Books and book chapters

Abstract

Creating new manufacturing systems or changing existing ones are both time-consuming and cost-sensitive. Errors in system development not only lead to financial losses and setbacks in market competition but also generate wasteful operations that are unsustainable. Digital twin technology offers a solution by replicating the behavior of complex systems in a virtual environment. This approach reduces the resources required for system development and enables the creation of a more efficient system in a shorter timeframe. This paper sheds light on the wasteful aspects of system development and introduces a digital twin-based agile system development life cycle (DT-Sustain).

Abstract

Open innovation requires the correct diagnosis of the situation, a differentiated value proposal, and a coherent, consistent action plan. In at least the first phases of this related funnel, open innovation can profit tremendously from artificial intelligence (AI) applications. How? Today, numerous sources of unstructured and scattered information, which may provide strategic insights, are accessible and can be automatically and systematically scanned and analyzed by AI algorithms. For example, the main sources of a company's strategic information are the evolving scientific research on its core competencies; the emergence of synergistic startups; the company's expansion decisions, new product launches, patents, and research and development investments; and its economic and financial results. While open innovation is subject to human cognitive biases, AI applications help overcome these biases and use metadata far beyond human respective ecosystems. This chapter explores the possibilities and limits of AI-enabled open innovation.

Abstract

The disruptive impact of digital technologies opens the opportunity to redefine the innovation ecosystems across (and between) several industries. To respond to this challenge, several initiatives were funded all over Germany. The Research Campus ARENA2036 at the University of Stuttgart oversees the platform for research and innovation on the topic of mobility and production of the future. This article describes the creation of ARENA2036, its organizing mechanisms, and its function as a catalyst for collaborative innovation. The article ends with a summary of the lessons learned in its first years of operation and an outlook on the future challenges.

Abstract

The growing dynamics of innovation and productivity are challenges that are met by companies with the constant development of new technologies and business models-the logic with which they create and capture value. Especially in the face of the grand challenge of climate change, looking for energy efficient solutions offers opportunities not only for big companies in metropolitan areas, but also for small and medium sized companies in rural areas. This study therefore investigates similarities and differences of SMEs in an energy intensive industry that are situated in a specific, geographic border region regarding dependencies between networks, energy efficiency, and success. These three dimensions are analyzed in a qualitative study leading to implications for energy efficient solutions. This study contributes to existing research on sustainable collaborative business models by suggesting the inclusion of cross border networking and circular economy aspects.

Abstract

This book discusses several product development strategies and tools employed by organizations around the world to implement frugal innovations. Over the past decade, frugal innovations have caught the attention of countless management scholars. This book comes at the right time for academics and practitioners alike, as it explores how the concept of frugal innovation has evolved over the past several years and is shifting its focus from merely featuring ‘cost’ driven innovations to being more ‘resourceful’ and ‘sustainable’ at its core. Furthermore, in light of the ongoing digital revolution and emergence of new business models such as sharing economy and circular economy, the book highlights recent and upcoming trends and their impacts on frugal innovation strategies.

Abstract

Das Management von Forschung und Entwicklung ist eine der wichtigsten unternehmerischen Funktionen, insbesondere in technologierorientierten Branchen. Vor diesem Hintergrund bietet dieses Buch einen umfassenden Überblick aller strategischen, operativen und taktischen Maßnahmen, die für ein erfolgreiches F&E Management notwendig sind. Darüber hinaus werden bewährte Tools und Best Practices vorgestellt, welche im F&E Management eingesetzt werden.

Abstract

Research on the lead user method has been conducted for more than thirty years and has shown that the method is more likely to generate breakthrough innovation than traditional market research tools. Based on a systematic literature review, this paper shows a detailed view on the broad variety of research on lead user characteristics, lead user processes, lead user identification and application, and success factors. The main challenge of the lead user method as identified in literature is the resource issue regarding time, manpower, and costs. Also, internal acceptance and the processing of the method have been spotted in literature, as well as the intellectual property protection issue. From the starting point of the initial lead user method process introduced by Lüthje and Herstatt (2004), results are integrated into a revisited view on the lead user method process. In addition, concrete suggestions for corporate realization options are given. The article closes with limitations and future research suggestions.

