Co-evolutionary coupling leads a way to a novel concept of R&D - Lessons from digitalized bioeconomy

Naveed N, Watanabe C, & Neittaanmäki P (2020). Co-evolutionary coupling leads a way to a novel concept of R&D - Lessons from digitalized bioeconomy. Technology in Society 60: e101220. DOI:10.1016/j.techsoc.2019.101220.

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Abstract

Given the increasing role of research and development (R&D) in competitive markets in the digital economy while confronting the dilemma between R&D expansion and a productivity decline, transformation of the R&D model has become a crucial subject for global digital leaders.

The authors of this paper postulate that neo open innovation harnessing the vigor of external innovation resources which then developed into a new concept of R&D that self-transforms during an R&D process initiated by Amazon by coupling with users.

The authors further develop these postulates by proposing the embedding of a growth characteristic identical to biological coupling.

An empirical analysis focusing on the forefront endeavors of global bioeconomy firms and also by Amazon was conducted.

A notable endeavor toward a circular economy initiated by its global leader UPM- Kymmene Corporation (UPM) demonstrated the significance of a coupling effect with downstream digital commerce leader Amazon. This effect can be attributed to harnessing the function of the growth characteristic identical to biological coupling through co-evolution of the dual coupling of bioeconomy and digitalization and of upstream and downstream operations.

This co-evolutionary coupling is expected to provide a novel concept of R&D that grows its function in a self-propagating way during the R&D process.

An insightful suggestion supporting to a novel concept of R&D in the digital economy is thus proposed.

Item Type: Article
Uncontrolled Keywords: Co-evolutionary coupling; Digitalized bioeconomy; Novel R&D concept; Circular economy; Biological coupling
Research Programs: Advanced Systems Analysis (ASA)
Depositing User: Luke Kirwan
Date Deposited: 19 Dec 2019 07:57
Last Modified: 07 Jan 2020 09:15
URI: http://pure.iiasa.ac.at/16233

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