Commercialization Of Innovations Research Articles

Linguistic structures and innovation: A behavioral approach

We draw on the Sapir-Whorf theory of linguistics and its effect on cognition, to advance the theory of commercial innovation. We do so by analyzing the association between linguistic structures and innovation output. We evaluate three distinct linguistic categories (grammatical gender marking, the use of second-person pronouns, and the use of first-person singular pronouns) and demonstrate that the corresponding linguistic variables are strongly associated with innovation output and performance. Our paper makes several contributions to the literature. We advance management scholarship by demonstrating how the Sapir-Whorf theory of language relativity can provide a deeper understanding of technology development processes and the functioning of national systems of innovation. Specifically, our quantitative results regarding the association between the three metrics of linguistic structure and innovation have important implications for theory, policy, and practice. Finally, we contribute to the ongoing theoretical debates on gender inequality, group creativity, and collaborative innovation.

Responsible design thinking: Informing future models of cross-disciplinary design education

This article provides a critical commentary of Design Thinking education and proposes a new model for incorporating responsibility within these teaching and learning practices. The need for this approach becomes more urgent as Design Thinking is increasingly integrated across disciplinary boundaries into business schools where it is seen as a pathway to commercial innovation that ultimately impacts society. Within this article, Responsible Design literature is reviewed to identify principles and practices that can inform Design Thinking education, bringing critical depth, as well as social and environmental impact into its broader ambit. It is argued that principles of social responsibility, environmental sustainability, ethics, critical thinking and accountability can be combined with feasibility, viability and desirability to create a new model for Responsible Design Thinking education. Based on these principles, three different conceptualizations are presented to indicate how Responsible Design Thinking may be applied in teaching practice. This model is proposed with the intention of supporting educators who are seeking to introduce Responsible Design Thinking into their teaching practice, as well as provoking discussion about the current and future state of Design Thinking education.

Participation of agricultural business organizations in the formation of the fund for innovative development of the scientific technology park of the Republic of Belarus

The features of the functioning of scientific technology parks of the Republic of Belarus and their residents are studied. A comparative analysis of the economic efficiency of the functioning of agricultural organizations was carried out in accordance with the planned indicators for the implementation of the State Agrarian Business Program for 2016–2020. The influence of the functioning of the innovation development fund in the technopark on the effectiveness of the commercialization of innovations and the production and economic activities of residents is determined.

COMMUNICATION OF STAKEHOLDERS IN THE PROCESS OF COMMERCIALIZATION OF INNOVATIONS IN THE WORLD MARKET

It is impossible to commercialize innovations without properly selected participants. Participants are the key to building a reliable commercialization chain that can quickly and efficiently turn an idea into an innovative product. However, selecting participants in the innovation commercialization chain is a rather complex, lengthy, and appropriate process. The success and speed of commercialization of innovations depend on it. In addition to selecting participants, it is important to ensure communication between them, i.e., to establish communication at a qualitative level, achieving harmonious relations. Properly built communication interaction will accelerate the introduction of innovations to the market and will contribute to the formation of long-term relationships. The article presents the results of a study of stakeholders in the process of commercialization of innovations. The study’s purpose was to analyze stakeholders’ communications and interaction in the process of commercialization of innovations in the international business environment. To achieve this goal, the following objectives were set: to define the stages of stakeholder analysis of innovation commercialization, analyze the degree of their importance and interest, and determine methods of interaction between stakeholders in the international business environment. The main research methods used in writing the article are comparative analysis of scientific publications and research on the work of commercialization of innovations, generalization and visualization map by VOS viewer software analysis of stakeholders, and methods of interaction in the process of commercialization of innovations, in particular the matrix of stakeholders, the Mendelow’s Matrix (“power/interest” matrix), MitchellAgle-Wood Stakeholder Model, Accountability Scorecard, Stakeholder’s Map. With the help of the VOS viewer software product, a visualization map was created in connection with the concepts of “commercialization of innovations”, “stakeholders” and related ideas based on information from the Scopus database. While working on the article, literary sources were analyzed close to the research topic. The analysis results confirmed the theory of the forms of interaction between stakeholders in the process of innovation commercialization.

