Technovation最新文献

{"title":"Stimulating data marketplace adoption in manufacturing: The impact of perceived control on willingness to share data","authors":"Antragama Ewa Abbas ,&nbsp;Floris Kool ,&nbsp;Wirawan Agahari ,&nbsp;Mark de Reuver","doi":"10.1016/j.technovation.2025.103371","DOIUrl":"10.1016/j.technovation.2025.103371","url":null,"abstract":"<div><div>Data marketplaces potentially accelerate digital transformation in the manufacturing industries as they enable businesses to share Internet-of-Things (IoT) data. As data marketplaces are business-to-business (B2B) platforms that mediate between unrelated businesses, managers often fear losing control over shared data (or, in other words, losing data sovereignty). However, despite extensive work in the technical community to create control mechanisms, the impact of enhanced control on data marketplace adoption by data owners remains unclear. This study develops and tests a theoretical model that relates perceived control to willingness to share data in the context of IoT data marketplaces for manufacturing industries. We surveyed 299 managers in manufacturing businesses using a scenario of a data marketplace that allowed data owners to control their data offerings directly through smart contracts that enforce data sharing conditions. We find that perceived control significantly impacts willingness to share data. The effect is partially mediated by lower risk perceptions but not by trust in data buyers. The research shows the importance of perceived control for data sharing intentions, implying that data marketplace operators should provide noticeable control mechanisms to foster adoption. This research contributes to the broader platform control literature by theorising <em>reflective supply-side control</em>, an underexplored phenomenon where supply-side control (e.g., data owners) over the demand side (e.g., data buyers) shapes the supply side's own behaviour.</div></div>","PeriodicalId":49444,"journal":{"name":"Technovation","volume":"149 ","pages":"Article 103371"},"PeriodicalIF":10.9,"publicationDate":"2025-09-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145060497","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":"Driving business performance through green procurement policy: The power of supply chain information sharing for robust supply chain","authors":"Varun Chotia ,&nbsp;Mahak Sharma ,&nbsp;Rsha Alghafes ,&nbsp;Steven T. Walsh","doi":"10.1016/j.technovation.2025.103358","DOIUrl":"10.1016/j.technovation.2025.103358","url":null,"abstract":"<div><div>Few researchers seek to understand how firms can drive business performance through green procurement policy. Fewer still embrace the power of supply chain information sharing for robust supply chain management. If this is so, then there is a cause for concern. Here, the researchers used SmartPLS4 for data analysis and model testing, utilizing the mediating effects of supply chain resilience and supply chain robustness in the relationship between green procurement policy and business performance. The researchers found a positive association between supply chain information sharing, entrepreneurial orientation proactiveness, and green procurement policy. The results signify that supply chain resilience and supply chain robustness mediate the constructive association between green procurement policy and business performance. Our findings have practical implications where firms can promote information flow, foster proactive entrepreneurship, and enhance supply chains’ resilience and robustness to support green procurement strategies. By integrating these insights into their strategy, businesses can gain a competitive advantage in the global market while fulfilling their regulatory requirements and stakeholder expectations. Our research is the first to examine the mediating role of supply chain resilience and supply chain robustness in ensuring the impact of green procurement policy on enhancing business performance.</div></div>","PeriodicalId":49444,"journal":{"name":"Technovation","volume":"149 ","pages":"Article 103358"},"PeriodicalIF":10.9,"publicationDate":"2025-09-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145049109","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":"Business model innovation in traversing developed and emerging economies: An integrated systematic literature review","authors":"Mark Loon ,&nbsp;Lilian Otaye-Ebede ,&nbsp;Jim Stewart ,&nbsp;David Ahlstrom","doi":"10.1016/j.technovation.2025.103348","DOIUrl":"10.1016/j.technovation.2025.103348","url":null,"abstract":"<div><div>Business model innovation (BMI) is a complex phenomenon, made even more so in the international landscape involving emerging economies. The environment often afforded to firms traversing developed and emerging economies means that BMI is not an end to itself but a regular process involving changes to business models. This paper departs from the usual entity-based ontology of BMI to a more