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The article raises questions of the possible use of the capabilities of artificial intelligence in terms of contribution to the development of the digital economy. The current state of technological innovations in the field of artificial intelligence development is considered, a review of the directions of its application for the practical needs of participants in economic processes is carried out. The purpose of the work is to review solutions based on artificial intelligence that perform the tasks of increasing the innovativeness of business and the economy as a whole. The methodological basis of the study was the theoretical sources and fundamental concepts of research related to the business aspects of the application of artificial intelligence technologies. The empirical base of the study is represented by the materials of international organizations, information and analytical materials of national research institutions, official statistical materials of research agencies. The analysis shows that the introduction of artificial intelligence into the business processes of private companies increases their economic efficiency and competitiveness in the market, allows them to create products based on innovations with an increase in their quality and volume of production, ultimately acting as a breakthrough technology for the digital economy. The obtained results allow to identify artificial intelligence as the most important factor in digitalization and draw conclusions about the presence of promising areas for the application of artificial intelligence technologies in an innovative economy. [ABSTRACT FROM AUTHOR]

The research aims to know the extent to which Baghdad Soft Drinks Company practices the tools of green processing chain management in measuring sustainable performance in the work environment and the competition market for this economic unit, specifically the research was aimed at the industrial sector, the research was based on a sample consisting of Baghdad Soft Drinks Company, a joint stock industrial company listed on the Iraq Stock Exchange for the period between (2018-2019) selected by random sample method.The research problem focused on the extent to which the participating companies are able to adopt supportive mechanisms according to green supply chain techniques in order to support and enhance the sustainable performance of these companies by exercising their role related to green supply chain technologies such as purchasing raw materials for manufacturing and production, which must be environmentally friendly, or with little damage. Relative to the environment through its use or reuse by the company. The research used the sustainable performance chain as a dependent variable while the independent variable was the green processing chain, and the results of the research showed that the role of achieving the green processing chain is one of the contemporary, modern and important topics for economic units as it seeks to preserve the environment, especially after increasing global attention to environmental and social issues related to green sustainability and economic units. [ABSTRACT FROM AUTHOR]

The article focuses on how blockbuster projects on reward-based crowdfunding platforms affect the timing of new project launches. Topics include the impact of blockbuster projects on creators' strategic decision-making; the relationship between blockbuster presence and project launch delays; and the overall effect of competition from blockbuster projects on project timelines. The study finds that creators often delay their launches to avoid direct competition with successful projects.

With the assist of globalized technology, records, and fund, obstacles for the product, carrier production and ingesting were removed in anywhere. Nowadays, it's so every day that any form of enterprise shows up in everywhere of the arena in a quick time. Not is producing services or products now not the paintings of just some economies. The topic of the these days cutting- edge financial order is branding in place of production capability. In that context, branding is one of the maximum critical signs of the aggressive capacity these days. One of the maximum critical property of the groups is the brand price. So many companies take the gain of that value of their new products and services. So brand strategies are quite important problems. Nicely-designed techniques are going to provide benefits for the companies in opposition to their competitor within the compelling competition environment. On this examine logo and brand techniques are tested. [ABSTRACT FROM AUTHOR]

The outsourcing of value-added services (VAS) to third-party logistics providers (3PLs) has become a prevalent strategy in various industries, including the automobile sector. This paper explores the dynamics of outsourcing VAS to 3PLs specifically within the context of the automobile industry in the Pune region. Drawing on a comprehensive literature review, the study investigates the satisfaction levels of employees with the VAS provided by 3PLs and the challenges associated with such outsourcing arrangements. The research employs a quantitative methodology, utilizing Likert-based questionnaires to gather data from employees in the automobile industry. Statistical analyses reveal significant insights into employee satisfaction and challenges faced, shedding light on areas for improvement and strategic decision-making. The findings underscore the critical role of VAS outsourcing in enhancing operational efficiency and competitiveness while highlighting the importance of effective communication and coordination between companies and 3PLs. This study contributes to the existing literature by providing empirical evidence and practical implications for both industry practitioners and academic researchers. [ABSTRACT FROM AUTHOR]

The article is devoted to consideration of topical issues related to ensuring the existence of business and creating conditions for its sustainable development in the conditions of worsening crisis phenomena in both the economic and political spheres. The crisis significantly complicates the conditions of business existence, which requires special attention to the economic and social components of the possibilities of ensuring its sustainable development in the future. The combination of management concepts, aimed at ensuring the competitiveness of the enterprise due to the effective use of resources, with the creation of a socially responsible business is considered in the article as one of the possible solutions to the problems of ensuring the sustainable development of business in crisis conditions. [ABSTRACT FROM AUTHOR]

The purpose of this research is to find out how the Crude Palm Oil (CPO) development strategy can be applied and appropriate related to business competition against PT. Xyz Palm Oil (CNIS). Data collection methods used are interviews, image documentation and questionnaires. The analytical method used is by using SWOT analysis (Strengths, Weaknesses, Opportunities, Threats) where there are internal factors (IFAS) and external factors (EFAS) which will then produce a SWOT matrix which produces six SO strategies, four WO strategies, three ST strategies. And two WT strategies with a total of 15 alternative strategies to choose from. The alternative priority strategy decision-making method uses the QSPM (Quantitative Strategic Planning Matrix) method. From the results of the QSPM analysis, one strategy becomes a priority based on the largest total attractiveness value (TAS). The strategy that got the largest total attractiveness value (TAS) was strategy 1 (S-O), with TAS values 6.25, 6.34 and 7.65. [ABSTRACT FROM AUTHOR]

