Pace Of Innovation Research Articles

ROLE OF TECHNOLOGY AND INNOVATION ON ENHANCING THE LAST-MILE DELIVERY AND ENVIRONMENT CONSERVATION SUSTAINABILITY POST COVID-19

The purpose of the study was to assess the role technology on enhancing the last-mile delivery and environment conservation sustainability. Specifically, it focused on providing answers to the following questions: Is technology enhancing last mile deliveries post Covid-19 pandemic? Are businesses using technology solutions to mitigate last mile delivery challenges? Is use of technology in last mile delivery helping in environment conservation sustainability? Does technology enhance effective B2B and B2C deliveries? The study adopted desktop research design and used secondary data based on analysing published scientific papers through platforms; Web of Science, Scopus and Emerald with majority of information derived from journals or conference proceedings not more than three years after covid-19 i.e. 2023 from the internet sources. The study found that technology enhanced last mile delivery, due to the accelerating pace of digital innovation, increased online participation, rapid growth in data analytics and transmission, and platforms facilitating innovation. The sampled papers proved that new technological development increased the efficiency, visibility, transparency of inventory levels, demand forecasting, production processes, and logistics which emphasized the role of technology as a facilitator of supply chain. The findings showed that, Technology on e-commerce experienced a massive growth within the years after Covid-19 and more and more businesses headed to the online system to sell their products and services and more customers turned to online due to convenience of the online purchase system. The results showed that, technology use in last mile delivery enhanced environmental conservation sustainability by reducing traffic in roads since orders for one location can be delivered by one truck. The study also, found challenges of last-mile delivery and presented a detailed understanding on the technology innovative solutions to mitigate the challenges. As depicted by the sampled researches last mile delivery challenges included delivery inefficiency, high costs, delayed deliveries, low-visibility, outdated technology, inaccurate route planning. Therefore, modern technology proved to be a main facilitator in addressing these challenges by providing faster deliveries, higher visibility and better quality and environment conservation sustainability. The study recommended increase of use of modern technology to enhance further last mile delivery and environment conservation sustainability.

Understanding Readability of Large Language Models Output: An Empirical Analysis

Recently, Large Language Models (LLMs) have seen some impressive leaps, achieving the ability to accomplish several tasks, from text completion to powerful chatbots. The great variety of available LLMs and the fast pace of technological innovations in this field, is making LLM assessment a hard task to accomplish: understanding not only what such a kind of systems generate but also which is the quality of their results is of a paramount importance. Generally, the quality of a synthetically generated object could refer to the reliability of the content, to the lexical variety or coherence of the text. Regarding the quality of text generation, an aspect that up to now has not been adequately discussed is concerning the readability of textual artefacts. This work focuses on the latter aspect, proposing a set of experiments aiming to better understanding and evaluating the degree of readability of texts automatically generated by an LLM. The analysis is performed through an empirical study based on: considering a subset of five pre-trained LLMs; considering a pool of English text generation tasks, with increasing difficulty, assigned to each of the models; and, computing a set of the most popular readability indexes available from the computational linguistics literature. Readability indexes will be computed for each model to provide a first perspective of the readability of textual contents artificially generated can vary among different models and under different requirements of the users. The results obtained by evaluating and comparing different models provide interesting insights, especially into the responsible use of these tools by both beginners and not overly experienced practitioners.

Innovative Strategies in Logistics and Supply Chain Management: Navigating Modern Challenges

