J. Open Innov. Technol. Mark. Complex., Volume 5, Issue 2 (June 2019) – 16 articles

Despite the rising interest in the nature of open innovation and its implications for greater strategic alliance performance, limited attention has been paid to what the dynamic managerial capabilities underpinning those processes are. Moreover, only limited research has examined how open innovation is practiced by firms working within various network forms (ecosystems, platforms, and strategic alliances) and what dynamic managerial capabilities ensure such networks’ collaborations. We need to further develop the concept of the coupled (collaborative) type of open innovation and to show how open innovation mechanisms, such as strategic alliances, are underpinned by dynamic managerial capabilities and to understand what their “micro-foundations” are. Thus, the goal of this article is to understand the role of sub-capabilities (how managers think and decide) of dynamic managerial capabilities as drivers of successful alliance performance. Full article

The Fourth Industrial Revolution caused by innovative technologies is an irresistible megatrend, and many companies, institutions, and major countries are making efforts to participate. The World Economic Forum took the lead in discussing the Fourth Industrial Revolution, adding the issue to its 2016 agenda, and found that many governments, including that of Korea, were concerned about how to support their nation’s participation in the Fourth Industrial Revolution and were pursuing programs to support such efforts. In this study, we describe one of those programs, the Korean government’s Flagship Project Support Program (FPSP), which supports latecomers in creating open platforms and creating new business ideas in innovative technological industries. The program helps businesses overcome entry barriers to existing business ecosystems established by big technological players in growing fields such as smart cars, the Internet of Things (IoT), virtual reality (VR), etc. The purpose of this study is to determine whether latecomers and small- and medium-sized companies that are experiencing difficulties in their own innovation can succeed in innovation through the Korean government’s FPSP. This study performed a comprehensive and qualitative analysis based on the Logic Model Framework consisting of an investigation of business ecosystems before and after the FPSP, assessment of outcomes, and evaluation of the effectiveness of the FPSP. This study shows that open platforms resulting from the FPSP successfully innovated business models in Korea. Our study, therefore, has implications for other governments seeking to play a role in supporting the Fourth Industrial Revolution. Full article

The purpose of this study is to reveal the effect of personal value as a part of creating shared value (CSV). We extracted factors of personal value through a literature review. Personal value consists of social commitment, self-actualization, goal setting, and solidarity. Self-actualization is the universal motivation of the individual, goal setting is the basis for the occurrence of action, and solidarity is the relationship factor that defends competition and personalization. This study was conducted on three hypotheses. Hypothesis 1 is that self-actualization will have an effect on CSV. Hypothesis 2 is that goal setting will have an effect on CSV. Hypothesis 3 is that solidarity will have an effect on CSV. The proxy of CSV is social commitment. We examine the effects of these personal values on CSV by surveying 557 university students. This study applied the regression model to test the hypotheses. The empirical results are as follows. CSV increases when we are more self-actualized. Goal setting positively affects CSV. CSV goes up as we have many relationships with organizations and are more cooperative in work. This study suggests the important elements of personal values in a university setting for CSV, and enables setting the direction of the education by setting the index of the attitude to increase the value of the individual in CSV. Full article

The purpose of this research is to study the factors related to the performance of the entrepreneurs who passed through the stages of business development at the university business incubators in Thailand. These factors consist of various characteristics, namely, leadership orientation, entrepreneurial orientation, network capacity, and innovative capacity. The sample group consisted of 220 businesses that had passed through a university business incubator in Thailand. The SPSS Statistics program calculated the basic statistics, as well as the relationship test for each factor studied, and examined the statistics using a structural equation model (SEM). The results revealed that the characteristics of leadership orientation, entrepreneurial orientation, network capacity, innovative capacity, and entrepreneurial performance had relationships in the same direction. Furthermore, an analysis of the relationships between the factors found that entrepreneurial orientation had positive relationships with network capacity and innovative capacity, leadership orientation had positive relationships with innovative capacity and entrepreneurial performance, and innovative capacity had a positive relationship with entrepreneurial performance. These relationships summarize a developmental model for the innovative capacity and performance of businesses that have passed through the university business incubators in Thailand. Full article

