Download or read book Big Data Approach to Firm Level Innovation in Manufacturing written by Seyed Mehrshad Parvin Hosseini and published by Springer Nature. This book was released on 2020-08-03 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book discusses utilizing Big Data and Machine Learning approaches in investigating five aspects of firm level innovation in manufacturing; (1) factors that determine the decision to innovate (2) the extent of innovation (3) characteristics of an innovating firm (4) types of innovation undertaken and (5) the factors that drive and enable different types of innovation. A conceptual model and a cost-benefit framework were developed to explain a firm’s decision to innovate. To empirically demonstrate these aspects, Big data and machine learning approaches were introduced in the form of a case study. The result of Big data analysis as an inferior method to analyse innovation data was also compared with the results of conventional statistical methods. The implications of the findings of the study for increasing the pace of innovation are also discussed.

Download or read book Big Data Analytics in Smart Manufacturing written by P Suresh and published by CRC Press. This book was released on 2022-12-14 with total page 205 pages. Available in PDF, EPUB and Kindle. Book excerpt: The significant objective of this edited book is to bridge the gap between smart manufacturing and big data by exploring the challenges and limitations. Companies employ big data technology in the manufacturing field to acquire data about the products. Manufacturing companies could gain a deep business insight by tracking customer details, monitoring fuel consumption, detecting product defects, and supply chain management. Moreover, the convergence of smart manufacturing and big data analytics currently suffers due to data privacy concern, short of qualified personnel, inadequate investment, long-term storage management of high-quality data. The technological advancement makes the data storage more accessible, cheaper and the convergence of these technologies seems to be more promising in the recent era. This book identified the innovative challenges in the industrial domains by integrating heterogeneous data sources such as structured data, semi-structures data, geo-spatial data, textual information, multimedia data, social networking data, etc. It promotes data-driven business modelling processes by adopting big data technologies in the manufacturing industry. Big data analytics is emerging as a promising discipline in the manufacturing industry to build the rigid industrial data platforms. Moreover, big data facilitates process automation in the complete lifecycle of product design and tracking. This book is an essential guide and reference since it synthesizes interdisciplinary theoretical concepts, definitions, and models, involved in smart manufacturing domain. It also provides real-world scenarios and applications, making it accessible to a wider interdisciplinary audience. Features The readers will get an overview about the smart manufacturing system which enables optimized manufacturing processes and benefits the users by increasing overall profit The researchers will get insight about how the big data technology leverages in finding new associations, factors and patterns through data stream observations in real time smart manufacturing systems The industrialist can get an overview about the detection of defects in design, rapid response to market, innovative products to meet the customer requirement which can benefit their per capita income in better way Discusses technical viewpoints, concepts, theories, and underlying assumptions that are used in smart manufacturing Information delivered in a user-friendly manner for students, researchers, industrial experts, and business innovators, as well as for professionals and practitioners

Download or read book Emerging Technologies in Manufacturing written by Matthew N. O. Sadiku and published by Springer Nature. This book was released on 2023-03-15 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt: The manufacturing industry is a cornerstone of national economy and people’s livelihood. It is the way of transforming resources into products or goods which are required to cater to the needs of the society. Traditional manufacturing companies currently face several challenges such as rapid technological changes, inventory problem, shortened innovation, short product life cycles, volatile demand, low prices, highly customized products, and ability to compete in the global markets. Modern manufacturing is highly competitive due to globalization and fast changes in the global market. This book reviews emerging technologies in manufacturing. These technologies include artificial intelligence, smart manufacturing, lean manufacturing, robotics, automation, 3D printing, nanotechnology, industrial Internet of things, and augmented reality. The use of these technologies will have a profound impact on the manufacturing industry. The book consists of 19 chapters. Each chapter addresses a single emerging technology in depth and describes how manufacturing organizations are adopting the technology. The book fills an important niche for manufacturing. It is a comprehensive, jargon-free introductory text on the issues, ideas, theories, and problems on emerging technologies in manufacturing. It is a must-read book for beginners or anyone who wants to be updated about emerging technologies.

