Journal of Knowledge Management, Economics and Information Technology

This paper examines the effects of business models and strategic growth factors on organization value creation. This paper addresses the research question by using Nestle Nigeria Plc. as a case study with 180 sample size as respondents to test the hypotheses. This study uses regression analysis method to investigate business models and strategic growth factors contribution to organization value creation. The study uses adjusted R2 as a primary metric for measuring the model specifications. The empirical findings show that 55% of business models contribute to organization value creation while 53% of strategic growth factors contribute to organization value creation. This paper recommends that both old and prospective business ventures should take innovation as the primary factor when designing a business model and technology as the primary factor when considering strategic growth in any organization.

  Effects of Business Model and Strategic Growth Factors on Organization Value Creation (1.4 MiB, 1,996 hits)

The study investigates whether raising technology transfer and strengthening the intellectual property rights (IPR) regime trigger domestic innovation by employing a panel data analysis for 58 developed and developing countries in the 1960-2010 period. Since theoretical and empirical literature has proved that innovation and technology were the prominent drivers of development process, analyzing the determinants of these factors have become crucial. Due to the globalization process, knowledge spreads faster than any other social and economic indicators; which makes the interactions between the types of knowledge more important. Thus, the study analyzes the impacts of foreign patents (as a proxy for technology transfer) and IPR on domestic innovation. According to the empirical analysis, it is found that technology transfer triggers domestic innovation both in developed and developing world. Contrary, it is also found that intellectual property protection is a detrimental factor for domestic innovation in mid income group while it bears fruit in high income group.

  Do Technology Transfer and IPR Spur Domestic Innovation? An International Panel Data Analysis (1.4 MiB, 1,712 hits)

Although most studies are interested with innovation in developed countries, we think that innovation is also vital for developing ones. The objective of this study is to describe it in developing countries. To quantify innovations, we use two types of indicators. The first type is associated with the inputs (R&D), the second is associated with outputs (patents and scientific publications). We find that developing countries have made progress in terms of innovation, but are still far from world leaders. We find also that the BRIC countries, especially India and China, are the most efficient in terms of scientific and technological power.

  Technological Innovation in Developing Countries: A Descriptive Analysis (786.7 KiB, 2,073 hits)

This research addresses the question of explaining the organizational effectiveness of the company through the knowledge management capacity, entrepreneurial orientation, social capital and innovation. Researchers still do not adequately understand the relationship between these phenomena and the nature of their effects on organizational effectiveness. This research uses data obtained from a sample of 150 Tunisian companies to test a complex model of knowledge management capacity and entrepreneurial orientation, assuming that the level of social capital plays a moderating role on the effects of entrepreneurial orientation and the knowledge management capacity on organizational effectiveness. Using structural equations, the proposed model is tested and data analysis reveals that there is a significant relationship between independent variables and organizational effectiveness.

  Effects of Capacity Knowledge Management and Entrepreneurial Orientation on Organizational Effectiveness in the Best Tunisian Companies: Moderating Role of Social Capital (787.2 KiB, 3,374 hits)

In a still uncertain economic environment, due to the influences of the financial crisis, the most promising channel to interact with current and prospective customers is the online environment – social networking platforms.
Gaining consumer trust online and complete understanding of the behavior of competition continues to serve the needs clarification banking financial companies, the idea of promoting banking offers in the digital environment. Also, these two factors are among the most important influencing and promoting policy dictate trajectory banking financial institutions.
Virtual universe should not miss the communication policy of banks with current and potential customers. Messages sent through this channel reach consumers where they spend their time, where they are more willing to interact and where you can see them in real-time responsiveness.

  Promotion Banking Services and Products - Factors Influencing Bank Offer Promotion among Consumers (720.3 KiB, 4,842 hits)

This research analyses the relationship between the use of social networks and the generation of innovations in European regions through a production function of innovations using human capital, technological capital and virtual relational capital with the new theoretical approach. For this, it is estimated an econometric model of panel data for the period 2007-2011 and 190 European regions.

  The Impact of Social Networks on Innovation: The Case of European Regions (206.9 KiB, 2,330 hits)

The patent is regarded as an indicator of a firm’s innovativeness and many studies have tried to use it as a proxy for the same. However, little research focuses on the impact of the substantial value of patents on stock prices.
This study employs event study analysis to explore the stock market reaction to the announcement of the “Patent Value Brand” by the Tokyo Stock Exchange and the “YK Value,” which is used to measure the economic value of a patent during the selection process. Our finding reveals little evidence for positive and significant stock price reactions to the brand announcement around the event day.

In addition, the result is not altered in terms of cumulative abnormal returns over a longer term.
We conclude that the stock market did not respond to the announcement of the Patent Value Brand and the substantial value of patents which is represented by the YK Value.

  Stock Market Reaction to Patent Value in Japan: an Event Study Analysis (1.2 MiB, 3,029 hits)

In the era of globalization and information technology, modularization is an approach to solve economic system complexity and the essence of new industrial structure. The source of industrial innovation comes from technology and organization modularization and system integration. Industrial upgrade takes effect through interaction of the following factors: competition of modular firms, knowledge creation, knowledge flow, modular option and absorptive capability. The modular and architectural innovation promotes the industrial upgrade.

  Understanding Industrial Innovation and Upgrade from Modularization’s Perspective (515.8 KiB, 3,105 hits)

This research provides a new theoretical approach to innovation. The work also provides data processed in recent years (2002-2006) to regions of European regions, providing relevant empirical evidence on the relationship between Human Capital, Technological Capital, Innovation Capital, Network Capital and Innovation. In econometric modeling is considered especially for the regions of the European Union.