The implementation of innovation strategies in SMEs is subjected to changes in the economic cycle. The reliability of economic trend indicators varies according to economic trends. The author deals with the relationship between selected business cycle survey indicators and time periods that correspond to the different phases of the economic cycle between the years 2003–2017. The aim of the article is to find out whether selected business cycle surveys indicators are equally reliable across the economic cycle. To solve the problem, first, the consensus of a selected business cycle surveys indicator and the performance of the mechanical engineering industry were evaluated, and then, the results were put into the context of the time period and tested with nonparametric ANOVA. The results show that the selected indicator was more reliable in periods of growth and less reliable in downturns, which is a signal for SMEs as to how to interpret the business cycle surveys. The use of future development assessments provides important information for businesses that make investment decisions and help them think over funding for innovation. Full article

Nowadays, new energy vehicles play an important role in the transformation and upgrade of China’s energy security, energy conservation and other industries. At present, there are 26 pilot cities for the demonstration of new energy vehicles in China; however, the operation effect and experience of the pilot cities have been summarized less. This paper takes Shenzhen’s new energy vehicle industry policy as the object of research, in order to explore the impact of demand innovation on the development of new energy vehicles. This paper summarizes the three stages of Shenzhen’s new energy vehicle industry promotion, and further analyzes the policy and market environments of each stage by using the demand-side innovation policy theory. By reflecting on the concept of policy design, this paper proposes that decision makers need to cultivate open innovative thinking, and transform their production-oriented policy design into a demand-oriented policy design. This conclusion is helpful for pilot cities in order to adjust their policies over time according to the different stages of industrial development, and further improve the innovation and competitiveness of China’s new energy vehicle industry. Full article

Digitalization is frequently addressed in recent economic and social scientific literature. This paper applies a distinction to digital data (raw data) and digital technologies (including both software platforms and hardware solutions). The open data is defined as follows: it is publicly available and non-chargeable data (information content) that is machine readable. Open data enables software and application development for external partners and users. A common feature in open-data applications is location-based identification (e.g., real-time traffic monitoring). These include spatial map visualizations, and monitoring of traffic and modes of transport. This visualized information provides additional support for data-based decision-making and management as these study results indicate. This information is valuable particularly in the decisions concerning unconventional and sudden events. This research indicates that the most suitable data resources for opening include information related to port transport infrastructure. In terms of temporal monitoring, static road and rail data is currently the most potential alternative for open data in ports. The main reasons are that these data sources are already at least partly published. However, they are not always in open-data formats. Static data is also a grounded starting point because the technical requirements are much less demanding in comparison to real-time data-processing and management Full article

This study aims to examine the relationship between top managers’ entrepreneurial orientation and firms’ research and development (R&D) investment and the moderating effects of environmental uncertainty on this relationship. Using a sample of 337 Korean technology firms, we implemented a multiple regression analysis with R&D intensity as a dependent variable, top managers’ entrepreneurial orientation as an independent variable, and environmental uncertainty as a moderating variable. The findings reveal that the entrepreneurial orientation of top managers has significant and positive relationships with firms’ strategic decisions regarding R&D investment. This implies that the tendencies and characteristics of top managers significantly influence firms’ innovation efforts, especially during an economic recession. Furthermore, environmental munificence intensifies the entrepreneurial orientation and R&D investment relationship, while environmental dynamism has a negative moderating effect. On the other hand, environmental hostility does not have any impact on this relationship. The moderating effects of environmental uncertainty imply that firms should carefully consider environmental dynamism and munificence to intensify the positive effect of top managers’ entrepreneurial orientation on firms’ innovation efforts. Full article

