Identifying and monitoring business and technological trends are crucial for innovation and competitiveness of businesses. Exponential growth of data across the world is invaluable for identifying emerging and evolving trends. On the other hand, the vast amount of data leads to information overload and can no longer be adequately processed without the use of automated methods of extraction, processing, and generation of knowledge. There is a growing need for information systems that would monitor and analyse data from heterogeneous and unstructured sources in order to enable timely and evidence-based decision-making. Recent advancements in computing and big data provide enormous opportunities for gathering evidence on future developments and emerging opportunities. The present study demonstrates the use of text-mining and semantic analysis of large amount of documents for investigating in business trends in mobile commerce (m-commerce). Particularly with the on-going COVID-19 pandemic and resultant social isolation, m-commerce has become a large technology and business domain with ever growing market potentials. Thus, our study begins with a review of global challenges, opportunities and trends in the development of m-commerce in the world. Next, the study identifies critical technologies and instruments for the full utilization of the potentials in the sector by using the intelligent big data analytics system based on in-depth natural language processing utilizing text-mining, machine learning, science bibliometry and technology analysis. The results generated by the system can be used to produce a comprehensive and objective web of interconnected technologies, trends, drivers and barriers to give an overview of the whole landscape of m-commerce in one business intelligence (BI) data mart diagram.
The motives behind merger and acquisitions (M&A) are often linked with the opportunities to obtain knowledge and technologies in order to enhance the competitive advantages of companies. In particular, the acquisition of digital technologies through mergers and acquisitions with ICT companies is especially relevant. However, the efficiency of such deals is often low and calls into question the implementation of digitalization strategies of companies. In this study we employ an approach for assessing the efficiency of M&A deals with ICT companies by using the DEA method. Applying regression analysis, it was found that the high level of research and development expenses of acquirers can negatively impact the efficiency of the M&A deals with ICT companies.
Recent studies have substantially enhanced our understanding of attention deficit and hyperactivity disorder (ADHD) in entrepreneurship—articulating the theoretical relevance of ADHD-type traits in entrepreneurship and confirming the positive linkages between ADHD symptoms/diagnosis and entrepreneurial intentions and behavior. However, how and why some people with ADHD symptoms run successful ventures, while other entrepreneurs fail to perform well, is still not well established. Our study builds on a Gestalt perspective that integrates person–environment fit and broaden-and-build theorizing, and proposes that strong positive emotions enable entrepreneurs with ADHD symptoms (at the subclinical level) to mitigate/reinforce the effect of ADHD’s trait-specific weaknesses/strengths to achieve entrepreneurial performance. Relying on fuzzy-set methodology, our findings indicate that for entrepreneurs with ADHD symptoms, entrepreneurial performance occurs when they simultaneously experience passion for founding and developing. This passion configuration is unique to successful ADHD-type entrepreneurs. As such, this study offers novel theoretical and empirical insights as well as implications for practitioners.
Plain English Summary Do people with ADHD perform well in entrepreneurship? Our research shows how ADHD symptoms relate to entrepreneurial performance finding that passion is important. Entrepreneurs who are highly and thereby ambidextrously passionate for growing their businesses and for founding activities while lacking intense positive feelings for coming up with new ideas can benefit from ADHD. These results are important for people with ADHD and their loved ones.
When businesses continually strive to access awareness and market opportunities globally, the globalization of R&D activities has continued its growth path. The main goal of international cooperation is to capture knowledge that can be converted to profit through two strategies: Technology exploration and Technology exploitation
This article seeks to undertake a critical assessment of the changing position of public science in the entrepreneurial ecosystem of the countries on the periphery of European research. These countries are driven by new innovation paradigm based on entrepreneurship, which are implemented within the European Smart specialization strategy (S3). This article argues that S3 is widely implemented in the cohesion countries and, while it provides substantial resources for science, technology, and innovation, it fails to provide sustainability in the public research sector. This has direct implications for policies concerning innovation and entrepreneurial ecosystems. In order to prove the thesis, the article provides theoretical argumentation for emergence of a new innovation paradigm, driven by the rise of the entrepreneurial ecosystem, its incorporation into S3, and a consequent retreat of science policy in favor of entrepreneurial policy. The empirical analysis is focused on the funding trends seen in the business and public research sectors over the last decade (2008–2017), which have clearly shown that S3 has not contributed, despite expectations, to an increase in public expenditure for science. This signifies S3's neglect of public research within entrepreneurial ecosystems and challenges the ability of S3 to reduce wide disparities in research and innovation performance across the European Union. This ultimately endangers the innovation potential of the entrepreneurial ecosystem itself.
