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The Innovation Ecosystem As A Source Of Value Creation
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Book Synopsis The Innovation Ecosystem as a Source of Value Creation by : Odile de Saint Julien
Download or read book The Innovation Ecosystem as a Source of Value Creation written by Odile de Saint Julien and published by John Wiley & Sons. This book was released on 2022-09-21 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ecosystems have been present in the fields of economics and management for decades, and in recent years they have experienced rapid development. However, there is still no consensus on the definition of an innovation ecosystem. Using concrete examples, The Innovation Ecosystem as a Source of Value Creation proposes a unique model in order to refine the understanding, functions, advantages and disadvantages of innovation ecosystems. This model is based on both the iterative network and integrated value chain. The network supports the collaboration between actors and favors asset transfers articulated around the innovation process. This book highlights the transfer processes at work in the innovation ecosystem, as well as the roles of the actors in this integrated value chain. It presents how value creation is articulated around knowledge to generate value shared by all of the actors in the innovation ecosystem.
Book Synopsis How Can Open Source Technology Ecosystem Create Value? Evidence from Investors' Reactions to Firms' GitHub Code Releases by : Wei Yang
Download or read book How Can Open Source Technology Ecosystem Create Value? Evidence from Investors' Reactions to Firms' GitHub Code Releases written by Wei Yang and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study examines whether and how firms create value by making their innovations free and non-proprietary open source technologies, a possibility that runs counter to the central tenet in strategy regarding the control of private knowledge as a key to profiting from innovation. In exploring this counterintuitive conjecture, we focus on the stock market reactions as a forward-looking indicator of value creation and connect the literature of innovation ecosystems with investors' reactions to firm strategies. More specifically, we argue that the stock market positively reacts to firms' release of innovation as open technologies, because it constitutes an effective ecosystem disclosure strategy that not only enables investors to fully evaluate the value of the underlying innovation ecosystem, but also creates new opportunities for ecosystem expansion and maintaining more efficient coordination and collaboration in ways that creates value. In turn, we further argue that shock market reactions to the disclosure of open technologies are positively influenced by a firm's proprietary innovations that ease the value capture within an ecosystem, while they are negatively affected by the potential of non-proprietary open collaboration opportunities that present high opportunity cost in the process of value appropriation through ecosystem collaboration. We also propose that the effect of those drivers would be accentuated by the technological interdependencies of the released technology. Those arguments are fully supported in our empirical analysis of 2,738 release of open-source software programs by 132 public companies in the software development industry. Our analysis shows that, on average, a release of innovation as open technologies created a 0.34% cumulative abnormal return for the disclosing company. We discuss implications for the understanding of innovation ecosystems and the development of value creation of open technologies.#
Book Synopsis Innovation Ecosystems by : Martin Fransman
Download or read book Innovation Ecosystems written by Martin Fransman and published by Cambridge University Press. This book was released on 2018-10-04 with total page 353 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fransman explains how innovation happens and which factors can help or hinder, by treating innovation as a systemic phenomenon, or ecosystem of players and processes. It will appeal to economists, other social scientists, business people, policy makers, and anyone interested in innovation and entrepreneurship.
Book Synopsis Value Creation in Innovation Ecosystems by : Ron Adner
Download or read book Value Creation in Innovation Ecosystems written by Ron Adner and published by . This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The success of an innovating firm often depends on the efforts of other innovators in its environment. How do the challenges faced by external innovators affect the focal firm's outcomes? To address this question we first characterize the external environment according to the structure of interdependence. We follow the flow of inputs and outputs in the ecosystem to distinguish between upstream components that are bundled by the focal firm, and downstream complements that are bundled by the firm's customers. We argue that the effect of external innovation challenges depends not only on their magnitude, but also on their location in the ecosystem relative to the focal firm - whereas greater innovation challenges in components enhances the benefits that accrue to technology leaders, greater innovation challenges in complements erodes these benefits. We further argue that the effectiveness of vertical integration as a strategy to manage ecosystem interdependence increases over the course of the technology life cycle. We explore these arguments in the context of the global semiconductor lithography industry from its emergence in 1962 to 2005 across nine distinct technology generations. We find strong support for our arguments.
