Established Companies Research Articles

Right Information, Right Patient, Right Time: Utilizing the MyCareCompass Platform to Deliver Patient Education in the Oncology Setting

Patient education is an important part of cancer care as it increases patient activation and informed decision-making, reduces anxiety, and improves outcomes. However, challenges to providing appropriate education to patients exist on both the health provider and patient side of the equation, e.g., time constraints and health literacy issues. Digital health education is a fast-growing field of interest that has been shown to improve health outcomes, increase effectiveness of medical treatments and education, lower medical costs, and enhance both clinical diagnosis and research opportunities by streamlining data collection, sharing, and analysis. In 2019, Fox Chase Cancer Center was selected by ARCHES, an established patient education software company, to pilot its award-winning digital patient engagement system MyCareCompass. During the pilot, patients scheduled for port insertions were sent electronic messages inviting them to review various online educational materials related to their procedure and subsequent concerns. The invitations and resources were seamlessly integrated into the scheduling system and timed to arrive when patients would most need them. There was high usage of the port-related materials and patients reported a high level of satisfaction with the delivery system and the information. This automated process of delivering high-quality and relevant patient education was able to be implemented smoothly with IT involvement, had a positive impact on patients without adding any extra burden to the care team, and highlighted opportunities to integrate these types of interventions into routine care.

Domains of innovation intent: A key leadership responsibility

Scholars from multiple domains recognize that innovation is not always led by customers. However, while the theory of market driving behavior, and its sister theories in other disciplines have provoked great research and progress in understanding, most recent studies focus on contexts in which market driving behavior occurs without intentionality, or through a collective, or agents outside the incumbent company's context. This essay reflects on the ways that large established companies evolve to become intentional about driving markets. Based on a series of longitudinal, prospective studies of breakthrough innovation in large established companies, observations are offered regarding the practices that companies developed over time to commercialize breakthrough innovations that, by virtue of their new to the world performance features, have the potential to create new markets.

Managing digitization of industrial incumbents through innovation-oriented leadership

Industrial incumbents aim to foster their digitization by applying digital technologies in their innovation activities, either through process optimizations or via business model innovations. While firms agree on the importance of these digital innovation activities, they often struggle with implementing effective means to tackle it. We show the important role of innovation-oriented leadership in driving internal and external collaborations, which in turn prove essential to increase the digitization contribution to innovation activities. We surveyed top managers of established industrial companies to provide empirical evidence that innovation-oriented leadership does not have a direct influence on the digitization contribution to innovation activities, but is fully mediated by the impact of internal and external collaborations. Based on supplemental objective data, we show additionally that a high digitization contribution in business model innovation has a beneficial effect on firms' sales performance.

An empirical study of emerging digital culture and digital attitudes in an established company

Purpose: This study intends to uncover factors that can accelerate digital transformation in established companies. This study examines the relationship between generic culture, digital culture, digital literacy, attitudes to change and perceived performance in digital transformation.Design/methodology/approach: A cross-sectional survey was conducted using a questionnaire with 383 employees. The data were analyzed using Structural Equation Modeling (SEM).Findings: This study shows that digital culture, legacy culture, and digital literacy significantly influence employee attitudes towards digital transformation and perceived performance. Additionally, digital literacy mediates the relationship between digital culture and employee attitudes towards digital transformation. Furthermore, employee attitudes towards digital transformation significantly impact their perceived performance.Research limitations/implications: Generalizability may be necessary given the case study approach's small sample size. Hence, more research is required to collect more representative samples.Practical implications: This study contributes to literature by providing empirical evidence on the importance of digital culture, legacy culture, and digital literacy for successful attitudes towards digital transformation. The findings of this study can be used to develop strategies for organizations undergoing digital transformation. A well-defined business culture supporting digital transformation is critical. Organizations should encourage employees to adapt and become accustomed to an innovative environment to boost performance. Accelerating digital transformation can also be done by enhancing digital technology competence and refining employees' attitudes toward digital transformation in the internalization process.Originality/value: Most studies have neglected the dynamic role of corporate culture in accomplishing digital transformation in favour of focusing more on technology. This study thus intends to fill this gap by uncovering how corporate culture and the employees' readiness can drive digital transformation.

