Value Of Innovation Research Articles

BLUE OCEAN STRATEGY

The Blue Ocean Strategy, developed by W. Chan Kim and Renée Mauborgne, emphasizes creating new, uncontested market spaces rather than competing in existing markets. This approach is crucial in today’s global economy, where businesses strive for innovation and sustainable growth. By focusing on value innovation and differentiation, the Blue Ocean Strategy provides a means for companies to avoid the intense competition of saturated markets. It encourages businesses to identify unaddressed needs and solve existing problems in novel ways, fostering an environment of creativity and innovation.This article aims to provide a comprehensive understanding of the relevance and importance of the Blue Ocean Strategy in contemporary business practice. It seeks to elucidate the theoretical foundations, strategic frameworks, and practical applications of this innovative strategy. By doing so, the article highlights the benefits and challenges associated with implementing the Blue Ocean Strategy, offering valuable insights for businesses looking to carve out new niches and achieve significant growth.The article conducts an in-depth analysis of the Blue Ocean Strategy, exploring its core principles and strategic tools such as the Strategy Canvas and the ERRC Grid. It examines case studies of successful implementation across various industries, including technology companies like Slack, Tesla, and Netflix. These examples demonstrate how the Blue Ocean Strategy enables companies to create new market spaces, deliver unique value propositions, and achieve long-term competitive advantage by addressing unmet needs and innovating beyond traditional competition. Additionally, the article discusses the practical steps businesses can take to apply these principles and frameworks in their own contexts, ensuring a systematic approach to market innovation and strategic differentiation. This comprehensive analysis provides a robust understanding of how businesses can leverage the Blue Ocean Strategy to navigate the complexities of the modern competitive landscape and drive sustainable success.

Big Data Analytics for Optimizing Multimodal Supply Chains in the Maritime Industry

This research investigates the integration of big data analytics in optimizing multimodal supply chains within the maritime industry. Focusing on efficiency, flexibility, reliability, and visibility, the study examines 100 cadets at a maritime institute, using qualitative research methods and descriptive analysis. Findings reveal a critical need for knowledge and skills, infrastructure and resources, organizational culture and support, and regulatory compliance. The research underscores the importance of investing in training and development, infrastructure, and fostering a culture that values innovation and data-driven decision-making. By addressing these needs, organizations can enhance their readiness to adopt and implement big data analytics, improving the efficiency and sustainability of their supply chains. The study contributes to the understanding of how big data analytics can be leveraged to enhance supply chain performance in the maritime industry.

The amplified effect of market size on innovation: A comparative analysis of pea and wheat seed value chains in France

CONTEXTDespite their interest for agro-ecological transition, grain legumes remain poorly cultivated in France. One reason is the low availability of seed innovations for farmers which, to a large extend, is related to the low incentives to innovate for these crops which represent a small acreage. OBJECTIVEIn this article, we analyze the link between market size and the efforts made to create, diffuse and value innovation. We compare two value chains related to two field crops in France that mainly differ in terms of market size, namely, pea and wheat. Our analysis focuses more specifically on the seed-related innovations created in the upstream part of these value chains. In both of these cases, innovation relies on multiple complementary activities carried out by different actors, including the creation of the innovation, the production and diffusion of technical knowledge, the production and distribution of the innovation, and its valorization by downstream users. METHODSThe two case studies on the pea and wheat sectors were conducted using a qualitative approach based on public documentation, 16 semistructured interviews with various actors in the innovation system of the two value chains and data on commercialized pea and wheat varieties. RESULTS AND CONCLUSIONWe show that the level of investment in each of these activities is highly related to market size. This result is first explained by the fact that part (if not all) of the cost of these activities is fixed; that is, these activity costs do not depend on the diffusion of innovation. This result is also explained by the complementarity of these activities, which makes the investment in one activity less beneficial if the investment in complementary activities is low. As a consequence, the effect of market size on innovation is self-reinforcing in those cases where innovation relies on different activities managed by different actors. SIGNIFICANCEIn agricultural sectors, where there is a need for innovations in both large and small markets, this result calls for an evolution of innovation funding mechanisms to attenuate the impact of market size.

