Opportunities and risks of open innovation to ensure innovative power in small and medium-sized enterprises in the business-to-business sector

Opportunities and risks of open innovation to ensure innovative power in small and medium-sized enterprises in the business-to-business sector

Author: Anonym

Publisher: GRIN Verlag

ISBN: 9783668614659

Category: Business & Economics

Page: 14

View: 469

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Seminar paper from the year 2017 in the subject Business economics - Marketing, Corporate Communication, CRM, Market Research, Social Media, grade: 1,3, University of Applied Sciences Münster, language: English, abstract: In earlier days, creating innovation took mainly place behind closed doors in the R&D department of a company. However, over the course of time, globalisation opened doors to new technologies, to the global exchange of knowledge, increased the mobility of labour as well as the number of competitors in the market. The innovation environment has transformed and nowadays, ongoing innovation is a critical factor for companies to survive in the extremely competitive business environment. When hearing innovation, many people directly think about the outcome after a creative session within a company. However, reality is slightly different and innovation appears not simply in a sudden moment and actually requires sometimes more than one party to come to a new idea. Adding more complexity to this issue, many companies struggle to afford these innovation activities on their own. Consequently, many companies make use of collaborations in form of open innovation to cope with the high pressure for ongoing innovation. Vitasek (2015) concludes that innovation and collaboration is no longer an “either-or” approach and already converged into a stabile construct over the past years. Some journals even state that ‘sharing ideas and processes side by side within the same facility is often no longer an option’ (Harvard Business Review Analytic Services, 2011). Especially small and medium-sized enterprises (SME) with lower Research and Development (R&D) budget and less capacity for new innovations do struggle with increased complexity which is even more intense in the business-to-business (B2B) sector. SMEs must consider to reposition themselves to make strategic use of open innovation as an essential method for their survival. In this context the question arises what are opportunities and risks of open innovation for SMEs in the B2B sector and which open innovation model enhances the innovative power in SMEs most efficiently? This research question will be solved throughout the paper: First, some literature will be reviewed to create background knowledge of the constructs. Second, opportunities and risks of different open innovation mechanisms will be weighed and finally, the most efficient one(s) will be concluded.

Analyzing the Impacts of Industry 4.0 in Modern Business Environments

Analyzing the Impacts of Industry 4.0 in Modern Business Environments

Author: Brunet-Thornton, Richard

Publisher: IGI Global

ISBN: 9781522534693

Category: Business & Economics

Page: 410

View: 468

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In order to improve competitiveness and performance, corporations must embrace advancements in digitalization. Successful implementation of knowledge management is a huge factor in corporate success. Analyzing the Impacts of Industry 4.0 in Modern Business Environments is a critical scholarly publication that explores digital transformation in business environments and the requirement for not only a substantial management change plan but equally the two essential components of knowledge management: knowledge sharing and knowledge transfer. Featuring a broad range of topics such as strategic planning, knowledge transfer, and cybersecurity risk management, this book is geared toward researchers, academicians, and students seeking current and relevant research on organizational knowledge intensity and monitoring of knowledge management development.

Impact of Open Innovation on the World Economy

Impact of Open Innovation on the World Economy

Author: Rua, Orlando Lima

Publisher: IGI Global

ISBN: 9781799886679

Category: Business & Economics

Page: 306

View: 876

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Open innovation has revolutionized the way businesses adapt to situations, handle problems, and interact with other corporations. Establishing these collaborative business practices has the potential to support and improve business operations across fields, which makes further study vital in order to properly implement the best practices and techniques. As open innovation continues to develop and provide businesses with numerous opportunities for growth, it is crucial to understand and address the trends and challenges of innovation for business and countries’ economic and social development. Impact of Open Innovation on the World Economy is an essential reference source that provides examinations on issues of open innovation in the context of organizations and its links to entrepreneurship, strategy, and marketing. The book further provides necessary resources to adopt and implement new business and social solutions. Covering a range of topics such as firm performance and business collaborations, this reference work is ideal for entrepreneurs, managers, technology developers, policymakers, researchers, academicians, practitioners, instructors, and students.

