Digital Commons Network^™

Innovation Heterogeneity And Schumpeterian Growth Models, Eduardo Pol, P. Carroll

Eduardo Pol

Innovation heterogeneity refers to two empirical facts: economic sectors vary according to sources and rates of innovation, and innovations vary in terms of the magnitude of their economic impact. The central focus of this paper is the problem of scale effects in the Schumpeterian growth models. Although these models make endogenous the production of innovations, they assume not only an oversimplified pattern of sectoral innovation but also that major innovations are virtually indistinguishable from minor innovations. The main claim of the a er is that without a theoretical framework revolving around both the existence of realistic sectoral patterns of innovation …

Innovation And Economic Education: An Integration, Eduardo Pol

Eduardo Pol

Almost everyone agrees on the importance of educating a broad spectrum of the public about economics and business. It has been suggested by experts in economic education that universities should place greater emphasis on economics as a general education. The present paper develops a proposal to integrate innovation into elementary economic education that business faculties might use to enrich their general economic education offerings. We believe the proposal can be implemented through the design of a new subject - which may be called the 'Creative Economy' - supported by a method of teaching and learning by successive approximations. The study …

Reconciling The Invisible Hand And Innovation, Eduardo Pol

Eduardo Pol

It is generally agreed that Adam Smith invoked the Invisible Hand to send the message to posterity that a free-market economy is the best form of economic organization. Strictly speaking, the Invisible Hand of Adam Smith is a conjecture about the virtues of a free-market economy. There are three claims in this paper concerning the interpretation of the Invisible Hand conjecture. First, the neoclassical interpretation engenders a conceptual confusion -identified here as the 'double paradox' of the Invisible Hand. Second, the interpretation of Adam Smith's conjecture on the beneficial effects of the free-market economy cannot -and should not- be confined …

The Institutional Legacy And The Development Of An Australian National Innovation System, Simon Ville

Simon Ville

Institutions are the rules of the game that help to shape the long-term historical development of societies. They mediate human interaction and can be more or less formal (or tangible) in nature ranging from systems of government to common modes of behaviour. Most formal institutions can be distinguished as economic, social, political or cultural in nature although such distinctions are more difficult to make for informal institutions. What is certain is the pervasive impact of all types of institutions on a country’s multifaceted development. Thus, economic performance may be shaped as much by a nation’s legal system as by its …

An Extensible Framework For Selecting Incremental Innovations, Arcot Desai Narasimhalu

Arcot Desai NARASIMHALU

There are several innovation methodologies reported in the literature starting from simple concepts such as technology push and market pull all the way to Disruptive innovation. Almost all these methods do not provide for customizability and extensibility. The method described in this paper is called Quick and Dirty Innovation Method or QaDIM in short to represent the fact that the method can be used rather easily to identify incremental innovation opportunities. The paper will first describe the basic concept, and then proceed to give a sample framework before proceeding to describe the extensibility. The method allows firms and individuals to …

Engineering Innovative Mobile Data Services: Developing A Model For Value Network Analysis And Design, Mutaz M. Al-Debei, Enas M. Al-Lozi, Guy Fitzgerald

Dr. Mutaz M. Al-Debei

Purpose – This study aims to analytically develop a reference model for engineering (i.e. analysis, design, development, evaluation, delivery, maintenance, modification, and management) powerful value networks capable of creating innovative mobile data services. Design/methodology/approach – The paradigm followed is that of Design-Science Research (DSR) which incorporates two main iterative processes: build and evaluate. For building the model (i.e. the design science artifact in this research), we followed three iterations: (1) Literature Review Analysis; (2) Semi-Structured Interviews analyzed through content analysis; and (3) examination of real-life case studies. But for evaluating the model, we utilized the NTT DoCoMo’s i-mode case. Findings …

Cfp: Handbook Of Research On Technological Applications And Innovation For Economic Development, Deogratias Harorimana Mr

