Innovative Initiatives Research Articles

The Impact of Digital Transformation on the Sustainable Growth of Specialized, Refined, Differentiated, and Innovative Enterprises: Based on the Perspective of Dynamic Capability Theory

The sustainable growth and development of SRDI (specialized, refined, differentiated, and innovative) enterprises is an important foundation for promoting critical core technology breakthroughs and achieving high-quality economic development. Digital transformation is a power source that cannot be ignored in the process of enterprise growth. Based on the dynamic capability theory, this paper takes the listed national-level SRDI “Little Giants” enterprises in China from 2015 to 2022 as the research sample and empirically analyzes the intrinsic influence mechanism of digital transformation on the sustainable growth of SRDI enterprises. The study results show that digital transformation has a positive impact on both dynamic capabilities and the sustainable growth of SRDI enterprises. Dynamic capabilities positively affect the sustainable growth of SRDI enterprises, and the coordination and integration capability and learning and absorption capability of dynamic capabilities play a mediating role between digital transformation and the sustainable growth of SRDI enterprises. In addition, this study further finds that the contribution of digital transformation to the sustainable growth of SRDI enterprises is more significant among smaller enterprises, non-state-owned enterprises, and manufacturing enterprises. The findings enrich the research on the theoretical mechanisms of digital transformation for enterprise growth and provide empirical evidence and practical insights for the survival and development of SRDI enterprises and other small and medium-sized enterprises.

How Cross-Industry Knowledge Fosters Exploratory Innovation of Taiwanese Small Business Enterprises: Moderating Effects of Incubator Assistance

How Cross-Industry Knowledge Fosters Exploratory Innovation of Taiwanese Small Business Enterprises: Moderating Effects of Incubator Assistance

The Impact of Digital Transformation on Enterprise Ambidextrous Innovation: Evidence from Manufacturing Listed Companies in China

In this paper, we theoretically discuss and empirically investigate the impact of digital transformation on the ambidextrous innovation of enterprises. We also examine the transmission mechanism of knowledge flows between digital transformation and ambidextrous innovation in enterprises. Based on the data of Shanghai and Shenzhen-listed companies from 2012 to 2020, using a two-way fixed-effect panel regression model, the results show that: (1) Digital transformation has a significant positive effect on both enterprise ambidextrous innovation, and its effect on exploratory innovation is greater than that on exploitative innovation. (2) Digital transformation promotes exploratory and exploitative innovation by accelerating knowledge flow. (3) The impact of digital transformation on exploratory innovation in enterprises is heterogeneous, while the impact on exploitative innovation is not heterogeneous. That is, the positive effect of digital transformation on exploratory innovation is significant in enterprises in high-tech industries, but not significant in enterprises in nonhigh-tech industries. Overall, our findings provide a deeper understanding for enterprises to grasp digital opportunities and carry out digital transformation in a timely and appropriate manner, as well as an essential policy implication for the government to strengthen the construction of digital infrastructure and improve the policies related to digital transformation.

Розвиток жіночого інноваційного підприємництва в Україні у процесі європейської інтеграції

Introduction. The process of European integration of Ukraine opens up new opportunities for the development of innovative entrepreneurship, in particular for women entrepreneurs. Economic and social challenges related to the post-war reconstruction of the country and the need to comply with the EU standards make the issue of effective use of the potential of women’s entrepreneurship in the innovative field relevant. Problem Statement. Determination of ways and mechanisms of using the opportunities of European integration to stimulate the development of women’s innovative entrepreneurship in Ukraine. The purpose is to assess the current state of women’s innovative entrepreneurship in Ukraine, to identify prospects for its development in the context of European integration, and to develop recommendations for its support. Methods. Theoretical analysis of scientific sources, study of European practices of supporting women’s innovative entrepreneurship, comparative analysis and generalization were used. Results. The key directions of using European integration for the development of women’s innovative entrepreneurship in Ukraine embrace: 1) adaptation of European financing and business acceleration programs; 2) implementation of European standards of gender equality; 3) participation in European networks and exchange of experience; 4) adaptation of European educational programs. The implementation of these directions will contribute to economic growth, the creation of new jobs and the general elevation of the role of women in society. Conclusions. European integration creates favorable conditions for the development of women’s innovative entrepreneurship in Ukraine through access to new markets, financial resources and advanced practices. The key success factors are the adaptation of Ukrainian legislation to EU standards, the creation of specialized support programs and the development of educational initiatives for women entrepreneurs. The implementation of the proposed recommendations will contribute to the growth of the number of women’s innovative enterprises and the strengthening of their role in the economic development of Ukraine.

