Innovative Companies Research Articles

Packaging innovation scorecard

AbstractInnovation literature shows that the characteristics of a company's innovation processes determine their performance in different areas. In this study, we adopt a general conceptual model from innovation theory and apply it to packaging innovation. This helps identify and describe subprocesses in packaging innovation and how to measure their performance. It also links the packaging innovation process to the cost and climate performance of packaging. Based on the modified model for packaging innovation, the purpose of this paper is to develop and apply a scorecard for assessing the packaging innovation process.The first step in the methodology was the conceptual development of a model describing the packaging innovation process and a scorecard for assessing this process. The second step was to demonstrate and validate the scorecard in a case study covering packaging innovation at a major retail company. Data were captured from six semi‐structured interviews and two workshops, as well as observations and site visits.The conceptual model defines packaging innovation using seven interrelated subprocesses and their impacts on cost and climate performance. The scorecard that was developed in the research study describes how to measure the subprocesses and their output. The quality of each of the seven processes is measured on two to four dimensions. Each dimension can reach a score of one to four, where each score is clearly defined.The case study showed that the scorecard seems to be an effective way of measuring the complex packaging innovation process and identifying concrete ways to improve packaging innovation. The case study validated the scorecard and demonstrated how it can be applied. The application also showed how the case company performs in packaging innovation compared to best practice in each subprocess. The validation showed that the scorecard is sufficiently functional and useful, although it requires input from multiple sources. The usability could only be partly assessed—it showed promising value as a basis for formulating action plans—but future studies should validate the scorecard's long‐term usefulness in creating action plans and assess their impact.The theoretically‐based scorecard is novel in terms of assessing packaging innovation and its impact on packaging performance in supply chains. It links the packaging innovation process to performance and helps companies identify improvement possibilities. The paper shows how the scorecard helps address packaging issues strategically by measuring the activities conducted in the packaging innovation process. One limitation of the study is that the long‐term usefulness of the scorecard could not be validated, as the validation would take longer than the time available for this study.

Do R&D activities foster globalization of young innovative companies? Empirical evidence from the Italian energy industry

Although executives and scholars interested in “globalization” and “R&D activities” mainly focus their attention on corporations, the relevance that young innovative companies – YICs are assuming is compelling them to redefine their focus. With reference to YICs, some scholars investigate the influence of globalization on R&D activities, while others inquire the impact of R&D activities on their globalization. This paper shares the second approach and sets out to investigate whether and to what extent R&D activities managed by YICs affect their globalization. By enacting Law n. 221/2012, the Italian Government has posed particular attention on YICs. Accordingly, primary and second-hand data concerning 2070 Italian YICs with high technological value in the energy industry – YICsei and 12,278 Italian YICs (operating in other industries) are used to carry out stochastic frontier analyses – SFAs. These allow testing whether R&D activities (measured through investments, personnel, and outputs) foster the globalization of these firms. SFAs reveal that none of the three factors affects the globalization of Italian YICsei; instead, R&D personnel and R&D outputs foster the globalization of Italian YICs. Achieved results open new research avenues about the impact of R&D activities on the globalization of YICs.

China’s Digital Economy and Enterprise Labor Demand: The Mediating Effects of Green Technology Innovation

In the context of the new revolution of science and technology, the digital economy not only exerts a significant and profound impact on the scale of enterprise labor demand, but also increasingly becomes a new engine driving green technology innovation in companies. In this paper, we use the micropanel data of Chinese A-share-listed companies from 2011 to 2020 to assess the impact of the digital economy on the scale of enterprise labor demand and the role played by green technology innovation within it. The study finds that: (1) the digital economy significantly expands the labor demand of enterprises, with a more pronounced expansion effect observed at the lower and higher quantiles of the labor demand scale. (2) Green technology innovation can exert a significant intermediary effect between the digital economy and the scale of enterprise labor demand. (3) There is significant heterogeneity in the impact of the digital economy on the labor demand of enterprises and the mediating effect of green technology innovation. the expansion effect of the digital economy on the scale of labor demand is more pronounced in enterprises located in the western region and characterized by rapid industry technological changes in small-to-medium-sized companies, while the mediating effect of green technology innovation is more pronounced in enterprises located in the eastern region, characterized by slow industry technological changes in large-sized companies. (4) Among the segmented indicators of the digital economy, cloud computing technology, big data technology, and digital technology applications significantly expand the scale of enterprise labor demand. The empirical results of this paper have important theoretical and policy implications for understanding the role of the digital economy in promoting labor force employment and achieving green sustainable development.

