Academic literature on the topic 'Markets for innovation'

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Journal articles on the topic "Markets for innovation"

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Whitaker, Stephan David. "Financial innovations in municipal securities markets." Journal of Public Budgeting, Accounting & Financial Management 30, no. 3 (September 3, 2018): 286–314. http://dx.doi.org/10.1108/jpbafm-02-2018-0006.

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Purpose The purpose of this paper is to measure how frequently innovative financial products appeared or became widely adopted in the municipal securities markets over the last two decades; and also investigate what types of issuers adopted the innovations, the relationship between yields and innovation and the patterns of diffusion within states. Design/methodology/approach Using comprehensive data on municipal securities issued from 1992 to 2015, the author searches for financial innovations as defined in the literature. The author uses issuer fixed effects models to characterize the relationship between yields and use of innovative products. Other models provide estimates of the conditional correlations between issuer characteristics and innovation usage. Finally, the author fits trend models to identify significant differences in the pace of adoption between different types of issuers. Findings In total, 35 security features fit one or more definitions of innovation. Extensive analysis is presented for four innovations that represent significant transfers of risk: variable rates, put options, corporate backers and derivatives. Small issuers used these innovative products, but the largest issuers adopted them to a greater extent. Usage appears to diffuse within states. Issuance of innovative securities fell during the financial crisis and has not recovered. Novel securities since the financial crisis have been created by legislation rather than by market participants. Research limitations/implications The data appear to cover all or nearly all municipal securities, but they do not cover loans or other types of municipal borrowing. Practical implications This analysis reveals that financial innovations in municipal securities markets usually take the form of a rare practice becoming widespread rather than a never-before-seen feature appearing in the market. Changes in response to legislation are an exception. Social implications Regulators concerned about financial stability can monitor the expansion of formerly rare securities features. This will be informative about new risks or transfers of risk in the market. They can also anticipate that expanded use of an innovation by states and high-volume issuers will be followed by adoption of the innovations by smaller, less sophisticated issuers in subsequent years. Originality/value This paper is the first attempt to empirically analyze the extent of financial innovation in municipal securities. Existing public finance literature has proposed definitions of financial innovation, qualitatively documented some specific innovations and empirically analyzed others. However, no previous study has empirically analyzed the entire municipal securities market for all possible innovations.
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CHIU, Iris H.-Y. "A Rational Regulatory Strategy for Governing Financial Innovation." European Journal of Risk Regulation 8, no. 4 (October 3, 2017): 743–65. http://dx.doi.org/10.1017/err.2017.50.

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AbstractModern financial regulation has predominantly been economically-driven,1 progressing from addressing market failures to making markets more competitive and work better.2 The UK Financial Conduct Authority is expressly mandated to pursue regulatory objectives that maintain market integrity and protect consumers (addressing market failures) and to promote competition (making markets work better).3 Both the FCA and its sister regulator, the Prudential Regulation Authority (for banks), have recently adopted innovative regulatory initiatives to promote technologically-driven innovation, aimed at making markets work better. These initiatives are also a response to the recent explosion of technologically-led financial innovation outside of the regulatory perimeter.In promoting financial innovation, we argue that the regulators have insufficiently focused on the need to govern financial innovation more generally. Although this concern may seem premature, the regulatory innovations are increasingly extending the perimeter for regulatory oversight of financial innovations. As the regulatory innovations have the potential to develop into more mature regulatory frameworks for governing financial innovation, we argue that regulators should manage the risks of their current approach and develop a regulatory strategy framework for balancing regulatory objectives and developing regulatory policy. We propose a framework anchored in rationality, consistency and accountability in governing financial innovation.
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Ruiz-Pava, Guillermo, and Clemente Forero-Pineda. "Internal and external search strategies of innovative firms: the role of the target market." Journal of Knowledge Management 24, no. 3 (June 4, 2018): 495–518. http://dx.doi.org/10.1108/jkm-08-2017-0349.

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Purpose This paper aims to develop the concept of internal search of ideas to show the contrast between search strategies adopted by firms that introduce new products into local and international markets. Design/methodology/approach Based on data from 2,652 innovative firms, the paper uses factor analysis to explore and confirm appropriate groups of sources of innovative ideas. The analysis differentiates between internal and two types of external sources. Logistic and bivariate regressions reveal different search strategies for innovation in local and international markets. Findings Firms reporting products new to international markets exhibit search strategies combining ideas from internal sources with ideas from other firms. Firms reporting products new to local market reveal a search strategy centered on ideas from other firms. Practical implications Managers and policymakers wishing to promote innovations for international markets should concentrate their resources on developing the organizations’ capacity to generate ideas internally while monitoring other firms’ ideas. Managers targeting local markets may focus their efforts on intelligence over ideas coming from other firms. Originality/value Clarifying the relationship between knowledge and ideas, the paper finds that search strategies of firms are more effective for innovation depending on the target market. Firms searching for ideas among other firms generate ideas that might trigger innovation in products new to local markets. Firms searching both for internal and external ideas generate ideas leading to products new to international markets.
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Mikhaylova, Nataliya, and Ksenia Shvetsova. "The System of the Competitive Promotion of Russian Innovations in the Global Market." Vestnik Volgogradskogo gosudarstvennogo universiteta. Ekonomika, no. 3 (December 2020): 160–72. http://dx.doi.org/10.15688/ek.jvolsu.2020.3.14.

