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Background and Objectives: In March 2020, the WHO declared the SARS‐CoV‐2 corona virus a pandemic which caused a great disruption to global society and had a pronounced effect on the worldwide supply of blood. Materials and Methods: In 2022 an on‐line meeting was organised with experts from Austria, Canada, Germany, Greece, Netherlands and United States to explore the opportunities for increasing preparedness within blood systems for a potential future pandemic with similar, or more devastating, consequences. The main themes included the value of preparedness, current risks to the blood supply, supply chain vulnerabilities, and the role of innovation in increasing resiliency and safety. Results: Seven key recommendations were formulated and including required actions at different levels. Conclusion: Although SARS‐CoV‐2 might be seen as a unique event, global health risks are expected to increase and will affect blood transfusion medicine if no preparedness plans are developed. [ABSTRACT FROM AUTHOR]

This paper aims to describe the process underlying the submission and acceptance of high quality papers to top journals via a model of asymmetric information. Researchers have the relevant information, namely the probability that the research paper will be recognised by the scientific community. The model predicts many empirical facts of modern publishing systems: top journals receive too many submissions; few published papers are recognised by the scientific community; risky papers benefit from imperfect information, and groundbreaking papers are more likely to be published than in the case of perfect information; the distribution of papers can be skewed to the right. An extension of the model that considers the reputation of researchers shows that researchers with low reputation may be precluded from publishing in top journals, so the scientific system may be against innovation fostered by young scholars. Monte Carlo simulations and real data are used to substantiate the paper's findings. Policy implications and Pareto efficiency are also discussed. [ABSTRACT FROM AUTHOR]

Enterprise Risk Management (ERM) has emerged as a response to globalization and regulatory pressure on firms to manage their risk comprehensively. CSR is related to corporate risk management, as by engaging in CSR activities firms can be more effective in managing stakeholder relationships. Extant studies rarely examine both issues to the level of digital transformation. In the coming years, the issue of digital transformation will have an even bigger impact on business models. The first step in the effective implementation of ERM is the ability of the organization to learn and understand the requirements of ERM implementation in its company. Thus, it is important to examine the effect of the maturity learn element in ERM and CSR as risk management on the level of digital transformation. In addition, this paper also examines the moderating role of CSR on the association between ERM and the level of digital transformation. Our samples consist of manufacturing companies of developed countries in the European Union (which consists of Italy, Spain, Belgium Switzerland, Germany, France, and UK). The paper found evidence that enterprise risk management has a positive significant effect on the level of digital transformation. The paper also found evidence that CSR has a direct effect on the level of digital transformation. However, the paper failed to provide supporting evidence on the moderating role of CSR on the association between ERM and the level of digital transformation. [ABSTRACT FROM AUTHOR]

The academic finance profession has the potential to be uniquely purposeful due to four characteristics – the freedom to take risks and work on what we're passionate about, the loyalty to our profession rather than just our institution, the collaborative nature of the creation and dissemination of knowledge, and the magnitude of our potential impact. However, what the profession currently values, and its current social norms, are significant barriers to the fulfilment of this potential. This article highlights the special features of our profession that we often take for granted and ignore, and proposes ideas to make it not only more impactful and relevant but also more collegial and fun. [ABSTRACT FROM AUTHOR]

This paper explores a theoretical and empirical discussion of the ability of business form a particular sector to transition towards sustainability. The paper contextualises the discussion within the theoretical framework of a 'Risk Society' as outlined by Ulrich Beck. In particular, the paper highlights the relationship between sustainable development, and what Beck describes as the emergence of an emancipatory catastrophism. This theoretical framework is then applied to a novel approach for exploring sustainability through the process of branding ultimately highlighting an industry's receptiveness to the United Nations Sustainable Development Goals. Uniquely, this paper challenges and expands on the narrative of branding as a discursive process that moves beyond a narrow marketing framework. Using a mixed methods approach of in‐depth observation, interviews and surveys, the paper focuses on a case study of the largest lifestyle retailer in the surf skate and snow sector. The empirical research is applied both within the case study company itself and over 300 brands in the surf skate and snow sector. Results point to a receptiveness to embedding the sustainable development goals in business models whilst highlighting the challenges that exist from both a business operation and resourcing perspective through to external factors. Furthermore, results highlight the disparity between internal business processes and the process branding. A typology is presented that highlights the relationship between business, the sustainable development goals and theoretical debates. [ABSTRACT FROM AUTHOR]

Besides the substantial advantages of adopting information and communication technologies (ICTs), software small medium enterprises (SSMEs) face major challenges largely connected to knowledge sharing, security, and management of data and information. The objective of this paper is to propose a platform backed with the advantages of blockchain technologies, allowing intra‐ and inter‐organizational knowledge and information sharing in SSMEs without losing control and ownership. Blockchain technology has the potential to bring about significant improvements in enhancing business models and processes wherein the authenticity of data is provided by smart contracts at every access point in a distributed information cycle in a transparent manner. The findings will support businesses in enhancing information flow, innovation, and competitive advantage in the current dynamic market. Unlike existing studies, which merely discuss the broader use of blockchain technology in the SSME domain, this paper provides a fresh promising direction in transforming SSMEs digitally. [ABSTRACT FROM AUTHOR]

