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Article
Publication date: 25 November 2020

Arvind Upadhyay, Julius Oluwasunkanmi Ayodele, Anil Kumar and Jose Arturo Garza-Reyes

This paper aims to explore the challenges and opportunities of blockchain technology adoption from the lens of the technological–organisational–environmental (TOE) framework for…

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Abstract

Purpose

This paper aims to explore the challenges and opportunities of blockchain technology adoption from the lens of the technological–organisational–environmental (TOE) framework for operational excellence in the UK automotive industry context.

Design/methodology/approach

The research methodology of this study follows a systematic review approach, which analyses existing academic published research papers in the top 35 academic journals. There was no specific timeframe established for this study and shortlisting the articles through a set of used keywords. A sample of 71 articles was shortlisted and analysed to provide a discussion on technological and management challenges and opportunities of blockchain adoption from the lens of the TOE framework for operational excellence.

Findings

The findings of this study present significant theoretical and managerial implications and deep understanding for firms seeking to understand the challenges and opportunities of blockchain adoption for their operational excellence.

Research limitations/implications

The systematic literature approach was considered for the present study to explore existing academic papers on technological and management challenges and opportunities from the lens of TOE framework for operational excellence, whereas a more specified method meta-analysis can be considered for future research. The study has been explored in the UK automotive industry context, which has been considered as the limitation of generalisation across countries and industries.

Originality/value

This paper represents the most comprehensive literature study related to the technological and management challenges and opportunities of blockchain from the TOE framework angle for operational excellence.

Details

Journal of Global Operations and Strategic Sourcing, vol. 14 no. 1
Type: Research Article
ISSN: 2398-5364

Keywords

Article
Publication date: 12 October 2021

Jiangfeng Ye, Yingna Jiang, Bin Hao and Yanan Feng

This study aims to explore the impact of search breadth and depth on corporate entrepreneurship (CE) through the mediating effect of opportunity discovery under the consideration…

Abstract

Purpose

This study aims to explore the impact of search breadth and depth on corporate entrepreneurship (CE) through the mediating effect of opportunity discovery under the consideration of the technological environmental dynamism as a moderating factor.

Design/methodology/approach

This study adopts a quantitative method, collecting 246 questionnaires from high-tech firms in the national industrial park of the Yangtze River Delta zone in China. The authors examine the hypotheses using multiple hierarchical regressions and conduct Sobel and bootstrapping tests to further assess the mediating and moderated mediating effects of the variables.

Findings

The results indicate that both the relationship between search breadth and CE and the relationship between search depth and CE are mediated by opportunity discovery. The authors further show that technological environmental dynamism positively moderates the indirect effect of knowledge search breadth on CE and negatively moderates the indirect effect of knowledge search depth and CE.

Originality/value

This study provides a valuable theoretical framework for entrepreneurship literature by differentiating the effects of search depth and search breadth on the promotion of CE in established firms and pioneers the examination of the mediating role of opportunity discovery and the moderating role of technological environmental dynamism in these links as well.

Details

European Journal of Innovation Management, vol. 26 no. 2
Type: Research Article
ISSN: 1460-1060

Keywords

Article
Publication date: 27 October 2023

Yicun Li, Yuanyang Teng, Dong Wu and Xiaobo Wu

To answer the questions: what roles windows of opportunity act in the catchup process of latecomers, what strategies latecomer enterprises should adopt to size windows of…

Abstract

Purpose

To answer the questions: what roles windows of opportunity act in the catchup process of latecomers, what strategies latecomer enterprises should adopt to size windows of opportunity to catch-up with incumbents even going beyond?

Design/methodology/approach

This paper studies the catch-up history of the Chinese mobile phone industry and proposes a sectoral innovation system under scenario of technology paradigm shifts. Then a history-friendly simulation model and counterfactual analysis are conducted to learn how different windows of opportunity and catch-up strategies influence the catch-up performance of latecomers.

Findings

Results show latecomers can catch up with technology ability by utilizing technology window and path-creating strategy. However, catching up with the market is not guaranteed. Demand window can help latecomers to catch up with market as it increases their survival rates, different sized windows benefit different strategies. However, it also enlarges incumbents' scale effect. Without technology window technology catch up is not guaranteed. Two windows have combination effects. Demand window affects the “degree” of change in survival rates, while the technology window affects the “speed” of change. Demand window provides security; technology window provides the possibility of a breakthrough for technology ability.

Practical implications

The findings of this paper provide theoretical guidance for latecomer enterprises to choose appropriate catch-up strategies to seize different opportunity windows.

Originality/value

This paper emphasizes the abrupt change of industrial innovation system caused by technology paradigm shifts, which makes up for the shortcomings of previous researches on industrial innovation system which either studied the influence of static factors or based on the influence of continuous changes.