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The globalization of innovation collaboration provides an opportunity for the most successful innovators to scale their businesses by leveraging the potential of new markets, supplanting less successful innovators that previously existed in those markets. At the same time, niche national leaders of the innovation process have competitive advantages to maintain their positions in the global market. Changes in the scale of economic activity have a direct impact on the performance indicators of all participants in the economic process, which determines the relevance of this study. By increasing the potential for innovation, the use of innovation activates the process of national companies entering the world market of high-tech products. The authors consider the obstacles to the competitive promotion of domestic innovations in the global market: a high degree of monopolization of Russian economy, high entry barriers to the market, which reduces the quality of innovation activities of large enterprises and limits the flow of financial resources into innovation processes at the level of small and medium-sized businesses. Along with this, todays Russian innovator is under severe pressure from the collective West, which, combined with the lack of its own technological base for full-cycle innovative production, can be viewed as a critical obstacle to the uninterrupted promotion of domestic innovations in the global market. The article examines the main existing and potential competitive advantages of Russian innovative business relevant from the point of view of ensuring its functioning in the system of global value chains in the innovation sphere.
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Vdovichen, Anatolii, and Olha Vdovichena. "MANAGEMENT MODEL OF THE TOURISM BUSINESS TERRITORY DEVELOPMENT BASED ON INNOVATION APPROACH." Economic Analysis, no. 28(2) (2018): 9–20. http://dx.doi.org/10.35774/econa2018.02.009.

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Introduction. The article focuses on achievements, both foreign and domestic scientists, considering the need to use innovative management for effective development of tourism in Ukraine. Purpose. The article aims to analyse and systematize the main approaches to the development of innovative tourism business area in terms of disproportionality global and local tourist market. Method (methodology). In order to achieve the goal, the following tasks have been defined: to investigate the categorical apparatus of the concept of "innovation in tourism" (it will define the essence of this category); to offer a classification of types of innovations in the tourism business on the basis of the views of both domestic and foreign scholars; to provide a basic model for the development of innovative IT projects in the field of tourism services. The object of the research is the process of applying innovations in the tourism business in the conditions of disproportionate development of national and regional tourism services markets. The theoretical and practical approaches to the application of innovations in the development of tourism in Ukraine have become the subject of the study Results. We have investigated that the development of innovative IT start-ups (IT projects) in tourism occurs if the following three components: tourism business, innovating technology and information systems and technology management. The essence of the innovative approach in tourism is the creation of new and improvement of existing services, development of new markets, strategic business alliances, active introduction of modern information technology, new forms and methods of management. The effective use of innovations will lead to the creation of competitive tourism products and services both in the national and international markets.
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Kornilov, Georgy V., and Arkady V. Trachuk. "Identifying lead markets for the international banknote production industry." Russian Management Journal 18, no. 4 (2020): 497–524. http://dx.doi.org/10.21638/spbu18.2020.402.

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This paper contributes to theoretical study of innovation diffusion by exploring a role of lead markets factor for innovation adoption at international markets of products and technologies for national security. The study is based on data obtained from analysis of innovations in banknote production industry. The international banknote industry characterized by limited number of buyers (monopsony) and suppliers (oligopoly) is an example of highly innovative sector with important national security task to maintain integrity of currency circulation. It is a truly global industry focused on constant development of new security technologies adopted by most of the central banks. Our findings suggest the factor of lead market is one of the key elements in taking decision by the central bank to adapt certain security features and technologies for their banknotes. Geographical origination of a particular technology is been put aside when issue of national security is in place. Only the value of an innovation itself matters. We argue that lead market factor is a specific characteristic for of innovation diffusion in this sector that should be common for areas where government institutions act as single buyer when the supply is scarce i.e., military industry, space sector, some pharmaceutical markets etc.
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Onyas, Winfred Ikiring, and Annmarie Ryan. "Agencing markets: Actualizing ongoing market innovation." Industrial Marketing Management 44 (January 2015): 13–21. http://dx.doi.org/10.1016/j.indmarman.2014.10.003.

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Tyukavkin, Nikolay M. "ECONOMIC PROCESSES OF INNOVATION DEVELOPMENT BASED ON THE NATIONAL TECHNOLOGICAL INITIATIVE." Vestnik of Samara University. Economics and Management 11, no. 3 (November 4, 2020): 27–34. http://dx.doi.org/10.18287/2542-0461-2020-11-3-27-34.