A review of research on innovation and new product development points to certain foundational issues of concern such as the use of (1) different definitions of constructs germane to the field (e.g., definitions of innovation, innovativeness, and specific types of innovations), (2) different construct labels to refer to specific innovation types, and (3) the same construct label to refer to different innovation types. Over the years, scholars have cautioned that a body of research in a field of study that is based on different definitions of constructs germane to the field would slow the advancement of knowledge. Against this backdrop, the purpose of this Catalyst paper is to initiate a conversation on the prospects for mitigating the definitional quagmire in research on innovation and new product development by developing an inclusive definition of innovation that can be used as a template for defining various types of innovations uniformly. Toward this end, the paper proposes an inclusive definition of innovation based on idea, outcome, and value creation as the defining or essential characteristics of all innovations. Definitions of 10 specific types of innovations defined in a consistent manner, employing the proposed inclusive definition of innovation as a template are also presented. All else being equal, consistency across research studies in the definitions of constructs employed can be conducive to the advancement of knowledge in a field of study in several ways such as streamlining the curation of the research‐based knowledge, facilitating the grounding of new research in prior research (i.e., curated knowledge), and eliminating differences across studies in the definitions of key constructs employed as a potential confound on the research findings. [ABSTRACT FROM AUTHOR]

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This paper first studies the impact of stakeholder interest on the agency problem by selecting different proxies for key measurements from companies listed on second‐board markets from 2013 to 2019 to investigate the effect of the equity incentive on companies' innovation levels. In addition, this paper adds two moderating variables, ownership concentration and financing constraints, to analyse their moderating effects on the relationships between equity incentives and enterprise innovation. The empirical results show a significant positive correlation between equity incentives and the level of corporate innovation output. In addition, a high degree of ownership concentration can strengthen the positive promoting effect of equity incentives on a company's innovation output. However, when a company faces financing constraints, the promotion effect of equity incentives on the company's innovation will be restrained. [ABSTRACT FROM AUTHOR]

Financial technology is changing the banking industry. A blend of high‐tech inventions is altering business as it reacts to unpredictability, indecisions, intricacy, and vagueness in the financial area. Banks are embracing this change and adapting financial technology in their banking products and services in customer advisory, artificial intelligence models, blockchain security, and many more. Given the dearth of literature on the arising subject of Fintech banking this paper provides a status quo and the trend of Fintech banking. A review is done of 3268 documents from the data extracted from Google Scholar for the year 1966–2021. Qualitative analysis including co‐occurrence analysis and the trend analysis was applied with the help of documents analysis, citation analysis, influential journals and authors, and leading countries in the research space. The results were achieved using the NVivo and Vosviewer software. The results identified significant topics trending in this space which include credit risk, artificial intelligence models, robot‐advisory, and decentralized blockchain usage in banking management. [ABSTRACT FROM AUTHOR]

Global research has shown that most young people who are care experienced are not prepared to transition to independent living at 18 years of age and require support into early adulthood. We used rigorous systematic methods to identify English‐based peer reviewed and grey literature describing innovations relevant to care experienced young people as they transition into adulthood, with a focus upon lessons for their implementation and diffusion. We synthesised the evidence narratively and organise data linked to seven key areas important to the transition to adulthood: (1) Health and well‐being; (2) relationships; (3) education and training; (4) employment; (5) participation in society; (6) accommodation; (7) other. Twenty‐five papers met our inclusion criteria. This review has found that, whilst there are a broad spectrum of innovations taking place within the social care environment for care experienced young people to support their transition into adulthood, there exists limited insight into how best to support implementation and diffusion of evidence‐based innovation. We drew upon the 'Consolidated Framework for Implementation Research', developed in the setting of clinical service delivery, to highlight challenges in implementing and diffusing evidence‐based innovation for care experienced young people transitioning into adulthood. [ABSTRACT FROM AUTHOR]

The U.S. higher education system stands out in three dimensions. First, it has the highest number of leading research universities. Second, it displays significant differentiation: multiple types of institutions offer services that differ in cost, prestige, etc. Third, it has a laissez‐faire/free‐market orientation: private and public entities are free to open schools and compete; essentially all schools enjoy substantial autonomy. This paper makes the case that these features are systematically related. The development of the American higher education market—which allowed market forces to operate and lacked centralized planning—contributed to the emergence of differentiation and a set of leading research universities. [ABSTRACT FROM AUTHOR]

Peer review plays an essential role as one of the cornerstones of the scholarly publishing system. There are many initiatives that aim to improve the way in which peer review is organized, resulting in a highly complex landscape of innovation in peer review. Different initiatives are based on different views on the most urgent challenges faced by the peer review system, leading to a diversity of perspectives on how the system can be improved. To provide a more systematic understanding of the landscape of innovation in peer review, we suggest that the landscape is shaped by four schools of thought: The Quality & Reproducibility school, the Democracy & Transparency school, the Equity & Inclusion school, and the Efficiency & Incentives school. Each school has a different view on the key problems of the peer review system and the innovations necessary to address these problems. The schools partly complement each other, but we argue that there are also important tensions between them. We hope that the four schools of thought offer a useful framework to facilitate conversations about the future development of the peer review system. [ABSTRACT FROM AUTHOR]

In industry, successful innovation involves not only developing new statistical methodology, but also ensuring that this methodology is implemented successfully. This includes enabling applied statisticians to understand the method, its benefits and limitations and empowering them to implement the new method. This will include advocacy, influencing in‐house and external stakeholders, such that these stakeholders are receptive to the new methodology. In this paper, we describe some industry successes and focus on our colleague, Andy Grieve's role in these. [ABSTRACT FROM AUTHOR]

