Complex Product Systems Innovation Research Articles

Integrator’s Coordination on Technological Innovation Performance in China: The Dual Moderating Role of Environmental Dynamism

As the backbone of national strategic development, Complex Product Systems (CoPS) have made great achievements in China, the world’s largest demand market and second largest economy. However, their further development is challenged by the dynamic environment, including the ongoing Sino-US trade friction, for example. The aim of this research is to investigate the influence of the dynamic external environment on CoPS innovation. Based on contingency theory, this study identifies and investigates the moderating effects of technological and market dynamism on the relationship between the integrator’s coordination and its technological innovation performance. Using survey data from 209 CoPS integrator enterprises in China, the findings show that (1) the positive effect of an integrator’s coordination on technological innovation performance is strengthened by technological dynamism, while (2) weakened by market dynamism. In addition, (3) the technological dynamism acts as a higher-order moderating role in inhibiting the negative moderating effect of market dynamism on the main effect in general. Furthermore, (4) an unexpected but inspiring finding shows that the integrator’s coordination facilitates innovation most when both the technology and market dimensions are highly dynamic. This study may indicate that managerial recognition may have significant influence on enterprise’s behavior.

A BEHAVIOURAL APPROACH TO THE LEAN STARTUP/MINIMUM VIABLE PRODUCT PROCESS: THE CASE OF ALGORITHMIC FINANCIAL SYSTEMS

This paper theorises about the behaviour of firms engaged in complex product systems innovation and engineering under the lean startup/minimum viable product process. In doing so, it fills a gap in the literature at the intersection of innovation management and behavioural economics. By deconstructing the concept of commercial value, we assemble, define and structure the relationships among seven values that innovation teams encounter along the path of innovation. Then, we demonstrate the usefulness of the proposed framework by applying it to the case of algorithmic financial systems. The model of capability developed for this domain may have broader applicability. For innovations where performance is probabilistic and achieves a steady state, capability can define what counts as “good enough” commercial value.

복합제품시스템 혁신의 관점에서 바라본 우리나라 해양플랜트 산업의 난관

복합제품시스템 혁신의 관점에서 바라본 우리나라 해양플랜트 산업의 난관