 ","pages":"Article 103211"},"PeriodicalIF":11.1,"publicationDate":"2025-03-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143680714","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}

引用次数: 0

Exploring the impact of destination attachment on digitally-enabled crowdfunding for cultural heritage restoration in post-earthquake Türkiye

IF 11.1 1区管理学

Technovation Pub Date : 2025-03-21 DOI: 10.1016/j.technovation.2025.103223

Muhammad Khalid Anser , Muhammad Usman , Erhan Boğan , Bekir Bora Dedeoğlu , Adeel Khalid , Muhammad Waheed Akhtar

{"title":"Exploring the impact of destination attachment on digitally-enabled crowdfunding for cultural heritage restoration in post-earthquake Türkiye","authors":"Muhammad Khalid Anser , Muhammad Usman , Erhan Boğan , Bekir Bora Dedeoğlu , Adeel Khalid , Muhammad Waheed Akhtar","doi":"10.1016/j.technovation.2025.103223","DOIUrl":"10.1016/j.technovation.2025.103223","url":null,"abstract":"<div><div>Using attachment theory, we developed a model of destination attachment, empathy, prosocial motivation, self-transcendence, and intentions to participate in a digitally-enabled crowdfunding campaign (DECC). Specifically, this study examined the direct and indirect (via empathy and prosocial motivation) association between destination attachment and foreign tourists' intention to participate in DECC. The current study also tested the moderating role of the self-transcendence. The results revealed a positive association between destination attachment and intention to participate in DECC. Furthermore, destination attachment positively influences intentions to participate in DECC through empathy and prosocial motivation that act as serial mediators of the destination attachment-DECC link. The study also revealed that tourists’ sense of self-transcendence significantly moderates the effect of destination attachment on empathy. Our study offers important implications for policymakers who intend to restore various tourist destinations.</div></div>","PeriodicalId":49444,"journal":{"name":"Technovation","volume":"143 ","pages":"Article 103223"},"PeriodicalIF":11.1,"publicationDate":"2025-03-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143680716","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}

引用次数: 0

Dark side of green subsidies: Do green subsidies to a focal firm crowd out peers’ green innovation?

IF 11.1 1区管理学

Technovation Pub Date : 2025-03-20 DOI: 10.1016/j.technovation.2025.103221

Xuemei Xie, Mengge Wang

{"title":"Dark side of green subsidies: Do green subsidies to a focal firm crowd out peers’ green innovation?","authors":"Xuemei Xie, Mengge Wang","doi":"10.1016/j.technovation.2025.103221","DOIUrl":"10.1016/j.technovation.2025.103221","url":null,"abstract":"<div><div>Many studies have shown that green subsidies can promote green innovation in recipient firms, but the impact of green subsidies to a focal firm on peer firms' green innovation remains understudied. To fill in this research gap, the current study uses data from 2,155 listed Chinese manufacturing firms and a multi-period difference-in differences approach to examine the impact of green subsidies to a focal firm on peer firms' green innovation. We find that such subsidies negatively affect peer firms' green innovation. Thereafter, we use the attention-based view to examine the role of regulatory focus (promotion and prevention focus) in the relationship between green subsidies and peer green innovation. We find that peer firms' promotion focus weakens the negative effect of green subsidies to a focal firm on peer green innovation, whereas peer firms' prevention focus aggravates this effect. Moreover, we examine the competitive mechanism through which green subsidies to a focal firm crowd out peer green innovation, finding that the crowding-out effect is more pronounced in peer firms with higher market concentration and greater product market share. We likewise investigate the heterogeneous effects of firm, industry, and regional characteristics on the relationship between green subsidies and peer green innovation. Results indicate that green subsidies to state-owned firms, mature firms, high-tech firms, and firms located in pilot low-carbon cities have considerably strong negative effects on peer green innovation. Our study challenges the prevailing view of environmental regulations' positive spillover effects on peer green innovation by highlighting green subsidies' “dark side.” We reveal the crowding-out effect of green subsidies to focal firms on peer green innovation, stimulating scholarly debate on their effectiveness and providing important implications for environmental policies’ enactment.</div></div>","PeriodicalId":49444,"journal":{"name":"Technovation","volume":"143 ","pages":"Article 103221"},"PeriodicalIF":11.1,"publicationDate":"2025-03-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143680715","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}

