Open standards, vertical disintegration and entrepreneurial opportunities: How vertically-specialized firms entered the U.S. semiconductor industry

Funk, Jeffrey L.; Luo, Jianxi

doi:10.1016/j.technovation.2015.07.001

Cited by 22 publications

(9 citation statements)

References 71 publications

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“…On the other hand, an SME could also become more diversified due to OI. In this case, practitioners and policy makers may find beneficial a complementarity between specialized, diversity, and integrated firms in an specific industry, creating additional value for the whole ecosystem (Funk and Luo, 2015).…”

Section: Discussionmentioning

confidence: 99%

“…Second, even though specialized manufacturing SMEs risk having a smaller customer base and thus a smaller source of potential new ideas, the sophistication of their products allows them to service a niche market with more specific requirements and needs (Padula et al , 2015). Despite the lack of open standards in some mature manufacturing industries, like the automotive or semiconductor industries, numerous entrepreneurial SMEs can design and manufacture products due to their vertical specialization capabilities (Funk and Luo, 2015). Certainly, specialization may pose some issues related to the incompatibility of efforts to organize a distributed search of external knowledge (Ihl et al , 2012).…”

Section: Theoretical Background and Conceptual Frameworkmentioning

confidence: 99%

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Open innovation in specialized SMEs: the case of supercars

Ramírez-Portilla

Cagno

Brown

2017

BPMJ

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Purpose: The purpose of this paper is to explore the influence that adopting open innovation (OI) has on the innovativeness and performance of specialized small and medium-sized enterprises (SMEs). This paper also examines the adoption of OI within a firmâ\u80\u99s practices and models, and within the three dimensions of firm sustainability. Design/methodology/approach: Survey data from 48 specialized SMEs manufacturing supercars were analyzed using partial least squares structural equation modeling. SmartPLS software was used to conduct a path analysis and test the proposed framework. Findings: The findings suggest that high adoption of OI models tends to increase firm innovativeness. Similarly, the adoption of OI practices has a positive effect on innovativeness but to a lesser extent than OI models. The moderation results of innovativeness further show that OI models and practices can benefit the performance of SMEs. Specifically, two dimensions of performance â\u80\u93 environmental and social performance â\u80\u93 were found to be greatly influenced by OI. Research limitations/implications: Due to parsimony in the investigated model, this study only focuses on OI adoption as practices and models without considering its drivers or other contingency factors. Practical implications: This paper could help practitioners in SMEs better understand the benefits of adopting OI to be more innovative but also more sustainable. Originality/value: This study contributes to the literature on the role of OI practices and models regarding the dimensions of firm sustainability performance by being the first paper to investigate this relationship in the context of small and medium manufacturers of supercars

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Section: Discussionmentioning

confidence: 99%

Section: Theoretical Background and Conceptual Frameworkmentioning

confidence: 99%

Open innovation in specialized SMEs: the case of supercars

Ramírez-Portilla

Cagno

Brown

2017

BPMJ

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“…Consortia are starting to become keys to this process through the propagation of component, standards, technological development and entrepreneurship. Entrepreneurship is nurtured by (open) standards (Funk, et al, 2015), which themselves are nurtured by consortia. By consolidating the parties, consortia will probably accelerate "Winner-take-all-or-most" (Cusumano, 2011).…”

Section: Future Researchmentioning

confidence: 99%

Here there be dragons, a pre-roadmap construct for IoT service infrastructure

Islam

Marinakis

Majadillas

et al. 2020

Technological Forecasting and Social Change

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The major challenges facing the 21 st century world demands disruptive technology based solutions. One of the most promising exponential technology set to address world challenges is the Internet of Things (IoT) based Trillion Sensor System (TSS). The IoT supports many revolutionary commercial and societal solutions including wearable or unobtrusive medical sensors, Industry 4.0, power and water grids, smart cities, food production, education, transportation and roadway infrastructure needs. However, to support these solutions the current IoT infrastructure needs improved spectrum and the use of between one to ten Trillion Sensors (TS). The development of a robust IoT based TSS infrastructure would create an addition to world GDP equal to that of the U.S. GDP to double the worlds GDP. This new IoT based TSS would create a high paying job base that will form a new vibrant world middle class and an abundant economy. Yet while much is written about the ability of the IoT to transform society little effort is focused on its infrastructure. If this is true there is cause for concern. We add to the literature by developing a precursor road mapping construct which focuses on the service sector and supports 3 rd generation road mapping techniques. We utilize the emerging IoT TSS technology base as our case study. We utilize the best thoughts of hundreds of experts from three organizations focused on accelerating IoT TSS road mapping efforts.

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“…The latest literature on the subject emphasizes the importance of standardization in the contemporary world from the political point of view, based on various perspectives: The results of the standardization process are of major relevance to the internalization of external factors and the successful liberalization of international trade. Standards reduce transaction costs (Funk & Luo, 2015) and facilitate trade, especially of complex products in the production chain and across borders (Hajduk-Stelmachowicz, 2013).…”

Section: Literature Reviewmentioning

confidence: 99%

Does standardization have an impact on innovation activity in different countries?

Mentel

Hajduk-Stelmachowicz

2020

Problems and Perspectives in Management

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Nowadays, innovation and standardization are very important issues. The aim of this paper was to review the relationship between the components of the Summary Innovation Index (SII) according to the European Innovation Scoreboard and the features that determine the innovation level in 35 countries (taking into account the number of the following certificates: ISO 9001, ISO 14001, ISO 27001, ISO 50001, ISO 22000, ISO 13485) in 2017. The innovation ranking was created for these countries, considering the fact of certification for compliance with the ISO requirements. In this paper, an attempt was made to determine whether countries with very low innovation activity (performance) are at the same time characterized by a very low level of saturation with globally recognized ISO certificates, which confirm the implementation, functioning and improvement of selected types of management systems. The conclusions from the study are as follows: 1) standardization can be seen as an innovation tool; 2) as the number of ISO 9001 certificates increases, the number of ISO 14001 certificates (per the population of 100,000 people) also increases; 3) as the number of ISO 13485 certificates increases, the value of the SII also becomes higher. The features are modelled at 70%; 4) the weakest relationship can be observed between the SII and the ISO 9001 certification; 5) Switzerland obtained the highest mean value set for the innovation index proposed in the study, suggesting that the country can be considered the innovation leader of 2017 from among the countries investigated. The last (35th) place in the ranking was occupied by Ukraine. Acknowledgement(s)The authors are thankful to The Ministry of Science and Higher Education in Poland for financial support to carry out this research.

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Open standards, vertical disintegration and entrepreneurial opportunities: How vertically-specialized firms entered the U.S. semiconductor industry

Cited by 22 publications

References 71 publications

Open innovation in specialized SMEs: the case of supercars

Open innovation in specialized SMEs: the case of supercars

Here there be dragons, a pre-roadmap construct for IoT service infrastructure

Does standardization have an impact on innovation activity in different countries?

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