Holistic Innovation: An Emerging Innovation Paradigm

Chen, Jin; Yin, Ximing; Mei, Liang

doi:10.1016/j.ijis.2018.02.001

Cited by 152 publications

(107 citation statements)

References 29 publications

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“…Traditional research tends to focus on a specific discipline, while innovation is a complex, dynamic and risky process that requires multi-level factors involvement. These connotations of innovation call for a holistic and multidisciplinary approach to understanding its antecedents, process and impact [2,4]. Current scholarly work already addresses the important role of corporate finance on innovation, especially the capital structure [8,10,22] and financial constraints [12,26,29].…”

Section: Contrubutionsmentioning

confidence: 99%

“…As the ultimate purpose of R&D investment is to produce innovation output and obtain business value, future research needs to employ a multi-level dataset and empirically examine the joint effect of financial constraints and managerial attributes on firm innovation performance and business performance. Only in this way can we develop a comprehensive understanding of the "black box" between R&D investment to final profiting from innovation, and the multiple level factors that promote or hinder the complex and dynamic process [2].…”

Section: Limitations and Suggestions For Future Researchmentioning

confidence: 99%

“…Research and Development (R&D) investment through which knowledge is produced is the key to sustainable innovation and firm performance [1][2][3][4][5]. Firms' investment decisions not only depend on the cost-benefit analysis of the investment projects, but is also constrained by the access of capital [6][7][8].…”

Section: Introductionmentioning

confidence: 99%

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Financial Constraints and R&D Investment: The Moderating Role of CEO Characteristics

2019

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How CEOs with different characteristics act differently on R&D investment under the condition of financial constraints is an important but understudied question towards firms’ sustainable innovation. Employing the dataset from China-Enterprise Survey 2012 of the World Bank, this study tests the impact of financial constraints on firms’ R&D investment and the moderating role of CEO characteristics. Empirical results show that: (1) firm’s financial constraints have a significant restricting effect on their R&D investment; (2) internal financial constraints have no significant restricting effect on R&D investment for firms with female CEOs in comparison with firms with male CEOs, while the external financial constraints have a significant restricting effect on R&D investment for both groups. (3) CEO experience has a non-linear moderating effect on the relationship between financial constraints and a firm’s R&D investment. When the accumulated experience is overloaded, the positive moderating effect of CEO experience begins to decline and even become negative. Robustness tests further confirm these empirical findings. This study directly contributes to the literature of financing innovation and top management team’s impact on firms’ sustainable innovation, and generates insights on firms’ R&D management under the condition of financial constraints.

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Section: Contrubutionsmentioning

confidence: 99%

Section: Limitations and Suggestions For Future Researchmentioning

confidence: 99%

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Financial Constraints and R&D Investment: The Moderating Role of CEO Characteristics

2019

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“…In order to realise I4.0 alignment, organisations need to manage multiple internal and external factors to enhance business value and create a sustainable competitive advantage [23]. Specific factors include horizontal, vertical and digital integration and areas of standardisation enabling organisations to connect to one another easily [24].…”

Section: Organisational Context Of I40mentioning

confidence: 99%

A Strategic Organisational Perspective of Industry 4.0: A Conceptual Model

Smuts

Merwe

Smuts

2020

Lecture Notes in Computer Science

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The so-called fourth industrial revolution or Industry 4.0 (I4.0), with its potentially disruptive technologies, is changing the way we socialise, live and work and provides opportunities for organisations to innovate and disrupt. Although organisations are acknowledging the emergence of I4.0 and realise the importance of being ready for its impact, better understanding is required of the potential of I4.0 and its holistic impact on organisations. In this paper, we conducted a systematic literature review to identify all I4.0-related organisational aspects, such as an I4.0-relevant strategy, digital business model innovation, technology investment optimisation, workforce management complexity, digital eco-systems, technology-centric convergence, virtual model and physical environment linkage, value chain digitalisation and product portfolio innovation. Furthermore, we presented these I4.0 organisational aspects identified in a conceptual model based on the components of organisational strategic alignment. By using such a conceptual model, organisations can ensure that both optimisation and new opportunities enabled by I4.0 are leveraged and that a relevant, strategically aligned approach to I4.0 may be considered.

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“…La innovación es un fenómeno que por décadas se ha estudiado desde diferentes perspectivas debido a su naturaleza multidimensional (Dodgson, Gann, & Phillips, 2014), ya sea desde los paradigmas clásicos enfocados en la ciencia y tecnología (Gebauer, 2011), hasta los últimos estudios que incluyen un diálogo más cercano con el desarrollo social (Chen, Yin, & Mei, 2018 Diversos autores han explorado una variedad de temas relacionados con la innovación de productos; por ejemplo, Brown y Eisenhardt (1995) realizaron una amplia revisión de la literatura y encontraron que muchos estudios estaban orientados al ámbito organizacional para desarrollar un proyecto o para realizar ingeniería concurrente; además, Krishnan y Ulrich (2001) estudiaron la innovación de productos desde el marketing, la gestión organizacional y la gestión de operaciones; por su parte, Hansen y Birkinshaw (2007) afirman que el desarrollo de nuevos productos es una de las actividades clave dentro de la cadena de valor de la innovación.…”

Section: Proceso De Innovaciónunclassified

Influencia del uso de herramientas en la gestión de la fase temprana del proceso de innovación de productos

Luna

Valladares

2020

Innovar

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La fase temprana del proceso de innovación se caracteriza por presentar una alta incertidumbre, por lo que las empresas tienen que encontrar nuevas oportunidades de productos y definir su propuesta de valor. A pesar de que existe una amplia literatura que aborda la evaluación del proceso de innovación, aún son escasos los estudios que se centran en la evaluación de la fase temprana. Nuestros resultados evidencian que el uso de herramientas de apoyo para la gestión de la fase temprana del proceso de innovación tiene una influencia positiva sobre la innovación del producto. El análisis es llevado a cabo sobre la base de una triangulación metodológica secuencial, debido al pequeño tamaño de la muestra que es de 84 empresas innovadoras peruanas.

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Holistic Innovation: An Emerging Innovation Paradigm

Cited by 152 publications

References 29 publications

Financial Constraints and R&D Investment: The Moderating Role of CEO Characteristics

Financial Constraints and R&D Investment: The Moderating Role of CEO Characteristics

A Strategic Organisational Perspective of Industry 4.0: A Conceptual Model

Influencia del uso de herramientas en la gestión de la fase temprana del proceso de innovación de productos

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