The Effect of Digitalization on the Commercialization Process of High-Technology Companies in the Life Sciences Industry

Gbadegeshin, Saheed A.

doi:10.22215/timreview/1211

Cited by 36 publications

(22 citation statements)

References 36 publications

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“…Accurate data on energy consumption and pollution emissions in each manufacturing stage are crucial for green process innovation. Manufacturing digitalization refers to the adoption of digital technologies in manufacturing activities, such as sensors, robots or the Internet of things (Gbadegeshin, 2019). It quickly generates a large volume of diverse data about manufacturing activities, thus providing a solid basis for analysis and the inference of green process innovations.…”

Section: Information Acquisition and Manufacturing Digitalizationmentioning

confidence: 99%

“…Furthermore, despite the increasing adoption of digital technologies, the diverse data generated by digital technologies cannot be used to generate green manufacturing solutions unless firms have the necessary knowledge processing capability (Cheng, 2020). Therefore, although firms are investing heavily in Industry 4.0 technologies such as automated guided vehicles, 3D printing, sensors, robots and the Internet of things to collect detailed data on each part of the manufacturing process (Gbadegeshin, 2019;Bjorkdahl, 2020), little is known about whether manufacturing digitalization can generate new green manufacturing processes to reduce wasted resources and emissions.…”

Section: Introductionmentioning

confidence: 99%

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How to leverage manufacturing digitalization for green process innovation: an information processing perspective

Wei

Sun

2021

IMDS

101

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PurposeThe aim of this study was to examine how manufacturing digitalization can be leveraged to promote green innovation in the digital era by investigating the effects of manufacturing digitalization on green process innovation, and thus firm performance. The authors also explored how the role of manufacturing digitalization varies with horizontal information sharing, vertical bottom-up learning and technological modularization.Design/methodology/approachFive hypotheses were examined by performing regression analyses on survey data from 334 manufacturing firms in China.FindingsManufacturing digitalization positively affects green process innovation, and thus firm performance. Furthermore, this positive effect is strengthened by horizontal information sharing and technological modularization and weakened by vertical bottom-up learning.Originality/valueThis study extends the literature rooted in the natural-resource-based view by identifying the crucial role of green process innovation and investigating the value of manufacturing digitalization for developing green capabilities in the digital era. It also contributes to this line of research by revealing contingent factors to leverage manufacturing digitalization from the information processing perspective. Furthermore, this study extends information processing theory to the digital context and identifies the interaction of organizational design (vertical bottom-up learning and horizontal information sharing) and digital investment (manufacturing digitalization).

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Section: Information Acquisition and Manufacturing Digitalizationmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

How to leverage manufacturing digitalization for green process innovation: an information processing perspective

Wei

Sun

2021

IMDS

101

View full text Add to dashboard Cite

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“…And if you do not see what exactly can seriously improve the competitiveness of the enterprise, then the question of payback or targeted use of investments in digital transformation immediately arises. This issue will be especially important for monopolies [9,10,11].…”

Section: Methodsmentioning

confidence: 99%

Actual issues of digitalization in the industrial sector of the economy of Uzbekistan

Курпаяниди

2021

ОИ

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The article is devoted to disclosing the essence of digital transformation of industry, which, according to the author, is the key to building a knowledge of economy and obtaining measurable economic results through the introduction of end-to-end technologies. The digitalization process of industry plays an important role in the technological development of regional spatial and sectoral structures, therefore, the production of high-tech products by industry based on innovative digital technologies is of key importance for the development of the country's economy. The author conducted a systematic analysis of the problems of digitalization of the industrial sector of the national economy of Uzbekistan. The article proves the effectiveness of digitalization on the example of successfully functioning companies. It is substantiated that the digital transformation of production should be aimed at increasing the efficiency, productivity and competitiveness of the domestic industry in the world market. The study concludes that it is necessary to actively implement digital economy tools in the industrial sector. The resultsof research can be used to develop digitalization processes in the industrial sector of the economy of Uzbekistan and to increase their focus on the growth of competitive advantages and technological progress of regional spatial and sectoral structures in the conditions of digital economy. The study concludes that it is necessary to actively implement digital economy tools in the industrial sector. The results of research can be used to develop digitalization processes in the industrial sector of the economy of Uzbekistan and to increase their focus on the growth of competitive advantages and technological progress of regional spatial and sectoral structures in the conditions of digital economy.

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Section: Literature Reviewmentioning

confidence: 99%

“…Digitalization is the term that is closest to the Fourth Industrial Revolution, which has affected the life science industry (Gbadegeshin, 2019). Gbadegeshin (2019) also revealed that digital system commercializes information sourcing, assessment, and big data creation, which shows the importance of digitization in every company. Further research was conducted by Kuusisto (2017), who examined the big picture of a literature review about digitalization effects in organizational processes.…”

Section: Literature Reviewmentioning

confidence: 99%

Digitalization in Indonesian Cooperatives: Is It Necessary?

Nurdany

Prajasari

2020

JDE

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Digitalization has already penetrated all sectors of life and dominates business models. This study evaluates the extent to which small businesses should adopt digitalization. We focus on the cooperative's business model currently fighting with another fast-growing and popular business model, the start-up. Then, we used direct field research, including descriptive analysis and in-depth interviews with cooperatives in the Yogyakarta Special Region, Indonesia. We found that that the use of digital media by cooperatives in our study was minimal. From in-depth interviews, we found that some non-digital cooperatives insist on not using digitalization due to the lack of digital media penetration of their targeted customers and a preference for word-of-mouth marketing. One practical implication of this study is that digitalization depends somewhat on the addressed customer market model. Keywords: Digitalization, Cooperatives, Word of Mouth JEL Classification: D22, G23, O14

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The Effect of Digitalization on the Commercialization Process of High-Technology Companies in the Life Sciences Industry

Cited by 36 publications

References 36 publications

How to leverage manufacturing digitalization for green process innovation: an information processing perspective

How to leverage manufacturing digitalization for green process innovation: an information processing perspective

Actual issues of digitalization in the industrial sector of the economy of Uzbekistan

Digitalization in Indonesian Cooperatives: Is It Necessary?

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