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The increasing pressure on natural resources and the climate has been noted by businesses and governments worldwide, who now face the difficult task of integrating paths of environmental sustainability and economic growth. One promising approach to sustainable development, reducing the pressure on natural resources and solving waste problems is circular economy. From different ways of implementing circular economy, this study focuses on the productization of industrial side streams, which carry a great deal of underutilized potential. In this article, the productization of pulp and paper industry side stream, fiber sludge, for commercial use as a dust-binding agent is studied via a descriptive, in-depth case study. Apart from inconsistent quality, fluctuating supply, cost of storage and logistics, what makes industrial side stream utilization challenging is the lack of knowledge that stakeholders have about side streams and their utilization and the lack of new value chain development for their commercial use. Therefore, it is essential for all parties involved to have a clearer vision of what is being sold for what purposes, through productization. This study found that the productization of side streams follows the same steps as the productization of any other traditional product, and the productized side streams can be added to the company's product portfolio as by-products. [ABSTRACT FROM AUTHOR]

This paper explores digital reality replication for cultural consumption and green-digital open-system innovation, along with responsible, sustainable practices fashioned in a post-COVID-19 era. We address these after the dystopian effects of lockdown on global tourism and, in particular, the looming crisis of unsustainable 'overtourism'. The aim of this paper is to disclose problems and policies related to moderating consumption to more sustainable levels. The scope of the article tackles three fields: urban re-branding, fast fashion, and overtourism. Each problem area is analysed against the background of digital surveillance in the attention economy with the aid of a conceptual model. Accordingly, the principal objectives of this paper are to analyse key sustainability problem sources, evolutionary processes, and policy responses. The paper's originality and value lie in its recognition of tractable problem engagement through conceptual and practicable methods. This contribution also explores other consumption modes that tourists appreciate, namely, retail activity and its unsustainable "fast fashion" obsession. Finally, the paper analyses urban soft branding, the third tourism attractor within the niche touristic activity of the creative-cultural and gastronomic kind, which also features impulses that affect the perpetuation of unsustainable touristic practices. Thus, this contribution also assesses various studies on tourism futures that exploit digital media to assist in conserving both natural and cultural environments. Accordingly, we first narrate the soft re-branding of an "Art City" as a "Fashion City" and consider the example of green-digital innovation in the cultural milieu of Florence, Italy, in light of criticism of the unsustainability of "fast fashion". We consider which actions are envisioned or advised in the similarly "over-touristed" city of Venice. In a different vein, we consider whether the mobilisation of 'pop celebrity' performers such as audience engagers or influencers works for sustainable intervention through an assessment of the cultural interventions of Madonna in Lisbon. Finally, we anatomise "green" politics and policies for creative-cultural cities with the support of digital media to influence sustainable actions to moderate or, alternatively, revitalise polluted, congested, or otherwise over-touristed city centres. The greening of central Paris, Barcelona, Milan, and London offer a a series of examples of this type of moderation and revitalisation. [ABSTRACT FROM AUTHOR]

Enterprises aimed at acquiring a sustainable competitive advantage in the Digital Era are challenged to develop a Transformative Digital Leadership marked by a set of abilities. The paper introduces the Digital Transformative Leadership Compass as an innovative framework to assess wise leaders' characteristics driving organisational digital transformation in today's complex business landscape. It identifies the critical abilities, attitudes, and behaviours distinguishing the profile of a transformative digital leader leading an organisation to continuously innovate and digitally evolve in the same way as the business landscape. This paper contributes to theory building by proposing an interpretative framework of critical abilities distinguishing a transformative digital leader of a transformative digital company. Furthermore, the paper provides practitioners with valuable insights and theoretical evidence on leadership practices in the digital era. [ABSTRACT FROM AUTHOR]

This paper examines the antecedents of cashless payment systems among businesses in Malaysia. The adoption of cashless payment systems by businesses has the potential to reduce the costs related to handling huge amounts of cash in the market and enhance transaction speed. Unfortunately, its current adoption in Malaysia is still small and very little is known about the factors. A seven-factor model based on the TOE framework was developed and tested. The partial least square (PLS) statistical approach was employed to analyze data collected from 200 business entities in Malaysia. The results reveal that compatibility and technology competence have higher significant relationships with the adoption of cashless payment systems. Management support, firm critical mass, competitive pressure, and information intensity are significantly related to the adoption of cashless payment systems, while firm size is not associated with it. The findings of this study provide significant practical implications for Malaysian stakeholders and technology vendors to recognize factors that affect a firm's adoption of cashless payment systems to support business transactions. By investigating the phenomenon through the TOE framework, this study presents an integrated model of cashless payment systems by businesses. Our findings also offer guidance for future application of the PLS method in cashless payment and related research. The paper provides a more holistic understanding of the factors influencing cashless payment systems among businesses. [ABSTRACT FROM AUTHOR]

Open innovation (OI) has been implemented to develop competitive advantages based on the management of innovation with external players. As such, it is expected that the generalized adoption of OI practices needs to be nurtured by governmental public policies in order to enhance OI-based ecosystems. The role of open innovation ecosystems is known by the importance of multiple synergies among players/stakeholders, which are expected to be supported by regulations and funding to consolidate firms' innovation results. This paper analyzes the role of regulations and funding on firms' innovation performance using the double-hurdle estimation procedure. The results show that, in the first tier, inbound knowledge flows positively affect performance, and, in the second tier, public funds further reinforce innovation performance and fiscal and security regulations. In contrast, as regulations are perceived as barriers, they fail to impact innovation performance. With this paper, we manage to shed light on the importance of public policy funds in the support of thriving OI-based ecosystems as enhancers of firms' innovation performance. [ABSTRACT FROM AUTHOR]

This paper raises the question of whether global innovation systems (GIS), the expanded networks of actors beyond national boundaries, could be a new sibling of innovation systems perspectives. We argue that in today's globalized world, it is idoneous to analyze innovation activities in a global context rather than a national or regional one. To confirm this argument, first, previous research is reviewed to understand how the GIS perspective has emerged and what different aspects have enabled these discussions. Distinct gaps from a body of literature are identified, such as the lack of a united definition, leading causes, and empirical evidence of GIS. With this understanding of the GIS perspective's background, this research aims to overcome the challenge of filling out these gaps using two-stage approaches. The first approach suggests three building blocks of the GIS perspective (global institutions, global actors and networks, and a global knowledge-base). Using the open innovation concept, the second approach measures the openness of national innovation systems (NIS) of the OECD DAC (Development Assistance Committee) member countries to represent the tangibility of the GIS perspective. The paper concludes that the GIS approach would provide us with a valuable viewpoint for analyzing current innovation activities in today's globalized economy as the form of GIS perspective is observed when measured. [ABSTRACT FROM AUTHOR]

Analyzing the effects of knowledge management in higher education is challenging because of various aspects of tasks such as teaching effectiveness, administrative services, and research communications. Employees' job performance is crucial in higher education institutions in order to disseminate innovations, knowledge, and collaboration. Thus, studying the relationship between knowledge management practices and job performance is essential. Therefore, this literature review and topic analysis aims to provide a concept-driven approach for synthesizing and analyzing numerous available literature bases. Collected journal articles and conference papers were scrutinized based on this research work's above-mentioned aim. Finally, 41 relevant papers have been studied in this work. The presented work advances the understanding of the role of knowledge management processes in higher education institutions in increasing job performance. Findings suggest that individual, national, and professional teams, language issues, and trust can impact knowledge-sharing practices and job performance of higher education institutes' employees. [ABSTRACT FROM AUTHOR]

