Radical Product Innovation In Network Economies

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Radical Product Innovation in Network Economies

Author : Philipp Leutiger
Publisher : diplom.de
Page : 112 pages
File Size : 46,9 Mb
Release : 2002-07-24
Category : Business & Economics
ISBN : 9783832456580

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Radical Product Innovation in Network Economies by Philipp Leutiger Pdf

Inhaltsangabe:Abstract: The focus of this thesis is set on radical product introductions in network markets. It appears that these have to overcome significant impediments to reach critical mass in the form of network externalities. A literature overview of economic analysis in this field, including network types, value of networks, path dependencies and lock-ins, as well as a detailed critique of these frameworks, is provided. We then discuss several possible avenues to overcome these challenges, some of which relate to the optimal boundaries of the firm, as well as some which attempt to tackle market externalities. From these, a market based framework will be developed as a guideline for radical product introductions into network economies. We analyse business cases in light of this framework in a selection of historic examples. In addition, as we find that contradictory arguments abound in chapter three, a second approach is proposed tentatively as basis for further research. Besides it s theoretic approach this thesis also provides real world examples from different geographic areas, such as the U.S., Europe and Japan. A special emphasis will be put on the market of payment solutions now emerging in Europe, and, in particular, on the German start-up Paybox.net AG. Inhaltsverzeichnis:Table of Contents: ContentsI AcknowledgementsIII List of FiguresIV List of TablesV List of AbbreviationsVI List of SymbolsIX AbstractX 1.Introduction1 1.1The Business Challenge1 1.2Scope and Outline of this Thesis2 1.3Establishing an M-Payment System: The Story of Paybox.net AG4 2.The Environment: Impediments for Product Introductions6 2.1Chapter Overview6 2.2Radical Innovations and Network Economies6 Introducing a Radical Innovation6 An Introduction to Networks10 Types of Networks14 Value of Networks18 2.3"New Economics"21 Increasing Returns21 Commitment and Lock-In22 New Rules?25 2.4Market Environment for Payment Systems31 Success Factors for Payment Systems31 Cashless Payment Processes33 Potential Innovators in the Payment Arena34 Summary: Payment Systems and the Theories of "New Economics"38 3.Remedies: Tackling Network Externalities40 3.1Chapter Overview40 3.2The Radical Innovator41 The Vertical Silo41 The Atomizer42 The Independent Team44 3.3Market Success Factors46 Open System Strategies versus Proprietary Network Control46 Focusing on Niche Markets51 Expectations Management53 Favorable Resource Allocation to [...]

Fast Second

Author : Constantinos C. Markides,Paul A. Geroski
Publisher : John Wiley & Sons
Page : 211 pages
File Size : 44,5 Mb
Release : 2004-09-24
Category : Business & Economics
ISBN : 078797689X

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Fast Second by Constantinos C. Markides,Paul A. Geroski Pdf

Discover why being a "fast second" is often more financially rewarding than being at the cutting edge. If you get there first, you'll lead the pack, right? Not necessarily! The skill-sets of most established companies, say strategy experts Constantinos Markides and Paul Geroski, are far better suited to scaling up newly created markets pioneered by others (in other words, being "fast seconds") than to creating these markets from scratch. In Fast Second, they explore the characteristics of new markets, describe the skills needed to create and compete in them, and show how these skills match up with different types of companies. Drawing on examples of successful fast-second firms such as Microsoft, Amazon, Canon, JVC, Heinz, and many others, they illustrate how to determine which new markets have the potential to be successful and how to move into them before the competition does, when to make a move into a new market, how to scale up a market, where to position a company in the market, and whether to be a colonizer or a consolidator. Order your copy today!

