2,947 research outputs found
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ICT-based innovation and its competitive outcome: the role of information intensity
Purpose
Prior research highlights the vital role of Information and Communication Technologies (ICT) for innovation in response to environmental conditions. However, there is a lack of studies that analyse the determinants of ICT investments on the innovation activities of firms in relation with their impacts on the industrial and competitive dynamics using large data sets. The paper aims to discuss these issues.
Design/methodology/approach
In this paper, the authors investigate the effects of ICT investments on the industrial and competitive dynamics for a large and representative panel data set. All the industries are included, and lagged effects of ICT investments are studied. The model is tested on a seven-year panel (2008â2014) of 231 Italian industries using two-stage least squares instrumental-variables estimators with industry time and fixed effects.
Findings
The results indicate that munificent industries and higher ICT spending are interrelated facts, showing that in sectors with more growth opportunities firms invest more in ICT and this leads to higher industry concentration, greater profit dispersion and higher competitive turbulence in the sector. Also, the paper shows that SMEs can rarely take advantage of their ICT-based innovation to start high-growth phenomena.
Practical implications
The results suggest that ICT-based innovation may create competitive advantages that are hard to sustain over the long-term raising important implications for managers involved in ICT-enabled innovations and policy-makers involved in building programs to foster innovation.
Originality/value
Against the backdrop of todayâs digital transformation, the paper enriches our understanding on the disruptive effects exerted by the digitalization of the innovation process and provides a base to continue the investigation of industrial changes and competitive dynamics
The impact of ITâbusiness strategic alignment on firm performance: The evolving role of IT in industries
This study proposes and validates a new industry taxonomy to understand the use of IT that generates superior economic returns based on the specific economic and competitive characteristics of four different industry types and the strategic role of IT in each of these industry environments. Our findings extend the well-established industry taxonomy on the strategic role of IT (Automate, Informate, Transform) by considering how IT is changing the nature of the product/service in industries where transformational logics prevail. We found that in industries where the product/service is digital in nature, the firms that achieve higher economic returns are those where IT is used to support dual strategies based on the integration of cost leadership and differentiation. Conversely, in other industries - with the exception of those producing commodities - the firms that achieve superior returns are those that use IT to support differentiation. The results of this study can help managers make intelligent decisions about competitive strategies and IT investments, depending on the business environment of the sector in which the firm operates and the generative potential of emerging technologies to do new things
Closure statistics in interferometric data
Interferometric visibilities, reflecting the complex correlations between
signals recorded at antennas in an interferometric array, carry information
about the angular structure of a distant source. While unknown antenna gains in
both amplitude and phase can prevent direct interpretation of these
measurements, certain combinations of visibilities called closure phases and
closure amplitudes are independent of antenna gains and provide a convenient
set of robust observables. However, these closure quantities have subtle noise
properties and are generally both linearly and statistically dependent. These
complications have obstructed the proper use of closure quantities in
interferometric analysis, and they have obscured the relationship between
analysis with closure quantities and other analysis techniques such as self
calibration. We review the statistics of closure quantities, noting common
pitfalls that arise when approaching low signal-to-noise due to the nonlinear
propagation of statistical errors. We then develop a strategy for isolating and
fitting to the independent degrees of freedom captured by the closure
quantities through explicit construction of linearly independent sets of
quantities along with their noise covariance in the Gaussian limit, valid for
moderate signal-to-noise, and we demonstrate that model fits have biased
posteriors when this covariance is ignored. Finally, we introduce a unified
procedure for fitting to both closure information and partially calibrated
visibilities, and we demonstrate both analytically and numerically the direct
equivalence of inference based on closure quantities to that based on self
calibration of complex visibilities with unconstrained antenna gains.Comment: 31 pages, 17 figure
Merging of globular clusters within inner galactic regions. II. The Nuclear Star Cluster formation
In this paper we present the results of two detailed N-body simulations of
the interaction of a sample of four massive globular clusters in the inner
region of a triaxial galaxy. A full merging of the clusters takes place,
leading to a slowly evolving cluster which is quite similar to observed Nuclear
Clusters. Actually, both the density and the velocity dispersion profiles match
qualitatively, and quantitatively after scaling, with observed features of many
nucleated galaxies. In the case of dense initial clusters, the merger remnant
shows a density profile more concentrated than that of the progenitors, with a
central density higher than the sum of the central progenitors central
densities. These findings support the idea that a massive Nuclear Cluster may
have formed in early phases of the mother galaxy evolution and lead to the
formation of a nucleus, which, in many galaxies, has indeed a luminosity
profile similar to that of an extended King model. A correlation with galactic
nuclear activity is suggested.Comment: 18 pages, 10 figures, 3 tables. Submitted to ApJ, main journa
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Growth induction and low-oxygen apoptosis inhibition of human CD34 + progenitors in collagen gels
Various reports have indicated low survival of injected progenitors into unfavorable environments such as the ischemic myocardium or lower limb tissues. This represents a major bottleneck in stem-cell-based cardiovascular regenerative medicine. Strategies to enhance survival of these cells in recipient tissues have been therefore sought to improve stem cell survival and ensure long-term engraftment. In the present contribution, we show that embedding human cord blood-derived CD34+ cells into a collagen I-based hydrogel containing cytokines is a suitable strategy to promote stem cell proliferation and protect these cells from anoxia-induced apoptosis
Ultrasound as first line step in anaemia diagnostics
This review covers the role of ultrasonography as an essential non-invasive diagnostic approach when facing patients with anaemia, a common clinical problem. Abdomen ultrasound is well recognised as a first-line examination in the setting of blood loss, both acute and chronic. Less is clear about the additional opportunities, given by ultrasound in anaemia, due to the many other possible causes. Here we provide information on the utility of ultrasound in different contexts and a practical guide for clinicians facing anaemic patients
Landslide hazard and land management in high-density urban areas of Campania region, Italy
Abstract. Results deriving from a research focused on the interplay between landslides and urban development are presented here, with reference to two densely populated settings located in the Campania region, Italy: the city of Naples and the island of Ischia. Both areas suffer adverse consequences from various types of landslides since at least 2000 yr. Our study evidences that, despite the long history of slope instabilities, the urban evolution, often illegal, disregarded the high landslide propensity of the hillsides; thus, unsafe lands have been occupied, even in recent years, when proper and strict rules have been enacted to downgrade the landslide risk. It is finally argued that future guidelines should not be entirely based upon physical countermeasures against mass movements. On the contrary, national and local authorities should enforce the territorial control, obliging citizens to respect the existing regulations and emphasizing the role of alternative, non-structural solutions
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