This study aims to assess the extent to which blockchain technology (BCT) may constitute an alternative to the conventional stock trading system and emphasize the changing roles of the key parties. It is expected that BCT would enhance the performance of the process across the three stages (i.e. trading, clearing and settlement within the stock exchange environment). A thorough literature review is conducted to understand the BCT performance modeling techniques and approaches (empirical and analytical) and to examine the theoretical potentials and capabilities of BCT in the financial markets. The case study and simulation methods are used to evaluate the impact of BCT implementation in optimizing the process of trading, clearing and settlement in Abu Dhabi Securities Exchange (ADX) stock-trading activities. This paper presents a simulation analysis comparing a blockchain system with a traditional trading system in the context of stock market. The simulation procedures involve modeling processes over different durations and transaction volumes, using metrics such as process time and cycle time to evaluate performance. The performance index combines these metrics with weights to ensure accurate and consistent measurements. Simulation results reveal that the blockchain system significantly outperforms the current trading system, especially at higher transaction volumes, highlighting its scalability and efficiency. A threshold of 30,000 transactions is identified as the point where blockchain's benefits become apparent. The analysis shows that blockchain significantly elevate the process efficiency. It reduces both cycle time and process time across varying transaction volumes, maintaining consistency and reliability. Additionally, a simple simulation using the Hyperledger Fabric platform demonstrates the practical implementation of a permissioned blockchain for clearing transactions, emphasizing the system's capability to manage high transaction volumes efficiently and securely. The use of blockchain network for handling seamless transactions using pre-defined smart contracts significantly improves the performance of the stock trading processes, specifically in the clearing phase. Interestingly, the BCT system drops the need for a "third party" (i.e. stock custodian) across the three stages. At the end of the paper, we propose a thereat mitigating model for stock trading with a new blockchain system. [ABSTRACT FROM AUTHOR]

In today's business world, digital technologies have become vital for implementing processes in any company, including the healthcare industry. By utilizing the latest technologies to collect, process, analyze, and transmit data through smart devices and IT infrastructure, it is possible to implement trends in medicine as a value approach, personalization, predictability, and participation. Considering these trends, it is necessary to develop a methodology for creating a management system for medical organizations that can comprehensively and interconnectively develop various elements of the system. This includes business process systems, information systems and application architectures, hardware, and "smart" medical equipment that can fully participate in hospital information exchange. These elements should be developed within a single model. An architectural approach can be used to create a model of a medical organization. This paper examines the integration of smart infrastructure in medical organizations, develops requirements for smart infrastructure services, and creates architectural models based on the findings and requirements. Architecture models were developed for the following elements of the Smart Infrastructure: smart wards, wearable devices and telemedicine stands as the most necessary elements in everyday healthcare. The key discovery of the study is the architecture models of the mentioned elements and their integration with the medical organization IT architecture, described in the form of visual models and data exchange tables. The proposed models can be used both for further research or for practical implementation as the reference models to check up and adopt to each individual case. The solutions proposed in the paper give an example of open innovation philosophy, as they are developed on the basis of open information about the innovation activities of various medical organizations, and, at the same, time the results themselves are openly published and open for adaptation by the scientific and practicing medical community. • A framework of an integrated smart infrastructure of a hospital is described. • The framework enables an interaction between medical equipment, IT systems, personnel, and patients. • The integration of Smart ward, wearable devices, telemedicine systems is proposed. • The paper contributes to the implementation of value-based and personalized medicine. [ABSTRACT FROM AUTHOR]

In an era where digital transformation (DT) reshapes industries, the role of Knowledge Transfer Partnerships (KTP) in bridging academic insights with industrial innovation becomes crucial. This study conducts a comprehensive scientometric analysis of 360 academic papers spanning from 2013 to 2023 to map the evolving landscape of KTP in the context of DT. By employing advanced visualization tools including generative visual networks and keyword co-occurrence analysis through CiteSpace, critical research gaps and trends, particularly addressing how KTP can mitigate technological obsolescence and enhance innovation management within enterprises are identified. The findings reveal a significant escalation in research output related to KTP, with a pronounced focus on integrating cutting-edge technologies of Artificial Intelligence, machine learning and virtual reality and fostering market adaptability. This study charts the exponential growth of literature and highlights strategic areas of research entities, global geographical coverage, and advanced digital trends where KTPs are pivotal in enhancing organizational resilience and competitive advantage in a rapidly digitizing world. This paper contributes to the existing knowledge of KTP by identifying the patterns and trends of on-going research and offering an evolutionary model to guide theoretical development and practical business operations and policy making. [ABSTRACT FROM AUTHOR]

The research and development activity of a company determines the innovativeness of enterprises and economies. This kind of activity simultaneously influences the pace of their development and the level of competitiveness. With this in mind, the article—against the background of the characteristics of research and development activities—defines a framework for R&D&I activities for the steel industry in the conditions of popularization of the concept of Industry 4.0 and analyzes expenditures on R&D&I activities in Poland in 2010–2019. This topic is important because steel is one of the most important materials for the construction and the manufacture of steel products. It is very important to adjust the steel industry to the new market condition using research and development activities. The analysis was performed on the basis of data on expenditures on R&D&I activities by internal expenditures on R&D, expenditures on product and business process innovations and outlays on fixed assets for environmental protection through investments. The target of the paper is to find response on the three research questions formulated in the paper: what is the dynamics of the changes in the R&D expenditures in the Polish steel industry in 2010–2019 in comparison with the total industry in the country; what is the dynamics of changes in investment expenditures on new products and business process innovations in the Polish steel industry in 2010–2019; what is the level (dynamics) of investment outlays in environmental innovations in the Polish steel industry in 2010–2019? To conduct this analysis, we used the following methods: critical literature analysis, secondary data analysis, statistical methods. Industry 4.0 implementation in the steel industry has a strong, positive influence on the innovativeness of the company and on spending on innovations. On the basis of the data analyzed in the paper we observed that the increase of expenditure on R&D in the Polish steel industry was similar to that of other industries. As a result of the research, it was found that the dynamics of R&D expenditure in the Polish steel industry was consistent with the dynamics of expenditure calculated for the entire Polish Industry. At the same time, the sharp increase in R&D expenditure since 2018 was related to the implementation of the Industry 4.0 concept in the Polish industry. An interesting result of our research is the observed time lag in the form of a postponement of the growth of R&D expenditure after the emergence of the Industry 4.0 concept. We also observed that environmentally fixed capital expenditures may show fluctuating dynamics due to business cycles and legal restrictions to protect the environment. The added value of the publication is the framework of R&D&I activities for the steel industry and an in-depth analysis of R&D&I expenditures on the example of the metal producers in Poland in the last decade of growing interest in the concept of Industry 4.0 (I 4.0). [ABSTRACT FROM AUTHOR]

