Elias G. Carayannis;Roman Dumitrescu;Tommy Falkowski;Nikos-Rigert Zota
{"title":"Empowering SMEs “Harnessing the Potential of Gen AI for Resilience and Competitiveness”","authors":"Elias G. Carayannis;Roman Dumitrescu;Tommy Falkowski;Nikos-Rigert Zota","doi":"10.1109/TEM.2024.3456820","DOIUrl":"https://doi.org/10.1109/TEM.2024.3456820","url":null,"abstract":"This study investigates how generative artificial intelligence (Gen AI) can enhance the resilience and competitiveness of small and medium enterprises (SMEs). The central question addressed is: How can SMEs leverage Gen AI to navigate challenges and capitalize on opportunities in an evolving digital landscape? We argue that Gen AI offers transformative potential for SMEs by automating processes, enhancing decision-making and fostering innovation, thereby improving their ability to adapt and thrive amidst market uncertainties. Through a comprehensive analysis of SMEs and Gen AI, this article underscores the importance of strategic AI integration, addresses the associated challenges, and provides policy recommendations to support SMEs in harnessing AI for sustainable growth. By exploring real-world examples and theoretical insights, we aim to equip SMEs with the directions, actions, and strategies necessary to succeed in the Gen AI era.","PeriodicalId":55009,"journal":{"name":"IEEE Transactions on Engineering Management","volume":null,"pages":null},"PeriodicalIF":4.6,"publicationDate":"2024-09-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142368311","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Exploiting the Potential of Invalid Patents as a Source of Technology Opportunities: Evidence From CCUS Technology","authors":"Weiwei Liu;Jingyi Yao;Kexin Bi","doi":"10.1109/TEM.2024.3456136","DOIUrl":"https://doi.org/10.1109/TEM.2024.3456136","url":null,"abstract":"Technology opportunity analysis is an important prerequisite for the successful implementation of technological innovation activities, which is not only the basis for obtaining the initiative of innovation but also the key to occupying the technological heights of the industry. Therefore, in this article, we propose a framework that serves the monitoring of development opportunities in a specific technology field. Unlike the current alternatives, the proposed approach considers the attributes of the patent itself. On the one hand, invalid patents are integrated into the study by contrasting their R&D trends with those of valid patents. On the other hand, the contribution of a single patent to a particular technology is taken into consideration by the construction of the patent value evaluation system. The framework introduces the latent Dirichlet allocation model to identify the technology topics involved in the patent. Then, a 3-D indicator system, including technical, legal, and economic dimensions, is constructed to evaluate the importance of patents. Finally, a measure for dividing the life cycle of a technology topic is proposed to visualize the trend of each technology topic. The result is a more holistic and richer landscape covering the entire life cycle of the targeted technology, from emerging to declining. A case study specializing in global carbon capture, utilization, and storage technology demonstrates this approach. The results of the analysis are highly consistent with current technology trends, suggesting that the method could serve as a useful reference tool for discovering technology opportunities and defining new R&D strategies.","PeriodicalId":55009,"journal":{"name":"IEEE Transactions on Engineering Management","volume":null,"pages":null},"PeriodicalIF":4.6,"publicationDate":"2024-09-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142320399","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Sambit Brata Rath;Preetam Basu;Tsan-Ming Choi;Prasenjit Mandal
{"title":"FinTech for Supply Chain Operations: Platform Credit Financing","authors":"Sambit Brata Rath;Preetam Basu;Tsan-Ming Choi;Prasenjit Mandal","doi":"10.1109/TEM.2024.3453595","DOIUrl":"https://doi.org/10.1109/TEM.2024.3453595","url":null,"abstract":"Traditionally, in supply chain management, manufacturers such as \u0000<italic>Hewlett-Packard</i>\u0000 and \u0000<italic>Procter&Gamble</i>\u0000 fund their downstream retailers through \u0000<italic>trade credit financing</i>\u0000 (TCF). Recently, with the advance of FinTech, platforms have also implemented innovative financing schemes called \u0000<italic>platform credit financing</i>\u0000 (PCF). Both TCF and PCF are risky, which expose the lender to operational risks. Motivated by these real-world practices, we model a three-echelon supply chain in which a capital-constrained retailer, exposed to operational risk, orders from the manufacturer and sells on an online platform. We explore TCF