Patterns of a Network Economy

Author : Börje Johansson,Charlie Karlsson,Lars Westin
Publisher : Springer Science & Business Media
Page : 311 pages
File Size : 42,9 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9783642788987

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Patterns of a Network Economy by Börje Johansson,Charlie Karlsson,Lars Westin Pdf

Network economics is a new, rapidly developing field. In this volume theoretical and empirical contributions are collected, each deals with different aspects of the network economy. The book assesses networks as a complement to pure market relations and studies innovation networks and strategic alliances among innovative corporations. Product differentiation and specialization in reciprocal networks are emphasised as a strategy of sustainable development. The book presents econometric methods of barrier and network analysis, including communication and trade patterns.

Innovation Communities

Author : Klaus Fichter,Severin Beucker
Publisher : Springer Science & Business Media
Page : 356 pages
File Size : 49,7 Mb
Release : 2012-01-05
Category : Business & Economics
ISBN : 9783642221279

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Innovation Communities by Klaus Fichter,Severin Beucker Pdf

Self-organising networks have become the dominant innovators of complex technologies and radical innovation. The growing need for co-operation to ensure innovation success calls for a broader understanding of what makes innovation projects successful and requires new concepts. The book introduces the new concept of “innovation communities”, defining them as informal networks of like-minded individuals who act as innovation promotors or champions. These key figures come from various companies and organisations and will team up in a project-related fashion, jointly promoting a certain innovation, product or idea either on one or across different levels of an innovation system. The publication presents findings from surveys that demonstrate that networks of champions are a success factor in radical innovation. Five case studies of noteworthy innovation projects illustrate why the collaboration of champions can make innovation projects more successful. Furthermore, the book presents hands-on methods and includes best-practice cases and guidelines on how to develop innovation communities. This publication comprises empirical findings and practical experiences that are valuable for the following groups in particular: Entrepreneurs; Innovation, R&D, and network managers; Innovation and strategy consultants; Innovation and start-up intermediaries; Innovation researchers; Government officials and politicians responsible for R&D and innovation programmes and funding

Innovation and Institutions

Author : Steven Casper,Frans van Waarden
Publisher : Edward Elgar Publishing
Page : 324 pages
File Size : 49,5 Mb
Release : 2005-01-01
Category : Business & Economics
ISBN : 184542672X

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Innovation and Institutions by Steven Casper,Frans van Waarden Pdf

The idea behind this book is that institutions are important when it comes to explaining the specialisation and performance of national innovation systems. The idea is not new. But largely the institution-concept has remained somewhat vague and unspecified in the literature. This book is valuable since it succeeds in opening up the black box of institutions and organisations. The distinction between institutions at different levels and how they link up and form a systemic whole is especially original and fruitful. The interdisciplinary team behind the book has also produced a welcome antidote to the current tendency to benchmark innovation systems exclusively on the basis of quantitative indicators. The analysis demonstrates that some national systems do better in some specific areas because of being supported by institutions that are sometimes deeply rooted in history and culture. This is why imitating best-practice across countries is not a straight forward thing to do. Bengt-Åke Lundvall, Aalborg University, Denmark Innovation and Institutions is an extensive elaboration on the make up of systems of innovation. It examines why some countries are more innovative than others, why national styles of innovation differ, and goes on to explore why some countries make radical innovations but fail to successfully market them, whilst others making incremental innovations have more commercial success. The book draws on a variety of different literatures and perspectives to illustrate the organizational and institutional dimensions of national innovation systems. Literatures discussed include the economics of innovation, organizational sociology, administrative science, institutional economics, organizational learning, network analysis, business systems, economic governance and regulation. This truly interdisciplinary book will be invaluable to academics and researchers focussing on innovation in a wide range of fields. It will also strongly appeal to practitioners and policymakers concerned with innovation.