Factors and circumstances affecting the business performance of firms based on new technologies

New technology-based firms (NTBFs) invent, develop, and commercialize original technologies whose research, development, and commercial success is highly uncertain and risky. Their growth is lengthy and often insufficient, but investors’ growth expectations are high. The study aims to determine factors and circumstances that affect the growth of new technology-based firms. The source of knowledge is a personal experience from a guided interview with the founder, which is recorded in the questionnaire. The research sample includes 67 NTBFs doing business in Slovakia. The respondents’ statements were analyzed using critical discourse analysis (CDA) with the support of artificial intelligence. The results are the factors that influence the business performance of the investigated companies. The performance of companies that show a long-term loss is affected by very limited access to financial resources, restrictive regulations, and a lack of qualified employees. The performance of companies that show a long-term profit is influenced by favorable access to external capital, effective management of human resources, optimization of internal processes, and improvement of marketing. The order of the identified factors expresses their importance in the thematic group. The secondary results are the accompanying circumstances of the growth of the investigated companies, namely the reasons for the establishment of NTBF and entry into business, commercialization of new technology, and cooperation with investors and banks. The combination of limited access to finance and a lack of qualified human resources creates a complex set of obstacles to the business performance of NTBFs. AcknowledgmentThis work was supported by the Scientific Grant Agency of the Ministry of Education of the Slovak Republic and Slovak Academy of Sciences (VEGA) under the grant “Accelerating the growth of innovative enterprises - scaling up scale-ups and new technology-based firms (NTBFs)”, number 1/0006/22.

УПРАВЛЕНИЕ КОМАНДОЙ ВНУТРИКОРПОРАТИВНОГО СТАРТАПА: ПРОЦЕССНОЕ ИССЛЕДОВАНИЕ ДИНАМИКИ РАЗВИТИЯ

Innovative development of the Russian economy is impossible without increasing the efficiency of small innovative enterprises (startups), including those created within companies. The problems of managing internal startups and especially startup teams have been relatively poorly studied by modern science. The high dynamics of startups causes high variability and intensive transformations in team management practices. To create a highper formance startup team, it is necessary to understand the internal logic of change in the parameters of teams and team management. The article studies the dynamics of changes in team characteristics and team management within the startup development process. The research methodology is based on process research and case studies. The work investigates the dynamics of the startup team a cloud gaming service. The startup was organized within one company but was then sold to a large IT corporation. The article examines certain characteristics of the team in their development including management methodologies, team composition, communications, culture, motivation, operational and strategic planning pro cedures.

“Cameras Help, but Hurt”: The Role and Use of Prison Cameras for Accountability

The context of the carceral environment is based on the logic of surveillance and relies on cameras to act as the ever-present eyes of the institution. We explore the investigative roles that cameras play in the institution from the perspective of correctional staff and residents. A qualitative study was conducted in a medium-security institution in the Midwest region of the United States as part of the Prison Research and Innovation Initiative (PRII). The findings are based on semi-structured interviews with people who are incarcerated and correctional staff (including custody and noncustody staff). Upholding accountability was a perceived benefit of reviewing footage from prison cameras during investigations, yet the harms of selective enforcement against the resident population and the perceived misuse of cameras for staff disciplinary actions thwarted the benefits of having and using cameras.