Entrepreneurial Innovation and Quality of Service in the Sports Betting Sector, Bagua - Peru

Purpose: The objective was to determine the relationship between business innovation and service quality in companies in the sports betting sector.
 
 Theoretical framework: Existing theory provided a great deal of knowledge on business innovation and service quality, but there is very little information on these variables together and with the dimensions that have been studied, which is why this research is very important because it contributes new knowledge to scientific research.
 
 Design/methodology/approach: A mixed, non-experimental, grounded theory, basic, descriptive-correlational approach was considered, applying the interview to 06 managers and the questionnaire to 50 customers of the companies in the sports betting sector.
 
 Results: The findings revealed that there is a connection between the variables, but with some dimensions it was necessary to accept the Ho.
 
 Research, practical and social implications: To remain competitive in the face of increasing market demand, companies must take advantage of all opportunities.
 
 Originality/value: Concluding that companies urgently need to have a competitive trend that allows them to increase the demand for the services they are offering, but for this, it is necessary to implement strategic management systems with emphasis on service, costs, technology, and the provision of services, since this allows in the long term to position the firm in the market.

Unsustainable competitive advantage: a case of Exalta

Learning outcomes The case deals with the issue of gaining a sustainable competitive advantage (SCA) in the solar energy market. After completing the case, the student will be able to– develop and apply conventional models of competitive advantage and core competency;– comprehend each step of the business process from a core competency viewpoint;– consider the value of sustainability solutions from a strategic standpoint; and– offer practical templates for creating and implementing a strategy. Case overview/synopsis This case depicts the challenges faced by Exalta in gaining a SCA because of the imitation of its products by competitors. Exalta, formed in 2008, was among the well-known innovative companies in the solar energy industry in India. In the first 12 years, the company focused primarily on unmet customer demand and developed innovative solar products to address those demands. Overall, over 300 products were launched in the initial years to address the new emerging customer demands. Solar AC, bikes and ventilators were among the popular ones. However, all of its product technology was copied by competitors. In 2021, troubled Exalta was incubated at IIT-Kanpur primarily for a single product, “Magic Inverter,” with substantial funding and IP protection. Despite attempts, Exalta could not capture a recognized market share. In this case, the company’s founder and CEO, Ashutosh Verma, is contemplating two options to gain an SCA: hold the existing and new products or fold the old ones and continue with one or two flagship products, i.e. Magic Inverter and Solar AC. Complexity academic level Graduate, postgraduate level and executive-level courses. Supplementary materials Teaching notes are available for educators only. Please contact your library to gain login details or email support@emeraldinsight.com to request teaching notes. Subject code CSS 11: Strategy. Peer review The peer review history for this article is available at: https://publons.com/publon/10.1108/EEMCS-12-2022-0526/

Does Innovation Create Employment Indirectly through the Improvement Generated in the Company’s Economic and Financial Results?

Innovation has traditionally been related to unemployment because people are replaced by machines. By analyzing the different approaches in the literature, we focused on the relationship between innovation and employment with the aim of exploring whether the most innovative companies create more employment, or hope to create it, taking into account the company performance. For this purpose, we performed multivariate analysis, using the partials least squares (PLS) technique, to study the direct and indirect relationship between business innovation and employment through the economic and financial performance of the company, focusing on Spanish companies in the year 2022. The results obtained show that innovation has a positive effect on employment and on the performance of the company, and thus on the creation of employment. In conclusion, the administration should encourage business innovation to improve employment rates and company performance.