This paper outlines the importance and role of non-product-related brand attributes, e.g., user imagery and usage imagery, in local news media content consumption by a younger audience aged 15–24. Due to technological developments, new media content consumption patterns have emerged. New dynamic, interactive, and multiplatform marketplaces have changed how media brands deliver content and how audiences consume it. The main catalysts of change are multiple platforms, on-demand content consumption, and social media platforms. The increasing use of global social networks offers media brands possibilities to distribute content and connect with their audiences, all while creating new challenges and competition in local media. These changes have brought about possibilities of broadening media audiences, as well as challenges, e.g., because of decreasing media brand associations and preference being given to social media platforms and global media brands. Generation Z's traditional media consumption patterns are below average. This audience segment prefers mobile access and online media content on various platforms, uses social media more than other age range audiences, and chooses global media and social media platforms over national media brands. These dynamics increase the challenges for local news media brands in attracting and growing a future audience, as Generation Z consumes fewer national media content in their local or national language, and what they do consume is through the medium of social media. The authors analyse media consumption trends in Latvia and determine how media brands increase their equity and the consumption of media regarding younger audiences. This research was designed to understand media consumption trends via secondary information analyses and employs a quantitative survey to identify non-product-related brand attitudes. The research question of this paper is concerned with defining how media brand associations affect content consumption and engagement. We used regression analyses to predict the most significant correlations between brand attributes and content consumption and concentration. The study focuses on national news media brands. [ABSTRACT FROM AUTHOR]

This study explores the key determinants of Supply Chain 4.0 (SC4.0) maturity in the context of a developing country by examining the relationships between supply chain ambidexterity, supply chain agility, and the maturity of SC4.0. The study was carried out using the survey method involving 154 managers from Indonesian manufacturing companies. The SC4.0 maturity model was developed and tested using structural equation modeling. From our analysis, it was found that supply chain ambidexterity emphasizing on innovation positively influences the companies' agility and SC4.0 maturity levels, and supply chain agility partially mediates supply chain ambidexterity. This paper contributes to the operationalization of SC4.0 maturity determinants that incorporate innovation and technological aspects and extends the extant literature by empirically elaborating the determinants and antecedents of SC4.0 maturity that may expedite the achievement of SC4.0 maturity. This implies that companies and supply chain professionals aiming at achieving their SC4.0 maturity should do so by being outward-looking and, at the same time, foster supply chain collaboration with external networks. This paper is pioneering the empirical study on SC4.0 and offers a means to achieving SC4.0 maturity through SC ambidexterity and SC agility, particularly in the context of a developing country. [ABSTRACT FROM AUTHOR]

This paper presents a framework of employee skills and competencies useful for developing occupational profiles for employees of companies transitioning towards Industry 4.0. The paper consists of a discussion of the theoretical and practical parts of case studies. The theoretical portion was created on the basis of a review of scientific literature and research studies regarding the competencies and skills of employees in the ongoing fourth industrial revolution. This part focuses on the skills profile of an Industry 4.0 employee and an Operator 4.0 (O4.0) from a creativity and innovativeness point of view. The link between the theoretical part and the case study analysis was a general framework for building the competencies and skills of the steelworker in the emerging fourth industrial revolution. The case study analysis covered the framework of competencies and skills of a metallurgist in smart manufacturing built into the organization of steel mills. Recruitment offers of a steel company implementing smart manufacturing (SM) projects and educational programmes of technical universities in the field of metallurgy were analysed. The aim of the study was to develop a framework for the profile of an employee working in an innovative company transforming to I4.0. The publication posed the following research questions (purposes/hypotheses): P1. To what extent do Polish companies in the metallurgical sector pay attention to creativity and innovation issues when looking for employees? P2. To what extent do the profile (portfolio) of metallurgy graduates of Polish technical universities turn their attention to the issues related to creativity and innovation? [ABSTRACT FROM AUTHOR]

This research investigates the complex interplay between carbon dioxide emissions, population dynamics, migration patterns, foreign direct investment, and gross domestic product in Vietnam. The paper uses the unrestricted fixed and random panel data method. The data is collected from the World Bank and Vietnam General Office of Statistics. This study employs a multidimensional analytical framework in the country's rapid economic growth context, combining quantitative and qualitative methods to unravel the nuanced relationships within this nexus. The main finding of this study reveals significant correlations between carbon dioxide emissions, population, migration, FDI- foreign direct investment inflows, and GDP- gross domestic product growth, highlighting the pivotal role of these factors in shaping Vietnam's economic landscape. The study draws on comprehensive datasets spanning multiple years. The research reveals significant correlations, notably the positive link between foreign direct investment inflows and gross domestic product growth. Simultaneously, the study sheds light on the environmental challenges associated with urbanization and the socioeconomic impacts of internal migration. The findings of this paper contribute to the theoretical understanding of these interconnected factors, emphasizing the need for an integrated policy approach. Policy recommendations include sustainable urban development strategies, sector-specific foreign direct investment initiatives, and inclusive migration policies. Additionally, fostering green technologies, community engagement, and international collaborations are proposed to advance Vietnam's sustainable development goals. This research is a foundation for policymakers, scholars, and stakeholders, offering actionable insights to guide Vietnam toward a balanced and resilient future. The study's methodology, findings, and policy implications contribute to the academic discourse on sustainable development and provide remarkable guidance for navigating the complexities of economic growth and environmental stewardship in emerging economies. [ABSTRACT FROM AUTHOR]

This paper evaluates the rise of "Generative Artificial Intelligence" (GAI) in its myriad forms, with the highest profile being the "Large Language Models" (LLMs). More importantly, it analyses the potentially disruptive impact of this ascendant technology on higher education and the global workplace. The findings of this paper indicate that students pursuing higher education tend to perceive GAI favourably, as it frees them from the toil of rote-learning. However, the view is rather mixed in the case of educators, who are still coming to grips with this seemingly disruptive technology. In the case of the global labour market, GAI has the potential to decimate legions of white-collar jobs once it eliminates inherent issues of biases, security and misinformation. Despite the media's constant labelling of GAI as a disruptive technology that has suddenly burst onto the technological scene, it is evidenced in this paper that the technology has taken nearly eight decades to reach today's level of technological advancement. Further, it is far from reaching its full potential, as it is still incorporating advances in pattern recognition, planning and problem solving, and quantum computing technologies. This study also warns of concentrating the power of this game-changing technology in the hands of a few major corporate titans. [ABSTRACT FROM AUTHOR]

The Industry 4.0 paradigm represents the fourth industrial revolution, embodied by the marriage between information and communication technologies and manufacturing. Assessment campaigns are conducted to examine the status of deployment of that paradigm, mostly through self-assessment questionnaires. Each campaign is typically limited in scope, involving just a group of companies located in a few countries at most. Such limitation does not allow an overall view of Industry 4.0's diffusion. In this paper, we offer that panoramic view through a systematic literature review. The number of papers devoted to Industry 4.0 assessment grows steadily. However, many papers do not provide essential information about the assessment campaigns they report, e.g., not detailing the number, type, or location of companies involved and the questionnaire employed. We observe a large diffusion in Europe and Asia but not in the U.S., with the Top 5 countries being Malaysia, Poland, Italy, Germany and Slovakia. The campaigns uniformly cover small, medium, and large companies but not all industrial sectors. The choice of questionnaires is extremely varied, with no standard emerging. [ABSTRACT FROM AUTHOR]

