Factors Affecting the Practices of External Problem Solvers in Broadcast Search

Corvello, Vincenzo; Iazzolino, Gianpaolo

doi:10.4067/s0718-27242013000200014

Cited by 16 publications

(13 citation statements)

References 38 publications

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“…The concept of openness may be represented by a continuum, that is, a gradual process ranging from what may be considered to be a fully closed system to an OI system. Similarly, we may consider that external relationships may be represented on a continuum that represents the firms' capability of modifying its structure from standalone to alliances (Hagedoorn and Duyster, ; Gassman and Enkel, ; Chesbrough, ; Corvello and Iazzolino, ). Research work has built on the investigated many different types of collaborative arrangements with external organizations.…”

Section: The Theory Of Dynamic Capabilitiesmentioning

confidence: 99%

Enabling Open Innovation in Small and Medium Enterprises: A Dynamic Capabilities Approach

Grimaldi

Quinto

Rippa

2013

Knowl Process Manag

104

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This paper aims at exploring the critical dynamic capabilities of small and medium enterprises (SMEs) in the innovation process and at identifying the dynamic capabilities that enable the implementation of open innovation practices. Building on qualitative data from the manufacturing industry deriving from an in-depth investigation of the capabilities of four innovative case firms, the patterns between the firm's portfolio of dynamic capabilities and the different types of open innovation processes are mapped. This study makes three primary contributions to the body of knowledge. This is the first attempt to link dynamic capabilities to an open innovation approach undertaken by SMEs. Second, the study extends existing work on innovation in SMEs by identifying key dynamic capabilities in this context. Finally, the case-based research provides empirical evidence of dynamic capabilities in practices, where analysis reveals that companies with strong sensing, seizing and reconfiguring capabilities are more inclined to develop open innovation approaches.

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Section: The Theory Of Dynamic Capabilitiesmentioning

confidence: 99%

Enabling Open Innovation in Small and Medium Enterprises: A Dynamic Capabilities Approach

Grimaldi

Quinto

Rippa

2013

Knowl Process Manag

104

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“…Social media applications enable multidirectional communication between different and large sets of people (Ooms, Bell, and Kok, ). This enables companies to increasingly use online idea competitions to find good ideas on intermediated open innovation platforms (Corvello and Iazzolino, ; Frey, Lüthje, and Haag, ) or in innovation communities hosted by the company (Jensen, Hienerth, and Lettl, ; Piller and Walcher, ) by addressing an external crowd, such as users, customers, suppliers, and research partners (Blohm, Bretschneider, Leimeister, and Krcmar, ; Mortara, Ford, and Jaeger, ). Besides searching externally, firm‐internal idea competitions have received increasing attention (Birkinshaw, Bouquet, and Barsoux, ; Björk and Magnusson, ; Stieger, Matzler, Chatterjee, and Ladstaetter‐Fussenegger, ; van den Ende, Frederiksen, and Prencipe, ).…”

Section: Introductionmentioning

confidence: 99%

How Does Online Interaction Affect Idea Quality? The Effect of Feedback in Firm‐Internal Idea Competitions

Zhu¹,

Kock²,

Wentker³

et al. 2018

J of Product Innov Manag

126

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Social media technologies that enable interactive feedback during idea generation can complement existing modes of knowledge exchange in innovation management. Especially large, multinational companies use internal online idea competitions to promote intraorganizational knowledge exchange. Although current studies mainly focus on idea generation through crowdsourcing, little attention has been paid to the effect of online interaction between contributors on idea quality. Building on the organizational knowledge networks theory, this study examines online feedback activities, their contribution to knowledge exchange, and hence, how they increase idea quality. The authors identify three feedback characteristics of online idea generation presumed to affect idea quality: (1) the diversity of commentators (feedback diversity), (2) the extent to which feedback is elaborate and constructive (feedback constructiveness), and (3) the degree of facilitator interaction during idea discussion (feedback integration). This study also investigates how the idea authors' own feedback behavior moderates the relationships between feedback characteristics and idea quality. The results show that all three feedback characteristics relate independently and positively to idea quality. Author feedback shows a positive interaction effect with feedback diversity and a negative interaction effect with feedback constructiveness. The findings suggest that online feedback in idea competitions constitutes an important knowledge exchange process for idea generation. Companies that want to profit from firm-internal idea competitions should actively support online collaboration-e.g., through facilitators. Practitioner PointsThis study empirically investigated how feedback characteristics affect idea quality in firm-internal online idea competitions.Online idea competitions need to be arranged as an iterative feedback process between idea authors and commentators to increase idea quality.Heterogeneity in commentators' skills and competencies and the constructiveness of feedback are related to higher idea quality.Facilitator comments are important for idea quality, because they interconnect ideas and competencies within the firm and avoid homogeneous knowledge creation.

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“…Second, we conducted data analysis to customize the value drivers of the corporation. (Petty and Guthrie, 2000;Boedker et al, 2004;Green and Ryan, 2005;Choong, 2008;Marr, 2008;Corvello and Iazzolino, 2013;Global Reporting Initiative, 2013;2015;Cricelli et al, 2014;THSRC CSR Report, 2014 …”

Section: Methodsmentioning

confidence: 99%

Value Drivers to Maximize Stakeholder Worth: The Case of Taiwan High Speed Rail Corporation Customizing

Rao

Lee

2017

Asian Economic and Financial Review

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Article HistoryThis study determined that the sustainable value of an enterprise involves not only financial performance but also nonfinancial performance. Therefore, intellectual capital (IC) and corporate social responsibility (CSR) were applied to determine value drivers for creating corporate stakeholder value and sustainable competitive advantages. No overall value drivers can be applied to the same enterprise; therefore, we suggest that top managers customize corporate value drivers and leverage priority resources to maximize firm profit. This study reviewed literature regarding IC and CSR to integrate overall value drivers, and applied statistical methods to demonstrate how corporate management teams could apply our methods to identify leverage drivers and create maximum value for stakeholders. We developed an enterprise questionnaire based on the concepts of IC and CSR to conduct data analysis, and used an importanceperformance analysis map and regression to rank priorities for value drivers. We implemented a case study of the Taiwan High Speed Rail Corporation (THSRC). The statistical results reveal three concerns. First, there are gaps in our 10-item questions expect for environmental issues regarding noise and vibration. Second, if the THSRC were to improve salaries and welfare, corporate culture and know-how could maximize corporate sustainable value by using charts of the impact-performance of value drivers. Third, regression analysis demonstrated that the degree of importance of customer loyalty has a considerable impact on the degree of importance of financial performance. Finally, the authors suggest that future studies focus on the interdependency of factors to develop an overall index to measure sustainable stakeholder value.Contribution/ Originality: This study contributes this first logical analysis of maximizing stakeholder value by IC and CSR. Furthermore, the paper has provided corporations with a base for understanding that the sustainability and strength of competitive advantage depends on the ability to leverage resources to improve a firm's performance.

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Factors Affecting the Practices of External Problem Solvers in Broadcast Search

Cited by 16 publications

References 38 publications

Enabling Open Innovation in Small and Medium Enterprises: A Dynamic Capabilities Approach

Enabling Open Innovation in Small and Medium Enterprises: A Dynamic Capabilities Approach

How Does Online Interaction Affect Idea Quality? The Effect of Feedback in Firm‐Internal Idea Competitions

Value Drivers to Maximize Stakeholder Worth: The Case of Taiwan High Speed Rail Corporation Customizing

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