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1
Tumelero, Cleonir, Roberto Sbragia, and Felipe Mendes Borini. "The Combinative Effect of Organizational and Technological Eco-innovations in R&D-intensive Companies." Environmental Management and Sustainable Development 9, no. 4 (November 24, 2020): 60. http://dx.doi.org/10.5296/emsd.v9i4.17786.
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This study aims to investigate the influence of organizational and process eco-innovations on the introduction of product eco-innovations in R&D-intensive companies. We covered theory gaps by empirically demonstrating to what extent non-technological and technological eco-innovations are related. We used the Survey method to investigate a sample of Brazilian manufacturers from the electrical and electronics sectors, and we processed the data through Structural Equation Modeling (SEM). The findings of this study evidenced that non-technological eco-innovations are able to influence technological eco-innovations, both process and product, suggesting that the organizational eco-innovation strategy leads to sustainable technological path dependence in R&D-intensive companies. Additionally, findings demonstrated that the association between organizational and product eco-innovation is stronger whether mediated by process eco-innovation, so the result confirms an evolutionary perspective regarding the differentiated types of eco-innovation. We conclude that by investing in eco-innovative R&D projects, new environmental systems, teams' formation, information flow, and trends monitoring, the company creates a path dependence for technological eco-innovation of process and products.
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Gikonyo, Rita Kathomi, Lilian Karimi Mugambi Mwenda, and Anita Wanjugu Wachira. "Effect of Technological Innovations on Restaurant Sustainability in Nairobi County, Kenya." African Journal of Tourism and Hospitality Management 3, no. 1 (February 6, 2024): 1–13. http://dx.doi.org/10.37284/ajthm.3.1.1741.
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The hospitality industry, which is defined by social interaction and gathering, was seriously threatened by the coronavirus disease 2019. The pandemic exacerbated risk in several ways, putting sustainability as a critical objective at a crossroads. The management of restaurants needed to reorganise and innovate to survive and thrive during and after the pandemic. Technological innovations created opportunities to lower health hazards for guests and staff while maintaining operations in an unpredictable business environment. A review of the literature revealed a paucity of technological innovations and sustainability in restaurants in Nairobi County. The study sought to evaluate the effects of technological innovations and the sustainability of restaurants in Nairobi County, Kenya. Schumpeter’s theory of innovation served as the study's theoretical foundation. To explain the relationships between technological innovation and sustainability, the study employed a descriptive research design with Likert scale ratings. A census of restaurant managers from the 81 full-service restaurants housed in 54 classified hotels in Nairobi County was the unit of observation. Using self-administered questionnaires, the studies obtained a 70 per cent response rate (57 responses). SPSS version 25 was used to analyse the data and findings presented using descriptive and inferential statistics. Restaurants used innovations in technology to mitigate dangers as well as to improve cleanliness and sanitation. The relationship between technological innovations and sustainability was positive, moderate, and significant at the p = 0.05 level of significance; the Pearson correlation value was r = 0.473. Furthermore, the adjusted correlation coefficient (R2) indicated that technological innovations predict 21% of the variance in sustainability. Restaurant sustainability increased moderately due to technological innovations. As a result, the study recommends that the Ministry of Tourism and Wildlife prioritise hospitality technologies to increase restaurant sustainability. Restaurant management should promote technological innovation, acquisition, and training. Finally, academia should lead the discourse about the implementation and spread of technological innovation
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TORUGSA, NUTTANEEYA (ANN), and WAYNE O’DONOHUE. "MANAGING KNOWLEDGE-RELATED BARRIERS TO TECHNOLOGICAL INNOVATION THROUGH EXPLOITATIVE AND EXPLORATIVE ORGANISATIONAL STRATEGIES." International Journal of Innovation Management 23, no. 04 (May 2019): 1950035. http://dx.doi.org/10.1142/s136391961950035x.
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This study uses data from a sample of 31,948 European innovating firms to examine the impact that knowledge-related barriers to technological innovation have on the link between the level of such innovation and firm performance, and, to investigate the role of “exploitative” and “explorative” organisational strategies in moderating such impact. Exploitative strategies are measured by the level of organisational innovations, and exploratory strategies are measured by the level of methods for fostering workplace creativity. Using moderated hierarchical regression, the results reveal a negative effect of the interaction between technological innovation and related knowledge constraints on firm performance. They also reveal that the negative interaction effect becomes positive at high levels of organisational innovations and creativity-fostering methods. The study findings thus indicate the need for managers of technologically innovative firms to implement both exploitative and explorative organisational strategies. Doing so could help minimise the negative effects of knowledge-related barriers to technological innovation, and in turn promote innovation-based competitiveness and business success.
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Sukharev, Oleg. "Technological innovations and the effect of ‘dualism’." SHS Web of Conferences 116 (2021): 00007. http://dx.doi.org/10.1051/shsconf/202111600007.
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The purpose of the research is to consider the effect of technological dualism for the Russian economy with an empirical demonstration that this effect has a different content. The research methodology consists of the neo-Schumpeterian theory of technological change, structural analysis, and empirical estimates that allow one to identify the characteristics of technological dynamics. The result of this research was a demonstration of the deviation from the classical effect of technological dualism of the Russian economy, which is caused by the existing structural and institutional characteristics of the functioning of activities various types. The main conclusion is that the classical recipes for stimulating technological innovation in the presence of the pseudo-effect of technological dualism will not become working tools with high action. We need systemic and institutional transformations that affect the incentives for technological renewal and the deployment of markets that accept products that embody the results of technological improvement and development. Thus, replacing the strategy of local technological innovations with a strategy of comprehensive incentives and large-scale technological innovations that improve the social parameters of life is an urgent task for the Russian economy.
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Radicic, Dragana, and Khurshid Djalilov. "The impact of technological and non-technological innovations on export intensity in SMEs." Journal of Small Business and Enterprise Development 26, no. 4 (August 15, 2019): 612–38. http://dx.doi.org/10.1108/jsbed-08-2018-0259.
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Purpose The purpose of this paper is to investigate how both technological and non-technological innovations influence export intensity in small and medium-sized enterprises (SMEs). In addition, the authors report results for each firm-size category of micro-, small and medium firms, and thus reflect SME heterogeneity. Design/methodology/approach The research methodology is based on the analysis of the Eurobarometer 2014 data set from 28 EU Member States, Switzerland and the USA covering the period 2011–2014. To statistically test the three defined research hypotheses on individual and joint effects of both types of innovation, a multiple treatment model was estimated. The advantage of this empirical strategy is that it takes into account the endogeneity of both technological and non-technological innovations. Moreover, the authors employ the production approach or the direct test of complementarity between technological and non-technological innovations. Findings Empirical findings indicate that technological innovations positively affect export intensity in small and medium firms, whereas non-technological innovations exert no influence on export intensity, regardless of the firm size. Moreover, the results from the direct test suggest no evidence of the complementary effects of technological and non-technological innovation on export intensity. Research limitations/implications The authors infer that SMEs would benefit more from public support targeting both exports and innovations than micro-firms, as the sunk costs of exports are too high for the latter. However, public support aimed at reducing fixed costs of exports could be particularly beneficial for micro-firms. Originality/value The research fills a literature gap on the joint impact of technological and non-technological innovations on export intensity while taking into account the endogeneity of innovation activities and SME heterogeneity.
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Khan, Hayat, Liu Weili, Robeena Bibi, Sumaira, and Itbar Khan. "Innovations, energy consumption and carbon dioxide emissions in the global world countries: An empirical investigation." Journal of Environmental Science and Economics 1, no. 4 (November 5, 2022): 12–25. http://dx.doi.org/10.56556/jescae.v1i4.288.
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Technological innovations are the important sources of economic growth of a country and it is inter associated with other factors such as energy consumption, economic growth and carbon dioxide emission. A change in these factors affect the capability of technological innovation and thus the effect of these factors on innovations need to be explored. This study investigates the effect of carbon dioxide, energy consumption and economic growth on innovations proxies by different innovations indicators. The sample data is collected from 1980 to 2019 of the world 181 countries and OLS, fixed effect, two step Generalized method of moments and panel quantile regression models were employed for data analysis. The results reveal that carbon dioxide and economic growth increase technological innovations while the inflow of FDI decrease innovations output. Energy consumption also negatively affects innovation indicators except for research and development. In the case of quantile regression, energy consumption is positive while carbon dioxide and foreign direct investment are negative across different quantiles for research and development. Energy consumption and foreign direct investment reduce technological innovations proxy by patent application residents while carbon dioxide and economic growth increase it. The findings of this study have considerable policy suggestions for the global countries.
