Catalyst For Innovation Research Articles

The Evolution in Dementia Caregiving Research: NIA's Catalyst Role.

This article celebrates the National Institute of Aging (NIA)'s successes over the past fifty years in advancing the science base informing the need for and response to dementia caregiving. In parallel with other public and private efforts, insightful NIA leadership supported by funding initiatives established the field of dementia caregiving research. In support of the health and well-being of family caregivers, NIA was a catalyst of innovation that led to numerous evidence-based caregiving interventions informed by basic research on care tasks and consequences. As evidence of the impending burden of dementia care on US families mounted, NIA-funded multidisciplinary collaboratives of researchers generated comprehensive models of family caregiving across diverse populations. Today, the dementia caregiving evidence base is shaping public policy and making possible dementia caregiving support services in health systems and community-based organizations. NIA continues to support the scientific study of dementia caregiving with a collaboratory of leading scientists and by making available state-of-the-art datasets and encouraging standardized research methodologies. NIA's leadership in the field of dementia caregiving research has never been more significant as the number of persons living with dementia in the US approaches 7 million, and the value of family caregiving is estimated to be $350 billion.

Family CEO and radical innovation: A stewardship perspective

This article integrates the literature on radical innovation, the stewardship perspective, and family business research to develop and test a model examining the influence of a family CEO and the CEO's generational stage on radical innovation, considering different types of family CEOs as distinct manifestations of strategic leaders' stewardship behavior. Furthermore, building on the notion of “doing more with less”, we propose and empirically test the notion of “doing better with less”—specifically, whether the presence of a family CEO enhances the pursuit of radical innovation under resource constraints (i.e., with lower R&D intensity). Using longitudinal data over an 11-year period from 227 listed firms in the automotive and pharma/biotech industries from 29 countries, we find that firms led by a family CEO, especially those led by descendants, excel at radical innovation. Descendant-led firms are also better at radical innovation with lower R&D intensity, suggesting they do better with less. That is, our study shows that family CEOs at a later generational stage serve as catalysts for radical innovation, even under resource constraints. In addition to implications for theory and practice, our findings offer a more advanced understanding of the strategic leadership-innovation relationship in terms of distinct manifestations of stewardship behavior for radical innovation in firms with family leadership.

Dampak Literasi Keuangan, Sikap Keuangan dan Ingklusi Keuangan Terhadap Kinerja UMKM Di Kabupaten Sumbawa

The efficacy of Micro, Small, and Medium Enterprises (MSMEs) is crucial to a nation's economy, particularly in emerging nations such as Indonesia. Micro, small, and medium enterprises (MSMEs) not only provide substantial contributions to gross domestic product (GDP) but also serve as the primary source of employment, capable of accommodating a considerable workforce. Due to their flexibility, MSMEs can swiftly adjust to market fluctuations and consumer demands, thereby serving as a catalyst for innovation and local economic development. This study aimed to examine the impact of financial literacy, financial attitudes, and financial inclusion on the performance of small and medium enterprises (MSMEs) in Sumbawa Regency. This research used a quantitative methodology using a population of 1,362 MSME participants in Sumbawa Regency. The employed sampling approach is total sampling, with the sample size calculated using the Slovin formula, resulting in 100 respondents. Data collection was conducted using a questionnaire including a Likert scale ranging from 1 to 4. Data analysis was conducted via Structural Equation Modeling (SEM) with Partial Least Squares (PLS). The study's findings indicate that financial literacy, financial attitudes, and financial inclusion positively and significantly impact MSME performance in Sumbawa Regency.

Performance-Based Budgeting and Corporate Innovation: Evidence from a Quasi-Natural Experiment in China

ABSTRACT This paper exploits a quasi-natural experiment to investigate the relationship between performance-based budgeting (PBB) and corporate innovation in China. The findings indicate a significant rise in patent applications and patents granted among firms headquartered in provinces that have adopted PPB. The increase is particularly pronounced for firms in provinces facing higher fiscal pressure and stronger government audits. The positive impact of PBB on corporate innovation is considerable for corporates with state-owned attributes and high financial constraints. The mechanisms of government fiscal transparency, research and development subsidies, and tax incentives are supported. Additional analyses indicate that the current PBB in China shows limitations in covering the governmental fund budget comprehensively. Moreover, in regions with increased government spending on science and technology, the influence of PBB on corporate innovation is significantly more pronounced. Collectively, the evidence implies that PBB can serve as a catalyst for corporate innovation.

