Journal of Technology Management & Innovation
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Startup Success Prediction with PCA-Enhanced Machine Learning Models
Full text linkThis study evaluates the effectiveness of various machine learning algorithms in predicting startup success and explores the performance improvement achieved by applying Principal Component Analysis (PCA) to the models. By analyzing logistic regression, support vector classifier (SVC), XGBoost, and other supervised learning algorithms, the study demonstrates that PCA enhances the generalization performance of most models. Notably, Support Vector Classifier (SVC) showed an accuracy of 0.78, precision of 0.83, recall of 0.73, and F1 score of 0.74 without PCA, but performance significantly improved with PCA, recording an accuracy of 0.90, precision of 0.90, recall of 0.89, and F1 score of 0.89. Academically, this research contributes to the literature by examining how dimension reduction can boost the accuracy of machine learning models for startup success prediction, providing a valuable intersection of machine learning and venture capital studies. Practically, it offers investors AI-driven decision- making tools to enhance the precision of investment evaluations and better identify startups with high growth potential. Despite its contributions, this study is limited by the specific dataset used, suggesting that future research could explore various datasets and alternative dimension reduction techniques. Future studies could also assess real-time data application and incorporate deep learning models to improve predictive performance in startup success evaluation
Profitability, Customer, Operations, And Logistics Management in MSMEs During The COVID-19 Pandemic
Full text linkThis study analyzes the effects of customer management and operations/logistics management with suppliers on the profitability of micro, small, and medium enterprises (MSMEs) during the COVID-19 health crisis in Costa Rica. The researchers collected data between February and May 2021 and used a multinomial regression model to test their theoretical model. The results indicate that higher perceived problems in customer-firm relationships and operations/logistics management significantly impact the profitability of MSMEs. Notably, small and medium enterprises are more affected in terms of profitability than microenterprises when facing more significant issues in customer management. The study underscores the importance of enhancing operational capacity during crises and highlights the need for managers to acquire new competencies to face future adverse scenarios
The Determining Factors in the Implementation of Industry 4.0 in Argentine SMEs
No full textThe I40 represents a new paradigm in the production of goods and services of companies, through the unification of digital technologies and the Internet with conventional industry. The objective of this work is to analyze the determinants of the implementation of the I40 in SMEs. In particular, we study the effect on implementation of factors such as size, sen-iority, gender, level of technical training of management, the presence in the SME of an internal I40 manager and whether it is a family business or No. To this end, an attempt was made to develop an empirical study based on a sample of 1,142 Argentine SMEs. As a methodological strategy, a model was defined to be developed in two stages. In the first, a confirmatory factor analysis was proposed to determine the latent variable: I40 per com-pany, and in the second, a linear regression model was developed based on the variables chosen as probable determinants. The main results allow us to affirm that the age and size of the organization can have a favorable implication for the incorporation of I40 tools. We also found a positive association between the male sex of management, the manager\u27s training in related technical issues and the presence of an internal person responsible for the digitalization process, in the implementation of technologies associated with the I40. At the same time, we do not find. a significant relationship between the implementation of the I40 model and the family business. The conclusions may be useful for directing public promotion policies on the youngest and smallest companies and facilitating their possibili-ties of incorporating the new production paradigm, as well as the formulation of policies with a gender perspective.La I40 representa un nuevo paradigma en la producción de bienes y servicios de las empresas, mediante la unificación de las tecnologías digitales y el internet con la industria convencional. El objetivo de este trabajo es analizar los determinantes de la implementación de la I40 en las pymes. Estudiamos en particular, el efecto en la implementación, de factores tales como el tamaño, la antigüedad, género, nivel de formación técnica de la gerencia, la presencia en la pyme de un responsable interno de I40 y si se trata de una empresa familiar o no. Para ello, se procuró desarrollar un estudio empírico a partir de una muestra de 1.142 pymes argentinas. Como estrategia metodológica se definió un modelo a desarrollar en dos etapas, en la primera se propuso un análisis factorial confirmatorio para determinar la variable latente: I40 por empresa y en la segunda, se elaboró un modelo de regresión lineal en base a las variables elegidas como probables determinantes. Los principales resultados, nos permiten afirmar que la antigüedad y el tamaño de la organización pueden tener una implicancia favorable para la incorporación de herramientas de la I40. Encontramos también una asociación positiva entre el sexo masculino de la gerencia, la formación del gerente en las cuestiones técnicas relacionadas y la presencia de un responsable interno del proceso de digitalización, en la implementación de tecnologías asociadas a la I40. Al mismo tiempo no encontramos. una relación significativa entre la implementación del modelo de la I40 y la empresa de familia. Lo concluido puede resultar útil para el direccionamiento de las políticas públicas de fomento sobre las empresas más jóvenes y las más pequeñas y la facilitación de sus posibilidades de la incorporación del nuevo paradigma de producción, como así también la formulación de políticas con perspectiva de género
