Digitalization entails the application of digital technologies to a wide range existing tasks and enables solution new tasks. This article is based on data sets current sales volumes innovative products forecast their future sales. The first stage applying innovation diffusion in F. Bass model calculate coefficients different modifications Sony’s PlayStation. To estimate factors which influence...

This study analyzes the innovative orientation of the Croatian entrepreneurs. Innovative orientation is represented by the perceived extent to which an entrepreneur’s product or service or technology is new, and no other businesses offer the same product. The sample is extracted from the GEM Croatia Adult Population Survey dataset for the years 2003-2013. We apply descriptive statistics, t-test...

This paper analyzes the effects of product innovation on the firms’ investment behavior in a dynamic duopoly framework. A differential games setting is considered where initially two firms are active on a homogenous product market. One of the firms has an option to introduce a new product that is horizontally and vertically differentiated from the established product. The resulting differential...

Today, market access should be guided by the presence of innovative products that can be incorporated into health-care systems or national health services, thereby guaranteeing their sustainability. However, the current reality is that the introduction of a new drug or medical device often ends up being a strategy for replacing an old product with a more innovative one. This change occurs witho...

Grassroots innovation is defined as innovative product or process created at the bottom of the pyramid, usually due to necessity, hardship and challenges. This article seek to understand and examine how grassroots innovation creates productive employment. This article briefly explain the role of Yayasan Inovasi Malaysia, a government agency setup to nurture and support scientific innovation, in...

a supply chain is composed of a complex sequence of processing stages, ranging from raw materials supplies, parts manufacturing, components and end-products assembling, to the delivery of end products. in the context of supply chain management, supplier selection decision is considered one of the key issues faced by operations and purchasing managers to remain competitive. therefore, requiremen...

In today’s competitive environment, it becomes imperative to look for innovative ideas to bring high quality product to market in a short time, especially in the context of engineering products which is highly knowledge and experience driven. Knowledge based engineering (KBE) will help engineering organizations to efficiently utilize their existing product knowledge base to launch innovative pr...

In today’s competitive environment, it becomes imperative to look for innovative ideas to bring high quality product to market in a short time, especially in the context of engineering products which is highly knowledge and experience driven. Knowledge based engineering (KBE) will help engineering organizations to efficiently utilize their existing product knowledge base to launch innovative pr...