Innovation and Organizational Culture in South American Companies in the Last Decade

Purpose: The current analysis aimed to review the state-of-the-art about innovation and organizational culture in enterprises placed or working in South America. Theoretical Framework: Innovation and organizational culture are critical concepts in management studies nowadays. In South America, in recent years, companies have had the trend to disrupt static and hierarchized organizations by allowing employees to participate actively in the organization's objectives. Moreover, flexible companies do not mean that hierarchies do not exist. Instead, it means that companies are eager to listen and accept the different points of view of the employees. Moreover, innovative companies seem to adapt rapidly to both beneficial and adverse environments. However, some firms resist changes and get revenues, but the evidence suggests that they put their sustainability in the long term. Design/Methodology/Approach: In consequence, the methodological approach was the employment of the PRISM method to depurate the initial bibliographic resources from EBSCO and RENATI. EBSCO was used to analyze papers, and RENATI to review theses. Initially, there were 78 articles and 271 theses to be examined. After the PRISM depuration, it was analyzed 35 papers and theses from the period lasting from 2012 to 2021. Findings: The results showed that flexible companies were more adaptative than rigid ones. Moreover, the literature suggested that flexible companies have more chances to be sustainable in the long term than other firms. Therefore, it is possible to state that innovation policies had a higher impact in flexible organizations than in rigid ones. Originality/Value: The value of the study relies on the systematic review of the current literature of innovation and organizational culture in South America which is the nearest international environment for Peruvian companies.

Identification of Marine Biotechnology Value Chains with High Potential in the Northern Mediterranean Region.

Marine (blue) biotechnology is an emerging field enabling the valorization of new products and processes with massive potential for innovation and economic growth. In the Mediterranean region, this innovation potential is not exploited as well as in other European regions due to a lack of a clear identification of the different value chains and the high fragmentation of business innovation initiatives. As a result, several opportunities to create an innovative society are being missed. To address this problem, eight Northern Mediterranean countries (Croatia, France, Greece, Italy, Montenegro, Portugal, Slovenia and Spain) established five national blue biotechnology hubs to identify and address the bottlenecks that prevent the development of marine biotechnology in the region. Following a three-step approach (1. Analysis: setting the scene; 2. Transfer: identification of promising value chains; 3. Capitalization: community creation), we identified the three value chains that are most promising for the Northern Mediterranean region: algae production for added-value compounds, integrated multi-trophic aquaculture (IMTA) and valorization aquaculture/fisheries/processing by-products, unavoidable/unwanted catches and discards. The potential for the development and the technical and non-technical skills that are necessary to advance in this exciting field were identified through several stakeholder events which provided valuable insight and feedback that should be addressed for marine biotechnology in the Northern Mediterranean region to reach its full potential.

Investigation on how carbon markets and digital transformation affect green innovation: evidence from Chinese listed companies

Carbon markets and the digital economy are gaining popularity continuously. Under this context, corporate green innovation should be urgently guided, which is an important subject to be studied and solved with great urgency to achieve harmonious ecological and economic growth. In this study, the data of 836 Chinese A-share listed companies from 2007 to 2020 are selected, carbon market and digital transformation are integrated into a unified analysis framework, and the green innovation effect and mechanism of the two and their interaction terms are investigated, not showing consistency with the previous studies about the effect of carbon market or digital transformation on green innovation. The present study suggests that (i) both carbon market policy and digitalization level serve as vital factors in boosting green innovation among high-carbon companies, whereas the synthetic effect of carbon market policy and digital transformation inhibits corporate green innovation behavior. (ii) The influences exerted by carbon market policy, digital transformation, and the synthetic effect on green innovation are dependent on property rights, size, and industry of high-carbon companies. (iii) As revealed by the analysis of mediating effects, financing constraints are the main mechanism of action that leads to a negative correlation between the synthetic effect of the carbon market and digital transformation and green innovation. Besides, R&D investment and environmental information disclosure only affect the action mechanism about digital transformation and carbon market policy, whereas they do not affect the synthetic effect of carbon market and digital transformation. Therefore, to promote green innovation and green transformation of high carbon companies, the government needs to flexibly use market-based environmental regulation tools (e.g., carbon market), strengthen the influence exerted by digital technology in improving innovation quality, and flexibly formulate relevant policies in accordance with the heterogeneity of different objects.