Abstract

Prior literature analysed why incubators exist and how to differentiate the various incubator types. However, measures that lead incubators to run as independent, self-sufficient incubation ecosystems (i.e. without the dependence on subsidies) remain largely absent. Based on a survey with 71 incubators, our results implied differences between the two groups in regard to their business models, with indications of significant differences in the customer value proposition, the profit formula, as well as the key resources and processes provided. The findings support previous claims regarding the need for a profit driven nature, regardless of business profit orientation, as well as generating diverse income streams to cover operational costs. Moreover, new insights on key elements of incubators’ business models within start-up incubation ecosystems are presented. With this chapter, practitioners as well as researchers will gain a further understanding of the success factors of self-sufficient incubators that contribute to functioning incubation ecosystem

Abstract

Even though the number of working women has steadily increased over the last few years, women are still significantly under-represented in STEM activities (i.e. mathematics, informatics, science and technology). In order to eliminate this under-representation, numerous education policies and corporate initiatives, particularly in the recent past, have been aimed at increasing women's enthusiasm for STEM activities and professions. According to the latest surveys, however, it is clear that these efforts have not yet led to the desired success. Compared to their male counterparts, women continue to do fewer STEM activities. One possible reason for this is that relatively little is yet known about the concrete impact of the above education policies on working with innovation and technology: What are the gender differences between women and men? Is it enough to recognize these differences, or should these differences ideally not only be recognized, but also treated appropriately or even encouraged? This anthology deals with current topics in technology and innovation management against the background of these and other gender-relevant aspects. Empirical analyses and experiments in collaboration with companies from various sectors provide a sound scientific basis on which new results and findings are presented: How do women and men deal with creativity and competition? How are technologies applied and how can differences in access to technology be deduced? Answers to these and other questions help decision-makers in politics and business to proactively use the differences between women and men to motivate women to work in the STEM field and to strengthen them by acknowledging existing differences.

Abstract

Frugal innovation is emerging as a growing trend in both the developing and developed parts of the world. In developing countries, such cost-effective and accessible frugal innovations are necessary to overcome extreme conditions and existing resource constraints. In developed countries, however, companies are engaging in frugal innovations due to the growing awareness of eco-friendly and sustainable consumption (Kroll, Gabriel, Braun, & Engasser, 2017). Hence, companies are increasingly adopting new technologies to get on the wave of frugal innovation and are successfully developing more accessible and resourceful solutions (Weill & Woerner, 2013). Leading technologies such as mobile services, cloud technologies, 3D printing, and machine learning, are consistently being used to develop frugal innovations on a global scale. Recent literature has emphasised the role of new technologies as enablers of frugal innovation. However, insight on such innovations is limited (Ahuja & Chan, 2014; Agarwal & Brem 2017b). Prior research has rather focused on exploring the unique conditions of emerging markets as well as understanding the needs of bottom-of-the-pyramid customer segments (Radjou & Prabhu, 2016). Thus, the question of how new technologies can be utilised to address specific requirements of resource-constrained customers is still unanswered. Therefore, this chapter investigates multiple cases of technology-enabled frugal innovation across the globe. The aim is to understand how the new technologies are being used to develop frugal innovations that meet the needs of resource-constrained customers. For this purpose, six cases of technology-enabled frugal innovations from different industries are investigated.

Abstract

Das Ideenmanagement und dessen Vorläufer, das Betriebliche Vorschlagswesen, gelten mit Fug und Recht als eine Keimzelle der Betriebswirtschaftslehre, denn bereits im 19. Jahrhundert haben sich Bürger, Politiker und Unternehmer Gedanken gemacht, wie die Ideen der Mitarbeitenden in der sich beginnenden Industrialisierung bestmöglich genutzt werden können. Vor diesem Hintergrund haben wir uns als zwei Generationen von Forschern zu einem wissenschaftlichen Gespräch verabredet, um Ein- und Ausblicke auf das Ideenmanagement zu geben: Norbert Thom (NT), geboren 1946, und Alexander Brem (AB), geboren 197

Abstract

Das Management von Forschung und Entwicklung ist eine der wichtigsten unternehmerischen Funktionen, insbesondere in technologierorientierten Branchen. Vor diesem Hintergrund bietet dieses Buch einen umfassenden Überblick aller strategischen, operativen und taktischen Maßnahmen, die für ein erfolgreiches F&E Management notwendig sind. Darüber hinaus werden bewährte Tools und Best Practices vorgestellt, welche im F&E Management eingesetzt werden.

Abstract

Understanding charismatic speech becomes a highly relevant issue in times of globalized markets and mobile on-demand mass media that strengthen the influence of individuals. Pushing phonetic research further into the realm of non-lexical charisma triggers, the present study is the first to investigate the combined effects of variation in attire and prosody on the perception of male and female speaker charisma. A perception experiment was carried out with Attire and Prosody as independent variables, each with two manipulation steps and embedded in a 2 × 2 orthogonal design. A total of 53 participants took part in the experiment and rated eight senior business leaders of well-known US American companies, four males and four females, on three approved charisma-related scales: convincing, passionate, charming. The audio-visual stimuli consisted of a keynote-speech excerpt of a speaker in combination with a matching photograph. Results clearly show that both Attire and Prosody had significant effects on the speakers’ perceived charisma. The charisma effects of Attire and Prosody are additive, but in gender-specific ways and with gender-specific effect sizes. A bipartite results pattern among the female speakers further suggests that it depends on their physical attractiveness whether Attire and Prosody conditions have a charisma-supporting or charisma-reducing effect. The results are discussed in terms of their practical implications for the daily business life of men and women.

