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- 40 years of excellence: an overview of technovation and a roadmap for future researchPublication . Dabić, Marina; Marzi, Giacomo; Vlačić, Božidar; Daim, Tugrul; Vanhaverbeke, WimThe International Journal of Technological Innovation, Entrepreneurship and Technology Management (Technovation) is a flagship journal in the fields of management and technological innovation. This renowned position is largely a result of academic interest, as demonstrated by the large number of citations received from other prestigious journals, as well as downloads from across the globe. This study honors the 40th anniversary of Technovation and provides an overview of the journal's accomplishments since its conception in 1981 using Thomson Reuters Web of Science Core Collection database, complemented by both the Elsevier Scopus and EBSCO Business Premier databases, as well as the journal's webpage. This study highlights the main contributors (i.e. authors, universities, countries accountable for the journal's high ranking), the most cited articles, and the thematic profile of the journal through an extensive bibliometric analysis of Technovation publications. Finally, this study outlines growing research trends and proposes trajectories for future research.
- Mapping the future of cross-border mergers and acquisitions: a review and research agendaPublication . Kiessling, Timothy; Vlacic, Bozidar; Dabic, MarinaCross-border mergers and acquisitions (M&A) are considered one of the main strategies employed by firms to maintain a competitive edge and compete in the high-velocity global industry. This research field holds great promise as many facets are underexplored. Taking into consideration the growing interdisciplinary interest in M&A research, in this article, we performed content analysis in combination with the statistical procedure homogeneity analysis by means of alternating least squares (HOMALS) on 933 articles gathered from the Web of Science and Scopus databases. The quantitative analysis of the intellectual structure of cross-border M&A field yielded the six topics of interest for future research: acquisition versus strategic alliance or joint venture, partial purchase, the outbound acquisitions from emerging-market firms, micro-multinationals, the human side of cross-border acquisitions that tie in with the upper echelons research and knowledge management and transfer, in specific, tacit knowledge.
- The impact of cognitive reasoning on international entrepreneurial intentions: a multi-country studyPublication . Vlačić, B.; Gonzalez-Loureiro, M.; Braga, V.; Silva, S. Costa e
- Serial entrepreneurs: a review of literature and guidance for future researchPublication . Dabić, Marina; Vlačić, Božidar; Kiessling, Timothy; Caputo, Andrea; Pellegrini, MassimilianoLittle research has been conducted regarding serial entrepreneurship compared to entrepreneurship research more broadly, despite research that suggests that as many as 50% of all entrepreneurs are serial entrepreneurs. Entrepreneurship research shows that most new ventures fail, yet serial entrepreneurs continually exit previous ventures and start new ones. Our study explores 118 scholarly articles indexed in Web of Science and Scopus databases on serial entrepreneurship through multiple correspondence analysis. Through our analysis, we identify key areas for future research, explore and consolidate the theoretical foundations used, and provide a review of academic literature for future researchers to utilize. Our perceptual map has identified four key research areas that researchers should focus upon: heuristics in entrepreneurship, entrepreneurial capabilities, the entrepreneurial ecosystem, and technological development and resources.
- Immigrant entrepreneurship: a review and research agendaPublication . Dabić, Marina; Vlačićc, Bozidar; Paul, Justin; Dana, Leo-Paul; Sahasranamam, Sreevas; Glinka, BeataImmigrant entrepreneurship has become a phenomenon of global interest. This paper reviews existing immigrant entrepreneurship literature in order to map out the major streams of research and identify widely used theories, methods, and contexts. To do this, the authors have reviewed 514 articles from academic journals. This paper highlights the need for interdisciplinary approaches that transcend boundaries. The development and adoption of different theoretical frameworks, the use of multi-level methods, and the consideration of unexplored country contexts are among the authors’ recommendations for future research.
- The evolving role of artificial intelligence in marketing: a review and research agendaPublication . Vlačić, Božidar; Corbo, Leonardo; Silva, Susana Costa e; Dabić, MarinaAn increasing amount of research on Intelligent Systems/Artificial Intelligence (AI) in marketing has shown that AI is capable of mimicking humans and performing activities in an ‘intelligent’ manner. Considering the growing interest in AI among marketing researchers and practitioners, this review seeks to provide an overview of the trajectory of marketing and AI research fields. Building upon the review of 164 articles published in Web of Science and Scopus indexed journals, this article develops a context-specific research agenda. Our study of selected articles by means of Multiple Correspondence Analysis (MCA) procedure outlines several research avenues related to the adoption, use, and acceptance of AI technology in marketing, the role of data protection and ethics, the role of institutional support for marketing AI, as well as the revolution of the labor market and marketers’ competencies.