process-based ontology that highlights the nuances of innovation in and with business models as the role of business model innovation in a bifurcated world of developed and emerging economies is addressed. In doing so, we undertake an integrated systematic literature review using the Context-Intervention-Mechanism-Outcomes method to analyze 72 research articles between 2003 and 2024. Using storytelling to present the findings, the narrative initially starts with context of firms, usually from developed economies, that are venturing overseas employing multiple business models, to seek opportunities. The midpoint (i.e., intervention and mechanisms) of the story contains rich and nuanced developments involving firm capabilities and knowledge management initiatives in addressing emerging economy innovation and reverse innovation. The findings culminate with varying forms of BMI as outcomes. This work contributes to the research on business models by showing that the concept is more nuanced, as notions of innovation-enabling business models and business model reinnovation are explored. In addition, this work highlights the traversing between the bifurcated worlds of developed and emerging economies as a boundary condition of business model reinnovation. Finally, using the profiting-from-innovation as a lens, we highlight how business models are deployed in emerging economies as orchestrative mechanisms that enhances firms’ ability to profit from their innovations. We offer a mechanism-based perspective of business models that enable firms to reflexively identify and integrate dominant designs of emerging product innovations, its complementary assets and optimise appropriation regimes.</div></div>","PeriodicalId":49444,"journal":{"name":"Technovation","volume":"149 ","pages":"Article 103348"},"PeriodicalIF":10.9,"publicationDate":"2025-09-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145026276","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":"Changepoint model for energy-efficient technology diffusion: A comparative evaluation of empirical models","authors":"Shakshi Singhal ,&nbsp;Yasmeen Bano ,&nbsp;Prerna Gautam","doi":"10.1016/j.technovation.2025.103352","DOIUrl":"10.1016/j.technovation.2025.103352","url":null,"abstract":"<div><div>Energy-efficient technologies (EETs) such as electric vehicles (EVs) and photovoltaic (PV) solar installations are rapidly growing fields that are revolutionizing how we use and produce energy. The global emergence of these technologies has significantly reduced greenhouse gas emissions, global warming, air pollution, oil consumption, and dependence on fossil fuels. However, adopting these technologies has also raised concerns about energy justice and has sparked a fundamental question about how energy-efficient products should be disseminated in society. Accurate forecasting of the sales trajectory of environmentally friendly technologies is crucial for their continued development. The present research aims to develop a flexible changepoint model that can successfully forecast the diffusion paradigm of Energy-efficient technological innovations by randomly capturing the evolution of adoption rates over time. The proposed model is empirically tested using historical sales data of Electric vehicles (EVs) and photovoltaic (PV) solar installations. The robustness and prediction performance of the proposed model are compared with conventional models using two quantitative measures: Entropy Ranking (ER) and Variance Ranking (VR). Assessing different empirical models can help identify the most suitable model for specific innovations and markets. The finding suggests that the developed model has superior estimation and prediction capabilities.</div></div>","PeriodicalId":49444,"journal":{"name":"Technovation","volume":"149 ","pages":"Article 103352"},"PeriodicalIF":10.9,"publicationDate":"2025-09-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145019646","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":"To explore or exploit for legitimacy: The effect of retail investor environmental concern on corporate green technological innovation","authors":"Yanmin Shao ,&nbsp;Kunliang Xu ,&nbsp;Xunpeng Shi","doi":"10.1016/j.technovation.2025.103359","DOIUrl":"10.1016/j.technovation.2025.103359","url":null,"abstract":"<div><div>This study examines the impact of retail investor environmental concern (RIEC) on corporate exploratory and exploitative green technological innovation (GTI) within a theoretical underpinning centred on organisational legitimacy. The study posits that firms encountering an increased RIEC will encounter heightened environmental legitimacy pressure, facilitating their GTI participation. The cost-effectiveness of gaining legitimacy and the significance of breakthrough outcomes in proving environmental governance determination may lead firms to participate in both exploitative and exploratory GTI. Moreover, firms in competitive industries are anticipated to be more sensitive to legitimacy pressure from RIEC, thereby participating more in GTI. This study further argues that exploratory GTI holds greater potential in proving legitimacy and distinguishing firms from competitors. Thus, the impact of industry competitive intensity is more pronounced in enhancing the association between RIEC and exploratory GTI instead of exploitative GTI. Utilising a sample of 995 firms listed on the Chinese A-share market during 2010–2022, this study proposes a text-based measure of RIEC and validates the above conjecture. The findings provide valuable implications for stakeholders seeking to utilise RIEC in managing corporate GTI.