Do technology-focused fast internationalizers’ performance measures change as they mature?

We examine how technology-focused innovation-based fast internationalizers’ (TIFIs’) performance measures change as they mature. Based on 42 interviews with Australian entrepreneurs and industry experts, we show that young TIFIs employ exploratory strategies for developing cutting-edge solutions and prefer using subjective measures for assessing their export performance. Later, becoming more complex organizations, employing exploitative strategies, they use additional objective, profit-based measures. The implications of destructive forces (e.g., COVID-19) to the performance of these firms were modest. Due to being digitally-based industry disruptors, they remain focused on innovation as the source of their independence and survival. Their creativity drives constant change/disruption to industries, requiring back-and-forth movement among exploratory and exploitative strategies, integrating subjective and objective performance measure simultaneously, as their new-to-the-world solutions are developed to withhold ‘creative destruction’ over time.     

经济严冬中广告业的破冰之道——广告公司参股企业发展路径探寻

经济严冬的到来,中国广告业欢喜困惑并存。面临国外广告集团本土扩张,本土广告产业化发展成为必由之路。通过对广告业作为创意产业的重新定位,对广告公司参股企业可行性分析和“捆绑式”商业模式进行探究,作者认为本土广告公司充分利用知识资本参股企业合作发展可以走上产业化、规模化、专业化之路,这无疑是经济危机严冬广告业的破冰之道。     

No longer violent enough?: Creative destruction,innovation and the ossification of neoliberal capitalism

ABSTRACT

My goal is to suggest that it is useful to distinguish analytically between capital’s primal, often direct violence against bodies and a systemic form of violence that is at the same time reproductive of the capitalist system and directed against its own creations. I suggest that this analytical separation allows us to see that on the one hand capitalist violence is intensifying and with it processes of exploitation, class bifurcation, downward mobility and environmental, political and social degradation. On the other hand, however, capitalism appears to be ossifying as it loses its ability to self-reproduce. The violent act of (periodically) destroying its own creation to make room for new production and formation is becoming stifled and nothing appears capable of blowing up the dead weight of capital that is suffocating living labour. Drawing on the work of David Graeber and Mariana Mazzucato I propose that, paradoxically, it is the logic of the market that causes the stifling of real innovation and thus capitalism’s ability to reproduce. It is in this sense that I claim that capitalism is no longer violent enough.     

Understanding and breaking the rules of business: Toward a systematic four-step process

Knowing the rules of a business is a prerequisite of being successful. On the other hand, carefully and selectively breaking the rules of management is often the way to exceed the low margins of intensively competitive arenas, especially at a time when technological innovation is limited and industries are tending to consolidate. Drawing on their own practical know-how and intensive research into future business models, the authors of this article call for more dialectic in management thinking. Their “rule-breaking strategy creator” process is a combination of tested consulting and venture capital tools, and provides an entirely new approach to systematic rule-breaking and, thus, competitive advantages.     

Can you do Kung Fu and also act? New entrants’ status attainment in the creative industries

Despite the wealth of research on the antecedents of status, we know little about the mechanisms that affect ability of individuals in one market to attain status in another market. The issues of cross-market status transfer are especially salient in the creative industries that are characterized by intensive cross-country migration. We combine research on status and typecasting to explain the mechanisms causing some migrants to lose or gain status in a host country relative to other migrants. We find that low-status migrants gain status relative to high-status migrants. We also find that low-status generalist migrants gain status relative to high-status generalist migrants. We develop these insights through the analysis of an original dataset on the status attainment of mainland Chinese movie actors in the Hong Kong film industry.     

我国电子信息业的国际市场势力:一个实证分析

本文运用Goldberg & Knetter(1999)的剩余需求弹性模型,选取SITC(Rev.3)76222这一典型电子信息产品,对其在美、日、德三国市场上的国际市场势力进行了检验。研究结果表明,受产品需求弹性和竞争对手供给替代弹性较大等因素影响,我国SITC(Rev.3)76222产品的出口企业未能形成价格加成能力,陷入了国际市场势力缺失的困境。基于实证研究结论,本文亦有针对性的提出了增强我国电子信息业国际市场势力的对策建议。     

Government Programs and Diffusion of Innovations in Taiwan: An Empirical Study of Household Technology Adoption Rates

ABSTRACT

This research mirrors Olshavsky's (1980) groundbreaking study by using penetration data for household technologies in Taiwan. Results support conventional wisdom that adoption rates are increasing over time. Moreover, rates were negatively associated with price. This research goes beyond Olshavsky by examining whether adoption rates differ across geographical regions types (i.e., rural, townships, and metropolitan). Adoption rates for nine household technologies at the three geographical types are not significantly different. Support is lent to the proposition that government rural development policies promoting education and physical infrastructures have fostered relatively equal diffusion patterns of household technologies in Taiwan.     

Horseshoes, global supply chains, and an emerging Chinese threat: Creating remedies one idea at a time

The horseshoe shape offers a model from which the complex relationships currently linking most Chinese and United States supply chain partners can be productively visualized. Wielded metaphorically, the horseshoe also illustrates how a momentous global trend may be rising within many Chinese-American supply chains, and why that trend might impose serious threats against United States economic interests for years to come. Because the trend exists independent of almost all domestic firms’ potential responses, only rarely can an associated domestic threat be eliminated within a particular United States/Chinese supply chain. Most United States firms possess a critical capability that could diminish the force of the emerging Chinese threat: the ability to manage and execute key supply chain functions more creatively. As the horseshoe illustrates, many domestic firms may soon be compelled to become more creative. To address this need, a supply chain creativity matrix model is developed in this article. The model demonstrates how domestic supply chain firms can stimulate and identify superior ideas amongst their managerial and subordinate ranks, therefore expanding the firm's creative efficiency in the strategic execution of key supply chain functions. Those firms should be better able to defend themselves against these emerging Chinese threats.     

Can creative firms thrive without copyright? Value generation and capture from private-collective innovation

Accounts of the copyright industries in national reports suggest that strong intellectual property (IP) rights support creative firms. However, mounting evidence from sectors such as video game production and 3-D printing indicate that business models based on open IP can also be profitable. This study investigates the relationship between IP protection and value capture for creative industry firms engaged in collective/open innovation activities. A sample of 22 businesses interviewed in this study did not require exclusive ownership of creative materials but instead employed a range of strategies to compete and capture value. Benefits for some firms resemble those for participants in private-collective innovation (PCI), originally observed in open-source software development. Advantages of PCI include the ability to commercialize user improvements and a reduction in transaction costs related to seeking and obtaining permission to innovate existing ideas. Some creative firms in this study were able to generate and capture value from PCI in two directions: upstream and downstream. These dynamics offer a mechanism to understand and articulate the value of openness for creative industries policy and management of creative organizations.