and PCF, and determine the retailer's optimal financing options based on her operational risk and the platform's referral fee for the product category. Our results show that PCF becomes profitable for all three entities when the retailer's operational risk level is high. This result justifies the successful adoption of PCF under a high operational risk scenario where it becomes challenging for the retailer to obtain financing through traditional modes. We also find that TCF may achieve a win-win-win outcome in the presence of a loss-averse lender or in the partial demand fulfillment scenario. To derive more insights and check for the robustness of core findings, we examine several extended cases.","PeriodicalId":55009,"journal":{"name":"IEEE Transactions on Engineering Management","volume":null,"pages":null},"PeriodicalIF":4.6,"publicationDate":"2024-09-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142434642","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Project Portfolio Network Risk Propagation Modeling: A Risk Perception Perspective","authors":"Libiao Bai;Chenshuo Wang;Yichen Sun;Xiaoyan Xie;Tiantian Tang;Qi Xie","doi":"10.1109/TEM.2024.3455310","DOIUrl":"https://doi.org/10.1109/TEM.2024.3455310","url":null,"abstract":"Risks and resulting propagating accidents pose considerable threats to the stability of project portfolio network (PPN). To maintain PPN stability, a PPN risk propagation model considering risk perception is constructed. First, a PPN is developed to concurrently visualize the risk propagation paths and the risk perception diffusion paths. Second, modifications to the disaster spreading model are made to construct the PPN risk propagation model supporting more realistic simulations. The model is then applied to numerical simulations, yielding risk propagation mitigation measures. The results suggest that risk mitigation is facilitated by increased trust among project managers, moderate differences in initial project manager risk perceptions, a homogeneous PPN topology, and a tendency to allocate recovery resources based on node degree centrality. These findings guide enterprise administrators in risk decision-making, contributing to stable PPN operations.","PeriodicalId":55009,"journal":{"name":"IEEE Transactions on Engineering Management","volume":null,"pages":null},"PeriodicalIF":4.6,"publicationDate":"2024-09-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142320471","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Environmental Regulations-Enabled External Knowledge Acquisition and Proactive Environmental Strategy: The Moderating Effect of Social Media Capability","authors":"Xiaocui Li;Nengmin Wang;Bin Jiang;Tao Jia","doi":"10.1109/TEM.2024.3454775","DOIUrl":"https://doi.org/10.1109/TEM.2024.3454775","url":null,"abstract":"A proactive environmental strategy (PES) serves as an impactful and effective way to alleviate a firm's adverse environmental impact, and environmental regulations are widely recognized as primary and crucial for promoting a PES. However, most studies in the PES field overlook the pivotal role of external knowledge acquisition and social media capability. Therefore, we have developed a theoretical model drawing on institutional and resource-dependent theories to address this gap. This model examines how different types of environmental regulations, such as market-based incentive regulation (MBI) and command-and-control regulation (CAC), enabled external knowledge acquisition on PES and how social media capability moderates these relationships. We conducted a survey involving 385 Chinese manufacturing firms and follow-up interviews with top managers to test our model. The findings indicate that MBI and CAC positively influence a firm's external knowledge acquisition for PES. However, it is worth noting that MBI exhibits a more substantial effect than CAC. Furthermore, the influence of social media capability on external knowledge acquisition varies depending on the specific dimension of environmental regulations under consideration. These results hold significant implications for organizations aiming to leverage diverse types of environmental regulations and harness the power of social media capability to bolster their proactive environmental strategies. Finally, given the varying levels of development and economic conditions across China, and the fact that these differences will change over time, future research should consider conducting comparative studies to understand PES at a regional level, by using more empirical methods, such as longitudinal research designs and case studies.","PeriodicalId":55009,"journal":{"name":"IEEE Transactions on Engineering Management","volume":null,"pages":null},"PeriodicalIF":4.6,"publicationDate":"2024-09-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142320398","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Mixed-Ownership