For the past decade, Industry 4.0 has become the basis for building competitive advantage for business operations. The key technologies of Industry 4.0 are implemented in enterprises of various industries. This paper focuses on presenting the results of research on the influence of the Industry 4.0 concept on the operations of enterprises that are implementing smart manufacturing (SM) projects. The paper analyses the following areas of influence of projects on the enterprises' operations: productivity, agility and speed, quality, competitiveness and enterprise value, profitability, staff reduction, delivery improvements, vertical and horizontal integration, resource savings, reduction of operating costs, technology adaptability and quality of machine operations. The paper belongs to the research paper category. The research tool was a questionnaire. The research was carried out in the segment of steel enterprises in Poland. The results of the presented research belong to pilot research of a segment of steel industry in Poland. The main conclusion of the study is that implementation of Industry 4.0 in the Polish steel sector had a positive influence on many factors strictly connected with the innovativeness of the company. Especially, the implementation of this conception in the steel sector leads to an increase in the quality of the product and the possibility to achieve a good level of customization of the product. Those factors are very important for the steel sector potential to succeed on the competitive market. The individual SM projects that were evaluated were a form of case study. The participants of the research were employees in managerial positions and operating technological installations in steel sector enterprises. In the opinion of the surveyed (79 people), depending on the type and scope of changes implemented in the company in the direction of Industry 4.0, decision-makers expect a higher quality of processes and products, the ability to meet customer requirements—the direction of the personalization of products and services, agility and flexibility of performed operations with the use of smart technology and accuracy and precision of performance higher than in the case of manual human activities. [ABSTRACT FROM AUTHOR]

Firms achieve their competitive advantage quickly through the concept framework of open innovation by integrating external inspiration with internal endowment when facing hyper-competition in the digital era. This paper deploys open innovation into building platform blocks by modular operators. These eight modular operators are splitting, augmenting, deleting, substituting, inversing, porting, configuring, and integrating. By means of case studies of two Taiwan Internet vendors, the results depict the manipulation strategies between eight modular operators to fit seven functional requirements for weaving social media, which are presence, identity, sharing, reputation, groups, conversations, and relationship. Finally, this paper advances propositions about the deployment of modularization strategies to develop a competitive platform. [ABSTRACT FROM AUTHOR]

Nowadays, there is an increasing recognition of the value of eco-innovation in both academic and practical spheres. Establishing the connection between eco-innovation and corporate performance is highly important. This paper aimed to analyze the correlation between eco-innovation, corporate performance, and company size. To accomplish this goal, the paper collected unique data from 383 global non-financial companies using the Refinitiv Eikon database from 2013 to 2022. This paper uses fixed effect and (generalized method of moment) GMM techniques to overcome possible endogeneity concerns. The strong empirical results display a positive relationship between eco-innovation and corporate performance. Importantly, this paper discovered that the size of companies significantly magnifies the effect of eco-innovation on corporate performance. Our findings are still robust to endogeneity concerns. The results confirm that prioritizing eco-innovation can benefit larger companies in multiple ways, including boosting productivity, avoiding penalties, expanding into new markets, improving green image, and gaining a competitive edge, all of which ultimately enhance corporate performance. Additionally, the extensive evaluation by stakeholders enables these larger corporations to generate increased profits. This paper aims to contribute the innovation literature by exploring an under-explored topic using extensive panel data and offering practical guidance for non-financial firm stakeholders. The implications of the findings have various impacts on future research and policy development. Furthermore, this paper aims to assist policymakers in establishing impactful mechanisms and guidelines that foster ecologically conscious attitudes. The conclusion assists managers in grasping the importance of context-based eco-innovation. [ABSTRACT FROM AUTHOR]

Due to rapid advances being made in computing technologies, open innovation methods are being used for better managerial forecasting and min-max efficient time for delivering final products to the marketplace. This requires that technology, time, human capital, efficient and sound production methods, and delivery are all high quality. This paper explores how ' process developmen t′ can connect all parties in managerial efficiency in time and cost to achieve targeted goals. Knowledge gaps concerning operations and technological forecasting of multiple development projects under open innovation infrastructure are filled in here. Overlapping consecutive tasks in the production process to reach the desired objective are described. The proposed model recognizes the trade-off between time-to-market reduction and devising a scheduling process that is minimized as much as possible, which demonstrates time to delivery effectiveness. The model serves to conduct an empirical study using Chinese data. We observe encouraging results in the modelling of operational excellence in technology development processes (lead time data) using Convex, Linear and Nonlinear models to achieve the goals. Overall, in open innovation, where collaboration spans boundaries and involves multiple stakeholders, effective overlapping scheduling isn't just about managing time; it's about orchestrating a harmonious collaboration that enables diverse groups to work cohesively towards a shared goal, and our paper contributes to providing a seminal toolkit and methodologies into it. [ABSTRACT FROM AUTHOR]

This study aims to investigate the factors of renewable energy consumption in the fifth Technology Revolution with specific evidence from ASEAN countries. The study applies an autoregressive distributed lag (ARDL) approach. The paper also uses the unrestricted fixed and random panel data methods. The manuscript identifies significant factors such as technological innovation, governmental policies, public awareness, electricity consumption, country population, foreign direct investment inflows, imports, exports, and economic growth that have influenced the renewable energy sector in these nations. This study also investigates the determinants that influence renewable energy in the context of international integration and the fifth technology revolution in ASEAN countries. The research analyzes data spanning two decades, from 2000 to 2022, through a combination of econometric modeling and machine learning techniques. Preliminary findings indicate that technological innovation, government policies, and public awareness significantly affect renewable energy consumption in these countries. The empirical results offer insights for policymakers and stakeholders in leveraging technological advancements for sustainable energy development. The findings from this study on the determinants of renewable consumption in the context of the Fifth Technology Revolution in ASEAN countries also have several important policy implications for the sustainable development goal. • This study aims to investigate the factors of renewable energy consumption in the fifth Technology Revolution. • The study uses panel data analysis, and the paper identifies significant factors that have influenced the renewable energy sector. [ABSTRACT FROM AUTHOR]

This paper illustrates how an industrial cluster can be created when there is little established industry from which the cluster can evolve. Industrial clusters are known to give firms superior performance by improving the competitiveness of regions. There is significant debate on effective strategies to create new industrial clusters. Incorporating evidence from a systematic literature review supported by quantitative data this study demonstrates that an industrial cluster can be created without a preestablished industrial base. The medical device cluster in Galway, Ireland is used for the study. The results show how government policies supported the cluster's creation. The engagement of key institutions and stakeholders improved the competitive factors in a self-reinforcing cycle. Using a theoretical model, the growth of the cluster is explained. The paper suggests measures to assess the health of a cluster and identifies the importance of geographic location. Policies to improve a cluster need to be focused on closely bounded regions and not dispersed. [ABSTRACT FROM AUTHOR]

This study collected literature on augmented reality (AR) from academic and patent databases to plot the historic development trajectory of AR and forecast its future research and development trends. A total of 3193 and 13,629 papers were collected from academic and patent databases, respectively. First, a network was established using references from the academic literature; main path analysis was conducted on this reference network to plot the overall development trajectory. Subsequent cluster and word cloud analyses revealed the following five major groups of AR research topics: AR surgical navigation applications, AR education applications, AR applications in manufacturing, AR applications in architecture, and AR applications in visual tracking. Subsequently, the relationships between the overall development trajectory and the five AR research topics were compared. Next, the title and abstract of AR-related academic and patent papers were subjected to text mining to identify keywords with a high frequency of occurrence. The results can provide a reference for industry, government, and academia when planning future development strategies for the AR field. This research adopted an integrated analysis procedure to plot the trajectory of AR technology development and applications successfully and effectively, predict future patent research and development directions and produce technological forecasts. [ABSTRACT FROM AUTHOR]

