Innovation, Value Creation and Impact Assessment

Küfeoğlu, Sinan

doi:10.1007/978-3-031-07127-0_1

Cited by 5 publications

(5 citation statements)

References 33 publications

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“…Terms such as "contribution", "solutions" and "sustainable results" highlight another important aspect of product innovation, this is the value it brings to the market and the organization. The primary goals of product innovation are to create value and maximize the company's value proposition (Küfeoğlu, 2022;Chesbrough et al, 2018;Wormald, 2013). The value proposition is the critical perspective of product innovation.…”

Section: Literature Reviewmentioning

confidence: 99%

Key Aspects of Product Innovations: Theoretical Knowledge and Research Study

Kozludzhova

2023

J. of Law and Sust. Develop.

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Purpose: The main purpose of the paper is to investigate and establish an understanding of the key aspects of product innovations, which present an important side of the product innovation theory. The paper also aims to validate the literature knowledge by conducting and presenting the results of a primary study. Theoretical framework: The theoretical knowledge provides the necessary secondary data that helps researchers to build specific empirical indicators, which the paper puts to test by conducting a primary research study. Design/methodology/approach: As a first step, the paper uses exploratory research, which is a methodology approach that investigates and gives a deep understanding of the research topic. The method used is “literature review”, which helps researchers to analyse existing data from a variety of literature sources relevant to the aspect of product innovations. Next, the paper uses descriptive research, which involves the collection of quantitative data through a survey method. The research study is conducted in February 2023, among 18 software companies in Bulgaria with product innovation activities in the 3-year-period under review (2020 – 2022). Findings: The paper identifies the key aspects of product innovations, outlines specific empirical indicators and confirms the essential role of the defined key aspects for the development of product innovations in the software industry. Research, Practical & Social implications: The paper brings useful knowledge base for developing future research studies focused on product innovations. Originality/value: The paper provides an original and a new direction of researching the term of product innovations.

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Section: Literature Reviewmentioning

confidence: 99%

Key Aspects of Product Innovations: Theoretical Knowledge and Research Study

Kozludzhova

2023

J. of Law and Sust. Develop.

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“…The model deploys the organization's human capital and helps them to engage in disruptive innovation instead of moderate risk-taking. Disruptive innovations are those that gain a large market share by identifying and responding to unmet customer needs and can have a large impact on industry structure (Laermann-Nguyen & Backfisch, 2021;Küfeoğlu, 2022;Morris et al, 2023;Sewpersadh, 2023). In particular, disruptive innovation has been defined as "the phenomenon by which an innovation transforms existing products, markets, and consumer preferences by introducing user-friendly, convenient, and low-cost products" (Rajagopal, 2014, p. 200).…”

Section: Why Have Many Organizations' Generous Spending On Social Inn...mentioning

confidence: 99%

Rethinking Disruptive and Social Innovation: The Impact Model

Sayyadi

2023

MBR

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The leadership literature often emphasizes innovation coupled with disruption as a source of competitive advantage based on the assumption that, without it, organizations constrain social progress in organizations. We identify a new model that comprehensively considers not only disruptive innovation but also the social impact of future decision-making. We create a comprehensive framework which we call the impact model. There is a lack of an effective model that can support internal entrepreneurs in their social innovation. This new model fills the gap, taking organizations in the direction of training internal entrepreneurs, thus known as intrapreneurs, to start initiatives that affect society and ensure their survival in diversity, equity, and inclusion (DEI). Organizations cannot innovate without taking into concern diversity, equity, and inclusion. On the other hand, diversity, equity, and inclusion should not be tantamount in place for innovation. Organizations must address diversity, equity, and inclusion as they innovate and evaluate what becomes disruptive for both a product and social concern.

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“…These goals, known as “transforming our world,” outline an ambitious agenda ( Rai et al, 2019 ). Among these goals, SDG 8 promotes sustainable growth, employment, and decent work for all individuals ( Küfeoğlu, 2022 ). One of the targets of SDG 8 is to achieve “economic growth” through the concept of “Decent Work” across all member nations of the UN ( Küfeoğlu, 2022 ).…”

Section: Introductionmentioning

confidence: 99%

“…Among these goals, SDG 8 promotes sustainable growth, employment, and decent work for all individuals ( Küfeoğlu, 2022 ). One of the targets of SDG 8 is to achieve “economic growth” through the concept of “Decent Work” across all member nations of the UN ( Küfeoğlu, 2022 ). The notion of work emerged alongside discussions on sustainability in the 1990s and its relationship with economic growth ( Frey, 2017 ).…”

Section: Introductionmentioning

confidence: 99%

Exploring the concepts of decent work through the lens of SDG 8: addressing challenges and inadequacies

Chigbu,

Nekhwevha

2023

Front. Sociol.

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Promoting decent work and sustainable economic growth within the framework of Sustainable Development Goal 8 (SDG 8) entails addressing gender inequality, the consequences of market economies, and the role of the informal sector while also considering environmental sustainability. Research on SDG 8 remains limited, often adopting an appraisal perspective, and the concept of decent work within this goal remains relatively unexplored. Additionally, the focus on the challenges and inadequacies of achieving sustainable economic growth through decent work in the context of SDG 8 is insufficient, resulting in significant knowledge gaps. To contribute to filling these gaps, this paper adopts a descriptive and critical review perspective, systematically analyzing 108 journal papers and reports to investigate the concept of decent work within SDG 8. The research addresses the challenges and inadequacies related to decent work embedded in SDG 8. The review reveals that while progress has been made in tackling gender inequality in the labor market, gender bias, income discrepancies, and underrepresentation of women in senior positions persist, hindering inclusive and sustainable economic growth, full and productive employment, and decent work for all – SDG 8. Moreover, SDG 8’s focus on inclusive and sustainable development falls short of effectively addressing market economies’ structural disparities, insecure working conditions, and exploitative labor practices. Additionally, support for informal sector workers, who lack essential rights such as legal protection and social security, remains insufficient. Ecological destruction is sometimes an unintended consequence of purely market-based labor markets with an emphasis on economic growth, with SDG 8 lacking sufficient integration of environmental sustainability in its framework. The novelty of this study comes from its in-depth, critical, and policy-focused analysis of the ideas around decent employment in the context of SDG 8. The findings underscore the importance of providing fair, safe, and secure employment opportunities to support economic growth and development while upholding workers’ rights. In conclusion, we emphasize the crucial role of promoting decent work and sustainable growth in achieving SDG 8’s overall objectives, as it directly impacts other SDGs.

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Innovation, Value Creation and Impact Assessment

Cited by 5 publications

References 33 publications

Key Aspects of Product Innovations: Theoretical Knowledge and Research Study

Key Aspects of Product Innovations: Theoretical Knowledge and Research Study

Rethinking Disruptive and Social Innovation: The Impact Model

Exploring the concepts of decent work through the lens of SDG 8: addressing challenges and inadequacies

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