In the current landscape of global commerce, logistics and supply chain management stand at the forefront of both opportunity and challenge, significantly influenced by the relentless march of globalization and the rapid pace of technological innovation. As companies strive to maintain competitive edges, the intricacies of managing the flow of goods, information, and capital across vast geographic and digital landscapes have become more pronounced than ever. This comprehensive paper delves into the heart of these complexities, dissecting the pivotal aspects of digital transformation, environmental sustainability, and robust resilience within supply chain ecosystems. By weaving together a rich tapestry of contemporary literature and illustrative case studies, this exploration yields a wealth of practical insights. It underscores the necessity of integrating cutting-edge digital technologies such as the Internet of Things (IoT), artificial intelligence (AI), and blockchain to streamline supply chain operations and enhance real-time decisionmaking. Simultaneously, it highlights the growing imperative for sustainability, pushing organizations to implement eco-friendly practices and reduce carbon footprints in a bid to address mounting environmental concerns. Furthermore, the paper addresses the vital issue of supply chain resilience, examining strategies that can enable businesses to withstand disruptive events and rebound from challenges with agility and minimal impact. Within these discussions, the document underscores innovative strategies capable of elevating logistics and supply chain efficiency, advancing green initiatives, and ensuring that these complex networks can adapt and thrive amidst an ever-shifting global business milieu. By meticulously analyzing the intersection of these critical factors, the study presents a blueprint for navigating the intricate web of modern-day logistics and supply chain dynamics, offering guidance for practitioners aiming to excel within this fast-evolving sector.

The Evolving Landscape of Privacy Law: Balancing Digital Innovation and Individual Rights

The rapid pace of digital innovation presents significant challenges to existing privacy laws, necessitating a delicate balance between technological advancement and the protection of individual rights. This paper explores the evolving landscape of privacy law, highlighting the tension between fostering digital innovation and ensuring robust privacy protections. Through a historical overview, the paper traces the development of privacy laws from their inception to the current global regulatory framework, including key legislations such as the General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA). It delves into the challenges posed by emerging technologies, such as artificial intelligence, the Internet of Things (IoT), and big data, and examines case studies that illustrate these challenges. The analysis reveals a dynamic interplay between innovation and privacy, where stringent regulations may impede technological progress, while lax privacy protections may undermine individual rights. The paper proposes legal reforms and innovative approaches to privacy protection, advocating for a flexible legal framework that can adapt to technological advancements while safeguarding privacy. The conclusion underscores the importance of ethical considerations in shaping future privacy laws and the need for a balanced approach that supports both digital innovation and the protection of individual rights.

Key trends in the global biotechnology market

The global biotechnology market is is experiencing a dynamic transformation, showing a substantial upswing and diversification. The main trends forming this sector are considered in detail in this study in terms of extensive data collection and reliable analytical techniques. The main conclusions point to sustained growth in the market with a significant shift towards the Asia-Pacific region. Therapeutic advances, such as those in regenerative and personalized medicine, provide revolutionary approaches to healthcare. Simultaneously, agricultural biotechnologies are becoming a beacon of light for the challenges of food security and climate change. Due to the combination of biotechnology with digital tools, it foretells a new era of interdisciplinary research to facilitate rapid discoveries. However, the rapid pace of innovations necessitates vigilant and adaptive regulatory frameworks. This article reports on the multidimensional nature of the biotechnology landscape, highlighting its potential in forming a sustainable, healthy, and equitable future.

ЕФЕКТИВНІСТЬ КОМУНІКАЦІЇ СТАРТАП-КОМАНДИ В СУЧАСНИХ УМОВАХ РИНКУ

The article examines the problems of creating and successfully functioning startup teams. Typical problems of startup teams, their sources and possible consequences are highlighted. A communicative model is presented, which can be used as a guide for the formation of a startup team, as well as for identifying the strengths and weaknesses of already working teams. The rapid pace of innovation stimulates the emergence of non-standard business solutions and promotes the birth of new enterprises. The path of a startup from conception to implementation is a complex process that includes the formation of an idea, the search for investments, and other stages. In the context of innovative business, the issue of effective communication of the startup team is very relevant. The founder of a startup must realize that the formation of corporate culture is a strategic decision that will affect all aspects of the business. Without exaggeration, this is one of the foundations of the entire young company’s activity. Not only personnel policy, but also the strategy of innovative business in general directly depends on corporate culture. Since sooner or later any startup, like a young business, faces various problems, it can become the key that will help the manager keep the management of the company in his hands. Teams carry the potential for ineffective communication, complex and lengthy decision-making processes and personal conflicts, startup founders are often caught up in innovation, market demands and fierce competition, the main focus is on important ways to create innovative products, and employee management remains a secondary part of building companies. The article discusses the main mechanisms of attracting talented employees to the startup team. Analysis of the main principles of selection and retention of company employees, taking into account the specifics of a startup, allow an entrepreneur to correctly approach the formation of a successful team. The results of the study allow us to say that a competent personnel policy and effective self-organization of the startup team will enable the young business to survive all crises and move forward purposefully.