Corporate Innovation is a key success factor. But why is it so difficult to innovate and why do particularly large companies fail to renew themselves at a certain point? What we know is, that the perceived risk for innovation increases the more successful the company is. In this way many companies miss out new technologies, business models and service innovations. Missed external transformations can even bring the biggest players on the market into big troubles. On the other hand, we all know market leaders that dominate their competitive environments since decades and set new and innovative standards in the markets. They seem to have the appropriate prerequisites to read weak signals, to see opportunities and to use their financial power and their profound knowledge to come up with innovations. What distinguishes those two types of large companies? How do company size but also history, prior development, management standards, leadership approaches and many other factors determine the way they should innovate?. The current paper aims at investigating those success factors in theory and practice. [ABSTRACT FROM AUTHOR]

State-Owned Enterprises (SOEs) manage significant portion of world economy, including in the developing countries. SOEs are expected to be active and play significant role in improving the country's economic performance and welfare through enhancing innovation performance. Disruptive market and technology eventually affecting innovation process to be more challenging, complex, and costly. Closed innovation process and lack of collaboration hinders SOEs to reach satisfying innovation performance level, especially in Indonesia. Open innovation paradigm paves way to explore innovation beyond their own internal environment. SOEs need a systematic way in adapting and orchestrating their innovation processes in the context of innovation ecosystem to build competitive advantage through collaborative advantage in the midst of dynamic and complex environment. This paper explores the role of innovation ecosystem in the strategic entrepreneurship process of SOEs, of which is represented by dynamic capability framework, business model innovation, and collaborative advantage as a proxy for competitiveness. [ABSTRACT FROM AUTHOR]

The Government of Indonesia is trying to accelerate infrastructure projects to increase national economic growth. One of the infrastructure projects is the Trans Sumatera Toll Road (TSTR), built spans across Sumatera Island from the north to the southern part of the island, about 2,704 km. The developed connectivity is expected to increase regional economic growth and competitiveness on the island of Sumatera. This paper aims to identify the leading economic sectors in the region that the TSTR will pass by considering the northern part of Sumatera as the focus of the study. The location quotient (LQ) method was used to determine the leading economic sector in the province in the northern part of Sumatera by using the gross regional domestic product (GRDP). This study shows that regencies and cities in the Provinces of Nanggroe Aceh Darussalam and North Sumatera have the potential to contribute to regional economic growth, with the agriculture, forestry, and fisheries sectors in both provinces as the leading sectors. With the existence of TSTR, it is expected to be able to increase the regional economy by accelerating the mobility of goods from these leading sectors. [ABSTRACT FROM AUTHOR]

The article focuses on the impact of a company's perceived fit with artificial intelligence (AI) on its relative attractiveness and competitive edge in the consumer market. Topics include the influence of AI fit on consumer perceptions of company innovativeness, the role of commercial and social innovativeness in enhancing attractiveness, and the moderating effect of consumer trust on these relationships.

Business competition in the service sector in Indonesia makes the queuing model very important. This paper aims to find the optimal queuing model at the XYZ counter area service. The average customer arrival time in the ongoing XYZ model simulation with only one entry is 34.1 seconds. With three queue lines and three cashiers each accommodated with ten samples, the duration of service for each cashier independently is 61.4 seconds, 53.2 seconds, and 68.4 seconds. The number of customers served is 4 out of 16. This fact shows that this queue is not adequate for optimal service. The researchers made two simulation models for counter row reduction in this study. First, the researcher made two entries, four queue lines, and four counters. The number of customers served is 24 out of 67, which makes the first model has an effectiveness of 35.82%, which is more advanced than the effectiveness of the current model. Second, the researcher makes one entry, one queue line1, and one counter1. The number of customers served was 5 out of 16, making the alternative model 31.25% effective, which is also ahead of the current model. [ABSTRACT FROM AUTHOR]

In facing the challenges of dynamic business competition, resilient MSMEs can be influenced by entrepreneurial resilience and organizational resilience. The seller's smart proactive capabilities suceeded in bridging entrepreneurial and organizational resilience in resilient MSMEs, as well as the moderating effect of environmental turbulence of the relationship between the seller's smart proactive capabilities on resilient MSMEs, are investigated in this study. A total of 186 responses were collected through questionnaires and interviews from various MSME businesses. This study uses the SEM-PLS path analysis, with the seller's smart proactive capabilities as mediation and environmental turbulence as a moderator. The findings show that entrepreneurial, organization, and the seller's smart proactive capabilities can enhance and contribute directly to resilient MSMEs. On the other hand, environmental turbulence does not affect the relationship between organizational resilience and resilient MSME. The conceptual model can be a tool in determining how strong MSMEs are against internal and external variables. [ABSTRACT FROM AUTHOR]