Evaluating the impact of organizational learning on organizational performance through organizational innovation as a mediating variable: evidence from Iranian construction companies

Construction companies are bedevilled with several profound challenges that hamper the efficient performance and operation of the organizations. Extant studies have reported on organizational learning as an effective strategy for improving organizational performance. However, there is a dearth of studies in the construction industry context, especially from the perspective of developing countries where construction companies are on the disadvantaged side of the digital and economic divide. Thus, this paper aims to investigate the impact of organizational learning on organizational performance through the mediating variable of organizational innovation in construction companies based in Iran. Data was collected via a mixed approach, which involved an empirical questionnaire survey and a Delphi survey. Descriptive and inferential statistics were employed for data analysis, and a PDCA (Plan-Do-Check-Act) model was proposed for execution. The study revealed that organizational learning has an impact on organizational performance, organizational innovation affects organizational performance, and organizational learning directly affects organizational performance in the study context. It presents an empirical model to demonstrate that the right innovations and their appropriate applications can improve the organizational performance and operational efficiency of organizations, which would be of profound benefit to various key stakeholders engaged in the construction industry.

Intelligent management of an innovative oil and gas producing company under conditions of the modern system crisis

Intelligent management of an innovative oil and gas producing company under conditions of the modern system crisis

Learning Organization on Technological Company in Beijing, China: Perspective of ABC Company Employees

Background and Aim: Learning organizations incorporate knowledge to improve workforce behavior and address societal, competitive, and economic challenges, adapting management styles and innovations to maintain competitive advantages. This research aims to investigate the level of the opinion of employees on the learning organization of ABC Company in Beijing, China, and to study the guidelines to improve the learning organization of ABC Company in Beijing, China. Materials and Methods: This research is a quantitative research method. The ABC Company is a technological company which was located in the company in Beijing, China. The number 323 employees of CCIC Company are identified as the sample size for this study. The questionnaire was used as the research tool. The statistical parameters, such as the mean and standard deviation, were utilized to analyze the data and determine the presented information. Results: Beijing employees highly value ABC Company's learning organization, promoting self-determination, innovation, cooperation, and risk-taking. Key factors include team learning, open-minded thinking, commitment, system thinking, and vision sharing. Continuous learning is crucial for organizational success. Conclusion: Beijing employees value ABC Company's learning organization, promoting self-determination, innovation, cooperation, and risk-taking for organizational success. A learning organization should develop employees with a common vision, foster creativity, and collaborate, ensuring knowledge exchange and self-tests. Innovation capability is essential in using new technologies, supporting personnel, and promoting business exchange.

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.

Impact of big data technological and personal capabilities on sustainable performance on Jordanian manufacturing companies: the mediating role of innovation

PurposeThe purpose of this paper is to develop a theoretical model that explains the impact of big data analytics capabilities (BDAC) on company's supply chain innovation capabilities and sustainable supply chain performance. BDAC is represented through two dimensions of big data technological capabilities (BDTC) and big data personal capabilities (BDPC). Moreover, the relationships between BDTC and BDPC with sustainable supply chain performance through the mediation effect of supply chain innovation capabilities are examined.Design/methodology/approachThe study used a quantitative research approach. A survey of 400 Jordanian manufacturing companies was carried out to conduct this research. However, the responses of 207 managers were valid to be used in the analysis. In this study, the SmartPLS software was used to perform structural equation modeling using a partial least squares approach (PLS-SEM) and to examine the measurement and structural model's validity and reliability.FindingsAccording to the results of this study, BDPC has a significant positive impact on supply chain innovation capabilities. Furthermore, the findings indicate that supply chain innovation capabilities are the most influential predictor of sustainable supply chain performance and act as a positive significant mediator in the relationship between BDPC and firm sustainable performance. Surprisingly, the study found that BDTC had no significant effect on supply chain innovation capabilities. Besides that, no significant relationship exists between BDTC and firm sustainable performance via the mediation effect of supply chain innovation capabilities.Originality/valueThis study provides an integrated research model that incorporates BDAC, supply chain innovation capabilities, and sustainable supply chain performance in order to analyze supply chain innovation and sustainable supply chain performance. This suggests that the scope of the study is broader in terms of predicting sustainable supply chain performance. As a result, the study intends to fill a gap in the literature by explaining how BDAC affects supply chain innovation capabilities and firms sustainable performance. In addition, the role of supply chain innovation capabilities as a mediator between BDAC and sustainable supply chain performance is investigated.