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In the article the author views economic and managerial issues of development of innovative activities of industrial enterprises based on the implementation of economic processes of the National technological initiative; presents the parameters of NTI implementation; shows that the effectiveness of innovative development of industry determines the creation of future markets, allowing enterprises to shape the image of the future of industry, to carry out a continuous and complex innovation process, the production of innovations, their commercialization and market demand. The author substantiates the relevance of implementing the processes of innovative development of the industrial complex of the region on the basis of NTI, which consists in the fact that the creation of innovations and their commercialization allowed enterprises to have a leading position among similar manufacturers, creating products with a high level of knowledge intensity, thereby forming new technological markets. NTI stimulates the development of new markets, determining the forecast of economic development. Innovative development of the region's industrial complex on the basis of NTI involves the creation of an integration grouping of the industrial sector on the basis of the innovation ecosystem. The most significant result of the research is the development of a model and an algorithm for evaluating the innovative ecosystem of the industrial complex of the region based on NTI. The model reflects that the development of STI projects is carried out through the innovation support infrastructure. In order to implement innovative STI projects, a regional ecosystem of innovation support is being created on the basis of industrial clusters. The main importance in the ecosystem is the network connections of participants in innovative processes and their technological capabilities (points of technological growth). In the article it is shown that the strategy for implementing STI to create new markets and technologies is based on the innovative activity of industrial complexes. In the model of the proposed ecosystem of innovative support for the industrial complex of the region based on NTI, an algorithm for evaluating the effectiveness of its functioning has been developed.
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VON JANDA, SERGEJ, SABINE KUESTER, and MONIKA C. SCHUHMACHER. "A CONFIGURATIONAL PERSPECTIVE ON BoP INNOVATION CAPABILITY." International Journal of Innovation Management 25, no. 05 (February 5, 2021): 2150060. http://dx.doi.org/10.1142/s1363919621500602.

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Marketing capabilities are a major driver of competitive advantage across different business contexts. One of these capabilities is the ability to sense consumer needs and to develop innovations to meet these needs, referred to as innovation capability. Innovation holds the potential to improve the living conditions of resource-constrained consumers at the bottom of the world’s economic pyramid (BoP) in emerging markets. Surprisingly, research has failed to develop a comprehensive understanding of how firms can innovate successfully in BoP markets. Applying a configurational perspective, this study explores the organisational configurations that characterise firms that successfully develop innovations for the BoP market. Analysing data from an online survey with senior-level managers ([Formula: see text] = 245) in 10 emerging markets, the authors offer important insights for firms seeking to develop innovations for BoP consumers in terms of the specific organisational configurations that lead to BoP innovation success.
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Cai, Quan, Ying Ying, Yang Liu, and Wei Wu. "Innovating with Limited Resources: The Antecedents and Consequences of Frugal Innovation." Sustainability 11, no. 20 (October 18, 2019): 5789. http://dx.doi.org/10.3390/su11205789.

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Frugal innovation is a resource scarce solution for emerging market firms. Based upon the resource-constrained innovation perspective, this research theoretically explores and empirically examines the drivers and consequences of frugal innovation. The results of a firm-level survey show that two types of frugal innovation (cost innovation and affordable value innovation) positively affect the performance of emerging-market firms. We also address the issues of how emerging-market firms deal with institutional, technological, and market constraints in emerging markets, and we show how these constraints drive frugal innovation. We find that emerging-market firms with higher levels of capability for institutional leverage and bricolage, and firms that face perceived dysfunctional competition, tend to generate more affordable, value-added new products. Overall, these findings have important implications for emerging-market firms seeking to conduct frugal innovation in resource-constrained emerging markets.
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Dissertations / Theses on the topic "Markets for innovation"

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Hildebrandt, Kurtis. "Market dominance and innovation in computer software markets." Thesis, National Library of Canada = Bibliothèque nationale du Canada, 1999. http://www.collectionscanada.ca/obj/s4/f2/dsk1/tape7/PQDD_0018/MQ47948.pdf.

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Harrison, Rebecca. "Understanding innovation in low-income markets." Diss., University of Pretoria, 2010. http://hdl.handle.net/2263/23745.

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As western markets stagnate, companies are looking to the emerging world for growth, and have begun to experiment with offerings that target the four billion microconsumers at the base of the pyramid. To successfully engage these emerging consumers, firms must innovate around their product offerings and business models. This report sought to better understand innovation in a low-income market context. It explored what drives companies to enter low-income markets, the triggers for innovation in these markets, and the characteristics of that innovation, drawing particularly on Clayton Christensen’s theory of disruptive innovation. Nineteen interviews with executives at 11 companies operating in South Africa were interviewed in order to test propositions derived from the literature. The findings showed that companies enter low-income markets largely in pursuit of growth, but that a variety of secondary factors also play a role. The data indicated that innovation in low-income markets is often triggered by negative factors such as lack of infrastructure or limited buying power, rather than the positive factors cited in much of the existing innovation literature. Finally, it illustrated that companies often exhibit the elements of disruptive innovation when they engage with emerging consumers. The report then offered two models -- Innovation in low-income contexts: a descriptive model, and the Emerging Consumer Innovation Web -- to help companies frame the innovation process in a low-income context. It concluded that companies need to adopt a new philosophy of innovation when engaging emerging consumers, one which embraces the challenge of low-income markets as a springboard for innovation and a catalyst for creativity. Copyright
Dissertation (MBA)--University of Pretoria, 2011.
Gordon Institute of Business Science (GIBS)
MBA
Unrestricted
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Børke, Martin Andreas. "Simulation of Innovation in Mobile Communication Markets." Thesis, Norwegian University of Science and Technology, Department of Computer and Information Science, 2007. http://urn.kb.se/resolve?urn=urn:nbn:no:ntnu:diva-8717.