Book Synopsis Value Creation by Knowledge-Based Ecosystems by : Michel van der Borgh
Download or read book Value Creation by Knowledge-Based Ecosystems written by Michel van der Borgh and published by . This book was released on 2012 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: A growing number of research and development-driven companies are located in knowledge-based ecosystems. Value creation by these ecosystems draws on the dynamics of single firms (interacting and partnering) as well as the ecosystem at large. Drawing on a field study of a Dutch high-tech campus, two key sources of value creation are identified: (1) facilitation of the innovation process for individual companies and (2) creation of an innovation community. Furthermore, the coevolution of the ecosystem's business model with firm-level business models explains why technology-based firms join, stay in, or leave the ecosystem at a certain point in time. A remarkable finding is that ecosystem managers have to deliberately facilitate exit routes for companies that no longer fit the ecosystem in order to enhance and reinforce its business model. As such, this study suggests a dynamic capability perspective on knowledge-based ecosystems that need to develop a business model at the ecosystem level to create sufficient innovative capacity and entrepreneurial fitness.
Download or read book Living Innovation written by Sang M. Lee and published by Emerald Group Publishing. This book was released on 2018-08-31 with total page 163 pages. Available in PDF, EPUB and Kindle. Book excerpt: Drawing upon real-world examples from across the globe, Lee and Lim explain the fundamentals of innovation, introduce emerging innovation tools, and outline new innovation strategies in order to demonstrate how innovation can contribute to the greater social good.
Book Synopsis Innovation, Social Networks, and Service Ecosystems by : Jennifer D. Chandler
Download or read book Innovation, Social Networks, and Service Ecosystems written by Jennifer D. Chandler and published by Springer Nature. This book was released on 2020-09-30 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the ways in which value is created in the digital economy from a social networks and service ecosystems perspective. Focusing on innovation, this project explores analytics, Big Data, and privacy with respect to service management and value creation. It debunks these technology-centric buzzwords by relating cross-disciplinary research topics from seminal sociology, business, management, marketing, information systems, organizational, and technology theory under the common theme of plasticity, which is the ability of a system to take and retain form. A keen understanding of plasticity is the route to success in the digital economy. This book, aimed at academics, graduate students and practitioners in fields related to innovation, service research, and strategic management, offers a holistic perspective on innovation that is informed by scholarly research from multiple disciplines.
Book Synopsis The Innovation Ecosystem by : Mok O'Keeffe
Download or read book The Innovation Ecosystem written by Mok O'Keeffe and published by . This book was released on 2018-12-16 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Taking inspiration and insight from the world's most innovative organisations, The Innovation Ecosystem identifies the four elements they all share, providing you with a step-by-step guide to doing it in your business. When you read this book you will understand how organisations such as Google and IKEA continue to innovate and grow. You will also discover how to: - Set a clear innovation strategy that aligns to your business objectives - Inspire your leadership team to encourage, enable and reward innovation - Measure innovation and put structures and processes in place to ensure it is protected from 'business as usual' - Turn employees into innovators by giving them the tools, knowledge and space to innovate This book is a must-read for business leaders who want to understand how to unlock the creative potential of their people and deliver sustainable innovation in their business.
Book Synopsis Innovation Ecosystems by : Eunika Mercier-Laurent
Download or read book Innovation Ecosystems written by Eunika Mercier-Laurent and published by John Wiley & Sons. This book was released on 2013-02-07 with total page 267 pages. Available in PDF, EPUB and Kindle. Book excerpt: The capacity to innovate is a fundamental resource for organizations as well as the true wealth of a society. To contribute fully to the prosperity of an organization, region or country, the innovation process - which is not only technology-based - requires the implementation of knowledge dynamics between domains that are often treated in isolation. This dynamic is based on a synergy between humans and intelligent machines. For several years, innovation has been omnipresent and part of strategic matters. The word "innovation" is in the headlines of reports, articles and business media, and is also the subject of events, projects, think tanks, clubs and blogs. Several forums on social networks are devoted to its various facets. It is a global phenomenon. This book introduces the concept of "e-co-innovation" which brings a better understanding of the successful transition from idea to reality and ultimate value. The motivation behind this book is to introduce a global and system overview of the subject, to present the various aspects of innovation from different angles and perspectives to finally bring the reader to an understanding of all ecosystem components, their metamorphoses, cross-influences and possible impacts on the balanced development of people, businesses, regions and countries.
Book Synopsis The Innovation Ecosystem by : Gabrielle Benefield
Download or read book The Innovation Ecosystem written by Gabrielle Benefield and published by . This book was released on 2021-12-15 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Strategy and Innovation for a Changing World by : JOHN M. CLEGG
Download or read book Strategy and Innovation for a Changing World written by JOHN M. CLEGG and published by Matador. This book was released on 2021-10-28 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: Invention and innovation are not the same. When we come up with an exciting and original new idea, by itself that idea is not an innovation
Book Synopsis The Power of Innovation Ecosystems by : Violeta Bulc
Download or read book The Power of Innovation Ecosystems written by Violeta Bulc and published by . This book was released on 2011 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Clusters of Innovation in the Age of Disruption by : Engel, Jerome S.