Comparison of Artificial Intelligence-Based Applications for Mandible Segmentation: From Established Platforms to In-House-Developed Software.

Medical image segmentation, whether semi-automatically or manually, is labor-intensive, subjective, and needs specialized personnel. The fully automated segmentation process recently gained importance due to its better design and understanding of CNNs. Considering this, we decided to develop our in-house segmentation software and compare it to the systems of established companies, an inexperienced user, and an expert as ground truth. The companies included in the study have a cloud-based option that performs accurately in clinical routine (dice similarity coefficient of 0.912 to 0.949) with an average segmentation time ranging from 3'54″ to 85'54″. Our in-house model achieved an accuracy of 94.24% compared to the best-performing software and had the shortest mean segmentation time of 2'03″. During the study, developing in-house segmentation software gave us a glimpse into the strenuous work that companies face when offering clinically relevant solutions. All the problems encountered were discussed with the companies and solved, so both parties benefited from this experience. In doing so, we demonstrated that fully automated segmentation needs further research and collaboration between academics and the private sector to achieve full acceptance in clinical routines.

Strategic leadership in liminal space: Framing exploration of digital opportunities at hierarchical interfaces

AbstractResearch SummaryWe investigate how strategic leaders of an incumbent firm frame exploration of digital opportunities at the interfaces of organizational hierarchy. Digital technologies create an unbounded array of opportunities that may pose challenges to the strategic coherence of corporate entrepreneurship activity. Our analysis reveals that top management teams (TMTs) adopt a paradoxical framing of exploration, thereby creating a liminal space with unstable boundaries between exploration activities aligned with core resources (i.e., convergent) and those perceived as divergent. We show that middle managers (MMs) skillfully navigate this space by combining framing with substantive and symbolic actions to blur the boundaries of exploration. Drawing on our findings, we theorize the role of framing at the interfaces between the TMT and MMs in setting boundaries for exploration.Managerial SummaryThe process of digital transformation can be overwhelming for established companies as managers encounter a myriad of new opportunities. Our study of a large telecommunications company found that both senior and MMs play important roles in guiding the development of new digital businesses. Senior managers encourage creative thinking and promote exploring multiple innovation opportunities. However, they also set boundaries to prevent innovation activities from becoming too risky by venturing into very distant domains. This contradictive requirement creates a “gray zone” for MMs to imaginatively use their skills to navigate restrictions without compromising exploration of new opportunities. This approach involves both top‐down and bottom‐up communication between senior and MMs that helps avoid short‐sightedness and overspending when it comes to innovating with digital technologies.

Hybrid Scrum-XP: A Proposed Model based on Effectiveness of Agile Model on Varieties of Software Companies in Bangladesh

The Agile Methodology is a term which refers to a method of software development that is incremental and iterative in nature and is used to manage and incorporate constantly changing needs. This entails decomposing the entire development process cycle into a series of tasks. The process is further divided into a number of sub-tasks, each function is independently. The Agile Development technique, which is a popular and growth-oriented strategy, provides not only speedy project delivery, but also software responsiveness, which leads to total corporate growth and agility. The organization's project management capabilities and performance are improved through the adoption of Agile practices. In their business, the companies employ Agile methods. As a result, the goal of this study is to see how effective agile approaches are in Bangladeshi software organizations. A survey of established software companies in Bangladesh is being conducted to accomplish the objective. The Scrum and XP agile technique is the most widely used according to the findings. It is proposed that Scrum and the XP model be combined to achieve maximum effectiveness and overcome their respective limits.