Abstract

The present study investigates acoustic features of charismatic speech using a case study. There is an ongoing myth regarding the first ever televised presidential debate on September 26, 1960, between John F. Kennedy (who emerged as the winner of the debate) and Richard M. Nixon. The myth states that while Kennedy clearly won amongst the TV audience, Nixon was actually the winner among radio listeners. The question that appears is if the debate had only been broadcast over the radio (as in previous years), would Nixon’s tone of voice have helped him to victory over Kennedy? In a nutshell, based on current research on speaker charisma, this myth turns out to be plausible with certain reservations: Our results indicate that Nixon’s tone of voice corresponds more closely to what is nowadays known about charismatic voices as opposed to Kennedy’s tone of voice.

Abstract

The present study investigates acoustic features of charismatic speech using a case study. There is an ongoing myth regarding the first ever televised presidential debate on September 26, 1960, between John F. Kennedy (who emerged as the winner of the debate) and Richard M. Nixon. The myth states that while Kennedy clearly won amongst the TV audience, Nixon was actually the winner among radio listeners. The question that appears is if the debate had only been broadcast over the radio (as in previous years), would Nixon’s tone of voice have helped him to victory over Kennedy? In a nutshell, based on current research on speaker charisma, this myth turns out to be plausible with certain reservations: Our results indicate that Nixon’s tone of voice corresponds more closely to what is nowadays known about charismatic voices as opposed to Kennedy’s tone of voice.

Abstract

Ideen auf Knopfdruck: Kreativworkshops und Kreativitätstechniken   •             Was bei der Planung und Durchführung von Kreativitäts-Workshops zu beachten ist •             50 Kreativtechniken: intuitiv-kreative und systematisch-analytische Techniken •             Toolbox für Unternehmen und Start-ups   Innovative Ideen, die Kunden und Menschen überzeugen, sind in Unternehmen immer wieder aufs Neue gefragt. Aber Ideen auf Knopfdruck zu produzieren, ist nicht einfach. Was tun, wenn der zündende Gedanke fehlt? Verschiedene Methoden können helfen, in den Kreativmodus zu gelangen. Die Toolbox fasst das grundlegende Know-how zusammen, das zur Planung und Durchführung von Kreativworkshops notwendig ist, und stellt 50 klassische und neue Kreativitätstechniken vor, die kreatives Denken erfolgreich fördern

Abstract

Managing Innovation is a three-part series covering contemporary technology and innovation management research areas. Each volume comprises key articles from both the International Journal of Innovation Management and the International Journal of Innovation and Technology Management and provides an international, disciplinary approach across its broad coverage of topics. Relevant for both academics and practitioners, this volume looks at the international aspects of innovation with case studies from China, Germany, India and Russi

Abstract

Managing Innovation is a three-part series covering contemporary technology and innovation management research areas. Each volume comprises key articles from both the International Journal of Innovation Management and the International Journal of Innovation and Technology Management and provides an international, disciplinary approach across its broad coverage of topics. Relevant for both academics and practitioners, this volume focuses on key aspects of crowd innovation including motivations, challenges and benefits of this approac

Abstract

These days, crowdfunding has become an established tool for entrepreneurial financing. Beyond that, it also established a new way of innovation marketing, especially for high-tech products: using crowdfunding to find out if there is a market for the product. Without the goal of collecting money for the start-up, this approach makes a new strategic approach necessary how to setup entrepreneurial commercialization strategies. This chapter offers insights into such crowdfunding behavior, and how technology entrepreneurs can make use of it. For this, a market theory perspective is taken on crowdfunding platforms, with implications for theory and practice.