Empirical Research on the Relationship Between Ambidextrous Innovation Value of Cloud Computing and Environmental Characteristics

Empirical Research on the Relationship Between Ambidextrous Innovation Value of Cloud Computing and Environmental Characteristics

Analysis of Innovation and Technology in Banking

As proven by both private and public banks, IT-enabled innovation has had a substantial influence on a range of industries, including banking. These financial institutions value innovation and have achieved success as a consequence of technical breakthroughs. The increased competitiveness has compelled all players to act more rapidly. As a result, public sector banks have experienced substantial transformations, and consumers are now confronted with a slew of new options. These banks, which previously depended on traditional methods, are now proactively getting out to the public through billboards, FM radio, and other media outlets. In addition, endorsements from famous people are becoming more common in government entities. The widespread usage of basic banking processes has increased banks' need to innovate. Client satisfaction increases as a consequence in both public and private banks. The study's purpose is to investigate how new technology affects customer satisfaction in Bhopal's public and commercial banks. Customer data obtained from these banks was reviewed, with substantial results. In terms of innovative successes, private banks outscored state banks, according to the poll. Rising banking rivalry is widely considered to have had an immediate influence on how financial institutions prioritize customer-oriented operations and define company goals. Considering the significance of technology and innovation in the modern economy for strategic management, business development, and economic success, new approaches to understanding the relationship among technological innovation and financial services are critical. These unique strategies are required for gaining an advantage over the competition. With this in mind, the goal of this study is to investigate the basic implications of technological innovation on financial services at the bank's location level, specifically through an examination of customer-facing staff input. According to the findings, information and communication technology is critical to the sector's performance. The paper also examines the empirical study's practical implications, strengths, and limitations.

Differences in the innovation effectiveness of China's new energy vehicle industry policies: A comparison of subsidized and non-subsidized policies

The adjustment of China's new energy vehicle (NEV) industry policies and innovation incentives is currently in progress. This study takes a new perspective by comparing subsidized and non-subsidized policies, and empirically examines their innovation effects on NEV enterprises using the innovation value chain theory. The results indicate that in the previous technology development stage, the subsidized policy exhibits a relatively stronger but volatile impact on incremental innovation, whereas the non-subsidized policy demonstrates a more stable effect on radical innovation. In the latter innovation value realization stage, both policies show a better impact on the short-term innovation value (output value) of NEV enterprises compared to the long-term value (market value). The mediation effect and threshold effect tests show that there is a significant mediating effect of technology development behavior of NEV enterprises in the whole value chain, although the specific mediating pathways and threshold effects are inconsistent, and overall innovation transmission efficiency is insufficient. Moreover, considering the internal ownership of NEV enterprises and external regional innovation atmosphere characteristics, the effects of the two policies also have their own distinct emphases. This study provides new insights for addressing issues related to innovation incentives and policy decisions for NEVs in the post-subsidy era.

Global Englishes-oriented teacher education: lasting shifts

Abstract Despite a growing body of research demonstrating the pluralistic nature of English today, ELT globally still tends to uphold traditional ‘native-speaker’ norms. A Global Englishes language teaching (GELT) approach to teacher education is one way of breaking down that gap, yet it is not well known how the effects of this approach might hold up over time. This article reports on a study of three Sri Lankan teachers who participated in a GELT-oriented pedagogic innovation in 2017 communicating with a diverse group of speakers in the United States. Using interview data, this article discusses how, three years later, their experiences may have affected their pedagogic beliefs and practices. The teachers reported changes such as greater tolerance for informal language, a desire to bring ‘real world’ communication into language classrooms, and an openness to diversity in pronunciation as a means of reducing student anxiety about speaking. These small, meaningful shifts support the value of small-scale GELT teacher education innovations in the long term.

The irruption of autonomous and connected vehicle technologies and the repositioning of the periphery in the European automotive industry

PurposeAutonomous and connected mobility technologies have led to a reconfiguration of the automotive industry value chain. This may involve an impact on the geography of the European automotive industry, especially for peripheral countries. The aim of the paper is to analyse the repositioning of a peripheral country (Portugal) in the core-periphery model of the automotive industry derived from this new technological context.Design/methodology/approachAn eclectic theoretical framework, based on the global value chain (GVC) approach, the spatial division of labour and location theory, supports this research. Moreover, an original empirical study was developed. This study comprised a comparative analysis of two samples of firms based on the key variables related to country position. One sample comprised Portuguese traditional automotive firms and the other Portuguese firms linked to autonomous and connected mobility technologies.FindingsThe results highlight the upgrading of Portugal in the European core-periphery model of the automotive industry. This is due to the presence of domestic firms, especially multinationals, linked to autonomous and connected mobility technologies in the country. The decision power derived from their position on the first levels of supply and the added value of activities and technological innovation of these new actors change the role of the country in the European automotive industry. The main implication is that managers of domestic firms and policy makers in peripheral countries can upgrade a country’s position in the European core-periphery model by shifting its competitiveness toward knowledge-based activities linked to the new mobility technologies.Originality/valueThis research is supported by a novel eclectic theoretical framework based on the global value chain (GVC) approach, the spatial division of labour and location theory. Moreover, country position is analysed through empirical evidence. An original comparative empirical study based on the key variables defined under this theoretical framework was developed.