Attitudes Towards Patent Law Among Biotech Startups

The rapid pace of innovation in biotechnology necessitates effective patent protection to ensure competitive advantage and investment attraction for startups. However, the impact of patent law on the strategic operations and innovation within biotech startups is complex and multifaceted. This study aims to explore the attitudes of biotech startup leaders towards patent law, identifying the perceived strategic values, challenges, and the overall impact on innovation within their companies. This qualitative study employed semi-structured interviews with 25 leaders (founders, CEOs, and senior managers) from biotech startups across various global regions. The data was collected until theoretical saturation was reached and analyzed using NVivo software to facilitate thematic analysis. This approach allowed for an in-depth exploration of the nuanced perspectives on patent law in the biotech sector. Three main themes were identified: Strategic Value of Patents, Challenges with Patent Law, and Perceptions and Attitudes Towards Patent Law. Under these themes, key categories such as Competitive Advantage, Innovation Incentives, and Regulatory Navigation highlighted patents' strategic benefits. Conversely, significant challenges included Cost Implications, Complexity of Processes, and Intellectual Property Risks. Diverse perceptions were also noted, ranging from viewing patents as crucial to innovation to concerns over their potential to stifle technological progress and ethical considerations. The study concludes that while patents are critical for protecting innovations and securing economic benefits for biotech startups, they also present substantial challenges that can impede these companies' operational and technological agility. Balancing these benefits and drawbacks is essential for fostering an environment that supports sustainable innovation and ethical practices within the biotechnology industry.

대학생의 표준 인식 및 활용 수준에 관한 연구

As global competition intensifies, the pace of technological innovation rapidly accelerates, and demand for new markets increases, standards are emerging as a key tool not only in the national economy and industry, but also in corporate management. Particularly, as the 4th Industrial Revolution, where convergence is a keyword, becomes a hot topic, the importance of standards is being further emphasized. Standards are work for companies, countries, and local communities based on the integrated results of science, technology, and experience. Since the end users of standards are general consumers, general consumers' awareness of the standards is important.
 Recognizing the importance of standards, the world's major advanced countries have been working to cultivate manpower to respond, and the government of the Republic of Korea also recognized the importance of the role of standards in the national economy and has been working to foster standards experts. Especially, it has been revealed that the university standardization course, which began in 2004 with the purpose of cultivating standard manpower required by the industry, has contributed greatly to improving college students' awareness of standards.
 Accordingly, in this study, Survey on students at a university in Seoul where standardization courses are being offered was done regarding their awareness of standards and their importance, and their level of standards knowledge. According to the analysis results, college students' awareness of standards and their importance, and the level of standards knowledge appear to be somewhat high. In particular, standard knowledge was shown to be very high with an average score of 8.7 points, and these results showed that the difference was significant depending on whether or not students took standards class. That is, it can be judged that the standards class had a positive effect on these results. However, compared to the awareness of standards and their importance and the level of standards knowledge, the degree of use of standards was found to be somewhat low. Therefore, it is necessary to add contents and activities for utilizing standards in future standards class.

METHODS OF PATENT DOCUMENTATION ANALYSIS

Intellectual search of patent text is an important task that requires knowledge of the subject area. In today's world, when the growing pace of technological innovation is already leading to fundamental changes, with entering the fourth industrial revolution Industry (4.0), the development of artificial intelligence and the virtual economy, the analysis of patent documentation is becoming an increasingly important task, therefore, traditional approaches to text analysis are insufficient for comprehensive study of the patent text. This article discusses methods of patent document analysis, including topic identification, text segmentation, information display, feature selection, clustering, and summary selection, etc. The described methods can be used to better understand the relationships between different technologies and their priorities and to assess competition and opportunities for their use in the market. Also considered are the main challenges and problems associated with the analysis of patent documentation, such as the limited amount of data and the heterogeneity of their structure. The article's conclusions can be useful not only for the linguistic analysis of patent documentation, but also for researchers, engineers, managers and other specialists working in the field of innovation and technology development.

