Business model innovation (BMI) is a key performance driver for startups. Nonetheless, the reality that new firms with business models still face survival pressures. New institutional theory shows legitimacy factors will affect level of ventures. Legitimacy an important subject in field institution and organization, which refers to extent individual or organization’s behavior accepted by public...

This paper examines the use of evolutionary programming in agent-based modeling to implement the theory of bounded rationality. Evolutionary programming, which draws on Darwinian analogs of computing to create software programs, is a readily accepted means for solving complex computational problems. Evolutionary programming is also increasingly used to develop problem-solving strategies in acco...

Innovation researchers recognize that the uncertainty with regard to the value-creating potential of product innovations increases with their technological novelty, and have argued that the usefulness and value of novel products are socially constructed. Despite this recognition, researchers have not explored how the outer form in which a technological innovation is embodied influences the proc...

Innovation is no longer the purview of high-tech industries; it blossoming in home appliances and cosmetics sectors. However, consumers’ anxiety about risk new products prevents them from reaping benefits innovation. This driven by customer’s lack prior information on products. study examines how difference age between chronological consumers their cognitive affects willingness to search for in...

When innovative products and services are launched to the market, many consumers initially resist adopting them, even if the innovation is likely to enhance their life quality. Explanations for this behavior can also be found in specific personality traits and in general pitfalls of human decisionmaking. We believe that decision support systems (DSS) can help alleviate such innovation resistanc...

this study tries to expand the understanding of the relationship between transformational leadership and organizational innovation at the organizational level. this research proposes a conceptual framework to explain the components of transformational leadership while focusing on the relationship between each component and organizational innovation. a sample of 219 managers from 63 companies in...

I am pleased to speak with you today on technological innovation in the financial services sector. As you may know, technology and its impact have been key areas of focus at the Federal Reserve in recent years. As my colleagues on the Federal Reserve Board have often noted, technological innovation affects not just banking, financial services, and regulatory policy, but also the direction of th...