Value co-creation through social innovation: A study of sustainable strategic alliance in telecommunication and financial services sectors in Bangladesh

Babu, Mujahid Mohiuddin; Dey, Bidit Lal; Rahman, Mizan; Roy, Sanjit Kumar; Alwi, Sharifah Faridah Syed; Kamal, Muhammad Mustafa

doi:10.1016/j.indmarman.2020.06.003

Cited by 103 publications

(84 citation statements)

References 84 publications

(89 reference statements)

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…Despite the wide interest of the specific factors enabling SI, the development process in the context of SS, that is, the start‐ups founded to pursue a social mission, remains understudied (Piccarozzi, 2017). More recent literature recognizes their pivotal role in exploiting innovation opportunities by focusing on the support and value of strategic alliances thanks to SS' ‘out‐of‐the‐box propositions’ (Babu et al, 2020; Sansone et al, 2020). These contributions do not consider the point of view of the start‐ups themselves or their efforts in developing their ideas into potentially scalable solutions while avoiding failure.…”

Section: Introductionmentioning

confidence: 99%

How social start‐ups avoid being falling stars when developing social innovation

et al. 2021

View full text Add to dashboard Cite

The aim of this study is to provide new insights into the social innovation (SI) development process in the context of social start-ups. A multiple case study identifies the issues and mechanisms for social start-ups to develop a social need into a potentially scalable innovation and to validate and scale it up, while avoiding a possible failure. Results show that key challenges faced by social start-ups can be characterized according to the stage of the SI development path. Firstly, social start-ups' failure can be caused by the lack of expertise in social problems and of flexible processes for social ventures creation; secondly, by the lack of awareness of SI benefits and proper resources allocation; and, finally, by a weak understanding of the impact and intangible outcomes of the developed SI in society, while ensuring its economic sustainability. Successfully overcoming these challenges requires social start-ups to put in place the following mechanisms: (1) leveraging a vision and motivations that balance tensions in terms of the radical, economic and cultural aspects of SI;(2) engaging the SI stakeholders in different (and sequential) phases of SI development process; and (3) identifying and adopting the most suitable technological, financial and communication tools in an integrated way.

show abstract

Section: Introductionmentioning

confidence: 99%

How social start‐ups avoid being falling stars when developing social innovation

et al. 2021

View full text Add to dashboard Cite

show abstract

“…They are research organizations within the ecosystem [19]. Eco-innovation is associated with sustainable social innovation aimed at solving social and environmental problems [20], thus, green innovation strategies become an effective tool for increasing the competitiveness of products and the sustainability of production systems, and the factors influencing the implementation of eco-innovation in value chains have become an independent subject of analysis [21].…”

Section: Theoretical Review 21 Theoretical and Methodological Approaches To The Study Of Strategic Innovation As A Factor Of Adaptation Omentioning

confidence: 99%

“…Their theoretical basis is the theory of social identity, the theory of change management and the theory of social exchange. When describing social innovation in most publications, the following main aspects are highlighted: first, the cooperation of companies in the development and implementation of social innovations, including the joint creation of a system of social values, as well as their role and contribution to the sustainable development of ecosystems [20]; second, taking into account the results of the implementation of social innovations in assessing the ongoing social changes and the results of the functioning of global value chains [26][27][28]; third, the formation of social partnership between all participants in innovation processes, including researchers introducing innovations of employees of enterprises, managers and other stakeholders [29].…”

Section: Theoretical Review 21 Theoretical and Methodological Approaches To The Study Of Strategic Innovation As A Factor Of Adaptation Omentioning

confidence: 99%

Strategic Innovation as a Factor of Adaptation of National Economies to the Development of Global Value Chains

et al. 2021

View full text Add to dashboard Cite

In age of sustainable development, strategic innovations have become the most important factor in the adaptation of national economies to dynamic global changes, encompassing trade and economic relations between the leading and developing countries of the World. At the same time, the task of this study was to reveal the complex and contradictory role of strategic innovations in the development of national economies against the background of the transformation of global value chains (GVCs). Main methods for solving the problem were empirical methods of comparative and structural analysis, as well as econometrics. The study analyzed 44 countries classified by the World Bank in the group of countries with per capita incomes below and above the average, as well as with high income. Results of the calculations made it possible to establish a highly differentiated relationship between the share of products manufactured by foreign companies operating in the host countries, on the one hand, and indicators of the dynamics of foreign direct investment (the number of researchers engaged in R&D, the number of technical specialists involved in research and development (R&D), the cost of research and development in the territory of the host countries), on the other hand. This made it possible to determine the role of strategic innovation in the adaptation of national economies. The established dependencies expand the understanding of the role of strategic innovations in the formation and further development of global value chains and their significance in evolution: from process and product innovations of individual companies to the formation of global innovation ecosystems.

show abstract

“…Successful green co-innovations rely heavily on interaction with business partners [11,23,24]. According to the sociological concept of homophily, similar companies are more likely to associate with each other.…”

Section: Perceived Similarity Has a Positive Effect On Green Open Innmentioning

confidence: 99%

Green Open Innovation Activities and Green Co-Innovation Performance in Taiwan’s Manufacturing Sector

Chang

2020

IJERPH

View full text Add to dashboard Cite

This study investigates the positive effects of an appropriability regime and perceived similarity to green co-innovation performance when considering green open innovation activities as the mediator. It proposes a novel construct, i.e., green open innovation activities, and employs structural equation modeling to test its hypotheses. 190 valid questionnaires were collected from executives in Taiwanese manufacturing companies. Manufacturing activities are regarded as a major source of pollution. Consequently, given the broad concern for the environment among governments and consumers, adopting green practices has become critical for manufacturing companies. All the proposed hypotheses were supported by the analysis results. An appropriability regime is positively associated with green open innovation activities and green co-innovation performance. Perceived similarity is positively associated with green open innovation activities and green co-innovation performance. Moreover, green open innovation activities are positively associated with green co-innovation performance. A major finding is that if a company introduces one, the longer the duration of a green project is, the stronger the green open innovation activities and green co-innovation performance are. This study aimed to determine the simultaneous effects of both factors, i.e., appropriability regime, and perceived similarity on green open innovation activities and green co-innovation performance. The contribution of this study highlights the simultaneous importance of appropriability regimes and perceived similarity to determine a company’s green practices. While companies have tended to increase their green co-innovation performance, they need to improve their appropriability regime, perceived similarity, and green open innovation activities.

show abstract

Value co-creation through social innovation: A study of sustainable strategic alliance in telecommunication and financial services sectors in Bangladesh

Cited by 103 publications

References 84 publications

How social start‐ups avoid being falling stars when developing social innovation

How social start‐ups avoid being falling stars when developing social innovation

Strategic Innovation as a Factor of Adaptation of National Economies to the Development of Global Value Chains

Green Open Innovation Activities and Green Co-Innovation Performance in Taiwan’s Manufacturing Sector

Contact Info

Product

Resources

About