Download or read book Using Big Data for Generating Firm level Innovation Indicators written by Christian Rammer and published by . This book was released on 2022 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Obtaining indicators on innovation activities of firms has been a challenge in economic research for a long time. The most frequently used indicators - R&D expenditure and patents - provide an incomplete picture as they represent inputs and throughputs in the innovation process. Output measurement of innovation has strongly been relying on survey data such as the Community Innovation Survey (CIS), but suffers from several short-comings typical to sample surveys, including incomplete coverage of the firm sector, low timeliness and limited comparability across industries and firms. The availability of big data sources has initiated new efforts to collect innovation data at the firm level. This paper discusses recent attempts of using digital big data sources on firms for generating firm-level innovation indicators, including Websites and social media. It summarises main challenges when using big data and proposes avenues for future research.

Download or read book New Horizons for a Data Driven Economy written by José María Cavanillas and published by Springer. This book was released on 2016-04-04 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this book readers will find technological discussions on the existing and emerging technologies across the different stages of the big data value chain. They will learn about legal aspects of big data, the social impact, and about education needs and requirements. And they will discover the business perspective and how big data technology can be exploited to deliver value within different sectors of the economy. The book is structured in four parts: Part I “The Big Data Opportunity” explores the value potential of big data with a particular focus on the European context. It also describes the legal, business and social dimensions that need to be addressed, and briefly introduces the European Commission’s BIG project. Part II “The Big Data Value Chain” details the complete big data lifecycle from a technical point of view, ranging from data acquisition, analysis, curation and storage, to data usage and exploitation. Next, Part III “Usage and Exploitation of Big Data” illustrates the value creation possibilities of big data applications in various sectors, including industry, healthcare, finance, energy, media and public services. Finally, Part IV “A Roadmap for Big Data Research” identifies and prioritizes the cross-sectorial requirements for big data research, and outlines the most urgent and challenging technological, economic, political and societal issues for big data in Europe. This compendium summarizes more than two years of work performed by a leading group of major European research centers and industries in the context of the BIG project. It brings together research findings, forecasts and estimates related to this challenging technological context that is becoming the major axis of the new digitally transformed business environment.

Download or read book The Elements of Big Data Value written by Edward Curry and published by Springer Nature. This book was released on 2021-08-01 with total page 399 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book presents the foundations of the Big Data research and innovation ecosystem and the associated enablers that facilitate delivering value from data for business and society. It provides insights into the key elements for research and innovation, technical architectures, business models, skills, and best practices to support the creation of data-driven solutions and organizations. The book is a compilation of selected high-quality chapters covering best practices, technologies, experiences, and practical recommendations on research and innovation for big data. The contributions are grouped into four parts: · Part I: Ecosystem Elements of Big Data Value focuses on establishing the big data value ecosystem using a holistic approach to make it attractive and valuable to all stakeholders. · Part II: Research and Innovation Elements of Big Data Value details the key technical and capability challenges to be addressed for delivering big data value. · Part III: Business, Policy, and Societal Elements of Big Data Value investigates the need to make more efficient use of big data and understanding that data is an asset that has significant potential for the economy and society. · Part IV: Emerging Elements of Big Data Value explores the critical elements to maximizing the future potential of big data value. Overall, readers are provided with insights which can support them in creating data-driven solutions, organizations, and productive data ecosystems. The material represents the results of a collective effort undertaken by the European data community as part of the Big Data Value Public-Private Partnership (PPP) between the European Commission and the Big Data Value Association (BDVA) to boost data-driven digital transformation.

Download or read book BIG Data BIG Gains Empirical Evidence on the Link Between Big Data Analytics and Innovation written by Thomas Niebel and published by . This book was released on 2017 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes the relationship between firms' use of big data analytics and their innovative performance in terms of product innovations. Since big data technologies provide new data information practices, they create novel decision-making possibilities, which are widely believed to support firms' innovation process. Applying German firm-level data within a knowledge production function framework we find suggestive evidence that big data analytics is a relevant determinant for the likelihood of a firm becoming a product innovator as well as for the market success of product innovations. These results hold for the manufacturing as well as for the service sector but are contingent on firms' investment in IT-specific skills. Subsequent analyses suggest that firms in the manufacturing and service sector rely on different data sources and data-related firm practices in order to reap the benefits of big data. Overall, the results support the view that big data analytics have the potential to enable innovation.

