Dynamic Balanced Scorecard (DBSC) is an effective business performance management control tool for dealing with business uncertainty, performance monitoring, evaluation and forecasting. DBSC has been proposed and utilized extensively over the years as an effective tool to manage and control the dynamics of business processes (BP) and their performance. However, there is little evidence of its a...

We study the contribution of doctoral students to innovation at 2,300 American science and engineering departments from 1973 to 1998. Macroeconomic and policy shocks in source countries that differentially affect enrolments across fields and universities isolate exogenous variation in the supply of students. Both US and international students contribute significantly to the production of knowle...

A 'national innovation system' refers to the system of institutional and socioeconomic conditions that influence the innovation activity of a nation 1. It has two important characteristics. The first characteristic, say, a horizontal one, is its relationship with other 'systems'. In every country, the most active performer of innovation is private firms: inevitably, therefore, a nation's innova...

Cell-Innovations welcome the opportunity to contribute to the TGA’s well-considered evidencebased consultation on the regulation of autologous cell and tissue products. Given the different pathways to medical innovation, we appreciate the challenges in consulting widely and ensuring that appropriate weighting is given to the voice of all key stakeholders. It is particularly important that biote...

In our previous two installments on innovativeness we provided overviews of how forest industry managers define “innovative” companies and what they see as primary hurdles to innovativeness. Here we cover the remaining findings regarding how managers might measure innovativeness and what they do to proactively increase innovativeness within their firms. Findings in this area may be particularly...

Rising research and development (R&D) expenditures by pharmaceutical companies are, in part, a consequence of changing industry structure, particularly the rise of the biotechnology sector. The creation of a market for biomedical science and increased vertical competition within the industry are likely to spur innovation and raise productivity, but they also could induce socially wasteful spend...

Innovation events the introduction of new products or processes represent the end of a process of knowledge sourcing and transformation. They also represent the beginning of a process of exploitation which may result in an improvement in the performance of the innovating business. This recursive process of knowledge sourcing, transformation and exploitation comprises the innovation value chain....

In a group setting, the exposure to different thinking styles and people promotes what is called creative abrasion, which, if properly managed, can greatly enhance the innovation potential. This is the philosophy behind MIETE, which was conceived in 2004 to promote innovation and entrepreneurship with multidisciplinary teams. With this in mind, MIETE aims at adapting itself to the profiles of c...

The paper begins by describing Hermann Simon’s concept of Hidden Champions. Essentially hidden champions are SMEs who have a dominant position in a narrow global market. A model is developed emphasizing the special role of innovation and strategy in achieving such a dominant global position. The model will then be validated using Canadian SME cases. Implications are drawn as to how other SMEs c...

Social innovation is an initiative, product or process or program that profoundly changes the basic routines, resource and authority flows or beliefs of any social system. Successful social innovations have durability and broad impact. While social innovation has recognizable stages and phases, achieving durability and scale is a dynamic process that requires both emergence of opportunity and d...