This conceptual paper examines the still under-researched phenomena associated with internationalization within the context of entrepreneurial ecosystems. Drawing on multiple literature streams, I develop TCKF-Connect, a cross-disciplinary conceptual framework to investigate how entrepreneurial ecosystems become globally connected, and how, in turn, an ecosystem’s global connectedness can drive and sustain the internationalization processes of innovative start-ups. I propose a distinction between entrepreneurial ecosystems’ connectivity and ecosystems’ connectedness, where the former is purported as a necessary but not sufficient condition to achieve the latter. The framework developed revolves around the role played by a specific “vehicle” of connectivity across entrepreneurial ecosystems, i.e., temporary clusters, as conceptualized by Maskell, Bathelt and Malmberg and focuses on the role of knowledge flows within temporary clusters and across the entrepreneurial ecosystems where the temporary clusters are nested. The cross-disciplinary conceptual framework developed contributes to both research and policy debates by underpinning the investigation of research questions to further our understanding of the interplay between internationalization of entrepreneurial ecosystems and internationalization of the start-ups nested within them. The article proposes a research agenda emanating from the application of the cross-disciplinary conceptual framework developed and suggests a methodology for the empirical investigation. Full article

This study presents the Location Routing Problem (LRP) for which we have created a model for the integration of locating facilities and vehicle routing decisions to solve the problem. The case study is the Palm Oil Collection Center, which is also important for the supply chain system. A mathematical model was made to minimize the total cost of a facility-opening cost, fixed cost of vehicle uses and fuel consumption cost. The fuel consumption cost relies on the distance and road conditions, in case of poor physical condition of a road, and its width, which can be affected the speed of the vehicle as well as the used fuel. Thus, we propose an Adaptive Large Neighborhood Search (ALNS) based on heuristic for solving the LRP. The ALNS method was tested with three datasets of samples divided into small, medium and large problems. Then, the results were compared with the results from the exact method by the Lingo program. The computational study indicated that the ALNS algorithm was competitive to the results of the Lingo for all instance sizes. Moreover, the ALNS was more effective than the exact method; approximately 99% in terms of processing time. We extended this approach to solve the case study, which was considered to be the largest problem, and the ALNS algorithm was efficient with acceptable solutions and short processing time. Therefore, the proposed method provided an effective solution to manage location routing decision of the palm oil collection center. Full article

This article aims to resolve a particular production planning and workforce assignment problem. Many production lines may have different production capacities while producing the same product. Each production line is composed of three production stages, and each stage requires different periods of times and numbers of workers. Moreover, the workers will have different skill levels which can affect the number of workers required for production line. The number of workers required in each farm also depends on the amount of pigs that it is producing. Production planning must fulfill all the demands and can only make use of the workers available. A production plan aims to generate maximal profit for the company. A mathematical model has been developed to solve the proposed problem, when the size of problem increases, the model is unable to resolve large issues within a reasonable timeframe. A metaheuristic method called adaptive large-scale neighborhood search (ALNS) has been developed to solve the case study. Eight destroy and four repair operators (including ant colony optimization based destroy and repair methods) have been presented. Moreover, three formulas which are used to make decisions for acceptance of the newly generated solution have been proposed. The present study tested 16 data sets, including the case study. From the computational results of the small size of test instances, ALNS should be able to find optimal solutions for all the random data sets in much less computational time compared to commercial optimization software. For medium and larger test instance sizes, the findings of the heuristics were 0.48% to 0.92% away from the upper bound and generated within 480–620 h, in comparison to the 1 h required for the proposed method. The Ant Colony Optimization-based destroy and repair method found solutions that were 0.98 to 1.03% better than the original ALNS. Full article