Quantum computing and its implications for Asian innovation ecosystems

ABSTRACT Where quantum computing is emerging as a catalyst for innovation, this paper investigates its influence on R&D efficiency and innovation outcomes across 4,500 firms in six key sectors – pharmaceuticals, finance, materials science, energy, telecommunications, and logistics – in Asia between 2015 and 2024. The study employs advanced models, including Agent-Based Modeling (ABM), Bayesian Networks, Support Vector Machines (SVM), and Markov Chains, to analyse the relationship between quantum computing investments and innovation performance. The results indicate that high-R&D sectors, such as pharmaceuticals and finance, benefit most from quantum computing due to its role in accelerating drug discovery and optimising risk management. In contrast, low-R&D sectors like telecommunications and logistics face slower adoption due to infrastructure challenges and limited resources. Government support, particularly through subsidies and tax incentives, enhances the impact of quantum computing investments on innovation outcomes, especially in high-R&D industries. This study addresses key gaps by providing empirical evidence of quantum computing’s role in driving sectoral innovation and offering actionable insights for policymakers and industry leaders.

DYNAMIC ANALYSIS OF INNOVATION — PROFITABILITY NEXUS IN SERVICE FIRMS: AN OUTLOOK OF A SMALL SERVICE ECONOMY

Research suggests that while firms may make substantial investments in innovation to increase returns, they can still encounter unpredictable results that lead to financial setbacks. As the reason for this perception fuels an ongoing investigation, this research contributes to the discussion for improved understanding. Specifically, it investigates 1,847 Norwegian service firms using the Generalised Method of Moments (GMM) system estimators of dynamic panel data models. Its empirical findings indicate that innovation has an immediate and strong positive impact on profitability. Moreover, innovation impacts service firms with a negative short-term lag profit effect and a positive profit effect in the medium term. However, the medium-term positive impact of innovation on profitability is lower in magnitude than the immediate term. Suggesting that the lasting profit effects induced by innovation may be constrained, and continuous innovation management is essential to sustaining these benefits over time. Additionally, the analysis reveals a positive correlation between past and current profitability values. Suggesting an interesting dynamic: financial gains can act as a catalyst for further innovation.

Intellectual property protection as catalyst for radical technological innovation in national research program teams through innovation milieu and group potentials

Based on the innovation-driven theory and the ability-motivation-opportunity (AMO) perspective, we explore the role of intellectual property protection (IPP) in enhancing the radical technological innovation (RTI) of national research project teams (NRPT). Survey data from 336 national research project team members from universities and enterprises were used to analyze the theoretical model of this study, bringing in the chain-mediated effects of innovation milieu (IM) and group potential (GP) for analysis, as well as two-stage hybrid partial least squares structural equation modeling (PLS-SEM) and artificial neural network techniques (ANN) to evaluate the hypotheses. The empirical findings of this paper show that the strength of IPP has a positive relationship with RTI of NRPT, and that IPP is the most important predictor of this. These new findings expand the scope of innovation-driven theory and AMO theory, and provide a constructive model for NRPT to provide suggestions for the improvement of IPP system as a way to improve the realization of RTI. The results of this study can guide policymakers in strengthening IPP systems to encourage research teams to explore innovation more proactively and to facilitate the reasonable sharing and transfer of innovative outcomes. By creating a supportive innovation environment and maximizing the potential of research teams, technological breakthroughs can be achieved more effectively.

Opportunities Behind Challenges for Classroom Management at Aisyiyah Kindergarten in Kalitengah Village

Community Service Program (KKN) is an extracurricular activity that combines the Tri Dharma of Higher Education, as well as learning and community service. This course is designed to provide students with real-world experience while also enhancing their critical thinking skills. KKN focuses on community welfare. This article discusses the implementation of the 2024 KKN-T group 23 in Kalitengah Village, Tanggulangin, focusing on the educational aspect. This study examines the challenges of teaching in the Aisyiyah Kindergarten class in Kalitengah Village and explores the innovative opportunities that arise from this situation. With an unfavorable teacher-to-student ratio, this educational institution faces several challenges in providing high-quality education. Using qualitative research methods, this study examines the adaptive strategies developed by students and teachers. Data was collected through participatory observation, interviews with teachers and school principals, as well as analysis of school documents. The main idea is that the lack of human capital has driven the implementation of more collaborative and creative learning methods. Strategies such as the implementation of a peer mentoring system, integration of educational technology, and active involvement of parents in the learning process have produced unexpectedly positive outcomes. The research results indicate an increase in student independence, better development of social-emotional skills, as well as efficiency in time and resource management. This study concludes that challenges can serve as a catalyst for educational innovation, with important implications for the development of adaptive and effective classroom management models in other early childhood education institutions facing similar limitations.

