Commercialization Of New Products Research Articles

Preface: 2nd International Conference on Electronics, Machinery and Intelligent System (EMIS 2023)

With great pleasure, we would like to welcome all delegates to our 2023 2nd International Conference on Electronics, Machinery and Intelligent System (EMIS 2023). This conference was held during December 02-03, 2023 in Jakarta, Indonesia. As a major international conference on electronics engineering, mathematical modeling, computer simulation, machinery and mechatronics, intelligent system, and information technology, EMIS 2023 aims at bringing together researchers from the world and providing them with a high-qualified platform for them to share their latest studies and inspiring findings.
 EMIS 2023 conference covers a wide range of current research areas which covers important elements in the related engineering fields. This conference gathers experts from different countries to discuss and present new research findings and perspectives. Four prominent keynote speakers from oversea universities and from industry were invited to share their ideas on current developments in these emerging and important topics. Our participants came from several countries. There are 4 sessions for oral presentation, and the participant are given 10-15 minutes to deliver their works and 5 minutes for Q&A.
 We are sure all participants used this conference as a platform to present their work and address current problems in this challenging and promising field and subsequently create new avenues for the commercialization of new products.
 Conference Organizing Chair
 Jakarta, Indonesia

Digital Tools-Regulatory Considerations for Application in Clinical Trials.

During the last few years, the pharmaceutical industry has adopted digital technologies/digital health technology (DHT) to improve the drug development process and the commercialization of new products. Technological advances are strongly supported by both the US-FDA and the EMA, but the regulatory landscape in the US seems to be more suitable to promote innovation in the digital health sector (e.g. Cures Act). In contrast, the new Medical Device Regulation sets high hurdles for Medical Device software to pass regulatory scrutiny.On both sides of the Atlantic, a digital tool must be fit-for-purpose for the intended use in the clinical drug trial. Irrespective of its status as a Medical Device, at least the basic safety and performance requirements according to local regulations should be met, quality system and surveillance requirements should be fulfilled, and the sponsor must ensure conformity with GxP and the local data privacy and cybersecurity legislations.There is an overlap in technical and clinical validation for drug development tool qualification in both regions to ensure that the digital tools deliver reliable data with tangible clinical benefits. Based on an analysis of the regulatory framework of the FDA and the EMA, this study proposes regulatory strategies for a global pharma company: It would be prudent for drug development companies to a) use approved solutions or b) consider qualification of drug development tools early and in parallel to clinical development. Early engagement with the FDA and the EMA/CA is recommended to define evidentiary standards and corresponding regulatory pathways for different contexts-of-use and to clarify regulator's expectations as to what extent data collected by digital tools are acceptable to support marketing authorization applications (MAA).Hence a harmonization of the partly disparate regulatory requirements in the US and the EU accompanied by further development of the regulatory landscape in the EU, could further foster the use of digital tools in drug clinical development. The outlook for the use of digital tools in clinical trials is hopeful.

Preface: 2022 International Conference on Electronics, Machinery and Intelligent System (EMIS 2022)

With great pleasure, we would like to welcome all delegates to our 2022 International Conference on Electronics, Machinery and Intelligent System (EMIS 2022). EMIS 2022 was held virtually on December 10-11, 2022 in Dalian, China. As a major international conference on modeling and simulation, industrial electronics, machinery and intelligent system, aims at bringing together researchers from the world and providing them with a high-qualified platform for them to share their latest studies and inspiring findings. With passionate participants from the world, would be perfect for you to present your research and find collaboration for your future work.
 EMIS 2022 conference covers a wide range of current research areas which covers important elements in the related engineering fields. This conference gathers experts from different countries to discuss and present new research findings and perspectives. Four prominent keynote speakers from oversea universities and from industry were invited to share their ideas on current developments in these emerging and important topics. Our 76 participants came from several countries. There are 6 sessions for oral presentation, and the participant are given 10-15 minutes to deliver their works and 5 minutes for Q&A via Google Meet platform.
 We are sure all participants used this conference as a platform to present their work and address current problems in this challenging and promising field and subsequently create new avenues for the commercialization of new products.
 Conference Organizing Chair
 Dalian, China

Photonics in Finland

Finland has a long tradition of photonics research and industry, which has led to many pioneer photonics related technologies developed in the country. Together with a worldclass research and education environment, wide range of competencies and leading knowhow in optical sensing and imaging, microand nanophotonics, lasers and fiber optics, and in extended reality (XR), makes Finland an ideal place for innovations in photonics, commercialization of new products, company growth, and for international success.