This paper compares creativity experiences and perceptions among employees of small and medium-sized enterprises (SME) and students in higher education institutions (HEI) in Brunei Darussalam. The study was conducted through interactions and surveys to assess (i) understanding and practice of creative tools and techniques; (ii) creativity performance in teams and individuals and (iii) perception of creativity among 39 employees in SME and 68 students from HEI. Statistical analysis was carried out using Pearson’s chi-square test for goodness of fit and Cramer’s V test to estimate strength tests for correlation. The findings indicate a majority in both groups have not received prior instruction in creativity and that employees of SMEs have less interest in receiving creative instructions. There is consensus among both groups that group work will result in greater creative performance. Ambiguity of customer needs or requirement was a factor most often cited to impede creative performance of teams in SME. Results from this study were used to make recommendations to improve practice and learning creativity in SME and HEI. Full article

Cities have started to restructure themselves into ‘smart cities’ to address the challenges of the 21st Century—such as climate change, sustainable development, and digital disruption. One of the major obstacles to success for a smart city is to tackle the mobility and accessibility issues via ‘smart mobility’ solutions. At the verge of the age of smart urbanism, autonomous vehicle technology is seen as an opportunity to realize the smart mobility vision of cities. However, this innovative technological advancement is also speculated to bring a major disruption in urban transport, land use, employment, parking, car ownership, infrastructure design, capital investment decisions, sustainability, mobility, and traffic safety. Despite the potential threats, urban planners and managers are not yet prepared to develop autonomous vehicle strategies for cities to deal with these threats. This is mainly due to a lack of knowledge on the social implications of autonomous capabilities and how exactly they will disrupt our cities. This viewpoint provides a snapshot of the current status of vehicle automation, the direction in which the field is moving forward, the potential impacts of systematic adoption of autonomous vehicles, and how urban planners can mitigate the built environment and land use disruption of autonomous vehicles. Full article

This study investigated the relationship between open innovation and the radicalness of innovation. The balance between radical and incremental innovation is an essential part of the ambidextrous use of explorative and exploitative strategies, and this study assumed that open innovation is usually interlinked with explorative strategies and is thus related to radical innovation performance. Accordingly, following an empirical investigation, we demonstrate that the balance of open innovation firms is slightly skewed toward explorative radical innovation. Using the Korean version of the community innovation survey, we show that the relative radicalness that is projected on innovation output exhibits an inverted-U curve. Furthermore, the curve shifts based on the level of inbound open innovation. Our results suggest that there is an ambidextrous balance between radical and incremental innovation while implementing open innovation. In addition, the research results imply that firms placing greater weight on explorative radical innovations need to consider in-depth open innovation strategies. Full article

The aim of this paper is to attempt to understand why the popular academic and policy field of promoting, studying and evangelising “entrepreneurship” should have been associated with great success but, in the past twenty years or more in many advanced economies, so much failure. From the US to lesser and developing countries, emerging economies and the European Union, entrepreneurship, especially in regard to start-ups and particularly high-tech start-ups, has been in constant more or less recent decline. This is seldom registered in the mainstream literature where a positive and benign profile is generally presented. The paper examines this phenomenon, ties it partly with the “productivity paradox” and seeks tentative hypotheses in relation to the apparent illusions if not delusions regarding “entrepreneurship”. Full article

A supporting management discipline is an under researched phenomenon. A majority of firms’ operating capabilities relating to knowledge, innovation and technology management as a supporting management discipline. This paper reviews the literature in the research and development (R&D) domain to formulate qand propose a conceptual model which is influenced by capabilities relating to knowledge, innovation and technology management. We performed a systematic literature review in which a range of articles were searched related to R&D, from 1990 to 2018. Our review is presented in two parts. The first part presents a descriptive analysis using the Preferred Reporting Items for Systemic View and Mata Analysis (PRISMA)protocol and the second part develop proposition based on keywords analysis. The review revealed that there are nine capabilities that contribute to influence on R&D based on three dimensions known as knowledge, innovation and technology management which correspond to some of the key resources that used to drive these capabilities. Finally, this work proposes a conceptual model based on the outcome of Systematic Literature Review (SLR) interpretation. This research may support current trends on the literature. The list of references may be considered a potential source for future research in this area. Full article