Details

European Journal of Innovation Management, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1460-1060

Keywords

Article
Publication date: 22 September 2023

Xinmin Peng, Lumin He, Shuai Ma and Martin Lockett

An alliance portfolio can help latecomer firms to acquire the necessary knowledge and resources to catch up with market leaders. However, how latecomer firms construct an alliance…

Abstract

Purpose

An alliance portfolio can help latecomer firms to acquire the necessary knowledge and resources to catch up with market leaders. However, how latecomer firms construct an alliance portfolio in terms of the nature of windows of opportunity has not been fully analyzed. This paper aims to explore how latecomer firms can build appropriate coalitions according to the nature of the window of opportunity to achieve technological catch-up in different catch-up phases.

Design/methodology/approach

Based on a longitudinal case study from 1984 to 2018 of Sunny Group, now a leading manufacturer of integrated optical components and products, this paper explores the process of technological catch-up of latecomer firms building different types of alliance portfolio in different windows of opportunity.

Findings

This paper finds that there is a sequence when latecomers build an alliance portfolio in the process of catch-up. When the uncertainty of opportunity increases, the governance mechanism of the alliance portfolio will change from contractual to equity-based. Also, latecomer firms build market-dominated and technology-dominated alliance portfolios to overcome their market and technology disadvantages, respectively.

Originality/value

These conclusions not only enrich the theory of latecomer catch-up from the perspective of windows of opportunity but also expand research on alliance portfolio processes from a temporal perspective.

Details

Nankai Business Review International, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 2040-8749

Keywords

Article
Publication date: 8 March 2021

Boris Urban and Mandla Maphumulo

Research shows how with the evolution of technologies, technological opportunism enables firms to effectively identify and exploit innovations and opportunities through strategic…

Abstract

Purpose

Research shows how with the evolution of technologies, technological opportunism enables firms to effectively identify and exploit innovations and opportunities through strategic management practices, such as adopting an entrepreneurial orientation. The study’s purpose is to explain the nature of the relationship between technological opportunism and innovation performance, while accounting for any possible moderating effects of entrepreneurial orientation.

Design/methodology/approach

A cross-sectional design was used to collect primary data from targeted respondents (n = 347) in the South African banking sector. Initially, instrument validity and reliability is established and the hypotheses are tested using multiple regression analyses.

Findings

The findings support the hypotheses insofar higher levels of technological opportunism are positively associated with higher levels of innovation performance, which is moderated by entrepreneurial orientation in terms of innovativeness, risk-taking and proactiveness. Moreover, competitive hostility, as a control played a significant role in the moderation effect between technological opportunism and innovation performance.

Practical implications

Leaders need to appreciate the importance of an entrepreneurial organization in leveraging technological opportunities which is pivotal for emerging economies, rather than individual entrepreneurial activities, which are rarely scalable in African economies.

Originality/value

The study provides an original contribution by increasing the theoretical and empirical reach of research on entrepreneurial orientation and technological opportunism. Since the original scales have primarily been employed in developed economies, by verifying their psychometric properties, this now allows for further replication studies to take place in other similar emerging market contexts.

Open Access
Article
Publication date: 7 March 2024

Shuwei Zang, Mengyuan Sun, Qimeng Wang, Haofu Wang and Shanwu Tian

The purpose of this paper is to discuss how enterprises can effectively perceive and use the digital opportunities brought about by digital technologies and dynamic environments…

Abstract

Purpose

The purpose of this paper is to discuss how enterprises can effectively perceive and use the digital opportunities brought about by digital technologies and dynamic environments and how they can enhance their capabilities to realize digital transformation and adapt to the development of the digital economy era.

Design/methodology/approach

Based on the windows of opportunity theory and strategic cognition theory, this paper conducts an empirical analysis of the questionnaire data of 268 enterprises and discusses the influence of external windows of opportunity and internal windows of opportunity on the digital transformation of enterprises, as well as the action mechanism of strategic cognition and entrepreneurship.

Findings

The results show that both the external windows of opportunity and the internal windows of opportunity have significant positive effects on the digital transformation of enterprises. Strategic cognition plays a partial mediating role in the external windows of opportunity and the internal windows of opportunity influencing the enterprise digital transformation process. Entrepreneurship plays a positive regulatory role in the process of external windows of opportunity and internal windows of opportunity influencing strategic cognition.

Originality/value

This paper deepens the relationship between internal and external windows of opportunity and enterprise digital transformation and contributes a new theoretical cognition. This paper integrates the strategic cognition theory to clarify the complex process mechanism of digital transformation using external situational opportunities and internal capabilities. This paper introduces entrepreneurship into the path mechanism of digital transformation and expands the characteristics of the study of digital transformation antecedents to the individual level within the enterprise.