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Mobile communication markets are known for frequent innovations with potentially high network effects. The conceptual work in economics and innovation studies show how the growth pattern for innovations in such markets could vary depending on the competition and market characteristics. However, the empirical research within this field is limited. This thesis introduces a computer simulation model for analyzing the development, adoption and diffusion of innovations in a mobile market. The model is based on Agent-Based Computational Economics (ACE), and makes use of behavioral theory of firms, economics, and sociology, to leverage the theoretical understating of the diffusion of innovations. The results of the simulation runs on the developed simulation software show that the topologies of social networks have strong effects on diffusion. However, it is also found that in situations where several competing companies launch their innovations sequentially, a winner-takes-all outcome is the most likely when the actors are completely rational. Further, when the information in the market is imperfect, the topology of social networks can create equilibria where the market is shared between several providers. Finally, the variance in consumer characteristics affects both the rate and the outcome of innovation diffusion. The thesis reaffirms that computer simulation is an effective way to combine the sociological and economic theories of innovation diffusion. The results show that there is still a need for more research on the field to better understand why some innovations fail, while other succeed and becomes accepted in the market. The outcome of an innovation launch is shown to be affected by several factors, including timing, network structure, market noise, and consumer characteristics. By using the simulation model to study the influence of such factors in a specific market, service providers may improve their competitive power.

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Oostrom, Tamar. "Essays on innovation in health care markets." Thesis, Massachusetts Institute of Technology, 2020. https://hdl.handle.net/1721.1/127035.

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Thesis: Ph. D., Massachusetts Institute of Technology, Department of Economics, May, 2020
Cataloged from the official PDF of thesis.
Includes bibliographical references (pages 191-203).
This thesis consists of three chapters on innovation in health care markets. The first chapter examines incentives in pharmaceutical innovation; the second explores selection in the response to recommendations in health care. The third chapter presents new evidence on determinants of recent drug overdose mortality. The first chapter examines the effect of financial incentives on reported drug efficacy in clinical trials. I leverage the insight that the exact same sets of drugs are often compared in different randomized control trials conducted by parties with different financial interests. I estimate that a drug appears 0.15 standard deviations more effective when the trial is sponsored by that drug's manufacturer, compared with the same drug in the same trial without the drug manufacturer's involvement. Publication bias explains a large share of this effect; observable characteristics of trial design and patient enrollment are less important.
I find the sponsorship effect decreases over time as pre-registration requirements were implemented. The second chapter, joint with Liran Einav, Amy Finkelstein, Abigail Ostriker, and Heidi Williams, presents evidence on the role of selection in considering whether and when to recommend screening for a particular disease. In the context of recommendations that breast cancer screening start at age 40, we show that responders to the age 40 recommendation are less likely to have cancer and have smaller tumors than do women who self-select into screening at earlier ages. Responders to the age 40 recommendation also have less cancer than women who never screen, suggesting that the benefits of recommending early screening are smaller than if responders were representative of all covered individuals.
The second chapter, joint with Liran Einav, Amy Finkelstein, Abigail Ostriker, and Heidi Williams, presents evidence on the role of selection in considering whether and when to recommend screening for a particular disease. In the context of recommendations that breast cancer screening start at age 40, we show that responders to the age 40 recommendation are less likely to have cancer and have smaller tumors than do women who self-select into screening at earlier ages. Responders to the age 40 recommendation also have less cancer than women who never screen, suggesting that the benefits of recommending early screening are smaller than if responders were representative of all covered individuals. The third chapter examines the role of declining community ties and social cohesion in the increase in drug overdose mortality in the past two decades. I assess the causal impact of declining religiosity on opioid deaths, instrumenting for religiosity with the Catholic sex-abuse scandal.
I find that the recent decrease in religious employment would result in approximately one-third of the total current opioid mortality rate. The effects are concentrated in areas with higher Catholic rates before the scandal and among young adults.
by Tamar Judith Oostrom.
Ph. D.
Ph.D. Massachusetts Institute of Technology, Department of Economics
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Albert, Martin. "Concepts of Innovation for and from Emerging Markets." Universitätsbibliothek Chemnitz, 2016. http://nbn-resolving.de/urn:nbn:de:bsz:ch1-qucosa-213341.

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A closer look at innovation for and from emerging markets respectively developing economies reveals that a variety of different terms and concepts related to this type of innovation exist. The goal of my conceptual paper is to present a comprehensive overview of related terms and concepts and to suggest theoretical based classification criteria in order to differentiate them. After a first investigation in relation to innovation for and from emerging markets the keywords ‘reverse’, ‘frugal’, ‘jugaad’, and ‘bottom of the pyramid / bottom of pyramid / bop’ were identified and used for searching the database of Google Scholar. For further investigation only texts were considered with at least eight various terms. 19 different texts were identified which classified for a further analysis. As results 33 identified terms in relation to innovation for and from emerging markets, various spellings and synonyms and references with at least two mentions in the identified texts are presented. As theoretical based classification criteria ‘market orientation’, ‘determinants’ (of innovation for and from emerging market)’, ‘nature’ (of innovation for and from emerging markets), sophistication’, ‘sustainability’, ‘novelty’ and ‘innovator type’ were identified.
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Musimiire, Angela, and Maka Chakhnashvili. "Product Adaptation to Different Markets through Technology Innovation." Thesis, Linköpings universitet, Företagsekonomi, 2012. http://urn.kb.se/resolve?urn=urn:nbn:se:liu:diva-78893.