Unlike previous studies, this paper specifically casts light on Middle Eastern and North African (MENA) oil exporters that desperately need to give a strong boost to renewable energy (RE) sources and export rather than uselessly burn their hydrocarbon resources, which support an overwhelming part of their economies. This paper extends the previous research by investigating the impact of oil revenues, innovation, financial development, and governance on renewable energy generation in eight oil‐rich MENA countries over the period 1996–2020 using the three‐stage least squares (3SLS) estimator, which is asymptotically more efficient than the two‐stage least squares (2SLS) employed in the similar‐scoped study of Bellakhal et al. (Energy Economics, 2019, 84, 104541). Furthermore, this study aims to detect structural changes in the econometric relationships between variables depending on a novel test with structural breaks proposed by Karavias and Tzavalis (Computational Statistics & Data Analysis, 2014, 76, 391–407). The main findings indicate that oil rents negatively and significantly affect RE production in MENA oil exporters in general and in non‐GCC countries in particular. While renewable energy production in the GCC countries is positively and significantly affected by oil rents. Innovation‐led RE increases at a greater pace in the GCC countries than in their non‐Gulf counterparts. renewable energy production appears to be positively and significantly affected by financial development and governance in oil‐rich MENA countries. [ABSTRACT FROM AUTHOR]

Against the backdrop of the current political developments in Central and Eastern European (CEE) countries, such as Ukraine, Poland, and Romania, the question arises as to the role played by economic transformation and the resulting innovation linkages in these countries over the last 20 years. The main purpose of this paper is to explore the impact of economic and institutional dimensions on the development of CEE countries, explicitly distinguishing between European Union (EU) members and non‐members, and thus reflecting the differences in institutions and path dependency. Furthermore, the paper contrasts the performance of CEE countries with that of Western European countries. To achieve these objectives, the impact of factors such as innovation, institutions, and political practices on the economic development of 37 European countries from 2000 until 2020 is followed using fixed effects regression and Ordinary least squares (OLS) regression. The results of the analysis show the importance of institutional factors such as low levels of corruption, political freedoms, and intellectual property. The effect of institutional variables was particularly pronounced in the case of non‐EU countries, which indicates the particular importance of the development of stable institutions for achieving higher levels of economic development for this category of countries. [ABSTRACT FROM AUTHOR]

Plastics have transformed the automotive industry, contributing substantially to automobile design, weight reduction, fuel efficiency, safety, and sustainability. This review paper examines the applications of plastics in the automotive sector, evaluates the present trends, and describes the future plastic consumption possibilities, emphasizing emerging technology and sustainable practices. The paper delineates how plastics have become an essential component of automotive innovation and illustrates the possibilities for additional breakthroughs in this dynamic industry. Highlights: Advances in plastics, bioplastics, and smart materials in the auto industry.Plastic role in design, safety, and sustainability in the auto industry.Recycling and the circular economy of plastics in the auto industry.Collaboration of stakeholders to drive change in the auto industry. [ABSTRACT FROM AUTHOR]

This paper argues that there is a requirement to connect project management (PM) with innovation and sustainability to address new societal needs. Societal demands have facilitated further complexity and uncertainty within the PM discipline and have led to both theoretical and practical evolutions. Key evolutions are identified, which suggests that PM is becoming more holistic and interdisciplinary in nature so it can successfully deal with this complexity and uncertainty. Furthermore, holistic thinking naturally connects with systemic thinking, which justifies the selection of system dynamics (SD) to support PM decision‐making. An extensive critical review of SD modelling with respect to identified evolutions within the PM discipline is undertaken. The contribution of this paper connects innovation and sustainability to the PM discipline by the initial development of a causal loop diagram (CLD). [ABSTRACT FROM AUTHOR]

Background: With the development of modern medicine, the Traditional Chinese Medicine (TCM) combined with western medicine began to be produced and applied. Scalp acupuncture (SA) as a Chinese medicine based on neurological theory, has a great advantage compared with TCM in the treatment of nervous system diseases. Method: In this paper, we analyze the physiological and pathological manifestations of sexual dimorphism (SD) to illustrate the necessity of SD treatment. In addition, we review the factors that can affect SD and analyze in physiological structure, function, and pathological neurons. Diseases (pathological basis, pathological manifestations, and incidence) and factors leading to gender differences, which to analyze the possibility of gender differences in SA. Result: Furthermore, we creatively a new insight of SD‐SA and provide the complete SD treatment cases on the basis of the existing SA in different kinds of diseases including stroke, migraine, attention deficit hyperactivity disorder (ADHD), and depression. Conclusion: In summary, we believe that it is feasible to improve the clinical effectiveness of SA, which is able to promote the development of SA, and then provides an actionable evidence for the promotion of precision medicine in the future. [ABSTRACT FROM AUTHOR]

The Chinese government has emphasized innovation as the primary driving force for economic development in the new era. This paper studies the effect of import policy uncertainty (IPU) on the innovation activity of Chinese manufacturing firms. It establishes a simple model to show that the presence of IPU encourages innovation and that a reduction in IPU discourages innovation. It distinguishes the almost unnoticed IPU reduction from tariff reduction on China's WTO accession and develops a novel difference‐in‐differences specification that identifies the negative effect of IPU reduction on innovation using updated data for Chinese manufacturing and patent filings. The result holds after a battery of identification assumptions and robustness checks are considered. The import channel explains about two thirds of the effect of IPU on innovation, but not all of the effect. Finally, this paper examines the effect across firms of different levels of productivity and ownership types and patents of different categories. [ABSTRACT FROM AUTHOR]