Details

Chinese Management Studies, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1750-614X

Keywords

Book part
Publication date: 13 August 2014

Jonas Gabrielsson, Diamanto Politis and Åsa Lindholm Dahlstrand

There has been a significant rise in the number of patents originating from academic environments. However, current conceptualizations of academic patents provide a largely…

Abstract

There has been a significant rise in the number of patents originating from academic environments. However, current conceptualizations of academic patents provide a largely homogenous approach to define this entrepreneurial form of technology transfer. In this study we develop a novel categorization framework that identifies three subsets of academic patents which are conceptually distinct from each other. By applying the categorization framework on a unique database of Swedish patents we furthermore find support for its usefulness in detecting underlying differences in technology, opportunity, and commercialization characteristics among the three subsets of academic patents.

Details

Academic Entrepreneurship: Creating an Entrepreneurial Ecosystem
Type: Book
ISBN: 978-1-78350-984-3

Keywords

Article
Publication date: 25 May 2012

Donald S. Siegel and Maija Renko

Opportunity recognition is an important aspect on entrepreneurship, especially for technology‐based ventures. Drawing on Austrian economic theory, recent studies have emphasized…

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Abstract

Purpose

Opportunity recognition is an important aspect on entrepreneurship, especially for technology‐based ventures. Drawing on Austrian economic theory, recent studies have emphasized the importance of market knowledge in opportunity recognition. Although insightful, these studies do not take account of relationships that exist between different types of knowledge (e.g. technology and market knowledge). The authors aim to address this gap by integrating the Schumpeterian theory of opportunity development with Kirzner's theory of opportunity discovery to examine these relationships.

Design/methodology/approach

The data consist of a longitudinal sample of 42 new biotechnology ventures from the USA, Finland, and Sweden.

Findings

The paper finds that both market knowledge and technological knowledge (measured as the number of patents) contribute to firms' subsequent recognition of entrepreneurial opportunities.

Originality/value

The results show the value and importance of early market knowledge and technological knowledge for subsequent opportunity recognition. The empirical findings are reflected in the light of current research on Kirznerian and Schumpeterian opportunity recognition.

Details

Management Decision, vol. 50 no. 5
Type: Research Article
ISSN: 0025-1747

Keywords

Article
Publication date: 30 June 2022

James Burleson, Bruce E. Greenbaum and Jason Bennett Thatcher

The ongoing shift to telework has brought about tremendous opportunities for employees to reimagine their use of technology. Opportunities abound for both discovering new…

Abstract

Purpose

The ongoing shift to telework has brought about tremendous opportunities for employees to reimagine their use of technology. Opportunities abound for both discovering new technologies and new uses of existing technologies. However, opportunity alone is not enough to turn ideas into action. This opinion paper aims to identify grace, place and space as key concepts that can help managers navigate challenges and opportunities for technological innovation posed by telework.

Design/methodology/approach

The authors provide a concise review of related research and events that inform the selection of conditions necessary to foster employee technological innovation.

Findings

The authors identify three primary conditions necessary to foster employee technological innovation – grace, place and space. “Grace” refers to employee autonomy, “place” refers to networking and “space” refers to a reduction of overload. While telework may create opportunities for innovation, it also presents difficulties. Therefore, for each condition, the authors discuss inherent tensions and advise managers regarding how they can resolve those tensions and bring about innovation with a decentralized workforce.

Originality/value

The authors situate the discussion on facilitating conditions that foster employee technological innovation in today's current environment, one in which a rapid expansion of telework among employees is creating difficulties for managers. This paper addresses the “new normal” that managers will face for the foreseeable future.

Details

Internet Research, vol. 33 no. 1
Type: Research Article
ISSN: 1066-2243

Keywords

Article
Publication date: 3 July 2017

Job Rodrigo-Alarcón, Pedro Manuel García-Villaverde, Gloria Parra-Requena and María José Ruiz-Ortega

Innovativeness is a critical aspect for the survival and success of the company in the long term. The purpose of this paper is to study how the density of the network in which the…

Abstract

Purpose

Innovativeness is a critical aspect for the survival and success of the company in the long term. The purpose of this paper is to study how the density of the network in which the company is immersed influences the relationship between environment, dynamism and innovativeness. More specifically, the authors analyse whether the network density acts in a heterogeneous way, worsening or improving the effects of technological and market dynamism on innovativeness, respectively.

Design/methodology/approach

The empirical study was conducted on a sample of 292 companies in the agri-food industry in Spain. In order to test the proposed model, the authors used partial least squares.

Findings

The results show that technological dynamism has a positive effect on the generation and development of a firm’s innovativeness. However, market dynamism does not influence innovativeness. The authors also observe that the interactive effects between network density and dynamism are significant, but in a divergent way. Whereas the interactive effect between density and technological dynamism is negative, the interaction between density and market dynamism is positive.

Originality/value

The main contribution of the study is to show how the level of network density alters the effect of technological and market dynamism on innovativeness. The authors highlight the relevance of network theory to explain the contextual background to innovativeness. The authors also stress the importance of differentiating between the market and technological components of dynamism to further elucidate their effects.

Details

Journal of Organizational Change Management, vol. 30 no. 4
Type: Research Article
ISSN: 0953-4814

Keywords

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