Reform and Innovation: An Examination of State-Owned Enterprises","authors":"Haiping Fu;Saixing Zeng;Daxin Sun;Jiawei Lin","doi":"10.1109/TEM.2024.3454715","DOIUrl":"https://doi.org/10.1109/TEM.2024.3454715","url":null,"abstract":"Prior literature on ownership suggests that in the majority of cases, state ownership in state-owned enterprises (SOEs) is not an optimal structure for firm performance, especially in emerging economies. Mixed-ownership structures are designed to overcome this disadvantage. However, their impacts on innovation are not well understood. We examine whether and how SOEs’ innovation efforts benefit from mixed-ownership reform, using a sample of 375 publicly listed SOEs operating in China between 2003 and 2019. We discuss principal–principal and principal–agent conflicts in SOEs and argue that the increase in managerial autonomy that accompanies mixed-ownership reform releases SOEs from state control and orients them toward engagement with market forces, encouraging higher levels of innovation. Our results suggest that both the frequency and the impact of innovation in SOEs are improved by mixed-ownership reform. We further find that this relationship is more pronounced when SOEs are affiliated with the central government, and it is strengthened through an anticorruption policy. This study provides fresh insights into the role of mixed-ownership reform in emerging economies.","PeriodicalId":55009,"journal":{"name":"IEEE Transactions on Engineering Management","volume":null,"pages":null},"PeriodicalIF":4.6,"publicationDate":"2024-09-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142246500","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Identifying the Differences in Innovation Attributes in Creating Organizational Performance With an Integrated Approach","authors":"Chih-Hsing Liu;I-An Wang;Jun-You Lin","doi":"10.1109/TEM.2024.3454792","DOIUrl":"https://doi.org/10.1109/TEM.2024.3454792","url":null,"abstract":"Innovation is widely acknowledged as crucial in determining a firm's survival and growth. In this article, we enhance the current understanding of business and management by identifying key characteristics and presenting a novel perspective on the antecedents and consequences of innovation performance. By analyzing a dataset of 13 841 entries from the Taiwanese Technological Innovation Survey, this research utilizes a resource-based view to support the proposed hypotheses. The empirical results demonstrate that innovation breadth and protection have direct effects on innovation capability, which, in turn, significantly impact innovation performance. This confirms the mediating role of innovation capability. Furthermore, the study investigates the moderating role of innovation barriers in the relationships among innovation breadth, protection, and capability. The theoretical and managerial implications are discussed in the final section, highlighting the relevance of these findings for both academic research and practical applications in industry.","PeriodicalId":55009,"journal":{"name":"IEEE Transactions on Engineering Management","volume":null,"pages":null},"PeriodicalIF":4.6,"publicationDate":"2024-09-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142524182","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Fatemeh S. Shahmehr;Seyed Mohammad Sadegh Khaksar;Shah J. Miah;Mahdieh Mokhtari Moughari;Tugrul Daim
{"title":"Reconciling Technophilia and Technophobia Using Intrarole Identity Tensions: A Paradox Theory Perspective","authors":"Fatemeh S. Shahmehr;Seyed Mohammad Sadegh Khaksar;Shah J. Miah;Mahdieh Mokhtari Moughari;Tugrul Daim","doi":"10.1109/TEM.2024.3454547","DOIUrl":"https://doi.org/10.1109/TEM.2024.3454547","url":null,"abstract":"The application of social service robots in organizational contexts may be perceived negatively or positively, shaping varying forms of intrarole identities. Positive perceptions and attitudes are mostly referred to the concept of technophilia, a strong enthusiasm for new technologies. In contrast, negative perceptions are explained by the concept of technophobia, the fear or aversion to technology. There is a limited understanding of how both technophilia and technophobia traits can together cause paradoxical tensions in a role, making opposing sides of the role salient. In this article, we aim to unpack the theoretical grounds of technophilia and technophobia traits by identifying intrarole paradoxical tensions. Identifying these tensions can offer a well-adjusted explanation of how contradictions within a role evolve and persist in times of using technologies. We applied a grounded theory methodology to generating and conceptualizing data to eventually help the emergence