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Esendemir, Neriman, and Cemal Zehir. "The Mediating Effect of Organizational Learning and Technological Capability." International Journal of Research in Business and Social Science (2147-4478) 6, no. 4 (July 19, 2017): 48–60. http://dx.doi.org/10.20525/ijrbs.v6i4.747.
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This research aims to investigate the relation of the innovation types such as service innovation, process innovation and management innovation with the performance. Additionally, this study will also focus on whether there is a mediator role of technological capability and organizational learning on performance. The research data were collected from 306 principals and teachers working in medium-large scaled high schools in Istanbul. The research results showed that, as hypothesized, the types of innovations significantly correlated with the performance. Besides, organizational learning and technological capability had partially a mediating effect in the relationship between the innovation types and performance.
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Kang, Lu, Jie Lv, and Haoyang Zhang. "Can the Water Resource Fee-to-Tax Reform Promote the “Three-Wheel Drive” of Corporate Green Energy-Saving Innovations? Quasi-Natural Experimental Evidence from China." Energies 17, no. 12 (June 11, 2024): 2866. http://dx.doi.org/10.3390/en17122866.
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The long-standing, unrestrained utilization of energy resources by China’s manufacturing sector has created irreversible obstacles to regional sustainable development. Consequently, the Chinese government has implemented a water resource tax policy in certain regions, with the aim of compelling manufacturing enterprises to adopt green and energy-saving innovations. This study used panel data from Chinese manufacturing companies listed on the A-share market from 2009 to 2020 and employed a double machine learning model to explore whether the water resource fee-to-tax reform can compel enterprises to enhance their tripartite green energy-saving innovation drive. These innovations consist of vision-driven and mission-driven green energy-saving technological innovations and green management energy-saving innovations. Following a quasi-natural experiment, our findings revealed the following: (1) The water resource fee-to-tax policy promoted the internal coupling coordination of the triple-driven system. (2) The policy compelled progress in mission-driven green energy-saving technological innovations and green energy-saving management innovations but hindered vision-driven green energy-saving technological innovations. (3) Within the internal systems of manufacturing enterprises, green energy-saving management innovations play a positive mediating role between the water resource fee-to-tax policy and the mission-driven green energy-saving technology innovation subsystem, but they lack a similar positive mediating mechanism for the vision-driven green energy-saving technology innovation subsystem. (4) The counterfactual framework verified that the mechanistic pathway “water resource fee-to-tax → green energy-saving management innovation → mission-driven/vision-driven green energy-saving technological innovation” could be further extended to other manufacturing enterprises not currently under policy compulsion. (5) In the interaction system between manufacturing enterprises and external markets, the development of marketization and financial technology positively regulated the promoting effect of the water resource fee-to-tax policy on mission-driven green energy-saving technological innovations and green energy-saving management innovations, but it did not have a similar effect on vision-driven green energy-saving technological innovations.
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Lydeka, Zigmas, and Akvile Karaliute. "Assessment of the Effect of Technological Innovations on Unemployment in the European Union Countries." Engineering Economics 32, no. 2 (April 29, 2021): 130–39. http://dx.doi.org/10.5755/j01.ee.32.2.24400.
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Innovation and unemployment are two economic elements related to each other that have been constantly analyzed in the economic debates from the beginning of the 21st century. A classical question is whether innovation creates or destroys jobs. The conventional approach contemplates innovation as a transformation instrument of an economy, resulting in economic growth and jobs creation. Another approach points out to various mechanisms which can compensate the primary effect of innovations and cause an ultimate effect of innovations on labour demand to be unclear. In view of the fact that there are many different explanations about the impact of innovations on labour demand, this paper, after the analysis of theoretical and empirical scientific literature in this field, provides an empirical analysis with unemployment as the dependent variable. The authors use data from 28 European Union countries for the period of 1992–2016 and pursue to research how technological innovations affect unemployment rate. There are two core independent variables – expenditure on R&D (research and development) and number of patent applications – as the main proxies for technological innovations. Control variables that affect unemployment are included to the model as well. The model was estimated using a dynamic two-step System Generalized Method of Moments (GMM-SYS) of a panel data system. After the composition of 12 different estimations of the model, the results suggest that, in some cases, technological innovations affect unemployment.
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Zhang, Wenhong, Yapu Zhao, Longwei Tian, and Dong Liu. "Boundary-spanning demand-side search and radical technological innovations in China." Management Decision 55, no. 8 (September 18, 2017): 1749–69. http://dx.doi.org/10.1108/md-04-2016-0236.
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Purpose The purpose of this paper is to explore how boundary-spanning demand-side search (BSDSS) fuels radical technological innovations as well as how innovation appropriability moderates this relationship. In particular, based on Teece’s (1986) argument regarding the appropriability of innovation, the authors divide factors to influence innovation appropriability into two types: external institution related and internal capability related. Design/methodology/approach This study employs a survey methodology. Specifically, the authors collected a sample composed of 150 high-tech manufacturing Chinese firms. Findings Results show that BSDSS has a positive effect on radical technological innovations. Further, the authors find that dysfunctional competition and political ties negatively moderate the main effect, whereas firms’ legal and IPRs protection capabilities positively moderate the main effect. Research limitations/implications One major limitation is that the findings are based on data derived from Chinese firms, which may limit the generalization of the findings. Practical implications The findings suggest that firms competing Chinese market, both Chinese and foreign firms, should actively leverage BSDSS to boost radical technological innovations. Chinese firms should pay attention to the negative roles of appropriability hazards originating from external institutional environment. Foreign firms in Chinese market should be cautious on potential dysfunctional competition from local competitors, such as imitation and intelligence property violation, and enhance appropriability through building internal capabilities, such as legal and IPRs capabilities. Originality/value The study highlights the crucial roles of BSDSS in radical technological innovations, as well as the moderating roles of innovation appropriability. These results provide new insights into the drivers of radical technological innovations.
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Lu, Yan, Xu Yang, Yixiang Ma, and Lean Yu. "Rebound Effect of China’s Electric Power Demand in the Context of Technological Innovation." Sustainability 14, no. 14 (July 6, 2022): 8263. http://dx.doi.org/10.3390/su14148263.
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Technological innovations in the power industry can help reduce electricity consumption but may also have a negative result due to rebound effects. Estimation and refinement of electricity demand rebound effects are important for assessing the impact of technological innovations. For this purpose, this paper first constructs a Log Mean Divisia Index (LMDI) to measure the structural and technical effects. Secondly, a Data Envelopment Analysis (DEA)–Malmquist Productivity Index is used to calculate the change in the generalized rate of technological progress, narrow rate of technological progress, and technical use efficiency. Thirdly, the electric power demand rebound effect during the New Normal period is calculated to compare with the rebound effect of the overall energy. Finally, a vector auto-regressive (VAR) model and an impulse response function (IRF) are used to investigate the impact degree of electric power demand changes on other energy demand under the “electrical energy substitution” strategy. The empirical results indicate that the general technological progress rate of China’s electric power industry is increasing gradually in the New Normal period, and the variations in electric demand exhibit the characteristics of the backfire effect and partial rebound effect, respectively, in the context of generalized technological innovation and narrow technological innovation. Meanwhile, contrary to the changing trend of the overall energy demand intensity, electric power demand intensity increased continuously with the advancement of the “electrical energy substitution” strategy, which led to a continuous decline in other energy demands.
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Wu, Juecen. "IMPACT OF EXTERNAL TECHNOLOGY ACQUISITION ON THE EFFICIENCY OF ENTERPRISE'S TECHNOLOGICAL INNOVATION." EUrASEANs: journal on global socio-economic dynamics, no. 1(32) (January 31, 2022): 77–84. http://dx.doi.org/10.35678/2539-5645.1(32).2022.77-84.
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Nowadays, the innovation ability has become an important indicator to measure the viability and competitiveness of enterprises. An open innovation is an important strategic component of enterprises’ innovative development. This paper, stemming from the enterprise's external technology acquisition breadth in inbound open innovations, with the extent of industry prosperity as a regulated variable, has selected 255 enterprise from three different manufacturing industry, including medicine, electronics and basic chemical engineering, to study the impact of external technology acquisition on the efficiency of enterprise's technological innovations. The results show that the external technology acquisition has a positive effect on the efficiency of enterprise's technological innovations, and choosing various ways to acquire external technologies more actively is conducive to the improvement in the efficiency of enterprise's technological innovations.