The Guidance of an Enterprise Economy

Author : Martin Shubik,Eric Smith
Publisher : MIT Press
Page : 591 pages
File Size : 42,8 Mb
Release : 2022-11-01
Category : Business & Economics
ISBN : 9780262546775

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The Guidance of an Enterprise Economy by Martin Shubik,Eric Smith Pdf

A rigorous theory of money, credit, and bankruptcy in the context of a mixed economy, uniting Walrasian general equilibrium with macroeconomic dynamics and Schumpeterian innovation. This book offers a rigorous study of control, guidance, and coordination problems of an enterprise economy, with attention to the roles of money and financial institutions. The approach is distinctive in drawing on game theory, methods of physics and experimental gaming, and, more generally, a broader evolutionary perspective from the biological and behavioral sciences. The proposed theory unites Walrasian general equilibrium with macroeconomic dynamics and Schumpeterian innovation utilizing strategic market games. Problems concerning the meaning of rational economic behavior and the concept of solution are noted. The authors argue that process models of the economy can be built that are consistent with the general equilibrium system but become progressively more complex as new functions are added. Explicit embedding of the economy within the framework of government and society provides a natural, both formal and informal, control system. The authors describe how to build and analyze multistate models with simple assumptions about behavior, and develop a general modeling methodology for the construction of models as playable games.

Applying Innovation

Author : David O'Sullivan,Lawrence Dooley
Publisher : SAGE Publications
Page : 424 pages
File Size : 44,5 Mb
Release : 2008-06-23
Category : Business & Economics
ISBN : 9781452285818

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Applying Innovation by David O'Sullivan,Lawrence Dooley Pdf

A step-by-step approach to applying high-impact innovation principles in any organization Innovation is an important force in creating and sustaining organizational growth. Effective innovation can mean the difference between leading with a particular product, process, or service—and simply following the pack. Innovation transforms mediocre companies into world leaders and ordinary organizations into stimulating environments for employees. Applying Innovation combines the key ingredients from areas including innovation management, strategic planning, performance measurement, creativity, project portfolio management, performance appraisal, knowledge management, and teams to offer an easily applied recipe for enterprise growth. Authors David O'Sullivan and Lawrence Dooley map out the main concepts of the innovation process into a clear, understandable framework—the innovation funnel. Unlike other texts for this course, Applying Innovation goes beyond methodologies and checklists to offer an invaluable step-by-step approach to actually applying high-impact innovation in any organization using a knowledge management systems, whether for a boutique firm or one comprised of thousands of individuals. Key Features: Adopts a practical approach to overseeing innovation that focuses on useful tools and techniques rather than on theory and methodologies Offers student activities within the text for immediate application of key concepts, reinforcing retention and comprehension Teaches students to build and apply effective innovation management systems for any organization successfully, regardless of the firm's size or structure Intended Audience: Applying Innovation is designed for undergraduate and graduate courses such as Innovation Management, Project Management, Strategic Planning, and Performance Management in fields of business, science, and engineering. This book appeals to instructors who want to reduce the "chalk and talk" and increase the hands-on practicality of their courses in innovation management.

Strategic Management (color)

Author : Anonim
Publisher : Unknown
Page : 325 pages
File Size : 50,7 Mb
Release : 2020-08-18
Category : Electronic
ISBN : 1949373940

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Strategic Management (color) by Anonim Pdf

Strategic Management (2020) is a 325-page open educational resource designed as an introduction to the key topics and themes of strategic management. The open textbook is intended for a senior capstone course in an undergraduate business program and suitable for a wide range of undergraduate business students including those majoring in marketing, management, business administration, accounting, finance, real estate, business information technology, and hospitality and tourism. The text presents examples of familiar companies and personalities to illustrate the different strategies used by today's firms and how they go about implementing those strategies. It includes case studies, end of section key takeaways, exercises, and links to external videos, and an end-of-book glossary. The text is ideal for courses which focus on how organizations operate at the strategic level to be successful. Students will learn how to conduct case analyses, measure organizational performance, and conduct external and internal analyses.