Open Innovation

Open Innovation

Author: Henry Chesbrough

Publisher: OUP Oxford

ISBN: 9780191622724

Category: Business & Economics

Page: 400

View: 911

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Open Innovation describes an emergent model of innovation in which firms draw on research and development that may lie outside their own boundaries. In some cases, such as open source software, this research and development can take place in a non-proprietary manner. Henry Chesbrough and his collaborators investigate this phenomenon, linking the practice of innovation to the established body of innovation research, showing what's new and what's familiar in the process. Offering theoretical explanations for the use (and limits) of open innovation, the book examines the applicability of the concept, implications for the boundaries of firms, the potential of open innovation to prove successful, and implications for intellectual property policies and practices. The book will be key reading for academics, researchers, and graduate students of innovation and technology management.

Research Anthology on Privatizing and Securing Data

Research Anthology on Privatizing and Securing Data

Author: Management Association, Information Resources

Publisher: IGI Global

ISBN: 9781799889557

Category: Computers

Page: 2188

View: 825

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With the immense amount of data that is now available online, security concerns have been an issue from the start, and have grown as new technologies are increasingly integrated in data collection, storage, and transmission. Online cyber threats, cyber terrorism, hacking, and other cybercrimes have begun to take advantage of this information that can be easily accessed if not properly handled. New privacy and security measures have been developed to address this cause for concern and have become an essential area of research within the past few years and into the foreseeable future. The ways in which data is secured and privatized should be discussed in terms of the technologies being used, the methods and models for security that have been developed, and the ways in which risks can be detected, analyzed, and mitigated. The Research Anthology on Privatizing and Securing Data reveals the latest tools and technologies for privatizing and securing data across different technologies and industries. It takes a deeper dive into both risk detection and mitigation, including an analysis of cybercrimes and cyber threats, along with a sharper focus on the technologies and methods being actively implemented and utilized to secure data online. Highlighted topics include information governance and privacy, cybersecurity, data protection, challenges in big data, security threats, and more. This book is essential for data analysts, cybersecurity professionals, data scientists, security analysts, IT specialists, practitioners, researchers, academicians, and students interested in the latest trends and technologies for privatizing and securing data.

Building Industries at Sea - ‘Blue Growth’ and the New Maritime Economy

Building Industries at Sea - ‘Blue Growth’ and the New Maritime Economy

Author: Kate Johnson

Publisher: CRC Press

ISBN: 9781000791846

Category: Science

Page: 273

View: 799

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Throughout the world there is evidence of mounting interest in marine resources and new maritime industries to create jobs, economic growth and to help in the provision of energy and food security. Expanding populations, insecurity of traditional sources of supply and the effects of climate change add urgency to a perceived need to address and overcome the serious challenges of working in the maritime environment. Four promising areas of activity for ‘Blue Growth’ have been identified at European Union policy level including Aquaculture; Renewable Energy (offshore wind, wave and tide); Seabed Mining; and Blue Biotechnology. Work has started to raise the technological and investment readiness levels (TRLs and IRLs) of these prospective industries drawing on the experience of established maritime industries such as Offshore Oil and Gas; Shipping; Fisheries and Tourism. An accord has to be struck between policy makers and regulators on the one hand, anxious to direct research and business incentives in effective and efficient directions, and developers, investors and businesses on the other, anxious to reduce the risks of such potentially profitable but innovative investments.The EU H2020 MARIBE (Marine Investment for the Blue Economy) funded project was designed to identify the key technical and non-technical challenges facing maritime industries and to place them into the social and economic context of the coastal and ocean economy. MARIBE went on to examine with companies, real projects for the combination of marine industry sectors into multi-use platforms (MUPs). The purpose of this book is to publish the detailed analysis of each prospective and established maritime business sector. Sector experts working to a common template explain what these industries are, how they work, their prospects to create wealth and employment, and where they currently stand in terms of innovation, trends and their lifecycle. The book goes on to describe progress with the changing regulatory and planning regimes in the European Sea Basins including the Caribbean where there are significant European interests. The book includes:• Experienced chapter authors from a truly multidisciplinary team of sector specialisms• First extensive study to compare and contrast traditional Blue Economy with Blue Growth• Complementary to EU and National policies for multi-use of maritime space