of concepts that shape the technophilia–technophobia spectrum. We identified and conceptualized three intrarole identity paradoxical tensions: caring identity–controlling identity; technology leadership identity–technology followership identity; and autonomous identity–coercive identity. These paradoxical tensions reveal why employees uphold both technophilia–technophobia traits simultaneously when using social service robots. We also articulated the coping strategies that employees maintain to strike a balance between opposing identities.","PeriodicalId":55009,"journal":{"name":"IEEE Transactions on Engineering Management","volume":null,"pages":null},"PeriodicalIF":4.6,"publicationDate":"2024-09-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142246538","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Digital Transformation and Green Investment of Heavily Polluting Enterprises: The Threshold Effects of Heterogeneous Environmental Regulations","authors":"Boqiang Lin;Aochen Sun;Yongjing Xie","doi":"10.1109/TEM.2024.3453961","DOIUrl":"https://doi.org/10.1109/TEM.2024.3453961","url":null,"abstract":"Green investment is an effective way for heavily polluting enterprises to balance business and sustainable development goals. With digital transformation bringing profound changes to enterprises in the digital economy era, whether digital transformation may drive green investment in heavily polluting enterprises is still not thoroughly studied, and the role of various types of environmental regulations in this impact has been neglected. Therefore, utilizing panel data from 435 Chinese listed heavily polluting enterprises from 2011 to 2021, this study investigated the impact of digital transformation on green investment and examined the threshold effects of environmental regulations in this relationship. The findings reveal that: 1) digital transformation significantly promotes the green investment of heavily polluting enterprises and indirectly fosters green investment by alleviating financing constraints; 2) there exists a nonlinear impact of digital transformation on green investment depending on the type of environmental regulation. When command-control environmental regulation intensity exceeds the threshold, the contribution of digital transformation to green investment is amplified. When incentive-based environmental regulation exceeds the threshold, the contribution of digital transformation to green investment weakens; and 3) the heterogeneity analysis suggests that for small and medium-sized, key monitored, and well-controlled heavily polluting enterprises, the positive effect of digital transformation on green investment is particularly prominent. Based on these conclusions, we proposed targeted managerial and policy implications.","PeriodicalId":55009,"journal":{"name":"IEEE Transactions on Engineering Management","volume":null,"pages":null},"PeriodicalIF":4.6,"publicationDate":"2024-09-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142246499","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Patent Analysis for Identifying Core Technology and Forecasting Promising Technology in Medical Imaging Equipment","authors":"Zhiguo Cai;Yang Zhou;Yi Xu;Zhiying Liu","doi":"10.1109/TEM.2024.3453652","DOIUrl":"https://doi.org/10.1109/TEM.2024.3453652","url":null,"abstract":"Medical imaging equipment (MIE) is regarded as a crucial facility in the 21st century. Its noninvasive and safe nature in providing diagnostic images or guiding treatments has garnered significant attention from global health organizations. Unfortunately, there is a lack of research on core and promising technologies in MIE, resulting in insufficient information for government investment decision-making. To address this research gap, this article presents a three-stage patent mining framework. First, patents are scored using the entropy-weight and technique for order preference by similarity to an ideal solution method. Then, the LDA model is applied to identify core technology in MIE based on topic intensity and average patent scores within each topic. Among the identified core technologies, the novelty calculation further confirms that “endoscopy” and “radiation therapy” are promising technologies in medical imaging. Last, the article discusses the distribution and competition landscape of each technology across countries. The findings of this article offer guidance for government investments in MIE and provide data support for decision-making by research and development institutions.","PeriodicalId":55009,"journal":{"name":"IEEE Transactions on Engineering Management","volume":null,"pages":null},"PeriodicalIF":4.6,"publicationDate":"2024-09-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142173902","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}