Research question: Share pledging by controlling shareholders can be motivated by business or personal purposes. We investigate whether the firm performance and innovation outputs are different for firms with controlling shareholders pledging shares to support their firm's financing (business‐pledging firms) and those pledging shares for increasing personal wealth (individual‐pledging firms). Research findings: Using data from publicly listed Chinese firms, we find that business‐pledging firms are associated with higher changes in Tobin's Q and more patent outputs compared with individual‐pledging firms. In additional tests, we show that the impact of share‐pledging purposes on firm performance and innovative outputs is more pronounced for Chinese non‐state‐owned enterprises, which have relatively limited access to traditional bank loans. Theoretical implications: In this study, we bring new empirical evidence to agency theory, especially the "principal–principal" problem. We identify two inherently different purposes in share‐pledging cases—business pledging and individual pledging. We show that in business‐pledging cases, pledgers' interests become more aligned with outside shareholders, and pledgers have higher incentives to enhance firm value and innovation productivity, relative to individual pledging. This paper adds to the evidence on the bright side of share pledges. Practitioner implications: This paper sheds light on the recent policy debate regarding the costs and benefits of share pledging and has implications for regulators and investors. Thus, it may be vital for publicly listed firms to disclose the purposes of share pledging. [ABSTRACT FROM AUTHOR]

Extending 30 years of NPD best practice studies, this paper presents the results of the most recent 2021 global best practice survey on product development management practices conducted by the Product Development & Management Association (PDMA). With responses from 651 companies in 37 countries, the results reveal once again that no single capability is necessary or sufficient to explain the best performance. The Best firms rely on the skillful combination of multiple new product development (NPD) practices to achieve greater overall innovation success. However, for the first time in this series of research, having an innovation strategy that encourages radical innovation, is oriented toward risk‐taking and long‐term, and strives for growth through new markets and new technologies is now a more important component of these practices than was previously found. Further results regarding the practices of the Best are discussed in the paper, and implications are provided. [ABSTRACT FROM AUTHOR]

This paper examines the four‐way linkages between innovation, trade openness, financial development and economic growth using panel‐VAR approach for 11 European countries over the period 2001‐2016. Most importantly, the findings revealed that there is a unidirectional relationship between economic growth and financial development, between trade and economic growth and between innovation and financial development. The findings also revealed a negative relationship between innovation and economic growth and between trade and economic growth. The paper concludes that further regulation of financial systems and the quality of funding are important ingredients to foster economic development. The paper also concludes that country‐specific characteristics can play an important role in fostering innovation and productivity. Furthermore, policymakers should improve institutional quality and improve the regulatory environment in order to benefit more from trade openness. Also, policy makers need to use innovation incentives for local companies in order to counteract the negative effects induced by market opening. [ABSTRACT FROM AUTHOR]

The aim of this paper is to examine empirically the relationship between international quality certification, and information and communication technology (ICT) capability with the firm's export performance by considering the variables of the firm's innovation as a mediator. The data used in this research is derived from the Enterprise Survey from the World Bank involving total more than 4000 firms' respondents from four countries in the Association of Southeast Asian Nations (ASEAN) including Indonesia, Malaysia, Philippines and Vietnam. Analyzed using the Partial Least Square (PLS) technique, the findings show that both international quality certification and ICT capabilities, mediated by innovation, has a significant effect to export performance. The study's findings can help managers and policymakers in developing economies, particularly in ASEAN, improve their firms' export performance. [ABSTRACT FROM AUTHOR]

Innovation literature shows that the characteristics of a company's innovation processes determine their performance in different areas. In this study, we adopt a general conceptual model from innovation theory and apply it to packaging innovation. This helps identify and describe subprocesses in packaging innovation and how to measure their performance. It also links the packaging innovation process to the cost and climate performance of packaging. Based on the modified model for packaging innovation, the purpose of this paper is to develop and apply a scorecard for assessing the packaging innovation process. The first step in the methodology was the conceptual development of a model describing the packaging innovation process and a scorecard for assessing this process. The second step was to demonstrate and validate the scorecard in a case study covering packaging innovation at a major retail company. Data were captured from six semi‐structured interviews and two workshops, as well as observations and site visits. The conceptual model defines packaging innovation using seven interrelated subprocesses and their impacts on cost and climate performance. The scorecard that was developed in the research study describes how to measure the subprocesses and their output. The quality of each of the seven processes is measured on two to four dimensions. Each dimension can reach a score of one to four, where each score is clearly defined. The case study showed that the scorecard seems to be an effective way of measuring the complex packaging innovation process and identifying concrete ways to improve packaging innovation. The case study validated the scorecard and demonstrated how it can be applied. The application also showed how the case company performs in packaging innovation compared to best practice in each subprocess. The validation showed that the scorecard is sufficiently functional and useful, although it requires input from multiple sources. The usability could only be partly assessed—it showed promising value as a basis for formulating action plans—but future studies should validate the scorecard's long‐term usefulness in creating action plans and assess their impact. The theoretically‐based scorecard is novel in terms of assessing packaging innovation and its impact on packaging performance in supply chains. It links the packaging innovation process to performance and helps companies identify improvement possibilities. The paper shows how the scorecard helps address packaging issues strategically by measuring the activities conducted in the packaging innovation process. One limitation of the study is that the long‐term usefulness of the scorecard could not be validated, as the validation would take longer than the time available for this study. [ABSTRACT FROM AUTHOR]

Summary: This paper examines the significant challenges that the agri‐food industry faces if it is to secure the skilled workforce needed to meet the requirement to massively expand food production across the globe. It highlights the significant role that specialist universities and higher education universities play in identifying, nurturing and equipping people with the knowledge and skills required by industry. It also highlights the complex practical and intellectual challenges the food industry faces in meeting the future food needs of the planet's inhabitants. It argues for the need for better story‐telling and collaboration across universities and industry to inspire more people to see this sector as a destination. [ABSTRACT FROM AUTHOR]