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Shen, Yi, and Xiaoxin Yang. "Study on the Impact of Breakthrough and Incremental Innovation on Firm Capacity Utilization." Sustainability 14, no. 22 (November 10, 2022): 14837. http://dx.doi.org/10.3390/su142214837.
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Effectively resolving manufacturing overcapacity is an important way for China to stimulate economic vitality and achieve high-quality economic development. Although research on technological innovation to resolve overcapacity has attracted academic attention, less research has been conducted from the perspective of innovation intensity. This paper uses the panel data of 1447 A-share listed companies in China’s manufacturing industry from 2016 to 2020, based on a two-way fixed effects model. The paper divides technological innovation into two dimensions to explore the impact of breakthrough innovation and incremental innovation on enterprises’ capacity utilization. The results show that both breakthrough and incremental innovations can effectively improve the capacity utilization of enterprises; however, the breakthrough innovation has a greater degree of improvement. The moderating effect shows that a good institutional environment strengthens the positive relationship between breakthrough innovations and the capacity utilization of enterprises. The heterogeneity analysis finds that breakthrough and incremental innovations have a stronger effect on the capacity utilization of state-owned enterprises. This paper further improves the theoretical framework of the relationship between technological innovation and enterprise capacity utilization and provides a theoretical basis and motivation for the Chinese manufacturing industry to resolve overcapacity and respond to the national requirements for high-quality development.
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Lina, Zhou, and V. Bunkovsky. "ASSESSMENT OF INVESTMENTS’ VOLATILITY IN THE TECHNOLOGICAL INNOVATIONS OF CHINESE ENTERPRISES." TRANSBAIKAL STATE UNIVERSITY JOURNAL 28, no. 9 (2022): 123–30. http://dx.doi.org/10.21209/2227-9245-2022-28-9-123-130.
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Modern development of China is not possible without the support of technological innovations of its individual enterprises. However, the continuous growth of investment in innovation has not led to a proper increase in the innovative level of Chinese enterprises. The object of the study is the innovation activities of enterprises in China. The subject of the study is the volatility of investment in innovation. The aim of the study is to substantiate the impact of investment volatility in the technological innovation of Chinese enterprises in strategic emerging industries. The objectives of the study are to assess the impact of investment volatility in the technological innovation of Chinese enterprises at different stages of the life cycle. The following research methods have been used: analysis, synthesis, analogy, statistical methods. In recent years, there has been an increase in investment volatility in the technological innovation. However, according to a number of Chinese scholars, the unsustainability of enterprises' investment in innovation will eventually lead to an increase in the level of these innovations. The assumptions made by scientists need to be verified. Within the framework of the article, the influence of investments’ volatility in the technological innovations at different stages of the life cycle of Chinese enterprises has been studied. The causes are determined and the various consequences of volatility at different stages of the life cycle of enterprises are considered. It has been established that volatility has a positive effect on the innovation of enterprises in the growth stage, at the mature stage it has a slight stimulating effect, and it has no effect at the stage of decline. The negative deterrent effect of state subsidies for innovation on the volatility of investments at all stages of the life cycle of enterprises is noted
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Kim, Yoomi. "Technological Innovation, the Kyoto Protocol, and Open Innovation." Journal of Open Innovation: Technology, Market, and Complexity 7, no. 3 (September 8, 2021): 198. http://dx.doi.org/10.3390/joitmc7030198.
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This study investigates the role of technological innovation in increasing the effectiveness of the Kyoto Protocol in terms of greenhouse gas (GHG) mitigation. Panel data showing the number of patents for climate change mitigation technology as a measure of innovation are obtained from 54 countries for the period 1990–2015 to verify whether technological innovation is effective in reducing GHG emissions and whether it has a significant synergetic relationship with the Kyoto Protocol. The historical trends in the number of patents for climate change mitigation technology reveal a relationship between the Kyoto Protocol and technological innovation and show differences between specific types of mitigation technology. Based on these innovation data, this study conducts two-stage least squares analysis that considers the time-lag effect. The empirical results confirm that mitigation innovations for buildings and the production or processing of goods have a strong positive association with GHG emission reduction. The findings also support the long-term synergetic effect between innovation and participation in the Kyoto Protocol in terms of GHG mitigation. This study contributes to international climate change governance by providing empirical evidence for technological innovation’s role in strengthening the effectiveness of international regimes and implications for promoting open innovation.
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Ortt, J. Roland, and Tineke M. Egyedi. "The Effect of Pre-Existing Standards and Regulations on the Development and Diffusion of Radically New Innovations." International Journal of IT Standards and Standardization Research 12, no. 1 (January 2014): 17–37. http://dx.doi.org/10.4018/ijitsr.2014010102.
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The controversy among scientists on whether standards and regulations hamper or stimulate innovation contains too little specificity and provides too few clues for innovation managers to act upon. In this article, we underscore the importance of timing and start by focusing on the effect of pre-existing standards and regulations on the subsequent development and diffusion of product innovations. The effect is assessed in terms of the time interval between the invention of a technological principle and the introduction of the first marketable product (development phase), and the successive time interval up to the start of large-scale industrial production and diffusion (adaptation phase). The authors analyse fifty heterogeneous cases studies of radically new high-tech product innovations from the year 1850 onward. The results indicate that pre-existing standards and regulations significantly shorten the adaptation phase of innovations, an effect not found for the development phase. The shortening effect on the adaptation phase is particularly evident for radically new innovations and innovations that are an integral part of larger technological systems. As the adaptation phase is often a time- and capital-intensive phase for industry, this accelerating effect on the diffusion of innovations is highly relevant for innovation managers and policy makers.
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Minguela-Rata, Beatriz, Jose Fernández-Menéndez, and Marta Fossas-Olalla. "Cooperation with suppliers, firm size and product innovation." Industrial Management & Data Systems 114, no. 3 (April 8, 2014): 438–55. http://dx.doi.org/10.1108/imds-08-2013-0357.
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Purpose – The purpose of this paper is to analyze the effect of technological cooperation with suppliers (TCS) and the firm size on propensity to develop product innovations and on propensity to radical innovations. Design/methodology/approach – The study uses data from Business Strategies Survey (ESSE in Spanish). The final sample was composed by 1,952 companies representing the Spanish manufacturing industries. Some control variables were introduced: age, propensity to export and sector technological intensity level. Logistic regression analyses were adopted to analyze the data. Findings – The results indicate that those firms that cooperate technologically with suppliers have a greater propensity for product innovation and, specifying, for radical innovations; and the larger firm size, greater the propensity to product innovations. However, radical product innovations depend of some characteristics of firms and environment. Research limitations/implications – The sample just focusses on Spanish manufacturing companies. Small firms will benefit more from the TCS. Practical implications – Some characteristics of firms and environment can originate some rigidity and take a more conservative attitude. In this sense, large and small firms, as well as, the oldest firms have a more conservative attitude when they carry out radical product innovations. Originality/value – The study contributes to product innovation literature and also to the debate regarding firm size and innovation. It distinguishes between radical and incremental innovations. Indeed, some characteristics of firms (such as size or age) and environment should be considered when the firms carry out the innovation process.
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Bibi, Robeena, Itbar Khan, Sumaira, Zhang Rong, Farah Sadiq, and Le thi Kim Oanh. "The nexus between energy consumption, carbon dioxide emission and technological innovation in the Global panel: Evidence from Panel quantile regression." Journal of Technology Innovations and Energy 1, no. 4 (October 14, 2022): 1–9. http://dx.doi.org/10.56556/jtie.v1i4.289.
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Expanding the capability of technological innovations is curial in acquiring renewable energy sources, enhancing the efficiency of energy and lowering carbon dioxide emissions which can leads to environmental sustainability however the factors effecting the level of technological innovations needs to be explored. Consequently, this study explores the effect of carbon dioxide emission, energy consumption and foreign direct investment on technological innovations in 179 global countries from 1980 to 2019. The results indicate that foreign direct investment significantly and negatively affect technological innovations proxy by patent nonresidents in the lower quantiles while this effect is negative insignificant at the highest. Carbon dioxide emission and financial development significantly and positively effect technological innovations proxy by patent nonresidents while energy consumption and trade significantly decrease technological innovations. In case of dependent variable research and development, the effect of foreign direct investment on technological innovations and international trade is negative while financial development and energy consumption positively and significantly affect technological innovations proxy by research and development. The effect of financial development is negative significant and negative insignificant across quantile while the highest quantile gives positive coefficient thus shows that its increase technological innovations proxy by research and development. The findings have considerable policy implications for the sample countries regarding economic growth, foreign direct investment inflow, energy consumption and technological innovations.