</div></div>","PeriodicalId":49444,"journal":{"name":"Technovation","volume":"149 ","pages":"Article 103359"},"PeriodicalIF":10.9,"publicationDate":"2025-09-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145010669","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":"Feeling the heat? metaverse as a platform for motivating pro-environmental behaviour through consumers’ climate (change) engagement","authors":"Aman Kumar ,&nbsp;Amit Shankar ,&nbsp;Abhishek Behl ,&nbsp;Demetris Vrontis","doi":"10.1016/j.technovation.2025.103369","DOIUrl":"10.1016/j.technovation.2025.103369","url":null,"abstract":"<div><div>This study proposes to investigate how the metaverse experiences (usability, interactivity, personalization) influence their metaverse engagement. Further, this study also examines the influence of consumer climate (change) engagement dimensions on pro-environmental behaviour. A mixed-method approach was employed by collecting both qualitative and quantitative data to gain a comprehensive understanding of the conceptual framework. The findings of this study reveal that usability, interactivity and personalization are positively associated with consumer metaverse engagement. Further, consumer metaverse engagement is significantly associated with environmental knowledge and responsibility. Also, environmental knowledge and environmental responsibility are positively associated with pro-environmental behaviours. Finally, the results of this study reveal that climate change risk perception moderates the association between personalization and consumer metaverse engagement. The study is amongst the foremost research initiatives to examine the concept of consumer climate (change) engagement in the metaverse context. Further, this study enriches the metaverse and Uses and Gratification (U&amp;G) theory literature. In doing so, it repositions U&amp;G theory within the metaverse context and highlights its relevance for understanding consumer motivations and behaviours related to climate (change) engagement. Finally, this study provides several implications for brands, metaverse platforms, and other stakeholders interested in promoting pro-environmental behaviour within the metaverse.</div></div>","PeriodicalId":49444,"journal":{"name":"Technovation","volume":"149 ","pages":"Article 103369"},"PeriodicalIF":10.9,"publicationDate":"2025-09-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145003593","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":"Global minds, global funds: International top management and ICO fundraising in developing economies","authors":"Tingting Zhu ,&nbsp;Andrea Moro ,&nbsp;Johannes Gartner ,&nbsp;Elmar Puntaier ,&nbsp;Solomon Akele Abebe","doi":"10.1016/j.technovation.2025.103356","DOIUrl":"10.1016/j.technovation.2025.103356","url":null,"abstract":"<div><div>Drawing on the Resource-Based View (RBV), our study examines how C-level management team composition influences fundraising through Initial Coin Offerings (ICOs) in the context of developing countries. Using a dataset of 458 ICOs and Probit regression analyses, we find that born-digital ventures led by internationally diverse management teams attract more capital, as investors associate diversity with superior entrepreneurial skills and valuable tacit knowledge. Moreover, having a foreign CEO with strong entrepreneurial experience further increases investor confidence by helping investors to distinguish credible, competent teams. Our findings contribute to the RBV by showing that managerial diversity and skillsets stand out during an investor's screening process. We discuss implications for policymakers, investors and local entrepreneurs in developing countries.