Innovation is critical for a company’s competitiveness, but Hidden Champion’s (HCs) resource constraints complicate continuous innovation. Recently the interest in innovation support through information technology (IT) increased. Prior research depicts the general benefit of artificial intelligence (AI) during innovation. However, it omits an empirical evaluation of how AI can support the new product development (NPD) process of HCs. Research also ignores AI’s impact on prevailing innovation and technology acceptance frameworks. This study investigates if and how HCs can use AI in their NPD process to remain competitive and how established processes change. The explorative research and qualitative content analysis of semi-structured interviews from HCs, innovation, and AI experts indicates limited applicability of AI in the NPD process of HCs. Still, HCs can reduce development times using AI and should consider AI within products and for process optimization. Proposed adjustments to the TAM model and StageGate® framework are outlined. [ABSTRACT FROM AUTHOR]

The automotive industry is currently facing significant challenges as it undergoes a transformation due to technological advancements, social trends and environmental considerations. To stay competitive, companies must adapt their traditional business models. This study analyses fourteen successful and innovative business models from various industries to derive universally applicable principles for business model innovation using the Business Model Radar. This framework was developed based on the Business Model Navigator, the Four Actions Framework, and the Strategy Canvas. From this data and visual analysis, the key factors of each company’s business model were established, resulting in sixty key factors. Finally, a cluster analysis was used to identify similarities among these factors, and each cluster was abstracted to obtain nine principles for successful business model innovation that can be applied to companies within the automotive sector as well as across different industries. [ABSTRACT FROM AUTHOR]

The existence of elements of technology components to support the sustainability of the company's operations is essential for the company's ability to participate in business competition, especially business people who are members of small and medium business groups that still have limited access to meet the growing technological demand and are required to operate. Their business activities. So it must be able to know the ability of small and medium business groups to meet the required technological component elements as well as the technological component elements that have not yet been fulfilled in carrying out their business operations. In this research, a mapping of technology component elements, both those that have been met and those that have not been fulfilled in the business environment of small and medium business groups. The approach used is the Importance Performance Analysis method by comparing the values obtained between expectations and reality desired by 100 respondents of small and medium-sized businesses that are carried out randomly, especially for businesses based on traditional food processing businesses. Based on the results of the identification of technological component elements in the business environment of small and medium-sized businesses, it was found that the technology component elements of the Technoware and Orgaware groups match the operational business needs. While the Infoware and Humanware element groups must get development in order to be able to support business sustainability in small and medium business groups. [ABSTRACT FROM AUTHOR]

As one of the shoe companies in Indonesia, strong brand awareness will create a competitive advantage in the business competition that will enhance their reputation and credibility. There is a problem in the shoe company, namely shoes that have good quality designs and color combinations but many people are not familiar with the brand. Based on the analysis of marketing communication programs, companies have implemented seven of the eight categories of the marketing communication mix. However, the implementation of the marketing communication mix category was still not quite effective. This could be proven from the sales volume of the shoe company that experienced fluctuation and did not meet the sales targets. This study aimed to formulate a draft proposal for the improvement of marketing communication programs from the results of benchmarking for shoe companies. The benchmarking method was used to systematically adapt competitors best practices for the improvement of the company. The analytical hierarchy process tool was used to determine the competitors who became benchmark partners. This study formulates an improved design based on the comparison of best practices from marketing communication programs from selected benchmark partners that is Alternative A. [ABSTRACT FROM AUTHOR]

It has become a consensus in research that MSMEs significantly contribute to economic growth, especially in developing countries. The growth of small firms will encourage the development of a country because MSMEs absorb most of the workforce, thereby reducing unemployment. However, the Covid-19 pandemic has resulted in many businesses experiencing losses, including small businesses. One of the many efforts made by companies is to apply information technology and e-commerce because it can reduce costs and increase efficiency. This study aims to examine the effect of e-commerce and information technology on the performance of MSMEs. The research sample was 180 MSMEs owners in the province of Yogyakarta. The sampling technique used purposive sampling with criteria following Law No. 20 of 2008. To maximize the rate of return, the distribution of the questionnaire uses both offline and online methods. The results showed that e-commerce and information technology affected the performance of MSMEs. The implementation of e-commerce can increase market share and expand consumer networks. Meanwhile, the implementation of technology can accelerate the decision-making process so that the performance of MSMEs will be better. This research has implications for MSMEs owners to develop an understanding of information technology to survive in competitive business competition. In addition, support from the government is needed in providing various facilities so that MSME owners can take advantage of e-commerce easily. [ABSTRACT FROM AUTHOR]

The Covid-19 pandemic has forced every country in the world to make adjustments policy to support the acceleration of the recovery process in the economic sector. In the Indonesian context, the policy in adjustment is in the form of Relaxing of Competition Law Enforcement on business competition as regulated in KPPU Regulation Number 3 of 2020. Hence, several problems arise considering that KPPU has never had a precedent before in issuing the relaxation policy, and it is not regulated in Law No. 5 of 1999. Therefore, the relaxation of business competition law enforcement will raise legality issues. This article aims to provide legal considerations on how the relaxation of business competition law enforcement should be regulated in KPPU Regulation Number 3 of 2020 according to the provisions of higher laws and regulations and legal principles and legal concepts in business competition law in Indonesia. This study uses a normative legal research method that focuses on norms, legal principles/principles, and legal concepts that are analyzed based on established legal issues. This research approach is legislation and a conceptual approach. The legal materials used are primary legal materials and secondary legal materials. The main finding of this research is the existence of KPPU Regulation Number 3 of 2020 as the basis for relaxation of law enforcement which is not legally recognized in Law Number 5 of 1999. However, based on an emergency and public interest, this can be done without ignoring the existence of business competition law enforcement in general. The results of this study have implications for the emergence of exceptions in specific sectors in the context of business competition law enforcement as a result of the Covid-19 Pandemic in Indonesia. [ABSTRACT FROM AUTHOR]