Strategi Pengembangan Pindang Palembang Menggunakan Model Bisnis Canvas (MBC) Untuk Wisatawan

Pindang Palembang is one of traditional culinary in South Sumatra which had uniqe special taste like sour, salty and sweet flavour. But, this culinary was not popular in tourist who come in Palembang. So, strategy of development for Pindang palembang need to be done. Development strategy was conducted based on BMC (Business Model Canvas) method by interview dan share quitioner with 24 hotels tourist. The initial identification showed that there were 24.39% foreign tourists who interest to Pindang palembang, the number of 45.45% taste was be value proposition, only 33.33% hotels gave offers about Pindang , the number of 30.91% unique was be customer relationships, the easy channel to reached was 85.37% online, the number of 66.67% hotels promoted Pindang palembang, 91.67% hotels had chef and 83.33% had website. By 7 elements, 78% cost structure low but it did’t have appreciations. BMC showed that, there were many factors affected Pindang development such as tourist attractions to Pindang , value of Pindang, mitra, promotion, media online, innovation and competence people who can developed Pindang to be interested taste.

Does digital transformation promote corporate green innovation? Evidence from Integration of Informatization and Industrialization

ABSTRACT Improving green innovation is indispensable for sustainable development. This study uses the gradual promotion of China’s Integration of Informatization and Industrialization (IoII) pilot policy as a quasi-natural experiment and employs the difference-in-difference model (DID) to investigate how enterprise digital transformation affects corporate green innovation. We find that digital transformation significantly promotes corporate green innovation, and the results differed between enterprises with different levels of information disclosure quality and pollution. The mechanism is that digital transformation improves corporate internal governance, reduces agency costs, and attracts more external supervision, supervising management to achieve long-term development goals and stimulating their willingness for green innovation. This study provides new evidence for the implementation effects of the IoII pilot policy and expands research on the green innovation value of digital transformation from the perspective of internal governance and external supervision.

Application of STEEP and Interpretive Structural Modeling in the Design Imagery of Taiwan Public Ceramic Relief Murals

Ceramic relief mural is a contemporary landscape art that is carefully designed based on human nature, culture, and architectural wall space, combined with social customs, visual sensibility, and art. It may also become the main axis of ceramic art in the future. Taiwan public ceramic relief murals (PCRM) are most distinctive with the PCRM pioneered by Pan-Hsiung Chu of Meinong Kiln in 1987. In addition to breaking through the limitations of traditional public ceramic murals, Chu leveraged local culture and sensibility. The theme of art gives PCRM its unique style and innovative value throughout the Taiwan region. This study mainly analyzes and understands the design image of public ceramic murals, taking Taiwan PCRM’s design and creation as the scope, and applies STEEP analysis, that is, the social, technological, economic, ecological, and political-legal environments are analyzed as core factors; eight main important factors in the artistic design image of ceramic murals are evaluated. Then, interpretive structural modeling (ISM) is used to establish five levels, analyze the four main problems in the main core factor area and the four main target results in the affected factor area; and analyze the problem points and target points as well as their causal relationships. It is expected to sort out the relationship between these factors, obtain the hierarchical relationship of each factor, and provide a reference basis and research methods.

INNOVATION ECOSYSTEMS: RESEARCH OF CORPORATE INNOVATION ECOSYSTEMS AND PROSPECTS FOR THE FORMATION OF INTERCORPORATE ECOSYSTEMS IN RUSSIA

The author examines the ecosystem approach, corporate innovation ecosystems and intercorporate innovation ecosystems. Considering the importance of their development for achieving the required pace of innovative development of Russian companies and the Russian economy, the study of their condition and development prospects determines the purpose of this paper. An analysis of the literature revealed an increase in the number of studies on innovation ecosystems and their diversity, indicating the potential for further development of the concept of innovation ecosystems. The analysis of the innovative activity of Russian companies shows that the main indicators reflecting the degree of innovative development in Russia in 2019–2022 are growing, but not enough. The average share of innovation costs in 2020–2022 was 2.1%, and in industry – only 1.7%, there was a reduction in the volume of inter-enterprise cooperation on the development of innovations. The author formulated the definition of a corporate innovation ecosystem as a singular innovation ecosystem established by a given company to create innovative value necessary for its development. The author has also formulated the features of its configuration that determine the logic of its functioning. The results of the study show the high potential for scientific and technological cooperation between Russian companies. Therefore, the author formulated the concept of an Intercorporate Innovation Ecosystem, which is a singular innovation ecosystem created on the initiative of two or more participants by partially integrating their corporate innovation ecosystems into an Intercorporate Innovation Ecosystem. Their aim is to carry out joint innovation activities and then independently commercialise the results. The proposed concept, implemented in accordance with the principles of the ecosystem approach, in terms of contractual relations, as well as implying the development of a single platform or functioning on a multi-platform basis, has theoretical validity and seems applicable in the practice of Russian companies and significant for the development of the Russian economy.