Abstract

Innovation contributes to corporate competitiveness, economic performance, and environmental sustainability. In the Internet era, innovation intelligence is transferred across borders and languages at an unprecedented rate, yet the ability to benefit from it seems to become more divergent among different corporations and countries. How much an organization can benefit from innovation largely depends on how well innovation is managed in it. Thus, there is a discernible increase in interest in the study of innovation management. This handbook provides a comprehensive guide to this subject.  The handbook introduces the basic framework of innovation and innovation management. It also presents innovation management from the perspectives of strategy, organization, resource, as well as institution and culture. The book's comprehensive coverage on all areas of innovation management makes this a very useful reference for anyone interested in the subjec

Abstract

Internationalization is a hot topic in innovation management, whereby the phenomenon of "Born Globals" is still limited to research in the domains of Entrepreneurship and International Management. As business model design plays a key role for Born Globals, we link these two concepts. For this, we propose hypotheses about the influence of efficiencycentered and novelty-centered business model design on international firm performance. To test these hypotheses, we performed a quantitative survey with 252 founders of international companies in Germany, Switzerland and Liechtenstein. Additionally, we gained further insights through a case study analysis of 11 Born Globals. The results show that business model design matters to international firm performance and the business model design of Born Globals tends to be more efficiency-centered. Based on a multiple case study, we analyzed business models in a more sophisticated way and derived propositions that yielded in an archetype of a Born Global's business model.

Abstract

This book addresses the issue of managing modern medical innovations through an inductive approach of looking into cases before putting forward solutions in terms of strategies and tools. It provides a model for the designing and implementation of effective healthcare technology management (HTM) systems in hospitals and healthcare provider settings, as well as promotes a new method of analysis of hospital organization for decision-making regarding technology to deliver better medical technological innovations. Given that medical innovations are mostly driven by technology (bottom-up) rather than top-down desires from the medical profession, the authors propose a strategy to manage medical technological innovations by finding a balance between bottom-up innovations (taking into consideration constraints, or standard for conformity, such as HL7) and what medical professionals want and need. In this book, the authors evaluate the issues of innovation strategies and present survey tools available to implement good designs. Case studies are used to demonstrate some of the applications areas of concepts and ideas outlined in the book. Managing Medical Technological Innovations is organized in three parts. Part 1 covers innovation strategies, laying the groundwork and concepts in design thinking. Part 2 follows by presenting the tools available for implementation. And finally, Part 3 uses the case studies of pharmaceutical firms in China and Holland's hospital medical record management system to illustrate how these ideas and methodologies have been applie

Abstract

Corporate innovation management geared to long-term success calls for a strategy to grow innovations into a substantial competitive advantage. This, however, coincides with an enormous failure-rate at the market, especially in the field of breakthrough innovations. Hence, in recent times, companies are trying to alleviate the risk of lacking user-acceptance through opening their innovation processes to external actors, particularly customers. The method of integrating lead users is determined by the effective and systematic identification of leading-edge customers, which is considered to be a critical phase within this approach. With the arrival of Web 2.0 applications, there is a huge potential to improve these selection processes. Our research into online communities and weblogs scrutinised the search criteria in an online environment and revealed the following characteristics as crucial factors for the online identification of lead users: being ahead of a market trend, high expected benefits, user expertise and motivation, extreme user needs as well as opinion leadership and an online commitment.

Abstract

Digital technologies have become a new economic and social force, reshaping traditional business models, strategies, structures, and processes. Digital entrepreneurship, which focuses on creating new ventures and transforming existing businesses by developing novel digital technologies or their novel usage, is seen as a critical pillar for economic growth, job creation, and innovation by many countries. Further, digital technologies have also enabled the growth of the sharing economy, linking owners and users and disrupting the previous dualism of businesses and customers.This volume discusses the management of new technology-based firms and technology projects initiated in academic or industrial contexts. The contributions feature new theoretical concepts, ethical considerations, empirical data analysis (qualitative and quantitative), archival and historical methods, design science approaches, action and field research, as well as management science methods, informatics and cybernetics.

Abstract

Technological innovations open opportunities for new entrants (techno-entrepreneurs) to transform and recreate industries, as they come as so called “innovation shocks”. These shocks can change technology trajectories and make irrelevant existing regulatory frameworks. It is unclear, however, what is the interplay between technology evolution, entrepreneurship, and regulation. We explore the case of the drone industry emergence to extract insights on how different profiles of new entrants respond to distinct regulatory frameworks, aiming to decipher the effect that those have on the exploration and development of new tech-based innovation opportunities. Our findings suggest that more attention should be given to the impact that regulatory responses can have on the short and long term development of emerging technological fields. We propose a process framework to make sense of the possible outcomes of distinct regulatory responses, elaborating on the consequences it has on entrepreneurial activity and overall market growth.