The article is devoted to the reasons for improving and increasing the potential of the Northern Sea Route and the formation of the Northern Sea Transport Corridor. The reasons for the need to develop three gas hubs are substantiated: in the port of Murmansk, in the port of Petropavlovsk - Kamchatsky, in the port of Korsakov (Sakhalin Island). The difference of these gas hubs is considered because of special floating LNG terminals that can be moored to the gas berth of the port. Calculations have been made for the transportation of LNG along the Northern Sea Route from the port of Sabetta to the port of Korsakov. The indicators of economic efficiency and competitiveness of six ships carrying liquefied natural gas during extended and traditional navigation with different icebreaking assistance are given. [ABSTRACT FROM AUTHOR]

The causes of the increase in soybean commodity prices is due to scarcity on the supply side which is proven to be able to make the government to explore the problem and make it solution. The objective of this research is to find out the value chain of soybean production from upstream to downstream and to know the institutional model of soybean supply management. The results of the analysis using the value chain and SWOT indicate that the strategy for increasing soybean production towards soybean self-sufficiency is through simultaneous empowerment of all parameters of the production technology component so that the synergistic impact can be felt at the level of the farmer subsystem as a producer and the small processing industry subsystem as consumers and the community consuming processed products. soya bean. Changes in people's consumption patterns have placed soybeans not only as a source of vegetable protein, but also as a source of functional food and have high economic competitiveness. Soybeans have strategic value in increasing national food security in a sustainable manner. [ABSTRACT FROM AUTHOR]

Consumers will perceive the impression of professionalism in packaging that the product quality is relatively good. Packaging becomes an aspect that has an essential role for companies to implicitly explain the details of the products to be sold and as the main points that explain how consumers are interested in consuming because of the cognitive transformation process provided by packaging both in terms of color and other features. Packaging has a broader reach than advertising and differentiates it from competitors. Packaging promotes and drives purchasing decisions when purchasing and every time the product is used. Packaging with different sizes can expand a product to new target markets or help overcome cost barriers. This paper discusses packaging and consumer behavior in response to existing packaging. So far, almost all manufacturers when making packaging designs are only based on studies conducted by these manufacturers without any customer involvement. By understanding consumer behavior, it is hoped that in the future the packaging design created will involve consumers by paying attention to the aspects needed and desired by consumers. So that the packaging design that will be produced can further increase the value of the product and increase consumer interest in purchasing a product. [ABSTRACT FROM AUTHOR]

According to several studies, Business Process Outsourcing (BPO), a well-known strategy by companies which operates the non-core functions of a company, is experiencing a downturn in the industry according to the huge turnout of employee attrition which impacts the company's performance and competitiveness. Thus, the study aims to identify factors affecting employee retention in the Philippine BPO industry by integrating Job Embeddedness Theory utilizing Minitab 19 Statistical software to perform Multiple Regression Analysis. A self-administered questionnaire was distributed through convenience sampling, gathering 710 respondents at least 18 years old and currently/previously employed in a Philippine BPO company. Results show that Rewards and Recognition, Employee Engagement, Fit, Job Satisfaction are significant variables affecting employee retention among employees in the Philippine BPO Industry. The researchers have provided a strong model and important findings to easily understand the significant factors which will enable BPO companies in the Philippines to strategically position themselves by improving company policies to avoid unnecessary costs about monetary and performance-related setbacks. [ABSTRACT FROM AUTHOR]

Amid intense competition and fast market dynamics, companies must keep innovating to stay competitive. Hence innovative capability is critical. Through action research, this study aims to improve the innovative capability of a trucking company in Indonesia. A series of improvement actions, divided into five stages, have been performed from December 2021 to May 2022. The level of innovative capability is measured using a maturity model. Further, the values before and after the improvements are compared. The results showed an increase in the company's innovative capability. Hopefully, these findings will provide practitioners with valuable insights and serve as exciting triggers for further research. [ABSTRACT FROM AUTHOR]

Higher Education Institutions (HEI) in the Philippines try to adhere to various accrediting standards and qualifications as well as several quality assurance (QA) mechanisms locally and internationally, including the Philippine Quality Award (PQA) Criteria for Performance Excellence, which is modeled after Malcolm Baldrige of the United States of America. The PQA program is a worldwide competitiveness model that encourages and engages public and private sector organizations and other stakeholders to strive for and achieve performance excellence. The study investigated the compliance of selected Philippine HEIs on the PQA process categories, namely, categories 1- leadership, 2- strategy, 3- customer, 4- measurement, analysis, and knowledge management, 5- workforce focus, 6- operations focus (categories 1-6) and 7- results (category 7). It explored the first two categories of the leadership triad of the PQA, i.e., leadership and strategy, that emphasize the importance of 'leadership focus' on strategic planning. By looking at the differences in the level of compliance on PQA requirements when grouped according to HEIs' firmographic profile, it showed that the level of compliance of HEIs under the leadership requirement is consistently very high while strategy requirements are from high to very high. Readiness among the HEIs in terms of Level 1 PQA criteria is present, despite the non-submission for PQA assessment. To ensure full and sustainable quality assurance compliance, a continuous quality improvement plan was recommended to help senior leaders of the organizations improve compliance on basic, overall, and multiple requirements required by both categories of the PQA Criteria for continuous performance excellence. [ABSTRACT FROM AUTHOR]

