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. 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 |
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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: | 27 Aug 2021 17:32 |
URI: | https://pure.iiasa.ac.at/16233 |
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