Advancement in all disciplines (art, science, education, and engineering) requires a careful balance of disruption and advancement of classical techniques. Often technologies are created with a limited understanding of fundamental principles and are prematurely abandoned. Over time, knowledge improves, new opportunities are identified, and technology is reassessed in a different light leading to a renaissance. Recovery of biological products is currently experiencing such a renaissance. Crystallization is one example of an elegant and ancient technology that has been applied in many fields and was employed to purify insulins from naturally occurring sources. Crystallization can also be utilized to determine protein structures. However, a multitude of parameters can impact protein crystallization and the "hit rate" for identifying protein crystals is relatively low, so much so that the development of a crystallization process is often viewed as a combination of art and science even today. Supplying the worldwide requirement for insulin (and associated variants) requires significant advances in process intensification to support scale of production and to minimize the overall cost to enable broader access. Expanding beyond insulin, the increasing complexity and diversity of biologics agents challenge the current purification methodologies. To harness the full potential of biologics, there is a need to fully explore a broader range of purification technologies, including nonchromatographic approaches. This impetus requires one to challenge and revisit the classical techniques including crystallization, chromatography, and filtration from a different vantage point and with a new set of tools, including molecular modeling. Fortunately, computational biophysics tools now exist to provide insights into mechanisms of protein/ligand interactions and molecular assembly processes (including crystallization) that can be used to support de novo process development. For example, specific regions or motifs of insulins and ligands can be identified and used as targets to support crystallization or purification development. Although the modeling tools have been developed and validated for insulin systems, the same tools can be applied to more complex modalities and to other areas including formulation, where the issue of aggregation and concentration‐dependent oligomerization could be mechanistically modeled. This paper will illustrate a case study juxtaposing historical approaches to insulin downstream processes to a recent production process highlighting the application and evolution of technologies. Insulin production from Escherichia coli via inclusion bodies is an elegant example since it incorporates virtually all the unit operations associated with protein production—recovery of cells, lysis, solubilization, refolding, purification, and crystallization. The case study will include an example of an innovative application of existing membrane technology to combine three‐unit operations into one, significantly reducing solids handling and buffer consumption. Ironically, a new separations technology was developed over the course of the case study that could further simplify and intensify the downstream process, emphasizing and highlighting the ever‐accelerating pace of innovation in downstream processing. Molecular biophysics modeling was also employed to enhance the mechanistic understanding of the crystallization and purification processes. [ABSTRACT FROM AUTHOR]

This paper examines how privacy regulation shaped firm performance. Controlling for firm and country‐industry‐year unobserved characteristics, we compare the outcomes of firms at different levels of exposure to EU markets, before and after the enforcement of the General Data Protection Regulation (GDPR) in 2018. We find that the GDPR had the unintended consequence of harming the profitability of companies targeting European consumers through the cost channel. Technology firms experienced a 2.1% decline in profits, but not in sales. The GDPR increased extra expenses, added to firms wage bills, and accelerated patenting in GDPR‐related technology fields. The main burdens have been borne by smaller companies. [ABSTRACT FROM AUTHOR]

Efforts to challenge mental health-related stigma have been limited by an insufficient conceptualization of the problem space. As is common in health communication, practitioners have neglected the multiple tacit understandings the public embody in everyday life. Using the example of our recent research into the public’s social representations of mental health and illness, in this paper, we will work through the theoretical-methodological considerations involved in how we approached expanding the problem space. Using social theory, we tailored thematic analysis and natural language processing techniques to examine the public’s polyphasic sense-making processes. The approach is novel, as it diverges from standard methods in understanding health communication and the possibilities for behaviour change. Instead, we root our approach in a dynamic and relational epistemology to iteratively reveal in greater complexity some of the contents and processes that sustain mental health-related stigma. [ABSTRACT FROM AUTHOR]

The purpose of the paper is to investigate how innovative, small‐to‐medium enterprises (SMEs) internationalize through utilizing wholly foreign‐owned entities (WFOEs), as there is a little research explaining this. This paper presents the findings from in‐depth case studies with 14 SMEs that internationalized to China as WFOEs. The SMEs internationalized as WFOEs in order to tap into opportunities and develop presence. WFOEs were developed either proactively or reactively, which provided a catalyst for internationalization. SMEs mostly used radical, game‐changing product innovations. However, findings from the case studies revealed that the Chinese market did not always accept western innovations, and adaptations had to be made. A new conceptual model with a range of theoretical propositions for future researchers is developed, based on the findings. [ABSTRACT FROM AUTHOR]

The way to Construction 4.0 in the production and construction of infrastructure projects The construction industry is facing profound changes. Among other things, the requirement of implementing a more sustainable building culture, the increasing shortage of skilled workers and the rising demand for infrastructure construction projects, are challenges of today. Indeed, the industry will not succeed in solving these challenges with the procedures and processes that have been practised for decades. Therefore, it is important to prepare the construction industry for the implementation of Construction 4.0. This paper explains what is behind the term Construction 4.0 and what difficulties currently exist in its implementation. Based on this, recommendations, measures and initial approaches for implementing are presented. Thereby, the paper focus on the production and construction phase of infrastructure projects, which is important for construction companies. [ABSTRACT FROM AUTHOR]

