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Article
Publication date: 17 November 2023

Sepehr Ghazinoory, Meysam Shirkhodaie and Mercedeh Pahlavanian

Fintechs are expected to develop rapidly as technologies that help improve the efficiency of the traditional financial system, but an examination of fintech subbranches shows…

Abstract

Purpose

Fintechs are expected to develop rapidly as technologies that help improve the efficiency of the traditional financial system, but an examination of fintech subbranches shows different behaviors. In some sub-branches, the transition has been accompanied by a higher speed and more success, but in some other sub-branches, the opposite has been observed. The difference in the development of fintech sub-branches and its reasons have been paid less attention. Therefore, this article aims to identify the factors affecting the transition.

Design/methodology/approach

The use of new technologies in financial services at the international level has led to the provision of fast, customized and economical services, and the fact that these services are welcomed by the users has created opportunities for fintech's transition. This qualitative research follows the socio-technical phenomenon of fintech transition through narrative research. For its formulation, the transition process of fintech sub-branches was analyzed based on the multi-level analytical framework and Geels et al.’s transition path theory.

Findings

Transition is a change from one socio-technical regime to another. The findings of the research showed that these changes are influenced by the following factors: provision of infrastructure, the support of industry incumbents from innovative financial services, policy-making, citizen's welcoming, improving the knowledge and expertise of actors, legal adjustments as well as provision of innovative services.

Originality/value

The fintech transition has a special nature because the speed of developments in fintech is high and there is a series of innovations that are continuously replaced by subsequent innovations. Existing models have often focused on the long-term transition of a technology. This article presents a new approach for the analysis of changes in the short term in such a way that, based on the position of the actors in favor of or against the technological changes and institutional changes of the transition, it has analyzed and identified the factors affecting the transition. By focusing on these factors, policymakers can direct the way of fintech transition and help accelerate and facilitate fintech transition.

Details

Journal of Service Theory and Practice, vol. 34 no. 2
Type: Research Article
ISSN: 2055-6225

Keywords

Article
Publication date: 29 July 2019

Quan Chen, Jing-An Wang, Ruiqiu Ou, Junhua Sun and Li-Chung Chang

Disruptive technologies often disrupt the careers of middle-skilled workers. The purpose of this paper is to investigate career transition strategies of middle-skilled workers…

1015

Abstract

Purpose

Disruptive technologies often disrupt the careers of middle-skilled workers. The purpose of this paper is to investigate career transition strategies of middle-skilled workers that partially continue or expand their careers under the condition of disruptive technologies.

Design/methodology/approach

This paper established a conceptual framework of career transition strategies for middle-skilled workers by integrating the existing studies of disruptive technologies, technological trajectory transition, boundaryless and protean careers, and careers as repositories of knowledge.

Findings

The authors proposed three types of career transition strategies to partially prolong middle-skilled workers’ careers, namely, industry-oriented transition strategy which refers to a transfer to other occupations in the original industry, technology-oriented transition strategy which refers to a transfer to occupations with original technical skills in other industries, and comprehensive transition strategy which refers to a transfer to other occupations in the related industries. Further, this paper discusses the external conditions and individual competencies for each career transition strategy, and timing for implementing a career transition strategy from the perspective of the technology life cycle.

Originality/value

This paper focused on sustainable careers of middle-skilled workers under the condition of disruptive technologies, which received very little attention from the current literature. The findings also suggested for middle-skilled workers to develop a sustainable or long-term career in the current era of many disruptive technologies. The findings may also imply on how firms and government should contribute to help workers on handling scenarios of technological disruption.

Details

Career Development International, vol. 24 no. 5
Type: Research Article
ISSN: 1362-0436

Keywords

Article
Publication date: 4 July 2008

Tomoatsu Shibata and Mitsuru Kodama

The purpose of this paper is to provide new practical viewpoints and a framework regarding the management of technology transition from old to new technology through an in‐depth…

2388

Abstract

Purpose

The purpose of this paper is to provide new practical viewpoints and a framework regarding the management of technology transition from old to new technology through an in‐depth case study of Fanuc.

Design/methodology/approach

Due to the exploratory nature of this research and our interest in identifying key factors that affect the progress of technological transition, the authors selected the grounded theory style of data interpretation.

Findings

This case study identifies three key factors common to Fanuc's two major technological transitions and provides a new framework for the successful transition.

Originality/value

This paper provides new practical viewpoints regarding the management of technology transition from old to new technology.

Details

Business Strategy Series, vol. 9 no. 4
Type: Research Article
ISSN: 1751-5637

Keywords

Open Access
Article
Publication date: 16 April 2024

Chris Brueck

The purpose of this study is to shed light on the twin transition in China in the organization of innovation processes in artificial intelligence (AI) and green technology (GT…

Abstract

Purpose

The purpose of this study is to shed light on the twin transition in China in the organization of innovation processes in artificial intelligence (AI) and green technology (GT) development and to understand the role of foreign multinationals in Chinese innovation systems.

