Archivio tag per: innovation

The quest for responsible innovation. An interview with Marco Lucietti

Reading time: 7 minutes

17 Feb
17/02/2016
Foto del profilo di Francesca Romana Rinaldi

by Francesca Romana Rinaldi

SDA Assistant Professor of Strategic and Entrepreneurial Management

Marco LuciettiMany firms in a wide variety of industries are nowadays willing to find the right Corporate Social Responsibility strategy in order to get the benefits of a multi-stakeholder approach, such as having greater capacity to attract human capital, improving the business climate and thus employee performance, reinforcing the brand value. But for the business community the term “Corporate Social Responsibility” is considered quite outdated and managers often prefer talking about “Responsible Innovation” since the latter clearly refers to a 360° approach based on social, environmental, ethical responsibility and innovation.
Can Responsible Innovation be an important driver for the firms’ success and internationalization? For a firm growing at global level, what is the updated role and which are the required skills for a good manager?

These questions are definitely hot in fashion, one of the key sectors for the Italian economy. Several textile & clothing companies are currently in the process of updating their business models, leveraging on responsibility and technological innovation, willing to build renewed and solid sources for a sustainable competitive advantage.
In this article I would like to share an interesting talk I recently had with a manager that spent most of his time on the development of a strategy based on Responsible Innovation: Marco Lucietti, 44 years old, Global Marketing Director of the Turkish company Sanko Holding/ISKO™ Division*.

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Venture capital firms driving digital transformation. An interview with Philippe Collombel

Reading time: 6 minutes

10 Feb
10/02/2016
Foto del profilo di Guia Beatrice Pirotti

by Guia Pirotti

SDA Professor of Strategic and Entrepreneurial Management

COLLOMBEL PhilippeDigital transformation and technological breakthroughs are pushing for a radical change in the traditional way of doing business. The consequent, growing competition could erode the value and decrease the market share of those large companies that will not be able to implement innovative solutions and keep up with new technological trends. Only a few companies are able to realize the potential of every new finding or have the necessary resources to exploit them. Investing in start-ups is one of the most effective ways to embrace digitization and increasingly involves building partnerships with venture capital firms or incubators and accelerators.

Partech Ventures, a venture capital firm, invests in high growth companies in the digital and information technology fields and recently opened the Partech Shaker, a campus dedicated to start-ups. In this interview, relying on the experience of the managing partner of Partech, Philippe Collombel, we will try to understand how venture capital firms are evolving and may facilitate the digital transformation process inside companies.

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The Corporate Entrepreneurship Equation

Reading time: 7 Minutes

27 Gen
27/01/2016
Foto del profilo di Markus Venzin

by Markus Venzin

SDA Professor of Strategic and Entrepreneurial Management

You do not frequently run into entrepreneurs in large, complex organizations. They are not attracted by all these rules, procedures and hierarchies. They prefer to work in small, agile firms or start their own venture.
If they end up in big firms, it is usually due to a recruiting mistake or the young entrepreneur’s belief that it is less costly to make the big mistakes somewhere else and after she gained some experience start her own venture. But soon salaries become better, risk-tolerance lower and the motivation to leave the safe corporate world is getting lower and lower.
And then hey, you can still be an entrepreneur in a large firm, can’t you?

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The changing map of global innovation battles

Reading time: 7 minutes

04 Nov
04/11/2015
Foto del profilo di Olga Annushkina

by Olga Annushkina

SDA Professor of Strategic and Entrepreneurial Management

We are used to many contemporary breakthrough technology-based consumer products and services imported from the USA: Apple’s iconic smartphones and tablets, social networks, Amazon, wearable technologies, shared services. The USA corporations are launching these innovative products and services to target consumers in all important global markets, and Asia with its growing population, increasing urbanization levels and average incomes represents one of the key growth engines.

The increasingly interesting phenomena are products and services arriving from Asia that directly counterattack the US product launches in Asia and then on other competitive arenas. And Asian companies start succeeding where their European counterparts failed in 1990s and 2000s: in challenging the US-dominated global innovation.

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Why are Corporate Entrepreneurs not enough?

Reading time: 6 minutes

17 Giu
17/06/2015
Foto del profilo di Stefano Cavallazzi

by Stefano Cavallazzi

Research Fellow of Organization and HR Management

What does it take to translate the organization’s entrepreneurial and innovative effort into effective market outcomes? How do you set proper execution practices that allow you to pursue new competitive opportunities? Since Schumpeter suggested that entrepreneurs are the main agents of economic growth and market renewal in 1936, Corporate Entrepreneurship (CE) research has tried to shed some light on how firms can structure a process that allows the organization to identify and pursue value-creating opportunities leveraging on employees’ entrepreneurial behaviors. Scholars developed and refined the Corporate Entrepreneurship Assessment Instrument (CEAI) to evaluate four dimensions of organizational climate (management support, individual work discretion, rewards and time availability) as antecedents of innovative output and concluded that higher levels of entrepreneurial climate generate increased innovation.

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