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Item type:Publication, Business innovation and critical success factors in the era of digital transformation and turbulent times(Cognitione Foundation for the Dissemination of Knowledge and Science, 2021-01-01)Explore what entrepreneurship and success factors can help drive business to resilience and stability and achieve competitive advantage through innovation in different countries and business realities in the era of digital transformation and turbulent times. METHODOLOGY: Based on the narrative literature review, we present research findings concerning new strategies and outlooks for business innovation in times of many unknowns. Each organization wants to find its way to gain success and create its unique business model, which can capture value creation and innovativeness and be more adaptive, resilient, and stable in critical moments and sustainable over time. FINDINGS: The articles presented in this issue explore the essential factors of business innovation and success in different organizations and the environments in which these businesses function. IMPLICATIONS FOR THEORY AND PRACTICE: This article synthesizes the presented research field’s importance and relevance, connecting its theoretical background with practical research. Recommendations and implications for future trends of this research stream might also be helpful for professionals and academicians. ORIGINALITY AND VALUE: The novel studies presented in this issue were done in five different (developing and developed) countries and business sectors that present human-based and non-human-based factors as crucial factors needed to empower business transformation in a complex world. Each group of elements is essential in business success, and their components are interdependent. We need to look at the interactions and interdependencies of their components in a dynamic and network form and cannot simplify the reality, focusing only on one group of business components and ignoring the other. These unique studies provide a valuable outlook to establish dynamic, adaptive business pathways towards a sustainable and resilient organizational future and propose future research paths needed to execute structural changes in businesses. - Some of the metrics are blocked by yourconsent settings
Item type:Publication, Analytic Network Process in Economics, Finance and Management: Contingency Factors, Current Trends and Further Research(Elsevier BV, 2023-09-04)This study explores the recent use of the Analytic Network Process (ANP) in the decision process in the areas of economics, finance and management to identify common contingency factors, current trends, representative studies and directions for further research applications in the target areas. A systematic literature review of 434 ANP studies for a 10-year period (2012–2021) within the Scopus database was conducted using the keyword “Analytic Network Process” in articles indexed in the following two categories: (1) Business, Management and Accounting, and (2) Economics, Econometrics and Finance. Further analysis using a citation-based graph and contingency analysis approaches was performed to identify usage trends. Our findings indicate that the most common ANP applications are with sustainable supply chain management and business evaluation frameworks. There is also a trend of applications engaging stakeholders in the decision-making process. Finally, it was found that the ANP is most commonly used as part of a multicriteria multi-method (a method followed by others) or integrated decision-making (hybridization of methods) approach rather than alone. The most common use (>80%) of the ANP is as part of a multi-method or integrated method with other tools such as DEMATEL, which suggests these approaches, in particular integrated ones (>50%), are becoming the preferred method of analysis to simplify the ANP process. From a practical point of view, it was found that the ANP is particularly utilized in sustainable projects to facilitate the participation of various stakeholders. This is the first focused review of the use of the ANP in the areas of economics, finance and management with an emphasis on its application as well as its contingent factors. Also, representative studies have been highlighted in each area. Traditional reviews have not delved deeply into the areas and contingent factors that this study explores.
