Continental Differences in the Clusters of Integration: Empirical Evidence from the Digital Commodities Global Supply Chain Networks
In: International Journal of Production Economics, Volume 147, Part B, January 2014, Pages 486–497
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In: International Journal of Production Economics, Volume 147, Part B, January 2014, Pages 486–497
SSRN
In: The economic journal: the journal of the Royal Economic Society, Band 113, Heft 488, S. F395-F397
ISSN: 1468-0297
In: Information economics and policy, Band 14, Heft 3, S. 385-404
ISSN: 0167-6245
In: Information economics and policy, Band 63, S. 101031
ISSN: 0167-6245
In this paper we show that New Product Development (NPD) is subject to fundamental uncertainty that is both epistemic and ontic in nature. We argue that this uncertainty cannot be mitigated using forecasting techniques exclusively, because these are most useful in circumstances characteristic of probabilistic risk, as distinct from non-probabilistic uncertainty. We show that the mitigation of uncertainty in relation to NPD requires techniques able to take account of the socio-economic factors that can combine to cause present assumptions about future demand conditions to be incorrect. This can be achieved through an Intuitive Logics (IL) scenario planning process designed specifically to mitigate uncertainty associated with NPD by incorporating insights from both quantitative modelling alongside consideration of political, social, technological and legal factors, as-well-as stakeholder motivations that are central to successful NPD. In this paper we therefore achieve three objectives: 1) identify the aspects of the current IL process salient to mitigating the uncertainty of NPD 2) show how advances in diffusion modelling can be used to identify the social-network and contagion effects that lead to a product's full diffusion 3) show how the IL process can be further enhanced to facilitate detailed consideration of the factors enabling and inhibiting initial market-acceptance, and then the forecasted full diffusion of a considered new product. We provide a step-by-step guide to the implementation of this adapted IL scenario planning process designed specifically to mitigate uncertainty in relation to NPD. Keywords: new product development; fundamental uncertainty; scenario planning; forecasting
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In this paper we show that New Product Development (NPD) is subject to fundamental uncertainty that is both epistemic and ontic in nature. We argue that this uncertainty cannot be mitigated using forecasting techniques exclusively, because these are most useful in circumstances characteristic of probabilistic risk, as distinct from non-probabilistic uncertainty. We show that the mitigation of uncertainty in relation to NPD requires techniques able to take account of the socio-economic factors that can combine to cause present assumptions about future demand conditions to be incorrect. This can be achieved through an Intuitive Logics (IL) scenario planning process designed specifically to mitigate uncertainty associated with NPD by incorporating insights from both quantitative modelling alongside consideration of political, social, technological and legal factors, as-well-as stakeholder motivations that are central to successful NPD. In this paper we therefore achieve three objectives: 1) identify the aspects of the current IL process salient to mitigating the uncertainty of NPD; 2) show how advances in diffusion modelling can be used to identify the social-network and contagion effects that lead to a product's full diffusion; and 3) show how the IL process can be further enhanced to facilitate detailed consideration of the factors enabling and inhibiting initial market-acceptance, and then the forecasted full diffusion of a considered new product. We provide a step-by-step guide to the implementation of this adapted IL scenario planning process designed specifically to mitigate uncertainty in relation to NPD
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In: International journal of forecasting, Band 31, Heft 4, S. 1127-1137
ISSN: 0169-2070
In: The economic journal: the journal of the Royal Economic Society, Band 123, Heft 572, S. F582-F595
ISSN: 1468-0297
In: International Journal of Industrial Organization, Band 27, Heft pp441-448
SSRN
In: Technological forecasting and social change: an international journal, Band 133, S. 118-131
ISSN: 0040-1625
In: New horizons in regional science series
In: International journal of forecasting, Band 31, Heft 4, S. 1159-1170
ISSN: 0169-2070
In: INFORMATION TECHNOLOGY POLICY AND THE DIGITAL DIVIDE: LESSONS, Edward Elgar Publishing, 2004
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In: Edward Elgar E-Book Archive
The proliferation of new information technologies throughout the world has raised some important questions for policymakers as to how developing countries can benefit from their diffusion. This important volume compares the advantages and disadvantages of the IT revolution through detailed studies of a variety of developed and developing nations and regions: Argentina, Estonia, the EU, India, Japan, Korea, Mexico, South Africa, Thailand and the USA
The big move to data - Changes in network technology and the transition from voice and SMS to a more data-centric business model have paved the way for OTT success, transforming the way people access resources for health, transportation, education, agriculture, government and financial services. Increasingly, mobile network operators (MNOs) are embracing data-centric business models as data drives the ongoing digital revolution in virtually every industry vertical. How are OTTs impacting MNO demand, revenue and cost? Demand: The exponential increase in data traffic and use of OTTs results both in new subscribers for broadband services and existing subscribers upgrading their subscriptions for greater speed and bandwidth. In terms of voice and SMS services, the picture is less clear with some countries in Africa showing stable use or even an increase in voice traffic. These trends reflect the reality that network traffic, and demand for legacy services, depend on a multitude of variables, not simply on the prevalence of OTTs. Revenue: Data services are increasingly important in MNO revenue streams but can business opportunity and risk mitigation boost profitability? How far do OTTs contribute to MNO revenue indirectly by boosting demand? Are changes in business model the way forward – for example OTTs and network operators co-investing? Cost: Data traffic accounts for a significant share of network costs. In Europe, for example, MNOs are expected to spend hundreds of millions of Euros per year to handle Internet traffic – in addition to incurring costs required to provide traditional services. How can OTT investment be boosted? Complementary relationships exist between OTT services and network services. Hyperscale OTT service providers are increasingly investing in infrastructure and connectivity projects to support the availability of highspeed broadband, and many collaborative initiatives exist between operators, development agencies and Internet companies aimed at coinvestment in network infrastructure. Despite these gains in connectivity, there is a continuing need for increased and improved broadband network infrastructure. How can OTT investment into extending network connectivity be boosted? The huge promise of partnership OTTs and network operators need each other to thrive in today's communications marketplace. OTTs provide the content that drives demand for telecommunication operator services. It is not a "zero-sum game" but rather a symbiotic relationship. OTT applications increase revenues for operators' core access services by driving demand for data services. So direct commercial partnerships between operators and OTTs have vast potential: research suggests such partnering could increase telco free cash-flow by a massive 50 per cent. OTT platforms: what impact? OTTs have helped usher in economic and social transformation beyond traditional communications services in the ever-growing digital economy. At the same time, this success has brought with it new challenges – such as increased competition between informal vendors on OTT and physical retailers, or the need to modernize tax codes appropriate to the new digital economy. A number of barriers to connectivity exist in some countries, such as the high cost of Internet data; introduction of additional taxes to raise revenue, including content licence fees and excise taxes; fiscal instruments in some countries, including new forms of taxation on the use of OTTs – measures which may have a detrimental impact on women and their ability to access the digital economy. Digital transformation of network communications: challenges for regulators OTTs are a vast and diverse collection of businesses. Regulators need to see the benefits that OTTs deliver while adapting regimes to address new challenges. And while OTT innovation can be rapid, regulation sometimes struggles not only to keep pace but to address large-scale OTT operations outside of the regulator's national mandate, thus a need for improved international cooperation. In addition, a one-sizefits-all approach to regulating OTTs will not work. When new service delivery models disrupt the old, regulation should be informed by evidence rather than fear of the unknown. Is light-touch, flexible regulation the answer?
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