TRANSFORMASI PENDIDIKAN PESANTREN DI ERA MODERN : ANTARA TRADISI DAN INOVASI

The transformation of Islamic boarding school education in Indonesia in the modern era is a complex phenomenon involving tradition and innovation. Islamic boarding schools, as traditional Islamic educational institutions, have the challenge of adapting to rapid developments. This is due to efforts to maintain traditional values ​​while integrating innovation values ​​as the essence of this transformation. This research aims to explain the transformation of Islamic boarding school education, describing the role of tradition and innovation, as well as the challenges and opportunities in aligning these two transformation paradigms. Researchers used qualitative research, with literature study and field study research techniques. The research results show that the transformation of Islamic boarding school education requires a balance between maintaining traditional identity and adopting innovative values, which are related to current educational needs. Education stakeholders must have knowledge about educational transformation, especially when they want to design Islamic boarding school education strategies that are responsive to social, cultural and technological changes.

Mine the past: How to make better risk-based decisions and improve outcomes with historical threat data

The impact of every crisis has the potential to cascade throughout an organisation’s operations, supply chain and market ecosystem. To properly understand and mitigate this ripple of dynamic risk, business continuity, security and risk management leaders need to know where to focus their attention. Looking at historical threat data provides a clearer picture of the risk landscape, helping leaders better anticipate and plan for the future. To date, however, there have been challenges in this process. As the volume of data about critical events continues to grow at an alarming rate, sifting manually through data puts organisations — and business continuity — in jeopardy. This paper discusses the value of historical threat data and innovations in data-mining technology that can unlock the true power of historical data for informed, strategic decision-making and better outcomes during a crisis.

Application of the Triz Model for Evaluating the Potential Innovation Value of a Digital Start-Up Company

Abstract Digital innovations can improve the consumer experience by facilitating more personalized and convenient interactions, enhancing user interfaces, or introducing new features and functions. The potential innovation value rests in the capacity to attract and retain customers, boost customer satisfaction, and cultivate brand loyalty. The objective of this study is to formulate a digital startup strategy based on the potential value of innovation in six areas: strategy and planning, marketing, technological process, quality and environment, logistics, and human resources. This can help startups and stakeholders make informed decisions on how to best allocate resources and efforts to maximize their chances of success. Using a potential value map derived from a questionnaire survey, which held in February 2022, the innovation potential was analyzed. From an interview with the manager, the data served as the basis for developing the strategic plan using the TRIZ technique. Aspects of strategy and planning (2.33) and human resources (2.00) have the lowest score among the six aspects and classified as “B” level. Using the process of the TRIZ method, additional analysis of these two aspects yielded several solutions applicable to the formulation of the company’s strategy. Training regarding the strategic planning of the company is one of the strategies and planning-related solutions. Our study shows that TRIZ model is helpful to handle the identification and find solution of contradictions in problem situation of digital start-up company.

SPIRITUAL HEALTH IN THE SYSTEM OF MECHANISMS FOR IMPLEMENTING GOALS OF THE NEW UKRAINIAN SCHOOL

The article analyzes the role of spiritual culture in the system of priorities of the New Ukrainian School based on domestic scientific research. It is shown that without the introduction of spiritual health into the basic goal-setting structure of the New Ukrainian School, neither systemic value innovations nor meaningful modernization of the educational process are possible. A complex of tasks, the implementation of which ensures the integrity of educational reforms with an orientation on the values of spiritual health, is substantiated. At the same time, the success of educational reforms is ensured by subordinating the main dimensions of the educational process to the task of forming personal spiritual values in the context of the formation of a culture of health, as well as the use of effective educational technologies for the combination of spiritual and value influence and traditional mechanisms for the formation of physical culture and a healthy lifestyle. The innovative features of the New Ukrainian School are identified, which are established on the basis of the priority of the goal of spiritual health formation in the educational process and allow the use of a systemic approach to the constitution of spirituality as the goal of the educational process in combination with motivation for a healthy lifestyle. The multidimensional nature of spiritual values, the transmission of which in the educational system ensures the formation of the spiritual health of its subjects, is indicated, and the main components of the content of this innovative axiological complex in the system of values of the New Ukrainian School are determined. It has been proven that innovative pedagogical technologies act as a direct mechanism of reorientation of education and upbringing in the process of reforms for the purpose of forming the spiritual health of the younger generation. The formation of the foundations of spiritual health of students in the educational process should be determined using a system of empirical indicators which are reduced to generalized and scientifically based characteristics of spirituality. In the real educational process, the system of the specified indicators should be used by teachers taking into account the specific personality traits of each student.

