Business Innovation Management Research Articles

IMPROVING BUSINESS INNOVATION MANAGEMENT THROUGH ARTIFICIAL INTELLIGENCE

The research aims to determine the prospects for improving innovation management in business using artificial intelligence (AI). To achieve the research goal, the author examined the international experience of 33 countries as of the end of 2023, relevant at the beginning of 2024, with reference to IMD statistics. As a result, the author developed an econometric model of innovation management in business using AI and alternative digital technologies. The model has shown that instead of risks, implementing AI generates advantages for innovation management in business. The main conclusion is that the application of AI is preferable for innovation management compared to alternative digital technologies because it makes it possible to significantly increase the results and reduce the costs of such management. Therefore, the authors proposed a new approach to innovation management in business, which achieves a high level of management automation based on AI for the first time. The theoretical significance of the obtained results and the author’s conclusions is explained by the fact that they revealed the cause-and-effect relationships of using AI in innovation management in business. The managerial significance of this research lies in the fact that the application of the new approach will increase the efficiency of innovation management in business.

A Business Model for Counterterrorism Innovation: Shaping Innovation Strategies in Defense Systems and Diagnosing Innovation Strategies in Terror Actors

In the phenomenon of war, be it a war between armies, a war waged by terror groups, or a war on terror, each side strives for “supremacy” over its adversaries with the aim of demoralizing their rivals into quitting the fight or giving up their resistance. For these aims to materialize, each side must devise a relevant strategy and then implement a plan of action from that strategy. In the competitive world of business, this activity is called a “business model”. The war on terror is still a strategic challenge to which effective and efficient solutions have yet to be found. Once militaries, defense organizations and counterterror organizations understand the terror groups’ “business model”, they can take their first step toward devising an effective and efficient counterstrategy. This counterstrategy is meant to foil terror groups’ hostile action plans, reduce their freedom of operation and ultimately neutralize them and cause them to collapse. Despite the many differences between terror organizations operating globally in the present and those that were active in the past, this study questions whether there are any similarities to be found in the traits of their operations, using a business model framework. Moreover, it questions if such a business model could be used to understand innovation processes in terror organizations. This article proposes a novice “business innovation model” framework, based on assembling well-known business models from the world of competitive business innovation management, which will lead to the discovery of terror groups’ innovation and renewal strategies.

Brazilians technology transfer offices: processes’ performance and effectiveness

Considering relations between universities and the productive sector, the Technology Transfer Offices (TTOs) fundamentally foster innovation. In the technology process, transfer TT) since they are responsible for studies of prospecting and competitive intelligence and their protection in intellectual property (IP). The present study aims to identify the effectiveness of TT processes as a measure of the performance of Brazilians Science and Technology Institutions (STIs) TTOs considering their technology, innovation promotion policies and intellectual property protection. It regards qualitative, exploratory-descriptive research with a multiple-study method. The data was collected through documentary research and semi-structured interviews with three groups of actors already participating in TT processes: researchers, TTO managers, and company managers. Through the triangulation of data, data triangulation these institutions still need to have adequate adherence to the models of business innovation management used by the local productive sector and need more bidirectional planning. Despite the advancement of the scope and quality of services offered by TTOs and the amounts of technology contracts, there has been an extensive effort to improve the communication channels and promote innovation by identifying factors that contribute to and hamper the promotion of change in the Ceará' scenario, the characteristics that group STIs in different stages of maturation were detected.

Business Innovation Management: a General Overview to Virtuous Leadership

The concept of leadership continues to develop as a concept that still maintains its importance. In the most general sense, leadership shapes employees’ behaviours and facilitates all processes to achieve common goals and objectives. In today's innovative and rapidly changing business world, practical and good leadership is an important study topic in management studies. Effective and good leadership, also known as positive leadership, motivates ineffective employees, develops their skills, improves negative attitudes and behaviours and copes with stress and burnout. Positive Psychology is the newly advancing field of organisational behaviour sciences. Positive leadership highly addresses its relevance with positive character traits as defined virtue. Virtues, which are the source of well-being and glorify people's feelings, thoughts and behaviours, manifest as business ethics principles in business life. The virtues play an influential and vital role in various leadership styles, such as ethical, spiritual and transformational leadership. On the other hand, these leadership styles do not extensively define the core characteristics of a virtuous leader. In this direction, over the past decade, numerous virtuous leadership theories and models have recently developed that cite virtues as essential and indispensable. A review of previous studies revealed a gap in the literature on virtuous leadership. The problem of this study is that virtuous leadership has been examined in primarily ethical literature. This study aims to conceptualise by examining the prominent approaches of virtuous leadership according to the current literature. Traditional literature scrutiny is used as the research method in the paper. Studies are scattered in the relevant literature. This paper summarises the existing virtuous leadership literature and brings out a literature review. The study provides an overview of virtuous leadership theories and models among the definitions and classifications listed in Table 1 and also presents virtues-relevant leadership theories in the literature. Thence, it is expected to contribute to management, leadership and organisational behaviour. The research is a current study in terms of the subject discussed.