  Networks and Innovation: An Economic Model for European Regions (2002-2006) (303.5 KiB, 2,283 hits)

Intellectual property consists of a firm of property values is included in intangible assets. These property values can be any of the items under the protection of industrial property in Romania (patents, trademarks, products or commercial, industrial designs, topographies of integrated circuits, know- how, etc..), Provided any copyright by Law 8/ 1996, including software, licensing or similar rights arising from commercial contracts.

  Progress through Technology Evaluation and Utilization of Business Results Research and Development-Innovation (700.2 KiB, 2,844 hits)

The object of this research is to identify the sources of risk in innovation projects and to determine whether they could be managed better. Due to the diversity of opinions and theories over the nature of risk, reaching an agreement about risk management is difficult. This will be a major problem if any effort is made to proactively manage ‘risk’ in naturally ‘risky’ areas such as innovation. Some risk management could be valuable, but perhaps too much, or inappropriate risk management might stifle innovation. It is necessary and valuable to consider the process of innovation from conceptualization to commercialization, how uncertainties are formed, how they are managed in that context, and how the techniques of risk management can be further deployed to enhance the success rate of innovation projects. Various approaches have been proposed to risk management in general, however the extent to which they are relevant for managing innovation is uncertain. Thus, during this paper, the general model of innovation and the process of risk management for managing the parameters which create the risk in these projects are explained.

  Management in the Innovation Project (896.5 KiB, 7,112 hits)

Commercialization of the university researches and innovations becomes more and more important in this era of volatile changes. Every day we could feel the challenges associated with this process in any knowledge based institute, such as universities, research centers, R&D centers, etc. Commercialization challenges are an integral part of these entities, and their managers are looking for some ways to handle them. In the present study, we used the Delphi method to find the main challenges and main solutions for commercialization of the university researches and innovations in Iran. After reviewing the literature, the challenges are considered and then the solutions are proposed. Finally, the paper concludes with a discussion of the research findings.

  Commercialization of University Research and Innovations in Iran: Obstacles and Solutions (735.5 KiB, 6,222 hits)

This research aims to analyze the degree of importance of investment and expenditure on innovation activities for entrepreneurial innovative capability, in the scope of Portuguese services firms. The literature review considers three main approaches regarding service innovation: assimilation, demarcation and synthesis. A conceptual model was proposed and several research hypotheses were empirically tested using secondary data, belonging to the 4th CIS 4, supervised by EUROSTAT. The method used will be the logistic regression model. According to the results obtained, the greater the financial investment in acquisition of machinery, equipment and software, in internal research and development, in acquisition of external knowledge, in marketing activities and other procedures, the greater the propensity for firms to innovate in terms of services. This study highlights the contributions that innovation activities can provide in what regards the development of innovation process, giving special emphasis to their service innovation.

  Innovation Activities in the Service Sector: Empirical Evidence from Portuguese Firms (783.3 KiB, 6,223 hits)

The competitive market is able to regulate simple innovative processes. In those of a more complex nature whose principal players may belong to either the same or a different firm a different form of organization is required: one which coherently defines rules and resources designed to avoid, in conditions of uncertainty, tensions arising between the different players which prevent their coordination. In this essay, the hypothesis that such organizations require both contract and leadership will be presented and discussed. The contract is required to en-­‐sure ex-­‐post efficiency, avoiding wastage of resources, and ex-­‐ante efficiency, i.e. mutual commitment between the different players in the innovative process. Leadership is required to progressively manage the conflicts that occur between contrasting visions of how best to proceed that emerge from different specializations, legitimized through a shared commitment. Notwithstanding such characterization, leadership may also not assume the same functions of contract. The contract may not be sufficient and require leadership, but strong leadership cannot replace contract. In such a case, there would be a risk of disengagement. An initial application of this simple model (leadership and contract) seems encouraging against competing theories conceiving contract or leadership as sufficient conditions for innovation.

  Conflict, Contract, Leadership and Innovation: An Interdisciplinary View (889.3 KiB, 3,123 hits)

As service organizations become increasingly aware that knowledge is among their most valuable strategic assets, they will try to develop and maintain the knowledge transfer through the organization and to make the employees understand the importance of knowledge and communication.

The paper highlights that advanced information and communication technologies, a dedicated knowledge sharing culture and a strong leadership based on continuous improvement and excellence models such is Lean Six Sigma are essential factors in facilitating knowledge transfer.

The Lean Six Sigma approach is necessary because service organizations and their employees need a methodology and a leadership approach for improving and resolving problems, which arise from organizational culture and knowledge transfer.

  Knowledge Transfer - The Key To Drive Innovation For Service Organizations Excellence (855.0 KiB, 4,901 hits)

“Free flow of ideas” is another component of the liberty confirmed by the EU Constitution who seeks to open without restrictions, for the benefit of all countries, of participation to the expansion of the European innovative heritage. The European Commission released on February 1 this year the first “scoreboard”1 on innovation performance for 2010. Corresponding to this report, the EU has failed to catch up with the gap that sets it apart from USA and Japan in the field of research and innovation (especially in the private sector).

The analysis of macroeconomic indicators shows developments, insufficiently fast, within the EU. However, given the economic crisis and its impact on all activities including on research, the efforts deserve to be highlighted. Currently, the EU is, however, before India and China (the most emerging countries of the world)2 trying to revitalize an area of innovation and research through considerable financial efforts.

  The Initiative “The Innovation Union” (200.5 KiB, 2,658 hits)