Since Klaus Schwab and the World Economic Forum declared arrival of Fourth Industrial Revolution, there has been much discussion about it. However, is no commonly agreed-upon definition Revolution. Therefore, we attempted to answer following four research questions. “What Revolution?”, “How can respond Revolution in terms institutions?”, technology?”, firm innovation start-up strategy?” Brainstorming was conducted by 11 scholars from several countries these this not end product questions,...

We created conceptual models that people may use to analyze and forecast the dynamic effects of open innovation, which we applied smartphone sector using a model-based analysis approach. In addition, built an innovation simulation model for sector. The linked logic concepts relating complex adaptive systems, evolutionary change. can be used strategies selection future strategies.

Research Question: Open innovation and the open business model exaggerate complexity (a transaction cost) in addition to realization of emergence its lock-in. Within a short period, Alibaba has become one global top e-commerce companies with several models. Our research question was: “How could company China such time?” Method: We chose deep interview method, participatory observation, meta-analysis answer this question. Result: applied global, creative models through time. In addition, it...

This paper discusses dynamics and differences of business models in the car-sharing industry focuses on open innovation as trigger diverse among Uber U.S., DiDi Chuxing China, KakaoT Korea. We seek to answer following two questions: What creates industry? Do motivate diversity Uber, Chuxing, KakaoT? incorporated participatory observation, interviews, semi-structured questionnaire methods our study. used two-step observation interview methods, hence carrying out interviews times by different...

This article looks into dynamics of open social enterprises. We used several research methods—literature review, content analysis and case studies through intensive interviews via semi-structured questionnaire. First, we developed a framework, expressed as the innovation model literature reviews on economy, sharing collaborative innovation, enterprise. Second, applied to ten Korean enterprises determined success factors well concrete behind it. Main finding this are follows. The depends...

The main objective of this article is to answer the question: How does one make a ‘new’ business model framework in knowledge-based economy? In an effort advance issue, we built research based on literature reviews. addition, performed social experiments at DGIST during 2011–2015 arrive new framework. There are four different active model-building processes. First customer open innovation-based developing circle. Second user Third entrepreneurship-based circle and fourth engineer Empirical...

This paper analyses the dynamics of platform business models as an entrepreneurial ecosystem and its effects on regional development. Here, we seek to answer following research questions: (1) What do have development? (2) factors structures affect models? (3) How can describe in app stores hotel-booking industries? To these questions, authors first analysed two ecosystems smartphone store industry (Google Play's Android market Apple's App Store) (Hotels.com Booking.com). Second, platforms...

What do we need for sustainable artificial intelligence that is not harmful but beneficial human life? This paper builds up the interaction model between direct and autonomous learning from human’s cognitive process firms’ open innovation process. It conceptually establishes a model. The key factor of this to respond entries external environments through interactions as well rearrange internal knowledge incessant. When happens, units determinations arise indirect are separated. They induce...

Static random access memory (SRAM)-based ternary content addressable (TCAM) offers TCAM functionality by emulating it with SRAM. However, this emulation suffers from reduced efficiency while mapping the table on SRAM units. This is due to limited capacity of physical addresses in unit. brief a novel architecture called resource-efficient SRAM-based (REST), which emulates using optimal resources. The unit divided into multiple virtual blocks store address information presented table. approach...

With the advent of Fourth Industrial Revolution, role entrepreneurs has become more crucial than ever. As a result, an open innovation model is suggested here that can promote serial by answering following question: “How does entrepreneur in conditions continuously identify business opportunities?” This question answered through in-depth case study Medison from 1985 to 2016, as not only representative Korean medical device company, but also example entrepreneurship Korea. First, we examined...

This paper investigates the role of open innovation in success restaurants. Our research questions are as follows. 'Is a rational strategy for small restaurant to attract and maintain customers? Which strategies should use?' We constructed our model ecosystem restaurants with ingredients innovation, recipe service analyse restaurants, which is worldwide phenomenon. chose four successful from Naples, one South Korea, North Korean case studies using participant observation, in-depth interviews...

While open innovation has become a popular strategy to enhance in firms, the context of entrepreneurship is not yet well understood. Particularly small- and medium-sized enterprises (SMEs), necessity understanding role combined with much greater. This research focuses on process its impact performance. Our primary question is: What are impacts innovation, their synergy effects onto performance, especially Korean Information Technology (IT) SMEs? To answer this question, survey was conducted...

Currently, the world economy is approaching a near-zero growth rate. Governments should move from market-failure-oriented to system-failure-oriented approach understanding this problem, and transform an entrepreneurial state motivate Schumpeterian dynamics of open innovation. We want answer following research question in study: "How can government enact policies conquer limits imposed on by inequality or control big businesses?" First, we conducted literature review establish concept...

Scheduling problems for the sustainability of manufacturing firms in era fourth industrial revolution is addressed this research. In terms open innovation, innovative production scheduling can be defined as using big data, cyber-physical systems, internet things, cloud computing, mobile network, and so on. environment, one most important things to develop an algorithm firms. research, a flexible flowshop problem considered with properties sequence-dependent setup different process plans...

The Samsung Galaxy Note 7 has been withdrawn from the market after a number of devices exploded its launch in 2016. Our research seeks to answer three questions and proceeds as follows. Did closed innovation trigger withdrawal? If so What are costs benefits Samsung's innovation? From among qualitative inquiry methods, this study used case research. research, we isolated important implications. first is benefit cost Electronics' strategy. second internal impact explosions on Electronics....

The purpose of this study is to address the following research question: What relationship between open innovation and firm performance? built up a framework with three factors—i.e., strategy, time scope, industry condition—to find out concrete effects on performance. This adopted four different methods. Firstly, we applied aforementioned factors game life simulation in order identify differences Secondly, examined real dynamics performance aircraft industry—one oldest modern...

In this paper, a technology for production scheduling is addressed the sustainability and open innovation in manufacturing business. Methodologies jobs on parallel machines with fixed processing property are devised. The property, which group of specific can be processed predetermined machine, found most systems due to quality issues. Usually, even though process various types jobs, preferred as not deteriorate products’ real systems. To minimize makespan defined final completion time all...