This paper attempts to explain why innovating firms often fail to obtain significant economic returns from an innovation, while customers, imitators and other industry participants benefit. Business strategy particularly as it relates to the firm’s decision to integrate and collaborate is shown to be an important factor. The paper demonstrates that when imitation is easy, markets don’t work wel...

C hristensen’s (1997) original theory focused on disruptive technologies. Over time, the same theory has been used to explain all kinds of disruptive innovations. This is a mistake. Different kinds of innovations have different competitive effects and produce different kinds of markets. They should be treated as distinct phenomena. This article summarizes what the academic literature has to say...

Technological innovation would lead to a structural change in future energy market. For example, gas combined heat and power systems and advanced heat pump systems are recognized as key technologies to reduce carbon emission. We have developed a bottom-up energy demand model based on customer’s preference to assess the impact of penetration of innovative energy technologies. As a case study, we...

Europe is facing a twofold challenge. It must maintain or even increase its competitiveness, a basic requirement in a globalised economy and under the current demographic threat. It needs also to tackle the so-called "grand challenges", especially environmental issues, through a sustainable model of production and consumption. Such challenges should lead to new business and industrial models, b...

BACKGROUND Although prescribing of medication in hospitals is rarely an error-free process, prescribers receive little feedback on their mistakes and ways to change future practices. Audit and feedback interventions may be an effective approach to modifying the clinical practice of health professionals, but these may pose logistical challenges when used in hospitals. Moreover, such intervention...

Rogers’ Diffusion of Innovation (DOI) theory identifies characteristics of the innovation and organisation as the two major sources of influence on innovative behaviour. However, the external environment represents a major potential source of influential factors on e-business adoption because e-business is naturally affected by corresponding internet activity. This exploratory study, with DOI a...

Organizations are currently facing important and unprecedented challenges in an ever dynamic, constantly changing, and complex environment. Several factors, including the pace of technological innovation and the globalization of the economy, have forced business and industry to adapt to new challenges triggered by an ever sophisticated society characterized by an increasing demand for customize...

The sequencing of a growing number of genomes, and of the human genome in particular, has paved the way for remarkable technological innovations that are revolutionizing research across the life sciences. Large-scale sequencing and emerging techniques and approaches, like microarrays and systems biology, are changing the way researchers study life and its intrinsic complexity. Cells and the mol...

Multiple instances and diffusion mechanisms in biological and economic modeling involve partial differential equations (PDEs). Functional PDEs (with time delays) may be even more adequate to real world problems. In the modeling process, PDEs can also formalize behaviors, such as the logistic growth of populations with migrations, and the adopters’ dynamics of new products in innovation models. ...

The last few decades has witnessed a dizzying rate of technological innovation in the areas of computing and communication. While the effects of cheaper and faster computation power manifest explicitly in many places, slightly less obvious are the technological advances in sensor and signal processing technologies. Their impact is being increasingly felt in the form of digitization of all forms...