A QUANTUM LEAP? THE CASE FOR RADICAL INNOVATION

Incremental innovation has become the norm as the influence of business and management disciplines and functions have come to dominate research and practice—for example, standard processes for product development, design-thinking to improve existing user practices and superficial business model variations. Such incremental approaches to managing innovation have merit, and can result in significant cumulative changes over time. However, the way in which such incremental innovation is resourced, organised and managed is fundamentally different to that for radical innovation, which is critical to address more significant commercial and social challenges. The cases of new product development (NPD) and business model innovation (BMI) are examined to identify the challenges researchers and managers face. We argue that to acquire a deeper understanding of how radical innovation works, more ambitious cross-disciplinary research is needed, rather than the current direction of travel in the literature towards single discipline studies and standard processes that apply primarily to incremental commercial innovations.

ОБЕСПЕЧЕНИЕ КАЧЕСТВА ОБРАЗОВАНИЯ В УСЛОВИЯХ МОДЕЛИ «УНИВЕРСИТЕТ 3.0»

The article analyzes institutional models of ‘a modern university’, tasks, functions and features of higher education institutions in the context of the “University 3.0” concept, which envisages integration between commercialization of educational achievements, science, innovation and research in higher education institutions, as well as modernization and development of higher education system in our republic, as well as internationalization of the academic education network. The stages of change for transition to a university - entrepreneurship (3.0) depending on transformational processes observed in the current higher education system, have been justified. Opening of venture funds and banks ensuring secured benefits and introduction of a mechanism for providing special incentives to residents who deal with commercializing existing innovative developments and accommodating residents with innovative research and production centers (Technoparks) established at universities, has been recommended on the basis of advanced universities.

Changing Behaviours and Its Theories to Achieve the Desire for Entrepreneurship in Future Generations in the UAE and Gulf Region

The Gulf region has been emerging as a prosperous hub of entrepreneurship and commercial innovation and is, at present, portraying continuous development. The success of this region is due to several different factors such as the size of the region, youth generation; digital economy; and its progressive access to technology. This study is a literature review and adopts a five-stage process to recruit studies that align with the aim of this study. The data was collected from journal articles, blogs, government websites, and articles from Google Scholar, Proquest, EBSCO, and EconLit. A total of 31 journal articles were reviewed and analyzed. This paper (1) identified variations in entrepreneurial activities, attitudes and perceptions, and aspirations among UAE youth; (2) explored factors defining the nature and level of UAE entrepreneurial work; and (3) presented the potential of entrepreneurship through education in the UAE; (4) need to strengthen technological transfers to entrepreneurial approach and networking opportunities. Initiatives taken by the UAE government in supporting entrepreneurial development were also presented and emphasized. Entrepreneurs are observed as a core aspect that encourages creativity and innovation, generates employment opportunities, and brings prosperity to society. This paper emphatically focuses on entrepreneurship research by presenting policy implications to improve UAE’s entrepreneurship in the country’s economy.