ACTUAL ISSUES OF REPRODUCTION OF FIXED ASSETS OF DOMESTIC ENTERPRISES

The article touches upon topical issues of reproduction of fixed assets of domestic enterprises in terms of their accounting, audit and strategic aspects of management. The study emphasises the necessity of constant renewal of fixed assets to ensure competitiveness, increase of labour productivity and quality of products. The main purpose of the study is to identify the key problems of managing the reproduction of fixed assets and formulate ways to solve them. To achieve the research objective, the methods of analysis and synthesis, comparative analysis and empirical methods were used. The paper emphasises the importance of improving accounting and auditing, considers the concepts of physical and moral wear and tear, as well as depreciation of fixed assets. It is determined that improving the depreciation policy is an important factor in increasing the investment activity of business entities. It is substantiated that internal audit plays an important role in providing reliable information on the process of reproduction of fixed assets, which contributes to the effective management of enterprise resources. The author defines the tasks of internal audit, including verification of the correctness of recognition and assessment of fixed assets restoration costs, reliability of information on depreciation charges, depreciation and residual value of fixed assets, control over accounting of lease transactions and transactions with investment property. The publication also discusses the strategic aspects of fixed assets reproduction, emphasising the importance of an innovative approach to improving the competitiveness of enterprises. It is noted that the implementation of innovative reproduction requires an integrated approach, including the construction of a mechanism that ensures the orientation of the market and the macroeconomic model of management to innovative forms of reproduction of fixed capital. The article pays special attention to the problems of financing innovative projects and cooperative technological chains. The article concludes by emphasising the need to form a comprehensive mechanism at the macro level, focused on the priority reproduction of fixed asset systems using the latest technologies. The paper emphasises the importance of creating a unified system of innovation and investment activities of enterprises, taking into account the interests of all participants. It stresses the expediency of using both market and non-market incentives for the reproduction of fixed assets, which will facilitate the production of competitive products and ensure the sustainable development of enterprises in the market.

How Digitalization and Sustainability Promote Digital Green Innovation for Industry 5.0 through Capability Reconfiguration: Strategically Oriented Insights

As environmental pressures intensify and digital technology advances rapidly, many countries, including China, are looking to more effectively heed social and environmental responsibilities by effectively integrating digital technology with traditional industries. Digital green innovation is gradually becoming a necessary direction for enterprises in various countries as they strive for high-quality development. How enterprises can achieve digital green innovation through the duality of digitalization and sustainability has become a crucial research question. However, existing research rarely addresses the mechanisms that lead to the formation of digital green innovation within enterprises. This study uses a sample of 305 manufacturing enterprises in China. Based on strategic orientation theory, this study introduces the concept of digital sustainability orientation, integrating both digital and sustainability orientations. A model is constructed to examine the impact of digital sustainability orientation on digital green innovation in enterprises, analyzing the mechanism of action through the mediation of capability reconfiguration and the moderation of environmental scanning. The study finds that digital sustainability orientation significantly positively impacts digital green innovation, highlighting the integrated effect of digital and sustainability orientations. The findings indicate that digital sustainability orientation significantly positively impacts digital green innovation, whereas a single strategic orientation does not effectively promote digital green innovation; capability reconfiguration partially mediates the relationship between digital sustainability orientation and digital green innovation in enterprises; and environmental scanning positively moderates the relationship between digital sustainability orientation and capability reconfiguration and further influences the mediating role of capability reconfiguration. This study contributes to the advancement of digital sustainability theory in the field of digital green innovation; moreover, the results of this study offer significant practical insights for enterprises aiming to successfully implement digital green innovation.

Digital Skills of Human Resources: Exploratory Research of Innovations in Enterprises

Background: This study is conducted in the context of the remarkable development of digital technology that has a profound impact on many facets of life, including the comprehensive transformation of abilities and the working style of businesses and the workforce. To survive and develop in an emerging digital society and ever-changing digital environment, workers and business leaders need to equip themselves with the necessary digital skills to adapt to job requirements. Objective: This study explores the current status of the digital skills of human resources and its impact on the level of digital transformation readiness of Vietnamese enterprises. At the same time, the inverse relationship between digital skills and the digital divide was explored for the first time in Vietnam. Methodology: A secondary research method was used to summarize and analyze the results of surveys conducted by Vietnamese government agencies and previous studies to investigate the current status of digital skills of human resources and factors affecting the digital readiness of Vietnamese enterprises in the context of ongoing DX. Results: The results show that the digital skills of enterprise HR are weak, the level of DX readiness is low, and there is a reciprocal relationship between digital skills and the digital divide. The principal findings contribute to policy implications aimed at enhancing digital skills for the workforce and enterprises’ HR, and bridging the digital divide within the population in the long term. Doi: 10.28991/HIJ-2024-05-03-013 Full Text: PDF

A Study on the Relationship Between Quality Monitoring Technology Innovation in Auto Parts Enterprises and National Interest

This paper aims to explore the relationship between the innovation of quality monitoring technology in auto parts enterprises and national interests. By providing an overview of the development history, current main types, and characteristics of quality monitoring technology, as well as the driving forces and trends of technological innovation, it elaborates on the positive impact of quality monitoring technology innovation on auto parts enterprises, including improving product quality and reliability, enhancing production efficiency, reducing costs, and strengthening market competitiveness. At the same time, by analyzing typical enterprise cases, it specifically demonstrates how technological innovation promotes the realization of national interests, such as promoting industrial upgrading, ensuring economic security, and enhancing international competitiveness. Finally, the research concludes and puts forward suggestions and prospects for future development, emphasizing that the government, enterprises, and all sectors of society should work together to promote the innovation of quality monitoring technology in China’s auto parts enterprises to a new level.