Open innovation will have an important role to play in recovering from the aftermath of the coronavirus and it has already made a crucial contribution. The prism of COVID-19 ("COVID" hereafter) has made more vivid both the complexity and unpredictability of managing innovation. This article considers why today's open, intrinsically unpredictable business environments require updated theories for managing innovation. Concept formation lies at the heart of all social science progress and in this paper, we propose a new concept to accurately reflect the turbulence and complexity of managing open innovation in a post-COVID world. We argue that the innovator's dilemma--a still influential argument that suggests exploiting current resources necessarily reduces the likelihood of successful exploration for new resources--is an increasingly problematic theoretic anchor. Furthermore, the prescription based on this line of thinking that organizational leaders should foster ambidextrous capabilities is increasingly suspect as leadership is more broadly shared and organizational processes become less easily dichotomized and controllable. We argue that the operating context for organizations is now so complex and ambiguous that it is time to revisit and revise the widely accepted concept of "ambidexterity" and we describe the updated and expanded construct as Multidexterity. "Multidexterity" is the organizational ability to simultaneously carry out multiple search and selection activities based on diverse strategic logics and levels of knowledge to generate a portfolio of innovative outcomes. We describe a number of case studies of extreme and unique collaboration to underpin our revised concept. Our paper reveals the advantages of the updated view, outlining the fresh insights it can generate. We conclude by setting out an agenda for future research and suggesting that joint empirical research by academics and practitioners is needed to further develop this approach to innovation. [ABSTRACT FROM AUTHOR]

Blockchain is a technology that will change the relationships between the different actors in society, individuals, companies and administration, in aspects as important as taxation, by implementing concepts such as Self-sovereign identity (SSI) and Smart Contracts; which support, for example, virtual currencies, that are not controlled by any state, financial institution or centralized company. Hence, the growing interest of researchers, investors, traders, marketers, enterprises, and administrations to know the scope of this new technology and its tax implications. The main objective of this work is to clarify the status of these studies, explore issues, methods, findings, and trends as well as to define their meaning within the current research scenario. To achieve these objectives, bibliometric analysis was carried out, retrieving 349 research papers, and analyzing 343 papers published between 2015-2019 based on the results of the Web of Science (WoS). [ABSTRACT FROM AUTHOR]

The urbanization problems we face may be alleviated using innovative digital technology. However, employing these technologies entails the risk of creating new urban problems and/or intensifying the old ones instead of alleviating them. Hence, in a world with immense technological opportunities and at the same time enormous urbanization challenges, it is critical to adopt the principles of responsible urban innovation. These principles assure the delivery of the desired urban outcomes and futures. We contribute to the existing responsible urban innovation discourse by focusing on local government artificial intelligence (AI) systems, providing a literature and practice overview, and a conceptual framework. In this perspective paper, we advocate for the need for balancing the costs, benefits, risks and impacts of developing, adopting, deploying and managing local government AI systems in order to achieve responsible urban innovation. The statements made in this perspective paper are based on a thorough review of the literature, research, developments, trends and applications carefully selected and analyzed by an expert team of investigators. This study provides new insights, develops a conceptual framework and identifies prospective research questions by placing local government AI systems under the microscope through the lens of responsible urban innovation. The presented overview and framework, along with the identified issues and research agenda, offer scholars prospective lines of research and development; where the outcomes of these future studies will help urban policymakers, managers and planners to better understand the crucial role played by local government AI systems in ensuring the achievement of responsible outcomes. [ABSTRACT FROM AUTHOR]

This paper compares and contrasts three disruptive models of potential and actual new kinds of spatial planning. These include "seasteading", "smart neighbourhoods" and "renewable spatial systems". Each is labelled with distinctive discursive titles, respectively: "Attention Capitalism"; "Surveillance Capitalism" and "Sustainable Capitalism" denoting the different lineaments of each, although they all have their origins in the Silicon Valley techno-entrepreneurial milieu. In each case, while the path dependences of trajectories have diverged the progenitors were often erstwhile business partners at the outset. The paper is interested in qualitative methodology and proposes "pattern recognition" as a means to disclose the deep psychological, sociological, political and economic levels that inform the surface appearances and functions of the diverse spatial planning modes and designs that have been advanced or inferred from empirically observable initiator practice. "Dark Triad" analysis is entailed in actualising psychological deep structures. Each of the three models is discussed and the lineaments of their initiators' ideas are disclosed. Each "school" has a designated mentor(s), respectively: academic B. J. Fogg and venture capitalist Peter Thiel for "Attention Capitalism", "smart city" planner Dan Doctoroff for "Surveillance Capitalism" and "renewable energineer" and Elon Musk for "Sustainable Capitalism", the eventual winner of this existential "dark versus light triad" urban planning contest. [ABSTRACT FROM AUTHOR]

The present research paper focuses on four key aspects of organizational culture in the United Arab Emirates (UAE): employee attitude, performance, behavior, and productivity. Every organization has a unique culture, which shapes the employees' perspectives to a large extent. The greater the consistency of the approach, the greater the likelihood of that organization achieving success. The main purpose of this study was to examine the influence of corporate culture on the behavior of heterogeneous groups of employees. The UAE, as an emerging economy, has various ethnicities and nationalities in its workforce, each having its own distinctive national customs, languages, religions, histories, and work patterns. This paper examines two cases in the remittances and foreign exchange industry in the UAE as being characteristic of finance companies, comprising employees who originated from many nations working together regardless of their socio-cultural background. Based on a questionnaire, the literature, and a hypothesized model, this paper investigates the relationship of UAE's heterogeneous work culture on employees' perspectives. In an innovative way, the result of this study reveals and supports our hypotheses that organizational culture has a high impact on the work performance, attitudes, and behaviors of the employees belonging to two selected companies, regardless heterogeneous nationalities and cultures. [ABSTRACT FROM AUTHOR]

In the era of Big Data, the Internet has become one of the main data sources: Data can be collected for relatively low costs and can be used for a wide range of purposes. To be able to timely support solid decisions in any field, it is essential to increase data production efficiency, data accuracy, and reliability. In this framework, our paper aims at identifying an optimized and flexible method to collect and, at the same time, geolocate social media information over a whole country. In particular, the target of this paper is to compare three alternative methods to collect data from the social media Twitter. This is achieved considering four main comparison criteria: Collection time, dataset size, pre-processing phase load, and geographic distribution. Our findings regarding Great Britain identify one of these methods as the best option, since it is able to collect both the highest number of tweets per hour and the highest percentage of unique tweets per hour. Furthermore, this method reduces the computational effort needed to pre-process the collected tweets (e.g., showing the lowest collection times and the lowest number of duplicates within the geographical areas) and enhances the territorial coverage (if compared to the population distribution). At the same time, the effort required to set up this method is feasible and less prone to the arbitrary decisions of the researcher. [ABSTRACT FROM AUTHOR]