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Background and Aim: Markets are getting increasingly complex, competitive and changing. A firm’s ability to respond to environmental challenges is a significant factor for its survival and success. To establish itself in the market, a company needs to adjust the product in a way that meets the expectations and required quality of the target market in other words, make relevant product adaptations. Many aspects of product adaptation have been discussed in the literature ranging from small changes in the product such as specification or design to modifying a company’s market strategy depending on which stage the product is in its life cycle. Technology innovation can enable a firm keep the market share and retain customers especially in a mature and technology driven industry where the market is saturated and consumers diffuse to competitors who easily copy the product. However, the role of technology innovation to adapt a product in the growth stage to mature markets is missing from the present literature. This present thesis will investigate the role of technology innovation in product adaptation and the factors to consider thereof the Swedish high tech company Saab will be used as the case study. Methodology: Research method for the present thesis includes the qualitative approach with the case study design. For the purposes of this thesis the Swedish high-tech company Saab will be studied to explore the practices of adapting product (field hospital) to different markets. Completion and results: Result of the study showed that there are similarities and differences between what literature provides and Saab does to adapt a product in markets. Analyzing the theory and practice recommendations for Saab were concluded. Suggestions drown for Saab can be useful for other high technology companies as well.
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Конопльова, Дарія Миколаївна, and Daria Konoplova. "Open innovation management in terms of dynamic markets." Thesis, National Aviation University, 2021. https://er.nau.edu.ua/handle/NAU/50119.

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1. Bogers, M., Chesbrough, H., Heaton, S., Teece, D. J. Strategic Management of Open Innovation: A Dynamic Capabilities Perspective. California Management Review. 2019. 62(1). 77–94. 2. Livescault J. What exactly is Open Innovation? URL: https://www.braineet.com/blog/open-innovation/ 3. Open innovation. Accelerating your innovation results. URL: https://www.ennomotive.com/ open-innovation/#:~:text=Open%20innovation%20is%20a%20business,with%20the%20corporate %20R%26D%20culture.
Recent years the world economy has been characterized by rapid and sufficient shifts. Since also the generations are completely different (X, Y, Z) it’s not simple to accept these changes, and it’s much more difficult to adjust to them. It has become an integral part of everyone’s life. Under these conditions each individual and company applies various innovations in one area or another. The whole world is striving to automate and optimize businesses as introduction of technologies can give results in faster, more convenient and more profitable way. So, issues considering open innovation management in terms of dynamic markets are extremely relevant ones.
Останні роки світова економіка характеризується швидкими і достатніми зрушеннями. Оскільки також покоління абсолютно різні (X, Y, Z), не просто прийняти ці зміни, і набагато складніше пристосуватись до них. Це стало невід’ємною частиною життя кожного. За цих умов кожна людина та компанія застосовує різні інновації в тій чи іншій галузі. Весь світ прагне автоматизувати та оптимізувати бізнес, оскільки впровадження технологій може дати результати швидшим, зручнішим та вигіднішим способом. Отже, питання, що розглядають відкрите управління інноваціями з точки зору динамічних ринків, надзвичайно актуальні.
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Wu, Yijiang. "Organising innovation management in emerging sustainable urban markets." Thesis, Imperial College London, 2013. http://hdl.handle.net/10044/1/17793.

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This thesis brings together three papers to address one of the central problems in the management of innovation: how organisations manage innovations to enter, grow and succeed in emerging markets. It explores the paradoxical attributes of the firm and shows how stable and dynamic processes are mutually constitutive and occur at multiple levels. The first paper (Chapter 3) contributes to the literature of dynamic capabilities which has recently been questioned for subsuming “rigidity” and “flexibility” within one concept. The paper employs an inductive case study approach to examine the processes by which an organisation develops capabilities to enter, grow and shape an emerging sustainable urban market. Addressing a process problem of developing novel practices into good currency, the paper develops a conceptual model within which the three sets of activities dynamically combine and interact at different phases over time. The paper argues the conceptual model individually disaggregates the paradoxical problem, and holistically underlines the two countervailing processes of capability enhancement and consolidation. In particular, the findings illustrate the institutional origins of dynamic capabilities by introducing and analysing one set of activities: capability reinforcement. The second paper (Chapter 4) deepens the understanding of “capability reinforcement”. Existing studies in institutional entrepreneurship suggest central organisations confront the paradox of “structure and agency” when they move away from embedded fields and institutionalize their innovative practices or product. The study contributes to resolving the paradoxical problem by unfolding the process of an incumbent conducting entrepreneurial actions to dominate a nascent field. Based on a longitudinal analysis of interview and media dataset, the results show central organisations implement a combination of deliberate and emergent strategies to achieve dominance in nascent fields associated with contingent nature. Addressing a strategic problem of institutional leadership, the paper argues organisations adopt market-focused and socio-political approaches to implement such mixed strategies. The findings identify the resource-based origins of institutional entrepreneurship by introducing and examining a strategic mechanism: boundary infrastructure. While the empirical studies are carried out independently, their combined value exceeds the sum of the individual papers. Bridging the two theoretical streams, Chapter 5 extends my contribution by developing an integrative framework which benefits from appreciating the full spectrum of multi-level consolidation in the field of innovation management.
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Nafula, Ritah. "Open Innovation: A case study exploring Knowledge Transfer in Developing Markets : Emerging markets, knowledge transfer, open innovation, mobile money transfer, MPesa." Thesis, Högskolan i Halmstad, Sektionen för ekonomi och teknik (SET), 2013. http://urn.kb.se/resolve?urn=urn:nbn:se:hh:diva-23058.

