A Discovery of Multiple Levels of Open Innovation in Understanding the Economic Sustainability. A Case Study in the Manufacturing Industry

Kashan, Alireza Javanmardi; Mohannak, Kavoos; Perano, Mirko; Casali, Gian Luca

doi:10.3390/su10124652

Cited by 8 publications

(5 citation statements)

References 89 publications

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“…However, it is important to highlight that an economically viable company must guarantee enough cash flow to guarantee liquidity at any time, while still producing a return above the average for its shareholders. Therefore, a sustainable business can be defined as the ability of companies to respond to their short-term financial needs without compromising their ability to meet their future needs [17]. In other words, sustainability can refer to the company's ability to be profitable not only today but also tomorrow.…”

Section: Sustainability and Innovationmentioning

confidence: 99%

The Linkage between Sustainability and Innovation Performance in IT Hardware Sector

et al. 2019

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This work investigates the relationship between sustainability and innovation performance. Despite the relevance of the issue, few contributions deepen such a relationship after both a conceptual and a quantitative perspective. Therefore, the aim of this paper is to suggest a measure of sustainability for innovation processes and to define which innovation strategies can lead to more sustainable processes. The role of ambidexterity within the corporate sustainability framework is underlined: Ambidextrous organizations are able to improve the innovation performance and better use their resources, improving the sustainability of research and development (R&D) processes. By employing patent data and testing the framework on a sample of worldwide top R&D spending companies in the IT hardware industry, this work suggests which optimal value of ambidexterity will lead to more sustainable innovation. In addition, R&D processes with non-optimal levels of ambidexterity can be managed in a better way. Indeed, results show the usefulness of open innovation adoption to improve the performance of exploration processes. Moreover, R&D activities based on a preponderance of exploitation strategies are more sustainable if they fall into technological domains in which the focal company is highly specialized. The work also contributes to the conceptualization of sustainability and to definition of patent-based metrics related to sustainability.

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Section: Sustainability and Innovationmentioning

confidence: 99%

The Linkage between Sustainability and Innovation Performance in IT Hardware Sector

et al. 2019

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“…relationship between innovation and competitive advantage [18,19], in which sustainability plays a primary role. Therefore, innovation must be characterized by sustainability [20].…”

Section: Th Manufacturing Engineering Society International Conferenc...mentioning

confidence: 99%

A Maintenance-Based Project Management Approach towards Organizational Sustainability Goals

García-García,

Gallego-García,

Ren

et al. 2023

10th Manufacturing Engineering Society International Conference (MESIC 2023)

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The paper presents an integral project management model based on organizational maintenance applied to all its functions. The motivation of the paper is to fill the existing gap in literature to enhance the function of maintenance as a driver for sustainability as it identifies improvement potentials and secures its efficient deployment and operation during any asset lifecycle. For that purpose, the key factor mediating and enabling it, is the quality function that allows the management and measurement of asset performance. As a result, a quality toolbox is the core set of tools to design, manage, and control any project and their related aspects. Moreover, the project management approach is oriented towards the sustainability goals of the organization and based on them, the selection of projects and activities are defined. Therefore, the approach enables to convert the maintenance function to a holistic function and basis for organizational viability thanks to tailored-made plans for organizational development.

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“…As such, these studies mostly tested customer value relationships with other constructs; for example, Amoako (2019) demonstrated that brand equity significantly leads to firm value and customer value, while customer value partially mediates firm value and brand equity in Ghana. A study of the Iranian automotive industry demonstrated that governance structure transformations and open innovation development lead to value creation and capture (Kashan et al 2018). A study in the context of Mexico by Sánchez-Gutiérrez et al (2019) showed that management capabilities in customer relationships and knowledge conversion of customer needs into specific choices have a positive effect on CVC.…”

Section: Scientometric Analysis To Identify a Research Gapmentioning

confidence: 99%

Customer Value Creation for the Emerging Market Middle Class: Perspectives from Case Studies in India

Sharmelly

Klarin

2021

JRFM

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This paper examines the customer value creation framework and discusses the design of the key elements for product development in emerging markets. A scientometric/bibliometric scoping literature review identifies a clear gap in the current research in studying prerequisites for customer value creation in emerging market contexts. Observing experiences of Daikin and Renault in the context of India, the purpose of this paper is to identify value creation strategic choices following which comprehensive customer value offerings in products and services can be successfully created by firms across the four facets of the framework in emerging markets. Value creation strategies include having a nuanced understanding of the latent contextual needs to offer localized high-quality products that embody distinct functional attributes that provide a functional value and being responsive to specific emotional needs and epistemic experiences of the target customers in product and service offerings to deliver a greater experiential value. Furthermore, the products should adopt a localized operational excellence strategy throughout the value chain to reduce costs for competitive price offerings in order to deliver superior cost value and develop brand image and equity strategy, thereby allowing for the provision of a greater symbolic value. Experiences of successful firms demonstrate the need for extensive local research into the emerging market followed by localization of production and development of a distribution network to be able to offer customized products at competitive prices whilst maintaining the brand value. We thus extend the customer value creation framework by introducing localization as a necessary condition for successful organizational performance in emerging markets.

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A Discovery of Multiple Levels of Open Innovation in Understanding the Economic Sustainability. A Case Study in the Manufacturing Industry

Cited by 8 publications

References 89 publications

The Linkage between Sustainability and Innovation Performance in IT Hardware Sector

The Linkage between Sustainability and Innovation Performance in IT Hardware Sector

A Maintenance-Based Project Management Approach towards Organizational Sustainability Goals

Customer Value Creation for the Emerging Market Middle Class: Perspectives from Case Studies in India

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