Quality is innate in manufacturing value chains as it acts as a determinant for the level of desirability on the customer end. This is in terms of the level of satisfaction based on durability, performance, continuous improvement and the quality of product justifying the sale price. Total quality management is enriched with various methodologies and principles all focused on the level of performance, productivity, customer relations and service management. It is therefore very critical that for a country to improve on the purchasing manager index (PMI) and global competitiveness, the inherent aspects of quality should be enhanced and embraced as this can contribute to the level of domestic sales in the economy as well as the level of attraction in terms of products being sought in the export markets. South Africa currently has experienced a 12% decline in productivity in comparison to the 90's, this has become even worse in the covid-19 economy, whereby there is a 7% contraction in the overall sectors of economy. Currently industry across quarters is bleeding as a result of cheap imports from China and poor competitiveness within the local industry. The steel sector in one such sector that used to flourish but has suffered a downward spiral with the closure of key industry players such as Accelor Mittal. Currently there is a development of a steel master plan under way to address the current deficiency in the level of productivity, competitiveness and local content. The paper in its critical analysis will emphasize on the importance of total quality management philosophy, specifically the 5S methodology, Total Quality Management, and joint improvement tools being inherent within the industrial development incentive value chains as a motive and drive for greater productivity and global competitiveness. [ABSTRACT FROM AUTHOR]

The theoretical model of perfect business competition is designed based on five assumptions: atomicity of demand and supply, homogeneity of the product, free entry/exit in/from a branch of activity or on/from the market, market transparency, (with the fundamental assumption of the individual's rationality) and perfect mobility of production factors. The factorial analysis carried out for an economic agent from an Eastern European country highlighted the fact that the production function is homogeneous. For taking or not the decision to launch new products on the market with strict use in a dynamic environment (e.g. breaking strength greater than 200 daN/5cm), salinity of 0.5 - 20‰, with specific density, taking into account the existence of decision alternatives, uncontrollable future events (economic conditions, geopolitical instability, etc.). The numerical application, carried out, evidenced that the economic agent will launch the product on the market, regardless of whether or not there are competitors on the market, but 1 m² of composite material will be sold at an average price, in the situation where there is competition on the market. In the situation where there is no competition, will sell 1m² at the highest estimated production price. [ABSTRACT FROM AUTHOR]

In an increasingly competitive environment subject to uncontrollable risks, the continuity of organizations can be severely threatened, and the decision-making process takes place under circumstances of great uncertainty. Therefore, it is necessary to develop strategies and competencies that allow the business to thrive. Startups, particularly technology-based ones, are an essential source of innovation. However, several studies indicate that approximately 60% of Startups fail in the first five years of business. To succeed, startups need to develop skills that allow them to rapidly evaluate their decisions and options, and to identify what is vital for the survival of their business. Thus, organizational resilience becomes of paramount importance to those companies. The term resilience is used in different areas of knowledge, but all the definitions share common ground regarding the concept: it describes the ability of an element to return to its normal state after a period of stress and crisis. The main objective of this exploratory research developed in Portugal is to identify the resilience factors of technological Startups. It is also intended to contribute to the design and development of instruments which promote organizational resilience in technological ecosystems. The current research follows the case study methodology based on a sample of 10 technological startups collected from the Startup Leiria ecosystem (Portugal). The Startup Leiria is an incubator of startup ventures which makes it a prime source of data and knowledge. The main findings point out the necessity to develop agility skills in Startup ecosystems. It was concluded that resilient organizations are characterized by having the ability to anticipate, respond, adapt, and recover from a disruptive event. The uniqueness of this study concerns its contribution to stimulate data-driven discussions regarding the necessity to implement programs for the reskilling of Startups in the context of their ecosystems. [ABSTRACT FROM AUTHOR]

Thailand is implementing the Thailand 4.0 policy that aims to bring technology and innovation to build sustainable competitiveness for the private sector. However, in the context of SMEs, the ability to transfer technology from universities is still a limitation. The objective of this research is to identify the technology assistance needs of SMEs, as well as, to study the key factors that make the technology transfer successful in the context of collaboration between universities, government agencies and SMEs. The sample group of this research is 226 SME entrepreneurs participating in the Boost up New Entrepreneurs with Technology and Innovation Program carried out by The Office of SMEs Promotion and Thammasat University between 2019-2020. The research results indicated that to create sustainable competitiveness, SMEs need technology assistance in 4 areas: (1) enhancing digital marketing capabilities, (2) developing product innovations, (3) raising product standards, and (4) improving production efficiency. In addition, this research also indicated that the technology transfer success factors for SMEs has 3 key elements: (1) a technology transferor who stands out for collaboration between researchers and business consultants, (2)atechnology transferee who has key characteristics of entrepreneur orientation and absorptive capacity of SMEs, and (3)the technology characteristics which can be connected to the original business processes of the organization which is a technology that gives SMEs’ products uniqueness that is difficult for competitors in the market to copy. [ABSTRACT FROM AUTHOR]

