•Journal•ISSN: 1927-0321
Technology Innovation Management Review
Carleton University
About: Technology Innovation Management Review is an academic journal published by Carleton University. The journal publishes majorly in the area(s): Entrepreneurship & Open innovation. It has an ISSN identifier of 1927-0321. It is also open access. Over the lifetime, 621 publications have been published receiving 12418 citations. The journal is also known as: TIM review.
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TL;DR: In this paper, living labs are networks that can help companies create innovations that have a superior match with user needs and can be upscaled promptly to the global market, and this knowledge will help them to identify which actor drives the innovation, to anticipate likely outcomes, and to decide what kind of role they should play while "living labbing".
Abstract: Living labs bring experimentation out of companies’ RD this knowledge will help them to identify which actor drives the innovation, to anticipate likely outcomes, and to decide what kind of role they should play while "living labbing". Living labs are networks that can help them create innovations that have a superior match with user needs and can be upscaled promptly to the global market. By living labs, we mean reconstructing the interaction space. It can be any space, anywhere, suitable for collaborative design, the application of knowledge for empowerment, uplift, and development of people and communities for the use of innovation. An interviewee in this study
368 citations
TL;DR: In this article, Rifkin confirmed this trend in his concept of zero marginal cost, which emphasizes connectivity in his anticipation of a collaborative economy that will replace the capital system in its current form.
Abstract: Every industrial revolution brought with it benefits and challenges to the socioeconomic status of the countries that have engaged in such transformation. For instance, Great Britain led the first industrial revolution with the invention of the commercial steam engine, which revolutionized communication and transportation and led to many other industrial developments. In the second industrial revolution, the United States was primarily in the lead, with the telephone revolutionizing communication this time. In the third industrial revolution, the Internet was the key factor and succeeded because it was conceived as a public infrastructure technology rather a proprietary technology (Carr, 2003). The Internet has transformed the world economic landscape, and this transformation is expected to continue with the Internet of things (IoT). Rifkin (2014) confirms this trend in his concept of zero marginal cost, which emphasizes connectivity in his anticipation of a collaborative economy that will replace the capital system in its current form – with the IoT as the main driver. The rapid progress of smart cities is also paving the way to a more collaborative world (Kanter & Litow, 2009).
336 citations
TL;DR: Most economists and academics support the notion that entrepreneurship is becoming a crucial factor in the development and well-being of societies as discussed by the authors, and support the adoption of entrepreneurship in factordriven, efficiency-driven, or innovation-driven economies.
Abstract: Most economists and academics support the notion that entrepreneurship is becoming a crucial factor in the development and well-being of societies. Whether the entrepreneurial activities are practiced in factordriven, efficiency-driven, or innovation-driven economies (Porter et al., 2002; tinyurl.com/7vwutgr), the ultimate results continue to exhibit: i) lower unemployment rates; ii) increased tendency to adopt innovation; and iii) accelerated structural changes in the economy. Entrepreneurship offers new competition, and as such promotes improved productivity and healthy economic competitiveness (UNCTAD, 2004; tinyurl.com/d3xkdj4).
310 citations
303 citations
TL;DR: In this article, the authors present a framework for sustainable circular business model innovation by adding important perspectives: recognizing trends and drivers at the ecosystem level; understanding value to partners and stakeholders within a business; and evaluating the impact of sustainability and circularity.
Abstract: The circular economy concept is a novel economic model aiming to foster sustainable economic growth, boost global competitiveness, and generate new jobs. In order to make the circular economy mainstream, radical and systemic innovation is needed. Currently, a majority of the business modelling tools and methods lack at least some of the identified and needed elements for innovating business models in a circular economy. In this article, we build a framework for sustainable circular business model innovation by adding important perspectives: recognizing trends and drivers at the ecosystem level; understanding value to partners and stakeholders within a business; and evaluating the impact of sustainability and circularity. We present the results of a case study with a startup company, which was designed to test the framework and provide a concrete example of its usage and future development needs. Sustainability is not a luxury; it is a basic human right.
301 citations