Flexibility and Stability in the Innovating Economy

Flexibility and Stability in the Innovating Economy

Author: Maureen McKelvey

Publisher: OUP Oxford

Published: 2006-04-27

Total Pages: 320

ISBN-13: 0191537365

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Interactions between business, technological, public policy, and organization processes are changing the way modern economies work. In this book the concept of 'change' is problematized in terms of flexibility and stability across these processes, examining the central issues of industrial dynamics, structural change, and transformation. It adopts a perspective of the economy that sees it as an inherently dynamic and complex system, consisting of diverse components and activities, which interact and change in different ways over time. This means placing an emphasis not only on economic transformation, but also on the diverse actors in this transformation who are deciding, doing, and acting in ways which affect the outcomes of this change. Chapters are grouped within three themes, which readers will find are core to the fields of innovation studies, industrial dynamics, and evolutionary economics: Experimenting and Inertia; Evolution and Adaptation of Structure; and Innovating and Technological Transformation.


Book Synopsis Flexibility and Stability in the Innovating Economy by : Maureen McKelvey

Download or read book Flexibility and Stability in the Innovating Economy written by Maureen McKelvey and published by OUP Oxford. This book was released on 2006-04-27 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: Interactions between business, technological, public policy, and organization processes are changing the way modern economies work. In this book the concept of 'change' is problematized in terms of flexibility and stability across these processes, examining the central issues of industrial dynamics, structural change, and transformation. It adopts a perspective of the economy that sees it as an inherently dynamic and complex system, consisting of diverse components and activities, which interact and change in different ways over time. This means placing an emphasis not only on economic transformation, but also on the diverse actors in this transformation who are deciding, doing, and acting in ways which affect the outcomes of this change. Chapters are grouped within three themes, which readers will find are core to the fields of innovation studies, industrial dynamics, and evolutionary economics: Experimenting and Inertia; Evolution and Adaptation of Structure; and Innovating and Technological Transformation.

Managing Flexibility

Managing Flexibility

Author: Sushil

Publisher: Springer

Published: 2015-07-16

Total Pages: 338

ISBN-13: 8132223802

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This edited book provides a conceptual framework of managing flexibility in the areas of people, process, technology and business supported by researches/case applications in various types of flexibilities in business. The book is organized into following five parts: (i) Managing Flexibility; (ii) People Flexibility; (iii) Process Flexibility; (iv) Flexibility in Technology and Innovation Management; and (v) Business Flexibility. Managing flexibility at the level of people, process, technology and business encompasses the requirements of both choice and speed. The need for managing flexibility is growing to cope with the developments and challenges in the global business environment. This can be seen from reactive as well as proactive perspectives. Flexibility is a major dimension of business excellence and deals with a paradoxical view point such as stability and dynamism, continuity and change, centralization and decentralization, and so on. It needs to be managed at the levels of people, process, technology and various business functions and it is important to create flexibility at the level of people to create and manage flexibility in processes and technologies in order to support flexible business requirements.


Book Synopsis Managing Flexibility by : Sushil

Download or read book Managing Flexibility written by Sushil and published by Springer. This book was released on 2015-07-16 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edited book provides a conceptual framework of managing flexibility in the areas of people, process, technology and business supported by researches/case applications in various types of flexibilities in business. The book is organized into following five parts: (i) Managing Flexibility; (ii) People Flexibility; (iii) Process Flexibility; (iv) Flexibility in Technology and Innovation Management; and (v) Business Flexibility. Managing flexibility at the level of people, process, technology and business encompasses the requirements of both choice and speed. The need for managing flexibility is growing to cope with the developments and challenges in the global business environment. This can be seen from reactive as well as proactive perspectives. Flexibility is a major dimension of business excellence and deals with a paradoxical view point such as stability and dynamism, continuity and change, centralization and decentralization, and so on. It needs to be managed at the levels of people, process, technology and various business functions and it is important to create flexibility at the level of people to create and manage flexibility in processes and technologies in order to support flexible business requirements.