Commons theory is one of the influential economic theories that study the governance of shared resources, including knowledge. This paper provides a comprehensive view of the application of the concept of the commons towards supporting innovation in the Knowledge Management (KM) literature. A systematic literature review identified forty-four (44) relevant research papers discussed the commons published in twenty-three (23) high-impact KM journals. The research found that the application of commons in KM literature covers diverse areas, including Intellectual Property, Knowledge Cities, and Industrial Commons, that are related to innovation. The study found that extant literature does not adequately address innovation-centric knowledge. To address the gap, a conceptual model is presented to apply the Institutional Analysis and Development (IAD) framework to Open Innovation. [ABSTRACT FROM AUTHOR]

The literature on gender diversity in boards of directors has expanded significantly in recent years, due to the fact that women are increasingly holding higher management positions within the company hierarchy, clearly demonstrating that certain characteristics of women have a positive impact on different areas within the company. The objective of this paper is to analyze scientific articles on the presence of women in boards of directors, based on a literature review, in order to learn about the evolution of this concept over time. The search conducted for this paper produced 300 documents from the Web of Science, with a final total result of 168 documents after passing the initial results through various filters. VOS viewer software was used to analyze the information, which enabled the creation of bibliometric citation, co-citation and co-word maps. The results reveal the most relevant authors and studies on this subject and identify the most current studies, the main topic of which deals with sustainability and corporate social responsibility, in addition to highlighting the characteristics of women that are of vital importance to boards of directors within the current context: empathy, open innovation, concern for the needs of interest groups and a heightened perception of risks. [ABSTRACT FROM AUTHOR]

The paper focuses on the analysis of the cryptocurrency open innovation market to predict sustainable growth in the future. The nature of cryptocurrencies 'development leads to the rapid increase in their popularity and spread of trading at this new market. The high volatility of these assets is encouraging to understand and predict their price in ever changing market environment. The paper proposed the pool complexity approach to choose optimal technology using social activity in the internet, trading parameters, technical indicators and other cryptocurrency data. According to the results of the analysis, the most effective and promising cryptocurrency is EOS cryptocurrency, which has the lowest complexity and commission level among the analyzed digital currencies and allows you to implement third-party applications in the system. [ABSTRACT FROM AUTHOR]

The aim of this research paper is to depict the level of satisfaction and importance of Full expressions Micro, Small & Medium Enterprises' (MSMEs)' human resources (HR) and the tourism sector community in East Java. The research was conducted on all aspects of HR in tourism sector MSMEs, among foreign and domestic tourists in East Java. The research is a quantitative and descriptive one. Primary data are used. The population of the research is HR in tourism sector MSMEs as well as domestic and foreign tourists. The sampling technique used is purposive sampling. Ten cities of high tourism potential were chosen. Determination of the sample size used the minimum criteria of a structural model that is between 100 and 200 units. In total, 200 tourism sector MSMEs were determined from ten tourism cities in East Java. From every tourism sector MSMEs, four employees and three tourists were taken. As a result, the entire research consisted of 800 employees and 600 foreign and domestic tourists. Importance performance analysis (IPA) was utilized as an analysis tool in this paper. The result indicated that each tourism resort, being a sample, has different findings. Batu City demonstrates a lack of transglobal leadership (TL). Malang, Kediri, and Blitar City demonstrate organizational citizenship behavior (OCB). Malang City lacks employment engagement (EE). Meanwhile, Pasuruan City and Blitar Regency are about human resources performance (HRP). For Pasuruan Regency, the variable of quality of work life (QWL) should be improved. For Sidoarjo Regency, sustainable tourism competitiveness (STC) should be paid attention. For Kediri City, the main variable that needs to be enriched is responsible marketing (RM). Overall, for the East Java region, the main variable that needs to be improved is RM. The findings obtained constitute a practical contribution for main tourism stakeholders to formulate relevant policies to cope with problems. [ABSTRACT FROM AUTHOR]

Considering the effective growth in challenges and an urge in establishment for sustainable business, companies trading globally are inclined towards the implementation of highly efficient cross-border reallocations of revolving capital. The prominent objective of this research paper is therefore the clear identification of the active key attributes and specifications of all strategic measures for efficient sustainable cross-border mergers and acquisitions (M&As) of the Islamic companies in the Gulf region that are keen to engage with the non-Islamic companies across the globe. This paper also explores the paradigm of culture, in its different manifestations, it was and still is a primary factor of creativity. This study also focuses on building some better understanding of the role of "Culture for Open Innovation Dynamics." Initially, since the need to interpret community, that can also influence the dynamics of open innovation, has sharply increased, the research addresses open innovation dynamics and its significant concerns related to cross border mergers and cross culture ventures of firms and organizations. The researcher purposively selected 15 financial institutions from the selected Gulf Cooperation Council (GCC) countries. Semi-structured interviews were conducted with 40 key individuals including Board of Directors (BOD) members, lawyers and the Shariah scholars involved with three Islamic banks and two Islamic insurance companies in GCC. The findings indicate a consensus among the respondents regarding how the Shariah corporate governance principles can present barriers for cross-border M&As. Key obstacles to the success of cross-border M&As between the Islamic and the non-Islamic companies include the Shariah compliance, weak systems of disclosure, dependency, corruption in compliance, having family members on the Board, weakened communication with external auditors, different interpretations of Shariah by different scholars and a lack of alternative Islamic financial instruments. The comprehensive research in this paper fills the research gap by specifying the key attributes of considering the future implementation and management of M&As in broader scopes. [ABSTRACT FROM AUTHOR]

This paper examines a new approach to defining the task of personnel management in the digital age, taking into account the fundamental changes in internal communications stemming from an increasing use of digital platforms such as intranet, blogs, bulletin boards, instant messaging, and social networking sites. Personnel social media presence plays internal communication roles and thus relates to technologies of social profile analysis regarding employee interaction within the digital economy. The research aims at examining the task of personnel management based on data deriving from social media, for instance social networking sites and other social media tools, with the development of a relevant model for personnel management assessment. It could be shown that communication becomes one of the important aspects of personnel management, which consists of, i.e., human resources planning, recruitment, onboarding, assessment of individual work effects, as well as staff training, rewarding and motivating employees. Effective communication is a prerequisite for carrying out the above-mentioned tasks and performing work effectively. This means that the digital management of personnel can be viewed as a complex task, assuming that organizations operate less by using any formal connections and more by instilling in employees such feelings as feeling inspired, technologically advanced, and proud (on the basis of social media analytics). This paper presents theoretical foundations for developing a model for personnel management with consideration of the distinct employee features based on social media data and included in the assessment process. This allows the same approaches to be used for future research and modeling for assessing team effectiveness. In this paper, a methodological and instrumental solution to the current problem of creating the most effective work team in a digital ecosystem is proposed. The tools proposed to make it possible to create the most potentially effective work teambased on the automated processing of natural information contained online on social profiles of potential members of the work team. At the same time, the level of communication compatibility acts as the criterion for the potential effectiveness of the work team. This is an innovative solution for the existing method of managing personnel. [ABSTRACT FROM AUTHOR]