Download or read book Clusters of Innovation in the Age of Disruption written by Engel, Jerome S. and published by Edward Elgar Publishing. This book was released on 2022-07-21 with total page 480 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is about innovation ecosystems, Clusters of Innovation (COI) and the Global Networks of Clusters of Innovation (GNCOI) they naturally form. What is innovation and why is it important to us? Innovation is nothing less than the ability for constructive response and adaptation to change. The cause and catalyst for that change is frequently identified as technology and its unceasing pressure to improve on existing solutions and address unmet needs. The last decade has painfully demonstrated that exogenous environmental shocks are also sources of change that call for innovative responses, ranging from the obvious challenges such as global warming and Covid-19 to the more subtle social and political perturbations of our time.
Book Synopsis Entrepreneurs and Innovation by : Keith Herndon
Download or read book Entrepreneurs and Innovation written by Keith Herndon and published by Innovations Publishing. This book was released on 2008-10 with total page 162 pages. Available in PDF, EPUB and Kindle. Book excerpt: Significant advances in communication and computing technology have ignited a new wave of innovation in the U.S., especially in the areas of wireless communications, biotechnology, clean technology and alternative energy. Led by passionate entrepreneurs, businesses are creating products and services that will change every facet of the way we live. This book features interviews with a dozen experts who provide valuable insight into the process of creating value with emerging technologies. Entrepreneurs and Innovation features successful entrepreneurs who relate their own experiences, and it also includes experts in intellectual property law, technology commercialization and venture capital. The introduction explores the ubiquity of technology in a world that produces more transistors than grains of rice and explains how inexpensive computing power has formed a platform that encourages innovation across a broad spectrum.
Book Synopsis Mapping National Innovation Ecosystems by : Amnon Frenkel
Download or read book Mapping National Innovation Ecosystems written by Amnon Frenkel and published by . This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Increasingly, researchers and policymakers alike recognize that innovations are generated by complex and dynamic national ecosystems that include government, industry, universities and schools. Because these systems differ by country and are strongly influenced by culture, effective policy and research strategies require a systems approach, in which policy consensus is built on a clear understanding of how each nation's innovation ecosystem functions. Scholars and students of innovation and management will find this book an invaluable resource, as will innovation policymakers across the world.
Book Synopsis Online Communities and Open Innovation by : Linus Dahlander
Download or read book Online Communities and Open Innovation written by Linus Dahlander and published by Routledge. This book was released on 2014-07-16 with total page 129 pages. Available in PDF, EPUB and Kindle. Book excerpt: The advent of Internet marked a significant change in how users and customers can be involved in the innovative process. History is rife with examples of how users innovate, but Internet and its associated communication technologies brought radically new means for individuals to interact rapidly and at little cost in communities that spur new innovations. These communities are initiated and governed by people that differ in their motivations for taking part and participate to varying degrees. Such communities are outside the immediate control of companies seeking to develop open innovation strategies aimed at harnessing their work. This book brings together distinguished scholars from different disciplines: economics, organization theory, innovation studies and marketing in order to provide an improved understanding of how technological as well as symbolic value is created and appropriated at the intersection between online communities and firms. Empirical examples are presented from different industries, including software, services and manufacturing. The book offers food for thought for academics and managers to an important phenomenon that challenges many conventional wisdoms for how business can be done. This book was published as a special issue of Industry and Innovation.
Book Synopsis Innovation Design by : Elke den Ouden
Download or read book Innovation Design written by Elke den Ouden and published by Springer Science & Business Media. This book was released on 2011-10-01 with total page 206 pages. Available in PDF, EPUB and Kindle. Book excerpt: Innovation Design presents an approach to designing shared value for businesses, non-profit organizations, end-users and society. The societal and economic challenges we are currently facing – such as the aging population, energy scarcity and environmental issues – are not just threats but are also great opportunities for organizations. Innovation Design shows how organizations can contribute to the process of generating value for society by finding true solutions to these challenges. And at the same time it describes how they can capture value for themselves in business ecosystems that care for both people and planet. This book covers: creating meaningful innovations that improve quality of life, engage users and provide value for organizations and other stakeholders, guiding the creation of shared value throughout the innovation process, with a practical and integrative approach towards value that connects ideas from economics, psychology, sociology and ecology, designing new business models and business ecosystems to deliver sustainable benefits for all the involved parties and stakeholders, addressing both tangible and intangible value. Innovation Design gives numerous examples of projects and innovations to illustrate some of the challenges and solutions you may encounter in your journey of designing meaningful innovations and creating shared value. It also offers practical methods and tools that can be applied directly in your own projects. And in a fast-changing world, it provides a context, a framework and the inspiration to create value at every level: for people, for organizations and for the society in which we live.