Industria 4.0 en la Pyme: Management & Technology Número Especial
Full text linkLa Industria 4.0 (I4.0) representa una revolución tecnológica que promete transformar diversos aspectos de la sociedad y la economía.Esta revolución se caracteriza por su capacidad para proporcionar información valiosa que permite a los sistemas de producción generar un valor industrial de manera inteligente, autorregulada y conectada. Esto se logra a través del uso de tecnologías digitales avanzadas para la recolección de datos en tiempo real, lo cual facilita la transformación de los procesos empresariales, las cadenas de suministro y los modelos de negocio. La I4.0 no solo promueve la eficiencia y la productividad a largo plazo, sino que también aborda desafíos críticos como la urbanización, la conservación de recursos y la energía, y el crecimiento demográfico.La Industria 4.0 (I4.0) representa una revolución tecnológica que promete transformar diversos aspectos de la sociedad y la economía. Esta revolución se caracteriza por su capacidad para proporcionar información valiosa que permite a los sistemas de producción generar un valor industrial de manera inteligente, autorregulada y conectada. Esto se logra a través del uso de tecnologías digitales avanzadas para la recolección de datos en tiempo real, lo cual facilita la transformación de los procesos empresariales, las cadenas de suministro y los modelos de negocio. La I4.0 no solo promueve la eficiencia y la productividad a largo plazo, sino que también aborda desafíos críticos como la urbanización, la conservación de recursos y la energía, y el crecimiento demográfico (seguir leyendo)..
Inglés
No full textThis article explores technological convergence in the seed and agricultural machinery industries, focusing on mergers and acquisitions (M&A) between 1990 and 2021. Its aim is to understand the global capital restructuring in these industries and its relationship with agriculture 4.0 and advancements in biotechnology. The assessment of changes in technological hierarchy emphasizes cooperation and rivalry in oligopolies for the diffusion of technologies. Using Crunchbase, the methodology identifies 221 acquisitions and classifies companies according to their technological capabilities, focusing on interaction with new technologies. Preliminary results indicate M&A patterns suggesting different strategic adaptations to emerging technologies. Leaders in agricultural machinery seek to integrate ICT tools in the agricultural sector, hinting at a possible transition to information services, with metallurgy as a complementary asset. In contrast, the seed industry follows a path of innovation centered on genetic engineering, considering ICT as complementary assets
Contractor Companies’ Small Projects Facing Mining 4.0 in Chile: How Risky Is the Implementation of Industry 4.0 for Them?
Full text linkDespite the relevance of Chile’s mining industry, risk models applied to contracts have not been intensively developed. This is a quantitative exploratory research, which focuses on the results of a novel risk assessment methodology applied for the analysis of potential industry 4.0 technologies to be implemented by contractor companies in Chile’s mining sector.
In this paper, an overview about mining 4.0 was done and Chile’s large mining companies were analyzed during 2021-2022, obtaining contracts information from a relevant copper producer. A case was selected to apply the model and semi-structured in-depth interviews were conducted with the stakeholders involved in this industry.
Based on our results we found small contracts concentrated the largest number of low and moderate- priority projects, but also the largest number of high-priority contracts. However, it seems to be that big projects are riskier than small projects under the future effects of Industry 4.0 technologies
A, Efectos Moderadores de la Edad y el Tamaño del Negocio en la Relación entre la Capacidad Dinámica de Absorción, las Actividades de Innovación y el Desempeño: Un Estudio desde la Perspectiva de Género del Empresario Aplicado a las MiPymes Turísticas de Cali, Colombia
No full textThe tourism sector of Cali, Colombia is fundamental for the development of the city, although it has recently had crises, mainly caused by the Covid-19 pandemic and social protests, it has been in the process of slow recovery and ups and downs due to a political environment and changing economic. In this context, this study aims to analyze how dynamic absorptive capacity (DAC) and innovation activities (ACTINN) affect performance (DE), the moderating role played by age, company size and gender of the entrepreneur and its possible significant differences in 378 MSMEs in the tourism sector of Cali.
