Modern innovation challenges to firms and cities: The case of Portugal

Silvia Fernandes, Marisa Cesário, Guilherme Castela

Abstract


Modern competition is tough due to emergent information systems and technologies. Managers must cope with these challenges continuously to keep their businesses sustainable. An important step is to employ strategies based on open innovation. This work analyses where Portugal stands in terms of innovation in general, propensity for open innovation and innovation sustainability. An HJ-Biplot methodology was applied to a valid sample from CIS 2012 (Community Innovation Survey). It suggests that Portuguese firms must cut back on activities that are not leading to the outcomes needed. Also, with the right partners they can have more ideas executed and diffused.

Keywords


innovation accelerators, open innovation, innovation return, customer-driven, competitor-driven, HJ-Biplot

Full Text:

PDF

References


Acquisti, A., Chaminade, C. and Roberts, H. (2002), “Social capital as a mechanism: Connecting knowledge within and across firms”, proceedings of the 3rd European Conference on Organizational Knowledge, Learning and Capabilities, Athens, Greece.

Chesbrough, H. (2003a), “The era of open innovation”, MIT Sloan Management Review, Vol. 44 No. 3, pp. 35-41. doi: 10.12691/jfe-2-5-9.

Chesbrough, H. (2003b), Open Innovation: The New Imperative for Creating and Profiting from Technology, Harvard School Press, Boston, USA.

Chesbrough, H., Vanhaverbeke, W. and West, J. (2006), Open Innovation: Researching a New Paradigm, Oxford University Press, London, UK.

Christiansen, J. (2009), “Copying y combinator: A framework for developing seed accelerator programmes”, University of Cambridge, Boston, USA.

Cohen, W. and Levinthal, D. (1990), “Absorptive capacity: A new perspective on learning and innovation”, Administrative Science Quarterly, Vol. 35, pp. 128-152. doi: 10.2307/2393553.

Dalakian, G. (2013), “90% of tech startups fail”, available at: http://www.wamda.com/2013/02/90-percent-of-tech-startups-fail-infographic (accessed 12 January 2017).

DGEEC (2014), “CIS 2012 - community innovation survey”, available at: http://www.dgeec.mec.pt/np4/207/ (accessed 11 October 2016).

Du Preez, N., Louw, L. and Essmann, H. (2006), “An innovation process model for improving innovation capability”, Journal of High Technology Management Research, pp. 1-24.

Faria, R. (2013), “Startups representam 6,5% do tecido empresarial em Portugal”, available at:http://www.jornaldenegocios.pt/empresas/detalhe/startups_representam_65_do_tecido_empresarial_em_portugal.html (accessed 2 January 2017).

Galindo, M. (1986), “Una alternativa de representación simultánea: HJ-BIPLOT”, Qüestiió, Vol. 10, pp. 13-23.

Hassanalieragh, M., Page, A., Soyata, T., Sharma, G., Aktas, M., Mateos, G., Kantarci, B. and Andreescu, S. (2015), “Health monitoring and management using internet-of-things (IoT) sensing with cloud-based processing: Opportunities and challenges”, proceedings of the 12th IEEE international conference on services computing, New York, USA.

IPACSO (2014), “The evolution of innovation framework models”, available at: http://ipacso.eu/innovation-modelling/innovation-model-analysis/187-the-evolution-of-innovation-framework-models.html (accessed 12 January 2017).

Jansen, J., Simsek, Z. and Cao, Q. (2012), “Ambidexterity and performance in multiunit contexts: Cross-level moderating effects of structural and resource attributes”, Strategic Management Journal, Vol. 3 No. 11, pp. 1286-1303.

Kastelle, T. (2012), “Procter & Gamble - using open innovation to become a world class innovator”, available at: http://timkastelle.org/blog/2012/05/procter-gamble-using-open-innovation-to-become-a-world-class-innovator/ (accessed 2 February 2017).

