Value creation strategies for science-based business: A study of advanced materials ventures

Maine, Elicia; Lubik, Sarah; Garnsey, Elizabeth

doi:10.5172/impp.2013.15.1.35

Cited by 5 publications

(10 citation statements)

References 4 publications

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“…Hence, SMEs can proactively form commercialization networks and attract various types of partners. Radical qualities and novelty may be highly valued by their customers and these benefits may outweigh increased uncertainty in the minds of potential network partners (Maine et al, 2013).…”

Section: Commercialization Network and Actors' Rolesmentioning

confidence: 99%

“…Brokers can play significant roles in facilitating collaborative innovation (Winch and Courtney, 2007;Lee et al, 2010) by demand articulation, protecting intellectual property, network composition, and innovation process management (Howells, 2006;Batterink et al, 2010). SMEs in emerging technologies can experience high uncertainty due to the generic nature of their technology, potential applications in multiple markets and the need for customers to undertake further process innovations (Maine et al, 2013). Brokers can help SMEs to explore different application areas, find suitable industrial partners and facilitate translations.…”

Section: Commercialization Network and Actors' Rolesmentioning

confidence: 99%

“…It can be argued that broker-led networks are crucial for SMEs that are positioned upstream. In addressing uncertainty, the need for complementary innovations and the trialability of their innovation, Maine et al (2013) found that the upstream nanomaterials ventures with the highest value creation were those targeting distinct markets, each requiring customization. Broker-led networks can play a significant role in commercialization of nanomaterials by reducing these uncertainties for upstream SMEs and support them in enhancing their transformative capacities.…”

Section: Broker-led Networkmentioning

confidence: 99%

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Commercialization networks in emerging technologies: the case of UK nanotechnology small and midsize enterprises

2022

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This paper investigates how small and midsize enterprises (SMEs) utilize networks to commercialize emerging technologies. We build on literature on SMEs and innovation, networks, and how innovation occurs within collaborative arrangements. Contrasting network types and their influences on commercialization outcomes are probed in the context of SME value chain positions. An exploratory study is undertaken to offer a framework and findings that provide context and insight. We consider roles of SME agency and strategy to put forward a framework of network types. Using a multiple case approach of a sample of UK nanotechnology SMEs, value-chain positions and networks for commercialization are examined. Data are collected through semi-structured primary interviews with managers and informants and from secondary business databases and other sources.Commercialization outcomes are found to vary by SME network type and value chain positioning. SMEs can proactively create SME-led, peer-SME or broker-led networks that aid commercialization. SME-led networks enable successful commercialization of upstream and midstream products. Peer- SME networks are used for downstream commercialization. Broker-led networks facilitate commercialization in the upstream part of the value chain. Hybrid networks are used where SMEs pursue multiple commercialization strategies. Reactive approaches to networking and interrupted networks, regardless of value chain position, are unfavourable for commercialization. The study’s conceptual and managerial implications are discussed.

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Section: Commercialization Network and Actors' Rolesmentioning

confidence: 99%

Section: Commercialization Network and Actors' Rolesmentioning

confidence: 99%

Section: Broker-led Networkmentioning

confidence: 99%

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Commercialization networks in emerging technologies: the case of UK nanotechnology small and midsize enterprises

2022

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“…Support for a small number of innovative projects. Focus on the development of projects venture financing [10] as a step towards creating a risk-based approach. Risk management in production is one of the factors in the formation of the knowledge economy.…”

Section: Low Rates Of Intensification and Extensification Ofmentioning

confidence: 99%

Development Potential Assessment of Chuvash Republic Electrical Engineering Industry

Евсеев¹,

Морозова²,

Kulagina³

2020

Proceedings of the “New Silk Road: Business Cooperation and Prospective of Economic Development” (NSRBCPED 2019)

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The relevance of the research is due to the fact that there is a lack of scientific knowledge in determining the development potential of the Chuvash Republic electrical engineering industry, which will help to form a clearer view of the performance of electrical engineering industry enterprises as participants in regional innovation processes. The purpose of this article is to assess the development potential of the regional electrical engineering industry. The leading approach to the research is an integrated one, and the method is a statistical and economic one, which allows to give a comprehensive description of the electrical engineering industry development in modern conditions. As a result of the analysis, we can state that we have assessed and substantiated the development potential of the region's electrical engineering industry: the advanced enterprises of Chuvash Republic electrical engineering cluster created a reserve expressed in the use of modern technological processes and international quality management standards in industries, however, a certain portion of opportunities is in the form of maximizing the implementation of human capital abilities, shaping the economy knowledge, is still not finding proper application, waiting for arrangements allowing it to realize the development potential of the industry.

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“…In this sense, microfluidics should satisfy the needs of non-expert users so that it can become a routine operation for untrained personnel [ 19 , 139 ]. Moreover, market uncertainty is reduced if the product does not require new skill sets from consumers [ 155 ]. In particular, modelling and designing DEP and IA devices become critical for implementing systems for near-patient clinical analysis [ 41 ].…”

Section: Technology Transfer and Social Return Challenges In Micromentioning

confidence: 99%

Combined Dielectrophoresis and Impedance Systems for Bacteria Analysis in Microfluidic On-Chip Platforms

Páez-Avilés

Juanola-Feliu

Punter-Villagrasa

et al. 2016

Sensors

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Bacteria concentration and detection is time-consuming in regular microbiology procedures aimed to facilitate the detection and analysis of these cells at very low concentrations. Traditional methods are effective but often require several days to complete. This scenario results in low bioanalytical and diagnostic methodologies with associated increased costs and complexity. In recent years, the exploitation of the intrinsic electrical properties of cells has emerged as an appealing alternative approach for concentrating and detecting bacteria. The combination of dielectrophoresis (DEP) and impedance analysis (IA) in microfluidic on-chip platforms could be key to develop rapid, accurate, portable, simple-to-use and cost-effective microfluidic devices with a promising impact in medicine, public health, agricultural, food control and environmental areas. The present document reviews recent DEP and IA combined approaches and the latest relevant improvements focusing on bacteria concentration and detection, including selectivity, sensitivity, detection time, and conductivity variation enhancements. Furthermore, this review analyses future trends and challenges which need to be addressed in order to successfully commercialize these platforms resulting in an adequate social return of public-funded investments.

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Value creation strategies for science-based business: A study of advanced materials ventures

Cited by 5 publications

References 4 publications

Commercialization networks in emerging technologies: the case of UK nanotechnology small and midsize enterprises

Commercialization networks in emerging technologies: the case of UK nanotechnology small and midsize enterprises

Development Potential Assessment of Chuvash Republic Electrical Engineering Industry

Combined Dielectrophoresis and Impedance Systems for Bacteria Analysis in Microfluidic On-Chip Platforms

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