| 1. |
- Parida, Vinit, et al.
(författare)
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Realization of open innovation : a case study in manufacturing industry
- 2014
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Ingår i: Journal of Promotion Management. - : Informa UK Limited. - 1049-6491 .- 1540-7594. ; 20:3, s. 372-389
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Tidskriftsartikel (refereegranskat)abstract
- Continuous innovation is regarded as an imperative for most companies. In this regard, open innovation suggests a successful approach to new product development, wherein the emphasis is on external collaboration. Previous research has provided examples from some industries, whereas mature and traditional companies such as manufacturing firms have gained limited interest. Thus, this paper seeks to answer two critical questions: why should manufacturing companies shift toward open innovation approaches and how can they adopt open innovation for product development. Based on case study in two companies, a list of opportunities, challenges, and efforts for organizational change toward open innovation are discussed.
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| 2. |
- Lindhult, Erik, et al.
(författare)
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Value logics for service innovation : practice-driven implications for service-dominant logic
- 2018
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Ingår i: Service Business. - : Springer. - 1862-8516 .- 1862-8508. ; 12:3, s. 457-481
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Tidskriftsartikel (refereegranskat)abstract
- Service-dominant logic (SDL) provides a conceptual understanding of and widens the view on value creation in service innovation for product-centric companies. However, empirical research linking SDL and service innovation is still limited albeit expanding. This study provides insights beyond existing discussions on product and service dimensions using the theoretical lens of the value logic perspective. More specifically, the purpose of this study is to examine how value can be understood, targeted, and created in the pursuit of service innovation by product-centric manufacturing companies. Building on a previous investigation of two multinational product-centric manufacturing companies, this paper identifies and develops a theoretical model to describe the space shift in service innovation with four different kinds of value logics, namely, product-based value logic, service-based value logic, virtual-based value logic, and systemic-based value logic. Using a digitalization-driven new service innovation, namely the My Control System, which is a web-based service delivery platform, this paper describes space shifts to enhance value through four value logics as efforts. Further, challenges associated with different value logics are described in terms of complexity traps and service gaps. The study also contributes to bridging the gap between SDL theory and practice by developing a midrange theoretical model for value creation as a specification and amendment to SDL that supports SDL-guided service innovation and servitization in practice.
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| 3. |
- Fyrberg, Anna, 1980-, et al.
(författare)
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What about interaction? Networks and brands as integrators within service-dominant logic
- 2009
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Ingår i: International Journal of Service Industry Management. - UK : Emerald. - 0956-4233 .- 1758-6704 .- 1757-5818 .- 1757-5826. ; 20:4, s. 420-432
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Tidskriftsartikel (refereegranskat)abstract
- The paper conceptualizes the key actors involved in the co-creation process as Brand Governor, Providers and Customers. In addition, it proposes an advancement of the service brand-relationship-value triangle introduced by Brodie et al. by linking the key processes and actors in the triangle. It is found that the network approach provides a deeper understanding of how actors integrate with one another and how this interaction leads to co-created outcomes that can be translated into value
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| 4. |
- Golubeva, Olga, 1965-
(författare)
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Foreign Investment Decision-Making in Transition Economies
- 2001
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Doktorsavhandling (övrigt vetenskapligt/konstnärligt)abstract
- The purpose of this project is to describe and explain the foreign investment decision process in the uncertain and turbulent environment of transition economy. By getting an in-depth understanding of how decision-making works in the environment of transition economy, the study intends to contribute to the development of business administration theory in the area of foreign investment decision-making, particularly its application in the turbulent and uncertain world.Theoretical ‘blocks’, elaborated on the basis of literature study, include the following concepts: the framework of transition economy; initial motivation (or reasons) of companies to make foreign direct investments (FDI); investigation of the investment climate and information collection methods; project evaluation and investment decision criteria; risk assessment factors and risk reduction measures.Transition economy is defined in the study as ‘a non-planned, non-market economy’ where the new emerging market institutions coexist with the bureaucracy and hierarchy inherited from the old administrative system. Investment projects, therefore, should probably be seen as being under institutional influence from both the local (i.e. transition economy) and the Western investor’s home country environments. The empirical data presented in the paper also shows that it is necessary to establish the relevant economic, legal, political and social institutions in order to attract FDI. The study further includes the analysis of the main components and features of transition economies and their influence on FDI decision-making.One of the results of the study is that FDI decision-making in transition economies is largely consistent with different theoretical approaches suggested in the literature. On the other hand, the empirical support obtained for different theoretical approaches is often questionable and opened to alternative interpretations. The presented project suggests that theoretical perspectives do not preclude each other, but rather have a complimentary character.The study attempts to contribute to the mainstream FDI theories through a firm-level approach based on the case studies. Two in-depth case studies are presented in the paper: Ericsson’s direct investments in Russia and Vattenfall’s investments in the Baltic countries. A formal questionnaire