Technovation最新文献

{"title":"Generative artificial intelligence augmenting SME financial management","authors":"Michael Metzger ,&nbsp;Seán O'Reilly ,&nbsp;Ciarán Mac an Bhaird","doi":"10.1016/j.technovation.2025.103313","DOIUrl":"10.1016/j.technovation.2025.103313","url":null,"abstract":"<div><div>This study investigates the potential for entrepreneurs to leverage advances in technological innovation, specifically generative Artificial Intelligence (AI), to build management capability to mitigate business and financial risks. Drawing on theories of Technology Affordances and Constraints and the Resource-Based View (RBV) of the firm, recognising that small and medium-sized enterprises (SMEs) are inherently resource-constrained. We examine how AI-generated financial diagnostics can empower SMEs by generating accessible, real-time analysis and insights, thus bolstering the management function and increasing chances of survival and growth. Using a dataset of 1,150 UK SMEs spanning eight years of financial statements, we test a large language model (LLM) prediction assessment and analyse the potential for SMEs to utilise the technology, notwithstanding enterprise-specific constraints. We conclude that AI may be a very effective tool for smaller enterprises to augment the financial management function, although its efficacy hinges on organisational readiness, competence in interpreting data, and the will to act on automated red-flag alerts. These findings offer practical guidance for SMEs seeking to enhance their financial management processes in today's digital era.</div></div>","PeriodicalId":49444,"journal":{"name":"Technovation","volume":"147 ","pages":"Article 103313"},"PeriodicalIF":11.1,"publicationDate":"2025-07-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144654107","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":"My money endorses my campaign: The influence of entrepreneur's self-pledge on crowdfunding campaign success","authors":"Liang Zhao ,&nbsp;Zhe Sun ,&nbsp;Carolyn Ngowi ,&nbsp;Francis Donbesuur","doi":"10.1016/j.technovation.2025.103311","DOIUrl":"10.1016/j.technovation.2025.103311","url":null,"abstract":"<div><div>This study investigates the influence of entrepreneurs' self-pledge (ESP)—personal financial contributions to their own campaigns—on the success of reward-based crowdfunding. Drawing on Impression Management (IM) theory, we explore how ESP functions as a strategic tactic to signal commitment and credibility, shaping backers' perceptions of campaign quality. Using a dataset of 1287 campaigns from Zhongchou, China's leading reward-based crowdfunding platform, our analysis reveals that ESP significantly enhances campaign success, measured by funding achievement, total pledges, and fundraising ratios. This effect is partially mediated by perceived campaign quality, reflected in signals like videos and descriptions. These findings extend IM theory by applying it to crowdfunding's unique emotional and symbolic context, providing actionable insights for entrepreneurs and platform operators to improve fundraising outcomes.</div></div>","PeriodicalId":49444,"journal":{"name":"Technovation","volume":"147 ","pages":"Article 103311"},"PeriodicalIF":11.1,"publicationDate":"2025-07-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144654106","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":"Community-powered AI: Enhancing regional development through dataset diversity and ethical governance","authors":"Zeyu Lin ,&nbsp;Hongtao Dou ,&nbsp;Shanlang Lin","doi":"10.1016/j.technovation.2025.103315","DOIUrl":"10.1016/j.technovation.2025.103315","url":null,"abstract":"<div><div>This study examines the transformative impact of AI on promoting equitable regional development in China, with a particular focus on dataset diversity, community-driven data collection, and ethical governance frameworks. Employing a quantitative cross-sectional methodology, primary survey data from AI developers, policymakers, and regional planners across 31 provinces were integrated with secondary economic and technological indicators. The results reveal that higher AI dataset diversity is strongly associated with reduced income inequality, enhanced GDP growth, and improved access to education and healthcare services. Community-driven data initiatives significantly enhance dataset representativeness, improving the accuracy, fairness, and policy relevance of AI models. Furthermore, adopting ethical AI governance frameworks positively influences public trust, AI adoption rates, perceived fairness, and stakeholder engagement. Structural Equation Modeling validates the interrelationships among dataset diversity, community involvement, ethical governance, and regional development outcomes. This study highlights actionable strategies for the responsible integration of AI, offering a holistic socio-technical model to drive equitable and sustainable regional development in China.</div></div>","PeriodicalId":49444,"journal":{"name":"Technovation","volume":"147 ","pages":"Article 103315"},"PeriodicalIF":11.1,"publicationDate":"2025-07-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144634577","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":"Leveraging digital crowdfunding platforms for SME sustainability in emerging markets: The roles of entrepreneurial competency, social capital, and supply chain trust","authors":"Yulong Liu (David) ,&nbsp;Muhammad Mustafa Kamal ,&nbsp;Justin Zuopeng Zhang ,&nbsp;Mushfiqur Rahman ,&nbsp;Erhan Aydin","doi":"10.1016/j.technovation.2025.103309","DOIUrl":"10.1016/j.technovation.2025.103309","url":null,"abstract":"<div><div>Digital crowdfunding platforms have become essential financing channels for small and medium-sized enterprises (SMEs), particularly in emerging markets where access to traditional funding is limited. This study examines how entrepreneurial competency, social capital, and supply chain trust shape the use of digital crowdfunding platforms and their impact on SMEs' sustainable performance. Drawing on resource-based theory and survey data from 170 SMEs across various industries in China, the study reveals that entrepreneurial competency facilitates platform adoption, which in turn fosters trust-based supply chain relationships. These trust relationships enhance supply chain collaboration and robustness, ultimately improving sustainable performance. By conceptualizing crowdfunding platforms as strategic resources, this study contributes to the digital entrepreneurship and SME financing literature. It also offers actionable insights for SME managers and policymakers on leveraging platform-based ecosystems to enhance resilience and sustainability in digitally transforming markets.