It has become a burgeoning trend for the innovation paradigm to shift fromproducer-dominant to non-producer centric. Based on a critical review of the non-producer innovationliterature, we identified several limitations of existing non-producer innovation paradigms-grassrootsinnovation, free...

Innovation scholars highlight the economic benefits to firms, while research findings on the relationship between innovation output and economic returns remain mixed. In this study, we develop the profiting from innovation (PFI) framework and address the crucial role of financial constraints in...

In this study, we develop a dynamic system model that exhibits only one stable solution (sink) to analyze the impact of various factors on low-carbon transition, including policy implications, energy consumption, and energy capacity. Our aim is to provide policy recommendations based on the...

This study proposes a social-financial approach (SFA) to fill the methodological research gap in strategic policy design for managing financial transitions during social changes. The SFA seeks to characterize inclusive transitions in response to innovation and analyze financial management in...

Market policies play a crucial role in facilitating the transition to a low-carbon society by restructuring the electricity market and influencing stakeholder behavior. Policymakers are concerned with how to implement these policies in terms of their intensity, combination, and timing. However,...

In this article, we study the cautions needed when applying the Disruptive Innovation Theory, a framework formulated in the developed world, to innovation management in developing countries. We discuss four perspectives: Terminology, Asian Context, Aspect of the Logic of "Sufficient But Not...