Railway stations are centers of mass accumulation of people. Additional regulations change the intensity of the flow of visitors and the time of entering the station. Delays become an essential factor affecting the perceived satisfaction with all services at stations. This paper analyzes the impact of the intensity of passenger flow in the key areas of the station (entrance groups) on the satisfaction of visitors with station functioning (by the example of Moscow railway stations). The authors of the paper used methods of observation to measure the current passenger flows at the entrances to the station and also collected secondary data on transport flows at city railway stations. To predict passenger flow, the authors used statistical methods to assess the relationship between variables and regression. The paper used a survey of passengers to analyze satisfaction with the functioning of railway station facilities and assess the acceptable delay time at the entrance/exit to the station. The article substantiates that in the context of current requirements for transport security, an important factor for perceived satisfaction with station services is the forecasting and management of passenger flows and control of time of entering the station. [ABSTRACT FROM AUTHOR]

High-tech zones are an important platform for local governments in China to carry out regional collaborative innovation and an important carrier for the construction of a regional innovation ecosystem. The evolution path of innovation ecosystem in a high-tech zone is divided into three stages: enterprise collection, industrial cluster, and system integration. The innovation subjects form a complex network system that transcends the physical boundary. This paper studies the relationship between innovation input, innovation output, and innovation environment from the perspective of cluster innovation ecosystem structure. Using data mining technology, this paper establishes an index variable system of the innovation ecosystem in a high-tech zone, which includes innovation input, innovation output, and innovation environment. Based on the data of the Nanning National High-tech Zone in China, empirical tests were carried out, using factor analysis and regression analysis to analyze the quantitative relationship between the input, output, and innovation environment of the Nanning High-tech Zone's innovation ecosystem, and to explain the relationship between each other and the overall innovation of the high-tech zone. This research has certain practical significance for enriching and perfecting the theory of industrial clusters and studying the evolution of the innovation ecosystem of high-tech zones from a micro level. It has important, enlightening significance as a reference for the construction of innovative high-tech zones and the enhancement of high-tech zones' independent innovation capabilities. [ABSTRACT FROM AUTHOR]

Mobile applications users consider it especially important to have quality certification, and particularly in an e-health context. However, if the app is certified, will user satisfaction be greater? This paper is intended to help answer that question. Therefore, with user satisfaction as a determinant of the quality of services, the purpose of the paper is to understand the extent to which certified and non-certified mHealth apps influence user experience. This was measured by online reviews and downloads. An empirical study was carried out with 50 mHealth apps (21 certified, 29 non-certified), which is a convenient sampling procedure. The Mahalanobis matching technique was used to test for significant differences between the groups. A comparative content analysis was performed on 6188 user comments and on app downloads. Non-parametric tests were preferred because the variables analyzed had a categorical structure. A log-linear model and advanced contingency tables were used to examine the more than two-way relationships of variables. The results show differences between the two samples (certified and non-certified mHealth apps). However, quality certification labels as a guarantee of the quality of apps do not have a modulating effect on the online reviews and downloads relationship. The model showed a statistically significant partial association between "certification" and "online user reviews" (Z = 2.174; sig = 0.042)] and between "download" and "online user reviews" (Z = 2.387; sig = 0.017). [ABSTRACT FROM AUTHOR]

This paper examines a new approach to defining digital ecosystems. Within the digital economy of ecosystems, competition is eliminated, and organizations form unions and alliances in order to work together and cooperate to reach a set goal. This means a digital ecosystem can be viewed as a complex environment in which organizations without any hard ties operate. Digital ecosystems differ from traditional ecosystems in many ways. The business organization of the latter is based on management decision making by people. This paper presents theoretical foundations for developing digital ecosystems based on a literary review. Based on the logic of scientific search using the keywords "ecosystem" and "biological ecosystem", the commonality of the properties of the digital ecosystem and the biological ecosystem is shown. The aim of the study is to identify common characteristics in biological, economic and digital ecosystems in order to substantiate the possibility of using the same approaches for research and modeling of such systems. A definition of a digital ecosystem is proposed by the authors which points out the main features of this kind of system and highlights the dominant role of modern digital technologies in the formation of the digital ecosystem. The paper looks at the distinctive features of digital ecosystems and characteristics similar to the characteristics of biological ecosystems, such as ecosystem participants, presence of limiting impacts, lack of vertical hierarchical communication. The developed model can be used to model digital ecosystems. The authors believe that the emergence of a trend in the transformation of ecosystems in the direction of expanding the collaboration of economic agents is reasonable. At the same time, digitalization helps to replace competition with collaboration. The paper finishes with a discussion of the obtained results and a plan for further research. [ABSTRACT FROM AUTHOR]

New product development is an important innovation that should be done to meet consumers' new trends. This paper is prominent as it discusses new product development through the inactive problem perspective in SMEs in Indonesia as a way to explore customers' expectations, which are often challenging to analyze. The capability to develop a new product based on the inactive problem perspective allows SMEs to become pioneers that possess various competitive advantages, including strong brand awareness. This study included 14 samples of SMEs to represent the characteristics of SMEs in Indonesia between 2016 and 2018. We used the particle swarm optimization approach for the decision making of several SME parameters with the profit maximization function. This paper is the first paper to discuss the relationship between the cost of ideas and production costs in the types of SMEs with an inactive problem perspective in Indonesia to obtain maximum profits by considering various factors that affect the costs and revenue of SMEs. This paper also analyzes the cost used for an idea realization to get maximum profit. This study shows that differences were found in each type of SME, and these difference were related to the amount of funds that were used to explore, realize, and make a profit out of a specific idea. [ABSTRACT FROM AUTHOR]

This paper aims to explore and to illustrate success factors of reciprocal synergies of digital transformation-based merger and acquisition (M&A) deals in the grocery retail industry. The author carried out a case study on the merger of Ahold Delhaize in 2016. The paper's contribution is a conceptual model of research that helps in pre-acquisition analysis on competence-based synergies in M&Ato value strategic synergies as market value added a using real options application. By combining qualitative and quantitative research methods, the author provides empirical evidence to indicate the validity and value of the proposed research framework for both scholars and practitioners alike. [ABSTRACT FROM AUTHOR]

In the paper, the author takes stock of the conceptual reflection and empirical studies described in the current scientific literature on responsible innovation in the context of the emergence of the Responsible Research and Innovation (RRI) concept. RRI has been promoted in the European Union as a part of the Europe 2020 strategy with the objective of making research and innovation more sustainable and inclusive. As more than half of the EU's firms declare they are conducting innovation activities, RRI problems are more relevant than ever. There remain many open questions, unresolved dilemmas and empirical white spots that call for more research in this field. This paper's focus is the problem of RRI acceptance as a global framework for responsible innovation and the scarcity of suitable instruments that may help industries understand and adopt this concept. The main contributions of this paper include critical analysis of the RRI concept and its implications for industry, proposing a concept of an RRI index for innovating enterprises. [ABSTRACT FROM AUTHOR]