Potensi Inovasi Indonesia di Tengah Bonus Demografi: Menjawab Tantangan Global

Indonesia’s demographic bonus, marked by a large working-age population, offers significant potential to drive economic growth and innovation. However, despite this demographic advantage, Indonesia faces challenges in workforce quality, investment in research and development (R&D), and technological infrastructure. According to the Global Innovation Index 2023, Indonesia ranks 62nd out of 132 countries in innovation. The low proportion of skilled workers and the lack of formal training programs within companies exacerbate the innovation gap. To fully leverage its demographic potential, Indonesia needs comprehensive policy reforms in education and R&D, increased investment in human capital, and strengthened technological infrastructure. Without these improvements, the demographic bonus risks turning into a long-term burden rather than a catalyst for innovation and economic growth.

Democracy as a Goal and a Driving Force for Development: The Case Study of Vietnam

The article explores the complex interplay between democracy and development in Vietnam, a country with a unique historical and political context. Through document analysis, it examines the legal and political reforms implemented since the Doi Moi in 1986 to understand how democratic elements have contributed to Vietnam's socio-economic development. We argue that, despite existing challenges, the integration of democratic principles into Vietnam's development framework serves not only as an ultimate goal but also as a powerful catalyst for economic innovation, human development, and sustainable governance. The conclusion emphasizes that to maintain sustainable and inclusive development, Vietnam must continue its commitment to democratic values by improving governance mechanisms, expanding citizen participation, increasing transparency, and ensuring that development processes reflect the needs of the people. Only by deeply integrating these principles into its development strategy can Vietnam achieve long-term growth and stability.

THE STRATEGIC ROLE OF FPSO IN DEEPWATER EXPLORATION: INTEGRATING SOCIAL MANUFACTURING SYSTEMS WITHIN INDUSTRY 5.0

This study analyzes the role of Floating Production, Storage, and Offloading units (FPSO) in deepwater oil and gas exploration within the context of Industry 5.0, focusing on integrating social manufacturing systems. Reviewing common offshore exploration methods, the study identifies FPSOs as key catalysts for innovation, energy efficiency, and sustainability. The research concludes that combining FPSO with Industry 5.0 can optimize horizontal and vertical production processes, enhancing predictive maintenance, advanced safety, and waste management. Continuous innovation is highlighted as vital for addressing future challenges in deepwater exploration.

Research on Enterprise Financial Information Risk Identification and Dynamic Control Management Model Based on Genetic Algorithm

In the contemporary global economic landscape, the imperative for enterprise financial informatization as a catalyst for efficiency, cost reduction, and innovation is evident. However, the deepening integration of informatization introduces corresponding risks, necessitating the establishment of effective risk management systems. This paper proposes a genetic algorithm-based model for enterprise financial informatization risk management, aiming to offer precise and actionable solutions. The study integrates genetic algorithms to enhance the adaptability and flexibility of the risk management model in the dynamic information environment. Through in-depth research on corporate financial informatization risks, a multi-dimensional risk management control model is constructed, considering technical, organizational, and environmental factors. The genetic algorithm introduces a new perspective for model optimization, enabling efficient search and optimization capabilities. The model not only identifies but also controls and governs risks, providing timely intervention and effective risk management. Moreover, the genetic algorithm facilitates intelligent decision support for risk management by adapting to changing environments. Empirical analysis validates the model’s feasibility and effectiveness in real enterprise cases, emphasizing its practicality.