GOVERNMENT SUPPORT TO BUSINESS INNOVATION POTENTIAL: FUNDING MECHANISM AND IMPETUS FOR GROWTH UNDER MARTIAL LAW

The article addresses the issues of finding pathways to foster the national economic growth against the martial law context. It is noted that with the start of hostilities in Ukraine, all business processes and the normal functioning of the economy slowed down, in particular, this refers to innovative activities, research and development, intellectual property and the overall national innovation potential. The paper observes that there is an objective need to build an effective innovation funding mechanism which will provide an opportunity to generate accumulated assets in the key priority areas to enhance the innovation potential of Ukrainian businesses. It is emphasized that this mechanism of financing innovations should rely upon the following fundamental principles: targeted focus towards financial vectoring; verified justification and legal support to primary sources of assets; a polystructural character of asset sources; financial depth and breadth; adaptability of the funding system to wartime conditions to gain synergy from using its constituent elements. Based on international best practice, it is argued that business innovation support and innovation effectiveness rest largely on the funding timeliness and target focus. The study suggests that the innovation funding mechanism will create favourable environment to ensure prompt and efficient implementation of innovation processes in all areas of business. In the context of this study, government support to business innovation potential is viewed as part of the overall business strategy in strengthening and boosting innovation potential for the future. According to the research findings, the key impetus to support innovations under martial law are the following: motivational incentives for business units and companies engaged in investing in research and development of innovative enterprises; encouraging the creation of research centres; promoting innovative and technological growth zones; active assistance in facilitating modernization of innovative businesses; government grant initiatives and preferential lending programmes; innovation export support and promotion; in-depth support to innovative public procurement schemes; making use of a special tax regime for intellectual property products which contributes to shaping a favourable tax rate on income from intellectual property commercialization. The study offers important implications for further research in developing an effective framework to boost innovations which will enhance collaboration and increase the efficiency of research, industrial, financial, innovative and personnel potentials. Ultimately, this will have a positive effect on encouraging global cooperation in the vector of innovative activities, will ensure technology transfer and innovation commercialization, as well as contribute to increasing the share of innovative products in world markets. The implementation of the above priority objectives will help Ukraine to respond to modern challenges, overcome the current crisis and spur further economic growth.

Invention and Commercialization of Innovations

Invention and Commercialization of Innovations

Commercializing Healthcare Innovations: A Catalyst for Economic Development

This article explores the pivotal role of commercializing healthcare innovations in driving economic development. As breakthroughs in medical research continue to emerge, the economic potential of translating these innovations into marketable products and services becomes increasingly evident. Through an in-depth examination of successful case studies and a comprehensive analysis of the underlying mechanisms, this article aims to shed light on how the commercialization of healthcare innovations can serve as a powerful catalyst for fostering economic growth and sustainability.

Models of Commercialization of Innovations in an Open Innovation Process

At present, innovations constitute a key determinant of a competitive position among market entities. Recent years have seen a change in the approach towards innovations and a gradual shift from a closed to an open model of innovation. The changing paradigm of innovation is accompanied by the question how to commercialize about outcomes of open innovation processes. The aim of the present article is to review models of the commercialization of innovations which are applied in innovation processes based on principles typical of the open innovation model.

Motivating factors of innovative research activities and barriers to R&D in Kazakhstan

While higher education, science, and industry have become key factors in the national and economic growth of a country, they perhaps act as independent performers. This paper aims to describe the development of innovative commercialization activities based on the dissemination of innovations in the fields of research, education, and business. The present research, using empirical studies as its research method, first reviewed the current worldwide status of research studies to see their contribution to knowledge transfer. Second, it portrayed the results of an online survey of 100 respondents studying and teaching or researching at Kazakhstani universities to better understand the innovative research activities and motivations of and barriers to the research and development (RD) in the Republic of Kazakhstan. The results of the proposed approach are presented in the case of Kazakhstani researchers. Based on such findings, some recommendations are made for better Kazakhstani education, industry, and science alignment so that research in this country can have a greater impact on economic growth.

