Search practices for discontinuous innovation: scale development and construct validation

Managing innovation and particularly searching for new ideas in a steady state environment is really different than in discontinuous conditions where traditional practices and routines may prove ineffective. This paper reviews and empirically explores the field of search strategies and practices for discontinuous innovation and, for the first time, tests the validity of a ‘discontinuous innovation (DI) search capacity’ construct. Based on a comprehensive literature review on the innovation search stage and on the evidence of more than 80 case studies reported by the Discontinuous Innovation Laboratory, a questionnaire was developed and submitted to a 500 high-tech firm sample. Four DI search dimensions were identified, each consisting of a bundle of interrelated yet distinct practices. We empirically tested the DI search capacity and measured it as a second-order construct by using the structural equation modelling.     

Proactive and reactive views in the transition towards circular business models. A grounded study in the plastic packaging industry

This article contributes to the studies on the transition towards circular business models in incumbent entrepreneurial firms. The focus of our research is the plastic packaging industry, a paradigmatic case of firms with a high environmental impact who are currently under pressure to change their business models. Following a grounded theory approach, we conducted an exploratory research on five case studies, longitudinally analyzed over two years. The results of our research suggest that the circularity challenge raises dilemmas about how to interpret the transition to sustainability. On one hand, the transition may be interpreted in a reactive way, based on compliance to the law and the highest possible levels of continuity. On the other hand, the transition may be interpreted in a proactive way, based on radical experimentation and openness to change. Our results highlight that the reactive-proactive dilemma unfolds at three interconnected levels: the firm’s network (including the customers), the entrepreneur, and the organization. Our study also suggests that the entrepreneur is in a position to play a pivotal role in the multi-level adoption of a proactive (or reactive) view. More specifically, our longitudinal analysis suggests that if the effectiveness and impact of transition to circularity is to be maximized, then a multi-level proactive view of the circularity transition is key to transforming the three interconnected levels (network, entrepreneur, organization) into a proper, sustainability-oriented innovation ecosystem.

     

On Tail Value-at-Risk for sums of non-independent random variables with a generalized Pareto distribution

Recently in actuarial literature several authors have derived lower and upper bounds in the sense of convex order for sums of random variables with given marginal distributions and unknown dependency structure. In this paper, we derive convex bounds for sums of non-independent and identically distributed random variables when marginal distributions are mixture models. In particular, we examine some well-known risk measures and we find approximations for Tail Value-at-Risk of the sums considered when marginal distributions are generalized Pareto distributions. By numerical examples we illustrate the goodness of the presented approximations.      

Exploring resource procurement for community-based event organization in social enterprises: evidence from Piedmont,Italy

ABSTRACT

This research contribution aims to shed light on the key role of social tourism entrepreneurship in community event management through the combination of innovative strategies for resource procurement. An exploratory qualitative case study was undertaken with 67 social tourism enterprises in Piedmont, Italy. The analysis shows that these social tourism enterprises have specific resource procurement strategies for community-based events. A business model emerges where the fundamental resource mobilization processes are based on three strategic approaches: (a) stakeholder participation and partnership; (b) sharing ideas, materials and knowledge; (c) capturing dispersed resources and assets from the local community. The identified variables provide a new perspective for the study of resource procurement in community event management.     

Disentangling the migration-trade nexus: the pro-trade effects of immigrants and emigrants in the presence of vertical and horizontal product differentiation

This paper presents an exploration of the migration-trade nexus taking the case of Italy by crossing the two dimensions of migration (immigration and emigration) and the two dimensions of intra-industry trade (vertical and horizontal). This empirical strategy proves useful in refining interpretation of econometric results. In general, we find that both immigration and emigration are positively and significantly related to intra-industry trade. However, the magnitude and the statistical significance of the impact of migration on trade vary, depending on the type of trade flows considered (vertical or horizontal), the direction of migration (immigration or emigration) and the partner countries considered (OECD or non-OECD). In particular, we find that immigrants from non-OECD countries have a positive and significant impact on both ‘variety trade’ and ‘quality trade’, while immigrants from OECD countries significantly affect ‘variety trade’ only. Emigrants to non-OECD countries have positive effect only on ‘variety trade’. These findings are largely consistent with predictions deriving from theoretical models of intra-industry trade and from the literature on migration-trade nexus.     

