Innovative R&D and optimal investment under uncertainty in high-tech industries: An implication for emerging economies

In order to continue on the path to convergence with advanced countries, emerging countries need to strengthen their research capabilities. Often they try to do this through the development of strategic industries. The objective of this paper is to contribute to the debate on the effectiveness of policies aimed at the development of strategic industries in emerging economies. The paper develops a three-phase model for product innovation with capital investment under uncertainty to study the investment decisions of a manufacturer in an industry facing a volatile market demand for new inventions. The findings demonstrate the importance of interactions between market structure, a firm's market power and the associated cost of adjustment. The paper draws out implications for emerging economies with regard to policies striving to develop strategic industries in sectors such as semiconductors and information technology.     

The evolving relations between government agencies of innovation policymaking in emerging economies: A policy network approach and its application to the Chinese case

Literature on innovation policy reveals little of how relations between government agencies as policymakers evolve. Taking the policy network approach, this paper investigates three mechanisms underlining the evolution of inter-government agency relations in emerging economies – policy agenda, power concentration and heterogeneity dependence, and applies them to the analysis of the evolution of innovation policymaking in China. Operationally, the paper proposes a social network analysis (SNA)-based method to quantitatively study China’s innovation policy network, which consists of 463 innovation policy documents formulated by its central government ministries between 1980 and 2011. The findings show that the formal policy network for innovation has been not only sustained through the intervention of policy agendas but also self-organized because of policy network’s nature of power concentration and heterogeneity dependence. The presence of such mixed mechanisms in China’s innovation policy network’s evolution differs from the findings from industrialized countries where self-organization plays a central role. This work advances our theoretical understanding of the evolution of innovation policy network and has implications for innovation policymaking in emerging economies.     

A case analysis of Savecom: The role of indigenous leadership in implementing a business intelligence system

Evidence suggests that some factors can determine the successful implementation of strategic IT systems, i.e. Business Intelligence (BI). Although BI systems can provide companies with insights into their business operations they are painstakingly difficult to implement. Most frequently, employee resistance and change management related issues have been identified as the main causes of system implementation failure. This is particularly true for Chinese firms, where cultural nuances such as personalism and particularism serve as powerful barriers to ‘intelligence’ sharing. In this case study, we report how Chinese CEOs can overpower these restraining forces to facilitate implementation success. Preliminary evidence from our case firm suggests that a strong, committed and adaptive leadership style provides a basis for effective BI exploitation. Further, we also identify some strategic and tactical actions that Chinese CEOs can use to foster a knowledge sharing culture that is conducive to BI systems implementation.     

Free-form searching via web sites: Content and moving observed in the context of personal development

This empirical article focuses on information seeking—related to personal development—via World Wide Web sites. In order to obtain detailed and valid data, free-form Web searches by 15 individuals were observed and videotaped. The 687 sites visited by the informants, along with their actions therein, were examined and coded. The study explores the entity focus and origin of the viewed WWW sites, as well as the tactics of moving within and between sites. Correlations between the variables are also analysed. One of the most interesting findings was that personal resources—documents within the user’s computer—are a part of the Internet, too, when they are connected to it. This observation highlights the potential importance of researching the ways in which internal and external search for information differs, and what roles local resources have.     

Knowledge management in the age of cloud computing and Web 2.0: Experiencing the power of disruptive innovations

Organizations, of all types, live in an increasingly dynamic world. Much of this dynamism is generated by developments or innovations in technology, especially information and communication technology (ICT). Some organizations take advantage of this dynamism and create new products and business models and thrive. Others ignore it or take a long time trying to adapt to it and struggle, often with negative consequences. Some of these innovations, to use the terminology of Christensen, are of a “disruptive” nature such as the telephone, the Web and recently cloud computing. This paper explores the innovation phenomenon of cloud computing and Web 2.0 and specifically examines their impact on organizational knowledge.