Investigations regarding the lowering of specific intellectual property risks identified in the production process

PAKOCS, Ramona; Lupulescu, N.B.

doi:10.1051/matecconf/20179406014

Cited by 2 publications

(2 citation statements)

References 3 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Blocisz and Hadas (2019) believe that the greatest risk is in the first stages of the production process. In connection with the identification of risks associated with the production process, Pakocs and Lupulescu (2017) mention, among others, trademarks, patents, production know-how, the risk of counterfeiting, and the disclosure of company secrets. The value chain, as one of the basic tools for the formulation of a successful competitive…”

Section: Entrepreneurship and Sustainability Issuesmentioning

confidence: 99%

Riskiness of value-creating corporate activities and their influence on strategic management of engineering companies

Straková¹,

Kollmann²,

Kostiuk³

et al. 2023

JESI

View full text Add to dashboard Cite

This paper presents a procedure for definition and analysis of value-creating corporate activities on an example of a selected engineering company and a newly proposed calculation of riskiness of the production process. The risk calculation is based on an analysis of the value chain or value stream of its primary activities. Three research questions were formulated within the framework of the solution concerning differentiation of the value stream in serial and custom production, significance of individual primary processes for creation of the corporate margin and differentiation of the degree of risk between serial and custom production. The obtained outputs from the model engineering enterprise showed that the intensity of added value creation is lower in serial production than in custom production. In terms of the importance of the primary activities for serial and custom production in the value chain, the production process can be considered dominant from the viewpoint of margin generation, followed by the technical preparation process. In addition to the already mentioned reduced level of generation of added value, the lower average riskiness of the production process was also found for serial production compared to custom production. The graphical presentation at the end of the paper suggests a correlation between the level of added value creation in partial production operations and their respective level of risk. The authors of the article assume that the presented results have general validity for engineering production enterprises, which will be the subject of follow-up case studies on similar topics.

show abstract

Section: Entrepreneurship and Sustainability Issuesmentioning

confidence: 99%

Riskiness of value-creating corporate activities and their influence on strategic management of engineering companies

Straková¹,

Kollmann²,

Kostiuk³

et al. 2023

JESI

View full text Add to dashboard Cite

show abstract

“…Blocisz and Hadas (2019) see the highest risk in the very preparation of the production process. In the context of identifying risks associated with the manufacturing process, Pakocs and Lupulescu (2017) highlight risks associated with trademarks, patents, production know-how, falsification risks, disclosure of business secrets, and so on. Identification of risks in the production process is supported by structuring the risks into ISO categories, such as occupational safety, work quality, production process continuity,…”

Section: Theoretical Backgroundmentioning

confidence: 99%

Enterprise risk analysis in an engineering company with a focus on custom manufacturing

Straková¹,

Kollmann²,

Kostiuk³

et al. 2023

JESI

View full text Add to dashboard Cite

The study details the outcomes of a scientific experiment analyzing enterprise risks in business processes. Examining and getting rid of enterprise risks is one of the most important management tools when it comes to reaching corporate goals. The new proposed strategy is based on the idea of process risk as a part of putting business processes or operations into action to get results that add value. The actual solution algorithm consists of the quantification of the difference between the level of risk and the enterprise's cost, the development of added value, and the operating profit. The experiment focused on a medium-sized engineering company that specializes in piece production. The principal outcomes of the technique are the realization that a smaller proportion of value added connected with the process results in a reduced degree of risk that is proportional to the cost ratio of the various production process activities. The hypothesis that manufacturing automation reduces risk has not been confirmed. It is advised that businesses document and review the time and cost components of each process on a regular basis. The outputs obtained from the solution demonstrate the suitability of the proposed process, with the outputs' validity demonstrated by repeating the analytical activities and comparing them to the actual occurrence of process risks identified by the model enterprise's managers during the execution of a real contract. The newly proposed method is expected to be appropriate for mass production.

show abstract

Investigations regarding the lowering of specific intellectual property risks identified in the production process

Cited by 2 publications

References 3 publications

Riskiness of value-creating corporate activities and their influence on strategic management of engineering companies

Riskiness of value-creating corporate activities and their influence on strategic management of engineering companies

Enterprise risk analysis in an engineering company with a focus on custom manufacturing

Contact Info

Product

Resources

About