Abstract

Managing Innovation is a three-part series covering contemporary technology and innovation management research areas. Each volume comprises key articles from both the International Journal of Innovation Management and the International Journal of Innovation and Technology Management and provides an international, disciplinary approach across its broad coverage of topics. Relevant for both academics and practitioners, this volume answers how organisations can develop innovative approaches from a perspective that encompasses technological advances, changes in the market and individual entrepreneur

Abstract

Understanding how a new digital technology can translate into a valuable innovation is a challenge for established players and new entrants. For industrial players in an ecosystem, it can be both a threat and an opportunity. Furthermore, the new technologies open collaboration opportunities between corporates and start-ups. But it remains unclear what are the consequences of opening up and whether it has an impact on the innovation dynamics in the industrial ecosystem. We use the case of the wind industry in Denmark, as a maturing industrial ecosystem, to study when and how the new entrants (technology entrepreneurs) have had an impact on the innovation dynamics. We first combine archival data with interviews to build a historical account of the evolution of the industrial ecosystem; then we incorporate data from the new entrants in the industry to specify the types of innovations that the most recent digital technology entrepreneurs have triggered. The results suggest differences in the innovation dynamics depending on the value chain position. While some activities have remained rather closed (for instance, the technological development of the core elements in the wind turbines), the operations and maintenance activities have profited from digital technologies introduced by new entrants. Using these insights, we present and discuss suggestions to institutional actors interested in protecting the innovation leadership of their regional industrial ecosystems.

Abstract

This book captures recent research on managing mobile technologies. It provides a handbook-style reference to professionals in different industries to help them manage the very latest technologies that have become a part of every business today. The book reviews multiple perspectives of the challenges brought by the introduction of mobile technologies into our lives. The technical perspective covers major constructs at play; the organizational perspective reviews international cases; and the personal perspective investigates the adoption of emerging applications and their impact. By reviewing multiple perspectives, readers will be able to adopt a tool to manage the complexities and challenges brought by the mobile technologies.

Abstract

Qualitative Forschung in der Betriebswirtschaftslehre – ein nach wie vor oft vernachlässigtes Thema. Denn schwerpunktmäßig werden qualitative Verfahren vorwiegend in soziologischen Bereichen angewandt, obwohl in vielen Lehrbüchern zur empirischen Forschung die Zusammengehörigkeit von quantitativen und qualitativen Verfahren – auch in der Betriebswirtschaftslehre – beschworen wird. Vor diesem Hintergrund stellt vorliegender Beitrag die historische Entwicklung der Wissenschaftsziele in der Betriebswirtschaft dar, um über die Mischform der angewandten Forschung auf die Rahmenbedingungen für anwendungsorientierte, qualitativ-empirische Forschung in der Betriebswirtschaftslehre zu sprechen zu kommen. Nach der Definition elementarer Begrifflichkeiten wie Bezugsrahmen, Modell und Theorie und der Abgrenzung quantitativer zu qualitativer Forschung schließt der Beitrag mit dem Vorschlag einer theoriegenerierenden Forschungsstrategie für qualitative Untersuchungen im betriebswirtschaftlichen Kontext.

Abstract

A rich body of literature has emerged from research on Western new product development (NPD). However, the impact of country- and culture-specific influences on these processes has not been examined in detail yet. Hence, this study identifies the differences in NPD practices between the Indian and German research and development (R & D) subsidiaries of multinational companies (MNCs). Data have been generated by interviews with R & D executives in both countries across multiple cases. The study samples strategic, organisational, and operational aspects and indicates differences in process coordination, reward systems, NPD creativity techniques, market orientation, and the average age of NPD teams. Other aspects, such as top management support, the use of structured NPD processes, and the use of heterogeneous NPD teams, show no substantial differences between the countries. Our findings suggest that, while some aspects are universally applicable across cultural frontiers, Western companies must understand Indias different expectations regarding NPD and adjust their practices accordingly.

Abstract

Die Betriebswirtschaft erfindet sich immer wieder neu. Sie entwickelt regelmäßig Theorien und Methoden und verfängt sich nicht in den methodischen Fehlschluss, die Wirtschaftswissenschaften müssten nach naturwissenschaftlichen-mathematischen Gesetzmäßigkeiten in der Wirtschaft suchen. Vor diesem Hintergrund ist die neue Betriebswirtschaft ein Ansatz, die klassische Betriebswirtschaft mit aktuellen Fragestellungen zu verbinden. Dieses Buch stellt deshalb klassische Themen wie Buchhaltung, Kosten-, Erfolgs- und Umsatzrechnung, Finanzierung dar, aber auch explizit Statistik zur Datengewinnung und Datenauswertung. All diese Themen werden stets im Lichte der aktuellen Entwicklungen von Digitalisierung, Internationalisierung und innovativen Geschäftsmodellen behandelt. Die Autoren wenden sich klassischen Funktionen des Betriebes zu, aber auch Themen wie Security, Compliance, Nachhaltigkeit, Online-Marketing, Innovationsmarketing, Strategisches Controlling, Cross-Mergers and Acquisitions, u.a. in Verbindung mit der Unternehmensbewertung, sowie Risk-Management. Das Buch richtet sich an Studierende der Wirtschaftswissenschaften sowie an Unternehmer und Manager, die sich mit betriebswirtschaftlichen Themen in Theorie und Praxis auseinandersetzen.