Is Digitalization Worth the Hassle? Two cases of Innovation Building Operation and Maintenance

The spectrum of innovation in the Architecture-Engineering-Construction-Operation (AECO) industry is called PropTech (abbreviation for Property-Technology). PropTech uses digital technologies to improve the products and processes of the construction and real estate industry over the whole building life cycle. However, PropTech applications are not extensively adopted yet, as many established companies are still doubtful about the added value of a digital transition, which encompasses significant investments. This reluctancy might be due to a lack of evidence about the benefits of technology adoption. Therefore, the present study aims to outline the advantages of adopting digital technology in building management by analysing two case studies that can be considered good practices of an effective investment made possible by PropTech. Netix Controls developed a centralized system based on Machine Learning (ML), to collect and integrate data from different manufacturer chillers, fire alarms, and lighting systems, and applied it to two separate networks of 77 and 14 buildings, respectively, which correspond to the two cases under analysis in this paper. Through desktop data and interviews the study analyses economic costs, environmental impact, and users’ well-being of the two cases and compares them ideally to a fictional case, which does not include ML but only traditional Facility Management (FM) procedures. In conclusion, the advantages of embracing innovation in FM through digital technologies are outlined. In particular, the potential will be discussed of predictive maintenance, and the prospective implications of real-time building management expanded at district and city scale.

Business in a Post-COVID World: The Move to Stakeholder Capitalism

The last 15 years have seen a remarkable set of changes in the global business environment. Established companies and start-ups alike have been subjected to some fundamental shifts in the very way that we conceptualize business. Together with some generational challenges we have seen myriad calls for a new narrative about business. And, even more recently, the COVID pandemic has reinforced a number of these shifts and led to even more fundamental change. The purpose of this essay is to outline these challenges to the dominant narrative about business and to suggest that it is no longer a useful way to think about value creation and trade (business).

End of a near-monopoly on DNA sequencing

DNA sequencing costs have steadily decreased during the last decade, but the dominant technology (short-read sequencing, Illumina) has seen comparatively little competition after an initial flurry. This phase is now over, with serious competition involving both established and new companies as well as the growing importance of long-read sequencing. The hundred-dollar genome is in sight, and this will have a major impact on many fields of biology.

A gender-comparative study of informal entrepreneurship: the moderating role of location decision

PropósitoLas motivaciones y el acceso a recursos para emprender son diferentes entre hombres y mujeres. En países en desarrollo, se han incrementado los negocios que no disponen de un local específico y persisten en la informalidad. El objetivo de esta investigación fue evaluar, desde una perspectiva de género, el efecto moderador de la decisión de no disponer de un lugar específico en la relación existente entre el capital humano (educación, experiencia y tipo de emprendimiento) y la informalidad empresarial.Diseño/metodología/enfoqueSe utilizó la Encuesta Nacional de Hogares 2014–2018, donde se obtuvo una muestra de 50.316 microempresas peruanas −23.314 lideradas por mujeres y 27.002 lideradas por hombres— con más de tres años de operación. Los datos fueron analizados con la técnica de regresión logística.HallazgosLos resultados mostraron un efecto moderador de los negocios sin local específico sobre la relación entre la educación y la informalidad en el caso de las mujeres. Y, para los hombres, el efecto moderador recayó sobre la educación, experiencia y el tipo de emprendimiento que influye sobre la formalidad de sus negocios.Originalidad/valorSe analiza la problemática de la informalidad en las empresas establecidas con más de 42 meses de operación. Se explora el efecto moderador en la decisión de no tener un local específico en la relación entre capital humano e informalidad. Este estudio amplía los estudios de informalidad empresarial en países en desarrollo de América Latina, incorporando una perspectiva de género.

Capabilities for data-driven innovation in B2B industrial companies

Industrial companies are increasingly interested in innovating through data to develop solutions for customers' current and future needs. This study examines organizational capabilities for data-driven innovation (DDI) in the context of established industrial companies. Building on the prior innovation literature, resource-based view, and dynamic capabilities view, we conduct a qualitative study of technological and marketing capabilities in relation to DDI. Based on interview data from six multinational B2B companies, we find that even though technological capabilities are vital to DDI, five of the six examined companies struggle more with marketing capabilities in developing DDI. The research findings underline the central role of customer understanding and involvement in DDI, as well as the significance of the ability to articulate the DDI value proposition in a form that potential customers can grasp. The study contributes to our understanding of DDI as a phenomenon in the context of established manufacturing companies, and identifies key challenges for intangible data-driven innovations in this context.