Trends in Mathematical Economics

Author : Alberto A. Pinto,Elvio Accinelli Gamba,Athanasios N. Yannacopoulos,Carlos Hervés-Beloso
Publisher : Springer
Page : 383 pages
File Size : 49,9 Mb
Release : 2016-07-30
Category : Business & Economics
ISBN : 9783319325439

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Trends in Mathematical Economics by Alberto A. Pinto,Elvio Accinelli Gamba,Athanasios N. Yannacopoulos,Carlos Hervés-Beloso Pdf

This book gathers carefully selected works in Mathematical Economics, on myriad topics including General Equilibrium, Game Theory, Economic Growth, Welfare, Social Choice Theory, Finance. It sheds light on the ongoing discussions that have brought together leading researchers from Latin America and Southern Europe at recent conferences in venues like Porto, Portugal; Athens, Greece; and Guanajuato, Mexico. With this volume, the editors not only contribute to the advancement of research in these areas, but also inspire other scholars around the globe to collaborate and research these vibrant, emerging topics.

Modeling Economic Growth in Contemporary Malaysia

Author : Bruno S. Sergi,Abdul Rahman Jaaffar
Publisher : Emerald Group Publishing
Page : 253 pages
File Size : 55,9 Mb
Release : 2021-02-12
Category : Business & Economics
ISBN : 9781800438088

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Modeling Economic Growth in Contemporary Malaysia by Bruno S. Sergi,Abdul Rahman Jaaffar Pdf

This book considers crucial changes to Malaysian economic areas and social well-being. The chapters cover diverse industries such as IT, green technology, retailing, banking, tourism and hospitality, education, logistics, finance, banking, and many others.

Learning and Innovation in Organizations and Economies

Author : Bart Nooteboom
Publisher : OUP Oxford
Page : 362 pages
File Size : 44,5 Mb
Release : 2000-10-26
Category : Business & Economics
ISBN : 9780191591310

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Learning and Innovation in Organizations and Economies by Bart Nooteboom Pdf

This book develops a general 'logic', or heuristic of discovery, to explain the emergence of novelty in individual thought, organizations, industries, and economies. It draws on a variety of literatures, discussing theories of organizational learning, evolutionary and institutional economics, knowledge and language. It brings these together in a unifying framework, and applies that for an analysis of innovation systems and the management of learning. Unification is based on the resource or competence-based view in economics, in combination with a theory of learning by interaction. The central theme of the book is the relation between stability and change. In business literature this theme appears in the relation between exploitation and exploration. In evolutionary economics it appears in the relation between selection and adaptation. The general heuristic shows how exploitation can provide the basis for exploration. The analysis is illustrated with many phenomena and empirical results from the different literatures.

Innovation Systems in Small Catching-Up Economies

Author : Elias G. Carayannis,Urmas Varblane,Tonu Roolaht
Publisher : Springer Science & Business Media
Page : 415 pages
File Size : 47,5 Mb
Release : 2011-12-14
Category : Business & Economics
ISBN : 9781461415480

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Innovation Systems in Small Catching-Up Economies by Elias G. Carayannis,Urmas Varblane,Tonu Roolaht Pdf

In several parts of the world, countries are undergoing economic, social, and political transitions, enhanced and accelerated by the forces of globalization. These transition economies can serve as laboratories for understanding the innovation process. This volume features original theoretical and empirical research. It offers the first comprehensive view of innovation system development in the context of small catching-up economies. Smallness, path dependency, and latecomer status of such economies create some inherent limitations for their innovation systems, but these special characteristics can offer advantages as well. For example, smallness is often related with increased flexibility and shorter reaction times, while latecomers can benefit from earlier experiences of their more advanced neighbors. Path-dependency highlights the fact that the innovation system development processes are considerably influenced by the past experience of a particular country or region. By incorporating these features into an integrated analysis, the authors address such questions as: · What special features characterize the innovation system development in small catching-up economies? · What are the causes for innovation success or failure? · How do organizational capabilities and internationalization tendencies relate to company level innovations? · What is the role of human capital and social factors in the innovation process? · How can various policies support innovation in an integrated manner? Drawing from research about Europe, Asia, and Latin America, the authors provide readers with a systemic view of the innovation system development in small catching-up economies. They discuss the unique features of this development and contribute to an in-depth understanding of various determinants and their impacts on the innovation process. The policy implications will offer a set of normative guidelines for enhancing innovation system development.

