Co-evolutionary coupling leads a way to a novel concept of R&D : Lessons from digitalized bioeconomy
Naveed, N., Watanabe, C., & Neittaanmäki, P. (2020). Co-evolutionary coupling leads a way to a novel concept of R&D : Lessons from digitalized bioeconomy. Technology in Society, 60, Article 101220. https://doi.org/10.1016/j.techsoc.2019.101220
Published inTechnology in Society
© 2019 Elsevier Ltd.
Given the increasing role of research and development (R&D) in competitive markets in the digital economy while confronting the dilemma between R&D expansion and a productivity decline, transformation of the R&D model has become a crucial subject for global digital leaders. The authors of this paper postulate that neo open innovation harnessing the vigor of external innovation resources which then developed into a new concept of R&D that self-transforms during an R&D process initiated by Amazon by coupling with users. The authors further develop these postulates by proposing the embedding of a growth characteristic identical to biological coupling. An empirical analysis focusing on the forefront endeavors of global bioeconomy firms and also by Amazon was conducted. A notable endeavor toward a circular economy initiated by its global leader UPM- Kymmene Corporation (UPM) demonstrated the significance of a coupling effect with downstream digital commerce leader Amazon. This effect can be attributed to harnessing the function of the growth characteristic identical to biological coupling through co-evolution of the dual coupling of bioeconomy and digitalization and of upstream and downstream operations. This co-evolutionary coupling is expected to provide a novel concept of R&D that grows its function in a self-propagating way during the R&D process. An insightful suggestion supporting to a novel concept of R&D in the digital economy is thus proposed. ...
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Related funder(s)Academy of Finland
Funding program(s)Strategic research programmes, AoF
Additional information about fundingThe research leading to these results is part of a project titled, “Platform Value Now: Value capturing in the Fast Emerging Platform Ecosystems,” supported by the Strategic Research Council at the Academy of Finland [grant number 293446].
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