446.10: Empowering transplant professionals: An innovative online training initiative from a developing country.

446.10: Empowering transplant professionals: An innovative online training initiative from a developing country.

Статистический анализ влияния инноваций на производительность труда в субъектах ЦФО

The relevance of the research topic is due to the contradiction between the innovation activity of organisations and their contribution to regional socio-economic development. Innovation should lead to productivity growth and contribute to the creation of high-productivity jobs. However, the situation in many Russian regions is paradoxical one – despite of high innovation activity of small and medium-sized enterprises their labour productivity remains at the same level or decreases. The purpose of the research is to assess the impact of innovations on labour productivity for the Russian economy on the example of the Central Federal District regions. The paper verifies the hypothesis on the presence of statistically significant relationship between the indicators characterising the innovation activity of small and medium-sized enterprises, the index of labour productivity, and the growth of high-productive jobs in the Central Federal District regions through the methods of economic and mathematical modelling. According to the research results, the parameters of small and medium-sized enterprises innovation activity do not have a significant impact on the dynamics of socio-economic development of the Central Federal District regions.

The Neuroscience Research Opportunities to Increase Diversity Program: Transformative and Successful Research Training Strategies for Undergraduate Students within Hispanic Serving Institutions.

Over the past 14 years, the Neuroscience Research Opportunities to Increase Diversity (NeuroID) program, funded by the National Institute of Neurological Diseases and Stroke (NINDS), has played a transformative role in training numerous undergraduate Hispanic students within The University of Puerto Rico-Rio Piedras (UPR-RP). This innovative Neuroscience-based research training initiative has successfully guided dozens of Hispanic students toward graduate programs in Neuroscience, significantly contributing to the enhancement of diversity within the academic and scientific fields. The achievements of the NeuroID program can be attributed to three key objectives. Firstly, the establishment of a comprehensive and innovative program has provided Hispanic undergraduate students with invaluable insights into various facets of a research career in neuroscience. Secondly, the program has fostered a robust mentorship network that supports selected students throughout their journey to become neuroscientists. Thirdly, it has strengthened the neuroscience network in Puerto Rico by bridging the gap between undergraduate teaching universities and research laboratories in top-tier institutions across the mainland United States.

Exploring fiscal incentives, financial constraints, and firm innovation performance: A multidimensional correlation analysis and mechanism exploration

The article study selects the panel data of 3407 A-share listed companies between 2010 and 2022, aiming at exploring the impact of fiscal incentives on firms' innovation performance and revealing the mediating role of financing constraints. The empirical results show that fiscal incentives have a significant positive impact on both corporate innovation performance and financing constraints; meanwhile, corporate financing constraints are found to play a fully intermediary role between fiscal incentives and corporate innovation performance. This research result is of great significance to both enterprises and governments. Enterprises can take the initiative to utilize fiscal incentives to improve innovation performance, strengthen financing ability, and then promote enterprise development. The government can take fiscal incentives and other measures to support enterprise innovation and promote the healthy development of the national economy. At the same time, governments should also explore more effective financing mechanisms to provide enterprises with a favorable financing environment to further promote enterprise development and innovation capacity.

LIRIS (Literasi dan Riset) sebagai Inovasi pada Problematika Gerakan Literasi Sekolah dalam Pembelajaran Sejarah di SMAN 1 Sumenep

Literacy activities in education hold a crucial position, particularly reading within history education. Addressing literacy challenges encountered in the history learning process at State Senior High School (SMAN) 1 Sumenep, there arises a necessity for innovation in implementing school literacy movements. LIRIS stands as an innovative initiative formed by the School Literacy Team (Tim Literasi Sekolah/TLS) at SMAN 1 Sumenep, aimed at addressing literacy challenges by amalgamating literacy processes with research. This research aims to find out the implementation and problems of history learning in the GLS program and find out how LIRIS can be an innovation in literacy activities. Employing a qualitative descriptive approach, data is collected through interviews, observations, and documentation, then analyzed through data reduction, presentation, and verification. Findings reveal: (1) GLS implementation in history education generally follows existing guidelines, observable in familiarization, development, and learning stages, yet specifics vary based on classroom conditions and teacher innovation, (2) literacy activity issues in history education arise across student, teacher, and school support aspects, and (3) LIRIS emerges as an innovative literacy activity addressing both general and specific history education challenges, albeit still necessitating evaluation and refinement.