Regulating Artificial Intelligence

Regulating Artificial Intelligence

Author: Dominika Ewa Harasimiuk

Publisher: Routledge

ISBN: 9781000320398

Category: Law

Page: 188

View: 259

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Exploring potential scenarios of artificial intelligence regulation which prevent automated reality harming individual human rights or social values, this book reviews current debates surrounding AI regulation in the context of the emerging risks and accountabilities. Considering varying regulatory methodologies, it focuses mostly on EU’s regulation in light of the comprehensive policy making process taking place at the supranational level. Taking an ethics and humancentric approach towards artificial intelligence as the bedrock of future laws in this field, it analyses the relations between fundamental rights impacted by the development of artificial intelligence and ethical standards governing it. It contains a detailed and critical analysis of the EU’s Ethic Guidelines for Trustworthy AI, pointing at its practical applicability by the interested parties. Attempting to identify the most transparent and efficient regulatory tools that can assure social trust towards AI technologies, the book provides an overview of horizontal and sectoral regulatory approaches, as well as legally binding measures stemming from industries’ self-regulations and internal policies.

Service Science and Knowledge Innovation

Service Science and Knowledge Innovation

Author: Kecheng Liu

Publisher: Springer

ISBN: 9783642553554

Category: Computers

Page: 480

View: 638

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This book constitutes the refereed proceedings of the 15th IFIP WG 8.1 International Conference on Informatics and Semiotics in Organisations, ICISO 2014, held in Shanghai, China, in May 2014. The 39 revised papers presented at the main conference were carefully reviewed and selected from 88 submissions. Additionally, 10 papers were selected for presentation at two workshops held in the framework of ICISO 2014. The papers have been organized in the following topical sections: organizational semiotics: theory and concepts; organizational semiotics and applications; finance and service science; enterprise architecture; modelling and simulation and decision making and knowledge management. The last two sections contain papers from the Workshop on e-Health, the New Frontier of Service Science Innovation and the International Workshop on Information Engineering and Management.

Recent Developments in Individual and Organizational Adoption of ICTs

Recent Developments in Individual and Organizational Adoption of ICTs

Author: Yildiz, Orkun

Publisher: IGI Global

ISBN: 9781799830474

Category: Business & Economics

Page: 333

View: 351

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In recent years, information and communication technologies (ICTs) have gained significant importance and become vital to the operations of both organizations and individuals. However, there are numerous factors that have affected the adoption of ICTs including access and accessibility barriers, political participation, and social empowerment. This has attracted the attention of researchers who are interested in understanding the socioeconomic influences of ICT adoption and how these technologies impact the infrastructure of modern organizational activities. Recent Developments in Individual and Organizational Adoption of ICTs is a collection of innovative research on the methods of organizational and infrastructural advancement through the application of information and communication technologies. While highlighting topics including internet banking, supply chain management, and e-government services, this book is ideally designed for managers, researchers, policymakers, politicians, business practitioners, educators, decision scientists, strategists, and students seeking current research on the socioeconomic impact of ICT adoption.

Bulletin of the Atomic Scientists

Bulletin of the Atomic Scientists

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ISBN:

Category:

Page: 56

View: 694

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The Bulletin of the Atomic Scientists is the premier public resource on scientific and technological developments that impact global security. Founded by Manhattan Project Scientists, the Bulletin's iconic "Doomsday Clock" stimulates solutions for a safer world.

Agile Innovation

Agile Innovation

Author: Langdon Morris

Publisher: John Wiley & Sons

ISBN: 9781118954201

Category: Business & Economics

Page: 400

View: 292

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"Effective innovation doesn't happen by accident - it happens by design! Agile Innovation is the field guide to designing and implementing effective innovation methods and projects, and facilitating collaborative processes that enable people to solve complex problems and create breakthrough solutions. The book offers a comprehensive Innovation Master Plan Framework, which provides five critical performance areas and how to optimize them for sustained innovation improvement. Agile Innovation teaches how to discover and develop better ideas, learn and work together more profitably and effectively, and create breakthroughs"--

Bulletin of the Atomic Scientists

Bulletin of the Atomic Scientists

Author:

Publisher:

ISBN:

Category:

Page: 116

View: 134

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The Bulletin of the Atomic Scientists is the premier public resource on scientific and technological developments that impact global security. Founded by Manhattan Project Scientists, the Bulletin's iconic "Doomsday Clock" stimulates solutions for a safer world.