Innovation Capability and Open Innovation for Small and Medium Enterprises (SMEs) Performance: Response in Dealing with the COVID-19 Pandemic DOI Open Access
Augustina Asih Rumanti, Afrin Fauzya Rizana, Lutfia Septiningrum

et al.

Sustainability, Journal Year: 2022, Volume and Issue: 14(10), P. 5874 - 5874

Published: May 12, 2022

The current business environment requires every organization or company to achieve optimal performance and maintain it. Innovation capability open innovation practices play a critical role in improving organizational performance. However, their Small Medium Enterprises (SMEs)’s performance, especially during the COVID-19 pandemic, still needs be identified further. Thus, this study conducts empirical research elaborating intrinsic factors of capability, as well influence on efforts, i.e., how SMEs pandemic. In model, 206 respondents were gathered given reearch questionnaire. are owner batik located several regions Indonesia. PLS-SEM is used test data, result shows that all hypotheses developed accepted, SMEs’ significantly financial operational results show SMEs, ability innovate innovation, entry can facilitate greater Therefore, woud benefit from initiatives opportunities improve abilities innovation.

Language: Английский

The Futures of Europe: Society 5.0 and Industry 5.0 as Driving Forces of Future Universities DOI Creative Commons
Elias G. Carayannis, Joanna Morawska

Journal of the Knowledge Economy, Journal Year: 2022, Volume and Issue: 13(4), P. 3445 - 3471

Published: Jan. 5, 2022

Abstract The concept of Society 5.0 and Industry is not a simple chronological continuation or alternative to 4.0 paradigm. aims place human beings at the midpoint innovation, exploiting impact technology results with technological integration improve quality life, social responsibility sustainability. This ground-breaking perspective has common points objectives United Nations Sustainable Development Goals. It also major implication for universities transformations. Universities are called upon producing knowledge new technologies innovation. In our paper, we argue that digitalisation opens perspectives can become one main drivers their change. Incorporating assumptions into practices policies will allow both societies fully benefit from digital transformation. Making human-oriented innovation as trademark developing cooperative models help achieve sustainable priorities. use Quintuple Helix Model (QHM) might foster process necessary transformations capacities it integrates different sets stage sustainability priorities considerations. As far practical goal concerned, paper proposes set recommendations aiming forms channels distribution education, research within in context QHM 5.0. We call them socially digitally engaged model.

Language: Английский

Citations

370

Technological Capabilities, Open Innovation, and Eco-Innovation: Dynamic Capabilities to Increase Corporate Performance of SMEs DOI Creative Commons
Luis Enrique Valdez-Juárez, Mauricio Castillo‐Vergara

Journal of Open Innovation Technology Market and Complexity, Journal Year: 2020, Volume and Issue: 7(1), P. 8 - 8

Published: Dec. 31, 2020

Currently, small and medium enterprises (SMEs) play a leading role in most of the world's economies. For this reason, they seek technological competitiveness improvement their innovation activities. In context, open eco-innovation are important elements to achieve these goals. With background, purpose paper is analyze relationship between capability, innovation, corporate performance, testing structural equation model using SmartPLS sample 684 medium-sized companies Mexico. The main results show that capability significantly influences practices, not directly but through or eco-innovation. Our also confirm positive effects have on SMEs' performance. These implications literature dynamic capabilities been previously tested. decision-makers, it shows why practices should be encouraged.

Language: Английский

Citations

158

Sustainability and the Digital Transition: A Literature Review DOI Open Access
Albérico Travassos Rosário, Joana Carmo Dias

Sustainability, Journal Year: 2022, Volume and Issue: 14(7), P. 4072 - 4072

Published: March 29, 2022

The digital transition processes have demonstrated an enormous capacity to develop and implement sustainable solutions, which allow solving several problems such as poverty, high rates of species extinction lack equal opportunity. However, little attention is paid the connection between sustainability. Thus, a systematic bibliometric literature review was developed fill this knowledge gap demonstrate potential contributions environmental, economic, social sustainability aspects. In environmental sustainability, involves application technologies Artificial Intelligence (AI), big data analytics, Internet Things (IoT), mobile that are used solutions in areas urban development, production, pollution control. economic emerging can drive transformation into more circular economy, sharing establish manufacturing infrastructure design. studies analyzed need for multidimensional policy perspectives address current divide. For effective management achieves goals, study discusses alternative approaches include innovation through experimentation dynamic advantages achievable temporary benefits.

Language: Английский

Citations

139

Unpacking the sustainable performance in the business ecosystem: Coopetition strategy, open innovation, and digitalization capability DOI
Min‐Jae Lee, Taewoo Roh

Journal of Cleaner Production, Journal Year: 2023, Volume and Issue: 412, P. 137433 - 137433

Published: May 9, 2023

Language: Английский

Citations

64

Industry 4.0 innovations and their implications: An evaluation from sustainable development perspective DOI Creative Commons
Iqra Sadaf Khan, Muhammad Ovais Ahmad, Jukka Majava

et al.