Portable ramps are generally used by wheelchair users, provide temporary solution to increase accessibility in their daily lives. Portable ramps should allow for modifications in terms of weight, length, load bearing capacity, ease of handling, storage and further design parameters. Different types of portable ramps can be found in the market; however, their modifications cannot go beyond just length modification, or they allow to select just some restricted width options. However, portable ramps are quite suitable for mass customization concept which helps to satisfy customer while being involved in design step. This study aims to determine the wheelchair users’ expectations and correspondingly to offer a smart mass customization design tool which potential users are able to interact with easily. To this end, a case study is conducted with a rollable ramp which is designed and developed within the scope of 1512 – Entrepreneurship Multi-phase Programme (Teknogirişim Sermaye Desteği Programı) of The Scientific and Technological Research Council of Turkey (TÜBİTAK). The methodology and its implementation are described elaborately, and example of a parametric smart customization tool design are illustrated in this study. First, the preliminary study is explained briefly. Afterward, the desired modification parameters are determined with literature and patent survey as well as observation and interviews with the potential users. After systematic review and evaluation of user experiences, the model is assessed.
According to the US Energy Information Administration (EIA), 10% of the USA total energy consumption and 13% of electricity generation was coming from renewable resources in 2015. The International Renewable Energy Agency (IRENA) estimates that if renewable resources reached 27% of the US energy mix, it would save the US economy between $30 and $140 billion a year in terms of reduced health effects and CO2 emissions.
The High Technology Small Firms (HTSF) conference is a “boutique” conference, small compared to thematically broader entrepreneurship conferences such as the Babson Kauffman Entrepreneurship Research conference (BKERC) and the Research in Entrepreneurship and Small Business conference (RENT), but specialized on the topics of the emergence and the management of HTSFs.
This paper focuses on the practices, assessment approaches, procedures, and applied aspects of competitive intelligence (CI). The study relies upon a survey of CI practitioners conducted in 2019 and a comparison of its results with a similar survey in 2006. It was found that companies spend the time devoted to this activity mainly on processes that go beyond collecting information, including planning, analysis, communications, and management. Most enterprises have official divisions and profile managers. The results are used to perform a variety of strategic and tactical tasks. The main sources of information are the Internet, company employees, customers, and industry experts. Compared to 2006, a new key resource has emerged — social networks. Of the analytical methods, SWOT analysis and the study of competitors are most often used. Several channels of communication are used simultaneously to disseminate the received information, mainly email and presentations are used. Key performance criteria are customer satisfaction and the number of decisions made based on the information gathered. A comparative analysis revealed that over the period separating the surveys of 2006 and 2019, the function of the CR has become more formalized. The share of companies with centralized divisions and CI managers has grown. Currently, this activity more often goes beyond the simple profiling and evaluation of competitors. Technology assessment, economic, and political analysis are more actively practiced.
This paper aims to provide a detailed case study of a corporate foresight for innovation (CFI) project done by the Higher School of Economics’ (HSE) (Moscow, Russia) corporate foresight (CF) unit for a large state-owned Russian service company. It demonstrates how CFI methods lead to recommendations and how these recommendations result in decisions.
Drawing from being part of the project team, review of the project documents and interviews, the case describes a multi-phased CFI project which incorporated several CF methods. Techniques used for the project itself included grand challenges and trend analysis, analysis of best practices through use of benchmarking and horizon scanning, interviews, expert panels, wild card and weak signals analysis, cross impact analysis, SWOT and backcasting. The project used a broad-base of secondary information, expert panels consisting of company experts and HSE CF team personnel, interviews with senior management and an extensive literature review using HSE’s propriety iFORA system.