การจัดลำดับความสำคัญของกลุ่มงานวิจัยในสาขาวิชาวิศวกรรมอุตสาหการและโลจิสติกส์ของไทยในยุคอุตสาหกรรม 4.0

This research aims to set the direction of research groups in Industrial and Logistics Engineering according to the evolution of Industry 4.0 era by applying Analytical Hierarchy Process (AHP). The applied AHP consists of 6 criterion which are research that promote and support the entrepreneur to develop commercial innovation, research that go along with Industry 4.0, research that go along with the development of Thailand Industry, research that challenge the interest of domestic entrepreneur, research that needed digital technology to support the operation and research that promote and support the competitiveness enhancement of Small and Medium Enterprises (SMEs) in Thailand. This research applies AHP to rank 12 research groups which are the group of operation research, the group of production and operation management, work study, plant layout, ergonomics and safety management, the group of quality management, the group of energy management, the group of green and sustainability in industrial engineering, the group of materials and manufacturing engineering, the group of supply chain and logistics, the group of innovation management and industrial technology transfer, the group of engineering management, the group of maintenance and reliability engineering and the group of other related topics to industrial engineering. The results from AHP show that the group of innovation management and industrial technology transfer, the group of green and sustainability in industrial engineering, the group of energy management and the group of supply chain and logistics are the research groups that need to be focused through 2 processes which are to promote and funding and to improve the related educational curriculum according to the direction of research groups.

INNOVATION AND PATENTS RECEIVING THE GOVERNMENT'S ATTENTION

Dear Reader, Inaugurating the Grand Finale of the Smart India Hackathon, 2022 and addressing the 15000 finalists of the Hackathon, the Honourable Prime Minister of India, Shri Narendra Modi made a clarion call for research and innovation and appealed to make innovation a "way of living" with increasing acceptance in society, especially among the research community. The Future of India will be realised and recognised through innovative research and commercialisation of innovation, he said. Strong governmental support through appropriate organisations was promised for encouraging innovation. It is heartening, said the PM, that India is making rapid strides in Intellectual Property generation through ideation and converting them to practical applications.

Information in Consumer Contracts: Reforming Consumer Protection Law in Malaysia

AbstractThis article examines the effectiveness of the Consumer Protection Act 1999 in ensuring that Malaysian consumers can make informed decisions and that their interests are adequately protected in modern electronic commerce (e-commerce) transactions. It first identifies the key elements required of a modern consumer protection framework and subsequently uses this model as a yardstick to assess the legal frameworks in two jurisdictions. The first jurisdiction is Malaysia, a common law country that, although considered a potentially important regional player in the development of e-commerce, has a relatively underdeveloped consumer protection framework. The second jurisdiction is England and Wales, which is likewise a common law jurisdiction but one whose consumer protection framework has been influenced by European Union consumer protection policy and legislation that has further provided the impetus for significant legal reform in both offline and online environments. This article examines the extent to which the laws in both jurisdictions provide appropriate protection, considering countervailing issues (eg, protection of commercial innovation and competition) and identifying potential gaps in provision (eg, inadequate regulation of new platforms or business methods). Based on these analyses, the article proposes an ‘evergreen’ consumer protection framework to improve the legal landscape of e-commerce in Malaysia.

Examining the Role of Regulation in the Commercialisation of Indigenous Innovation in Sub-Saharan African Economies: Evidence from the Ghanaian Small-Scale Industry

Understanding the factors that drive the successful commercialisation of indigenous innovation in Sub-Saharan African economies is still limited. From both policy and theoretical perspectives, regulation is one factor that remains crucial for the successful commercialisation of innovation. However, the empirical evidence is still unclear regarding its effect on firm performance, urging the need for more evidence from different economies, sectors, and firms. This study, therefore, examined the effects of regulation on the performance of firms engaged in the commercialisation of indigenous innovation in the Ghanaian small-scale industry, a typical low-income economy in Sub-Sahara Africa. From the frugal innovation theoretical perspective, the study assumed that firms engaged in the commercialisation of indigenous innovation in such low-income economies operate in an environment with regulatory gaps and voids. Using a sample survey of 557, it deployed PLS-SEM to test the effects of regulation on key successful commercialisation metrics. The findings show that at a 5% statistical significance level, regulation has significant positive effects on sales, employment, and owners’ feelings of success. Regulation also positively moderates the influence of finance and organisational factors on overall firm performance. The study provides leading evidence of the effect of regulation on the commercialisation of indigenous innovation from Ghana and adds to the clarification of the impact of regulation. It suggests that in such low-income economies, the policy must consider more balanced and appropriate regulations, not less, or deregulating to promote indigenous innovation.