STARTUP SUCCESS RATE PREDICTION

We’re using the 50-startups dataset for this problem statement and we will be using the concept of Multiple linear regression to predict the profit of startups companies. How do startups work? Well, we can say that startups pipeline operates on the same principles which are similar to other MNCs the major difference between both of them is that on the one hand startups work to make products that are beneficial for the customers on a small scale while other established companies do that work on a large scale by re-doing something which is already being done.

Role of HR in Driving CSR: An In-depth Study of (Comparison Between) Tata Steel and ITC

The purpose of this study is to find out the role of human resource management (HRM) in driving socially responsible and sustainable initiatives in organisations. The annual reports of two major Indian companies, Tata Steel and ITC were studied with specific focus on their HR policies and practices, business responsibility and sustainability activities and analysed by the authors. The findings show the role that HRM plays in implementing following SDG goals. The paper is an interdisciplinary study viewing the role of HRM in CSR and sustainability and extends and broadens the area of research by an in-depth study of two established companies in India.

Shifting consumers’ mindset towards the growth of sustainable fashion practices in India

The concept of sustainability is becoming increasingly important to Indian customers. Millennials are recognized to be the most active, intelligent and sensitive buyers and consumers. This article focuses on millennials, because India has the world’s largest millennial population. Millennials are known for their high spending power and desire for eco-friendly workplaces and products. Indian millennials are more concerned about their buying behaviours’ environmental effects than their social and economic effects. The transformation of consumer behaviour towards more environmentally responsible consumption is a challenge for many countries, including India. It is not enough to have socially responsible firms that make environmentally friendly goods or to create standards for regulatory compliance; one must also meet customers’ growing need for ecologically responsible fashion. As time passed, consumers have become more enlightened about the products they purchase and how they are made. Consumers now want to make socially responsible purchases that boost their wardrobes. Large global fashion companies are increasingly prioritizing an ethical and transparent fashion industry that honours clients and the local ecosystem. Slow designer brands develop sustainable and ethical clothing by providing safe work environments to labourers, partnering with handloom industries and talented artisans to create handmade goods, employing green products or recyclable materials and upcycling post-production and post-consumer waste. The growing movement towards fashion that is both environmentally and socially responsible can be seen clearly in India. New and established fashion companies are transforming daily to meet the growing demand for environmentally friendly clothes by embracing new innovative approaches, new designer brands and new supply chain systems. This research’s main goal is to understand the shifts that sustainable fashion recommends, which are also necessary for ethical production and consumption. The goal is to uncover clients’ psychological buying habits and persuade them to shift their decision to buy sustainable clothes.

WILLINGNESS TO EMBED SOCIAL SUSTAINABILITY: A CASE OF GEN Y AND GEN Z ENTREPRENEURS IN INDONESIA

This research aimed to explore the motivators and willingness of Gen Y and Gen Z entrepreneurs in Indonesia to embed social sustainability in their businesses. This research employed a quantitative method via an online survey questionnaire, which was conducted based on a convenience sample of Gen Y and Gen Z alumni and students from several universities in Indonesia. The data were processed using SEM-SmartPLS3.0. The research finding showed that instrumental and normative motivators affected the willingness to embed social sustainability, while relational motivators had no effect. Previously, social sustainability research involved established industries and companies. However, this research focused on upcoming Gen Y and Gen Z entrepreneurs. The recommendations provided by this research for developing a sustainable business strategy framework in terms of social dimension for Gen Y and Gen Z entrepreneurs, among others, include strengthening the indicators of normative and instrumental motivators, and the willingness to embed social sustainability.