Abstract

This book addresses the issue of modern medical innovations management through an inductive approach by looking into cases before putting forward solutions in terms of strategies and tools. It provides a model for the designing and implementation of effective healthcare technology management (HTM) systems in hospitals and healthcare provider settings, as well as promotes a new method of analysis of hospital organization for decision-making regarding technology to show how systematic management using a strategy that balances bottom-up and top-down driven innovations, can deliver better medical technological advances. Managing Medical Technological Innovations is organized in three parts. Part 1 covers innovation strategies, laying the groundwork and concepts in design thinking. Part 2 follows by presenting the tools available for implementation. And finally, Part 3 uses the case studies of pharmaceutical firms in China and hospital medical record management in Holland to illustrate how these ideas and methodologies have been applied. This book is suitable for healthcare administrators, management, and IT personnel involved in the planning, expansion and maintaining of healthcare technology management and organisation seeking a reference with most recent approaches and cases from an international context; researchers seeking new approaches to apply to emerging medical technologies in different regions; and graduate students who are either doing their research or taking introductory as well as advanced courses in engineering and technology management in different parts of the world.

Abstract

Innovation contributes to corporate competitiveness, economic performance and environmental sustainability. In the Internet era, innovation intelligence is transferred across borders and languages at an unprecedented rate, yet the ability to benefit from it seems to become more divergent among different corporations and countries. How much an organization can benefit from innovation largely depends on how well innovation is managed in it. Thus, there is a discernible increase in interest in the study of innovation management. This handbook provides a comprehensive guide to this subject. The handbook introduces the basic framework of innovation and innovation management. It also presents innovation management from the perspectives of strategy, organization and resource, as well as institution and culture. The book’s comprehensive coverage on all areas of innovation management makes this a very useful reference for anyone interested in the subject.

Abstract

Understanding how a new digital technology can translate into a valuable innovation is a challenge for established players and new entrants. For industrial players in an ecosystem it can be both a threat or an opportunity. Furthermore, the new technologies open collaboration opportunities between corporates and startups. But, it is remains unclear what are the consequences of opening up, and whether it has an impact on the innovation dynamics in the industrial ecosystem. We use the case of the Wind Industry in Denmark, as a maturing industrial ecosystem, to study when and how the new entrants (technology entrepreneurs) have had an impact on the innovation dynamics. We first combine archival data with interviews to build an historical account of the evolution of the industrial ecosystem, then we incorporate data from the new entrants in the industry to specify the types of innovations that the most recent digital technology entrepreneurs have triggered. The results suggest differences in the innovation dynamics depending on the value chain position. While some activities have remained rather closed (for instance the technological development of the core elements in the wind turbines), the operations and maintenance activities have profited from digital technologies introduced by new entrants. Using these insights, we present and discuss suggestions to institutional actors interested in protecting the innovation leadership of their regional industrial ecosystems.

Abstract

Qualitative Forschung in der Betriebswirtschaftslehre – ein nach wie vor oft vernachlässigtes Thema. Denn schwerpunktmäßig werden qualitative Verfahren vorwiegend in soziologischen Bereichen angewandt, obwohl in vielen Lehrbüchern zur empirischen Forschung die Zusammengehörigkeit von quantitativen und qualitativen Verfahren – auch in der Betriebswirtschaftslehre – beschworen wird. Vor diesem Hintergrund stellt vorliegender Beitrag die historische Entwicklung der Wissenschaftsziele in der Betriebswirtschaft dar, um über die Mischform der angewandten Forschung auf die Rahmenbedingungen für anwendungsorientierte, qualitativ-empirische Forschung in der Betriebswirtschaftslehre zu sprechen zu kommen. Nach der Definition elementarer Begrifflichkeiten wie Bezugsrahmen, Modell und Theorie und der Abgrenzung quantitativer zu qualitativer Forschung schließt der Beitrag mit dem Vorschlag einer theoriegenerierenden Forschungsstrategie für qualitative Untersuchungen im betriebswirtschaftlichen Kontext. <

Abstract

Innovation processes increasingly rely on the collaboration between different stakeholders across various boundaries, including functional, hierarchical and organizational boundaries. Such boundary-crossing interactions can rely on different types of mechanisms, activities and boundary objects. Humor might act as an appropriate managerial tool to shape such interactions as it affects the social positions of and relationships between individuals. In this article, we present a case study of how humor is employed at the micro-level of collaborative innovation processes. Based on data from workshops in which participants work together to construct new business models for a particular company, we employ the method of conversation analysis to find that humor (laughter in particular) can be an important condition for the acceptance of proposals at the interactional micro-level of innovation processes. A key finding is that company-internal representatives’ use of humor differs from company-external participants in terms of their orientation to having different rights and responsibilities in the innovation process. 

