This paper calls for a merger of technology and marketing under a customer value perspective; for an enhancement of the traditional technological innovation orientation of the technology-based firm with a market thrust. It establishes technology-based products as product-service offerings that are derived from technological innovation. The aim in marketing technology-based products is an improv...

This paper shows evidence (SMEs) can maintain higher firm value by innovation activities such as R&D expenditure, asset counted R&D expenditure, and cost asset-counted R&D expenditure has higher effect on the firm value than cost expenditure. Moreover, the additional result shows that business, innobiz firms, and management innovati Medium Business Administration (SMBA) for policy purpose maint...

This paper presents the findings of a study of the relationship between organizational culture and innovation. The particular contribution of this study is mainly its focus on the Innovation Value Chain (thus how organizations generate new ideas, convert them to products or services, and subsequently spread these) and how this might be related to organizational culture. The theoretical basis wa...

We examine how corporate innovations influence firms’ industrial diversification decisions and how innovation-related diversification affects firm value. Our fixed effect, 2SLS and GMM models consistently show that corporate innovations lead to greater extent of diversification. The 2SLS model uses the staggered implementation of U.S. state-level R&D tax credits as an instrumental variable for ...

Megatrends are shaping the rapidly changing global economy. These trends have also brought a convergence revolution, creating a new business environment ‘convergenomics’. An in-depth analysis of convergences from organisational factors to technologies, industries and biological-artificial systems is presented with numerous real-world examples. Then, strategic innovation approaches to create new...

Regardless of where health reform efforts lead, the major stakeholders of the U.S. health system – patients, providers, payers, employers, communities, and government – will continue to demand greater value. The value concept relates to the quality of benefits and outcomes received for the price that is paid. Essentially, better value emerges with improvements in quality, delivery, access, and ...

The concept of open innovation, of which open source software is a well-cited example, has grown in popularity over the past decade. Firms engaged in open innovation leverage external knowledge to accelerate innovation and exploit innovation more effectively. One way in which firms can connect with external sources of knowledge is by participating in value networks with a multitude of external ...

Big data value engineering for business model innovation requires a drastically different approach as compared with methods for engineering value under existing business models. Taking a Design Science approach, we conducted an exploratory study to formulate the requirements for a method to aid in engineering value via innovation. We then developed a method, called Eco-ARCH (EcoARCHitecture) fo...

This paper aims at examining how firms create and capture value with open source software (OSS). OSS is seen as an excellent exemplar of both peer production and open innovation. Nevertheless, the use of OSS as a form of open innovation is such a recent phenomenon that many unanswered questions still persist. The very concept of OSS represents phenomena that require firms to rethink their strat...