based on the parameters of theoretical ‘blocks’ was created and 25 top executives from Ericsson and Vattenfall who participated in FDI decision-making were surveyed. The empirical investigation took place during the period 1997 - 1998 with partial updating of the cases during the year 2000. The study shows that where companies confront stable environments, investment decision routines and procedures will be less necessary and important than where market uncertainty is high. The strong appreciation of the local business partners for properly done investment calculations increases the importance of capital budgeting in transition economies more than in developed market economies.Besides, traditional investment appraisal methods provide managers with an ‘objective’ or ‘materialistic’ feedback for the decision-making in the rapidly changing uncertain environment. On the other hand, the study emphasises the importance of strategy over financial techniques and argues that FDI decisions in transition economies should be based on methods consistent with the company’s long-term objectives. In case of permanent changes, new approaches as well as better co-ordination of traditional techniques with strategic, political, historical, geographical and cultural issues are required.Ericsson’ s direct investments in Russia are presented in the paper in connection with other factors: the company’s historical involvement in Russia, marketing strategy, human resource development, privatisation and restructuring of the telecommunication sector in Russia, etc. Nordic Electric Power Co-operation (Nordel), the EU’ s decision in 1996 to create an internal electricity market in Europe, Baltic ring study, future plans to privatise the energy companies in the Baltic countries, etc., are the framework to present the second case.An application of project evaluation and risk assessment techniques for broader and more complicated environments shows that investment decision-making is probably as much, if not more, a social, political and cultural technology as an economic one. The study argues then that the rational choice decision-making model often co-exists with alternative models elaborated in social science - limited rationality, political and garbage can.According to the empirical data, the investment decisions are largely based on intuition, business experience and judgement, personal contacts with representatives from the local country, and these investment criteria are inevitable and acceptable in a situation of total chaos and permanent change. The right chosen partner, for example, is one of the major criteria for the success of the investment project in a transition economy. One of the outcomes of this study is that the revitalised form of investment decision-making will differ rather markedly from much of what has gone before: less emphasis on the quantitative aspects of capital budgeting, more on the qualitative aspects of companies and investment environment.The project also argues that determinants, approaches and criteria of investment activity in transition economies are largely consistent with patterns observed in other parts of the world. A few specific environmental conditions of transition economies, however, are shown in the study to affect the pattern of FDI decision-making. The level of turbulence is still different compared to the developed market economies due to uncertainties and unpredictibilities associated with environment of transition economies. Other major differences are the large power distance with authoritarian leadership, strong hierarchy and bureaucracy as well as the vital role of personal contacts in transition economies. It is not clear, however, if these features of transition economies should be seen as inherited from the past communist system or as an alternative way to organise the economic actors through networks, a way that is natural and appropriate for the majority of Asian societies.
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| 5. |
- Parida, Vinit, et al.
(författare)
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A study of how ICT capabilities can influence dynamic capabilities
- 2016
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Ingår i: Journal of Enterprise Information Management. - : Emerald Group Publishing Limited. - 1741-0398 .- 1758-7409. ; 29:2, s. 179-201
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Tidskriftsartikel (refereegranskat)abstract
- Purpose - Prior studies have argued that small firms with dynamic capabilities can revise and reconfigure their internal resources to meet the uncertainties of their business environment. However, there is a lack of understanding of how they can develop such critical capabilities. In this study, we propose that small firms can employ information and communication technology (ICT) capabilities as a facilitator for developing dynamic capabilities. Thus, the study builds on resource-based view (RBV) literature and and information systems (IS) literature by examining the influence of ICT capabilities on the dynamic capabilities of small firms.Design/methodology/approach - Several hypotheses were tested by analyzing the survey data from 291 small high-technology firms in Sweden.Findings - The results reveal that ICT capabilities influence dynamic capabilities of small firms. More specifically, the ICT use for internal efficiency positively influences adoptive capabilities, collaborative use of ICT positively influences networking capabilities, and ICT use for communications positively influences both adaptive and innovation capabilities. Consequently, the results suggest that the different components of ICT capabilities facilitate the development of the different organizational capabilities that together represent dynamic capabilities and thus, can contribute to a small firm’s competitive advantage.Practical implications - This study has few implications for the managers and CEO’s of small high-technology firms. Firstly, by prioritizing ICT capabilities, small firms can benefit from the development of dynamic capabilities that will support them to meet the challenges of turbulent business environment. Secondly, because small firms usually lack internal resources (i.e., financial resources and competence), the study provides more specific direction on how they can strategically invest and build different components of ICT that will positively influence their adaptive, absorptive, innovative and network capabilities.Originality/value – The study provides an alternative view of how ICT capabilities influence the performance of small firms, and outlines how such capabilities influence the development of dynamic capabilities. Therefore, the study in hand contributes to the RBV and IS literature by specifically linking the components of ICT capabilities to dynamic capabilities and its related sub-capabilities.