The Job Creation Law changes several provisions in the investment sector, including licensing issues that must now be based on the level of risk of their business activities. This change also has implications for the electronic systems used as the vanguard of investment licensing in Indonesia. If previously used is the Online Single Submission System Version 1.1 since 2018, now with the existence of the Job Creation law, it has been transformed into an Online Single Submission Risk-Based Approach (OSS-RBA). The licensing system with OSS-RBA is not only used by domestic investors but also by foreign investors. The OSS-RBA system hopes to reduce Indonesia's ICOR (Incremental Capital Output Ratio), which will lead to increased economic competitiveness so that investment in Indonesia is identified efficiently. OSS-RBA brings hope for increased investment in Indonesia. Until now, there is still a need for further socialization and improvement of the RBA OSS System. OSS-RBA brings hope for increased investment in Indonesia. Until now, there is still a need for other socialization and improvement of the RBA OSS System. This ensures that the system is integrated and synchronized with relevant agencies in the licensing process for investors. If the system is ready, then investors can use OSS-RBA according to its function. [ABSTRACT FROM AUTHOR]

The sports footwear industry has a fierce competition within because of the consumers are price-sensitive. Footwear products is one of the most profitable sections in the sports industry company compared to the other section. Nowadays, as consumers have access to the information needed, they become more selective in selecting products. Companies have to develop a strategy to make their products stand out compared to their competitors. This paper chose Nike and Adidas as the object of study as they are two of the biggest companies in the sports footwear industry. The findings of this study showed that both Nike and Adidas implemented strategies constantly improve their financial performance and increased their revenue from footwear products. [ABSTRACT FROM AUTHOR]

The CCovid-19 pandemic makes a huge impact on every business sector all around the world, including the culinary business in Indonesia. As a primary sector, before the outbreak happened, the culinary business competition was very tight. Therefore, it becomes more difficult for the culinary business actors to survive and sustain their businesses due to the pandemic. A bbrownies shop in Tegal City, Indonesia launched several product innovations as a response to this condition. However, some of them were not successful. On the other hand, its sales from 2020 to 2021 were growing. Hence, this study is conducted to examine the impact of product innovation on the purchase decision in this shop. The most influential dimension of product innovation to the purchase decision is also discovered. To gather the data, questionnaires are distributed to 342 customers by using the purposive sampling method. After conducting a validity, reliability, and classic assumption test, descriptive analysis, and a simple linear regression test are utilized to analyze the data. At the end of the data analysis step, the hypothesis test is conducted by using the t-test and followed by the coefficient of determination test. It is found that product innovation has a positive and significant effect on the purchase decisions of the brownies shop consumers with a value of 79.5 percent. Further study is expected to conduct a factor analysis to find out other variables besides product innovation that can influence the purchase decision. [ABSTRACT FROM AUTHOR]

This study aims to examine the effect of Product Market Competition(PCM), research and development on company value, in this study, the researchers used a sample of companies moving in the pharmaceutical and health sectors that are listed on IDX period 2018-2020. The number of pharmaceutical and health companies used for the samples in the study are 3 years of data from 10 companies, the total sample of the study was 30 financial statements, and stock prices. The research method used are purposive sampling. Hypothesis tested on this study used multiple linear regression analysis using the Version 25 SPSS Software. The results of this research indicates that Product Market Competition and Research and development has a significant effect on company value. [ABSTRACT FROM AUTHOR]

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In this study, we explore how firms determine production and remanufacturing strategies considering knowledge spillover, which is unavoidable in nowadays remanufacturing systems in practice. The remanufacturing system considered in this study consists of an original equipment manufacturer (OEM) and a third-party remanufacturer (TPR). The OEM produces and sells an innovative product for which the innovation-knowledge cannot be directly observed by the TPR. Thanks to the spillover of OEM's general knowledge about product design and production his remanufacturing processes, the TPR not only remanufactures used products but also produces new products under his own brand. He sells remanufactured and new products in the same market as the OEM. In response to the potential market share cannibalization from TPR's products, the OEM collaborates with the TPR by granting the latter a remanufacturing authorization. The spillover of OEM's innovation knowledge takes place under this cooperation. In examining the effect of general and innovation knowledge spillover on two firms' production and cooperation strategies, we consider two scenarios in this study, including i) pure competition and ii) remanufacturing authorization cooperation. We develop and analyze several game theoretical models. Our results highlight the conditions under which the TPR engages in new product production without remanufacturing in pure competition and cooperation scenarios. An interesting finding is that although innovation-knowledge spillover motivates the TPR to engage in new product production and weakens the competitiveness of OEM's products, both firms can be better off when compared to the pure competition scenario. Moreover, both consumer surplus and environment can be improved by remanufacturing authorization cooperation. [ABSTRACT FROM AUTHOR]

