TMT diversity and innovation ambidexterity in family firms

Purpose – Family firms that simultaneously engage in multiple levels of innovation – incremental andradical – are likely to enjoy performance advantages across generations. The purpose of this paper is to research under which management conditions (i.e. top management team (TMT) diversity in terms of generational or non-family involvement) family firms are more likely to achieve innovation ambidexterity. Also, the paper addresses the mediating role of open innovation (OI) breadth in this relationship. Design/methodology/approach – A large cross-sectional sample of 335 small- and medium-sized family firms is used. The hypotheses were tested in a mediation model. The relationship between TMT diversity andambidexterity is measured using a binominal regression analysis, the one between TMT diversity and OIbreadth using a Tobit model. Findings – Drawing on the family firm upper echelon perspective, the results indicate that TMT diversity induced through external managers and multiple generations is positively related to innovation ambidexterity. As the mediation analysis reveals, the relationship can be explained by the higherpropensity of diverse TMTs to get involved in OI breadth. The findings add to the discussion on family firm heterogeneity and its influence on different kinds of innovation. Originality/value–So far, few studies have been concerned with ambidextrous family firms. Contrary totheir reputation, this study identifies family firms as radical as well as open innovators. As such, this research takes account not only of the heterogeneity of family firms, but also of the heterogeneity of family firm innovation

TEMPORAL ROUTINES FOR GENERATIONAL PRODUCT INNOVATION IN COMPUTER SOFTWARE

IN COMPUTER SOFTWARE This study uses a routines-based theoretical lens to examine time-based pacing of generational product innovation in the applications software industry. We develop a temporal routines model to explain the effect of time since previous innovation on generational product innovation. The model further suggests that organizational size moderates the time-pacing relationship. Employing event history analysis, we examined forty-six organizations competing in four segments of business productivity software from 1994 to 1998. We found empirical evidence consistent with our temporal routines model, indicating that software organizations, particularly larger organizations, employ temporal routines for generational product innovation. TEMPORAL ROUTINES FOR GENERATIONAL PRODUCT INNOVATION IN COMPUTER SOFTWARE Time-based pacing of innovation has drawn recent interest from academics (Brown and Eisenhardt, 1997; Bluedorn, 2002) and practitioners (Economist, 2003). Time-based pacing typically involves generational forms of innovation. A generational product innovation represents a significant advance in the technical performance of an existing product (Lawless an

The circular economy: An interdisciplinary exploration of the concept and application in a global context

There have long been calls from industry for guidance in implementing strategies for sustainable development. The Circular Economy represents the most recent attempt to conceptualize the integration of economic activity and environmental wellbeing in a sustainable way. This set of ideas has been adopted by China as the basis of their economic development (included in both the 11th and the 12th ‘Five Year Plan’), escalating the concept in minds of western policymakers and NGOs. This paper traces the conceptualisations and origins of the Circular Economy, tracing its meanings, and exploring its antecedents in economics and ecology, and discusses how the Circular Economy has been operationalized in business and policy. The paper finds that while the Circular Economy places emphasis on the redesign of processes and cycling of materials, which may contribute to more sustainable business models, it also encapsulates tensions and limitations. These include an absence of the social dimension inherent in sustainable development that limits its ethical dimensions, and some unintended consequences. This leads us to propose a revised definition of the Circular Economy as “an economic model wherein planning, resourcing, procurement, production and reprocessing are designed and managed, as both process and output, to maximize ecosystem functioning and human well-being”

INNOVATIONS AND SUSTAINABLE DEVELOPMENT: NEOCLASSICAL VERSUS EVOLUTIONARY APPROACH

In the last 20 years, the concept of ‘Sustainable Development’ (SD) has become very popular and wide spread in the world. In particular, the environmental dimension of SD asks for new ways to accomplish enhanced quality of life with reduced environmental impact. As a consequence, innovations that contribute to sustainable path ways through an improved environmental quality (the so-called ‘Sustainable Innovations’ - SI s) are facing a growing interest. The present study aims at contributing to the debate about innovation and SD, by focusing on the analysis of SIs from, respectively, the neoclassical and the evolutionary perspective. Whereas neoclassical theorists neoclassical theorists focus on the ‘double externality problem’ of SIs, on the one hand, and on the factors that influence the irimplementation, on the other, evolutionary approach analyses mainly radical technological changes thus stressing the need for a consideration of additional aspects ( in particular social and institutional ones) in the analysis of SIs.Innovations, Sustainable Development, Neoclassical Theory, Evolutionary Approach

Measuring the economic impact of immigration: A scoping paper

This discussion paper has three objectives. Firstly, it provides a brief review of recent international empirical research on the labour market impact of immigration. The synthesis of this literature is facilitated by reference to the results from a recent meta-analysis of the impact of immigration on wages. Secondly, the paper briefly reviews international research on other dimensions of the economic impact of immigration, namely productivity and technical change, trade and international relations, the fiscal impact, socio-economic impacts and externalities, and economy-wide (general equilibrium) effects. The approach adopted in considering each of these impacts is to identify the main issues associated with the particular impact, followed by key international references and, where available, New Zealand references on the particular type of impact. The gaps in NZ research are then identified along with any difficulties with the data available for replicating the international studies in New Zealand. Thirdly, the paper seeks to identify feasible (in terms of data availability) suggestions for further research that would add to our knowledge of the economic impact of immigration in New Zealand

Questioning the Generational Divide: Technological Exoticism and Adult Constructions of Online Youth Identity

Part of the Volume on Youth, Identity, and Digital Media. This chapter reflects on the effects and implications of the discrepancy between adult perspectives on digital media and youth experiences. Through an analysis of public discourse by marketers, journalists, and new media researchers compared with statements by young technology users, it is proposed that the current so-called "Internet generation" is in fact a transitional generation, in which young Internet users are characterized to varying degrees by a dual consciousness of both their own and adult perspectives, the latter of which tend to exoticize youth. An analogy with the first television generation is developed to suggest that the birth of a true Internet generation, some years in the future, will pave the way for more normalized, difficult-to-question changes in media attitudes and consumption, and thus that the present transitional moment should be taken advantage of to encourage conversation between adults and youth about technology and social change

Generational Accounting in European Health Care Systems

Growing shares of health care sectors in national income in the OECD countries have been observed for decades. Rising demand for health care coupled with medical advances may generate a significant burden on public finance in the ageing Europe in the coming years. We explore European public health care systems from the perspective of intergenerational solidarity using the generational accounting method. The following countries have been selected as representatives of the European health care systems: the Czech Republic, Denmark, Estonia, France, Italy, the Netherlands, and the United Kingdom. We conclude that if the growth of demand for health care is to be satisfied and the ratio of taxation remains constant, significant debts in health care will be generated by the current generation. A worse situation was found in systems financed mainly through health insurance or income taxes and in countries with high current expenditure on health.health care financing, sustainability, generational accounts, population ageing

Correlates of job satisfaction of early career employees in printing and publishing occupations

This survey-based study examined the overall job satisfaction of graduates in graphic arts programs from the Rochester Institute of Technology (RIT). Survey results were used to conduct further analysis to determine which correlates of overall job satisfaction were statistically significant. Personal gratification derived from doing one’s job was found to be the most strongly correlated job facet to overall job satisfaction

CREATe 2012-2016: Impact on society, industry and policy through research excellence and knowledge exchange

On the eve of the CREATe Festival May 2016, the Centre published this legacy report (edited by Kerry Patterson & Sukhpreet Singh with contributions from consortium researchers)