The effectiveness of appropriation mechanisms for sustainable innovations from small and medium-sized enterprises

Literature suggests that formal and informal appropriation mechanisms, such as patents and trade secrecy, play a crucial role in obtaining returns from innovation. Whether this applies to a sustainable innovation is unclear. Appropriation mechanisms could enable the commercialization of sustainable innovations, helping diffusion and societal impact, yet could clash with the principles of openness and sharing that characterize sustainable innovations. This may limit sustainable innovations’ commercial success. To shed light on this debate we analyzed an original sample of sustainable innovations by Dutch small and medium-sized enterprises. We found that sustainable innovations make use of informal appropriation mechanisms, such as lead time advantage and confidentiality agreements, and that these mechanisms are positively associated with commercial success. The positive and negative views on appropriation mechanisms in a sustainable innovation context actually vary by mechanism. The results suggest that firms introducing sustainable innovations behave similarly to other small and medium-sized enterprises innovators when it comes to use of appropriation mechanisms, but the extent to which such mechanisms enable commercial success reveals important specificities. Implications for managers include the use of first-mover advantages to stay ahead of the competition. Service innovations may benefit from using confidentiality agreements. Policymakers can promote simplicity, interoperability, and right-to-repair initiatives to reduce product complexity and hence waste, thereby lowering the negative impact of complexity on commercial success. The results also contribute to the literature in which associations between innovation, sustainability and economic performance were reported for small and medium-sized enterprises.

Critical Factors in Technology Transfer Office (TTO) Process That Support Successful Technology Transfer Within Research Universities (RUs)

The purpose of this paper is to analyse potentially significant factors in a series of relevant characteristics of universities’ technology transfer offices (TTOs). Previous studies stated that TTO plays an important role in shaping the direction of technology transfer growth in Research Universities (RUs) and could increase the economic growth. However, the success rate of commercialization in RUs innovations are low when compared to start-ups/spinoffs companies against the Intellectual Properties Rights (IPR) produced. Therefore, there is a need to enhance the role of TTO in RUs to enable successful technology transfer. This study conducts a systematic literature review synthesis to identify role and responsibilities of TTO in the process of commercialization, determine critical factors for enabling successful technology transfer and understanding RUs innovation ecosystem for enhancing successful technology transfer. The results provide evidence that TTO which has appropriate institutional structure with entrepreneurial activities could facilitate development of academic entrepreneurship roles thereby motivating successful RUs technology transfer. These results are expected to improve the successful commercialization rate of universities inventions in consistent with the regional economic growth in Malaysia. Future studies are recommended to include development of a framework for nurturing strategic entrepreneurship within TTO to enhance commercialization of innovation through RUs technology transfer.

Agriculture, food and global value chains: issues, methods and challenges

Agriculture, food and global value chains: issues, methods and challenges

Analysis of imports of mobile telephony equipment to Peru, periods 2017-2021

To maintain an optimal level of storage, organizations need to have different providers around the world, since this allows them to acquire equipment from the best brands and at more attractive prices that allow them to increase their profitability. The objective of this article was to analyze the impact of imports of mobile phone equipment on the national economy of Peru during the period 2017-2021, taking into consideration the four (04) main importing companies in this category. The methodology used was descriptive, with a non-experimental design, whose results have been favorable for the national economy through tax collection through SUNAT, which has allowed a better distribution of wealth within the country. in addition to promoting employment to various families dedicated to this area, concluding that it is important to manage the optimization of import costs, in addition to commercial innovation for a better distribution of mobile telephone equipment at the national level, maintaining and strengthening relationships bilateral and multilateral agreements with the nations that have signed free trade agreements.