Impact of Digitalization on Entrepreneurship Development in the Context of Business Innovation Management

The article discusses current digitalization trends from the perspective of business innovation management, the relevance of which has increased significantly during the COVID-19 pandemic. The relationship between the innovative and digital profile indicators and the level of entrepreneurship development is analysed and substantiated based on the world and European experience in general and Azerbaijan in particular. The study's main goal is empirical confirmation, formalization, and evaluation of digitalization's impact on entrepreneurship development in Azerbaijan, some European and Asian countries to improve public policy in the areas under study. For achieving the study goals, scientific methods of statistical, analytical, graphical, correlation and regression analysis, and economic and mathematical modelling using Excel and Stata software products were applied. The information base of the study is formed from scientific papers and publications in the field of innovation management, digital economy, and entrepreneurship, as well as World Bank data for a sample of 14 countries in Europe and Asia (Azerbaijan, Czech Republic, Estonia, Georgia, Hungary, Kazakhstan, the Kyrgyz Republic, Latvia, Lithuania, Poland, Romania, Slovenia, Slovak Republic, and Ukraine) for 2006-2020. The author characterized trends in the total number of new firms, the overall density of business and the density of new business in the countries included in the sample, and indicators of the relative cost of procedures and the time to start a business in the studied countries. Particular attention is paid to the export and import of ICT goods, communication and computer services. A panel data regression model with fixed effects has been built to determine the influence of digitalization parameters on the business sector's development parameters. Evaluating the impact of digitalization on entrepreneurship development in Azerbaijan and other European and Asian countries could be useful to scientists, researchers, public authorities and local governments, business structures, and entrepreneurs.

An approach between tools for the analysis of tendencies and business innovation management

Currently, there is a number of tools which allow analyzing information-based behavioral patterns; in the specific case of this article, the analysis of tendencies will be highlighted not only as a tool to predict the behavior of prices in order to measure and process financial market information but also, in a wider standpoint, to take tendencies as a tool to analyze the behavior of certain elements within a specific environment and period of time. Accordingly, the article is intended to set the theoretical, conceptual, and contextual basis necessary to perform the analysis of tendencies through the combination of a monitoring system and an observatory intended to organize, quantify, process, and use information as an indispensable element to implement innovation in the business field

Key Factors for Successful Entrepreneurship in Thailand

A causal relationship among key critical success factors of successful entrepreneurs in Thailand is proposed. A new business innovation management model is established using data sampling of 250 successful entrepreneurs from various industry sectors in Thailand. The data were analyzed by performing mean, standard deviation calculations, factor analysis and causal factors affected by LISREL program. Quantitative results showed that the model is consistent with empirical data.

Инновационное обеспечение бизнес-сферы

In this article author examines the background and tendencies of procurementdriven innovative practices in Russian business. Methods of innovation management in business widely used abroad are analyzed.

The research on the process of new service development in logistics enterprises

For service enterprises, new service development (NSD) is important as the R&D to the manufacturing enterprises. The most domestic logistics enterprises, to a certain extent, act in a rule of thumb and in a large state of randomness, and lack of expertise awareness and skills of new service management, when they do new service development. They have limited knowledge in the process of new service development. Based on the theoretical study and combined with the characteristics of logistics enterprises, this paper summarises the process of new service development in domestic logistics enterprises, and puts forward the theoretical model of 14 part in the process of new service development in logistics enterprises and describes the relationship between their relative weights, by using the methods of comparative empirical study, interviews and questionnaire survey. Formal process of new service development (NSD) is an effective way to improve the efficiency of logistics business innovation management. It has certain reference to logistics enterprises in new service development (NSD).

Innovation management techniques and tools: a review from theory and practice

Knowledge is considered to be an economic driver in today's economy. It has become a commodity, a resource that can be packed and transferred. The objective of this paper is to provide a comprehensive review of the scope, trends and major actors (firms, organizations, government, consultants, academia, etc.) in the development and use of methods to manage innovation in a knowledge‐driven economy. The paper identifies the main innovation management techniques (IMTs) aiming at the improvement of firm competitiveness by means of knowledge management. It will specifically focus on those IMTs for which knowledge is a relevant part of the innovation process. The research study, based on a survey at the European level, concludes that a knowledge‐driven economy affects the innovation process and approach. The traditional idea that innovation is based on research (technology‐push theory) and interaction between firms and other actors has been replaced by the current social network theory of innovation, where knowledge plays a crucial role in fostering innovation. Simultaneously, organizations in both public and private sectors have launched initiatives to develop methodologies and tools to support business innovation management. Higher education establishments, business schools and consulting companies are developing innovative and adequate methodologies and tools, while public authorities are designing and setting up education and training schemes aimed at disseminating best practices among all kinds of businesses.