Catalysts of social change and innovation: Mediating role of social self-efficacy and social support on social entrepreneurial intentions

There has been a recent surge in social entrepreneurship to address pressing social problems. Social ventures drive positive change and reshape traditional business norms by providing innovative solutions and fostering inclusive growth. Social entrepreneurial intention (SEI) is crucial to studying social entrepreneurship since it sheds light on the underlying motivations and factors that drive people to engage in social enterprise. The study examines empathy, moral obligation, perceived social support, social self-efficacy, risk-taking motive, and innovativeness as determinants of SEI. Data collected through an online questionnaire from 349 commerce and management students were analysed using Partial Least Squares Structural Equation Modelling (PLS-SEM). Results reveal a significant influence of social self-efficacy, perceived social support, risk-taking motive, and innovativeness on SEI. Notably, the results highlight an indirect influence of empathy and moral obligation on SEI mediated by social self-efficacy and perceived social support. The study also reveals how social vision and social proactiveness relate to social self-efficacy. The findings have significant implications for encouraging social entrepreneurship. Policymakers and educators may use these insights to develop specific activities that assist prospective social entrepreneurs by enhancing the attributes that affect their desire to establish social ventures.

Impact of media attention on corporate green innovation: What is the role of dual environmental regulation?

This study explores the intricate interplay between media attention, dual environmental regulation, and corporate green innovation quality using a comprehensive dataset of Chinese A-share listed companies. Thus, our rigorous empirical analysis reveals that media visibility significantly affects corporate environmental sustainability efforts, with formal and informal environmental regulations moderating its impact. Media attention acts as a powerful catalyst for green innovation during growth and mature stages of a company's lifecycle; however, its effect diminishes during recessions. We determine significant heterogeneity across industry types and ownership structures. Non-high-polluting industries and non-state-owned enterprises show stronger positive responses to media scrutiny in their green innovation efforts than high-polluting sectors and state-owned enterprises. Furthermore, formal environmental regulations amplify the positive effect of media attention on green innovation, suggesting a synergistic potential that encourages companies to exceed baseline environmental standards. In contrast, while having no direct impact on green innovation, informal environmental regulation significantly moderates the relationship between media attention and innovation quality. These findings add to the literature on environmental innovation by demonstrating the conditional effectiveness of media attention and the critical role of regulatory frameworks in fostering sustainable corporate practices across industries and ownership contexts, with implications for policymakers, corporate strategists, and environmental advocates.

Drivers and obstacles on refugee entrepreneurship. The host country perspective

Refugee entrepreneurship encompasses the enterprising endeavors undertaken by individuals forced to flee their home countries. This research area has gained scholarly traction due to its profound relevance in the socio-economic perspective. To provide a comprehensive understanding of this phenomenon, a thorough systematic literature review was conducted, drawing upon the Scopus and Web of Science databases. The review scrutinized a corpus of 57 scholarly articles, which were analyzed and categorized into two main themes: the profile of refugees regarding their entrepreneurial intentions, and the contextual factors within the host countries that either facilitate or impede their entrepreneurial pursuits. Refugee entrepreneurship is associated with the necessity-driven perspective, as individuals often embark on entrepreneurial ventures due to the shortage of viable employment opportunities in their host countries. However, there exists a nuanced perspective wherein some refugees leverage their innate entrepreneurial traits, finding resonance between the economic landscapes of their home and host countries. Nevertheless, the inception of entrepreneurial endeavors is invariably accompanied by some obstacles, spanning legal, financial, and socio-economic domains. These obstacles do not deter the entrepreneurial spirit ingrained within many refugees. Instead, they serve as catalysts for resilience and innovation, prompting the formulation of adaptive strategies to surmount barriers and carve out pathways to success, underscoring the economic activity of displaced individuals and exemplifying their capacity to effectuate positive change amidst adversity.

Strategic Accounting for Innovation: Empowering Entrepreneurship in the Modern Era

This study explores how modern accounting practices drive entrepreneurial success. Through a comprehensive literature review, case study analysis of successful entrepreneurial firms, and interviews with companies that have implemented innovative accounting practices, this research uncovers the pivotal role of adaptive accounting in financial planning, risk management, and strategic decision-making. The findings highlight that companies utilizing advanced accounting tools are better equipped to handle the complexities of modern business, achieve greater financial transparency, and drive continuous innovation. The study also emphasizes the importance of accounting education and professional development in leveraging technology for these purposes. Additionally, the implications for policymakers and stakeholders underscore the necessity of a regulatory framework that supports advanced accounting practices. This study provides valuable insights for practitioners aiming to utilize modern accounting as a catalyst for business innovation and entrepreneurial success.