From Mathematical Theory of Communication to Network Society: a Sociological Transformation

An increasing pace of innovation in telecommunications, information technology has facilitated our society’s transition into what is called the “Information Age”. This work is intended to offer a means of understanding current directions in digital innovation. In 1948, the general theory for electronic communications (Shannon 1948), contributed to a substantial reorganization of our society; some fifty years later, Castells attempts to grasp the relationships between emerging technical, economic, political and cultural trends and helps us understand the processes of change triggered by the convergence of information and communication technologies (ICTs). In this work, starting from the interdisciplinary literature, the main theoretical and practical contributions leading to technological convergence are investigated in order to open a window on the contemporary landscape in semantic web, algorithmic reasoning and social intelligence (Esposito 2022). The resulting framework, although due to the dynamism of the phenomena under consideration, is not meant to be an exhaustive analysis of the relationship between digital tools and society, it rigorously summarizes many of the major technical and social issues open today and, in view of the future expansion of the ICT ecosystem, underscores the urgent need for conscious citizen participation in the information society.

Analysis of the Impact of Green Innovation and Corporate Green Performance

Green innovation plays a crucial role in contemporary enterprise development, and its impact on enterprise green performance is multifaceted and far-reaching. From policy guidance to technology promotion to intellectual property protection, this series of measures together motivate enterprises to be more active in innovation in the field of environmental protection and improve the level of green performance. First, policy support provides enterprises with clear directions and incentives, and through financial incentives, regulations and other means, it promotes enterprises to better fulfill their social responsibilities and accelerates the pace of green innovation. Secondly, the improvement of technology level and the protection of intellectual property rights have provided the technical basis and legal guarantee for green innovation, accelerated the dissemination and application of environmental protection technology, and improved the core competitiveness of enterprises in the field of environmental protection. Finally, from the perspective of industry chain resilience, green innovation makes the whole industry chain more adaptable and growth potential, provides new market opportunities for enterprises, and promotes the upgrading and sustainable development of the whole industry chain. Overall, green innovation not only provides enterprises with a new impetus for development, but also pushes them to fulfill their social responsibilities more actively, and prompts the whole industry chain to move towards a greener, more innovative and sustainable direction.

Data Liberation and Crowdsourcing in Medical Research: The Intersection of Collective and Artificial Intelligence.

In spite of an exponential increase in the volume of medical data produced globally, much of these data are inaccessible to those who might best use them to develop improved health care solutions through the application of advanced analytics such as artificial intelligence. Data liberation and crowdsourcing represent two distinct but interrelated approaches to bridging existing data silos and accelerating the pace of innovation internationally. In this article, we examine these concepts in the context of medical artificial intelligence research, summarizing their potential benefits, identifying potential pitfalls, and ultimately making a case for their expanded use going forward. A practical example of a crowdsourced competition using an international medical imaging dataset is provided. Keywords: Artificial Intelligence, Data Liberation, Crowdsourcing © RSNA, 2023.

Evolving targets for heart failure: the journey so far

The treatment of heart failure has included vasodilators, positive inotropes and most successfully neurohormonal blockade. Recent research has looked at metabolic and immune modulatory approaches, and implantable, mainly electrical devices. The near future in pharmacological research for heart failure remains focused on classic methodologies and small molecules, but despite significant improvements we still know relatively little of the complex interactions in heart failure, particularly for heart failure with preserved ejection fraction. Pharmacotherapy will in future be combined with advances in biotechnology, nanotechnology and devices and a digital revolution will help us to monitor patients at a distance, using wireless devices. Heart failure research has achieved much over the last 4 decades, but the pace of innovation and research has not abated and future advances in this disabling condition are indeed likely.