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With the increasing trend of telecommunication innovations worldwide, emerging markets do not dare to sit back and watch as the global technologies advance at record speed. More and more developing countries are taking heed to these opportunities by developing solutions that best suit the markets they serve. Moreover, regardless of the lack of efficient and affordable financial infrastructure as a contributing factor in the persistence of poverty in many rural parts of developing countries, some firms have taken bold steps to partner with knowledgeable firms in order to increase their own capabilities that are crucial in developing innovative solutions. The purpose of this study was to explore how knowledge is transferred in emerging/developing markets in order to facilitate open innovation. Knowledge transfer is considered a process and not a one-time event.  Therefore, using a since case study design, an in-depth exploration was made on the MPesa mobile money transfer system  which started in Kenya but has now spread to several emerging countries in Africa, Asia and the Middle East.  The results indicate that for successful knowledge transfer; (i) Personnel movements is the most effective mechanism (ii) Technology should be transferred using a social mode of transfer (iii) Joint ventures are the most effective partnership form (iv) the bottom-of-the pyramid markets must be engaged in the development of innovative products.
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Aalto, Hagman Fredrik, and Claes Sonde. "Innovation Crowdsourcing : Exploring the Use of an Innovation Intermediary." Thesis, Linköpings universitet, Företagsekonomi, 2011. http://urn.kb.se/resolve?urn=urn:nbn:se:liu:diva-77719.

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Background: With the Open Innovation paradigm come new hopes for innovating companies. The ability to tap a global network of experts can, at least in theory, have a significant impact on an organization’s competitive strength. Before such a ‘network of experts’ can be used to its full potential however, a number of challenges related to knowledge markets seem to need solutions. About 10 years ago however, we could witness the entry of a new breed of company – calling themselves innovation intermediaries. These companies are built to profit from delivering the usefulness of knowledge networks to client (Seeker) companies. Though the use of such networks and markets have so far been uncommon outside of high-tech fields they are now starting to be seen used by companies in more mature environments.Purpose: The purpose of this thesis is to examine the collaboration between SCA (a large Swedish corporation) and the innovation intermediary InnoCentive in order to create a better understanding of what kind of benefits can be derived from the use of an innovation intermediary, and how these benefits are best utilized. We also set out to identify relevant limitations of innomediary use and to seek to better understand how using an innomediary can fit a client company’s higher-order activities such as exploration and exploitation.Completion and Results: Our findings include that SCA are using InnoCentive mainly as a tool to solve highly specific problems and/or problems with a low degree of complexity that they encounter in their everyday activities. The challenges related to knowledge markets, we find, are avoided by keeping problem complexity low and problem modularity high for the problems sent out to the network. In addition, InnoCentive’s business model seems to eliminate costly negotiations between Seekers and Solvers. Using this kind of ‘market solution’ however, we argue, will put bounds on the usefulness of the network and makes it mainly suited as a tool for improving an organization’s exploitation capacity.
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Books on the topic "Markets for innovation"

1

Platforms, markets and innovation. Cheltenham [u.a.]: Elgar, 2009.

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Haar, Jerry, and Ricardo Ernst, eds. Innovation in Emerging Markets. London: Palgrave Macmillan UK, 2016. http://dx.doi.org/10.1057/9781137480293.

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Michael, Kitson. Markets, competition and innovation. Cambridge: ESRC Centre for Business Research, University of Cambridge, 1998.

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Haar, Jerry, and Ricardo Ernst. Innovation in emerging markets. Houndmills, Basingstoke, Hampshire: Palgrave Macmillan, 2016.

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Gorodnichenko, Yuriy. Globalization and innovation in emerging markets. [Washington, D.C: World Bank, 2009.

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A, Scandura Terri, and Serapio Manuel G, eds. Leadership and innovation in emerging markets. Stamford, Conn: JAI Press, 1998.

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Alon, Ilan, Victoria Jones, and John R. McIntyre, eds. Innovation in Business Education in Emerging Markets. London: Palgrave Macmillan UK, 2013. http://dx.doi.org/10.1057/9781137292964.

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Priest, W. Curtiss. Educational technology: Information networks, markets, and innovation. [Washington, D.C.?: Office of Technology Assessment, 1987.

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Oliveira,, Moacir de Miranda, Fernanda Ribeiro Cahen, and Felipe Mendes Borini, eds. Startups and Innovation Ecosystems in Emerging Markets. Cham: Springer International Publishing, 2019. http://dx.doi.org/10.1007/978-3-030-10865-6.

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Nicholls, Alex. Social innovation: Blurring boundaries to reconfigure markets. Houndmills, Basingstoke, Hampshire: Palgrave Macmillan, 2012.

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Book chapters on the topic "Markets for innovation"

1

Lindenau, Rainer, and Thomas Helbig. "Ständige Innovation." In Exploding Markets, 145–56. Wiesbaden: Gabler Verlag, 2000. http://dx.doi.org/10.1007/978-3-322-82262-8_8.

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Agarwal, Nivedita, and Alexander Brem. "OVERCOMING MARKET CONSTRAINTS IN EMERGING MARKETS." In Leveraging Constraints for Innovation, 155–65. Hoboken, NJ, USA: John Wiley & Sons, Inc., 2018. http://dx.doi.org/10.1002/9781119390299.ch9.

