Digitalization and Innovation

Developments in digital technology offer new opportunities to design new products and services. However, creating such digitalized products and services often creates new problems and challenges to firms that are trying to innovate. In this essay, we analyze the impact of digitalization of products and services on innovations. In particular, we argue that digitalization of products will lead to an emergence of new layered product architecture. The layered architecture is characterized by its generative design rules that connect loosely coupled heterogeneous layers. It is pregnant with the potential of unbounded innovations. The new product architecture will require organizations to adopt a new organizing logic of innovation that we dubbed as doubly distributed innovation network. Based on this analysis, we propose five key issues that future researchers need to explore.innovation, innovation, product architecture, design rules

Fixed-to-mobile substitution in the US, EU, and China: Forecasting technology diffusion using the Lotka-Volterra Competition model

Objectives The first purpose of this thesis is to test the performance of the Lotka – Volterra Competition model in forecasting demand for technologies. Secondly, the paper aims to determine the interrelationship between the markets and their expected behaviors based on population theories. Thirdly, it attempts to gauge the similarities and differences of market behaviors in the most developed economies based on GDPpc as of October 2018. Summary Total annual subscription for each market was used to perform in-sample forecasts. Parameterization was obtained using the Gauss-Newton non-linear least squares method with the Marquardt algorithm. Then, the stable equilibria were shown in the interactive outcome graphs, which indicate that the theoretical suggestions are well-supported by historical market patterns. Conclusions The results indicate high fitting performance (R-squares>0.98) with estimated data close to that of actual observations. Despite data complications, the model has a good degree of accuracy. The competitive relationships for the US, the EU, and China are suggested to be amensalism, amensalism, and pure competition, respectively. The equilibrium analyses show that in all scenarios, the mobile cellular market dominates the fixed-line phone market. Over time, mobile phones will substitute fixed – line phones and obtain maximum growth

Strategic Pacing and the Progress Trap of Innovation

To what extent can the Strategic Pacing of Innovations (SPI) mitigate the Progress Trap of Innovations (PTI) that leads to diminishing returns to scope from timing innovation releases too fast or too slow? This research-in-progress paper incorporates economic and strategy concepts to conceptually surface (i) the need to balance existing product-line servicing with innovative new-releases, (ii) the strategic choice of timing a new release to maintain returns to scope, (iii) costs of overshooting or undershooting from SPI and its relationship to PTI, and (iv) internal and external contingencies that influence the impact of SPI on PTI. To the best of our knowledge, a similar framework has been hitherto missing in the literature on innovation

Evaluating the symbiosis status of tourist towns: The case of Guizhou Province, China

This study examines the symbiosis status of tourist towns by analyzing the dynamism between two subsystems of tourist town development: the town subsystem and the tourism subsystem. Drawing on the Lotka-Volterra model, we first developed a model for evaluating the status of harmonious symbiosis development for tourist towns, and then formulated a set of indicators to measure the key components in the model. An empirical study applying the model was conducted focusing on 18 tourist towns in Guizhou Province, China. Recommendations were proposed for more harmonious development of the tourist towns. This is among the first tourism studies that adopt the symbiosis systems approach and our proposed model provides fresh insights into tourist town development

The development and optimisation of a novel microfluidic immunoassay platform for point of care diagnostics

Protein biomarkers are important diagnostic tools for detection of non-communicable diseases, such as cancer and cardiovascular conditions. In order to be used as diagnostic tools they need to be detected at very low concentrations in biological samples (e.g. whole blood, serum or urine). This has been currently performed in central laboratories using expensive, bulky equipment and time consuming assays. [Continues.

Strategic signaling and new technologically superior product introduction: a game-theoretic model with simulation

User acceptance of technology is essential to determine its success. The current paper incorporates the main properties of the technology acceptance models (TAMs) developed by management scholars into a pre-commitment signaling duopolistic framework, where two competing firms must decide the level of technological improvement of the products being introduced. As a result, the corresponding equilibria of the duopolistic technological games will be determined by demand-based factors, providing a novel approach and complementing the current supply-based economic and operational research models developed in the literature. The proposed model will be simulated numerically to illustrate the strategic optimality of the update process of smartphone and tablet characteristics defined by Apple and Samsung as the market developed