Evolving targets for heart failure: the journey so far

The treatment of heart failure has included vasodilators, positive inotropes and most successfully neurohormonal blockade. Recent research has looked at metabolic and immune modulatory approaches, and implantable, mainly electrical devices. The near future in pharmacological research for heart failure remains focused on classic methodologies and small molecules, but despite significant improvements we still know relatively little of the complex interactions in heart failure, particularly for heart failure with preserved ejection fraction. Pharmacotherapy will in future be combined with advances in biotechnology, nanotechnology and devices and a digital revolution will help us to monitor patients at a distance, using wireless devices. Heart failure research has achieved much over the last 4 decades, but the pace of innovation and research has not abated and future advances in this disabling condition are indeed likely.

Evolving targets for heart failure: the journey so far

The treatment of heart failure has included vasodilators, positive inotropes and most successfully neurohormonal blockade. Recent research has looked at metabolic and immune modulatory approaches, and implantable, mainly electrical devices. The near future in pharmacological research for heart failure remains focused on classic methodologies and small molecules, but despite significant improvements we still know relatively little of the complex interactions in heart failure, particularly for heart failure with preserved ejection fraction. Pharmacotherapy will in future be combined with advances in biotechnology, nanotechnology and devices and a digital revolution will help us to monitor patients at a distance, using wireless devices. Heart failure research has achieved much over the last 4 decades, but the pace of innovation and research has not abated and future advances in this disabling condition are indeed likely.

Guest Editorial: Digital Technologies A Competitive Advantage Today, a Necessity Tomorrow

_ Having had the privilege of living on three continents, working across multiple industries, and conducting business in several countries, I have seen the impact digital technology has on business, people, and communities. Throughout my career, I have witnessed lifesaving and life-changing digital innovation that changes the trajectory of organizations and industries. As someone who entered the workforce during the dot-com era with a background in computer science, I continue to be amazed by how yesterday’s differentiation becomes today’s necessity … and tomorrow’s obsolescence challenge. The pace of innovation in digital is unprecedented in the annals of human innovation. Personally, I only need to look at my kids to get a sense of that. While we learned to ride a bicycle the same way despite a 3-decade gap, the way we communicate, interact, learn, and create is radically different, enabled by digital platforms that permeate every aspect of life. It is natural therefore to envision that the generations that grow up in these digitally enabled environments will expect, demand, and enable the same degree of digital connectivity in business as they come into and subsequently lead our industry. Oil and gas is an industry that is not just impressive in size, scale, and scope. It is also a sector that deploys technology across the spectrum of breadth and depth. It is unique in that it enables the convergence of several technology domains, including mechanical, material science, hardware, software, automation, instrumentation, artificial intelligence (AI), and others. That, too, in some of the most extreme conditions of temperature, pressure, and accessibility on the planet. Natural business drivers like operational efficiency have been complemented by workforce changes and sustainability agendas to enable this array of technological prowess. In the recent years, companies have leveraged digital as a competitive advantage. Digital technologies have enabled cost efficiencies, speed of operations, and safety enhancements. However, like in other sectors, there are fast followers as well as disruptors who can leapfrog advances. As a result, the industry is embracing digital technology as not just a differentiator, but as an enabler of innovation. The simple reality is that if one doesn’t, they risk being out of the game. Generational Changes One of the biggest drivers I see in the changes taking shape across our industry stems from a convergence of several shifts in the workforce. It is well known that the sector has an aging workforce, and the Great Crew Change is upon us. That, coupled with the fact that we are seeing labor shortages in some markets and that it has become increasingly harder to attract talent into this space, necessitates change. For example, in the post-COVID-19 pandemic era, we are seeing an increased desire to work from home vs. take on rotational work—the jobs that are based in the field are not as appealing as they were a generation ago. In addition, the incoming generation demands that large corporations do more to make a positive impact on the world. And they’re right. We have a duty to act responsibly, to improve quality of life, and reduce environmental impacts. We must think and act differently if we are going to continue competing for top talent—the type of talent that will continue revolutionizing the industry. So, what does that mean? From my perspective, there are a several key areas our industry must continue investing in.