Abstract

Die Betriebswirtschaft erfindet sich immer wieder neu. Sie entwickelt regelmäßig Theorien und Methoden und verfängt sich nicht in den methodischen Fehlschluss, die Wirtschaftswissenschaften müssten nach naturwissenschaftlichen-mathematischen Gesetzmäßigkeiten in der Wirtschaft suchen. Vor diesem Hintergrund ist die neue Betriebswirtschaft ein Ansatz, die klassische Betriebswirtschaft mit aktuellen Fragestellungen zu verbinden. Dieses Buch stellt deshalb klassische Themen wie Buchhaltung, Kosten-, Erfolgs- und Umsatzrechnung, Finanzierung dar, aber auch explizit Statistik zur Datengewinnung und Datenauswertung. All diese Themen werden stets im Lichte der aktuellen Entwicklungen von Digitalisierung, Internationalisierung und innovativen Geschäftsmodellen behandelt. Die Autoren wenden sich klassischen Funktionen des Betriebes zu, aber auch Themen wie Security, Compliance, Nachhaltigkeit, Online-Marketing, Innovationsmarketing, Strategisches Controlling, Cross-Mergers and Acquisitions, u.a. in Verbindung mit der Unternehmensbewertung, sowie Risk-Management. Das Buch richtet sich an Studierende der Wirtschaftswissenschaften sowie an Unternehmer und Manager, die sich mit betriebswirtschaftlichen Themen in Theorie und Praxis auseinandersetzen.

Abstract

Crowdsourcing is an increasingly important phenomenon that is fundamentally changing how companies create and capture value. There are still important questions with respect to how crowdsourcing works and can be applied in practice, especially in business practice. In this chapter, we focus on prediction markets as a mechanism and tool to tap into a crowd in the early stages of an innovation process. In line with the growing interest in open innovation, we also investigate the difference between using internal or external sources in the context of prediction markets. We apply one example of a prediction market, a virtual stock market, to open innovation through an online platform, and show that using mechanisms of internal crowdsourcing with prediction markets can outperform the use of external crowds under certain conditions.

Abstract

Although technology entrepreneurship has recently received increased attention, the link between entrepreneurship education and the transfer and commercialization of technology has not been explored sufficiently so far. In this chapter the authors apply an explorative approach to investigate two cases of science and technology entrepreneurship education (STEE) by analysing documents and interviews regarding similarities and differences of the two educational programmes. Their findings suggest that open and problem-based pedagogical approaches are more applied in STEE-related courses compared to regular engineering courses. Additionally, STEE benefits greatly from taking place in a practical context with access to support structures that assist in developing technical and business aspects of start-ups. The findings hold implications for research, educational programmes, policy makers and entrepreneurs.

Abstract

We study the process of international diffusion, global contestation, and local deinstitutionalization of a controversial practice, identifying the mechanisms used by proponents and opponents of the practice across multiple institutional environments and constituents. We draw on international diffusion, deinstitutionalization, and power theory to study the emergence and diffusion of the third-party ownership practice in the soccer industry. We use an inductive case study combining archival and interview data to study the determinants of the international diffusion of the practice, the changes in the power structure in the market as the practice was adopted at a global scale, and finally the contestation and deinstitutionalization process that resulted from the ban of the practice. We find that the opacity of the practice can be a diffusion driver, locally and at the international level, nevertheless as the practice transforms the market structure and allows new actors to gain power, a global contestation is triggered through problematization and emotional resonance by insiders with institutional power positions in the market. This article advances in our understanding of the multilevel governance mechanisms and power dynamics that might support international diffusion but also contestation and eventual deinstitutionalization of a practice.

