New Product Development and Disciplined Experimentation

The process of developing new products always contains an element of uncertainty. This uncertainty translates into a significant risk for companies investing in the development of new products or services.The risk in new product development (NPD) can be based on ‘disciplined experimentation’: a structured process designed to rapidly identify the ‘vivid’ needs of the customer, test whether the main features of the new product or service will satisfy these needs (fast prototyping).‘Disciplined experimentation’, in particular, addresses assumptions about value (how the initiative will produce outcomes that outweigh the effort involved), growth (how the initiative can be scaled up beyond the first group of customers) and sustainability (how quickly the organisation can adapt to the new initiative and how easily competitors will be able to replicate it).

Business Models in a New Digital Culture: The Open Long Tail Model

New business models are emerging in global markets. Quirky is producing new products designed and developed by the community and finally produced by the 3D printing technology. Google gives his glasses to different developers who build up their own applications. Kickstarter finds the funders by the use of  the crowd, paying them back with the future products. Employees, funders, customers and partners do not play a stable role with the organization but revolve around it  using different form of collaborations related to the organization’s needs. In this scenario business like Amazon find out their own achievement feeding up different customers’ needs.

Rethinking the Market Economy

Several socio-economic mutations and technological breakthrough innovations are currently modifying the competitive environment and the functioning of today’s economies. These profound changes create opportunities for rethinking the market economy system. They do not challenge the fundamentals of capitalism, but can contribute to amending the system by opening new perspectives and by controlling or preventing the shortcomings of conventional capitalism. Those changes are still in the making

Risk Management and Sustainable Development of Telecommunications Companies

Globalisation determines a continuous increase of risks for companies. Hence, the ability to prevent threats and catch opportunities becomes strategically relevant for corporate success. However, different approaches of risk management can be chosen by firms operating in a same industry. This article is focused on telecommunications companies in a globalised economy: indeed, such companies contribute to market globalisation by facilitating information transmission and knowledge sharing, but they are also exposed to a variety of risks determined by legislative limitations to their activities, and risks related to social and environmental impacts of their processes. Therefore, the paper reflects on the sustainability of telecommunications companies’ development, which depends, in our opinion, on the ability to manage risks in a globally responsible way. The research comprises an empirical investigation based on the top 5 European telecommunications firms, the risks of which are classified in homogeneous categories and associated to different types of corporate global responsibility: legal, administrative, economic, social and environmental responsibility

Foreign and Spatial Spillovers in the European Electricity Sector

Productivity determinants of the urban domestic electricity sector in a cross-section of EU countries are examined to unveil the existence of two forms of spillover effects: those from foreign firms (foreign spillovers) and those related to spatial interactions (spatial spillovers). The empirical analysis also assesses the importance of industrial disaggregation in the context of the ongoing policy reform process at the EU level, aimed at creating a single competitive market for electricity. Results suggest that domestic productivity is influenced by agglomeration economies, and in particular scale economies, that both foreign and spatial spillovers are present, and that the overall implications of foreign presence and domestic firms’ ownership is differentiated across the generation and distribution segments of the electricity sector. The latter result highlights the importance of properly defining a firm’s relevant market, from the perspective of policy makers and firm managers alike

Global Business Networks and Competitiveness of SMEs

In today’s global economy new opportunities for growth and development are opening up for businesses, particularly those of a limited size. Projecting one’s area of activity onto the global markets was once seen as one of the many strategic options open to businesses, but today it has become a necessity, a real “condition for survival”. In this regard, global networks have become the system that most SMEs spontaneously choose to adopt in order to increase their competitiveness in a global environment. These networks make it possible to overcome the limitations of their small size, granting access, at a low cost, to the tangible and intangible resources all over the world that can be taken advantage of thanks to the network.

International Offshoring, Local Effects: an Inquiry on Italian Firms

Does offshoring affect industrial productivity at local level? In order to reply to this question a set of equation have been estimated on a panel of Italian provinces in the period 1999-2010, using DOLS (Dynamic Ordinary Least Square) methodology for panel data. The main results of the empirical analysis are: 1) offshoring has not damaged manufacturing employment: 2) offshoring has increased employment in services. The proposed explanation is that offshoring is associated with productivity growth, an indirect proof that the process was not pursued simply as a cost-reduction seeking strategy. However short and long run effects may differ, and data shows that the process is still in its initial stag

Workshop CAPI2001 - Titoli ed abstracts degli interventi. 16 ottobre 2001 Supercalcolo in economia e finanza - 17 ottobre 2001 Supercalcolo in biotecnologia, bioinformatica, bioingegneria

Claudia Tarantola, Paolo Giudici - Università degli studi di Pavia MCM Model Determination for Discrete Graphical Models. Fabio Millo - Allenza Assicurazioni Determinazioni del valore di una compagnia di assicurazioni e principi di gestione congiunta di attivi e passivi

Seminari SIT, GIS, Statistica - Seminari CILEA

Seminari CILEA Autunno 199