The Evolution of Work from Home

Full days worked at home account for 28 percent of paid workdays among Americans 20–64 years old, as of mid-2023. That’s about four times the 2019 rate and ten times the rate in the mid-1990s. We first explain why the big shift to work from home has endured rather than reverting to prepandemic levels. We then consider how work-from-home rates vary by worker age, sex, education, parental status, industry and local population density, and why it is higher in the United States than other countries. We also discuss some implications for pay, productivity, and the pace of innovation. Over the next five years, US business executives anticipate modest increases in work-from-home rates at their own companies. Other factors that portend an enduring shift to work from home include the ongoing adaptation of managerial practices and further advances in technologies, products, and tools that support remote work.

Does control of corruption play its role in enhancing the innovation? Empirical evidence from Asian region

Purpose In the current competitive era of industrialization, a significant level of innovation is necessary to meet the growing competition. There are many economic forces that determine the pace of innovation within a country. Among others, this study aims to focus on exploring the relevant role of corruption control (CC) in determining the innovation level. Design/methodology/approach For empirical analysis, the authors sample the 24 years of data (1996–2019) of Asian economies and use the fully modified ordinary least square (OLS) and dynamic OLS models to check the regression among variables. The selection of both techniques is based upon the empirical suggestions offered by unit root testing and the Johansen cointegration test. Findings The empirical findings infer the positive and statistically significant role of CC in boosting innovation. Strengthening the corruption-free environment encourages innovation activities within the country. In addition, foreign direct investment has a negative relationship with CC while financial development, economic growth, export volume and government subsidies positively determine the innovation level. Practical implications Based on empirical analysis, it is suggested that the policy officials should do more focus on CC to enhance the competitiveness of the country through more innovation. Originality/value The empirical analysis robust the findings of existing literature in an alternative data set and offers innovative views regarding the role of other factors in boosting the innovation level.

Overcoming Barriers to the Adoption of Recycled Construction Materials: A Comprehensive PEST Analysis and Tailored Strategies

In the face of rampant urbanization, industrialization, and continuous advancements in construction technology, sustainable development in the construction industry becomes increasingly imperative. A promising avenue toward this sustainability is through the adoption of Recycled Construction Materials (RCMs), yet their widespread use remains complex and filled with numerous barriers, signifying an urgent need for the systematic investigation of these obstacles. This study uniquely employs a qualitative PEST (Political, Economic, Social, and Technological) analysis to illuminate the intricate impediments to the adoption and promotion of RCMs. Data for this study were collected through in-depth, semi-structured interviews with a variety of experts in the field. The research identifies substantial barriers within each PEST category. Political factors include regulatory biases and limited funding for RCM research, while economic factors involve the higher costs and limited availability of RCMs. Social aspects revolve around public awareness, safety concerns, and resistance to change within the industry. Technological issues focus on the development, performance, and compatibility of RCMs, the slow innovation pace, and the absence of standardized guidelines. Additionally, this study stands out by suggesting strategic, context-specific recommendations aimed at surmounting these obstacles and further fostering the adoption of RCMs. The solutions proposed are intimately linked to the challenges identified, highlighting the practical value and relevance of this study for guiding future research and policy development in the face of ongoing advancements in construction technology.

Harnessing progress in radiotherapy for global cancer control.

The pace of technological innovation over the past three decades has transformed the field of radiotherapy into one of the most technologically intense disciplines in medicine. However, the global barriers to access this highly effective treatment are complex and extend beyond technological limitations. Here, we review the technological advancement and current status of radiotherapy and discuss the efforts of the global radiation oncology community to formulate a more integrative 'diagonal approach' in which the agendas of science-driven advances in individual outcomes and the sociotechnological task of global cancer control can be aligned to bring the benefit of this proven therapy to patients with cancer everywhere.