Super-Flexibility for Knowledge Enterprises

Super-Flexibility for Knowledge Enterprises

Author: Homa Bahrami

Publisher: Springer

Published: 2014-07-26

Total Pages: 218

ISBN-13: 3642024475

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strategy, but we also focus on execution. We talk about organizational design, and also refect on leadership practices. Our assumption is that in a dynamic world, leaders at all levels, have to constantly switch gears, wear different hats, and na- gate at different altitudes. They have to think about the “total” enterprise, not in terms of compartmentalized silos or felds of functional expertise. Much like a g- eral contractor, they have to draw on specialized expertise, as and when needed, yet keep the big picture in mind. Our hope is that our diagnostic tools can help teams develop a shared frame of reference and generate cross-functional dialogue. The third driving force behind this second edition is the gradual convergence between the worlds of entrepreneurial start-ups and challenges facing established corporations. Innovation, agility, and initiative are no longer the exclusive preserve of start-ups. Established companies are looking for ways to re-invent themselves, to innovate, to think creatively, and to make their enterprises more fexible, agile and entrepreneurial. We have had the good fortune to sit at the intersection of these two worlds. We hope our ideas can beneft both groups. We set out to provide a “buffet table”, a menu of options that can be helpful for the two ends of the spectrum.


Book Synopsis Super-Flexibility for Knowledge Enterprises by : Homa Bahrami

Download or read book Super-Flexibility for Knowledge Enterprises written by Homa Bahrami and published by Springer. This book was released on 2014-07-26 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: strategy, but we also focus on execution. We talk about organizational design, and also refect on leadership practices. Our assumption is that in a dynamic world, leaders at all levels, have to constantly switch gears, wear different hats, and na- gate at different altitudes. They have to think about the “total” enterprise, not in terms of compartmentalized silos or felds of functional expertise. Much like a g- eral contractor, they have to draw on specialized expertise, as and when needed, yet keep the big picture in mind. Our hope is that our diagnostic tools can help teams develop a shared frame of reference and generate cross-functional dialogue. The third driving force behind this second edition is the gradual convergence between the worlds of entrepreneurial start-ups and challenges facing established corporations. Innovation, agility, and initiative are no longer the exclusive preserve of start-ups. Established companies are looking for ways to re-invent themselves, to innovate, to think creatively, and to make their enterprises more fexible, agile and entrepreneurial. We have had the good fortune to sit at the intersection of these two worlds. We hope our ideas can beneft both groups. We set out to provide a “buffet table”, a menu of options that can be helpful for the two ends of the spectrum.

Robot Ethics and the Innovation Economy

Robot Ethics and the Innovation Economy

Author: Jon-Arild Johannessen

Publisher: Routledge

Published: 2021-06-16

Total Pages: 203

ISBN-13: 1000398595

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This book provides an authoritative resource on the topic of intelligent robots, artificial intelligence and the ethical implications of these revolutionary innovations. It examines the moral and ethical problems that arise in relation to the development, design and use of intelligent robots, which are capable of autonomous or semi-autonomous decision-making. These problems might relate, for example, to medical robots, driverless cars, intelligent military drones, pedagogical robots, police robots, legal robots and many others. The main question addressed in this book is how we can understand, explain and apply the concept of ethics in relation to intelligent robots and artificial intelligence. In each chapter, the author examines a different aspect of this question. The author also questions how we can ensure that intelligent robots are of service to humans and under what conditions intelligent robots could become more ethical than humans. The book employs an original approach to examining this cutting-edge research question, combining different research areas, and offers a wealth of practical relevance and real-world examples, illustrated through vivid case studies. With its jargon free approach and a dedicated chapter on relevant concepts at the end, this book is also accessible to readers without prior knowledge on intelligent robots and the Fourth Industrial Revolution. By providing a general account of this debate, and of the consequences of the innovations resulting from these trends, the book serves as an important contribution to the discussion and will find a natural readership among scholars and students of the innovation economy and those concerned with the ethical considerations arising in the wake of the Fourth Industrial Revolution


Book Synopsis Robot Ethics and the Innovation Economy by : Jon-Arild Johannessen

Download or read book Robot Ethics and the Innovation Economy written by Jon-Arild Johannessen and published by Routledge. This book was released on 2021-06-16 with total page 203 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an authoritative resource on the topic of intelligent robots, artificial intelligence and the ethical implications of these revolutionary innovations. It examines the moral and ethical problems that arise in relation to the development, design and use of intelligent robots, which are capable of autonomous or semi-autonomous decision-making. These problems might relate, for example, to medical robots, driverless cars, intelligent military drones, pedagogical robots, police robots, legal robots and many others. The main question addressed in this book is how we can understand, explain and apply the concept of ethics in relation to intelligent robots and artificial intelligence. In each chapter, the author examines a different aspect of this question. The author also questions how we can ensure that intelligent robots are of service to humans and under what conditions intelligent robots could become more ethical than humans. The book employs an original approach to examining this cutting-edge research question, combining different research areas, and offers a wealth of practical relevance and real-world examples, illustrated through vivid case studies. With its jargon free approach and a dedicated chapter on relevant concepts at the end, this book is also accessible to readers without prior knowledge on intelligent robots and the Fourth Industrial Revolution. By providing a general account of this debate, and of the consequences of the innovations resulting from these trends, the book serves as an important contribution to the discussion and will find a natural readership among scholars and students of the innovation economy and those concerned with the ethical considerations arising in the wake of the Fourth Industrial Revolution