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| 6. |
- Aaboen, Lise, 1978, et al.
(författare)
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Incubator performance : An efficiency frontier analysis
- 2008
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Ingår i: International Journal of Business Innovation and Research. - 1751-0252 .- 1751-0260. ; 2:4, s. 354-380
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Tidskriftsartikel (refereegranskat)abstract
- Assessments and evaluations of incubators has been a topic of discussion for as long as incubators have been in existence due to the fact that there has not been an agreement on how to determine good performance. This paper demonstrates the use of Data Envelopment Analysis (DEA) when studying performance of incubators. More specifically, it does so within the four dimensions of cooperation with universities, business networks, external funding and competence development on a sample of 16 Swedish incubators. We show that DEA enables us to measure non-numerical dimensions, and to simultaneously take into account the efforts made by both the incubator and the outcomes. Moreover, DEA provides benchmarks and, based on a model that divides the incubators into four different groups, illustrates the difference between the benchmark and the incubators' current situation.
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| 7. |
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| 8. |
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| 9. |
- Fredrik, Jörgensen, 1971-, et al.
(författare)
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Legal Rights Matter : Evidence from Panel Data on Creditor Protection and Debt
- 2008
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Ingår i: International Finance Review. - Bingley : Emerald Group Publishing Limited. - 1569-3767. ; 9, s. 303-336, s. 303-336
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Tidskriftsartikel (refereegranskat)abstract
- Using panel data derived from recent financial statements, we examine the relationship between changing creditor protection and leverage (and debt maturity) in a number of emerging market countries located in Central and Eastern Europe. We examine unlisted firms, which are more likely than listed companies to face credit constraints. Our main hypothesis is whether unlisted firms change their leverage and debt maturity as creditor rights increase. We confirm this to be the case at both the country- and firm-level; our findings are robust to alternative econometric specifications and inclusion of countrylevel and firm-level controls. We also find that legal origin is related to the level of debt and its maturity.
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| 10. |
- Schultz Nybacka, Pamela, 1971-
(författare)
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Bookonomy : The Consumption Practice and Value of Book Reading
- 2011
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Doktorsavhandling (övrigt vetenskapligt/konstnärligt)abstract
- In contemporary society, book readers are increasingly being valued as consumers. Literacy and reading are often subjected to an economic logic and seen as constituting economic operations in themselves. The overall research objective is to explore whether and to what extent book reading as consumption practice belongs with traditional understandings of economy and culture, consumption and value. This entails studies on different levels: theoretical, methodological and meta-theoretical. The main thesis is that we need to envision another mode of economy related to books and reading, captured in the concept of “bookonomy”.The methodological problems connected to the empirical study of consumption practice can be dealt with constructively if we engage consumers in complementary experimental activities. Visual sessions can contribute directly by: 1.) contextualizing practices in everyday life; 2.) exhibiting visible, material aspects, etc.; 3) uncovering invisible aspects such as the art and logic of practice. Using an abductive approach to science and several types of qualitative data, the study puts consumption practice in a new light.Several logics of book reading are uncovered: distributive, encompassing, additive, geometric, accounting, erosive, and depository. These logics of practice are better understood as consummation, rather than consumption. The meta-theoretical study suggested that unlike economic theory that teaches the allocation of scarce resources to meet infinite needs, bookonomy denotes an underlying pattern of complementary logics that gather together and distribute surplus, both historically and as driver into industrial mass production and post-scarcity. Where economic theory distinguishes between value-in-use (utility), value-in-exchange (value) and value-in-money (price), bookonomic value is an epiphenomenal type of value that simultaneously draws on, takes hold of, and deals out surplus. It is a surplus-to-surplus value-in-store, with a distributive logic at heart.
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