Journal of Cleaner Production, Journal Year: 2023, Volume and Issue: 405, P. 137006 - 137006

Published: March 30, 2023

As the dyad of Industry 4.0 (I4.0) and innovation have gained greater attention from researchers, practitioners policy makers, integration sustainability sustainable development paradigms to this become fundamental sustain businesses’ competitive advantage. A variety I4.0 based innovations with several implications exists in literature, but they largely address independent distinct knowledge areas, which yields an opportunity explore interconnections I4.0-innovation-sustainability nexus. Therefore, research performs a systematic literature review synthesize nexus by investigating how combination technologies different types innovations, could contribute thereby providing implications. Our portfolio derived three databases analyzed 58 journal articles that addressed simultaneous links I4.0-innovation-sustainability. The primary findings show results various including process, product, business model, supply chain, organizational, open, marketing advance triple bottom line (TBL) sustainability, circular economy (CE), models (SBMs) achievement goals (SDGs). While most studies focus on model TBL CE implications, more is required significant overlooked areas such as SDGs.

Language: Английский

Citations

50

Sustainable Development towards Openness SME Innovation: Taking Advantage of Intellectual Capital, Sustainable Initiatives, and Open Innovation DOI Open Access
Chanchai Phonthanukitithaworn, Wutthiya Aekthanate Srisathan, Chavis Ketkaew

et al.

Sustainability, Journal Year: 2023, Volume and Issue: 15(3), P. 2126 - 2126

Published: Jan. 23, 2023

The issues of the relationship between innovative maturity enterprises, orientation small- and medium-sized enterprises (SMEs) to principles sustainability, expansion their participation in sustainable development with business efficiency are very important interesting. In this case, it is find a good balance policy that focuses on businesses’ needs. This will help SME companies be as efficient possible have least amount impact environment. especially for countries where businesses main driving force country’s economy. research aims examine how conceptualizations intellectual capital (e.g., relational capital, social structural capital) affect open innovation sustainability-oriented initiatives foster sustainability businesses. Using equation modeling based second-order factor analysis, survey data were collected from 481 SMEs Thailand. Intellectual enhances opportunity recognition develop innovation, while an strategy should well-placed. SMBs policymakers pay attention idea terms socio-rational resources, which projects could developed through cooperation.

Language: Английский

Citations

42

Can Corporate Digitalization Promote Green Innovation? The Moderating Roles of Internal Control and Institutional Ownership DOI Open Access

Dukangqi Li,

Weitao Shen

Sustainability, Journal Year: 2021, Volume and Issue: 13(24), P. 13983 - 13983

Published: Dec. 17, 2021

This study examined the impact of corporate digitalization on green innovation using data concerning A-share companies listed Shanghai and Shenzhen stock markets from 2012 to 2018. We measured degree through a text analysis annual reports empirically tested its panel fixed effects model. found that digital transformation can improve levels, especially when internal control is weak institutional ownership low. These findings support theoretical expectation strengthen supervision. The relationship between digitization governance mechanisms was proved be complementary. Additionally, economic consequences showed improves financial performance by promoting innovation. results clarify determinants provide relevant insights for increasing value transformation.

Language: Английский

Citations

95

Innovation and environmental, social, and governance factors influencing sustainable business models - Meta-analysis DOI
Krzysztof Kluza, Magdalena Zioło, Anna Spoz

et al.

Journal of Cleaner Production, Journal Year: 2021, Volume and Issue: 303, P. 127015 - 127015

Published: April 9, 2021

Language: Английский

Citations

81

Innovation Ecosystem framework directed to Sustainable Development Goal #17 partnerships implementation DOI
Larissa Oliveira Duarte, Diane Aparecida Reis, André Leme Fleury

et al.

Sustainable Development, Journal Year: 2021, Volume and Issue: 29(5), P. 1018 - 1036

Published: April 13, 2021

Abstract Partnerships are demanded to implement a more integrated approach sustainable development problems. The complex character of sustainability requires the participation many societal spheres resolve them. Sustainable Development Goal #17 “Strengthen means implementation and revitalize global partnership for development” recognizes multi‐stakeholder partnerships as important vehicles mobilizing sharing knowledge, expertise, technologies, financial resources support achievement SDGs in all countries. Innovation Ecosystems (IE) dynamic purposive multi‐stakeholders' networks with relationships built on trust, co‐creation value, exchange complementary technologies or competencies. Few studies investigated IEs relating specially within SDGs. This study provides descriptive analysis relationship between IE SDGs, concerning question about how framework can orient SDG implementation. methodology is based literature review documents from United Nations, available at UN Knowledge Platform ‐ 2021. Four core drivers were identified discussed: Geographical Governance, Collaboration, Transmission, Value co‐creation. Considering lens, be addressed purpose engaging Major Groups, which key contributors terms being part challenges solutions. There need prepare stakeholders ecosystem conscious aware innovations. Future research should include describing methods measure performance considering empirical analyze roles relations Groups.

Language: Английский

Citations

70

The Creative Services Sector in Polish Cities DOI Creative Commons
Radosław Wolniak, Izabela Jonek-Kowalska

Journal of Open Innovation Technology Market and Complexity, Journal Year: 2022, Volume and Issue: 8(1), P. 17 - 17

Published: Jan. 12, 2022

The creative services sector plays an important and constantly growing role in the modern economy. This publication presents results of extensive research on functioning Polish cities, conducted a representative sample 287 cities located throughout Poland. was good such way as to maintain structure by province. survey included questions rated 5-point Likert scale. aim study determine whether active involvement public administration its development has positive impact this sector. carried out example medium-sized European country, which is original contribution authors demonstrate, large sample, existence municipal office's activities for using special funds boost creativity city, ascertain linear relationship between city size level it.

Language: Английский

Citations

65