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SADEH, ARIK, and DOV DVIR. "THE EFFECT OF TECHNOLOGICAL RISK, MARKET UNCERTAINTY AND THE LEVEL OF COMPLEXITY ON NEW TECHNOLOGY VENTURES’ SUCCESS." International Journal of Innovation Management 24, no. 05 (August 1, 2019): 2050047. http://dx.doi.org/10.1142/s1363919620500474.
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Innovations in products and services have become a necessity for the survival of modern organizations. The impact of Complexity, Technological risk and Market risk and uncertainty on the success of new technological ventures is investigated. The Complexity dimension reflects the way new ventures are managed during the development and marketing phases. The Novelty dimension reflects market uncertainty, mainly affects the way information about the customers' needs is collected and incorporated into the product design. The technology dimension, deals with the way the development process should be managed. Higher levels of technological risk require longer development periods, more design cycles and later design freeze. Projects are classified by their level of Novelty, Complexity and Technological risk. Structural equation modeling is used in this study to explore the relationships between the various components describing the innovation nature and assessing its success. The study's approach enables testing the relationships between the dependent variables (the Success Measures) and the innovation characteristics. It is shown that building technological infrastructure and new knowledge or technology has a greater impact on the venture's success than meeting operational and economic goals. The question this paper is trying to answer is what factors are more important and how organizations should structure their market and technological strategy. We found that there is no contradiction between high levels of risk or uncertainty and business success. The success of system ventures is significantly higher than the success of lower levels of complexity. Older and more experienced entrepreneurs are likely to be engaged in more complex and novel initiatives than younger, less experienced ones. This study highlights the importance of technological risk with respect to market uncertainty. It is shown that to overcome technological obstacles and to enrich the developing organization with better knowhow and technology will lead to higher innovation success. Although risk and uncertainty that are associated with technology and market may have a negative impact on innovations' success, they are also a source for new opportunities. The research investigates the impact of Technological risk and Market uncertainty on Innovations' success. This approach enables to identify the most important factors affecting technological innovations success.
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Li, Wenjing, Xue Guo, and Dan Cao. "The Complexity of Technological Innovation Decision-Making in Emerging Industries." Complexity 2021 (July 30, 2021): 1–14. http://dx.doi.org/10.1155/2021/3611921.
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It is well known that innovation-driven emerging industries have gradually become the main driving force of global economic recovery and growth. Technological innovation decision-making is a complex and dynamic system, which is affected by various factors inside and outside an enterprise. In this dynamic system, how to make the optimal technological innovation investment decisions is a key concern for enterprises and governments. As an investment activity, technological innovation largely depends on the amount of external financing obtained by enterprises. However, financial constraints have increasingly become an obstacle to enterprises’ technological innovation. At the same time, technological innovation is also affected by the external political and economic environment, such as changes in economic policy, government subsidy policies, and institutional environmental policies. Can these external environments reduce the negative impact of financing constraints on technological innovation? In this study, based on the data of listed companies in China’s strategic emerging industries, we adopt a panel negative binomial regression model to investigate the complexity of technological innovation decision-making from the perspective of financing constraints. Our main findings include the following. First, financing constraints significantly inhibit the input and output of technological innovation in emerging industries. Second, the inhibition effect on the output of substantive innovations is more pronounced than that on the output of strategic innovations. Third, based on the analysis of enterprise heterogeneity in different dimensions, we show that this inhibition has a selective effect among different industries. Finally, we show that economic policy and marketization can help alleviate the inhibition effect of financing constraints on technological innovation.
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WACHIRA, EVANGELINE, and Mr Herick Ondigo. "THE EFFECT OF TECHNOLOGICAL INNOVATION ON THE FINANCIAL PERFORMANCE OF COMMERCIAL BANKS IN KENYA." International Journal of Finance and Accounting 1, no. 2 (November 2, 2016): 61. http://dx.doi.org/10.47604/ijfa.148.
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Purpose: The present study endeavored to determine the effects of technological innovation on the performance of commercial banks in Kenya.Methodology: The study, which was a census, employed a descriptive cross sectional design and targeted all the commercial banks in Kenya. Secondary data in form of annual financial reports was obtained from Central Bank of Kenya. In addition, primary data was gathered from personnel from the customer care departments using a structured questionnaire. Data were analyzed using IBM SPSS Statistics 21.0 and involved computation of frequencies, descriptive statistics and multiple regression analysis.Results: Most of the respondents affirmed the positive impacts of technological innovations including ease of access, convenience, user friendliness among others. The study showed that customer care employees at the banks valued technological innovations. Moreover, the results revealed a positive and significant relationship between banks’ performance in terms of profitability and adoption of various technological innovations including customer independent technology, customer assisted technology and customer transparent technology. The combined effect of the predictor variables (customer independent technology, customer assisted technology and customer transparent technology) was positively correlated with profitability (r=0.7) with 50.8% of the variations in profitability of banks in Kenya being explained by the model. Unique contribution to theory, practice and policy: The study underscored the need for banks to continuously invest in technological innovations for them to remain highly competitive
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Li, Dehong, Jun Lin, Wentian Cui, and Yanjun Qian. "The trade-off between knowledge exploration and exploitation in technological innovation." Journal of Knowledge Management 22, no. 4 (May 14, 2018): 781–801. http://dx.doi.org/10.1108/jkm-09-2016-0401.
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Purpose This study aims to clarify the effect of team effort allocation between knowledge exploration and exploitation on the generation of extremely good or poor innovations. The influence of previous collaborative experience among team members on the effect of team effort allocation is also investigated to understand the relationship between team members’ collaboration networks and knowledge learning. Design/methodology/approach This study uses data of all patents granted by the US Patent and Trademark Office between 1984 and 2010. The inventors involved in a patent are regarded as members of the focal team. Logistic regression is used to analyze the data. Findings Allocating greater effort to exploration than to exploitation is beneficial to achieving breakthrough innovations despite the risk of generating particularly poor innovations. This benefit increases with collaborative experience among team members. Placing an equal emphasis on knowledge exploration and exploitation is not particularly effective in achieving breakthrough innovations; it is, however, the best strategy for avoiding particularly poor innovations. Originality/value This research not only provides valuable insights for research on innovation and knowledge management by studying the team effort allocation strategy used to achieve breakthroughs and avoid particularly poor innovations but also represents an advancement in bridging two streams of research – knowledge learning and social networks – by highlighting the influence of the team members’ collaborative networks on the effect of team effort allocation between knowledge exploration and exploitation.
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Domnich, Yegor. "The Economic Effects of Technological Innovations in the Manufacturing Industry of Russia and the Russian Far East." Spatial Economics 19, no. 4 (2023): 84–116. http://dx.doi.org/10.14530/se.2023.4.084-116.
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The study is devoted to the assessment of the economic effects of technological innovations on productivity in the manufacturing industry of the regions of Russia with a more detailed analysis given for the Russian Far East. The study was carried out on the materials of official statistics of provided by Rosstat and covers the period between 2006–2020 with the detailed periods of 2006–2013 and 2014–2020. It is established that on average, in the period of 2006–2020, technological innovations significantly and positively influenced the productivity of Russian manufacturing enterprises in the regions of the country. The effect of product innovations was most pronounced in 2006–2013 against the background of the financial and economic crisis and the subsequent recovery of the Russian industry. The effect of process innovations, on the contrary, gained strength only in 2014–2020 as foreign markets closed for Russian manufacturers. It is shown that technological innovations are not the most significant factor in increasing the productivity of manufacturing enterprises. In manufacturing industries, productivity depends more on the volume of goods shipped in previous years, as well as on the industry environment of enterprises and the infrastructure constraints within which they have to operate. The total effect of these factors on productivity is 1.5 times greater than the effect of innovation. It is shown that in the manufacturing industry in the Russian Far East, the effect of the total volume of technological innovations on productivity is 1.5–2 times less than in Russia in general, which can be explained by the low efficiency of process innovations in the Far Eastern Federal District. At the same time, the processing enterprises of the district demonstrate an increased effect (by 25–40%) of product innovations relative to the average level in Russia, which is associated with a greater dependence of the enterprises of the district on the fulfillment of individual orders
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Omar, Nadhra Awadh. "Effect of Technological Innovations on the Accounting Practices Efficiency in Kenya." African Journal of Commercial Studies 3, no. 2 (October 12, 2023): 118–26. http://dx.doi.org/10.59413/ajocs/v3.i2.5.