Laursen, K. and Salter, A. (2006), “Open for innovation: The role of openness in explaining innovation performance among UK manufacturing firms”, Strategic Management Journal, Vol. 27 No. 2, pp. 131-150. doi: 10.1002/smj.507.

Leonard-Barton, D. (1995), Wellsprings of Knowledge: Building and Sustaining the Sources of Innovation, Harvard Business Press, Boston, USA.

Miller, P. and Bound, K. (2011), “The startup factories”, available at: http://www.nesta.org.uk/publications/startup-factories (accessed 2 February 2017).

Niewolny, D. (2013), “How the internet of things is revolutionizing healthcare”, available at: https://cache.freescale.com/files/corporate/doc/white_paper/IOTREVHEALCARWP.pdf (accessed 15 January 2017).

Oakey, R. (2007), “Clustering and the R&D management of high-technology small firms: In theory and practice”, R&D Management, Vol. 37 No. 3, pp. 237-248. doi: 10.1111/j.1467-9310.2007.00472.x.

Pellinen, K. (2014), “The interplay of entrepreneurial and network activities in the entrepreneurial process: A relational analysis”, International Journal of Entrepreneurship and Innovation, Vol. 15 No. 1, pp. 17-28. doi: 10.5367/ijei.2014.0137.

Powell, W., Koput, K. and Smith-Doerr, L. (1996), “Interorganizational collaboration and the locus of innovation: Networks of learning in biotechnology”, Administrative Science Quarterly, Vol. 41 No.1, pp. 116-145. doi: 10.2307/2393988.

Sá, C. and Lee, H. (2012), “Science, business, and innovation: Understanding networks in technology-based incubators”, R&D Management, Vol. 42 No. 3, pp. 243-253.

Sarkar, S. (2014), Entrepreneurship and Innovation, Escolar Editora, Lisboa, Portugal.

Schmitt, A., Probst. G. and Tushman, M. (2010), “Management in times of economic crisis: Insights into organizational ambidexterity”, Management, Vol. 13 No. 3, pp. 128-150. doi: 10.3917/mana.133.0128.

Schreuders, J. and Legesse, A. (2012), “Organizational ambidexterity: How small technology firms balance innovation and support”, Technology Innovation Management Review, Vol. 2 No. 2, pp. 17-21. doi: 10.22215/timreview/522.

Shan, W., Walker, G. and Koput, B. (1994), “Interfirm cooperation and startup innovation in the biotechnology industry”, Strategic Management Journal, Vol. 15 No. 5, pp. 387-394.

Shea, S. (2016), “Building a smart city: It takes a village”, available at: http://internetofthingsagenda.techtarget.com/news/450404467/Building-a-smart-city-It-takes-a-village?utm_medium=EM&asrc=EM_NLS_69587037&utm_campaign=20161213_Feel%20the%20love,%20smart%20cities&utm_source=NLS&track=NL-1843&ad=911641&src=911641 (accessed 14 February 2017).

Slocum, M. (2004), “Ambidextrous innovation”, available at: https://triz-journal.com/innovation-theories-strategies/innovation-general/ambidextrous-innovation/ (accessed 15 January 2017).

Tyagi, S., Agarwal, A. and Maheshwari, P. (2016), “A conceptual framework for IoT-based healthcare system using cloud computing”, proceedings of the 6th international conference on cloud system and big data engineering, Noida, India.

Veugelers, R. (1997), “Internal R&D expenditures and external technology sourcing”, Research Policy, Vol. 26 No. 3, pp. 303-315. doi: 10.1016/S0048-7333(97)00019-X.






Copyright (c) 2018 Journal of Technology Management & Innovation

Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.

2018 © Universidad Alberto Hurtado - Facultad de Economía y Negocios. 
Erasmo Escala 1835 - Santiago, Chile.
Economic Analysis Review | Observatorio Económico | Gestión y Tendencias 

Journal Supported by