Design/methodology/approach

A qualitative research approach is used by interviewing executives from German multinationals with expertise in AI and GT development and organization of innovation processes in China. In total, 11 semi-structured interviews were conducted with companies, and the data were analysed with a thematic qualitative text analysis.

Findings

The findings show that AI applications for GT are primarily developed in cross-company projects that are led by local and regional authorities through the organization of industrial districts and clusters. German multinationals are either being integrated, remaining autonomous or being excluded from these twin transition innovation processes.

Originality/value

This paper aims to fill the gap in the literature by providing one of the first qualitative approach towards twin transition innovation processes in China and exploring the integration of multinational enterprises in cluster organizations. To the best of the author’s knowledge, this is one of the first twin transition studies from this perspective in emerging economies.

Details

Competitiveness Review: An International Business Journal , vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1059-5422

Keywords

Article
Publication date: 17 January 2024

Lakshminarayana Kompella

In socio-technical transition theory, resistance by existing technology and regime resistance plays a key role. The resistance is in the form of intentional improvements;…

Abstract

Purpose

In socio-technical transition theory, resistance by existing technology and regime resistance plays a key role. The resistance is in the form of intentional improvements; eventually, the regime destabilizes and adopts the new technology, referred to as the sailing-ship effect. Researchers used a structural view and examined it as a strategic action and its relationship with new technology (competitive/symbiotic) in non-fast-changing sailing systems. This study uses a microlevel view and examines it in a fast-changing where products/services are developed by integrating existing technology with new product innovations; their success depends on addressing technical/market uncertainty. This study examines the sailing-ship effect in a fast-changing system and contributes to the socio-technical transition theory.

Design/methodology/approach

The authors need to examine the phenomena of the sailing-ship effect in its setting, and a case-study method is appropriate. The selected case provided diverse analytic and heuristic perspectives to examine the phenomena; therefore, it was a single case study.

Findings

In an IT scenario, the strategic actions decide and realize agility and competitive advantage by formulating appropriate goals with required budgets and coevolutionary changes to resources at product, process and organizational levels, addressing technical/market uncertainty. Moreover, the agility displayed by strategic actions determines the relationship with new technology, which is interspersed. Finally, it provided insights into struggle, navigation and negotiations, forming strategic actions to display the sailing-ship effect.

Research limitations/implications

The study selected a Banking Financial Services and Insurance product of an IT Services company. As start-ups exhibit inherent (emergent) agility, the authors can examine agility as a combination of emergent and strategic actions by selecting a start-up.

Practical implications

The study highlights the strategic actions specific to an IT services company. It developed its product and services by steering clear from IT innovations such as native cloud and continuous deployment. It improved its products/services with necessary organizational changes and achieved the desired agility and competitive advantage. Therefore, organizations devise appropriate strategic actions to combat the sailing-ship effect apart from setting goals and selecting IT innovations.

Originality/value

The study expands the socio-technical transition theory by selecting a fast-changing system. It provided insights into the relationship between existing and new technology and the strategic actions necessary to manage technical and market uncertainty and achieve the desired competitive advantage, or the sailing-ship effect.

Details

Journal of Science and Technology Policy Management, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 2053-4620

Keywords

Article
Publication date: 18 April 2018

Anuj Singla, APS Sethi and Inderpreet Singh Ahuja

The purpose of this paper is to analyze transitions between technology push (TP) and demand pull (DP) strategies for accomplishing sustainable development in manufacturing…

Abstract

Purpose

The purpose of this paper is to analyze transitions between technology push (TP) and demand pull (DP) strategies for accomplishing sustainable development in manufacturing industries.

Design/methodology/approach

The key aspects based on their relevance to TP-DP strategies have been extracted from literature review. The aspects were utilized to design a well-framed TP-DP questionnaire. An extensive survey in medium- and large-scale manufacturing industries operating in India has been executed through questionnaire. The responses to various factors were collected and the data obtained have been analyzed using analytical and graphical comparisions.

Findings

The recognition of the outcomes of transitions was perceived to be substantial. The research concludes that DP strategies dominates TP strategies in the present context. These strategies have emerged as a foundation for several development initiatives and actively support manufacturing industries in accomplishing sustainable development.

Originality/value

The analysis shows that TP-DP strategies in Indian manufacturing industries encounter significant transitions at different stages of their development.

Details

World Journal of Science, Technology and Sustainable Development, vol. 15 no. 4
Type: Research Article
ISSN: 2042-5945

Keywords

Article
Publication date: 25 December 2023

Lakshminarayana Kompella

Organizations use innovations and respond to external pressures, creating a transition to the sociotechnical system. In their transitions, they interact with the environment and…

Abstract

Purpose

Organizations use innovations and respond to external pressures, creating a transition to the sociotechnical system. In their transitions, they interact with the environment and undergo adaptation-selection. The extant literature used a multilevel perspective (MLP) with a structural view and examined dynamics and transitions (phenomena) in a noninterventionistic setting. This study aims to examine the dynamics and phenomena with a microstructural or functional view and expand the MLP; this paper uses neo-institutionalism and human values as part of the functional view. Moreover, when the authors examine the phenomena in an interventionistic setting, they can obtain certain unique dynamics and their influence on the phenomena.