Download or read book Big Data written by and published by . This book was released on 2011 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Big Data Applications in Industry 4 0 written by P. Kaliraj and published by CRC Press. This book was released on 2022-02-10 with total page 446 pages. Available in PDF, EPUB and Kindle. Book excerpt: Industry 4.0 is the latest technological innovation in manufacturing with the goal to increase productivity in a flexible and efficient manner. Changing the way in which manufacturers operate, this revolutionary transformation is powered by various technology advances including Big Data analytics, Internet of Things (IoT), Artificial Intelligence (AI), and cloud computing. Big Data analytics has been identified as one of the significant components of Industry 4.0, as it provides valuable insights for smart factory management. Big Data and Industry 4.0 have the potential to reduce resource consumption and optimize processes, thereby playing a key role in achieving sustainable development. Big Data Applications in Industry 4.0 covers the recent advancements that have emerged in the field of Big Data and its applications. The book introduces the concepts and advanced tools and technologies for representing and processing Big Data. It also covers applications of Big Data in such domains as financial services, education, healthcare, biomedical research, logistics, and warehouse management. Researchers, students, scientists, engineers, and statisticians can turn to this book to learn about concepts, technologies, and applications that solve real-world problems. Features An introduction to data science and the types of data analytics methods accessible today An overview of data integration concepts, methodologies, and solutions A general framework of forecasting principles and applications, as well as basic forecasting models including naïve, moving average, and exponential smoothing models A detailed roadmap of the Big Data evolution and its related technological transformation in computing, along with a brief description of related terminologies The application of Industry 4.0 and Big Data in the field of education The features, prospects, and significant role of Big Data in the banking industry, as well as various use cases of Big Data in banking, finance services, and insurance Implementing a Data Lake (DL) in the cloud and the significance of a data lake in decision making

Download or read book Data Driven Innovation Big Data for Growth and Well Being written by OECD and published by OECD Publishing. This book was released on 2015-10-06 with total page 456 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report improves the evidence base on the role of Data Driven Innovation for promoting growth and well-being, and provide policy guidance on how to maximise the benefits of DDI and mitigate the associated economic and societal risks.

Download or read book Corporate Performance and Managerial Ties in China written by Chris Rowley and published by Routledge. This book was released on 2021-11-29 with total page 177 pages. Available in PDF, EPUB and Kindle. Book excerpt: In many countries, business practitioners, policy makers, pundits and laypeople want to know how strong China really is in business. In the preceding century, the overall tone of business comments on China was filled with fanfare and ovation. However, despite economic performance and seemingly inexorable growth, some global data in areas such as labour productivity and digital competitiveness, show a different and more nuanced picture. This collection provides a multi-level reality check on the Chinese economy, firm performance and managerial ties. Given that China must transform its economy and business that can pull global talent together to produce high-end technologies for radically innovative products and services, this book proposes two questions. First, can China restructure its economy from a low-cost growth model to a high value-added innovative model without incurring major structural inertia? Second, can Chinese firms outperform competitors in global high value markets without relying on state initiatives, central funding mechanisms and public R&D institutions? This book was originally published as a special issue of the journal, Asia Pacific Business Review.

Download or read book Data Driven Smart Manufacturing Technologies and Applications written by Weidong Li and published by Springer Nature. This book was released on 2021-02-20 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book reports innovative deep learning and big data analytics technologies for smart manufacturing applications. In this book, theoretical foundations, as well as the state-of-the-art and practical implementations for the relevant technologies, are covered. This book details the relevant applied research conducted by the authors in some important manufacturing applications, including intelligent prognosis on manufacturing processes, sustainable manufacturing and human-robot cooperation. Industrial case studies included in this book illustrate the design details of the algorithms and methodologies for the applications, in a bid to provide useful references to readers. Smart manufacturing aims to take advantage of advanced information and artificial intelligent technologies to enable flexibility in physical manufacturing processes to address increasingly dynamic markets. In recent years, the development of innovative deep learning and big data analytics algorithms is dramatic. Meanwhile, the algorithms and technologies have been widely applied to facilitate various manufacturing applications. It is essential to make a timely update on this subject considering its importance and rapid progress. This book offers a valuable resource for researchers in the smart manufacturing communities, as well as practicing engineers and decision makers in industry and all those interested in smart manufacturing and Industry 4.0.

Download or read book Unpacking Innovation written by Marco Cucculelli and published by Edward Elgar Publishing. This book was released on 2024-05-02 with total page 163 pages. Available in PDF, EPUB and Kindle. Book excerpt: Unpacking Innovation is a detailed and empirically grounded account of business model diversity and innovation in the context of increasing competition and digitalization. Focusing on incumbent firms, the book presents a novel perspective on how business model reconfiguration can help companies to compete effectively.