</div></div>","PeriodicalId":49444,"journal":{"name":"Technovation","volume":"147 ","pages":"Article 103309"},"PeriodicalIF":11.1,"publicationDate":"2025-07-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144631759","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":"Integrating expertise and authority: The role of CEO's IT imprinting and power in shaping corporate AI patenting","authors":"Yang Liu ,&nbsp;Fukang Zhang ,&nbsp;Jiuchang Wei ,&nbsp;Zuying Peng ,&nbsp;Peng Cheng","doi":"10.1016/j.technovation.2025.103308","DOIUrl":"10.1016/j.technovation.2025.103308","url":null,"abstract":"<div><div>Based on the imprinting theory, this study aims to investigate the influence of CEOs' information technology (IT) imprinting on corporate artificial intelligence (AI) patenting. By using a dataset comprising 2610 publicly listed companies in China from 2010 to 2020, our analysis reveals that firms led by CEOs with IT-related degrees are more inclined to foster enhanced AI patenting output. Furthermore, the study reveals that the positive relationship between a CEO's IT imprint and AI patenting is stronger when the CEO is younger or holds more power. Additionally, we explored the dual moderating effects of CEO age and power on this relationship. Our findings indicate that younger, more powerful CEOs with IT imprints are more likely to increase AI patent output. Further analysis underscores the significant contribution of CEOs with IT imprinting to exploitative AI patenting.</div></div>","PeriodicalId":49444,"journal":{"name":"Technovation","volume":"147 ","pages":"Article 103308"},"PeriodicalIF":11.1,"publicationDate":"2025-07-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144631747","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":"From institution to practice: How intellectual property protection promotes collaborative innovation behavior, quantity, and quality, moderated by academically experienced executives","authors":"Zhuguang Xie ,&nbsp;Qian Zhou","doi":"10.1016/j.technovation.2025.103312","DOIUrl":"10.1016/j.technovation.2025.103312","url":null,"abstract":"<div><div>The paradoxical relationship between intellectual property protection and collaborative innovation requires in-depth investigation. This study adopts a “macro policy to micro implementation” approach, integrating both legislative and enforcement dimensions to measure the intellectual property protection intensity in China. Using a dataset of 17,376 samples from listed companies across all industries from 2008 to 2018, we develop a moderation effect model to examine the role of academically experienced executives in moderating the relationship between intellectual property protection and collaborative innovation. Specifically, we analyze collaborative innovation performance from three dimensions: behavior, quantity, and quality. The findings reveal that: (1) Intellectual property protection significantly enhances firms' collaborative innovation behavior, quantity, and quality. Moreover, stronger intellectual property protection has a greater positive impact on the quantity and quality of collaborative innovation; (2) Academically experienced executives strengthen the positive relationship, demonstrating a positive moderating effect. This result applies to all three dimensions of collaborative innovation: behavior, quantity, and quality. Under the same intellectual property protection, firms with more academically experienced executives exhibit better collaborative innovation performance, particularly in terms of high-quality collaborative innovation quantity. Based on these findings, it is recommended that China strengthen intellectual property protection and improve enforcement efficiency. Additionally, optimize intellectual property protection clauses specifically targeting collaborative innovations, reasonably distribute the benefits of collaborative innovations, and optimize corporate innovation management strategies. Meanwhile, encouraging academically experienced executives to participate in corporate decision-making can further increase the behavior, quantity, and quality of collaborative innovations even under the same intellectual property protection environment.</div></div>","PeriodicalId":49444,"journal":{"name":"Technovation","volume":"147 ","pages":"Article 103312"},"PeriodicalIF":11.1,"publicationDate":"2025-07-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144631748","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":"Digital platforms and smart city synergies: Unlocking cross-sector innovation and governance in urban transformation","authors":"Chao Yang ,&nbsp;Haoxiang Luo ,&nbsp;Siyi Yang ,&nbsp;Longquan Li ,&nbsp;Qi Liu","doi":"10.1016/j.technovation.2025.103307","DOIUrl":"10.1016/j.technovation.2025.103307","url":null,"abstract":"<div><div>This study examines the transformative impact of digital platforms on fostering cross-sector collaboration and innovation in Chinese smart cities. While existing research often emphasizes the technical capabilities of these platforms, it has largely overlooked their role in addressing governance structures, data-sharing protocols, and user-centric designs essential for effective collaboration. This research addresses this gap by employing a mixed-methods approach comprising surveys (N = 500), interviews (N = 30), and case studies across various Chinese cities to assess the impact of digital platforms on knowledge transfer, resource sharing, and innovation outcomes in urban development projects. Key findings demonstrate that digital platforms significantly enhance cross-sector knowledge transfer (r = 0.72, p &lt; 0.01) and result in superior innovation outcomes (η² = 0.18, p &lt; 0.001) compared to traditional collaboration methods. However, the study also identifies barriers that hinder effective platform implementation, including technical incompatibilities, regulatory hurdles, and cultural differences across sectors. By integrating existing urban innovation theories and incorporating the unique role of digital platforms in the Chinese context, this research offers empirical evidence and actionable insights for policymakers, urban planners, and platform developers. It highlights how digital platforms can optimize smart city initiatives through enhanced collaboration, paving the way for more inclusive, responsive, and innovative urban environments in China and beyond.