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The landscape of accounting procedures in businesses is undergoing a profound transformation due to technological innovation. Technology has emerged as a catalyst for enhancing financial management through increased efficiency and accuracy. This comprehensive review explores the multifaceted impact of technological innovations on accounting practices, focusing on three key variables: the adoption of accounting software, inventory management systems, and the integration of online payment systems. It scrutinizes the efficiency of accounting practices through the lenses of time efficiency and error rates, dissecting the interplay between these variables. A systematic evaluation of the empirical literature reveals the transformative influence of technology on modern accounting procedures, providing critical insights into best practices and areas for future research. The empirical literature provides compelling evidence of the transformative power of technology-driven innovations, enhancing data accuracy and real-time insights into financial metrics. However, research gaps persist, such as the integration of accounting software with online payment systems, the impact on compliance and reporting requirements, and the unique challenges faced by small businesses. This review highlights the need for balanced exploration of both the advantages and potential challenges of technological innovation in accounting practices. By addressing these research gaps and fostering a nuanced understanding, organizations can make informed decisions and leverage technology effectively to enhance accounting efficiency.
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Quan, Mengqi, Quan Guo, Qing Xia, and Min Zhou. "Research on the Effects of Environmental Regulations on Industrial-Technological Innovation Based on Pressure Transmission." Sustainability 13, no. 19 (October 4, 2021): 11010. http://dx.doi.org/10.3390/su131911010.
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This paper investigates the transmission of pressure between the public, relevant government departments, and industrial firms through the use of formal environmental regulations. The data include formal environmental regulations issued from 2005 to 2019 in 179 cities in 27 provinces in China. The intermediary effect model and the threshold effect model are used to carry out research studies on the relationships between public-participated environmental regulations, formal environmental regulations, and industrial-technological innovations. Results indicate that: (1) Pressure is transmitted between the public, and relevant government sectors and industries. For instance, public-participated environmental regulations pressure relevant government departments to apply strong formal environmental regulations on industrial sectors. (2) Labor and capital have a positive moderating effect on the effect of formal environmental regulations on industrial-technological innovations. (3) Both public-participated and formal environmental regulations promote industrial-technological innovations. (4) There is a threshold effect in formal environmental regulations. For instance, when the intensity of public-participated environmental regulations is higher than 93, the role of formal environmental regulations in promoting industrial-technological innovation can be completely maximized.
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Pletnyova, A. V., E. A. Nasyrova, A. N. Aksenov, and E. A. Khalimon. "Sustainable project management as a tool for increasing the economic effect of technological innovations." Vestnik Universiteta, no. 7 (September 9, 2021): 151–58. http://dx.doi.org/10.26425/1816-4277-2021-7-151-158.
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Currently, companies are searching for ways to develop and ensure competitiveness in the market and are increasingly resorting to the introduction of technological innovations, using the methodology of project management. The article investigates such current approaches to project management as flexible, lean, sustainable and elastic project management. The concept of technological innovations is defined. The situation on the introduction of technological innovations in Russia and in foreign countries is analysed. The indicators for assessing the economic efficiency of the introduction of technological innovations are determined. The relationship between the use of these approaches to project management and increasing the economic effect of the introduction of technological innovations is revealed.
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HECKER, ACHIM, and ALOIS GANTER. "ORGANISATIONAL AND TECHNOLOGICAL INNOVATION AND THE MODERATING EFFECT OF OPEN INNOVATION STRATEGIES." International Journal of Innovation Management 20, no. 02 (February 2016): 1650019. http://dx.doi.org/10.1142/s1363919616500195.
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This paper distinguishes three types of organisational innovation — those in a firm’s knowledge management, workplace, and external relations — and studies their impact on firms’ technological innovation performance. Special attention is paid to the openness and external orientation of a firm’s R&D activities as factor moderating the relationship between organisational and technological innovation. Drawing on the fourth wave of the German part of the Community Innovation Survey (CIS IV), this study shows that organisational innovation acts as an important facilitator of new process (but not product) development. Organisational innovations furthermore prove to be complements (but in some cases also substitutes) to external knowledge sourcing and open innovation strategies.
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Opazo-Basáez, Marco, Ferran Vendrell-Herrero, and Oscar F. Bustinza. "Digital service innovation: a paradigm shift in technological innovation." Journal of Service Management 33, no. 1 (November 18, 2021): 97–120. http://dx.doi.org/10.1108/josm-11-2020-0427.
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PurposeExisting innovation frameworks suggest that manufacturing firms have traditionally developed a complementary model of technological innovations comprising process and product innovations (e.g. Oslo Manual). This article presents digital service innovation as a novel form of technological innovation that is capable of enhancing the performance of firms in certain manufacturing industries.Design/methodology/approachDrawing on technological innovation and digital servitization fields of research, this study argues that digital service innovation, in manufacturing contexts, complements traditional sources of technological innovation, so increasing the profit margins of firms. This effect is significant in industries characterized by business-to-business contexts, high presence of link channels and long product life spans (e.g. manufacturing and computer-based industries). Predictions are tested on a unique sample of 423 Spanish manufacturing firms using parametric (t-test) and nonparametric (fuzzy-set qualitative comparative analysis, fsQCA) approaches.FindingsThe results of this analysis show that a necessary condition so that manufacturing firms can increase profits is the deployment of simultaneous process and product innovations. It also reveals that optimal configuration requires that digital service innovation be undertaken, particularly in machinery and computer-based manufacturing industries. Hence, all three sources of technological innovation are brought together in order to reach the highest levels of company performance. The evidence suggests that technological innovation and digital servitization are closely interrelated in highly innovative manufacturing contexts.Originality/valueThis study's originality and value reside in the fact that it reveals the existence of firms incorporating digital service innovation – a new, technological innovation dimension that challenges existing innovation frameworks – to complement traditional technological innovation sources, namely process and product innovation. Moreover, the study conceptualizes and empirically tests the value-adding role of digital services in firms' technological innovation portfolio.
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Ali, Najabat, Khamphe Phoungthong, Anwar Khan, Shah Abbas, Azer Dilanchiev, Shahbaz Tariq, and Muhammad Nauman Sadiq. "Does FDI foster technological innovations? Empirical evidence from BRICS economies." PLOS ONE 18, no. 3 (March 9, 2023): e0282498. http://dx.doi.org/10.1371/journal.pone.0282498.
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The idea behind the spillover effect of FDI on economic growth is based on the idea that multinational companies can bring technological innovation and rich knowledge to host countries. Therefore, FDI plays a vital role in technological innovations. This study aims to investigate the impact of foreign direct investment (FDI) on the technological innovation of BRICS countries from 2000 to 2020. This study uses the latest econometric techniques, such as the cross-sectional dependence (CD) test, second-generation unit root tests, panel cointegration tests and the Dumitrescu-Hurlin causality test. For long-run run estimation, this study uses the augmented mean group (AMG) panel estimator and the common correlated effects mean group (CCEMG) estimator for empirical analysis. The findings of the study show that foreign direct investment (FDI), trade openness, economic growth, and research & development expenditure positively impact technological innovation in BRICS countries. Also, the model’s long-term causality and lagged error correction term (ECT) are significantly negative. Suggested policy measures will be helpful for BRICS economies in boosting technology innovation through FDI.
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Radicic, Dragana, and Jonathan Pinto. "Collaboration with External Organizations and Technological Innovations: Evidence from Spanish Manufacturing Firms." Sustainability 11, no. 9 (April 27, 2019): 2479. http://dx.doi.org/10.3390/su11092479.
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Based on the two knowledge dimensions of availability and accessibility, this study investigates the influence of cooperation with external organizations on technological, product, and process innovations. Using longitudinal data from Spanish manufacturing firms, we estimate dynamic random-effects probit models and thus take into account that technological innovations exhibit persistent behavior. We find that cooperation with suppliers and universities is positively associated with both product and process innovations. However, sectoral analysis according to technological intensity reveals that cooperation with suppliers increases the propensity to technological innovation in industries with a higher degree of technological intensity, while cooperation with universities increases the likelihood of innovation in industries with a lower degree of technological intensity. Moreover, empirical results indicate a high degree of true or genuine state dependence in both types of innovations. Based on these findings, we discuss the theoretical, managerial, and policy implications of the study.