Advancing green innovation through the establishment of data regulatory bodies: Insights from the Big Data Bureau in China

Digital technology serves as a significant catalyst for green innovation (GI), intricately linked with policy guidance and strategic planning. Recently, a notable strategic approach fostering the evolution of digital technology is the establishment of Data Regulatory Bodies (DRBs). Leveraging data from 293 cities between 2010 and 2020, this paper employs a difference-in-differences methodology to investigate the impact of DRB establishment on GI. The results reveal a substantial increase in GI levels following DRB establishment. This enhancement is facilitated by improved administrative efficiency, the cultivation of digital finance, and the advancement of enterprise digitization. Furthermore, the effectiveness of these effects is optimized when DRBs are established through the integration of existing departments’ functions into a new department, particularly in cities with stable power and high marketization levels. These findings provide actionable insights for governmental initiatives aimed at fostering GI.

The Dynamic Interplay of Tradition and Innova-tion: An Ethnographic Study of Bengaluru’s Urban Landscape

Abstract: The paper delves into the dynamic interplay of tradition and innovation in Bengaluru. Through ethnographic research and urban analysis, we explore how the city’s streets mirror its rich cultural heritage and technological progress. From Avenue Road's bustling markets to Malleswaram's serene lanes, Bengaluru's locations reveal a harmonious blend of customs and advancements. These streets, hosting ancient temples beside skyscrapers and traditional eateries alongside fusion cuisine, are vibrant stages of coexisting narratives. Furthermore, areas like Koramangala and Basavanagudi showcase the city’s entrepreneurial spirit and artisanal preservation. Our findings highlight Bengaluru’s streets as catalysts of creativity and innovation, illustrating that tradition and modernity are complementary forces shaping the urban landscape. This research offers insights into Bengaluru’s evolving identity, presenting it as a nexus of cultural heritage and technological dynamism.

Digital Platforms as a Fertile Ground for the Economic Sustainability of Startups: Assaying Scenarios, Actions, Plans, and Players

This study examines the transformative role of digital platforms in fostering sustainable entrepreneurship within emerging economies. We argue that platforms transcend mere communication channels, acting as catalysts for innovation and collaboration among startups, thereby driving economic, social, and environmental progress. Our framework emphasizes platform-enabled startups, navigating the unique challenges and opportunities presented by these dynamic markets. We adopt a dual lens, using a mixed-methods approach to analyze digital development trends through the prism of platforms in emerging economies. This reframes the discourse on technology-driven development, acknowledging the unidirectional flow of platform adoption from developed nations. The research emphasizes the need for prioritizing sustainability standards in these regions. Furthermore, we delve into the interplay between platforms and sustainable entrepreneurship with the following three objectives: (1) deciphering the drivers of platform–startup interaction for sustainability goals, (2) formulating policies to maximize platform benefits while mitigating risks, and (3) developing actionable strategies for stakeholders to cultivate a thriving ecosystem of sustainable platform-based ventures. The findings of this study reveal six key uncertainties that will shape the future trajectories of sustainable entrepreneurship within digital ecosystems, particularly in developing nations. These uncertainties encompass the following: environmental and social standards, ongoing education and development, mobile application development and utilization, global market access, and competitiveness and value creation. Several alternative future scenarios have been constructed based on these uncertainties, including advancements in digital technologies, dynamic market conditions and evolving consumer behaviors, a heightened emphasis on sustainability and corporate social responsibility, and a paradigm shift towards collaborative business models. A comprehensive framework of supportive policies and interventions has been proposed to facilitate the realization of these scenarios. Moreover, the analysis underscores the pivotal roles of digital platform providers and startups as key stakeholders in this evolving landscape.

Digital transformation as a catalyst for green innovation: An Examination of high-tech enterprises in China's Yangtze River Delta

Green innovation represents a foundational strategy for companies aiming for sustainable and superior growth. In the digital economy landscape, rapid advancements in digital technologies provide enterprises with renewed momentum for progression. Nevertheless, there is scant empirical evidence supporting its efficacy in enhancing environmentally responsible corporate innovation. In the present study, utilising the resource-based view, data were gathered from 571 high-tech firms in China's Yangtze River Delta via surveys. Through hierarchical regression analysis, the interaction between digital transformation and green innovation was examined, taking into account the moderating effect of market-driven environmental pressures. The results indicate that digital transformation substantially promotes green innovation, and this relationship is further positively affected by the presence of market-driven environmental pressures. The present research contributes to the enhancement of green innovation theories and broadens the scope of digitalization research, providing valuable insights for advancing a green, low-carbon circular economy in the digital context.