</div></div>","PeriodicalId":49444,"journal":{"name":"Technovation","volume":"149 ","pages":"Article 103356"},"PeriodicalIF":10.9,"publicationDate":"2025-09-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145004443","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":"Crowdfunding for entrepreneurship and digital technologies in the emerging markets: The role of informal and formal institutions","authors":"Ioanna Stylianou ,&nbsp;Christiana Anaxagorou ,&nbsp;Anthi Avloniti ,&nbsp;Christos Anagnostopoulos ,&nbsp;Monika Wieczorek-Kosmala","doi":"10.1016/j.technovation.2025.103353","DOIUrl":"10.1016/j.technovation.2025.103353","url":null,"abstract":"<div><div>Crowdfunding has become a global phenomenon and a significant source for funding entrepreneurial ventures. For the emerging markets in particular, crowdfunding has emerged as an alternative significant financing tool given the restricted access to financial resources. At the same time, during the last decade digital technology has drastically changed the global economy especially for the emerging markets. The aim of the paper is to investigate if and how the adoption of digital technologies in infrastructure, usage and empowerment in the emerging markets enhances crowdfunding target achievement and crowdfunding success. Further, we explore how the presence of strong <strong>s</strong>ociocultural (informal), economic and political institutions (formal) in the emerging markets is related with the adoption of digital technologies and, their direct impact on crowdfunding initiatives. Using a sample of 44 emerging economies over the period 2009–2023, our results indicate that the adoption of digital technologies support crowdfunding target achievement and success rate in emerging markets. Further, formal and informal institutions support crowdfunding investments, moderating at the same time the relationship between digital technology and crowdfunding target achievement and success. Our results bridge the gap in empirical research on crowdfunding adoption, shedding light on the role and importance of sociocultural, political and economic institutions in the emerging markets.</div></div>","PeriodicalId":49444,"journal":{"name":"Technovation","volume":"149 ","pages":"Article 103353"},"PeriodicalIF":10.9,"publicationDate":"2025-09-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144933523","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 novice to serial entrepreneur: How institutions influence relaunching decisions on international crowdfunding platforms","authors":"Ahmed Sewaid ,&nbsp;Shaker A. Zahra ,&nbsp;Sebastian Aparicio","doi":"10.1016/j.technovation.2025.103355","DOIUrl":"10.1016/j.technovation.2025.103355","url":null,"abstract":"<div><div>We examine the relationship between formal institutions and entrepreneurs' campaign launching decisions, drawing on institutional economics and using data from 177,499 crowdfunding campaigns across developed and developing countries. The findings highlight the significant influence of institutions in the use of crowdfunding platforms, with novice entrepreneurs considering policies governing local credit conditions and resolving insolvency in their initial decision to reuse the platform. However, the effect of local credit conditions diminishes after developing a record of accomplishment on the platform. Additionally, laws protecting minority investors and resolving insolvency have a greater impact for serial entrepreneurs. Our study provides insights into the role of institutions in entrepreneurial finance and serial entrepreneurship for both advanced and emerging economies.</div></div>","PeriodicalId":49444,"journal":{"name":"Technovation","volume":"149 ","pages":"Article 103355"},"PeriodicalIF":10.9,"publicationDate":"2025-09-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144926496","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":"Overcoming difficulties in knowledge transfer: Harnessing the power of AI to drive process innovation","authors":"Thomas Standaert,&nbsp;Petra Andries","doi":"10.1016/j.technovation.2025.103350","DOIUrl":"10.1016/j.technovation.2025.103350","url":null,"abstract":"<div><div>Process innovation is a crucial driver of firms’ competitiveness, but difficulties in knowledge transfer make it challenging. Drawing on the ability-motivation-opportunity framework for knowledge transfer, we propose that the scale on which firms deploy AI technologies has a positive impact on the likelihood they introduce process innovations, as AI overcomes human limitations related to the <em>ability</em> and <em>motivation</em> for knowledge transfer. Moreover, we argue that this relationship will be more pronounced when there is lower <em>opportunity</em> for interpersonal knowledge transfer, and in particular when firms (a) have a large number of employees, (b) do not provide on-site employee training, and (c) have higher employee turnover. We use a unique combination of survey and social balance sheet data on a sample of 2268 Belgian firms. Heckman maximum-likelihood probit models and several robustness tests confirm the majority of our hypotheses. The study enriches the literature on process innovation and knowledge management, and provides important theoretical and practical insights on how and under which circumstances AI can lead to a competitive advantage.</div></div>","PeriodicalId":49444,"journal":{"name":"Technovation","volume":"149 ","pages":"Article 103350"},"PeriodicalIF":10.9,"publicationDate":"2025-08-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144916425","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}