Disrupting the Disruptors or Enhancing Them? How Blockchain Reshapes Two-Sided Platforms

The importance of platform-based businesses in the modern economy is growing continuously and becoming increasingly relevant. Specifically, the deployment of digital technologies has enhanced the applicability of two-sided business models, enabling companies to act not just as builders and owners of assets, but also as orchestrators of external resources. Management research has, therefore, focused increasingly on the unique aspects of this model. At the center of a two-sided platform there is a platform provider that enables a transaction between the sides, reducing the relative transaction costs. However, in recent years, a new technology emerged that challenges some of the underlying assumptions of this model: the blockchain. Blockchain enables the creation of a peer-to-peer network that is able to authenticate transactions, upon which applications and services may be built. It allows users to conduct transactions without the need for a central platform. We explore how blockchain technology reshapes two-sided platforms, focusing in particular on the role of the platform provider. The research is based upon multiple case studies, using an inductive approach to explore this emerging phenomenon. Our findings show there is a significant shift in the role of the central player that links the two sides of a transaction using blockchain. We frame this as a shift from a “platform provider” to a “service provider,” leveraging the blockchain as a Platform-as-a-Service. Our work examines the peculiarities of this model, unveiling new dynamics in these businesses. Specifically, we show that different variables must be considered to classify two-sided platforms using blockchain. Furthermore, the essential characteristics of two-sided platforms must also be enlarged. For example, traditional platform theories emphasize the importance of cross-side network externalities in creating value. In blockchain-enabled platforms however, we show the use of “tokens” play a key role in creating different types of externalities between the two sides.     

Measuring differences in economic standard of living between immigrant communities in Italy

Measuring differences in the economic standard of living of between natives and other ethnic groups can inform us about the relative disadvantages and inequalities within Italian society. Despite the importance of this question, the measurement of this gap is not an easy task because, when using the usual design-based approach to survey sampling inference, the available micro-data lack sufficient sample size for the majority of immigrant communities needed to obtain reliable estimates. In this paper, we show that small area estimation (SAE) techniques can be applied in a fruitful way to avoid this issue. In particular, we use an approach based on M-quantile regression for estimating the economic standard of living in each community in Italy. Our findings highlight economic disparities between natives and other ethnic groups and suggest the need to adopt specific policies that target the most vulnerable immigrant communities and are designed to improve their economic standard of living.     

Environmental sustainability in fashion supply chains: An exploratory case based research

In recent years, both researchers and practitioners have devoted attention to environmental sustainability issues in the fashion industry, but, despite the topic's relevance, a structured analysis of the problem is missing.This paper presents the results of exploratory case-based research aimed at identifying three factors: the drivers that push companies to adopt “green” practices, the different practices that can be used to improve environmental sustainability, and the environmental KPIs measured by fashion companies. Results include a comparison of two approaches pursued by established international companies with green-positioned brands with the efforts of small firms that have adopted alternative supply chain models.     

Stakeholder pressures,EMS implementation,and green innovation in MNC overseas subsidiaries

In this paper, we address the issue of green innovation by the overseas subsidiaries of multinational corporations (MNCs). Drawing upon stakeholder theory and institutional theory, we propose a conceptual model to explain how stakeholder pressures in host countries prompt MNC subsidiaries to undertake green product and process innovations. Our findings indicate that MNC subsidiaries need to meet market stakeholders’ pressures in order to achieve social legitimacy in host countries, and that the implementation of formal environmental management systems (EMS) is an important mechanism translating these pressures into green innovation initiatives. Furthermore, we find that the positive relationship between market stakeholder pressures and EMS implementation is reinforced by global ‘green’ institutional pressures in the different host countries.     

On designers’ use of biomimicry tools during the new product development process: an empirical investigation

As technological problems and societal challenges become increasingly complex, designers are urged to recombine knowledge from different sources in order to innovate. In this article we question how nature may be the key source of inspiration and whether it can impact the new product development (NPD) process. We shed new light on whether designers and researchers are: first, familiar with biomimicry tools; second, aware of their characteristics; third, in favour of using biomimicry tools in the NPD process; and fourth, able to assess the impact of biomimicry tools on the NPD performance. By analysing survey data, counterintuitive results emerged concerning both the awareness of the biomimetic tools and their impact on the NPD innovation outcomes.