Mapping the strength of sectoral innovation system in the Nigerian pharmaceutical industry: Empirical evidence

It is well known that innovation in the modern economy is driven by interactions among the stakeholders that make up the innovation system. Effective interactions among key actors in an innovation system foster flow of knowledge and resources development and commercialization of new products. This study assesses the depth of research and development (R&D) and level of interaction existing among key elements in the Nigerian pharmaceutical industry. Data were obtained from thirty-two manufacturing pharma firms, and sixty-nine researchers from faculties of pharmacy across Nigerian universities and three key research institutes with drug-related mandates. The results reveal poor synergy in research among the actors, and weak academia-industry interaction as only about one-third of industrial firms indicated active collaboration with knowledge institutions. More pertinently, over two-third of researchers in universities rated research-industry collaborations on most of the key aspects considered to be at least weak, Contract research and joint R&D activities were equally rated weak. The study concludes that the pharma innovation system in Nigeria requires serious government interventions by creating robust platform to promote productive interactions between these actors.

“Digital Colonization” of Highly Regulated Industries: An Analysis of Big Tech Platforms’ Entry into Health Care and Education

Digital platforms have disrupted many sectors but have not yet visibly transformed highly regulated industries. This study of Big Tech entry in healthcare and education explores how platforms have begun to enter highly regulated industries systematically and effectively. It presents a four-stage process model of platform entry, which we term as “digital colonization.” This involves provision of data infrastructure services to regulated incumbents; data capture in the highly regulated industry; provision of data-driven insights; and design and commercialization of new products and services. The article clarifies platforms’ sources of competitive advantage in highly regulated industries and concludes with managerial and policy recommendations.

Factors to Assist Micro and Small Manufacturing Enterprises with New Product Commercialization in Brits and Surrounding Areas.

Abstract
 Purpose - The purpose of the paper is primarily to identify the prevalence of factors needed by micro and small enterprises which influence successful commercialization of new products in Brits and surrounding areas.
 
 Design Methodology - A non-experimental form of research was utilized, where a descriptive research design was employed. A survey questionnaire was compiled and quantitative research approach was used.
 
 Findings - There were 103 responses out of a targeted sample of 200 respondents. This constitutes a response rate of 51.2%. The majority of the responses were from the micro enterprises. The majority of enterprises were in Brits and surrounding areas with a total of 54% micro enterprises (n = 56).
 
 Research limitations and implications - The research project was limited to micro and small manufacturing companies in one area of South Africa.
 
 Practical implications - Small businesses are important partners in economic development, job creation and equity and that their success is paramount. This is embedded in the government’s National Development Plan 2030.
 
 Originality / Value - The success of new product commercialization in micro and small manufacturing enterprises is of utmost importance to ensure the success and sustainability of companies.
 
 
 

Modeling Social Product Development Process, Technology, and Governance

Social product development (SPD) is an open innovation model in which social technologies and social mechanisms are employed to mobilize individuals in ideation, development, and commercialization of new products. This model holds the promise of engaging a broad and varied community of individuals in innovation activities. However, SPD platforms have struggled to scale early successes and build momentum to become sustainable. To critically assess the viability and paths forward for SPD, we examine social innovation processes, technologies, and platform governance that underlie this open innovation model. We identify six process functions—social engagement, ideation, experiential communication, social validation, codevelopment, and cocommercialization—to model SPD. We examine how these functions are enabled or supported by social technologies and cogoverned by an innovation community, innovation sponsor, and partners in manufacturing and retailing. We assessed the proposed SPD model with case studies of two SPD platforms. This article contributes to the innovation process modeling literature a comprehensive, integrated model of SPD processes, technology, and governance. This holistic model provides a new framework for systematic investigations of SPD for further theorization and empirical study. The proposed model is sufficiently general yet grounded in the phenomenon to guide design, deployment, and governance of socially enabled open innovation.

