Explaining Evolutionary Trend of Strategic Planning from Traditional Economy to Innovation Economy

Tafti, Saeed Fallah; Jahani, Mani; Emami, Shahnaz Akbari

doi:10.1016/j.sbspro.2012.09.978

Cited by 10 publications

(5 citation statements)

References 12 publications

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“…The ambiguity of the results, including their geographical [117] and economic [118,119] dispersion, imply the need to deepen the study of the risks associated with innovation. It is particularly important in the regional and national perspective, due to the circumstances cited in the introduction, including significant differences in the level of innovation of individual economies.…”

Section: Risk In Innovative Activitymentioning

confidence: 99%

Is Innovation a Risky Business? A Comparative Analysis in High-Tech and Traditional Industries in Poland

Nawrocki

Jonek-Kowalska²

2022

Journal of Open Innovation: Technology, Market, and Complexity

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A high level of innovativeness and technology complexity is most often associated with a faster and more dynamic pace of economic development. In turn, it enables enterprises to achieve better financial results and strengthen their competitive advantage. Despite these potential benefits, in practice, innovation is also associated with the need to take up new challenges, which may be accompanied by a higher risk. The main goal of the research is a comparative analysis of the relationship between innovation and the risk of running a business in traditional and high-tech industries exemplified by the Polish economy. The authors assess the risk in 44 enterprises in the years 2010–2020 based on the proprietary evaluation model that uses the variation of financial parameters associated with innovativeness. The obtained results indicate a higher level of risk in the high-tech group with more complex and modern technologies, in particular in the pharmaceutical and computer games sectors. In the group of traditional enterprises, the risk in the analysed sectors is more diversified, and it is much higher in manufacturing enterprises than in services and trade. The empirical and quite extensive nature of the research allows for a practical assessment of the direction and strength of the relationship between innovation, risk and technology complexity.

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Section: Risk In Innovative Activitymentioning

confidence: 99%

Is Innovation a Risky Business? A Comparative Analysis in High-Tech and Traditional Industries in Poland

Nawrocki

Jonek-Kowalska²

2022

Journal of Open Innovation: Technology, Market, and Complexity

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“…Organizations need a comprehensive plan to deal with external changes. (Tafti et al, 2012). The most important tools are (SWOT) analysis , internal and external matrices (Mintzberg et al, 1998) ,In this context, strategic planning is defined as a means of identifying key objectives, by focusing resources and exploring the greatest possible future benefit (Paris, 2003).…”

Section: Strategic Planningmentioning

confidence: 99%

Strategic Scenario as a Success Key for Academic Organizations

Mohammed¹,

Abbas²,

Dhair³

2018

Int.J.Curr.Res.Aca.Rev.

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Article InfoThis study seeks to understand the impact of the strategic scenario and its factors in achieving organizational success. The question of this study is "what are the impact of strategic scenario on organizational success", to answer this question the study used the analytical method according to structural modeling. The analytical results showed that the adoption of the strategic scenario based on scientific methodology contributes significantly to organizational success

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“…It is widely believed that innovation is a driving force of economic development (see, e.g., Dutta et al, 2014; OECD, 2007; Van de Ven, 1986) or even the key driver (see, e.g., European Central Bank, 2017; Mckinney, 2017). It is the founding principle of the innovation economy concept (Schumpeter, 1943; Tafti et al, 2012; Teece et al, 2016; Voelpel et al, 2006). Also, Ministry of Science and Education of Latvia states that in emerging economies like Latvia the growth can be achieved specifically through innovation (IZM, 2013).…”

Section: Introductionmentioning

confidence: 99%

Factors Influencing Technology Transfer in Companies at Emerging Economies

Dubickis

Gaile-Sarkane

2021

Science, Technology and Society

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One of the ways how to catch up with developed countries is through innovation. Companies can develop innovation in-house, but it has been determined that a more efficient approach is to acquire new knowledge and technology from external parties. In the meantime, relatively few companies choose to cooperate, therefore the aim of this research is to identify the key factors that need to be addressed in order to facilitate new knowledge and technology acquisition. In a systematic literature review, the scientific literature on technology transfer has been analysed, which determines an existing lack of holistic approach on the different impact of factors. Therefore, in this article, through the analysis of different sources, the innovation and technology transfer affecting factors have been summarised. The empirical research is based on a survey of sixty-five companies that hypothetically work with the technology transfer. Besides, an interrelationship analysis of the technology acquisition affecting factors was carried out. The research results indicate that acquisition of new knowledge and technology is closely linked with the internal research and development (R&D) work and presence in a foreign market, as well as indirectly with the fact whether the company is a part of a group. In the final of the article, the acquired results and their implications have been explained.

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Explaining Evolutionary Trend of Strategic Planning from Traditional Economy to Innovation Economy

Cited by 10 publications

References 12 publications

Is Innovation a Risky Business? A Comparative Analysis in High-Tech and Traditional Industries in Poland

Is Innovation a Risky Business? A Comparative Analysis in High-Tech and Traditional Industries in Poland

Strategic Scenario as a Success Key for Academic Organizations

Factors Influencing Technology Transfer in Companies at Emerging Economies

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