- Open innovation in the manufacturing industry: a review and research agendaPublication . Obradović, Tena; Vlačić, Božidar; Dabić, MarinaIn today's competitive world, globalization touches all industries. The open innovation (OI) paradigm has garnered increasing importance in academic research and industrial applications. Considering this interest, this paper aims to synthetize up-to-date findings, outline the intellectual structure of OI within the manufacturing research domain, and suggest a future research agenda. Building upon the content analysis of 239 articles indexed in Web of Science and Scopus databases, using homogeneity analysis by means of alternating least squares (HOMALS), this study reveals the theoretical underpinnings, research trends, and methodologies of this research field. Our analysis revealed that the study of sustainability, commitment-based human resource practices, and Industry 4.0 (I40) represent important future research streams for OI in the manufacturing industry. In collaborating throughout the supply chain, manufacturing firms could minimize production waste, ensure better working conditions, and adapt business models. In the “new normal” posed by the COVID-19 pandemic, it is more important than ever to study the effects of managerial competencies, employee training and development, and reward systems on open cultures in manufacturing firms. This study goes on to outline research opportunities in I40, particularly regarding knowledge exchange and technology transfer among partners and OI's influence on the adoption of I40 technologies.
- A state-of-the-art review on international strategic alliances: do we really know what we are researching?Publication . Silva, Susana C.; Elo, Maria; Larimo, Jorma; Vlačić, Božidar; Meneses, RaquelThis review explores recent literature on international strategic alliances (ISAs). Management of alliances requires a better understanding of different dimensions and components of ISAs and of their role. This review provides a state-of-the-art understanding of the concept using content analysis of 85 ISA articles. There is limited research on the concept of ISA and the components that affect the alliances’ formation, post-formation and outcome. We found notable inconsistencies in the ISA literature on the concept. This highlights the need for further structuration of the concept and the need to provide characterisation that is more coherent. This review presents implications for the definition and future research avenues for the concept, especially regarding the theory, context and the scope of ISA research. Finally, this study provides a state-of-the-art discussion that proposes critical viewpoints for future development of the concept of ISAs, their influential components and their application in research and international management.
- Marketing accountability and marketing automation: evidence from PortugalPublication . Silva, Susana C.; Corbo, Leonardo; Vlačić, Božidar; Fernandes, MarianaPurpose: The present study seeks to outline the role of marketing automation (MA) in measuring the return on marketing activities and the challenges associated with reaching accountability in marketing. Design/methodology/approach: To investigate the objective of the study, the authors adopted a qualitative approach, conducting an exploratory study among ten key informants located in Portugal. Findings: Based on the results of the qualitative analysis, a conceptual framework is proposed, which includes both strategic- and operational-level factors with the goal of creating a value-based agenda. In this agenda, executives such as the Chief Marketing Officer emerge as value creators, fostering business scalability, and further arguments are provided to justify budget allocation to MA activities. Originality/value: Through careful research of the elements that characterize the phenomenon under study, the present paper ultimately contributes to a better understanding of MA and accountability within the current business paradigm.
- Striving for cross-channel synergy: a study of SMEs in transition economyPublication . Dokić, Aleksa; Stojković, Dragan; Silva, Susana; Vlačić, BožidarThe extent to which SMEs in transitional economies ensure seamless shopping experience may make the difference between venture´s success or failure. In order to respond to increasingly demanding consumers, ventures in transitional economies are shifting from mono-channels to multi-channel strategies. As the ventures in transitional economies are characterised by limited resources and undeveloped marketing channels, the purpose of this study is to examine the role of organizational support in the pursuit for cross-channel synergy. Drawing on the data collected from 97 SMEs in Serbia we found that the higher levels of cross-channel synergy are achieved through direct support to omni-channel (integrated approach) and additional enchancment of offline channels. We further discuss why an additional support to offline channels rather than online channels is more prudent and provide fruitfull future research avenues.