2019
DOI: 10.1108/ejim-09-2018-0211
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Value creation, innovation practice, and competitive advantage

Abstract: Purpose The purpose of this paper is to analyse companies listed on the FTSE MIB, in order to investigate the introduction of different types of open innovation practice as a key factor to develop a competitive advantage to pursue value creation. Design/methodology/approach This research uses a mixed-methods sequential explanatory design. A quantitative study was conducted to determine the firms listed on the FTSE MIB that for more than 10 years have paid dividends and beat the yield of the market. The quali… Show more

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Cited by 53 publications
(41 citation statements)
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“…Regarding innovation as the most important weapon for obtaining competitive advantage (e.g. Tushman and O'Reilly, 2002;Cristo-Andrade and Franco, 2019;Battisti et al, 2019), firms around the world have been actively involving in innovation activities, such as business model innovation, strategic change and management theory and tools renewal, aiming to realize the critical contributions to their long-term success (e.g. Birkinshaw et al, 2006Birkinshaw et al, , 2007Birkinshaw et al, , 2008; Lin and Su, 2014;Mol and Birkinshaw, 2009;Vaccaro et al, 2012).…”
Section: Introductionmentioning
confidence: 99%
“…Regarding innovation as the most important weapon for obtaining competitive advantage (e.g. Tushman and O'Reilly, 2002;Cristo-Andrade and Franco, 2019;Battisti et al, 2019), firms around the world have been actively involving in innovation activities, such as business model innovation, strategic change and management theory and tools renewal, aiming to realize the critical contributions to their long-term success (e.g. Birkinshaw et al, 2006Birkinshaw et al, , 2007Birkinshaw et al, , 2008; Lin and Su, 2014;Mol and Birkinshaw, 2009;Vaccaro et al, 2012).…”
Section: Introductionmentioning
confidence: 99%
“…The challenges are open from many doors in markets, In the digital era, as Samsung has been facing and interlined with the competition (Yang et al, 2007), one of the top themes for the business to survive is how to enhance value creation and merge with the actions of innovativeness and competitiveness (Battisti et al, 2019). In the context of their proposition, the key take-outs which were developed in Figure 1 (e.g., KT1 'Direction and driving force'; KT2 'Understanding the market'; KT 3 'Management system'; KT 4 'Organisational Strategies'; KT 5 'Review & Evaluation') should be connected vehicles to enable the business performance more proactive and competitive to respond to the markets' needs and wants.…”
Section: Figure 2 a Profile Of Ict Based Management Scheme (Authors' mentioning
confidence: 99%
“…In this sense, RM is a "methodological approach to continuous identification, analysis, treatment and monitoring of risks by proactively using adequate processes, methods and tools" (Sienou et al, 2006). In particular, the goal of the value creation (Miglietta et al, 2017;Battisti et al, 2019) previously introduced is, thus, influenced by the ability of an organisation to manage potential risks to guarantee that optimal decisions are made (e.g. Hubbard, 2009;Tardivo et al, 2015).…”
Section: Theoretical Frameworkmentioning
confidence: 99%