The analyzes carried out using partial least squares structural equations (PLS-SEM) and multigroup analysis reveal that both absorptive capacity (CDA) and innovation activities (ACTINN) have a significant impact on business performance (DE). However, the age and size of the companies do not influence these relationships. Significant differences were found in the relationship between ACTINN and DE, moderated by the gender of the entrepreneur or manager, while the relationship between CDA and DE showed no differences in tourism MSMEs in Cali, Colombia. These findings have important theoretical and practical implications for policy makers, academia and entrepreneurs of tourism MSMEs in Cali.El sector turístico de Cali, Colombia es fundamental para el desarrollo de la ciudad, aunque ha tenido recientemente crisis, originadas principalmente por la pandemia de Covid-19 y protestas sociales, ha venido en proceso de lenta recuperación y altibajos debidos a un ambiente político y económico cambiante. En dicho contexto este estudio tiene por objetivo analizar cómo la capacidad dinámica de absorción (CDA) y las actividades de innovación (ACTINN) afectan el desempeño (DE), el papel moderador que juega en ello la edad, el tamaño de la empresa y el género del empresario y sus posibles diferencias significativas en las MiPymes del sector turístico de Cali.
Los análisis realizados a 378 empresas, mediante ecuaciones estructurales con mínimos cuadrados parciales (PLS-SEM) y el análisis multigrupo revelan que tanto la capacidad de absorción (CDA) como las actividades de innovación (ACTINN) tienen un impacto significativo en el desempeño empresarial (DE). Sin embargo, la edad y el tamaño de las empresas no influyen en estas relaciones. Se encontraron diferencias significativas en la relación entre ACTINN y DE, moderadas por el género del empresario, mientras que la relación entre CDA y DE no mostró diferencias en las MiPymes turísticas de Cali, Colombia. Estos hallazgos tienen importantes implicaciones teóricas y prácticas para los responsables de políticas, la academia y los empresarios de las MiPymes turísticas de Cali
Innovation Management in University Research Groups
Full text linkResearch groups are the units for generating scientific knowledge in Higher Education Institutions (HEIs). They are a key element for strengthening the Regional Innovation Systems (SRI). The department of Cauca (Colombia) has a significant number of this type of organization, with a long history and experience. However, there are gaps in the articulation between researchers and innovation processes. A qualitative phenomenological research was carried out to analyze the innovation management processes in these groups
Oficinas de transferencia de tecnología para una mejor gestión de la colaboración universidad-industria: comparación de Eslovenia, Italia y Malta
No full textThe paper addresses a manifestation of University-Industry collaboration - the Technology Transfer Offices (TTO). The University-Industry collaboration is relevant in the age of Open innovation, and TTO serves as the meeting point of two worlds. In this context, we are interested in how three specific cases of TTO operating in three distinct innovation ecosystems understand their role and how they perceive their strengths and weaknesses. The reader of the presented research will get an insight into three innovation ecosystems, each particular in its regard, and will learn that despite the differences among countries and cultures, the questions the TTO are struggling with are less diverse. A qualitative empirical study in three countries included focus group participants and expert representatives of academic-business technology transfer actors. To sum up, the respected countries need to carefully tailor innovation policies and explore the benefits of the TTO in boosting the commercialisation of products developed at universities.El artículo aborda una manifestación de colaboración universidad-industria: las Oficinas de Transferencia de Tecnología (OTT). La colaboración Universidad-Industria es relevante en la era de la innovación abierta, y TTO sirve como punto de encuentro de dos mundos. En este contexto, nos interesa cómo tres casos específicos de OTT que operan en tres ecosistemas de innovación distintos entienden su papel y cómo perciben sus fortalezas y debilidades. El lector de la investigación presentada obtendrá una idea de tres ecosistemas de innovación, cada uno de ellos en particular, y aprenderá que a pesar de las diferencias entre países y culturas, las cuestiones con las que luchan las OTT son menos diversas. Un estudio empírico cualitativo en tres países incluyó participantes de grupos focales y representantes expertos de actores de transferencia de tecnología académico-empresarial. En resumen, los países respetados deben adaptar cuidadosamente las políticas de innovación y explorar los beneficios de que la OTT impulse la comercialización de productos desarrollados en las universidades
Digital Behavior and Impact on Employee Performance: Evidence from Indonesia
Full text linkThe digital divide makes it difficult for companies to find workers with digital skills. Usually occurs in developing countries, including Indonesia. Therefore, analyzing and investigating digital human resource behavior and performance is necessary. This research aims to investigate and analyze digital behavior and employee performance. The study used an explanatory survey method, carried out from March 2023 – May 2023, at a state company owned by the Indonesian government. The total sample is 149 employees. Data collection uses a questionnaire converted into G-form and distributed with the help of social media. The questionnaire was tested for validity and reliability. Data analysis uses descriptive analysis, factor analysis, and multiple regression. The research results found three dimensions/sub-variables of digital behavior, and we named them digital knowledge & skills, availability of digital technology, and adoption of digital technology innovation. These three dimensions positively impact employee performance, especially the performance of employees belonging to Generation Z. This research also proves that digital behavior in the workplace can be developed if there is support from leadership, availability of technology, and increasing adoption by learning from each other among employees. In the future, this research needs to be continued from the perspective of leaders and consumers