A multi-level Statistical Study on the Financial Supply and Demand Structure of Science and Innovation Enterprises: A case study of Hefei Science and Innovation Financial Reform Pilot Zone

A multi-level Statistical Study on the Financial Supply and Demand Structure of Science and Innovation Enterprises: A case study of Hefei Science and Innovation Financial Reform Pilot Zone

A Comprehensive Analysis of Social Media Platforms and their Impact on E-Consumer Purchase Behavior (With Reference to Coimbatore City)

In contemporary times, social media has emerged as a highly effective platform for establishing direct connections with prospective clients. Through deeper user engagement, community social networking sites have garnered customer trust and are predominantly utilized for social interactions. Since the beginning of the year, many manufacturers, wholesalers, and retailers have adopted social media marketing strategies. Marketers are increasingly exploring diverse social media channels and introducing innovative social initiatives at an unprecedented rate. The exponential expansion and rapid evolution of social media marketing are extraordinary, reflecting a transformative shift in promotional strategies. Recognizing its immense potential, multinational corporations have integrated social media marketing into their campaigns, significantly enhancing their outreach and engagement efforts. This paper examines the level of awareness among e-consumers regarding social media sites and analyzes the impact of social media advertisements on these consumers. Additionally, it provides a comprehensive overview of Coimbatore's social media marketing practices.

FORMATION OF A SYSTEM OF GOALS FOR MANAGING THE INNOVATION ACTIVITIES OF AN ENTERPRISE IN THE CONDITIONS OF POST-CONFLICT TRANSFORMATION

The article examines the role of innovation in the development of enterprises. An approach to innovation management at an enterprise in the context of post-conflict transformation is developed, based on the premise that the goals of an enterprise should determine the goals of innovation management, and the processes of innovation management at an enterprise should be integrated with the vertical and horizontal levels of economic and production business processes in the context of post-conflict transformation. Based on the results of the study, the mathematical basis for innovation management in the system of methodological approaches (transfer management, algorithmic management, creative management) based on the identified processes of innovation management at enterprises in the context of post-conflict transformation is determined. An analysis of approaches to the formation of goals for managing innovations at enterprises in the context of post-conflict transformation is carried out. The approach, which is contained within 8 key spaces, with the allocation of 5 groups of goals (financial, production, marketing, human resource management, information and technical support) is substantiated. A system of goals for managing the innovation and investment activities of enterprise is formed. The author details managerial actions/decisions at the strategic, tactical and operational levels and specifies tactical functional goals in the context of financial, production, marketing, human resource management and information technology, which ensures further optimization of the use of various types of resources (primarily human resources) at the enterprise. A mathematical framework has been developed for the subsystem at the strategic, tactical and operational levels. The obtained results can be implemented in the activities of enterprises and used in further scientific research.

Review Of Intellectual Property Law On Micro, Small, And Medium Enterprise Products Of Selar Fish Crackers In Warnasari Village, Cilegon City

Micro, Small, and Medium Enterprises (MSMEs) activities in Cilegon City are one of the growing business sectors to support the national economy.. For business actors starting a business, they need to think about the concept of business and intellectual property protection. In the business world, Intellectual Property can be one of the important elements because it can give the owner an advantage over the results of his invention. This study aims to determine the concept and product innovation of Micro, Small, and Medium Enterprises (MSMEs), Selar Fish Crackers in Warnasari Village, Citangkil District, Cilegon City, and to determine the legal protection of intellectual property for Micro, Small, and Medium Enterprises (MSME products), Selar Fish Crackers in Warnasari Village, Citangkil District, Cilegon City. This research uses qualitative methods and empirical juridical approaches. Where the research is conducted by looking at the law as a norm or das sollen and as a socio-cultural reality or das sein obtained directly from the research location. The data analysis technique uses descriptive analytical techniques. The results showed that the concept and innovation of MSMEs is the first step taken to develop the Akbar Jaya Fish Crackers business and protect intellectual property in its products, one of which is by registering the brand to the Directorate General of Intellectual Property to obtain legal certainty.