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Chaston, Ian. "Tomorrow’s Markets." In Entrepreneurship and Innovation During Austerity, 69–86. London: Palgrave Macmillan UK, 2013. http://dx.doi.org/10.1057/9781137324436_5.

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Günther, Jutta. "Innovation." In Palgrave Dictionary of Emerging Markets and Transition Economics, 360–71. London: Palgrave Macmillan UK, 2015. http://dx.doi.org/10.1007/978-1-137-37138-6_19.

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Poz, Maria Ester Dal, Carolina da Silveira Bueno, and Vinícius Eduardo Ferrari. "Waste Biomaterials Innovation Markets." In Handbook of Waste Biorefinery, 93–118. Cham: Springer International Publishing, 2022. http://dx.doi.org/10.1007/978-3-031-06562-0_5.

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Dodig, Ante. "Financial Innovation Spiral." In Capital Markets in Southeast Europe, 15–70. Cham: Springer International Publishing, 2022. http://dx.doi.org/10.1007/978-3-031-07210-9_2.

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Shoag, Michael, and Tory Colvin. "Social Media and Innovation." In Innovation in Emerging Markets, 178–95. London: Palgrave Macmillan UK, 2016. http://dx.doi.org/10.1057/9781137480293_10.

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Rybinski, Krzysztof. "Innovation in Financial Services." In Innovation in Emerging Markets, 196–214. London: Palgrave Macmillan UK, 2016. http://dx.doi.org/10.1057/9781137480293_11.

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Dabić, Marina, Jadranka Švarc, and Emira Bečić. "Innovation in Central Europe." In Innovation in Emerging Markets, 102–20. London: Palgrave Macmillan UK, 2016. http://dx.doi.org/10.1057/9781137480293_6.

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Quéré, Michel, and Ludovic Ragni. "Local Systems of Production and Innovation." In Markets and Organization, 597–609. Berlin, Heidelberg: Springer Berlin Heidelberg, 1998. http://dx.doi.org/10.1007/978-3-642-72043-7_27.

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Conference papers on the topic "Markets for innovation"

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"INNOVATION ASSESSMENT VIA ENTERPRISE INFORMATION MARKETS." In International Conference on IT-enabled Innovation in Enterprise. SciTePress - Science and and Technology Publications, 2010. http://dx.doi.org/10.5220/0003037802060216.

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Kimbler, Kristofer, and Mac Taylor. "Service innovation opportunities in emerging markets." In 2011 15th International Conference on Intelligence in Next Generation Networks (ICIN): "From Bits to Data, from Pipes to Clouds". IEEE, 2011. http://dx.doi.org/10.1109/icin.2011.6081105.

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İncekara, Ahmet, and Elif Haykır Hobikoğlu. "Reverse Innovation Strategy: Local Technology Production Management Performance Booster Demand Trend Analysis." In International Conference on Eurasian Economies. Eurasian Economists Association, 2015. http://dx.doi.org/10.36880/c06.01381.

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It was the most important condition of the competition in the information society to create high added value products. Additionally, the products with high added value are composed of the differentiated products that find the living area through the innovation leaded by the creativity. The innovation concept has been mostly perceived as developed country qualification. On the other hand, the reverse innovation provides opportunity for marketing the innovations belonged to the developing markets to entire world. The reverse innovation provides the extension of the market by reaching to the large population composed of people who cannot benefit from high developing countries. While the reverse innovation has been conveying the less qualified product and services that accomplish the same activity and provide cost advantage to the markets that have been developing but could not reach the product and services, it does not decrease the high quality product sales. It has reviewed the trend factors that define the telephone preferences providing local price advantage towards establishing the reverse innovation strategy by reviewing the demand structure of the mobile phone in the working telecommunication market.
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Perwitasari, Arie, and Rifki Khoirudin. "Market Analysis of Bantul Markets After Revitalization." In Proceedings of the 1st International Conference on Life, Innovation, Change and Knowledge (ICLICK 2018). Paris, France: Atlantis Press, 2019. http://dx.doi.org/10.2991/iclick-18.2019.57.

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Hui, Ka Hung, Vijay Subramanian, Dongning Guo, and Randall Berry. "Diffusion of innovation in two-sided markets." In 2012 50th Annual Allerton Conference on Communication, Control, and Computing (Allerton). IEEE, 2012. http://dx.doi.org/10.1109/allerton.2012.6483249.

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Mukundan, R., V. Lokesh, and M. K. Kumar. "iSOPs and Emerging Markets." In 2006 IEEE International Conference on Management of Innovation and Technology. IEEE, 2006. http://dx.doi.org/10.1109/icmit.2006.262183.

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Zhang, F. Y., P. Wang, L. J. Zhang, and H. Liu. "Research on target markets decision for product innovation." In EM). IEEE, 2009. http://dx.doi.org/10.1109/icieem.2009.5344597.

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"Commodity Derivative Markets in India: An Evolving Paradigm." In Higher Education and Innovation Group. Higher Education and Innovation Group in Education (HEAIG), 2017. http://dx.doi.org/10.15242/heaig.h0117423.