Dr Deogratias Harorimana

The innovation in the 21st century goes significantly beyond the high-tech picture driven by small or large industry clusters in a specific region-typically Silicon Valley and M4Corridor. The future of innovation will lie within knowledge management and seamless technological applications. These will be supported by planned funding strategies, possibly with clients as drivers of the innovation. This view seems to be supported by the UK government “Technology and Innovation Futures” (2011); the USA government (2011), study into which leading scholars concede that the future innovation and technological applications for economic growth will include products and processes, improvements in areas such …

Philanthropic Innovation And Creative Capitalism: A Historical And Comparative Perspective On Social Entrepreneurship And Corporate Social Responsibility, Shruti Rana

Shruti Rana

Each generation creates its own philanthropic bodies, with novel structures promising both increased sustainability and efficiency. From the seventeenth-century financial imperialists to today’s internet entrepreneurs, innovation, wealth, and philanthropy have moved in tandem, shaping one another and resulting in new philanthropic forms. The most recent of these emerging entities is the “for-profit charity,” which relies on market profits and market principles to replace donations and to maximize its impact. Current philanthropic literature praises these market-based structures as revolutionary innovations that enhance long-term sustainability, and the focus of legal reforms falls along these lines. Yet the legal literature fails to fully …

China's New Energy Vehicles: Value And Innovation, Chris Kimble, Hua Wang

Chris Kimble

The overarching theme of this article is the importance of innovations that are created within the emerging economies. More specifically, the article aims to focus on the development of various alternatives to vehicles powered by the internal combustion engine, new energy vehicles (NEVs), within China. The broad strategic approach of two sectors within the NEV sector in China, the pure electric vehicle (EV) and the low-speed electric vehicle (LSEV) sectors, are compared using recent data and conclusions are drawn. The EV sector is viewed by central government as a key sector for China's future industrial growth and is heavily supported. …

The Role Of Creativity In Development Of Innovation In Tourism, Elif Bascavusoglu-Moreau, Sebastian Kopera, Ewa Wszendybył-Skulska

Journal of Entrepreneurship, Management and Innovation JEMI

Creativity, innovation and entrepreneurship are slogans that have become an integral part of modern tourism economy. Creativity and innovation of tourism economy as well as the meaning of creativity in tourism business are intensely discussed. Today, creativity is being frequently analyzed as a basic feature of actions performed on a daily basis in terms of both personal and professional life, a feature that every employee is required to possess. It means that employers and, above all, the education system must feel it necessary to develop certain conditions in which human creativity can be shaped, which is understood as a system …

Innovative Activity Of Small Tourist Enterprises – Cooperation With Local Institutional Partners, Marta Najda-Janoszka

Journal of Entrepreneurship, Management and Innovation JEMI

According to the open innovation model an effective strategy for increasing innovation and competitiveness of the region should be based on active and multilevel cooperation among operators of the local tourism business environment. It is commonly assumed that an exceptionally important role in creating a favorable environment for the cooperative practices in the region is performed by local authorities. Yet, a modest number of research findings presented in the literature indicate a rather high level of inertia of local authorities in creating appropriate conditions for tourism business development, thus putting in question the effectiveness of performed intermediary function in the …

Knowledge Brokering And Organizational Innovation: Founder Imprinting Effects, David Hsu, Kwanghui Lim

Kwanghui Lim

We empirically examine the innovation consequences of organizational knowledge brokering, the ability to effectively apply knowledge from one technical domain to innovate in another. We investigate how organizational innovation outcomes vary by founders’ initial mode of venture ideation. We then compare how firms started with knowledge brokering-based ideation differ in their methods of sustaining ongoing knowledge brokering capacity as compared to firms not started in such a manner. We do so by tracking all the start-up biotechnology firms founded to commercialize the then-emergent recombinant DNA technology (the sample of initial knowledge brokers) together with a contemporaneously founded sample of biotechnology …

Critical Success Factors Of Technological Innovation And Diffusion In Higher Education, Wayne Dennison Ph.D.