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Adel Grace P. Gaudicos and Rujube N. Hinoguin. "Diffusion of Technological Innovations and its Effect on Carbon Dioxide Emissions." Journal of Educational and Human Resource Development (JEHRD) 7 (December 30, 2019): 100–109. http://dx.doi.org/10.61569/zx0xxy47.
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The present study investigated the dispersion of technological innovations using diffusion analysis. A massive dataset on the technological innovations and carbon dioxide emissions from the year 2010 to 2018 was obtained globally for increased validity and effect. The study involved 193 countries. Additionally, the regression analysis was done to examine the effect of technological innovations on carbon dioxide emissions. The evidence suggested that wealthy nations are more privileged in generating technology. The type of invention would either have resulted in a decrease or increase in carbon dioxide emissions, and the rise could be due to the rebound effect. Thus, the government should consider the risks and benefits associated with technological innovations and make sure that the identified benefits outweigh the risks.
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Li, Li, and Weimin Li. "The Promoting Effect of Green Technology Innovations on Sustainable Supply Chain Development: Evidence from China’s Transport Sector." Sustainability 14, no. 8 (April 13, 2022): 4673. http://dx.doi.org/10.3390/su14084673.
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This paper analyses direct and indirect mechanisms of the promoting effect of green technology innovation of transport companies on the SSC development. Based on China’s transport sector data, we conduct an empirical study using the LL-FE model. Theoretical and empirical studies have two key findings: (1) On the direct mechanism, green technology innovations of transport companies have a positive role of promoting SSC development. When the level of green technological innovation of transportation enterprises increases by 1% totally, the level of transportation carbon emissions decreases by about 0.23%. (2) As for indirect mechanisms, green technology innovations of transport companies will promote SSC development through technology spill over, market competition and social network. This paper enriches the understanding of green technological innovation and SSC both in theoretical and empirical aspects.
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Wei, Tao, Qinlin Zhu, and Wenlan Liu. "The Effect of Market-Based Environmental Regulations on Green Technology Innovation—The Regulatory Effect Based on Corporate Social Responsibility." Sustainability 16, no. 11 (June 1, 2024): 4719. http://dx.doi.org/10.3390/su16114719.
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This study explores the impact of market-based environmental regulations on green technological innovation and the differential regulatory effects of corporate social responsibility (CSR) on different levels of green technological innovation. By analyzing data from 746 Chinese A-share listed companies from the period of 2008–2021, this paper examines the effect of market-based environmental regulations on corporate green technology innovation. The research findings are as follows: (1) Market-based environmental regulations have a significant promoting effect on green technology innovation in enterprises. (2) CSR amplifies the positive influence of market-based environmental on green technological innovation, but it has a greater impact on strategic innovations, like utility model patents, rather than substantial ones, like invention patents. Corporate may use CSR to superficially meet regulatory pressures and stakeholder expectations, focusing more on short-term compliance than on long-term sustainable innovation. Companies might utilize CSR as a superficial means to appease regulatory demands, concentrating on immediate compliance rather than fostering enduring innovation. (3) Market-based environmental regulations facilitate green technological innovation by alleviating enterprise financing constraints and improving the efficiency of innovation resource allocation. (4) The promotion effect of market-based environmental regulations on green technological innovation is particularly evident in state-owned enterprises, heavily polluted industries, and regions with high regulatory levels. The research contribution is to provide valuable insights into the implementation of market-based environmental regulations and firms’ green technological innovation. Specifically, it elucidates the nuanced regulatory effects of corporate social responsibility, presenting a fresh lens through which to reconsider the intricate mechanism of CSR’s role as a conduit between environmental policy and innovative practices.
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Liu, Yankun, and Ghulam Rasool Madni. "Role of scientific and technological innovations on industrial upgradation in China: A spatial econometric analysis." PLOS ONE 19, no. 5 (May 30, 2024): e0304344. http://dx.doi.org/10.1371/journal.pone.0304344.
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China is in a phase of high-quality development, where scientific and technological innovations are serving as the primary driving force for its development strategy. This emphasis on innovations is expected to fuel the upgrading of the industrial structure. This study investigates the role of scientific and technological innovations in industrial upgradation in China using spatial econometric analysis. Leveraging the data of 31 provinces of China from 2005 to 2022, we employed a spatial Durbin model to determine the spatial spillover effects of scientific and technological innovations on industrial upgradation. Our findings reveal the significant positive spatial spillover effects, indicating that provinces with higher levels of scientific and technological innovations tend to experience greater industrial upgradation, which in turn contributes to regional economic development. Furthermore, the findings suggest a strong spatial correlation between innovation and the upgrading of industrial structures, indicating that regional innovations have the potential to drive China’s industrial upgradation. These results underscore the critical role of scientific and technological innovations in promoting industrial upgradation and regional development in China.
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Brouillat, Eric, Vanessa Oltra, and Maïder Saint Jean. "Les trajectoires de l’éco-innovation dans l’industrie. Un premier bilan des recherches." Économie appliquée 66, no. 4 (2013): 83–115. http://dx.doi.org/10.3406/ecoap.2013.3654.
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This paper relies on a review of empirical research studies and agent-based models to analyze eco-innovations in industry in terms of technological trajectories. Eco-innovations result from technological trade-offs on which technological trajectories of firms are grounded. Such trade-offs explain why environmental progress is gradual and how lock-in effects hinder breakthrough eco-innovations. Policy design and policy mix in environmental policy turn to be essential to shape trajectories of eco-innovation.
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Shastitko, Andrey. "Process Innovations under Cournot Competition for N > 2." Moscow University Economics Bulletin 2015, no. 3 (June 30, 2015): 3–25. http://dx.doi.org/10.38050/01300105201531.
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This study reveals incentives for process innovations and their effects related to different conditions of creation process and the provision of an access to the results of intellectual activity for companies in the absence of antitrust restrictions and unfair competition. The model of the process innovation is designed for competition à la Cournot for N firms. Conclusions on the effect of process innovations on changes in prices, volumes, consumer surplus and industry profit are presented. A numerical example is employed to identify cost thresholds for innovations and conditions for voluntary licensing. It is shown that the total effects of innovations are higher than the effects related to the returns of technological leader. This indicates not only the problem of probable underinvestment but also demonstrates transaction cost arising form the process innovation. Technology competition and cooperation cases for three initially symmetric firms are discussed.
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Polushkina, I. N. "Modern innovative health care policy in Russia." Medical Almanac, no. 3-4 (October 14, 2019): 7–10. http://dx.doi.org/10.21145/2499-9954-2019-3-7-10.
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The article is devoted to the analysis of innovations in healthcare in Russia. The author assessed the concept of innovation with the object-process approach. It is noted that, unlike the economic sphere, where the research, development and implementation of innovations are liked to the law of profit, in the social sphere, such as health care, innovations are broader in their nature and bring economic effect, which can be either direct or indirect. The author considers sush types of innovations in the field of health care as: technical (medical-pharmaceutical), organizational-managing, processual (technological), economic, informational and technological innovations. As the study shows, there are systemic problems of innovation implementation in healthcare in Russia. The presence of these problems is connected with a whole complex of urgent fundamental structural disproportions in Russia, which require solid decisions. The author formulates the main tasks of the innovation policy of Russia in the field of health care at current stage of development. Among them are: to raise the level of infrastructure support, to increase the rates of material, technical, personnel and organizational and technological transformation of the health care system as innovation basis; optimize funding for innovation in health care; identify priority areas; in the contradiction between tradition and innovation; to develop a unified system of planning, monitoring and managing innovative projects in health care, which will help to significantly improve the efficiency of their implementation.
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Gao, Hua, and Zhenghao Meng. "Research on the Spillover Effect of Different Types of Technological Innovation on New Energy Industry: Taking China’s Solar Photovoltaic as an Example." Sustainability 15, no. 10 (May 16, 2023): 8067. http://dx.doi.org/10.3390/su15108067.