Análisis de la actividad innovadora en las MiPymes paraguayas durante la crisis del COVID-19

This article analyzes the innovative activity of Paraguayan MSMEs during the pandemic. A survey was conducted during the months of February to April 2021 to 360 owners and managers of MiPymes in the sectors of commerce, industry, construction and services. Pearson's Chi-square test and analysis of variance were applied for the quantitative analysis. A favorable innovative activity is evidenced in most of the indicators analyzed, where statistically significant increases stand out in aspects related to innovation carried out in companies that have received some type of support or subsidy, especially in the commercialization of new products or services with 84.6%, in changes or improvements in production processes that occurred in 91.2% of cases, and in innovation related to organization and management in 87.9% of participating companies.

Life cycle assessment of repurposed waste electric and electronic equipment in comparison with original equipment

Reuse is considered as a priority alternative for the management of Waste from Electrical and Electronic Equipment (WEEE). The reason is that it is thought that reuse always has a lower environmental impact. However, few studies have evaluated in detail the environmental impacts of reuse, and even fewer have analysed cases of reuse for a purpose other than the original one. In this study, life cycle assessment (LCA) following the ISO 14040 standard, was employed to assess the environmental impacts of two preparing for reuse processes of desktop computer considered as WEEE, whose results were repurposed products with industrial application: a programmable logic controller (PLC) and a perimeter security system (PSA). These scenarios were compared with other equivalents in which the products come from virgin raw materials. The results showed a worse environmental performance of repurposed PLC than one original, due mainly to differences in distribution and use stages. The greater weight, the shorter lifespan and mainly the higher operating power were responsible for the greater negative effects of the reuse scenario. However, repurposed PSA has a lower negative impact than original equipment in all environmental categories analysed. This was mainly due to its lower operating power and also not having demanding technical characteristics. Therefore, in this case, the usage profile, the composition and the lifespan can be considered as the main factors that determine the environmental advantage of repurposed products. The main conclusion of this work is that the environmental viability of the reuse of WEEE depends on the existing commercial alternatives for the application of the new product obtained; being one of the main factors the power consumption and the lifespan. This constitutes an important aspect to take into account when developing regulations, strategies and policies to prevent the implementation of WEEE management systems with environmental impacts greater than other alternatives. Further, the specific information about environmental performance of repurposing can contribute to the development of new processes of preparing for reuse. In this way, the commercialization of new products from these processes is favoured, which contributes to improving the environmental management of WEEE and the development of the circular economy.

Social Interaction and Crowdfunding Project Success: Moderating Roles of Product Development Stage and Product Innovativeness

In recent years, crowdfunding has gained a lot of popularity as it helps to leverage the power of the crowd in the development and commercialization of new products. Thus, scholars are encouraged to explore factors that could enhance the success of these crowdfunding projects. This article investigates the impact of social interaction (i.e., proactively updating the potential funders and seeking their feedback) on the success of the crowdfunding project among technology ventures. Moreover, we examine the moderating role of the product characteristics, i.e., product development stage and product innovativeness, on the relationship between social interaction and crowdfunding success. To test our hypotheses, we conducted two studies. For the first study, we collected and analyzed data from 203 Kickstarter projects from the mobile apps technology category. For the second study, we designed two short experiments with four hypothetical mobile apps technology projects each and collected data from 132 crowdfunders about their likelihood of supporting the projects. Both studies clearly highlight that social interaction has a significant positive impact on project success in terms of receiving funding and feedback among technological ventures. This article also suggest that products in the ideation stage benefit more from social interaction than products in the commercialization stage. Moreover, in contrast to our assumption, our findings indicate that the positive relationship between social interaction and project success is stronger for products with incremental innovativeness than radical innovativeness. Our study adds to the existing literature in crowdfunding by highlighting ways by which entrepreneurs can improve the success of their crowdfunding projects.