The water literature has mainly investigated the diversion and distribution of water from the source to the end users or the utilization of water at the farm level in crop production. This paper presents a supply chain perspective that links the innovation supply chain of water delivery and irrigation with the complete water supply chain to the crop and the crop supply chains. These supply chains are symbiotic. Changes in the demand for crops, agronomic technology, and knowledge about water will modify the water infrastructure, irrigation technology, land‐use and crop production patterns, and the pricing of water and related commodities. The parameters that guide investment in water innovation and the design of the water supply chain depend on political, economic, and technological considerations that have coevolved over time with water and crop systems. Evidence from California and elsewhere supports the findings of the paper. [ABSTRACT FROM AUTHOR]

Existing research provides contrasting perspectives on the implications of product recalls for firms. While some studies find that recalls represent failures that can motivate firms to innovate, others suggest that the resource‐intensive nature of recalls may inhibit firms from innovating. This study presents a theoretical framework that reconciles these two perspectives by proposing an inverted U‐shaped relationship between a firm's product recall frequency and innovation output. The paper also evaluates the effect of the firm's growth potential on the recall frequency–innovation relationship. Analysis of data on vehicle recalls and recall‐related patents in the automotive sector from 1980 to 2019 confirms the inverted U‐shaped relationship and shows that the relationship is steepened by the growth potential of the firm. Overall, the study presents a more nuanced understanding of learning from product recalls and bridges the supply chain disruption and innovation literature in the context of product recall. [ABSTRACT FROM AUTHOR]

This paper investigates the determinants of venture capital investments across 25 African countries over the period 2014–2019. In particular, it considers the significance of innovation and digitalization in Africa's venture capital activity. The results show that digital infrastructure, high‐technology exports, internet coverage, market size, minority investor protection and government effectiveness are the main drivers of venture capital deals in Africa over the period examined. More generally, these findings highlight that digital infrastructure and connectivity, innovation and institutional frameworks all play an important role in shaping a favorable environment to attract venture capital funding. [ABSTRACT FROM AUTHOR]

It has been well documented that cross‐listing can improve firms' governance quality and reduce equity financing costs, which are crucial for firms' innovation activities. In this paper, we investigate the effect of cross‐listing on the Hong Kong (HK) market on the innovation performance of Chinese mainland firms. We find that both innovation outputs and qualities increase significantly when Chinese mainland firms list their shares on the HK market. Concerning the channels through which cross‐listing encourages innovation, we demonstrate that cross‐listed firms can raise low‐cost funds in the HK market, which facilitates their innovation activities. Moreover, the HK market generates more informative stock prices, which mitigate innovation information asymmetry and also encourage firms' innovation. In general, our paper sheds light on a new factor (cross‐listing) that motivates firms to engage in innovation and highlights cross‐listing's function in improving innovation. [ABSTRACT FROM AUTHOR]

This paper studies the impact of foreign direct investment (FDI) on regional innovation, which is measured by patent applications and patent citations, based on city‐level data in China from 1995 to 2015. Using an instrumental variable approach, this paper demonstrates that FDI not only promotes the quantity of regional innovation, but also improves the quality of regional innovation in China. The findings are robust to various specifications of the empirical model and measurements. In addition, we highlight the channel of improving local absorptive capacity and market competition through which FDI exerts positive influence on regional innovation, and show that FDI acts as a substitute for local financial development to raise regional innovation. [ABSTRACT FROM AUTHOR]

This article explores the growing connections between the Persian Gulf states and the heavily militarised Israeli innovation ecosystem. The Gulf actors now play an increasing role in support of Israel as a globally expanding 'Start‐up Nation', and are involved in transforming Palestinian land into a regional frontier of technology in the West Bank and East Jerusalem. Israeli‐Gulf cooperation and its impact on Palestinians, however, has not been thoroughly researched. Drawing from fieldwork among Palestinian and Israeli innovation elites, we map these growing connections between Gulf state actors and Israel and analyse how the occupied Palestinian territories are further enmeshed in complex networks of financial capitalist and settler colonial security interests. Theoretically, the paper advances the critique of the contemporary settler colonial frontier, venturing beyond its usual Eurocentric and binary geographies. We conclude that 'innovation' is both (a) the terrain of expanding structures of Israeli colonisation and (b) the site of productive ambivalences and novel forms of resistance in an evolving regional and global reality. This article explores the growing connections between the Persian Gulf states and the heavily militarised Israeli innovation ecosystem. The Gulf actors now play an increasing role in support of Israel as a globally expanding 'Start‐up Nation', and are involved in transforming Palestinian land into regional frontiers of technology in the West Bank and East Jerusalem. Drawing from fieldwork among Palestinian and Israeli innovation elites, we map these growing connections between Gulf state actors and Israel and analyse how the occupied Palestinian territories are further enmeshed in complex networks of financial capitalist and settler colonial security interests. [ABSTRACT FROM AUTHOR]

Modern communication technologies make information more easily and quickly accessible, leading to more transparent and competitive markets. Based on a theoretical model, this paper provides new empirical evidence on the potential impact of online search intensity on asymmetric cost pass‐through. Prices often move as 'rockets and feathers': they rise quickly in response to cost increases and they fall slowly in response to cost reductions. A panel threshold error correction model is applied to weekly producer and retail prices of chicken and mutton in Iran. The results suggest that the volume of online searches is associated with a more complete and less asymmetric cost pass‐through from farmgate to retail prices. Thus, online platforms and search engines have the potential to increase competition by bringing prices closer together and reducing profit margins. [ABSTRACT FROM AUTHOR]