In all 17 CFI recommendation and over 100 implementation recommendations were made; 94 per cent of the CFI recommendations were accepted with most implemented at the time this case was written. The case also identifies five enabling factors that collectively both helped the CFI project and led to a high rate of recommendation acceptance and one factor that hindered CFI project success.
The case study provides detailed information and insight that can help others in conducting CF for innovation projects and establishes a link between CF methods and innovation-based recommendations and subsequent decisions.
In-depth case studies that show academe and practitioners how CFI leads to recommendations and is linked to subsequent decisions have been identified as a gap in the literature. This paper therefore seeks to address this need by presenting a detailed CF case for a corporate innovation project.
This pocket data book contains the most recent statistical data representing the level and dynamics of the digital economy development in the Russian Federation. International comparisons are provided for a number of indicators.
The data book includes information of the Ministry of Digital Development, Communications and Mass Media of the Russian Federation, Russian Federal State Statistics Service (Rosstat), Russian Central Bank (Bank of Russia), Organisation for Economic Co-operation and Development (OECD), Eu- ropean Statistical Office (Eurostat), International Telecommunication Union (ITU), United Nations Conference on Trade and Development (UNCTAD), World Intellectual Property Organisation (WIPO), and results of own methodological and analytical studies of the HSE Institute for Statistical Studies and Economics of Knowledge.
Due to the recent rise in economic development the family sizes in developing countries have become small. This phenomenon demands several policy considerations. Is India ready for it? In this perspective, the paper investigates the impact of a higher level of economic development on average household size in India from 1991 to 2011. Variables such as a higher level of education, health outcomes, the extent of inequality, and urbanization have a negative effect on the average household size. The lower level of poverty is associated with lower level family size in the long run, whereas, infrastructure has a mixed effect. Results show that different religious and social groups have an effect on the family size in India. The results are consistent in state and household level analysis and conclude that a higher level of economic development reduces the family size. Smaller family size faces several problems such as child-rearing, higher divorce rates due to marital conflicts, degradation of children's mental health, land and property disputes, and a low transfer of financial support from children to elderly parents. Therefore, not only the government needs to take cognizance and solve these problems, but also needs to find an appropriate balance between work and family, which is missing currently. This lesson can be useful for many other developing countries to cope up with the reduction in family sizes.
Supplier selection is an important function of a manufacturing company. The supplier choice directly affects the cost and the competitive edge in the market. But what happens when there are multiple suppliers, various criteria, and ambiguous parameters to be considered. Supplier selection can be defined as the process of finding the right suppliers with the right quality at the right price, at the right time, and in right quantities
R&D management is one of the important activities for any company. It is a process where technology change results in a product; for that change there are several steps need to be done. A company’s success depends on its R&D management. If a company does a great job on R&D, there is a big chance to get prosperity. Though lots of facts are conditional to the word “success,” a company needs to fulfill its R&D requirement like technical, markets, etc.
The purpose of this study is to discuss the possibility of setting up a platform for inclusive policymaking process drawing upon the blockchain concept. The study posits that blockchain also has great potentials in non-financial applications, such as in policymaking, where there is a need for bottom-up approaches with more decentralized, distributed and evidence-based processes.
The study makes use of an analogy-based creative design methodology. The design science paradigm has its roots in engineering and the sciences of the artificial (Simon, 1996). As a problem-solving paradigm for solving complex engineering issues, design science seeks to create innovations that define the ideas, practices, technical capabilities and products through which the analysis, design, implementation and use of information systems can be effectively and efficiently accomplished. In the present study, the policy development theories and the logic of blockchain are synthesized to prepare a task model for the “IdeaChain” concept as a platform for creating, sharing and validating novel ideas as well as converting them into policies or new ventures through the funding mechanisms.
The IdeaChain concept is designed and demonstrated through its use in the domain of science, technology and innovation (STI) policy, which can be extended to cover all innovative activities linking the whole process from their emergence, funding, development, implementation and impact upon policy.
Blockchain is mostly discussed in literature with its impact on financial sector. IdeaChain is the first attempt to explore the potentials of blockchain in STI policymaking.