Greasing the wheels or blocking the path? Organizational structure, product innovativeness, and new product success☆

Research on firm-level innovativeness indicates that internal resistances in the innovating organization and external resistances in the marketplace act as critical hindrances to successful commercialization of innovations. We suggest that the translation of firm-level product innovativeness into successful commercialization of new products is facilitated when firms’ organizational structures are designed to unleash their abilities to overcome these resistances. We examine the relationship between firm-level product innovativeness and perceived new product performance, and analyze how organizational structure in the form of centralization and formalization moderates (enlarges or eliminates) the focal relationship. Testing hypotheses on a sample of 137 German exporters reveals support for our theoretical predictions. Our research contributes to the literature by contextualizing the relationship between firm-level product innovativeness and perceived new product performance. Moreover, we contribute to a better understanding of effective export sales organizations.

International Journal of Innovation - IJI completes 7 years

International Journal of Innovation - IJI completes 7 years

The Ecosystem of Research, Education, and Community

Insights from research discoveries trigger innovation and invention, and ultimately lead to commercialization of new products. This influx of new technologies feeds the economy, and in turn also sparks interest in the community. It is this excitement and promise that attracts students to the field—our future workforce of policy makers, manufacturing experts, engineers, scientists, educators, and other leaders. Appreciation of the interdependence of these three cornerstones—research, education, and society—is essential in creating our best future.

Roadmapping for innovation management: evidence from Pirelli

Despite the growing interest of practitioners and scholars in technology roadmapping (TRM), our knowledge regarding how TRM can be embedded into the overall innovation process of a firm and used to enhance this process is relatively limited. This study aims to fill this gap. We describe an action research project conducted with Pirelli and the innovative approach to TRM this company developed during the 2010s to cope with the increasing complexity and dynamism of the tire industry. We show that TRM is currently fully integrated into the firm’s R&D activities and contributes to increasing the effectiveness of new product development. TRM supports the systematic gathering, sharing, and elaboration of information across the different functions and business units of Pirelli from the basic research to the commercialization of new products.

GLOBALIZATION AND EUROINTEGRATION FACTORS IN FORMATION OF INNOVATION POLICY

The paper discusses the features of the innovative development of the economy of Ukraine in terms of European integration. The approaches to the development of the potential of Ukrainian enterprises in the context of European integration are defined. The analysis of environmental factors in relation to industrial enterprises. The features of the functioning of the innovation policy of Ukraine, its current problems and prospects for further European integration are investigated. The low level of competitiveness of Ukraine is established. The assessment of the current state of the innovation potential of Ukraine in the context of its comparative analysis with the EU countries has been carried out. The strategic priorities, institutional and financial mechanisms for the development of the national innovation system are identified. It was found that the development and commercialization of new products is a complex, risky process. To increase competitiveness, innovation policy is decisive. In addition, the tasks of the innovation policy of Ukraine are formed at the present stage of European integration. Recommendations are made on the influence of the main political, economic, social and technological aspects of the influence of the external environment on enterprises that form the industrial complex of the country. Proved the need for an innovative approach as a pledge of economic growth in the long term

Botanical Insecticides in the Twenty-First Century-Fulfilling Their Promise?

Academic interest in plant natural products with insecticidal properties has continued to grow in the past 20 years, while commercialization of new botanical insecticides and market expansion of existing botanicals has lagged considerably behind. Insecticides based on pyrethrum and neem (azadirachtin) continue to be standard bearers in this class of pesticides, but globally, their increased presence is largely a consequence of introduction into new jurisdictions. Insecticides based on plant essential oils are just beginning to emerge as useful plant protectants. Some countries (such as Turkey, Uruguay, the United Arab Emirates, and Australia) have relaxed regulatory requirements for specific plant extracts and oils, while in North America and the European Union, stricter requirements have slowed progress toward commercialization of new products. Botanicals are likely to remain niche products in many agricultural regions and may have the greatest impact in developing countries in tropical regions where the source plants are readily available and conventional products are both expensive and dangerous to users.