Leadership and Organization in the Innovation Economy

Leadership and Organization in the Innovation Economy

Author: Jon-Arild Johannessen

Publisher: Emerald Group Publishing

Published: 2019-07-11

Total Pages: 138

ISBN-13: 1789738598

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Since the 1980s, society has undergone enormous change. And yet management styles have stayed the same, not adapting to the change in focus from efficiency and productivity, to creativity and innovation. Here, leading innovation expert Jon-Arild Johannessen offers a replacement to traditional goal-driven management and New Public Management (NPM).


Book Synopsis Leadership and Organization in the Innovation Economy by : Jon-Arild Johannessen

Download or read book Leadership and Organization in the Innovation Economy written by Jon-Arild Johannessen and published by Emerald Group Publishing. This book was released on 2019-07-11 with total page 138 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the 1980s, society has undergone enormous change. And yet management styles have stayed the same, not adapting to the change in focus from efficiency and productivity, to creativity and innovation. Here, leading innovation expert Jon-Arild Johannessen offers a replacement to traditional goal-driven management and New Public Management (NPM).

Strategic Management in the Innovation Economy

Strategic Management in the Innovation Economy

Author: Thomas H. Davenport

Publisher: John Wiley & Sons

Published: 2007-06-27

Total Pages: 441

ISBN-13: 3895786039

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Innovative ruptures of traditional boundaries in value chains are requiring companies to rethink how they go to market, what they need to own, what they need to retain and innovate as core competencies, and how they innovatively deal with suppliers and customers. The key message of the book is that the new knowledge-networked innovation economy requires a totally different strategic management mindset, approach and toolbox, and its major value-added is a new strategic management approach and toolbox for the innovation economy - a poised strategy approach. Designed for both managers and advanced business students, the book provides a unique combination of new management theory, selected managerial articles by prominent scholars such as Clayton Christensen, Henry Chesbrough, Sumantra Ghoshal, Quinn Mills, and Peter Senge, and a wide array of real-world case examples including GE, Shell, IBM, HP, BRL Hardy, P&G, Southwest Airlines and McGraw-Hill, within the dynamics of industries such as airlines, energy, telecommunications, wine & beverages, and computing. The authors illustrate powerful new strategic innovation concepts and tools, such as poised strategy for managing multiple business models, poised strategy scorecards (moving beyond the well-known balanced scorecard), the wheel of business model reinvention, and organizational rejuvenation methods. The book includes the concepts of: Poised Strategic Management, Organizational Rejuvenation, Business Models as Platform for Strategy, Poised Scorecards, Identifying Sources of Innovation in Business Ecosystems.


Book Synopsis Strategic Management in the Innovation Economy by : Thomas H. Davenport

Download or read book Strategic Management in the Innovation Economy written by Thomas H. Davenport and published by John Wiley & Sons. This book was released on 2007-06-27 with total page 441 pages. Available in PDF, EPUB and Kindle. Book excerpt: Innovative ruptures of traditional boundaries in value chains are requiring companies to rethink how they go to market, what they need to own, what they need to retain and innovate as core competencies, and how they innovatively deal with suppliers and customers. The key message of the book is that the new knowledge-networked innovation economy requires a totally different strategic management mindset, approach and toolbox, and its major value-added is a new strategic management approach and toolbox for the innovation economy - a poised strategy approach. Designed for both managers and advanced business students, the book provides a unique combination of new management theory, selected managerial articles by prominent scholars such as Clayton Christensen, Henry Chesbrough, Sumantra Ghoshal, Quinn Mills, and Peter Senge, and a wide array of real-world case examples including GE, Shell, IBM, HP, BRL Hardy, P&G, Southwest Airlines and McGraw-Hill, within the dynamics of industries such as airlines, energy, telecommunications, wine & beverages, and computing. The authors illustrate powerful new strategic innovation concepts and tools, such as poised strategy for managing multiple business models, poised strategy scorecards (moving beyond the well-known balanced scorecard), the wheel of business model reinvention, and organizational rejuvenation methods. The book includes the concepts of: Poised Strategic Management, Organizational Rejuvenation, Business Models as Platform for Strategy, Poised Scorecards, Identifying Sources of Innovation in Business Ecosystems.