Wayne Dennison

This case study surveyed faculty members and information technology (IT) leaders within the State System of Higher Education (SSHE) and at Southern Regional State University (SRSU) to examine their perceptions of technological innovation, adoption, and diffusion in higher education. The data gathered identified seventeen critical success factors affecting technological innovation, adoption, and diffusion and was used to evaluate how the perceptions faculty compared to those of IT leaders within a single university setting. Examining and comparing the perceptions of these two groups regarding critical success factors for innovation, adoption, and diffusion of technology provided insight into elements influencing technological innovation …

Open Source Software To Teach Technology Entrepreneurship Concepts And Practices, Maurice E. Dawson Jr., Jorja Wright, Jonathan Abramson

Maurice Dawson

Open source software (OSS) in academia can have multiple types of implementations and positive returns. This paper explores the use of OSS as a method to teach entrepreneurship concepts and practices to Science, Technology, Engineering, and Mathematics (STEM) majors. OSS allows for individuals to contribute and provide support services for applications. This will allow students to gain expertise in low level design, software project management, and software consulting services in order to successfully deploy their own spin off company. Covered in this submission will be examples of how the Linux software project development groups, mobile application development, video game design, …

The Hogan Entrepreneurial Leadership Program: An Innovative Model Of Entrepreneurship Education, Paul F. Buller, Todd A. Finkle

Todd A Finkle

A Critical Examination Of Food Technology, Innovation And Teacher Education : A Technacy Genre Theory Perspective, Angela Frances Turner

Dr Angela Turner

There are many and varied forces that shape food technology curriculum, but two that emerge as significant and of specific interest to this research are the perceptions of food technology education and economic trends that influence food technology. The broad goal was to examine the extent to which food technology in secondary schooling is well placed to meet emerging policy and economic demand for food innovation expertise in the industry. With both the school sector and the professional sector each asserting that their respective perceptions of Food Technology was correct, a method for clarifying and classifying the nature of the …

Ready, Set...Pitch: Marketing Yourself Like An Entrepreneur, Connie I. Reimers-Hild

Connie I Reimers-Hild, PhD, CPC

Great elevator pitches are created to sell your idea, business, product or service in 30 seconds or less (the time it takes to go from the first floor to the top of the building in an elevator). It’s important to develop and practice an effective pitch so you are ready to use it under fire. When you step onto an elevator with Warren Buffett or Bill Gates, you want to be prepared! This worksheet will help you create an amazing pitch!!

The Freedom To Create Your Destiny, Connie I. Reimers-Hild

Connie I Reimers-Hild, PhD, CPC

We have a unique gift in the United States, and that gift is freedom. The Declaration of Independence guarantees all of us “certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.”

This means we are free to pursue our lives and our vocations in any way that makes sense to us. Freedom is what makes America so great. What we do with our freedom is up to us. It is our choice. Freedom is our grandest opportunity and should be protected, especially in challenging times.

This radio update presents discusses the importance of freedom.

Coaching Leaders: Co-Creating Purpose Based Innovation, Connie I. Reimers-Hild

Connie I Reimers-Hild, PhD, CPC

Innovation always begins with people, and leading innovation at the individual and organizational levels can be a tricky process. This presentation focuses on Dr. Connie's Inner-Leader Coaching Ecosystem and the positive impact it has had in three different cases.

Sustainability Through Profitability: The Triple Bottom Line, Connie I. Reimers-Hild

Connie I Reimers-Hild, PhD, CPC

Today’s highly competitive, globalized world requires organizations and businesses to think differently about how they are going to stay in business. Businesses can no longer afford to focus on profits as their sole purpose for existence. Organizations must instead think about the “Triple Bottom Line” and its implications for their ability to grow their brand, customer loyalty and profits.

Ready, Set...Pitch: Marketing Yourself With A High Five For The Nta Promarks Spring Meeting, Connie Reimers-Hild

Connie I Reimers-Hild, PhD, CPC

A workshop presented at the NTA Promarks Spring Meeting designed to help them develop their elevator pitches using Dr. Connie's High 5 Elevator Pitch method

Leading Innovation: Creating A Culture Of Sustainability For Communities, Connie I. Reimers-Hild

Connie I Reimers-Hild, PhD, CPC

Innovation is as essential to communities as it is to businesses and other organizations. This innovation workshop focused on core elements of leading innovation in communities.