Download or read book Knowledge Management Innovation and Big Data written by Patricia Ordóñez de Pablos and published by MDPI. This book was released on 2019-12-31 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt: The evolution of knowledge management theory and the special emphasis on human and social capital sets new challenges for knowledge-driven and technology-enabled innovation. Emerging technologies including big data and analytics have significant implications for sustainability, policy making, and competitiveness. This edited volume promotes scientific research into the potential contributions knowledge management can make to the new era of innovation and social inclusive economic growth. We are grateful to all the contributors of this edition for their intellectual work. The organization of the relevant debate is aligned around three pillars: SECTION A. DATA, KNOWLEDGE, HUMAN AND SOCIAL CAPITAL FOR INNOVATION We elaborate on the new era of knowledge types and the emerging forms of social capital and their impact on technology-driven innovation. Topics include: · Social Networks · Smart Education · Social Capital · Corporate Innovation · Disruptive Innovation · Knowledge integration · Enhanced Decision-Making. SECTION B. KNOWLEDGE MANAGEMENT & BIG DATA ENABLED INNOVATION In this section, knowledge management and big data applications and systems are presented. Selective topic include: · Crowdsourcing Analysis · Natural Language Processing · Data Governance · Knowledge Extraction · Ontology Design Semantic Modeling SECTION C. SUSTAINABLE DEVELOPMENT In the section, the debate on the impact of knowledge management and big data research to sustainability is promoted with integrative discussion of complementary social and technological factors including: · Big Social Networks on Sustainable Economic Development · Business Intelligence

Download or read book Handbook of Research on Integrating Industry 4 0 in Business and Manufacturing written by Karabegovi?, Isak and published by IGI Global. This book was released on 2020-03-27 with total page 661 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Industry 4.0, industrial productions are adjusted to complete smart automation, which means introducing self-automation methods, self-configuration, self-diagnosis of problems and removal, cognition, and intelligent decision making. This implementation of Industry 4.0 brings about a change in business paradigms and production models, and this will be reflected at all levels of the production process including supply chains and will involve all workers in the production process from managers to cyber-physical systems designers and customers as end-users. The Handbook of Research on Integrating Industry 4.0 in Business and Manufacturing is an essential reference source that explores the development and integration of Industry 4.0 by examining changes and innovations to manufacturing processes as well as its applications in different industrial areas. Featuring coverage on a wide range of topics such as cyber physical systems, integration criteria, and artificial intelligence, this book is ideally designed for mechanical engineers, electrical engineers, manufacturers, supply chain managers, logistics specialists, investors, managers, policymakers, production scientists, researchers, academicians, and students at the postgraduate level.

Download or read book Handbook of Research on Strategic Leadership in the Fourth Industrial Revolution written by Zeki Simsek and published by Edward Elgar Publishing. This book was released on 2024-07-05 with total page 599 pages. Available in PDF, EPUB and Kindle. Book excerpt: This pioneering Handbook surveys the research landscape of strategic leadership in what is referred to as the ‘Fourth Industrial Revolution’: a fusion of technologies and systems which blurs the boundaries between the digital, physical and biological spheres.

Download or read book Artificial Intelligence Big Data Algorithms and Industry 4 0 in Firms and Clusters written by Luciana Lazzeretti and published by Taylor & Francis. This book was released on 2024-10-04 with total page 207 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume offers a wide-ranging discussion on the interrelations among AI, algorithms, big data, and Industry 4.0 to understand the importance of these new paradigms for the development of firms, districts, clusters, cities, regions, and innovation. Drawing on theoretical, empirical, and qualitative studies and using local perspectives, the chapters in this book explore theoretical aspects of AI and its evolution in social sciences, focusing on industry 4.0, smart cities, big data, and other related topics. They examine the role of industrial robots in employment, productivity, and knowledge absorption in industrial districts. They also discuss innovation in the context of local production systems, AI ecosystems, and the growth and potential of the Metaverse. Taken together, the book offers insights to help understand the new dynamics generated by the advent of these technologies and how they may affect regions, cities, clusters, industries, and organizations, and identifies avenues for future research in the development of new trajectories for clusters and firms. This book will be a key resource for scholars and advanced students in the fields of economics, geography, architecture, planning, and management as well as for interdisciplinary researchers who want to learn more about the development of new technologies, the relevance of AI, Big Data and I4.0 for firms and in relation to their adoption in clusters. This book was originally published as a special issue of European Planning Studies.