Recommendations for Product Development of Intelligent Products

Bearing in mind the urge of society for new and high-functional products, the Internet of Things (IoT) technologies play an important role to provide these new functionalities to society. The IoT consists of a new technological paradigm, which can be understood as a network that connects devices, things. All things that IoT reaches acquire a virtual identity and communicate through the Internet with users, society and the environment. Therefore, the incorporation of IoT technologies allows several new functionalities to the products, transforming them into a new category called intelligent products. These products generate data that, after being analyzed, allow the development and commercialization of new products and services for society, addressing its urges by extension. Furthermore, in order to develop intelligent products, the literature recommends a set of changes in the development process. Contrasting the development of intelligent products with traditional products, the literature points out differences in architecture, in the relationship with customers, and in the range of services offered. All the aforementioned differences and other variations should be taken into account in the Product Development Process (PDP) when developing and widening the array of intelligent products. Therefore, this work aims to propose recommendations for the process of developing intelligent products which incorporate IoT technologies. Additionally, as a theoretical contribution of this study, we intend to gather and systematize the propositions about the IoT PDP that are spread across different areas of the literature, such as computing, engineering, management, finance, and others. Finally, as a practical contribution, the results of this project intend to guide the managers through the process of transforming and adapting the traditional development process into a PDP oriented to intelligent products

Electrospun nanofiber materials for energy and environmental applications

Abstract Electrospinning is the one of the most versatile techniques to design nanofiber materials with numerous applications in the fields of energy conversion, catalytic chemistry, liquid and gas filtration.1 By electrospinning, complex structures can be designed from a rich variety of materials including polymers, metals, ceramics and composite, with the ability to control composition, morphology and secondary structure and tailor performance and functionality for specific applications. Moreover, with recent developments in the design of electrospinning equipment and availability of industrial-scale electrospinning technologies with production rates of several thousands of square meters per day new opportunities for electrospinning are imminent. With this, the advanced research on materials performed in our labs is getting closer to the commercialization of new products for applications in fields of energy and environment. An overview will be given on electrospinning activities at DTU Energy that address the sizable challenges in energy and environmental applications by electrospinning: 1. Electrospun perovskite oxide nanofiber electrode for use in solid oxide fuel cells. In this application, a (La0.6Sr0.4)0.99CoO3-δ cathode was shaped into 3-dimensional thin-film by so-gel assisted electrospinning method combined with calcination and sintering; 2. Electrospun nanofiber materials for gas adsorption. Both the advantages and challenges of using electrospun nanofiber materials will be discussed, in terms of electrochemical performance, surface area, packing efficiency and mechanical stability.

Knowledge integration in IPPD project: role of shared project mission, mutual trust, and mutual influence

Project integration is an important management issue related to product development performance outcomes. Design, development, production, and commercialization of new products and services require a project team's ability to acquire and integrate different knowledge bases of internal capabilities, customers, and suppliers. A literature gap exists regarding critical drivers of knowledge integration and shared knowledge in product development projects that needs to be identified and scientifically validated. Based on goal setting, social exchange, and information processing theories, the current study identifies antecedents of knowledge integration in terms of a shared project mission, mutual trust, and mutual influence, and investigates key relationships among these antecedents to determine the effect of knowledge integration on integrated product and process development (IPPD) project outcomes. Proposed hypothetical relationships among these constructs were tested on primary data collected from 191 respondents (OEM project managers and team members, suppliers, and customers) from IPPD projects from the U.S. automotive industry. With regards to the antecedents of knowledge integration in IPPD projects, our results indicate a statistically significant positive association between shared project mission, mutual trust, mutual influence and knowledge integration. Further, our results indicate a positive relationship between knowledge integration and performance outcomes measured in terms of IPPD project success and IPPD product success. Our results also indicate a partial mediating effect of mutual trust and mutual influence between the relationships of shared project mission and knowledge integration. Discussion of our empirical results, limitations, and recommendation for future studies in the area of knowledge integration in the area of IPPD projects are also provided.