Abstract

Why another book on innovation, and why use the big word “revolution”? The simple answer to this question is the fact that we believe the time is right to explore what could be the next phase of innovation management not only in corporate practice, but also in the academic fiel

Abstract

What a change in the last three years in the realm of innovation Management! Three years ago, we concluded our book about “Evolution of Innovation Management” (Brem and Viardot 2013) by underlining some essential trends in the management of innovation. Most specifically, we stressed the importance of ambidexterity, which we defined as the ability of companies to realize exploration and exploitation simultaneously in their innovation management process. Some contributions in the book also emphasized the necessity to adopt a more collaborative process with external stakeholders and to move to more “open innovation” (Brau et al. 2013). Other authors underscored the burgeoning importance of platforms (Gawer 2014) and the nurturing of an innovation ecosystem (Thomas and Wind 2013) that federates and coordinates constitutive agents who can innovate and compete. The book had also singled out some key capabilities that innovative companies had to develop in order to be more successful, including the role of communication, culture, leadership, structure, and key performance indicator

Abstract

In recent decades, the developments of new media have revolutionized individuals’ behaviors tremendously. Mobile devices, in particular, have developed an ‘always and everywhere online’ mentality. But what comes next? Recent developments emphasize the rise of a new technology that is termed ‘Wearable Augmented Reality Devices’, where Augmented Reality Smart Glasses (such as Microsoft HoloLens or Google Glass) represent prominent examples. These technologies offer huge innovation potential for companies and societies, which are discussed in this article. By doing so, this paper provides managers and researchers an applied description of the technology and a discussion of how it differs from existing mobile and augmented reality technologies. Finally, insights are given into how these technologies may increase firm value and further change the behaviors of consumers and adopter

Abstract

We study the deinstitutionalization of a controversial practice that had previously reached a level of international diffusion. We draw on international diffusion and deinstitutionalization theory to study the emergence and diffusion of the third-party ownership practice in the soccer industry. We use an inductive case study combining archival and interview data to study the determinants of the international diffusion of a controversial practice at a global scale, the contestation, and finally the deinstitutionalization process that resulted from the ban of the practice. We find that the opacity of the practice can be a diffusion driver, locally and at the international level, nevertheless the opacity also may lead to different meaning creation attempts and potential discursive battles between actors, and eventually to deinstitutionalization of the practice. This article advances our understanding of how controversial practices fare in different institutional environments.

Abstract

Breaking down a large and complex task into smaller and simpler tasks has been associated with much of the last century’s progress in industrial productivity (Maier 1970). This breaking down of tasks enabled adjustments in resource allocation to each of the new subtasks, as well as the capability to manage the new simpler tasks more closely, measuring productivity, and eventually paving the road for the development of "scientific management" in the daily operations of organizations (Kelly 1982). This approximation to organizing work successfully resonated not just with industrial organizations but also with other process-intensive organizations which gained in simplicity, effectiveness, and efficiency by adopting it. At some point, when internal resources were observed to be less efficient than external alternatives, the distribution of tasks and work crossed the boundaries of the organization, giving shape to the idea of outsourcing noncore activities to other organizations.

Abstract

Charisma is a key component of spoken language interaction; and it is probably for this reason that charismatic speech has been the subject of intensive research for centuries. However, what is still largely missing is a quantitative and objective line of research that, firstly, involves analyses of the acoustic-prosodic signal, secondly, focuses on business speeches like product presentations, and, thirdly, in doing so, advances the still fairly fragmentary evidence on the prosodic correlates of charismatic speech. We show that the prosodic features of charisma in political speeches also apply to business speeches. Consistent with the public opinion, our findings are indicative of Steve Jobs being a more charismatic speaker than Mark Zuckerberg. Beyond previous studies, our data suggest that rhythm and emphatic accentuation are also involved in conveying charisma. Furthermore, the differences between Steve Jobs and Mark Zuckerberg and the investor- and customer-related sections of their speeches support the modern understanding of charisma as a gradual, multiparametric, and context-sensitive concept.

Abstract

Today there is little doubt that the modern economy is driven by firms which capitalize on change, challenge and technology. The technology sector represents an important share of the economy of every industrial nation, for example, in the United States more than one-third of the gross national product and about half of the private-sector spending on capital goods are related to technology. Other examples are Japan and Germany; they occupy the worldís second and third places, respectively, as measured by patents granted in the year 2011: (1) United States: 121,261 patents granted, (2) Japan: 48,256 patents granted, (3) Germany: 12,968 patents granted (Marketline, 2012). The examples and figures suggest a high capacity for innovation, or rather a high accumulation of start-ups and entrepreneurs, especially in the technology sector. Technology and similar high-growth enterprises are both an important part of our worldís economic growth as well as the place where young entrepreneurs realize their dreams. Technology involves devices, artefacts, processes, methods, tools and materials that can be applied to industrial and commercial intentions (Byers et al., 2011). As stated, research and innovation in technology are drivers of economic growth and social change. In order to be fruitful, they need an innovative business environment and good knowledge gained from science. Essential for the transformation of research results into products and services are research institutions and a good know-how and technology transfer.