Innovation, Science, and Institutional Change

Author : Jerald Hage,Marius Meeus
Publisher : OUP Oxford
Page : 592 pages
File Size : 50,8 Mb
Release : 2006-10-26
Category : Business & Economics
ISBN : 9780191516443

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Innovation, Science, and Institutional Change by Jerald Hage,Marius Meeus Pdf

Innovation is central to the dynamics and success of organizations and society in the modern world, the process famously referred to by Schumpeter as 'gales of creative destruction'. This ambitious and wide ranging book makes the case for a new approach to the study of innovation. It is the editors' conviction that this approach must accomplish several objectives: it must recognise that innovation encompasses changes in organizations and society, as well as products and processes; it must be genuinely interdisciplinary and include contributes from economics, sociology, management and political science; It must be international, to reflect both different patterns or systems of innovation, and different research traditions; and it must reflect the fundamental changes taking place in science, research and knowledge creation at all levels. To this end they have gathered together a distinguished group of economists, sociologists, political scientists, and organization, innovation and institutional theorists to both assess current research on innovation, and to set out a new research agenda. This has been achieved through careful planning and development of the project, and also through the ensuing structure of the book which looks in turn at Product and Process Innovation (perhaps the best established focus of existing research on innovation), Scientific Research (assessing the changing character of basic research and science policy); Knowledge Dynamics in Context (encompassing organizational learning in all its aspects); and Institutional Change (an analysis of the institutional context that can shape, enable and constrain innovation). This carefully integrated and wide ranging book will be an ideal reference point for academics and researchers across the Social Sciences interested in all dimensions of innovation - be they in the field of Management Studies, Economics, Organization Studies, Sociology, Political Science and Science and Technology Studies.

Economics: Concepts, Methodologies, Tools, and Applications

Author : Management Association, Information Resources
Publisher : IGI Global
Page : 1803 pages
File Size : 48,5 Mb
Release : 2015-06-30
Category : Business & Economics
ISBN : 9781466684690

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Economics: Concepts, Methodologies, Tools, and Applications by Management Association, Information Resources Pdf

Organizations, governments, and corporations are all concerned with distributing their goods and services to those who need them most, consequently benefiting in the process. Only by carefully considering the interrelated nature of social systems can organizations achieve the success they strive for. Economics: Concepts, Methodolgies, Tools, and Applications explores the interactions between market agents and their impact on global prosperity. Incorporating both theoretical background and advanced concepts in the discipline, this multi-volume reference is intended for policymakers, economists, business leaders, governmental and non-governmental organizations, and students of economic theory.

Public–Private Innovation Networks in Services

Author : Faïz Gallouj,Luis Rubalcaba,Paul Windrum
Publisher : Edward Elgar Publishing
Page : 519 pages
File Size : 42,9 Mb
Release : 2013-01-01
Category : Business & Economics
ISBN : 9781781002667

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Public–Private Innovation Networks in Services by Faïz Gallouj,Luis Rubalcaba,Paul Windrum Pdf

ÔFor too long the prevalent view has been that the public and private sectors differ dramatically when it comes to innovation. This book takes a radically different tack, not as a rhetorical stance, but as the basis for fruitful empirical analysis. The studies here show that public service organizations and their leaders can be innovative in their own right. The contributions made here provide insights that will productively inform future research and practice.Õ Ð Ian Miles, University of Manchester, UK This book is devoted to the study of publicÐprivate innovation networks in services (ServPPINs). These are a new type of innovation network which have rapidly developed in service economies. ServPPINs are collaborations between public and private service organizations, their objective being the development of new and improved services which encompass both technological and non-technological innovations. The book presents in-depth empirical research from different service sectors across Europe in order to explore the nature of these publicÐprivate collaborations. It elucidates the processes of formation, entrepreneurship and management, the types of innovations ServPPINs generate, and the nature of the public policies required to support them. This multidisciplinary book will appeal to academics and students in economics, management, and the sociology of services and innovation. Managers in the public and private service sector and public authorities will also find much to interest them.