The influence of organizational culture and management on innovativeness in the business of organizations

Innovations have influenced organizations to change and adapt ways of working, functioning, and the entire concept of business thinking, which turns in the direction of finding innovative solutions and performing tasks. Innovation in the organization's business requires adaptation of the organizational culture and way of managing the organization. One of the key factors in encouraging a company's innovativeness is the organizational culture, which can have a significant impact on the adoption of innovation as a company value. Management, as an integral part of the organizational culture in each company, defines the way of managing innovations and processes, which, if properly defined and managed, can have a significant impact on the organization's business. This paper tries to find an answer to the question of whether and to what extent the organizational culture and management of the organization influence its business. The research aims to examine the relationship between the organizational culture and management of the organization on the one hand, and its innovation in business on the other. For this purpose, the collected literature was analyzed, and based on that, the relationship between organizational culture, management, and innovation was defined, as well as their influence on implementing innovative solutions and ways of doing business in organizations. The research results can be further used as guidelines for more extensive research.

Development Opportunities for the Hungarian Agricultural Startup Ecosystem

Nowadays, the role of agriculture and the food industry is gradually gaining importance, although it will face many challenges in the future. Digitalisation and newly founded innovative companies can provide solutions to these challenges. The recently established agtech startups could significantly transform the sector. The Hungarian agtech startup ecosystem is a relatively underdeveloped community, but its impact is already notable. The research analyses the characteristics of the Hungarian agriculture technology startup ecosystem and identifies the directions for its future development. Within a qualitative research framework, in-depth interviews were conducted with nine Hungary-based agri-startups, as well as the Hungarian National Chamber of Agriculture TechLab staff members, based on semi-structured questions, between 20 March and 20 April 2021. The results show that there is a good financial environment for Hungarian agtech startups to achieve high performance levels. However, there exist some barriers to success, such as the lack of a culture of failure and relaunch, the low prestige of the agricultural sector, and limited sales capabilities. So far, few Hungarian agtech companies have been able to achieve significant results at the international level. With the advanced digitalisation, the sector is becoming increasingly attractive to young people. The ecosystem’s experience of developing talent management and increased internationalisation over the years can help overcome the limits of the industry. If the startup sector manages to achieve international recognition in the coming years, Hungarian agricultural startups may have a promising future.