Design/methodology/approach

The authors need to examine the phenomena in its setting, so this paper selected a case study, Indian electricity generation. For diverse heuristic and analytic views, it selected two Indian states.

Findings

The findings from the functional view showed that organizations exhibit certain traits of neo-institutionalism and human values, which mediate their responses (behavior) to external pressures. Additionally, due to the interventionist state, their dynamics use shaping instead of selection logic for innovations, which decides the transition pathway selection (technology adoption). It further decided the extent to which innovations cumulate as stable designs. As a result, the responses and the transition provide benefits in the short term while invariably failing in the long term.

Research limitations/implications

By selecting cases with higher investments in renewable energies and combustible fuels, the authors can expand the functional view to include user typologies such as producers, intermediaries and citizen groups and obtain further insights into transitions.

Practical implications

The study highlights the generation dynamics specific to Indian electricity generation and its transition pathways. The study’s outcome provides insights to researchers and practitioners in formulating policy changes and transforming electricity generation.

Originality/value

The study uses a functional view comprising neo-institutionalism and human values and expands the sociotechnical transition theory. In addition, selecting an interventionist setting provided insights into dynamics specific to organizational behavior and associated services. Finally, the obtained insights offer suggestions for technology development to better manage transitions with adaptation-selection.

Details

International Journal of Energy Sector Management, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1750-6220

Keywords

Article
Publication date: 7 March 2016

Beth Davis-Sramek, Konstantin Krotov and Richard Germain

The purpose of this paper is to examine a traditional information technology (IT) integration-performance framework in the transition economy of Russia, which has undergone…

Abstract

Purpose

The purpose of this paper is to examine a traditional information technology (IT) integration-performance framework in the transition economy of Russia, which has undergone significant and tumultuous institutional shifts. The research incorporates variables not previously utilized in the supply chain literature but underscore significant roles in the context of the Russian institutional environment to examine the drivers of IT integration.

Design/methodology/approach

The Moscow-based, Public Opinion Research Center (VCIOM) was contracted to collect data from Russia manufacturing firms with 100 or more employees, and the effort resulted in 769 responses from Russian private sector firms. This primary survey data were combined with two secondary data sets to test the model using structural equation modeling.

Findings

Overall, the results indicate that firms in developed economies must pay special attention to specific contextual nuances in transition economy firms that can affect their ability to successfully navigate this significantly different supply chain environment. Specifically, the results show that spatial distance from Moscow hampers a firm’s ability to integrate its logistics IT capabilities, suggesting that “modern” logistics IT (and possibly supply chain practice in general) initiate from the Moscow core and spread outward. Further, results find that growth in the number of foreign competitors in a firm’s primary industry over the prior five-year period associates with greater integrated logistics IT. It appears that increasing foreign competition creates a sense of urgency for managers within Russian firms to focus on cost reduction and improvements in logistics efficiencies by way of greater IT integration.

Originality/value

A significant portion of research related to supply chain management and firm performance takes place in the economically developed West, but there are questions about whether these findings are applicable in transition economies that have a significantly different set of institutional dynamics. This research highlights how the unique contexts in transition economies such as Russia can present challenges for firms as they adapt to the realities of global market dynamics.

Details

International Journal of Physical Distribution & Logistics Management, vol. 46 no. 2
Type: Research Article
ISSN: 0960-0035

Keywords

Article
Publication date: 1 December 2010

This case study from Hft, national charity for people with learning disabilities and their families, illustrates how assistive technology can play a vital role in supporting…

Abstract

This case study from Hft, national charity for people with learning disabilities and their families, illustrates how assistive technology can play a vital role in supporting people with learning disabilities to make the move from traditional registered care to supported living within the community. The article demonstrates how personalised technology was used in response to individual issues to enable the people involved to become more confident and independent and to enjoy a better quality of life, while making the most efficient use of resources.

Details

Journal of Assistive Technologies, vol. 4 no. 4
Type: Research Article
ISSN: 1754-9450

Keywords

Article
Publication date: 26 November 2021

Yingying Ding, Xi Xi and Yao He

Time analysis and institution analysis as well as journal analysis allow the study to show literature distribution in this research area. Research hotspots and trending among…

Abstract

Purpose

Time analysis and institution analysis as well as journal analysis allow the study to show literature distribution in this research area. Research hotspots and trending among different times are revealed by network-structural properties and network-temporal property. The study aims to shed light on international cluster research progress on strategic niche management (SNM).

Design/methodology/approach

Using searched literature data on SNM from 1991 to 2018 from the database of Web of Science (WOS), the article maps the citation network and completes the citation analysis based on bibliometric citation analysis.

Findings

These eight research streams reveal the development of SNM from theoretical description to target-oriented study and finally diversification analysis.

Originality/value

The paper identifies eight continuous research streams in SNM: sustainable transition, dynamical diversity, complexity, social-technical system, social innovation, social-cognitive evolution, emerging market and policy mix.

Details

Kybernetes, vol. 52 no. 3
Type: Research Article
ISSN: 0368-492X

Keywords

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