Behavioural strategies for selecting innovation projects. When financing new innovations, everyone wants to back a potential winner. However, not spotting a winning project and letting opportunity to innovate pass, has significant negative consequences. This project will analyse how design thinking by senior executives and investors can boost innovation by not rejecting a good project.
Towards the health care system of the future: The role of institutional entrepreneurship in service redesign and innovation. The reform of healthcare systems presents one of the most pressing and fundamental challenges for nations such as Australia. To date, hospital redesign and innovation initiatives have had limited impacts and outcomes at a system level with improvements limited to discrete areas. The aim of this inter-disciplinary research is to promote the scaling up of such initiatives to ....Towards the health care system of the future: The role of institutional entrepreneurship in service redesign and innovation. The reform of healthcare systems presents one of the most pressing and fundamental challenges for nations such as Australia. To date, hospital redesign and innovation initiatives have had limited impacts and outcomes at a system level with improvements limited to discrete areas. The aim of this inter-disciplinary research is to promote the scaling up of such initiatives to have systems-wide outcomes. The research aims to address institutional constraints and organisational factors and will develop practical frameworks, processes and resources. These intend to enable hospitals to develop organisational and leadership capacities to ensure investments in redesign and innovation have ‘whole system’ economic and healthcare benefits.Read moreRead less
Innovation and dynamic networks in project-based firms. Innovation is central to Australia's future prosperity but many commentators have bemoaned national performance in 'obvious' indicators of innovation such as R&D spending and patents. We argue that a lot of innovation in Australia is actually hidden in the business of projects. To compete in the international economy it is vital to know how to manage innovation in this context. The proposed research will use new methods in network analysis ....Innovation and dynamic networks in project-based firms. Innovation is central to Australia's future prosperity but many commentators have bemoaned national performance in 'obvious' indicators of innovation such as R&D spending and patents. We argue that a lot of innovation in Australia is actually hidden in the business of projects. To compete in the international economy it is vital to know how to manage innovation in this context. The proposed research will use new methods in network analysis to show how firms can be better structured to encourage innovation.Read moreRead less
The logic of market-creating innovations. The project seeks to provide theoretical insight and empirical evidence on the behavioural determinants of companies and executives that lead to market-creating growth. The question of how to support economic growth through innovation has drawn much attention and debate because Australian companies underperform in delivering value creation from new innovations. This project plans to test a model of growth based upon companies' changes to routines and res ....The logic of market-creating innovations. The project seeks to provide theoretical insight and empirical evidence on the behavioural determinants of companies and executives that lead to market-creating growth. The question of how to support economic growth through innovation has drawn much attention and debate because Australian companies underperform in delivering value creation from new innovations. This project plans to test a model of growth based upon companies' changes to routines and resource configurations as they create actions to prove a new hypothesis, rather than to confirm what markets already know. The model will involve policies that executives may find beneficial in building up their companies’ capabilities in sensing and seizing options for growth before the market logics of those options have been proven elsewhere. Developing such capabilities could boost the rate of market-creating innovations arising from Australian research.Read moreRead less
A cross-national comparison of novel market-pull technology transfer programs which facilitate research organisation commercialisation through dynamic SMEs. This research will contribute to a more competitive and innovative economy in two ways. First it will provide a basis for improved public policy to stimulate technology uptake by small business, which is critical for small business growth and innovation. Second, it will identify innovative policies to facilitate the uptake of university rese ....A cross-national comparison of novel market-pull technology transfer programs which facilitate research organisation commercialisation through dynamic SMEs. This research will contribute to a more competitive and innovative economy in two ways. First it will provide a basis for improved public policy to stimulate technology uptake by small business, which is critical for small business growth and innovation. Second, it will identify innovative policies to facilitate the uptake of university research, to enhance the contribution of universities to the economy. The proposed research is original because it focuses on the way in which the technology needs of small firms can be met by existing university knowledge and technologies. Prior research on technology transfer focuses on pushing university research out to industry through university spin-offs or university and large firm linkages.Read moreRead less
Managing the risks of cross-sector R&D collaboration. One of the most interesting and dynamic forms of cross-sector R&D collaboration in Australia occurs through the Cooperative Research Centre (CRC) Program. This study investigates how collaboration and 'risk' is managed among CRCs and their partners. It is pioneering research bringing two aspects of cross-sector collaboration into a single, longitudinal study. The study will produce new knowledge concerning: management processes in cross-secto ....Managing the risks of cross-sector R&D collaboration. One of the most interesting and dynamic forms of cross-sector R&D collaboration in Australia occurs through the Cooperative Research Centre (CRC) Program. This study investigates how collaboration and 'risk' is managed among CRCs and their partners. It is pioneering research bringing two aspects of cross-sector collaboration into a single, longitudinal study. The study will produce new knowledge concerning: management processes in cross-sector R&D, organisational change and the impact of sustained collaboration on partners, and the role of public policy on collaborative R&D in Australia.Read moreRead less
The social network antecedents and performance outcomes of service innovation. Service innovation is vital for organisations in creating and sustaining customer value in a knowledge-based economy. To enhance our understanding of service innovation, this project examines the role of social network factors and the conditions by which service innovation contributes to firm performance.
Innovation in Australian mid-market firms: The critical role of leader cognition. The innovation literature has focused on innovation in large corporations and small entrepreneurial firms, ignoring medium-sized firms. With a rare opportunity to work with a partner organisation on a range of mid-market firms, the project aims to focus on the unique theoretical aspects of innovation in medium-sized firms. The project’s investigation addresses critical gaps in the innovation strategy literature and ....Innovation in Australian mid-market firms: The critical role of leader cognition. The innovation literature has focused on innovation in large corporations and small entrepreneurial firms, ignoring medium-sized firms. With a rare opportunity to work with a partner organisation on a range of mid-market firms, the project aims to focus on the unique theoretical aspects of innovation in medium-sized firms. The project’s investigation addresses critical gaps in the innovation strategy literature and contributes to a nascent literature on the microfoundations of organisational outcomes. Specifically, the project focuses on how leader cognitions drive the intensity and type of innovation and influence the performance consequences of innovation. The project also aims to provide practical prescriptions to medium-sized firms in Australia.Read moreRead less
Boards of directors and the governance of emergence risk. Australian firms systematically under-invest in innovation and other future-oriented activities. An underlying premise of this research is that, in part, this is because they do not systematically include emergence risk in their governance activities. If we find that this is the case, one impact of this research will be to contribute to a rethinking of the roles and practices of boards of directors. A consequence of this will be that A ....Boards of directors and the governance of emergence risk. Australian firms systematically under-invest in innovation and other future-oriented activities. An underlying premise of this research is that, in part, this is because they do not systematically include emergence risk in their governance activities. If we find that this is the case, one impact of this research will be to contribute to a rethinking of the roles and practices of boards of directors. A consequence of this will be that Australian corporations will become more competent in the management of innovation and other future-oriented activities. Read moreRead less
Technology and innovation management in high risk situations. The value of Australian bulk commodity exports and container imports is expected to double from $400 billion to $800 billion by 2020, placing considerable pressure on port waters. This project will examine the challenge whereby port operators are both encouraged to take risks to innovate but are constrained by the consequences of risk.