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Technological innovation has always played a very important role in the development of new energy industries. This paper takes the solar photovoltaic industry as an object of study, taking into account the diffusion of technological advances and the different roles of different technological innovations, and uses a spatial econometric SDM model to analyze the spillover effects of different types of technological advances on the solar industry in China. It is found that for the PV industry, efficiency-enhancing technological advances have the most significant impact, with efficiency-enhancing technologies contributing significantly to the annual electricity production of the PV industry; safety-enhancing technological advances having the second highest impact on the industry’s development; and cost-reducing technological advances have no significant impact on the industry. The study also found that due to the positive externalities of technological innovation, the spillover effect of technological innovation between regions has a significant impact on the development of the regional solar PV industry. In the long term, the direct effect of efficiency-enhancing technological innovation on the development of the PV industry is significantly positive, while the direct effect of safety-enhancing technological innovation on the development of the PV industry is significantly negative. Therefore, in the future, China’s solar energy industry should combine the capital investment of different types of science and technology into research and development, fully consider the impact of regional and technological spillover on industrial development, use technological innovation spillover to promote technological exchange and progress, and continuously improve the level of equipment operation safety, output efficiency, and electricity cost.
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Bodas Freitas, Isabel Maria, and Cornelia Lawson. "Imprints from idea origin on innovation and the development environment." Industrial and Corporate Change 28, no. 6 (April 21, 2019): 1533–53. http://dx.doi.org/10.1093/icc/dtz018.
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Abstract This study builds on the evolutionary and organization literatures to explore how the nature of innovation outcomes was influenced by the innovation’s original idea and the environment in which it was developed. We use data from a survey of inventors on the development processes of three types of innovations: market success innovations, technologically novel innovations, and innovations that are both technologically novel and of market success. Our results suggest that the environment in which the project is developed erodes the effect of the original knowledge sources on the innovation outcome. Specifically, a stronger imprinting effect of knowledge sources is found for independent inventors, while ideas are more likely to be eroded in projects undertaken by inventors at technology leader firms.
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Khanalizadeh, Bahman, and Neda Ranjandish. "Impact of Technological Innovation, Research and Development on the Defense Economy - Iran Country." Review of innovation and competitiveness 7, no. 1 (July 5, 2021): 59–74. http://dx.doi.org/10.32728/ric.2021.71/3.
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The Purpose. This research is to investigate the relationship between the variables of technological innovation, research and development costs, economic growth, sales and export of weapons and military costs in Iran for the years 2000 to 2017. Design/Methodology/Approach. In this study, we examine using Autoregressive Distributed Lag (ARDL) method to explore the estimating the impacts of technological innovation, research and development costs, economic growth, sales and export on military costs. Findings/Implications. The results of this study showed that the impact of technological innovation and research and development costs on military costs is negative in short-term and long-term. Although the effect that these two variables have on military spending in the short-term is very close, in long-term the effect that research and development costs have on military spending is far greater and more significant. Also, the impact of economic growth on Iran’s defense economy is much less than the variables of technological innovation and research and development costs. So that this effect will be less in long-term. But, the amount of arms sales and exports in the short-term has a positive effect on defense spending, but in long-term it becomes negative and increase in arms sales and exports can help Iran’s defense economy. Originality. The countries defense economy can always have positive effects on military and civilian research and development, scientific innovation and technological progress, in this condition that the country’s macroeconomics can spend military spending on research and development and support innovation and inventions. Eventually adopt arrangements that use the innovations of the defense industry in the civilian sector, which will lead to economic growth. This is the experience of many developed countries that have been able to use the technological advances and innovations of the military sector in the civilian sectors as well, and to cause the economic progress and development of their country.
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Liu, Xiaohong. "Dynamic evolution, spatial spillover effect of technological innovation and haze pollution in China." Energy & Environment 29, no. 6 (April 3, 2018): 968–88. http://dx.doi.org/10.1177/0958305x18765249.
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This study investigates 30 provinces in China between 2003 and 2014. Kernel density method is used to analyse the dynamic evolution of haze pollution and technological innovation research and development (R&D), while spatial econometric analysis is used to study the impact of technological innovation on the haze pollution. The results show that haze pollution presents global spatial autocorrelation and local spatial cluster in China. China’s haze pollution has a significant spatial dependence and spatial spillover. A disproportion distribution pattern of haze pollution exists among provinces in China: the central region is the most polluted area followed by the western region, the northeast region and the eastern region. The kernel density curve shows that the gap between technology innovations R&D among provinces has expanded year by year. There is a polarization between the technological innovations R&D. Dynamic evolution results showed that during 2003–2012, the kernel density distribution curve of haze pollution showed a leftward shift, indicating that provincial haze pollution decreased gradually. However, the kernel density distribution curve of haze pollution showed a rightward shift in 2014, and the provincial haze pollution increased. During 2003–2012, the gap of haze pollution among different provinces in China gradually narrowed, while in 2014, the gap increased significantly. Spatial econometric results show that the indirect effects and the total effects of technological innovation are significantly negative. Technological innovation can not only reduce the regional haze pollution but also indirectly lead to the decline in the haze pollution of adjacent provinces through the knowledge spillover effect. The increase of population density can effectively reduce the haze pollution. There is an inverted ‘U type’ relationship between economic development and haze pollution. The increase of traffic pressure will aggravate the degree of haze pollution.
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Vorotnikov, I. L., A. S. Gorbacheva, and I. P. Glebov. "INVESTIGATION OF CAUSE-AND-EFFECT RELATIONSHIPS BETWEEN TECHNOLOGICAL INNOVATIONS AND THE EFFICIENCY OF THE PROCESS OF REPRODUCTION OF FIXED ASSETS (ON THE EXAMPLE OF THE SARATOV REGION)." Scientific Review Theory and Practice 11, no. 5 (2021): 1399–409. http://dx.doi.org/10.35679/2226-0226-2021-11-5-1399-1409.
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This article reveals the cause-and-effect relationships of the influence of technological innovations on the efficiency of reproduction of fixed assets in the crop production industry. The introduction of innovations is a complex, time-consuming and costly process in agriculture, but, as a rule, without the development of the innovation process in the agricultural sector, the reproduction process will not be effective. The strongest negative impact on the innovation process in agriculture is caused by the low level of effective demand for scientific and technical products. The model of the main stages of the innovation process in agriculture is presented, taking into account logically related stages, namely, from the emergence of an idea to its implementation in specific products and services sold on the agricultural market, and also reflects the emerging financial flows and typical subjects of the innovation process in the industry. The analysis of indicators of net profit and costs for technological innovations of enterprises A and B of the Yekaterinovsky district of the Saratov region is carried out. The correlation analysis carried out between the level of profitability and the costs of technological innovations in crop production of enterprises A and B of the Yekaterinovsky district of the Saratov region allowed us to identify the impact of innovative technologies used in crop production on increasing the level of profitability. The organizational and economic mechanism of reproduction of fixed assets in the crop production industry is considered, which made it possible to identify sources of financing of the reproduction process at enterprises. As a result of the study, it was revealed that the use of innovative technologies in the crop production industry is one of the key reasons that create conditions for expanded reproduction. The cause-and-effect relationships are revealed when introducing technological innovations in order to form a model of reproduction of fixed assets in the crop production industry.
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Gao, Xudong, and Mingjun Fan. "The role of quality institutions and technological innovations in environmental sustainability: Panel data analysis of BRI countries." PLOS ONE 18, no. 6 (June 23, 2023): e0287543. http://dx.doi.org/10.1371/journal.pone.0287543.
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The majority of countries struggle to accomplish sustainable development and environmental sustainability; nevertheless, environmental degradation issues can be resolved by enhancing technological innovations and institutional effectiveness. This study assesses the impact of technological innovations and institutional quality on carbon dioxide emission in the Belt and road initiative countries for the time period of 2002 to 2019. Fixed effect, OLS, and generalized method of moment estimators were applied to the panel data for analysis. The results shows that energy from fossil fuels, economic growth and technological innovations increase environmental degradation by rising carbon dioxide emission. Renewable energy consumption, the rule of law, and the quality of institutions make a significant contribution to the improvement of environmental quality. In particular, the Environmental Kuznets Curve and Innovation Claudia curve is valid in the Belt and Road Initiative countries. In the presence of quality institutions, countries can achieve sustainable growth and environmental sustainability by expanding their use of green technology and renewable energy. The findings provide suggestions to the sample countries on the improvement of institutional framework and technological innovations in order to achieve sustainable development.
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Liu, Haihua, Peng Wang, and Zejun Li. "Is There Any Difference in the Impact of Digital Transformation on the Quantity and Efficiency of Enterprise Technological Innovation? Taking China’s Agricultural Listed Companies as an Example." Sustainability 13, no. 23 (November 23, 2021): 12972. http://dx.doi.org/10.3390/su132312972.
