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Global manufacturing continues to grow, creating the need for enhanced innovation during New Product Development (NPD); this in-turn requires increased utilization of employee-generated knowledge. Enterprise Social Networks (ESNs), such as Yammer.com, is one method identified which can allow organisations to connect employees across departments and physical boundaries. This paper summarises the results...
R&D has typically been structured and managed in terms of its maturity on a scale that spans from initial concepts to marketable products. In contrast to a linear, stage-gate process that such a scale implies and for which many management tools have been developed, R&D breakthroughs and disruptive innovation typically emerge from coupled feedback loops and timely decisions in response to unplanned...
This paper examines biomedical traceability and its importance for improving development, production, and use of drugs and medical devices. Biomedical traceability means that the flow of material and information within a biomedical product value chain can be followed from raw materials to patient outcomes. This paper uses data from a survey of biomedical manufacturing companies to show the gaps in...
Individual surgeons rely on residency programs as their main conduit for developing the necessary soft skills needed to succeed and excel in the operating room. One critical skill requiring subjective (qualitative) learning involves navigating through varying soft and hard tissues by hand, and, most importantly, understanding how medical instruments respond under these conditions. During residency,...
Firms voluntarily incorporating corporate social responsibility (CSR) principles often assume they can benefit from some kind of competitive advantage. Yet, we know relatively little about the impact of different dimensions of CSR activities on firms' environmental innovation or their impact on performance. This paper distinguishes between the strategic and responsive dimensions of CSR and investigates...
The present day world has been experiencing rapid technological advancement on the one hand and an ever increasing number of diseases afflicting the human beings on the other. To deal with the later, medical devices are innovated and introduced in to the market (making use of the technological advancements), on a continuous basis across the world. However, introducing an innovated medical device to...
The paper is based on the survey results. The survey was conducted among the representatives of innovation enterprises in Russia and Silicon Valley. The goal of this survey was to evaluate the motivation in technical enterprises, compare motivation between Russians and people abroad and estimate motivation in small and large technical companies.
Despite the fact that one of the main goals of corporate venture capital (CVC) investments in high-tech industries is to gain a window on future technologies, the relationship between CVC investments and strategies used to acquire technologies in the markets, such as licensing, has not been adequately explored. To address this gap, we build on the real option literature suggesting that CVC investments...
The Small Business Innovation Research program forms a key element of federal support of innovation and entrepreneurship. Historically this program has been valued on a cost basis and evaluated in terms of broader economic impact. Traditional discounted cash flow (DCF) techniques are inappropriate for projects with strongly skewed distributions of the probability of success; furthermore, the associated...
Novel technologies are essential to enable environmental and societal sustainable growth. Intellectual property rights (IPR) provide incentives to technology development. But this positive effect on innovation comes with the downside that IPR can also hinder the diffusion of technology. Open approaches have been suggested to overcome this. However, in spite of this relevance, existing literature about...
A description is provided on how good systems engineering processes and methods are used so that gaps can be determined by quantitative methods for informing training programs. The Systems Engineering Capability Model (SECM) is used to determine how good systems engineering methods and processes are performed implicitly and explicitly as well as indicating the gaps. This study focuses on the systems...
How do firms leverage existing innovation for the next round of innovation? We develop a novel concept of generative capability in product innovation to address this question. As a high-level organizational routine, generative capability applies the mechanisms of iteration and rapid knowledge integration to guide ordinary innovation activities. Based on panel data from 2001 to 2009 of 56,333 firm-year...
Although university startup companies are expected to be a source of innovation around the world, economic effects of university startups have not been investigated thoroughly, especially outside of the United States. As described in this paper, we analyzed the characteristics and economic effects of companies started at The University of Tokyo, a world-recognized research university. Results show...
While business model innovation as driver of success is well established, limited research has been conducted on how companies can systematically innovate their business models. Against this background this paper consolidates the state of both academic and practitioner-oriented literature on business model innovation. Based on a systematic review of literature published over the past 19 years, we...
Coopetition, defined as a strategy that involves simultaneously cooperating and competing between firms, has grown in importance over recent years (Bengtsson and Kock, 2014; Gnyawali and Park, 2011; Hong and Snell, 2015). Previous empirical studies show the benefits of technological co-petition (typically in markets with high levels of uncertainty and complexity) (Quintana-García and Benavides-Velasco,...
Agile methodologies have become a popular and widely accepted method for managing software development. Since the inception of the Agile Manifesto over ten years ago, agile development techniques have superseded waterfall methods in many, if not most, software development organizations. Despite its apparent success, many companies have struggled with the adoption and implementation of agile, and exactly...
In this work we present the hypothesis that Education of Technology Management is necessary for the success of a Virtual Learning Environments, not only for Information technology professionals, but as well as for instructors and learners. Assuming its veracity, we compiled a set of skills for Management of Technology to support the elicitation of Interdisciplinary skills for Technology Management...
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