This paper explores the extent to which firms perceive to benefit from university‐industry collaborations in their innovation processes, building on survey data from 232 Norwegian firms. We find that firms experience not only direct innovation benefits from collaborations, but also indirect benefits in the form of closer proximity to universities, which can in turn improve future collaboration. We compare the reported outputs from various types of collaboration, finding that firms engaging mainly in research‐oriented interactions more often report that collaborations result in innovation than those engaging in education‐oriented or more informal collaborations. However, education‐oriented and informal collaborations are equally important for building cognitive, organizational, institutional and social proximities between firms and universities. [ABSTRACT FROM AUTHOR]

Humour is an integral part of human interactions, but it is not clear how it contributes to creativity in innovation. This paper provides new insights into the emerging literature about the impact of humour on creativity in innovation by conceptualizing humour as a situation‐specific state and using a mixed methods research design to investigate the use and impact of humour in two specific innovation contexts: idea generation by customers and collaboration in innovation teams. Our research makes four important contributions. (1) It suggests and demonstrates the relevance of a situation‐specific humorous mood. (2) It distinguishes between natural and instrumental humour and emphasizes that a purposely induced humorous mood can enhance creativity. (3) It shows that the impact of humour is not limited to a firm's individual employees but can also include external actors, such as customers and interactions between members of innovation teams. (4) It identifies the key drivers and effects of humorous mood in innovation. The findings from two empirical studies are integrated into a framework that captures the key concepts and relationships and that is also used to derive several directions for further research to better understand the effects of humour on creativity in the context of innovation. [ABSTRACT FROM AUTHOR]

Physical interaction platforms (PIPs) such as living labs, innovation hubs and fab labs can play a key role for complex innovation tasks in the context of grand challenges. Although research focuses predominantly on aspects like collaboration within and organization of these spaces, little research has shed light on the development process of the PIP itself. This paper aims to contribute to innovation literature by identifying essential dimensions for the design and sustainable operation of PIPs. We use and transfer conceptual knowledge and empirical evidence in an iterative taxonomy development process. Five iterations were performed: (1) initial screening of PIPs, (2) an expert workshop, systematic literature reviews on (3) platform classifications and (4) on platform‐mediated value creation, and (5) a taxonomy evaluation by practitioners. The resulting PIP taxonomy consists of 18 design dimensions summarized in five groups: physical architecture, platform actors, key‐value propositions, value creation and revenue logic. It contributes with (1) a tangible framework for PIP concept development building on established design dimensions from platform‐, business model‐ and value creation literature. (2) It emphasizes criteria that require thorough reflection in the design phase (e.g., IP rights), enabling practitioners to identify and overcome critical issues early. [ABSTRACT FROM AUTHOR]

Our knowledge of how to design innovation ecosystems that effectively deal with grand challenges or wicked problems is currently insufficient due to a lack of understanding of their joint innovation processes. Through the use of an in‐depth case of an innovation ecosystem designed to combat organized crime, this study shows how diverse government authorities manoeuvre innovation and interact to continuously make the challenge amenable and identify and implement provisional and innovative solutions. Drawing on extensive data gathered from observations, documentation, and interviews with multiple stakeholders, we contribute to the innovation ecosystem literature by offering a model of three interdependent and complementary innovation processes: responsive, preventive, and tactical innovation, supporting an ongoing and distributed experimentation among diverse actors. Furthermore, we emphasize the use of a hybrid interorganizational structure that combines hierarchical and horizontal structures, over one that is entirely network‐based, and we highlight the crucial role of a focal collective actor as opposed to a single orchestrator of the ecosystem. Finally, the study suggests attention not only to strengths and complementary attributes but also to vulnerabilities and gaps between involved actors, providing unique innovation opportunities. The paper offers valuable guidance to designers and coordinators of innovation ecosystems addressing grand challenges. [ABSTRACT FROM AUTHOR]

The purpose of this paper is to examine how the concepts of value cocreations may relate to airlines' overall impressions by using a mediation‐moderation examination. This study theorized the integrated concepts of first‐order and second‐order analysis of competition strategy and various means of innovation linkage. The proposed model also structured the moderating roles of empowering leadership in linking the process of innovation development. Multisource data were collected from 465 employees who work in airline firms. The results showed that decision participation, sustainability knowledge and innovation mediate the relationship between value cocreation and overall impression. Furthermore, the moderating role of empowering leadership strengthens the different relationships of innovation development. Managerial and theoretical implications are also proposed for future theoretical developments and empirical improvements. [ABSTRACT FROM AUTHOR]

This study explores whether the 'strength of weak ties' theory, derived from social network theory, can equally apply to business activities. To address this question, we conduct an empirical analysis, utilising 3‐year panel data encompassing 3881 samples of Korean small and medium‐sized enterprises (SMEs) in the high‐tech manufacturing sector. The primary objective is to examine the effects of inter‐corporate tie strength on innovative performance. The results reveal an interesting pattern in high‐tech manufacturing corporations, where the strength of a tie demonstrates an inverted U‐shaped relationship with an SME's patent achievement. Moreover, we observe that the effect of tie strength on an SME's patent achievement is positively moderated by its research and development (R&D) intensity. Furthermore, when an SME maintains weak ties within its relationship with a large corporation, its innovative performance experiences a more positive impact than in cases where no relationship with a large corporation exists, or strong ties are maintained. These findings suggest that for SMEs, maintaining an appropriate level of embeddedness with large corporations is an effective strategy for generating sustained innovative performance within an environment characterised by active technological innovation and intense competition. The principal contribution of this paper lies in the empirical validation of the theory of weak ties concerning a firm's innovative performance. [ABSTRACT FROM AUTHOR]