This paper retrospectively examines how the digital payment-financial inclusion nexus fostered demand-driven payment system innovation and diffusion within the global open economy during the COVID-19 crisis. To that end, the paper uses a cross-sectional sample of 127854 respondents from across 123 economies, extracted from the 2021 wave of the Global Findex Survey. Together with a hybrid theoretical framework that bridges the quadruple helix (QH) innovation model with random utility theory (RUT), the study characterizes individuals' stated preferences for cashless payment across the three consumption domains of in-store shopping, online shopping, and regular bills settlement. The parameters of the resulting econometric model are estimated within the R software version 3.6.3. The findings from all nine considered demand side financial inclusion indicators reveal that globally, during the crisis, formal financial inclusion had a significantly positive impact on the marginal utility, and thus likelihood that individuals use digital payment solutions (DPS) for in-store and online shopping experiences, as well as regular bills settlement. Additionally, DPS uptake for online shopping highlighted a significant gender-based gradient in favor of males. Moreover, higher education levels, labor market participation, rising income levels, reduced COVID-19 related financial worries, mobile phone ownership, and internet access, are all found to have positively contributed to individuals' DPS uptake likelihood during the crisis. Furthermore, a cross-country heterogeneity in individuals' cashless payment preferences remained persistent across the three consumption domains due to macroeconomic, regulatory, cultural, and digital infrastructural readiness differences between countries. Overall, the findings provide support for evidence-based decision making by all digital payment ecosystem stakeholders. [ABSTRACT FROM AUTHOR]

The paper explores the concept of Regional Innovation Systems (RIS) in the context of the tourism industry. It emphasizes the importance of collaboration and competition among companies within regional systems to foster innovation. It also discusses the role of social capital, relational assets, and social relationships in driving innovation within RIS. The Campania Region recognizes the importance of tourism for its development and supports the digital transition, modernization of public administration, communication infrastructure, and production system. In this vein, the paper proposes a theoretical framework that combines dynamic capabilities, relational view, and resource-based theory to explain the mechanisms and dynamics of RIS. The co-creation of innovation and strategic plans within a system of regional assets is highlighted as a key aspect of RIS. The paper concludes by emphasizing the need for collaboration, innovation, and the integration of various stakeholders' interests in the development of sustainable and innovative regional systems. [ABSTRACT FROM AUTHOR]

Cultural inclusion generates a positive impact by socially increasing pride for individuals or economically increasing a country's global capital. Currently, in New Zealand (NZ), not many strategies exist that ensure inclusion of culture in new products introduced locally and globally. Further, cultural inclusion in products appears highly represented in the tourist markets, but not so much in the domestic markets. This paper examines the current NZ strategies for cultural inclusion in product development of different sized companies that supply locally and globally through three case studies and compares the findings with theoretical models used in other regions. Findings elaborate that NZ lacks in documented standardized strategies when it comes to cultural inclusion. A positive impact of having such a strategy is perceived by participating companies with a culture for open innovation to ensure they are following a process approach that can help include cultural aspects appropriately. Creating a unique position for the brand globally, increasing global capital and deeper connectivity, and increasing the understanding of culture were some key benefits identified. However, a few steps in the new product development process were found largely lacking in NZ firms, such as communication with cultural representatives and leaders. A cultural inclusion model is developed based on the study findings to include an open innovation culture that can help NZ companies be more inclusive in their design and establish a unique NZ market for generating positive impacts. [ABSTRACT FROM AUTHOR]

COVID-19 severely impacted small industries in Indonesia and many collapsed. Sustainable education is essential to help small industries recover post-pandemic through an open innovation design program to improve small industries' economic, social, and environmental performance. This paper examined the impacts of the sustainable education program implemented and explored open innovations suitable for the sustainability of small industries in developing countries, such as Indonesia, after the pandemic. This research employed a Participatory Action Research (PAR) approach involving academics, government, the community, and four small industries in West Java, Indonesia. Our findings reveal that the sustainable education program through learning activities and direct practice provides valuable knowledge and experience for small industries in designing economic, social, and environmental innovations. Open innovations post-pandemic suitable for small industries in Indonesia include simple business digitalization for company economic growth, the recruitment of people losing their jobs due to the pandemic to achieve social benefits, and innovations in using environmentally friendly packaging and charcoal briquette fuel as an environmental awareness effort. This study recommends that the open innovation designed for small industries be right on target and done using a participatory method to achieve sustainability after the COVID-19 pandemic. [ABSTRACT FROM AUTHOR]

The purpose of this research paper is to explore the antecedents and consequences of circular entrepreneurship in emerging markets. The consequences of circular entrepreneurship will be explored through the lens of three dimensions of sustainability: social, economic, and environmental. This study used a multi-case approach, which is frequently applied in circular business literature. The study used convenient and purposeful sampling techniques to identify circular entrepreneurs starting a business by recognizing opportunities in CE. We interviewed the 15 entrepreneurs (all participants engage in plastic circular entrepreneurship) with more than 8 years of experience. We employed a semi-structured interview method because respondents explored important information during the interview. Atlas.ti, a prominent qualitative software package, was used for analysis. This study portrays the antecedents and consequences of circular entrepreneurship identified when circular entrepreneurs take the initiative to serve low-income customers. This study points out that circular entrepreneurs can be motivated both intrinsically and extrinsically. The consequences of circular entrepreneurship show how such enterprises impact on society, sustainability, and the economy. The study points out that circular entrepreneurship can have both positive and negative impacts on the environment. By investigating the determinants and consequences of circular entrepreneurship in emerging markets, the authors make a significant contribution to the field of circular economy and entrepreneurship. We have limited logistics and resources, thus we did not collect data from stakeholders, who might provide a richer picture and insights into how circular products affect their lifestyle. Policymakers can get a better understanding of such enterprises from the findings of this study. They should reassess policies regarding circular entrepreneurship and suggest ways to promote open innovation within circular entrepreneurship. Circular enterprises serve low-income customers by offering an affordable product with attractive features. The government should develop an open innovation action-packed forum to find, design, and create prototypes, as well as introduce more comprehensive sustainable solutions for wastable plastic products. [ABSTRACT FROM AUTHOR]

The active digitalization of the healthcare system has given impetus to the emergence of a new type of enterprise—high-tech medical organizations (HMO). Their main distinguishing feature is the use of innovative high-tech medical equipment. However, the high cost of this equipment has become a factor slowing down the development of such organizations. This paper considers the life-cycle contract (LCC) as a special form of interaction between stakeholders and investments throughout the life cycles of equipment. Moreover, to provide technological support, continuous acquisition and life-cycle support (CALS) technologies, which are based on the same principles of working with the life cycle as LCC, are proposed. This question turned out to be a significant research gap, which was not sufficiently reflected in the available world studies. Thus, the aim of the current study is to describe the features of the use of LCC for HMO using CALS technologies and the impact of the life cycle of high-tech medical equipment on LCC, as well as to present the innovative component of the proposed model. Based on the analysis of the literature and the best world practices, the authors propose a visualization of the interaction of all stakeholders within the LCC for HMO. Such a decision is extremely relevant for developing organizations, public authorities and investors around the world. [ABSTRACT FROM AUTHOR]

The combination of non-fungible token (NFT) with paintings, music, games, videos and other forms of creative content is an innovation to protect the copyright of authors. It digitizes physical works with unique labels. At present, the NFT industry is blooming in the area of digital collections in China, attracting increasingly more artists, art collectors and platform enterprises to interact. However, the NFT digital collection platform is facing challenges and growth limitations. This study adopts the theory framework of responsible innovation. Through semi-structured interview and secondary document review, it analyzes the positive and negative effects of China's NFT digital collections alongside technological, economical, ethical and social dimensions. The paper proposes four development paths to achieve responsible innovation of this emerging new business. Further discussion links NFT with open innovation dynamics, alongside areas for future research. [ABSTRACT FROM AUTHOR]