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Lyibenov, Lyubomir, Aneliya Lyubenova, and Ivaylo Hristakov. "FACTOR MARKETS IN BULGARIAN BEEKEEPING." In AGRIBUSINESS AND RURAL AREAS - ECONOMY, INNOVATION AND GROWTH 2021. University publishing house "Science and Economics", University of Economics - Varna, 2021. http://dx.doi.org/10.36997/ara2021.163.

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The aim is to determine the size and development trends of land and labor markets in the national beekeeping. The study is focused only on them, as the size and trends of national financial markets in beekeeping are defined in another study by the authors. The urgency of the problem stems from the important role of factor markets in achieving sustainable development of beekeeping and other sectors dependent on it, given the pollination activity of bees. The study finds that the land markets in the beekeeping sector are over 0.5 BGN million/year, and the labor markets are over 77.2 BGN million/year, i.e. form joint factor markets in the Bulgarian beekeeping for over 77.7 BGN million/year. Their development trends are positive and derived from those in the beekeeping sector and other related markets - financial and others.
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Phaal, R. "Strategic roadmapping: linking technology to markets." In IEE Seminar on Justifying and Selecting Innovation Projects. IEE, 2005. http://dx.doi.org/10.1049/ic:20050355.

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Reports on the topic "Markets for innovation"

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Babus, Ana, and Kinda Cheryl Hachem. Markets for Financial Innovation. Cambridge, MA: National Bureau of Economic Research, January 2019. http://dx.doi.org/10.3386/w25477.

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Gorodnichenko, Yuriy, Jan Svejnar, and Katherine Terrell. Globalization and innovation in emerging markets. Cambridge, MA: National Bureau of Economic Research, November 2008. http://dx.doi.org/10.3386/w14481.

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Lakdawalla, Darius, and Neeraj Sood. Insurance and Innovation in Health Care Markets. Cambridge, MA: National Bureau of Economic Research, September 2005. http://dx.doi.org/10.3386/w11602.

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Levich, Richard. Developing the ECU Markets: Perspectives on Financial Innovation. Cambridge, MA: National Bureau of Economic Research, June 1987. http://dx.doi.org/10.3386/w2276.

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Mishkin, Frederic. Financial Innovation and Current Trends in U.S. Financial Markets. Cambridge, MA: National Bureau of Economic Research, April 1990. http://dx.doi.org/10.3386/w3323.

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Navas-Alemán, Lizbeth. Innovation and Competitiveness in Mining Value Chains: The Case of Brazil. Inter-American Development Bank, December 2021. http://dx.doi.org/10.18235/0003813.

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Mining companies have mirrored other large multinational companies in setting up global value chains (GVCs), sourcing their inputs and services from an ever-larger number of highly capable suppliers in developing countries, such as those in resource-rich Latin America. However, recent empirical studies on the mining GVC in that region suggest that even innovative local suppliers find it difficult to exploit their innovations in local and foreign markets. Using a conceptual framework that combines literature on innovation and GVCs, this study analyzed how global/regional- and firm-level factors interact to explain the acquisition of local suppliers capabilities within Brazils mining industry. The study explored these issues using original data gathered in 2019 and secondary sources from Brazil. The main findings are related to (i) strategies used by domestic suppliers to develop innovative solutions for leading mining companies, (ii) how health and safety concerns spurred innovation after the disasters in Mariana and Brumadinho, (iii) new-to-the-world innovation capabilities among Brazilian suppliers to the mining industry, and (iv) the main barriers to developing innovative practices among domestic suppliers. The authors propose public policies to support major mining companies in acquiring innovations from domestic suppliers to the mining industry. Opportunities such as a Copper Rush in Brazil that could foster further innovations in mining are discussed.
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Williams, Heidi. Intellectual Property Rights and Innovation: Evidence from Health Care Markets. Cambridge, MA: National Bureau of Economic Research, June 2015. http://dx.doi.org/10.3386/w21246.

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Gawer, Annabelle, and Rebecca Henderson. Platform Owner Entry and Innovation in Complementary Markets: Evidence from Intel. Cambridge, MA: National Bureau of Economic Research, December 2005. http://dx.doi.org/10.3386/w11852.

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Garthwaite, Craig, Rebecca Sachs, and Ariel Dora Stern. Which Markets (Don't) Drive Pharmaceutical Innovation? Evidence From U.S. Medicaid Expansions. Cambridge, MA: National Bureau of Economic Research, May 2021. http://dx.doi.org/10.3386/w28755.

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Oviedo, Daniel, Daniel Perez Jaramillo, and Mariajosé Nieto. Governance and Regulation of Ride-hailing Services in Emerging Markets: Challenges, Experiences and Implications. Inter-American Development Bank, August 2021. http://dx.doi.org/10.18235/0003579.

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This paper seeks to shed some light on the different considerations for regulation and governance of ride-hailing platforms in emerging markets, highlighting their positive and negative externalities. Building on an extensive review of the literature and secondary sources, we outline Ride-hailing's identified and potential effects on users (providers and consumers), incumbents, and society. Based on the welfare impacts structure, we identify the significant challenges that regulators face in understanding, monitoring, evaluating, and regulating this type of transportation innovation. Finally, the paper proposes a framework for approaching such mobility innovations from governance and regulation perspectives. In a context of exponential growth in research and innovation in urban mobility in general and Ride-hailing, a rigorous review of the literature and a critical framework for understanding governance and regulation in such services in rapidly changing contexts is a timely contribution.
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