top cited articles In 2019 - International Journal Of Managing Information Technology (IJMIT)
top
cited articles In 2019
International Journal Of Managing
Information Technology (IJMIT)
Issn: 0975-5586
(Online); 0975-5926 (Print)
A
New Concept Of R&D In NEO Open Innovation - Transformation Of R&D
Triggered By Amazon
Yuji
Tou1, Chihiro Watanabe 2, 3, Kuniko Moriya 2, 4,
Victor Vurpillat5, Pekka Neittaanmäki2,
1Tokyo Institute of Technology, Japan
2University of Jyväskylä, Finland,
3International Institute for Applied
Systems Analysis (IIASA), Austria,
4Research and Statistics
Department, Bank of Japan, Japan and
5Global Connexus Inc., USA
ABSTRACT
Amazon was the
world’s top R&D firm in 2017. Its R&D investment was double that of
2015, quintuple that of 2012, and tenfold that of 2011. It deploys a unique
R&D model as conducting “routine or periodic alternations” and “significant
improvement” simultaneously. Since traditionally the former is classified as
non-R&D, Amazon’s rapid and notable increase has raised the question of a
new R&D definition in the digital economy. By means of an empirical
analysis of the Amazon’s R&D model, this paper attempted to provide a
convincing answer to this question. Amazon has invested considerable resources
in extremely innovative business areas, which has developed its assimilation
capacity. In parallel with such forefront innovation, Amazon is endeavoring to
absorb soft innovation resources from external markets and assimilate them into
its business model. This then transforms “routine or periodic alternations”
into “significant improvement”, leading to the company becoming the world’s top
R&D firm. Such an endeavor has triggered a new concept of R&D in neo
open innovation and revealed the significance of a transformation of the
R&D concept in the digital economy.
KEYWORDS
R&D, neo
open innovation, Amazon, transformation, technology and content
For More Details:
http://aircconline.com/ijmit/V11N1/11119ijmit02.pdf
Volume URL: http://airccse.org/journal/ijmit/vol11.html
References
[1] Tou, Y., Watanabe, C., Moriya, K., &
Neittaanmäki, P., 2018. Neo Open Innovation in the Digital Economy: Harnessing
Soft Innovation Resources. International Journal of Managing Information Technology
10 (4), 53-75.
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Study. Bloomberg, New York.
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research-and-development-spending (retrieved 22.09.2018)
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P., 2018b. A New Paradox of the Digital Economy: Structural Sources of the
Limitation of GDP Statistics, Technology in Society 55, 9-33.
[7] Watanabe, C., Naveed, K., Tou, Y. &
Neittaanmäki, P., 2018c. Measuring GDP in the Digital Economy: Increasing
Dependence on Uncaptured GDP. Technological Forecasting and Social Change 137,
226-240.
[8] Watanabe, C., Naveed, K., Neittaanmäki, P.,
2015. Dependency on Un-captured GDP as a Source of Resilience beyond Economic
Value in Countries with Advanced ICT Infrastructure: Similarities and Disparities
between Finland and Singapore. Technology in Society 42, 104–122.
[9] Watanabe, C., Naveed, K., Neittaanmäki, P.,
Tou, Y., 2016. Operationalization of Un-captured GDP: The Innovation Stream
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Authors
Yuji
Tou graduated from Tokyo
Institute of Technology, Japan, and is currently specially appointed associate
professor at Tokyo Institute of Technology, Japan
Chihiro
Watanabe graduated from the
University of Tokyo, Japan, and is currently Professor Emeritus at the Tokyo
Institute of Technology, a research professor at the University of Jyväskylä,
Finland, and a research scholar at the International Institute for Applied
Systems Analysis (IIASA).
Kuniko
Moriya graduated from Aoyama
Gakuin University, Japan, and is currently is currently Director of the Bank of
Japan.
Victor
V. Vurpillat graduated from
Calfornia State Polytechnic University, USA, and is currently Chairman of the
Board and Director of Research, Global Connexus Inc., USA
Pekka
Neittaanmäki graduated from the
University of Jyväskylä with a degree in Mathematics. He is currently Professor
of the Faculty of Information Technology, University of Jyväskylä, Finland.
A Solution To The
Dilemma Between R&D Expansion And The Productivity Decline: Lessons From
The R&D Models In Amazon And Finland
Yuji
Tou1, Chihiro Watanabe 2,3, Kuniko Moriya4,2,
Pekka Neittaanmäki2 ,
1Tokyo Institute
of Technology, Japan,
2University of
Jyväskylä, Finland,
3International Institute for
Applied Systems Analysis (IIASA), Austria and
4Research and
Statistics Department, Bank of Japan, Japan
ABSTRACT
As a consequence
of the two-faced nature of information and communication technology (ICT), a
majority of ICT leaders have been confronting the critical problem of a dilemma
between R&D expansion and productivity decline in the digital economy.
However, Amazon has been able to accomplish a skyrocketing increase in R&D
and market capitalization. Finland has also accomplished balanced advancement
not only of welfare but also economic resurgence. This paper attempted to
elucidate the miracle of two ICT leaders. By means of a comparative empirical
analysis of respective development trajectories, the sources of their success
were analyzed thereby the comparative advantage and disadvantage of each
respective trajectories supportive to find a practical solution to the critical
problem of a dilemma were identified. The sources of both successes can be
attributed to harnessing the vigor of soft innovation resources from the
marketplace. However, contrary to Amazon’s complementary use, Finland has
depended on substitutionary use. While this approach contributes to easy
resurgence, it casts a shadow to the innovative growth in the future. An
insightful suggestion regarding balanced sustainable growth by cross learning
was thus provided.
KEYWORDS
Digital economy,
soft innovation resources, Amazon, Finland, dilemma between R&D and
productivity
For More Details: http://aircconline.com/ijmit/V11N2/11219ijmit02.pdf
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