Rudolph The Red-Nosed Reindeer And A Four-Year-Old: Lessons For Leadership & Life, Connie Reimers-Hild

Connie I Reimers-Hild, PhD, CPC

Last week while I was in the shower, my four-year-old daughter, Raquel, walked into the bathroom and asked me an interesting question. “Mom, why doesn’t anyone like Rudolph’s shiny red nose?” My daughter was supposed to be in bed sleeping. I am 99% sure she was lying in bed reflecting on her day.

Many nights I have quietly checked on her before going to bed myself only to find her talking to herself while she makes vivid hand gestures and motions. On this particular evening, her talk and gestures must have focused on Rudolph the Red-Nosed Reindeer. After thinking about …

Six Questions For Entrepreneurial Leadership And Innovation In Distance Education, Connie Reimers-Hild, James King

Connie I Reimers-Hild, PhD, CPC

Institutions offering distance education courses and programs may benefit by encouraging administrators, faculty, staff and students to be more entrepreneurial. Organizational cultures designed to support this type of environment are characterized by entrepreneurial leadership, innovation and change. This article provides information on how distance education institutions can incorporate entrepreneurial leadership and innovation into their organizations. Six questions for administrators of distance education to consider are presented in an effort to provoke discussion and thought on the importance of incorporating entrepreneurial leadership and innovation throughout distance education organizations.

Innovation Begins With People: Leading With A New Lens, Connie I. Reimers-Hild

Connie I Reimers-Hild, PhD, CPC

Innovation Begins with People: Leading with a New Lens will focus on developing innovation strategies for communities. Topics covered include leadership, creativity, innovation, teamwork, trends, challenges and opportunities.

Entrepreneurial Leadership And Teamwork: The Key To Innovation In The 21st Century, Connie I. Reimers-Hild, Susan N. Williams

Connie I Reimers-Hild, PhD, CPC

Entrepreneurial leadership and continuous innovation are vital components of 21st century communities and organizations. Entrepreneurial leaders must realize the importance of environmental, social and global issues while creating an atmosphere of innovation designed to help followers become more entrepreneurial themselves. Entrepreneurial individuals and teams have the ability to recognize and capitalize on opportunities, innovate, take risks, adapt to rapid change and marshal resources to achieve their goals. When individuals come together as an effective team, they can produce a synergy to meet the demands of a rapidly changing and competitive work environment. Therefore, entrepreneurial leaders must develop entrepreneurial individuals and …

An Entrepreneurial Approach To Career Development, Connie I. Reimers-Hild

Connie I Reimers-Hild, PhD, CPC

This article explains how people can use an entrepreneurial approach to career development in and effort to advance their careers and employment opportunities.

What's Your Pitch? Explain Your Business In 30 Seconds (Or Less)!, Connie I. Reimers-Hild

Connie I Reimers-Hild, PhD, CPC

This keynote presentation was designed to help entrepreneurs, small business owners and community leaders use the "High 5" Elevator Pitch developed by Connie Reimers-Hild, Ph.D. (creimers2@unl.edu) to better sell themselves, their businesses and communities.

Leadership And Innovation Program, Connie Reimers-Hild

Connie I Reimers-Hild, PhD, CPC

No abstract provided.

Coaching For Personal Innovation: The Role Of Intuition, Connie I. Reimers-Hild

Connie I Reimers-Hild, PhD, CPC

Innovation has become essential to survival and success in the 21st Century. Globalization combined with the rapid rate of change and explosive population growth have created a need for entrepreneurial activity, both inside and outside of new venture creation, that leads to continuous innovation while considering social and environmental impacts. Entrepreneurs are needed to establish new ventures and to employ others while developing new products, services and solutions. Entrepreneurial individuals, who may or may not start a business, are needed because they are innovators who behave or act in a proactive manner and move organizations forward. Many different structures, policies …