</div></div>","PeriodicalId":49444,"journal":{"name":"Technovation","volume":"147 ","pages":"Article 103307"},"PeriodicalIF":11.1,"publicationDate":"2025-07-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144588527","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":"The role of technology-enabled business model innovation in achieving carbon neutrality","authors":"Fu Jia ,&nbsp;Nazrul Islam ,&nbsp;Lujie Chen","doi":"10.1016/j.technovation.2025.103305","DOIUrl":"10.1016/j.technovation.2025.103305","url":null,"abstract":"<div><div>Technology-enabled business model innovation (BMI) has emerged as a strategic lever for achieving carbon neutrality. Rather than simply layering digital technologies onto existing models, it entails a fundamental reconfiguration of how firms design decarbonisation pathways, construct carbon-intelligent value logic, and respond to increasingly complex and dynamic institutional pressures. This editorial synthesises current advancements in the field from a multidimensional perspective, highlighting how technology-enabled BMI reshapes the temporal logic, ecosystem coordination, and adaptive capacity of organisations operating under carbon constraints. Drawing on the seven articles featured in this special issue, we identify critical theoretical and methodological gaps—particularly the lack of integrative frameworks that can address systemic complexity, embedded accountability structures, and policy–technology co-evolution. We conclude by proposing a research agenda that calls for deeper engagement with dynamic, multi-level mechanisms and encourages future scholars to explore the evolving role of technology-enabled BMI in driving systemic, scalable, and accountable low-carbon transformations.</div></div>","PeriodicalId":49444,"journal":{"name":"Technovation","volume":"147 ","pages":"Article 103305"},"PeriodicalIF":11.1,"publicationDate":"2025-07-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144580972","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":"Expanding the scientist's palette: factors ofengagement with the Arts in geosciences and biology research","authors":"Barthélemy Chollet ,&nbsp;Karine Revet","doi":"10.1016/j.technovation.2025.103301","DOIUrl":"10.1016/j.technovation.2025.103301","url":null,"abstract":"<div><div>Artistic work can offer powerful ways to enhance the societal impact and dissemination of scientific research. The practice of engaging with the Arts, however, is still far from widespread among scientists. In this study, we examine the factors that increase the likelihood that a principal investigator (PI) integrates some engagement with the Arts in the design of a research project. We draw on a database of 31,859 NSF standard grants (2003–2023) in geosciences and biology. Through a search for a set of keywords in project descriptions, we identify the rare projects that engage with the Arts. We find that projects designed by female scientists, in universities of lower research intensity, are most likely to engage with the Arts. Moreover, occurrences of this practice vary considerably across scientific subdomains. Additionally, addressing a sustainable development goal may either increase or decrease the likelihood that a project engages with the Arts, depending on the specific goal at hand.</div></div>","PeriodicalId":49444,"journal":{"name":"Technovation","volume":"146 ","pages":"Article 103301"},"PeriodicalIF":11.1,"publicationDate":"2025-07-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144572358","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":"Who are you? Examining the multifaceted innovation roles of municipal governments in AI governance","authors":"Farah Elbehairy ,&nbsp;Luca Mora ,&nbsp;Ralf-Martin Soe","doi":"10.1016/j.technovation.2025.103303","DOIUrl":"10.1016/j.technovation.2025.103303","url":null,"abstract":"<div><div>Our study advances theoretical understanding of the diverse roles municipal governments play in governing the development and deployment of artificial intelligence (AI) technologies within their administrative boundaries. While existing literature typically frames municipalities as regulators or adopters of AI, it tends to overlook the broader set of responsibilities they assume in shaping AI governance. To address this gap, we map traditional innovation roles onto the multiple functions that municipal governments perform in the emerging domain of AI technologies. Drawing from innovation management theory and AI governance literature examining the agency of governments and public sector organizations in AI governance, we identify core continuities and contextual adaptations in these roles. These insights illustrate how the foundational logic of traditional innovation roles is preserved but recalibrated to reflect the specific demands of AI governance at the municipal level. This theoretical contribution extends innovation role typologies into the field of AI governance, laying the groundwork for future empirical research and policy development.</div></div>","PeriodicalId":49444,"journal":{"name":"Technovation","volume":"147 ","pages":"Article 103303"},"PeriodicalIF":11.1,"publicationDate":"2025-07-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144557055","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}