A Systemic Approach to Continuous Change in the Innovation Economy

A Systemic Approach to Continuous Change in the Innovation Economy

Author: Jon-Arild Johannessen

Publisher: Routledge

Published: 2022-04-19

Total Pages: 135

ISBN-13: 100057122X

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Unpredictable and unforeseen, or black swan, events are occurring increasingly often, one such recent example is the coronavirus crisis of 2020. The Fourth Industrial Revolution, with its growing use of artificial intelligence, intelligent robots, intelligent informats and intelligent algorithms, may help us to confront these incidents but only if we can avoid the sector optimization logic of some forms of economic thinking. This book offers a multi-faceted presentation of the application of systemic thinking in non-standard situations, especially those created by the fourth industrial revolution. It develops models and mini theories to promote systemic thinking at a time when cascades of innovations are entering the economy, while at the same time black swan events are occurring and disrupting social systems. It takes a critical look at how organizations and social systems have chosen to organize themselves to develop systems that prioritize high performance, by focusing on cost-cutting and maximizing profits, instead of on preparedness elasticity and resource slack. The consequences of this kind of organizational streamlining becomes evident only when the ‘black swans’ loom. The author discusses how individuals and society can develop the resilience needed to deal with these incidents. He asserts that there are three central social mechanisms that can help us understand how social systems work and how they are interconnected: time-lag, threshold value, and feedback. These three concepts can help us to understand how changes occur in non-linear systems; for instance, how small changes at the micro level can lead to large changes at the macro level. This book will be of interest to researchers, academics and students in the fields of economics, finance, business and industry.


Book Synopsis A Systemic Approach to Continuous Change in the Innovation Economy by : Jon-Arild Johannessen

Download or read book A Systemic Approach to Continuous Change in the Innovation Economy written by Jon-Arild Johannessen and published by Routledge. This book was released on 2022-04-19 with total page 135 pages. Available in PDF, EPUB and Kindle. Book excerpt: Unpredictable and unforeseen, or black swan, events are occurring increasingly often, one such recent example is the coronavirus crisis of 2020. The Fourth Industrial Revolution, with its growing use of artificial intelligence, intelligent robots, intelligent informats and intelligent algorithms, may help us to confront these incidents but only if we can avoid the sector optimization logic of some forms of economic thinking. This book offers a multi-faceted presentation of the application of systemic thinking in non-standard situations, especially those created by the fourth industrial revolution. It develops models and mini theories to promote systemic thinking at a time when cascades of innovations are entering the economy, while at the same time black swan events are occurring and disrupting social systems. It takes a critical look at how organizations and social systems have chosen to organize themselves to develop systems that prioritize high performance, by focusing on cost-cutting and maximizing profits, instead of on preparedness elasticity and resource slack. The consequences of this kind of organizational streamlining becomes evident only when the ‘black swans’ loom. The author discusses how individuals and society can develop the resilience needed to deal with these incidents. He asserts that there are three central social mechanisms that can help us understand how social systems work and how they are interconnected: time-lag, threshold value, and feedback. These three concepts can help us to understand how changes occur in non-linear systems; for instance, how small changes at the micro level can lead to large changes at the macro level. This book will be of interest to researchers, academics and students in the fields of economics, finance, business and industry.

Flexible Strategies in VUCA Markets

Flexible Strategies in VUCA Markets

Author: Sanjay Dhir

Publisher: Springer

Published: 2018-06-09

Total Pages: 273

ISBN-13: 9811089264

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This book discusses the concepts of volatility, uncertainty, complexity, and ambiguity (VUCA) that are the core of various paradigms used in strategic management to understand competitive advantage as well as flexibility in organizational boundaries. It serves as a valuable reference resource in the area of VUCA markets. An increase in the levels and types of uncertainty has important implications potentially for the durability of a company’s advantages, the way firms learn and adapt, approaches for managing innovation and knowledge, and the attractiveness of different strategies and organizational models. In today’s world, strategic flexibility in VUCA is essential for business leaders to sustain market advantage and attain a clear vision amid the chaos. Business leaders who stay focused and are aware of external volatility as the prevalent characteristic are successful, while those who are not flexible in this VUCA world and lock themselves into fixed positions lose out. The book includes empirical and conceptual research papers along with case studies and models discussing strategies for emerging markets in volatile and uncertain environments. It also covers a variety of issues, including innovation, people and processes, financial management, and leadership and strategies in VUCA markets. Apart from research fraternity and academia, the contents of the book will be useful for practitioners as well as industry watchers.


