The transformation of R&D into neo open innovation- a new concept in R&D endeavor triggered by amazon
Bibliographic Data
| ID | 11238251 |
|---|---|
| Authors | Yuji Tou (0000-0002-8855-116X, Tokyo Institute of Technology), Chihiro Watanabe (0000-0002-6676-5685, University of Jyväskylä, corresponding author), Kuniko Moriya (University of Jyväskylä), Nasir Naveed (0000-0002-2788-1616, University of Jyväskylä), Victor Vurpillat, Pekka Neittaanmäki (0000-0001-6629-8100, University of Jyväskylä) |
| Year | 2019 |
| Volume | 58 |
| Pages | 101141 |
| Publication date | 2019-08-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Technology in Society (JOURNAL) |
| Journal identifiers | ISSN: 0160-791X • E-ISSN: 1879-3274 |
| Publisher | Elsevier BV (PUBLISHER) |
| DOI | 10.1016/j.techsoc.2019.05.005 |
| OpenAlex | W2946802241 |
| Language | EN |
| Citations received | 6 |
| References cited | 20 |
Amazon was the world's top Research and Development (R&D) firm in 2017. Its R&D investment was double that of 2015, five times that of 2012, and ten times that of 2011. \n \nSuch a rapid and notable increase in R&D investment has raised the question of a new R&D definition and focus in the digital economy, which Amazon insists includes both “routine or periodic alterations” (traditionally classified as non-R&D) and “significant improvement” (classified as R&D). \n \nUsing an empirical analysis of Amazon's R&D model as a system, this paper attempts to provide a convincing answer to this question. \n \nIt has been identified that Amazon, which is based on R&D as a culture, has been promoting companywide experimentation to cause customers obsessed with making purchase decisions. This obsession has enabled Amazon to deploy an architecture for participation that makes the most of digital technologies by harnessing the power of users. Such user-driven innovation has accelerated a dramatic advancement of the Internet that, in turn, has accelerated the co-emergence of soft innovation resources in the marketplace. This emergence has activated a self-propagating function that has induced functionality development, leading to supra-functionality beyond an economic value that satisfies a shift in customers’ preferences. While this system depends on the assimilation capacity of soft innovation resources, Amazon has developed a high level of capacity supported by a rapid and notable increase in R&D investment. The above efforts function in a virtuous cycle leading to the transformation of “routine or periodic alterations” into “significant improvement.” \n \nThese findings give rise to insightful suggestions regarding a new concept of R&D in neo open innovation in the digital economy
Amazon rainforest · Business · Economics · Economy · Function (biology · Industrial organization · Investment (military · Political science · Virtuous circle and vicious circle · Economic and Technological Developments in Russia · Entrepreneurship Studies and Influences · Innovation Policy and RD
Fusion of technology management and financing management - Amazon's transformative endeavor by orchestrating techno-financing systems
Institutional systems inducing R&D in Amazon- the role of an investor surplus toward stakeholder capitalization
Interactions between organizational culture, capability, and performance in the technological aspect of society
Amazon's New Supra-Omnichannel
A new perspective of innovation toward a non-contact society - Amazon's initiative in pioneering growing seamless switching
Amazon's initiative transforming a non-contact society - Digital disruptionleads the way to stakeholder capitalization
Operationalization of un-captured GDP - Innovation stream under new global mega-trends
Co-evolution of three mega-trends nurtures un-captured GDP – Uber’s ride-sharing revolution
The transformative direction of innovation toward an IoT-based society - Increasing dependency on uncaptured GDP in global ICT firms
New paradigm of ICT productivity – Increasing role of un-captured GDP and growing anger of consumers
Dependency on un-captured GDP as a source of resilience beyond economic value in countries with advanced ICT infrastructure
Harnessing soft innovation resources leads to neo open innovation
Digital solutions transform the forest-based bioeconomy into a digital platform industry - A suggestion for a disruptive business model in the digital economy
Digitalized bioeconomy
A new paradox of the digital economy - Structural sources of the limitation of GDP statistics
| Unique citing works | 6 |
|---|---|
| Citations per year | 1 |
| Citation span | 2020 - 2022 (3) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 6 |