АУДИТ ОРГАНІЗАЦІЇ ІННОВАЦІЙНИХ ФОРМ ГОСПОДАРЮВАННЯ

The main aspects that underline the relevance of the research are that a key factor in the development of the economy and the competitiveness of enterprises is the need for effective management of innovations. Organizations are constantly looking for new ways to improve their products, processes and services to respond to changing market demands and the challenges of technological progress. The innovation process requires a systematic approach and effective management. The audit of the organization of innovative forms of business allows to assess the availability of the necessary resources, personnel, financial means, processes and strategies that contribute to the successful implementation and commercialization of innovations. The purpose of the research is to conduct a comprehensive study and analysis of the process of organizing innovative forms of management at enterprises with the aim of determining efficiency, identifying problematic aspects and developing recommendations for their improvement. Research methods: logical and meaningful method, methods of comparison, systematization, induction and deduction, analysis and synthesis, coefficient method. The main hypothesis of the study was the assumption about the possibility of conducting an audit of the organization of production forms through the development of recommendations for improving the organizational and financial aspects of innovative forms of management at enterprises in order to increase their efficiency and competitiveness. Presenting main material. The article examines the formation and development of the market of business incubators in Kyrgyzstan. The types of services provided by business incubators were considered in detail, the structure of business incubators was characterized taking into account their types and types, the main industry markets in which they grow small innovative companies were described. An audit of articles on the dynamics of industry specialization of residents in business incubators and the main mechanism for placing residents in business incubators was conducted. Originality and practical significance. The audit of innovative forms of management allows identifying the strengths and weaknesses of the organization in the field of innovation. It helps to develop a strategy to increase competitiveness, identify opportunities for improvement and avoid possible threats. Risks and their management. Implementation of innovations is associated with certain risks, such as financial, technological, organizational and change risks. An audit of innovative forms of business can help identify and assess risks related to the innovation process and develop strategies for their management. Conclusions and prospects for further research. The article, which is devoted to the audit of the organization of innovative forms of management, provides useful recommendations, methods and practical tools for conducting an audit of innovative activities at enterprises. This will contribute to the further development of scientific research in this area and increase the level of professionalism in the audit field

La contribution du système de contrôle de gestion à l’évaluation du capital immatériel des entreprises innovantes : Modèle conceptuel théorique

With the rise of digitalization and artificial intelligence, intangible capital is recognized, through its components, as a primary source of performance within companies. Alongside the recognition of its importance in determining a company's value, we are witnessing the growing role of management control systems in the context of intangible capital (Novas et al., 2017). As a result, an effective and innovative corporate management control system facilitates the valuation of intangible capital and enhances its contributions (Mouritsen & Roslender, 2009; Tayles et al., 2007). It also effectively supports a company's knowledge capacity (Lee & Widener, 2016) and its quest for competitive advantage (Simons, 1995). The aim of this article is to present a theoretical conceptual model of the contribution of the management control system to the evaluation of intangible capital and its components in innovative companies (Start-ups). We have chosen innovative companies as our field of study because of the immateriality that characterizes this type of company and the close relationship between their values and their ability to assess their intangible capital. Accordingly, we have drawn on resource theory (Barney, 1991), dynamic capability theory (Teece et al., 2008) and the strategic approach to intangible capital management (Arrègle, 2006) as theoretical foundations for the literature. Our study presents a theoretical conceptual model that shows the role of the management control system in the evaluation of intangible capital and its components.

Innovation and innovative enterprises comparative study: Romania and the Republic of Moldova

Innovation is a determining factor of economic growth, it manifests itself in product, process, and business-wide innovation. In this study we aimed to analyze innovative companies from the Republic of Moldova and Romania, to observe their evolution over time, to analyze comparatively in which fields and areas of activity are innovative, significant results, at the same time to research the size and potential of innovative companies. Innovations are based on the results of technological developments, new combinations of existing technologies or the use of other knowledge required by the enterprise. Therefore, we will analyze the types of innovations and the evolution of innovative enterprses for a certain period.

The Impact of Social Entrepreneurship on Reducing Economic Inequality, Community Self-reliance, and Business Innovation in Urban Areas: A Case Study in Jakarta, Indonesia

With an emphasis on Jakarta, Indonesia, this study examines the relationship between company innovation, community self-reliance, and economic gap reduction and social entrepreneurship success in metropolitan settings. Using a quantitative methodology, 170 participants in the sample shared details about their entrepreneurial endeavors. The measurement model was validated by confirmatory factor analysis, which also confirmed the validity and reliability of the chosen constructs. Significant positive correlations between closing the economic gap, fostering community self-reliance, corporate innovation, and the effectiveness of social entrepreneurship were found using structural equation modeling. The findings were shown to be robust, and the distinctiveness of the constructs was confirmed using discriminant validity analysis and bootstrapping approaches. The model's strong explanatory ability was demonstrated by the R-Square values. The practical implications of the study's findings for policymakers, entrepreneurs, and communities in Jakarta pertain to creating an environment that is favorable for social entrepreneurship.