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The effect of digital transformation on enterprise technological innovation is reflected in quantity and quality, which may show heterogeneity. In this regard, this paper uses the data of China’s A-share agricultural listed companies from 2015 to 2020 to compare the differential impact of enterprise digital transformation from the perspective of quantity and quality of technological innovation. Firstly, the Tobit model is used to test whether there are differences in the impact of digital transformation on the quantity and quality of technological innovation of agricultural enterprises, and heterogeneity is tested according to the nature of enterprises. Secondly, this paper explores the reasons digital transformation has different effects on the quantity and quality of technological innovation through mechanism analysis. Finally, according to the threshold model, the conditions for digital transformation to promote the quantity and quality of technological innovation of agricultural enterprises are discussed. The empirical results show that, first, the digital transformation of agricultural enterprises only promotes the number of technological innovations, and there is heterogeneity in the nature of enterprises, but the innovation efficiency is not affected. Second, the period expense rate will lead to digital transformation, having different effects on the quantity and efficiency of technological innovation of agricultural enterprises. Third, the impact of digital transformation on the technological innovation efficiency of agricultural enterprises has a significant single threshold effect, and when the period expense rate is less than the threshold, the digital transformation has a significant role in promotion.
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Prasetyaningtyas, Sekar Wulan, Aishah Aishah, Brenda Hansen, and Deviana Kuspriandani. "The Effect of Technological Innovation on Employee Performance in Pandemic Era: Case from Banking Industry in Indonesia." Jurnal Organisasi dan Manajemen 17, no. 2 (November 15, 2021): 122–36. http://dx.doi.org/10.33830/jom.v17i2.1921.2021.
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This study assessed the impact of technological innovation on employee performance, especially during the COVID-19 pandemic situation. Data were gathered from private and government banks that applied technological innovations to the COVID-19 Pandemic. The author also elucidated more about the influence of technological innovation on employee performance, influenced by job satisfaction, work-life balance, and burnout. This study described technological innovation within the Jabodetabek Area’s banking industry by using variables that affect employee performance. The questionnaires were distributed through social media to 123 respondents under 40 years of work. The data were then analyzed using PLS-SEM through SmartPLS 3 software. Findings. The results of this study indicated the positive effect of technological innovation on the performance of bank employees. Utilizing technological innovation will increase employees’ satisfaction at work, balance employees' lives, reduce burnout, and improve employee performance eventually. This paper focused on the variables used in the banking industry, especially in COVID-19 Pandemic. Mediating variables used also have never been explored in the previous research.
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Onaltayev, Darkhan, Aigerim Kazhmuratova, Sandygul Akhmetkaliyeva, Rilla Malikova, and Aliya Yelyubayeva. "Application of technological innovations in marketing activities of the enterprise." E3S Web of Conferences 135 (2019): 04046. http://dx.doi.org/10.1051/e3sconf/201913504046.
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This article presents the results of the study of problems related to the management of business activity of high-tech companies, the key components of which are include innovation and marketing activities. These components of entrepreneurial activity are interrelated, because as innovation activity increases, so does the need for increased marketing activity to ensure that the market is ready to consume new products. In turn, it creates conditions for a wide release of innovations and rapid return on investment. It is proposed to evaluate and regulate innovation and marketing activities are carried out using a combination of provided indicators and models. For successful management of innovation and marketing activities relevant mechanisms are required. The article describes their methodological features. Three types of strategic orientations are also considered: customer, technology and combined customer / technology orientation. We analyze their direct impact on the effectiveness of innovation, as well as the deterrent effect of marketing management in terms of the marketing mix about these relationships.
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Lee, Sangwon. "When is the atypical design not penalized? Moderating role of product innovativeness and technological sophistication in consumer’s evaluation of new products." American Journal of Business 34, no. 3/4 (November 15, 2019): 169–88. http://dx.doi.org/10.1108/ajb-06-2018-0035.
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Purpose The purpose of this paper is to examine the individual and joint effects of the two design dimensions, form design and functional design, and moderating role of product innovativeness and technological sophistication in consumer’s evaluation of new products. Employing theoretical underpinnings from categorization theory, this paper investigates two major research questions. First, what type of form is more advantageous for a radically new product or an incrementally new product? Second, is there an individual difference in consumer evaluations to innovative products with various form designs? Design/methodology/approach One pre-test and three between-subject experiments were performed. In Experiments 1 and 2, a two-way between-group ANOVA analysis was performed to examine the effect of form and the degree of technological innovation on attitude toward the product using different product categories (car and camera). In Experiment 3, a three-way between-group ANOVA analysis was performed to explore the impact of form, the degree of technological innovation and consumer technological sophistication on attitude toward the product. Findings The results from the three experiments conducted demonstrate that, first, whereas the form design for incremental innovations must be closer to the incumbent products for favorable evaluations, less typical form is evaluated as good as a more typical form for radical innovations. Second, form design of an innovative product matters more to the technologically more sophisticated consumers (experts). Originality/value This paper extends the previous design literature and fills the gap of under-researched area by demonstrating that individual difference, technological sophistication, moderates the design effect on consumer evaluation of innovation; providing boundary condition of when the atypical form is not penalized in spite of consumer’s perceived learning cost; examining how the form and function interplay in “high-status product”; and demonstrating how to strengthen the reliability and validity by replicating the study. Managerially, this paper demonstrates that innovating firms can influence the perceived value of new products using form and functionality, and marketing managers who launch really new products have strategic freedom of choosing own product design.
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Todorovic, Tanja, Nenad Medic, Milan Delic, Nikola Zivlak, and Danijela Gracanin. "Performance Implications of Organizational and Technological Innovation: An Integrative Perspective." Sustainability 14, no. 5 (February 28, 2022): 2836. http://dx.doi.org/10.3390/su14052836.
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Manufacturing firms engage in various innovation activities to achieve a sustainable competitive advantage. Although technological innovation is considered one of the key performance drivers, organizational innovation has become increasingly prominent. This study analyzes the relationship between organizational and technological innovation and examines their effect on firm performance in the manufacturing context. The empirical evidence is based on the European Manufacturing Survey (EMS)—Serbian data set gathered in 2018. Hypotheses on the relationship between organizational and technological innovations and firm performance are tested by structural equation modeling using data from 240 Serbian manufacturing firms. The results have shown that technological concepts strongly mediate the impact of organizational factors on firm performance (return on sales—ROS). Moreover, it could be said that, in contrast to the individual approach, to foster a ROS, a synergic effect of organizational and technological concepts is needed, implying the need for an integrative perspective in the process of innovation.
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Donato, Alessia. "Effect of science in the relation between firms' technological diversification and innovation performance." Journal of Mathematical Economics and Finance 6, no. 1 (June 30, 2020): 7. http://dx.doi.org/10.14505/jmef.v6.1(10).01.
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Several studies have analyzed the relationship between the firms’ technological diversification and the innovation performance outcomes. We use information coming from patents portfolio of a sample of firms that operate in a nanotechnology sector and analyze the effect, in this relationship, of the use of scientific knowledge in the development of patented inventions. We find, firstly, that the trend of the quality of innovation with the technological diversification of a firm appears similar to a Gaussian with positive asymmetry. Secondly, we find that with the increase in the percentage of the used science by year, in one side, firms appear to obtain the maximum impact of the innovation, in average, with a less technological diversification in the patent’s portfolio and, in the other side, innovations with more impact are obtained in average.
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Nancy Gloria Miranda and Tengku Ezni Balqiah. "Role of Network Externalities and Innovation Characteristics in Influencing Intentions to Use an Online Bank: Moderating Technological Anxiety." International Journal of Business and Society 21, no. 3 (April 27, 2021): 1352–65. http://dx.doi.org/10.33736/ijbs.3354.2020.
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Digital innovations have numerous impacts on modern life; as such, many business models have integrated online or virtual forms, which includes banking. An online bank is a virtual form of a bank’s business model that utilizes smartphones and the Internet. This paper intends to analyze the role of network externalities, innovation characteristics, and technological anxiety on the intention to use new forms of this financial business model. The model of this research uses three aforementioned theories on intention to use an online bank in Indonesia. This paper further verifies the relationship between network externalities to intention to use and examines whether any mediating effect of innovation and/or technological anxiety have a moderating effect on the proposed relationships. With the participation of 174 respondents, the data were gathered through purposive sampling and then analyzed using structural equation modeling with three typesof relationships: direct, indirect/mediation, and moderation. The result show that network externalities have direct effects on intention to use, most characteristics of innovation have mediating effects on previous relationships, and technological anxiety has a moderating effect in some paths.