The purpose of this article is to investigate the innovative development of Ukrainian agricultural enterprises in the context of the Fourth Industrial Revolution. The article presents the organizational and economic mechanism of innovative provision of competitive development of agrarian enterprises on the basis of the Fourth Industrial Revolution through inter-sectoral integration and development of digital agriculture to stimulate the diffusion of innovations, the implementation of the program of innovative entrepreneurship in the countryside, the formation of a symbiotic-complementary system of activation of technological and managerial innovations. It is proved that the basis of organizational and economic mechanism of innovative investing is creation of favourable business environment for realization of innovation-investment projects by agricultural enterprises, stimulation of integration of scientific developments and results of strategic management into production, formation of market competitive advantages in the long run. It is proved that the development of agrarian enterprises in Ukraine occurs under the conditions of radical economic changes aimed at strengthening the economic management methods and innovative component of their functioning. The aim of such transformation is to achieve economic growth and balance of functioning; ensuring the organic combination of the interests of business entities; transformation of scientific and technological progress into the main factor of economic growth; creation of conditions for realization of consumer priority in economic relations. Innovative changes in the functioning of agricultural enterprises contribute to the solution of the issues of technological and technological renewal, innovation-marketing development and economic growth.Increasing the competitiveness of enterprises in the agrarian sector of the Ukrainian economy, their timely adaptation to changes in the competitive environment, the formation of sustainable competitive advantages based on the most complete alignment of strategic capabilities of enterprises with internal potential and unused reserves, maximal synergies of the efficiency of work in a competitive market are also directly dependent on the technological renewal and diffusion of innovation.Taking into account the contradictions of the Fourth Industrial Revolution, it can be concluded that mankind can be saved from the stagnation only by collective mind which is capable to transform the absence of work and reduction of human's employment into means of social and personal development. [ABSTRACT FROM AUTHOR]

The current green and digital transitions as well as demands arising from the global competitiveness targets set European industry in a challenging position. Simultaneously, the pandemic has limited our possibilities for traditional face-to-face collaboration, and many new ways of working are here to stay. The services and platforms offered by university-based research and innovation infrastructures are often lacking the point of view of other stakeholders' interests. Nor do they emphasise new initiatives towards more effective and collaborative innovation management actions targeting for example business opportunities and commercialization. In this paper we present a Digital Playbook approach facilitating the process to plan and pre-segment the standard service pathways for the benefit of more effective valorisation of research and innovation infrastructures. Embedding the digital tools into the process enables a larger number of innovators to be engaged and thus cultivates a prospective and creative innovation environment. [ABSTRACT FROM AUTHOR]

This study aims to understand the tourists' perception about the city of Braga (Portugal), bearing in mind four explanatory dimensions for choosing a destination - Destination's Loyalty; Destination's Identity; Destination's Competitiveness and Destinations' Image. This approach introduces a multidimensional concept of a tourist destination as a relationship between tourists and the places they visit. A cross-sectional study was conducted based on the administration of a structured questionnaire to a sample of 220 non-resident tourists in the city of Braga. Hypotheses were tested using Partial Least Squares and confirmed the four explanatory dimensions as variables impacting in the visitors' perceptions of this tourist destination. Results suggest that some demographic variables have a statistically significant effect on the perception of this touristic destination. This study brought to the discussion four explanatory factors of tourist destinations, focusing on the city of Braga. It provides clear insights on what to consider when strategically planning on how to make or keep Braga as an interesting place for tourists to visit and keep coming back. [ABSTRACT FROM AUTHOR]

Incorporating smart tourism into development priorities is the key aspect for tourism destinations and therefore, it should be approached accordingly. In theory, smart tourism development is considered as a factor in achieving sustainable competitiveness of tourism destinations. The application of smart destination shifts the destination development; however, the progress is under-researched so far. The efficient destination management requires tools for measuring smart tourism development. For that reason, the aim of this paper is to apply the methodological framework for measuring smart tourism development in a selected Slovak destination (the Banská Bystrica region). We have applied the methodology based on the Valencian Network of Smart Destination Indicators. The methodology was adapted to the availability of the input data at a regional level in Slovakia and tested in the Banská Bystrica region (NUTS 3). The obtained findings reveal that the Banská Bystrica region is aware of the need to implement smart solutions to improve the quality of life in the region for its residents, as well as visitors. The paper provides recommendation on what data needs to be collected and how these data can be obtained at a regional level in order to assess smart tourism development. The research conducted has further applicability in different destinations and on different levels. However, it is limited by the availability of the input data, which can determine the applicability of the indicators in Slovakia. [ABSTRACT FROM AUTHOR]

Events are important drivers of attractiveness for tourist destinations. All types of events represent an opportunity for projection for the territory where they are developed. The holding of events has been a strong strategic bet to boost tourism and local economies. The impacts arising from the events affect not only the local community, but the entire territory. Therefore, the events sector has been playing a fundamental role in terms of the attractiveness and competitiveness of tourist destinations. The contribution is notable above all in the impetus given to the creation and development of new tourist products seen as a necessity for the holding of events and the territory where they are held. The development of events leads to investment in spaces conducive to practices associated with the realization of events and the improvement of infrastructure conditions, ending up being catalysts for a "territorial renewal". It can also lead to awareness of the protection of heritage resources through the promotion of cultural and tourist activities that design these spaces, contributing to a greater knowledge and attractiveness of these resources. In this sense, we intend to present a case study related to the event - "Wakeboard Open Days". Event related to nautical tourism and carried out geographically in the Central region of Portugal and in a territorial scope linked to the river Zêzere, Medio Tejo. The main objectives of this study are the approach to wakeboard combined with nautical tourism and the verification of the impacts of this practice in the territory where the event is held. To achieve both objectives, a quantitative analysis was carried out. From the preliminary results, some reluctance on the part of residents about knowledge of the wakeboard modality is identified, with practical implications for verifying social impacts, among others. Therefore, there is a need for greater interaction between all managers of the territory to increase the quality of the nautical tourist offer. This study will contribute to a greater perception of the need to expand knowledge about the impacts of this event on the territory, valuing it through fluvial-nautical practice. [ABSTRACT FROM AUTHOR]