引用次数: 0

A socio-mathematical definition of innovation – The distinction with ordinary change

IF 11.1 1区管理学

Technovation Pub Date : 2025-03-18 DOI: 10.1016/j.technovation.2025.103220

William M. DeJong , Henk J. de Vries

{"title":"A socio-mathematical definition of innovation – The distinction with ordinary change","authors":"William M. DeJong , Henk J. de Vries","doi":"10.1016/j.technovation.2025.103220","DOIUrl":"10.1016/j.technovation.2025.103220","url":null,"abstract":"<div><div>Many researchers have defined the concept of innovation, without reaching consensus. But in any case an innovation concerns something new or the process of achieving such a thing. Since ‘new’ is a subjective qualification, the concept of innovation is weakly defined. As a consequence, the difference between an innovation and not-an-innovation (‘ordinary change’) stays unclear. This not only hinders the research of innovation and the advancement of innovation theory, but also may lead to costly mismanagement of innovation. To advance the definition of innovation, we distinguish two fundamentally different types of change: the change of the parameters of a system versus the expansion of its dimensions. The first type we identify as ordinary or first-order change and the second type as innovation or second-order change. We explain how our mathematical definition of innovation, combined with social processes of argumentation and discussion, can be operationalized methodically. Using a case of tightening the energy efficiency requirements for newly built houses, a case of business transformation, and a case of decentralization of youth care, we demonstrate how our socio-mathematical definition of innovation helps to study innovation more accurately and to understand the fundamental differences between ordinary change and innovation in their dynamics of planning, acting, and learning. Our socio-mathematical definition positions innovation management next to strategic change management, quality management and standardization management, and is easily applicable for researchers, innovation managers and policy makers.</div></div>","PeriodicalId":49444,"journal":{"name":"Technovation","volume":"143 ","pages":"Article 103220"},"PeriodicalIF":11.1,"publicationDate":"2025-03-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143642425","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}

引用次数: 0

Gen-AI’s effects on new value propositions in business model innovation: Evidence from information technology industry

IF 11.1 1区管理学

Technovation Pub Date : 2025-03-15 DOI: 10.1016/j.technovation.2025.103191

Dequn Teng , Chen Ye , Veronica Martinez

{"title":"Gen-AI’s effects on new value propositions in business model innovation: Evidence from information technology industry","authors":"Dequn Teng , Chen Ye , Veronica Martinez","doi":"10.1016/j.technovation.2025.103191","DOIUrl":"10.1016/j.technovation.2025.103191","url":null,"abstract":"<div><div>Generative AI (Gen-AI) with its evolving natural language capabilities is dramatically changing the way that businesses operate and customers consume their products and services. While existing literature discusses Gen-AI’s impact on computer science and engineering, its adoption significantly influences business models across various industries. This paper focuses on how Gen-AI affects new value propositions within business model innovation (BMI). The qualitative research method is adopted in this research. The data is collected and analyzed through 32 semi-structured interviews and archival sources. The study identifies five approaches — knowledge querying-based cloud solutions, content creation, AI agents, foundation models, and upstream industry chain infrastructure — that Gen-AI affects new value propositions in BMI. This research introduces empirical evidence from the information technology (IT) industry, broadening the contextual boundaries of Gen-AI’s new value propositions in BMI. The study advances beyond isolated mechanisms, providing a quadrant view and process map to illustrate the interrelated dynamic effects of Gen-AI’s new value propositions in both radical and incremental BMI.</div></div>","PeriodicalId":49444,"journal":{"name":"Technovation","volume":"143 ","pages":"Article 103191"},"PeriodicalIF":11.1,"publicationDate":"2025-03-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143629127","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}

引用次数: 0

How do Chinese high-tech firms respond to the techno-geopolitics age? From knowledge seeking to knowledge creation

