Revistas
Revista:
EURASIAN BUSINESS REVIEW
ISSN:
1309-4297
This paper investigates the impact of aligning an innovation strategy with Environmental, Social, and Governance (ESG) practices on innovation and non-innovation performance variables. Drawing on principles from Stakeholder Theory and Social Network Theory of Innovation, the research hypothesizes that ESG-driven firms will outperform firms that are not ESG-driven in terms of future innovation outcomes, labor productivity, exporting and survival rates. Using the Technological Innovation Panel (PITEC) database, a panel of Spanish companies, the study compares the performance of two groups of innovative firms: firms that declare that at least one of the ESG goals are relevant for their innovation activities (ESG-driven companies) and matched firms that regard all three ESG goals as not important (non-ESG companies). Our findings reveal that ESG-driven companies exhibit a better future innovation performance and that, in terms of labor productivity, exporting, and survival their performance is never inferior than that of innovative firms that are not ESG-driven.
Revista:
FRONTIERS IN PSYCHOLOGY
ISSN:
1664-1078
Año:
2023
Vol.:
13
Págs.:
1045508
As a result of contemporary culture¿s focus on continuous innovation and ¿change before you have to,¿ innovation has been identified with economic gains rather than with creating added value for society. At the same time, given current trends related to the automation of business models, workers seem all but destined to be replaced by machines in the labor market. In this context, we attempt to explore whether robots and Artificial Intelligence (AI) will be able to innovate, and the extent to which said activity is exclusively inherent to human nature. Following the need for a more anthropological view of innovation, we make use of MacIntyrean categories to present innovation as a domain-relative practice with creativity and practical wisdom as its corresponding virtues. We explain why innovation can only be understood within a tradition as it implies participating in inquiry about the principle and end of practical life. We conclude that machines and ¿intelligent¿ devices do not have the capacity to innovate and they never will. They may replicate the human capacity for creativity, but they squarely lack the necessary conditions to be a locus of virtue or engage with a tradition.
Revista:
TECHNOVATION
ISSN:
0166-4972
Año:
2020
Vol.:
98
Págs.:
102175
This paper explains the performance outcomes of markets for technology. It examines whether, and in what context, licensing agreements function as signals of innovativeness that influence investors' evaluation of public companies and if they are consistent ex post the announcement. Joining the literature on markets for technology and signalling theory, it distinguishes the outcomes related to the expectation and the confirmation of the signal, while investigating the context in terms of a company's analyst coverage. This distinction is addressed based on an empirical strategy that draws on a sample of 99 companies (2006-2012) and relates the investing community's reaction to both abnormal stock market returns in the day of the announcement and to Tobin's q one year after. The results show neither immediate nor ex post effects for outward agreements, and negative immediate and ex post effects for inward agreements, which are muted for companies with extensive analyst coverage. They thus suggest that inward licenses are relevant negative signals and that the value of signals is maintained across time horizons. Our theory development introduces analyst coverage as a contingency under which licensing agreements represent a weaker signal. Our research thus warns managers against publicly announcing their licensing strategies.
Revista:
GIST
ISSN:
1692-5777
Año:
2020
N°:
20
Págs.:
155 - 169
The formation of human capital is key to countries' social, cultural, and economic development. The current literature review pays considerable attention to the ever-increasing proliferation of technology in the careers of college and school graduates. While the presence of educational technology in higher education offers multiple benefits, its implementation also presents challenges. In that sense, the literature has considered multiple tools for improving learning processes. However, the results of such tools vary and are difficult to measure in terms of quality. In this literature review, we analyze the issues surrounding educational technology in higher education.
Revista:
INDUSTRIAL AND CORPORATE CHANGE
ISSN:
0960-6491
Año:
2019
Vol.:
28
N°:
4
Págs.:
773 - 792
The fear of rent dissipation has been proposed as the main reason firms are hesitant to enter markets for technology. In this paper we investigate conditions under which firms are particularly reluctant to out-license their technologies due to shifts in the relative magnitudes between potential rent dissipation and revenue effects. Specifically, we offer theoretical arguments and empirical evidence suggesting that firms operating under higher product market competition are more reluctant to license their technologies. Firms' openness to external knowledge, while having a direct positive association with greater licensing rates, also partially mitigates the negative effect of increasing product market competition. Exogenous sunk costs, however, increase firms' reluctance to out-license and also further fuel the negative association between out-licensing and product market competition. The empirical investigation builds on a sample of 227 licensors involved in licensing contracts in the US pharmaceutical industry from 1986 to 2005. The study has substantial implications for management, research, and policymakers.
Revista:
TECHNOVATION
ISSN:
0166-4972
Año:
2019
Vol.:
86-87
Págs.:
48 - 61
This article analyzes how a licensor's market value varies at the time that it announces a licensing agreement. It posits that licensors¿ appropriation capacity is a function of their bargaining power (determined by their financial situation and information asymmetries when signing the contract) and the potential cost of imitation that the licensors face (determined by their position in the sector). As bargaining power in each situation should determine licensors¿ success, it also should enhance their appropriation capacity in terms of market value. However, the cost of imitation should have a negative effect on licensors¿ appropriation capacity. This study shows that companies with cash constraints appropriate fewer benefits from licensing than do companies that have a ready cash flow (0.87% vs. 2.84%). If companies license out under low information asymmetries (same sector), they also appropriate more benefits from licensing than do companies facing high information asymmetries (different sector) (7.27% vs. 1.53%). Finally, licensors that are leaders appropriate fewer benefits than those that are followers (0.61% vs. 3.86%).
Revista:
JOURNAL OF TECHNOLOGY MANAGEMENT AND INNOVATION
ISSN:
0718-2724
Año:
2019
Vol.:
14
N°:
4
Págs.:
17 - 30
This article examines how and to what extent unions affect companies' innovation in Chile. It contributes to the existing literature in the following two aspects: First, because it widens the scope of analysis focusing in a developing country that is characterized by some specificities regarding the innovation as well the union landscape. Second, because it provides more in-depth analysis, taking into account the effect of unions on the four different types of innovation proposed in the Oslo Manual by OECD. Results show that unions do not affect product and process innovation while influence organizational innovation and marketing in a non-linear way.
Revista:
JOURNAL OF TECHNOLOGY MANAGEMENT AND INNOVATION
ISSN:
0718-2724
Año:
2018
Vol.:
13
N°:
1
Págs.:
38 - 47
Revista:
JOURNAL OF TECHNOLOGY MANAGEMENT AND INNOVATION
ISSN:
0718-2724
Año:
2016
Vol.:
11
N°:
1
Págs.:
2 - 5
Nacionales y Regionales
Título:
La Gobernanza de las prácticas ambientales, sociales y gobierno (ASG): El papel del propósito, la ética, el cumplimiento y la innovación (Govesg)
Código de expediente:
PID2021-124151NA-I00
Investigador principal:
Luiz Ricardo Kabbach De Castro, Dulce María Redín Goñi
Financiador:
AGENCIA ESTATAL DE INVESTIGACION
Convocatoria:
2021 AEI Proyectos de Generación del Conocimiento
Fecha de inicio:
01/01/2022
Fecha fin:
31/12/2024
Importe concedido:
80.041,50€
Otros fondos:
Fondos FEDER