Offering product-service systems instead of technical products is one way for companies to achieve a competitive advantage and stay viable in the future. This paper presents a workshop series created in cooperation between a manufacturer of wood processing production lines and a research institute for engineering design to develop PSS concepts for a plant. Using the finger jointing line as an example, the progress and results of the workshops are presented. Furthermore, it is discussed whether the workshop series is transferable to other products and industries. [ABSTRACT FROM AUTHOR]

The South African banking market has been largely dominated by the big four traditional banks i.e. FNB, ABSA, Standard Bank and Nedbank, prior to the implementation of digital banks. The introduction of these new entrants has meant the domination is starting to cease as many of the consumer and small & medium enterprise companies that banked with traditional banks are migrating to these entrants. This is because of the affordable pricing options and contextual solutions they offer, which are enabled through the use industry 4.0 technologies. With this in mind, a qualitative study was conducted to unpack what the commercial segment of a particular bank, Bank A, can do to bridge the digital divide opened by digital banks. The study concluded that Bank A should accelerate the adoption of industry 4.0 technologies to drive operational efficiencies and cost reduction, optimize business processes, apply agile project delivery methodologies to market solutions quicker than their competitors. This could be achieved by implementing a hybrid core banking application to enable the bank to adopt a progressive modernization strategy by using the best of legacy core system coupled with the new core banking application and collaborating with fintech companies to drive contextual solution delivery. [ABSTRACT FROM AUTHOR]

Hybridization of concentrated solar power (CSP) plants with dispatchable fuels allows flexibility in plant operation that improves the economic competitiveness of CSP. This study assesses the impact that plant location and design solar multiple have on the thermodynamic performance and levelized cost of hybrid CSP plants employing flexible heat integration (FHI). Flexible heat integration is a systems-level operation concept where the collection temperature and integration of solar energy within a CSP plant shift in response to off-design and variable solar irradiance. The study involves three locations that demonstrate varying amounts of solar energy each year: Salt Lake City, Utah; Reno, Nevada: and Las Vegas, Nevada. Further, the performance is studied at solar multiple values of 1.6, 1.8, and 2.0, and FHI operation is compared to the more rigid base-level hybrid and standalone CSP schemes. The results show that hybridizing can drastically improve solar-to-electric efficiency (ηSTE) and levelized cost of electricity (LCOE) at all locations relative to standalone CSP operation. In Las Vegas, for instance, FHI operation exhibits an ηSTE of 14.1% at a solar multiple of 2.0, which is drastically improved from the ηSTE of 12.3% demonstrated there by a standalone CSP system. The relative improvement from FHI is more drastic in Salt Lake City, with the ηSTE improving from 10.9% to 13.2%. Likewise, the LCOE of the base-level hybrid plant at Salt Lake City is significantly lower at $122.3/MW with a solar multiple of 1.6 whereas the equivalent standalone CSP plant demonstrates a levelized cost of more than $260/MWh. The LCOE of the hybrid plant with FHI increases slightly to $124.3/MWh due to a more complex thermal energy storage system despite lower annual fuel costs due to improved solar-to-electric efficiency, which corresponds to higher solar fractions, or solar shares. The results here imply that hybridization can improve the economic potential of CSP systems outside of the current geographical deployment of CSP plants. [ABSTRACT FROM AUTHOR]

The article focuses on presenting a conceptual framework that examines how negative celebrity endorsements can impact competitors stock prices. The study explores the main effects of such endorsements on competitors firm value and considers moderating factors such as sponsor firm actions, ambush marketing strategies, and competitor market share.

The text is a preface to the "Advances in Polymer Technology 2023 Proceedings of the 2nd International Symposium on Plastics Technology." The symposium, held in Aachen, Germany in September 2022, focused on advancements in plastics technology. The volume contains selected papers from the event, which highlight the importance of scientific research in the face of rapid technological change. The papers cover a range of topics, including material research, process innovations, and algorithmic optimization, with the goal of driving technological change in the plastics technology industry. The preface is written by Prof. Dr.-Ing. Christian Hopmann and Prof. Dr. rer. nat. Rainer Dahlmann. [Extracted from the article]

The culinary business is one of the creative businesses rapidly growing in Indonesia. With the high level of competition, every business tries to offer their unique taste, unique and memorable experience. The founder established the food business, namely Dorikan, for potential customers to answer the important level of competition, demanding customers, and various desires and interests of customers. This study conducts with action research approach by applying the word-of-mouth strategy to Dorikan's business to increase Dorikan's business performance. The study results show that the word-of-mouth strategy in social media can increase the percentage of Dorikan's food business performance, such as increasing awareness by 22.2%, conversation by 72.2%, and sales by 28%. This study implies that SMEs can consider the word-of-mouth strategy that fits their target market's specific characteristics to increase the business performance. [ABSTRACT FROM AUTHOR]