Corporate foresight involves strategically exploring multiple potential futures and serves as a tool to guide organizational decision‐making processes. Despite its significance, a predominant focus on immediate, short‐term issues often characterizes the operational mindset of many companies. As a result, companies frequently encounter challenges in achieving organizational ambidexterity—the ability to balance and leverage both the exploitation of current capabilities and the exploration of new opportunities in the future. In this paper, we propose a theoretical investigation of corporate foresight. We develop a conceptual framework that delineates different relationships between corporate foresight and organizational ambidexterity, providing a structured approach to understand how these concepts interact and influence each other. Our framework proposes three ways corporate foresight can significantly enhance ambidexterity within organizations. First, corporate foresight can be pivotal in identifying and analyzing future trends and disruptions, which can inform strategic decision‐making. Secondly, corporate foresight can better align an organization's long‐term strategic goals and short‐term operational objectives, thus enhancing ambidexterity. Finally, corporate foresight can bridge different organizational units, promoting collaboration and knowledge sharing, aiding in developing a holistic approach to strategic planning that encompasses daily operational excellence and future‐oriented strategic posture. [ABSTRACT FROM AUTHOR]

The paper presents a longitudinal exploration of identification with teams and multiteam systems (MTSs) in an organizational context that started using MTSs. Data were collected in five waves during the first 2 years in which the organization started the implementation of MTSs in order to aggregate teams in value streams as organizational units. The results show that there is a clear and distinct gap between team and MTS identification. This gap is greater in larger MTSs than smaller MTSs. This gap decreases in time mostly due to a rise in MTS identification in combination with a stable team identification across time. Additionally, our research showed that MTS identification is hindered when negative relations are present in the MTS. Finally, we show that identification with the team fosters innovative team performance and the identification with MTS moderates this positive association in a compensatory manner. The findings show important implications for the management of MTSs in modern organizations. [ABSTRACT FROM AUTHOR]

In recent years, manufacturing firmsin the United States have faced increasing import competition from low-wage countries, especiallyChina. Doesthis competition hurt or help firm innovation? This paper studies the effect of the surge in imports from China on innovation by US manufacturing firms. We first propose a theoretical framework that generates an inverted-U-shaped curve of innovation on imitation, which is based on the endogenous price elasticity of demand for the product in a Cournot model. We then take the theoretical prediction to data on publicly listed firms in the Compustat data set from 1990 to 2010. We find consistent evidence that Chinese import competition had an inverted-U effect on firm innovation, as measured by patent counts and citation-weighted patents. Our result suggests that when import penetration is less than 60% it positively affects firm innovation, but when it is more than 60%, this positive effect is inverted. This inverted-U relation persists when we instrument import competition in the United States by using Chinese import penetration in the United Kingdom and when we test the robustness of the results by including sector-specific trends. We find that the inverted-U relationship is steeper for firms in high-tech industries. [ABSTRACT FROM AUTHOR]

By adapting a well‐known model in the literature, the current paper sharpens the theoretical predictions on how competition intensity and institutional ownership interact to influence corporate innovation decisions, and adopts data from Chinese listed firms to empirically test the validity of two potential mechanisms. The split‐share reform of 2004–2005, whose timing and speed were largely beyond the firms' control, is used as a quasi‐natural experiment to address the potential endogeneity of institutional share. Similar to the existing results, we find support for the career concern mechanism rather than the lazy manager mechanism. But in addition to the complementary effects between institutional share and competition intensity on corporate innovation documented in their work, our findings also imply that competition discourages innovation when the share of institutional investors is low but encourages innovation when the institutional share is high. The opposite effects of competition on innovation with or without institutional shares is accounted for by the negative correlation between competition and innovation success, which is an assumption in our theoretical model that departs from the existing literature, but fits the reality of China's economic transition. Additional evidence relating listed firms' managerial turnover to their institutional shares is also in support of the career concern mechanism. Combined with the substantial increase in innovation after the split‐share reform, these findings demonstrate the strong positive role of institutional investors in encouraging innovation, but also offer more insight into the complex process that determines corporate innovation, especially where ownership structure is still in flux. [ABSTRACT FROM AUTHOR]

In this paper, we study how land policy reform affects firm innovation and productivity in China. More specifically, we focus on the impact of the land regulations that controlled the quotas of land supply introduced in 2004. We find that land regulations promote firm innovation but inhibit firm productivity. The regulations constitute land input constraints for firms and make them more difficult in expanding production capacity to fully exploit economies of scale, meanwhile they push firms to invest in innovation to alleviate the adverse effects. It is also found that resource allocation efficiency is deteriorated and aggregate productivity is decreased in the post‐land‐regulation period. Moreover, the effects of land regulations on firm performance are stronger for non‐state‐owned enterprises and industries with a lower level of market competitiveness. [ABSTRACT FROM AUTHOR]

This paper explores the interaction between human capital and innovation in the process of economic growth. Using a model of endogenous growth, we focus on how taxes and other policy instruments affect the incentives to invest in human capital. In contrast to many other growth models we find that the taxation of human capital has a substantial negative effect on its accumulation. This in turn reduces innovation and, consequently, the income growth rate. More surprisingly, other policies that are intended to stimulate growth may have opposing effects on innovation and the accumulation of human capital. For example, while subsidies to research and to intermediate inputs do have positive effects on innovation and growth, they lead to a lower stock of human capital, in the empirically relevant case when the elasticity of intertemporal substitution in consumption is low. [ABSTRACT FROM AUTHOR]