Book Synopsis Flexible Strategies in VUCA Markets by : Sanjay Dhir

Download or read book Flexible Strategies in VUCA Markets written by Sanjay Dhir and published by Springer. This book was released on 2018-06-09 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book discusses the concepts of volatility, uncertainty, complexity, and ambiguity (VUCA) that are the core of various paradigms used in strategic management to understand competitive advantage as well as flexibility in organizational boundaries. It serves as a valuable reference resource in the area of VUCA markets. An increase in the levels and types of uncertainty has important implications potentially for the durability of a company’s advantages, the way firms learn and adapt, approaches for managing innovation and knowledge, and the attractiveness of different strategies and organizational models. In today’s world, strategic flexibility in VUCA is essential for business leaders to sustain market advantage and attain a clear vision amid the chaos. Business leaders who stay focused and are aware of external volatility as the prevalent characteristic are successful, while those who are not flexible in this VUCA world and lock themselves into fixed positions lose out. The book includes empirical and conceptual research papers along with case studies and models discussing strategies for emerging markets in volatile and uncertain environments. It also covers a variety of issues, including innovation, people and processes, financial management, and leadership and strategies in VUCA markets. Apart from research fraternity and academia, the contents of the book will be useful for practitioners as well as industry watchers.

Flexibility and Stability in Working Life

Flexibility and Stability in Working Life

Author: B. Furaker

Publisher: Springer

Published: 2007-03-14

Total Pages: 239

ISBN-13: 0230235387

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Flexibility is an ambiguous concept. This book contributes to expounding the importance of clearer concepts in the debates on economic systems, labour markets and work organization. The authors place 'flexibility' in a new theoretical context as juxtaposed to 'stability'. Much terminological confusion and is resolved by this suggestion.


Book Synopsis Flexibility and Stability in Working Life by : B. Furaker

Download or read book Flexibility and Stability in Working Life written by B. Furaker and published by Springer. This book was released on 2007-03-14 with total page 239 pages. Available in PDF, EPUB and Kindle. Book excerpt: Flexibility is an ambiguous concept. This book contributes to expounding the importance of clearer concepts in the debates on economic systems, labour markets and work organization. The authors place 'flexibility' in a new theoretical context as juxtaposed to 'stability'. Much terminological confusion and is resolved by this suggestion.

The Economic Dynamics of Modern Biotechnology

The Economic Dynamics of Modern Biotechnology

Author: Maureen D. McKelvey

Publisher: Edward Elgar Publishing

Published: 2004-01-01

Total Pages: 438

ISBN-13: 9781845420611

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'All would agree that with more than 3, 000 new firms formed in Europe, Japan and the United States focused on biotechnology, and with elegant strides forward in our understanding of genetics, the genome, proteomics and other related fields, a true intellectual, social and industrial revolution is in the making. Maureen McKelvey et al provide fascinating data on firm formation, case studies of emerging business models and cross-regional and national comparisons. The work is a useful beginning in our understanding of an emerging phenomenon.' - James M. Utterback, Massachusetts Institute of Technology, US This book offers a novel insight into the economic dynamics of modern biotechnology, using examples from Europe to reflect global trends. The authors apply theoretical insight to a fundamental enigma of the modern learning society, namely, how and why the development of knowledge and ideas interact with market processes and the formation of industries and firms.


Book Synopsis The Economic Dynamics of Modern Biotechnology by : Maureen D. McKelvey

Download or read book The Economic Dynamics of Modern Biotechnology written by Maureen D. McKelvey and published by Edward Elgar Publishing. This book was released on 2004-01-01 with total page 438 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'All would agree that with more than 3, 000 new firms formed in Europe, Japan and the United States focused on biotechnology, and with elegant strides forward in our understanding of genetics, the genome, proteomics and other related fields, a true intellectual, social and industrial revolution is in the making. Maureen McKelvey et al provide fascinating data on firm formation, case studies of emerging business models and cross-regional and national comparisons. The work is a useful beginning in our understanding of an emerging phenomenon.' - James M. Utterback, Massachusetts Institute of Technology, US This book offers a novel insight into the economic dynamics of modern biotechnology, using examples from Europe to reflect global trends. The authors apply theoretical insight to a fundamental enigma of the modern learning society, namely, how and why the development of knowledge and ideas interact with market processes and the formation of industries and firms.