IF 11.1 1区管理学

Technovation Pub Date : 2025-03-12 DOI: 10.1016/j.technovation.2025.103205

Wenyao Zhang , Wei Zhang , Tugrul U. Daim , Dana Bakry

{"title":"How do Chinese high-tech firms respond to the techno-geopolitics age? From knowledge seeking to knowledge creation","authors":"Wenyao Zhang , Wei Zhang , Tugrul U. Daim , Dana Bakry","doi":"10.1016/j.technovation.2025.103205","DOIUrl":"10.1016/j.technovation.2025.103205","url":null,"abstract":"<div><div>Achieving independent technological innovation (IDTI) through technological leapfrogging has become a top strategic priority for high-tech firms aiming to thrive in the era of techno-geopolitics. However, existing research lacks a comprehensive analysis of the transformation process from imitative technological innovation (IMTI) to IDTI, particularly from the perspective of knowledge seeking (KS) and knowledge creation (KC) activities. To address this gap, this study conducts a double-case comparative case analysis of two highly successful Chinese high-tech firms—one in advanced manufacturing and the other in the ICT industry. This study explores how these firms transition from leveraging KS for IMTI to fostering KC for IDTI. This study offers a deeper exploration into the interaction and conversion of private and public knowledge through specific knowledge activities across different organizational strategies. It examines how high-tech firms transition from KS to KC, revealing the process mechanism behind their shift from IMTI to IDTI. Additionally, this study uncovers the inherent nature of evolutionary upgrading—open knowledge transcendence—and interprets its intrinsic nature from exploitative and exploratory perspectives. By doing so, this study contributes to knowledge creation theory and organizational theory in the techno-geopolitics age, filling the gap in research on the evolution of technological innovation from a knowledge-based perspective.</div></div>","PeriodicalId":49444,"journal":{"name":"Technovation","volume":"143 ","pages":"Article 103205"},"PeriodicalIF":11.1,"publicationDate":"2025-03-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143600508","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}

引用次数: 0

With whom to be distinctive? Examining the impact of innovation narrative distinctiveness from the category prototype vs. category exemplar on firm performance

IF 11.1 1区管理学

Technovation Pub Date : 2025-03-10 DOI: 10.1016/j.technovation.2025.103210

Xiaojie Wu , Xiaomei Chen , Xiuqiong Wang

{"title":"With whom to be distinctive? Examining the impact of innovation narrative distinctiveness from the category prototype vs. category exemplar on firm performance","authors":"Xiaojie Wu , Xiaomei Chen , Xiuqiong Wang","doi":"10.1016/j.technovation.2025.103210","DOIUrl":"10.1016/j.technovation.2025.103210","url":null,"abstract":"<div><div>Managing the tension between innovation distinctiveness and conformity to achieve optimal distinctiveness is a pivotal strategic concern for high-tech firms. This study analyzes innovation text data from 561 high-tech firms across eight industrial categories, examining how a firm's innovation positioning relative to category exemplars and prototypes influences audience evaluations and subsequently affects firm performance. The findings indicate that (1) innovation narratives that deviate from the category prototype positively impact firm performance through favorable evaluations from investors and government. (2) In contrast, innovation narratives that deviate from category exemplars generally result in negative investor evaluations, which adversely affect firm performance, however, these deviations are associated with positive government evaluations and perceptions, which paradoxically do not translate into improved firm performance. By highlighting the complex role of innovation narrative positioning across different benchmark in shaping audience evaluations, our findings contribute significant insights to research on category positioning, optimal distinctiveness, and audience evaluation.</div></div>","PeriodicalId":49444,"journal":{"name":"Technovation","volume":"143 ","pages":"Article 103210"},"PeriodicalIF":11.1,"publicationDate":"2025-03-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143576911","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}

引用次数: 0

How to create dynamic capabilities: A design science study

IF 11.1 1区管理学

Technovation Pub Date : 2025-03-10 DOI: 10.1016/j.technovation.2025.103204

Szabolcs S. Sebrek , A. Georges L. Romme , Zsolt T. Kosztyán

引用次数: 0