An Affordable Acoustic Measurement Campaign for Early Prototyping Applied to Electric Ducted Fan Units

New innovative green concepts in electrified vertical take-off and landing vehicles are currently emerging as a revolution in urban mobility going into the third dimension (vertically). The high population density of cities makes the market share highly attractive while posing an extraordinary challenge in terms of community acceptance due to the increasing and possibly noisier commuter traffic. In addition to passenger transport, package deliveries to customers by drones may enter the market. The new challenges associated with this increasing transportation need in urban, rural, and populated areas pose challenges for established companies and startups to deliver low-noise emission products. The article’s objective is to revisit the benefits and drawbacks of an affordable acoustic measurement campaign focused on early prototyping. In the very early phase of product development, available resources are often considerably limited. With this in mind, this article discusses the sound power results using the enveloping surface method in a typically available low-reflection room with a reflecting floor according to DIN EN ISO 3744:2011-02. The method is applied to a subsonic electric ducted fan (EDF) unit of a 1:2 scaled electrified vertical take-off and landing vehicle. The results show that considerable information at low costs can be gained for the early prototyping stage, despite this easy-to-use, easy-to-realize, and non-fine-tuned measurement setup. Furthermore, the limitations and improvements to a possible experimental setup are presented to discuss a potentially more ideal measurement environment. Measurements at discrete operating points and transient measurements across the total operating range were conducted to provide complete information on the EDF’s acoustic behavior. The rotor-self noise and the rotor–stator interaction were identified as primary tonal sound sources, along with the highest broadband noise sources located on the rotor. Based on engineering experience, a first acoustic improvement treatment was also quantified with a sound power level reduction of 4 dB(A). In conclusion, the presented method is a beneficial first measurement campaign to quantify the acoustic properties of an electric ducted fan unit under minimal resources in a reasonable time of several weeks when starting from scratch.

Paradoxes of implementing digital manufacturing systems: A longitudinal study of digital innovation projects for disruptive change

AbstractDigital manufacturing technologies offer many opportunities for established companies to innovate. They promote data‐driven gains in operational efficiency and enable the transformation of current business models or the creation of entirely new differentiation opportunities. However, many digital innovation projects in manufacturing fall short of their initial ambitions and result in incremental improvements to an existing manufacturing system, if at all. To understand the reasons for the discrepancy between initial ambitions and achieved outcomes, we conduct a longitudinal qualitative study based on a collaborative research project with eight companies and additional expert interviews. Applying a paradox lens, we identify three tensional knots that reveal interrelated, multiple tensions of digital innovation management projects in established manufacturing firms: (1) amalgamating physical and digital assets, (2) innovating in an existing modus operandi, and (3) integrating internal and external stakeholders. These tensions result in the simultaneous occurrence of dynamic and conflicting forces that turn digital innovation projects in manufacturing away from their high initial ambitions. Our findings explain why digitizing the manufacturing system is a non‐trivial endeavor for established firms, which need to balance the complexities inherent in digitization efforts and manage conflicting goals. For managers, the findings provide ways to manage the interrelated tensions in their digital innovation efforts, enabling them to better capitalize on disruptive innovation ambitions.

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The Effect of Dynamic Capability On New Established Company’s Performance: Mediating Role of Entrepreneurial Creativity

A firm performance resulting from dynamic capability empowerment maintains the survival of newly established companies and established companies amid intense competition and environmental changes. This study aimed to examine the effect of dynamic capability empowerment in newly established companies on a firm performance mediated by entrepreneurial creativity. Online survey data were collected from 143 newly established shipping agency companies in 22 Indonesian provinces as member of Indonesia shipping agency association. The data were analyzed using WarpPLS 7.0, and analysis unit was organization represented by managing director. The results showed that dynamic capability empowerment in newly established companies that emphasize learning capability affect a firm performance with a low significance. Furthermore, dynamic capability empowerment inicreases the firm performance when mediated by entrepreneurial creativity. This results indicate that newly established companies will achieve higher performance by empowering their dynamic capabilities that emphasize learning capability if it is followed an entrepreneurial creativity breakthrough. The increased performance helps the firm respon to tough competition and unpredictable dynamic environmental changes. The theoretical implication of this study is enriched empirical evidence in examining the relationship between dynamic capability and firm performance. The practical implication of this study is that when a newly established company that limited resources and limited access external resources improves its performance by empowering dynamic capability if it is followed an entrepreneurial creativity breakthrough. This study contributed a new empirical finding to the theory of dynamic capability in newly established companies as the previous studies with this focus are hard to find.