Teaching Reform and Practice of Ideological and Political Education in the Course of Automotive Engine Principles

The course of automobile engine principle is the foundation of vehicle professional learning. The professional knowledge and innovative value contained in the course is an effective carrier to realize moral education.This paper puts forward the implementation plan of "one center and two main lines", which is centered on promoting morality and cultivating people.Four modules, "Engine performance and cycle", "Engine ventilation", "engine fuel and combustion", "Engine characteristics and car matching", are taken as the main line of knowledge teaching."socialist core values, feelings for the family and the country, craftsman spirit, innovative thinking" as the main line of ideological and political education.At the same time, based on the network teaching platform, the whole process of before-class, in-class and after-class teaching is realized.

Digital Economy Development and Green Innovation Efficiency from a Two-Stage Innovation Value Chain Perspective

Resolving the conflict between economic growth and ecological sustainability is crucial when transitioning from traditional economic development towards a sustainable green model. In this context, the super-NSBM model was applied to measure the efficiency of green innovation technology research and development. Additionally, it was applied to measure the efficiency of the green innovation achievement transformation among 30 Chinese provinces. This evaluation was conducted for the period from 2011 to 2021, and it utilized a two-stage innovation value chain perspective. The entropy method was used to comprehensively calculate the digital economy development index, and the impact of digital economy development on the two-stage green innovation effect was empirically explored using SDM. The findings revealed the following: Firstly, both two-stage green innovation efficiency and digital economy development exhibited significant spatial characteristics. Secondly, digital economy development had a positive effect on two-stage green innovation efficiency not only in the local region but also in neighboring regions. This conclusion remained valid throughout a series of robustness tests. Thirdly, in terms of regional heterogeneity, the eastern region and non-resource-based regions had greater digital economy development dividends than the central, western, and resource-based regions; therefore, the effect on two-stage green innovation efficiency was more significant. Lastly, both intellectual property protection and data factor endowment exerted positive moderating effects on the influence of the digital economy on two-stage green innovation efficiency. The conclusions of this research provide a theoretical backing for and empirical proof of the mechanism of digital economy development and its impact on two-stage green innovation efficiency. Policy implications are suggested based on these findings, such as reinforcing digitalization, establishing targeted policies, and fostering a favorable external environment conducive to technological innovation.

Uncaptured value in sustainable business model innovation: the missing link

PurposeThe purpose of this systematic literature review is to understand what the phenomenon of uncaptured value is, identify where it is operationalized and explore how it can be transformed into value opportunities. Uncaptured value in sustainable business model innovation can lead to new value creation which, in turn, can promote practices of innovation, sustainability and inclusiveness.Design/methodology/approachA systematic literature review was conducted using eight databases to identify 47 articles using the phrase sustainable business model innovation along with the terms value uncaptured, value surplus, value absence, value missed and value destroyed.FindingsThe findings have identified that uncaptured value is reoccurring in sustainable business model innovation but is left as the missing link. This paper outlines the novelties of uncaptured value in sustainable business model innovation into a framework that can be used for future research, which is also discussed, concluded and suggested.Originality/valueA framework for the continued research on uncaptured value in sustainable business model innovation with an emphasis on influences, operationalization and practices has been created to further the research frontier and capture the missing link.

Sequential innovation and contribution distribution: measurement from game live-streaming industry

Profit distribution in sequential innovation is a crucial yet relatively unexplored area of empirical research. With novel cross-section data from the game live-streaming industry, we are the first to assess the contribution shared by initial and follow-on innovators empirically. Unlike the complex innovation paths of patents, the copyright structure within the game live-streaming industry is clear and concise, enabling direct measurement of innovation value. At the industry’s average level, the share stands at 1:2 between game producers and streamers. This measurement remains robust even after controlling for income levels and distinguishing between professionals and amateurs. Nevertheless, significant heterogeneity exists across different game genres. We suggest that a balanced distribution scheme between initial and follow-on innovators should seriously consider their contribution shares.